Komori
Chugokukogyo (5974) · InitiativeDropped

Transfer of the underperforming materials-handling equipment business

First written in FY2016. 1 of 6 entries say "Achieved", first in FY2016. Latest entry: FY2021.

6entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q3 – FY20212016: 220162017: 320172018: 020182019: 020192020: 020202021: 12021
Same theme, other companies
Transfer of the materials handling equipment businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021DroppedAnnual report
    This filing contains no specific mention of the transfer of the materials-handling equipment business or the related change in the segment name.
  2. FY2018-Q1RestatedAnnual report

    「In the previous consolidated fiscal year, following the transfer of the materials-handling equipment business within the steel structures and transportation business, the name of the reportable segment was changed from “Steel Structures and Transportation Business” to “Steel Structures and Equipment Business.” The change had no impact on segment information.」

    The filing reiterates the change in the reportable segment name accompanying the transfer of the materials-handling equipment business. It states that the name change had no impact on segment information.
  3. FY2017Continuing impact of the business transferAnnual report

    「Due to the impact of transferring the materials-handling equipment business in the previous consolidated fiscal year, total revenue was ¥528 million, down ¥179 million from the same period of the previous year.」

    The transfer of the materials-handling equipment business completed in the previous fiscal year continued to affect revenue in the Steel Structures and Equipment Business in the current fiscal year.
  4. FY2017-Q3Continuing impact of the business transferAnnual report

    「Due to the impact of transferring part of the business in the previous consolidated fiscal year, total revenue was ¥355 million, down ¥204 million (36.4%) from the same period of the previous year.」

    The transfer of the materials-handling equipment business and other businesses completed in the previous fiscal year continued to affect revenue in the Steel Structures and Equipment Business in the third quarter of the current fiscal year.
  5. FY2017-Q1ReframedAnnual report

    「In the previous consolidated fiscal year, following the transfer of the materials-handling equipment business within the steel structures and transportation business, the name of the reportable segment was changed from “Steel Structures and Transportation Business” to “Steel Structures and Equipment Business.”」

    Following the transfer of the materials-handling equipment business, the name of the reportable segment changed from “Steel Structures and Transportation Business” to “Steel Structures and Equipment Business.”
  6. FY2016AchievedAnnual report

    「In the materials-handling equipment business, profitability has declined in recent years due to various circumstances. The company worked to expand orders to secure profitability, but decided to transfer the business because this was difficult under the current circumstances.」

    The company transferred the business to Nisshin Koki Co., Ltd. on 1 September 2015 and recorded a gain on transfer of business of ¥89.221 million.
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Chugokukogyo's next results are scheduled for 2026-11-12. Read the earnings preview
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