Improving and transforming the business to generate profits
First written in FY2016. 18 of 39 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 13 of 89 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2027-H1Revenue increased, but profit declined at every levelAnnual report
「Meanwhile, higher personnel costs for warehouse operations accompanying the expansion in volumes handled, one-time costs associated with consolidating and integrating sites, and higher costs such as fuel prices pressured profit, resulting in all profit measures falling below the levels of the same period of the previous year.」
Although revenue increased as volumes handled expanded, all profit measures fell below the levels of the same period of the previous year due to higher warehouse labor costs, site consolidation and integration costs, and higher costs such as fuel prices. - 2026-08-10DroppedResults
「営業収益につきましては、前連結会計年度に受託した物流センター業務が好調に推移したほか、得意先の保管面積拡大やスポット貨物の獲得により貨物保管量が増加したことなどから、増収となりました。一方、利益面につきましては、センター事業における拠点集約プロセスに伴う既存事業の生産性低下や一過性の人件費増加、および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。」
収益構造の確立を重点課題に掲げる一方、第1四半期は営業利益、経常利益、親会社株主に帰属する四半期純利益が前年同期を下回った。 - FY2026AdvancedAnnual report
「Profit increased due to higher profit accompanying the expansion of operating revenue and improved profitability as the effects of fee revisions took hold. As a result, operating revenue for the consolidated fiscal year was ¥71,317 million, up 8.1% year on year; operating profit was ¥1,437 million, up 16.9%; ordinary profit was ¥1,462 million, up 26.5%; and net profit attributable to owners of the parent was ¥684 million, up 48.5%.」
Profitability improved as the effects of fee revisions took hold and operating revenue expanded, resulting in increases in operating profit, ordinary profit, and net profit attributable to owners of the parent. Operating profit was ¥1,437 million and ordinary profit was ¥1,462 million, indicating progress in improving the business’s ability to generate profits on a full-year basis. - FY2026-H1AdvancedAnnual report
「Profit increased as profitability improved due to higher operating revenue, improved operational efficiency, and the effects of fee revisions. As a result, operating revenue for the current interim consolidated accounting period was ¥34,831 million, up 8.9% year on year; operating profit was ¥864 million, up 147.7%; ordinary profit was ¥835 million, up 156.1%; and interim net profit attributable to owners of the parent was ¥554 million, up 173.9%.」
Profitability improved due to higher operating revenue, improved operational efficiency, and fee revisions, resulting in substantial increases in operating profit, ordinary profit, and interim net profit attributable to owners of the parent. - FY2025Operating profit and ordinary profit increased, but net profit declined due to impairment lossesAnnual report
「Operating profit and ordinary profit increased despite higher personnel, system-related, and other costs, reflecting higher profit from expanded operating revenue, improved margins in the center business as warehouse operations became more efficient, and progress in improving the earnings structure in Vietnam. Meanwhile, net profit attributable to owners of the parent declined because impairment losses on fixed assets related to business locations and other assets with lower profitability were recorded as extraordinary losses.」
Despite higher costs, operating profit increased 20.8% and ordinary profit increased 16.1% due to higher operating revenue, greater efficiency in the center business, and improvements in Vietnam’s earnings structure. Meanwhile, net profit attributable to owners of the parent declined 7.7% due to ¥530 million in impairment losses. - FY2025-H1Profit declined due to lower utilization in the asset business and higher costsAnnual report
「As a result of these initiatives, operating revenue increased due to the expansion of the temperature-controlled logistics business following the start of transactions with new customers, higher volumes handled as a result of winning new contracts, and the yen’s depreciation against the local currencies of Vietnam and Thailand. Meanwhile, although the center business improved, profit declined because lower warehouse utilization caused margins in the asset business to deteriorate and personnel expenses, system-related expenses, and other costs increased. As a result, operating revenue for the current interim consolidated accounting period was ¥31,989 million, up 2.4% year on year; operating profit was ¥348 million, down 25.6%; ordinary profit was ¥326 million, down 26.0%; and interim net profit attributable to owners of the parent was ¥202 million, down 5.5%.」
Although revenue increased, operating profit declined 25.6% year on year due to deteriorating margins in the asset business caused by lower warehouse utilization and higher costs, including personnel and system-related expenses. - FY2024-Q3AdvancedAnnual report
「Although affected by higher costs, operating profit and ordinary profit increased due to the revenue benefit from growth in the asset business and higher profit in the center business resulting from improved operational efficiency. As a result, operating revenue for the cumulative third quarter of the current consolidated fiscal year was ¥47,450 million, up 1.3% year on year; operating profit was ¥853 million, up 23.9%; and ordinary profit was ¥823 million, up 26.7%.」
Despite the impact of higher costs, operating profit and ordinary profit increased due to higher revenue in the asset business and improved operational efficiency in the center business. Operating profit increased 23.9% year on year, indicating concrete progress toward an earnings structure capable of securing profits on a stable basis. - FY2024-Q2AdvancedAnnual report
「Despite the impact of higher costs, profit increased due to the revenue benefit from growth in the asset business and higher profit in the center business resulting from improved operational efficiency.」
Despite the impact of higher costs, profit increased due to higher revenue in the asset business and improved operational efficiency in the center business, indicating concrete progress in improving the business’s ability to generate profits. - FY2024-Q1AdvancedAnnual report
「Profit increased despite the impact of higher costs, reflecting the revenue benefit from growth in the asset business and higher profit in the center business due to improved operational efficiency. As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥15,617 million, up 3.2% year on year; operating profit was ¥329 million, up 24.2%; ordinary profit was ¥315 million, up 27.5%; and quarterly net profit attributable to owners of the parent was ¥159 million, up 17.0%.」
Despite the impact of higher costs, operating profit and other profit measures increased due to higher revenue in the asset business and improved operational efficiency in the center business, indicating concrete progress in improving the business’s ability to generate profits. - FY2023ReframedAnnual report
「Under the newly launched medium-term management plan, which began with the fiscal year ending March 2024, the Company formulated a plan to establish “an earnings structure capable of securing an appropriate level of profit on a stable basis” to address this issue.」
The wording was changed from “a business capable of generating profits” and “a robust earnings foundation” to “establishing an earnings structure capable of securing an appropriate level of profit on a stable basis” in the new medium-term management plan. The Company explained that although operating profit increased to ¥1,041 million in FY2023, profitability remained an issue. - FY2023-Q3Gross operating profit increased, but profit declined due to higher selling, general and administrative expensesAnnual report
「Operating profit declined because, despite an increase in gross operating profit, personnel expenses and other selling, general and administrative expenses increased.」
Although gross operating profit increased, operating profit declined due to higher selling, general and administrative expenses, including higher personnel expenses, indicating a temporary setback to improving the business’s ability to generate profits. - FY2023-Q2AdvancedAnnual report
「Operating profit and ordinary profit increased because margins improved due to higher operating revenue and because the previous year included expenses related to changes in warehouse specifications in the asset business. As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥30,532 million, up 7.8% year on year; operating profit was ¥388 million, up 22.8%; and ordinary profit was ¥362 million, up 8.7%.」
Margins improved due to higher operating revenue and the absence of the previous year’s warehouse specification-change expenses, resulting in increases in operating profit and ordinary profit. Concrete progress in improving the business’s ability to generate profits was indicated. - FY2023-Q1AdvancedAnnual report
「Profit increased because margins improved as operating revenue expanded and because the previous year included expenses related to changes in warehouse specifications in the asset business. As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥15,126 million, up 6.7% year on year; operating profit was ¥265 million, up 92.3%; ordinary profit was ¥247 million, up 78.0%; and quarterly net profit attributable to owners of the parent was ¥136 million, up 50.5%.」
Margins improved due to higher operating revenue and the absence of the previous year’s warehouse specification-change expenses, resulting in increases in operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent. Concrete progress in improving the business’s ability to generate profits was noted. - FY2022AdvancedAnnual report
「Although profit was pressured by construction work to change warehouse specifications in the asset business, profit increased due to higher operating revenue, the acquisition of high-margin spot contracts in Japan and overseas, and improved profitability in the center business as efficiency advanced. As a result, operating revenue for the consolidated fiscal year was ¥58,100 million, up 7.7% year on year; operating profit was ¥1,029 million, up 21.8%; ordinary profit was ¥1,048 million, up 20.6%; and net profit attributable to owners of the parent was ¥632 million, up 39.4%.」
Although warehouse specification-change construction costs were a source of pressure, operating profit, ordinary profit, and net profit attributable to owners of the parent increased due to higher operating revenue, the acquisition of spot contracts, and improved efficiency in the center business, indicating progress in improving the business’s ability to generate profits on a full-year basis. - FY2022-Q3AdvancedAnnual report
「Although profit was pressured by construction work to change warehouse specifications in the asset business, profit increased due to higher operating revenue and improved margins in the center business. As a result, operating revenue for the cumulative third quarter of the current consolidated fiscal year was ¥43,144 million, up 7.4% year on year; operating profit was ¥694 million, up 7.3%; ordinary profit was ¥712 million, up 7.0%; and quarterly net profit attributable to owners of the parent was ¥441 million, up 10.1%.」
Although construction costs in the asset business were a source of pressure, operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent increased year on year due to higher operating revenue and improved margins in the center business. - FY2022-Q2Revenue increased, but operating profit, ordinary profit, and profit attributable to owners of the parent declinedAnnual report
「As a result of these initiatives, operating revenue increased due to higher volumes handled in the mail-order and food businesses at newly established sites and the recovery in freight volumes for interior goods and other products compared with the same period of the previous year, when demand had fallen sharply due to the COVID-19 pandemic. Meanwhile, although profit increased as operating revenue expanded and the center business improved, profit declined because construction costs related to changes in the specifications of the Company’s warehouses were incurred in the asset business, while personnel expenses and training and practical-training expenses increased in selling, general and administrative expenses. As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥28,316 million, up 7.5% year on year; operating profit was ¥316 million, down 5.3%; ordinary profit was ¥333 million, down 3.7%; and quarterly net profit attributable to owners of the parent was ¥190 million, down 1.9%.」
Operating revenue increased 7.5% year on year, while operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all declined. The increase in profit from newly established sites and improvements in the center business was more than offset by higher costs for warehouse specification changes, personnel expenses, and training and practical-training expenses. - FY2022-Q1Revenue increased, but operating profit, ordinary profit, and profit attributable to owners of the parent declinedAnnual report
「As a result of these initiatives, operating revenue increased due to higher volumes handled in the mail-order and food businesses at newly established sites and the recovery in freight volumes for interior goods and other products compared with the same period of the previous year, which was under the first state of emergency declaration. Meanwhile, profit declined because construction costs resulting from changes to the specifications of the Company’s warehouses and initial costs associated with establishing new sites were incurred, causing margins in the asset business to deteriorate. As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥14,174 million, up 8.8% year on year; operating profit was ¥138 million, down 27.1%; ordinary profit was ¥139 million, down 23.8%; and quarterly net profit attributable to owners of the parent was ¥90 million, down 13.9%.」
Operating revenue increased due to newly established sites and higher volumes handled, while construction costs for changes to the specifications of the Company’s warehouses and initial costs for establishing new sites reduced margins in the asset business, resulting in declines in operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent. - FY2021-Q3Revenue increased, but operating profit, ordinary profit, and profit attributable to owners of the parent declinedAnnual report
「As a result of these initiatives, operating revenue increased despite lower freight volumes for interior goods and apparel and a downturn in overseas operations, reflecting higher volumes handled in the mail-order business and expansion of the asset business through the start of operations for new customers. Meanwhile, operating profit and ordinary profit declined as margins deteriorated due to lower distribution processing volumes for certain customers and delays in improving operational efficiency, profitability became difficult to secure overseas as operating revenue declined, and expenses related to infectious disease control measures were incurred. Quarterly net profit attributable to owners of the parent declined despite lower extraordinary losses than in the same period of the previous year, when impairment losses were recorded, due to the decrease in ordinary profit. As a result, operating revenue for the cumulative third quarter of the current consolidated fiscal year was ¥40,153 million, up 1.9% year on year; operating profit was ¥647 million, down 20.8%; ordinary profit was ¥665 million, down 26.7%; and quarterly net profit attributable to owners of the parent was ¥401 million, down 10.7%.」
Operating revenue increased 1.9% year on year, while operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all declined. - FY2021-Q2Revenue increased, but operating profit, ordinary profit, and profit attributable to owners of the parent declinedAnnual report
「As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥26,340 million, up 1.6% year on year; operating profit was ¥333 million, down 33.6%; ordinary profit was ¥346 million, down 33.0%; and quarterly net profit attributable to owners of the parent was ¥194 million, down 4.3%.」
Operating revenue increased, while operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all fell below the levels of the same period of the previous year. The decline in profit, including the effects of infectious disease control measures and the center business, was noted as a setback to improving the business’s ability to generate profits. - FY2021-Q1Profit declined due to higher labor costs and infectious disease control expensesAnnual report
「Operating profit and ordinary profit declined, reflecting higher labor costs associated with labor shortages and the response to work-style reforms, lower volumes of distribution processing handled at logistics centers that resulted in a loss in the center business, and expenses related to infectious disease control measures.」
Operating profit and ordinary profit declined year on year due to higher labor costs, a loss in the center business, and expenses related to infectious disease control measures, creating a temporary setback to improving the business’s ability to generate profits. - FY2020AdvancedAnnual report
「Profit increased, reflecting higher operating revenue, improved margins as operational efficiencies advanced and margins in the core businesses improved, and lower selling, general and administrative expenses.」
As a result of improved operational efficiency, higher margins in the core businesses, and lower selling, general and administrative expenses, operating profit was ¥1,113 million and ordinary profit was ¥1,224 million, indicating progress in improving the business’s ability to generate profits on a full-year basis. - FY2020-Q3AdvancedAnnual report
「Profit increased, reflecting higher operating revenue, improved margins as operational efficiencies advanced and margins in the core businesses improved, and lower selling, general and administrative expenses. As a result, operating revenue for the cumulative third quarter of the current consolidated fiscal year was ¥39,404 million, up 7.0% year on year; operating profit was ¥817 million, up 230.9%; ordinary profit was ¥908 million, up 238.1%; and quarterly net profit attributable to owners of the parent was ¥448 million, up 286.6%.」
As a result of improved operational efficiency, higher margins in the core businesses, and lower selling, general and administrative expenses, operating profit increased 230.9% year on year, ordinary profit increased 238.1%, and quarterly net profit attributable to owners of the parent increased 286.6%, indicating further progress in improving the business’s ability to generate profits. - FY2020-Q2AdvancedAnnual report
「Profit increased, reflecting higher operating revenue, improved margins as operational efficiencies advanced and margins in the core businesses improved, and lower selling, general and administrative expenses. Operating profit and quarterly net profit attributable to owners of the parent turned profitable from losses in the same period of the previous year. As a result, operating revenue for the cumulative second quarter of the current consolidated fiscal year was ¥25,930 million, up 8.2% year on year; operating profit was ¥502 million, compared with an operating loss of ¥17 million in the same period of the previous year; ordinary profit was ¥516 million, compared with ordinary profit of ¥17 million; and quarterly net profit attributable to owners of the parent was ¥202 million, compared with a quarterly net loss attributable to owners of the parent of ¥49 million.」
Profit increased as a result of improved operational efficiency, higher margins in the core businesses, and lower selling, general and administrative expenses, while operating profit and quarterly net profit attributable to owners of the parent turned profitable from losses in the same period of the previous year. - FY2020-Q1AdvancedAnnual report
「Operating profit and ordinary profit turned profitable from losses in the same period of the previous year, reflecting higher operating revenue, improved margins as operational efficiencies advanced and margins in the core businesses improved, and lower selling, general and administrative expenses. As a result, operating revenue for the cumulative first quarter of the current consolidated fiscal year was ¥12,801 million, up 9.4% year on year; operating profit was ¥230 million, compared with an operating loss of ¥96 million in the same period of the previous year; and ordinary profit was ¥220 million, compared with an ordinary loss of ¥86 million.」
Operating profit and ordinary profit turned profitable from losses in the same period of the previous year as a result of improved operational efficiency, higher margins in the core businesses, and lower selling, general and administrative expenses. - FY2019AdvancedAnnual report
「Operating profit and ordinary profit increased, reflecting progress in fee revisions in the truck transportation business and higher warehouse utilization as efforts to attract freight to existing sites proved successful.」
Operating profit and ordinary profit increased as a result of fee revisions, efforts to attract freight, and higher warehouse utilization, indicating concrete progress toward establishing a business capable of generating profits. - FY2019-Q3AdvancedAnnual report
「Operating profit and ordinary profit increased, reflecting higher operating revenue as well as improved margins resulting from progress in operational efficiencies and fee revisions.」
Margins improved as operational efficiencies and fee revisions progressed, indicating concrete progress in improving the business’s ability to generate profits. - FY2019-Q2RestatedAnnual report
「Against this backdrop, the Group worked as one to improve existing operations, establish new earnings foundations, and expand operations in fields expected to grow.」
The Group continues to pursue a policy of improving existing operations, establishing new earnings foundations, and expanding operations in growth fields. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the Group worked as one to improve existing operations, establish new earnings foundations, and expand operations in fields expected to grow.」
The Group continues to pursue a policy of improving existing operations, establishing new earnings foundations, and expanding operations in growth fields. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the Group worked as one to improve existing operations, establish a business capable of generating profits, and establish new earnings foundations by expanding operations in fields expected to grow.」
The Group continues to pursue the establishment of a business capable of generating profits through improvements to existing operations and the establishment of new earnings foundations through expanded operations in growth fields. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the Group worked as one to improve existing operations, establish a business capable of generating profits, and establish new earnings foundations by expanding operations in fields expected to grow.」
The Group continues to pursue the establishment of a business capable of generating profits through improvements to existing operations and the establishment of new earnings foundations through expanded operations in growth fields. - FY2018-Q1RestatedAnnual report
「Against this backdrop, the Group worked as one to improve existing operations, establish a business capable of generating profits, and establish new earnings foundations by expanding operations in fields expected to grow.」
The Group continues to improve existing operations, establish a business capable of generating profits, and establish new earnings foundations by expanding operations in growth fields. - FY2017ReframedAnnual report
「To this end, the Group will steadily improve existing operations and seek to establish a business capable of generating profits, while expanding the logistics services it handles in fields expected to grow and working to establish new earnings foundations.」
The wording changed from “transforming the business to generate profits” to “establishing a business capable of generating profits” through improvements to existing operations, with growth fields and the establishment of new earnings foundations also listed. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group adopted “transforming the business to generate profits” as its management policy for achieving sustainable growth and worked as one to implement various initiatives.」
The Group continues to pursue “transforming the business to generate profits” as its management policy. - FY2017-Q2RestatedAnnual report
「Against this backdrop, the Group adopted “transforming the business to generate profits” as its policy for achieving sustainable growth and worked as one to implement various initiatives.」
The Group continues to pursue “transforming the business to generate profits” as its policy. - FY2017-Q1RestatedAnnual report
「Against this backdrop, the Group adopted “transforming the business to generate profits” as its policy for achieving sustainable growth and worked as one to implement various initiatives.」
The Group continues to pursue “transforming the business to generate profits” as its policy. - FY2016First statedAnnual report
「To enhance corporate value and achieve sustainable growth, the Group identified “improving the business to generate profits” as a key issue and worked as one to expand operating revenue, review and transform its cost structure, and strengthen employee development.」
The challenge to be addressed is described as “transforming the business to generate profits” and is presented as an initiative aimed at generating stable profits.