Komori
The Lead Co. (6982) · InitiativeAdvancedLatest Results (2026-08-07): "Worsened"

Acquisition of a Bicycle Parking Business and Establishment of an Integrated Operating Structure from Planning and Development through Sales and Installation

First written in FY2021. 10 of 20 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-08-07.

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6years
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ProgressHeldSoftenedWorseAdvancedFY2022-Q1 – FY2022OtherFY2023-Q1 – FY2023-Q3OtherFY2024-Q1 – FY2024-Q3AdvancedFY2024 – FY2025-H1AdvancedFY2026-H1 – FY20262021: 320212022: 420222023: 420232024: 320242025: 220252026: 42026
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  1. 2026-08-07WorsenedResults

    「当セグメントの売上高は、駐輪部門における大口案件の受注が減少し、15百万円(前年同期比57.9%減)となりました。」

    駐輪事業の一貫体制を示す既存テーマについて、大口案件受注の減少により四半期実績が悪化した。
  2. FY2026AdvancedAnnual report

    「We handle the planning and development, design, manufacturing, sales and installation, and maintenance of bicycle parking equipment in an integrated manner. Going forward, we will use our strength in in-house design and development to respond closely to diversifying parking needs and strengthen the profitability of the in-house products division.」

    While continuing the integrated structure covering the bicycle parking business from planning and development through maintenance, increased large orders from government offices, station-front facilities and other customers resulted in revenue of ¥494 million and segment profit of ¥68 million. The integrated business model established after the acquisition of the business progressed to higher revenue and profit on a full-year basis.
  3. FY2026-H1AdvancedAnnual report

    「Sales in this segment rose 19.1% year on year to ¥112 million due to higher orders for facilities near stations and other projects in the bicycle parking business. The segment loss (ordinary loss) was ¥4 million, compared with a segment loss (ordinary loss) of ¥11 million a year earlier, narrowing from the previous year.」

    While maintaining the integrated structure of the bicycle parking business, increased orders for facilities in front of stations and other sites lifted revenue to ¥112 million, up 19.1% year on year, while the segment loss narrowed from ¥11 million to ¥4 million.
  4. FY2025WorsenedAnnual report

    「In the bicycle parking business acquired from 日鉄日新ビジネスサービス株式会社 in March 2021, the company inherited the bicycle parking equipment brand “Shinwa-Type Bicycle Parking System,” which has a 40-year history and a track record of installing 600,000 bicycle parking racks. It handles in-house the planning and development, design, manufacturing, sales and installation, and maintenance of bicycle parking equipment, including bicycle parking racks.」

    While maintaining its integrated structure and policy of expanding the business, the bicycle parking division recorded revenue of ¥218 million and a segment loss of ¥5 million because large projects for government offices, stations and other sites were carried forward to the following fiscal year.
  5. FY2025-H1AdvancedAnnual report

    「Meanwhile, in the bike parking business, although orders for stations and other sites were concentrated in the second half this fiscal year, revenue rose to ¥94 million, up 35.0% year on year, due to strengthened sales activities.」

    While continuing the integrated structure of the bicycle parking business and strengthening sales activities, revenue in the bicycle parking division for the first half was ¥94 million, up 35.0% year on year.
  6. FY2024AdvancedAnnual report

    「In the bicycle parking business, it is important to use the integrated in-house structure covering the planning and development, design, manufacturing, sales and installation, and maintenance of bicycle parking products, while expanding the business by broadening sales areas and channels and strengthening sales and product development capabilities. Revenue in the bicycle parking division of this segment was ¥408 million, up 42.7% from the previous fiscal year, and segment profit (ordinary profit) was ¥18 million, up 83.1%.」

    Amid efforts to maintain the integrated structure of the bicycle parking business and strengthen sales activities, revenue increased to ¥408 million and profit to ¥18 million, resulting in higher revenue and profit than in the previous fiscal year.
  7. FY2024-Q3Continued losses amid higher bicycle parking revenue and upfront investment in electric kick scootersAnnual report

    「In terms of profit and loss, although operating profit remained positive at ¥58 million, it declined 52.6% year on year due to upfront investment-related spending, including material, personnel and other costs associated with launching multiple parts for 2 new vehicle models in the automotive parts segment, as well as research and development costs for electric kick scooters in the bicycle parking segment.」

    Revenue in the bicycle parking division increased 24.7% year on year to ¥178 million, while upfront investment in research and development expenses and other spending related to electric kick scooters resulted in an ¥11 million segment loss. The burden of upfront investment was reflected in earnings as the company continued its integrated structure and development of new mobility products.
  8. FY2024-Q2Revenue recognition postponed due to construction delays on large projectsAnnual report

    「In the bike parking business, revenue was ¥69 million, down 24.1% year on year, as large orders from government offices and other customers were delayed, including because completion of construction was pushed into the second half.」

    The integrated structure covering the planning, design, manufacturing, sales, installation and maintenance of bicycle parking products continued, but construction delays postponed the completion of large projects for government offices and other customers to the second half of the fiscal year. Cumulative second-quarter revenue was ¥69 million, and the segment recorded a loss of ¥20 million.
  9. FY2024-Q1Quarterly revenue and earnings updateAnnual report

    「In the bicycle parking division, large orders for projects at stations and other sites contributed from the beginning of the fiscal year, resulting in revenue of ¥43 million, up 69.0% year on year.」

    While continuing the integrated structure covering the planning, design, manufacturing, sales, installation and maintenance of the bicycle parking business, the company recorded quarterly revenue of ¥43 million, supported by large orders for projects at stations and other sites.
  10. FY2023RaisedAnnual report

    「In the bicycle parking business, it is important to use the integrated in-house structure covering the planning and development, design, manufacturing, sales and installation, and maintenance of bicycle parking products, while developing a more profitable business model through initiatives such as developing electric kick scooters and mobile wireless power supply stands that differentiate the company from competitors.」

    In addition to the integrated structure covering the bicycle parking business from planning and development through maintenance, the company expanded its development targets to electric kick scooters and mobile wireless power supply stands, indicating a policy of pursuing a more profitable business model. Full-year revenue was ¥286 million, up 19.9% year on year.
  11. FY2023-Q3Quarterly revenue update due to the postponement of acceptance inspections for bicycle parking projectsAnnual report

    「In the bicycle parking division, many acceptance inspections for large projects involving construction at government offices, stations and other sites were scheduled for the fourth quarter. As a result, revenue recorded during the cumulative third-quarter period was limited to ¥143 million, down 13.9% year on year.」

    The integrated structure covering the planning, design, manufacturing, construction and maintenance of bicycle parking products continues, but acceptance inspections for large projects were postponed to the fourth quarter. Revenue for the cumulative third-quarter period was therefore ¥143 million.
  12. FY2023-Q2Quarterly revenue and earnings updateAnnual report

    「In the bike parking business, many of the large orders involving construction for government offices, stations and other sites had acceptance scheduled for the second half, so revenue recognized during the cumulative second quarter was limited to ¥91 million, down 14.0% year on year.」

    The bicycle parking business had received orders for large construction projects at government offices, stations and other sites, but acceptance inspections were postponed to the second half of the fiscal year. Revenue for the cumulative second-quarter period was therefore ¥91 million, and the segment recorded a loss of ¥3 million.
  13. FY2023-Q1Quarterly revenue and earnings updateAnnual report

    「In the bike parking business, continuing orders for bike parking rack sales and maintenance and repair generated revenue in line with the previous year. However, among orders involving construction for government offices, stations and other sites, many had construction acceptance scheduled for July or later, so revenue recognized during the cumulative first quarter was limited to ¥25 million, down 43.3% year on year.」

    Although sales and maintenance of bicycle parking racks continued, revenue recorded for the quarter was limited to ¥25 million because of the timing of acceptance inspections for construction projects at government offices, stations and other sites.
  14. FY2022AdvancedAnnual report

    「The bike parking business performed steadily, recording revenue of ¥238 million and segment profit (ordinary profit) of ¥13 million.」

    Following the acquisition of the business in March 2021, the company operated an integrated structure covering planning and development, design, manufacturing, sales, installation and maintenance, recording full-year revenue of ¥238 million and profit of ¥13 million.
  15. FY2022-Q3AdvancedAnnual report

    「The bicycle parking business, previously included in “Other,” was launched as a business handling the planning, design, manufacturing, construction and maintenance of bicycle parking products under the company's own brand, rather than contract manufacturing. As its quantitative importance increased, the method of including it in the “In-house Products” reportable segment was adopted. Accordingly, for the cumulative third-quarter period, ¥166,431 thousand in revenue and a segment loss of ¥6,794 thousand were included in the “In-house Products” segment, while “Other” decreased by the same amounts.」

    The bicycle parking business continues to handle the planning, design, manufacturing, construction and maintenance of products under its own brand. The amount recorded in in-house products revenue for the cumulative third-quarter period was ¥166,431 thousand, up from ¥106,805 thousand in the cumulative second-quarter period as the business expanded.
  16. FY2022-Q2AdvancedAnnual report

    「The bicycle parking business, previously included in “Other,” was launched as a business handling the planning, design, manufacturing, construction and maintenance of bicycle parking products under the company's own brand, rather than contract manufacturing. As its quantitative importance increased, the method of including it in the “In-house Products” reportable segment was adopted. Accordingly, for the cumulative second-quarter period, ¥106,805 thousand in revenue and a segment loss of ¥1,012 thousand were included in the “In-house Products” segment, while “Other” decreased by the same amounts.」

    The bicycle parking business continues to handle the planning, design, manufacturing, construction and maintenance of products under its own brand. Revenue of ¥106,805 thousand was recorded in the in-house products segment for the cumulative second-quarter period, up from ¥45,297 thousand in the first quarter as the business expanded.
  17. FY2022-Q1AdvancedAnnual report

    「From the first-quarter accounting period, the bicycle parking business, previously included in “Other,” was launched as a business handling the planning, design, manufacturing, construction and maintenance of bicycle parking products under the company's own brand, rather than contract manufacturing. As its quantitative importance increased, the method of including it in the “In-house Products” reportable segment was adopted. Accordingly, for the cumulative first-quarter period, ¥45,297 thousand in revenue and a segment loss of ¥4,639 thousand were included in the “In-house Products” segment.」

    The bicycle parking business was launched as a business handling the planning, design, manufacturing, construction and maintenance of products under the company's own brand, rather than contract manufacturing, and was transferred to the in-house products segment. Revenue of ¥45,297 thousand was recorded in the first quarter, indicating progress in establishing the business model.
  18. FY2021First statedAnnual report

    「In the bicycle parking business acquired from 日鉄日新ビジネスサービス株式会社 on 1 March 2021, the company inherited the bicycle parking equipment brand “Shinwa-Type Bicycle Parking System,” which has a 40-year history and a track record of installing 600,000 bicycle parking racks. It handles in-house the planning and development, manufacturing, sales and installation of bicycle parking equipment, including bicycle parking racks, with the aim of strengthening the profitability of its in-house products segment.」

    Starting with the business acquisition on 1 March 2021, the company disclosed for the first time its policy of quickly establishing an integrated business model handled in-house from planning and development through manufacturing, sales and installation, rather than relying on contract manufacturing.
Moved together

"Investment in the Expansion and Rationalization of Production Facilities" moved the same way as this thread, in the same document, in 8 of its 20 moves.

877644★123456
  1. ★This thread
  2. 1Investment in the Expansion and Rationalization of Production Facilities8×
  3. 2Recovery and expansion of sales and improvement of the earnings structure in the proprietary products business7×
  4. 3Decline in Orders for Large Bicycle Parking Facility Projects at Public Facilities and Other Locations7×
  5. 4Expanding New Orders for Automotive Parts6×
  6. 5Building a Revenue Structure That Generates Stable Profits4×
  7. 6Dependence on Interest-Bearing Debt and Rising Interest Rates4×

★ 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
The Lead Co.'s next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the Results of 2026-08-07: "Worsened".
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