Higher Depreciation, Installation and Transportation Costs for Rental Assets
First written in FY2017-Q3. 12 of 30 entries say "Materialised", first in FY2017-Q3. Latest entry: 2026-07-17.
Alinco moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In terms of profit and loss, depreciation increased because the company continued to invest actively in rental assets to respond to the shift “from purchasing to rental,” and segment profit fell 9.8% year on year to ¥1,269 million.」
Higher depreciation expenses associated with active investment in rental assets emerged in the full-year results as a factor reducing segment profit in the rental-related business by 9.8% from the previous fiscal year. - FY2026-H1MaterialisedAnnual report
「In terms of earnings, segment profit decreased 24.0% year on year to ¥577 million, as depreciation increased due to the decline in net sales and continued active investment in rental assets to respond to the shift from purchasing to renting.」
Higher depreciation expenses associated with active investment in rental assets emerged as a factor reducing segment profit in the rental-related business by 24.0% year on year. - FY2025Confirmation of the full-year decline in depreciation expensesAnnual report
「In terms of earnings, depreciation expenses decreased by ¥1,216 million year on year partly because, from the first-quarter consolidated accounting period, the depreciation method for rental assets was changed from the previous declining-balance method over 5 years to the straight-line method over 8 years. Segment profit consequently increased 267.2% from the previous fiscal year to ¥1,407 million.」
The change in the depreciation method for rental assets reduced full-year depreciation expenses by ¥1,216 million year on year, becoming a factor behind higher profit in the rental-related business. - FY2025-H1Decline in Depreciation ExpenseAnnual report
「In terms of earnings, depreciation expenses decreased by ¥489 million year on year partly because, from the current interim consolidated accounting period, the depreciation method for rental assets was changed from the previous declining-balance method over 5 years to the straight-line method over 8 years. Segment profit consequently increased 68.8% year on year to ¥759 million.」
The change in the depreciation method for rental assets reduced depreciation expenses by ¥489 million year on year, becoming a factor behind higher segment profit in the rental-related business. - FY2024MaterialisedAnnual report
「In terms of earnings, segment profit was ¥383 million, down 12.4% from the previous fiscal year, as depreciation expenses increased due to active investment in rental assets.」
Higher depreciation expenses associated with active investment in rental assets were reflected in the full-year results as a factor reducing segment profit in the rental-related business by 12.4% from the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「In terms of earnings, although investment in rental assets increased depreciation expenses, segment profit rose 62.6% year on year to ¥589 million as a result of higher revenue.」
Although depreciation expenses associated with investment in rental assets continued to increase, the impact on profit in the rental-related business was offset by higher revenue. - FY2023-Q3MitigatedAnnual report
「In terms of earnings, despite continued severe price competition, segment profit increased 41.9% year on year to ¥362 million as a result of higher revenue.」
Although severe price competition continued, segment profit in the rental-related business rose 41.9% year on year as a result of higher revenue, mitigating the impact on earnings. - FY2023-Q2MitigatedAnnual report
「In terms of earnings, despite continued severe price competition, segment profit increased 40.8% year on year to ¥212 million as a result of higher revenue.」
Although severe price competition continued, segment profit in the rental-related business rose 40.8% year on year as a result of higher revenue, mitigating the impact on earnings. - FY2023-Q1RestatedAnnual report
「In terms of earnings, despite continued severe price competition, segment profit increased 2.8% year on year to ¥130 million as a result of higher revenue.」
Although severe price competition continued in the rental-related business, segment profit rose 2.8% year on year as a result of higher revenue. - FY2022RestatedAnnual report
「In terms of earnings, partly due to the impact of severe price competition amid the COVID-19 pandemic, segment profit increased by ¥30 million, or 54.6%, from the previous fiscal year to ¥86 million.」
Although the impact of severe price competition continued in the rental-related business, segment profit increased to ¥86 million. - FY2022-Q3WorsenedAnnual report
「In terms of earnings, the impact of severe price competition amid the COVID-19 pandemic did not improve, and segment profit fell 16.8% year on year to ¥255 million.」
In the rental-related business, severe price competition amid the COVID-19 pandemic did not improve, and segment profit fell 16.8% year on year. - FY2021-Q2MitigatedAnnual report
「In terms of earnings, depreciation declined because investment in rental assets was restrained based on current utilization levels, but revenue also declined, resulting in segment profit falling 77.7% year on year to ¥111 million.」
Investment in rental assets was restrained based on utilisation rates, reducing depreciation expenses and advancing the response to the cost burden associated with investment. - FY2021-Q1MitigatedAnnual report
「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.」
Adjusting investment in rental assets based on utilisation rates reduced depreciation expenses, demonstrating in the results a response to the cost burden associated with investment. - FY2020MitigatedAnnual report
「In terms of earnings, segment profit increased 78.8% from the previous fiscal year to ¥555 million, partly because utilisation rates for rental assets, particularly the new “Albatross” scaffolding system, remained strong from the beginning of the period.」
Although investment in rental assets entailed a cost burden, high utilisation, particularly of Albatross, increased profit in the rental-related business. - FY2020-Q3MitigatedAnnual report
「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.」
Strong utilisation rates for rental assets drove profit in the rental-related business 67.4% higher year on year, and continued to absorb the earnings burden associated with investment in rental assets. - FY2020-Q2MitigatedAnnual report
「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.」
Strong utilisation rates for rental assets led segment profit to increase 187.3% year on year despite the cost burden associated with investment in rental assets, offsetting the impact on earnings. - FY2019MitigatedAnnual report
「In terms of earnings, depreciation expenses increased as active investment in rental assets continued, but this was offset by higher revenue, and segment profit rose 35.8% from the previous fiscal year to ¥310 million.」
Although depreciation expenses associated with investment in rental assets continued to increase, they were offset by higher revenue, and segment profit in the rental-related business rose 35.8% from the previous fiscal year. - FY2019-Q3MitigatedAnnual report
「In terms of earnings, depreciation increased due to continued active investment in rental assets, but the increase in revenue lifted segment profit 12.4% year on year to ¥450 million.」
Although depreciation expenses increased as investment in rental assets continued, segment profit rose 12.4% year on year as a result of higher revenue, offsetting the impact on earnings. - FY2019-Q2MaterialisedAnnual report
「In terms of earnings, depreciation increased due to continued active investment in rental assets, and segment profit declined 22.8% year on year to ¥174 million.」
Higher depreciation expenses associated with investment in rental assets materialised in the current quarter as a factor reducing segment profit in the rental-related business by 22.8% year on year. - FY2019-Q1MitigatedAnnual report
「In terms of earnings, depreciation increased due to continued active investment in rental assets, but the increase in revenue drove segment profit up 195.0% year on year to ¥128 million.」
Although depreciation expenses continued to increase as investment in rental assets continued, segment profit rose 195.0% year on year as a result of higher revenue, offsetting the impact of higher costs on earnings in the current quarter. - FY2018MaterialisedAnnual report
「In terms of earnings, depreciation expenses increased as a result of active investment in rental assets to meet stronger demand, and segment profit fell 13.2% from the previous fiscal year to ¥228 million.」
Higher depreciation expenses associated with active investment in rental assets were reflected in the full-year results as a factor reducing segment profit in the rental-related business by 13.2% from the previous fiscal year. - FY2018-Q3MitigatedAnnual report
「In terms of earnings, the effect of higher revenue offset the increase in depreciation expenses resulting from active investment in rental assets to meet stronger demand, and segment profit increased 1.6% year on year to ¥401 million.」
Although depreciation expenses associated with investment in rental assets continued to increase, they were offset by the effect of higher revenue, and segment profit in the rental-related business rose 1.6% year on year. - FY2018-Q1RestatedAnnual report
「Depreciation increased due to active investment in rental assets, but the increase in revenue more than offset it, and segment profit rose by ¥59 million from the ¥16 million loss recorded in the same period of the previous year to ¥43 million.」
Although depreciation expenses associated with investment in rental assets continued to increase, segment profit returned to the black in the current quarter as a result of higher revenue. - FY2017MaterialisedAnnual report
「As depreciation increased due to active investment in rental assets to meet future demand, and competition for orders among industry peers intensified, the gross profit margin declined. As a result, segment profit fell 63.0% year on year to ¥263 million.」
Higher depreciation expenses associated with investment in rental assets and intensifying competition for orders were reflected in the full-year results as a lower gross profit margin and lower segment profit. - FY2017-Q3MaterialisedAnnual report
「Gross profit margin declined due to higher depreciation expenses for rental assets and higher installation and transportation costs, resulting in segment profit of ¥394 million, down 52.7% year on year.」
Higher depreciation, installation and transportation costs for rental assets resulted in lower gross profit margins and lower profit in the rental-related business.