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OUG Holdings (8041) · FactAdvancedLatest Results (2026-11-12): "Worsened"

Improved profitability in the logistics business driven by demand for home dining and gifts

First written in FY2021-Q3. 9 of 18 entries say "Advanced", first in FY2021. Latest entry: 2026-11-12.

18entries
6years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2022-Q1 – FY2023-Q3AdvancedFY2023 – FY20262021: 420212022: 320222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Earnings growth through the recovery of logistics volumes and strengthening of the storage businessA theme 6 companies write about · 0 as a headwind · 5 as a tailwind

The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Worsened".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Although selling, general and administrative expenses increased, mainly due to personnel expenses, higher sales of center fees resulted in higher revenue and profit. Accordingly, net sales were ¥1,927 million (101.9% year on year), and segment profit was ¥46 million (249.9% year on year).」

    Despite higher selling, general and administrative expenses, mainly personnel expenses, higher center-fee sales drove the logistics business's segment profit to 249.9% of the same period of the previous year.
  2. FY2026-H1AdvancedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, saw higher selling, general and administrative expenses, including personnel expenses, but overall sales increased, led by center fees. Net sales were ¥929 million (104.5% year on year), and segment profit was ¥8 million (compared with a segment loss of ¥0 million in the same period of the previous year).」

    Although selling, general and administrative expenses, including personnel expenses, increased, higher sales, led by center fees, improved the logistics business from break-even in the same period of the previous year to a profit of ¥8 million.
  3. FY2025AdvancedAnnual report

    「Although transportation costs increased, delivery revenue, center fees and sales from gift-related work all grew. Net sales were ¥1,891 million (108.4% year on year), and segment profit was ¥18 million (232.8% year on year).」

    Despite higher transportation costs, the logistics business saw growth in delivery revenue, center fees and sales from gift-related work, driving segment profit to 232.8% of the same period of the previous year.
  4. FY2025-H1AdvancedAnnual report

    「Although transportation costs increased, higher delivery revenue and center fees resulted in higher revenue for the logistics business. Net sales were ¥890 million (108.2% year on year), and the segment result was break-even (compared with a segment loss of ¥5 million in the same period of the previous year).」

    Higher delivery revenue and center fees enabled the logistics business to move from a ¥5 million loss in the same period of the previous year to break-even, while net sales reached 108.2% of the previous year's level.
  5. FY2024-Q3AdvancedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, benefited from higher sales from center operations and gift-related work. Net sales were ¥1,314 million (104.4% year on year), and segment profit was ¥16 million (182.3% year on year).」

    Higher sales from center operations and gift-related work drove the logistics business's segment profit to 182.3% of the same period of the previous year.
  6. FY2024-Q2AdvancedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, benefited from higher sales from center operations and other factors. Net sales were ¥822 million (103.0% year on year), and the segment loss was ¥5 million (compared with a segment loss of ¥10 million in the same quarter of the previous year).」

    Higher sales from center operations narrowed the logistics business's segment loss from ¥10 million in the same period of the previous year to ¥5 million, while net sales reached 103.0% of the previous year's level.
  7. FY2024-Q1AdvancedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, benefited from higher center fees. Net sales were ¥411 million (104.3% year on year), and segment profit was ¥0 million (compared with a segment loss of ¥7 million in the same quarter of the previous year).」

    Higher center-fee revenue enabled the logistics business to move from a ¥7 million loss in the same period of the previous year to break-even, while net sales reached 104.3% of the previous year's level.
  8. FY2023AdvancedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, was affected by higher personnel expenses, utilities and other costs, but higher center-fee revenue resulted in net sales of ¥1,665 million (104.3% year on year) and segment profit of ¥7 million (110.3% year on year).」

    Although personnel expenses, utilities and other costs increased, higher center-fee revenue drove net sales and segment profit above the same period of the previous year.
  9. FY2023-Q3WorsenedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, was affected by higher transportation costs, personnel expenses, utilities and other costs. Net sales were ¥1,250 million (104.5% year on year), and segment profit was ¥9 million (78.2% of the same period of the previous year).」

    Due to higher delivery costs, personnel expenses, utilities and other costs, the logistics business's segment profit declined to 78.2% of the same period of the previous year.
  10. FY2023-Q2WorsenedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, was affected by higher delivery costs, personnel expenses, utilities and other costs. Net sales were ¥798 million (85.5% year on year), and the segment loss was ¥10 million (compared with a segment loss of ¥7 million in the same quarter of the previous year).」

    Due to higher delivery costs, personnel expenses, utilities and other costs, the logistics business's net sales were 85.5% of the same period of the previous year, while the segment loss widened from ¥7 million to ¥10 million.
  11. FY2023-Q1WorsenedAnnual report

    「The logistics business, which sorts seafood and other products delivered to logistics centers by destination, such as mass retailers, and delivers them using its own vehicles, was affected by higher delivery costs, personnel expenses, utilities and other costs. Net sales were ¥394 million (85.1% year on year), and the segment loss was ¥7 million (compared with a segment loss of ¥3 million in the same quarter of the previous year).」

    Due to higher delivery costs, personnel expenses, utilities and other costs, the logistics business's net sales were 85.1% of the same period of the previous year, while the segment loss widened from ¥3 million to ¥7 million.
  12. FY2022-Q3WorsenedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, saw lower freight revenue, while center-fee and gift-related revenue remained firm. Net sales were ¥1,205 million (compared with ¥1,492 million in the same quarter of the previous year), and segment profit was ¥11 million (71.5% of the previous year's level).」

    Although center-fee and gift-related revenue remained firm, net sales declined from the same period of the previous year due to lower freight revenue and other factors, while segment profit was 71.5% of the previous year's level.
  13. FY2022-Q2WorsenedAnnual report

    「The logistics business, which sorts and delivers seafood and other products delivered to logistics centers by destination, such as mass retailers, saw firm performance in center operations related to home dining and gift-related operations. However, due to lower freight revenue, net sales were ¥933 million (compared with ¥957 million in the same quarter of the previous year), and the segment loss was ¥7 million (compared with a segment loss of ¥3 million in the same quarter of the previous year).」

    Although home dining and gift-related operations remained firm, lower freight revenue caused the logistics business's segment loss to widen from ¥3 million in the same period of the previous year to ¥7 million.
  14. FY2022-Q1WorsenedAnnual report

    「Although logistics center utilization improved, lower freight revenue resulted in net sales of ¥463 million (¥476 million in the same quarter of the previous year) and a segment loss of ¥3 million (compared with a segment loss of ¥0 million in the same quarter of the previous year).」

    Although logistics center utilization improved, lower freight revenue caused the logistics business to move from a segment loss of ¥0 million in the same period of the previous year to a ¥3 million loss.
  15. FY2021AdvancedAnnual report

    「The logistics business, which sorts seafood and other products delivered to logistics centers by destination, such as mass retailers, and delivers them using its own vehicles, benefited from firm demand related to home dining and gifts. Net sales were ¥1,971 million (99.9% year on year), and segment profit was ¥19 million (compared with a segment loss of ¥29 million in the same period of the previous year).」

    Against a backdrop of demand for home dining and gifts, the logistics business moved from a ¥29 million loss in the previous year to a ¥19 million profit.
  16. FY2021-Q3First statedAnnual report

    「The logistics business, which sorts seafood and other products delivered to logistics centers by destination, such as mass retailers, and delivers them using its own vehicles, benefited from firm demand related to home dining and gifts. Net sales were ¥1,492 million (100.7% year on year), and segment profit was ¥16 million (compared with a segment loss of ¥25 million in the same quarter of the previous year).」

    For the logistics business, the shift from a segment loss of ¥25 million in the previous year to a profit of ¥16 million in the current quarter, driven by demand related to home dining and gifts, was identified as a standalone theme for the first time.
Moved together

"Interest Rate Risk Related to Borrowings" moved the same way as this thread, in the same document, in 11 of its 18 moves.

1187765★123456
  1. ★This thread
  2. 1Interest Rate Risk Related to Borrowings11×
  3. 2Cash flow used in operating activities due to an increase in inventories8×
  4. 3Market fluctuation risk from catch volumes, fish prices, and foreign exchange7×
  5. 4Improved profitability in the off-market seafood wholesale business through a higher gross profit margin7×
  6. 5Strengthening the Group's management foundation and improving performance6×
  7. 6Total assets expanded due to an increase in notes and accounts receivable5×

★ 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
OUG Holdings's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results of 2026-11-12: "Worsened".
News
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