Transfer of the Higashi-Osaka Main Center in Connection with Logistics Center Reorganization and Asset Efficiency Improvement
First written in FY2023-Q3. 5 of 6 entries say "Advanced", first in FY2024. Latest entry: 2026-10-15.
4 other companies' latest entry also says "Advanced".
- 2026-10-15AdvancedEarnings presentation
「We will recover fixed costs through sublease operations at the Higashi-Osaka site. We will consolidate our existing Kansai sites into core centers and accelerate the elimination of vacant-space costs.」
The company has made sublease operations at the Higashi-Osaka site and consolidation of existing Kansai sites concrete as measures to address vacant-space and fixed-cost burdens. - FY2027-H1AdvancedAnnual report
「In the Estate Leasing business, the core subleasing business remained solid, and both revenue and segment profit remained stable. As a result, revenue from the Estate Leasing business for the current interim consolidated accounting period was ¥549,362 thousand, up 8.1% year on year, and segment profit was ¥140,994 thousand, up 28.1% year on year.」
The Company operates its logistics real estate and subleasing business as a separate Estate Leasing segment, demonstrating growth in revenue and profit. - 2026-07-14AdvancedEarnings presentation
「The Higashi-Osaka E-Commerce Center will be converted to a sublease model. Customers will be transferred to other centers in the Kansai region to address vacant capacity and improve logistics efficiency. Beginning in June, the former center will be subleased to customers to establish a profit structure.」
The company has provided specific details on the reorganization of logistics centers in the Higashi-Osaka area, including customer transfers, measures to address vacant capacity and monetization through subleasing. - FY2026AdvancedAnnual report
「To reorganize the Higashi-Osaka area, where the Group has established a dominant logistics center presence, the Company is transferring some warehouses to a subleasing business model.」
The reorganization of logistics centers in the Higashi-Osaka area has progressed to the stage of transferring some warehouses to subleasing and recording a provision for warehouse relocation losses of ¥18,492 thousand. - FY2024AdvancedAnnual report
「Opened the Higashi-Osaka Main Logistics Center, which was closed in December 2023 following the reorganization of the logistics centers」
The Company disclosed in its corporate history that the Higashi-Osaka Main Logistics Center was closed in December 2023 as part of the logistics center reorganization. Following the reorganization, it also provides subleasing of surplus warehouses. - FY2023-Q3First statedAnnual report
「In light of the possibility of reorganizing its logistics centers in the future, the Company reviewed its assets to promote their efficient use and decided to transfer the following asset, the Higashi-Osaka Main Logistics Center. Gain on transfer: ¥1,067 million, scheduled to be recorded as extraordinary income. Scheduled handover date of transferred asset: 13 February 2023」
The Company decided to transfer the land and buildings of the Higashi-Osaka Main Logistics Center, disclosing a scheduled handover date of 13 February 2023 and an expected gain on transfer of approximately ¥1,067 million. This was the first indication of efficient use of owned assets in light of the possibility of reorganizing its logistics centers.