Transition to Operating Profitability and to a Management Structure Capable of Generating Stable Earnings
First written in FY2017-Q1. 21 of 26 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2019: 12 of 77 companies on the "Worse" side.
44 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company achieved all earnings targets under Medium-Term Management Plan 2025 except the 3-year average ROE target, with actual ROE of 9.3% against a target of at least 10%, and also achieved annual operating profit of ¥2 billion, a milestone for the Company.」
In the final year of Medium-Term Management Plan 2025, the Company achieved annual operating profit of ¥2 billion and all earnings targets except ROE. Specific results were presented concerning the formation of a stable earnings structure. - FY2025-H1RestatedAnnual report
「As a result, revenue for the interim consolidated accounting period was ¥22,116 million, up 9.4% year on year; operating profit was ¥839 million, down 10.7%; ordinary profit was ¥979 million, down 10.7%; and interim net profit attributable to owners of the parent was ¥672 million, down 11.1%.」
Operating profit, ordinary profit and interim net profit remained positive, and the theme of pursuing a transition to a stable earnings structure continued. However, profit levels were below those of the same period of the previous year. - FY2023-Q3AdvancedAnnual report
「Under these circumstances, the Group continued to coordinate supply and demand between partner companies and customers and, in the final year of Medium-Term Management Plan 2022, worked to strengthen its earnings base through the plan's basic themes, established to create a sustainable competitive advantage: enhancing differentiated technologies and cost competitiveness, and taking on the challenge of building new business models. As a result, operating profit for the 9-month period ended 31 December was ¥1,474 million, ordinary profit was ¥1,448 million and quarterly net income attributable to owners of the parent was ¥991 million.」
In the final year of Medium-Term Management Plan 2022, the Group worked on its 2 basic themes and supply-demand coordination, and reported operating profit of ¥1,474 million, ordinary profit of ¥1,448 million and quarterly net income attributable to owners of the parent of ¥991 million. - FY2023-Q2AdvancedAnnual report
「Our group worked to adjust supply and demand between partner companies and customers and, through the 2 basic themes of Medium-Term Management Plan 2022, established to create a sustainable competitive advantage, worked to strengthen its earnings base in the plan's final year. As a result, revenue for the 6-month period ended 30 September was ¥18,606 million, up 6.9% year on year, operating income was ¥929 million, up 44.8%, ordinary income was ¥905 million, up 39.2%, and net income attributable to owners of the parent was ¥590 million, up 26.3%.」
In the final year of Medium-Term Management Plan 2022, while implementing supply-demand coordination and the 2 basic themes, the Group reported operating profit of ¥929 million, ordinary profit of ¥905 million and quarterly net income attributable to owners of the parent of ¥590 million. - FY2023-Q1AdvancedAnnual report
「Under these circumstances, the Group worked to coordinate supply and demand between partner companies and customers and, in the final year of Medium-Term Management Plan 2022, worked to complete its basic themes, established to create a sustainable competitive advantage: enhancing differentiated technologies and cost competitiveness, and taking on the challenge of building new business models. As a result, sales for the 3-month period ended 30 June were ¥9,162 million, up 4.1% year on year, operating profit was ¥438 million, up 11.7%, ordinary profit was ¥316 million, down 23.0%, and quarterly net income attributable to owners of the parent was ¥136 million, down 52.4%.」
In the final year of Medium-Term Management Plan 2022, the Group worked on its 2 basic themes and supply-demand coordination, and operating profit increased 11.7% year on year to ¥438 million. Ordinary profit and net income were below the same period of the previous year, and the Company did not state that the plan's targets had been achieved. - FY2022AdvancedAnnual report
「In its second year, fiscal 2021, operating profit was ¥1.34 billion, exceeding the planned figure of ¥1 billion plus additional upside.」
In the second year of Medium-Term Management Plan 2022, the Company reported operating profit of ¥1.34 billion, exceeding the planned figure of ¥1 billion plus additional upside. For the full year, operating profit was ¥1,342 million and net income attributable to owners of the parent was ¥1,031 million. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, our group worked to adjust supply and demand between partner manufacturers and customers while pursuing the 2 basic themes of Medium-Term Management Plan 2022: refining differentiated technologies and cost competitiveness, and pursuing the construction of a new business model. As a result, revenue for the 9-month period ended 31 December was ¥26,354 million, compared with ¥29,013 million in the same period of the previous year, operating income was ¥902 million, up 177.2% year on year, ordinary income was ¥983 million, up 479.3%, and net income attributable to owners of the parent was ¥732 million, compared with a net loss attributable to owners of the parent of ¥598 million in the same period of the previous year.」
While working on the themes of Medium-Term Management Plan 2022, the Group reported operating profit of ¥902 million, ordinary profit of ¥983 million and quarterly net income attributable to owners of the parent of ¥732 million, improving from a net loss in the same period of the previous year to profitability. - FY2022-Q2AdvancedAnnual report
「The Group worked to coordinate supply and demand between partner manufacturers and customers and pursued the basic themes of Medium-Term Management Plan 2022, established to create a sustainable competitive advantage: enhancing differentiated technologies and cost competitiveness, and taking on the challenge of building new business models. As a result, sales for the 6-month period ended 30 September were ¥17,403 million, compared with ¥18,711 million in the same period of the previous year, operating profit was ¥641 million, compared with an operating loss of ¥21 million, ordinary profit was ¥651 million, compared with an ordinary loss of ¥163 million, and quarterly net income attributable to owners of the parent was ¥467 million, compared with a quarterly net loss attributable to owners of the parent of ¥901 million.」
While working on the themes of Medium-Term Management Plan 2022, the Group reported operating profit of ¥641 million, ordinary profit of ¥651 million and quarterly net income attributable to owners of the parent of ¥467 million, improving from losses in the same period of the previous year. - FY2021AdvancedAnnual report
「As a result, revenue for the fiscal year was ¥39,985 million, down 8.1% year on year; operating profit was ¥635 million, down 50.1%; ordinary profit was ¥505 million, down 56.0%; and net profit attributable to owners of the parent was ¥12 million, down 97.7%.」
The Company returned from an operating loss for the 6-month period to operating profitability for the full year, but profit levels declined year on year, and the Company did not state that the transition to a stable earnings structure had been completed. - FY2021-Q2WorsenedAnnual report
「As a result, revenue for the first six months of the fiscal year was ¥18,711 million, down 13.4% year on year; operating loss was ¥21 million, compared with operating profit of ¥651 million in the same period of the previous year; ordinary loss was ¥163 million, compared with ordinary profit of ¥554 million; and quarterly net loss attributable to owners of the parent was ¥901 million, compared with quarterly net profit attributable to owners of the parent of ¥504 million.」
Although the Company had targeted a transition to a stable earnings structure, it reported an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent for the 6-month period, indicating a deterioration in earnings from the immediately preceding annual period's profitability. - FY2020AdvancedAnnual report
「Under Medium-Term Management Plan 2019, which began in fiscal 2017, the Group set targets of cumulative consolidated operating profit of ¥1.95 billion over 3 years and ROE of at least 3.5% at the end of fiscal 2019. At the end of the consolidated fiscal year, cumulative consolidated operating profit over 3 years was ¥2.4 billion and ROE was 5.7%, achieving both targets.」
For the medium-term management plan concerning a return to operating profitability and a transition to a profitable structure, cumulative operating profit over 3 years was ¥2.4 billion and ROE was 5.7%, achieving the numerical targets that had been set. - FY2020-Q3AdvancedAnnual report
「As the final year of Medium-Term Management Plan 2019, the Group focused on completing the stated policy of business selection and elimination and on activities to build strengths to reinforce its future management foundation, while pursuing steady order-taking and improvement activities. As a result, sales for the 9-month period ended 31 December were ¥32,651 million, down 3.0% year on year, operating profit was ¥1,017 million, up 80.2%, ordinary profit was ¥867 million, up 103.7%, and quarterly net income attributable to owners of the parent was ¥796 million, up 210.4%.」
In the final year of Medium-Term Management Plan 2019, the Group continued business selection and elimination, strength-building, and order-taking and improvement activities, and reported operating profit of ¥1,017 million, ordinary profit of ¥867 million and quarterly net income attributable to owners of the parent of ¥796 million. - FY2020-Q2AdvancedAnnual report
「As the final year of Medium-Term Management Plan 2019, the Group focused on completing the stated policy of business selection and elimination and on activities to build strengths to reinforce its future management foundation, while pursuing steady order-taking and improvement activities. As a result, sales for the 6-month period ended 30 September were ¥21,613 million, down 2.1% year on year, operating profit was ¥651 million, up 86.7%, ordinary profit was ¥554 million, up 204.3%, and quarterly net income attributable to owners of the parent was ¥504 million, up 523.8%.」
In the final year of Medium-Term Management Plan 2019, the Group continued business selection and elimination, strength-building, and order-taking and improvement activities, and reported operating profit of ¥651 million, ordinary profit of ¥554 million and quarterly net income attributable to owners of the parent of ¥504 million. - FY2020-Q1AdvancedAnnual report
「As the final year of Medium-Term Management Plan 2019, the Group focused on completing the stated policy of business selection and elimination and on activities to build strengths to reinforce its future management foundation, while pursuing steady order-taking and improvement activities. As a result, sales for the 3-month period ended 30 June were ¥10,804 million, down 1.7% year on year, operating profit was ¥302 million, up 51.2%, ordinary profit was ¥240 million, up 608.2%, and quarterly net income attributable to owners of the parent was ¥260 million, compared with a quarterly net loss attributable to owners of the parent of ¥65 million in the same period of the previous year.」
In the final year of Medium-Term Management Plan 2019, the Group continued business selection and elimination, strength-building, and order-taking and improvement activities, and reported operating profit of ¥302 million, ordinary profit of ¥240 million and quarterly net income attributable to owners of the parent of ¥260 million. - FY2019AdvancedAnnual report
「Under Medium-Term Management Plan 2019, which began in fiscal 2017, the Group has worked toward cumulative consolidated operating profit of ¥1.95 billion over 3 years and ROE of at least 3.5% at the end of fiscal 2019. At the end of the consolidated fiscal year, cumulative consolidated operating profit over 2 years was ¥1.14 billion, progressing almost in line with the plan.」
For Medium-Term Management Plan 2019, cumulative operating profit of ¥1.14 billion over 2 years was assessed as being almost in line with the 3-year target of ¥1.95 billion, with progress shown numerically. - FY2019-Q3RestatedAnnual report
「Under these circumstances, based on the medium-term management plan formulated in the previous consolidated fiscal year, the Group pursued a transition to a high-profitability structure through business rebalancing, steady improvement activities to strengthen its foundations, and exploratory activities for the next medium-term management plan. As a result, sales for the 9-month period ended 31 December were ¥33,647 million, up 3.2% year on year, operating profit was ¥564 million, down 5.8%, ordinary profit was ¥425 million, down 12.0%, and quarterly net income attributable to owners of the parent was ¥256 million, down 61.9%.」
Business rebalancing, improvement activities and exploratory activities for the next medium-term management plan are continuing. Operating profit, ordinary profit and quarterly net income attributable to owners of the parent were positive, but all declined year on year. - FY2019-Q2AdvancedAnnual report
「Under these circumstances, based on the medium-term management plan formulated in the previous consolidated fiscal year, the Group pursued a transition to a high-profitability structure through business rebalancing, focused its activities on areas to be expanded as strengths, and engaged in steady order-taking and improvement activities as well as exploratory activities for the next medium-term management plan. As a result, sales for the 6-month period ended 30 September were ¥22,078 million, up 5.3% year on year, operating profit was ¥348 million, up 10.8%, ordinary profit was ¥182 million, up 4.0%, and quarterly net income attributable to owners of the parent was ¥80 million, down 76.8%.」
As a result of continued business rebalancing, concentration on areas of strength, and order-taking and improvement activities under the medium-term management plan, the Company reported operating profit of ¥348 million, ordinary profit of ¥182 million and quarterly net income attributable to owners of the parent of ¥80 million, returning to profitability from the net loss in FY2019-Q1. The Company did not state that the transition to a stable earnings structure had been completed. - FY2019-Q1RestatedAnnual report
「Under these circumstances, based on the medium-term management plan formulated in the previous consolidated fiscal year, the Group pursued a transition to a high-profitability structure through business rebalancing, focused its activities on areas to be expanded as strengths, and pursued steady order-taking and improvement activities. As a result, sales for the 3-month period ended 30 June were ¥10,995 million, up 4.4% year on year, operating profit was ¥200 million, up 2.3%, ordinary profit was ¥33 million, down 62.9%, and quarterly net loss attributable to owners of the parent was ¥65 million, compared with quarterly net income attributable to owners of the parent of ¥310 million in the same period of the previous year.」
Business rebalancing, concentration on areas in which the Group has strengths, and order-taking and improvement activities under the medium-term management plan are continuing. Operating profit was ¥200 million, but ordinary profit was ¥33 million and quarterly net loss attributable to owners of the parent was ¥65 million. The Company did not state that the transition to a stable earnings structure had been completed. - FY2018AdvancedAnnual report
「Based on the policies of business selection and elimination and a focus on profit-generating activities set out in the medium-term management plan that began in the current consolidated fiscal year, the Group pursued business rebalancing, steady order-taking and improvement activities to strengthen its foundations. As a result, sales for the consolidated fiscal year were ¥43,791 million, up 13.9% year on year, operating profit was ¥497 million, up 73.7%, ordinary profit was ¥496 million, compared with an ordinary loss of ¥167 million in the previous period, and net income attributable to owners of the parent was ¥598 million, up 263.8%.」
As a result of the order-taking and improvement activities conducted under the policies of the medium-term management plan, operating profit, ordinary profit and net income attributable to owners of the parent were all positive. The Company did not state that the transition to a stable earnings structure had been completed. - FY2018-Q3AdvancedAnnual report
「Under these circumstances, the Group pursued steady order-taking and improvement activities based on the policies of business selection and elimination and a focus on profit-generating activities set out in the medium-term management plan that began in the current consolidated fiscal year. As a result, sales for the 9-month period ended 31 December were ¥32,601 million, up 15.8% year on year, operating profit was ¥599 million, up 161.0%, ordinary profit was ¥484 million, compared with an ordinary loss of ¥855 million in the same period of the previous year, and net income attributable to owners of the parent was ¥672 million, compared with a quarterly net loss attributable to owners of the parent of ¥641 million in the same period of the previous year.」
Under the order-taking and improvement activities conducted under the policies of the medium-term management plan, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all improved from losses or low levels in the same period of the previous year. - FY2018-Q2AdvancedAnnual report
「Under the new medium-term management plan, the Group thoroughly translated the policies of business selection and elimination and a focus on profit-generating activities into individual business strategies and pursued steady order-taking and improvement activities in line with the plan. As a result, sales for the 6-month period ended 30 September were ¥20,977 million, up 14.9% year on year, operating profit was ¥314 million, up 569.7%, ordinary profit was ¥175 million, compared with an ordinary loss of ¥858 million in the same period of the previous year, and net income attributable to owners of the parent was ¥348 million, compared with a quarterly net loss of ¥701 million in the same period of the previous year.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent were all positive under the order-taking and improvement activities conducted under the new medium-term management plan. - FY2018-Q1AdvancedAnnual report
「Under these circumstances, the Group launched a new medium-term management plan beginning in fiscal 2017 and pursued steady order-taking and improvement activities based on the policies of business selection and elimination and a focus on profit-generating activities. As a result, sales for the 3-month period ended 30 June were ¥10,532 million, up 17.3% year on year, operating profit was ¥195 million, compared with operating profit of ¥10 million in the previous period, ordinary profit was ¥91 million, compared with an ordinary loss of ¥261 million in the previous period, and net income attributable to owners of the parent was ¥310 million, compared with a net loss attributable to owners of the parent of ¥254 million in the previous period.」
Under the policies of the new medium-term management plan, operating profit increased from ¥10 million in the same period of the previous year to ¥195 million, ordinary profit changed from an ordinary loss of ¥261 million to ordinary profit of ¥91 million, and quarterly net income attributable to owners of the parent changed from a loss to profit of ¥310 million. The Company did not state that the transition to a stable earnings structure had been completed. - FY2017AdvancedAnnual report
「Under these circumstances, the Group pursued steady efforts to strengthen its foundations under the slogans of business selection and elimination and a focus on profit-generating activities. As a result, sales for the consolidated fiscal year were ¥38,431 million, down 9.2% year on year, and operating profit was ¥286 million, compared with an operating loss of ¥386 million in the previous period.」
As a result of continued improvement activities, operating profit changed from a loss of ¥386 million in the previous period to profit of ¥286 million. However, ordinary loss was ¥167 million, and the Company did not state that the transition to a stable earnings structure had been completed. - FY2017-Q3AdvancedAnnual report
「Under these circumstances, the Group pursued steady improvement activities under the slogans of business selection and elimination and a focus on profit-generating activities. As a result, sales for the 9-month period ended 31 December were ¥28,150 million, down 14.1% year on year, and operating profit was ¥229 million, compared with an operating loss of ¥272 million in the previous period. However, ordinary loss was ¥855 million, compared with an ordinary loss of ¥776 million in the previous period, partly because further yen appreciation increased foreign exchange losses outside operating income, and net loss attributable to owners of the parent was ¥641 million, compared with a net loss attributable to owners of the parent of ¥240 million in the previous period.」
Under the measures of business selection and elimination and a focus on profit-generating activities, operating profit changed from a loss of ¥272 million in the same period of the previous year to profit of ¥229 million. The Company did not state that the transition to a stable earnings structure had been completed. - FY2017-Q2AdvancedAnnual report
「As a result, sales for the 6-month period ended 30 September were ¥18,258 million, down 18.3% year on year, and operating profit was ¥47 million, compared with an operating loss of ¥260 million in the previous period, marking a return to operating profitability. However, the yen's appreciation against foreign currencies also resulted in foreign exchange losses outside operating income, mainly from translating the balance of intercompany loans into yen. Ordinary loss was ¥858 million, compared with an ordinary loss of ¥354 million in the previous period, and net loss attributable to owners of the parent was ¥701 million, compared with net income attributable to owners of the parent of ¥101 million in the previous period.」
Under the measures of business selection and elimination and a focus on profit-generating activities, operating profit changed from a loss of ¥260 million in the previous year to profit of ¥47 million. However, the Company did not state that the transition to a stable earnings structure had been completed. - FY2017-Q1First statedAnnual report
「Against this backdrop, to achieve a return to operating profitability and transform the Group into an organization capable of generating stable earnings, we have pursued steady improvement activities under the slogans “select and eliminate businesses” and “focus on activities that generate earnings.”」
The Company set a return to operating profitability and a transition to a management structure capable of generating stable earnings as explicit targets, using business selection and elimination and a focus on profit-generating activities as its means. It reported operating profit of ¥10 million for the quarter, but did not state that the transition to a stable earnings structure had been completed.