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Japan Oil Transportation (9074) · InitiativeRestated

Expansion of High-Pressure Gas Transportation Through the Acquisition of Another Company's Business

First written in FY2024-Q1. 2 of 3 entries say "Restated". Latest entry: FY2024-Q3.

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ProgressHeldSoftenedWorseRestatedFY2024-Q1 – FY2024-Q32023: 220232024: 12024
Same theme, other companies
Entry into and expansion of the industrial gas and hydrogen transportation businessA theme 2 companies write about · 0 as a headwind · 3 as a tailwind

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

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  1. FY2024-Q3RestatedAnnual report

    「Although rail transportation for LNG ended, among other developments, net sales increased 0.5% year on year to ¥6,347 million, supported by higher revenue from the acquisition of other companies’ businesses in high-pressure gas transportation and other factors.」

    The Company has continued to report higher revenue from high-pressure gas transportation through the acquisition of other companies’ businesses and other measures. The end of rail transportation for LNG is also continuing to be reported.
  2. FY2024-Q2RestatedAnnual report

    「Although rail transport for LNG was discontinued, higher revenue from the acquisition of another company's business in other high-pressure gas transport and other factors resulted in revenue of ¥4,128 million, up 0.9% year on year. Meanwhile, higher expenses, including personnel and repair costs, resulted in a segment loss of ¥128 million, compared with a segment loss of ¥40 million in the previous year.」

    The Company has continued to report higher revenue from high-pressure gas transportation through the acquisition of other companies’ businesses and other measures. Meanwhile, the segment loss widened due to the end of rail transportation and higher expenses.
  3. FY2024-Q1First statedAnnual report

    「Although rail transportation for LNG ended, among other developments, net sales were ¥2,073 million, largely unchanged year on year, supported by higher revenue from the acquisition of other companies’ businesses in high-pressure gas transportation and other factors, down 0.3% year on year.」

    The acquisition of another company’s business is described concretely for the first time as a measure to expand and complement high-pressure gas transportation.
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Expansion of High-Pressure Gas Transportation Through the Acquisition of Another Company's Business | Japan Oil Transportation Co.,Ltd. (9074) | Komori