Closure of a Warehouse Facility and Decrease in the Value of Stored Machine Tools
First written in FY2017-Q2. 6 of 29 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Revenue and segment profit both increased due to higher handling of power conversion equipment.」
In the warehousing business, increased handling of power-conversion equipment resulted in higher revenue and profit, with revenue of ¥3,101 million and segment profit of ¥504 million. - FY2026-H1AdvancedAnnual report
「Revenue and segment profit both increased as the newly opened Fuchu warehouse began operating and progress was made in filling space vacated by customers consolidating their warehouses.」
Increased occupancy of space vacated after customers consolidated their warehouses, together with the start of operations at the newly established Fuchu warehouse, lifted revenue and segment profit in the warehousing business. - FY2025AdvancedAnnual report
「Although storage of semiconductor manufacturing equipment awaiting shipment, which had increased in the previous year, declined and delays continued in placing customers in vacant warehouse space created by customer warehouse consolidation, revenue increased as the newly opened Fuchu warehouse became operational.」
In the warehousing business, the newly established Fuchu warehouse was opened and began operating, increasing revenue, despite the continuing issues of vacant space and storage of products awaiting shipment. Segment profit declined due to opening costs. - FY2025-H1Lower storage of products awaiting shipment and delays in filling vacant space reduce warehousing revenue and profitAnnual report
「Revenue and segment profit both declined due to lower storage of semiconductor manufacturing equipment and machine tools awaiting shipment, which had increased in the previous year, as well as delays in placing customers in vacant warehouse space created by customer warehouse consolidation.」
The warehousing business reported revenue of ¥1,312 million and segment profit of ¥227 million, with both declining year on year due to lower storage of products awaiting shipment and delays in filling vacant space. - FY2024-Q2AdvancedAnnual report
「Although exports of semiconductor manufacturing equipment and machine tools were trending lower, storage of products awaiting shipment increased, resulting in higher revenue and segment profit. As a result, the segment reported revenue of ¥1,375 million, up 14.3% year on year, and segment profit of ¥306 million, up 12.8%.」
The increase in storage of products awaiting shipment as exports declined created demand for warehousing, resulting in higher revenue and profit. Revenue increased 14.3% year on year, and segment profit increased 12.8%. - FY2024-Q1Increased parts storage drives higher handling of semiconductor manufacturing equipmentAnnual report
「Although exports were trending lower, increased storage of parts and other items led to higher handling of semiconductor manufacturing equipment, increasing both revenue and segment profit.」
In the warehousing business, unlike the previous trend of third-party warehouse cancellations, increased storage of parts and other items led to higher handling of semiconductor manufacturing equipment and higher revenue and profit. - FY2023-Q3AdvancedAnnual report
「New third-party leased warehouses were contracted at the Narita facility in June and the Hachioji facility in October. Together with increased handling of semiconductor manufacturing equipment, this lifted both revenue and segment profit. As a result, the segment reported revenue of ¥1,852 million, up 4.2% year on year, and segment profit of ¥447 million, up 11.2%.」
Despite the lingering impact of third-party warehouse cancellations following customer exits, new third-party leased warehouses were contracted in Narita and Hachioji, resulting in higher revenue and profit in the warehousing business. - FY2023-Q2New contracts offset third-party warehouse cancellations, driving revenue and profit growth in warehousingAnnual report
「Although the cancellation of third-party leased warehouses following customer exits had an impact, strong handling of semiconductor manufacturing equipment led to new third-party leased warehouse contracts, increasing both revenue and segment profit. As a result, the segment reported revenue of ¥1,203 million, up 0.9% year on year, and segment profit of ¥271 million, up 4.3%.」
Despite the continuing impact of third-party leased warehouse cancellations following customer exits, new third-party leased warehouse contracts lifted warehousing revenue to ¥1,203 million and segment profit to ¥271 million, resulting in year-on-year revenue and profit growth. - FY2023-Q1Continued third-party warehouse cancellations, but warehouse profit rises on cost reallocationAnnual report
「Revenue declined due to the cancellation of third-party leased warehouses following customer exits, despite strong handling of semiconductor manufacturing equipment. Segment profit increased because the cost of sales declined after rent for third-party warehouses was reallocated to each segment based on its usage. As a result, the segment reported revenue of ¥588 million, down 1.5% year on year, and segment profit of ¥134 million, up 5.7%.」
Revenue in the warehousing business declined due to the cancellation of third-party leased warehouses following customer exits, but segment profit increased as the reallocation of rent among segments reduced the cost of sales. - FY2022Cancellation of third-party warehouses following customer exits reduces warehousing revenue and profitAnnual report
「Although handling of semiconductor manufacturing equipment remained strong amid a surge in global semiconductor demand, revenue and segment profit both declined due to the cancellation of externally leased warehouses following customer withdrawals.」
Despite strong handling of semiconductor manufacturing equipment, cancellations of third-party leased warehouses following customer exits became a factor in lower revenue and profit in the warehousing business. - FY2022-Q2AdvancedAnnual report
「Revenue and segment profit both increased as handling of semiconductor manufacturing equipment remained firm. As a result, the segment reported revenue of ¥1,192 million, up 3.0% year on year, and segment profit of ¥260 million, up 2.4%.」
In the warehousing business, firm handling volumes of semiconductor manufacturing equipment lifted revenue and segment profit above the previous year’s level. - FY2022-Q1Higher volumes of small precision equipment drive revenue growth, but repairs reduce profitAnnual report
「Revenue increased as handling of semiconductor manufacturing equipment and small precision equipment remained firm. Segment profit declined because repair expenses increased at company-owned warehouses.」
In the warehousing business, revenue increased as handling of semiconductor manufacturing equipment and small precision equipment remained firm, while higher repair expenses at company-owned warehouses reduced segment profit. - FY2021-Q3RestatedAnnual report
「Revenue and segment profit both increased, reflecting higher handling volumes of small precision equipment in third-party leased warehouses, among other factors.」
In the warehousing business, higher handling volumes of small precision equipment in third-party leased warehouses, among other factors, have continued to drive revenue and profit growth. - FY2021-Q2RestatedAnnual report
「Revenue and segment profit both increased due to higher handling volumes of small precision equipment in third-party warehouses. As a result, the segment reported revenue of ¥1,157 million, up 11.2% year on year, and segment profit of ¥254 million, up 14.9%.」
In the warehousing business, handling of small precision equipment in third-party warehouses increased for a second consecutive quarter, resulting in higher revenue and profit. - FY2021-Q1Higher volumes of small precision equipment in third-party warehouses drive revenue and profit growthAnnual report
「Revenue and segment profit both increased due to higher handling volumes of small precision equipment in third-party warehouses. As a result, the segment reported revenue of ¥572 million, up 10.7% year on year, and segment profit of ¥129 million, up 23.1%.」
In the warehousing business, increased handling of small precision equipment in third-party warehouses lifted revenue and segment profit above the previous year’s level. - FY2020Higher automation-equipment fees continue to drive revenue and profit growth in warehousingAnnual report
「Revenue and segment profit increased, mainly due to higher equipment-use-fee revenue from the automated robot-controlled picking system introduced in the previous fiscal year. As a result, the segment reported revenue of ¥2,112 million, up 7.4% year on year, and segment profit of ¥460 million, up 47.5%.」
The automated robot-controlled picking system introduced in the previous fiscal year drove full-year revenue and profit growth in the warehousing business through higher equipment-use-fee revenue. - FY2020-Q3Higher automation-equipment fees continue to drive revenue and profit growth in warehousingAnnual report
「Revenue and segment profit increased, mainly due to higher equipment-use-fee revenue from the automated robot-controlled picking system introduced in the previous fiscal year. As a result, the segment reported revenue of ¥1,577 million, up 8.8% year on year, and segment profit of ¥349 million, up 44.6%.」
In the warehousing business, revenue was ¥1,577 million and segment profit was ¥349 million, with both increasing year on year, mainly due to higher equipment-use-fee revenue from the automated robot-controlled picking system. - FY2020-Q2Higher automation-equipment fees drive revenue and profit growth in warehousingAnnual report
「Revenue and segment profit both increased, mainly due to higher equipment-use-fee revenue from the automated robot-controlled picking system introduced in the previous fiscal year. As a result, the segment reported revenue of ¥1,040 million, up 10.0% year on year, and segment profit of ¥221 million, up 39.8%.」
In the warehousing business, revenue and segment profit increased, mainly due to higher equipment-use-fee revenue from the automated robot-controlled picking system. - FY2020-Q1Higher automation-equipment fees and utilization drive revenue and profit growthAnnual report
「Revenue increased due to higher income from equipment usage fees for the automated robot-controlled picking system introduced in the previous fiscal year and improved warehouse utilization. Segment profit also increased due to improved warehouse utilization.」
In the warehousing business, which had reported project delays and upfront automation costs in the previous fiscal year, revenue from equipment-use fees for the automated robot-controlled picking system and warehouse utilization increased, resulting in higher revenue and profit. - FY2019-Q3New projects and semiconductor equipment increase, but upfront automation costs reduce profitAnnual report
「Revenue increased as new projects delayed in the previous fiscal year progressed steadily in the current fiscal year and handling of semiconductor manufacturing equipment increased. In terms of profit, segment profit declined due to upfront costs incurred for introducing an automated robot-controlled picking system.」
In the warehousing business, revenue increased due to progress on new projects delayed in the previous fiscal year and increased handling of semiconductor manufacturing equipment, while segment profit declined 3.7% year on year due to upfront costs for introducing an automated robot-controlled picking system. - FY2019-Q2Progress on delayed projects and upfront automation costsAnnual report
「Although revenue increased as new projects that had been delayed in the previous fiscal year progressed steadily during the current fiscal year, segment profit decreased due to upfront costs incurred in introducing an automated robot-controlled picking system.」
New warehouse projects whose schedules had been delayed in the previous fiscal year progressed in the current fiscal year and contributed to revenue, while upfront costs for introducing an automated robot-controlled picking system reduced segment profit. - FY2019-Q1Full occupancy of vacant space improves warehouse earningsAnnual report
「Although contracts had been secured for 2,100 tsubo of the 5,000 tsubo of asset-light warehouses outlined in the medium-term management plan, some space had remained vacant in the previous fiscal year. In the first quarter of the current fiscal year, that space became fully occupied, which we believe contributed to improved earnings.」
Vacant space at non-asset-based warehouses that existed in the previous fiscal year became fully occupied, improving earnings in the warehousing business. - FY2018Progress on non-asset-based warehouse contracts has yet to contribute to profitAnnual report
「Of the 5,000 tsubo of asset-light warehouses outlined in the medium-term management plan, contracts were secured for 2,100 tsubo. However, vacant space also emerged, and we believe this made no contribution to profit.」
In the warehousing business, contracts were signed for 2,100 tsubo of the 5,000 tsubo of non-asset-based warehouses planned under the medium-term plan, but the resulting vacant space made no contribution to profit. - FY2018-Q3Warehouse profit declines on delays in new projectsAnnual report
「Revenue was broadly unchanged from the previous year, as the contribution from new international air-freight projects offset the disappearance of spot revenue recorded in the previous fiscal year and a decline in medical-equipment handling. In terms of profit, warehouse utilization declined because some new projects were delayed, resulting in lower segment profit.」
In the warehousing business, new international air-freight projects contributed to revenue, but delays in some of those projects reduced warehouse utilization and segment profit. - FY2018-Q2RestatedAnnual report
「The launch of new international air-freight handling projects contributed to revenue, but the disappearance of spot revenue recorded in the previous fiscal year resulted in slight declines in both revenue and segment profit.」
In the warehousing business, new international air-freight projects contributed, while the reversal of the previous fiscal year’s spot revenue resulted in slight declines in revenue and segment profit. - FY2018-Q1New projects contribute, but spot-revenue reversal causes slight declineAnnual report
「The launch of new international air-freight handling projects contributed to revenue, but the disappearance of spot revenue recorded in the previous fiscal year resulted in slight declines in both revenue and segment profit.」
In the warehousing business, new international air-freight projects contributed to revenue, while the reversal of the previous fiscal year’s spot revenue resulted in slight declines in revenue and segment profit. - FY2017Warehouse profit rises on absence of closure-related costsAnnual report
「Revenue declined due to the decrease in the value of machine tools in storage, but segment profit increased because restoration costs associated with facility closures were incurred in March of the previous fiscal year.」
The value of machine tools in storage continued to decline, but warehouse segment profit increased in the current fiscal year due to the absence of restoration costs related to facility closures incurred in the previous year. - FY2017-Q3RestatedAnnual report
「Both net sales and segment profit declined due to lower storage revenue for machine tools and the impact of closing a site in April of the fiscal year under review.」
The decline in the value of machine tools in storage and the closure of facilities continue to reduce revenue and segment profit in the warehousing business. - FY2017-Q2First statedAnnual report
「③ Warehouse operations: both net sales and segment profit declined due to lower storage revenue for machine tools and the impact of closing a site in April of the fiscal year under review.」
The company disclosed for the first time in specific terms that lower machine-tool storage revenue and the closure of a site in April of the fiscal year under review were factors behind the declines in net sales and segment profit in the warehouse operations.