Review of Low-Margin Projects and Downsizing of Distribution Center Operations
First written in FY2016-Q3. 11 of 33 entries say "Advanced", first in FY2016-Q3. Latest entry: 2026-07-14.
0 other companies' latest entry also says "Advanced".
- FY2025WorsenedAnnual report
「The logistics outsourcing service posted a substantial loss after the company decided to integrate the Shinagawa Center into the Nagareyama Center as a fundamental measure to improve profitability and recognized an impairment loss.」
The logistics business shifted to a fundamental profitability improvement plan involving the integration of the Shinagawa Center into the Nagareyama Center, but posted a substantial annual loss due to the recognition of an impairment loss. - FY2025-H1WorsenedAnnual report
「Meanwhile, revenue from the logistics outsourcing service increased slightly as major customers expanded, but profit declined due to delays in improving the profitability of the new center.」
Revenue from the logistics business increased as major customers expanded, but profit declined due to delays in improving the profitability of the new center. - FY2024WorsenedAnnual report
「Meanwhile, the logistics outsourcing service posted lower revenue and profit due to the withdrawal from logistics center management services and other factors.」
The annual results confirmed lower revenue and profit due to the withdrawal from logistics center management services and other factors, and the outlook for the next period remains that “difficult conditions are expected to continue for the time being.” - FY2024-Q2RestatedAnnual report
「The logistics outsourcing service posted lower revenue and profit due to the withdrawal from logistics center operations and other factors.」
The company has reconfirmed the logistics outsourcing business’s lower revenue and profit caused by the withdrawal from logistics center operations and other factors. - FY2024-Q1Decline in revenue and profit due to the withdrawal from logistics center operationsAnnual report
「Among the other services, the recruitment support service performed broadly in line with plan, while the logistics outsourcing service posted lower revenue and profit, mainly due to the withdrawal from logistics center operations and other factors.」
For logistics outsourcing, the withdrawal from logistics center operations and other factors have newly been cited as causes of lower revenue and profit. - FY2023WorsenedAnnual report
「In the logistics outsourcing service, revenue was in line with plan, but profit declined because, in addition to the opening costs for the Nagareyama center established in July 2023, more time and expense than anticipated were required to achieve stable operations.」
Following the opening of the Nagareyama Center, the logistics business’s annual profit declined due to opening costs and the additional time and expense required to achieve stable operations. - FY2023-Q3WorsenedAnnual report
「In the logistics outsourcing service, the company opened a new center in Nagareyama, Chiba Prefecture, in July. In addition to incurring temporary start-up costs, it increased staffing to ensure stable operations, resulting in a temporary operating loss in the third quarter.」
While the new center expanded the logistics business, start-up costs and increased staffing to ensure stable operations resulted in a temporary operating loss in the third quarter. - FY2023-Q2AdvancedAnnual report
「In the logistics outsourcing service, the company focused on new sales activities ahead of opening a new center in the third quarter and worked to ensure stable operations at existing centers, steadily achieving higher revenue and profit.」
In the logistics outsourcing business, the company pursued sales activities ahead of opening a new center and stable operations at existing centers, achieving higher revenue and profit. - FY2023-Q1AdvancedAnnual report
「In the logistics outsourcing service, the company focused on new sales activities ahead of opening a new center and continued working to improve profitability at existing centers, resulting in higher revenue and profit.」
In the logistics outsourcing business, the company advanced sales activities ahead of opening a new center and improved profitability at existing centers, resulting in higher revenue and profit. - FY2022RestatedAnnual report
「In the logistics outsourcing service, profitability has stabilized through the disposal of low-margin projects and other measures, and signs of a recovery toward renewed growth have emerged.」
The company continues to explain that profitability has stabilized through the disposal of low-margin projects, with signs of a recovery toward renewed growth. - FY2022-Q3AdvancedAnnual report
「In the logistics outsourcing service, the company focused on rebuilding its business platform. Profitability stabilized through the disposal of low-margin projects and other measures, while the acquisition of new projects also progressed steadily, revealing signs of a recovery toward renewed growth.」
The company advanced the rebuilding of its business platform, the disposal of low-margin projects, and the acquisition of new projects in the logistics outsourcing business, with profitability stabilizing and signs of renewed growth emerging. - FY2022-Q1AdvancedAnnual report
「In the logistics outsourcing service, the company opened a new center and strengthened sales activities for expansion after completing the main phase of profitability improvement.」
The business moved from the profitability improvement phase to an expansion phase, opening a new center and strengthening sales activities. - FY2021MitigatedAnnual report
「In the logistics outsourcing service, revenue remained solid, but profit declined because profitability at the Shinagawa center temporarily deteriorated. Profitability improvement at the center has been completed, and recovery to normal levels is currently progressing.」
The company states that, although profit declined for the year due to deteriorating profitability at the Shinagawa center, profitability improvement has been completed and recovery to normal levels has progressed. - FY2021-Q3MitigatedAnnual report
「In the logistics outsourcing service, the effects of operational improvements at the logistics center emerged within a short period, and the operating profit margin had recovered to normal levels on a monthly basis.」
In response to the decline in profitability due to low-margin projects and lower productivity reported in the previous quarter, operational improvements at the logistics center took effect, and the operating profit margin recovered to normal levels on a monthly basis. - FY2021-Q2Declining profitability due to the emergence of low-margin projects and lower productivityAnnual report
「In the logistics outsourcing service, revenue increased due to a recovery in sales from major customers and an increase in new customers, but profitability declined because of the emergence of low-margin projects and lower productivity.」
The company states that, despite securing higher revenue, profitability in the logistics outsourcing business declined due to the emergence of low-margin projects and lower productivity. - FY2021-Q1RestatedAnnual report
「In the logistics outsourcing service, the shipping fulfillment business for e-commerce orders remained strong, benefiting from stay-at-home consumption.」
The strong performance of the e-commerce shipping fulfillment business against a backdrop of stay-at-home consumption has continued. - FY2020AdvancedAnnual report
「In the logistics outsourcing and recruitment support services, utilization rates at the facilities operated by the company improved, and profitability continued to improve.」
The company states that facility utilization improved in the logistics outsourcing and recruitment support businesses, leading to improved profitability. - FY2020-Q3AdvancedAnnual report
「In the logistics outsourcing service, the expansion of stay-at-home consumption continued, enabling performance to remain above plan.」
The logistics outsourcing service continued to perform above plan against a backdrop of stay-at-home consumption. - FY2020-Q2AdvancedAnnual report
「In the logistics outsourcing service, profits exceeded plan as the shipping fulfillment business for e-commerce orders grew significantly due to stay-at-home demand.」
The company states that the shipping fulfillment business for e-commerce orders grew against a backdrop of stay-at-home demand, resulting in profits exceeding plan in the logistics outsourcing business. - FY2019RestatedAnnual report
「The logistics outsourcing service also returned to profitability as a result of improved profitability.」
The company reconfirms in its full-year results that the logistics outsourcing service returned to profitability through profitability improvement efforts since the previous fiscal year. - FY2019-Q3AdvancedAnnual report
「In the logistics outsourcing service, profitability improvement efforts undertaken since the previous fiscal year bore fruit, establishing a structure capable of securing stable profits.」
The company states that profitability improvement efforts since the previous fiscal year bore fruit, establishing a structure capable of securing stable profits. - FY2019-Q2RestatedAnnual report
「In the logistics outsourcing service, profitability improvement efforts undertaken since the previous fiscal year bore fruit, enabling the business to return to profitability.」
The company reconfirms that the logistics outsourcing service returned to profitability through profitability improvement efforts since the previous fiscal year. - FY2019-Q1AchievedAnnual report
「Profitability in the logistics outsourcing service improved steadily, enabling the business to return to profitability.」
The company had previously reported deteriorating profitability due to an increase in low-margin projects and declining productivity, but now states that profitability improved and the business returned to profitability. - FY2018Emergence of deteriorating profitabilityAnnual report
「In terms of earnings, profitability in the logistics outsourcing service deteriorated significantly due to an increase in low-margin projects and declining productivity, although」
The description has changed from reviewing and reducing low-margin projects to a significant deterioration in logistics business profitability due to an increase in low-margin projects and declining productivity. - FY2018-Q3RestatedAnnual report
「In the logistics outsourcing service, revenue from the shipping fulfillment service remained solid.」
The company reconfirms that revenue from the shipping fulfillment service remained solid after shifting its focus from withdrawing from low-margin projects and reducing logistics operations to growth areas. - FY2018-Q2ReframedAnnual report
「In the logistics outsourcing service, revenue from the shipping fulfillment service grew steadily, and a large new logistics center was opened in Shinagawa.」
The description has shifted from the previous withdrawal from low-margin projects and reduction of logistics operations to growth and expansion through higher revenue from the shipping fulfillment service and the opening of a large new logistics center. - FY2017-Q3DroppedAnnual report
「There were no significant changes in the nature of the businesses operated by the Group during the cumulative third-quarter consolidated period.」
The withdrawal from low-margin logistics outsourcing projects and reduction of operations described through the previous quarter are not reiterated in the business analysis in this filing. - FY2017-Q2RestatedAnnual report
「Revenue has declined in the logistics outsourcing services, following the withdrawal from low-profitability projects, and in smart-meter installation services, where the planned number of installations decreased following contract renewals, but」
The policy and status of withdrawing from low-margin projects in logistics outsourcing continues. - FY2017-Q1AdvancedAnnual report
「Revenue declined in the logistics outsourcing services, following the withdrawal from low-profitability projects, and in smart-meter installation services, where the number of contracts accepted was temporarily reduced.」
The previous review and reduction of operations have developed into a policy of withdrawing from low-margin projects in logistics outsourcing. - FY2016-Q3AdvancedAnnual report
「Revenue declined in the core logistics outsourcing service following a review of low-margin projects and a substantial reduction in logistics center operations, but expansion in the smart meter installation business, sales support business, and disability employment support service offset the decline in revenue from the logistics outsourcing service described above.」
The company reviewed low-margin projects and substantially reduced logistics center operations.