Improving profit margins through higher revenue and lower expenses
First written in FY2016. 19 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2027-H1.
Hyoki Kaiun moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 19 of 122 companies on the "Worse" side.
64 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「As a result, for the interim accounting period, the operating results were net sales of ¥7,954 million (up ¥1,308 million year on year, 119.7%), operating profit of ¥234 million (up ¥13 million, 106.1%), ordinary profit of ¥286 million (up ¥27 million, 110.8%), and interim net profit of ¥242 million (up ¥64 million, 135.9%), due in part to the recording of ¥40 million in relocation compensation related to the transfer of the Tokyo Branch and a ¥29 million gain on the sale of the company's vessel “HKL Himekami” as extraordinary income.」
During the interim period, net sales, operating profit, ordinary profit and interim net profit all exceeded the year-earlier levels, resulting in higher revenue and earnings. - FY2026Revenue and profit decline for the full yearAnnual report
「The volume of cargo transported during the fiscal year was 3,569 thousand tonnes, broadly unchanged from the previous fiscal year, up 15 thousand tonnes or 100.4%. However, revenue decreased to ¥13,389 million, down ¥337 million or 97.5%, and ordinary profit decreased to ¥499 million, down ¥118 million or 80.8%.」
Although handled transportation volume was roughly unchanged from the previous fiscal year, net sales and ordinary profit declined, resulting in lower revenue and earnings for the full year against the goal of improving margins through higher sales and cost reductions. - FY2026-H1First-half revenue and profit declinedAnnual report
「As a result, for the interim accounting period, the operating results were net sales of ¥6,646 million (down ¥204 million year on year, 97.0%), operating profit of ¥220 million (down ¥188 million, 53.9%), ordinary profit of ¥258 million (down ¥192 million, 57.3%), and interim net profit of ¥178 million (down ¥130 million, 57.8%).」
During the interim period, net sales, operating profit, ordinary profit and interim net profit all fell below the year-earlier levels, resulting in lower revenue and earnings instead of progress toward expanding sales and improving profitability. - FY2025Lower revenue, but higher operating profit and lower ordinary profitAnnual report
「Net sales declined to ¥13,726 million (down ¥909 million year on year, 93.8%), but the corresponding decline in cost of sales had no impact on operating profit, which rose to ¥548 million (up ¥28 million, 105.4%). Meanwhile, ordinary profit fell to ¥618 million (down ¥60 million, 91.1%), partly because the ¥89 million reversal of the allowance for doubtful accounts recorded as non-operating income in the previous fiscal year was no longer recorded.」
Although changes to the transaction structure reduced sales, lower cost of sales lifted operating profit. Ordinary profit declined due to the absence of the reversal of the allowance for doubtful accounts. - FY2024Lower revenue and operating profit, but higher ordinary profitAnnual report
「Net sales for the fiscal year fell sharply to ¥14,636 million (down ¥3,728 million year on year, 79.7%), due to the special factor of the changes to the transaction structure described above. Operating profit was ¥519 million (down ¥40 million, 92.8%). Meanwhile, ordinary profit increased to ¥678 million (up ¥66 million, 110.9%), mainly because the company recorded ¥89 million in reversals of the allowance for doubtful accounts as non-operating income.」
Although changes to the transaction structure led to lower sales and operating profit, ordinary profit increased due to reversals of the allowance for doubtful accounts and other factors. - FY2024-Q3Consolidated results continued to show lower revenue and profitAnnual report
「As a result, for the first 9 months of the fiscal year, the consolidated operating results were net sales of ¥11,345 million (down 21.4% year on year), operating profit of ¥511 million (down 30.4%), ordinary profit of ¥580 million (down 27.3%), and quarterly net profit attributable to owners of the parent of ¥516 million (down 9.2%).」
Consolidated net sales, operating profit, ordinary profit and quarterly net profit all fell below the year-earlier levels, and the decline in revenue and earnings has continued following the previous year's increases. - FY2024-Q2Consolidated results showed lower revenue and profitAnnual report
「As a result, for the first 6 months of the fiscal year, the consolidated operating results were net sales of ¥7,976 million (down 15.5% year on year), operating profit of ¥349 million (down 33.7%), ordinary profit of ¥391 million (down 32.2%), and quarterly net profit attributable to owners of the parent of ¥271 million (down 33.6%), resulting in lower revenue and earnings.」
Consolidated net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all fell below the year-earlier levels, marking a shift from expanding sales and improving profitability to lower revenue and earnings. - FY2024-Q1Consolidated results showed lower revenue and profitAnnual report
「As a result, for the first quarter of the fiscal year, the consolidated operating results were net sales of ¥4,092 million (down 14.7% year on year), operating profit of ¥208 million (down 25.1%), ordinary profit of ¥253 million (down 21.4%), and quarterly net profit attributable to owners of the parent of ¥176 million (down 21.7%), resulting in lower revenue and earnings.」
Consolidated net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all fell below the year-earlier levels, resulting in lower revenue and earnings. - FY2023AdvancedAnnual report
「Net sales for the fiscal year increased to ¥18,387 million (up ¥2,300 million year on year, 114.3%). Ordinary profit was ¥609 million (up ¥86 million, 116.5%), while net profit attributable to owners of the parent was ¥442 million (up ¥83 million, 123.2%).」
Consolidated net sales, ordinary profit and net profit all exceeded the previous fiscal year's levels, indicating progress toward expanding sales and improving profitability. - FY2023-Q3AdvancedAnnual report
「As a result, for the first 9 months of the fiscal year, the consolidated operating results were net sales of ¥14,437 million (up 24.3% year on year), operating profit of ¥734 million (up 72.4%), ordinary profit of ¥798 million (up 74.3%), and quarterly net profit attributable to owners of the parent of ¥568 million (up 81.8%).」
Consolidated net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the year-earlier levels, and progress was made in expanding sales and improving profitability. - FY2023-Q2AdvancedAnnual report
「As a result, for the first 6 months of the fiscal year, the consolidated operating results were net sales of ¥9,437 million (up 29.7% year on year), operating profit of ¥527 million (up 126.8%), ordinary profit of ¥577 million (up 131.8%), and quarterly net profit attributable to owners of the parent of ¥408 million (up 143.6%).」
Consolidated net sales, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier levels, indicating progress toward expanding sales and improving profitability. - FY2023-Q1AdvancedAnnual report
「As a result, for the first quarter of the fiscal year, the consolidated operating results were net sales of ¥4,800 million (up 35.3% year on year), operating profit of ¥278 million (up 154.6%), ordinary profit of ¥321 million (up 159.1%), and quarterly net profit attributable to owners of the parent of ¥224 million (up 160.9%), resulting in higher revenue and earnings.」
Consolidated net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the year-earlier levels, resulting in higher revenue and earnings. - FY2022AdvancedAnnual report
「During the period, handled transportation volume increased to 3.984 million tonnes (up 650 thousand tonnes year on year, 119.5%), while net sales rose to ¥16,087 million (up ¥3,086 million, 123.7%). Ordinary profit also increased to ¥523 million (up ¥313 million, 249.5%).」
Higher handled transportation volume and net sales lifted ordinary profit to ¥523 million, indicating progress toward expanding sales and improving profitability. - FY2022-Q3AdvancedAnnual report
「As a result, for the first 9 months of the fiscal year, net sales were ¥11,618 million (up 20.3% year on year), operating profit was ¥426 million (up 174.8%), ordinary profit was ¥457 million (up 149.4%), and quarterly net profit attributable to owners of the parent was ¥312 million (down 1.4%).」
Consolidated net sales, operating profit and ordinary profit exceeded the year-earlier levels, indicating improved profitability in the core business. Meanwhile, quarterly net profit attributable to owners of the parent fell 1.4% year on year. - FY2022-Q2AdvancedAnnual report
「As a result, for the first 6 months of the fiscal year, net sales were ¥7,279 million (up 13.5% year on year), operating profit was ¥232 million (up 189.2%), ordinary profit was ¥249 million (up 149.7%), and quarterly net profit attributable to owners of the parent was ¥167 million (down 35.0%).」
Consolidated net sales, operating profit and ordinary profit exceeded the year-earlier levels, with operating profit up 189.2%. Meanwhile, quarterly net profit attributable to owners of the parent fell 35.0%, mainly due to the absence of the gain on the sale of fixed assets recorded in the previous year. - FY2022-Q1AdvancedAnnual report
「As a result, for the first quarter of the fiscal year, the consolidated operating results were net sales of ¥3,547 million (up 10.2% year on year), operating profit of ¥109 million (up 610.6%), ordinary profit of ¥124 million (up 279.2%), and quarterly net profit attributable to owners of the parent of ¥86 million (up 296.2%), resulting in higher revenue and earnings.」
Consolidated revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the same period of the previous year, resulting in higher revenue and earnings. - FY2021Full-year deterioration in consolidated profitability became evidentAnnual report
「During the period, handled transportation volume fell to 3.333 million tonnes (down 258 thousand tonnes year on year, 92.8%), while net sales declined to ¥13,001 million (down ¥981 million, 93.0%). Profitability also deteriorated due to smaller transportation lots and other factors, resulting in ordinary profit of ¥209 million (down ¥109 million, 65.8%) and a challenging performance.」
Handled volume, net sales and ordinary profit were below the previous fiscal year's levels, indicating a full-year deterioration in the core business's profitability against the goal of improving margins through higher sales and cost reductions. - FY2021-Q3Lower revenue and profit in the core consolidated business continuedAnnual report
「As a result, for the first nine months of the current consolidated cumulative period, revenue was ¥9,657 million, down 9.4% year on year, operating profit was ¥155 million, down 47.4%, and ordinary profit was ¥183 million, down 46.4%. However, because a gain of ¥269 million on the sale of fixed assets was recorded as extraordinary income, net income attributable to owners of the parent increased to ¥317 million, up 33.8%.」
Consolidated net sales, operating profit and ordinary profit were below the year-earlier levels, and the declines in revenue and earnings continued. Meanwhile, quarterly net profit attributable to owners of the parent rose 33.8% year on year, due to a ¥269 million gain on the sale of fixed assets. - FY2021-Q2Consolidated results continued to show lower revenue and profitAnnual report
「As a result, for the first six months of the current consolidated cumulative period, revenue was ¥6,414 million, down 10.1% year on year, operating profit was ¥80 million, down 64.5%, and ordinary profit was ¥99 million, down 62.3%. However, because a gain of ¥269 million on the sale of fixed assets was recorded as extraordinary income, net income attributable to owners of the parent increased to ¥258 million, up 41.2%.」
Although net income attributable to owners of the parent increased due to a gain on the sale of fixed assets, revenue, operating profit and ordinary profit all fell below the levels of the same period of the previous year, and deterioration in the core consolidated business continued against the goal of improving profit margins. - FY2021-Q1Consolidated results showed substantially lower revenue and profitAnnual report
「As a result, for the first quarter of the current consolidated cumulative period, revenue was ¥3,220 million, down 13.4% year on year, operating profit was ¥15 million, down 89.5%, ordinary profit was ¥32 million, down 81.7%, and net income attributable to owners of the parent was ¥21 million, down 82.7%.」
Consolidated revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all fell below the levels of the same period of the previous year, indicating deterioration in performance against the goal of improving profit margins. - FY2020-Q3Consolidated results continued to show lower revenue and profitAnnual report
「As a result, for the first nine months of the current consolidated cumulative period, revenue was ¥10,659 million, down 2.5% year on year, operating profit was ¥294 million, down 28.2%, ordinary profit was ¥342 million, down 23.8%, and net income attributable to owners of the parent was ¥237 million, down 23.7%.」
For the first 3 quarters, sales, operating profit, ordinary profit and profit attributable to owners of the parent were all below the levels of the same period of the previous year. - FY2020-Q2Consolidated results showed lower revenue and profitAnnual report
「As a result, for the first six months of the current consolidated cumulative period, revenue was ¥7,138 million, down 0.6% year on year, operating profit was ¥226 million, down 10.8%, ordinary profit was ¥264 million, down 6.5%, and net income attributable to owners of the parent was ¥182 million, down 6.4%.」
Revenue declined 0.6% year on year, and operating profit, ordinary profit and quarterly net income attributable to owners of the parent also fell below the levels of the same period of the previous year, resulting in lower revenue and profit. - FY2020-Q1Consolidated results showed higher revenue but lower profitAnnual report
「As a result, for the first quarter of the current consolidated cumulative period, revenue was ¥3,717 million, up 1.3% year on year, operating profit was ¥146 million, down 10.8%, ordinary profit was ¥179 million, down 5.0%, and net income attributable to owners of the parent was ¥125 million, down 3.8%.」
Although consolidated revenue increased 1.3% year on year, operating profit, ordinary profit and quarterly net income all declined. - FY2019-Q3AdvancedAnnual report
「As a result, for the first nine months of the current consolidated cumulative period, revenue was ¥10,938 million, up 8.3% year on year, operating profit was ¥410 million, up 30.2%, ordinary profit was ¥449 million, up 31.9%, and net income attributable to owners of the parent was ¥310 million, up 33.5%.」
For the cumulative third quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the corresponding figures for the same period of the previous year. - FY2019-Q2AdvancedAnnual report
「As a result, for the first six months of the current consolidated cumulative period, revenue was ¥7,180 million, up 9.0% year on year, operating profit was ¥254 million, up 49.1%, ordinary profit was ¥282 million, up 55.2%, and net income attributable to owners of the parent was ¥195 million, up 53.6%.」
For the cumulative second quarter, revenue, operating profit, ordinary profit and quarterly profit attributable to owners of the parent all exceeded the same period of the previous year. - FY2019-Q1AdvancedAnnual report
「As a result, for the first quarter of the current consolidated cumulative period, revenue was ¥3,668 million, up 10.8% year on year, operating profit was ¥164 million, up 75.8%, ordinary profit was ¥188 million, up 80.3%, and net income attributable to owners of the parent was ¥130 million, up 82.1%.」
Consolidated revenue increased 10.8% year on year, while operating profit, ordinary profit and quarterly net income all exceeded the levels of the same period of the previous year. - FY2018AdvancedAnnual report
「Handling volume in the consolidated fiscal year increased to 3,601 thousand tonnes, up 151 thousand tonnes or 104.4% year on year, resulting in higher revenue of ¥13,387 million, up ¥916 million or 107.3% year on year. Although costs including fuel oil and administrative expenses increased, the higher revenue absorbed these increases, resulting in ordinary profit of ¥367 million, up ¥171 million or 187.1% year on year. Net income attributable to owners of the parent also increased to ¥307 million, up ¥154 million or 200.5% year on year.」
Higher handling volume and revenue absorbed the increase in costs, and consolidated revenue, ordinary profit and net income exceeded the previous year's levels. - FY2018-Q3AdvancedAnnual report
「In the port operations business, handling volume for imported cargo, particularly food products, recovered as personal consumption entered a gradual recovery trend. Handling volume for machinery in export cargo also remained solid, supported by stable exchange rates amid the yen's depreciation. As a result, revenue increased to ¥3,297 million, up 9.2% year on year, while efforts to reduce logistics costs resulted in operating profit of ¥91 million, up 74.6% year on year.」
In addition to the recovery in handling volume for imported and exported cargo, lower logistics costs resulted in a 9.2% increase in revenue and a 74.6% increase in operating profit in the port operations business. - FY2018-Q2AdvancedAnnual report
「As a result, revenue also increased to ¥2,163 million, up 8.8% year on year, while lower administrative expenses also contributed to an increase in operating profit to ¥61 million, up 104.5% year on year.」
In the port operations business, higher handling volume and lower administrative expenses resulted in increases of 8.8% in revenue and 104.5% in operating profit. - FY2018-Q1AdvancedAnnual report
「In the port operations business, handling volumes for both imports and exports increased only slightly, in line with personal consumption, which continued to recover despite lacking strength. However, reductions in transportation and administrative costs resulted in revenue of ¥1,070 million, up 5.3% year on year, and operating profit of ¥32 million, up 196.2%.」
Lower transportation costs and administrative expenses resulted in higher revenue in the port operations business and a 196.2% year-on-year increase in operating profit. - FY2017RestatedAnnual report
「We intend to improve profitability through a thorough focus on costs and expand the scale of our operations.」
The company continues to pursue a policy of improving profitability through revenue growth and cost reductions. At the same time, the disclosure notes lower revenue and operating losses in the port operations and warehouse businesses. - FY2017-Q3AdvancedAnnual report
「In the port operations business, handling volume for imported cargo, the company's core business, failed to recover due to sharp exchange-rate fluctuations and sluggish domestic consumption. Export cargo also remained sluggish amid the economic slowdown in China, a major export destination. As a result, revenue declined to ¥3,020 million, down 14.1% year on year, but efforts to reduce logistics costs and administrative expenses resulted in operating profit of ¥52 million, up 9.9% year on year.」
Although revenue declined 14.1% year on year, lower logistics costs and administrative expenses resulted in a 9.9% year-on-year increase in operating profit. - FY2017-Q2AdvancedAnnual report
「We also worked to reduce logistics and administrative costs, resulting in operating profit of ¥30 million, up 2.3% year on year.」
Although revenue in the port operations business declined, lower logistics costs and administrative expenses resulted in a 2.3% year-on-year increase in operating profit. - FY2017-Q1AdvancedAnnual report
「In the port operations business, revenue from both imports and exports declined amid sharp exchange-rate fluctuations and sluggish domestic consumption. However, reductions in administrative expenses resulted in revenue of ¥1,016 million, down 11.2% year on year, and operating profit of ¥11 million, up 120.9%.」
Although revenue declined, lower administrative expenses drove a 120.9% year-on-year increase in operating profit in the port operations business. - FY2016First statedAnnual report
「We aim to improve profit margins through higher revenue and lower expenses.」
The company has set out a policy of improving profit margins through a combination of revenue growth and cost reductions.