Profit Growth Amid Flat Sales
First written in FY2016. 5 of 45 entries say "Advanced", first in FY2025. Latest entry: 2026-11-10.
The whole theme swung hardest in 2020: 29 of 120 companies on the "Worse" side.
24 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Net sales were ¥155,958 million, up 10.8% from the previous consolidated fiscal year. In terms of earnings, operating income rose 48.3% to ¥14,691 million as the increase in cost of sales was kept below the rate of sales growth. Accordingly, ordinary income rose 47.1% to ¥15,574 million, and net income attributable to owners of the parent rose 59.8% to ¥11,194 million.」
For FY2026, net sales were ¥170,013 million, operating income was ¥17,125 million, ordinary income was ¥17,983 million, and net income attributable to owners of the parent was ¥13,133 million, continuing the upward trend in sales and earnings. - FY2026-H1AdvancedAnnual report
「The Company has steadily pursued opportunities to capture new demand from urban redevelopment, data centres and renewable energy-related projects. During the interim consolidated accounting period, the Group's net sales and operating profit exceeded the year-earlier period in every segment.」
In the interim period, net sales were ¥78,491 million, up 14.9% year on year, operating income was ¥7,284 million, up 24.4%, ordinary income was ¥7,739 million, up 21.2%, and interim net income attributable to owners of the parent was ¥5,218 million, up 15.2%, continuing the upward trend in sales and earnings. - FY2025AdvancedAnnual report
「Net sales were ¥155,958 million, up 10.8% from the previous consolidated fiscal year. In terms of earnings, operating income rose 48.3% to ¥14,691 million as the increase in cost of sales was kept below the rate of sales growth. Accordingly, ordinary income rose 47.1% to ¥15,574 million, and net income attributable to owners of the parent rose 59.8% to ¥11,194 million.」
For FY2025, net sales, operating income, ordinary income and net income attributable to owners of the parent all exceeded the previous fiscal year, continuing the upward trend in sales and earnings. - FY2025-H1Revenue and profit continued to increaseAnnual report
「Net sales were ¥68,343 million, up 7.3% year on year, as sales grew steadily across all segments against a backdrop of favorable construction demand, including new construction projects associated with redevelopment centered on major cities, renewal projects undertaken with carbon neutrality in mind, and data center demand. In terms of earnings, operating income rose 61.9% year on year to ¥5,856 million as gross profit increased steadily in line with the rise in net sales. Accordingly, ordinary income rose 56.6% to ¥6,385 million, and interim net income attributable to owners of the parent rose 70.2% to ¥4,531 million.」
Net sales, operating income, ordinary income and interim net income attributable to owners of the parent all increased year on year, with the upward trend in sales and earnings since FY2023 continuing in the interim period. - FY2024Revenue and profit continued to increaseAnnual report
「Net sales were ¥140,732 million, up 11.1% from the previous consolidated fiscal year. In terms of earnings, selling, general and administrative expenses, including personnel expenses, increased due to the base-pay increase, but gross profit rose steadily in line with the increase in net sales. Operating income therefore rose 28.1% to ¥9,905 million, ordinary income rose 29.5% to ¥10,585 million, and net income attributable to owners of the parent rose 33.9% to ¥7,004 million, resulting in substantial earnings growth.」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all exceeded the previous fiscal year, with the upward trend in sales and earnings since FY2023 continuing in the full-year results. - FY2024-Q3Revenue and profit continued to increaseAnnual report
「Net sales were ¥101,116 million, up 15.3% year on year, as sales grew steadily, particularly in the construction segment, against a backdrop of a favorable order environment. In terms of earnings, gross profit increased steadily in line with the rise in net sales. Despite implementing a base-pay increase, operating income rose 52.3% year on year to ¥6,699 million. Accordingly, ordinary income rose 49.9% to ¥7,360 million, and quarterly net income attributable to owners of the parent rose 55.6% to ¥4,917 million.」
During the cumulative third quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the same period of the previous fiscal year, continuing the upward trend in sales and earnings since FY2023-Q1. - FY2024-Q2Revenue and profit continued to increaseAnnual report
「Net sales were ¥63,721 million, up 15.7% year on year, as sales grew steadily, particularly in the construction segment, against a backdrop of a favorable order environment. In terms of earnings, gross profit increased steadily in line with the rise in net sales. Despite implementing a base-pay increase, operating income rose 37.5% year on year to ¥3,616 million. Accordingly, ordinary income rose 37.7% to ¥4,078 million, and quarterly net income attributable to owners of the parent rose 38.9% to ¥2,662 million.」
During the cumulative second quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the same period of the previous fiscal year. The disclosure also states that the company implemented a base-pay increase amid continued growth in sales and earnings. - FY2024-Q1Higher revenue and profitAnnual report
「Net sales were ¥27,732 million, up 17.0% year on year, as sales grew steadily across all segments against the backdrop of solid construction demand. Operating profit was ¥331 million, up 155.2%, as the increase in net sales led to steady gross profit generation. Ordinary profit was ¥526 million, up 75.8%, and quarterly net profit attributable to owners of the parent was ¥256 million, up 78.4%.」
In FY2024-Q1, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, continuing the recovery and growth trend through the previous fiscal year. - FY2023-Q3Revenue and profit continued to increaseAnnual report
「Net sales were ¥87,666 million, up 14.2% year on year, as sales grew steadily, particularly in the construction segment, against the backdrop of favourable ordering conditions. Operating profit was ¥4,398 million, up 24.5%, as the increase in net sales led to steady gross profit generation. Ordinary profit was ¥4,911 million, up 24.2%, and quarterly net profit attributable to owners of the parent was ¥3,161 million, up 24.5%.」
During the cumulative third quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, confirming the continued increase in sales and earnings since FY2023-Q1 and Q2. - FY2023-Q2Higher revenue and profitAnnual report
「Net sales were ¥55,095 million, up 13.0% year on year, as sales grew steadily, particularly in the construction segment, against the backdrop of favourable ordering conditions. Operating profit was ¥2,639 million, up 15.6%, as the increase in net sales led to steady gross profit generation. Ordinary profit was ¥2,969 million, up 17.0%, and quarterly net profit attributable to owners of the parent was ¥1,917 million, up 17.7%.」
Net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year, confirming the continued increase in sales and earnings since FY2023-Q1. - FY2023-Q1Higher revenue and profitAnnual report
「Net sales were ¥23,698 million, up 12.4% year on year, as sales grew steadily, particularly in the construction segment, against the backdrop of favourable ordering conditions. Operating profit was ¥133 million, up 22.1%, as the increase in net sales led to steady gross profit generation. Ordinary profit was ¥303 million, up 26.9%, and quarterly net profit attributable to owners of the parent was ¥143 million, up 29.7%.」
Net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased from the same period of the previous fiscal year. - FY2022Slight increase in sales, increase in operating and ordinary income, decline in net incomeAnnual report
「Although the order environment was favorable, some construction projects experienced delays in commencement and progress due to the nationwide semiconductor supply shortage, and net sales therefore increased only 0.4% to ¥110,120 million from the previous consolidated fiscal year. In terms of earnings, sales in the product sales business, which is relatively large in scale but has low margins, declined, while the construction business remained solid. Despite higher selling, general and administrative expenses, including personnel expenses, operating income rose 2.0% to ¥6,297 million. Ordinary income rose 4.6% to ¥7,120 million, due partly to the recognition of foreign exchange gains. However, as the previous fiscal year included a gain on the sale of investment securities under extraordinary income, net income attributable to owners of the parent declined 1.5% to ¥4,724 million.」
For the full year, net sales increased only 0.4%, while operating income and ordinary income increased. Net income attributable to owners of the parent declined due partly to the absence of the gain on the sale of investment securities recorded in the previous fiscal year. - FY2022-Q3Decline in sales and earnings, increase in gross profitAnnual report
「Net sales were ¥76,766 million, down 2.0% year on year, as some construction projects experienced delays in commencement and progress due to the nationwide semiconductor supply shortage. In terms of earnings, gross profit rose 2.0% year on year, but operating income declined 6.8% to ¥3,533 million due partly to higher personnel expenses and depreciation of the new core system, which began operating in December of the previous fiscal year, recorded in selling, general and administrative expenses. Accordingly, ordinary income declined 9.8% to ¥3,953 million, and quarterly net income attributable to owners of the parent declined 9.4% to ¥2,539 million.」
For the cumulative third quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all fell below the same period of the previous fiscal year. Meanwhile, gross profit rose 2.0% year on year, resulting in the coexistence of lower sales and higher gross profit. - FY2022-Q2Revenue and profit continued to declineAnnual report
「Net sales were ¥48,753 million, down 2.6% year on year, as some construction projects experienced delays in commencement and progress due to the impact of COVID-19. In terms of earnings, gross profit rose 2.1% year on year, but operating income declined 3.5% to ¥2,282 million due partly to higher personnel expenses and depreciation of the new core system, which began operating in December of the previous fiscal year, recorded in selling, general and administrative expenses. Accordingly, ordinary income declined 9.3% to ¥2,537 million, and quarterly net income attributable to owners of the parent declined 7.7% to ¥1,628 million.」
For the cumulative second quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all fell below the same period of the previous fiscal year. Although gross profit increased, the declining trend in sales and operating income that began in FY2022-Q1 continued. - FY2022-Q1Decline in Sales and EarningsAnnual report
「Net sales were ¥21,075 million, down 3.5% year on year, as some construction projects experienced delays in commencement and progress due to the impact of COVID-19. In terms of earnings, gross profit was nearly unchanged year on year, but operating income declined 53.0% to ¥109 million due partly to higher personnel expenses and depreciation of the new core system, which began operating in December of the previous fiscal year, recorded in selling, general and administrative expenses. Accordingly, ordinary income declined 38.2% to ¥239 million, and quarterly net income attributable to owners of the parent declined 44.0% to ¥110 million.」
From the previous period's situation of lower net sales and operating income but higher ordinary income and net income, the first quarter under review saw net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all fall below the same period of the previous fiscal year. - FY2021Decline in sales and operating income, continued increase in ordinary income and net incomeAnnual report
「Net sales were ¥109,650 million, down 6.4% from the previous consolidated fiscal year, due mainly to the impact of lower demand for short-lead-time projects in the product sales business resulting from the spread of COVID-19. In terms of earnings, gross profit increased as profit margins rose in both the product sales and construction businesses. However, operating income declined 4.5% to ¥6,176 million as selling, general and administrative expenses, including personnel expenses, increased. Meanwhile, ordinary income rose 1.4% to ¥6,806 million, mainly because no derivative loss was recorded in the current consolidated fiscal year, unlike in the previous consolidated fiscal year. Net income attributable to owners of the parent rose 0.7% to ¥4,795 million.」
For the full year, net sales and operating income fell below the previous fiscal year, while ordinary income and net income attributable to owners of the parent exceeded the previous fiscal year, confirming that the trend seen at the quarterly stage continued for the full year. - FY2021-Q3Decline in sales and operating income, continued increase in ordinary income and net incomeAnnual report
「Net sales were ¥78,338 million, down 6.6% year on year, due mainly to the impact of lower demand for short-lead-time projects in the product sales business resulting from the spread of COVID-19. In terms of earnings, gross profit increased as profit margins rose in both the product sales and construction businesses. However, operating income declined 6.9% year on year to ¥3,792 million as selling, general and administrative expenses, including personnel expenses, increased. Meanwhile, ordinary income rose 0.1% year on year to ¥4,383 million, mainly because no derivative loss was recorded in the cumulative third quarter under review, unlike in the same period of the previous fiscal year. Quarterly net income attributable to owners of the parent rose 0.3% year on year to ¥2,804 million.」
For the cumulative third quarter, net sales and operating income fell below the same period of the previous fiscal year due to lower demand for short-lead-time projects and other factors. Meanwhile, ordinary income and quarterly net income attributable to owners of the parent exceeded the same period of the previous fiscal year, mainly because no derivative loss was recorded. - FY2021-Q2Decline in sales and operating income, continued increase in ordinary income and net incomeAnnual report
「Net sales were ¥50,041 million, down 8.1% year on year, due mainly to the impact of lower demand for short-lead-time projects in the product sales business resulting from the spread of COVID-19. In terms of earnings, gross profit increased as profit margins rose in both the product sales and construction businesses. However, operating income declined 5.6% year on year to ¥2,364 million as selling, general and administrative expenses, including personnel expenses, increased. Meanwhile, ordinary income rose 6.0% year on year to ¥2,795 million, mainly because no derivative loss was recorded in the cumulative second quarter under review, unlike in the same period of the previous fiscal year. Quarterly net income attributable to owners of the parent rose 5.9% year on year to ¥1,764 million.」
For the cumulative second quarter, net sales and operating income fell below the same period of the previous fiscal year due to lower demand for short-lead-time projects and other factors, while ordinary income and quarterly net income attributable to owners of the parent exceeded the same period of the previous fiscal year because no derivative loss was recorded. The cumulative figures confirm the direction of earnings that has continued since FY2021-Q1. - FY2021-Q1Decline in sales and operating income, increase in ordinary income and net incomeAnnual report
「Net sales were ¥21,849 million, down 13.9% year on year, due mainly to the impact of lower demand for short-lead-time projects in the product sales business resulting from the spread of COVID-19. In terms of earnings, gross profit increased as profit margins rose in both the product sales and construction businesses. However, operating income declined 23.7% year on year to ¥233 million as selling, general and administrative expenses, including personnel expenses, increased. Ordinary income rose 13.9% year on year to ¥387 million, mainly because no derivative loss was recorded in the cumulative first quarter under review, unlike in the same period of the previous fiscal year. Net income attributable to owners of the parent rose 24.1% year on year to ¥197 million.」
Net sales and operating income fell below the same period of the previous fiscal year, against a backdrop of lower demand for short-lead-time projects and other factors stemming from the spread of COVID-19. Ordinary income and quarterly net income attributable to owners of the parent exceeded the same period of the previous fiscal year, mainly because no derivative loss was recorded. - FY2020Revenue and profit continued to increaseAnnual report
「Revenue was ¥117,141 million, up 13.0% from the previous consolidated fiscal year. In line with the increase in revenue, operating profit was ¥6,464 million, up 18.8%, and ordinary profit was ¥6,714 million, up 14.8%. Net income attributable to owners of the parent was ¥4,763 million, up 18.3%.」
For FY2020, net sales, operating income, ordinary income and net income attributable to owners of the parent all exceeded the previous fiscal year, continuing the upward trend in sales and earnings since FY2017. - FY2020-Q3Revenue and profit continued to increaseAnnual report
「Net sales were ¥83,879 million, up 15.9% year on year, reflecting the inclusion within the scope of consolidation of I.B. Technos Co., Ltd., whose shares were acquired at the beginning of the fiscal year, and its two subsidiaries, as well as increased sales in the merchandise sales business. In line with the increase in net sales, operating profit was ¥4,075 million, up 16.7% year on year, and ordinary profit was ¥4,379 million, up 14.5%. Net profit attributable to owners of the parent was ¥2,794 million, up 10.5%.」
In the nine months ended the third quarter, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, representing a recovery from the decline in profit in FY2020-Q1. - FY2020-Q2Higher revenue and profitAnnual report
「Revenue was ¥54,426 million, up 21.4% year on year. In line with the increase in revenue, operating profit was ¥2,505 million, up 19.3%, and ordinary profit was ¥2,636 million, up 14.0%. Quarterly net income attributable to owners of the parent was ¥1,666 million, up 10.0%.」
In the six months ended the second quarter, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year. - FY2020-Q1Sales Increase and Profit DeclineAnnual report
「Net sales were ¥25,383 million, up 22.2% year on year, reflecting the inclusion within the scope of consolidation of I.B. Technos Co., Ltd., whose shares were acquired at the beginning of the fiscal year, and its two subsidiaries, as well as increased sales in the merchandise sales business. Operating profit was ¥305 million, down 63.4% year on year, and ordinary profit was ¥339 million, down 64.9%, due to the impact of the completion of a large, high-margin project in the first quarter of the previous fiscal year. Net profit attributable to owners of the parent was ¥159 million, down 72.9%.」
After the trend of higher revenue and profit that had continued through the previous year, revenue increased in the three months ended the first quarter, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent decreased. - FY2019Revenue and profit continued to increaseAnnual report
「Revenue was ¥103,670 million, up 11.9% from the previous consolidated fiscal year. Operating profit was ¥5,442 million, up 21.5%; ordinary profit was ¥5,851 million, up 22.8%; and net income attributable to owners of the parent was ¥4,026 million, up 29.4%.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous year's results, with the trend of higher revenue and profit since FY2017 continuing in the full-year results. - FY2019-Q3Revenue and profit continued to increaseAnnual report
「Net sales were ¥72,355 million, up 13.2% year on year. Operating profit was ¥3,492 million, up 64.1% year on year, and ordinary profit was ¥3,824 million, up 60.1%. Net profit attributable to owners of the parent was ¥2,528 million, up 71.2%.」
In the nine months ended the third quarter, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, continuing the upward trend through the previous quarter. - FY2019-Q2Revenue and profit continued to increaseAnnual report
「Net sales were ¥44,837 million, up 10.5% year on year. Operating profit was ¥2,100 million, up 39.4% year on year, and ordinary profit was ¥2,312 million, up 39.1%. Net profit attributable to owners of the parent was ¥1,514 million, up 47.6%.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, continuing the upward trend through the previous quarter. - FY2019-Q1Higher sales, return to profitabilityAnnual report
「Net sales were ¥20,775 million, up 18.2% year on year. Operating profit was ¥834 million, compared with an operating loss of ¥182 million in the year-earlier period, and ordinary profit was ¥969 million, compared with an ordinary loss of ¥88 million. Net profit attributable to owners of the parent was ¥588 million, compared with a quarterly net loss attributable to owners of the parent of ¥148 million.」
From the previous year's situation of higher revenue and a narrower operating loss, revenue increased further in the three months ended the first quarter, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent moved into positive territory. - FY2018Revenue and profit continued to increaseAnnual report
「As a result, revenue for the consolidated fiscal year was ¥92,646 million, up 7.7% from the previous consolidated fiscal year; operating profit was ¥4,479 million, up 18.1%; ordinary profit was ¥4,764 million, up 15.7%; and net income attributable to owners of the parent was ¥3,111 million, up 12.2%.」
For the full year, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous year's results, continuing the upward trend from the previous year. - FY2018-Q3Revenue and profit continued to increaseAnnual report
「Net sales were ¥63,891 million, up 10.6% year on year. Operating profit was ¥2,128 million, up 15.8% year on year, and ordinary profit was ¥2,388 million, up 9.9%. Net profit attributable to owners of the parent was ¥1,477 million, up 6.2%.」
Following the six months ended the second quarter, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year in the nine months ended the third quarter. - FY2018-Q2Higher net sales, operating income and ordinary income, lower net incomeAnnual report
「Net sales were ¥40,585 million, up 9.2% year on year. Operating profit was ¥1,506 million, up 3.1% year on year, and ordinary profit was ¥1,662 million, up 0.6%. Net profit attributable to owners of the parent was ¥1,025 million, down 5.2%.」
Revenue, operating income and ordinary income increased year on year, while net income attributable to owners of the parent decreased. - FY2018-Q1Higher sales, narrower operating loss, wider net lossAnnual report
「Revenue was ¥17,576 million, up 18.5% year on year. Operating loss was ¥182 million, compared with a loss of ¥261 million in the same period of the previous year, and ordinary loss was ¥88 million, compared with a loss of ¥160 million. Net loss for the quarter attributable to owners of the parent was ¥148 million, compared with a loss of ¥134 million in the same period of the previous year.」
Revenue increased year on year, and operating and ordinary losses narrowed, while quarterly net loss attributable to owners of the parent widened. - FY2017Higher revenue and profitAnnual report
「As a result, revenue for the consolidated fiscal year was ¥86,046 million, up 11.2% from the previous consolidated fiscal year; operating profit was ¥3,792 million, up 10.1%; ordinary profit was ¥4,116 million, up 15.7%; and net income attributable to owners of the parent was ¥2,774 million, up 21.3%.」
For the full year, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous year's results, confirming through the full-year results the upward trend seen at the quarterly stage. - FY2017-Q3Revenue and profit continued to increaseAnnual report
「Net sales were ¥57,782 million, up 10.0% year on year. Operating profit was ¥1,838 million, up 12.4% year on year, and ordinary profit was ¥2,172 million, up 17.7%. Net profit attributable to owners of the parent was ¥1,390 million, up 28.2%.」
Following the six months ended the second quarter, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year in the nine months ended the third quarter. - FY2017-Q2Higher revenue and profitAnnual report
「Net sales were ¥37,159 million, up 10.6% year on year, reflecting contributions from the Company's Kyushu Branch, which was absorbed at the beginning of the fiscal year, and Totech Hokkaido Co., Ltd., which became a consolidated subsidiary at the end of the previous fiscal year. Operating profit was ¥1,461 million, up 40.0% year on year, and ordinary profit was ¥1,651 million, up 44.0%. Net profit attributable to owners of the parent was ¥1,082 million, up 68.7%.」
Following the previous quarter's increase in revenue and wider losses, revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased in the six months ended the second quarter. - FY2017-Q1Revenue increased; losses increasedAnnual report
「Revenue was ¥14,830 million, up 10.9% year on year, reflecting the contribution of the company's Kyushu branch, which was absorbed at the beginning of the fiscal year, and Totech Hokkaido Co., Ltd., which became a consolidated subsidiary at the end of the previous fiscal year. On the other hand, operating loss was ¥261 million, compared with a loss of ¥190 million in the same period of the previous year, and ordinary loss was ¥160 million, compared with a loss of ¥95 million. Net loss for the quarter attributable to owners of the parent was ¥134 million, compared with a loss of ¥120 million in the same period of the previous year.」
From the previous year's situation of flat sales and higher profit, revenue increased 10.9% in the current quarter, while operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened. - FY2016First statedAnnual report
「As a result, revenue for the consolidated fiscal year was ¥77,360 million, up 0.6% year on year. Ordinary profit was ¥3,557 million, up 11.9%, and net income attributable to owners of the parent was ¥2,288 million, up 40.0%.」
While revenue growth was limited, ordinary profit and net income attributable to owners of the parent increased from the previous year.