Higher Sales and Declines in Operating Profit, Ordinary Profit, and Net Income
First written in FY2016. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 14 of 54 companies on the "Worse" side.
28 other companies' latest entry also says "Other".
- FY2026Full-year revenue and profit growthAnnual report
「Revenue and profit increased year on year due to higher handling volumes, mainly for air freight transportation, in the logistics business and the occupancy of new tenants in the multi-tenant MSH Nihombashi Hakozaki Building in the real estate business.」
Operating revenue increased 6.7% from the previous fiscal year to ¥299,472 million, operating profit increased 24.0% to ¥22,111 million, and net income attributable to owners of the parent increased 11.1% to ¥11,151 million, resulting in full-year revenue and profit growth. - FY2026-H1Interim revenue growth, operating profit growth and net income declineAnnual report
「Operating revenue 138,672 147,009 8,336 6.0% Operating profit 9,459 11,628 2,168 22.9% Ordinary profit 9,504 11,501 1,996 21.0% Interim net income attributable to owners of the parent 5,847 5,589 −258 −4.4%」
Operating revenue, operating profit and ordinary profit increased year on year in the interim period, while interim net income attributable to owners of the parent declined. - FY2025-H1Interim Revenue Growth and Profit DeclinesAnnual report
「Operating revenue 131,862 138,672 6,810 5.2% Operating profit 11,843 9,459 −2,383 −20.1% Ordinary profit 12,206 9,504 −2,701 −22.1% Interim net income attributable to owners of the parent 7,182 5,847 −1,335 −18.6%」
In the FY2025 interim period, operating revenue increased 5.2% year on year, while operating profit, ordinary profit and interim net income attributable to owners of the parent all declined. The start of operations at a new logistics facility contributed to higher revenue, while temporary vacancies in the real estate business were cited as a factor behind the profit decline. - FY2024Full-year revenue and profit declined year on yearAnnual report
「Operating revenue 300,836 260,593 −40,242 −13.4% Operating profit 25,961 20,754 −5,207 −20.1% Ordinary profit 26,533 21,010 −5,523 −20.8% Net income attributable to owners of the parent 15,617 12,107 −3,509 −22.5%」
Following revenue and profit growth in the previous fiscal year, operating revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined in the current fiscal year. The decline in ocean and air freight rates was cited as the main factor. - FY2024-Q3Lower revenue and profits continued year on yearAnnual report
「Revenue and profit declined year on year, mainly due to lower unit prices for ocean and air freight.」
Operating revenue decreased 15.7% year on year, operating profit 20.8%, ordinary profit 21.2%, and net income attributable to owners of the parent 24.4%. The decline in revenue and profit seen through the previous quarter continued through the cumulative third quarter. - FY2024-Q2Lower revenue and profits continued year on yearAnnual report
「Operating revenue 157,252 131,862 △25,390 △16.1%; operating income 13,673 11,843 △1,830 △13.4%; ordinary income 14,446 12,206 △2,239 △15.5%; quarterly net income attributable to owners of the parent 9,169 7,182 △1,986 △21.7% Revenue and profit declined year on year, mainly due to lower unit prices for ocean and air freight.」
The shift from revenue and profit growth in the second quarter of the previous fiscal year to lower revenue and profit in the first quarter continued through the first 2 quarters, with operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all declining year on year. - FY2024-Q1Turned to lower revenue and profit year on yearAnnual report
「Operating revenue 78,584 65,988 △12,595 △16.0%; operating income 6,783 6,158 △624 △9.2%; ordinary income 7,132 6,521 △610 △8.6%; quarterly net income attributable to owners of the parent 4,774 3,780 △994 △20.8%」
From the revenue and profit growth in the first quarter of the previous fiscal year, operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all turned to year-on-year declines. The main factor cited was the decline in unit prices for ocean and air freight. - FY2023-Q3Continued year-on-year revenue and profit growthAnnual report
「Operating revenue and all profit measures increased year on year.」
During the first 3 quarters of the current fiscal year, operating revenue was ¥234,317 million, operating income was ¥21,338 million, ordinary income was ¥22,115 million, and quarterly net income attributable to owners of the parent was ¥13,191 million. All profit measures continued to increase year on year. - FY2023-Q2Continued year-on-year revenue and profit growthAnnual report
「Operating revenue and all profit measures increased year on year.」
During the first 2 quarters of the current fiscal year, operating revenue was ¥157,252 million, operating income was ¥13,673 million, ordinary income was ¥14,446 million, and quarterly net income attributable to owners of the parent was ¥9,169 million. All profit measures continued to increase year on year. - FY2023-Q1Continued year-on-year revenue and profit growthAnnual report
「As a result, consolidated operating revenue increased by ¥10,257 million year on year to ¥78,584 million, consolidated operating income increased by ¥1,217 million to ¥6,783 million, consolidated ordinary income increased by ¥1,511 million to ¥7,132 million, and quarterly net income attributable to owners of the parent increased by ¥1,537 million to ¥4,774 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2022New record high profit for 2 consecutive periodsAnnual report
「As a result, consolidated operating revenue increased by ¥47,462 million year on year to ¥301,022 million, consolidated operating income increased by ¥8,278 million to ¥25,939 million, consolidated ordinary income increased by ¥8,312 million to ¥25,553 million, and net income attributable to owners of the parent increased by ¥2,954 million to ¥14,503 million, setting a new record high for the second consecutive period.」
Operating revenue, operating income, ordinary income and profit attributable to owners of the parent all increased, setting a new record high for the second consecutive period. - FY2022-Q3Revenue and profit growth continuedAnnual report
「As a result, consolidated operating revenue increased by ¥29,892 million year on year to ¥216,769 million, consolidated operating income increased by ¥4,642 million to ¥18,137 million, consolidated ordinary income increased by ¥4,739 million to ¥18,227 million, and quarterly net income attributable to owners of the parent increased by ¥2,384 million to ¥10,309 million.」
During the first 3 quarters, operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2022-Q2New record high first-half profitAnnual report
「As a result, consolidated operating revenue increased by ¥21,094 million year on year to ¥140,044 million, consolidated operating income increased by ¥3,564 million to ¥11,636 million, consolidated ordinary income increased by ¥3,568 million to ¥11,723 million, and quarterly net income attributable to owners of the parent increased by ¥1,694 million to ¥6,734 million. Operating income, ordinary income and quarterly net income attributable to owners of the parent for the first half were all record highs.」
Operating revenue and all 4 profit measures increased year on year, while operating income, ordinary income and quarterly net income attributable to owners of the parent reached new record highs for the first half. - FY2022-Q1Shift to year-on-year revenue and profit growthAnnual report
「Consolidated operating revenue increased by ¥11,809 million year on year to ¥68,327 million, consolidated operating income increased by ¥2,358 million to ¥5,565 million, and consolidated ordinary income increased by ¥2,281 million to ¥5,621 million, mainly due to lower interest expenses following a reduction in interest-bearing debt. Quarterly net income attributable to owners of the parent increased by ¥1,201 million to ¥3,237 million.」
From the previous year's decline in revenue and operating income, the Company turned to revenue and profit growth, with operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increasing. - FY2021Setting New Records for ProfitAnnual report
「Consolidated operating revenue increased by ¥12,479 million year on year to ¥253,559 million, consolidated operating income increased by ¥5,852 million to ¥17,661 million, consolidated ordinary income increased by ¥6,709 million to ¥17,240 million, and net income attributable to owners of the parent increased by ¥5,153 million to ¥11,549 million, resulting in a new record high.」
Operating revenue, operating income, ordinary income and profit attributable to owners of the parent all exceeded the previous fiscal year's levels, setting a new record high. - FY2021-Q3Revenue and profit growth continuedAnnual report
「Consolidated operating revenue increased by ¥1,902 million year on year to ¥186,877 million, consolidated operating income increased by ¥3,111 million to ¥13,494 million, consolidated ordinary income increased by ¥3,705 million to ¥13,488 million, and quarterly net income attributable to owners of the parent increased by ¥2,518 million to ¥7,925 million.」
During the first 3 quarters, operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2021-Q2Lower revenue, higher operating income, and record first-half profitAnnual report
「Consolidated operating revenue decreased by ¥4,740 million year on year to ¥118,949 million. However, consolidated operating income increased by ¥1,008 million to ¥8,072 million, consolidated ordinary income increased by ¥1,585 million to ¥8,155 million, and quarterly net income attributable to owners of the parent increased by ¥1,539 million to ¥5,040 million, due mainly to strong handling of logistics for consumer electronics manufacturers amid increased stay-at-home consumption and increased handling of logistics for procuring various raw materials as customers resumed or recovered production activity. Operating income, ordinary income and quarterly net income attributable to owners of the parent for the first half were all record highs.」
Operating revenue declined year on year, while operating income, ordinary income and quarterly net income attributable to owners of the parent increased, making all 3 profit measures for the first half record highs. - FY2021-Q1Infection-related revenue and operating income declines, but higher ordinary and net incomeAnnual report
「Consolidated operating revenue decreased by ¥4,456 million year on year to ¥56,517 million, and consolidated operating income decreased by ¥156 million to ¥3,207 million. Consolidated ordinary income increased by ¥35 million to ¥3,340 million, mainly due to lower interest expenses following a reduction in interest-bearing debt. Quarterly net income attributable to owners of the parent increased by ¥204 million to ¥2,035 million.」
The COVID-19 pandemic caused operating revenue and operating income to decline year on year, while ordinary income and quarterly net income attributable to owners of the parent increased, mainly due to lower interest expenses following a reduction in interest-bearing debt. - FY2020Full-year revenue and profit declined, but profit attributable to owners of the parent increasedAnnual report
「Consolidated operating revenue decreased by ¥772 million year on year to ¥241,080 million, consolidated operating income decreased by ¥178 million to ¥11,808 million, and consolidated ordinary income decreased by ¥556 million to ¥10,531 million. Net income attributable to owners of the parent increased by ¥1,204 million to ¥6,395 million.」
Operating revenue, operating income and ordinary income turned down from the previous fiscal year's full-year revenue and profit growth, while net income attributable to owners of the parent increased. - FY2020-Q3Continued year-on-year revenue and profit growthAnnual report
「Consolidated operating revenue increased by ¥713 million year on year to ¥184,974 million, consolidated operating income increased by ¥110 million to ¥10,383 million, consolidated ordinary income increased by ¥208 million to ¥9,782 million, and quarterly net income attributable to owners of the parent increased by ¥1,136 million to ¥5,407 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2020-Q2Continued year-on-year revenue and profit growthAnnual report
「Against this economic backdrop, the Group's implementation of various measures to fundamentally strengthen business profitability under the Medium-Term Management Plan 2017, the continued high level of cargo handling, including food materials, in the logistics business, increased handling of consumer electronics-related cargo, and increased rental income in the real estate business resulted in consolidated operating revenue increasing by ¥3,030 million year on year to ¥123,690 million, consolidated operating income increasing by ¥880 million to ¥7,063 million, consolidated ordinary income increasing by ¥1,028 million to ¥6,569 million, and quarterly net income attributable to owners of the parent increasing by ¥389 million to ¥3,500 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2020-Q1Continued year-on-year revenue and profit growthAnnual report
「Against this economic backdrop, the Group's implementation of various measures to fundamentally strengthen business profitability under the Medium-Term Management Plan 2017, the commencement of project cargo transportation in the air cargo business, the continued high level of cargo storage, and increased rental income in the real estate business resulted in consolidated operating revenue increasing by ¥1,500 million year on year to ¥60,974 million, consolidated operating income increasing by ¥498 million to ¥3,363 million, consolidated ordinary income increasing by ¥703 million to ¥3,304 million, and quarterly net income attributable to owners of the parent increasing by ¥277 million to ¥1,830 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2019Higher revenue and profit continued for the full yearAnnual report
「Consolidated operating revenue increased by ¥8,609 million year on year to ¥241,852 million, consolidated operating income increased by ¥4,990 million to ¥11,986 million, and consolidated ordinary income increased by ¥4,566 million to ¥11,087 million. Net income attributable to owners of the parent increased by ¥783 million to ¥5,190 million.」
Operating revenue, operating income, ordinary income and profit attributable to owners of the parent all increased year on year, indicating full-year revenue and profit growth. - FY2019-Q3Continued year-on-year revenue and profit growthAnnual report
「Consolidated operating revenue increased by ¥8,474 million year on year to ¥184,261 million, consolidated operating income increased by ¥4,558 million to ¥10,273 million, consolidated ordinary income increased by ¥3,687 million to ¥9,574 million, and quarterly net income attributable to owners of the parent increased by ¥879 million to ¥4,271 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2019-Q2Continued year-on-year revenue and profit growthAnnual report
「Against this economic backdrop, the Group's implementation of various measures to fundamentally strengthen business profitability under the Medium-Term Management Plan 2017, together with strong overall performance in the logistics business, resulted in consolidated operating revenue increasing by ¥5,816 million year on year to ¥120,659 million, consolidated operating income increasing by ¥2,690 million to ¥6,183 million, consolidated ordinary income increasing by ¥1,883 million to ¥5,541 million, and quarterly net income attributable to owners of the parent increasing by ¥1,311 million to ¥3,111 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2019-Q1Continued year-on-year revenue and profit growthAnnual report
「As a result, consolidated operating revenue increased by ¥3,991 million year on year to ¥59,473 million, consolidated operating income increased by ¥1,167 million to ¥2,865 million, consolidated ordinary income increased by ¥477 million to ¥2,601 million, and quarterly net income attributable to owners of the parent increased by ¥408 million to ¥1,553 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2018Revenue and profit growth, with a return to net profitabilityAnnual report
「As a result, consolidated operating revenue increased by ¥7,739 million year on year to ¥233,243 million, consolidated operating income increased by ¥1,173 million to ¥6,996 million, and consolidated ordinary income increased by ¥2,852 million to ¥6,521 million. Net income attributable to owners of the parent increased by ¥27,834 million from the previous fiscal year, when ¥25,478 million in impairment losses on goodwill and property, plant and equipment had been recognized, to ¥4,406 million.」
Operating revenue, operating income and ordinary income increased, and profit attributable to owners of the parent turned from a net loss caused by the massive impairment charge in the previous fiscal year to a profit of ¥4,406 million. - FY2018-Q3Revenue and profit growth continuedAnnual report
「As a result, consolidated operating revenue increased by ¥5,975 million year on year to ¥175,786 million, consolidated operating income increased by ¥1,225 million to ¥5,714 million, and consolidated ordinary income increased by ¥3,271 million to ¥5,887 million, as foreign exchange gains arose because the US dollar declined against the local currencies on dollar-denominated borrowings taken out by overseas subsidiaries from the parent company. Quarterly net income attributable to owners of the parent increased by ¥2,985 million to ¥3,391 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2018-Q2Revenue and profit growth continuedAnnual report
「As a result, consolidated operating revenue increased by ¥3,029 million year on year to ¥114,843 million, consolidated operating income increased by ¥1,159 million to ¥3,492 million, and consolidated ordinary income increased by ¥2,281 million to ¥3,657 million, as foreign exchange gains arose because the US dollar declined against the local currencies on dollar-denominated borrowings taken out by overseas subsidiaries from the parent company. Net income attributable to owners of the parent increased by ¥1,661 million to ¥1,799 million.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, and revenue and profit growth has continued. - FY2018-Q1Lower revenue and operating income, but higher ordinary and net incomeAnnual report
「Consolidated operating revenue decreased by ¥526 million year on year to ¥55,482 million, and consolidated operating income decreased by ¥111 million to ¥1,698 million. Consolidated ordinary income increased by ¥456 million to ¥2,124 million, as foreign exchange gains arose because the US dollar declined against the local currencies on dollar-denominated borrowings taken out by overseas subsidiaries from the parent company. Quarterly net income attributable to owners of the parent increased by ¥540 million to ¥1,144 million.」
Operating revenue and operating income declined year on year, while ordinary income and quarterly net income attributable to owners of the parent increased, mainly due to foreign exchange gains. - FY2017Revenue and operating income growth, but a net loss due to a massive impairment chargeAnnual report
「Consolidated operating revenue increased by ¥12,532 million year on year to ¥225,503 million, consolidated operating income increased by ¥2,535 million to ¥5,823 million, and consolidated ordinary income increased by ¥2,756 million to ¥3,668 million. However, following a careful review of the business plans of subsidiaries acquired through acquisitions, the Company recognized ¥25,478 million in impairment losses on goodwill and property, plant and equipment, including land and buildings, as an extraordinary loss. As a result, net loss attributable to owners of the parent was ¥23,427 million.」
Operating revenue, operating income and ordinary income increased, but the Company reported a net loss attributable to owners of the parent of ¥23,427 million due to impairment losses on assets related to acquisitions. - FY2017-Q3Continued revenue and operating income growth, but lower profit attributable to owners of the parentAnnual report
「As a result, consolidated operating revenue increased by ¥21,035 million year on year to ¥169,810 million, consolidated operating income increased by ¥1,838 million to ¥4,489 million, and consolidated ordinary income was ¥2,615 million, compared with a loss of ¥431 million in the same period of the previous year. Quarterly net income attributable to owners of the parent decreased by ¥15 million year on year to ¥406 million.」
Consolidated operating revenue, operating income and ordinary income improved year on year, while quarterly net income attributable to owners of the parent decreased by ¥15 million, so revenue and profit growth did not extend uniformly across all profit measures. - FY2017-Q2Continued year-on-year revenue and profit growthAnnual report
「As a result, consolidated operating revenue increased by ¥14,069 million year on year to ¥111,813 million, and consolidated operating income increased by ¥936 million to ¥2,333 million. Consolidated ordinary income was ¥1,376 million, compared with a loss of ¥1,270 million in the same period of the previous year. Quarterly net income attributable to owners of the parent was ¥138 million, compared with a loss of ¥1,451 million in the same period of the previous year.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all improved year on year, and revenue and profit growth has continued. - FY2017-Q1Returned to year-on-year revenue and profit growthAnnual report
「As a result, consolidated operating revenue increased by ¥9,565 million year on year to ¥56,009 million, consolidated operating income increased by ¥1,119 million to ¥1,809 million, and consolidated ordinary income increased by ¥1,443 million to ¥1,668 million. Quarterly net income attributable to owners of the parent increased by ¥445 million to ¥603 million.」
In contrast to the decline in profits for the full previous fiscal year, operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year in the current quarter. - FY2016First statedAnnual report
「Consolidated operating revenue increased by ¥42,485 million year on year to ¥212,971 million, while consolidated operating income decreased by ¥2,824 million to ¥3,287 million. Consolidated ordinary income decreased by ¥3,395 million to ¥912 million, partly due to foreign exchange losses resulting from the depreciation of Southeast Asian currencies.」
The earnings structure for the period: revenue increased as acquisitions expanded the Company's scale, while profit declined due to the impact of overseas operations, air cargo and port transportation, among other factors.