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Kobe Electric Railway (9046) · FactRetail Segment Recovery in Q3

FY2019-Q3 Retail Segment Revenue and Operating Profit Decline

First written in FY2019-Q3. 2 of 6 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2024-Q3.

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ProgressHeldSoftenedWorseOtherFY2019-Q3 – FY2021-Q3WorsenedFY2022-Q3 – FY2023-Q32019: 120192020: 120202021: 120212022: 120222023: 120232024: 1
Same theme, other companies
Lower revenue and earnings in the retail industry due to intensifying competitionA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3Retail Segment Recovery in Q3Annual report

    「As a result, operating revenue in the retail segment for the nine months ended Q3 was ¥3,930 million, up ¥193 million, or 5.2%, year on year, while operating profit was ¥68 million, compared with an operating loss of ¥3 million in the year-earlier period.」

    Distribution revenue increased year on year, and the segment turned from an operating loss in the year-earlier period to operating profit.
  2. FY2023-Q3WorsenedAnnual report

    「However, due to consumers’ tendency to defer purchases amid higher energy and food prices, intensifying competition and other factors, operating revenue in the retail business for the third quarter of the current consolidated cumulative period was ¥3,737 million, down 6.5% year on year, and the business recorded an operating loss of ¥3 million, compared with operating profit of ¥35 million in the same period of the previous year.」

    The retail segment changed from higher revenue and higher operating profit in the year-earlier period to lower revenue and an operating loss due to a tendency to refrain from purchasing amid soaring energy and food prices, as well as intensifying competition.
  3. FY2022-Q3WorsenedAnnual report

    「However, operating revenue in the retail segment for the nine months ended Q3 was ¥3,995 million, compared with ¥4,686 million in the year-earlier period, while operating profit was ¥35 million, compared with ¥67 million.」

    Operating revenue and operating profit in the retail segment both decreased year on year, falling short of the year-earlier levels by ¥691 million and ¥32 million, respectively.
  4. FY2021-Q3Third-Quarter Retail Segment Revenue and Operating Profit GrowthAnnual report

    「As a result, operating revenue in the retail segment for the nine months ended Q3 was ¥4,686 million, up 1.1% year on year, while operating profit was ¥67 million, up 148.1%.」

    The retail segment changed from lower revenue and lower operating profit due to intensifying competition in the year-earlier period to higher revenue and higher operating profit.
  5. FY2020-Q3Improvement in Third-Quarter Retail Segment ResultsAnnual report

    「As a result, operating revenue in the retail segment for the nine months ended Q3 was ¥4,633 million, up ¥83 million, or 1.8%, year on year, while operating profit was ¥27 million, up ¥15 million, or 125.0%.」

    The retail segment changed from lower revenue and lower operating profit due to intensifying competition in the year-earlier period to results above the year-earlier levels for both operating revenue and operating profit.
  6. FY2019-Q3First statedAnnual report

    「However, due to intensifying competition, operating revenue in the retail business for the third quarter of the current consolidated cumulative period was ¥4,550 million, down ¥214 million, or 4.5%, from the same period of the previous year, while operating profit was ¥12 million, down ¥26 million, or 68.4%.」

    For the retail segment in FY2019-Q3, the Company newly recorded results showing operating revenue and operating profit below the year-earlier levels against a backdrop of intensifying competition.
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