High dependence on the delivery business for revenue
First written in FY2018. 2 of 5 entries say "Softened", first in FY2022. Latest entry: FY2026.
Sg Holdings moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 22 of 61 companies on the "Worse" side.
5 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The delivery business is a core business, accounting for more than 60% of the Group's consolidated operating revenue.」
The delivery business's earnings dependence is described as having declined from approximately 80% to more than 60%, reflecting the expansion of the logistics and global logistics businesses. - FY2024RaisedAnnual report
「The delivery business is a core business, accounting for approximately 80% of the Group's consolidated operating revenue.」
The delivery business's share of consolidated operating revenue is described as approximately 80%, up from approximately 70% in FY2022, indicating greater earnings dependence. - FY2022SoftenedAnnual report
「The delivery business is a core business, accounting for approximately 70% of the Group's consolidated operating revenue.」
The delivery business's share of consolidated operating revenue is described as approximately 70%, compared with approximately 80% previously. - FY2021RestatedAnnual report
「The delivery business is a core business, accounting for approximately 80% of the Group's consolidated operating revenue.」
The structure in which the delivery business accounts for approximately 80% of consolidated operating revenue continues to be described. - FY2018First statedAnnual report
「The delivery business is a core business, accounting for approximately 80% of the Group's consolidated operating revenue.」
The delivery business accounts for approximately 80% of consolidated operating revenue, indicating a structure in which declines in consumer and corporate logistics demand could affect performance.