Earnings Improvement Through High-Margin Product Sales and Fixed-Cost Reduction
First written in FY2016. 19 of 38 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-11-05.
34 other companies' latest entry also says "Advanced".
- FY2026WorsenedAnnual report
「However, the company posted an operating loss because of declining demand for paper and higher procurement costs.」
Although the company worked to reduce selling, general and administrative expenses, declining demand for paper and higher procurement costs resulted in an operating loss, worsening the earnings impact of its earnings-improvement measures. - FY2026-H1WorsenedAnnual report
「Under these circumstances, our group worked to reduce selling, general and administrative expenses, but lower demand and soaring procurement costs resulted in the recognition of a loss.」
Although the company worked to reduce selling, general and administrative expenses, lower demand and higher procurement costs resulted in a loss, worsening the earnings impact of its earnings-improvement initiatives. - FY2025WorsenedAnnual report
「Selling, general and administrative expenses decreased 3.4% year on year to ¥2,014 million. Although logistics costs increased due to the impact of the “2024 problem” and other factors, this was more than offset by a reduction in personnel expenses associated with the relocation of a branch warehouse and other factors. As a result, together with the reasons for the decline in gross profit, the company posted an operating loss of ¥10 million for the period, compared with operating profit of ¥94 million in the previous fiscal year.」
Selling, general and administrative expenses decreased owing to lower personnel expenses associated with the warehouse relocation and other factors, while operating profit deteriorated from ¥94 million in the previous fiscal year to a loss of ¥10 million because of higher logistics costs and lower gross profit. - FY2025-H1WorsenedAnnual report
「Under these circumstances, the Group continued to work toward sales that maintain a stable supply and appropriate prices, and to reduce fixed logistics costs and implement an efficient inventory policy in logistics. However, profits fell significantly as lower demand and higher procurement costs led to a marked decline in profit margins.」
The company stated that although it worked to reduce fixed costs and implement an efficient inventory policy, profit margins declined and profit fell substantially because of lower demand and higher procurement costs. - FY2024-Q3AdvancedAnnual report
「For the first nine months of the fiscal year, net sales were ¥12,507 million, up 2.6% year on year; operating profit was ¥77 million, up 403.9%; ordinary profit was ¥102 million, up 136.5%; and quarterly net profit attributable to owners of the parent was ¥54 million, up 230.0%.」
For the first nine months, net sales increased, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent were substantially higher than in the same period of the previous year. The figures demonstrate progress in earnings improvement. - FY2024-Q2AdvancedAnnual report
「For the first six months of the fiscal year, net sales were ¥8,285 million, up 3.8% year on year; operating profit was ¥72 million, up 389.2%; ordinary profit was ¥90 million, up 151.6%; and quarterly net profit attributable to owners of the parent was ¥54 million, up 254.1%.」
Net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the same period of the previous year, with the figures demonstrating progress in earnings improvement. - FY2024-Q1AdvancedAnnual report
「For the first quarter of the fiscal year, consolidated net sales were ¥4,308 million, up 7.0% year on year; operating profit was ¥43 million, compared with ¥1 million in the same period of the previous year; ordinary profit was ¥60 million, up 172.2%; and quarterly net profit attributable to owners of the parent was ¥39 million, up 224.8%.」
Operating profit increased from ¥1 million in the same period of the previous year to ¥43 million, while ordinary profit increased from ¥22 million to ¥60 million, demonstrating tangible progress in earnings improvement. - FY2023AdvancedAnnual report
「Net sales for the consolidated fiscal year increased 20.9% year on year to ¥17,023 million, owing to a net increase in industrial paper sales following the corporate reorganization at the start of the period and progress in selling at appropriate prices following price revisions. For the same reasons, gross profit increased 28.1% to ¥2,235 million.」
Net sales and gross profit increased on a net increase in industrial paper sales following the corporate reorganization and progress in selling at appropriate prices. Operating profit increased from ¥4 million in the previous fiscal year to ¥153 million, while ordinary profit increased from ¥13 million to ¥184 million. - FY2023-Q3AdvancedAnnual report
「Under these circumstances, the Group continued to focus on sales at appropriate prices while carefully explaining market conditions and worked to improve profitability through coordination across the Group. As a result, for the nine months ended the third quarter, net sales were ¥12,191 million, up 25.8% year on year, operating profit was ¥15 million, compared with a loss of ¥54 million in the same period of the previous year, ordinary profit was ¥43 million, compared with a loss of ¥45 million, and quarterly net profit attributable to owners of the parent was ¥16 million, compared with a loss of ¥67 million.」
As a result of selling at appropriate prices and improving group coordination, the company turned a profit in each category, moving from an operating loss, ordinary loss and quarterly net loss attributable to owners of the parent in the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「For the six months ended the second quarter, net sales were ¥7,981 million, up 25.8% year on year, operating profit was ¥14 million, compared with an operating loss of ¥15 million in the same period of the previous year, ordinary profit was ¥36 million, compared with an ordinary loss of ¥7 million, and quarterly net profit attributable to owners of the parent was ¥15 million, compared with a quarterly net loss attributable to owners of the parent of ¥22 million.」
Operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent in the same period of the previous year each turned into profit in the six months ended the current second quarter, with the improvement in profitability shown in specific figures. - FY2023-Q1AdvancedAnnual report
「For the three months ended the first quarter, net sales were ¥4,026 million, up 22.9% year on year, operating profit was ¥1 million, compared with an operating loss of ¥12 million in the same period of the previous year, ordinary profit was ¥22 million, compared with profit of ¥830,000, and quarterly net profit attributable to owners of the parent was ¥12 million, compared with a quarterly net loss attributable to owners of the parent of ¥8 million.」
Operating loss of ¥12 million in the same period of the previous year turned into operating profit of ¥1 million. Ordinary profit was ¥22 million and quarterly net profit attributable to owners of the parent was ¥12 million, indicating an improvement in profitability. - FY2022WorsenedAnnual report
「In terms of profits, operating profit and ordinary profit were almost unchanged from the previous year.」
Against the previous trend of improving profitability, consolidated operating profit was ¥4 million, almost unchanged from the previous year, while ordinary profit was ¥13 million, down 18.9% year on year, indicating that the momentum of profitability improvement has weakened. - FY2022-Q3AdvancedAnnual report
「For the nine months ended the third quarter, net sales were ¥9,690 million, up 0.2% year on year, operating loss was ¥54 million, compared with an operating loss of ¥61 million in the same period of the previous year, ordinary loss was ¥45 million, compared with an ordinary loss of ¥44 million, and quarterly net loss attributable to owners of the parent was ¥67 million, compared with a quarterly net loss attributable to owners of the parent of ¥66 million.」
Net sales increased 0.2% year on year, and operating loss narrowed from ¥61 million to ¥54 million. Meanwhile, ordinary loss and quarterly net loss attributable to owners of the parent were slightly higher than in the same period of the previous year, so the improvement in profitability remained limited. - FY2022-Q2AdvancedAnnual report
「For the six months ended the second quarter, net sales were ¥6,342 million, up 2.9% year on year, operating loss was ¥15 million, compared with an operating loss of ¥24 million in the same period of the previous year, ordinary loss was ¥7 million, compared with an ordinary loss of ¥6 million, and quarterly net loss attributable to owners of the parent was ¥22 million, compared with a quarterly net loss attributable to owners of the parent of ¥23 million.」
Net sales increased 2.9% year on year, and operating loss narrowed from ¥24 million to ¥15 million. Meanwhile, ordinary loss widened from ¥6 million to ¥7 million, so the improvement in profitability was uneven. - FY2022-Q1AdvancedAnnual report
「Under these circumstances, the Group continued efficient sales activities while thoroughly preventing infections, while also capturing demand from external customers in its logistics business and working to improve profitability through coordination across the Group. As a result, for the three months ended the first quarter, net sales were ¥3,277 million, up 6.9% year on year, operating loss was ¥12 million, compared with an operating loss of ¥65 million in the same period of the previous year, and ordinary profit was ¥0 million, compared with an ordinary loss of ¥12 million.」
The Group advanced efficient sales activities, captured external customer demand in the logistics business, and improved profitability through coordination across the Group. Operating loss narrowed from ¥65 million to ¥12 million, while ordinary profit improved from a loss of ¥12 million to ¥0 million. - FY2021WorsenedAnnual report
「Net sales were ¥13,224 million, down 16.0% year on year, operating profit was ¥4 million, down 97.1%, and ordinary profit was ¥16 million, down 90.5%.」
Despite improved profitability at the logistics subsidiary and gains on asset sales, the decline in net sales was not offset, and operating profit and ordinary profit fell significantly. - FY2021-Q2WorsenedAnnual report
「For the six months ended the second quarter, net sales were ¥6,166 million, down 24.6% year on year, operating loss was ¥24 million, compared with operating profit of ¥89 million in the same period of the previous year, ordinary loss was ¥6 million, compared with ordinary profit of ¥108 million, and quarterly net loss attributable to owners of the parent was ¥23 million, compared with quarterly net profit attributable to owners of the parent of ¥64 million.」
The improvement in profitability receded, with operating profit and ordinary profit in the same period of the previous year turning into operating loss and ordinary loss. No withdrawal of measures such as sales of high-margin products or fixed-cost reductions is described. - FY2020AdvancedAnnual report
「Net sales amounted to ¥15,748 million, up 1.8% year on year, despite sales volume falling below the previous year, due to the price revisions taking hold and the company maintaining sales at appropriate prices. Gross profit also rose 3.2% year on year to ¥2,108 million for the same reasons.」
Gross profit increased as price revisions took hold and sales were made at appropriate prices, resulting in higher operating profit of ¥154 million and ordinary profit of ¥177 million. The results of the profitability improvement measures are reflected in the full-year figures. - FY2020-Q3AdvancedAnnual report
「In terms of profits, operating profit and ordinary profit increased due to higher gross profit resulting from increased sales and other factors. For the nine months ended the third quarter, net sales were ¥11,935 million, up 5.7% year on year, operating profit was ¥103 million, up 202.5%, and ordinary profit was ¥126 million, up 113.7%.」
Through higher sales and increased gross profit, among other factors, operating profit was ¥103 million and ordinary profit was ¥126 million, up 202.5% and 113.7% year on year, respectively, indicating progress in profitability improvement. - FY2020-Q2AdvancedAnnual report
「In terms of profits, operating profit and ordinary profit increased due to higher gross profit resulting from increased sales.」
Driven by higher sales and increased gross profit, operating profit was ¥89 million and ordinary profit was ¥108 million, up 227.3% and 128.8% year on year, respectively. - FY2020-Q1AdvancedAnnual report
「In terms of profits, operating profit and ordinary profit increased due to higher gross profit resulting from increased sales.」
Through higher gross profit resulting from increased sales, operating profit rose to ¥51 million and ordinary profit to ¥69 million from the same period of the previous year, indicating progress in profitability improvement. - FY2019AdvancedAnnual report
「Operating profit and ordinary profit increased due to higher gross profit resulting from increased sales and improved performance at the logistics subsidiary, among other factors.」
Higher gross profit and improved performance at the logistics subsidiary are explicitly identified as factors behind the improvement in profitability. Operating profit was ¥109 million, up 29.7% year on year, and ordinary profit was ¥135 million, up 25.2%. - FY2019-Q3RestatedAnnual report
「In terms of profits, gross profit was below the previous year due to lower sales, but operating profit and ordinary profit increased due to reductions in various expenses and improved performance at the logistics subsidiary.」
Reductions in various expenses and improved performance at the logistics subsidiary continue to be cited as means of improving profitability. - FY2019-Q2AdvancedAnnual report
「In terms of profits, gross profit was below the previous year due to lower sales, but operating profit and ordinary profit improved due to reductions in various expenses and the performance of the logistics subsidiary.」
Reductions in various expenses and the performance of the logistics subsidiary are reaffirmed as factors behind the improvement in profitability. Operating profit was ¥27 million, up 35.1% year on year, and ordinary profit was ¥47 million, up 28.3%. - FY2019-Q1AdvancedAnnual report
「In terms of profits, operating profit and ordinary profit improved due to reductions in various expenses and improved performance at the logistics subsidiary.」
Reductions in various expenses and improved performance at the logistics subsidiary are explicitly identified as factors behind the improvement in profitability. Operating profit was ¥4 million, up 27.1% year on year, and ordinary profit was ¥21 million, up 6.5%. - FY2018RestatedAnnual report
「Segment profit was ¥348 million, up 3.6% year on year, due to an improved gross profit margin and the effects of reducing various expenses.」
The filing continues to explicitly identify an improved gross profit margin and reductions in various expenses as factors behind the improvement in profitability, and reports segment profit of ¥348 million for the paper wholesale business. - FY2018-Q3Explicit identification of the capture of external demandAnnual report
「In terms of profits, operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all improved due to higher gross profit and the logistics subsidiary's capture of external demand.」
In addition to the previous explanation of improved profitability at the logistics subsidiary, the filing explicitly identifies the subsidiary's capture of external demand as a factor behind the improvement in profitability. - FY2018-Q2Specific factors behind profitability improvementAnnual report
「As a result, sales volume exceeded the same period of the previous year, but net sales declined. In terms of profits, operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all exceeded the same period of the previous year due to higher gross profit and improved profitability at the logistics subsidiary. For the six months ended the second quarter, net sales were ¥7,627 million, down 1.9% year on year, operating profit was ¥20 million, up 132.8%, ordinary profit was ¥37 million, up 41.3%, and quarterly net profit attributable to owners of the parent was ¥31 million, up 108.8%.」
In addition to the previous explanation centered on reductions in various expenses, this time the filing explicitly identifies gross profit and improved profitability at the logistics subsidiary as factors behind the improvement in profitability. - FY2018-Q1RestatedAnnual report
「Although reductions in various expenses and improved profitability at subsidiaries contributed to earnings, operating profit and ordinary profit both declined.」
Reductions in various expenses and improved profitability at subsidiaries continue to be cited as profit factors, but operating profit and ordinary profit were below the same period of the previous year. - FY2017RestatedAnnual report
「As a result, sales volume exceeded the previous fiscal year, but net sales declined. In terms of profits, operating profit, ordinary profit, and net profit attributable to owners of the parent all exceeded the previous fiscal year, due to the effects of reducing various expenses and improved profitability at subsidiaries. For the consolidated fiscal year, net sales were ¥15,915 million, down ¥182 million year on year, operating profit was ¥76 million, up ¥59 million, ordinary profit was ¥98 million, up ¥52 million, and net profit attributable to owners of the parent was ¥86 million, up ¥41 million.」
Reductions in various expenses and improved profitability at subsidiaries are reiterated as factors behind higher operating profit, ordinary profit, and profit attributable to owners of the parent. - FY2017-Q3RestatedAnnual report
「As a result, sales volume exceeded the previous fiscal year, but net sales declined. In terms of profits, operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all improved from the previous fiscal year, partly due to the effects of reducing various expenses.」
The effects of reducing various expenses continue to be cited as a factor in improving profitability. Sales of high-margin products are not explicitly mentioned in this filing. - FY2017-Q2RestatedAnnual report
「As a result, both sales volume and net sales exceeded the previous fiscal year. In terms of profits, operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all improved from the previous fiscal year, partly due to the effects of reducing various expenses.」
The effects of reducing various expenses are reiterated as a factor behind the improvement in each profit measure from the previous fiscal year. - FY2017-Q1RestatedAnnual report
「Operating profit, ordinary profit, and net profit attributable to owners of the parent for the quarter all increased, partly due to the effects of reducing various expenses.」
The reduction of various expenses is reiterated as a means of improving profitability and as a factor behind increases in operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent. - FY2016First statedAnnual report
「Sales of high-margin products, albeit in small volumes, and the effects of fixed-cost reductions enabled both operating profit and ordinary profit to recover.」
Sales of high-margin products and fixed-cost reductions are cited as means of improving profitability.