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Wakita & (8125) · TargetRestated

¥2.5 billion capital investment plan for rental assets in the construction equipment business

First written in FY2017. 9 of 18 entries say "Restated". Latest entry: FY2027-H1.

18entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRaisedFY2018 – FY2019SoftenedFY2020 – FY2021RestatedFY2025-Q1 – FY2026-H12017: 120172018: 120182019: 120192020: 120202021: 120212022: 320222023: 420232024: 320242025: 120252026: 22026
Same theme, other companies
Continued Investment in Rental Assets and Depreciation BurdenA theme 8 companies write about · 3 as a headwind · 5 as a tailwind

Wakita & moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.

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

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. FY2027-H1RestatedAnnual report

    「In the rental division, certain group companies continued to make upfront investments, including improvements to the IT environment at all locations and stepped-up hiring, resulting in higher costs.」

    Upfront investments in assets, locations and personnel in the construction equipment rental business continue. No numerical target has been provided for the amount of new investment.
  2. FY2026SoftenedAnnual report

    「Submitting company All businesses Construction equipment business Rental assets 1,361 ― Internal funds March 2026 February 2027」

    The Company indicated plans to invest ¥1,361 million of internal funds in rental assets in the construction equipment business from March 2026 to February 2027. This is lower than the previous plan of ¥1,904 million.
  3. FY2026-H1RestatedAnnual report

    「The Company is advancing forward-looking investments in expenses, with a long-term perspective, including the high levels of investment in rental equipment, store network expansion, and investment in human resources undertaken to date.」

    The Company continues high levels of investment in construction equipment rental assets, together with store network expansion and investment in human resources. No new numerical investment target has been provided.
  4. FY2025-Q1RestatedAnnual report

    「Rental demand in both the private and public sectors remained firm in the rental division, and net sales increased as a result of the benefits of high levels of investment in rental equipment and the expansion of the store network.」

    The Company continues to make high levels of investment in rental assets and expand its store network, with the benefits reflected in sales growth in the rental division.
  5. FY2024SoftenedAnnual report

    「Submitting company All businesses Construction equipment business Rental assets 1,904 ― Internal funds March 2024 February 2025」

    The investment plan for rental assets in the construction equipment business was reduced from ¥3,830 million indicated the previous year to ¥1,904 million. Actual investment during the fiscal year was ¥4,869 million.
  6. FY2024-Q3RestatedAnnual report

    「Rental demand in both the private and public sectors remained firm in the rental division, and sales increased as a result of the benefits of high levels of investment in rental equipment, although」

    The Company states that it continues to make high levels of investment in construction equipment rental assets and that the benefits are reflected in sales growth. No new numerical investment target has been provided.
  7. FY2024-Q2RestatedAnnual report

    「Rental demand in both the private and public sectors remained firm, and revenue increased as a result of substantial investment in rental assets. However, profit declined due to disparities in market conditions between regions and delays in passing through higher costs to prices.」

    The Company states that it continues to make high levels of investment in construction equipment rental assets, which has increased sales, while regional disparities and delays in passing on higher costs affected profit.
  8. FY2024-Q1RestatedAnnual report

    「Rental demand centered on public works remained firm in the rental division. The operation of rental equipment acquired through active high-level investment boosted sales, resulting in increases in both net sales and profit.」

    The Company states that it continues to make high levels of investment in construction equipment rental assets and that the operation of the assets acquired through this investment contributed to increases in sales and profit. No new numerical investment target has been provided.
  9. FY2023AdvancedAnnual report

    「Total capital investment during the consolidated fiscal year was ¥14,293 million. The main investments included ¥5,872 million in rental assets in the construction equipment business, ¥639 million in facilities and other assets for rental real estate in the real estate business, and ¥2,557 million in rental real estate in the trading business.」

    Investment in rental assets in the construction equipment business was increased to ¥5,872 million during the fiscal year, and the Company indicated plans to invest ¥3,830 million using internal funds in the following year.
  10. FY2023-Q3RestatedAnnual report

    「Rental demand in both the private and public sectors remained firm, driving growth in sales in the rental division. Although profit recovered during the third quarter alone, profit declined because the active pursuit of high levels of investment in rental assets from the beginning of the fiscal year, together with higher purchase prices for imported products due to the weaker yen, increased the cost of sales.」

    The active pursuit of high levels of investment in rental assets from the beginning of the fiscal year has been reaffirmed. No new numerical investment target has been provided.
  11. FY2023-Q2RestatedAnnual report

    「Rental demand in both the private and public sectors remained firm and revenue increased in the rental division. However, profit declined because cost of sales increased as a result of aggressively pursuing substantial investment in rental assets and higher purchase prices for imported products due to the rapid depreciation of the yen.」

    The policy of actively pursuing high levels of investment in construction equipment rental assets, its implementation, and the resulting increase in costs have been reaffirmed.
  12. FY2023-Q1RestatedAnnual report

    「The rental division remained firm, supported by rental demand centered on public works. However, the active pursuit of high levels of investment in rental assets increased the cost of sales. As a result, although net sales increased, profit declined.」

    The policy of actively pursuing high levels of investment in construction equipment rental assets, and the implementation of that policy, have been reaffirmed.
  13. FY2022RaisedAnnual report

    「Total capital investment during the consolidated fiscal year was ¥8,405 million. The main investments included ¥3,979 million in rental assets in the construction equipment business and ¥3,266 million in facilities and other assets for rental real estate in the real estate business. Submitting company All businesses Construction equipment business Rental assets 2,920 Internal funds March 2022 February 2023」

    Actual investment in rental assets in the construction equipment business was ¥3,979 million during the fiscal year, and the plan for the following year was ¥2,920 million, increased from the ¥2.2 billion indicated the previous year.
  14. FY2021SoftenedAnnual report

    「Total capital investment during the consolidated fiscal year was ¥9,224 million. The main investments included ¥3,127 million in rental assets in the construction equipment business and ¥4,977 million in facilities and other assets for rental real estate in the real estate business.」

    Against the previous year’s investment plan of ¥2.3 billion for rental assets in the construction equipment business, actual investment was ¥3,127 million, while the plan for the following year was reduced to ¥2.2 billion.
  15. FY2020SoftenedAnnual report

    「Submitting company All businesses Construction equipment business Rental assets 2,300 ─ Internal funds March 2020 February 2021」

    The investment plan for rental assets in the construction equipment business was reduced from ¥4.32 billion in the previous year to ¥2.3 billion, with the investment planned to be funded internally and carried out from March 2020 to February 2021.
  16. FY2019RaisedAnnual report

    「The Group’s total capital investment during the consolidated fiscal year was ¥8,683 million. The main investments included ¥5,050 million in facilities and other assets for rental real estate in the real estate business and ¥2,694 million in rental assets in the construction equipment business. Submitting company All businesses Construction equipment business Rental assets ¥4,320 million Internal funds March 2019–February 2020」

    The investment plan for rental assets in the construction equipment business was increased from ¥3.0 billion in the previous year to ¥4.32 billion. The investment was planned to be funded internally and carried out from March 2019 to February 2020.
  17. FY2018RaisedAnnual report

    「The Group’s total capital investment during the consolidated fiscal year was ¥3,603 million. The main investments included ¥639 million in facilities and other assets for rental real estate in the real estate business and ¥2,738 million in rental assets in the construction equipment business. Submitting company All businesses Construction equipment business Rental assets Planned investment: ¥3,000 million Internal funds March 2018–February 2019」

    Against the previous year’s plan of ¥2.5 billion for investment in rental assets in the construction equipment business, actual investment was ¥2,738 million, and the plan for the following year was increased to ¥3.0 billion.
  18. FY2017First statedAnnual report

    「Submitting company All businesses Construction equipment business Rental assets Planned investment: ¥2,500 million Internal funds Start: March 2017 Completion: February 2018」

    The Company planned to invest ¥2.5 billion in rental assets in the construction equipment business using internal funds from March 2017 to February 2018.
Moved together

"Deterioration in order competition, utilization rates and costs in the construction equipment business" moved the same way as this thread, in the same document, in 4 of its 18 moves.

433332★123456
  1. ★This thread
  2. 1Deterioration in order competition, utilization rates and costs in the construction equipment business4×
  3. 2Slowing Emerging-Market Economies, Yen Appreciation and Sluggish Consumer Spending3×
  4. 3Full Acquisition of 有限会社福光 and Plan to Open a Cordia-Branded Hotel3×
  5. 4Stable dividends and performance-linked returns while maintaining financial soundness3×
  6. 5Using M&A and Alliances as Tools for Business Reform3×
  7. 6Entry into the nursing-care business through making サンネットワークリブ a subsidiary2×

★ 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
No upcoming earnings preview for Wakita & yet.
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¥2.5 billion capital investment plan for rental assets in the construction equipment business | Wakita & Co.,LTD. (8125) | Komori