Order delays at North American subsidiary KIMURA, INC.
First written in FY2018-Q2. 8 of 23 entries say "Mitigated", first in FY2019-Q1. Latest entry: FY2026-H1.
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- FY2026-H1DroppedAnnual report
「Net sales were ¥21,249 million, down 0.7% year on year, due mainly to lower revenue at the domestic storage equipment business and at Chinese subsidiaries 広州広汽木村進和倉庫有限公司 and 天津木村進和物流有限公司, despite increased orders from major customers in the domestic packaging business.」
There is no specific reference to order delays or order shortfalls at North American subsidiary KIMURA, INC.; the interim consolidated accounting period reports lower revenue in the domestic business and at the Chinese subsidiary. - FY2025WorsenedAnnual report
「Due in part to lower orders in the pallet division at U.S. subsidiary KIMURA, INC.」
The previous reports of reduced risk due to increased orders and a recovery in performance have changed to a report that lower orders in the pallet division of the North American subsidiary were a factor behind lower revenue in the logistics services business. - FY2024MitigatedAnnual report
「In the logistics services business, net sales were ¥43,571 million, up 3.1% year on year, due mainly to increased order volumes in the domestic packaging business, at Chinese subsidiary 広州広汽木村進和倉庫有限公司 and at North American subsidiary KIMURA, INC.」
Although the previous quarter contained no specific reference to the North American subsidiary, the full-year disclosure reports increased orders at the subsidiary, indicating that the impact of the previous order delays and order shortfalls has been reduced. - FY2024-Q3DroppedAnnual report
「Net sales were ¥32,054 million, up 1.2% year on year, due mainly to increased order volumes in the domestic logistics services business and at Chinese subsidiary 広州広汽木村進和倉庫有限公司.」
The explanation of the logistics services business this quarter contains no specific reference to order delays or order shortfalls at North American subsidiary KIMURA, INC. and reports increased orders in the domestic business and at the Chinese subsidiary. - FY2024-Q2RestatedAnnual report
「Net sales amounted to ¥20,575 million, up 1.9% year on year, due in part to increased orders at Chinese subsidiary Guangzhou GAC Kimura Shinwa Warehousing Co., Ltd. and North American subsidiary KIMURA, INC.」
For the North American subsidiary, increased orders, rather than the previous order delays and order shortfalls, continue to be cited as a factor behind higher revenue in the logistics services business. - FY2023MitigatedAnnual report
「Net sales were ¥42,264 million, up 3.2% year on year, due mainly to increased order volumes in the domestic logistics services business, at Chinese subsidiary 広州広汽木村進和倉庫有限公司 and at North American subsidiary KIMURA, INC.」
For the North American subsidiary, increased orders, rather than the previous order delays and order shortfalls, are cited as a factor behind full-year sales growth, and the reduced impact of the order-delay risk continues. - FY2023-Q3MitigatedAnnual report
「Net sales were ¥31,660 million, up 6.3% year on year, due mainly to increased order volumes in the domestic logistics services business, at Chinese subsidiary 広州広汽木村進和倉庫有限公司 and at North American subsidiary KIMURA, INC.」
In contrast to the previously reported order delays and order shortfalls at the North American subsidiary, this time increased orders at the subsidiary and higher revenue in the logistics services business have been reported, indicating that the impact of the risk has been reduced. - FY2023-Q1DroppedAnnual report
「① Logistics Services Business Net sales were ¥10,053 million, up 4.8% year on year, due mainly to increased order volumes in the domestic storage equipment products business, despite lower order volumes from major customers in the packaging business.」
The explanation of the logistics services business this quarter contains no specific reference to order delays at North American subsidiary KIMURA, INC. and focuses on the domestic business and the impact of China's lockdowns. - FY2022-Q2WorsenedAnnual report
「Operating profit in the storage equipment products business was affected by higher material costs and deteriorating profitability at overseas subsidiary KIMURA, INC., among other factors, although」
For North American subsidiary KIMURA, INC., the reports have changed from improved performance to deteriorating profitability. - FY2022-Q1RestatedAnnual report
「Operating profit was ¥959 million, up 678.6% year on year. Although profitability deteriorated at North American subsidiary KIMURA, INC. in the storage equipment products business, performance improvements at Chinese subsidiaries 天津木村進和物流有限公司 and 広州広汽木村進和倉庫有限公司 in the packaging business and other factors contributed to the increase.」
For the North American subsidiary, deterioration in profitability, rather than increased orders or improved performance, continues to be reported. - FY2021WorsenedAnnual report
「A significant shortfall in orders at North American overseas subsidiary KIMURA, INC. due to the spread of COVID-19.」
For the North American subsidiary, the previous reports of increased orders and improved performance have changed to a report that a significant order shortfall was the main cause of the full-year decline in sales. - FY2021-Q3WorsenedAnnual report
「Operating profit was ¥2,113 million, down 8.7% year on year, due mainly to deterioration in the profitability of overseas subsidiary KIMURA, INC., despite performance improvements at overseas subsidiaries 天津木村進和物流有限公司 and 広州広汽木村進和倉庫有限公司 in the packaging business.」
For North American subsidiary KIMURA, INC., the previous reports of increased orders and improved performance have changed to reports of deteriorating profitability as a factor behind lower profit in the logistics services business. - FY2021-Q2MitigatedAnnual report
「In the storage equipment products business, performance at overseas subsidiary KIMURA, INC. improved, but operating profit was ¥864 million, down 36.6% year on year, due in part to deterioration in the profitability of the domestic packaging business.」
For North American subsidiary KIMURA, INC., improved performance, rather than order delays, continues to be reported, indicating that the impact of the previous order-delay risk has been reduced. - FY2021-Q1RestatedAnnual report
「Operating profit in the storage equipment products business was ¥123 million, down 82.0% year on year. Although performance at North American subsidiary KIMURA, INC. improved, this was offset by deterioration in the profitability of the packaging business and other factors.」
Although improved performance at the North American subsidiary continues to be reported, operating profit for the logistics services business as a whole declined substantially due to deterioration in the profitability of the packaging business. - FY2020MitigatedAnnual report
「Operating income was ¥3,095 million, up 6.8% year on year, owing to the effect of higher revenue in the logistics services business and the recovery in performance at the North American subsidiary KIMURA, INC.」
A recovery in performance, rather than order delays and lower sales at the North American subsidiary, is cited as a factor behind full-year profit growth, indicating that the impact of the previous risk has been reduced. - FY2020-Q2DroppedAnnual report
「In the logistics services business, although order volumes from major customers in the domestic storage equipment products business declined, net sales were ¥18,092 million, up 5.3% year on year, due mainly to increased order volumes in the Kanto region in the packaging business and higher order volumes for the supplies logistics operations launched in the previous fiscal year.」
The explanation of the logistics services business this quarter contains no specific reference to order delays at North American subsidiary KIMURA, INC. and focuses on the domestic business and logistics operations for supplies. - FY2020-Q1WorsenedAnnual report
「In the logistics services business, although order volumes in the storage equipment products business declined both domestically and overseas, net sales were ¥9,224 million, up 3.9% year on year, due mainly to an increase in order volumes from major customers in the packaging business. Operating profit was ¥686 million, down 6.7% year on year.」
The order-related risk, which had been reduced in the previous period through increased orders and a recovery in performance at the North American subsidiary, has worsened this quarter. Although the subsidiary is not identified by name, lower orders in the storage equipment products business in Japan and overseas have been reported. - FY2019MitigatedAnnual report
「At North American subsidiary KIMURA, INC., the company actively pursued sales expansion with major customers in Japan and overseas, including the expansion of an existing warehouse in October and the launch of a logistics business for automotive replacement parts in November.」
For the North American subsidiary, which had previously been associated with order delays and lower sales, warehouse expansion, the launch of a new logistics business and a recovery in performance have been reported, and the reduced impact of the risk continues. - FY2019-Q3RestatedAnnual report
「In the storage equipment products business, net sales amounted to ¥26,554 million, up 11.4% year on year, due in part to increased orders at North American subsidiary KIMURA, INC. Operating profit was ¥2,250 million, up 50.3% year on year, due in part to higher sales and a recovery in performance at North American subsidiary KIMURA, INC.」
Reports of increased orders and a recovery in performance, rather than order delays at the North American subsidiary, continue to be reported. - FY2019-Q2MitigatedAnnual report
「In the logistics services business, net sales were ¥17,182 million, up 10.8% year on year, due mainly to increased order volumes from major customers in the domestic packaging and storage equipment products businesses, the opening of new sites and higher order volumes in the storage equipment products business of North American subsidiary KIMURA, INC. Operating profit was ¥1,263 million, up 44.1% year on year, due mainly to higher net sales and a recovery in the performance of North American subsidiary KIMURA, INC.」
The previous reports of order delays and lower sales at the North American subsidiary have been replaced by an explicit report of increased orders and a recovery in performance, indicating that the impact of this risk has been further reduced. - FY2019-Q1MitigatedAnnual report
「Net sales amounted to ¥8,879 million, up 16.5% year on year, due in part to increased orders at the storage equipment products business of the North American subsidiary.」
The previous reports of significant order delays at the North American subsidiary have been replaced by reports of increased orders and higher revenue in the logistics services business. - FY2018-Q3RestatedAnnual report
「In the storage equipment products business, there were significant order delays at North American subsidiary KIMURA, INC., but net sales amounted to ¥23,843 million, up 2.8% year on year, due in part to a significant increase in domestic orders. Operating profit was ¥1,497 million, down 6.6% year on year, due in part to deterioration resulting from lower sales at North American subsidiary KIMURA, INC.」
The significant order delays at the North American subsidiary and the deterioration in operating profit resulting from lower sales continue to be reported. - FY2018-Q2First statedAnnual report
「Although there were substantial order delays at North American subsidiary KIMURA, INC. in the storage equipment products business,」
It is stated that a significant order delay actually occurred at the North American subsidiary.