Profit growth with operating revenue nearly flat
First written in FY2017-Q1. 11 of 36 entries say "Advanced", first in FY2021. Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 29 of 142 companies on the "Worse" side.
- FY2027-H1Ordinary profit and net income declined despite higher revenue and operating profit.Annual report
「As a result, operating revenue for the interim consolidated accounting period was ¥30,517 million, up 8.0% year on year, and operating profit was ¥2,243 million, up 10.9%. Ordinary profit was ¥2,390 million, down 0.3% year on year, as the increase in operating profit and other factors offset the impact of the reversal of the foreign exchange gain recorded in the year-earlier period. Interim net income attributable to owners of the parent was ¥1,589 million, down 2.4% year on year.」
Operating revenue and operating profit increased, while ordinary profit and interim net income attributable to owners of the parent fell below the year-earlier levels due to the reversal of the foreign exchange gain recorded in the year-earlier period. - FY2026-H1Ordinary and net income increased despite higher revenue and lower operating incomeAnnual report
「As a result, operating revenue for the interim consolidated accounting period was ¥28,244 million, up 8.0% year on year, while operating profit was ¥2,023 million, down 4.9%. Ordinary profit increased 2.4% to ¥2,397 million, as foreign exchange gains, interest income and equity in earnings of affiliates increased from the previous year. Interim net income attributable to owners of the parent increased 7.8% to ¥1,628 million.」
Operating revenue increased 8.0%, while operating profit declined 4.9%. Ordinary profit increased 2.4% and interim net income increased 7.8% due to higher foreign exchange gains and other factors, resulting in divergent trends across the profit items. - FY2025Ordinary profit was nearly flat and net income increased despite higher revenue and lower operating profitAnnual report
「As a result, operating revenue for the consolidated fiscal year was ¥55,638 million, up 8.2% year on year, while operating profit was ¥4,073 million, down 5.9%. Ordinary profit was ¥4,532 million, down 0.1% year on year and essentially unchanged from the previous year, due in part to the recognition of foreign exchange gains. Net income attributable to owners of the parent was ¥3,047 million, up 2.0% year on year and above the previous year's level.」
Operating revenue increased 8.2%, while operating profit declined 5.9%, ordinary profit declined 0.1%, and net income attributable to owners of the parent increased 2.0%, resulting in divergent trends across the profit items. - FY2025-H1Ordinary income increased slightly despite higher revenue and lower operating incomeAnnual report
「As a result, operating revenue for the interim consolidated accounting period was ¥26,156 million, up 3.3% year on year; operating profit was ¥2,127 million, down 3.5%; ordinary profit was ¥2,341 million, up 0.3%; and interim net income attributable to owners of the parent was ¥1,510 million, down 2.2%.」
Operating revenue turned to 3.3% year-on-year growth from a decline in the previous quarter, while operating profit and interim net income attributable to owners of the parent declined. Only ordinary profit increased, by 0.3%. - FY2025-Q1Ordinary income increased despite lower revenue and lower operating incomeAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥12,879 million, down 2.6% year on year; operating income was ¥1,143 million, down 0.7%; ordinary income was ¥1,184 million, up 1.8%; and quarterly net income attributable to owners of the parent was ¥761 million, down 0.6%.」
The trend in which profit at every stage had fallen below the previous-year levels through the previous period shifted to differing movements by line item: operating revenue, operating income and net income attributable to owners of the parent declined, while ordinary income increased 1.8%. - FY2024-Q3RestatedAnnual report
「As a result, operating revenue for the cumulative nine months of the current consolidated fiscal year was ¥39,499 million, down 29.1% year on year; operating income was ¥3,566 million, down 22.0%; ordinary income was ¥3,738 million, down 21.9%; and quarterly net income attributable to owners of the parent was ¥2,476 million, down 24.2%.」
The trend of lower revenue and lower profits has continued, with operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all below the previous-year levels. - FY2024-Q2RestatedAnnual report
「As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥25,324 million, down 29.2% year on year, and operating income was ¥2,204 million, down 20.0%. Ordinary income was ¥2,334 million, down 16.8% year on year, as the foreign-exchange loss recorded in the previous year turned into a foreign-exchange gain and other factors contributed, while quarterly net income attributable to owners of the parent was ¥1,545 million, down 17.5%.」
The trend of lower revenue and lower profits has continued, with operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all below the previous-year levels. - FY2024-Q1Shift to lower revenue and profitAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥13,218 million, down 23.6% year on year, and operating income was ¥1,152 million, down 11.8%, both below the previous-year levels. Ordinary income was ¥1,163 million, down 3.2% year on year, reflecting a smaller foreign-exchange loss and other factors compared with the previous year, while quarterly net income attributable to owners of the parent was ¥766 million, down 5.4%.」
The trend of higher revenue and higher profits through the previous period reversed to lower revenue and lower profits, with operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all below the previous-year levels. - FY2023AdvancedAnnual report
「Operating revenue was ¥69,463 million, up 15.9% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥5,288 million, up 47.7%; ordinary income was ¥5,605 million, up 46.7%; and net income attributable to owners of the parent was ¥3,684 million, up 55.7%, all substantially exceeding the previous-year levels.」
For the full year, operating revenue increased 15.9%, operating income 47.7%, ordinary income 46.7% and net income attributable to owners of the parent 55.7%, resulting in substantial profit growth at every stage. - FY2023-Q3AdvancedAnnual report
「Operating revenue was ¥55,689 million, up 25.8% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥4,569 million, up 54.5%; ordinary income was ¥4,788 million, up 51.8%; and quarterly net income attributable to owners of the parent was ¥3,265 million, up 63.8%, all substantially exceeding the previous-year levels.」
Despite declines in cargo volumes and customs clearance orders, profit at every stage substantially exceeded the previous-year levels, including a 25.8% increase in operating revenue and a 54.5% increase in operating income. - FY2023-Q2AdvancedAnnual report
「As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥35,744 million, up 32.5% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥2,754 million, up 79.6%; ordinary income was ¥2,805 million, up 67.7%; and quarterly net income attributable to owners of the parent was ¥1,873 million, up 92.3%, all substantially exceeding the previous-year levels.」
Despite the decline in cargo volumes, operating revenue increased 32.5%, operating income 79.6%, ordinary income 67.7% and quarterly net income attributable to owners of the parent 92.3%. - FY2023-Q1AdvancedAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥17,305 million, up 28.0% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥1,306 million, up 76.1%; ordinary income was ¥1,202 million, up 46.4%; and quarterly net income attributable to owners of the parent was ¥810 million, up 56.7%, all substantially exceeding the previous-year levels.」
While cargo volumes and customs clearance orders declined due to the Shanghai lockdown, operating revenue increased 28.0% and operating income increased 76.1%, with ordinary income and net income also substantially above the previous-year levels. - FY2022AdvancedAnnual report
「As a result, operating revenue for the consolidated fiscal year was ¥59,931 million, up 30.9% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥3,581 million, up 55.4%; ordinary income was ¥3,821 million, up 50.1%; and net income attributable to owners of the parent was ¥2,367 million, up 36.6%, all substantially exceeding the previous-year levels.」
For the full year, operating revenue, operating income, ordinary income and net income attributable to owners of the parent all exceeded the previous-year levels, resulting in higher revenue and higher profits, with operating revenue up 30.9% and operating income up 55.4%. - FY2022-Q3AdvancedAnnual report
「As a result, operating revenue for the cumulative nine months of the current consolidated fiscal year was ¥44,282 million, up 31.6% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥2,957 million, up 76.0%; ordinary income was ¥3,154 million, up 64.7%; and quarterly net income attributable to owners of the parent was ¥1,993 million, up 55.1%, all substantially exceeding the previous-year levels.」
Operating revenue increased 31.6%, resulting in higher revenue and higher profits, with operating income, ordinary income and quarterly net income attributable to owners of the parent also substantially above the previous-year levels. - FY2022-Q2AdvancedAnnual report
「As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥26,971 million, up 25.0% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥1,533 million, up 73.5%; ordinary income was ¥1,673 million, up 59.2%; and quarterly net income attributable to owners of the parent was ¥974 million, up 36.1%, all substantially exceeding the previous-year levels.」
Operating revenue increased 25.0%, resulting in higher revenue and higher profits, with operating income, ordinary income and quarterly net income attributable to owners of the parent also substantially above the previous-year levels. - FY2022-Q1AdvancedAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥13,515 million, up 22.1% year on year and substantially above the previous-year level. In addition, as operating revenue remained strong, operating income was ¥741 million, up 71.8%; ordinary income was ¥821 million, up 61.1%; and quarterly net income attributable to owners of the parent was ¥517 million, up 49.4%, all substantially exceeding the previous-year levels.」
Operating revenue increased 22.1% year on year, and operating income, ordinary income and quarterly net income attributable to owners of the parent also increased substantially. - FY2021AdvancedAnnual report
「As a result, operating revenue for the consolidated fiscal year was ¥45,797 million, up 1.8% year on year and above the previous-year level. In terms of profit, the effect of reductions in selling, general and administrative expenses and other factors contributed to operating income of ¥2,304 million, up 46.3%; ordinary income of ¥2,545 million, up 30.7%; and net income attributable to owners of the parent of ¥1,732 million, up 30.7%, all substantially above the previous-year levels, resulting in higher revenue and higher profits.」
For the full year, operating revenue increased 1.8%, while operating income, ordinary income and net income attributable to owners of the parent all exceeded the previous-year levels, resulting in higher revenue and higher profits. - FY2021-Q3RestatedAnnual report
「As a result, operating revenue for the cumulative nine months of the current consolidated fiscal year was ¥33,641 million, below the previous-year level, down 4.0% year on year. However, in terms of profit, the effect of reductions in selling, general and administrative expenses and other factors contributed to operating income of ¥1,679 million, up 12.8%; ordinary income of ¥1,915 million, up 7.1%; and quarterly net income attributable to owners of the parent of ¥1,285 million, up 5.0%, all exceeding the previous-year levels.」
While operating revenue declined 4.0% year on year, operating income, ordinary income and quarterly net income attributable to owners of the parent exceeded the previous-year levels, continuing profit growth despite lower revenue. - FY2021-Q2Continued growth in all profit levels despite lower revenueAnnual report
「As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥21,581 million, below the previous-year level, down 3.9% year on year. However, in terms of profit, the effect of reductions in selling, general and administrative expenses and other factors contributed to operating income of ¥883 million, up 19.2%; ordinary income of ¥1,051 million, up 13.4%; and quarterly net income attributable to owners of the parent of ¥716 million, up 11.3%, all exceeding the previous-year levels.」
While operating revenue declined 3.9% year on year, operating income, ordinary income and quarterly net income attributable to owners of the parent exceeded the previous-year levels, continuing profit growth despite lower revenue. - FY2021-Q1All profit levels increased despite lower operating revenueAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥11,073 million, slightly below the previous-year level, down 1.5% year on year. In terms of profit, improvements in the gross profit margin, the effects of the aforementioned sales initiatives and reductions in selling, general and administrative expenses resulted in operating income of ¥431 million, up 28.7%; ordinary income of ¥509 million, up 30.5%; and quarterly net income attributable to owners of the parent of ¥346 million, up 37.4%, all exceeding the previous-year levels.」
While operating revenue declined 1.5% year on year from the previous period, when it had increased substantially following the business combination, operating income, ordinary income and quarterly net income attributable to owners of the parent increased. - FY2020-Q3RestatedAnnual report
「As a result, operating revenue for the cumulative nine months of the current consolidated fiscal year was ¥35,028 million, up 66.5% year on year and substantially above the previous-year level, while operating income was ¥1,520 million, up 21.1%. In addition, non-operating income increased due to the recognition of investment gains under the equity method and other items, resulting in ordinary income of ¥1,819 million, up 31.4%, and quarterly net income attributable to owners of the parent of ¥1,195 million, up 26.7%, both exceeding the previous-year levels.」
Following the conversion of Nisshin Unyu into a subsidiary, operating revenue and operating income increased, and profit at every stage, including ordinary income and quarterly net income attributable to owners of the parent, has continued to exceed the previous-year levels. - FY2020-Q2RestatedAnnual report
「As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥22,451 million, up 72.7% year on year and substantially above the previous-year level, while operating income was ¥762 million, up 6.8%. In addition, non-operating income increased due to the recognition of investment gains under the equity method and other items, resulting in ordinary income of ¥947 million, up 22.9%, and quarterly net income attributable to owners of the parent of ¥624 million, up 18.3%, both exceeding the previous-year levels.」
Operating revenue expanded substantially through the business combination, and operating income, ordinary income and quarterly net income attributable to owners of the parent have also continued to exceed the previous-year levels. - FY2020-Q1Revenue scale expanded substantially through a business combinationAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥11,236 million, up 80.4% year on year and substantially above the previous-year level, while operating income was ¥346 million, up 15.6%. In addition, non-operating income increased due to the recognition of investment gains under the equity method and other items, resulting in ordinary income of ¥401 million, up 43.0%, and quarterly net income attributable to owners of the parent of ¥242 million, up 24.6%, both exceeding the previous-year levels.」
Operating revenue expanded substantially following the conversion of Nisshin Unyu into a wholly owned subsidiary, while operating income, ordinary income and quarterly net income attributable to owners of the parent also exceeded the previous-year levels. - FY2019RestatedAnnual report
「Operating revenue was ¥27,783 million, up 10.6% year on year; operating income was ¥1,543 million, up 3.1%; ordinary income was ¥1,703 million, up 7.3%; and net income attributable to owners of the parent was ¥1,167 million, up 6.1%, all exceeding the previous-year levels.」
The trend in which operating revenue, operating income, ordinary income and net income attributable to owners of the parent all exceed the previous-year levels continued through the full year. - FY2019-Q3RestatedAnnual report
「Accordingly, operating revenue for the cumulative nine months of the current consolidated fiscal year was ¥21,038 million, up 12.3% year on year; operating income was ¥1,255 million, up 8.7%; ordinary income was ¥1,383 million, up 12.2%; and quarterly net income attributable to owners of the parent was ¥943 million, up 13.3%.」
The trend in which operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceed the previous-year levels continued. - FY2019-Q2All profit levels recovered to year-on-year growthAnnual report
「Accordingly, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥13,003 million, up 9.0% year on year; operating income was ¥713 million, up 1.0%; ordinary income was ¥771 million, up 0.9%; and quarterly net income attributable to owners of the parent was ¥527 million, up 2.2%.」
Operating income, ordinary income and quarterly net income attributable to owners of the parent, which had declined year on year in the previous quarter, returned to levels above the previous year as operating revenue increased. - FY2019-Q1Returned to profit declinesAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥6,230 million, up 3.6% year on year, while operating income was ¥299 million, down 22.4%; ordinary income was ¥280 million, down 31.9%; and quarterly net income attributable to owners of the parent was ¥194 million, down 31.2%.」
While operating revenue increased, operating income, ordinary income and quarterly net income attributable to owners of the parent all fell below the previous-year levels, reversing the trend of growth in profit at every stage through the previous period. - FY2018RestatedAnnual report
「As a result, operating revenue for the consolidated fiscal year was ¥25,114 million, up 18.1% year on year; operating income was ¥1,497 million, up 7.5%; ordinary income was ¥1,587 million, up 8.6%; and net income attributable to owners of the parent was ¥1,100 million, up 12.1%, all exceeding the previous-year levels.」
For the full year, operating revenue, operating income, ordinary income and net income attributable to owners of the parent all exceeded the previous-year levels. - FY2018-Q3RestatedAnnual report
「As a result, operating revenue for the cumulative nine months of the current consolidated fiscal year was ¥18,732 million, up 17.7% year on year; operating income was ¥1,154 million, up 4.6%; ordinary income was ¥1,233 million, up 6.8%; and quarterly net income attributable to owners of the parent was ¥832 million, up 7.2%, all exceeding the previous-year levels.」
The trend in which operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceed the previous-year levels continued. - FY2018-Q2RestatedAnnual report
「As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥11,931 million, up 17.7% year on year; operating income was ¥706 million, up 10.3%; ordinary income was ¥764 million, up 9.7%; and quarterly net income attributable to owners of the parent was ¥516 million, up 9.9%, all exceeding the previous-year levels.」
The trend in which operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceed the previous-year levels continued through the cumulative second quarter. - FY2018-Q1All profit levels returned to year-on-year growthAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥6,011 million, up 18.6% year on year; operating income was ¥385 million, up 17.5%; ordinary income was ¥412 million, up 17.9%; and quarterly net income attributable to owners of the parent was ¥282 million, up 27.8%, all exceeding the previous-year levels.」
From a situation in which profits at every stage were below the previous-year levels in the previous quarter, operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all moved above the previous-year levels. - FY2017-Q3Profit levels fell below the previous-year levelsAnnual report
「As a result, operating revenue for the cumulative nine months of the current consolidated fiscal year was ¥15,914 million, down 0.8% year on year; operating income was ¥1,104 million, down 11.4%; ordinary income was ¥1,154 million, down 12.4%; and quarterly net income attributable to owners of the parent was ¥776 million, down 7.0%, all below the previous-year levels.」
Operating revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all fell below the previous-year levels, shifting from the differing trends by line item in the previous quarter to declines at every stage. - FY2017-Q2Change in the composition of profitAnnual report
「Operating revenue was ¥10,139 million, down 0.5% year on year, and operating income was ¥640 million, down 3.3%. Ordinary income was ¥696 million, up 0.1% and essentially unchanged year on year, while quarterly net income attributable to owners of the parent was ¥469 million, up 9.6% and exceeding the previous-year level.」
Operating revenue and operating income both declined slightly, while ordinary income was virtually flat and net income attributable to owners of the parent increased, indicating a shift from broad-based profit growth to differing trends by line item. - FY2017-Q1First statedAnnual report
「As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥5,069 million, essentially unchanged year on year, down 0.1%. Operating income was ¥328 million, up 7.1%; ordinary income was ¥349 million, up 7.3%; and quarterly net income attributable to owners of the parent was ¥221 million, up 9.8%, all exceeding the previous-year levels.」
While operating revenue was roughly unchanged year on year, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the previous-year levels.