The company’s revenue for the nine-month period fell to ¥19.71 billion, down from ¥20.61 billion during the same timeframe a year earlier. This contraction in the top line coincided with a total reversal in operating income, which moved from a modest profit into a substantial deficit.

A Sharp Reversal in Profitability

According to the financial report, the health of the Tokyo-listed firm took a significant hit across its primary earnings indicators. The shift from profitability to a heavy loss reflects a challenging operational environment for the company during the three quarters of the fiscal year.

Key financial highlights for the nine-month period include:

• Operating profit plummeted from a ¥67.00 million gain to an ¥849.00 million loss.
• Pretax profit swung from a ¥514.00 million surplus to a negative ¥387.00 million.
• Net earnings per share dropped to a loss of ¥217.65, compared to a positive ¥15.97 in the prior year.

The results, which are based on Japanese accounting standards, underscore a volatile period for Origin Co. Ltd. While the previous fiscal year maintained narrow but positive margins, the current trajectory indicates a significant widening of losses as the company approaches its fiscal year-end.