Improving the Profitability of Logistics Systems and Strengthening the Value Chain
First written in FY2016. 18 of 37 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-09-25.
Toyo Kanetsu K.K. moved to the "Worse" side of this theme in 2022.
2 other companies' latest entry also says "Advanced".
- FY2026WorsenedAnnual report
「As a result, revenue in this business was ¥34,957 million, down 7.5% from the previous consolidated fiscal year. At the profit level, operating income fell 8.0% to ¥3,425 million in line with the decline in revenue.」
Although the company continues to pursue automation equipment projects and standardization and new-technology initiatives, the Logistics Solutions business reported lower revenue and lower profit due to the absence of large projects. - FY2026-H1AdvancedAnnual report
「Operating income was ¥2,256 million, up 11.3% year on year.」
Operating income in the Logistics Solutions business rose 11.3% year on year, supported by improved profitability from the smooth completion and handover of projects. - FY2025-H1AdvancedAnnual report
「To level out the progress of large projects, some design and production work was brought forward. As a result, revenue was recognized in line with project progress, and revenue in this business was ¥18,332 million, up 38.1% year on year. At the profit level, operating income rose 208.7% to ¥2,027 million, reflecting the increase in revenue.」
The Logistics Solutions business reported a 38.1% increase in revenue and operating income of ¥2,027 million, up 208.7% year on year, due to the leveling of large-project schedules and the front-loading of design and production work. - FY2024-Q3WorsenedAnnual report
「Revenue was recognized primarily from in-warehouse automation equipment projects incorporating the “Multi Shuttle” for online retail, 3PL and manufacturers. As a result, revenue in this business was ¥22,050 million, up 13.2% year on year, while operating income was ¥1,317 million, down 11.1%.」
The Logistics Solutions business reported higher revenue on Multi Shuttle projects, while operating income fell 11.1% year on year due in part to a gap in the first-half project schedule, creating headwinds to margin expansion. - FY2024-Q2WorsenedAnnual report
「At the profit level, the decline in high-margin projects recognized as revenue in the same period of the previous year had a negative impact, and operating income was ¥656 million, down 45.8% year on year.」
Although the Logistics Solutions business reported higher revenue, operating income fell 45.8% year on year due to the negative impact of high-margin projects in the same period of the previous year, creating headwinds to margin expansion. - FY2024-Q1WorsenedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for online retailers, 3PL providers and manufacturers. However, because the timing of large projects was uneven and revenue recognition would therefore be more concentrated from the second quarter onward, revenue from this business was ¥4,817 million, down 24.9% year on year. On the profit side, the operating loss was ¥501 million, compared with operating profit of ¥493 million in the same quarter of the previous year, reflecting the decline in revenue.」
In the Logistics Solutions business, the concentration of large-project construction schedules reduced revenue recognized in the first quarter. Revenue fell 24.9%, and operating income turned into an operating loss. - FY2023WorsenedAnnual report
「Revenue and operating profit declined because of difficulties procuring components caused by global supply chain disruptions. As a result, revenue from this business was ¥28,032 million, down 15.0% from the previous consolidated fiscal year, and operating profit was ¥2,605 million, down 17.3%.」
Although projects including the Multi Shuttle continued, the logistics solutions business posted lower revenue and profit because of difficulties procuring components. - FY2023-Q3WorsenedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for online retailers and 3PL providers. As a result, revenue from this business was ¥19,479 million, down 12.4% year on year, and operating profit was ¥1,482 million, down 22.0%.」
Although revenue recognition continued for automation equipment projects incorporating the Multi Shuttle, revenue from the logistics solutions business fell 12.4% and operating profit declined 22.0%, creating headwinds for higher profitability. - FY2023-Q2WorsenedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for online retailers and 3PL providers. As a result, revenue from this business was ¥12,867 million, down 16.1% year on year, and operating profit was ¥1,210 million, down 29.7%.」
Although revenue recognition continued for automation equipment projects incorporating the Multi Shuttle, operating profit in the logistics solutions business fell 29.7%, creating headwinds for higher profitability. - FY2023-Q1WorsenedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for online retailers, retailers and transport companies. As a result, revenue from this business was ¥6,419 million, down 17.2% year on year, and operating profit was ¥493 million, down 29.9%.」
Although revenue recognition continued for automation equipment projects incorporating the Multi Shuttle, the logistics solutions business posted lower revenue and profit, creating headwinds for higher profitability. - FY2022-Q3WorsenedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for online retailers, wholesalers, consumer cooperatives and manufacturers. As a result, revenue from this business was ¥22,248 million, up 11.3% year on year, while operating profit was ¥1,902 million, down 17.3%. There was no impact from the application of accounting standards and other guidance on revenue recognition during the cumulative third quarter of the current consolidated fiscal year.」
Although higher revenue from automation equipment projects continued, operating profit in the logistics solutions business fell 17.3% year on year, creating headwinds for higher profitability. There was no impact from applying the revenue recognition accounting standard. - FY2022-Q2AdvancedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for online retailers, wholesalers, consumer cooperatives and manufacturers. As a result, revenue from this business was ¥15,333 million, up 28.0% year on year, and operating profit was ¥1,721 million, up 48.6%. There was no impact from the application of accounting standards and other guidance on revenue recognition during the cumulative second quarter of the current consolidated fiscal year.」
The recognition of revenue from automation equipment projects incorporating the Multi Shuttle resulted in higher revenue and profit, indicating progress in improving the profitability of logistics systems based on year-on-year figures. - FY2022-Q1WorsenedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for online retailers, wholesalers, consumer cooperatives and manufacturers. As a result, revenue from this business was ¥7,748 million, up 32.3% year on year, while operating profit was ¥703 million, down 20.1%.」
Although automation equipment projects generated higher revenue, operating profit in the logistics solutions business fell 20.1% year on year, creating headwinds for higher profitability. - FY2021AdvancedAnnual report
「Operating profit was ¥3,140 million, up 11.7%, reflecting improved profitability through stronger project management and other factors.」
Operating profit in the logistics solutions business rose 11.7% year on year to ¥3,140 million, a record high, due to stronger project management, improved profitability on large projects, expansion of the maintenance business and expense reductions. - FY2021-Q3AdvancedAnnual report
「Revenue was recognized primarily from warehouse automation projects incorporating the “Multi Shuttle” for consumer cooperatives and equipment projects for airports. As a result, revenue from this business was ¥19,982 million, up 0.9% year on year, while operating profit was ¥2,300 million, up 67.9%, reflecting higher revenue and improved profitability through stronger project management and other factors.」
Operating profit in the logistics solutions business rose 67.9% year on year to ¥2,300 million due to improved profitability through stronger project management and other factors, indicating progress toward higher profitability. - FY2021-Q2AdvancedAnnual report
「Revenue was recognized primarily from equipment projects for airports and warehouse automation projects incorporating the “Multi Shuttle” for distribution businesses. As a result, revenue from this business was ¥11,979 million, down 8.0% year on year, while operating profit was ¥1,158 million, up 51.5%, reflecting improved profitability through stronger project management and other factors.」
Improved profitability through stronger project management was explicitly cited, and operating profit in the logistics solutions business rose 51.5% year on year to ¥1,158 million. - FY2021-Q1AdvancedAnnual report
「As a result, revenue from this business was ¥5,858 million, up 20.1% year on year, and operating profit was ¥880 million, compared with an operating loss of ¥75 million in the same quarter of the previous year, reflecting higher revenue and improved profitability through stronger project management and other factors.」
Improved profitability through stronger project management and expense reductions lifted the logistics solutions business from an operating loss of ¥75 million in the previous year to operating profit of ¥880 million. - FY2020-Q3AdvancedAnnual report
「Revenue was recognized primarily from equipment projects for airports and warehouse automation projects incorporating the “Multi Shuttle” for retailers and consumer cooperatives. As a result, revenue from this business was ¥19,806 million, up 18.7% year on year, and operating profit was ¥1,369 million, up 1,625.6%, reflecting higher revenue and improved profitability on large projects.」
Profitability in the logistics solutions business improved significantly through the recognition of projects involving warehouse automation equipment incorporating the Multi Shuttle and airport-related projects, together with improved profitability on large projects. - FY2020-Q2AdvancedAnnual report
「Revenue was recognized primarily from equipment projects for airports and warehouse automation projects incorporating the “Multi Shuttle” for retailers and consumer cooperatives. As a result, revenue from this business was ¥13,021 million, up 24.3% year on year, and operating profit was ¥764 million, up 380.2%, reflecting higher revenue and improved profitability on large projects.」
Profitability in the logistics solutions business improved significantly year on year as projects involving warehouse automation equipment incorporating the Multi Shuttle were recognized and profitability on large projects improved. - FY2020-Q1AdvancedAnnual report
「Revenue was recognized primarily from equipment projects for airports and warehouse automation projects incorporating the “Multi Shuttle” for retailers and consumer cooperatives. As a result, revenue from this business was ¥4,876 million, up 14.2% year on year, and operating loss was ¥75 million, compared with an operating loss of ¥183 million in the same quarter of the previous year.」
Revenue increased as projects involving automation equipment incorporating the Multi Shuttle and airport-related projects were recognized, and the operating loss narrowed from ¥183 million in the previous year to ¥75 million. However, fixed costs could not be absorbed temporarily, and the business remains in the red on an operating basis. - FY2019-Q3WorsenedAnnual report
「Revenue was recognized primarily from warehouse transport equipment projects incorporating the “Multi Shuttle” for both conventional ambient-temperature environments and frozen environments, and equipment projects for airports. However, revenue and profit declined because of lower revenue caused by project delays, the emergence of some unprofitable projects, and higher costs associated with strengthening personnel resources to support further expansion of the logistics business. As a result, revenue from this business was ¥16,690 million, down 17.3% year on year, and operating profit was ¥79 million, down 94.6%.」
Although projects for frozen-environment Multi Shuttle systems and airports were recognized, revenue from the logistics systems business fell 17.3% and operating profit declined 94.6% because of project delays, unprofitable projects and higher costs associated with strengthening personnel resources. - FY2019-Q2WorsenedAnnual report
「Revenue was recognized primarily from warehouse transport equipment projects incorporating the case-storage automation system “Multi Shuttle” and equipment projects for airports. However, revenue and profit declined because of lower revenue caused by project delays, the emergence of some unprofitable projects, and higher costs associated with strengthening personnel resources to support further expansion of the logistics business. As a result, revenue from this business was ¥10,473 million, down 24.2% year on year, and operating profit was ¥159 million, down 85.7%.」
The logistics systems business recognized revenue from projects including the Multi Shuttle, but revenue fell 24.2% and operating profit declined 85.7% because of project delays, unprofitable projects and higher costs associated with strengthening personnel resources. - FY2019-Q1WorsenedAnnual report
「Revenue was recognized primarily from warehouse transport equipment projects incorporating the “Multi Shuttle,” a case-storage automation system mainly for online retailers, and transport equipment projects for manufacturers. However, revenue and profit declined year on year because of a one-off revenue decline caused by delays in project schedules, deterioration in profitability on some projects, and higher costs from strengthening personnel resources to support further expansion of the logistics business. As a result, revenue from this business was ¥4,272 million, down 10.2% year on year, and operating loss was ¥183 million, compared with operating profit of ¥216 million in the same quarter of the previous year.」
The logistics systems business posted a 10.2% decline in revenue and swung to an operating loss because of project delays, deteriorating profitability on some projects and higher costs associated with strengthening personnel resources. These factors are adversely affecting progress toward higher profitability. - FY2018WorsenedAnnual report
「For the expanding online retail market, projects incorporating the company’s flagship product, the “Multi Shuttle,” and “GTP: Walk-Free Picking,” a system that enables picking without workers having to go to collect the items, were recognized as revenue. Personnel were redeployed as a foundation for further growth, while profit declined slightly due to higher expenses, including costs related to productivity reforms integrating design, manufacturing and procurement.」
Although projects including GTP: Walk-Free Picking generated higher revenue, profit in the logistics systems business declined 2.5% due to personnel redeployment and costs related to productivity reforms in design, manufacturing and procurement. - FY2018-Q3AdvancedAnnual report
「Revenue was generated from in-facility transport equipment incorporating the GTP: walk-free picking system using the Multi Shuttle, mainly for online retailers, among other factors. Revenue from this business was ¥20,190 million, up 38.7% year on year, while operating profit rose 14.1% to ¥1,458 million due to higher revenue.」
Revenue was recognized from equipment incorporating GTP, a goods-to-person picking system using the Multi Shuttle, resulting in year-on-year increases in revenue and operating profit in the logistics systems business. - FY2018-Q2AdvancedAnnual report
「In addition to online retail, which is on an expansionary trend, revenue was generated mainly from in-facility transport equipment projects incorporating the Multi Shuttle case automated storage system for food distributors, as well as equipment projects for airports. Revenue from this business was ¥13,823 million, up 51.0% year on year, while operating profit rose 42.6% to ¥1,111 million due to higher revenue.」
Revenue from the logistics systems business improved year on year as revenue was recognized from projects for food distributors and airports incorporating the Multi Shuttle. - FY2018-Q1WorsenedAnnual report
「Revenue was recognized primarily from warehouse transport equipment projects incorporating the “Multi Shuttle,” a case-storage automation system mainly for online retailers, and equipment projects for airports. As a result, revenue from this business was ¥4,756 million, up 32.8% year on year, while operating profit was ¥216 million, down 11.7%, due to a decline in highly profitable projects.」
Although the logistics systems business posted higher revenue, operating profit fell 11.7% year on year because of a decline in highly profitable projects, indicating a temporary deterioration in progress toward higher profitability. - FY2017AdvancedAnnual report
「Amid expanding demand for logistics systems, revenue was recognized primarily from new facilities for online retailers and retailers and equipment projects for consumer cooperatives. Profitability also improved significantly, reflecting higher revenue and cost reductions resulting from the steady implementation of priority initiatives under the medium-term management plan. As a result, revenue from this business was ¥21,711 million, up 26.2% from the previous consolidated fiscal year, operating profit was ¥1,981 million, up 197.0%, and orders received were ¥28,486 million, up 45.3%.」
Cost reductions from priority initiatives and an increase in projects lifted operating profit in the logistics systems business to ¥1,981 million, up 197.0% year on year. - FY2017-Q3AdvancedAnnual report
「Revenue was recognized primarily from new facilities for online retailers and retailers and equipment projects for consumer cooperatives. As a result, revenue from this business was ¥14,560 million, up 24.3% year on year, and operating profit was ¥1,277 million, up 297.0%, reflecting higher revenue and cost reductions resulting from the steady implementation of priority initiatives.」
Higher revenue and cost reductions from implementing priority initiatives lifted operating profit in the logistics systems business 297.0% year on year to ¥1,277 million. - FY2017-Q2AdvancedAnnual report
「Revenue was recognized primarily from new facilities for online retailers and retailers and equipment projects for consumer cooperatives. As a result, revenue from this business was ¥9,156 million, up 20.7% year on year, and operating profit was ¥779 million, reflecting higher revenue and cost reductions resulting from the steady implementation of priority initiatives, an increase of ¥750 million from the same quarter of the previous year.」
Cost reductions from implementing priority initiatives and higher revenue lifted operating profit in the logistics systems business by ¥750 million year on year to ¥779 million. - FY2017-Q1AdvancedAnnual report
「Revenue was recognized primarily from warehouse transport equipment projects incorporating the “Multi Shuttle,” a case-storage automation system mainly for online retailers, and equipment projects for consumer cooperatives. As a result, revenue from this business was ¥3,581 million, up 20.8% year on year, and operating profit was ¥245 million, compared with an operating loss of ¥167 million in the same quarter of the previous year, reflecting an increase in highly profitable projects.」
The logistics systems business swung from an operating loss in the same quarter of the previous year to operating profit of ¥245 million as the number of highly profitable projects increased, indicating progress toward higher profitability. - FY2016First statedAnnual report
「① Expand sales of highly competitive systems ② Strengthen operations in the frozen and refrigerated sectors ③ Expand business areas through alliances ④ Strengthen the value chain from sales through maintenance ⑤ Strengthen the maintenance business ⑥ Develop next-generation strategic products」
Priority initiatives include highly competitive systems, low-temperature applications, partnerships, an integrated structure from sales through maintenance, and new products.