Increasing Rental Investment in Next-Generation Scaffolding
First written in FY2016. 17 of 36 entries say "Restated". Latest entry: 2026-10-20.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Major capital expenditures included ¥1,738 million invested in rental assets in the rental-related business.」
Continued to invest in rental assets, with investment during the fiscal year amounting to ¥1,738 million. - FY2026-H1RestatedAnnual 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.」
The policy of continuing active investment in rental assets to respond to the shift in demand from purchasing to renting was reaffirmed. - FY2025Updated full-year investment resultsAnnual report
「Capital expenditures by segment for the fiscal year were ¥2,808 million in the rental-related business, ¥2,253 million in the construction equipment-related business, ¥203 million in the housing equipment-related business, ¥158 million in the electronics-related business, and ¥58 million in corporate administration, for a total of ¥5,482 million.」
Updated annual capital expenditures in the rental-related business to ¥2,808 million and company-wide capital expenditures to ¥5,482 million. - FY2025-H1Updated first-half investment resultsAnnual report
「Net cash used in investing activities was ¥3,220 million, mainly due to active investment in rental assets, an increase of ¥214 million from the same period of the previous year.」
Active investment in rental assets continued, and cash used in investing activities during the six-month consolidated period amounted to ¥3,220 million. - FY2024AdvancedAnnual report
「The Group increased investment in rental assets from the beginning of the fiscal year and opened the Tsukuba Equipment Center as a new supply hub in the Kanto region for temporary construction equipment, centered on the new Albatross scaffold. Capital expenditures by segment for the fiscal year were ¥2,864 million in the rental-related business, ¥1,471 million in the electronics-related business, ¥534 million in the construction equipment-related business, ¥377 million in corporate administration, and ¥123 million in the housing equipment-related business, for a total of ¥5,372 million.」
Continued to increase investment in rental assets and opened the Tsukuba Equipment Center. Annual capital expenditures in the rental-related business amounted to ¥2,864 million. - FY2024-Q3RestatedAnnual report
「The Group increased investment in rental assets from the beginning of the fiscal year and opened the Tsukuba Equipment Center as a new supply hub in the Kanto region for temporary construction equipment, centered on the new Albatross scaffold, thereby strengthening its ability to meet growing demand for temporary equipment rentals.」
Continued to make active investments in rental assets from the beginning of the fiscal year, strengthening the ability to meet rental demand. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, the Group increased investment in rental assets from the start of the period and opened the “Tsukuba Equipment Center” as a new supply base in the Kanto region for temporary equipment centered on the new scaffolding product “Albatross.” Cash flows from investing activities amounted to an outflow of ¥3.005 billion, due mainly to active investment in rental assets, an ¥1.186 billion year-on-year increase in the outflow.」
Investment in rental assets was increased from the start of the period, and the outflow from investing activities also increased by ¥1.186 billion year on year. - FY2023-Q2SoftenedAnnual report
「Cash flows from investing activities amounted to an outflow of ¥1.819 billion, mainly due to a decline in investment in rental assets. The outflow decreased by ¥478 million year on year.」
Expenditure on investing activities, including investment in rental assets, declined year on year. This indicates a slower pace of investment execution, but the disclosure does not state that the investment policy was withdrawn. - FY2022AdvancedAnnual report
「Capital expenditure by segment during the current consolidated fiscal year was ¥2.080 billion in the rental-related business, ¥724 million in the construction equipment-related business, ¥365 million in the housing equipment-related business, ¥45 million in the electronic equipment-related business and ¥79 million in the administrative division, for a total of ¥3.295 billion.」
Capital expenditure in the rental-related business totaled ¥2.080 billion for the year, confirming continued investment in rental assets in the full-year results. - FY2022-Q2AdvancedAnnual report
「Cash flows from investing activities amounted to an outflow of ¥2.297 billion. Although expenditure on the acquisition of subsidiary shares declined, investment in rental assets increased. The outflow decreased by ¥370 million year on year.」
Compared with the previous fiscal year, when investment had been restrained, the increase in investment in rental assets was reflected in a ¥2.297 billion outflow from investing activities. - FY2021SoftenedAnnual report
「In terms of earnings, depreciation declined because investment in rental assets was restrained based on utilization levels, but the impact of lower revenue was substantial, and segment profit fell 89.9% from the previous fiscal year to ¥56 million.」
The company continued throughout the full year to restrain investment in rental assets based on utilization levels, confirming a slower pace of investment expansion. - FY2021-Q2SoftenedAnnual 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.」
The company continued to restrain investment in rental assets and limit the pace of investment based on utilization levels. - FY2021-Q1SoftenedAnnual 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.」
In contrast to the previous policy of continuing to expand investment in rental assets, the company adjusted investment in a timely manner based on current utilization levels, indicating a slower pace of investment. - FY2020RestatedAnnual report
「Capital expenditure by segment during the current consolidated fiscal year was ¥2.549 billion in the rental-related business, ¥298 million in the construction equipment-related business, ¥214 million in the housing equipment-related business, ¥83 million in the electronic equipment-related business and ¥70 million in the administrative division, for a total of ¥3.216 billion.」
Continued investment in the rental-related business was confirmed by capital expenditure of ¥2.549 billion during the year. - FY2020-Q3Update on rental asset balanceAnnual report
「Rental assets 24,674,029 25,839,744 Accumulated depreciation △ 19,940,274 △ 21,051,592 Accumulated impairment losses △ 112,774 △ 117,998 Rental assets (net) 4,620,980 4,670,152」
At the end of the third quarter accounting period, rental assets totaled ¥25,839.744 million on a cost basis and ¥4,670.152 million net, both increasing from the end of the previous fiscal year. - FY2020-Q2Update on rental asset investment performanceAnnual report
「Cash flows from investing activities amounted to an outflow of ¥2.309 billion, as expenditure on the acquisition of investment securities related to M&A declined and the acquisition of rental assets became the main use of funds. This represented a ¥2.709 billion year-on-year decrease in the outflow.」
Investing activities shifted from the acquisition of M&A-related investment securities to a focus on rental asset acquisitions, resulting in an outflow of ¥2.309 billion. - FY2020-Q1Increase in rental asset balanceAnnual report
「Rental assets 24,674,029 25,325,262 Accumulated depreciation △ 19,940,274 △ 20,348,824 Rental assets (net) 4,620,980 4,860,180」
At the end of the first quarter, rental assets increased on a cost basis from ¥24,674.029 million at the end of the previous fiscal year to ¥25,325.262 million, and on a net basis from ¥4,620.980 million to ¥4,860.180 million. - FY2019RestatedAnnual report
「Capital expenditure by segment during the current consolidated fiscal year was ¥3.110 billion in the rental-related business, ¥184 million in the housing equipment-related business, ¥183 million in the electronic equipment-related business, ¥179 million in the construction equipment-related business and ¥56 million in the administrative division, for a total of ¥3.714 billion.」
Continued investment in rental assets was confirmed by capital expenditure of ¥3.110 billion in the rental-related business during the current consolidated fiscal year. - FY2019-Q3RestatedAnnual 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.」
Active investment in rental assets and the resulting increase in depreciation continued, while higher revenue lifted segment profit in the rental-related business by 12.4% year on year. - FY2019-Q2RestatedAnnual 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.」
Continued active investment in rental assets to meet demand was reconfirmed, accompanied by higher depreciation. - FY2019-Q1RestatedAnnual 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.」
Active investment in rental assets continued and depreciation increased, while higher revenue lifted segment profit by 195.0% year on year. - FY2018AdvancedAnnual report
「Capital expenditure by segment during the current consolidated fiscal year was ¥3.160 billion in the rental-related business, ¥583 million in the construction equipment-related business, ¥119 million in the housing equipment-related business, ¥95 million in the electronic equipment-related business and ¥18 million in the administrative division, for a total of ¥3.976 billion.」
Capital expenditure in the rental-related business was ¥3.160 billion for the year, confirming continued investment in rental assets in the full-year results. - FY2018-Q3RestatedAnnual report
「Revenue in the low-rise rental division was strong, exceeding the same period of the previous year, while equipment utilization in the mid- and high-rise rental business also remained strong from the start of the period. In terms of earnings, the increase in revenue offset higher depreciation resulting from active investment in rental assets to meet increased demand, and segment profit rose 1.6% year on year to ¥401 million.」
Active investment in rental assets to meet increased demand continued, accompanied by higher depreciation, while the increase in revenue lifted segment profit by 1.6% year on year. - FY2018-Q2Review of investment performanceAnnual report
「Cash flows from investing activities amounted to an outflow of ¥3.305 billion, due to the acquisition of rental assets and the acquisition of shares in 双福鋼器株式会社, which became a subsidiary, among other factors. This represented an ¥810 million year-on-year increase in the outflow.」
Continued investment in rental assets was confirmed by the ¥3.305 billion outflow from investing activities, together with the acquisition of shares in 双福鋼器株式会社. - 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.」
Continued active investment in rental assets, accompanied by higher depreciation, was reconfirmed. - FY2017AdvancedAnnual 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.」
Full-year results showed that investment in rental assets was made to meet increased demand, with capital expenditure in the rental-related business specified at ¥2.212 billion. - FY2017-Q3Rental asset balance updateAnnual report
「Total assets at the end of the third quarter were ¥46,437 million, an increase of ¥1,359 million from the end of the previous fiscal year. Current assets were ¥28,222 million, up ¥994 million, and fixed assets were ¥18,214 million, up ¥365 million. The main factor behind the increase in fixed assets was growth in tangible fixed assets, primarily rental assets.」
Growth in property, plant and equipment, primarily rental assets, confirmed continued investment in the rental-related business. - FY2017-Q1Operating Performance ReviewAnnual report
「Utilization of equipment, particularly next-generation scaffolding and aluminum work platforms, remained strong in the mid- to high-rise rental division.」
Rental equipment utilization, including next-generation scaffolding, was reported as strong in the first quarter. - FY2016First statedAnnual report
「In the rental-related business, we will also increase rental investment in next-generation scaffolding, promote its adoption across the industry and work to reduce construction costs in the temporary equipment rental business.」
The Group plans to promote next-generation scaffolding and reduce construction costs in the rental business by increasing investment.