Lower warehouse and facility utilization
First written in FY2016. 26 of 40 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1MaterialisedAnnual report
「Profit declined because utilization at existing locations fell as customers consolidated and relocated their sites, while costs for restoring vacated locations to their original condition were incurred in connection with the consolidation and closure of locations.」
The consolidation and relocation of customer sites caused utilization at existing warehouses to decline, which, together with restoration costs, became a factor behind lower profit in the asset business. - 2026-08-10WorsenedResults
「アセット事業における一部既存拠点の倉庫稼働率の低下などにより、各段階利益ともに減益となりました。」
既存拠点の倉庫稼働率低下が再び利益面の要因として記載された。 - FY2026MitigatedAnnual report
「Revenue and profit increased because new storage cargo and higher customer inventory levels improved utilization at existing locations, while the volume of stored cargo increased as locations opened in the previous consolidated fiscal year and newly established locations began operations.」
The acquisition of new storage cargo, higher customer inventory levels and the operation of newly established locations improved utilization and storage volumes at existing locations. Storage capacity was 1,292,770 m², or 105.0% of the year-earlier level. - FY2026-H1MitigatedAnnual report
「Revenue and profit increased because the acquisition of new storage cargo raised utilization at existing locations, while the volume of stored cargo increased as locations opened in the previous consolidated fiscal year and newly established locations began operations.」
The acquisition of new storage cargo and the start of operations at newly established locations increased warehouse utilization and stored cargo volumes, reducing the risk of lower utilization. - FY2025MaterialisedAnnual report
「Segment profit declined because vacant space arose in existing warehouses as customers changed locations and warehouse renovation work was carried out, resulting in lower utilization. As a result, operating revenue was ¥17,492 million, up 3.1% from the previous consolidated fiscal year, and segment profit was ¥899 million, down 14.4%.」
Utilization declined because vacant space arose in existing warehouses, and segment profit in the asset business fell 14.4%. - FY2025-H1MaterialisedAnnual report
「Segment profit declined because vacant space arose in existing warehouses as customers changed locations and warehouse renovation work was carried out, resulting in lower utilization. As a result, operating revenue was ¥8,676 million, up 2.4% year on year, and segment profit was ¥430 million, down 29.1%.」
Vacant space arose in existing warehouses, causing utilization to decline, and segment profit in the asset business fell 29.1% year on year. - FY2024-Q3MitigatedAnnual report
「Revenue and profit increased, as storage capacity expanded with the addition of locations, transactions with existing customers deepened, new storage cargo was secured and warehouse utilization remained high. As a result, operating revenue was ¥12,747 million, up 6.1% year on year, and segment profit was ¥862 million, up 31.8%.」
Warehouse utilization remained high as locations were expanded, transactions with existing customers deepened and new storage freight was attracted, increasing revenue and profit in the asset business. - FY2024-Q2MitigatedAnnual report
「Revenue and profit increased because storage areas expanded following the expansion of locations, transactions with existing customers deepened, and efforts to attract new storage freight progressed, keeping warehouse utilization at a high level.」
Warehouse utilization remained high through the expansion of locations, deeper customer relationships and the acquisition of new storage cargo, reducing the risk of lower utilization. - FY2024-Q1MitigatedAnnual report
「Revenue and profit increased because storage areas expanded following the expansion of locations during the previous consolidated fiscal year, transactions with existing customers deepened, and efforts to attract new storage freight progressed, keeping warehouse utilization at a high level. As a result, operating revenue was ¥4,228 million, up 10.9% year on year, and segment profit was ¥349 million, up 107.9%.」
Warehouse utilization remained high as locations were expanded, transactions with existing customers deepened and new storage freight was attracted, increasing revenue and profit in the asset business. - FY2023MitigatedAnnual report
「Revenue and profit increased because storage areas expanded as locations were added, warehouse utilization rose as efforts to attract new storage freight progressed, and costs associated with warehouse modifications had been recognized in the previous consolidated fiscal year. As a result, operating revenue was ¥16,225 million, up 18.1% from the previous consolidated fiscal year, and segment profit was ¥939 million, up 117.9%.」
Warehouse utilization increased as locations were expanded and new storage freight was attracted, resulting in operating revenue in the asset business increasing 18.1% and segment profit increasing 117.9%. - FY2023-Q3MitigatedAnnual report
「Revenue and profit increased because storage capacity was strengthened through the establishment of new locations and warehouse utilization rose as new storage freight was attracted, while costs associated with warehouse modifications had been recognized in the same quarter of the previous year. As a result, operating revenue was ¥12,013 million, up 18.8% year on year, and segment profit was ¥654 million, up 117.1%.」
Warehouse utilization increased as storage capacity was strengthened through new locations and new storage freight was attracted, increasing operating revenue in the asset business by 18.8% and segment profit by 117.1%. - FY2023-Q2MitigatedAnnual report
「Revenue and profit increased because the expansion of storage capacity through the establishment of new locations was effective, warehouse utilization rose as storage freight increased through expanded transactions, and costs associated with warehouse modifications had been recognized in the same quarter of the previous year. As a result, operating revenue was ¥7,822 million, up 18.8% year on year, and segment profit was ¥383 million, up 185.2%.」
Warehouse utilization increased as storage capacity was strengthened through new locations and transactions expanded, increasing revenue and profit in the asset business. - FY2023-Q1MitigatedAnnual report
「Revenue and profit increased because warehouse utilization rose as new locations began operating and transactions with existing customers expanded and new customers were attracted, while costs associated with warehouse modifications had been recognized in the same quarter of the previous year.」
Warehouse utilization increased as new locations began operating, transactions with existing customers expanded and new customers were attracted, reducing the risk of lower utilization at warehouses and facilities. - FY2022MaterialisedAnnual report
「Segment profit declined because we carried out modification work to our own warehouses to attract customers, incurred initial costs associated with establishing new locations, and experienced lower warehouse utilization as customers relocated. As a result, operating revenue was ¥13,740 million, up 9.5% from the previous consolidated fiscal year, and segment profit was ¥431 million, down 53.7%.」
Although storage areas and operating revenue expanded, lower warehouse utilization due to customer relocations and other factors actually occurred, resulting in a 53.7% decline in segment profit in the asset business. - FY2022-Q3MaterialisedAnnual report
「Operating revenue increased because the number of operating locations for the mail-order sector rose, storage areas expanded and new storage freight was acquired at existing locations. Segment profit declined because we carried out modification work to our own warehouses to attract customers, incurred initial costs associated with establishing new locations, and experienced lower warehouse utilization as customers relocated. As a result, operating revenue was ¥10,109 million, up 6.9% year on year, and segment profit was ¥301 million, down 64.1%.」
Although storage areas and new storage freight increased, warehouse utilization declined as customers relocated and for other reasons, resulting in a 64.1% decrease in segment profit in the asset business. - FY2022-Q2MaterialisedAnnual report
「Operating revenue increased because storage areas related to the mail-order sector expanded as the number of operating locations increased. Segment profit declined because we carried out modification work to our own warehouses to attract new customers, incurred initial costs associated with establishing new locations, and experienced lower warehouse utilization as customers relocated.」
Although storage areas expanded, warehouse utilization fell as customers relocated and for other reasons, becoming a factor behind lower profit in the asset business. - FY2022-Q1MitigatedAnnual report
「Operating revenue increased because storage areas related to the mail-order sector expanded as the number of operating locations increased.」
The increase in operating locations and expansion of mail-order-related storage areas advanced efforts to secure warehouse utilization and revenue. - FY2021-Q3MaterialisedAnnual report
「Operating revenue increased because storage areas related to the mail-order sector expanded and storage operations and other services for new customers began, mainly at locations opened during the previous consolidated fiscal year. Segment profit declined because warehouse utilization fell at some locations as customers relocated. As a result, operating revenue was ¥9,461 million, up 7.2% year on year, and segment profit was ¥840 million, down 0.8%.」
Although storage areas and storage operations for new customers expanded, warehouse utilization declined at some locations as customers relocated, resulting in segment profit falling 0.8% year on year. - FY2021-Q2MitigatedAnnual report
「Revenue and profit increased because storage areas related to the mail-order sector expanded, storage operations and other services for new customers began mainly at locations opened during the previous consolidated fiscal year, and cost savings were achieved in Vietnam through the start of operations at company-owned warehouses. As a result, operating revenue was ¥6,275 million, up 8.1% year on year, and segment profit was ¥593 million, up 7.0%.」
The asset business recorded higher revenue and profit as mail-order-related storage areas expanded, storage operations for new customers began, and costs were reduced through the operation of company-owned warehouses in Vietnam, advancing efforts to address the risk of lower warehouse utilization. - FY2021-Q1MitigatedAnnual report
「Revenue and profit increased because storage areas related to the mail-order sector expanded as the number of operating locations increased, and we began storage operations for new customers and real estate leasing operations, mainly at locations opened during the previous consolidated fiscal year.」
The expansion of locations, growth in mail-order-related storage areas and commencement of storage operations for new customers advanced efforts to secure utilization and revenue in the asset business. - FY2020MitigatedAnnual report
「The company reported higher revenue and profit, as storage capacity for e-commerce-related operations expanded, mainly at facilities opened in the previous fiscal year, while warehouse utilization remained high amid the acquisition of new customers and the attraction of spot-storage cargo and other business.」
Warehouse utilization remained high as storage areas expanded and new customers and spot freight were attracted, and the reduction in the risk of lower utilization has continued. - FY2020-Q3MitigatedAnnual report
「Revenue and profit increased because storage areas used by mail-order-related customers expanded, mainly at locations opened during the previous consolidated fiscal year, and warehouse utilization remained high as new customers were acquired and spot-storage freight and other cargo was attracted. As a result, operating revenue was ¥8,828 million, up 5.3% year on year, and segment profit was ¥847 million, up 10.7%.」
Warehouse utilization remained high as storage areas expanded and new customers and spot-storage freight were attracted, increasing operating revenue in the asset business by 5.3% and segment profit by 10.7%. - FY2020-Q2MitigatedAnnual report
「Revenue and profit increased because storage areas used by mail-order-related customers expanded, mainly at locations opened during the previous consolidated fiscal year, and warehouse utilization at existing locations remained high as new customers were acquired and spot-storage freight and other cargo was attracted. As a result, operating revenue was ¥5,803 million, up 4.6% year on year, and segment profit was ¥554 million, up 15.0%.」
Warehouse utilization at existing locations remained high as storage areas expanded and new customers and spot-storage freight were attracted, increasing revenue and profit in the asset business. The risk of lower warehouse utilization has declined. quantified was determined to be true, and materialized was determined to be false. - FY2020-Q1MitigatedAnnual report
「Revenue and profit increased because storage areas used by mail-order-related customers expanded at locations opened during the previous consolidated fiscal year, and warehouse utilization at existing locations remained high as spot-storage freight and other cargo was attracted. As a result, operating revenue was ¥2,866 million, up 7.1% year on year, and segment profit was ¥266 million, up 26.4%.」
Warehouse utilization remained high as storage areas used by mail-order-related customers expanded and spot freight was attracted, increasing revenue and profit in the asset business. - FY2019MitigatedAnnual report
「The company reported higher revenue and profit, as storage capacity expanded, mainly at facilities opened in the previous fiscal year, in response to increased storage needs from e-commerce-related customers, while warehouse utilization improved as proactive sales activities attracted more cargo.」
Warehouse utilization increased as storage areas expanded and freight was attracted, resulting in operating revenue in the asset business increasing 15.1% and segment profit increasing 35.9%. - FY2019-Q3MitigatedAnnual report
「Revenue and profit increased because storage areas used by customers related to the mail-order sector expanded, mainly at locations opened during the previous consolidated fiscal year, and warehouse utilization increased as customers' storage needs grew. As a result, operating revenue was ¥8,385 million, up 17.5% year on year, and segment profit was ¥765 million, up 42.4%.」
Warehouse utilization increased as storage areas and storage demand from mail-order-related customers expanded, resulting in operating revenue in the asset business increasing 17.5% and segment profit increasing 42.4%. The risk of lower utilization has declined. - FY2019-Q2MitigatedAnnual report
「Revenue and profit increased because storage areas used by customers related to the mail-order sector expanded, mainly at locations opened during the previous consolidated fiscal year. As a result, operating revenue was ¥5,547 million, up 20.3% year on year, and segment profit was ¥482 million, up 59.2%.」
Storage areas expanded, mainly at locations opened during the previous consolidated fiscal year, increasing operating revenue in the asset business by 20.3% and segment profit by 59.2%. This indicates a lower risk of declining warehouse utilization. - FY2019-Q1MitigatedAnnual report
「Revenue and profit increased because storage areas used by customers related to the mail-order sector expanded, mainly at locations opened during the previous consolidated fiscal year.」
Storage areas expanded, mainly at locations opened during the previous consolidated fiscal year, resulting in higher revenue and profit in the asset business. - FY2018MitigatedAnnual report
「Revenue and profit increased as the flexible development of locations to meet customer needs, including the establishment of multiple new locations, proved effective. Storage areas used by customers with whom we began transactions during the previous consolidated fiscal year expanded, and warehouse utilization increased as efforts to attract customers to existing locations progressed.」
Warehouse utilization increased as a result of flexible location development, expanded storage areas and progress in attracting customers, while profitability in the asset business also improved. - FY2018-Q3RestatedAnnual report
「At the Company, operating revenue and profit increased because flexible development of the facility network in line with customer needs expanded the storage space of customers that began transactions during the previous consolidated fiscal year, while progress in attracting customers to large-scale facilities increased warehouse utilisation, among other factors.」
The trend toward improved warehouse utilization resulting from attracting customers to large-scale locations and expanding storage areas has continued. - FY2018-Q2RestatedAnnual report
「Revenue and profit increased because the storage area used by customers with whom we began transactions during the previous consolidated fiscal year expanded, and warehouse utilization improved as efforts to attract customers to large-scale locations progressed.」
The improvement in warehouse utilization resulting from attracting customers to large-scale locations and expanding storage areas has continued. - FY2018-Q1MitigatedAnnual report
「Revenue and profit increased because we began transactions with customers during the previous consolidated fiscal year and warehouse utilization improved as efforts to attract customers to large-scale locations progressed.」
Warehouse utilization improved as efforts to attract customers to large-scale locations progressed, reducing some of the risk of lower utilization. - FY2017MaterialisedAnnual report
「Segment profit declined because a time lag arose between customers relocating upon contract expiration and new customers commencing operations, resulting in lower warehouse utilization at some locations.」
Lower warehouse utilization caused by the time lag between customer relocations and the start of new operations emerged as a factor behind lower profit during the year. - FY2017-Q3MaterialisedAnnual report
「Segment profit declined because warehouse utilization fell at some locations, partly as a result of lower inventory volumes.」
Lower warehouse utilization at some locations due to reduced inventory volumes again emerged as a factor behind lower profit. - FY2017-Q2MitigatedAnnual report
「Segment profit increased, mainly because warehouse utilization improved at LOGITEM VIETNAM CORP.」
Warehouse utilization at the Vietnam locations improved, reducing some of the risk of lower utilization. - FY2017-Q1RestatedAnnual report
「Operating revenue increased because we began transactions with new customers and existing customers in the food and interior-related sectors increased their storage demand, partly because we expanded storage capacity during the previous consolidated fiscal year. Segment profit declined because warehouse utilization fell at some locations, partly due to a time lag between customers moving in and out.」
Lower warehouse utilization at some locations also occurred during the quarter and became a factor behind lower profit in the asset business. - FY2016MaterialisedAnnual report
「Profit declined because warehouse utilization fell at some locations, partly as a result of customers vacating facilities after their contracts ended.」
The disclosure states that, in the asset business, which carries fixed-cost burdens, lower utilization at some locations due to customer departures actually occurred during the period.