Improved Gross Margins and Operating Profit Despite Declining Sales
First written in FY2016. 29 of 36 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-07-31.
The whole theme swung hardest in 2020: 24 of 107 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- 2026-07-31AdvancedEarnings
「As a result, consolidated results for the first quarter were revenue of ¥19,539 million, up 6.4% year on year, and operating profit of ¥2,156 million, up 20.9%.」
The company achieved revenue and profit growth in the first quarter and an operating margin of 11.0%. - FY2026AdvancedAnnual report
「The company achieved growth in both revenue and profit for the fourth consecutive fiscal year through progress in transforming its business structure, while operating income reached a record high for the fifth consecutive fiscal year.」
In FY2026, revenue was ¥76,019 million, operating income was ¥7,308 million, and operating margin was 9.6%, achieving growth in both revenue and profit for the fourth consecutive fiscal year and a record-high operating income for the fifth consecutive fiscal year. - FY2026-H1AdvancedAnnual report
「Total Revenue 35,822 37,461 +4.6% Gross profit 10,377 11,975 +15.4% % 29.0% 32.0%」
The interim period delivered growth in both revenue and profit, with overall gross margin rising 3.0 percentage points from 29.0% in the year-earlier period to 32.0%. Operating income also increased 13.3% year on year, indicating continued improvement in the earnings structure. - FY2025AdvancedAnnual report
「Along with the transformation of the earnings structure, a focus on high-value-added businesses and the optimisation of selling, general and administrative expenses contributed to operating income of ¥6,155 million for the consolidated fiscal year, up ¥1,732 million from the previous consolidated fiscal year and up 39.2% from the previous fiscal year. Operating margin was 8.8%, up 2.0 percentage points from the previous consolidated fiscal year.」
A focus on high-value-added businesses and the optimisation of selling, general and administrative expenses lifted operating income 39.2% year on year and operating margin from 6.8% to 8.8%. Revenue and profit increased for the third consecutive fiscal year, and operating income reached a record high. - FY2025-H1AdvancedAnnual report
「For the interim consolidated period, revenue was ¥35,822 million, up 8.6% year on year; operating income was ¥3,182 million, up 39.5%; ordinary income was ¥3,321 million, up 39.2%; and interim net income attributable to owners of the parent was ¥2,307 million, up 36.2%.」
The interim period delivered growth in both revenue and profit, with revenue up 8.6%, operating income up 39.5%, ordinary income up 39.2%, and interim net income attributable to owners of the parent up 36.2%. - FY2024AdvancedAnnual report
「For the consolidated fiscal year, revenue was ¥65,194 million, up 12.1% from the previous fiscal year; operating income was ¥4,422 million, up 17.5%; ordinary income was ¥4,549 million, up 18.2%; and net income attributable to owners of the parent was ¥3,187 million, up 19.0%, achieving growth in both revenue and profit.」
Revenue and profit increased for the second consecutive fiscal year, while operating income reached a record high for the second consecutive fiscal year. Operating margin also rose from 6.5% to 6.8%. - FY2024-Q3AdvancedAnnual report
「As a result, revenue was ¥49,280 million, up 14.8% year on year; operating income was ¥3,461 million, up 16.9%; ordinary income was ¥3,576 million, up 16.2%; and net income attributable to owners of the parent was ¥2,496 million, up 17.9%.」
The nine-month cumulative period delivered growth in both revenue and profit, with revenue, operating income, ordinary income, and quarterly net income attributable to owners of the parent all exceeding the year-earlier levels. - FY2024-Q2AdvancedAnnual report
「As a result, revenue was ¥32,971 million, up 14.1% year on year; operating income was ¥2,282 million, up 11.4%; ordinary income was ¥2,386 million, up 9.9%; and net income attributable to owners of the parent was ¥1,693 million, up 12.5%.」
The six-month cumulative period delivered growth in both revenue and profit, with revenue up 14.1%, operating income up 11.4%, ordinary income up 9.9%, and quarterly net income attributable to owners of the parent up 12.5%. - FY2024-Q1AdvancedAnnual report
「As a result, revenue was ¥16,359 million, up 17.9% year on year; operating income was ¥1,139 million, up 13.3%; ordinary income was ¥1,231 million, up 16.7% from the previous fiscal year; and net income attributable to owners of the parent was ¥850 million, up 17.3% from the previous fiscal year.」
The first quarter delivered growth in both revenue and profit, with revenue, operating income, ordinary income, and quarterly net income attributable to owners of the parent exceeding the year-earlier or previous-fiscal-year levels. - FY2023AdvancedAnnual report
「Operating margin was 6.5%, up 1.0 percentage point from the previous consolidated fiscal year. Ordinary income increased ¥620 million from the previous consolidated fiscal year to ¥3,847 million, up 19.2% from the previous fiscal year.」
In FY2023, revenue was ¥58,144 million, operating income was ¥3,764 million, and operating margin was 6.5%, marking a shift from improved profitability despite declining revenue to growth in both revenue and profit, with margins also improving. - FY2023-Q3AdvancedAnnual report
「As a result, revenue was ¥42,935 million, up 4.0% year on year; operating income was ¥2,960 million, up 23.5%; ordinary income was ¥3,078 million, up 21.8%; and net income attributable to owners of the parent was ¥2,117 million, up 20.8%. Revenue continued to grow in the first half, while profit continued to increase by double digits year on year from the first quarter.」
Revenue continued to grow following the first half, while operating income, ordinary income, and net income attributable to owners of the parent all increased by double digits year on year. The company is moving from improved profitability despite declining revenue to growth in both revenue and profit. - FY2023-Q2AdvancedAnnual report
「As a result, revenue was ¥28,889 million, up 4.8% year on year; operating income was ¥2,048 million, up 22.8%; ordinary income was ¥2,171 million, up 22.1%; and net income attributable to owners of the parent was ¥1,505 million, up 19.8%.」
Revenue increased 4.8% year on year and operating income increased 22.8%, marking a shift from improved profitability despite declining revenue to growth in both revenue and profit. Overall gross margin also rose to 30.9%. - FY2023-Q1AdvancedAnnual report
「As a result, revenue was ¥13,874 million, up 1.4% year on year; operating income was ¥1,005 million, up 24.5%; ordinary income was ¥1,055 million, up 23.3%; and net income attributable to owners of the parent was ¥724 million, up 24.3%.」
As revenue returned to growth, operating income, ordinary income, and quarterly net income attributable to owners of the parent all posted double-digit year-on-year growth. Overall gross margin also rose from 30.7% to 31.8%. - FY2022-Q3AdvancedAnnual report
「As a result, revenue was ¥41,281 million, down 8.1% year on year; operating income was ¥2,396 million, up 16.0%; ordinary income was ¥2,526 million, up 17.2%; and quarterly net income attributable to owners of the parent was ¥1,753 million, up 24.4%.」
For the nine-month cumulative period, revenue declined, while operating income, ordinary income, and net income attributable to owners of the parent increased year on year, indicating improved profitability despite the decline in revenue. - FY2022-Q2AdvancedAnnual report
「As a result, revenue was ¥27,571 million, down 8.6% year on year; operating income was ¥1,668 million, up 16.1%; ordinary income was ¥1,778 million, up 19.9%; and net income attributable to owners of the parent was ¥1,256 million, up 28.4%.」
While revenue declined 8.6% year on year, operating income increased 16.1%, ordinary income increased 19.9%, and quarterly net income attributable to owners of the parent increased 28.4%, driving improvement in profitability despite the decline in revenue. - FY2022-Q1AdvancedAnnual report
「As a result, revenue was ¥13,687 million, down 9.8% year on year; operating income was ¥807 million, up 16.9%; ordinary income was ¥855 million, up 16.0%; and net income attributable to owners of the parent was ¥583 million, up 0.7%.」
While revenue declined 9.8% year on year, operating income increased 16.9% and ordinary income increased 16.0%, indicating improved profitability despite the decline in revenue. - FY2021Improved gross margin, lower operating marginAnnual report
「Gross margin was 28.9%, up 0.7 percentage points from the previous consolidated fiscal year. Operating margin was 4.3%, down 1.0 percentage point from the previous consolidated fiscal year.」
While gross margin improved through a focus on high-value-added businesses and a decline in low-margin PC sales, operating margin fell as special demand subsided. - FY2021-Q3WorsenedAnnual report
「In addition to the end of special demand related to Windows 10 upgrades and IBM server replacements following the cessation of maintenance, which had continued through the previous fiscal year, the results for the nine months ended [the third quarter] were revenue of ¥44,938 million, down 11.8% year on year; operating income of ¥2,239 million, down 26.1%; ordinary income of ¥2,331 million, down 27.0%; and net income attributable to owners of the parent of ¥1,530 million, down 27.3%.」
The end of special demand reduced revenue, operating income, ordinary income, and net income attributable to owners of the parent year on year. - FY2021-Q2WorsenedAnnual report
「As a result, for the six months ended [the second quarter] of the fiscal year, revenue was ¥30,155 million, down 12.9% year on year; operating income was ¥1,561 million, down 23.4%; ordinary income was ¥1,608 million, down 24.4%; and net income attributable to owners of the parent was ¥1,065 million, down 22.6%.」
The end of special demand related to Windows 10 upgrades and IBM server replacements reduced revenue, operating income, ordinary income, and net income attributable to owners of the parent year on year. - FY2021-Q1WorsenedAnnual report
「As a result, revenue was ¥15,180 million, down 6.7% year on year; operating income was ¥775 million, down 16.6%; ordinary income was ¥822 million, down 16.5%; and net income attributable to owners of the parent was ¥637 million, down 0.9%.」
The first quarter saw declines in revenue, operating income, ordinary income, and net income attributable to owners of the parent, reflecting the impact of the end of the high level of replacement demand that continued from the previous year. The company, however, says that excluding temporary demand, revenue and profit remain on an upward trend. - FY2020-Q3AdvancedAnnual report
「As a result, revenue was ¥50,947 million, up 19.0% year on year; operating income was ¥3,032 million, up 51.2%; ordinary income was ¥3,195 million, up 50.1%; and net income attributable to owners of the parent was ¥2,106 million, up 44.3%, producing record-high profit for a six-month cumulative period for the second consecutive period.」
For the nine-month cumulative period, revenue, operating income, ordinary income, and net income attributable to owners of the parent all exceeded the year-earlier levels, producing record-high profit following the six-month cumulative period. - FY2020-Q2AdvancedAnnual report
「As a result, revenue was ¥34,613 million, up 22.3% year on year; operating income was ¥2,037 million, up 50.3%; ordinary income was ¥2,127 million, up 47.6%; and net income attributable to owners of the parent was ¥1,377 million, up 37.7%, producing record-high profit for a six-month cumulative period.」
Revenue, operating income, ordinary income, and net income attributable to owners of the parent all increased year on year, producing record-high profit for a six-month cumulative period. - FY2020-Q1AdvancedAnnual report
「As a result, cumulative first-quarter revenue was ¥16,279 million, up 16.6% year on year; operating profit was ¥929 million, up 39.1%; ordinary profit was ¥984 million, up 33.3%; and quarterly net profit attributable to owners of the parent was ¥643 million, up 20.8%.」
As revenue increased, operating income, ordinary income, and net income attributable to owners of the parent also increased year on year, with profitability continuing to improve. - FY2019-Q3AdvancedAnnual report
「As a result, for the nine months ended [the third quarter] of the fiscal year, revenue was ¥42,829 million, down 11.5% year on year; operating income was ¥2,005 million, up 27.8%; ordinary income was ¥2,129 million, up 34.1%; and net income attributable to owners of the parent was ¥1,459 million, up 44.2%.」
While the sale of Iguazu caused revenue to decline 11.5% year on year, operating income increased 27.8%, ordinary income increased 34.1%, and net income attributable to owners of the parent increased 44.2%, driving improvement in profitability despite the decline in revenue. - FY2019-Q1AdvancedAnnual report
「For the cumulative first quarter, revenue was ¥13,961 million, down 31.1% year on year; operating profit was ¥668 million, up 37.9%; ordinary profit was ¥738 million, up 38.9%; and quarterly net profit attributable to owners of the parent was ¥532 million, up 75.6%.」
While the sale of Iguazu reduced revenue, operating income, ordinary income, and net income attributable to owners of the parent increased year on year, indicating improved profitability despite the decline in revenue. - FY2018AdvancedAnnual report
「Through ongoing initiatives to improve profitability, including ECO System Cloud Services, which provide customers with services in the cloud by combining the optimal solutions; system development, which is delivering higher quality and greater efficiency through rapid development; and cloud security operations and monitoring services, which combine advanced security technologies with a system operations center, the gross profit margin was 25.7%, up 4.1 percentage points from the previous consolidated fiscal year.」
Gross margin rose 4.1 percentage points year on year to 25.7%, driven by initiatives involving cloud services, accelerated development, and cloud security operations and monitoring services. - FY2018-Q3AdvancedAnnual report
「As a result, cumulative third-quarter revenue was ¥48,387 million, down 21.8% year on year; operating profit was ¥1,568 million, up 4.3%; ordinary profit was ¥1,588 million, up 3.0%; and quarterly net profit attributable to owners of the parent was ¥1,011 million, up 2.2%.」
While revenue declined 21.8% year on year, operating income increased 4.3%, ordinary income increased 3.0%, and net income attributable to owners of the parent increased 2.2%, with profitability continuing to improve despite the decline in revenue. - FY2018-Q2AdvancedAnnual report
「As a result, for the six months ended [the second quarter] of the fiscal year, revenue was ¥34,386 million, down 16.3% year on year; operating income was ¥1,051 million, up 9.5%; ordinary income was ¥1,082 million, up 11.6%; and net income attributable to owners of the parent was ¥660 million, up 4.4%.」
While revenue declined 16.3% year on year, operating income increased 9.5%, ordinary income increased 11.6%, and net income attributable to owners of the parent increased 4.4%, indicating continued improvement in profitability despite the decline in revenue. - FY2018-Q1AdvancedAnnual report
「For the three months ended [the first quarter] of the fiscal year, revenue was ¥20,249 million, down 1.9% year on year; operating income was ¥484 million, up 43.0%; ordinary income was ¥531 million, up 44.4%; and net income attributable to owners of the parent was ¥303 million, up 36.2%.」
While revenue declined year on year, operating income, ordinary income, and net income attributable to owners of the parent increased, driving improvement in profitability despite the decline in revenue. - FY2017AdvancedAnnual report
「Gross margin increased 0.3 percentage points from the previous consolidated fiscal year to 21.5%, reflecting initiatives such as accelerated development in system integration (SI), the remediation of unprofitable projects, and the internalisation of services across the business.」
Despite the decline in revenue, gross margin rose 0.3 percentage points to 21.5%, driven by accelerated development, the remediation of unprofitable projects, and the internalisation of services. - FY2017-Q3AdvancedAnnual report
「As a result, for the nine months ended [the third quarter] of the fiscal year, revenue was ¥61,893 million, down 4.2% year on year; operating income was ¥1,503 million, up 24.0%; ordinary income was ¥1,541 million, up 36.7%; and net income attributable to owners of the parent was ¥990 million, up 275.6%.」
While revenue declined year on year, operating income, ordinary income, and net income attributable to owners of the parent all increased, driving continued improvement in profitability. - FY2017-Q2AdvancedAnnual report
「As a result, for the six-month period ended in the second quarter, revenue was ¥41,106 million, down 7.0% year on year; operating profit was ¥959 million, up 5.9%; ordinary profit was ¥970 million, up 11.5%; and profit attributable to owners of the parent was ¥632 million, an increase of ¥581 million year on year.」
While revenue declined year on year, operating income, ordinary income, and net income attributable to owners of the parent exceeded the year-earlier levels. - FY2017-Q1WorsenedAnnual report
「For the first quarter cumulative consolidated period, revenue was ¥20,648 million, down 6.0% year on year; operating profit was ¥338 million, down 18.7%; and ordinary profit was ¥368 million, down 15.7%.」
Following a period in which operating profit increased despite lower revenue in the previous fiscal year, revenue, operating profit and ordinary profit all declined year on year in the current quarter. The company explained that results were broadly in line with the plan for the current fiscal year. - FY2016First statedAnnual report
「As a result of initiatives such as high-speed development in systems integration (SI), remediation of unprofitable projects and efforts to bring services in-house across the business, the gross margin increased by 1.4 percentage points from the previous consolidated fiscal year to 21.2%.」
While revenue declined 6.3% year on year, the gross margin increased by 1.4 percentage points to 21.2%, and operating profit rose 6.1% year on year.