Contraction of the Vehicle Management business following the closure of the Okayama office
First written in FY2020-Q1. 4 of 9 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2025-H1.
0 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「The vehicle management segment recorded higher revenue through the acquisition of new corporate transportation business and other factors.」
The vehicle management segment newly secured corporate transportation business, contributing to higher revenue. - FY2024-Q3RestatedAnnual report
「The vehicle management segment recorded higher revenue after newly undertaking operations management contracts, including for school buses.」
The company is reaffirming the expansion of its vehicle management business through new contracts for operations management services, including for school buses. - FY2024-Q1AdvancedAnnual report
「The vehicle management segment recorded higher revenue after newly securing vehicle management contracts from local governments, including school bus operations.」
The company newly secured vehicle management contracts from local governments, including school bus operations. - FY2023-Q1AdvancedAnnual report
「The vehicle management segment implemented upward revisions and secured new customers.」
The vehicle management segment made progress on upward revisions to existing contracts and the acquisition of new customers. - FY2022-Q2AdvancedAnnual report
「The vehicle management segment secured new business partners and implemented upward revisions to existing contracts.」
The vehicle management segment secured new business partners and implemented upward revisions to existing contracts. - FY2021-Q3New orders increased revenue in the vehicle management segment.Annual report
「The vehicle management segment recorded higher revenue from new orders, including those secured through competitive bidding, despite lower operating levels resulting from customer closures and downward contract revisions.」
Although customer closures and downward contract revisions had an impact, new orders secured through competitive bidding and other channels increased revenue in the vehicle management segment. - FY2021-Q1Cancellations, price reductions and lower utilization due to the COVID-19 pandemicAnnual report
「The vehicle management segment recorded lower revenue despite new orders from special-needs schools and other customers, as cancellations, requests for price reductions and lower operating levels resulting from the COVID-19 pandemic weighed on revenue.」
Although the segment received new orders, contract cancellations, requests for price reductions and lower operating levels resulting from the COVID-19 pandemic reduced revenue in the vehicle management segment. - FY2020Lower revenue due to contract cancellations and reductionsAnnual report
「In the Vehicle Management segment, we worked to secure upward revisions to contract prices with existing business partners and new orders, but revenue declined due to cancellations, reduced business activity and lower utilization.」
Following the closure of the Okayama office and other developments, cancellations and reductions of contracts with existing business partners and lower utilization were identified as factors behind the Vehicle Management segment's lower revenue for the full year. - FY2020-Q1First statedAnnual report
「In the Vehicle Management segment, although contract prices with existing business partners were revised upward and new contracts were obtained, revenue declined due to the closure of the Okayama office at the end of March 2019 and the reduction of contracts with existing business partners.」
The Okayama office was closed at the end of March 2019, which, together with reduced contracts with existing business partners, contributed to lower revenue in the Vehicle Management segment.