Risks Related to the Continuation of Leases for Logistics Hubs and Higher Rents
First written in FY2020. 9 of 14 entries say "Restated". Latest entry: 2026-10-15.
Kantsu Hd moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「In addition to the adjustment process for labor costs following a sharp decline in handling volumes from some existing customers, rent increases associated with future growth became apparent. As a result, although net sales exceeded the year-earlier period, they fell substantially short of plan, while lower warehouse utilization, reflected in an increase in vacant space, and the burden of fixed costs such as labor costs had a significant impact and became major factors in the deterioration of earnings.」
Rent increases, an increase in vacant space and the burden of fixed costs such as labor costs have materialized as an actual deterioration in the logistics business's earnings. - FY2025RestatedAnnual report
「The Group leases many logistics centers to provide logistics services. It owns few logistics facilities and depends on leases from external parties for most of its facilities.」
The Company continues to disclose its dependence on externally leased logistics facilities and the risks of early termination, refusal to renew leases and rising rent. - FY2025-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 have been no material changes regarding the risks of continuing leases for rented logistics facilities and rising rent. - 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 of rising rent and fixed-cost burdens at rented logistics facilities has materialized as an actual decline in profit margins, mainly through increased rent at the Tokyo Main Center. - FY2024-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 have been no material changes regarding the risks of continuing leases for rented logistics facilities and rising rent. - 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 have been no material changes regarding the risks of continuing leases for rented logistics facilities and rising rent. - 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 have been no material changes regarding the risks of continuing leases for rented logistics facilities and rising rent. - 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 have been no material changes regarding the risks of continuing leases for rented logistics facilities and rising rent. - 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 have been no material changes regarding the risks of continuing leases for rented logistics facilities and rising rent. - 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 have been no material changes regarding the risks of continuing leases for rented logistics facilities and rising rent. - FY2021RestatedAnnual report
「The lessor may terminate the lease before its expiration at its discretion.」
The Company continues to disclose the risk to the continuity of rented logistics facilities arising from early termination, inability to renew leases and rising rent. - FY2020First statedAnnual report
「The lessor may terminate the lease before its expiration at its discretion.」
The disclosure identifies the possibility that early termination, inability to renew leases or rising rent could affect the securing of alternative facilities and the continuation of customer contracts.