Expansion of the overseas business base, including the Nordic region and Europe
First written in FY2016. 7 of 13 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Mitsui-Soko (Korea) Co.,Ltd. Korea Gyeongsangnam-do Changwon City Logistics business Expansion of general-purpose and hazardous-materials warehouses Expansion of earnings base ¥5,071 million ¥2,682 million Capital increase and loan by the parent company May 2025 October 2026」
Construction began on additional general-purpose and hazardous-materials warehouses in Korea, with ¥2,682 million of the planned total investment of ¥5,071 million already paid. The expansion of the overseas logistics base has progressed to a specific capital investment plan. - FY2026-H1AdvancedAnnual report
「Full-year contribution from the logistics site opened in the previous fiscal year in Europe」
The logistics site opened in Europe during the previous fiscal year has progressed to the stage of contributing for the full year in the current interim period. - FY2025-H1AdvancedAnnual report
「The objective is to further expand the business base for air transportation in China and maximize the Group's profits.」
The additional acquisition of shares in MSE China (Beijing) Co., Ltd. expanded the overseas business base for air transportation in China. - FY2024Decline in revenue from overseas regionsAnnual report
「Japan 199,490 Other regions 61,103 Total 260,593」
Revenue from other regions declined from ¥73,886 million in the previous fiscal year to ¥61,103 million, reducing the contribution of overseas business revenue. - FY2022Increase in revenue from overseas regionsAnnual report
「Japan 228,474 Other regions 72,547 Total 301,022」
Even after the sale of the Prime Cargo Group, revenue from other regions increased from ¥60,707 million in the previous fiscal year to ¥72,547 million, and the overseas business contributed to full-year performance. - FY2021SoftenedAnnual report
「During the current fiscal year, the following 6 companies were excluded from the scope of consolidation through share transfers: Prime Cargo A/S, Prime Cargo (H.K.) Ltd., Prime Cargo Shanghai Ltd., PC KH ApS, Prime Cargo Poland, and Prime Cargo USA Inc.」
The transfer of the 6 companies in the PC Group, which formed part of the overseas business base, was finalized in the annual results, reducing the scope of the overseas business. - FY2021-Q3SoftenedAnnual report
「In the logistics business segment, Prime Cargo A/S and 5 other companies were excluded from the scope of consolidation through share transfers during the third quarter of the current fiscal year.」
The 6 companies in the Prime Cargo Group that formed part of the overseas business base were transferred, reducing the scope of the overseas business. - FY2019AdvancedAnnual report
「Japan 181,644 Other regions 60,207 Total 241,852」
Revenue from other regions increased from ¥58,801 million in the previous fiscal year to ¥60,207 million, and the overseas business base continues to contribute to full-year performance. - FY2018RestatedAnnual report
「Geographical information Revenue Japan 174,441 Other regions 58,801 Total 233,243」
Revenue from other regions, including overseas operations, was ¥58,801 million, and the logistics base, including overseas operations, continues to contribute to the scale of the business. - FY2018-Q3AdvancedAnnual report
「Mitsui-Soko Vietnam Co.,Ltd. has been included in the scope of consolidation from the third quarter of the current fiscal year following its establishment. Key Logistics AB has been included in the scope of application of the equity method from the third quarter of the current fiscal year following the acquisition of its shares.」
The overseas business base is expanding through the establishment and consolidation of Mitsui-Soko Vietnam Co.,Ltd. and the acquisition of shares in Key Logistics AB and its inclusion under the equity method. - FY2017-Q3AdvancedAnnual report
「From the third quarter of the current fiscal year, the following company has been included in the scope of consolidation following its establishment: Prime Cargo USA Inc.」
The establishment and consolidation of Prime Cargo USA Inc. is presented as concrete progress in expanding the overseas business base. - FY2017-Q2AdvancedAnnual report
「Partly due to contributions from the 丸協運輸 Group and Prime Cargo Group, which became consolidated subsidiaries in the previous fiscal year, consolidated operating revenue for the logistics business as a whole increased by ¥1,417.4 million year on year to ¥107,439 million, while operating profit increased by ¥85.8 million to ¥1,644 million.」
The contribution of companies included in the consolidated results in the previous fiscal year, including the Prime Cargo Group, to higher revenue and profit in the logistics business demonstrates the performance impact of expanding the overseas business base. - FY2016First statedAnnual report
「The objective is to expand the business base in the Nordic region and further strengthen our presence in Europe.」
The expansion of sites in the Nordic region and Europe is cited as a reason for acquiring Prime Cargo and other businesses.