Performance Trend of Declining Revenue and Rising Earnings
First written in FY2017-Q1. 11 of 40 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2027-H1.
Sekichu moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 7 of 15 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2027-H1Shift to higher profit despite lower revenueAnnual report
「As a result, operating revenue for the interim accounting period under review was ¥15.814 billion, down 1.7% year on year. Operating profit was ¥637 million, up 21.7%; ordinary profit was ¥624 million, up 17.8%; and interim net income was ¥401 million, up 22.3%.」
The company changed from higher revenue and higher profit in the previous interim period to lower revenue and higher profit, with operating revenue down 1.7% while operating profit increased 21.7%, ordinary profit increased 17.8% and interim net profit increased 22.3%. - FY2026-H1Revenue and profit up, interim net profit downAnnual report
「As a result, operating revenue for the interim accounting period amounted to ¥16.094 billion, up 2.8% year on year. Operating income was ¥523 million, up 22.7%, ordinary income was ¥530 million, up 17.0%, and interim net income was ¥328 million, down 6.7%.」
Compared with lower revenue and earnings in the previous interim period, operating revenue, operating income, and ordinary income increased, resulting in higher revenue and earnings, while interim net income declined 6.7% year on year. - FY2025Higher revenue but lower earnings, with wider declines in operating income and other profit figuresAnnual report
「As a result, operating revenue for the fiscal year amounted to ¥31.479 billion, up 3.6% year on year. Operating income was ¥589 million, down 19.3%, ordinary income was ¥618 million, down 22.3%, and net income was ¥494 million, down 3.3%.」
Operating revenue increased 3.6%, while operating income fell 19.3%, ordinary income fell 22.3%, and net income fell 3.3%, resulting in higher revenue but lower earnings. - FY2025-H1Higher revenue but lower earnings continued, with wider declines in operating income and other profit figuresAnnual report
「As a result, operating revenue for the interim accounting period amounted to ¥15.653 billion, up 1.7% year on year. Operating income was ¥426 million, down 29.7%, ordinary income was ¥453 million, down 29.1%, and interim net income was ¥351 million, down 20.3%.」
Operating revenue increased 1.7% year on year, while operating income fell 29.7%, ordinary income fell 29.1%, and interim net income fell 20.3%, resulting in higher revenue but lower earnings for the second consecutive quarter after FY2025-Q1. - FY2025-Q1Shifted to revenue growth and profit declineAnnual report
「As a result, operating revenue for the cumulative first quarter amounted to ¥7.784 billion, up 2.0% year on year. Operating income was ¥275 million, down 25.0%, ordinary income was ¥283 million, down 25.7%, and quarterly net income was ¥200 million, down 25.7%, resulting in higher revenue but lower earnings.」
From lower revenue and earnings in the same period of the previous year, the company shifted to higher revenue but lower earnings, with operating revenue up 2.0% year on year, while operating income fell 25.0%, ordinary income fell 25.7%, and quarterly net income fell 25.7%. - FY2024Lower revenue and earnings continued, with net income increasingAnnual report
「As a result, operating revenue for the fiscal year amounted to ¥30.381 billion, down 1.8% year on year. Operating income was ¥730 million, down 2.9%, ordinary income was ¥796 million, down 1.3%, and net income was ¥510 million, up 7.0%.」
Operating revenue, operating income, and ordinary income declined, while net income increased 7.0% year on year, turning to higher earnings. - FY2024-Q3Lower revenue and earnings continued, with some narrowing in the declines in profitAnnual report
「As a result, operating revenue for the cumulative third quarter amounted to ¥22.645 billion, down 1.5% year on year. Operating income was ¥680 million, down 19.8%, ordinary income was ¥728 million, down 18.9%, and quarterly net income was ¥500 million, down 12.3%.」
Lower revenue and earnings continued, with operating revenue down 1.5%, operating income down 19.8%, ordinary income down 18.9%, and quarterly net income down 12.3%. Compared with the previous quarter, the declines in operating income, ordinary income, and net income narrowed in part. - FY2024-Q2WorsenedAnnual report
「As a result, operating revenue for the cumulative second quarter amounted to ¥15.391 billion, down 1.1% year on year. Operating income was ¥606 million, down 20.0%, ordinary income was ¥639 million, down 19.4%, and quarterly net income was ¥441 million, down 16.4%.」
Operating revenue declined 1.1% year on year, while operating income fell 20.0%, ordinary income fell 19.4%, and quarterly net income fell 16.4%, with lower revenue and earnings continuing after lower revenue and higher earnings in the same period of the previous year. - FY2024-Q1WorsenedAnnual report
「As a result, operating revenue for the cumulative first quarter amounted to ¥7.629 billion, down 0.2% year on year. Operating income was ¥367 million, down 2.4%, ordinary income was ¥382 million, down 1.4%, and quarterly net income was ¥269 million, down 1.8%, resulting in a slight decline from the same period of the previous year.」
From lower revenue and higher earnings in the same period of the previous year, the company shifted in the current first quarter to lower revenue and earnings, with operating revenue, operating income, ordinary income, and quarterly net income all below the same period of the previous year. - FY2023Lower revenue but higher earnings continued, with a wider increase in profitAnnual report
「The Accounting Standard for Revenue Recognition and other standards have been applied from the beginning of the fiscal year. No comparison with the previous fiscal year has been made, but on a simple comparison of the current-year and previous-year results, net sales decreased 2.6% year on year, while operating income increased 30.4%, ordinary income increased 24.8%, and net income increased 159.9%.」
A formal year-on-year comparison has not been made because the accounting standard for revenue recognition and other standards were applied, but on a simple comparison, revenue declined while operating income, ordinary income, and net income increased. The growth rates for profit were higher for the full year than at the cumulative third-quarter stage. - FY2023-Q3Lower revenue and higher earnings continued, with the increase in earnings narrowingAnnual report
「The Accounting Standard for Revenue Recognition and other standards have been applied since the beginning of the first quarter accounting period, so no comparison with the same period of the previous year has been made. However, on a simple comparison of the current-period and previous-period results, operating revenue decreased 1.4% year on year, while operating income increased 18.8%, ordinary income increased 15.8%, and quarterly net income increased 44.1%.」
A formal year-on-year comparison has not been made because the accounting standard for revenue recognition was applied, but on a simple comparison, revenue declined while operating income, ordinary income, and quarterly net income increased. The growth rates for profit narrowed from the previous cumulative quarter, when operating income rose 19.3%, ordinary income 18.7%, and net income 55.1%. - FY2023-Q2Lower revenue but higher earnings continued, with a wider increase in profitAnnual report
「The Accounting Standard for Revenue Recognition and other standards have been applied since the beginning of the first quarter accounting period, so no comparison with the same period of the previous year has been made. However, on a simple comparison of the current-period and previous-period results, operating revenue decreased 1.3% year on year, while operating income increased 19.3%, ordinary income increased 18.7%, and quarterly net income increased 55.1%.」
A formal year-on-year comparison has not been made because the accounting standard for revenue recognition was applied, but on a simple comparison, revenue declined while operating income, ordinary income, and quarterly net income increased, with the increase in profit widening from the previous cumulative quarter. - FY2023-Q1WorsenedAnnual report
「The Accounting Standard for Revenue Recognition and other standards have been applied since the beginning of the first quarter accounting period, so no comparison with the same period of the previous year has been made. However, on a simple comparison of the current-period and previous-period results, operating revenue decreased 2.9% year on year, operating income decreased 18.9%, ordinary income decreased 19.1%, and quarterly net income decreased 15.1%.」
A formal year-on-year comparison has not been made because the accounting standard for revenue recognition was applied, but on a simple comparison, operating revenue, operating income, ordinary income, and quarterly net income all declined. - FY2022WorsenedAnnual report
「As a result, net sales for the fiscal year amounted to ¥31.12 billion, down 2.5% year on year. Operating income was ¥576 million, down 41.7%, ordinary income was ¥646 million, down 36.8%, and net income was ¥183 million, down 70.7%.」
Net sales and each profit figure declined for the full year against a backdrop of the reversal of special demand and renovation expenses, among other factors. Operating income fell 41.7% and net income fell 70.7%. - FY2022-Q3WorsenedAnnual report
「As a result, operating revenue for the cumulative third quarter amounted to ¥23.318 billion, down 4.7% year on year. Operating income was ¥714 million, down 42.8%, ordinary income was ¥776 million, down 39.8%, and net income was ¥395 million, down 54.4%.」
Lower revenue and earnings have continued, and the rates of decline in operating income, ordinary income, and quarterly net income have all worsened from the previous cumulative quarter. - FY2022-Q2WorsenedAnnual report
「As a result, operating revenue for the cumulative second quarter amounted to ¥15.769 billion, down 7.1% year on year. Operating income was ¥635 million, down 40.7%, ordinary income was ¥668 million, down 39.5%, and net income was ¥340 million, down 53.4%.」
Lower revenue and earnings have continued due to the reversal of special demand related to COVID-19 in the previous year, among other factors, and the declines in operating income, ordinary income, and quarterly net income have widened from the first quarter. - FY2022-Q1Lower revenue and earnings following the reversal of special demandAnnual report
「As a result, operating revenue for the cumulative first quarter amounted to ¥7.874 billion, down 4.9% year on year. Operating income was ¥464 million, down 8.8%, ordinary income was ¥479 million, down 9.4%, and net income was ¥323 million, down 11.4%. Compared with the same period of the previous year, when operating revenue and each profit figure rose substantially due to special demand, including stay-at-home demand during the COVID-19 pandemic, revenue and earnings declined, although performance has remained strong.」
Following revenue and earnings growth in the previous fiscal year, the current quarter shifted to lower revenue and earnings, with operating revenue down 4.9%, operating income down 8.8%, ordinary income down 9.4%, and quarterly net income down 11.4%. The company attributed the decline to the reversal of special demand related to COVID-19 in the same period of the previous year, while also stating that performance remained strong. - FY2021Revenue and profit growth continue, but profit growth slowsAnnual report
「As a result, net sales for the fiscal year amounted to ¥31.904 billion, up 5.9% year on year. Operating income was ¥989 million, up 110.9%, ordinary income was ¥1.023 billion, up 87.8%, and net income was ¥626 million, up 116.9%.」
Revenue and earnings growth was maintained for the full year, but operating income growth narrowed from 234.7% for the cumulative second quarter and 159.0% for the cumulative third quarter to 110.9%. - FY2021-Q3Revenue and profit growth continue, but profit growth slowsAnnual report
「As a result, operating revenue for the cumulative third quarter amounted to ¥24.475 billion, up 6.3% year on year. Operating income was ¥1.25 billion, up 159.0%, ordinary income was ¥1.289 billion, up 137.6%, and net income was ¥867 million, up 154.4%, resulting in higher revenue and earnings.」
Revenue and earnings growth has continued, but the growth rate narrowed from 10.2% to 6.3% for operating revenue and from 234.7% to 159.0% for operating income compared with the immediately preceding cumulative quarter, indicating a smaller increase. - FY2021-Q2Higher revenue and profit continued, with a wider increase in profitAnnual report
「As a result, operating revenue for the six months ended the second quarter was ¥16,981 million, up 10.2% year on year. Operating profit was ¥1,070 million, up 234.7%, ordinary profit was ¥1,103 million, up 205.4%, and quarterly net profit was ¥730 million, up 216.0%.」
Higher revenue and higher profit continued from the first quarter, with operating revenue up 10.2% year on year, operating profit up 234.7%, ordinary profit up 205.4% and quarterly net profit up 216.0%, widening profit growth. - FY2021-Q1Shift from lower revenue and higher profit to higher revenue and higher profit, with wider profit growthAnnual report
「As a result, operating revenue for the three months ended the first quarter was ¥8,280 million, up 7.6% year on year. Operating profit was ¥508 million, up 129.0%, ordinary profit was ¥529 million, up 108.2%, and quarterly net profit was ¥364 million, up 106.1%, resulting in higher revenue and higher profit.」
Results shifted from lower revenue and higher profit for the previous full year to higher revenue and higher profit in the first quarter, with operating revenue also up 7.6% year on year and profit growth widening, including a 129.0% increase in operating profit. - FY2020Lower revenue and higher profit continue, with net profit returning to the blackAnnual report
「As a result, sales for the fiscal year were ¥30,118 million, down 0.2% from the previous fiscal year. Operating profit was ¥468 million, up 37.7%, ordinary profit was ¥545 million, up 31.6%, and net profit was ¥288 million, compared with a net loss of ¥1,632 million in the previous fiscal year.」
While sales declined 0.2%, operating profit rose 37.7% and ordinary profit rose 31.6%, and net profit returned to the black at ¥288.748 million from a net loss in the previous fiscal year. - FY2020-Q3Shift to higher revenue and higher profit, with wider profit growthAnnual report
「As a result, operating revenue for the nine months ended the third quarter was ¥23,019 million, up 0.4% year on year. Operating profit was ¥482 million, up 121.6%, ordinary profit was ¥542 million, up 89.6%, and quarterly net profit was ¥340 million, up 90.0%, resulting in higher revenue and higher profit.」
After lower revenue but higher profit in the cumulative periods for the first and second quarters, the nine months ended the third quarter produced higher revenue and higher profit, with operating revenue also increasing 0.4%. The increase in operating profit widened to 121.6% year on year. - FY2020-Q2Lower revenue and higher profit continued, with the increase in operating profit wideningAnnual report
「As a result, operating revenue for the six months ended the second quarter was ¥15,404 million, down 1.7% year on year. Operating profit was ¥319 million, up 16.9%, ordinary profit was ¥361 million, up 9.6%, and quarterly net profit was ¥231 million, up 10.0%.」
Lower revenue and higher profit continued from the first quarter. Operating revenue declined 1.7%, while operating profit rose 16.9%, ordinary profit rose 9.6% and quarterly net profit rose 10.0%. - FY2020-Q1Shift to higher profit despite lower revenueAnnual report
「As a result, operating revenue for the three months ended the first quarter was ¥7,694 million, down 1.6% year on year. Operating profit was ¥222 million, up 0.8%, ordinary profit was ¥254 million, up 5.4%, and quarterly net profit was ¥176 million, up 8.9%, resulting in lower revenue and higher profit.」
Following the recording of a net loss in the previous full year, operating revenue in the first quarter declined 1.6%, while operating profit, ordinary profit and quarterly net profit increased, resulting in lower revenue and higher profit. - FY2019WorsenedAnnual report
「As a result, sales for the fiscal year were ¥30,164 million, down 3.8% from the previous fiscal year. Operating profit was ¥340 million, up 11.2%, and ordinary profit was ¥414 million, up 5.2%. The company reported a net loss of ¥1,632 million after recording an impairment loss of ¥2,052 million on certain stores and idle assets where lower profitability was expected, compared with net profit of ¥180 million in the previous fiscal year.」
Although operating profit and ordinary profit increased despite lower revenue, the company moved from net profit to a net loss of ¥1,632.439 million due to the impairment loss. - FY2019-Q3WorsenedAnnual report
「As a result, sales for the nine months ended the third quarter were ¥22,461 million, down 4.2% year on year. Operating profit was ¥217 million, down 9.7%, ordinary profit was ¥286 million, down 10.5%, and quarterly net profit was ¥179 million, down 5.2%, resulting in lower revenue and lower profit.」
Lower revenue and lower profit continued, and quarterly net profit, which had increased in the previous quarter's cumulative period, also turned to a 5.2% year-on-year decline. Sales and all profit measures continued to decrease. - FY2019-Q2Lower revenue and lower profit continued, with net profit the only increaseAnnual report
「As a result, sales for the six months ended the second quarter were ¥15,366 million, down 6.1% year on year. Operating profit was ¥273 million, down 7.5%, ordinary profit was ¥329 million, down 7.2%, and quarterly net profit was ¥210 million, up 1.0%.」
Although lower revenue and declines in operating profit and ordinary profit continued, quarterly net profit increased 1.0% year on year, marking a return to net profit growth. - FY2019-Q1Lower revenue and lower profit continued, with a wider decline in sales but mixed changes in profit declinesAnnual report
「As a result, sales for the three months ended the first quarter were ¥7,666 million, down 7.3% year on year. Operating profit was ¥220 million, down 9.4%, ordinary profit was ¥241 million, down 17.7%, and quarterly net profit was ¥162 million, down 12.9%, resulting in lower revenue and lower profit.」
Lower revenue and lower profit continued from the previous quarter. The decline in sales widened from 2.8% year on year to 7.3%. Meanwhile, the decline in operating profit narrowed from 18.5% to 9.4%, while the declines in ordinary profit and net profit widened. - FY2018WorsenedAnnual report
「As a result, sales for the fiscal year were ¥31,349 million, down 5.0% from the previous fiscal year. Operating profit was ¥306 million, down 62.7%, and ordinary profit was ¥393 million, down 59.1%. The company reported a net loss of ¥1,632 million, after recording an impairment loss of ¥2,052 million on certain stores and idle assets where lower profitability was expected, compared with net profit of ¥180 million in the previous fiscal year.」
The full year ended with lower revenue and lower profit, specifically showing declines in sales, operating profit, ordinary profit and net profit. - FY2018-Q3WorsenedAnnual report
「As a result, sales for the nine months ended the third quarter were ¥23,455 million, down 5.4% year on year. Operating profit was ¥241 million, down 63.2%, ordinary profit was ¥319 million, down 57.2%, and quarterly net profit was ¥189 million, down 60.4%, resulting in lower revenue and lower profit.」
Lower revenue and lower profit continued, with the declines widening to 5.4% for sales, 63.2% for operating profit, 57.2% for ordinary profit and 60.4% for quarterly net profit. - FY2018-Q2WorsenedAnnual report
「As a result, sales for the six months ended the second quarter were ¥16,372 million, down 3.3% year on year. Operating profit was ¥295 million, down 41.5%, ordinary profit was ¥355 million, down 36.7%, and quarterly net profit was ¥208 million, down 33.6%, resulting in lower revenue and lower profit.」
Lower revenue and lower profit continued from the previous quarter, with the declines in operating profit, ordinary profit and quarterly net profit widening in addition to the decline in sales. - FY2018-Q1Shift to lower revenue and profitAnnual report
「As a result, sales for the three months ended the first quarter were ¥8,271 million, down 2.8% year on year. Operating profit was ¥243 million, down 18.5%, ordinary profit was ¥293 million, down 10.2%, and quarterly net profit was ¥186 million, down 2.2%, resulting in lower revenue and lower profit.」
Results have changed from lower revenue but higher profit for the previous full year to lower revenue and lower profit this quarter, with sales, operating profit, ordinary profit and quarterly net profit all below the same period of the previous year. - FY2017ReframedAnnual report
「As a result, sales for the fiscal year were ¥33,007 million, down 0.7% year on year. Operating profit was ¥821 million, up 16.6%, ordinary profit was ¥962 million, up 10.6%, and net profit was ¥508 million, up 6.3%.」
The description of results has changed from the quarterly trend of higher revenue and higher profit to lower revenue but higher profit for the full year, with sales declining while operating profit, ordinary profit and net profit increased. - FY2017-Q3RestatedAnnual report
「Operating profit was ¥656 million, up 14.3%, ordinary profit was ¥748 million, up 4.8%, and quarterly net profit was ¥478 million, up 23.4%, resulting in higher revenue and higher profit.」
As in the previous quarter, sales, operating profit, ordinary profit and quarterly net profit all exceeded the same period of the previous year, resulting in higher revenue and higher profit. - FY2017-Q2ReframedAnnual report
「As a result, sales for the six months ended the second quarter were ¥16,930 million, up 0.1% year on year. Operating profit was ¥505 million, up 19.8%, ordinary profit was ¥561 million, up 7.0%, and quarterly net profit was ¥313 million, up 22.5%, resulting in higher revenue and higher profit.」
The description of results has changed from lower revenue but higher profit in the previous quarter to higher revenue and higher profit, with sales also increasing year on year. - FY2017-Q1First statedAnnual report
「As a result, sales for the three months ended the first quarter were ¥8,506 million, down 0.8% year on year. Operating profit was ¥298 million, up 12.2%, ordinary profit was ¥326 million, up 6.2%, and quarterly net profit was ¥190 million, up 5.4%, resulting in lower revenue but higher profit.」
Sales declined year on year, while operating profit, ordinary profit and quarterly net profit increased.