Risk of delays in executing the transformation of a business structure centered on the trading business and failure to achieve earnings
First written in FY2021. 7 of 14 entries say "Mitigated", first in FY2022. Latest entry: FY2027-H1.
1 other company's latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Revenue for the current six-month consolidated accounting period was ¥29,544.630 million, up 227.53% year on year, and segment profit was ¥625.000 million, up 344.82%.」
Regarding the business-structure transformation centred on the trading business, revenue and segment profit in the metal recycling business expanded significantly, demonstrating progress toward a profitable business structure. - FY2026MitigatedAnnual report
「Net sales in this segment were ¥24,509.933 million, up 142.85% year on year, and segment income was ¥847.307 million, compared with segment income of ¥161.630 million in the previous year.」
The metal recycling business, the core of the business-structure transformation, recorded significant increases in revenue and segment profit. Meanwhile, the plastic recycling business recorded a loss, and the transformation risk itself remains a business risk. - FY2025MitigatedAnnual report
「As a result, revenue was ¥12,160.826 million, up 93.91% year on year, and segment profit was ¥276.169 million, compared with segment profit of ¥22.697 million in the same period of the previous year.」
Regarding the business-structure transformation centred on the trading business, revenue and segment profit in the trading business expanded significantly, with profit rising from ¥22.697 million in the previous corresponding period to ¥276.169 million. - FY2025-Q1MitigatedAnnual report
「As a result, revenue was ¥603.952 million, down 67.56% year on year, and segment profit was ¥33.102 million, up 661.96%.」
As part of the business-structure transformation centred on its trading business, the trading business swung from a segment loss in the previous corresponding period to profit of ¥33.102 million. However, the consolidated group as a whole continues to report an operating loss. - FY2024WorsenedAnnual report
「As a result, revenue was ¥6,271.284 million, up 57.09% year on year, and segment profit was ¥22.697 million, down 80.14%.」
As the company advances a business-structure transformation centred on its trading business, revenue increased, but profit fell 80.14% year on year, and the consolidated operating loss also widened. - FY2024-Q3WorsenedAnnual report
「As a result, revenue was ¥4,856.637 million, up 82.27% year on year, and segment profit was ¥0.148 million, down 99.75%.」
As the company advances a business-structure transformation centred on its trading business, revenue increased, but segment profit fell 99.75% year on year, and earnings performance deteriorated significantly. - FY2024-Q2MitigatedAnnual report
「As a result, revenue was ¥3,751.627 million, up 108.99% year on year, and segment profit was ¥0.150 million, compared with a segment loss of ¥20.282 million in the same period of the previous year.」
Regarding the business-structure transformation centred on the trading business, the trading business swung from a segment loss in the previous corresponding period to a profit, while revenue increased 108.99% year on year. - FY2024-Q1MitigatedAnnual report
「As a result, revenue was ¥1,862.051 million, up 286.82% year on year, and segment profit was ¥4.344 million, compared with a segment loss of ¥42.130 million in the same period of the previous year.」
Regarding the business-structure transformation centred on the trading business, the trading business swung from a segment loss in the previous corresponding period to a profit. Meanwhile, operating losses and other losses continue for the consolidated group as a whole. - FY2023RestatedAnnual report
「The group is working to expand the range of products handled and sales, centred on its trading business, in order to shift from its previous loss-making structure to a profitable one. Although it recorded an operating loss in the current consolidated fiscal year, it aims to make this shift by making Daito Shokai, which has plastic processing technology, a wholly owned subsidiary, establishing a joint venture with another company in the same industry, and continuously transforming its business structure.」
The policy of shifting from a loss-making structure to a profitable one through the trading business, the acquisition of Daito Shokai as a wholly owned subsidiary and the joint venture continues. However, the company recorded an operating loss in the current fiscal year. - FY2023-Q3WorsenedAnnual report
「As a result, revenue was ¥2,664.475 million, down 5.05% year on year, and segment profit was ¥61.188 million, down 30.00%.」
As the company advances a business-structure transformation centred on its trading business, revenue and segment profit in the trading business fell below the previous corresponding period, and earnings performance deteriorated. - FY2023-Q2WorsenedAnnual report
「As a result, revenue was ¥1,795.115 million, down 3.46% year on year, and the segment posted a loss of ¥20.282 million, compared with segment profit of ¥62.325 million in the same period of the previous year.」
As the company advances a business-structure transformation centred on its trading business, the trading business swung from segment profit in the previous corresponding period to a loss, while revenue also declined. - FY2023-Q1WorsenedAnnual report
「As a result, revenue was ¥481.375 million, down 57.88% year on year, and the segment posted a loss of ¥42.130 million, compared with segment profit of ¥82.634 million in the same period of the previous year.」
As the company advances a business-structure transformation centred on its trading business, the trading business swung from segment profit in the previous corresponding period to a loss of ¥42.130 million, while revenue fell 57.88%. - FY2022MitigatedAnnual report
「For the group’s current consolidated fiscal year, revenue was ¥4,769.5 million, up 570.17% year on year, and operating profit was ¥44.625 million, compared with an operating loss of ¥136.284 million in the previous fiscal year.」
The business-structure transformation risk itself continues to be described in terms of the impact of delays in launching the joint venture or Daito Shokai’s earnings differing from expectations. Meanwhile, revenue centred on the trading business expanded, and the company recorded full-year operating profit. - FY2021First statedAnnual report
「The group is working to expand the range of products handled and sales, centred on its trading business, in order to shift from its previous loss-making structure to a profitable one. Although it recorded an operating loss in the current consolidated fiscal year, it aims to make this shift by making Daito Shokai, which has plastic processing technology, a wholly owned subsidiary, establishing a joint venture with another company in the same industry, and continuously transforming its business structure. However, if the launch of the joint venture’s new business is delayed beyond schedule or the earnings of wholly owned subsidiary Daito Shokai differ from expectations, this could affect the company’s performance.」
While expanding the product range of the trading business, acquiring Daito Shokai as a wholly owned subsidiary and establishing a joint venture to shift from a loss-making structure to a profitable one, the company describes the impact of delays in launching the joint venture or Daito Shokai’s earnings differing from expectations as a new business-structure transformation risk.