Declining Revenue and Profit in the House Equipment Business and Lower Rental Unit Prices
First written in FY2017-Q2. 10 of 30 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-04-28.
No other company in this theme has enough history to compare yet.
- 2026-04-28ReframedFinancial results presentation
「Sales projects increased due to the impact of subsidies for labor-saving investment by small and medium-sized enterprises, while rentals remained firm, resulting in higher revenue and profit.」
The explanation shifted from a period of declining revenue and profit to higher revenue and profit supported by more sales projects due to subsidies and firm rental performance. - FY2026-H1AdvancedAnnual report
「As a result, rental operations remained steady and sales projects increased, partly due to the impact of the Small and Medium Enterprise Agency's subsidy for labor-saving investment by small and medium-sized enterprises. Revenue from this business was ¥1,901 million, up 4.1% year on year. In terms of profit, selling expenses and general and administrative expenses increased as personnel expenses rose due to improvements in employee treatment and other factors, but the increase in gross profit was substantial, resulting in segment profit (operating profit) of ¥314 million, up 3.5% year on year.」
Following the narrowing of the SMS business in the previous fiscal year, the business reported higher revenue and profit as rental operations remained steady and sales projects increased due to the impact of subsidies. - FY2024-Q3The SH business reported lower revenue and higher segment profitAnnual report
「Revenue from external customers 818 813 Segment profit 150 193」
In the cumulative third quarter, the SH business reported revenue of ¥813 million, down from ¥818 million in the same period of the previous year, while segment profit increased from ¥150 million to ¥193 million. - FY2024-Q1Turned to higher revenue and segment profitAnnual report
「SH business Revenue 262 266 1.5 Segment profit 40 63 57.5」
The SH business shifted from lower revenue and profit in the same period of the previous year to higher revenue and profit in the current quarter, with revenue of ¥266 million, up 1.5% year on year, and segment profit of ¥63 million, up 57.5%. - FY2023Continued lower revenue and segment profitAnnual report
「Fewer sales projects and lower levels of new rentals and utilization of the company's core product and service, in-house rentals, resulted in revenue from this business of ¥1,078 million, down 5.8% year on year.」
The SH business reported lower full-year revenue and profit due to weak new in-house rentals and utilization and fewer sales projects. Revenue was ¥1,078 million and segment profit was ¥219 million. - FY2023-Q3Continued lower revenue and segment profitAnnual report
「Lower levels of new rentals and utilization of the company's core product and service, in-house rentals, as well as fewer sales projects, resulted in revenue from this business of ¥818 million, down 7.7% year on year. In terms of profit, ancillary service revenue associated with new rentals declined, while lower sales and higher costs associated with house modifications and refurbishments reduced gross profit. Segment profit (operating profit) was ¥150 million, down 17.1% year on year.」
The SH business reported lower revenue and profit due to weak new in-house rentals and utilization, fewer sales projects and higher costs for house modifications and refurbishments. - FY2023-Q2Lower revenue and profit, with higher modification and refurbishment costsAnnual report
「Lower levels of new rentals and utilization of the company's core product and service, in-house rentals, resulted in revenue from this business of ¥525 million, down 9.1% year on year. In terms of profit, ancillary service revenue associated with new rentals and rental revenue associated with utilization of in-house rentals both declined, while costs increased due to modifications and refurbishments of houses, resulting in lower gross profit and segment profit (operating profit) of ¥87 million, down 20.6% year on year.」
The SH business reported lower revenue and profit as new in-house rentals and utilization weakened, compounded by higher costs associated with house modifications and refurbishments. - FY2023-Q1Shift to lower revenue and profitAnnual report
「Lower levels of new in-house rentals and utilization resulted in revenue from this business of ¥262 million, down 8.8% year on year. In terms of profit, both ancillary service revenue associated with new rentals and rental revenue associated with utilization of in-house rentals declined, resulting in lower gross profit and segment profit (operating profit) of ¥40 million, down 15.6% year on year.」
The SH business turned to lower revenue and profit as new in-house rentals and utilization weakened, with revenue of ¥262 million, down 8.8% year on year, and segment profit of ¥40 million, down 15.6%. - FY2022AdvancedAnnual report
「Steady utilization of in-house rentals resulted in revenue from this business of ¥1,144 million, up 0.0% year on year. In terms of profit, higher rental revenue associated with utilization of in-house rentals and rigorous cost management increased gross profit, resulting in segment profit (operating profit) of ¥230 million, up 23.9% year on year.」
The SH business maintained revenue at approximately the previous fiscal year's level at ¥1,144 million, while segment profit reached ¥230 million, up 23.9% year on year, due to utilization of in-house rentals and cost management. - FY2022-Q3AdvancedAnnual report
「In this business, steady utilization of in-house rentals and an increase in sales projects resulted in revenue of ¥886 million, up 1.3% year on year. In terms of profit, gross profit increased mainly because rental revenue associated with utilization of in-house rentals rose, resulting in segment profit (operating profit) of ¥181 million, up 21.4% year on year.」
The House Equipment business reported higher revenue and segment profit than in the same period of the previous year, due to steady utilization of in-house rentals and an increase in sales projects. - FY2022-Q2AdvancedAnnual report
「Steady utilization of in-house rentals and an increase in sales projects resulted in revenue from this business of ¥578 million, up 2.5% year on year.」
The House Equipment business reported revenue of ¥578 million, up 2.5% year on year, and segment profit of ¥110 million, up 20.8% year on year, due to steady utilization of in-house rentals and an increase in sales projects. - FY2022-Q1AdvancedAnnual report
「In this business, new in-house rentals progressed steadily and sales projects increased in the rental and sale of unit houses, fixtures and equipment for construction site offices, resulting in revenue of ¥288 million, up 5.5% year on year. In terms of profit, gross profit increased due to higher ancillary service revenue associated with new rentals and higher rental revenue associated with utilization of in-house rentals, resulting in segment profit (operating profit) of ¥47 million, up 0.8% year on year.」
The House Equipment business reported higher revenue and segment profit than in the same period of the previous year, due to increases in new in-house rentals and sales projects. - FY2021AdvancedAnnual report
「Steady utilization of in-house rentals resulted in revenue from this business of ¥1,144 million, up 4.3% year on year. In terms of profit, ancillary service revenue declined due to lower new rentals and returns, but rental revenue associated with utilization of in-house rentals increased, resulting in higher gross profit and segment profit (operating profit) of ¥186 million, up 0.9% year on year.」
The House Equipment business reported higher full-year revenue and profit as utilization of in-house rentals offset the decline in new rentals and returns caused by longer construction periods. - FY2021-Q3Revenue increased, while segment profit declined; new rentals and returns decreased as construction periods lengthenedAnnual report
「In this business, new rentals and returns of in-house rental houses declined due to extensions and lengthening of construction periods in the rental and sale of unit houses, fixtures and equipment for construction site offices. However, utilization of in-house rentals remained steady, resulting in revenue of ¥875 million, up 4.8% year on year. In terms of profit, rental revenue associated with utilization of in-house rentals increased, but gross profit declined as ancillary service revenue decreased due to the decline in new rentals and returns. Segment profit (operating profit) was ¥149 million, down 1.4% year on year.」
The House Equipment business reported higher revenue due to steady utilization of in-house rentals, while segment profit declined as new rentals, returns and ancillary service revenue decreased as construction periods were extended and lengthened. - FY2021-Q2AdvancedAnnual report
「In this business, orders for in-house rentals progressed steadily in the rental and sale of unit houses, fixtures and equipment for construction site offices, resulting in revenue of ¥563 million, up 4.1% year on year. In terms of profit, higher gross profit resulting from growth in rental revenue and other factors resulted in segment profit (operating profit) of ¥91 million, up 7.9% year on year.」
The House Equipment business reported higher revenue and segment profit than in the same period of the previous year, as orders for in-house rentals remained steady. - FY2021-Q1Turning to Revenue and Profit GrowthAnnual report
「In this business, orders for in-house rentals progressed steadily in the rental and sale of unit houses, fixtures and equipment for construction site offices, resulting in revenue of ¥273 million, up 5.8% year on year. In terms of profit, higher gross profit resulting from growth in rental revenue and other factors resulted in segment profit (operating profit) of ¥47 million, up 16.1% year on year.」
The House Equipment business shifted from the situation of continued lower revenue through the previous fiscal year to growth in both revenue and segment profit, as orders for in-house rentals progressed steadily. - FY2020Continued lower revenue and higher segment profitAnnual report
「Intense competition for orders and other factors resulted in revenue from this business of ¥1,097 million, down 1.0% year on year. In terms of profit, efforts to improve operational efficiency and reduce rental costs resulted in segment profit (operating profit) of ¥184 million, up 8.5% year on year.」
The House Equipment business continued to report lower revenue, while segment profit increased as a result of improved operational efficiency and lower rental costs. - FY2020-Q3Revenue declined, while segment profit increasedAnnual report
「In this business, we actively pursued sales to existing customers in the rental and sale of unit houses, fixtures and equipment for construction site offices. However, intense competition for orders to maintain market share and other factors resulted in revenue of ¥835 million, down 2.2% year on year. In terms of profit, efforts to improve operational efficiency and reduce rental costs, selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥151 million, up 8.1% year on year.」
The House Equipment business continued to report lower revenue, while segment profit increased as a result of improved operational efficiency and reductions in costs, selling expenses and general and administrative expenses. - FY2020-Q2Revenue declined, while segment profit increasedAnnual report
「Rental rates declined amid intense competition for orders to maintain market share, resulting in revenue from this business of ¥541 million, down 2.3% year on year. In terms of profit, efforts to reduce rental costs, selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥84 million, up 3.4% year on year.」
The House Equipment business continued to report lower revenue due to declining rental rates and other factors, while segment profit increased as a result of reductions in costs, selling expenses and general and administrative expenses. - FY2020-Q1Revenue declined, while segment profit increasedAnnual report
「In this business, we actively pursued sales to existing customers in the rental and sale of unit houses, fixtures and equipment for construction site offices. However, rental rates declined amid intense competition for orders to maintain market share, and revenue from this business was ¥258 million, down 3.1% year on year. In terms of profit, efforts to reduce rental costs, selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥40 million, up 35.0% year on year.」
The House Equipment business continued to report lower revenue due to declining rental rates, while segment profit increased 35.0% year on year as a result of reductions in costs, selling expenses and general and administrative expenses. - FY2019Revenue declined, while segment profit increasedAnnual report
「Rental rates declined amid intense competition for orders, resulting in revenue from this business of ¥1,108 million, down 3.2% year on year. In terms of profit, efforts to reduce rental costs, selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥170 million, up 6.1% year on year.」
The House Equipment business continued to report lower revenue, while segment profit increased as a result of reductions in costs, selling expenses and general and administrative expenses. - FY2019-Q3Revenue declined, while segment profit increasedAnnual report
「Rental rates declined amid intense competition for orders, resulting in revenue from this business of ¥853.578 million, down 3.3% year on year. In terms of profit, efforts to reduce rental costs, selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥140.646 million, up 3.2% year on year.」
The House Equipment business continued to report lower revenue due to declining rental rates, while segment profit increased as a result of reductions in costs, selling expenses and general and administrative expenses. - FY2019-Q1Turned to lower revenue and profitAnnual report
「In this business, we actively pursued sales to existing customers in the rental and sale of unit houses, fixtures and equipment for construction site offices. However, rental rates declined amid intense competition for orders to maintain market share, and revenue from this business was ¥266.907 million, down 6.2% year on year. In terms of profit, despite efforts to reduce rental costs, selling expenses and general and administrative expenses, lower revenue and a decline in the gross profit margin resulted in segment profit (operating profit) of ¥30.208 million, down 28.1% year on year.」
The House Equipment business shifted from full-year revenue growth in the previous fiscal year to lower revenue and profit in the current quarter, with revenue down 6.2% and segment profit down 28.1%. - FY2018Revenue increased, while segment profit declinedAnnual report
「Revenue from this business was ¥1,145.632 million, up 2.4% year on year. In terms of profit, higher rental costs, including house repair expenses, resulted in segment profit (operating profit) of ¥160.238 million, down 1.8% year on year.」
The House Equipment business reported higher full-year revenue, but segment profit declined due to higher rental costs, including house repair expenses. - FY2018-Q3AdvancedAnnual report
「In this business, we actively pursued the development of new customers through consolidated subsidiary RentaRise Co., Ltd. in the rental and sale of unit houses, fixtures and equipment for construction site offices. As a result, orders were secured steadily and revenue from this business was ¥883.036 million, up 4.4% year on year. In terms of profit, efforts to reduce selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥136.347 million, up 8.2% year on year.」
The House Equipment business continued to report higher revenue and segment profit than in the same period of the previous year. - FY2018-Q2AdvancedAnnual report
「In this business, we actively pursued the development of new customers through consolidated subsidiary RentaRise Co., Ltd. in the rental and sale of unit houses, fixtures and equipment for construction site offices. As a result, orders were secured steadily and revenue from this business was ¥575.467 million, up 7.8% year on year. In terms of profit, gross profit increased as revenue grew, and efforts to reduce selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥80.180 million, up 18.2% year on year.」
The House Equipment business reported higher revenue and segment profit than in the same period of the previous year, resulting in higher revenue and profit. - FY2018-Q1AdvancedAnnual report
「In this business, we actively pursued the development of new customers through consolidated subsidiary RentaRise Co., Ltd., mainly in the rental and sale of unit houses, fixtures and equipment for construction site offices. As a result, orders were secured steadily and revenue from this business was ¥284.565 million, up 15.9% year on year. In terms of profit, gross profit increased as revenue grew, and efforts to reduce selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥42.031 million, up 77.1% year on year.」
The House Equipment business shifted from lower revenue in the previous fiscal year to growth in both revenue and segment profit in the first quarter, with revenue of ¥284.565 million and profit of ¥42.031 million. - FY2017Revenue continued to decline, while segment profit turned to growthAnnual report
「In addition to lower public investment and fewer construction sites in the business area, rental rates declined amid intense competition for orders to maintain market share. As a result, revenue from this business was ¥1,118.560 million, down 3.1% year on year. In terms of profit, efforts to reduce rental costs, selling expenses and general and administrative expenses resulted in segment profit (operating profit) of ¥163.145 million, up 4.8% year on year.」
The House Equipment business continued to report lower revenue, but segment profit turned to growth as a result of reductions in costs, selling expenses and general and administrative expenses. - FY2017-Q3Although lower revenue and profit continued, the magnitude of the decline narrowed.Annual report
「In the rental and sale of modular buildings and fixtures and equipment for construction site offices, sales in this business were ¥845.821 million, down 6.2% year on year, due to declining public investment and fewer construction sites in the business area, as well as lower rental unit prices resulting from intense competition for orders to secure market share. Although efforts were made to reduce rental costs and selling, general and administrative expenses, these measures did not offset the impact of lower sales, and segment profit (operating profit) was ¥125.980 million, down 8.9% year on year.」
Revenue and profit declined in the House Equipment business for a continued period, but the declines narrowed from the previous quarter's 9.3% drop in revenue and 15.8% drop in profit. - FY2017-Q2First statedAnnual report
「In the rental and sale of modular buildings and fixtures and equipment for construction site offices, sales in this business were ¥533.839 million, down 9.3% year on year, due to declining public investment and fewer construction sites in the business area, as well as lower rental unit prices resulting from intense competition for orders to secure market share. Although efforts were made to reduce rental costs and selling, general and administrative expenses, these measures did not offset the impact of lower sales, and segment profit (operating profit) was ¥67.849 million, down 15.8% year on year.」
Revenue and segment profit in the House Supplies Business both declined against a backdrop of lower public investment and fewer worksites, as well as declining rental rates due to order competition.