Increases in Ordinary Profit and Profit Attributable to Owners of the Parent Despite a Decline in Operating Profit
First written in FY2018-Q1. 8 of 29 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 2 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Operating income and ordinary income reached record highs, while net income attributable to owners of the parent declinedAnnual report
「In terms of earnings, both operating income and ordinary income reached record highs, due to higher revenue and the strength of frontline operations.」
Operating income was ¥4,957 million and ordinary income was ¥5,769 million, both record highs. However, due to the recognition of an impairment loss of ¥236 million and special retirement payments of ¥392 million, net income attributable to owners of the parent was ¥3,203 million, down 2.9% from the previous fiscal year. - FY2026-H1The trend of increasing revenue and operating income changed to a mix of declining operating income and increasing ordinary income and other measuresAnnual report
「Revenue was ¥30,494 million, up 0.9% year on year. Operating income was ¥2,328 million, down 5.6% year on year, due mainly to the impact of lower revenue in the logistics services business. Ordinary income was ¥2,709 million, up 1.1%, due mainly to an increase in equity in earnings of affiliates. Interim net income attributable to owners of the parent was ¥1,793 million, up 5.3%.」
Revenue increased, but operating income declined, while ordinary income and interim net income attributable to owners of the parent increased, mainly due to the increase in equity in earnings of affiliates. - FY2025Revenue declined, while all three profit measures continued to increaseAnnual report
「Revenue was ¥61,129 million, down 0.6% year on year. Operating income was… ¥4,603 million, up 12.0%; ordinary income was ¥5,117 million, up 4.5%; and net income attributable to owners of the parent was ¥3,300 million, up 4.1%.」
Revenue declined due to lower order volumes at overseas subsidiaries, but operating income, ordinary income and net income attributable to owners of the parent all increased due to improved profitability and other factors. - FY2025-H1RestatedAnnual report
「As a result, despite the impact of major customers suspending plant operations and other factors, revenue for the interim consolidated accounting period was ¥30,208 million, up 3.1% year on year, due mainly to higher order volumes from major customers in the logistics services business. Operating income was ¥2,466 million, up 33.5%, due mainly to the effect of higher revenue in the logistics services business, ordinary income was ¥2,681 million, up 13.9%, and interim net income attributable to owners of the parent was ¥1,703 million, up 11.3%.」
Despite the impact of major customers suspending plant operations, revenue, operating income, ordinary income and interim net income attributable to owners of the parent all increased year on year. - FY2024AchievedAnnual report
「Amid a challenging operating environment marked by global inflation and geopolitical risks, the Company strengthened frontline capabilities through its “OneTeam management with participation by all employees,” identified customer needs at the frontline and acted with a sense of urgency. By pursuing business strategies beyond the framework of existing businesses while maintaining the steady frontline activities that the Company has always valued, it achieved record highs in both revenue and profit.」
Revenue, operating income, ordinary income and net income attributable to owners of the parent are explicitly stated to have reached record highs. - FY2024-Q3RestatedAnnual report
「Operating income was ¥3,231 million, up 26.7% year on year, due mainly to higher revenue and efforts to improve productivity. Ordinary income was ¥3,841 million, up 23.1%, and net income attributable to owners of the parent was ¥2,501 million, up 28.3%.」
Operating income, ordinary income and net income attributable to owners of the parent all increased year on year for the second consecutive quarter. - FY2024-Q2RestatedAnnual report
「Operating income was ¥1,847 million, up 36.4% year on year, due mainly to higher revenue and efforts to improve productivity. Ordinary income was ¥2,354 million, up 18.4%, and net income attributable to owners of the parent was ¥1,531 million, up 23.1%.」
Operating income, ordinary income and net income attributable to owners of the parent all increased year on year for the second consecutive quarter. - FY2024-Q1All three profit measures continued to increaseAnnual report
「Operating income was ¥839 million, up 36.0% year on year, due mainly to higher revenue and efforts to improve productivity. Ordinary income was ¥1,170 million, up 13.9%, and net income attributable to owners of the parent was ¥792 million, up 14.5%.」
Operating income, ordinary income and net income attributable to owners of the parent all increased year on year. - FY2023AchievedAnnual report
「At the same time, by promoting a management approach involving all employees and closely integrated with frontline operations, we were able to achieve record highs in both revenue and profit.」
The full-year results explicitly state that revenue and all profit measures reached record highs. - FY2023-Q3RestatedAnnual report
「Operating income was ¥2,549 million, up 14.1% year on year, despite the impact of the closure of a major customer's plant in the domestic packaging business, due mainly to progress in profitability improvement initiatives implemented across the Group. Ordinary income was ¥3,121 million, up 13.8%, due mainly to higher foreign exchange gains, supported by the yen's depreciation. Net income attributable to owners of the parent was ¥1,949 million, up 14.3%, due mainly to the increase in ordinary income.」
Operating income, ordinary income and net income attributable to owners of the parent all increased year on year for the second consecutive quarter. - FY2023-Q2Operating income also returned to growth, bringing all three profit measures back to increasesAnnual report
「Operating income was ¥1,354 million, up 9.9% year on year, despite the impact of the closure of a major customer's plant in the domestic packaging business, due mainly to progress in profitability improvement initiatives implemented across the Group. Ordinary income was ¥1,989 million, up 27.3%, due mainly to the increase in operating income and higher foreign exchange gains resulting from the yen's depreciation. Net income attributable to owners of the parent was ¥1,243 million, up 23.0%, due mainly to the increase in ordinary income.」
In FY2023-Q1, operating income declined while ordinary income and net income attributable to owners of the parent increased. This quarter, operating income also increased due to progress in profitability improvement initiatives, resulting in year-on-year increases in all three profit measures. - FY2023-Q1Operating income declined, while ordinary income and net income attributable to owners of the parent increased due to higher foreign exchange gainsAnnual report
「Operating income was ¥617 million, down 9.5% year on year, due partly to the suspension of operations by a major customer in the logistics services business and pressure on fixed costs associated with the lockdown in China. Ordinary income was ¥1,028 million, up 20.4% year on year, due mainly to higher foreign exchange gains. Net income attributable to owners of the parent was ¥692 million, up 35.4% year on year, due mainly to the increase in ordinary income.」
From the position through the previous quarter in which operating income, ordinary income and net income attributable to owners of the parent all increased, operating income declined this quarter, while ordinary income and net income attributable to owners of the parent increased due to higher foreign exchange gains. - FY2022-Q3RestatedAnnual report
「Operating income was ¥2,235 million, up 37.6% year on year, ordinary income was ¥2,741 million, up 52.9%, and net income attributable to owners of the parent was ¥1,705 million, up 63.5%, driven significantly by higher revenue in the logistics services business, the Company's core business.」
Operating income, ordinary income and net income attributable to owners of the parent have continued to increase year on year. - FY2022-Q2RestatedAnnual report
「Operating income was ¥1,232 million, up 116.6% year on year, due mainly to higher revenue in the logistics services business, the Company's core business. Ordinary income was ¥1,562 million, up 162.0%, and net income attributable to owners of the parent was ¥1,011 million, up 252.5%.」
Operating income, ordinary income and net income attributable to owners of the parent have continued to increase year on year. - FY2022-Q1Recovery from losses in operating, ordinary and net income attributable to owners of the parent in the same period of the previous year to profit in all three measuresAnnual report
「Operating income was ¥681 million, driven significantly by higher revenue in the logistics services business, the Company's core business, compared with an operating loss of ¥131 million in the same period of the previous year. Ordinary income was ¥853 million, compared with an ordinary loss of ¥113 million. Net income attributable to owners of the parent was ¥511 million, compared with a net loss attributable to owners of the parent of ¥101 million.」
From a position in which operating, ordinary and net income attributable to owners of the parent were all losses in the same period of the previous year, all three profit measures returned to positive territory this quarter. - FY2021The mix changed to declines in operating income and net income attributable to owners of the parent, with ordinary income increasingAnnual report
「As a result, revenue for the consolidated fiscal year under review was ¥51,782 million, down 4.7% year on year, and operating income was ¥2,434 million, down 4.7%. Ordinary income was ¥2,812 million, up 2.1% year on year, due mainly to the recognition of foreign exchange gains and other factors. Net income attributable to owners of the parent was ¥1,603 million, down 3.3% year on year, due mainly to the increase in deferred income tax adjustments and other factors.」
From a position in which all three profit measures had increased or declined together, operating income and net income attributable to owners of the parent declined, while only ordinary income increased. - FY2021-Q3The three profit measures shifted from increases to declinesAnnual report
「Revenue was ¥37,367 million, down 7.0% year on year. Operating income was ¥1,624 million, down 14.1% year on year; ordinary income was ¥1,793 million, down 13.0%; and net income attributable to owners of the parent was ¥1,043 million, down 20.6%.」
From a position in which all three profit measures had increased through the previous quarter, operating income, ordinary income and net income attributable to owners of the parent all declined this quarter. - FY2021-Q2Operating, ordinary and net income attributable to owners of the parent returned to positive territory, but declined sharply year on yearAnnual report
「Operating income was ¥568 million, down 50.4% year on year, due mainly to the impact of lower order volumes, particularly in the logistics services business, resulting from the COVID-19 pandemic. Ordinary income was ¥596 million, down 51.7% year on year, and net income attributable to owners of the parent was ¥286 million, down 58.7% year on year, due mainly to the decline in ordinary income.」
From operating, ordinary and net losses attributable to owners of the parent in the previous quarter, all three profit measures returned to positive territory this quarter. However, all three declined sharply year on year. - FY2021-Q1Shift from record-high performance to operating, ordinary and net losses attributable to owners of the parentAnnual report
「Operating loss was ¥131 million, mainly due to the impact of lower order volumes, particularly in the logistics services business, compared with operating income of ¥505 million in the same period of the previous year. Ordinary loss was ¥113 million, compared with ordinary income of ¥565 million in the same period of the previous year. Net loss attributable to owners of the parent was ¥101 million, due mainly to the decline in ordinary income, compared with net income attributable to owners of the parent of ¥305 million in the same period of the previous year.」
From the record-high full-year performance through the previous fiscal year and the increases in all three profit measures in the same period of the previous year, all operating, ordinary and net income measures attributable to owners of the parent became losses this quarter. - FY2020AchievedAnnual report
「The operating results of the Group for the consolidated fiscal year under review reached record highs for revenue and all profit measures, as described in (1) ① Overview of Operating Results and Other Information.」
Revenue, operating income, ordinary income and net income attributable to owners of the parent are explicitly stated to have all reached record highs. - FY2020-Q3RestatedAnnual report
「In terms of earnings, operating income was ¥1,892 million, up 8.6% year on year, due mainly to the effect of higher revenue in the logistics services business and improved profitability in the automotive services business. Ordinary income was ¥2,062 million, up 6.5% year on year. Although foreign exchange losses were recorded, the effect of higher operating income and other factors led to an increase. Net income attributable to owners of the parent was ¥1,314 million, up 12.4% year on year, due mainly to the increase in ordinary income.」
Operating income, ordinary income and net income attributable to owners of the parent all increased, continuing the trend seen in the previous quarter. - FY2020-Q2Operating income, ordinary income and net income attributable to owners of the parent continued to increaseAnnual report
「In terms of earnings, operating income was ¥1,145 million, up 25.6% year on year, due mainly to the effect of higher revenue in the logistics services business and improved profitability in the automotive services business. Ordinary income was ¥1,234 million, up 10.0% year on year. Although foreign exchange losses were recorded, the effect of higher operating income and other factors led to an increase. Net income attributable to owners of the parent was ¥694 million, up 4.4% year on year, due mainly to the increase in ordinary income.」
While ordinary income and net income attributable to owners of the parent had declined in the previous quarter despite an increase in operating income, all three profit measures increased this quarter. - FY2020-Q1While operating income increased, ordinary income and net income attributable to owners of the parent shifted to declinesAnnual report
「In terms of earnings, operating income was ¥505 million, up 3.8% year on year, despite the impact of lower order volumes for storage equipment products in Japan and overseas in the logistics services business, due mainly to the effects of improved profitability in the automotive services business. Ordinary income was ¥565 million, down 10.1% year on year, due mainly to the recognition of foreign exchange losses. Net income attributable to owners of the parent was ¥305 million, down 24.7% year on year, due mainly to the decline in ordinary income.」
Operating income continued to increase, while ordinary income and net income attributable to owners of the parent declined, mainly due to the recognition of foreign exchange losses. - FY2019The return to growth in all three profit measures was confirmed in the full-year results as record-high performanceAnnual report
「Revenue and all profit measures reached record highs.」
Operating income, ordinary income and net income attributable to owners of the parent all increased, resulting in record-high revenue and profit. - FY2019-Q3The three profit measures shifted back from declines to increasesAnnual report
「In terms of earnings, operating income was ¥1,742 million, up 66.5% year on year, due mainly to the effect of higher revenue in the logistics services business and the recovery in performance at North American subsidiary KIMURA, INC. Ordinary income was ¥1,936 million, up 49.8% year on year, due mainly to the increase in operating income. Net income attributable to owners of the parent was ¥1,168 million, up 73.6% year on year, due mainly to the increase in ordinary income.」
The three profit measures have shifted from the declines that continued through the previous two quarters, with operating income, ordinary income and net income attributable to owners of the parent all increasing. - FY2019-Q1Operating income, ordinary income and net income attributable to owners of the parent all returned to growthAnnual report
「In terms of earnings, operating income was ¥487 million, up 88.8% year on year, due mainly to the effect of higher revenue in the logistics services business. Ordinary income was ¥629 million, up 94.8% year on year, due mainly to the increase in operating income and the recognition of foreign exchange gains. Net income attributable to owners of the parent was ¥405 million, up 160.2% year on year, due mainly to the increase in ordinary income.」
The three profit measures have shifted from the declines that continued through the previous two quarters, with operating income, ordinary income and net income attributable to owners of the parent all increasing. - FY2018-Q3RestatedAnnual report
「In terms of earnings, operating income was ¥1,046 million, down 17.8% year on year, due mainly to delays in orders at North American subsidiary KIMURA, INC. in the logistics services business, as well as a decrease in the number of vehicles sold and lower selling prices for vehicles whose leases had expired in the vehicle leasing business within the automotive services business. Ordinary income was ¥1,292 million, down 15.0% year on year, due mainly to the decline in operating income. Net income attributable to owners of the parent was ¥673 million, down 21.9% year on year, due mainly to the decline in ordinary income.」
As in the previous quarter, operating income, ordinary income and net income attributable to owners of the parent all declined. - FY2018-Q2The decline in operating income also affected ordinary income and net income attributable to owners of the parentAnnual report
「In terms of earnings, operating income was ¥582 million, down 29.9% year on year, due mainly to the deterioration in the logistics services business following lower sales at North American subsidiary KIMURA, INC., the deterioration in the cost ratio in the automotive services business due to higher outsourcing costs, and the impact of lower selling prices for vehicles whose leases had expired. Ordinary income was ¥720 million, down 9.5% year on year. Although foreign exchange losses were eliminated partly due to the yen's depreciation, this was not enough to offset the decline in operating income. Net income attributable to owners of the parent was ¥353 million, down 18.0% year on year, due mainly to the decline in ordinary income.」
The pattern in which ordinary income and net income attributable to owners of the parent increased despite a decline in operating income in the previous quarter has changed, with all three profit measures declining this time. - FY2018-Q1First statedAnnual report
「In terms of earnings, operating income was ¥258 million, down 21.8% year on year, due mainly to the deterioration in the cost ratio of the vehicle maintenance business within the automotive services business, caused by higher outsourcing costs. Ordinary income was ¥322 million, up 20.1% year on year, due mainly to a decrease in foreign exchange losses, while net income attributable to owners of the parent was ¥155 million, up 25.0% year on year, due mainly to the increase in ordinary income.」
Operating income declined, while ordinary income and net income attributable to owners of the parent increased, mainly due to the decrease in foreign exchange losses.