Improving Profitability by Optimizing Equipment Mix and Reducing Seasonal Utilization Fluctuations

「Temporary construction equipment rental companies began moving to secure equipment amid concerns over supply constraints caused by the situation in the Middle East. In addition, the user base adopting the new “Albatross” scaffolding system expanded through the ongoing coordination between sales and rental operations」

「In rentals for mid- and high-rise buildings, utilization rates for key product groups, including Albatross, remained on track, particularly in the Tokyo metropolitan area, as the company captured the shift from purchasing to renting. In low-rise rentals, construction staffing remained stable and orders were handled steadily, resulting in revenue at a level comparable to the previous period.」

「In the Rental segment, utilization rates for mid- and high-rise applications remained solid, while the company steadily responded to orders for low-rise applications. As a result, revenue was at the same level as in the previous fiscal year.」

「In mid- and high-rise rental operations, utilization of major product lines, including Albatross, progressed steadily, particularly in the Tokyo metropolitan area, as the company captured the trend of shifting from purchasing to renting. In low-rise rental operations, stable construction staffing enabled the company to steadily handle orders, but activity slowed in the Kansai region due to adjustments to construction starts and progress.」

「In rentals for mid- and high-rise buildings, rental demand from customers considering purchasing temporary construction equipment lifted utilization rates for key product groups, including Albatross, and kept revenue strong. In low-rise rentals, revenue also remained firm as construction staffing stabilized and workloads became more evenly distributed.」

「In rentals for mid- and high-rise buildings, rental demand from customers considering purchasing temporary equipment lifted utilization rates for key product groups, including Albatross, and kept revenue strong. In low-rise rentals, revenue also remained firm as construction staffing stabilized and workloads became more evenly distributed.」

「In rentals for mid- and high-rise buildings, rental demand from customers considering purchasing temporary equipment lifted utilization rates for key product groups, including Albatross, and kept revenue strong. In low-rise rentals, revenue also remained firm as construction staffing stabilized and workloads became more evenly distributed. Segment profit increased 36.3% year on year to ¥364 million.」

「In rentals for mid- and high-rise buildings, rental demand from customers considering purchasing temporary equipment, centered on Albatross, lifted utilization rates and kept revenue firm. Revenue also remained firm at an overseas subsidiary that was converted from an equity-method affiliate into a consolidated subsidiary during the previous consolidated fiscal year. In terms of earnings, segment profit was ¥383 million, down 12.4% year on year, due to higher depreciation resulting from aggressive investment in rental assets.」

「In rentals for mid- and high-rise buildings, rental demand from customers considering purchasing temporary equipment, centered on Albatross, lifted utilization rates and kept revenue firm. Revenue also remained firm at an overseas subsidiary that was converted from an equity-method affiliate into a consolidated subsidiary during the previous consolidated fiscal year. Although depreciation increased due to investment in rental assets, higher revenue resulted in segment profit increasing 62.6% year on year to ¥589 million.」

「In rentals for mid- and high-rise buildings, rental demand from customers considering purchasing temporary equipment, centered on Albatross, lifted utilization rates and kept revenue firm. Revenue also remained firm at an overseas subsidiary that was converted from an equity-method affiliate into a consolidated subsidiary during the previous consolidated fiscal year. In terms of earnings, segment profit increased 111.9% year on year to ¥449 million due to higher revenue.」

「In rentals for mid- and high-rise buildings, rental demand from customers considering purchasing temporary equipment, centered on Albatross, lifted utilization rates and kept revenue firm. Revenue also increased at an overseas subsidiary that was converted from an equity-method affiliate into a consolidated subsidiary during the previous consolidated fiscal year. In terms of earnings, segment profit increased 104.3% year on year to ¥267 million due to higher revenue.」

「In rentals for mid- and high-rise buildings, utilization rates for temporary equipment, centered on Albatross, remained above the year-earlier level from the beginning of the period, while orders for low-rise rentals also remained firm. Signs of recovery also emerged in event rentals, which had been strongly affected by COVID-19.」

「In rentals for mid- and high-rise buildings, utilization rates for temporary equipment, centered on Albatross, remained above the year-earlier level from the beginning of the period. Orders for low-rise rentals also remained firm, while signs of recovery emerged in event rentals, which had been strongly affected by COVID-19.」

「In rentals for mid- and high-rise buildings, utilization rates for temporary equipment, centered on Albatross, remained above the year-earlier level from the beginning of the period, while signs of recovery emerged in event rentals, which had been strongly affected by COVID-19.」

「In the rental-related business, utilization rates for temporary equipment recovered to pre-COVID levels seen during the same period two years earlier in the summer and continued to rise thereafter.」

「In the rental-related business, utilization rates for temporary equipment recovered to pre-COVID levels seen during the same period two years earlier in the summer and continued to rise thereafter.」

「In the rental-related business, utilization rates for temporary equipment rose to pre-COVID levels seen during the same period two years earlier.」

「Utilization rates for temporary equipment in rentals for mid- and high-rise buildings increased, while rentals for events, which had been strongly affected by COVID-19, remained firm due to Olympic-related orders.」

「In terms of earnings, depreciation declined because investment in rental assets was adjusted in a timely manner based on current utilization levels, but the decline in revenue resulted in segment profit falling 7.2% year on year to ¥128 million.」

「In the rental-related business, the company will continue to strengthen the adoption of the new Albatross scaffolding system, which is expected to achieve further growth, and the development of related equipment. Segment profit increased 78.8% year on year to ¥555 million, mainly because utilization rates for rental assets, centered on the new Albatross scaffolding system, remained strong from the beginning of the period.」

「In terms of earnings, segment profit increased 67.4% year on year to ¥755 million, partly because utilisation rates for rental assets remained strong from the beginning of the period.」

「In terms of earnings, segment profit increased 187.3% year on year to ¥500 million, partly because utilisation rates for rental assets remained strong from the beginning of the period.」

「In terms of earnings, segment profit increased 8.1% year on year to ¥138 million, mainly because utilization rates for rental assets remained strong from the beginning of the period.」

「We will continue investing in rental assets while working to improve profitability by optimizing the category mix of equipment held and reducing seasonal fluctuations in equipment utilization.」