Lower Revenue and Profit in the Transport Business Due to the Discontinuation of Delivery Routes for General Shippers
First written in FY2018-Q1. 2 of 5 entries say "Reframed", first in FY2018. Latest entry: FY2025.
Hob moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 6 of 28 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「In the consolidated fiscal year, revenue fell below the previous fiscal year as the company reviewed and consolidated its contracted operations.」
The explanation has changed from the discontinuation of delivery routes for general cargo customers to declining revenue due to the review and consolidation of contracted operations. - FY2018ReframedAnnual report
「In the consolidated fiscal year, revenue increased because the company newly began providing delivery services for general cargo customers, but profit declined as the group consolidated deliveries and took other measures to improve efficiency by reviewing its operating structure.」
The explanation has changed from declining revenue due to the discontinuation of delivery routes for existing general cargo customers to increased revenue from new customers and lower profit due to a review of the operating structure. - FY2018-Q3WorsenedAnnual report
「During the third quarter of the current consolidated cumulative period, revenue declined slightly following the end of a delivery route for a general shipper. In addition, profit fell substantially because we reviewed and streamlined the group’s transportation structure. As a result, revenue from the transportation business was ¥64.518 million, down 0.9% year on year, and operating profit was ¥5.287 million, down 70.3%.」
The impact of discontinued delivery routes for general cargo customers continued, and operating profit fell 70.3% year on year as the company also reviewed and streamlined its transportation structure. - FY2018-Q2MitigatedAnnual report
「During the second quarter of the current consolidated cumulative period, we actively pursued delivery contracts from general shippers while centering operations in the Kanto region on deliveries of products for our group. However, the end of a delivery route for a general shipper caused both revenue and profit to fall below the levels of the same period of the previous year. As a result, revenue from the transportation business was ¥41.122 million, down 3.5% year on year, and operating profit was ¥2.310 million, down 76.9%.」
Although the impact of discontinued delivery routes remains, operating profit was ¥2.31 million, compared with an operating loss in the year-earlier quarter, while the decline in revenue was limited to 3.5%. - FY2018-Q1First statedAnnual report
「During the first quarter cumulative period, sales and profit fell below the previous year because a general shipper's delivery route was terminated. As a result, transport-business sales were ¥18,844 thousand, down 6.8% year on year, and the company recorded an operating loss of ¥1,682 thousand, compared with operating income of ¥3,325 thousand in the previous year.」
The termination of a general shipper's delivery route resulted in a 6.8% year-on-year decline in transport-business sales and an operating loss of ¥1,682 thousand.