Revenue and profit growth driven by an increase in subsidiary stores and strong tire sales
First written in FY2018-Q1. 8 of 32 entries say "Advanced", first in FY2019. Latest entry: 2026-07-31.
The whole theme swung hardest in 2020: 29 of 142 companies on the "Worse" side.
- 2026-07-31Cited as achievedEarnings
「Due to strong sales of consumables such as tires, engine oil and batteries and increased installation-service revenue, net sales were ¥41.248 billion (102.4% year on year, up ¥959 million), and gross profit was ¥18.530 billion (101.3% year on year, up ¥236 million).」
The company disclosed record first-quarter net sales and gross profit, supported by higher consumables sales and installation-service revenue. - FY2026Higher revenue, lower operating profit, and higher net incomeAnnual report
「For the fiscal year under review, net sales increased to ¥171.280 billion (111.2% of the previous year). Profit increased overall, with operating profit of ¥15.087 billion (97.6%), ordinary profit of ¥16.582 billion (98.5%) and net profit attributable to owners of the parent of ¥11.968 billion (106.3%), although operating profit and ordinary profit declined.」
Compared with the previous year, when the main indicators were at record highs, net sales and net profit attributable to owners of the parent increased, while operating profit and ordinary profit declined. - 2026-05-08OtherEarnings
「Net sales were ¥171.280 billion (111.2% year on year, up ¥17.213 billion). Selling, general and administrative expenses were ¥59.389 billion (114.3% year on year, up ¥7.449 billion), due to higher depreciation from the increase in subsidiary stores, the start of operations at Shin-Tohoku Logistics and upgrades to existing-store facilities; higher personnel expenses to strengthen the human-resource base; higher store operating and logistics costs; higher amortization of goodwill following the conversion of Wise Road and YELLOW HAT LTD. into subsidiaries; and one-time expenses related to the relocation and refurbishment of logistics hubs and improvements to the system environment carried out during the fiscal year. As a result, operating income was ¥15.087 billion (97.6% year on year, down ¥363 million).」
Net sales increased, but operating income declined because of higher costs related to subsidiary stores, logistics, personnel and facility upgrades, among other factors. - FY2026-H1AdvancedAnnual report
「As a result, the financial position and operating results for the interim consolidated accounting period under review were as follows. Net sales, operating profit and ordinary profit exceeded both the previous year's results and the plan. Interim net profit attributable to owners of the parent also reached a record high for an interim consolidated accounting period.」
Against the backdrop of the inclusion of Y's Road in consolidated earnings, strong consumables sales and increased installation-service revenue, net sales were ¥79.305 billion, operating profit was ¥5.505 billion and ordinary profit was ¥6.129 billion. Interim net profit attributable to owners of the parent reached a record high for an interim period. - FY2025AdvancedAnnual report
「As a result, the financial position and operating results for the fiscal year under review were as follows. Net sales, gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent reached record highs.」
Against the backdrop of increased sales of consumables and installation-service revenue, net sales were ¥154.066 billion, operating profit was ¥15.450 billion, ordinary profit was ¥16.838 billion and net profit attributable to owners of the parent was ¥11.260 billion, with the main performance indicators reaching record highs. - FY2025-H1Shift to higher revenue and operating profit but lower ordinary profitAnnual report
「During the six-month interim consolidated accounting period under review, strong sales of consumables such as tires, oil and batteries and increased installation-service revenue resulted in net sales of ¥69.291 billion (103.5% of the previous year, up ¥2.316 billion). Gross profit was ¥30.450 billion (104.6%, up ¥1.349 billion), reflecting the higher growth rate of high-margin installation-service revenue. Selling, general and administrative expenses were ¥25.096 billion (105.2%, up ¥1.231 billion), due mainly to higher personnel expenses. Consequently, operating profit was ¥5.353 billion (102.3%, up ¥118 million), ordinary profit was ¥5.920 billion (98.5%, down ¥92 million), and interim net profit attributable to owners of the parent was ¥3.969 billion (97.6%, down ¥97 million).」
Compared with the previous year's slight revenue increase and lower operating profit, revenue and operating profit increased due to higher sales of consumables and installation-service revenue. Ordinary profit and interim net profit attributable to owners of the parent were below the previous year, however, due mainly to higher personnel expenses. - FY2024Lower revenue and operating profit continued for the full yearAnnual report
「For the fiscal year under review, net sales declined to ¥146.641 billion (99.6% of the previous year). Profit decreased, with operating profit of ¥14.475 billion (94.9%), ordinary profit of ¥15.964 billion (97.9%) and net profit attributable to owners of the parent of ¥10.259 billion (96.2%).」
Compared with the previous year's lower revenue and higher operating profit, net sales, operating profit, ordinary profit and net profit attributable to owners of the parent all declined in the current year. - FY2024-Q2Slightly higher revenue and lower operating profit continuedAnnual report
「During the first six months of the fiscal year under review, sales of consumables such as tires, oil and batteries remained solid, and vehicle inspection-service revenue increased. However, demand related to motorcycles, which had risen during the COVID-19 pandemic, began to weaken, and sluggish motorcycle-equipment sales also had an impact. Net sales were ¥66.975 billion (100.9% of the previous year, up ¥582 million), and gross profit was ¥29.101 billion (100.7%, up ¥192 million), representing only slight year-on-year increases. Selling, general and administrative expenses rose above the previous year to ¥23.865 billion (103.5%, up ¥806 million), due to higher depreciation associated with capital investment for new store openings and higher store operating costs, including personnel expenses. Consequently, operating profit was ¥5.235 billion (89.5%, down ¥613 million).」
Although sales of consumables and vehicle inspection-service revenue increased, higher depreciation and store operating costs, along with weakening motorcycle-related demand, resulted in lower operating profit despite slightly higher revenue. - FY2024-Q1Shift to record-high revenue and lower operating profitAnnual report
「As a result, the financial position and operating results for the first quarter of the fiscal year under review were as follows. Net sales reached a record high, while operating profit and ordinary profit were the second-highest results after the previous fiscal year's results, which were significantly boosted by special tire demand.」
Net sales reached a record high due to increased sales of consumables such as tires and oil and higher vehicle inspection-service revenue. Operating profit and ordinary profit were below the previous year, however, marking a shift from lower revenue and higher operating profit in the first quarter of the previous fiscal year to higher revenue and lower operating profit. - FY2023Lower revenue and higher operating profit continued for the full yearAnnual report
「For the fiscal year under review, net sales declined to ¥147.157 billion (99.4% of the previous year). Profit increased, with operating profit of ¥15.250 billion (108.2%), ordinary profit of ¥16.305 billion (108.6%) and net profit attributable to owners of the parent of ¥10.665 billion (110.4%).」
For the full year, net sales declined, while operating profit, ordinary profit and net profit attributable to owners of the parent increased. - FY2023-Q3Change to lower revenue and higher operating profitAnnual report
「As a result, the financial position and operating results for the first nine months of the fiscal year under review were as follows. Operating profit, ordinary profit and quarterly net profit attributable to owners of the parent reached record highs.」
While net sales declined to 99.6% of the previous year, operating profit was ¥12.901 billion, ordinary profit was ¥13.720 billion and quarterly net profit attributable to owners of the parent was ¥9.316 billion, with 3 items reaching record highs. - FY2023-Q2Shift to higher revenue and operating profitAnnual report
「During the first six months of the fiscal year under review, although sales of audio-visual products were sluggish, strong sales of consumables such as tires and higher installation-service revenue resulted in net sales of ¥66.392 billion (100.1% of the previous year, up ¥94 million).」
Against the backdrop of lower revenue in the previous year, sales of consumables such as tires and installation-service revenue increased, bringing net sales to 100.1% of the previous year. Operating profit was ¥5.849 billion and ordinary profit was ¥6.262 billion, with both profits reaching record highs. - FY2023-Q1Operating and ordinary profit reached record highs despite lower revenueAnnual report
「As a result, the financial position and operating results for the first quarter of the fiscal year under review were as follows. Operating profit and ordinary profit reached record highs.」
While net sales edged down to 99.8% of the previous year, operating profit was ¥3.396 billion and ordinary profit was ¥3.712 billion, with both profits reaching record highs. - FY2022Shift to record-high revenue and profit growthAnnual report
「As a result, the financial position and operating results for the fiscal year under review were as follows. Net sales, operating profit, ordinary profit and net profit attributable to owners of the parent all reached record highs.」
The trend shifted from lower revenue and operating profit in the second and third quarters of the previous fiscal year, with full-year net sales of ¥148.038 billion and operating profit of ¥14.090 billion, among 4 items reaching record highs. - FY2022-Q3Lower revenue and operating profit continuedAnnual report
「During the first nine months of the fiscal year under review, installation-service revenue, including vehicle inspection and maintenance services, increased and tire sales remained solid, but sales of dashcams and navigation systems were sluggish. Net sales were ¥113.256 billion (98.3% of the previous year, down ¥1.954 billion). Gross profit was ¥46.422 billion (100.9%, up ¥433 million), reflecting the increase in higher-margin installation-service revenue. Consequently, operating profit was ¥11.060 billion (99.4%, down ¥62 million), and ordinary profit was ¥11.803 billion (98.6%, down ¥168 million).」
Although installation-service revenue increased and tire sales remained solid, sluggish sales of dashcams and navigation systems have resulted in continued lower revenue and operating profit. - FY2022-Q2Shift from a trend of higher revenue and operating profit to lower revenue and operating profitAnnual report
「During the first six months of the fiscal year under review, although installation-service revenue, including vehicle inspection and maintenance services, increased, demand for driving declined as the period of self-restraint on going out continued, and sales of high-priced products such as tires and car navigation systems were sluggish. Net sales were therefore ¥66.298 billion (98.1% of the previous year, down ¥1.315 billion).」
Although installation-service revenue increased, lower demand for driving due to the prolonged period of self-restraint on going out and sluggish sales of high-priced products caused revenue to decline. Operating profit was also 94.4% of the previous year. - FY2022-Q1AdvancedAnnual report
「As a result, the financial position and operating results for the first quarter of the fiscal year under review were as follows. Net sales, operating profit and ordinary profit reached record highs.」
Compared with the previous year's sales decline caused by the COVID-19 pandemic, higher sales of high-priced products and increased installation-service revenue resulted in net sales of ¥33.383 billion, operating profit of ¥2.512 billion and ordinary profit of ¥2.747 billion, with all 3 items reaching record highs. - FY2021-Q3AdvancedAnnual report
「As a result, the financial position and operating results for the first nine months of the fiscal year under review were as follows. Net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all reached record highs.」
Against a backdrop of recovering demand for travel by car and motorcycle and increased sales of winter tires and tire chains due to the cold wave, net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all reached record highs. - FY2021-Q2Revenue and operating profit declined year on year despite recovering demandAnnual report
「During the first six months of the fiscal year under review, although we had expected the COVID-19 pandemic to reduce net sales, demand for travel by car and motorcycle increased as a preventive measure against infection. As a result, demand for the Group's businesses recovered earlier than initially forecast.」
Demand recovered earlier than initially forecast as demand for travel by car and motorcycle increased, but net sales were 94.5% of the previous year and operating profit was 80.2%, partly due to the pullback from rush demand before the consumption-tax increase and special demand ahead of tire price increases. - FY2021-Q1Lower revenue and operating profit due to the COVID-19 pandemicAnnual report
「During the first quarter of the fiscal year under review, sales of high-priced products such as tires, car navigation systems and dashcams declined, as did installation-service revenue associated with those products. Consequently, net sales were ¥31.133 billion (94.7% of the previous year, down ¥1.746 billion), and gross profit was ¥13.041 billion (96.9%, down ¥421 million).」
The trend shifted from higher revenue and operating profit in the previous year, with first-quarter revenue declining due to lower sales of high-priced products and installation-service revenue. Operating profit was also ¥1.798 billion, or 83.9% of the previous year. - FY2020AdvancedAnnual report
「In the fiscal year under review, although sales of winter-related products such as winter tires were weak due to the post-consumption-tax increase pullback and unusually warm winter, revenue from pit services increased and sales of dashcams were strong. As a result, net sales were ¥141.031 billion (101.3% of the previous year, up ¥1.830 billion), and gross profit was ¥56.517 billion (105.4%, up ¥2.895 billion).」
Strong pit-service revenue and dashcam sales offset weak winter-product sales, resulting in higher full-year revenue and operating profit. Net sales were ¥141.031 billion and operating profit was ¥10.093 billion. - FY2020-Q3AdvancedAnnual report
「In the cumulative third quarter of the current consolidated fiscal year, despite a decline following the consumption tax increase and weak sales of winter-related products such as studless tires due to the mild winter, revenue was ¥11,236.1 million, up 2.8% year on year, and gross profit was ¥4,430.9 million, up 8.1%, due to higher pit-service revenue and strong sales of dashcams. As a result, operating profit was ¥966.9 million, up 19.8%, ordinary profit was ¥1,044.7 million, up 15.3%, and quarterly net income attributable to owners of the parent was ¥713.0 million, up 15.7%.」
Higher pit-service revenue and strong dashcam sales offset the decline following the consumption tax increase and weak sales of winter products due to the mild winter, resulting in higher cumulative revenue, operating profit and ordinary profit. - FY2020-Q2AdvancedAnnual report
「In the cumulative second quarter of the current consolidated fiscal year, revenue was ¥7,153.0 million, up 11.9% year on year, and gross profit was ¥2,837.3 million, up 16.8%, primarily due to strong demand ahead of the consumption tax increase, particularly for high-priced products such as tires.」
Demand ahead of the consumption tax increase contributed to higher revenue. Revenue rose 11.9% year on year, while operating profit was ¥570.2 million, or 193.2% of the previous-year period. The shift from lower revenue and operating profit in the first quarter of the previous fiscal year to higher revenue and operating profit continued. - FY2020-Q1Reversal from lower revenue and operating profit to higher revenue and operating profitAnnual report
「In the cumulative first quarter of the current consolidated fiscal year, revenue was ¥3,288.0 million, up 4.7% year on year, and gross profit was ¥1,346.2 million, up 11.1%, due in part to strong sales of consumables. As a result, operating profit was ¥214.4 million, up 53.2%.」
Results shifted from lower revenue and operating profit in the first quarter of the previous fiscal year, due in part to lower tire sales, to higher revenue and operating profit supported by strong sales of consumables. - FY2019AdvancedAnnual report
「For the current consolidated fiscal year, the number of tires sold declined from the previous year due to the reversal of demand ahead of tire price increases in the previous-year period and lower nationwide snowfall than usual. However, growth in subsidiary stores and higher pit-service revenue resulted in revenue of ¥13,920.0 million, up 1.0% year on year, and gross profit of ¥5,362.1 million, up 3.6%. As a result, operating profit was ¥958.3 million, up 0.2%.」
Growth in subsidiary stores and higher pit-service revenue offset the decline in tire sales, resulting in higher revenue and a slight increase in operating profit for the full fiscal year. - FY2019-Q3Return to higher revenue and operating profitAnnual report
「In the cumulative third quarter of the current consolidated fiscal year, despite the significant impact of the reversal of demand ahead of tire price increases in the previous-year period, revenue was ¥10,925.7 million, up 1.5% year on year, and gross profit was ¥4,097.4 million, up 3.8%, due to growth in subsidiary stores, higher pit-service revenue and strong tire-chain sales. Selling, general and administrative expenses were ¥3,290.6 million, up 3.6%, due to higher personnel expenses, rent and other costs associated with the growth in subsidiary stores. As a result, operating profit was ¥806.8 million, up 4.2%, ordinary profit was ¥906.0 million, up 5.1%, and quarterly net income attributable to owners of the parent was ¥616.5 million, up 10.5%.」
Despite the reversal of demand ahead of tire price increases in the previous year, growth in subsidiary stores, higher pit-service revenue and strong tire-chain sales pushed both revenue and operating profit above the previous-year period. Results shifted from higher revenue and lower operating profit in the previous quarter to higher revenue and operating profit. - FY2019-Q2Higher revenue and lower operating profit continueAnnual report
「In the cumulative second quarter of the current consolidated fiscal year, the decline in tire sales, which had benefited from demand ahead of price increases in the previous-year period, had a significant impact on both the wholesale and retail divisions. However, growth in subsidiary stores and higher pit-service revenue resulted in revenue of ¥6,391.6 million, up 0.4% year on year, and gross profit of ¥2,429.9 million, up 2.2%. As a result, operating profit was ¥295.2 million, down 6.6%.」
Growth in subsidiary stores and higher pit-service revenue partly offset the impact of lower tire sales, resulting in a slight increase in revenue, while operating profit declined 6.6% year on year. The company continues to report higher revenue but lower operating profit, following the previous year's trend of higher revenue and earnings. - FY2019-Q1Shift from higher revenue and earnings to lower revenue and operating profitAnnual report
「In the cumulative first quarter of the current consolidated fiscal year, despite an increase in the number of stores, revenue was ¥3,139.6 million, down 1.3% year on year, due in part to lower tire sales compared with the previous-year period, when demand surged ahead of price increases. Selling, general and administrative expenses were ¥1,071.3 million, up 4.8%, due to higher personnel expenses, rent and other costs associated with the growth in subsidiary stores. As a result, operating profit was ¥139.9 million, down 27.5%.」
Although the number of subsidiary stores continued to grow, lower tire sales and higher personnel expenses and rent shifted results from the previous-year trend of higher revenue and earnings to lower revenue and operating profit. - FY2018RestatedAnnual report
「For the current consolidated fiscal year, revenue was ¥13,786.5 million, up 6.2% year on year, and gross profit was ¥5,176.1 million, up 10.9%, driven by growth in subsidiary stores and strong tire sales. As a result, operating profit was ¥956.1 million, up 37.8%, ordinary profit was ¥1,068.9 million, up 32.0%, and net income attributable to owners of the parent was ¥683.9 million, up 22.6%.」
The company explained that revenue, gross profit, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous-year period, driven by growth in subsidiary stores and strong tire sales. - FY2018-Q3RestatedAnnual report
「In the cumulative third quarter of the current consolidated fiscal year, revenue was ¥10,762.3 million, up 6.0% year on year, and gross profit was ¥3,949.3 million, up 11.3%, driven by growth in subsidiary stores and strong tire sales. Selling, general and administrative expenses were ¥3,175.3 million, up 6.0%, due to higher personnel expenses, rent and other costs associated with the growth in subsidiary stores. As a result, operating profit was ¥773.9 million, up 40.4%, ordinary profit was ¥862.2 million, up 36.4%, and quarterly net income attributable to owners of the parent was ¥557.8 million, up 30.3%.」
The company explained that revenue, gross profit, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the previous-year period, driven by growth in subsidiary stores and strong tire sales. - FY2018-Q2RestatedAnnual report
「In the cumulative second quarter of the current consolidated fiscal year, revenue was ¥6,364.3 million, up 7.1% year on year, and gross profit was ¥2,378.7 million, up 11.8%, driven by growth in subsidiary stores and strong tire sales. Selling, general and administrative expenses were ¥2,062.6 million, up 6.2%, due to higher personnel expenses, rent and other costs associated with the growth in subsidiary stores. As a result, operating profit was ¥316.0 million, up 70.2%, ordinary profit was ¥366.8 million, up 56.2%, and net income attributable to owners of the parent was ¥224.2 million, up 39.4%.」
The company explained that revenue, gross profit, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the previous-year period, driven by growth in subsidiary stores and strong tire sales. - FY2018-Q1First statedAnnual report
「In the cumulative first quarter of the current consolidated fiscal year, revenue was ¥3,180.7 million, up 9.0% year on year, and gross profit was ¥1,215.5 million, up 14.5%, driven by growth in subsidiary stores and strong tire sales. Selling, general and administrative expenses were ¥1,022.5 million, up 5.6%, due to higher personnel expenses, rent and other costs associated with the growth in subsidiary stores. As a result, operating profit was ¥192.9 million, up 105.6%, ordinary profit was ¥221.0 million, up 80.3%, and net income attributable to owners of the parent was ¥121.4 million, up 45.6%.」
The company explained that revenue, gross profit, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the previous-year period, driven by growth in subsidiary stores and strong tire sales.