Komori
Tea Life (3172) · InitiativeHigher revenue but lower profit due to asset retirement obligations

Real estate leasing business utilising logistics centres

First written in FY2016-Q3. 28 of 39 entries say "Advanced", first in FY2016. Latest entry: FY2026.

39entries
11years
3from disclosures
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ProgressHeldSoftenedWorseAdvancedFY2016 – FY2023-Q2OtherFY2023-Q3 – FY20242016: 320162017: 420172018: 420182019: 420192020: 420202021: 320212022: 420222023: 320232024: 320242025: 220252026: 52026
Same theme, other companies
Expanding the use of existing logistics facilities and the leasing businessA theme 3 companies write about · 0 as a headwind · 3 as a tailwind

0 other companies' latest entry also says "Other".

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Full recordFilings, disclosures and news, newest first
  1. FY2026Higher revenue but lower profit due to asset retirement obligationsAnnual report

    「In the logistics business, we focused on improving utilization rates at the Fukuroi, Kakegawa and Nagoya centers and on acquiring new customers. We also reduced personnel costs through efficiency-focused center operations and passed through cost-push increases in utilities and other expenses. However, the recording of an asset retirement obligation for the Nagoya center resulted in higher revenue but lower profit.」

    Revenue increased but profit declined as the Company improved utilization at the 3 centers, developed customers, reduced personnel costs, and pursued price pass-through, while recognizing asset retirement obligations at the Nagoya center.
  2. FY2026-H1AdvancedAnnual report

    「In the logistics business, we focused on stable operations at the Fukuroi and Kakegawa centers and customer-acquisition sales at the Nagoya Center. Sales were ¥471 million, up 3.8% from the previous interim consolidated accounting period, while efforts to improve operating efficiency at each center in response to cost-push factors such as labor and utility expenses resulted in segment profit of ¥102 million, up 14.1%.」

    The Logistics business reported higher revenue and profit due to stable operations at the Fukuroi and Kakegawa centers, customer development at the Nagoya center, and improved operating efficiency at each center.
  3. FY2025Lower profit due to higher logistics costsAnnual report

    「In the Logistics business, revenue was ¥927 million, up 1.3% year on year, following a focus on stable operations at the Fukuroi and Kakegawa centers and customer development at the Nagoya center. In terms of profit, cost-push factors including personnel and utilities expenses resulted in segment profit of ¥189 million, down 0.6%.」

    Revenue increased due to stable center operations and customer development at the Nagoya center, while higher personnel and utilities expenses resulted in lower profit.
  4. FY2025-H1AdvancedAnnual report

    「In the logistics business, we focused on stable operations at the Fukuroi and Kakegawa centers and customer-acquisition sales at the Nagoya Center. As a result, sales were ¥454 million, up 0.8% from the previous interim consolidated accounting period, while efforts to improve center operations in response to cost-push factors such as labor and utility expenses resulted in segment profit of ¥89 million, up 16.6%.」

    The Logistics business reported higher revenue and profit due to stable operations at the Fukuroi and Kakegawa centers, customer development at the Nagoya center, and operating improvements at each center.
  5. FY2024RestatedAnnual report

    「In the Property business, the Company focused on stable operations at the Fukuroi and Kakegawa centers and developing tenants and 3PL contracts for the Nagoya center. As a result, revenue was ¥915 million, up 1.8% year on year, while operating costs increased with the higher volume of work related to contracted 3PL services, resulting in segment profit of ¥190 million, down 3.3%.」

    While the existing centers continued to operate steadily and the Company continued developing tenants and 3PL contracts for the Nagoya center, profit declined due to higher operating costs associated with increased contracted volumes.
  6. FY2024-Q3Lower profit due to higher operating costs from increased 3PL volumesAnnual report

    「The Fukuroi and Kakegawa centers operated steadily, while at the Nagoya Center we focused on developing 3PL clients. As a result, sales were ¥693 million, up 0.7% year on year, while operating costs increased as the volume of work related to contracted 3PL services grew, resulting in segment profit of ¥132 million, down 8.8%.」

    The Fukuroi and Kakegawa centers operated steadily, and the Company pursued new 3PL contracts at the Nagoya center, but profit declined due to higher operating costs associated with increased contracted volumes.
  7. FY2024-Q2Lower revenue and profit due to vacant space at the Nagoya center and higher operating costsAnnual report

    「In the Property business, the Company focused on stable operations at the Fukuroi and Kakegawa centers and securing new orders for shipping services at the Nagoya center, but revenue declined due to some vacant space at the Nagoya center. In terms of profit, utilities and operating costs associated with handling new contracts increased. As a result, revenue was ¥450 million, down 2.7% year on year, while segment profit was ¥76 million, down 19.6%.」

    Although the Company focused on securing new orders for shipping services at the Nagoya center, revenue declined due to some vacant space. Higher operating costs for utilities and handling new contracts also weighed on profit.
  8. FY2024-Q1Lower revenue and profit due to intensifying competition and higher operating costsAnnual report

    「In the Property business, the Company focused on stable operations at the Fukuroi and Kakegawa centers and securing new orders for shipping services at the Nagoya center, but revenue declined due to intensifying competition. In terms of profit, utilities and operating costs associated with handling new contracts increased. As a result, revenue was ¥214 million, down 4.0% year on year, while segment profit was ¥31 million, down 27.9%.」

    The Company focused on securing new orders for shipping services at the Nagoya center, but revenue declined due to intensifying competition, while higher operating costs for utilities and handling new contracts resulted in lower profit.
  9. FY2023-Q3Lower profit due to substantial revenue growth and higher operating costsAnnual report

    「In the Property business, stable operations at the Fukuroi and Kakegawa centers, improved utilization at the Nagoya center, and the acquisition of new 3PL contracts contributed to higher revenue. At the same time, operating costs rose with utilities and increased contracted volumes. As a result, revenue was ¥688 million, up 62.7% year on year, while segment profit was ¥145 million, down 21.4%.」

    Revenue increased substantially on stable operations at the Fukuroi and Kakegawa centers, improved utilization at the Nagoya center, and the acquisition of new 3PL contracts, while profit declined due to higher operating costs associated with utilities and increased contracted volumes.
  10. FY2023-Q2AdvancedAnnual report

    「In the Property business, stable operations at the Fukuroi and Kakegawa centers, improved utilization at the Nagoya center, and the acquisition of new 3PL contracts, including group logistics, contributed to higher revenue. At the same time, utilities and operating costs associated with increased contracted volumes rose. As a result, revenue was ¥462 million, up 62.0% year on year, while segment profit was ¥95 million, down 31.2%.」

    Revenue increased to ¥462 million on stable operations at the Fukuroi and Kakegawa centers, improved utilization at the Nagoya center, and the acquisition of new 3PL contracts, while profit declined to ¥95 million due to higher utilities and operating costs.
  11. FY2023-Q1AdvancedAnnual report

    「In the property business, stable operations at the Fukuroi and Kakegawa Centres, the full-scale launch of the Nagoya Centre, and an increase in the volume of 3PL shipping operations undertaken, including group logistics, contributed to performance. As a result, revenue was ¥223 million, up 66.2% year on year, while segment profit was ¥44 million, down 36.4%.」

    In addition to stable operations at the Fukuroi and Kakegawa Centres, the Company brought the Nagoya Centre fully online and expanded the volume of 3PL shipping operations undertaken. Revenue increased to ¥223 million, while segment profit declined to ¥44 million.
  12. FY2022AdvancedAnnual report

    「As a new income-producing property, we opened the Tea Life Nagoya Center in Moriyama Ward, Nagoya, Aichi Prefecture, in May 2022 and worked to expand revenue.」

    In addition to utilising the Fukuroi and Kakegawa Centres, the Company opened the Nagoya Centre in May 2022, adding an income-producing property.
  13. FY2022-Q3AdvancedAnnual report

    「In the property business, the Company worked to improve occupancy by renovating leased units at the Fukuroi and Kakegawa Centres, increase the leased area for existing tenants, and expand shipping operations undertaken for other companies. These efforts contributed to revenue growth. As a result, revenue was ¥423 million, up 10.1% year on year, and segment profit was ¥184 million, up 8.2%.」

    The Company renovated leased units at the Fukuroi and Kakegawa Centres, increased the leased area for existing tenants, and expanded shipping operations undertaken for other companies, resulting in revenue of ¥423 million and segment profit of ¥184 million.
  14. FY2022-Q2AdvancedAnnual report

    「In the property business, the Company worked to improve occupancy by renovating and upgrading leased areas at the Fukuroi and Kakegawa Centres, while also maintaining stable operations for existing tenants and expanding the volume of shipping operations undertaken for other companies. These efforts contributed to revenue growth. As a result, revenue was ¥285 million, up 10.1% year on year, and segment profit was ¥138 million, up 22.1%.」

    The Company renovated and upgraded the leased areas at the Fukuroi and Kakegawa Centres, improving occupancy and maintaining stable operations for existing tenants, resulting in revenue of ¥285 million and segment profit of ¥138 million.
  15. FY2022-Q1AdvancedAnnual report

    「In the property business, the Company worked to maximise earnings by expanding the leased areas at the Fukuroi and Kakegawa Centres, developing customers for contract shipping operations, increasing the volume of contracted work, and continuously reducing contract costs. Leasing revenue increased mainly and contributed to profit. As a result, revenue was ¥134 million, up 9.7% year on year, and segment profit was ¥69 million, up 29.0%.」

    The Company expanded the leased areas at the Fukuroi and Kakegawa Centres, expanded contract shipping operations, and reduced contract costs, resulting in revenue of ¥134 million and segment profit of ¥69 million in the property business.
  16. FY2021-Q3AdvancedAnnual report

    「In the property business, the Company worked to improve leasing occupancy at the Fukuroi and Kakegawa Centres and expand the volume of shipping operations undertaken for other companies, resulting in revenue growth. It also improved profitability through measures including staffing optimisation. As a result, revenue was ¥384 million, up 56.5% year on year, and segment profit was ¥170 million, up 42.9%.」

    The Company improved leasing occupancy at the Fukuroi and Kakegawa Centres, expanded the volume of shipping operations undertaken for other companies, and optimised staffing, increasing revenue to ¥384 million and segment profit to ¥170 million.
  17. FY2021-Q2AdvancedAnnual report

    「In the Property Business, we worked to maintain and improve occupancy rates at the Fukuroi and Kakegawa centers and expand the volume of contracted shipping operations for other companies, resulting in higher revenue. Profitability also improved through measures including optimization of staff allocation. As a result, revenue was ¥259 million, up 97.3% from the same quarter of the previous year, and segment profit was ¥113 million, up 115.8%.」

    The Company worked to improve leasing occupancy at the Fukuroi and Kakegawa Centres, expand the volume of contract logistics operations, and optimise staffing, resulting in revenue of ¥259 million and segment profit of ¥113 million.
  18. FY2021-Q1AdvancedAnnual report

    「In the property business, in addition to working to maintain the occupancy rate at the Fukuroi Centre, the Company sought further revenue growth through leasing at the Kakegawa Centre acquired in September 2019 and worked to secure profit by reducing costs through optimising staffing for contracted shipping operations. As a result, revenue was ¥122 million, up 114.4% year on year, and segment profit was ¥53 million, up 141.9%.」

    In the property business, the Company advanced leasing at the Kakegawa Centre and optimised staffing for shipping operations, increasing revenue to ¥122 million and segment profit to ¥53 million.
  19. FY2020AdvancedAnnual report

    「Revenue in the property business was ¥363 million, up 81.4% year on year, while segment profit was ¥144 million, down 1.9%.」

    Revenue in the property business expanded to ¥363 million due in part to the start of leasing at the Kakegawa Centre, while segment profit was ¥144 million due to labour costs for shipping operations and repair expenses.
  20. FY2020-Q3AdvancedAnnual report

    「In the Property Business, we worked to expand revenue through real estate leasing at the Fukuroi and Kakegawa centers and by developing customers for contracted logistics services for other companies. As a result, revenue was ¥245 million, up 63.5% from the same quarter of the previous year, while segment profit was ¥119 million, down 2.6%, due to higher labor costs for contracted logistics services.」

    The Company expanded real estate leasing and developed customers for contract logistics operations at the Fukuroi and Kakegawa Centres, increasing revenue to ¥245 million. However, segment profit declined due to higher labour costs for contract operations.
  21. FY2020-Q2AdvancedAnnual report

    「In the property business, the Company expanded real estate leasing and contract logistics operations at the Fukuroi Centre and advanced leasing operations at the Kakegawa Centre acquired in September 2019. As a result, revenue was ¥131 million, up 34.0% year on year.」

    The Company expanded leasing and contract logistics operations at the Fukuroi Centre and began and advanced leasing operations at the acquired Kakegawa Centre.
  22. FY2020-Q1AdvancedAnnual report

    「The Company newly acquired real estate in Kakegawa, Shizuoka Prefecture, in September 2019 and worked to further expand the business. Acquisition cost: ¥1,302 million」

    In the property business, the Company acquired land and a building in Kakegawa for ¥1,302 million in September 2019, adding an asset base for business expansion.
  23. FY2019AdvancedAnnual report

    「As a result, revenue was ¥200 million, up 90.7% year on year, and segment profit was ¥147 million, up 73.2%.」

    The development of leasing customers and undertaking of shipping operations for other companies resulted in substantial increases in revenue and segment profit in the property business.
  24. FY2019-Q3AdvancedAnnual report

    「In the property business utilising the Fukuroi Centre, the Company sought to strengthen its sales capabilities by establishing a dedicated sales department and focused on expanding the leased area and developing customers for contract logistics services. As a result, revenue was ¥150 million, up 148.7% year on year, and segment profit was ¥122 million, up 136.5%.」

    The Company established a dedicated sales department and advanced the expansion of the leased area and development of customers for contract logistics services, resulting in substantial increases in revenue and segment profit in the property business.
  25. FY2019-Q2AdvancedAnnual report

    「In the Property Business using the Fukuroi Center, revenue was ¥98 million, up 185.5% from the same quarter of the previous year, and segment profit was ¥84 million, up 178.3%, due to the expansion of the leased area and contracted logistics services.」

    The expansion of the leased area and contract logistics operations resulted in substantial increases in revenue and segment profit in the property business compared with the previous interim quarter.
  26. FY2019-Q1AdvancedAnnual report

    「In the property business utilising the Fukuroi Centre, the Company expanded the leased area and undertook logistics operations on a contract basis. As a result, revenue was ¥48 million, up 193.3% year on year, and segment profit was ¥44 million, up 204.3%.」

    In addition to expanding the leased area, the Company began undertaking logistics operations on a contract basis, resulting in substantial increases in revenue and segment profit in the property business year on year.
  27. FY2018AdvancedAnnual report

    「In the real estate leasing business, we newly acquired land and buildings adjacent to our logistics center on 30 March 2018, further expanded the leased area and worked to strengthen leasing operations. As a result, revenue was ¥105 million, up 61.2% year on year, and segment profit was ¥85 million, up 56.6%.」

    The Company acquired land and a building adjacent to its logistics centre and expanded the leased area, increasing revenue to ¥105 million and segment profit to ¥85 million.
  28. FY2018-Q3AdvancedAnnual report

    「In the real estate leasing business, the Company promoted warehouse leasing and expanded the leased area by taking advantage of the favourable location. As a result, revenue was ¥60 million, up 32.1% year on year, and segment profit was ¥51 million, up 29.2%. On 30 March 2018, the Company also purchased land and a building adjacent to its logistics centre. As the property was acquired with a warehouse already occupied by a tenant, it will contribute to this business as an income-producing property going forward.」

    The leased area was expanded, resulting in revenue of ¥60 million and segment profit of ¥51 million. The Company also acquired land and a building adjacent to its logistics centre and plans to utilise them as an income-producing property.
  29. FY2018-Q2AdvancedAnnual report

    「In the real estate leasing business using logistics centers, revenue was ¥34 million, up 24.2% from the same quarter of the previous year, and segment profit was ¥30 million, up 20.9%, due to the expansion of the leased area.」

    Revenue was ¥34 million and segment profit was ¥30 million following the expansion of the leased area, both exceeding the previous interim quarter.
  30. FY2018-Q1AdvancedAnnual report

    「In the real estate leasing business using logistics centers, revenue was ¥16 million, up 27.4% from the same quarter of the previous year, and segment profit was ¥14 million, up 11.3%, due to the expansion of the leased area.」

    The expansion of the leased area lifted both revenue and segment profit in the real estate leasing business above the previous interim quarter.
  31. FY2017AdvancedAnnual report

    「In the real estate leasing business using logistics centers, revenue was ¥65 million, up 46.9% year on year, and segment profit was ¥54 million, up 38.7%, due to the expansion of the leased area.」

    Revenue was ¥65 million and segment profit was ¥54 million following the expansion of the leased area, with both exceeding the previous year.
  32. FY2017-Q3AdvancedAnnual report

    「In the real estate leasing business using logistics centers, revenue was ¥45 million, up 37.3% from the same quarter of the previous year, and segment profit was ¥40 million, up 25.3%.」

    The real estate leasing business utilising logistics centres reported revenue of ¥45 million and segment profit of ¥40 million, both higher than the previous interim quarter.
  33. FY2017-Q2AdvancedAnnual report

    「In the real estate leasing business using logistics centers, revenue was ¥27 million, up 24.7% from the same quarter of the previous year, and segment profit was ¥25 million, up 20.5%.」

    The real estate leasing business utilising logistics centres reported revenue of ¥27 million and segment profit of ¥25 million, both higher than the previous interim quarter.
  34. FY2017-Q1AdvancedAnnual report

    「In the real estate leasing business using logistics centers, revenue was ¥13 million, up 17.5% from the same quarter of the previous year, and segment profit was ¥13 million, up 27.8%.」

    The real estate leasing business utilising logistics centres reported revenue of ¥13 million and segment profit of ¥13 million, both higher than the previous interim quarter.
  35. FY2016AdvancedAnnual report

    「In the real estate leasing business using logistics centers, revenue was ¥44 million, up 200.0% year on year, and segment profit was ¥39 million, up 186.2%.」

    The logistics-centre leasing business reported revenue of ¥44 million and segment profit of ¥39 million, both substantially higher than the previous year.
  36. FY2016-Q3First statedAnnual report

    「In the real estate leasing business utilising logistics centres,」

    The Company operates a business that also utilises its logistics centres for real estate leasing.
Moved together

"Wholesale business profitability improvement" moved the same way as this thread, in the same document, in 20 of its 39 moves.

201818161313★123456
  1. ★This thread
  2. 1Wholesale business profitability improvement20×
  3. 2Accelerating investment in the e-commerce platform and online stores18×
  4. 3Using logistics centers by undertaking logistics operations for other companies18×
  5. 4Improving awareness of wholesale brands and expanding product lines16×
  6. 5Expansion into Health Foods and Cosmetics and Broadening of Sales Channels13×
  7. 6Developing a New Earnings Pillar Through Overseas E-Commerce13×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tea Life yet. It last moved in the General Meetings of Shareholders of 2026-10-01: "Worsened".
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