Logistics Reform Supporting Growth in the Domestic H&PC Business
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2019-Q3.
1 other company's latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「Sales exceeded the same quarter of the previous year due to increases in electricity and chip sales, but the segment recorded a loss because temporary duplicate costs arose during the consolidation of logistics warehouses and orders in the machinery business declined.」
Temporary duplicate costs associated with the consolidation of logistics warehouses continue to arise, and the short-term cost burden is continuing during the logistics reform process. - FY2019-Q2Temporary duplicate costs associated with consolidating logistics warehousesAnnual report
「The businesses mainly comprise power sales, machinery, timber, and logistics. Sales exceeded the same quarter of the previous year due to increased chip sales, but segment profit fell below the previous year’s level because temporary duplicate costs arose during the consolidation of logistics warehouses.」
The consolidation of logistics warehouses was still in progress, resulting in temporary duplicate costs. The logistics reform and its short-term cost impact were described together. - FY2018First statedAnnual report
「From April 2018 onward, the group will bring four large logistics centers into operation sequentially at three major production sites in Shikokuchuo, Ehime Prefecture; Kani, Gifu Prefecture; and Fujinomiya, Shizuoka Prefecture. The four centers have a combined total floor area of approximately 52,000 tsubo, and are expected to improve storage efficiency by approximately 10%. The group will also promote palletized transportation instead of manual loading and unloading through measures including the development of dedicated pallets, reducing cargo-handling time by approximately 75%.」
The group gave concrete form for the first time to logistics reform targeting a 10% improvement in storage efficiency and a 75% reduction in cargo-handling time through the operation of 4 large logistics centers, the development of dedicated pallets, and the adoption of palletized transportation.