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Asaka Industrial (5962) · InitiativeOrders increased, but logistics equipment sales declinedLatest Results (2026-11-12): "Other"

Expanding distribution channels and strengthening customer service for logistics system products

First written in FY2016. 17 of 40 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-11-12.

40entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q3 – FY2020OtherFY2025-H1 – FY20262016: 320162017: 420172018: 420182019: 320192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 52026
Same theme, other companies
Growth of the Logistics Equipment Business and Expansion of Automation SolutionsA theme 7 companies write about · 1 as a headwind · 6 as a tailwind

The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.

1 other company's latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026Orders increased, but logistics equipment sales declinedAnnual report

    「Although inquiries were trending down, intensive order-taking efforts resulted in an order value exceeding the previous fiscal year's result. Revenue also progressed relatively steadily, but declined from the previous fiscal year because projects recognized as revenue had been concentrated in the first half of the previous fiscal year. Revenue was ¥3,046 million, down 10.5% from the previous fiscal year.」

    Although order-taking efforts continued despite a decline in inquiries and the order value exceeded the previous fiscal year's result, revenue declined 10.5% from the previous fiscal year.
  2. FY2026-H1Order value exceeded the previous fiscal year's result, but logistics equipment revenue declinedAnnual report

    「Although inquiries were trending down, intensive order-taking efforts resulted in an order value exceeding the previous fiscal year's result. Revenue also progressed relatively steadily, but declined compared with the previous interim period, when projects recognized as revenue were concentrated. Revenue was ¥1,473 million, down 22.3% year on year.」

    Although order-taking efforts continued despite a decline in inquiries, the order value exceeded the previous fiscal year's result. In contrast, logistics equipment revenue declined 22.3% from the previous interim period, when projects recognized as revenue were concentrated.
  3. FY2025Full-year revenue growth from previously booked projects despite lower new ordersAnnual report

    「Although inquiries were trending down and orders received during the current fiscal year declined, revenue was ¥3,404 million, up 1.3% from the previous fiscal year, as revenue from projects booked by the end of the previous fiscal year was concentrated in the first half.」

    Although new orders and inquiries were trending down, full-year logistics equipment revenue rose 1.3% from the previous fiscal year to ¥3,404 million as projects booked by the end of the previous fiscal year were concentrated in the first half.
  4. FY2025-H1Lower new orders but higher revenue from concentration of previously booked projects in the first halfAnnual report

    「Although orders received during the current fiscal year were trending down, revenue was ¥1,897 million, up 13.2% year on year, as projects booked by the end of the previous fiscal year were concentrated in the first half.」

    Although new orders during the current fiscal year were trending down, logistics equipment revenue rose 13.2% year on year as projects booked by the end of the previous fiscal year were concentrated in the first half.
  5. FY2024AdvancedAnnual report

    「In logistics equipment, procurement of various components, including electrical components, became extremely difficult during the previous fiscal year due to semiconductor shortages, reducing the number of projects recognized as revenue during the cumulative second quarter. However, revenue was ¥3,360 million, up 17.1% from the previous fiscal year, as various components were procured ahead of schedule by the end of the previous fiscal year and order intake remained relatively solid.」

    Early procurement of components and relatively solid orders resulted in full-year logistics equipment revenue rising 17.1% year on year.
  6. FY2024-Q3AdvancedAnnual report

    「In logistics equipment, procurement of various components, including electrical components, became extremely difficult during the previous fiscal year due to semiconductor shortages, reducing the number of projects recognized as revenue during the cumulative second quarter. However, revenue was ¥2,584 million, up 15.8% year on year, as various components were procured ahead of schedule by the end of the previous fiscal year and order intake remained relatively solid.」

    Early procurement of components and relatively solid orders resulted in cumulative third-quarter logistics equipment revenue rising 15.8% year on year.
  7. FY2024-Q2AdvancedAnnual report

    「In logistics equipment, procurement of various components, including electrical components, became extremely difficult during the previous fiscal year due to semiconductor shortages, reducing the number of projects recognized as revenue during the cumulative second quarter. However, revenue was ¥1,676 million, up 41.8% year on year, as various components were procured ahead of schedule by the end of the previous fiscal year and order intake remained relatively solid.」

    Early procurement of components and relatively solid orders resulted in cumulative second-quarter logistics equipment revenue rising 41.8% year on year.
  8. FY2024-Q1AdvancedAnnual report

    「Revenue was ¥769 million, up 38.9% year on year, as various components, including electrical components, were procured ahead of schedule by the end of the previous fiscal year, while order intake also remained relatively solid.」

    Early procurement of components and solid orders resulted in first-quarter logistics equipment revenue rising 38.9% year on year.
  9. FY2023Lower logistics equipment revenue amid difficulty procuring componentsAnnual report

    「Although capital investment across the industry remained extremely challenging amid an uncertain business environment during the COVID-19 pandemic, order intake was relatively solid. However, procurement of various components, including electrical components, became extremely difficult due to semiconductor shortages, extending the period from order receipt to completion of delivery, installation and construction. Despite efforts to expand sales, revenue was ¥2,868 million, down 1.8% from the previous fiscal year.」

    Although orders for logistics equipment were relatively solid and sales expansion initiatives continued, full-year revenue declined 1.8% year on year as difficulty procuring components and longer lead times persisted.
  10. FY2023-Q3AdvancedAnnual report

    「During the first half, procurement of various components, including electrical components, became extremely difficult due to semiconductor shortages, extending the period from order receipt to completion of delivery, installation and construction. These issues gradually eased from October onward, and revenue progressed steadily, resulting in revenue of ¥2,231 million, up 14.3% year on year.」

    In logistics equipment, difficulty procuring components and longer lead times gradually eased from October onward, and revenue recovered to 14.3% growth year on year.
  11. FY2023-Q2RestatedAnnual report

    「Although capital investment across the industry remained extremely challenging amid an uncertain business environment during the COVID-19 pandemic, order intake was relatively solid. However, procurement of various components, including electrical components, became extremely difficult due to semiconductor shortages, extending the period from order receipt to completion of delivery, installation and construction. As a result, revenue was ¥1,182 million, down 10.0% year on year.」

    Although orders for logistics equipment were relatively solid, cumulative second-quarter revenue declined 10.0% year on year as difficulty procuring components and the longer period required to complete construction persisted.
  12. FY2023-Q1Solid orders but lower revenue recognition due to difficulty procuring componentsAnnual report

    「Although capital investment across the industry remained extremely challenging amid an uncertain business environment during the COVID-19 pandemic, order intake was relatively solid. However, procurement of various components, including electrical components, became extremely difficult due to semiconductor shortages, extending the period from order receipt to completion of delivery, installation and construction. As a result, fewer projects reached the point of revenue recognition during the first quarter, and revenue was ¥553 million, down 22.5% year on year.」

    Although orders for logistics equipment were relatively solid, first-quarter revenue and the number of projects recognized as revenue declined due to difficulty procuring components and the longer period required to complete construction.
  13. FY2022Higher margins amid lower logistics equipment revenueAnnual report

    「Although the outlook for capital investment across the industry was extremely challenging amid an uncertain business environment during the COVID-19 pandemic, efforts to expand sales resulted in revenue of ¥2,920 million, down 1.6% from the previous fiscal year. Segment profit rose 3.5% from the previous fiscal year to ¥250 million as cost reductions improved the operating margin.」

    Although sales expansion initiatives continued in logistics equipment, revenue declined. Segment profit rose 3.5% year on year due to cost reductions.
  14. FY2022-Q3Continued sales expansion but lower logistics equipment revenueAnnual report

    「Although the outlook for capital investment across the industry was extremely challenging amid an uncertain business environment during the COVID-19 pandemic, efforts to expand sales fell short of preventing revenue from declining to ¥1,952 million, down 6.4% year on year.」

    Although sales expansion initiatives continued amid an extremely challenging and uncertain capital investment environment, cumulative third-quarter revenue from logistics equipment declined 6.4% year on year.
  15. FY2022-Q2AdvancedAnnual report

    「Although the outlook for capital investment across the industry was extremely challenging amid an uncertain business environment during the COVID-19 pandemic, efforts to expand sales resulted in revenue of ¥1,314 million, up 2.5% year on year.」

    Despite the extremely challenging capital investment environment, sales expansion initiatives in logistics equipment resulted in cumulative second-quarter revenue rising 2.5% year on year.
  16. FY2022-Q1AdvancedAnnual report

    「Although the outlook for capital investment across the industry was extremely challenging amid an uncertain business environment during the COVID-19 pandemic, efforts to expand sales resulted in revenue of ¥714 million, up 25.0% year on year.」

    Despite the challenging capital investment environment, sales expansion initiatives in logistics equipment resulted in first-quarter revenue rising 25.0% year on year.
  17. FY2021Higher margins amid lower logistics equipment revenueAnnual report

    「The outlook for capital investment across the industry was extremely challenging amid an uncertain business environment during the COVID-19 pandemic. Despite efforts to expand sales, revenue was ¥2,969 million, down 2.9% from the previous fiscal year. Segment profit, however, rose 10.1% from the previous fiscal year to ¥242 million as the operating margin improved, reflecting lower travel expenses from curtailing business activities and cost reductions.」

    Although sales expansion initiatives continued in logistics equipment, revenue declined due to the deterioration in the capital investment environment. Segment profit increased as a result of lower travel expenses and cost reductions.
  18. FY2021-Q3Deteriorating capital investment outlook and lower logistics equipment revenueAnnual report

    「The outlook for capital investment across the industry is extremely challenging, and uncertain conditions are expected to persist. Despite efforts to expand sales, revenue was ¥2,086 million, down 9.2% year on year.」

    Although sales expansion initiatives continued in logistics equipment, cumulative third-quarter revenue declined 9.2% year on year as the outlook for capital investment became extremely challenging and uncertain.
  19. FY2021-Q2Continued sales expansion but lower revenue amid uncertain capital investmentAnnual report

    「Capital investment across the industry is expected to remain under uncertain conditions. Despite efforts to expand sales, revenue was ¥1,281 million, down 20.1% year on year.」

    Although sales expansion initiatives continued in logistics equipment, cumulative second-quarter revenue declined 20.1% year on year amid uncertainty surrounding capital investment.
  20. FY2021-Q1Continued sales expansion but lower revenue due to project delaysAnnual report

    「Capital investment across the industry is expected to remain under increasingly uncertain conditions. Despite efforts to expand sales, revenue was ¥572 million, down 27.3% year on year, partly because some projects were postponed.」

    Although sales expansion initiatives continued in logistics equipment, first-quarter revenue declined 27.3% year on year due to uncertainty surrounding capital investment and project delays.
  21. FY2020AdvancedAnnual report

    「Although capital investment remained weak in some industries, it continued on a gradual recovery trend on the back of improved corporate earnings. As a result of efforts to expand sales and increase revenue, revenue was ¥3,058 million, up 10.8% year on year.」

    Sales expansion initiatives in logistics equipment resulted in full-year revenue of ¥3,058 million, up 10.8% year on year.
  22. FY2020-Q3AdvancedAnnual report

    「Although capital investment remained weak in some industries, it continued on a gradual recovery trend on the back of improved corporate earnings. As a result of efforts to expand sales and increase revenue, revenue was ¥2,297 million, up 16.8% year on year.」

    Sales expansion initiatives in logistics equipment resulted in cumulative third-quarter revenue rising 16.8% year on year.
  23. FY2020-Q2AdvancedAnnual report

    「Capital investment across the industry continued on a gradual recovery trend on the back of improved corporate earnings. As a result of efforts to expand sales, revenue was ¥1,604 million, up 31.3% year on year.」

    Sales expansion initiatives in logistics equipment resulted in cumulative second-quarter revenue rising 31.3% year on year.
  24. FY2020-Q1AdvancedAnnual report

    「Capital investment across the industry continued to recover, albeit gradually, on the back of improved corporate earnings. As a result of efforts to expand sales, revenue was ¥786 million, up 52.1% year on year.」

    Sales expansion initiatives for logistics equipment resulted in first-quarter revenue rising 52.1% year on year.
  25. FY2019-Q3AdvancedAnnual report

    「Capital investment across the industry continued to recover on the back of improved corporate earnings. As a result of efforts to expand sales and increase revenue, revenue was ¥1,967 million, up 5.1% year on year.」

    Sales expansion initiatives in logistics equipment resulted in cumulative third-quarter revenue rising 5.1% year on year.
  26. FY2019-Q2Continued order recovery but lower revenueAnnual report

    「Capital investment across the industry remained firm on the back of improved corporate earnings, and our order intake was also recovering as we worked to expand sales. However, revenue was ¥1,222 million, down 3.6% year on year.」

    In logistics equipment, sales expansion initiatives supported recovering order intake, but cumulative second-quarter revenue declined 3.6% year on year.
  27. FY2019-Q1Order recovery and delays in revenue recognitionAnnual report

    「Capital investment across the industry remained firm on the back of improved corporate earnings, and our order intake was also recovering. However, few projects reached the point of revenue recognition during the cumulative first quarter, resulting in revenue of ¥517 million, down 13.1% year on year.」

    Although order intake for logistics equipment was recovering, few projects reached the point of revenue recognition during the quarter, resulting in revenue declining 13.1% year on year.
  28. FY2018AdvancedAnnual report

    「In the logistics equipment segment, capital investment across the industry was recovering on the back of improved corporate earnings. As a result of efforts to secure orders and expand sales, revenue was ¥2,799 million, up 17.0% from the previous fiscal year.」

    Continued proactive order-taking in logistics equipment resulted in full-year revenue rising 17.0% from the previous fiscal year.
  29. FY2018-Q3AdvancedAnnual report

    「Capital investment in the industry continued to recover gradually against a backdrop of improved corporate earnings. Despite the continuing impact of price competition and other factors, our active order-taking activities and efforts to expand sales resulted in sales of ¥1,871 million, up 6.6% year on year.」

    We conducted active order-taking activities despite the continuing impact of price competition and other factors, and cumulative logistics equipment sales for the first 3 quarters increased 6.6% year on year.
  30. FY2018-Q2AdvancedAnnual report

    「Capital investment in the industry continued to recover gradually against a backdrop of improved corporate earnings. Despite the continuing impact of price competition and other factors, our active order-taking activities and efforts to expand sales resulted in sales of ¥1,267 million, up 10.3% year on year.」

    We conducted active order-taking activities amid continuing price competition, and logistics equipment sales for the first half increased 10.3% year on year.
  31. FY2018-Q1AdvancedAnnual report

    「Capital investment in the industry continued to recover gradually against a backdrop of improved corporate earnings. Despite the continuing impact of price competition and other factors, our active order-taking activities and efforts to expand sales resulted in sales of ¥595 million, up 6.4% year on year.」

    We conducted active order-taking activities for logistics equipment, and first-quarter sales increased 6.4% year on year despite continuing price competition.
  32. FY2017RestatedAnnual report

    「For logistics system-related products, we are focusing on expanding new distribution channels, strengthening and developing services for users with a history of installations, and improving sales activities and technical capabilities to meet customer needs.」

    For logistics system-related products, we continue to focus on expanding new distribution channels, strengthening and developing services for existing users, and improving sales activities and technical capabilities.
  33. FY2017-Q3RestatedAnnual report

    「We worked to expand sales of core products such as mobile shelving, but were affected by price competition and other factors」

    In the logistics equipment business, we continue to expand sales of core products such as mobile shelving.
  34. FY2017-Q2RestatedAnnual report

    「We worked to expand sales of core products such as mobile shelving, but were affected by price competition and other factors」

    We continue to expand sales of core logistics equipment products such as mobile shelving.
  35. FY2017-Q1RestatedAnnual report

    「We worked to expand sales of core products such as mobile shelving, but were affected by price competition and other factors」

    We continue to expand sales of core logistics equipment products such as mobile shelving.
  36. FY2016First statedAnnual report

    「For logistics system-related products, we are focusing on expanding new distribution channels, strengthening and developing services for users with a history of installations, and improving sales activities and technical capabilities to meet customer needs.」

    In addition to expanding new distribution channels, we are strengthening and developing services for existing customers with installed products, while advancing sales activities and improving technical capabilities.
Moved together

"Improving ROE through higher gross profit and cost reductions" moved the same way as this thread, in the same document, in 12 of its 40 moves.

12125444★123456
  1. ★This thread
  2. 1Improving ROE through higher gross profit and cost reductions12×
  3. 2New Sales Channels and Market-Fit Product Development12×
  4. 3Difficulty procuring components for logistics equipment and longer lead times due to semiconductor shortages and other factors5×
  5. 4New product development and improvement and enhancement of existing products4×
  6. 5Operating cash flow turned positive in the cumulative second quarter4×
  7. 6Economic sanctions in export destinations and delays in product acceptance inspections4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Asaka Industrial's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results of 2026-11-12: "Other".
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Expanding distribution channels and strengthening customer service for logistics system products | ASAKA INDUSTRIAL CO.,LTD. (5962) | Komori