Risk to Progress on Fleet Development and Real Estate Investment Plans
First written in FY2017. 6 of 19 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Ocean-going shipping business Vessels 68,063 13,806 Internal funds and borrowings January 2026 to February 2029 May 2026 to April 2030 485,665」
For vessels under construction and scheduled for acquisition, the company discloses planned investment of ¥68.063 billion, the scheduled start and completion dates, and additional capacity of 485,665 deadweight tons after completion, providing specific details of its fleet development plan. - 2026-05-08AdvancedRevision of earnings forecasts
「At the end of the current period, total assets increased by ¥4,025 million from the end of the previous fiscal year to ¥346,684 million. This was mainly due to an increase in property, plant and equipment associated with vessel completions.」
The increase in property, plant and equipment resulting from vessel completions is reported as an actual result, indicating progress in fleet development. - FY2026-H1AdvancedAnnual report
「This was mainly due to a decrease in cash and deposits, offset by increases in construction in progress and vessels following the completion of newbuilds.」
The fleet development and capital investment plans are progressing, as reflected in increases in construction in progress and vessels following the completion of newbuilds. - FY2025AdvancedAnnual report
「Major capital expenditures, etc., as of the end of the consolidated fiscal year under review: Ocean-going shipping business; vessels; total planned investment ¥72,357 million; construction period June 2024 to October 2026; completion period August 2025 to October 2027; capacity increase after completion 503,126 deadweight tonnes」
The fleet development plan discloses specific details on the investment amount, start and completion dates, and additional capacity for vessels under construction and scheduled for acquisition. - FY2024-Q3RestatedAnnual report
「At the end of the third-quarter consolidated accounting period, total assets had increased by ¥11.575 billion from the end of the previous consolidated fiscal year to ¥277.028 billion. This was mainly attributable to increases in cash and deposits and the completion of vessels.」
The report states that total assets increased due to vessel completions, reaffirming progress in the fleet investment plan. - FY2024-Q2RestatedAnnual report
「At the end of the second-quarter consolidated accounting period, total assets had increased by ¥16.886 billion from the end of the previous consolidated fiscal year to ¥282.339 billion. This was mainly attributable to the completion of vessels.」
The report states that total assets increased due to vessel completions, reaffirming progress in fleet investment. - FY2023-Q3RestatedAnnual report
「As of the end of the third quarter of the fiscal year under review, total assets increased by ¥16,057 million from the end of the previous consolidated fiscal year to ¥263,187 million. This was mainly due to increases in cash and deposits and the completion of vessels.」
The report reaffirms that vessel completions were one of the main factors behind the increase in total assets, but does not specify any new vessel numbers or investment stage. - FY2023-Q2AdvancedAnnual report
「As of the end of the second quarter of the fiscal year under review, total assets increased by ¥15,822 million from the end of the previous consolidated fiscal year to ¥262,952 million. This was mainly due to increases in cash and deposits and the completion of vessels.」
Vessel completions contributed to the increase in total assets, indicating that fleet development and investment plans have progressed to a stage including completion of construction. - FY2022AdvancedAnnual report
「Of the vessels acquired in February 2022 in the ocean-going shipping business, one vessel is held by a consolidated subsidiary whose fiscal year-end is 31 December. The vessel is scheduled to be recorded as property, plant and equipment in the first quarter of the following consolidated fiscal year.」
For fleet development, the report indicates planned investment of ¥23,002 million in vessels under construction or scheduled for acquisition, including the vessel acquired in February 2022, and an increase in capacity of 130,352 deadweight tonnes after completion. - FY2022-Q1MitigatedAnnual report
「Hibiya Fort Tower, in which we are participating, was completed as scheduled at the end of June 2021.」
Hibiya Fort Tower was completed as scheduled, reducing the risk of delays in the real estate investment plan. - FY2021-Q3MitigatedAnnual report
「In the Shinbashi Tamuramachi District Urban Redevelopment Project, in which the Company is participating and which includes Hibiya Fort Tower, construction of the new building progressed smoothly and the building was topped out in September 2020. Completion is currently scheduled for the end of June 2021.」
The redevelopment work, which had been temporarily suspended, progressed smoothly, with topping-out scheduled for September 2020 and completion scheduled for the end of June 2021. - FY2021-Q1MaterialisedAnnual report
「Construction on the Shimbashi Tamuramachi District Urban Redevelopment Project was temporarily suspended by the contractor, but steel-frame erection work for the new building has already resumed. Completion is currently scheduled for the end of June 2021.」
A temporary suspension of redevelopment work actually occurred. However, work resumed, and completion at the end of June 2021 remained scheduled. - FY2020-Q3MitigatedAnnual report
「In the Shimbashi Tamuramachi District Urban Redevelopment Project, steel-frame erection work for the new building has begun, and completion is currently scheduled for the end of June 2021.」
Redevelopment work progressed from the foundation construction stage to steel-frame erection, indicating the status of measures addressing risks to the progress of the investment plan. - FY2020-Q2RestatedAnnual report
「In addition, foundation work for the new building has begun at the Shimbashi Tamura-cho District Urban Redevelopment Project, which is currently scheduled for completion at the end of June 2021.」
The Shimbashi Tamura-cho District Urban Redevelopment Project is in the foundation construction phase and is scheduled for completion at the end of June 2021. No progress to a new construction phase since the previous disclosure is indicated. - FY2019MitigatedAnnual report
「In this project, underground demolition has been completed and foundation work for the new building has begun. Construction has progressed generally as planned.」
The Shimbashi Tamura-cho District Urban Redevelopment Project has progressed generally as planned, indicating the status of measures addressing the risk of delays in the investment plan. - FY2019-Q2MitigatedAnnual report
「At the Shimbashi Tamura-cho District Urban Redevelopment Project, underground demolition has been completed and foundation work for the new building has begun. Construction has progressed generally as planned.」
Regarding the real estate investment plan, redevelopment work has progressed generally as planned, reaching completion of underground demolition and the start of foundation work. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The report concludes that there have been no material changes regarding the risk of delays in fleet development and real estate investment plans. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The report concludes that there have been no material changes regarding the risk of delays in fleet development and real estate investment plans. - FY2017First statedAnnual report
「The Group plans to make investments in fleet development in the shipping business and in the construction of buildings and other projects in the real estate business. However, if these investments do not progress as planned due to future shipping or property market conditions, financial conditions, or developments at shipbuilders and construction companies, among other factors, the Group’s operating results, share price and financial condition may be affected.」
The report explicitly identifies the risk that investment plans for fleet development, building construction and other projects may be delayed by market conditions, financial conditions and developments at shipbuilders and construction companies.