Early elimination of accumulated losses and securing stable profits every fiscal year
First written in FY2016. 24 of 41 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-12.
The whole theme swung hardest in 2020: 13 of 60 companies on the "Worse" side.
25 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, operating revenue increased ¥539.294 million, or 6.2%, year on year to ¥9,211.685 million. Operating profit increased ¥103.765 million, or 42.6%, to ¥347.338 million. Ordinary profit increased ¥117.158 million, or 36.1%, to ¥441.387 million. Net income increased ¥65.153 million, or 24.2%, to ¥334.697 million.」
Operating revenue, operating profit, ordinary profit and net profit all exceeded the previous period, indicating progress in the figures toward securing stable earnings. - FY2026-H1AdvancedAnnual report
「We worked to acquire new customers and deepen business with existing customers, and conducted sales activities aimed at securing additional orders for integrated international transportation services. Despite the weaker yen, firm orders for import cargo helped increase operating revenue and operating profit. As a result, operating revenue for the interim accounting period amounted to ¥4,474.653 million, an increase of ¥161.377 million, or 3.7%, from the same interim period of the previous year. Operating profit was ¥194.962 million, an increase of ¥43.941 million, or 29.1%, while ordinary profit was ¥254.315 million, an increase of ¥53.570 million, or 26.7%. Interim net profit was ¥175.788 million, a decrease of ¥11.569 million, or 6.2%.」
Efforts to acquire new customers, deepen business with existing customers and secure orders for integrated international transportation services led to increases of 3.7% in operating revenue, 29.1% in operating profit and 26.7% in ordinary profit. On the other hand, interim net profit declined 6.2% because there were no gains on the sale of investment securities, and there is no statement that overall earnings improved in one direction. - FY2025AdvancedAnnual report
「As a result, operating revenue for the year was ¥8,672.391 million, up ¥580.501 million, or 7.2%, from the previous period. Operating profit was ¥243.572 million, up ¥48.987 million, or 25.2%. Ordinary profit was ¥324.229 million, up ¥59.524 million, or 22.5%.」
Operating revenue, operating profit and ordinary profit exceeded the previous period, indicating progress in the figures toward securing stable earnings. On the other hand, net profit declined 7.6% from the previous period, and there is no statement that overall earnings improved in one direction. - FY2025-H1AdvancedAnnual report
「We worked to acquire new customers and deepen business with existing customers, and conducted sales activities aimed at securing additional orders for integrated international transportation services. Despite the weaker yen, firm orders for import cargo helped increase operating revenue and operating profit. As a result, operating revenue for the interim accounting period amounted to ¥4,313.276 million, an increase of ¥284.726 million, or 7.1%, from the same interim period of the previous year. Operating profit was ¥151.021 million, an increase of ¥37.988 million, or 33.6%, while ordinary profit was ¥200.745 million, an increase of ¥54.884 million, or 37.6%. Interim net profit was ¥187.357 million, a decrease of ¥32.605 million, or 14.8%.」
Efforts to acquire new customers, deepen business with existing customers and secure orders for integrated international transportation services led to increases of 7.1% in operating revenue, 33.6% in operating profit and 37.6% in ordinary profit. Interim net profit declined 14.8% due to a decrease in gains on the sale of investment securities and other factors, and there is no statement that overall earnings improved in one direction. - FY2024AdvancedAnnual report
「Against this backdrop, we worked to acquire new customers and deepen business with existing customers, and conducted sales activities aimed at securing additional orders for integrated international transportation services. However, affected by lower ocean freight rates, inventory adjustments and the end of COVID-19-related demand amid the weaker yen, the movement of import cargo remained sluggish. Nevertheless, promoting more efficient administrative processing and seeking to reduce various expenses lifted profit levels. As a result, operating revenue for the year was ¥8,091.889 million, down ¥838.671 million, or 9.4%, from the previous period. Operating profit was ¥194.584 million, up ¥30.832 million, or 18.8%. Ordinary profit was ¥264.705 million, up ¥36.055 million, or 15.8%. Net profit was ¥291.701 million, up ¥72.032 million, or 32.8%.」
Operating revenue declined 9.4%, while operating profit, ordinary profit and net profit increased 18.8%, 15.8% and 32.8%, respectively, due to more efficient administrative processing and reductions in various expenses. The figures show progress toward securing stable earnings, but there is no statement that the previous target of operating profit of at least ¥200 million was achieved. - FY2024-Q3WorsenedAnnual report
「We worked to acquire new customers and deepen business with existing customers, and conducted sales activities aimed at securing additional orders for integrated international transportation services. However, affected by lower ocean freight rates, inventory adjustments and the end of COVID-19-related demand amid the weaker yen, the movement of import cargo remained sluggish, resulting in declines in both operating revenue and operating profit. As a result, operating revenue for the cumulative third quarter amounted to ¥6,121.037 million, a decrease of ¥901.405 million, or 12.8%, from the same period of the previous year. Operating profit was ¥147.670 million, a decrease of ¥25.929 million, or 14.9%. Ordinary profit was ¥214.953 million, a decrease of ¥16.257 million, or 7.0%. Quarterly net profit was ¥261.104 million, an increase of ¥80.730 million, or 44.8%.」
Operating revenue, operating profit and ordinary profit declined year on year due to sluggish movement of import cargo and other factors, worsening results at the operating and ordinary profit levels toward securing stable earnings. On the other hand, quarterly net profit increased, partly due to gains on the sale of investment securities and other factors. - FY2024-Q2AdvancedAnnual report
「We worked to acquire new customers and deepen business with existing customers, and conducted sales activities aimed at securing additional orders for integrated international transportation services. However, affected by lower ocean freight rates, inventory adjustments and the end of COVID-19-related demand amid the weaker yen, the movement of import cargo remained sluggish and operating revenue declined. Nevertheless, efforts to reduce costs through more efficient administrative processing resulted in an increase in operating profit. As a result, operating revenue for the cumulative second quarter amounted to ¥4,028.549 million, a decrease of ¥667.836 million, or 14.2%, from the same period of the previous year. Operating profit was ¥113.033 million, an increase of ¥19.989 million, or 21.5%, while ordinary profit was ¥145.860 million, an increase of ¥38.486 million, or 35.8%. Quarterly net profit was ¥219.963 million, an increase of ¥146.051 million, or 197.6%.」
Operating revenue declined 14.2% due to sluggish movement of import cargo, while operating profit and ordinary profit increased 21.5% and 35.8%, respectively, driven by cost reductions through more efficient administrative processing and other measures. Quarterly net profit also increased 197.6%, indicating progress in the figures toward securing stable earnings. However, there is no statement that the target of operating profit of at least ¥200 million was achieved. - FY2024-Q1AdvancedAnnual report
「We worked to acquire new customers and deepen business with existing customers, and conducted sales activities aimed at securing additional orders for integrated international transportation services. However, affected by lower ocean freight rates, inventory adjustments and the end of COVID-19-related demand amid the weaker yen, the movement of import cargo remained sluggish and operating revenue declined. Nevertheless, efforts to reduce costs through more efficient administrative processing resulted in a slight increase in operating profit. As a result, operating revenue for the cumulative first quarter amounted to ¥1,938.642 million, a decrease of ¥289.780 million, or 13.0%, from the same period of the previous year. Operating profit was ¥62.293 million, an increase of ¥6.475 million, or 11.6%. Ordinary profit was ¥91.969 million, an increase of ¥18.482 million, or 25.2%. Quarterly net profit was ¥128.720 million, an increase of ¥83.041 million, or 181.8%.」
Operating revenue declined 13.0% due to sluggish movement of import cargo, while operating profit and ordinary profit increased 11.6% and 25.2%, respectively, driven by cost reductions through more efficient administrative processing and other measures. Quarterly net profit increased 181.8%, partly due to the recognition of a ¥96.470 million gain on the sale of investment securities, indicating progress in operating and ordinary profit toward securing stable earnings. - FY2023WorsenedAnnual report
「Operating profit was ¥163.752 million, down ¥161.921 million, or 49.7%, from the previous period. Ordinary profit was ¥228.649 million, down ¥197.219 million, or 46.3%. Net profit was ¥219.669 million, down ¥90.183 million, or 29.1%.」
Operating revenue increased 1.9%, while operating profit, ordinary profit and net profit declined 49.7%, 46.3% and 29.1%, respectively. Results toward securing stable earnings have deteriorated from the previous period. - FY2023-Q3WorsenedAnnual report
「As a result, operating revenue for the cumulative third quarter amounted to ¥7,022.442 million, an increase of ¥323.751 million, or 4.8%, from the same period of the previous year. Operating profit was ¥173.599 million, a decrease of ¥117.429 million, or 40.3%. Ordinary profit was ¥231.210 million, a decrease of ¥157.277 million, or 40.5%. Quarterly net profit was ¥180.374 million, a decrease of ¥131.021 million, or 42.1%.」
Operating revenue increased 4.8%, while operating profit, ordinary profit and quarterly net profit declined 40.3%, 40.5% and 42.1%, respectively. Profitability toward securing stable earnings has deteriorated further from the previous quarter. - FY2023-Q2WorsenedAnnual report
「Operating profit was ¥93.043 million, a decrease of ¥120.597 million, or 56.4%, from the same period of the previous year. Ordinary profit was ¥107.374 million, a decrease of ¥183.301 million, or 63.1%. Quarterly net profit was ¥73.912 million, a decrease of ¥159.331 million, or 68.3%.」
Operating revenue increased 10.0%, while operating profit, ordinary profit and quarterly net profit declined 56.4%, 63.1% and 68.3%, respectively. Results toward securing stable earnings have deteriorated due to higher fuel and other costs and foreign exchange losses. - FY2023-Q1WorsenedAnnual report
「For the cumulative first quarter ended 30 June 2022 (1 April 2022 to 30 June 2022), operating revenue increased despite the impact of COVID-19, while operating profit decreased year on year. This was due to higher fuel and other costs. As a result, operating revenue for the cumulative first quarter amounted to ¥2,228.423 million, an increase of ¥174.357 million, or 8.5%, from the same period of the previous year. Operating profit was ¥55.817 million, a decrease of ¥45.721 million, or 45.0%, from the same period of the previous year. Ordinary profit was ¥73.487 million, a decrease of ¥75.224 million, or 50.6%. Quarterly net profit was ¥45.679 million, a decrease of ¥84.746 million, or 65.0%.」
Operating revenue increased 8.5%, while higher fuel and other costs led to declines of 45.0% in operating profit, 50.6% in ordinary profit and 65.0% in quarterly net profit. Profitability toward securing stable earnings has deteriorated from the previous period. - FY2022AdvancedAnnual report
「Against this backdrop, our operating revenue increased as a result of higher ocean freight rates due to the global container shortage, along with efforts to develop new customers and deepen relationships with existing customers. Operating profit increased significantly year on year due to a review of certain charges collected and the work structure, as well as further cost reductions through more efficient administrative processing.」
Operating revenue increased 17.3% year on year, while operating profit rose 225.4% to ¥325.673 million, indicating improved profitability through a review of charges and the work structure, together with cost reductions. However, there is no statement that stable earnings were secured every period. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, our operating revenue increased as a result of higher ocean freight rates due to the global container shortage, along with efforts to develop new customers and deepen relationships with existing customers. Operating profit increased significantly year on year due to a review of certain charges collected and the work structure, as well as further cost reductions through more efficient administrative processing. As a result, operating revenue for the cumulative third quarter amounted to ¥6,698.691 million, an increase of ¥1,124.538 million, or 20.2%, from the same period of the previous year. Operating profit was ¥291.028 million, an increase of ¥176.521 million, or 154.2%, from the same period of the previous year.」
Operating profit rose 154.2% year on year to ¥291.028 million, driven by the development of new customers and deeper relationships with existing customers, a review of charges collected and the work structure, and more efficient administrative processing and cost reductions. The figures show progress toward securing stable earnings and the target of operating profit of at least ¥200 million, but do not state that the target was achieved. - FY2022-Q2AdvancedAnnual report
「Operating revenue for the cumulative second quarter was ¥4,269,402 thousand, an increase of ¥679,371 thousand (18.9%) from the cumulative period of the same quarter of the previous year. Operating profit was ¥213,640 thousand, a substantial increase of ¥157,831 thousand (282.8%), ordinary profit was ¥290,675 thousand, an increase of ¥187,529 thousand (181.8%), and quarterly net profit was ¥233,243 thousand, an increase of ¥157,141 thousand (206.5%).」
Operating revenue increased 18.9%, operating profit increased 282.8%, ordinary profit increased 181.8%, and quarterly net profit increased 206.5%, indicating continued quantitative progress toward securing stable profits. This does not state that the future target of operating profit of at least ¥200 million has been achieved. - FY2022-Q1AdvancedAnnual report
「The company's performance during the cumulative first quarter from 1 April 2021 to 30 June 2021 was as follows: operating revenue increased as import and export volumes recovered, despite the impact of COVID-19, and operating profit also increased significantly year on year. This was due to higher transaction volumes and a review of internal costs. As a result, operating revenue for the cumulative first quarter was ¥2,054,066 thousand, an increase of ¥277,319 thousand (15.6%) from the cumulative period of the same quarter of the previous year. Operating profit was ¥101,539 thousand, an increase of ¥81,981 thousand (419.2%).」
The recovery in import and export volumes, higher transaction volumes, and a review of internal costs resulted in operating revenue increasing 15.6% and operating profit increasing 419.2%. This represents quantitative progress toward stable profits, but the document does not state that the target of operating profit of at least ¥200 million has been achieved. - FY2021AdvancedAnnual report
「Under these circumstances, although the company was partly affected by COVID-19, operating revenue was generally at the same level as in the previous year and operating profit increased significantly year on year. This was due to lower personnel expenses and restrained operating expenses.」
Operating profit changed from an operating loss of ¥12,679 thousand in the previous year to profit of ¥100,093 thousand, while ordinary profit was ¥189,893 thousand and net profit for the current fiscal year was ¥155,816 thousand. The figures indicate improved earnings due to lower personnel expenses and restrained operating expenses. However, the document does not state that the future target of operating profit of at least ¥200 million has been achieved. - FY2021-Q3AdvancedAnnual report
「Under these circumstances, although the company was partly affected by COVID-19, operating revenue was generally at the same level as in the previous year and operating profit increased significantly year on year. This was due to lower personnel expenses and restrained operating expenses. As a result, operating revenue for the cumulative third quarter was ¥5,574,152 thousand, a decline of ¥166,863 thousand (2.9%) from the cumulative period of the same quarter of the previous year. Operating profit was ¥114,507 thousand, an increase of ¥74,440 thousand (185.8%), ordinary profit was ¥191,458 thousand, an increase of ¥33,974 thousand (21.6%), and quarterly net profit was ¥139,681 thousand, an increase of ¥48,945 thousand (53.9%).」
Although operating revenue declined 2.9%, lower personnel expenses and restrained operating expenses resulted in operating profit increasing 185.8%, ordinary profit increasing 21.6%, and quarterly net profit increasing 53.9%. This indicates quantitative progress toward eliminating accumulated losses early and securing stable profits, but the document does not state that the targets have been achieved. - FY2021-Q2AdvancedAnnual report
「Under these circumstances, operating revenue declined partly due to the impact of COVID-19, but operating profit increased significantly year on year. This was due to lower personnel expenses and restrained operating expenses. As a result, operating revenue for the cumulative second quarter was ¥3,590,030 thousand, a decline of ¥184,706 thousand (4.9%) from the cumulative period of the same quarter of the previous year. Operating profit was ¥55,809 thousand, a substantial increase of ¥49,208 thousand (745.5%), ordinary profit was ¥103,145 thousand, an increase of ¥13,355 thousand (14.9%), and quarterly net profit was ¥76,101 thousand, an increase of ¥30,956 thousand (68.6%).」
Although operating revenue declined, lower personnel expenses and restrained operating expenses resulted in operating profit increasing 745.5% year on year, ordinary profit increasing 14.9%, and quarterly net profit increasing 68.6%. This indicates quantitative progress toward securing stable profits. - FY2021-Q1AdvancedAnnual report
「The company's performance during the cumulative first quarter from 1 April 2020 to 30 June 2020 was as follows: operating revenue declined partly due to the impact of COVID-19, but operating profit increased significantly year on year. This was due to curbing various costs and a lower cost ratio resulting from passing costs on to prices.」
Operating revenue fell 1.9% year on year, but operating profit changed from a loss of ¥23,867 thousand in the same period of the previous year to profit of ¥19,557 thousand. Lower costs and the reduction in the cost ratio through passing costs on to prices are presented as quantitative progress toward securing stable profits. However, the document does not state that the future target of operating profit of at least ¥200 million has been achieved. - FY2020WorsenedAnnual report
「Under these circumstances, operating revenue remained firm as the company pursued proactive sales activities and appropriate fee adjustments. However, operating profit declined significantly year on year due to higher costs, including increased outsourcing expenses, and sluggish transport demand from February onward amid the coronavirus shock. The operating loss was ¥12,679 thousand, compared with operating profit of ¥10,818 thousand in the same period of the previous year.」
Operating revenue increased 0.6%, but the company recorded an operating loss of ¥12,679 thousand due to higher costs, including increased outsourcing expenses, and sluggish transport demand from February onward. Actual performance toward securing stable profits and achieving the target of operating profit of at least ¥200 million deteriorated. - FY2020-Q3WorsenedAnnual report
「The company's performance during the cumulative third quarter from 1 April 2019 to 31 December 2019 was as follows: although operating revenue remained firm following the appropriate adjustment of fees, operating profit declined from the cumulative period of the same quarter of the previous year due to higher costs, including increased outsourcing expenses.」
Operating revenue increased 2.1% year on year, while operating profit declined 6.4%. Although ordinary profit and quarterly net profit increased, performance at the operating level toward securing stable profits deteriorated due to higher costs, including outsourcing expenses. - FY2020-Q2WorsenedAnnual report
「The company's performance during the cumulative second quarter was as follows: despite operating revenue remaining firm, operating profit declined from the same quarter of the previous year. This was due to a rise in the cost ratio, including various costs.」
Operating revenue increased 4.2% year on year, while operating profit fell 83.3% to ¥6,600 thousand, ordinary profit fell 5.6%, and quarterly net profit fell 18.1%. Profitability toward securing stable profits continued to deteriorate from the previous quarter. - FY2020-Q1WorsenedAnnual report
「The company's performance during the cumulative first quarter from 1 April 2019 to 30 June 2019 was as follows: operating revenue remained firm due to proactive sales activities, but operating profit declined significantly year on year. This was due to higher various costs and a rise in the cost ratio caused by delays in passing costs on to prices.」
Operating revenue increased 1.6% year on year, but the company recorded an operating loss of ¥23,867 thousand, deteriorating from operating profit of ¥24,657 thousand in the same period of the previous year. Ordinary profit fell 34.9% and quarterly net profit fell 23.8%, indicating deteriorating profitability toward securing stable profits. - FY2019WorsenedAnnual report
「Operating profit was ¥10,818 thousand, down ¥27,815 thousand (72.0%) from the previous fiscal year. Ordinary profit was ¥119,763 thousand, down ¥55,066 thousand (31.5%). Net loss for the current fiscal year was ¥20,516 thousand, compared with net profit of ¥148,941 thousand in the same period of the previous year.」
Operating profit declined 72.0%, and the company recorded net loss of ¥20,516 thousand. Although the target of operating profit of at least ¥200 million remains in place, actual performance toward securing stable profits deteriorated from the previous fiscal year. - FY2019-Q3WorsenedAnnual report
「Operating revenue for the cumulative third quarter was ¥5,623,918 thousand, an increase of ¥473,377 thousand (9.2%) from the cumulative period of the same quarter of the previous year. Operating profit was ¥42,790 thousand, an increase of ¥8,932 thousand (26.4%), while ordinary profit was ¥115,287 thousand, a decline of ¥30,758 thousand (21.1%). Quarterly net loss was ¥25,469 thousand, a decline of ¥165,023 thousand from the cumulative period of the same quarter of the previous year, which recorded profit of ¥139,554 thousand.」
Operating revenue and operating profit increased, but ordinary profit fell 21.1%, and the company recorded a quarterly net loss of ¥25,469 thousand due to the impact of impairment losses on investment securities and other factors. Overall earnings deteriorated in relation to the goal of securing stable profits. - FY2019-Q2AdvancedAnnual report
「Operating profit increased from the same quarter of the previous year due to firm operating revenue and lower selling, general and administrative expenses resulting from expense reductions and other factors. However, quarterly net profit declined due to lower extraordinary income, including gains on the sale of investment securities, and higher income taxes and other taxes. Operating profit was ¥39,441 thousand, a substantial increase of ¥27,846 thousand (240.2%), while ordinary profit was ¥95,137 thousand, a decline of ¥2,376 thousand (2.4%). Quarterly net profit was ¥55,149 thousand, a decline of ¥32,293 thousand (36.9%) from the cumulative period of the same quarter of the previous year.」
Operating profit increased 240.2% year on year due to expense reductions and other factors, indicating quantitative progress at the operating level. However, ordinary profit and quarterly net profit both declined, and the document does not state that stable profits overall have been secured. - FY2019-Q1AdvancedAnnual report
「The company's performance during the cumulative first quarter from 1 April 2018 to 30 June 2018 was as follows: operating revenue remained firm on active cargo movements. Although the cost ratio increased, operating profit and ordinary profit both increased from the cumulative period of the same quarter of the previous year. Gains on the sale of investment securities were ¥3,439 thousand, down ¥9,123 thousand from the cumulative period of the same quarter of the previous year, while income taxes and other taxes were ¥23,696 thousand, up ¥9,076 thousand. As a result, quarterly net profit declined.」
Operating profit increased 28.8% year on year and ordinary profit increased 5.0%, indicating quantitative progress at the operating and ordinary profit levels toward securing stable profits. However, quarterly net profit fell 29.2% due to lower gains on the sale of investment securities and higher income taxes and other taxes, and the document does not state that overall earnings improvement has been completed. - FY2018WorsenedAnnual report
「With the aim of securing stable profits, the company will fully implement its medium-term plans for revenue, gross profit, and expenses. It will seek to secure profits across all areas and ultimately aims to secure operating profit of at least ¥200 million.」
While the company explicitly set a target of operating profit of at least ¥200 million, operating profit for the current fiscal year was ¥38,633 thousand, down 63.8% from the previous fiscal year, indicating deterioration in actual performance toward securing stable profits. - FY2018-Q3WorsenedAnnual report
「As a result, operating revenue for the cumulative third quarter was ¥5,150,540 thousand, an increase of ¥252,261 thousand (5.2%) from the cumulative period of the same quarter of the previous year. Operating profit was ¥33,857 thousand, a decline of ¥68,602 thousand (67.0%), and ordinary profit was ¥146,046 thousand, a decline of ¥36,019 thousand (19.8%). Quarterly net profit was ¥139,554 thousand, a decline of ¥88,523 thousand (38.8%) from the cumulative period of the same quarter of the previous year.」
Operating revenue increased 5.2%, while operating profit fell 67.0%, ordinary profit fell 19.8%, and quarterly net profit fell 38.8%. Profitability toward securing stable profits deteriorated further. - FY2018-Q2WorsenedAnnual report
「The company's performance during the cumulative second quarter from 1 April 2017 to 30 September 2017 was as follows: despite operating revenue remaining firm, operating profit declined significantly from the same quarter of the previous year. This was due to a rise in the cost ratio, including personnel expenses. As a result, operating revenue for the cumulative second quarter was ¥3,352,241 thousand, an increase of ¥151,186 thousand (4.7%) from the cumulative period of the same quarter of the previous year. Operating profit was ¥11,594 thousand, a substantial decline of ¥49,360 thousand (81.0%), and ordinary profit was ¥97,513 thousand, a decline of ¥31,984 thousand (24.7%). Quarterly net profit was ¥87,443 thousand, a decline of ¥40,380 thousand (31.6%) from the cumulative period of the same quarter of the previous year.」
Operating revenue increased, but rising costs, including personnel expenses, resulted in operating profit falling 81.0%, ordinary profit falling 24.7%, and quarterly net profit falling 31.6%. Profitability toward securing stable profits deteriorated further from the previous quarter. - FY2018-Q1Deteriorating profitabilityAnnual report
「The company's performance during the cumulative first quarter from 1 April 2017 to 30 June 2017 was as follows: despite operating revenue remaining firm, operating profit declined significantly from the same quarter of the previous year. This was due to a rise in the cost ratio, including personnel expenses.」
Operating revenue increased 5.0% year on year, while operating profit fell 64.3%, ordinary profit fell 23.6%, and quarterly net profit fell 10.3%. The quarter showed deteriorating profitability in relation to the goal of securing stable profits. - FY2017AdvancedAnnual report
「The company decided to set the year-end dividend for the current fiscal year at ¥1 per share because it had eliminated the accumulated deficit through reductions in the capital reserve and retained earnings reserve and the disposition of surplus, and had secured the source of dividends from retained earnings after recording net profit for the current fiscal year substantially above the initial forecast.」
The elimination of the accumulated deficit was completed through the disposition of the capital reserve and other items, and net profit for the current fiscal year was ¥264,180 thousand. While concrete progress was made in eliminating accumulated losses, securing stable profits every fiscal year remains a continuing challenge according to the document. - FY2017-Q3AdvancedAnnual report
「Ordinary profit was ¥182,066 thousand, an increase of ¥22,336 thousand (13.9%) from the cumulative period of the same quarter of the previous year. Quarterly net profit was ¥228,078 thousand, an increase of ¥49,587 thousand (27.8%) from the cumulative period of the same quarter of the previous year.」
In the cumulative third quarter, ordinary profit and quarterly net profit also exceeded the same period of the previous year, indicating continued quantitative progress toward securing stable profits. - FY2017-Q2AdvancedAnnual report
「Ordinary profit was ¥129,497 thousand, an increase of ¥23,176 thousand (21.8%) from the cumulative period of the same quarter of the previous year. Quarterly net profit was ¥127,823 thousand, an increase of ¥16,674 thousand (15.0%) from the cumulative period of the same quarter of the previous year.」
Ordinary profit and quarterly net profit both increased in the cumulative second quarter, indicating quantitative progress toward securing stable profits. However, the document does not explicitly state that stable profits have been secured. - FY2017-Q1AdvancedAnnual report
「Based on a resolution of the shareholders meeting, the company reduced the capital reserve by ¥261,830 thousand, other capital surplus by ¥433,446 thousand, and retained earnings reserve by ¥5,856 thousand, and allocated ¥701,133 thousand to retained earnings brought forward to eliminate the deficit. This did not change net assets.」
The company eliminated accumulated losses through the disposition of capital surplus and other items based on a resolution of the shareholders meeting. This represents concrete progress toward eliminating accumulated losses, but the document does not state that stable profits have been secured every fiscal year. - FY2016First statedAnnual report
「The company is working to eliminate accumulated losses at an early stage and secure stable profits every fiscal year.」
The company explicitly identifies eliminating accumulated losses and securing stable profits as management challenges.