Decline in the number of explosives-magazine leases
First written in FY2021-Q2. 4 of 7 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 11 of 31 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「Rental income increased due to short-term leases for explosives magazines and other factors.」
The company secured short-term leases for explosives magazines, increasing rental income and easing the risk associated with a decline in the number of explosives-magazine leases during the fiscal year under review. - FY2023-Q3MitigatedAnnual report
「Revenue was ¥134 million, up 5.4% year on year, and segment profit was ¥94 million, up 3.0%, due mainly to new powder-magazine contracts.」
The company secured new leases in response to the previous decline in the number of explosives-magazine leases, resulting in higher revenue and profit in the leasing business. - FY2023-Q2MitigatedAnnual report
「Revenue was ¥89 million, up 4.9% year on year, and segment profit was ¥63 million, up 2.6%, due mainly to an increase in powder-magazine contracts.」
The number of leases increased in response to the previous decline in the number of explosives-magazine leases, resulting in higher revenue and profit in the leasing business. - FY2023-Q1MitigatedAnnual report
「In the leasing business, revenue was ¥43 million, up 2.6% year on year, and segment profit was ¥31 million, up 1.5%, due to new powder-magazine contracts and rent revisions accompanying facility renovations.」
The company secured new leases in response to the previous decline in the number of explosives-magazine leases, resulting in higher revenue and profit in the leasing business. - FY2022-Q3MaterialisedAnnual report
「In the leasing business, although the number of powder-magazine lease contracts declined, revisions to contract terms and other factors resulted in revenue of ¥127 million, up 1.6% year on year, and segment profit of ¥92 million, up 3.0%.」
Although the number of explosives-magazine leases continued to decline, revenue and profit in the leasing business increased following a review of the contract terms. - FY2021-Q3MaterialisedAnnual report
「Although the company secured new leases for commercial facilities, the decline in the number of explosives-magazine leases and other factors resulted in revenue of ¥125 million, down 0.7% year on year, and segment profit of ¥89 million, down 1.3%.」
The continuing decline in the number of explosives-magazine leases emerged in the results as lower revenue and profit in the leasing business. - FY2021-Q2First statedAnnual report
「In the leasing business, revenue was ¥83 million, down 1.5% year on year, and segment profit was ¥59 million, down 2.0%, mainly due to a decline in the number of powder-magazine lease contracts.」
The decline in the number of explosives-magazine leases materialised as lower revenue and profit in the leasing business.