Declining revenue and profit, and lower margins, in the core apparel business
First written in FY2017. 10 of 33 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2027-H1.
Takihyo moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「As a result, revenue for the interim consolidated accounting period was ¥31,682 million, down 0.4% year on year, operating profit was ¥748 million, down 33.0%, and ordinary profit was ¥776 million, down 32.0%.」
Revenue declined 0.4% year on year, operating profit declined 33.0% and ordinary profit declined 32.0%, with revenue, operating profit and ordinary profit all below the same period of the previous year. Meanwhile, interim net income increased due to gains on the sale of fixed assets and other factors. - FY2026-H1AdvancedAnnual report
「As a result of these initiatives, revenue for the interim consolidated accounting period was ¥31,799 million, up 12.0% year on year, operating profit was ¥1,117 million, up 121.2%, ordinary profit was ¥1,141 million, up 107.6%, and interim net income attributable to owners of the parent was ¥929 million, up 116.6%.」
Revenue and profit increased during the interim consolidated accounting period, with revenue, operating profit, ordinary profit and interim net income exceeding the same period of the previous year. - FY2025AdvancedAnnual report
「Revenue was ¥60,633 million, up 5.0% from the previous fiscal year, operating profit was ¥1,312 million, up 85.1%, ordinary profit was ¥1,358 million, up 71.7%, and net income attributable to owners of the parent was ¥1,107 million, up 44.0%. The company achieved results exceeding the targets set out in the “Revitalize Plan (Plan to Restore Profitability).”」
Revenue and profit increased for the full fiscal year, with operating profit, ordinary profit and net income exceeding the previous fiscal year. - FY2025-H1AdvancedAnnual report
「Segment profit or loss (△) △ 178 61」
The presentation indicates that segment income for the apparel and textile-related business turned from a loss of ¥178 million in the same period of the previous year to profit of ¥61 million. - FY2025-Q1AdvancedAnnual report
「As a result, revenue for the cumulative first quarter was ¥15,426 million, up 5.2% year on year, operating profit was ¥655 million, up 57.6%, ordinary profit was ¥678 million, up 52.0%, and net income attributable to owners of the parent was ¥555 million, up 2.7%.」
Revenue and profit increased in the first quarter, with revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeding the same period of the previous year. - FY2024AdvancedAnnual report
「Revenue for the consolidated fiscal year declined to ¥57,736 million, down 6.6% from the previous fiscal year, while operating profit was ¥708 million, up 650.5%, ordinary profit was ¥791 million, up 160.6%, and net income attributable to owners of the parent was ¥769 million, compared with a net loss of ¥282 million in the previous fiscal year. All three profit figures increased.」
Although revenue declined, operating profit was ¥708 million, ordinary profit was ¥791 million and net income was ¥769 million, representing an improvement in earnings from the previous year's operating profit of ¥94 million, ordinary profit of ¥303 million and net loss of ¥282 million. - FY2024-Q3AdvancedAnnual report
「As a result, revenue for the cumulative third quarter was ¥44,142 million, down 7.9% year on year, operating profit was ¥1,025 million, up 316.6%, ordinary profit was ¥1,121 million, up 140.3%, and net income attributable to owners of the parent was ¥1,112 million, up 579.7%.」
Although revenue declined, operating profit, ordinary profit and quarterly net income attributable to owners of the parent each improved substantially from the same period of the previous year. - FY2024-Q2AdvancedAnnual report
「Revenue declined to ¥23,764 million, down 7.9% year on year, but the operating loss narrowed to ¥178 million, compared with an operating loss of ¥575 million in the same period of the previous year, an improvement of ¥396 million. The company will continue working toward further improvement in the third quarter, the peak period for autumn and winter shipments.」
The apparel and textile-related business recorded lower revenue, but the operating loss narrowed by ¥396 million from the same period of the previous year as the gross profit margin continued to improve. - FY2024-Q1AdvancedAnnual report
「As a result of these initiatives, revenue for the cumulative first quarter remained broadly in line with the previous year at ¥14,660 million, down 0.1% year on year. Alongside the improvement in gross profit margin to 22.8%, up 4.0 percentage points year on year, operating profit was ¥415 million, compared with an operating loss of ¥87 million in the same period of the previous year, and ordinary profit was ¥446 million, up ¥421 million year on year, marking a return to profitability. Quarterly net income attributable to owners of the parent was ¥540 million, compared with a net loss of ¥36 million in the same period of the previous year, due in part to the recognition as extraordinary income of a gain on the sale of fixed assets at an overseas facility slated for closure.」
Although revenue was broadly unchanged from the previous year, the gross profit margin improved 4.0 percentage points year on year to 22.8%, and the company recorded operating profit of ¥415 million, ordinary profit of ¥446 million and quarterly net income of ¥540 million. Operating and net losses in the same period of the previous year turned into profits. - FY2023AdvancedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥61,813 million, up 15.0% from the previous fiscal year. Improvements in the gross profit margin, which rose 2.4 percentage points to 19.1%, resulted in operating profit of ¥94 million, compared with an operating loss of ¥2,231 million in the previous fiscal year, and ordinary profit of ¥303 million, compared with an ordinary loss of ¥2,015 million. Losses were substantially reduced and the company returned to profitability.」
Annual revenue increased and the gross profit margin improved to 19.1%. Operating income changed from a loss of ¥2,231 million in the previous fiscal year to profit of ¥94 million, while ordinary income changed from a loss of ¥2,015 million to profit of ¥303 million. - FY2023-Q3AdvancedAnnual report
「<Apparel and textile-related business> As a result of these initiatives, revenue was ¥43,619 million, up 15.4% year on year, and the operating loss was ¥136 million, compared with an operating loss of ¥1,258 million in the same period of the previous year.」
Revenue increased in the core apparel and textile-related business, while the operating loss narrowed from ¥1,258 million in the same period of the previous year to ¥136 million. - FY2023-Q2Revenue growth and narrower operating lossAnnual report
「As a result of these initiatives, revenue for the cumulative first quarter was ¥25,790 million, up 10.5% year on year, and the operating loss was ¥575 million, compared with an operating loss of ¥774 million in the same period of the previous year.」
Revenue in the apparel and textile-related business increased 10.5% year on year, while the operating loss narrowed from ¥774 million to ¥575 million. - FY2023-Q1WorsenedAnnual report
「Revenue for the cumulative first quarter was ¥14,676 million, up 4.8% year on year, but the gross profit margin declined. The operating loss was ¥87 million, compared with operating profit of ¥126 million in the same period of the previous year, ordinary profit was ¥24 million, down 87.6% year on year, and quarterly net loss attributable to owners of the parent was ¥36 million, compared with net income of ¥135 million.」
Although revenue increased, the decline in gross profit margin resulted in a return to an operating loss, and the company recorded a quarterly net loss attributable to owners of the parent. - FY2022WorsenedAnnual report
「In addition, selling, general and administrative expenses, including logistics and property-related costs, increased 8.4% year on year to ¥12,007 million as revenue increased. As a result, the operating loss was ¥2,228 million, compared with an operating loss of ¥1,018 million in the previous fiscal year, the ordinary loss was ¥2,012 million, compared with an ordinary loss of ¥770 million, and the net loss attributable to owners of the parent was ¥2,025 million, compared with a net loss of ¥1,121 million.」
Although revenue increased, the operating loss, ordinary loss and net loss each widened from the previous fiscal year. - FY2022-Q3WorsenedAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥43,271 million, up 14.8% year on year. Meanwhile, operating loss was ¥923 million, compared with an operating loss of ¥543 million in the same period of the previous year, ordinary loss was ¥751 million, compared with an ordinary loss of ¥399 million, and quarterly net loss attributable to owners of the parent was ¥989 million, compared with a net loss of ¥710 million. The results reflected lower gross profit margins due to higher raw material prices, the weakening yen, higher ocean freight rates and the shift of production to China, as well as higher logistics costs associated with increased revenue.」
Although revenue increased 14.8% year on year, the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent each widened from the same period of the previous year. - FY2022-Q2Revenue growth and narrower losses, but no return to profitabilityAnnual report
「Revenue for the cumulative second quarter of the current consolidated fiscal year was ¥26,903 million, up 17.1% year on year. However, operating loss was ¥548 million, compared with an operating loss of ¥699 million in the same period of the previous year, ordinary loss was ¥449 million, compared with an ordinary loss of ¥632 million, and quarterly net loss attributable to owners of the parent was ¥563 million, compared with a net loss of ¥726 million. Losses narrowed, but the company did not return to profitability, mainly because of higher raw material prices, excess capacity resulting from the forced shift of production back to China due to lockdowns in ASEAN countries, and higher costs caused by customers' demands for shorter lead times and lower prices.」
Revenue increased and the operating, ordinary and net losses narrowed, but operating income and the other income figures remained in the red. - FY2022-Q1Revenue growth and operating profit and other figures return to profitabilityAnnual report
「For the group as a whole, revenue was ¥14,650 million, up 25.0% year on year, operating profit was ¥124 million, compared with an operating loss of ¥173 million in the same period of the previous year, ordinary profit was ¥195 million, compared with an ordinary loss of ¥142 million, and quarterly net income attributable to owners of the parent was ¥132 million, compared with a net loss of ¥249 million.」
States that revenue increased year on year and operating income, ordinary income and quarterly net income attributable to owners of the parent each turned from losses to profits. - FY2021-Q3WorsenedAnnual report
「The company continued to face difficulties in order-taking and sales activities. As a result, revenue was ¥37,696 million, down 19.8% year on year, while operating loss was ¥543 million, compared with operating profit of ¥410 million in the same period of the previous year, ordinary loss was ¥399 million, compared with ordinary profit of ¥483 million, and quarterly net loss attributable to owners of the parent was ¥710 million, compared with profit of ¥383 million.」
Order-taking and sales activities remained challenging, resulting in a 19.8% decline in revenue, while operating income, ordinary income and quarterly net income each turned from profits in the same period of the previous year to losses. - FY2021-Q2WorsenedAnnual report
「The company also continued to face difficulties in order-taking and sales activities. As a result, revenue was ¥22,970 million, down 21.9% year on year, while operating loss was ¥699 million, compared with operating profit of ¥3 million in the same period of the previous year, ordinary loss was ¥632 million, compared with ordinary profit of ¥45 million, and quarterly net loss attributable to owners of the parent was ¥726 million, compared with profit of ¥80 million.」
Order-taking and sales activities remained challenging, resulting in a 21.9% decline in revenue, while operating income, ordinary income and quarterly net income attributable to owners of the parent each turned from profits in the same period of the previous year to losses. - FY2021-Q1Significant revenue decline and a return to an operating lossAnnual report
「However, the impact of requests to refrain from going out and reduced business hours and temporary closures at commercial facilities accompanying the spread of COVID-19 was substantial. As order-taking and sales activities became extremely challenging, revenue was limited to ¥11,718 million, down 26.1% year on year. Selling, general and administrative expenses declined 9.1% year on year due to lower logistics costs, business travel expenses resulting from company-wide teleworking initiatives, and other factors. However, this was insufficient to offset the decline in gross profit accompanying lower revenue. The operating loss was ¥173 million, compared with operating profit of ¥262 million in the same period of the previous year, the ordinary loss was ¥142 million, compared with ordinary profit of ¥274 million, and the quarterly net loss attributable to owners of the parent was ¥249 million, compared with net income of ¥215 million.」
States that revenue declined 26.1% due to the impact of COVID-19, and operating income, ordinary income and quarterly net income attributable to owners of the parent each turned from profits in the same period of the previous year to losses. - FY2020Lower revenue and a return to an operating loss, but net income returned to profitabilityAnnual report
「As a result, consolidated revenue for the fiscal year was ¥60,274 million, down 7.0% from the previous fiscal year, including a ¥740 million decline attributable to the impact of COVID-19. In terms of earnings, the operating loss was ¥103 million, compared with operating profit of ¥101 million in the previous fiscal year, and ordinary profit was ¥1 million, down 99.3% from the previous fiscal year, due to the impact of lower revenue. Net income attributable to owners of the parent was ¥45 million, as the impact of the ¥1,507 million impairment loss recorded in the previous consolidated fiscal year was no longer present, compared with a net loss of ¥1,621 million in the previous fiscal year.」
Revenue fell 7.0% from the previous fiscal year, and operating income turned from profit in the previous fiscal year to a loss, while ordinary profit was ¥1 million and net income attributable to owners of the parent was ¥45 million. - FY2020-Q3Operating, ordinary and net income remain profitable and increaseAnnual report
「In terms of profitability, operating profit was ¥410 million, up 6.7% year on year, and ordinary profit was ¥483 million, up 0.4%, due to an improved gross profit margin, lower selling, general and administrative expenses, and contributions from affiliated subsidiaries. Quarterly net income attributable to owners of the parent was ¥383 million, as the impact of the ¥1,376 million impairment loss recorded in the same period of the previous year was no longer present, compared with a net loss of ¥1,284 million in the same period of the previous year.」
Although revenue fell 7.6% year on year, operating and ordinary profit increased, while quarterly net income attributable to owners of the parent turned from a loss in the same period of the previous year to a profit of ¥383 million. - FY2020-Q2Operating, ordinary and net income return to profitabilityAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥29,404 million, down 9.0% year on year. Meanwhile, improvements in product margins and reductions in selling, general and administrative expenses resulted in operating profit of ¥3 million, compared with an operating loss of ¥121 million in the same period of the previous year, ordinary profit of ¥45 million, compared with an ordinary loss of ¥40 million, and profit attributable to owners of the parent of ¥80 million, compared with a net loss of ¥64 million.」
Although revenue continued to decline, operating profit, ordinary profit and quarterly net income attributable to owners of the parent turned from losses in the same period of the previous year to profits. - FY2020-Q1Lower sales and lower operating incomeAnnual report
「As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥15,863 million, down 11.3% year on year. Although the company improved product margins and reduced selling, general and administrative expenses, these measures did not offset the impact of lower revenue. Operating profit was ¥262 million, down 40.8% year on year, ordinary profit was ¥274 million, down 41.9%, and profit attributable to owners of the parent was ¥215 million, down 32.7%.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent remained positive, but revenue and each of these profit figures declined year on year. - FY2019Return to operating and ordinary profitability, but net loss recordedAnnual report
「Revenue for the current consolidated fiscal year was ¥64,815 million, down 10.9% from the previous fiscal year. Although temperatures exceeded normal levels in March and April and early-summer products performed well, sales of products targeting younger women in the women's apparel segment remained weak from the second quarter onward, in addition to the effects of typhoons, heavy rain, a warm winter and other weather-related factors. At the same time, improvements in the gross profit margin from reviewing low-margin products and efforts to reduce selling, general and administrative expenses resulted in operating profit of ¥101 million, an increase of ¥1,250 million from the previous fiscal year, when the company recorded an operating loss of ¥1,148 million, and ordinary profit of ¥209 million, an increase of ¥1,309 million, compared with an ordinary loss of ¥1,099 million in the previous fiscal year.」
Although revenue continued to decline, improved gross profit margin and lower selling, general and administrative expenses resulted in operating and ordinary profits. Meanwhile, net loss attributable to owners of the parent was ¥1,621 million due to impairment losses and other factors. - FY2019-Q3Operating and ordinary profit return to the blackAnnual report
「Revenue was ¥50,842 million, down 9.5% year on year, but due to improved gross profit margin and lower selling, general and administrative expenses, operating profit was ¥384 million, an increase of ¥752 million from the same period of the previous year, when the company recorded an operating loss of ¥368 million. Ordinary profit was ¥481 million, an increase of ¥764 million, compared with an ordinary loss of ¥282 million in the same period of the previous year.」
Although revenue declined, improved gross profit margin and lower selling, general and administrative expenses resulted in a return to profitability, with operating profit of ¥384 million and ordinary profit of ¥481 million, from operating and ordinary losses in the same period of the previous year. - FY2019-Q2Losses narrowed but the company did not return to profitabilityAnnual report
「The operating loss was ¥121 million, compared with a loss of ¥817 million in the same period of the previous year, and the ordinary loss was ¥40 million, compared with a loss of ¥734 million. Although the losses narrowed, the company did not return to profitability.」
Operating and ordinary losses narrowed from the same period of the previous year, but the company had not returned to profitability for the cumulative second quarter. - FY2019-Q1Operating and ordinary profit return to the blackAnnual report
「Revenue was ¥17,886 million, down 4.1% year on year, but operating profit was ¥443 million, compared with an operating loss of ¥93 million in the same period of the previous year, and ordinary profit was ¥472 million, compared with an ordinary loss of ¥45 million, due to improved gross profit margin and lower selling, general and administrative expenses.」
Although revenue declined, improved gross profit margin and lower selling, general and administrative expenses resulted in a return to profitability from the operating and ordinary losses recorded in the same period of the previous year. - FY2018WorsenedAnnual report
「Revenue was ¥72,751 million, down 6.7% from the previous fiscal year. Due to the decline in gross profit margin, the operating loss was ¥1,148 million, compared with operating profit of ¥1,101 million in the previous fiscal year, and the ordinary loss was ¥1,099 million, compared with ordinary profit of ¥1,089 million in the previous fiscal year.」
States that revenue declined and operating and ordinary income turned from the previous year's profits to losses. Net income attributable to owners of the parent was ¥1,959 million, supported by a gain on the sale of fixed assets. - FY2018-Q3WorsenedAnnual report
「However, the measures taken had not yet produced results during the cumulative third quarter of the current consolidated fiscal year. Revenue was ¥56,207 million, down 7.6% year on year, while the decline in the gross profit margin resulted in an operating loss of ¥368 million, compared with operating profit of ¥1,642 million in the same period of the previous year, and an ordinary loss of ¥282 million, compared with ordinary profit of ¥1,640 million.」
States that restructuring efforts have yet to produce results, revenue fell 7.6% year on year, and operating and ordinary income turned from profits in the same period of the previous year to losses. - FY2018-Q2WorsenedAnnual report
「Amid these circumstances, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥34,779 million, down 9.4% year on year. Despite efforts to improve the gross profit margin and reduce selling, general and administrative expenses, the company recorded an operating loss of ¥817 million, compared with operating profit of ¥774 million in the same period of the previous year, and an ordinary loss of ¥734 million, compared with ordinary profit of ¥722 million.」
States that revenue fell 9.4% year on year and that operating and ordinary income swung from profit to loss. - FY2018-Q1WorsenedAnnual report
「As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥18,655 million, down 11.7% year on year. Despite containing selling, general and administrative expenses, the decline in the gross profit margin resulted in an operating loss of ¥93 million, compared with operating profit of ¥908 million in the same period of the previous year, and an ordinary loss of ¥45 million, compared with ordinary profit of ¥840 million.」
Against a backdrop of weak performance in the core business, revenue fell 11.7% year on year, and the company swung to operating and ordinary losses. - FY2017First statedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥77,952 million, down 7.6% from the previous fiscal year. The decline in the gross profit margin resulted in operating profit of ¥1,101 million, down 56.2%, ordinary profit of ¥1,089 million, down 52.3%, and profit attributable to owners of the parent of ¥676 million, down 50.3%.」
States that revenue, operating profit, ordinary profit and net income attributable to owners of the parent each decreased from the previous fiscal year.