Improving Operating Profit and Cash Flow
First written in FY2016. 17 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-07-31.
0 other companies' latest entry also says "Worsened".
- 2026-07-31WorsenedEarnings
「As a result, operating loss for the cumulative first quarter was ¥1,120 million, compared with an operating loss of ¥40 million in the same period of the previous year; ordinary loss was ¥1,123 million, compared with an ordinary loss of ¥74 million; and quarterly net loss was ¥810 million, compared with quarterly net income of ¥98 million.」
Compared with an operating loss, ordinary loss, and quarterly net income in the same period of the previous year, the company’s operating loss and ordinary loss widened in the first quarter and it swung to a quarterly net loss. - FY2026Higher Operating Profit; Lower Ordinary Profit and Net IncomeAnnual report
「As a result, operating income for the fiscal year was ¥1,389 million, up 12.9% year on year, ordinary income was ¥684 million, down 64.6%, and net income was ¥434 million, down 77.4%. The primary reason for the difference between operating income and ordinary income was a foreign exchange loss of ¥526 million recorded as a non-operating expense.」
Operating income increased as operating revenue rose and operating expenses grew, but ordinary income and net income fell substantially due to the ¥526 million foreign exchange loss. - FY2026-H1WorsenedAnnual report
「As a result, the operating loss for the interim period was ¥107 million (operating income of ¥312 million in the same period of the previous year), the ordinary loss was ¥370 million (ordinary income of ¥641 million), and the interim net loss was ¥100 million (interim net income of ¥664 million).」
Operating, ordinary and interim net income all turned from profits in the same period of the previous year to losses in the interim period. Cash flow from operating activities also decreased from an inflow of ¥3,269 million to ¥584 million. - FY2025AdvancedAnnual report
「As a result, operating income for the fiscal year was ¥1,230 million (operating income of ¥90 million in the previous fiscal year), ordinary income was ¥1,933 million, up 82.3% year on year, and net income was ¥1,923 million, up 110.8%. Cash flow from operating activities was a cash inflow of ¥5,272 million (cash inflow of ¥529 million in the previous fiscal year).」
Operating, ordinary and net income increased from the previous year, while cash flow from operating activities increased from an inflow of ¥529 million to ¥5,272 million. - FY2025-H1AdvancedAnnual report
「As a result, operating income for the interim period was ¥312 million (operating loss of ¥1,709 million in the same period of the previous year), ordinary income was ¥641 million (ordinary loss of ¥1,310 million), and interim net income was ¥664 million (interim net loss of ¥1,271 million). Cash flow from operating activities was a cash inflow of ¥3,269 million (cash outflow of ¥2,577 million in the same period of the previous year).」
Operating, ordinary and interim net income all turned from losses in the same period of the previous year to profits, while cash flow from operating activities also turned from an outflow in the same period of the previous year to an inflow of ¥3,269 million. - FY2024-Q3AdvancedAnnual report
「As a result, ordinary income for the cumulative third quarter was ¥306 million (ordinary loss of ¥837 million in the same period of the previous year), and quarterly net income was ¥118 million (quarterly net loss of ¥835 million).」
The operating loss was limited to ¥254 million, while ordinary income turned from a loss of ¥837 million to income of ¥306 million, and quarterly net income turned from a loss of ¥835 million to income of ¥118 million. - FY2024-Q2AdvancedAnnual report
「Successful efforts to capture demand resulted in quarterly net income of ¥623 million in the second quarter alone. As a result, the operating loss for the cumulative second quarter was ¥1,709 million (operating loss of ¥2,736 million in the same period of the previous year), the ordinary loss was ¥1,310 million (ordinary loss of ¥2,318 million), and the quarterly net loss was ¥1,271 million (quarterly net loss of ¥2,277 million).」
The company recorded quarterly net income of ¥623 million in the second quarter alone, and the operating, ordinary and net losses for the cumulative second quarter all narrowed from the same period of the previous year. - FY2024-Q1WorsenedAnnual report
「As a result, the operating loss for the cumulative first quarter was ¥2,151 million (operating loss of ¥1,713 million in the same period of the previous year), the ordinary loss was ¥2,034 million (ordinary loss of ¥1,448 million), and the quarterly net loss was ¥1,894 million (quarterly net loss of ¥1,415 million).」
Operating revenue increased 30.2% year on year, while the operating loss, ordinary loss and quarterly net loss all increased from the same period of the previous year. - FY2023AdvancedAnnual report
「As a result, the operating loss for the fiscal year was ¥1,317 million (operating loss of ¥6,465 million in the previous fiscal year), the ordinary loss was ¥704 million (ordinary loss of ¥6,054 million), and net income was ¥73 million (net loss of ¥4,986 million).」
Due to recovering demand and cost reductions, the operating and ordinary losses narrowed substantially, and net income turned from a loss of ¥4,986 million to income of ¥73 million. Cash flow from operating activities also turned into an inflow of ¥122 million. - FY2023-Q3AdvancedAnnual report
「Compared with the same period of the previous year, demand gradually recovered. In addition to cash flow from operating activities being positive for the cumulative second quarter, the company recorded operating income of ¥1,311 million in the third quarter alone.」
In addition to recovering demand, the company recorded operating income of ¥1,311 million in the third quarter alone. On a cumulative third-quarter basis, however, an operating loss of ¥1,424 million and a net loss of ¥835 million continued. - FY2023-Q2AdvancedAnnual report
「As a result, the operating profit for the cumulative second quarter was an operating loss of ¥2,736 million (operating loss of ¥3,661 million in the same period of the previous year), the ordinary loss was ¥2,318 million (ordinary loss of ¥3,632 million), and the quarterly net loss was ¥2,277 million (quarterly net loss of ¥2,698 million).」
The operating loss, ordinary loss and quarterly net loss all narrowed from the same period of the previous year. In addition, cash flow from operating activities turned from an outflow of ¥2,438 million in the same period of the previous year to an inflow of ¥62 million. - FY2023-Q1AdvancedAnnual report
「As a result, production volume (available seat kilometers) and the number of paying passengers increased significantly from the same period of the previous year, and revenue from air transportation operations was ¥6,766 million, up 60.9% year on year. Operating revenue for the cumulative first quarter was ¥6,789 million, up 60.6% year on year. The operating loss for the cumulative first quarter was ¥1,713 million (operating loss of ¥1,916 million in the same period of the previous year), the ordinary loss was ¥1,448 million (ordinary loss of ¥1,897 million), and the quarterly net loss was ¥1,415 million (quarterly net loss of ¥1,581 million).」
Due to recovering demand, operating revenue increased 60.6% year on year, while the operating loss, ordinary loss and quarterly net loss all narrowed from the same period of the previous year. However, losses continued. - FY2022AdvancedAnnual report
「As a result, the operating loss for the fiscal year was ¥6,465 million (operating loss of ¥11,239 million in the previous fiscal year), the ordinary loss was ¥6,054 million (ordinary loss of ¥11,356 million), and the net loss was ¥4,986 million (net loss of ¥10,067 million).」
Operating revenue was ¥21,131 million, up 15.5% year on year, and operating expenses were ¥27,597 million, down 6.6%. The operating loss, ordinary loss and net loss all narrowed from the previous fiscal year. However, losses continued. - FY2022-Q3AdvancedAnnual report
「Compared with the same period of the previous year, demand has gradually recovered and performance has steadily improved, including an operating income of ¥90 million in December alone. However, conditions remain extremely challenging. The company recorded a quarterly net loss of ¥3,069 million for the cumulative third quarter (quarterly net loss of ¥7,507 million in the same period of the previous year), and total net assets at the end of the third quarter were ¥2,551 million.」
Due to recovering demand and cost reductions, the operating loss narrowed from ¥7,555 million to ¥4,194 million, and the quarterly net loss narrowed from ¥7,507 million to ¥3,069 million. The company recorded operating income of ¥90 million in December alone, but remained loss-making on a cumulative basis. - FY2022-Q2AdvancedAnnual report
「As a result, production volume (available seat kilometers) and the number of paying passengers increased from the same period of the previous year, and revenue from air transportation operations was ¥9,109 million, up 16.4% year on year. Revenue from ancillary businesses was ¥39 million, up 49.9%, bringing operating revenue for the cumulative second quarter to ¥9,148 million, up 16.5% year on year. Operating expenses were ¥12,809 million, down 9.7% year on year. As a result, the operating loss for the cumulative second quarter was ¥3,661 million (operating loss of ¥6,341 million in the same period of the previous year), the ordinary loss was ¥3,632 million (ordinary loss of ¥6,464 million), and the quarterly net loss was ¥2,698 million (quarterly net loss of ¥6,411 million).」
Due to recovering demand and cost reductions, operating revenue increased 16.5% year on year and operating expenses decreased 9.7%, while the operating loss, ordinary loss and quarterly net loss all narrowed from the same period of the previous year. - FY2022-Q1AdvancedAnnual report
「As a result, the operating loss for the cumulative first quarter was ¥1,916 million (operating loss of ¥3,635 million in the same period of the previous year), the ordinary loss was ¥1,897 million (ordinary loss of ¥3,672 million), and the quarterly net loss was ¥1,581 million (quarterly net loss of ¥3,773 million).」
The operating loss, ordinary loss and quarterly net loss all narrowed from the same period of the previous year. Operating revenue was ¥4,227 million, up 32.8% year on year, and operating expenses were ¥6,144 million, down 9.9%, but losses continued. - FY2021WorsenedAnnual report
「As a result, the operating loss for the fiscal year was ¥11,239 million (operating income of ¥3 million in the previous fiscal year), and the ordinary loss was ¥11,356 million (ordinary income of ¥46 million). In addition, the company recorded a net loss of ¥10,067 million (net loss of ¥400 million in the previous fiscal year), mainly due to recording ¥920 million in subsidies from Kitakyushu City under its program to support the continued operation of the local airline network and ¥685 million in employment adjustment subsidies as extraordinary income.」
Operating, ordinary and net income deteriorated substantially, resulting in a net loss of ¥10,067 million. - FY2021-Q3WorsenedAnnual report
「As a result, the operating loss for the cumulative third quarter was ¥7,555 million (operating income of ¥684 million in the same period of the previous year), the ordinary loss was ¥7,734 million (ordinary income of ¥697 million), and the quarterly net loss was ¥7,507 million (quarterly net income of ¥449 million).」
Against a backdrop of weaker demand due to the infectious disease, operating, ordinary and net income turned from profits in the same period of the previous year to substantial losses, with losses increasing further from the cumulative second quarter. - FY2021-Q2WorsenedAnnual report
「As a result, the operating loss for the cumulative second quarter was ¥6,341 million (operating income of ¥745 million in the same period of the previous year), the ordinary loss was ¥6,464 million (ordinary income of ¥740 million), and the quarterly net loss was ¥6,411 million (quarterly net income of ¥687 million).」
Against a backdrop of lower demand due to the infectious disease, operating, ordinary and net income turned from profits in the same period of the previous year to substantial losses. - FY2021-Q1WorsenedAnnual report
「As a result, the operating loss for the three-month period was ¥3,635 million, compared with operating profit of ¥116 million in the same period of the previous year. The ordinary loss was ¥3,672 million, compared with ordinary profit of ¥73 million, and the quarterly net loss was ¥3,773 million, compared with a quarterly net loss of ¥50 million.」
Against a backdrop of declining demand due to the infectious disease outbreak, operating results, ordinary results and net results all deteriorated from a profit or a small loss in the same period of the previous year to significant losses. - FY2020WorsenedAnnual report
「As a result, the increase in operating expenses exceeded the increase in operating revenue, causing operating profit to fall to ¥3 million, down 99.7% from the previous fiscal year, and ordinary profit to ¥46 million, down 96.3%. Although total income taxes decreased, the net loss was ¥400 million, compared with net income of ¥513 million in the previous fiscal year.」
Although operating revenue increased, the increase in operating expenses was greater, resulting in significant declines in operating profit and ordinary profit, while net income turned into a loss of ¥400 million. - FY2020-Q3WorsenedAnnual report
「As a result, operating profit for the nine-month period was ¥684 million, down 47.8% year on year, and ordinary profit was ¥697 million, down 43.9%. On the other hand, quarterly net income was ¥449 million, down 22.2% year on year, due to a decrease in total income taxes.」
Operating profit, ordinary profit and quarterly net income were all below the same period of the previous year. Operating expenses increased 6.8% year on year due to higher equipment costs, variable costs, personnel expenses and other expenses. - FY2020-Q2Lower operating profit and higher net profitAnnual report
「As a result, operating profit for the six-month period was ¥745 million, down 22.7% year on year, and ordinary profit was ¥740 million, down 25.5%. However, quarterly net income was ¥687 million, up 42.7%, due to a decrease in total income taxes.」
Operating profit and ordinary profit were below the same period of the previous year, while quarterly net income exceeded the previous year due to a decrease in total income taxes. - FY2020-Q1Improvement in operating results; net loss continuesAnnual report
「As a result, operating profit for the three-month period was ¥116 million, compared with an operating loss of ¥56 million in the same period of the previous year. Ordinary profit was ¥73 million, compared with an ordinary loss of ¥67 million, while the quarterly net loss was ¥50 million, compared with a quarterly net loss of ¥170 million.」
Operating profit and ordinary profit turned from losses in the same period of the previous year to profits, and the quarterly net loss narrowed from ¥170 million to ¥50 million, but the net loss continued. - FY2019-Q3WorsenedAnnual report
「As a result, operating profit for the nine-month period was ¥1,309 million, down 52.9% year on year, ordinary profit was ¥1,242 million, down 54.6%, and quarterly net income was ¥577 million, down 68.8%.」
For the nine-month period, operating profit, ordinary profit and quarterly net income were all below the same period of the previous year, and the decline in earnings widened. - FY2019-Q2Decline in interim profit and negative operating cash flowAnnual report
「As a result, operating profit for the six-month period was ¥964 million, down 50.0% year on year, ordinary profit was ¥993 million, down 47.9%, and quarterly net income was ¥481 million, down 59.8%. Cash flow from operating activities was an outflow of ¥512 million, compared with an inflow of ¥3,096 million in the same period of the previous year.」
Operating profit, ordinary profit and quarterly net income were all below the same period of the previous year, while cash flow from operating activities changed from an inflow to an outflow of ¥512 million. - FY2019-Q1Quarterly results turned to a lossAnnual report
「As a result, the operating loss for the first quarter was ¥56 million, compared with operating profit of ¥557 million in the same quarter of the previous year. The ordinary loss was ¥67 million, compared with ordinary profit of ¥545 million, and the quarterly net loss was ¥170 million, compared with quarterly net income of ¥348 million.」
Operating revenue increased 1.1% year on year to ¥8,973 million, while operating profit, ordinary profit and quarterly net income all turned negative. The disclosure cites increased initial costs for developing international scheduled routes, selling expenses, personnel expenses and fuel costs as factors behind the increase in expenses. - FY2018Fluctuations in full-year resultsAnnual report
「As a result, operating profit for the fiscal year was ¥2,870 million, down 6.2% from the previous fiscal year, and ordinary profit was ¥2,733 million, down 8.4%. Although total income taxes decreased, net income was ¥1,878 million, down 2.7% from the previous fiscal year.」
Operating profit, ordinary profit and net income were all below the previous fiscal year, while cash flow from operating activities increased to ¥4,932 million. - FY2018-Q3Fluctuations in quarterly resultsAnnual report
「As a result, operating profit for the nine-month period was ¥2,779 million, up 0.1% year on year, and ordinary profit was ¥2,734 million, up 1.2%. In addition, quarterly net income was ¥1,850 million, up 6.3% year on year, due to a decrease in total income taxes.」
Operating profit of ¥2,779 million and ordinary profit of ¥2,734 million both exceeded the same period of the previous year, while quarterly net income rose to ¥1,850 million, up 6.3% year on year, partly due to a decrease in total income taxes. - FY2018-Q2Fluctuations in quarterly resultsAnnual report
「As a result, operating profit for the six-month period was ¥1,930 million, down 4.8% year on year, and ordinary profit was ¥1,908 million, up 0.5%. On the other hand, total income taxes increased due in part to the elimination of tax loss carryforwards in the previous fiscal year, resulting in quarterly net income of ¥1,198 million, down 11.2% year on year.」
Operating profit and quarterly net income were below the same period of the previous year, while ordinary profit was higher. The impact on net income of higher income taxes following the elimination of tax loss carryforwards also continued. - FY2018-Q1Fluctuations in quarterly resultsAnnual report
「As a result, operating profit for the first quarter was ¥557 million, down 5.3% year on year, and ordinary profit was ¥545 million, up 3.0%. On the other hand, total income taxes increased due in part to the elimination of tax loss carryforwards in the previous fiscal year, resulting in quarterly net income of ¥348 million, down 22.3% year on year.」
Operating profit and quarterly net income were below the same quarter of the previous year, while ordinary profit was higher. The increase in income taxes associated with the elimination of tax loss carryforwards also continued. - FY2017AdvancedAnnual report
「As a result, operating profit for the fiscal year was ¥3,058 million, up 50.5% from the previous fiscal year, and ordinary profit was ¥2,985 million, up 12.6%. On the other hand, total income taxes increased due to the elimination of tax loss carryforwards and the recognition of income taxes adjustments resulting from the reversal of deferred tax assets, resulting in net income of ¥1,931 million, down 24.5% from the previous fiscal year.」
Operating profit increased to ¥3,058 million and ordinary profit to ¥2,985 million, both record highs, while net income declined year on year to ¥1,931 million due to the tax burden and other factors. Operating cash flow also increased to ¥4,477 million. - FY2017-Q3AdvancedAnnual report
「As a result, operating profit for the nine-month period was ¥2,775 million, up 93.3% year on year, and ordinary profit was ¥2,702 million, up 31.1%. On the other hand, total income taxes increased due to the elimination of tax loss carryforwards and the recognition of income taxes adjustments resulting from the reversal of deferred tax assets, resulting in quarterly net income of ¥1,740 million, down 2.4% year on year.」
Operating profit and ordinary profit increased year on year, while quarterly net income decreased 2.4% due to higher income taxes. - FY2017-Q2AdvancedAnnual report
「As a result, operating profit for the six-month period was ¥2,027 million, up 179.9% year on year, and ordinary profit was ¥1,898 million, up 52.4%. Quarterly net income was ¥1,349 million, up 21.7%, due to the elimination of tax loss carryforwards and the recognition of income taxes adjustments resulting from the reversal of deferred tax assets.」
Operating profit, ordinary profit and quarterly net income all increased year on year, with operating profit reaching ¥2,027 million. - FY2017-Q1AdvancedAnnual report
「As a result, operating profit for the first quarter was ¥588 million, compared with an operating loss of ¥54 million in the same period of the previous year, and ordinary profit was ¥530 million, up 140.2% year on year. Due in part to the recognition of income taxes adjustments resulting from the reversal of deferred tax assets, quarterly net income was ¥448 million, up 105.0%.」
Operating profit returned to the black from a loss in the same period of the previous year, while ordinary profit was ¥530 million and quarterly net income was ¥448 million. - FY2016First statedAnnual report
「As a result, operating revenue for the fiscal year was ¥34,451 million, down 0.8% year on year, while operating profit was ¥2,032 million, up 722.2%.」
The Company reported operating profit of ¥2,032 million, operating cash flow of ¥4,286 million and an equity ratio of 21.1%, among other improvements for the year.