Expansion of the logistics business through the North American subsidiary
First written in FY2017-Q1. 9 of 30 entries say "Restated". Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「The Group decided to reorganize its logistics division. After reviewing the recoverability of right-of-use assets related to leased warehouses used in the business, the Group determined that part of their carrying amount was unrecoverable,」
The disclosure changed from describing expansion and recovery in the logistics business through the North American subsidiary to describing the reorganization of the logistics division and the unrecoverability of right-of-use assets. - 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.」
The factors driving changes in revenue in the logistics services business do not specifically mention expansion of the logistics business through the North American subsidiary and instead describe lower revenue from the domestic business and Chinese subsidiaries. - FY2025WorsenedAnnual report
「Net sales were ¥61,129 million, down 0.6% year on year, due mainly to lower order volumes at US subsidiary KIMURA, INC.」
Regarding the logistics business through the North American subsidiary, the disclosure changed from higher order volumes in the previous fiscal year to lower order volumes in the current fiscal year as a factor reducing consolidated net sales. - FY2024RestatedAnnual 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 North American subsidiary was not specifically mentioned in the previous quarter, higher order volumes at KIMURA, INC. are again cited for the full fiscal year as a factor supporting revenue growth in the logistics services business. - 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 factors supporting revenue growth in the logistics services business for the quarter do not specifically mention North American subsidiary KIMURA, INC. and instead cite the domestic business and the Chinese subsidiary. - FY2024-Q2RestatedAnnual report
「For the fiscal year, net sales were ¥29,303 million, up 3.5% year on year, due mainly to increased order volumes in the logistics services business, particularly at overseas subsidiaries.」
Higher order volumes in the logistics services business, particularly at overseas subsidiaries, continue to support growth in consolidated net sales. - FY2024-Q1RestatedAnnual report
「Net sales were ¥10,324 million, up 2.7% 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.」
Higher order volumes at the Chinese and North American subsidiaries continue to support revenue growth in the logistics services business. - FY2023RestatedAnnual 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.」
Higher order volumes at North American subsidiary KIMURA, INC. are also cited for the full fiscal year as a factor supporting revenue growth in the logistics services business. - FY2023-Q3Higher order volumes at the North American subsidiary mentioned againAnnual 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.」
Although the North American subsidiary had not been specifically mentioned recently, higher order volumes at the North American subsidiary are again cited as a factor supporting revenue growth in the logistics services business. - 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 for the quarter contains no specific reference to expansion of the logistics business through the North American subsidiary and focuses on the domestic storage equipment products business and the impact of China's lockdowns. - FY2022-Q2WorsenedAnnual report
「Net sales were ¥18,994 million, up 17.9% year on year. Although revenue declined due to lower orders in the pallet business at overseas subsidiary KIMURA, INC., and operations were suspended due to COVID-19 in Japan and overseas and shortages of automotive semiconductors, among other factors, higher orders from major customers in the packaging business and other factors supported revenue. Operating profit was ¥1,695 million, up 96.1% year on year. Although the storage equipment products business was affected by higher material costs and deteriorating profitability at overseas subsidiary KIMURA, INC., higher orders at overseas subsidiary 広州広汽木村進和倉庫有限公司 in the packaging business and other factors contributed to profit growth.」
The disclosure concerning the North American subsidiary changed from higher orders and performance improvement to lower revenue due to declining orders in the pallet business and 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.」
Although profitability at the North American subsidiary continued to deteriorate, operating profit in the logistics services business increased due mainly to performance improvements at the Chinese subsidiaries and other factors. - FY2021WorsenedAnnual report
「Net sales were ¥35,885 million, down 4.7% year on year, despite increased orders in the Kanto region in the domestic packaging business, due to the impact of COVID-19 in Japan and overseas. Operating profit was ¥3,045 million, down 1.6% year on year. Although performance improved 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, profitability deteriorated at North American subsidiary KIMURA, INC. and other factors affected results.」
For the North American subsidiary, the disclosure changed from performance improvement in the previous fiscal year to deterioration in profitability, which was explicitly identified as a factor reducing operating profit in the logistics services business. - 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.」
The description of North American subsidiary KIMURA, INC. has changed from performance improvement to deterioration in profitability. - FY2021-Q2Focus changed from business expansion at the North American subsidiary to continued performance improvementAnnual report
「Operating profit was ¥864 million, down 36.6% year on year. This reflected 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 and at overseas subsidiary KIMURA, INC. in the storage equipment products business, offset by deterioration in the profitability of the domestic packaging business and other factors.」
The description of North American subsidiary KIMURA, INC. now states that its performance continues to improve, rather than referring to business expansion or higher orders. - FY2020AdvancedAnnual report
「Against this backdrop, the Group actively pursued sales expansion in Japan and overseas, including by opening the Kitamoto facility in June in Japan and a new site at a US affiliate overseas.」
The disclosure states that new sites were opened at overseas affiliates, including in North America, indicating specific progress in expanding the overseas logistics business. - 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 for the quarter does not mention business expansion through North American subsidiary KIMURA, INC. and focuses on the domestic business and supplies logistics operations. - 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.」
Unlike the previous fiscal year, which described higher orders and warehouse expansion at the North American subsidiary, the current disclosure describes lower order volumes in the domestic and overseas storage equipment products businesses, indicating a deterioration in the expansion of the logistics business. - FY2019AdvancedAnnual report
「Overseas, the Company actively pursued sales expansion among major customers in Japan and overseas, including by expanding an existing warehouse in October and launching an automotive replacement-parts logistics business in November at North American subsidiary KIMURA, INC.」
The North American subsidiary expanded an existing warehouse and launched an automotive replacement-parts logistics business. The disclosure describes specific progress in business expansion in addition to the previous recovery in orders. - FY2019-Q3RestatedAnnual report
「In the logistics services business, net sales were ¥26,554 million, up 11.4% 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 ¥2,250 million, up 50.3% year on year, due mainly to higher net sales and a recovery in the performance of North American subsidiary KIMURA, INC.」
Higher order volumes and a recovery in performance at the North American subsidiary continue to be cited as factors supporting revenue and profit growth in the logistics services business. - FY2019-Q2AdvancedAnnual 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.」
In addition to higher order volumes at the North American subsidiary, its performance recovery was explicitly identified as a factor behind the increase in operating profit. Net sales in the logistics services business rose 10.8% year on year, while operating profit rose 44.1%. - FY2019-Q1AdvancedAnnual report
「In the logistics services business, net sales were ¥8,879 million, up 16.5% year on year, due mainly to increased order volumes from major customers in the domestic packaging and storage equipment products businesses and higher order volumes in the storage equipment products business of the North American subsidiary.」
The order delays at the North American subsidiary reported through the previous quarter have changed to an increase in order volumes in its storage equipment products business, which became a factor supporting revenue growth in the logistics services business. - FY2018-Q3RestatedAnnual report
「Although there were substantial order delays at North American subsidiary KIMURA, INC. in the storage equipment products business, net sales were ¥23,843 million, up 2.8% year on year, due mainly to a substantial increase in domestic order volumes and other factors.」
The situation continues in which the logistics business through the North American subsidiary is experiencing substantial order delays rather than expansion. - FY2018-Q2Description changed from business expansion through the North American subsidiary to order delays and lower salesAnnual report
「Although there were substantial order delays at North American subsidiary KIMURA, INC. in the storage equipment products business,」
The previous description of logistics business expansion through the North American subsidiary has changed to a description of substantial order delays at the North American subsidiary. - FY2018-Q1DroppedAnnual report
「In the logistics services business, although orders recovered in the domestic storage equipment products business, net sales were ¥7,622 million, down 1.2% year on year, due mainly to a decline in order volumes from major customers in the packaging business.」
The explanation of the logistics services business for the quarter does not mention North American subsidiary KIMURA, INC., and does not refer to expansion of the logistics business through the North American subsidiary. - FY2017-Q3RestatedAnnual report
「Against this backdrop, although the expansion of logistics operations at North American subsidiary KIMURA, INC. was a factor supporting revenue growth, net sales were affected by lower orders in the domestic storage equipment products business, a decline in automobile sales due to sluggish personal consumption and the impact of manufacturers' fuel-economy reporting scandals, the Kumamoto earthquake and other factors, as well as the negative impact of the stronger yen on translation into yen. Net sales were ¥34,730 million, down 3.1% year on year.」
The Company continues to cite the expansion of logistics operations at its North American subsidiary as a factor supporting revenue growth, but Group-wide net sales declined. - FY2017-Q2RestatedAnnual report
「Against this backdrop, although the expansion of logistics operations at North American subsidiary KIMURA, INC. was a factor supporting revenue growth, net sales were affected by lower orders in the domestic storage equipment products business, a decline in automobile sales due to sluggish personal consumption and the impact of manufacturers' fuel-economy reporting scandals, the Kumamoto earthquake and other factors, as well as the negative impact of the stronger yen on translation into yen. Net sales were ¥23,104 million, down 0.9% year on year.」
The Company continues to cite the expansion of logistics operations at its North American subsidiary as a factor supporting revenue growth, although the Group as a whole was affected by domestic revenue-reducing factors and others. - FY2017-Q1First statedAnnual report
「Although revenue was adversely affected by lower orders in the domestic storage equipment products business and the Kumamoto earthquake, revenue increased through higher revenue from logistics operations at North American subsidiary KIMURA, INC. and higher revenue from the automotive services business, among other factors. Net sales were ¥11,555 million, up 0.7% year on year.」
The logistics operations of the North American subsidiary are recorded as the execution platform for the overseas business supporting group sales.