Risk of Recovering Upfront Capital Investment and Realizing Investment Benefits
First written in FY2020. 6 of 14 entries say "Restated". Latest entry: 2026-10-15.
Kantsu Hd moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
6 other companies' latest entry also says "Materialised".
- FY2025ReframedAnnual report
「When undertaking customers’ logistics operations, the Group may make upfront capital investments in logistics centers, equipment and information systems, including the initial investments required when opening a center for a new customer.」
The Company organizes the risk of failing to recover upfront capital expenditures as a comprehensive risk covering logistics centers, equipment and information systems, as well as the possibility of failing to achieve the expected investment returns and impairment losses. - FY2025-Q1MaterialisedAnnual report
「Segment profit was ¥15.461 million, down 27.1% year on year, mainly due to the prolonged period of vacant space at the newly established logistics center.」
The prolonged period of vacant space at the new logistics center continues to cause the risk relating to the utilization and investment returns of upfront capital expenditures to appear as a decline in segment profit for the quarter. - FY2024MaterialisedAnnual report
「In addition, gross profit margin declined as a result of higher rental expenses, mainly for the Tokyo Central Center, which increased by ¥735.146 million year on year.」
The risk associated with upfront investments in logistics facilities and fixed-cost burdens appeared in full-year results as higher rental expenses, mainly for the Tokyo Central Center, and a lower gross profit margin. - FY2024-Q3MaterialisedAnnual report
「In addition, gross profit margin declined as a result of higher rental expenses, mainly for the Tokyo Central Center, amounting to ¥800 million annually.」
The risks associated with upfront investments in logistics facilities and fixed-cost burdens have appeared in the Company’s results as annual rental expenses of ¥800 million, mainly for the Tokyo Central Center, and lower profitability in the logistics services business. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes in the risk relating to the recovery of upfront capital expenditures and investment returns. - FY2024-Q1MaterialisedAnnual report
「Segment profit was ¥21.2 million, down 78.7% year on year, mainly due to the prolonged period of vacant space at the newly established logistics center.」
The prolonged period of vacant space at the new logistics center has caused the risk relating to the utilization and investment returns of upfront capital expenditures to appear in the Company’s results. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes in the risk relating to the recovery of upfront capital expenditures and investment returns. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes in the risk relating to the recovery of upfront capital expenditures and investment returns. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there were no material changes in the risk relating to the recovery of upfront capital expenditures and investment returns. - FY2022-Q3RestatedAnnual report
「In addition, there were no material changes in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there were no material changes in the risk relating to the recovery of upfront capital expenditures and investment returns. - FY2021RestatedAnnual report
「Even if the funds are applied as planned, if the planned cargo volumes or transaction volumes cannot be achieved and the expected benefits from investments in equipment are not realized, the Company may fail to generate the anticipated benefits, which could affect its business performance and financial condition.」
The Company reiterates the risk that upfront investments in logistics facilities, equipment and systems may fail to generate the expected returns if cargo volumes or transaction volumes fall below plan. - FY2020First statedAnnual report
「If customers’ business performance deteriorates or they suspend payments, the Company may experience difficulty recovering its invested funds, which could reduce future growth and profitability.」
The Company explains the risk of failing to recover upfront investments in logistics centers, equipment and information systems if customer demand or cargo volumes fall below expectations.