Decline in performance of the motorcycle purchasing business
First written in FY2016-Q2. 17 of 35 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Revenue growth, operating profit decline, slight increase in ordinary profit, net profit growthAnnual report
「As a result, revenue was ¥19,595.450 million, up 4.9% year on year; operating income was ¥262.941 million, down 18.0%; ordinary income was ¥433.022 million, up 0.3%; and interim net income attributable to owners of the parent was ¥339.921 million, up 83.0%.」
Revenue increased, while operating income declined, ordinary income edged up, and interim net income attributable to owners of the parent increased. - FY2025MitigatedAnnual report
「As a result, revenue was ¥38,574.085 million, up 13.6% from the previous fiscal year; operating income was ¥585.745 million, up 104.5%; ordinary income was ¥829.488 million, up 42.0%; and net income attributable to owners of the parent was ¥327.270 million, up 74.7%, despite the recognition of impairment losses on underperforming stores.」
Following the deterioration in performance in the previous fiscal year, revenue and profit increased, with operating income, ordinary income and net income attributable to owners of the parent all rising. - FY2025-H1MitigatedAnnual report
「As a result, revenue was ¥18,671.602 million, up 13.2% year on year; operating income was ¥320.764 million, compared with an operating loss of ¥244.201 million in the same period of the previous year; ordinary income was ¥431.528 million, compared with an ordinary loss of ¥102.394 million; and interim net income attributable to owners of the parent was ¥185.796 million, compared with an interim net loss attributable to owners of the parent of ¥146.212 million. Profit at each level below operating income was positive.」
Profit at each level turned positive from operating, ordinary and net losses in the same period of the previous year, indicating that the impact of deteriorating performance, including in the motorcycle business, had eased. - FY2024AdvancedAnnual report
「As a result, retail operations improved, and the company-wide effort to implement fundamental reforms to its management structure and business structure substantially improved the earnings structure.」
The improvement in retail operations and reforms to the management and business structures substantially improved the earnings structure, resulting in full-year operating income of ¥286.470 million and ordinary income of ¥584.231 million. - FY2024-Q2MitigatedAnnual report
「As a result, revenue was ¥16,493.549 million, operating loss was ¥244.201 million, ordinary loss was ¥102.394 million, and net loss for the quarter attributable to owners of the parent was ¥146.212 million. The deficit incurred during the cumulative first-quarter period narrowed substantially, indicating a recovery trend.」
Although revenue declined and operating, ordinary and net losses remained, the deficit incurred during the cumulative first-quarter period narrowed substantially, indicating a recovery trend. - FY2024-Q1WorsenedAnnual report
「As a result, revenue was ¥6,907.058 million, down 11.7% year on year; operating loss was ¥613.375 million, compared with operating income of ¥57.159 million in the same period of the previous year; ordinary loss was ¥587.465 million, compared with ordinary income of ¥105.046 million; and net loss for the quarter was ¥463.057 million, compared with net income for the quarter of ¥69.740 million.」
Company-wide revenue, including the motorcycle business, declined, and operating income, ordinary income and net income all turned from profits in the same period of the previous year to losses. - FY2023WorsenedAnnual report
「As a result, vehicle selling prices (revenue per vehicle) exceeded the previous fiscal year, but unit sales declined substantially and average gross profit per vehicle was slightly lower, resulting in declines in revenue and gross profit.」
Although vehicle selling prices increased, unit sales declined substantially and average gross profit per vehicle also fell, resulting in lower revenue and gross profit. - FY2023-Q3WorsenedAnnual report
「As a result, vehicle selling prices (revenue per vehicle) exceeded the same period of the previous year, but unit sales and average gross profit per vehicle were lower, resulting in declines in revenue and gross profit.」
Although vehicle selling prices increased, unit sales and average gross profit per vehicle fell below the same period of the previous year, resulting in lower revenue and gross profit. - FY2023-Q2WorsenedAnnual report
「As a result, unit sales were at the same level as in the same period of the previous year, while revenue increased because vehicle selling prices (revenue per vehicle) exceeded the same period of the previous year. However, gross profit declined because average gross profit per vehicle was slightly below the same period of the previous year.」
Unit sales and revenue remained firm, but average gross profit per vehicle fell below the same period of the previous year, resulting in lower gross profit. - FY2023-Q1WorsenedAnnual report
「As a result, revenue increased because unit sales and vehicle selling prices (revenue per vehicle) remained firm. However, average gross profit per vehicle declined because some procurement prices were higher than expected, resulting in lower gross profit.」
Unit sales and selling prices remained firm, but higher-than-expected procurement prices for some vehicles reduced average gross profit per vehicle and gross profit. - FY2022MitigatedAnnual report
「As a result of these initiatives, retail unit sales increased substantially from the previous fiscal year, as existing stores and stores developed in the previous fiscal year performed well. Wholesale unit sales also increased substantially, as inventory secured in preparation for the in-season period from April onward was sold and procurement remained firm.」
Both retail and wholesale unit sales increased substantially from the previous fiscal year, further easing concerns about deteriorating performance. - FY2022-Q3AdvancedAnnual report
「As a result, revenue was ¥24,512.004 million, up 24.2% year on year; operating income was ¥1,467.376 million, up 2.2%; ordinary income was ¥2,008.445 million, up 25.6%; and net income for the quarter was ¥1,397.600 million, up 30.9%.」
The motorcycle business continued to achieve increases in both revenue and profit, with ordinary income of ¥2,008.445 million and net income for the quarter of ¥1,397.600 million. - FY2022-Q2AdvancedAnnual report
「As a result, revenue was ¥16,057.050 million, up 24.8% year on year; operating income was ¥922.244 million, up 8.1%; ordinary income was ¥1,366.477 million, up 45.4%; and net income for the quarter was ¥968.256 million, up 55.8%, reaching record highs.」
The motorcycle business achieved increases in both revenue and profit, with profit at each level exceeding the same period of the previous year and reaching record highs. - FY2022-Q1MitigatedAnnual report
「As a result, revenue was ¥6,946.385 million, up 24.5% year on year; operating income was ¥250.560 million, up 16.1%; ordinary income was ¥625.756 million, up 149.1%; and net income for the quarter was ¥474.929 million, up 198.9%.」
The motorcycle business achieved increases in both revenue and profit, with operating income, ordinary income and net income for the quarter exceeding the same period of the previous year, further mitigating the risk of deteriorating performance. - FY2021AdvancedAnnual report
「As a result, revenue was ¥26,570.000 million, up 18.9% from the previous fiscal year; operating income was ¥1,558.930 million, up 120.3%; ordinary income was ¥1,770.170 million, up 105.9%; and net income was ¥1,226.182 million, up 106.3%. Revenue and net income reached record highs.」
The motorcycle business achieved increases in both revenue and profit, with revenue, operating income, ordinary income and net income increasing substantially. Revenue and net income reached record highs. - FY2021-Q3AdvancedAnnual report
「As a result, revenue was ¥19,739.702 million, up 20.7% year on year; operating income was ¥1,435.577 million, up 126.9%; ordinary income was ¥1,599.272 million, up 111.7%; and net income for the quarter was ¥1,067.771 million, up 118.7%.」
The motorcycle business achieved year-on-year increases in both revenue and profit, with operating income, ordinary income and net income for the quarter all increasing substantially. - FY2021-Q2AdvancedAnnual report
「As a result, revenue was ¥12,869.972 million, up 21.6% year on year; operating income was ¥853.044 million, up 468.5%; ordinary income was ¥939.536 million, up 354.8%; and net income for the quarter was ¥621.544 million, up 436.1%, all reaching record highs.」
The motorcycle business achieved increases in both revenue and profit, with revenue, operating income, ordinary income and net income for the quarter substantially exceeding the same period of the previous year and reaching record highs. - FY2021-Q1MitigatedAnnual report
「As a result, revenue was ¥5,578.981 million, up 22.7% year on year; operating income was ¥215.868 million, compared with an operating loss of ¥174.665 million in the same period of the previous year; ordinary income was ¥251.174 million, compared with an ordinary loss of ¥150.356 million; and net income for the quarter was ¥158.868 million, compared with a net loss for the quarter of ¥120.920 million.」
Revenue increased, and operating income, ordinary income and net income for the quarter all turned from losses in the same period of the previous year to profits, indicating a substantial improvement in the deterioration of performance. - FY2020AdvancedAnnual report
「As a result, revenue was ¥22,349.284 million, up 11.1% from the previous fiscal year; operating income was ¥707.606 million, up 235.8%; ordinary income was ¥859.894 million, up 139.0%; and net income was ¥594.283 million, up 188.8%.」
The motorcycle business achieved increases in both revenue and profit for the full fiscal year, with operating income, ordinary income and net income substantially exceeding the previous fiscal year. - FY2020-Q3AdvancedAnnual report
「As a result, revenue was ¥16,349.779 million, up 12.2% year on year; operating income was ¥632.659 million, up 814.6%; ordinary income was ¥755.282 million, up 311.7%; and net income for the quarter was ¥488.322 million, up 647.7%.」
The motorcycle business achieved increases in both revenue and profit, with operating income, ordinary income and net income for the quarter all substantially exceeding the same period of the previous year. - FY2020-Q2MitigatedAnnual report
「As a result, revenue was ¥10,580.130 million, up 4.6% year on year; operating income was ¥150.046 million, up 30.4%; ordinary income was ¥206.596 million, up 19.8%; and net income for the quarter was ¥115.940 million, up 75.0%.」
The motorcycle business achieved increases in both revenue and profit, with operating income, ordinary income and net income for the quarter all exceeding the same period of the previous year. - FY2020-Q1MitigatedAnnual report
「As a result, revenue was ¥4,545.297 million, up 11.9% from the previous fiscal year; operating loss was ¥174.665 million, compared with an operating loss of ¥299.855 million in the same period of the previous year; ordinary loss was ¥150.356 million, compared with an ordinary loss of ¥278.600 million; and net loss for the quarter was ¥120.920 million, compared with a net loss for the quarter of ¥299.856 million.」
Revenue increased, and operating loss, ordinary loss and net loss for the quarter all narrowed from the same period of the previous year, but losses remained at each profit level. - FY2019MitigatedAnnual report
「As a result, revenue was ¥20,119.597 million, up 1.0% from the previous fiscal year; operating income was ¥210.731 million, up 219.6%; ordinary income was ¥359.720 million, up 92.1%; and net income was ¥205.783 million, up 135.7%.」
The motorcycle business achieved increases in both revenue and profit, with operating income, ordinary income and net income all exceeding the previous fiscal year, indicating an improvement in the deterioration of performance. - FY2019-Q3MitigatedAnnual report
「At each profit level below operating profit, the increase in gross profit resulted in a return to operating profitability. Ordinary income and net income for the quarter also exceeded the same period of the previous year, resulting in substantial increases in both revenue and profit.」
Operating income turned from a loss in the same period of the previous year to a profit, while ordinary income and net income for the quarter also exceeded the same period of the previous year, indicating an improvement in the deterioration of performance. - FY2019-Q2MitigatedAnnual report
「At each profit level below operating profit, the increase in gross profit resulted in a return to operating profitability. Ordinary income and net income for the quarter also exceeded the same period of the previous year, resulting in substantial increases in both revenue and profit. As a result, revenue was ¥10,112.707 million, up 4.3% year on year; operating income was ¥115.024 million, compared with an operating loss of ¥27.812 million in the same period of the previous year; ordinary income was ¥172.381 million, up 357.8%; and net income for the quarter was ¥66.247 million, up 523.9%.」
In the motorcycle business, operating income turned from a loss in the same period of the previous year to a profit, while ordinary income and net income for the quarter also increased. - FY2019-Q1MitigatedAnnual report
「As a result, revenue was ¥4,063.349 million, up 3.9% year on year; operating loss was ¥299.855 million, compared with an operating loss of ¥347.048 million in the same period of the previous year; ordinary loss was ¥278.600 million, compared with an ordinary loss of ¥326.822 million; and net loss for the quarter was ¥299.856 million, compared with a net loss for the quarter of ¥340.625 million.」
The company operates as a single segment, the motorcycle business. Revenue increased, while operating loss, ordinary loss and net loss all narrowed from the same period of the previous year. - FY2018-Q3MitigatedAnnual report
「Although the company did not eliminate its operating loss because procurement prices and cost of sales rose as it secured sufficient inventory for retail sales, ordinary income turned positive.」
The operating loss remained because procurement prices and cost of sales increased, but ordinary results turned from a loss in the same period of the previous year to a profit. - FY2018-Q2MitigatedAnnual report
「Although the company did not eliminate its operating loss because procurement prices and cost of sales rose slightly as it secured sufficient inventory for retail sales, ordinary income turned positive.」
Although the operating loss continued, ordinary results turned from a loss in the same period of the previous year to a profit of ¥37.651 million, indicating a partial recovery from the deterioration in performance. - FY2018-Q1WorsenedAnnual report
「In terms of profitability, average gross profit per vehicle exceeded the same period of the previous year, mainly because of an increase in retail unit sales of high-margin vehicles. However, procurement prices and cost of sales rose as the company secured sufficient inventory of high-margin vehicles for purchase. In addition, the company restrained wholesale sales and prioritized securing inventory for higher-margin retail sales. As a result, gross profit remained flat. Operating loss also widened because consumables, rent and other expenses increased as stores were converted to combined-format locations.」
Average gross profit per vehicle improved, but the increase in procurement prices, cost of sales and store-related expenses, together with the impact of restrained wholesale sales, resulted in a wider operating loss. - FY2017MitigatedAnnual report
「As a result, revenue before elimination of intersegment transactions was ¥17,541.889 million, up 8.1% from the previous fiscal year, and the ordinary loss was ¥118.546 million, compared with an ordinary loss of ¥417.700 million in the previous fiscal year.」
The motorcycle business generated higher revenue than in the previous fiscal year, and the ordinary loss narrowed from ¥417.700 million to ¥118.546 million, although it remained in the red. - FY2017-Q3MitigatedAnnual report
「In the motorcycle business, the initiatives described above resulted in average selling price per vehicle (revenue per vehicle) and average gross profit per vehicle exceeding the same period of the previous year, but unit sales were lower. As a result, revenue was ¥12,607.444 million, up 3.8% year on year, and the ordinary loss was ¥166.062 million, compared with an ordinary loss of ¥388.574 million in the same period of the previous year.」
Although unit sales in the motorcycle business were lower than in the same period of the previous year, revenue increased 3.8% year on year and the ordinary loss narrowed. - FY2017-Q2MitigatedAnnual report
「In the motorcycle business, the initiatives described above resulted in average selling price per vehicle (revenue per vehicle) and average gross profit per vehicle exceeding the same period of the previous year, but unit sales were lower. As a result, revenue was ¥8,275.090 million, up 4.2% year on year, and the ordinary loss was ¥173.442 million, compared with an ordinary loss of ¥304.509 million in the same period of the previous year.」
Following the integration, the motorcycle business posted a 4.2% year-on-year increase in revenue, while the ordinary loss narrowed from the same period of the previous year. Unit sales, however, were lower. - FY2017-Q1ReframedAnnual report
「In light of these factors, the reported segments were changed from the previous three categories, “Motorcycle Purchasing Business,” “Motorcycle Retail Business” and “Parking Business,” to two categories, “Motorcycle Business” and “Parking Business,” beginning with the first quarter accounting period under review, to reflect the actual nature of the transactions.」
Disclosure has changed from reporting the motorcycle purchasing business separately to reporting an integrated “Motorcycle Business” covering purchasing and retail. - FY2016-Q3WorsenedAnnual report
「As a result, revenue before the elimination of intersegment transactions was ¥10,276,342 thousand, down 7.2% year on year, and the ordinary loss was ¥676,425 thousand, compared with ordinary profit of ¥18,314 thousand in the same period of the previous year.」
The motorcycle purchasing business recorded a year-on-year decline in revenue and changed from ordinary profit in the previous period to an ordinary loss of ¥676,425 thousand. - FY2016-Q2MaterialisedAnnual report
「As a result, revenue before the elimination of intersegment transactions was ¥6,782,902 thousand, down 8.9% year on year, and the ordinary loss was ¥433,813 thousand, compared with ordinary profit of ¥110,254 thousand in the same period of the previous year.」
The disclosure states that revenue in the motorcycle purchasing business declined year on year and that the business moved from ordinary profit to ordinary loss.