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Azuma Shipping (9380) · InitiativeAdvancedLatest Earnings (2026-08-12): "Restated"

Appropriate Maintenance and Effective Utilization of Owned Assets

First written in FY2017-Q2. 16 of 30 entries say "Restated". Latest entry: 2026-08-12.

30entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2020-Q2AdvancedFY2023-Q3 – FY20242016: 12017: 420172018: 320182019: 420192020: 320202021: 320212022: 320222023: 120232024: 220242025: 220252026: 42026
Same theme, other companies
Monetization through the rental use of owned real estateA theme 30 companies write about · 0 as a headwind · 30 as a tailwind

The whole theme swung hardest in 2022: 2 of 19 companies on the "Worse" side.

7 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-12RestatedEarnings

    「In the real estate business, we are working to collect appropriate rents and properly maintain and manage our owned assets.」

    The company continues to collect appropriate rents and maintain and manage its owned assets properly.
  2. FY2026AdvancedAnnual report

    「As a result, operating revenue from the real estate business was ¥777 million, an increase of ¥195 million, or 33.6%, from the previous consolidated fiscal year, while segment profit was ¥632 million, an increase of ¥161 million, or 34.2%.」

    The maintenance of owned assets and new lease agreements resulted in increases of more than 30% in both operating revenue and segment profit in the real estate business.
  3. FY2026-H1AdvancedAnnual report

    「In the real estate business, we have entered into new lease agreements for owned assets, namely land, and begun initiatives to generate synergies with the logistics business.」

    The company entered into a new lease agreement covering owned land and began specific initiatives to generate synergies with the logistics business.
  4. FY2025AdvancedAnnual report

    「During the consolidated fiscal year, we made capital investments totaling ¥5,573 million across the group, primarily in the logistics business, including investments in tangible and intangible fixed assets. The logistics business made capital investments totaling ¥4,407 million, mainly for construction of the Yokohama Port Distribution Center. In addition, following the sale of the Sapporo Distribution Center, we recorded a gain on sale of property, plant and equipment of ¥80 million.」

    Regarding the effective utilization and rationalization of owned assets, the company invested ¥5,573 million, mainly in logistics facilities, while selling the Sapporo Distribution Center.
  5. FY2025-H1Sale of property, plant and equipment and decline in rental incomeAnnual report

    「In addition, to make effective use of management resources and improve capital efficiency, we worked on selling fixed assets, strengthening the organisational structure in connection with the reorganisation of consolidated subsidiaries, and improving operational efficiency through the use of ICT.」

    In addition to maintaining owned assets, the company is promoting the effective utilization of assets through the sale of property, plant and equipment. Proceeds from the sale were ¥429.881 million, and the gain on sale was ¥89.365 million.
  6. FY2024AdvancedAnnual report

    「Following the sale of the Osaka Nanko land, we recorded a gain on sale of property, plant and equipment of ¥532 million.」

    Regarding the effective utilization and rationalization of owned assets, the company sold the Osaka Nanko land and recorded a ¥532 million gain on sale of property, plant and equipment.
  7. FY2023-Q3AdvancedAnnual report

    「In the real estate business, we appropriately maintained our owned assets. As a result, operating revenue from the real estate business was ¥494 million, approximately the same as in the same quarter of the previous year, while segment profit was ¥428 million, an increase of ¥4 million, or 1.1%.」

    The company continued appropriate maintenance of owned assets, and segment profit in the real estate business increased 1.1% year on year.
  8. FY2023-Q1RestatedAnnual report

    「In the real estate business, the Group appropriately maintained and managed its assets.」

    The Group continues to appropriately maintain and manage its assets.
  9. FY2022RestatedAnnual report

    「In the real estate business, the Group appropriately maintained and managed its assets.」

    The Group continues to appropriately maintain and manage its assets.
  10. FY2022-Q3RestatedAnnual report

    「In the real estate business, the Group appropriately maintained and managed its assets.」

    The Group continues to appropriately maintain and manage its assets.
  11. FY2022-Q2RestatedAnnual report

    「In the real estate business, the Group appropriately maintained and managed its assets.」

    The Group continues to appropriately maintain and manage its assets.
  12. FY2021AdvancedAnnual report

    「In the real estate business, we appropriately maintained our owned assets. In addition, rental income increased because we entered into a general fixed-term land lease agreement covering land owned by the company. As a result, operating revenue from the real estate business was ¥660 million, an increase of ¥237 million, or 56.0%, from the previous consolidated fiscal year, while segment profit was ¥545 million, an increase of ¥203 million, or 59.7%.」

    In addition to maintaining owned assets, increased rental income from the general fixed-term land lease agreement contributed to full-year increases of 56.0% in operating revenue and 59.7% in segment profit.
  13. FY2021-Q3RestatedAnnual report

    「In the real estate business, we appropriately maintained our owned assets. In addition, rental income increased because we entered into a general fixed-term land lease agreement covering land owned by the company. As a result, operating revenue from the real estate business was ¥495 million, an increase of ¥177 million, or 56.0%, from the same quarter of the previous year, while segment profit was ¥413 million, an increase of ¥156 million, or 60.9%.」

    The company continued to report the maintenance of owned assets and increased rental income from the general fixed-term land lease agreement, resulting in higher operating revenue and profit in the real estate business.
  14. FY2021-Q2RestatedAnnual report

    「In the real estate business, we appropriately maintained our owned assets. In addition, rental income increased because we entered into a general fixed-term land lease agreement covering land owned by the company.」

    The company continued maintaining its owned assets and reconfirmed the increase in rental income from the general fixed-term land lease agreement, which had been reported since the previous quarter.
  15. FY2021-Q1AdvancedAnnual report

    「In the real estate business, we appropriately maintained our owned assets. In addition, rental income increased because we entered into a general fixed-term land lease agreement covering land owned by the company.」

    The company continued maintaining its owned assets, entered into a general fixed-term land lease agreement covering owned land, and increased rental income.
  16. FY2020-Q3AdvancedAnnual report

    「In the real estate business, we appropriately maintained our owned assets. As a result, operating revenue from the real estate business was ¥317 million, an increase of ¥5 million, or 1.7%, from the same quarter of the previous year, while segment profit was ¥257 million, an increase of ¥4 million, or 1.6%.」

    The company continued appropriate maintenance of owned assets, with operating revenue from the real estate business increasing 1.7% and segment profit increasing 1.6%.
  17. FY2020-Q2RestatedAnnual report

    「In the real estate business, the Group appropriately maintained and managed its assets.」

    The Group continues to appropriately maintain and manage its assets.
  18. FY2020-Q1RestatedAnnual report

    「In the real estate business, the Group appropriately maintained and managed its assets.」

    The Group continues to appropriately maintain and manage its assets.
  19. FY2019RestatedAnnual report

    「In the warehousing and real estate business areas, we strengthened sales activities to improve utilization rates and carried out repairs to appropriately maintain our owned assets.」

    The company continued sales activities to improve utilization rates, as well as the maintenance and repair of owned assets.
  20. FY2019-Q3RestatedAnnual report

    「In the real estate business, we carried out repairs and other work to appropriately maintain our owned assets. As a result, operating revenue from the real estate business was ¥312 million, a decrease of ¥2 million, or 0.8%, from the same quarter of the previous year, while segment profit was ¥253 million, a decrease of ¥2 million, or 1.0%.」

    The company continued repairs and other work to maintain owned assets. On a cumulative nine-month basis, operating revenue declined 0.8% and segment profit declined 1.0%.
  21. FY2019-Q1RestatedAnnual report

    「In the real estate business, we carried out repairs to appropriately maintain our owned assets.」

    The company continued appropriate maintenance of owned assets and carried out repairs during the quarter.
  22. FY2018AdvancedAnnual report

    「In the real estate business, we worked on rent revisions and appropriately maintained and effectively utilized our owned assets. As a result, operating revenue from the real estate business was ¥418 million, an increase of ¥12 million, or 3.0%, from the previous consolidated fiscal year, while segment profit was ¥341 million, an increase of ¥9 million, or 2.9%.」

    The company continued rent revisions and the maintenance and effective utilization of owned assets, resulting in a 2.9% increase in full-year segment profit.
  23. FY2018-Q3RestatedAnnual report

    「In the real estate business, we worked on rent revisions and appropriately maintained and effectively utilized our owned assets. As a result, operating revenue from the real estate business was ¥314 million, an increase of ¥11 million, or 3.8%, from the same quarter of the previous year, while segment profit was ¥255 million, an increase of ¥9 million, or 3.7%.」

    The company continued rent revisions and the maintenance and effective utilization of owned assets, and reported a 3.7% increase in cumulative nine-month segment profit. There was no change in the measures.
  24. FY2018-Q2RestatedAnnual report

    「In the real estate business, we worked on rent revisions and appropriately maintained and effectively utilized our owned assets. As a result, operating revenue from the real estate business was ¥210 million, an increase of ¥8 million, or 4.2%, from the same quarter of the previous year, while segment profit was ¥170 million, an increase of ¥6 million, or 4.1%.」

    The company continued rent revisions and the maintenance and effective utilization of owned assets, and reported a 4.1% increase in quarterly segment profit. No new measures were added.
  25. FY2018-Q1RestatedAnnual report

    「In the real estate business, we worked on rent revisions and appropriately maintained and effectively utilized our owned assets. As a result, operating revenue from the real estate business was ¥106 million, an increase of ¥5 million, or 5.4%, from the same quarter of the previous year, while segment profit was ¥87 million, an increase of ¥4 million, or 5.8%.」

    The company continued rent revisions and the maintenance and effective utilization of owned assets, and reported a 5.8% quarterly increase in segment profit. No new measures were added.
  26. FY2017AdvancedAnnual report

    「As a result, operating revenue from the real estate business as a whole was ¥406 million, an increase of ¥2 million, or 0.5%, from the previous consolidated fiscal year, while segment profit was ¥331 million, an increase of ¥34 million, or 11.5%.」

    The company describes efforts to maintain owned assets, reduce repair expenses and revise rents, resulting in an 11.5% increase in full-year segment profit.
  27. FY2017-Q3RestatedAnnual report

    「In the real estate business, we worked to appropriately maintain and effectively utilize our owned assets, resulting in higher profit due in part to lower repair expenses.」

    The company continued appropriate maintenance and effective utilization of owned assets and reported higher profit in the real estate business due in part to lower repair expenses.
  28. FY2017-Q2First statedAnnual report

    「In the real estate business, we worked to appropriately maintain and effectively utilize our owned assets.」

    For the first time, the company describes the maintenance and effective utilization of owned assets in the real estate business as specific operational measures.
Moved together

"Investment in Logistics Facilities and Information Systems Using Retained Earnings" moved the same way as this thread, in the same document, in 9 of its 30 moves.

965555★123456
  1. ★This thread
  2. 1Investment in Logistics Facilities and Information Systems Using Retained Earnings9×
  3. 2Enhancing the Group’s Overall and Sales Capabilities and Restructuring the Organizational Structure6×
  4. 3Fundamental Reform of Unprofitable Businesses5×
  5. 4Full-Scale Entry into Agribusiness and Expansion of Plant-Factory Production Scale5×
  6. 5Performance- and Share Price-Linked Executive Stock Compensation Scheme5×
  7. 6Deterioration in Market Conditions for Investment Securities and Impairment Risk5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Azuma Shipping yet. It last moved in the Earnings of 2026-08-12: "Restated".
News
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Appropriate Maintenance and Effective Utilization of Owned Assets | Azuma Shipping Co.,Ltd. (9380) | Komori