Komori
Idom (7599) · FactDropped

Performance and Profitability of the Australia Business

First written in FY2017-Q1. 15 of 27 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2024-Q1.

27entries
8years
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q1 – FY2019-Q3AdvancedFY2020-Q3 – FY2023-Q1OtherFY2023-Q2 – FY2024-Q12016: 220162017: 420172018: 420182019: 320192020: 420202021: 420212022: 420222023: 22023
Same theme, other companies
Operating losses and deteriorating profitability in overseas operationsA theme 30 companies write about · 33 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 6 of 23 companies on the "Worse" side.

3 other companies' latest entry also says "Dropped".

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 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q1DroppedAnnual report

    「The Australian segment was excluded from the scope of consolidation in the previous consolidated fiscal year following completion of the transfer of the shares in the Australian subsidiary.」

    Following completion of the transfer of shares in the Australian subsidiary, the Australia segment was no longer included in the regional segment results for the first quarter.
  2. FY2023-Q3RestatedAnnual report

    「② Australia The business reported revenue of ¥44,607 million, down 56.7% year on year, and segment profit (operating profit) of ¥1,284 million, down 64.0% year on year. The Australian subsidiary recorded lower revenue and earnings because the consolidation period was three months following the transfer of the subsidiary's shares.」

    Following the transfer of shares in the Australian subsidiary, the consolidation period for the nine months ended the third quarter of the current fiscal year covered the three months from March to May 2022, resulting in lower revenue and earnings of ¥44,607 million and segment profit of ¥1,284 million.
  3. FY2023-Q2Lower revenue and earnings due to a shorter consolidation period following the transfer of sharesAnnual report

    「② Australia The business reported revenue of ¥44,607 million, down 35.8% year on year, and segment profit (operating profit) of ¥1,284 million, down 46.5% year on year. The Australian subsidiary recorded lower revenue and earnings because the consolidation period for the first half was three months following the transfer of shares.」

    Following the transfer of shares in the Australian subsidiary, the consolidation period for the first half was three months, and the Australia segment reported revenue of ¥44,607 million and segment profit of ¥1,284 million, with lower revenue and earnings year on year.
  4. FY2023-Q1AdvancedAnnual report

    「② Australia The business reported revenue of ¥44,607 million, up 31.1% year on year, and segment profit (operating profit) of ¥1,284 million, up 9.8% year on year. The Australian subsidiary achieved higher revenue and earnings as new- and used-vehicle sales remained strong and the yen weakened against the Australian dollar year on year.」

    The Australia business reported revenue of ¥44,607 million and segment profit of ¥1,284 million, with higher revenue and earnings year on year. Continued strength in new- and used-vehicle sales and the weaker yen were cited as factors.
  5. FY2022AdvancedAnnual report

    「b. Australia The business reported revenue of ¥139,364 million, up 57.8% year on year, and segment profit (operating profit) of ¥4,935 million, up 64.6% year on year, resulting in record-high profit.」

    The Australia business reported revenue of ¥139,364 million and segment profit of ¥4,935 million, with higher revenue and earnings year on year and record-high profit.
  6. FY2022-Q3AdvancedAnnual report

    「b. Australia The business reported revenue of ¥103,123 million, up 61.2% year on year, and segment profit (operating profit) of ¥3,565 million, up 91.5% year on year. In addition to higher new-vehicle unit sales at Buick Holdings, which is based in Western Australia, against the backdrop of favorable market conditions driven by higher iron ore prices, used-vehicle sales, which had been strengthened for some time, remained strong. The yen also weakened against the Australian dollar year on year, resulting in higher revenue and earnings.」

    The Australia business reported revenue of ¥103,123 million and segment profit of ¥3,565 million, representing substantial year-on-year increases in both revenue and earnings. Favorable market conditions in Western Australia, higher new-vehicle unit sales, strong used-vehicle sales that had been strengthened, and the weaker yen were cited as factors.
  7. FY2022-Q2AdvancedAnnual report

    「b. Australia The business reported revenue of ¥69,499 million, up 81.5% year on year, and segment profit (operating profit) of ¥2,401 million, up 166.8% year on year. New-vehicle unit sales increased against the backdrop of favorable market conditions in Western Australia, driven by higher iron ore prices. Used-vehicle sales, which had been strengthened for some time, also remained strong. In addition, the yen weakened against the Australian dollar year on year, resulting in higher revenue and earnings.」

    The Australia business reported revenue of ¥69,499 million and segment profit of ¥2,401 million, representing substantial year-on-year increases in both revenue and earnings. Favorable market conditions in Western Australia, higher new-vehicle unit sales, strong used-vehicle sales that had been strengthened, and the weaker yen were cited as factors.
  8. FY2022-Q1AdvancedAnnual report

    「b. Australia The business reported revenue of ¥34,028 million, up 123.6% year on year, and segment profit (operating profit) of ¥1,169 million, up 577.3% year on year. New-vehicle unit sales increased against the backdrop of favorable market conditions in Western Australia, driven by higher iron ore prices. Used-vehicle sales, which had been strengthened for some time, also remained strong. In addition, the yen weakened against the Australian dollar year on year, resulting in higher revenue and earnings.」

    The Australia business reported revenue of ¥34,028 million and segment profit of ¥1,169 million, representing substantial year-on-year increases in both revenue and earnings. Favorable market conditions in Western Australia, higher new-vehicle unit sales, strong used-vehicle sales and the weaker yen were cited as factors.
  9. FY2021AdvancedAnnual report

    「b. Australia Revenue of ¥88,310 million, up 4.8% from the previous fiscal year, and segment profit (operating profit) of ¥2,999 million, up 38.0 times from the previous fiscal year, resulted in record-high profit.」

    The Australia business reported revenue of ¥88,310 million and segment profit of ¥2,999 million, a substantial increase from ¥76 million in the previous fiscal year, and posted record-high profit. The company explained that the strengthening of its used-vehicle business and cost efficiencies contributed to the result.
  10. FY2021-Q3AdvancedAnnual report

    「② Australia The business reported revenue of ¥63,987 million, up 2.4% year on year, and segment profit (operating profit) of ¥1,861 million, compared with an operating loss of ¥97 million in the same period of the previous year. Personnel costs equivalent to government subsidies related to COVID-19 were transferred to extraordinary losses and recorded as infection-related losses, which contributed to the increase in earnings.」

    Revenue in the Australia business rose 2.4% year on year, and the business moved from an operating loss of ¥97 million in the same period of the previous year to operating profit of ¥1,861 million. The transfer of personnel costs equivalent to government subsidies to extraordinary losses as infection-related losses was cited as a factor behind the increase in earnings.
  11. FY2021-Q2AdvancedAnnual report

    「② Australia The business reported revenue of ¥38,289 million, down 3.8% year on year, and segment profit (operating profit) of ¥900 million, compared with a segment loss (operating loss) of ¥195 million in the same period of the previous year. The number of store visitors declined due to the impact of COVID-19. In addition, personnel costs equivalent to government subsidies related to COVID-19 were transferred to extraordinary losses and recorded as infection-related losses, which contributed to the increase in earnings.」

    Revenue in the Australia business fell 3.8% year on year, while it moved from an operating loss of ¥195 million in the same period of the previous year to operating profit of ¥900 million. The transfer to extraordinary losses of personnel costs equivalent to government subsidies was cited as a factor behind the increase in earnings.
  12. FY2021-Q1AdvancedAnnual report

    「② Australia The business reported revenue of ¥15,216 million, down 19.2% year on year, and segment profit (operating profit) of ¥172 million, compared with a segment loss (operating loss) of ¥171 million in the same period of the previous year. Revenue declined as the number of store visitors fell due to the impact of COVID-19, but earnings increased as selling, general and administrative expenses declined.」

    Revenue in the Australia business fell 19.2% year on year due to the impact of COVID-19, while the business moved from an operating loss of ¥171 million in the same period of the previous year to operating profit of ¥172 million as selling, general and administrative expenses declined.
  13. FY2020AdvancedAnnual report

    「b. Australia The business reported revenue of ¥84,277 million, up 35.5% from the previous fiscal year, and segment profit (operating profit) of ¥76 million, up 38.0% from the previous fiscal year.」

    The Australia business reported revenue of ¥84,277 million and segment profit of ¥76 million, securing annual profit after a loss in the previous year.
  14. FY2020-Q3AdvancedAnnual report

    「② Australia The business reported revenue of ¥62,487 million, up 60.1% year on year, and a segment loss (operating loss) of ¥97 million, compared with an operating loss of ¥144 million in the same period of the previous year. The new-vehicle dealer group acquired in October 2018 has been consolidated since the previous fiscal year, and its results for the period from 1 October 2018 to 28 February 2019 contributed to revenue growth in the nine months ended the third quarter of the current fiscal year. The Western Australia subsidiary improved its performance, including through higher unit sales.」

    Revenue in the Australia business rose 60.1% year on year, while the segment loss narrowed from ¥144 million in the same period of the previous year to ¥97 million. Consolidation of the acquired dealer group contributed to revenue growth, and improved performance at the Western Australia subsidiary was also noted.
  15. FY2020-Q2WorsenedAnnual report

    「② Australia The business reported revenue of ¥39,815 million, up 50.7% year on year, and a segment loss (operating loss) of ¥195 million, compared with operating profit of ¥52 million in the same period of the previous year.」

    Revenue in the Australia business rose 50.7% year on year, while it swung from segment profit of ¥52 million to an operating loss of ¥195 million. Improved performance at the Western Australia subsidiary, including through higher unit sales, was also noted.
  16. FY2020-Q1WorsenedAnnual report

    「② Australia The business reported revenue of ¥18,830 million, up 51.1% from the previous fiscal year, and a segment loss (operating loss) of ¥144 million, compared with segment profit (operating profit) of ¥62 million in the same period of the previous year. The Western Australia subsidiary recorded lower earnings. At the holding company, costs related to new businesses and other items were incurred ahead of schedule.」

    Revenue in the Australia business rose 51.1% from the previous fiscal year, while it swung from segment profit of ¥62 million to an operating loss of ¥144 million. The decline in earnings at the Western Australia subsidiary and the upfront costs of new businesses and other items at the holding company were noted.
  17. FY2019-Q3AdvancedAnnual report

    「② Australia The business reported revenue of ¥39,036 million, up 18.2% year on year, and a segment loss (operating loss) of ¥144 million, compared with an operating loss of ¥473 million in the same period of the previous year. A subsidiary in Western Australia returned to profitability as sales volumes increased through sales initiatives, although conditions in the new-vehicle market had not yet achieved a full recovery. Results improved year on year.」

    The Australia segment's operating loss narrowed from ¥473 million in the same period of the previous year to ¥144 million. The Western Australia subsidiary returned to profitability as sales volumes increased through sales initiatives.
  18. FY2019-Q2AdvancedAnnual report

    「② Australia The business reported revenue of ¥26,418 million, up 22.5% year on year, and segment profit (operating profit) of ¥52 million, compared with an operating loss of ¥274 million in the same period of the previous year. Although conditions in the new-vehicle market in Western Australia were showing signs of bottoming out, a full recovery had not yet been achieved. Results improved due in part to an increase in unit sales.」

    Revenue in the Australia business rose 22.5% year on year, and the business moved from an operating loss of ¥274 million in the same period of the previous year to operating profit of ¥52 million. Performance improved, including through higher unit sales, while the new-vehicle market had not yet achieved a full recovery.
  19. FY2019-Q1AdvancedAnnual report

    「② Australia The business reported revenue of ¥12,460 million, up 22.4% year on year, and segment profit (operating profit) of ¥62 million, compared with a segment loss (operating loss) of ¥232 million in the same period of the previous year. Although the new-vehicle market in Western Australia remained sluggish, measures to improve performance contributed to results.」

    The Australia business improved from an operating loss of ¥232 million in the same period of the previous year to operating profit of ¥62 million, while revenue rose 22.4% year on year. The contribution of performance-improvement measures was cited despite the sluggish new-vehicle market.
  20. FY2018WorsenedAnnual report

    「② Australia The business reported revenue of ¥44,852 million, up 10.5% from the previous fiscal year, and a segment loss (operating loss) of ¥767 million, compared with an operating loss of ¥462 million in the previous fiscal year. Earnings declined because the new-vehicle market in Western Australia remained below the level of the previous year and inventory valuation losses were recorded.」

    Revenue in the Australia business rose 10.5% from the previous fiscal year, while the operating loss widened from ¥462 million to ¥767 million. The sluggish new-vehicle market and inventory valuation losses were cited as factors behind the earnings decline.
  21. FY2018-Q3WorsenedAnnual report

    「② Australia The business reported revenue of ¥33,014 million, up 3.3% year on year, and a segment loss (operating loss) of ¥473 million, compared with a segment loss of ¥47 million in the same period of the previous year. Earnings declined as the new-vehicle market in Western Australia continued below the level of the same period of the previous year. Revenue shifted to year-on-year growth on a quarterly basis (three months) from the second quarter onward.」

    The Australia business's segment loss widened from ¥47 million in the same period of the previous year to ¥473 million. Although revenue returned to year-on-year growth of 3.3%, the loss widened against a backdrop of the sluggish new-vehicle market.
  22. FY2018-Q2Improved earnings decline compared with the first quarterAnnual report

    「The Australian business reported lower revenue and lower profit as the new-car market in Western Australia remained below the level of the same period of the previous year, although the decline in profit narrowed compared with the first-quarter cumulative period.」

    The Australia business reported revenue of ¥21,569 million and a segment loss of ¥274 million, but the decline in earnings improved compared with the cumulative period of the first quarter. Segment profit was ¥61 million in the same period of the previous year.
  23. FY2018-Q1WorsenedAnnual report

    「The Australia business reported revenue of ¥10,184 million, down 10.8% year on year, and a segment loss (operating loss) of ¥232 million, compared with a segment loss of ¥5 million in the same period of the previous year. The new-vehicle market in Western Australia was below the level of the same period of the previous year, resulting in lower revenue and earnings.」

    Revenue in the Australia business fell 10.8% year on year, while the segment loss widened from ¥5 million in the same period of the previous year to ¥232 million.
  24. FY2017WorsenedAnnual report

    「The new-vehicle market in Western Australia was below the level of the same period of the previous year, and the Australia business posted a segment loss (operating loss).」

    The Australia business posted an annual segment loss of ¥462 million, with the loss widening from the ¥47 million segment loss for the cumulative period of the previous quarter. The new-vehicle market in Western Australia was also below the level of the same period of the previous year.
  25. FY2017-Q3WorsenedAnnual report

    「The Australia business reported revenue of ¥31,945 million and a segment loss (operating loss) of ¥47 million. The new-vehicle market in Western Australia was below the level of the same period of the previous year.」

    The Australia business swung from segment profit of ¥61 million for the cumulative period of the previous quarter to a segment loss of ¥47 million for the nine months ended the third quarter of the current fiscal year. The new-vehicle market in Western Australia was also below the level of the same period of the previous year.
  26. FY2017-Q2AdvancedAnnual report

    「(Australia) The Australia business reported revenue of ¥22,281 million and segment profit (operating profit) of ¥61 million. The new-vehicle market in Western Australia was below the level of the same period of the previous year.」

    Segment profit was ¥61 million for the first six months of the current fiscal year, compared with a segment loss of ¥5 million in the previous quarter.
  27. FY2017-Q1First statedAnnual report

    「The Australian business recorded revenue of ¥11,413 million and a segment loss (operating loss) of ¥5 million.」

    The Australian business generated revenue but recorded an operating loss in the first quarter of the current fiscal year.
Moved together

"Increase in retail unit sales through showroom expansion" moved the same way as this thread, in the same document, in 10 of its 27 moves.

1076666★123456
  1. ★This thread
  2. 1Increase in retail unit sales through showroom expansion10×
  3. 2Measures to improve the performance of the Australian business7×
  4. 3Revenue growth alongside declining profit6×
  5. 4Operating Cash Flow Pressure from Higher Inventories6×
  6. 5Tightening Criteria for Opening and Closing Company-Operated Stores with a Focus on Profitability and Capital Efficiency6×
  7. 6Downward trend in customer visits6×

★ 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.

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