Higher volumes in the transportation and warehousing business and lower profit
First written in FY2018-Q1. 14 of 31 entries say "Reframed", first in FY2018-Q2. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07ReframedEarnings
「① Transportation business Due to higher business volume, revenue was ¥31.680 billion, up 4.4% year on year. Operating profit fell 6.6% to ¥1.706 billion due to higher fuel costs and increased personnel expenses and depreciation. ② Warehousing business The volume of goods handled for storage increased as a result of the ongoing construction of new and expanded warehouses and other factors. Revenue increased 7.9% to ¥11.344 billion. Operating profit increased 7.9% to ¥2.284 billion due to the effect of higher revenue.」
The Transportation business recorded higher revenue but lower profit, while the Warehousing business achieved higher revenue and profit as a result of new and expanded warehouses, resulting in divergent profit trends by business. - FY2026ReframedAnnual report
「Transport business Revenue was ¥12,434 million, up 5.4% year on year, due to increased operating volumes. Despite higher subcontracting costs, operating profit rose 19.1% to ¥752 million, also reflecting the effect of higher revenue. Warehouse business The volume of cargo handled and stored increased due to the benefits of ongoing warehouse construction and expansion. Revenue rose 5.1% year on year to ¥4,298 million. Operating profit increased 3.1% to ¥883 million, mainly due to higher depreciation and amortisation.」
The Warehouse business, which had posted lower profit in the interim period, joined the Transport business in posting higher revenue and profit for the full year. The effect of higher revenue was evident in Transport, while the effect of new warehouse construction and expansion was evident in Warehouse. - 2026-05-08ReframedEarnings
「The Transportation business recorded revenue of ¥124.339 billion, up 5.4% year on year, due to higher business volume. Despite higher outsourcing costs, the effect of increased revenue lifted operating profit 19.1% to ¥7.523 billion. In the Warehousing business, the volume of goods handled for storage increased as a result of the ongoing construction of new and expanded warehouses, and revenue increased 5.1% to ¥42.976 billion. Operating profit increased 3.1% to ¥8.826 billion, despite higher depreciation and other expenses.」
The Transportation business posted a substantial profit increase, while the Warehousing business also increased profit despite higher depreciation and other expenses, resulting in differing degrees of profit growth by business. - FY2026-H1ReframedAnnual report
「(Transport business) Revenue rose 7.9% year on year to ¥6,082 million, due mainly to increased cargo volumes, the optimisation of charges collected and the contribution from US-based Supreme Auto Transport, LLC, which was consolidated as a subsidiary in May of the previous year. Operating profit increased 27.3% to ¥370 million, reflecting the effect of higher revenue, improved transport efficiency and the absence of the initial M&A costs incurred in the previous year. (Warehouse business) The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion. Revenue rose 3.9% year on year to ¥2,109 million. Despite the effect of higher revenue, operating profit increased only 0.2% to ¥420 million due mainly to higher subcontracting costs and depreciation and amortisation.」
The Transport business posted a substantial increase in profit, driven by the acquisition, charge optimisation and improved transport efficiency. Meanwhile, although the Warehouse business posted higher revenue, profit rose only slightly due to higher subcontracting costs and depreciation and amortisation, resulting in divergent earnings trends by business. - FY2025-H1ReframedAnnual report
「(Transport business) Cargo volumes increased following the consolidation of US-based Supreme Auto Transport, LLC as a subsidiary, while revenue also benefited from efforts to optimise freight rates. Revenue rose 16.2% year on year to ¥5,639 million. Following the expansion of sales and the effect of higher revenue, operating profit increased 6.8% to ¥276 million. / (Warehouse business) The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion. Revenue rose 4.9% year on year to ¥2,035 million. Operating profit fell 5.1% to ¥419 million, mainly due to higher personnel expenses and depreciation and amortisation.」
The Transport business posted higher revenue and profit, driven by the acquisition, freight-rate optimisation and the effect of higher revenue. Meanwhile, the Warehouse business posted higher revenue due to new warehouse construction and expansion but lower profit due to higher personnel expenses and depreciation and amortisation. - FY2024ReframedAnnual report
「Transport business Revenue was ¥10,039 million, up 3.8% year on year, due mainly to the recovery in cargo volumes. Operating profit rose 10.3% to ¥558 million, mainly due to the effect of higher revenue. Warehouse business The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion in Japan and overseas. Revenue rose 3.0% year on year to ¥3,886 million. Operating profit fell 1.1% to ¥833 million, mainly due to higher personnel expenses and depreciation and amortisation.」
The Transport business posted higher revenue and profit, while the Warehouse business posted higher revenue due to new warehouse construction and expansion but lower profit due to higher personnel expenses and depreciation and amortisation, resulting in divergent profit trends between the two businesses. - FY2024-Q3ReframedAnnual report
「(Transport business) Revenue was ¥7,536 million, up 3.6% year on year, due mainly to the recovery in cargo volumes. Operating profit rose 12.6% to ¥422 million, reflecting the effect of higher revenue and improved transport efficiency. (Warehouse business) The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion in Japan and overseas. Revenue rose 2.9% year on year to ¥2,920 million. Operating profit was ¥638 million, broadly unchanged from the previous year, due mainly to higher personnel expenses and depreciation and amortisation.」
The Transport business posted higher revenue and profit, supported by the recovery in cargo volumes, the effect of higher revenue and improved transport efficiency. Meanwhile, although the Warehouse business posted higher revenue, operating profit was broadly unchanged from the previous year due to higher personnel expenses and depreciation and amortisation, resulting in divergent profit trends between the two businesses. - FY2024-Q2RestatedAnnual report
「(Transport business) Revenue was ¥4,854 million, up 2.8% year on year, due mainly to the recovery in cargo volumes. Operating profit rose 20.2% to ¥258 million, reflecting the effect of higher revenue and improved transport efficiency. (Warehouse business) The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion in Japan and overseas. Revenue rose 3.5% year on year to ¥1,935 million. Operating profit increased 2.7% to ¥409 million, mainly due to the effect of higher revenue.」
Both businesses continued to post higher revenue and profit, with the Transport business benefiting from the recovery in cargo volumes and improved transport efficiency, and the Warehouse business from an increase in stored cargo resulting from ongoing warehouse construction and expansion. - FY2024-Q1RestatedAnnual report
「(Transport business) Revenue was ¥2,399 million, up 4.0% year on year, due mainly to the recovery in cargo volumes. Operating profit rose 66.5% to ¥129 million, mainly due to improved transport efficiency. (Warehouse business) The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion. Revenue rose 5.0% year on year to ¥956 million. Operating profit increased 8.4% to ¥228 million, mainly due to the effect of higher revenue.」
Both businesses continued to post higher revenue and profit, with the Transport business benefiting from the recovery in cargo volumes and improved transport efficiency, and the Warehouse business from an increase in stored cargo resulting from ongoing warehouse construction and expansion. - FY2023-Q3RestatedAnnual report
「(Transport business) Revenue was ¥7,274 million, up 8.6% year on year, due mainly to the recovery in cargo volumes. Despite soaring fuel prices, operating profit rose 12.6% to ¥375 million, reflecting the effect of higher revenue and improved transport efficiency. (Warehouse business) The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion in Japan and overseas. Revenue rose 10.6% year on year to ¥2,838 million. Despite higher depreciation and amortisation, operating profit increased 8.2% to ¥638 million, mainly due to the effect of higher revenue.」
Both businesses continued to post higher revenue and profit, with the Transport business benefiting from the recovery in cargo volumes and the Warehouse business from an increase in stored cargo resulting from new warehouse construction and expansion. - FY2023-Q2RestatedAnnual report
「(Transport business) Revenue was ¥4,722 million, up 10.1% year on year, due mainly to the recovery in cargo volumes. Despite soaring fuel prices, operating profit rose 2.7% to ¥214 million, reflecting the effect of higher revenue and improved transport efficiency. (Warehouse business) The volume of cargo stored increased, mainly due to the benefits of ongoing warehouse construction and expansion in Japan and overseas. Revenue rose 12.4% year on year to ¥1,869 million. Operating profit increased 14.6% to ¥429 million, mainly due to the effect of higher revenue.」
Both businesses continued to post higher revenue and profit, with the Transport business benefiting from the recovery in cargo volumes and the Warehouse business from an increase in stored cargo following new warehouse construction and expansion. The Transport business increased profit despite soaring fuel prices, supported by the effect of higher revenue and improved transport efficiency. - FY2023-Q1ReframedAnnual report
「(Transportation business) Due to the recovery in cargo volume and other factors, revenue rose 5.6% year on year to ¥2,306.6 million. Operating profit fell 34.9% year on year to ¥77.5 million due to substantially higher fuel prices and other factors. (Warehousing business) Due to the effect of continued warehouse construction and expansion in Japan and overseas, stored cargo volume increased and revenue rose 12.5% year on year to ¥910.5 million. Operating profit rose 13.8% year on year to ¥210.6 million, mainly due to the effect of higher revenue.」
The Transport business posted higher revenue as cargo volumes recovered, but lower profit due to soaring fuel prices. Meanwhile, the Warehouse business posted higher revenue and profit on the benefits of new warehouse construction and expansion, resulting in divergent earnings trends between the two businesses. - FY2022-Q3RestatedAnnual report
「(Transportation business) Due to the recovery in cargo volume and other factors, revenue rose 7.9% year on year to ¥6,696.5 million. Despite substantially higher fuel prices, operating profit rose 2.5% year on year to ¥333.2 million due to the effect of higher revenue and improved transport efficiency, among other factors. (Warehousing business) Due to the effect of continued warehouse construction and expansion in Japan and overseas, stored cargo volume increased and revenue rose 6.8% year on year to ¥2,565.4 million. Despite the effect of higher revenue, operating profit rose 2.2% year on year to ¥589.8 million due to higher depreciation expenses and other costs.」
Both businesses continued to post higher revenue and profit, supported by the recovery in cargo volume in the transportation business and the increase in stored cargo volume resulting from warehouse construction and expansion in the warehousing business. - FY2022-Q2Continued recovery in the transportation and warehousing businessesAnnual report
「(Transportation business) Due to the recovery in cargo volume and other factors, revenue rose 9.8% year on year to ¥4,288.8 million. Despite substantially higher fuel prices, operating profit rose 41.9% year on year to ¥208.9 million due to the effect of higher revenue and improved transport efficiency, among other factors. (Warehousing business) Due to the effect of continued warehouse construction and expansion in Japan and overseas, stored cargo volume increased and revenue rose 5.1% year on year to ¥1,663.5 million. Despite the effect of higher revenue, operating profit rose 1.0% year on year to ¥374.5 million due to higher depreciation expenses and other costs.」
The transportation business posted higher revenue and profit due to the recovery in cargo volume, while the warehousing business posted higher stored cargo volume and revenue due to the effect of new construction and expansion, and higher profit despite higher depreciation expenses and other costs. - FY2022-Q1Recovery in the transportation and warehousing businessesAnnual report
「Due to the recovery in cargo volume and other factors, revenue rose 17.2% year on year to ¥2,184.5 million. Despite substantially higher fuel prices, operating profit rose 208.2% year on year to ¥119.2 million due to the effect of higher revenue and improved transport efficiency, among other factors.」
The transportation business posted higher revenue due to the recovery in cargo volume and substantially higher profit due to the effect of higher revenue and improved transport efficiency despite substantially higher fuel prices. The warehousing business also posted higher revenue and profit as the increase in stored cargo volume from new construction and expansion continued. - FY2021ReframedAnnual report
「In the transportation business, cargo volume declined due to the spread of COVID-19 and other factors, resulting in revenue of ¥8,455.3 million, down 9.7% from the previous fiscal year. Despite lower personnel, fuel, and subcontracting costs, operating profit was ¥468.6 million, down 9.9%, affected by the decline in revenue. In the warehousing business, stored cargo volume increased due to the effect of continued warehouse construction and expansion despite the impact of COVID-19, resulting in revenue of ¥3,208.3 million, up 3.3%. Operating profit was ¥754.9 million, down 2.6%, due to higher depreciation expenses and other costs.」
The transportation business posted lower revenue and profit due to lower cargo volume. The warehousing business posted higher revenue due to the effect of new construction and expansion, but full-year operating profit declined due to higher depreciation expenses and other costs. - FY2021-Q3Narrower decline in transportation profit and slight increase in warehousing profitAnnual report
「Cargo volume in Japan and overseas declined due to the spread of COVID-19 and other factors, and revenue fell 12.2% year on year to ¥6,207.5 million. Although fuel and subcontracting costs declined, operating profit fell 18.1% year on year to ¥325.1 million, affected by the decline in revenue.” Although affected by the spread of COVID-19, stored cargo volume increased due to the effect of continued warehouse construction and expansion in Japan and overseas, and revenue rose 3.4% year on year to ¥2,401.1 million. Operating profit rose slightly year on year to ¥577.3 million as depreciation expenses and warehouse rents increased.」
The transportation business continued to post lower revenue and profit, but the decline in profit narrowed from the cumulative second quarter. The warehousing business posted higher revenue due to the effect of new construction and expansion, and operating profit increased slightly despite higher depreciation expenses and rents. - FY2021-Q2RestatedAnnual report
「Cargo volume in Japan and overseas declined due to the spread of COVID-19, and revenue fell 18.1% year on year to ¥3,906.6 million. Despite lower fuel prices, operating profit fell 50.5% year on year to ¥147.2 million, affected by the decline in revenue. Although affected by the spread of COVID-19, stored cargo volume increased due to the effect of continued warehouse construction and expansion in Japan and overseas, and revenue rose 2.8% year on year to ¥1,583.0 million. Operating profit fell 1.8% year on year to ¥370.9 million, mainly due to higher depreciation expenses.」
The transportation business continued to post lower revenue and profit due to lower cargo volume, while the warehousing business posted higher stored cargo volume and revenue due to the effect of warehouse construction and expansion, but lower profit due to higher depreciation expenses. - FY2021-Q1ReframedAnnual report
「(Transportation business) Cargo volume in Japan and overseas declined mainly due to the spread of COVID-19, and revenue fell 21.9% year on year to ¥1,863.1 million. Despite lower fuel prices, operating profit fell 72.3% year on year to ¥38.6 million, affected by the decline in revenue. (Warehousing business) Although affected by the spread of COVID-19, stored cargo volume increased due to the effect of continued warehouse construction and expansion in Japan and overseas. Revenue rose 1.9% year on year to ¥775.9 million. Operating profit fell 1.6% year on year to ¥182.2 million, mainly due to higher depreciation expenses.」
The transportation business posted substantial declines in revenue and profit due to lower cargo volume. Meanwhile, the warehousing business posted higher stored cargo volume and revenue due to the effect of warehouse construction and expansion, but profit fell due to higher depreciation expenses. - FY2020ReframedAnnual report
「Transportation business Due to an increase in cargo volume, revenue rose 0.4% year on year to ¥9,364.7 million. Operating profit fell 4.9% year on year to ¥520.0 million due to higher personnel expenses accompanying the increase in headcount and higher depreciation expenses, among other factors. Warehousing business Due to an increase in cargo volume accompanying the expansion of storage capacity, revenue rose 8.2% year on year to ¥3,105.6 million. Despite higher personnel and depreciation expenses, operating profit rose 21.0% year on year to ¥775.1 million due to the effect of higher revenue and improved storage efficiency, among other factors.」
The transportation business shifted to lower profit despite higher revenue due to higher personnel and depreciation expenses, while the warehousing business posted substantially higher profit due to expanded capacity and improved storage efficiency. - FY2020-Q3RestatedAnnual report
「Due to an increase in cargo volume and other factors, revenue rose 1.3% year on year to ¥7,073.7 million. Operating profit rose 0.1% year on year to ¥397.1 million, despite higher personnel expenses accompanying the increase in headcount. Due to an increase in stored cargo volume and other factors, revenue rose 8.3% year on year to ¥2,322.0 million. Operating profit rose 18.2% year on year to ¥577.1 million, due to the effect of higher revenue and improved storage efficiency, among other factors.」
Both the transportation and warehousing businesses posted higher revenue and profit due to increased cargo volumes. The transportation business posted a slight increase in profit despite the impact of higher personnel expenses, while the warehousing business posted higher profit due to the effect of higher revenue and improved storage efficiency. - FY2020-Q2RestatedAnnual report
「Due to an increase in cargo volume, revenue rose 6.3% year on year to ¥4,768.7 million. Operating profit rose 31.7% year on year to ¥297.7 million, due in part to improved transport efficiency and lower fuel prices. Due to an increase in stored cargo volume, revenue rose 9.6% year on year to ¥1,540.3 million. Operating profit rose 21.1% year on year to ¥377.8 million, mainly due to the effect of higher revenue.」
Both the transportation and warehousing businesses posted higher revenue and profit due to increased cargo and stored cargo volumes. Improved transport efficiency and lower fuel prices drove profit in the transportation business, while the warehousing business benefited from higher revenue. - FY2020-Q1RestatedAnnual report
「(Transportation business) Due to an increase in cargo volume, revenue rose 7.3% year on year to ¥2,385.4 million. Despite higher fuel prices, operating profit rose 35.1% year on year to ¥139.6 million due to improved transport efficiency and lower depreciation expenses, among other factors. (Warehousing business) Due to an increase in stored cargo volume, revenue rose 9.9% year on year to ¥761.1 million. Operating profit rose 22.4% year on year to ¥185.1 million, mainly due to the effect of higher revenue.」
Both the transportation and warehousing businesses posted higher revenue and profit due to increased cargo volumes. Improved transport efficiency and lower depreciation expenses were profit drivers in the transportation business, while the warehousing business benefited from higher revenue. - FY2019RestatedAnnual report
「Transportation business Due to an increase in cargo volume, revenue rose 5.1% year on year to ¥9,329.4 million. Despite higher fuel prices, operating profit rose 14.3% year on year to ¥546.7 million due to improved transport efficiency and lower depreciation expenses, among other factors. Warehousing business Due to an increase in stored cargo volume, revenue rose 3.6% year on year to ¥2,871.0 million. Operating profit rose 7.1% year on year to ¥640.4 million, mainly due to the effect of higher revenue.」
Both the transportation and warehousing businesses posted higher revenue and profit due to increased cargo volumes. Improved transport efficiency and lower depreciation expenses were profit drivers in the transportation business, while the warehousing business benefited from higher revenue. - FY2019-Q3RestatedAnnual report
「Due to an increase in cargo volume, revenue rose 5.4% year on year to ¥6,981.0 million. Despite higher fuel prices, operating profit rose 9.1% year on year to ¥396.7 million due to improved transport efficiency and lower depreciation expenses, among other factors.” Due to an increase in stored cargo volume, revenue rose 3.2% year on year to ¥2,143.5 million. Operating profit rose 9.2% year on year to ¥488.3 million, mainly due to the effect of higher revenue.」
Both the transportation and warehousing businesses posted higher revenue due to increased cargo volumes, and profit continued to increase on the back of improved transport efficiency, lower depreciation expenses, and the effect of higher revenue. - FY2019-Q2RestatedAnnual report
「(Transportation business) Due to an increase in cargo volume, revenue rose 3.7% year on year to ¥4,484.5 million. Despite higher fuel prices, operating profit rose 1.1% year on year to ¥226.0 million due to improved transport efficiency and lower depreciation expenses, among other factors. (Warehousing business) Due to an increase in stored cargo volume, revenue rose 2.7% year on year to ¥1,405.5 million. Operating profit rose 9.4% year on year to ¥312.0 million, mainly due to the effect of higher revenue.」
Both the transportation and warehousing businesses posted higher revenue due to increased cargo volumes, and profit continued to increase on the back of improved transport efficiency, lower depreciation expenses, and the effect of higher revenue. - FY2019-Q1ReframedAnnual report
「a. Transportation business Due to an increase in cargo volume, revenue rose 3.2% year on year to ¥2,223.9 million. Despite higher fuel prices, operating profit rose 16.2% year on year to ¥103.3 million due to improved transport efficiency and lower depreciation expenses, among other factors. b. Warehousing business Due to an increase in stored cargo volume, revenue rose 3.4% year on year to ¥692.6 million. Operating profit rose 8.2% year on year to ¥151.1 million, mainly due to the effect of higher revenue.」
The trend of lower profit seen by business through the previous period changed, with both businesses posting higher revenue and profit. The transportation business benefited from improved transport efficiency and lower depreciation expenses, while the warehousing business benefited from higher revenue. - FY2018ReframedAnnual report
「The transportation business posted revenue of ¥8,877.1 million, up 3.9%, and operating profit of ¥478.2 million, up 10.5%. The warehousing business posted revenue of ¥2,772.1 million, up 4.6%, and operating profit of ¥598.0 million, up 2.4%.」
The transportation business continued to post higher revenue and profit, while the warehousing business, which had posted lower profit through the previous quarter, also posted higher revenue and profit for the full year. Earnings trends in both businesses shifted toward improvement. - FY2018-Q3RestatedAnnual report
「① Transportation business Due to an increase in cargo volume, revenue rose 4.3% year on year to ¥6,625.7 million. Despite higher fuel prices, operating profit rose 11.6% year on year to ¥363.7 million, due to the effect of higher revenue and improved transport efficiency. ② Warehousing business Due to an increase in stored cargo volume, revenue rose 4.6% year on year to ¥2,077.4 million. Operating profit fell 0.5% year on year to ¥447.2 million, mainly due to higher depreciation expenses.」
The transportation business continues to post higher revenue and profit on the back of increased cargo volume, while the warehousing business continues to post lower profit due to higher depreciation expenses despite higher revenue from increased stored cargo volume, with earnings trends remaining divergent by business. - FY2018-Q2ReframedAnnual report
「① Transportation business Due to an increase in the volume of freight handled, revenue was ¥43,227 million, up 5.0% year on year. Despite higher fuel prices, operating income increased 26.4% year on year to ¥2,237 million, owing to the effect of higher revenue and improved transportation efficiency. ② Warehousing business Due to an increase in the volume of freight stored, revenue was ¥13,679 million, up 5.3% year on year. Operating income decreased 5.9% year on year to ¥2,852 million, mainly due to higher depreciation expense.」
The transportation business shifted to higher revenue and profit on the back of increased cargo volume, while the warehousing business posted lower profit due to higher depreciation expenses despite higher revenue from increased stored cargo volume, showing divergent earnings trends by business. - FY2018-Q1First statedAnnual report
「① Transportation business Due to an increase in cargo volume, revenue rose 6.2% year on year to ¥2,155.6 million. Operating profit fell 6.3% year on year to ¥88.8 million due to higher fuel prices and depreciation expenses, among other factors. ② Warehousing business Due to an increase in stored cargo volume, revenue rose 3.0% year on year to ¥669.6 million. Operating profit fell 2.0% year on year to ¥139.7 million, mainly due to higher depreciation expenses.」
Both the transportation and warehousing businesses posted higher revenue due to increased cargo volumes, but operating profit fell 6.3% and 2.0%, respectively, due to higher fuel prices and depreciation expenses.