Improved operating profit despite lower revenue in the cargo-handling business
First written in FY2017-Q2. 14 of 35 entries say "Restated". Latest entry: 2026-11-13.
Chuo Gyorui moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 32 of 126 companies on the "Worse" side.
7 other companies' latest entry also says "Reframed".
- FY2026Lower profit due to higher personnel and vehicle replacement costsAnnual report
「Although revenue declined due to lower handling volumes, profit also declined due to higher personnel expenses and higher costs associated with replacing trucks.」
From lower revenue and profit in the previous interim period due to lower landings and higher personnel expenses, the full-year results explicitly identified higher expenses, including truck replacement costs, in addition to lower handling volumes as a factor behind the decline in profit. - 2026-05-15WorsenedResults
「荷役事業は、売上高は687百万円（前年同期比1.0％減）となりましたが、人件費の増加、トラックの入替による経費増により、セグメント利益は32百万円（前年同期比21.8％減）となりました。」
荷役事業では売上高が減少し、人件費増加とトラック入替による経費増により利益も減少した。 - FY2026-H1ReframedAnnual report
「During the six months ended the current interim period, revenue was ¥299 million, up 12.0% year on year, and segment profit was ¥26 million, up 108.4%, due to an increase in cargo-handling volumes resulting from strong saury landings and higher revenue in the delivery division.」
The business changed from lower revenue and profit in the previous interim period due to lower handling volumes and higher personnel expenses to higher revenue and profit, driven by an increase in cargo-handling volumes resulting from strong saury landings and higher revenue in the delivery division. - FY2025Higher profit due to lower costs despite lower handling volumesAnnual report
「In the cargo-handling business, revenue was ¥693 million, down 7.4% year on year, as handling volumes declined despite higher fees, while segment profit was ¥41 million, up 17.8%, due to a decrease in certain expenses.」
Although lower handling volumes reduced revenue, the cargo-handling business generated higher profit due to higher fees and a decrease in certain expenses. - FY2025-H1ReframedAnnual report
「During the six months ended the current interim period, revenue was ¥267 million, down 8.3% year on year, due to a decline in handling volumes resulting from lower landings. Segment profit was ¥12 million, down 39.2%, due to higher personnel expenses and other costs.」
The business changed from higher profit due to lower outsourcing costs despite lower landings in the year-earlier period to lower revenue and profit due to lower landings combined with higher personnel expenses and other costs. - FY2024-Q3ReframedAnnual report
「During the nine months ended the third quarter of the current fiscal year, revenue was ¥446 million, up 0.2% year on year, and segment profit was ¥33 million, up 46.3%, due to an increase in delivery services for customers.」
The business changed from higher profit despite lower revenue due to lower outsourcing costs in the previous quarter to year-on-year growth in both revenue and segment profit due to an increase in delivery services for customers. - FY2024-Q2RestatedAnnual report
「During the six months ended the second quarter of the current fiscal year, revenue was ¥291 million, down 1.5% year on year, due to a decline in handling volumes resulting from lower landings, but segment profit was ¥20 million, up 131.1%, due to lower outsourcing costs.」
The combination of lower revenue from reduced landings and handling volumes and higher profit due to lower outsourcing costs continued from the first quarter. - FY2024-Q1Higher profit due to lower outsourcing costs despite lower landingsAnnual report
「During the three months ended the first quarter of the current fiscal year, revenue was ¥150 million, down 3.6% year on year, due to a decline in handling volumes resulting from lower landings, but segment profit was ¥8 million, up 90.8%, due to a decrease in outsourcing.」
Although lower handling volumes resulting from lower landings reduced revenue, segment profit in the cargo-handling business was well above the year-earlier period due to a decrease in outsourcing. - FY2023RestatedAnnual report
「The cargo-handling business generated revenue of ¥588 million, up 24.0% year on year, due to an increase in delivery services for mass retailers and other customers, but segment profit was ¥31 million, down 15.5%, due to an increase in outsourcing.」
The full-year results confirmed higher revenue from increased delivery services for mass retailers and other customers, alongside lower profit due to increased outsourcing. - FY2023-Q3RestatedAnnual report
「During the nine months ended the third quarter of the current fiscal year, revenue was ¥445 million, up 24.6% year on year, while segment profit was ¥22 million, down 43.6%, due to an increase in delivery services for customers.」
Higher revenue from increased delivery services for customers and lower profit continued from the second quarter, with the expansion of delivery services continuing alongside the associated cost burden. - FY2023-Q2RestatedAnnual report
「During the six months ended the second quarter of the current fiscal year, revenue was strong at ¥296 million, up 29.6% year on year, due to an increase in delivery services for customers, but segment profit was ¥8 million, down 68.4%, due to higher expenses.」
The combination of higher revenue from increased delivery services for customers and lower profit due to higher expenses continued from the previous quarter. - FY2023-Q1Lower profit due to higher costs despite an increase in delivery servicesAnnual report
「During the three months ended the first quarter of the current fiscal year, delivery services for customers increased, but revenue was ¥156 million, up 36.9% year on year, while segment profit was ¥4 million, down 75.6%, due to higher vehicle-related expenses and outsourced delivery costs.」
Although revenue increased due to an increase in delivery services for customers, the cargo-handling business saw a substantial decline in profit despite higher revenue because of higher vehicle-related expenses and outsourced delivery costs. - FY2022RestatedAnnual report
「In the cargo-handling business, revenue was ¥474 million, up 13.3% year on year, and segment profit was ¥36 million, up 66.3%, due to an increase in delivery services for mass retailers and other customers.」
The cargo-handling business continued to post higher revenue and profit for the full fiscal year, driven by an increase in delivery services for mass retailers and other customers. - FY2022-Q3RestatedAnnual report
「During the nine months ended the third quarter of the current fiscal year, revenue was ¥357 million and segment profit was ¥40 million, up 10.5% year on year, due to an increase in delivery services for customers.」
The cargo-handling business continued to post higher revenue and profit through the third quarter, driven by an increase in delivery services for customers. - FY2022-Q2RestatedAnnual report
「During the six months ended the second quarter of the current fiscal year, revenue was ¥228 million and segment profit was ¥28 million, up 14.9% year on year, due to an increase in delivery services for customers.」
The cargo-handling business has continued to post higher revenue and profit, driven by an increase in delivery services for customers. - FY2022-Q1ReframedAnnual report
「(Cargo-handling business) During the three months ended the first quarter of the current fiscal year, revenue was ¥114 million and segment profit was ¥17 million, up 28.3% year on year, due to an increase in delivery services for customers.」
The business changed from lower profit despite higher revenue in the previous full fiscal year to higher revenue and profit, driven by an increase in delivery services for customers. - FY2021RestatedAnnual report
「In the cargo-handling business, revenue was ¥418 million, up 7.6% from the previous fiscal year, due to an increase in delivery services for mass retailers and other customers, while segment profit was ¥22 million, down 51.8%.」
The full-year results confirmed a trend of lower profit despite higher revenue, as an increase in delivery services for mass retailers and other customers lifted revenue while higher operating expenses reduced profit. - FY2021-Q3ReframedAnnual report
「During the nine months ended the third quarter of the current fiscal year, revenue was ¥575 million, up 6.0% year on year, while segment profit was ¥36 million, down 3.9%, due to an increase in delivery services for customers.」
Although revenue grew due to an increase in delivery services for customers, segment profit fell below the year-earlier period, changing the trend from higher revenue and profit to lower profit despite higher revenue. - FY2021-Q2RestatedAnnual report
「In the cargo-handling business, revenue was ¥208 million, up 10.3% year on year, and segment profit was ¥24 million, up 3.6%, due to an increase in delivery services for customers.」
The cargo-handling business has continued to post higher revenue and profit, driven by an increase in delivery services for customers. - FY2021-Q1RestatedAnnual report
「During the three months ended the first quarter of the current fiscal year, revenue was ¥103 million, up 15.9% year on year, and segment profit was ¥13 million, up 155.4%, due to an increase in delivery services for customers.」
The cargo-handling business continued to post higher revenue and profit in the first quarter, driven by an increase in delivery services for customers. - FY2020Returned to profit for the full yearAnnual report
「In the cargo-handling business, revenue was ¥389 million, up 31.5% from the previous fiscal year, due to an increase in delivery services for mass retailers and other customers, and segment profit was ¥45 million, compared with a ¥13 million loss in the previous fiscal year.」
The cargo-handling business generated higher revenue due to an increase in delivery services for mass retailers and other customers, and changed from a ¥13 million loss in the previous fiscal year to a ¥45 million profit. - FY2020-Q3RestatedAnnual report
「(Cargo-handling business) During the nine months ended the third quarter of the current fiscal year, revenue was ¥543 million, up 4.2% year on year, and segment profit was ¥37 million, up 32.0%, due to an increase in delivery services for customers.」
The cargo-handling business continued to post higher revenue and profit through the third quarter, driven by an increase in delivery services for customers. - FY2020-Q2Shift to higher revenue and profitsAnnual report
「In the cargo-handling business, revenue was ¥188 million, up 41.3% year on year, due partly to an increase in delivery services for mass retailers and other customers, and segment profit was ¥23 million, up 100.4%.」
The business changed from lower profit despite higher revenue in the previous quarter to year-on-year growth in both revenue and segment profit, driven by an increase in delivery services for mass retailers and other customers. - FY2020-Q1Profit decline despite revenue growthAnnual report
「In the cargo-handling business, revenue was ¥88 million, up 27.9% year on year, and segment profit was ¥5 million, down 67.9%.」
Following the full-year shift to a loss in the previous fiscal year, the first quarter saw lower profit despite higher revenue, with segment profit substantially below the year-earlier period even as revenue increased. - FY2019Full-year swing into the redAnnual report
「In the cargo-handling business, revenue was ¥296 million, up 2.1% year on year, but segment loss was ¥13 million, compared with segment profit of ¥73 million in the previous fiscal year, due to a temporary increase in expenses associated with a review of the personnel system.」
Although revenue increased, full-year segment profit changed from a profit to a ¥13 million loss due to temporary expenses associated with a review of the personnel system. - FY2019-Q3Lower profit despite higher revenueAnnual report
「In the cargo-handling business, revenue was ¥234 million, up 4.0% year on year, and operating profit was ¥28 million, down 51.3%.」
Unlike the year-on-year growth in both revenue and profit through the previous quarter, or the decline in both revenue and profit in the immediately preceding quarter, revenue increased while operating profit decreased. - FY2019-Q2Lower revenue and profit due to a decline in handling volumesAnnual report
「In the cargo-handling business, revenue was ¥133 million, down 10.4% year on year, due to a decline in handling volumes, and operating profit was ¥11 million, down 67.9%.」
The business is changing from year-on-year growth in revenue and profit through the previous fiscal year to both revenue and operating profit falling below the year-earlier period due to lower handling volumes. - FY2019-Q1ReframedAnnual report
「Revenue in the cargo-handling business was ¥69 million, down 10.7% year on year, and operating profit was ¥17 million, down 11.5%.」
The business changed from year-on-year growth in revenue and operating profit through the previous fiscal year to both revenue and operating profit falling below the year-earlier period in the current quarter. - FY2018-Q3RestatedAnnual report
「Revenue in the cargo-handling business was ¥224 million, up 8.0% year on year, and operating profit was ¥58 million, up 53.7%.」
The cargo-handling business has continued to post year-on-year growth in both revenue and operating profit. - FY2018-Q2RestatedAnnual report
「In the cargo-handling business, revenue was ¥149 million, up 8.8% year on year, and operating profit was ¥36 million, up 74.3%.」
The cargo-handling business has continued to post year-on-year growth in both revenue and operating profit. - FY2018-Q1ReframedAnnual report
「In the cargo-handling business, revenue was ¥77 million, up 10.4% year on year, and operating profit was ¥19 million, up 44.7%.」
The business changed from improving operating profit despite declining revenue to generating year-on-year growth in both revenue and operating profit. - FY2017-Q3RestatedAnnual report
「In the cargo-handling business, revenue was ¥208 million, down 16.9% year on year, while operating profit was ¥38 million, up 100.0%.」
The cargo-handling business continued to show a trend of increasing operating profit despite declining revenue. - FY2017-Q2First statedAnnual report
「In the cargo-handling business, revenue was ¥137 million, down 16.7% year on year, while operating profit was ¥21 million, up 94.9%.」
The cargo-handling business recorded a substantial year-on-year increase in operating profit despite lower revenue.