Closure of Unprofitable Sites and Improvement of Earning Power at Existing Sites
First written in FY2016-Q2. 4 of 7 entries say "Advanced", first in FY2016-Q3. Latest entry: FY2018-Q1.
0 other companies' latest entry also says "Dropped".
- FY2018-Q1DroppedAnnual report
「On 30 November 2017, the company transferred the parking business it held to a newly established company through a company split (incorporation-type company split), and then transferred all shares it held in the new company to Meitetsu Kyosho Co., Ltd.」
Following the transfer of the parking business, measures related to closing the sites in question and improving their profitability are not described as operating themes for the quarter. - FY2017RestatedAnnual report
「In the parking business, the company promoted efforts to improve profitability at existing sites and develop sites with an emphasis on profitability, while also working to close unprofitable sites. As a result, revenue before elimination of intersegment transactions was ¥711,519 thousand, down 8.4% from the previous fiscal year, and ordinary profit was ¥26,366 thousand, up 14.4%.」
The company continued to improve profitability at existing sites, develop sites with an emphasis on profitability, and close unprofitable sites, resulting in a 14.4% increase in ordinary profit from the previous fiscal year. The parking business itself was transferred at the end of the period. - FY2017-Q3AdvancedAnnual report
「In the parking business, the company promoted efforts to improve profitability at existing sites and develop sites with an emphasis on profitability, while also working to close unprofitable sites. As a result, revenue was ¥533,968 thousand, down 7.9% year on year, and ordinary profit was ¥21,031 thousand, up 95.7% year on year.」
The company continued to improve profitability at existing sites, develop sites with an emphasis on profitability, and close unprofitable sites, resulting in a 95.7% year-on-year increase in ordinary profit. - FY2017-Q2AdvancedAnnual report
「In the parking business, the company promoted efforts to improve profitability at existing sites and develop sites with an emphasis on profitability, while also working to close unprofitable sites. As a result, revenue was ¥359,993 thousand, down 4.9% year on year, and ordinary profit was ¥13,456 thousand, compared with ordinary loss of ¥3,779 thousand in the same period of the previous year.」
The company continued to improve profitability at existing sites, develop sites with an emphasis on profitability, and close unprofitable sites, with ordinary loss in the same period of the previous year turning into ordinary profit of ¥13,456 thousand. - FY2017-Q1AdvancedAnnual report
「In the parking business, the company promoted efforts to improve profitability at existing sites and develop sites with an emphasis on profitability, while also working to close unprofitable sites. As a result, revenue before elimination of intersegment transactions was ¥189,113 thousand, up 1.6% year on year, and ordinary profit was ¥10,097 thousand, compared with ordinary loss of ¥4,621 thousand in the same period of the previous year.」
The company advanced efforts to improve profitability at existing sites, develop sites with an emphasis on profitability, and close unprofitable sites, turning ordinary loss in the same period of the previous year into ordinary profit. - FY2016-Q3AdvancedAnnual report
「In the parking business, the closure of unprofitable sites in the previous fiscal year affected earnings. The company also worked to improve profitability at existing sites. As a result, revenue before elimination of intersegment transactions was ¥579,818 thousand, down 1.4% year on year, and ordinary profit was ¥10,746 thousand, compared with ordinary loss of ¥9,251 thousand in the same period of the previous year.」
The company continued to close unprofitable sites and work to improve profitability at existing sites, turning ordinary loss in the same period of the previous year into ordinary profit. - FY2016-Q2First statedAnnual report
「The closure of unprofitable sites in the previous fiscal year affected earnings. The company also worked to improve profitability at existing sites. As a result, revenue before elimination of intersegment transactions was ¥378,471 thousand, down 3.2% year on year, and ordinary loss was ¥3,779 thousand, compared with ordinary loss of ¥9,392 thousand in the same period of the previous year.」
The company states that it closed unprofitable sites in the previous fiscal year and worked to improve profitability at existing sites.