Improving performance through higher revenue and earnings
First written in FY2016. 12 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-05.
- 2026-08-05ReframedFinancial results presentation
「Net sales were ¥1,661 million, down 14.4% year on year. The strategic decline in sales reflected the transfer of Kurashiki Royal Art Hotel and selection and concentration in the real estate sales business. Meanwhile, operating profit rose 18.8% to ¥55 million and ordinary profit rose 46.4% to ¥62 million, securing higher profits.」
The quarter was characterized not by higher sales and profit, but by increased operating and ordinary profit despite a strategic decline in net sales. - FY2026AdvancedAnnual report
「As a result, for the fiscal year under review, net sales were ¥8,213 million, up 5.5% year on year; operating profit was ¥197 million, up 314.7%; ordinary profit was ¥247 million, up 191.0%; and net income attributable to owners of the parent was ¥205 million, up 372.2%.」
FY2026 saw higher sales, with operating income, ordinary income and net income attributable to owners of the parent increasing substantially. - FY2026-H1AdvancedAnnual report
「As a result, for the interim consolidated accounting period, net sales were ¥3,909 million, up 2.5% year on year; operating income was ¥98 million, compared with an operating loss of ¥32 million in the same period of the previous year; ordinary income was ¥119 million, compared with an ordinary loss of ¥45 million; and interim net income attributable to owners of the parent was ¥59 million, compared with an interim net loss attributable to owners of the parent of ¥48 million.」
Operating loss, ordinary loss and interim net loss attributable to owners of the parent in the same period of the previous year all turned profitable in the current interim consolidated accounting period, supported by higher sales. - FY2025Higher sales, but operating, ordinary and net income declinedAnnual report
「Net sales were ¥7,788 million, up 1.4% year on year; operating income was ¥47 million, down 4.2%; ordinary income was ¥85 million, down 16.4%; and net income attributable to owners of the parent was ¥43 million, down 47.3%.」
Net sales increased, while operating income, ordinary income and net income attributable to owners of the parent all fell below the same period of the previous year. - FY2025-H1Higher sales, but operating, ordinary and net income turned negative or declinedAnnual report
「As a result of the costs associated with implementing these measures and other factors, for the interim consolidated accounting period, net sales were ¥3,814 million, up 1.7% year on year; operating loss was ¥32 million, compared with an operating loss of ¥24 million in the same period of the previous year; ordinary loss was ¥45 million, compared with ordinary income of ¥15 million; and interim net loss attributable to owners of the parent was ¥48 million, compared with an interim net loss attributable to owners of the parent of ¥1 million.」
Net sales increased 1.7% year on year, while the operating loss widened, ordinary income turned into a loss, and the interim net loss attributable to owners of the parent also widened. - FY2024Operating, ordinary and net income continued to decline despite higher revenueAnnual report
「As a result, for the fiscal year, net sales were ¥7,680 million, up 4.2% year on year; operating income was ¥49 million, down 65.6%; ordinary income was ¥101 million, down 56.2%; and net income attributable to owners of the parent was ¥82 million, down 30.2%.」
In FY2024, net sales increased, while operating income, ordinary income and net income attributable to owners of the parent all declined. However, each remained profitable. - FY2024-Q3An operating loss and lower ordinary income despite higher sales, with net income plunging but remaining profitableAnnual report
「As a result, for the third quarter cumulative period, net sales were ¥5,679 million, up 2.8% year on year, operating loss was ¥10 million, compared with operating income of ¥88 million in the same period of the previous year, ordinary income was ¥23 million, down 85.9%, income before income taxes was ¥23 million, down 86.0%, and net income attributable to owners of the parent was ¥2 million, down 96.5%.」
While net sales increased 2.8% year on year, operating income turned into a loss, ordinary income declined 85.9%, and net income attributable to owners of the parent declined 96.5%. However, compared with net income of ¥76 million in the same period of the previous year, the Company maintained a profit of ¥2 million in the current quarter. - FY2024-Q2An operating loss, lower ordinary income and a net loss despite higher salesAnnual report
「As a result, for the second quarter cumulative period, net sales were ¥3,751 million, up 4.5% year on year, operating loss was ¥24 million, compared with operating income of ¥26 million in the same period of the previous year, ordinary income was ¥15 million, down 84.2%, income before income taxes was ¥15 million, down 84.4%, and net loss attributable to owners of the parent was ¥1 million, compared with net income attributable to owners of the parent of ¥41 million in the same period of the previous year.」
While net sales increased 4.5% year on year, operating income turned into a loss, ordinary income declined 84.2%, and net income attributable to owners of the parent also turned into a loss. - FY2024-Q1Operating, ordinary and net income continued to decline despite higher revenueAnnual report
「As a result, for the first quarter cumulative period, net sales were ¥1,846 million, up 2.9% year on year, operating income was ¥7 million, down 62.1%, ordinary income was ¥30 million, down 44.3%, income before income taxes was ¥30 million, down 43.8%, and net income attributable to owners of the parent was ¥10 million, down 45.9%.」
While net sales increased 2.9% year on year, operating income, ordinary income and net income attributable to owners of the parent all declined, resulting in lower earnings despite higher sales. - FY2023-Q3Return to operating profitability and higher ordinary income, but continued lower net income despite lower salesAnnual report
「As a result, for the third quarter cumulative period, net sales were ¥5,525 million, down 3.1% year on year, operating income was ¥88 million, compared with an operating loss of ¥34 million in the same period of the previous year, ordinary income was ¥167 million, up 5.8%, income before income taxes was ¥169 million, down 1.7%, and net income attributable to owners of the parent was ¥76 million, down 43.5%.」
While net sales declined 3.1% year on year, operating income turned from an operating loss in the same period of the previous year to a profit of ¥88 million, and ordinary income increased 5.8%. However, net income attributable to owners of the parent declined 43.5%. - FY2023-Q2Return to operating profitability and higher ordinary income despite lower sales, but lower net incomeAnnual report
「As a result, for the second quarter cumulative period, net sales were ¥3,587 million, down 3.9% year on year, operating income was ¥26 million, compared with an operating loss of ¥67 million in the same period of the previous year, ordinary income was ¥95 million, up 88.2%, income before income taxes was ¥97 million, up 53.6%, and net income attributable to owners of the parent was ¥41 million, down 9.6%.」
While net sales declined, operating income returned to profitability from an operating loss in the same period of the previous year, and ordinary income increased. However, net income attributable to owners of the parent declined year on year. - FY2023-Q1Return to operating profitability and higher ordinary income despite lower sales, but lower net incomeAnnual report
「As a result, for the first quarter cumulative period, net sales were ¥1,793 million, down 0.6% year on year, operating income was ¥20 million, compared with an operating loss of ¥43 million in the same period of the previous year, ordinary income was ¥55 million, up 81.6%, income before income taxes was ¥54 million, up 81.2%, and net income attributable to owners of the parent was ¥19 million, down 18.1%.」
While net sales declined 0.6%, operating income turned from an operating loss in the same period of the previous year to a profit of ¥20 million, and ordinary income increased 81.6%. However, net income attributable to owners of the parent declined 18.1%. - FY2022Lower sales and an operating loss for the full year, with higher net income despite lower ordinary incomeAnnual report
「The impact of COVID-19 and other factors forced net sales and operating income lower due to the sluggish domestic market for investment condominiums and the slowdown in the recovery of tourism demand. However, the impact of government and local government measures, including employment adjustment subsidies, provided support and narrowed the declines in ordinary income and net income. As a result, for the fiscal year, net sales were ¥7,505 million, down 28.4% year on year, operating loss was ¥33 million, compared with operating income of ¥114 million in the same period of the previous year, ordinary income was ¥205 million, down 10.1%, and net income attributable to owners of the parent was ¥168 million, up 48.0%.」
In FY2022, net sales declined 28.4% and operating income turned into an operating loss. While ordinary income declined, net income attributable to owners of the parent increased 48.0% due to government and local government subsidies and other support. - FY2022-Q3Net income attributable to owners of the parent increased despite lower sales and an operating lossAnnual report
「However, due to the sluggish domestic market for investment condominiums and the slowdown in the recovery of tourism demand amid the impact of COVID-19, for the third quarter cumulative period, net sales were ¥5,704 million, down 30.5% year on year, operating loss was ¥34 million, compared with operating income of ¥133 million in the same period of the previous year, ordinary income was ¥157 million, down 17.8%, income before income taxes was ¥172 million, down 15.9%, and net income attributable to owners of the parent was ¥136 million, up 5.6%.」
The sluggish domestic investment condominium market and the slowdown in the recovery of tourism demand reduced net sales and resulted in a return to an operating loss. Ordinary income declined, while net income attributable to owners of the parent increased year on year. - FY2022-Q2Lower sales and an operating loss, with lower ordinary income and net incomeAnnual report
「However, due to the sluggish domestic market for investment condominiums and slowing economic activity in Southeast Asian countries amid the impact of COVID-19, for the second quarter cumulative period, net sales were ¥3,731 million, down 37.2% year on year, operating loss was ¥67 million, compared with operating income of ¥110 million in the same period of the previous year, ordinary income was ¥50 million, down 67.8%, income before income taxes was ¥63 million, down 59.2%, and net income attributable to owners of the parent was ¥46 million, down 44.1%.」
The sluggish domestic investment condominium market and slowing economic activity in Southeast Asia reduced net sales and resulted in an operating loss. Ordinary income and net income attributable to owners of the parent also declined year on year. - FY2022-Q1Lower sales and an operating loss, but higher ordinary income and a return to net profitabilityAnnual report
「However, due to the sluggish domestic market for investment condominiums and slowing economic activity in Southeast Asian countries amid the impact of COVID-19, for the first quarter cumulative period, net sales were ¥1,804 million, down 28.6% year on year, operating loss was ¥43 million, compared with operating income of ¥35 million in the same period of the previous year, ordinary income was ¥30 million, up 41.2%, income before income taxes was ¥30 million, up 52.7%, and net income attributable to owners of the parent was ¥24 million, compared with a net loss attributable to owners of the parent of ¥10 million in the same period of the previous year.」
COVID-19, the sluggish domestic investment condominium market and slowing economic activity in Southeast Asia resulted in lower sales and a return to an operating loss. Ordinary income increased, while net income attributable to owners of the parent returned to profitability. - FY2021Lower sales and earnings for the full year due to COVID-19 and other factorsAnnual report
「However, the decline in demand in the hotel and overseas businesses due to COVID-19 and the significant year-on-year decline in real estate purchase and sale transactions forced net sales and operating income lower. The impact of government and local government measures, including employment adjustment subsidies, provided support and narrowed the declines in ordinary income and net income. As a result, for the fiscal year, net sales were ¥10,482 million, down 21.0% year on year, operating income was ¥114 million, down 55.3%, ordinary income was ¥228 million, down 10.3%, and net income attributable to owners of the parent was ¥114 million, down 24.5%.」
In FY2021, net sales, operating income, ordinary income and net income attributable to owners of the parent all declined year on year, resulting in lower sales and earnings for the full year. - FY2021-Q3Lower sales and lower profitsAnnual report
「However, as the decline in demand continued in the hotel and overseas businesses due to the impact of COVID-19, and real estate purchase and sale transactions declined sharply in the third quarter, for the third quarter cumulative period, net sales were ¥8,213 million, down 14.9% year on year, operating income was ¥133 million, down 51.7%, ordinary income was ¥192 million, down 33.8%, income before income taxes was ¥204 million, down 28.3%, and net income attributable to owners of the parent was ¥128 million, down 34.4%.」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all declined year on year due to lower demand in the hotel and overseas businesses and fewer real estate purchase and sale transactions. - FY2021-Q2Operating, ordinary and net income continued to decline despite higher revenueAnnual report
「However, as the impact of COVID-19 spread significantly, mainly to the hotel business, for the second quarter cumulative period, net sales were ¥5,941 million, up 8.5% year on year, operating income was ¥110 million, down 43.8%, ordinary income was ¥157 million, down 22.5%, income before income taxes was ¥155 million, down 23.1%, and net income attributable to owners of the parent was ¥82 million, down 42.8%.」
While net sales increased, operating income, ordinary income and net income attributable to owners of the parent all declined year on year. The impact of COVID-19 on the hotel business was identified as the primary factor. - FY2021-Q1Operating and ordinary income declined despite higher sales, and the quarterly net result attributable to owners of the parent was a lossAnnual report
「However, as the impact of COVID-19 spread significantly, mainly to the hotel business, for the first quarter cumulative period, net sales were ¥2,528 million, up 2.4% year on year, operating income was ¥35 million, down 63.8%, ordinary income was ¥21 million, down 77.9%, and income before income taxes was ¥19 million, down 79.6%. With total income taxes of ¥29 million and net income attributable to non-controlling interests of ¥1 million, net loss attributable to owners of the parent was ¥10 million, compared with net income attributable to owners of the parent of ¥71 million in the same period of the previous year.」
While net sales increased year on year, operating and ordinary income declined sharply due to the impact of COVID-19 on the hotel business, resulting in a quarterly net loss attributable to owners of the parent. - FY2020AdvancedAnnual report
「As a result, for the consolidated fiscal year, net sales were ¥13,276 million, up 44.0% year on year; operating profit was ¥256 million, up 18.6%; ordinary profit was ¥254 million, up 10.5%; and profit attributable to owners of the parent was ¥151 million, up 96.5%.」
Net sales, operating profit, ordinary profit and profit attributable to owners of the parent all increased year on year, resulting in revenue and profit growth for the full year. - FY2020-Q3AdvancedAnnual report
「As a result, for the nine months ended 31 December, net sales were ¥9,647 million, up 44.7% year on year; operating profit was ¥277 million, up 48.8%; ordinary profit was ¥289 million, up 48.4%; and profit attributable to owners of the parent was ¥196 million, up 45.3%.」
Net sales, operating profit, ordinary profit and profit attributable to owners of the parent all increased year on year, continuing the trend of revenue and profit growth. - FY2020-Q2AdvancedAnnual report
「As a result, for the six months ended 30 September, net sales were ¥5,475 million, up 20.0% year on year; operating profit was ¥196 million, up 40.6%; ordinary profit was ¥202 million, up 35.1%; and profit attributable to owners of the parent was ¥145 million, up 45.2%.」
Net sales, operating profit, ordinary profit and profit attributable to owners of the parent all increased year on year, continuing the trend of revenue and profit growth. - FY2020-Q1AdvancedAnnual report
「As a result, for the three months ended 30 June, net sales were ¥2,470 million, up 12.6% year on year; operating profit was ¥98 million, up 23.2%; ordinary profit was ¥97 million, up 13.4%; and profit attributable to owners of the parent was ¥71 million, up 24.9%.」
Net sales, operating profit, ordinary profit and profit attributable to owners of the parent all increased year on year, continuing the trend of revenue and profit growth. - FY2019Revenue and operating and ordinary profit growth, but net profit declineAnnual report
「As a result, for the consolidated fiscal year, net sales were ¥9,216 million, up 15.6% year on year; operating profit was ¥216 million, up 3.4%; ordinary profit was ¥230 million, up 28.5%; and profit attributable to owners of the parent was ¥76 million, down 38.6%.」
Net sales, operating profit and ordinary profit increased year on year, while profit attributable to owners of the parent declined, with profit trends diverging by line item after the preceding quarters of falling profits despite revenue growth. - FY2019-Q3Operating, ordinary and net income continued to decline despite higher revenueAnnual report
「As a result, for the nine months ended 30 September, net sales were ¥6,665 million, up 16.7% year on year; operating profit was ¥186 million, down 15.3%; ordinary profit was ¥195 million, down 5.4%; and profit attributable to owners of the parent was ¥135 million, down 4.9%.」
Net sales increased 16.7% year on year, while operating profit, ordinary profit and profit attributable to owners of the parent all declined, continuing the trend of falling profits despite revenue growth. - FY2019-Q2AdvancedAnnual report
「As a result, for the six months ended 30 September, net sales were ¥4,561 million, up 39.1% year on year; operating profit was ¥139 million, up 19.0%; ordinary profit was ¥149 million, up 17.0%; and profit attributable to owners of the parent was ¥99 million, up 9.9%.」
Net sales, operating profit, ordinary profit and profit attributable to owners of the parent all increased year on year, continuing the trend of revenue and profit growth. - FY2019-Q1AdvancedAnnual report
「As a result, for the three months ended 30 June, net sales were ¥2,193 million, up 32.2% year on year; operating profit was ¥79 million, up 17.9%; ordinary profit was ¥85 million, up 16.9%; and profit attributable to owners of the parent was ¥57 million, up 4.2%.」
Net sales, operating profit, ordinary profit and profit attributable to owners of the parent all increased year on year, returning to revenue and profit growth. - FY2018-Q3Operating, ordinary and net income continued to decline despite higher revenueAnnual report
「As a result, for the first nine months of the fiscal year, net sales were ¥5,710 million, up 21.9% year on year; operating income was ¥219 million, down 10.7%; ordinary income was ¥206 million, down 20.2%; and net income attributable to owners of the parent was ¥142 million, down 4.9%.」
Net sales increased, while operating income, ordinary income and net income attributable to owners of the parent all declined year on year, indicating that the trend of lower profit despite higher revenue continued. - FY2018-Q2Operating, ordinary and net income continued to decline despite higher revenueAnnual report
「As a result, for the first six months of the fiscal year, net sales were ¥3,279 million, up 7.3% year on year; operating income was ¥117 million, down 38.5%; ordinary income was ¥128 million, down 31.2%; and net income attributable to owners of the parent was ¥90 million, down 34.1%.」
Net sales increased year on year, while operating income, ordinary income and net income attributable to owners of the parent all declined. - FY2018-Q1Operating, ordinary and net income continued to decline despite higher revenueAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥1,658 million, up 10.1% year on year; operating income was ¥67 million, down 46.1%; ordinary income was ¥73 million, down 37.1%; and net income attributable to owners of the parent was ¥54 million, down 34.9%.」
Net sales increased year on year, while operating income, ordinary income and net income attributable to owners of the parent all declined. - FY2017Operating income declined despite higher revenue, while ordinary and net income increasedAnnual report
「As a result, for the fiscal year, net sales were ¥6,366 million, up 26.1% year on year; operating income was ¥279 million, down 6.0%; ordinary income was ¥293 million, up 5.7%; and net income attributable to owners of the parent was ¥229 million, up 69.5%.」
Net sales increased, while operating income declined. Ordinary income and net income attributable to owners of the parent increased, further changing the earnings mix from the quarterly results. - FY2017-Q3Operating and net income declined despite higher revenueAnnual report
「As a result, for the first nine months of the fiscal year, net sales were ¥4,684 million, up 25.2% year on year; operating income was ¥246 million, down 1.5%; ordinary income was ¥258 million, up 5.9%; and, following the recognition of an impairment loss on investment securities of ¥47 million as an extraordinary loss, net income attributable to owners of the parent was ¥149 million, down 12.5% year on year.」
Net sales and ordinary income increased year on year, while operating income declined 1.5% and net income attributable to owners of the parent declined 12.5%, changing the composition from the previous trend of higher revenue and profit. - FY2017-Q2AdvancedAnnual report
「As a result, for the first six months of the fiscal year, net sales were ¥3,056 million, up 29.9% year on year; operating income was ¥191 million, up 33.1%; ordinary income was ¥186 million, up 48.6%; and net income attributable to owners of the parent was ¥137 million, up 77.8%.」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year, with higher revenue and profit continuing. - FY2017-Q1AdvancedAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥1,506 million, up 33.5% year on year; operating income was ¥125 million, up 76.6%; ordinary income was ¥116 million, up 48.9%; and net income attributable to owners of the parent was ¥84 million, up 45.4%.」
In the first quarter, net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year, continuing the trend of higher revenue and profit. - FY2016First statedAnnual report
「As a result, for the fiscal year, net sales were ¥5,046 million, up 38.5% year on year; operating profit was ¥297 million, up 240.3%; ordinary profit was ¥277 million, up 233.4%; and profit attributable to owners of the parent was ¥135 million, up 84.8%.」
Net sales, operating profit, ordinary profit and profit attributable to owners of the parent all increased year on year.