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Medipal Holdings (7459) · InitiativeAdvanced

PALTAC’s Delivery Improvements and Support for the White Logistics Initiative

First written in FY2022-Q3. 7 of 9 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.

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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022-Q3 – FY2022AdvancedFY2024-Q1 – FY20262022: 220222023: 220232024: 320242025: 120252026: 12026
Same theme, other companies
Establishment of a Joint Logistics and SCM FrameworkA theme 28 companies write about · 0 as a headwind · 28 as a tailwind

The whole theme swung hardest in 2022: 2 of 10 companies on the "Worse" side.

15 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 28 companies compared. The sentences above are computed from all 28.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In July 2025, 株式会社PALTAC agreed to promote cooperation with 株式会社あらた in non-competitive areas, with the aim of co-creating sustainable distribution infrastructure. As the first stage, the companies began joint deliveries in the western Kanto area.」

    PALTAC's delivery improvements and response to White Logistics progressed to the operational stage with the launch of joint delivery with あらた.
  2. FY2025AdvancedAnnual report

    「In September 2024, 株式会社PALTAC (Chuo-ku, Osaka) began integrated logistics for non-food and food products with 株式会社薬王堂 (Morioka, Iwate), aiming to further optimise and improve efficiency across the entire supply chain and resolve delivery issues, including the 2024 logistics problem. In January 2025, 株式会社PALTAC also entered into a basic agreement with 三菱食品株式会社 (Bunkyo-ku, Tokyo) for coordination and collaboration aimed at building sustainable logistics and further expanding the logistics businesses of both companies, thereby pursuing initiatives to expand the scope of value provided through logistics.」

    PALTAC's delivery improvements and response to White Logistics took concrete form through the launch of integrated logistics with 薬王堂 and a basic agreement with 三菱食品 on sustainable logistics.
  3. FY2025-H1AdvancedAnnual report

    「Selling, general and administrative expenses increased by ¥641 million due to higher logistics costs and increased investment in personnel, but the ratio to net sales improved by 0.04 percentage points through fixed-cost absorption, to 5.03%.」

    At PALTAC, despite higher costs resulting from logistics expenses and investments in personnel, SG&A as a percentage of revenue improved by 0.04 percentage points to 5.03% due to fixed-cost absorption.
  4. FY2024AdvancedAnnual report

    「In addition, we will secure a new source of revenue by beginning to provide contracted food logistics services from September 2024.」

    For PALTAC's delivery improvements and response to White Logistics, the company plans to establish a specific new source of revenue by beginning to provide contracted food logistics services from September 2024.
  5. FY2024-Q3AdvancedAnnual report

    「SG&A expenses increased by ¥523 million as revenue expanded, but SG&A as a percentage of revenue improved by 0.14 percentage points to 5.03% due to fixed-cost absorption and delivery-efficiency improvements.」

    At PALTAC, SG&A as a percentage of revenue improved by 0.14 percentage points to 5.03% due to delivery-efficiency improvements and fixed-cost absorption.
  6. FY2024-Q2AdvancedAnnual report

    「The SG&A ratio improved by 0.17 percentage points to 5.07%, due to fixed-cost absorption accompanying revenue growth and delivery-efficiency improvements.」

    At PALTAC, the SG&A ratio improved by 0.17 percentage points to 5.07% due to fixed-cost absorption and delivery-efficiency improvements.
  7. FY2024-Q1AdvancedAnnual report

    「The SG&A ratio declined as a result of fixed-cost absorption accompanying revenue growth and delivery-efficiency improvements, including the review of shipping locations.」

    PALTAC identified delivery-efficiency improvements, including the review of shipping locations, as a factor behind the decline in its SG&A ratio.
  8. FY2022RestatedAnnual report

    「Selling, general and administrative expenses declined as a percentage of revenue as we continued to improve productivity in warehouse operations and worked from various perspectives to improve delivery operations, thereby addressing both rising delivery costs and the White Logistics initiative.」

    We continue to improve productivity in warehouse operations and address rising delivery costs and the White Logistics initiative.
  9. FY2022-Q3First statedAnnual report

    「Selling, general and administrative expenses declined as a percentage of revenue as we continued to improve productivity in warehouse operations and worked from various perspectives to improve delivery operations, thereby addressing both rising delivery costs and the White Logistics initiative.」

    PALTAC is improving delivery operations to increase productivity in warehouse operations while addressing rising delivery costs and the White Logistics initiative.
Moved together

"Use of Retained Earnings and Flexible Share Repurchases" moved the same way as this thread, in the same document, in 6 of its 9 moves.

655554★123456
  1. ★This thread
  2. 1Use of Retained Earnings and Flexible Share Repurchases6×
  3. 2Building a Medical Logistics Platform through a Strategic Business Partnership with H.U. Group Holdings5×
  4. 3Value-Added Product and Technology Development by MP五協フード&ケミカル5×
  5. 4Disclosure of Operating Profit Excluding Growth Investment Expenses, Goodwill and Intangible Asset Amortization5×
  6. 5Impact on Sales from Climate Factors and Changes in the Inbound Spending Environment5×
  7. 6Strengthening the Management Foundation of the Animal Health Products and Food Processing Ingredients Businesses4×

★ 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
Medipal Holdings's next results are scheduled for 2026-11-05. Read the earnings preview
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PALTAC’s Delivery Improvements and Support for the White Logistics Initiative | MEDIPAL HOLDINGS CORPORATION (7459) | Komori