Closure of Unprofitable Gas Stations and Declining Sales Volumes Due to the Spread of Eco-Friendly Vehicles
First written in FY2017-Q3. 14 of 26 entries say "Restated". Latest entry: FY2026.
Mie Kotsu Group Holdings moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 4 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the petroleum products sales business, operating revenue decreased due to lower unit selling prices and sales volumes for petroleum products, among other factors.」
For the petroleum products sales business, which cited higher revenue in the previous fiscal year from the shift to self-service and higher unit selling prices, the disclosure for the current fiscal year cites lower revenue due to declines in unit selling prices and sales volumes. - FY2025MitigatedAnnual report
「In the petroleum products sales business, operating revenue increased as the number of vehicles stopping at service stations increased due to the shift to self-service, in addition to higher unit selling prices and other factors.」
Despite the structural risk of declining gasoline sales volumes, revenue increased due to higher sales volumes resulting from the shift to self-service and higher unit selling prices. - FY2025-H1WorsenedAnnual report
「In the petroleum products sales business, operating revenue decreased due to lower gasoline sales volumes resulting from rising prices and other factors.」
For gasoline sales, the decline in sales volumes resulting from rising prices emerged as a cause of lower revenue, in addition to the previously cited decline due to the spread of electric vehicles and other factors. - FY2024-Q3RestatedAnnual report
「In the petroleum products sales business, operating revenue decreased because sales volumes of gasoline and liquefied gas declined.」
The disclosure continues to cite lower gasoline and liquefied gas sales volumes as the reason for lower revenue in the petroleum products sales business. - FY2024-Q2Lower liquefied gas sales volumesAnnual report
「In the petroleum products sales business, operating revenue decreased because liquefied gas sales volumes declined.」
For the petroleum products sales business, the disclosure cites lower liquefied gas sales volumes, in addition to the previously cited decline in gasoline sales volumes and other factors, as a factor behind lower revenue. - FY2024-Q1RestatedAnnual report
「In the petroleum products sales business, operating revenue decreased due to lower selling prices resulting from falling crude oil prices and other factors.」
Lower selling prices resulting from falling crude oil prices continue to be cited as a factor behind lower revenue in the petroleum products sales business. - FY2023RestatedAnnual report
「In the petroleum products sales business, operating revenue increased due to higher selling prices for gasoline and other products resulting from surging crude oil prices.」
While higher selling prices due to surging crude oil prices contributed to higher revenue, the disclosure continues to indicate a business structure that includes lower sales volumes due to the spread of electric vehicles and other factors. - FY2023-Q3RestatedAnnual report
「In the petroleum products sales business, sales volumes of gasoline and other products decreased due to the spread of electric vehicles and other factors, but operating revenue increased due to higher selling prices for gasoline and other products resulting from surging crude oil prices.」
We are reconfirming the combination of lower sales volumes due to the spread of electric vehicles and higher selling prices and revenue due to surging crude oil prices. - FY2023-Q2RestatedAnnual report
「In the petroleum products sales business, operating revenue increased due to higher selling prices for gasoline and other products resulting from surging crude oil prices.」
We are reconfirming that higher selling prices resulting from surging crude oil prices contributed to higher revenue in the petroleum products sales business. - FY2022-Q3RestatedAnnual report
「In the petroleum products sales business, operating revenue increased due to higher selling prices for gasoline and other products resulting from surging crude oil prices.」
We are reconfirming that higher selling prices for gasoline and other products resulting from surging crude oil prices contributed to higher revenue in the petroleum products sales business. - FY2022-Q2RestatedAnnual report
「In the petroleum products sales business, operating revenue increased due to higher selling prices for gasoline and other products resulting from surging crude oil prices.」
We are reconfirming that higher selling prices resulting from surging crude oil prices contributed to higher revenue in the petroleum products sales business. - FY2022-Q1Recovery in sales volumes and unit selling pricesAnnual report
「In the petroleum products sales business, operating revenue increased as selling prices for gasoline and other products rose due to surging crude oil prices, while sales volumes also showed signs of recovery.」
The petroleum products sales business reported higher revenue as unit selling prices rose due to surging crude oil prices and sales volumes also showed signs of recovery. - FY2021WorsenedAnnual report
「In the petroleum products sales business, operating revenue declined due to lower sales volumes resulting from requests to refrain from going out and other measures associated with the spread of COVID-19, as well as gasoline and other selling prices remaining low throughout the period.」
In addition to the spread of eco-friendly vehicles and other factors, voluntary restrictions on outings due to the infectious disease and lower gasoline selling prices led to a 23.1% year-on-year decline in operating revenue in the petroleum products sales business. - FY2021-Q3WorsenedAnnual report
「In the petroleum products sales business, operating revenue decreased because sales volumes declined due to voluntary restrictions on outings and other measures associated with the COVID-19 pandemic, while selling prices for gasoline and other products remained low as crude oil prices fell.」
Revenue decreased as the structural decline in sales volumes due to the spread of eco-friendly vehicles and other factors was compounded by voluntary restrictions on outings due to the infectious disease and lower selling prices due to falling crude oil prices. - FY2021-Q2WorsenedAnnual report
「In the petroleum products sales business, sales volumes decreased due to the spread of eco-friendly vehicles, voluntary restrictions on outings and travel restrictions associated with the COVID-19 pandemic, and other factors. In addition, selling prices for gasoline and other products declined as a result of falling crude oil prices, causing operating revenue to decrease.」
Revenue decreased as the structural decline in sales volumes due to the spread of eco-friendly vehicles was compounded by voluntary restrictions on outings and travel restrictions due to the infectious disease and lower selling prices due to falling crude oil prices. - FY2021-Q1WorsenedAnnual report
「In the petroleum products sales business, operating revenue declined due to lower sales volumes resulting from the spread of eco-friendly vehicles and reduced use of private cars and other vehicles affected by COVID-19, as well as lower selling prices for gasoline and other products resulting from the decline in crude oil prices.」
Revenue decreased as the structural decline in sales volumes due to the spread of eco-friendly vehicles was compounded by reduced private-car use due to the infectious disease and lower selling prices due to falling crude oil prices. - FY2020-Q3RestatedAnnual report
「In the petroleum products sales business, operating revenue declined due to lower sales volumes resulting from the spread of eco-friendly vehicles and other factors, as well as lower selling prices for gasoline and other products accompanying the decline in crude oil prices.」
The disclosure continues to cite lower sales volumes due to the spread of eco-friendly vehicles and lower unit selling prices due to falling crude oil prices. - FY2020-Q1RestatedAnnual report
「In the petroleum products sales business, operating revenue decreased due to lower sales volumes resulting from the spread of eco-friendly vehicles and other factors.」
The disclosure continues to cite lower sales volumes due to the spread of eco-friendly vehicles and other factors. This time, it does not mention an offset from higher unit selling prices, and operating revenue in the petroleum products sales business decreased. - FY2019-Q3RestatedAnnual report
「In the petroleum products sales business, sales volumes declined due to the adoption of eco-friendly vehicles and other factors, but operating revenue increased due to higher selling prices resulting from soaring crude oil prices.」
We are reconfirming the combination of lower sales volumes due to the spread of eco-friendly vehicles and higher unit selling prices due to surging crude oil prices. - FY2019-Q1RestatedAnnual report
「In the petroleum products sales business, sales volumes declined due to the adoption of eco-friendly vehicles and other factors, but operating revenue increased due to higher selling prices resulting from soaring crude oil prices.」
The filing continues to describe declining sales volumes due to the adoption of eco-friendly vehicles and higher selling prices resulting from soaring crude oil prices. - FY2018-Q3RestatedAnnual report
「In the petroleum products sales business, sales volumes declined due to the adoption of eco-friendly vehicles and the closure of unprofitable gas stations, but operating revenue increased due to higher selling prices.」
The filing reiterates declining sales volumes due to the adoption of eco-friendly vehicles and the closure of unprofitable gas stations, as well as higher revenue resulting from higher selling prices. - FY2018-Q2RestatedAnnual report
「In the petroleum products sales business, sales volumes declined due to the closure of unprofitable gas stations and the adoption of eco-friendly vehicles, but operating revenue increased due to higher selling prices.」
The filing reiterates the closure of unprofitable gas stations and declining sales volumes due to the adoption of eco-friendly vehicles, and describes higher revenue resulting from higher selling prices. - FY2018-Q1RestatedAnnual report
「In the petroleum products sales business, sales volumes declined due to the closure of unprofitable gas stations and the adoption of eco-friendly vehicles, but operating revenue increased due to higher selling prices.」
The filing reiterates the closure of unprofitable gas stations and declining sales volumes due to the adoption of eco-friendly vehicles, while stating that operating revenue increased due to higher selling prices. - FY2017-Q3First statedAnnual report
「In the petroleum products sales business, revenue declined despite special demand associated with the Ise-Shima Summit, due to lower selling prices for gasoline and other products resulting from lower crude oil prices, as well as the closure of unprofitable gas stations and declining sales volumes due to the adoption of eco-friendly vehicles.」
The filing identifies for the first time the closure of unprofitable gas stations and declining sales volumes due to the adoption of eco-friendly vehicles as factors behind lower revenue from petroleum products sales.