Pressure on fuel sales from the spread of fuel-efficient vehicles and delays in passing higher purchase prices through to customers
First written in FY2017-Q1. 10 of 20 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In fuel sales, demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
The company reiterates its response to declining fuel demand due to the spread of fuel-efficient vehicles through services for existing customers and the acquisition of new customers. - FY2024-Q2RestatedAnnual report
「In fuel sales, demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
The company reiterates its response to declining fuel demand due to the spread of fuel-efficient vehicles by improving services for existing customers and acquiring new customers. - FY2024-Q1RestatedAnnual report
「In fuel sales, demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
The company has reiterated the decline in fuel demand resulting from the spread of fuel-efficient vehicles and its response through improved services for existing customers and new customer acquisition. - FY2023-Q3MitigatedAnnual report
「Profit increased as procurement prices for fuel sales remained stable.」
Although demand continues to trend downward as fuel-efficient vehicles become more widespread, the company states that pressure on fuel sales has eased as sales volume progressed steadily and procurement prices remained stable. - FY2023-Q1MitigatedAnnual report
「In terms of sales, the number of leasing and automotive maintenance contracts progressed steadily. Fuel sales volume also remained steady. In terms of earnings, profit increased as sales of the core automotive leasing business rose and the unit selling price of disposed vehicles increased. Profit also increased as procurement prices for fuel sales remained stable.」
Although demand continues to trend downward as fuel-efficient vehicles become more widespread, the company states that pressure on fuel sales has eased as sales volume progressed steadily and procurement prices remained stable. - FY2022RestatedAnnual report
「Meanwhile, fuel sales profit declined due to the reversal of the previous period's sharp profit increase, when procurement prices fell.」
The company reiterates that profit declined due to the reversal of the previous year's profit increase resulting from lower procurement prices, in addition to the continuing downward trend in demand as fuel-efficient vehicles become more widespread. - FY2022-Q1Profit decline due to the reversal of the previous year's decline in procurement pricesAnnual report
「Meanwhile, fuel sales profit declined due to the reversal of the previous year's sharp profit increase, when procurement prices fell.」
Demand continues to trend downward as fuel-efficient vehicles become more widespread. The company states that fuel sales profit declined in the current quarter due to the reversal of the previous year's profit increase resulting from lower procurement prices. - FY2021-Q2MitigatedAnnual report
「Fuel sales volume increased. In terms of earnings, profit increased as sales of the core automotive leasing business rose. Profit also increased as procurement prices for fuel sales remained stable.」
Although demand continues to trend downward as fuel-efficient vehicles become more widespread, the company states that pressure on fuel sales has eased as sales volume increased and procurement prices remained stable. - FY2021-Q1WorsenedAnnual report
「Fuel sales progressed steadily despite a decline in sales volume, as procurement prices remained stable.」
The company notes declining sales volume due to the spread of fuel-efficient vehicles, including the impact of COVID-19. Meanwhile, stable procurement prices supported sales. - FY2020WorsenedAnnual report
「Demand, mainly for automotive fuel cards, has been trending downward as fuel-efficient vehicles become more widespread. In addition, gasoline demand is expected to decline as companies refrain from sales activities and take other measures in response to COVID-19. Nevertheless, we will continue working to improve satisfaction among existing customers, expand our customer base and increase sales volume.」
In addition to declining demand due to the spread of fuel-efficient vehicles, the company identifies lower gasoline demand resulting from companies refraining from sales activities as a new factor affecting the business. - FY2019MitigatedAnnual report
「Fuel sales remained firm, supported by steady sales volume and stable procurement prices.」
Although the company continues to note declining demand due to the spread of fuel-efficient vehicles, it states that pressure on recent fuel sales has eased as procurement prices have stabilised and sales volume has remained firm. - FY2019-Q3MitigatedAnnual report
「Fuel sales remained firm, supported by steady sales volume and stable procurement prices.」
In contrast to the difficult conditions described through the previous quarter due to higher procurement prices and delays in passing them through to selling prices, procurement prices are now stable and fuel sales are described as firm. - FY2019-Q2WorsenedAnnual report
「Fuel sales remained firm in terms of sales volume, but conditions remained difficult as procurement prices rose and deteriorating retail market conditions prevented the higher costs from being fully passed through to selling prices.」
The company explicitly notes that fuel sales remain difficult, with delays in passing higher procurement prices through to selling prices amid deteriorating retail market conditions. - FY2018RestatedAnnual report
「In fuel sales, demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
The company reiterates its response to declining fuel demand due to the spread of fuel-efficient vehicles, including improved services for existing customers and the acquisition of new customers. - FY2018-Q3RestatedAnnual report
「In fuel sales, demand, mainly for automotive fuel cards, has been trending downward as fuel-efficient vehicles become more widespread, but we focused on improving services for existing customers and acquiring new customers. In terms of earnings, leasing remained firm, partly because the number of vehicles under contract and the number of vehicles disposed of increased. Although the number of automotive maintenance contracts also increased, maintenance costs rose. Fuel sales faced difficult conditions as procurement prices continued to rise and the increase was passed through to selling prices only with a delay.」
The company continues to note declining fuel demand due to the spread of fuel-efficient vehicles and delays in passing higher procurement prices through to selling prices. - FY2018-Q2RestatedAnnual report
「In fuel sales, demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
The company has reiterated the decline in fuel demand resulting from the spread of fuel-efficient vehicles and its response through improved services for existing customers and new customer acquisition. - FY2018-Q1RestatedAnnual report
「In fuel sales, demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers. In terms of earnings, leasing remained firm, partly because the number of contracts and vehicles disposed of increased. Outsourced automotive maintenance also remained firm as the number of contracts increased. Fuel sales remained firm in terms of the volume of automotive fuel cards sold, while purchase prices also remained stable.」
The decline in fuel demand resulting from the spread of fuel-efficient vehicles continues to be noted. Meanwhile, sales volume is described as firm and purchase prices as stable. - FY2017-Q3RestatedAnnual report
「Demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
The company has reiterated the decline in fuel demand resulting from the spread of fuel-efficient vehicles and its response through improved customer service and new customer acquisition. The difficult conditions caused by delays in passing higher purchase costs through to selling prices have also continued. - FY2017-Q2RestatedAnnual report
「Demand, mainly for automotive fuel cards, is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
The company has reiterated the decline in fuel demand resulting from the spread of fuel-efficient vehicles and its response through improved customer service and new customer acquisition. - FY2017-Q1First statedAnnual report
「Demand is tending to decline as fuel-efficient vehicles become more widespread, but the company focused on improving services for existing customers and acquiring new customers.」
In addition to the downward trend in fuel demand resulting from the spread of fuel-efficient vehicles, delays in passing higher purchase costs through to selling prices have created a difficult earnings environment.