Strengthening Earnings Management
First written in FY2016. 20 of 36 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2025: 19 of 116 companies on the "Worse" side.
59 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Our basic policy on shareholder returns is to pay stable and consistent dividends by strengthening our business foundation and financial position. We consider it important to maintain stable corporate activities in order to realize the happiness of employees, business partners and other stakeholders and to provide shareholder returns, and view the sustained generation of ordinary profit as a management objective. To achieve this objective, we will increase customer satisfaction through the provision of high-quality services and work to improve competitiveness. We will also secure profits by improving unnecessary operations and enhancing efficiency.」
The company reiterated its policy of targeting the generation of ordinary profit and using service quality, customer satisfaction, improvements to unnecessary operations and greater efficiency as the means of achieving it. Ordinary profit for the fiscal year ending March 2026 was ¥2,667.768 million. - FY2026-H1AdvancedAnnual report
「As a result, revenue for the current interim consolidated accounting period was ¥16,298 million, up 1.6% from the previous year. Operating profit was ¥495 million, compared with ¥32 million in the previous year, ordinary profit was ¥563 million, up 396.1%, and interim net profit attributable to owners of the parent was ¥3 million, compared with an interim net loss attributable to owners of the parent of ¥389 million in the previous year.」
Company-wide operating profit and ordinary profit exceeded the previous year, and interim net profit attributable to owners of the parent also turned from a loss of ¥389 million into a profit of ¥3 million. - FY2025AdvancedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥38,943 million, down 1.7% from the previous year. Operating profit was ¥1,928 million, up 25.5%, ordinary profit was ¥2,056 million, up 25.7%, and net profit attributable to owners of the parent was ¥1,174 million, up 36.8%.」
Revenue declined, while operating profit, ordinary profit and net profit attributable to owners of the parent exceeded the previous year, indicating quantitative improvement in earnings management. - FY2025-H1AdvancedAnnual report
「As a result, revenue for the current interim consolidated accounting period was ¥16,048 million, down 1.3% from the previous year. Operating profit was ¥32 million, compared with an operating loss of ¥8 million in the previous year, ordinary profit was ¥113 million, up 172.8%, and the interim net loss attributable to owners of the parent was ¥389 million, compared with an interim net loss attributable to owners of the parent of ¥422 million in the previous year.」
Revenue declined, but operating profit turned from a loss into a profit, ordinary profit increased, and the interim net loss attributable to owners of the parent narrowed. - FY2024-Q3AdvancedAnnual report
「As a result, revenue from this business was ¥16,672 million (down 2.8% year on year), while segment profit was ¥1,651 million (up 4.2% year on year), owing to lower outsourcing costs, among other factors.」
Lower outsourcing costs, among other specific factors, brought segment profit in the logistics business to ¥1,651 million, up 4.2% year on year. - FY2024-Q2AdvancedAnnual report
「As a result, revenue from this business was ¥10,919 million (down 3.3% year on year), while segment profit was ¥1,147 million (up 10.0% year on year), owing to lower outsourcing costs, among other factors.」
Lower outsourcing costs and other factors brought segment profit in the logistics business to ¥1,147 million, up 10.0% year on year. - FY2024-Q1AdvancedAnnual report
「As a result, revenue from this business was ¥5,431 million (down 3.9% year on year), while segment profit was ¥577 million (up 5.5% year on year), owing to lower outsourcing costs, among other factors.」
Lower outsourcing costs and other factors brought segment profit in the logistics business to ¥577 million, up 5.5% year on year. - FY2023Full-year profit declined year on yearAnnual report
「Revenue was ¥41,091 million, down 1.0% year on year, operating profit was ¥1,676 million, down 15.5%, ordinary profit was ¥1,872 million, down 13.3%, and net profit attributable to owners of the parent was ¥997 million, down 21.1%.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all fell below the previous year's levels. - FY2023-Q3Consolidated profit continued to decline year on yearAnnual report
「As a result, revenue for the third quarter of the current consolidated cumulative period was ¥32,470 million, down 0.3% from the same quarter of the previous year, operating profit was ¥1,633 million, down 17.9%, ordinary profit was ¥1,780 million, down 17.1%, and net profit attributable to owners of the parent was ¥1,015 million, down 22.3%.」
Revenue edged down, while operating profit, ordinary profit and net profit attributable to owners of the parent were all below the same period of the previous year. - FY2023-Q2Operating loss, lower ordinary profit and wider net lossAnnual report
「As a result, revenue for the second quarter of the current consolidated cumulative period was ¥16,868 million, up 0.4% from the same quarter of the previous year. The operating loss was ¥47 million, compared with operating profit of ¥237 million in the same quarter of the previous year, ordinary profit was ¥70 million, down 81.0%, and the net loss attributable to owners of the parent was ¥328 million, compared with a net loss attributable to owners of the parent of ¥259 million.」
Revenue increased 0.4% year on year, while operating profit turned into a loss, ordinary profit declined, and the net loss attributable to owners of the parent widened. - FY2023-Q1Decline in Quarterly ProfitAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥8,428 million, down 0.5% from the same quarter of the previous year. Operating profit was ¥109 million, down 58.2%, ordinary profit was ¥207 million, down 46.2%, and net profit attributable to owners of the parent was ¥10 million, down 72.4%.」
Revenue declined 0.5% year on year, while operating profit, ordinary profit and net profit attributable to owners of the parent were also below the same period of the previous year, indicating deterioration in the earnings level from an earnings-management perspective. - FY2022AdvancedAnnual report
「We consider it important to maintain stable corporate activities and view the sustained generation of ordinary profit as a management objective. To achieve this objective, we will secure profits by increasing customer satisfaction through the provision of high-quality services, working to improve competitiveness, and improving unnecessary operations to enhance efficiency.」
The company reported ordinary profit of ¥2,160.216 million and demonstrated a policy and track record of securing profits through higher customer satisfaction, improvements to unnecessary operations and greater efficiency. - FY2022-Q3AdvancedAnnual report
「As a result, revenue for the third quarter of the current consolidated cumulative period was ¥32,553 million, up 5.3% from the same quarter of the previous year. Operating profit was ¥1,989 million, up 139.1%, ordinary profit was ¥2,148 million, up 89.4%, and net profit attributable to owners of the parent was ¥1,306 million, up 125.9%.」
For the cumulative third quarter, operating profit, ordinary profit and net profit attributable to owners of the parent were all well above the same period of the previous year, indicating a quantitative improvement in earnings. - FY2022-Q2AdvancedAnnual report
「As a result, revenue for the second quarter of the current consolidated cumulative period was ¥16,801 million, up 15.7% from the same quarter of the previous year. Operating profit was ¥237 million, compared with an operating loss of ¥1,170 million, ordinary profit was ¥370 million, compared with an ordinary loss of ¥928 million, and the net loss attributable to owners of the parent was ¥259 million, compared with a net loss attributable to owners of the parent of ¥749 million.」
Consolidated operating profit and ordinary profit turned from losses in the previous year’s corresponding period into profits, while the net loss also narrowed, indicating a quantitative improvement in earnings. - FY2022-Q1AdvancedAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥8,472 million, up 19.9% from the same quarter of the previous year. Operating profit was ¥260 million, compared with an operating loss of ¥601 million, ordinary profit was ¥385 million, compared with an ordinary loss of ¥379 million, and net profit attributable to owners of the parent was ¥39 million, compared with a net loss attributable to owners of the parent of ¥367 million.」
Operating profit and ordinary profit turned from losses in the previous year’s corresponding period into profits, and net profit attributable to owners of the parent also returned to profitability. - FY2021-Q3Year-on-year decline in consolidated earningsAnnual report
「As a result, for the nine months ended the third quarter, revenue was ¥30,914 million (down 14.6% year on year), operating profit was ¥832 million (down 58.4% year on year), ordinary profit was ¥1,134 million (down 45.4% year on year), and net income attributable to owners of the parent was ¥578 million (down 51.2% year on year).」
Although the company remained profitable, operating profit, ordinary profit and net profit attributable to owners of the parent declined year on year. - FY2021-Q2Expansion of operating and ordinary lossesAnnual report
「As a result, revenue for the second quarter of the current consolidated cumulative period was ¥14,518 million, down 22.5% from the same quarter of the previous year. The operating loss was ¥1,170 million, compared with operating profit of ¥86 million in the same quarter of the previous year, the ordinary loss was ¥928 million, compared with ordinary profit of ¥142 million, and the net loss attributable to owners of the parent was ¥749 million, compared with a net loss attributable to owners of the parent of ¥1 million.」
Operating profit and ordinary profit turned from profits in the previous year’s corresponding period into losses of ¥1,170 million and ¥928 million, respectively, while the net loss attributable to owners of the parent widened from ¥1 million to ¥749 million. - FY2021-Q1Quarterly operating and ordinary profit turned into lossesAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥7,064 million, down 24.7% from the same quarter of the previous year. The operating loss was ¥601 million, compared with operating profit of ¥120 million in the same quarter of the previous year, the ordinary loss was ¥379 million, compared with ordinary profit of ¥171 million, and the net loss attributable to owners of the parent was ¥367 million, compared with net profit attributable to owners of the parent of ¥37 million.」
Revenue declined, and operating profit, ordinary profit and net profit attributable to owners of the parent all turned into losses. - FY2020ReframedAnnual report
「Our basic policy on shareholder returns is to pay stable and consistent dividends, based on strengthening our business foundation and financial position. We consider it important to maintain stable corporate activities and view the sustained generation of ordinary profit as a management objective. To achieve this objective, we will secure profits by increasing customer satisfaction through the provision of high-quality services, working to improve competitiveness, and improving unnecessary operations to enhance efficiency.」
The company has explicitly set the sustained generation of ordinary profit as its objective, rather than focusing solely on conventional earnings and cost management, and has identified higher customer satisfaction, the improvement of unnecessary operations and greater efficiency as the means of achieving it. - FY2020-Q3AdvancedAnnual report
「As a result, revenue from this business was ¥16,915 million, down 0.3% from the same quarter of the previous year, and segment profit was ¥1,300 million, up 25.8%, owing to a reduced depreciation burden due to the age of the assets, lower outsourcing costs resulting from the efficient use of company-owned machinery and vehicles, lower retirement benefit expenses associated with the transition to a new retirement benefit plan, and other factors.」
Lower depreciation expenses, the efficient use of company-owned machinery and vehicles, lower retirement benefit expenses and other factors brought segment profit in the logistics business to ¥1,300 million, up 25.8% year on year. - FY2020-Q2AdvancedAnnual report
「Segment profit was ¥900 million, up 42.1% from the same quarter of the previous year, owing to lower outsourcing costs resulting from the efficient use of company-owned machinery, vehicles and other assets, lower retirement benefit expenses associated with the transition to a new retirement benefit plan, and other factors.」
Lower outsourcing costs resulting from the efficient use of company-owned machinery, vehicles and other assets, among other factors, brought segment profit in the logistics business to ¥900 million, up 42.1% year on year. - FY2020-Q1AdvancedAnnual report
「As a result, revenue from this business was ¥5,694 million, up 3.3% from the same quarter of the previous year, and segment profit was ¥472 million, up 32.1%, owing to lower outsourcing costs from the efficient use of machinery and transportation equipment owned by the company, lower retirement benefit expenses associated with the transition to a new retirement benefit plan, and other factors.」
Lower outsourcing costs resulting from the efficient use of company-owned machinery and transportation equipment, among other factors, brought segment profit in the logistics business to ¥472 million, up 32.1% year on year. - FY2019ReframedAnnual report
「Amid a declining workforce and advancing technological innovation, we consider reducing inefficient work and shifting to efficient workflows to be essential to continuing the business, and are examining the introduction of a core system and the necessity of each individual operation.」
The focus has broadened from earnings management through conventional information systems investment and profitability management to workflow efficiency in response to a declining workforce and technological innovation, as well as consideration of introducing a core system. - FY2019-Q3Year-on-year decline in consolidated earningsAnnual report
「As a result, revenue for the third quarter of the current consolidated cumulative period was ¥36,599 million, down 1.4% from the same quarter of the previous year. Operating profit was ¥1,819 million, down 14.8%, ordinary profit was ¥1,830 million, down 14.8%, and net profit attributable to owners of the parent was ¥881 million, down 26.0%.」
Revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all declined year on year. - FY2019-Q2Decline in Quarterly ProfitAnnual report
「As a result, revenue for the second quarter of the current consolidated cumulative period was ¥18,637 million, down 3.7% from the same quarter of the previous year. The operating loss was ¥215 million, compared with operating profit of ¥74 million in the same quarter of the previous year, and the ordinary loss was ¥211 million, compared with ordinary profit of ¥66 million. In addition, the company recorded an extraordinary loss of ¥180 million due to the impact of changing its retirement benefit plan, resulting in a net loss attributable to owners of the parent of ¥396 million, compared with a net loss attributable to owners of the parent of ¥99 million in the same quarter of the previous year.」
Revenue declined, operating profit and ordinary profit turned into losses, and the net loss attributable to owners of the parent widened with the addition of an extraordinary loss associated with the change in the retirement benefit plan. - FY2019-Q1Decline in Quarterly ProfitAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥9,383 million, down 3.2% from the same quarter of the previous year. Operating profit was ¥66 million, down 70.8%, ordinary profit was ¥87 million, down 62.1%, and the net loss attributable to owners of the parent was ¥44 million, compared with net profit attributable to owners of the parent of ¥47 million in the same quarter of the previous year.」
Revenue, operating profit and ordinary profit were below the same quarter of the previous year, and net profit attributable to owners of the parent turned into a loss of ¥44 million. - FY2018RestatedAnnual report
「We will invest in information systems to simplify and improve the efficiency of operations, while further strengthening cost management by subdividing profitability management.」
The company has reiterated its policy of strengthening earnings management through investment in information systems, improved operational efficiency and more granular profitability management. In terms of results, segment profit in the logistics business declined 9.1% year on year owing to higher personnel expenses and depreciation expense. - FY2018-Q3Decline in segment profitAnnual report
「As a result, revenue from this business was ¥17,511 million, up 10.4% from the same quarter of the previous year, while segment profit was ¥1,121 million, down 6.5%, owing to higher fuel costs, personnel expenses and depreciation expense resulting from capital investment.」
In the logistics business, revenue increased, but segment profit declined 6.5% year on year owing to higher fuel costs, personnel expenses and depreciation expense. - FY2018-Q2AdvancedAnnual report
「As a result, revenue from this business was ¥11,512 million, up 11.9% from the same quarter of the previous year, and segment profit was ¥807 million, up 9.3%, with lower repair expenses in the warehousing division also contributing.」
Lower repair expenses in the warehousing division also contributed, bringing segment profit in the logistics business to ¥807 million, up 9.3% year on year. Company-wide operating profit also turned from an operating loss of ¥21 million in the previous year’s corresponding period to operating profit of ¥74 million. - FY2018-Q1AdvancedAnnual report
「As a result, revenue from this business was ¥5,751 million, up 12.1% from the same quarter of the previous year, and segment profit was ¥473 million, up 30.1%, with lower repair expenses in the warehousing division also contributing.」
In the logistics business, lower repair expenses in the warehousing division contributed to segment profit of ¥473 million, up 30.1% year on year. - FY2017AdvancedAnnual report
「Operating profit increased by ¥422 million from the previous consolidated fiscal year to ¥2,102 million, up 25.2% year on year. This was mainly because gross profit increased by ¥242 million as a result of lower repair expenses included in cost of sales and lower costs from a review of expenses and other measures, while selling, general and administrative expenses decreased by ¥180 million owing to lower personnel expenses and other factors.」
The decline in repair expenses, other expenses and personnel expenses resulted in operating profit of ¥2,102 million, up 25.2% year on year, representing a concrete improvement in earnings. - FY2017-Q3AdvancedAnnual report
「③ Printing business In this business, revenue from New Year’s card printing increased due to higher sales of package products and new businesses. However, orders for wedding printing declined, and newspaper printing rates were revised. As a result, revenue was ¥17,958 million, down 3.6% from the same quarter of the previous year. Segment profit was ¥1,282 million, up 26.6%, owing to lower costs resulting from reduced repair expenses and a review of expenses.」
Lower costs resulting from a review of expenses and other measures led to a concrete improvement in earnings in the printing business, with segment profit of ¥1,282 million, up 26.6% year on year. - FY2016First statedAnnual report
「(4) Strengthening earnings management We will invest in information systems to simplify and improve the efficiency of operations, while further strengthening cost management by subdividing profitability management.」
The company is pursuing earnings management through investment in information systems, improved operational efficiency and more granular profitability management.