Komori
Nagawa (9663) · InitiativeAdvancedLatest Earnings (2026-10-26): "Restated"

Improving profitability through local-market sales, higher asset efficiency and fixed-cost reductions

First written in FY2017-Q1. 10 of 33 entries say "Restated". Latest entry: 2026-10-26.

33entries
11years
2from disclosures
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ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2018OtherFY2019-Q3 – FY2020AdvancedFY2021-Q3 – FY2022-Q2OtherFY2023-Q2 – FY20242016: 220162017: 420172018: 320182019: 320192020: 420202021: 420212022: 120222023: 420232024: 320242025: 220252026: 32026
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  1. 2026-10-26RestatedEarnings

    「また、北海道南部地域を中心に営業活動の強化に努め、建設機械の販売展示会や地域・他業種のイベントにも積極的に参加することにより新規開拓に注力いたしましたが、販売面では苦戦する結果となりました。」

    北海道南部での営業強化・新規開拓を継続した一方、建設機械の販売面では苦戦したと記載している。
  2. FY2026AdvancedAnnual report

    「As a result, segment revenue for the business was ¥1,183 million, up 23.7% year on year. Segment profit was ¥148 million, up 262.2% year on year.」

    In the construction equipment rental business, Hokkaido Shinkansen construction, construction equipment sales and expanded sales of environmentally compliant equipment progressed, resulting in a 23.7% increase in revenue and a 262.2% increase in segment profit.
  3. 2026-05-15AdvancedEarnings

    「北海道新幹線の工事が続き、稼働率の押し上げに寄与しました。また、付加価値営業の強化策として建設機械販売も増加となりました。」

    北海道新幹線関連需要と建設機械販売の増加を背景に、建設機械レンタル事業のセグメント利益が前期比262.2%増となった。
  4. FY2026-H1AdvancedAnnual report

    「In the construction equipment rental business, we worked to strengthen sales activities centered on southern Hokkaido. Revenue increased due in part to sales of construction equipment for new capital investment and the continued strength of Hokkaido Shinkansen construction. Profitability also improved, supported by stronger offerings of environmentally compliant construction equipment.」

    In addition to strengthening sales in southern Hokkaido, construction equipment sales, Hokkaido Shinkansen construction and environmentally compliant equipment were expanded, resulting in higher revenue and improved profitability.
  5. FY2025ReframedAnnual report

    「In the construction equipment rental business, progress on the Hokkaido Shinkansen construction project and other factors provided support and contributed to higher utilization. We also focused on expanding sales of construction equipment that takes environmental measures into account, with the aim of strengthening value-added rentals.」

    In addition to the existing local-market sales approach in southern Hokkaido, demand related to the Hokkaido Shinkansen and expanded sales of construction equipment that takes environmental measures into account are presented as avenues for strengthening profitability.
  6. FY2025-H1AdvancedAnnual report

    「In the construction equipment rental business, we worked to strengthen sales activities rooted in southern Hokkaido. To improve the balance of income and expenses, we reviewed the investment and disposal cycle for construction equipment and restrained low-margin sales. As a result, segment revenue for the business was ¥382 million, down 29.7% year on year. Segment loss was ¥20 million, compared with segment loss of ¥24 million in the same period of the previous year.」

    In addition to local-market sales, we reviewed the investment and disposal cycle for construction equipment and restrained low-margin sales. Revenue declined, but segment loss narrowed from ¥24 million in the same period of the previous year to ¥20 million.
  7. FY2024Revenue increased, but profit fell sharplyAnnual report

    「In the construction equipment rental business, rental utilization remained higher than in the previous fiscal year, and we worked to expand transactions to meet demand for sales. As a result, segment revenue for the business was ¥1,181 million, up 5.1% year on year. Segment profit was ¥40 million, down 51.7% year on year.」

    While we worked to improve rental utilization and expand sales transactions, the construction equipment rental business posted higher revenue but segment profit fell 51.7% year on year.
  8. FY2024-Q3Revenue increased, but profit fell sharplyAnnual report

    「In the construction equipment rental business, in light of the continuing downward trend in the value of public works orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities targeting private-sector companies, as in the second quarter. As a result, segment revenue for the business was ¥910 million, up 13.5% year on year. Segment profit was ¥24 million, down 50.9% year on year.」

    Amid declining public works orders in southern Hokkaido, sales efforts targeting private-sector companies continued, and revenue increased 13.5% year on year, while segment profit fell 50.9%.
  9. FY2024-Q2Revenue increased, but the business swung to a lossAnnual report

    「In the construction equipment rental business, in light of the continuing downward trend in the value of public works orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities targeting private-sector companies, as in the first quarter. As a result, segment revenue for the business was ¥544 million, up 15.2% year on year. Segment loss was ¥24 million, compared with segment profit of ¥48 million in the same period of the previous year.」

    Amid declining public works orders, sales efforts targeting private-sector companies were strengthened, and revenue increased 15.2% year on year, while the business swung from profit in the same period of the previous year to a loss of ¥24 million.
  10. FY2024-Q1Higher sales, but wider lossesAnnual report

    「In the construction equipment rental business, we worked to strengthen sales activities rooted in southern Hokkaido. As a result, segment revenue for the business was ¥246 million, up 54.2% year on year. Segment loss was ¥27 million, compared with segment loss of ¥17 million in the same period of the previous year.」

    Sales activities rooted in southern Hokkaido were strengthened, and revenue increased 54.2% year on year, while segment loss widened from ¥17 million to ¥27 million.
  11. FY2023Full-year decline in segment revenue and profitAnnual report

    「In the construction equipment rental business, although the value of construction orders continued to trend downward, we worked to strengthen sales activities rooted in local communities. As a result, segment revenue for the business was ¥1,123 million, down 4.0% year on year. Segment profit was ¥84 million, down 41.0% year on year.」

    While local-market sales continued, full-year segment revenue fell 4.0% and profit fell 41.0%.
  12. FY2023-Q3Improvement in the rate of revenue decline, but continued profit declineAnnual report

    「In the construction equipment rental business, in light of the downward trend in the value of both public- and private-sector construction orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities targeting private-sector companies. As a result, segment revenue for the business was ¥801 million, down 1.8% year on year, an improvement from the second quarter. Segment profit was ¥49 million, down 24.3% year on year.」

    Sales activities targeting private-sector companies continued, and the year-on-year decline in revenue improved from 9.1% in the second quarter to 1.8%, while segment profit fell 24.3% year on year.
  13. FY2023-Q2Segment revenue and profit declined despite stronger private-sector salesAnnual report

    「In the construction equipment rental business, in light of the continuing downward trend in the value of public works orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities targeting private-sector companies, as in the first quarter. As a result, segment revenue for the business was ¥473 million, down 9.1% year on year. Segment profit was ¥48 million, down 13.4% year on year.」

    Although sales efforts targeting private-sector companies continued amid declining public works orders, segment revenue fell 9.1% and profit fell 13.4%.
  14. FY2022-Q2AdvancedAnnual report

    「In the construction equipment rental business, amid a downward trend in the value of public works orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities rooted in local communities in the private-sector environmental energy and resort development businesses. As a result, segment revenue for the business was ¥520 million, up 10.9% year on year. Segment profit was ¥55 million, up 833.8% year on year.」

    Amid declining public works orders, local-market sales were strengthened in the environmental energy and resort development businesses, resulting in a 10.9% year-on-year increase in revenue and an 833.8% increase in segment profit.
  15. FY2022-Q1AdvancedAnnual report

    「In the construction equipment rental business, amid a downward trend in the value of public works orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities rooted in local communities in the private-sector environmental energy and resort development businesses. As a result, segment revenue for the business was ¥200 million, up 37.8% year on year. Segment loss was ¥16 million, compared with segment loss of ¥27 million in the same period of the previous year.」

    Amid declining public works, local-market sales were strengthened in the environmental energy and resort development businesses, resulting in a 37.8% year-on-year increase in revenue and a narrowing of segment loss from ¥27 million to ¥16 million.
  16. FY2021AdvancedAnnual report

    「Amid these conditions, our efforts to strengthen sales activities rooted in local communities, tighten rental-asset management and improve asset efficiency resulted in segment revenue of ¥1,164 million, down 8.4% year on year. Segment profit was ¥49 million, compared with segment loss of ¥3 million in the same period of the previous year.」

    Although revenue declined, local-market sales, rental-asset management and asset-efficiency improvements progressed, and the segment moved from a loss to profit of ¥49 million.
  17. FY2021-Q3AdvancedAnnual report

    「As a result, segment revenue for the business was ¥725 million, down 23.4% year on year. Segment profit was ¥30 million, up 11.9% year on year.」

    While local-market sales, rental-asset management and fixed-cost reductions continued, revenue declined but segment profit increased 11.9% year on year, indicating a specific improvement in profitability after the sharp decline through the previous quarter.
  18. FY2021-Q2Sharp decline in segment profitAnnual report

    「In this environment, we worked to strengthen sales activities rooted in local communities, improve asset efficiency through tighter rental-asset management and reduce fixed costs. As a result, segment revenue for the business was ¥469 million, down 26.0% year on year. Segment profit was ¥5 million, down 77.0% year on year.」

    While the previous measures covering local-market sales, rental-asset management and fixed-cost reductions continued, revenue in the construction equipment rental business fell 26.0% and segment profit fell 77.0%.
  19. FY2021-Q1AdvancedAnnual report

    「In the construction equipment rental business, amid a downward trend in the value of public works orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities rooted in local communities, improve asset efficiency through tighter rental-asset management and reduce fixed costs. However, owing to the decline in public works and the postponement of orders, segment revenue for the business was ¥145 million, down 21.6% year on year. Segment loss was ¥27 million, compared with segment loss of ¥34 million in the same period of the previous year.」

    Local-market sales, rental-asset management and fixed-cost reductions continued, and segment loss narrowed from ¥34 million in the same period of the previous year to ¥27 million.
  20. FY2020Sharp decline in segment profitAnnual report

    「Although we sought to offset the decline in rental orders by improving rental-asset turnover, segment profit was ¥12 million, down 94.0% year on year.」

    While local-market sales, rental-asset management and asset-efficiency improvements progressed, segment profit in the construction equipment rental business fell 94.0% year on year.
  21. FY2020-Q3Sharp decline in segment profitAnnual report

    「In this environment, we worked to strengthen sales activities rooted in local communities, improve asset efficiency through tighter rental-asset management and reduce fixed costs. As a result, segment revenue for the business was ¥946 million, down 9.9% year on year. Segment profit was ¥40 million, down 71.1% year on year.」

    While local-market sales, rental-asset management and fixed-cost reductions continued, segment revenue fell 9.9% year on year and segment profit fell 71.1%.
  22. FY2020-Q2Sharp decline in segment profitAnnual report

    「In this environment, we worked to strengthen sales activities rooted in local communities, improve asset efficiency through tighter rental-asset management and reduce fixed costs. As a result, segment revenue for the business was ¥633 million, up 0.1% year on year. Segment profit was ¥34 million, down 71.2% year on year.」

    While local-market sales, rental-asset management and fixed-cost reductions continued, segment profit fell 71.2% year on year.
  23. FY2020-Q1RestatedAnnual report

    「In the construction equipment rental business, amid a downward trend in the value of public works orders in the southern Hokkaido construction market, our sales area, we worked to strengthen sales activities rooted in local communities, improve asset efficiency through tighter rental-asset management and reduce fixed costs.」

    Amid declining public works orders in southern Hokkaido, measures to strengthen local-market sales, improve rental-asset management and asset efficiency, and reduce fixed costs are continuing.
  24. FY2019-Q3RestatedAnnual report

    「Segment profit was ¥140 million, down 19.7% year on year, as the company restrained sales of used construction equipment, while benefiting from higher rental-asset turnover and fixed-cost reductions.」

    Although improvements in turnover and asset efficiency through rental-asset management and fixed-cost reductions continued to be reported, segment profit fell 19.7% year on year, partly due to the restraint of used-equipment sales.
  25. FY2019-Q1AdvancedAnnual report

    「Segment loss was limited to ¥2 million as a result of the higher turnover of rental assets, compared with segment loss of ¥6 million in the same period of the previous year.」

    Specific progress is reported on the measures to tighten rental-asset management and improve asset efficiency: segment loss narrowed from ¥6 million in the same period of the previous year to ¥2 million as a result of the higher turnover of rental assets.
  26. FY2018RestatedAnnual report

    「We worked to strengthen sales activities rooted in local communities, tighten rental-asset management, improve asset efficiency and reduce fixed costs.」

    Measures covering local-market sales, rental-asset management, asset-efficiency improvements and fixed-cost reductions are continuing.
  27. FY2018-Q3RestatedAnnual report

    「We also worked to improve asset efficiency by strengthening sales activities rooted in local communities and tightening the management of assets provided for rental, while reducing fixed costs.」

    Measures to strengthen local-market sales, improve asset efficiency through rental-asset management and reduce fixed costs are continuing.
  28. FY2018-Q2RestatedAnnual report

    「We also worked to improve asset efficiency by strengthening sales activities rooted in local communities and tightening the management of assets provided for rental, while reducing fixed costs.」

    Measures to strengthen local-market sales, improve asset efficiency through rental-asset management and reduce fixed costs are continuing.
  29. FY2018-Q1RestatedAnnual report

    「In this environment, we worked to improve asset efficiency by strengthening sales activities rooted in local communities and tightening the management of assets provided for rental, while reducing fixed costs, and focused on investing in high-margin equipment.」

    In addition to local-market sales, improving asset efficiency through rental-asset management and reducing fixed costs, operating measures to invest in high-margin equipment are continuing.
  30. FY2017RestatedAnnual report

    「We worked to improve asset efficiency by strengthening sales activities rooted in local communities and tightening the management of assets provided for rental, while reducing fixed costs.」

    Measures to strengthen local-market sales, improve asset efficiency through rental-asset management and reduce fixed costs continued throughout the full year.
  31. FY2017-Q3RestatedAnnual report

    「We worked to improve asset efficiency by strengthening sales activities rooted in local communities and tightening the management of assets provided for rental, while reducing fixed costs.」

    Measures to strengthen local-market sales, improve asset efficiency through rental-asset management and reduce fixed costs are continuing.
  32. FY2017-Q2RestatedAnnual report

    「We worked to improve asset efficiency by strengthening sales activities rooted in local communities and tightening the management of assets provided for rental, while reducing fixed costs.」

    Measures to strengthen local-market sales, improve asset efficiency through rental-asset management and reduce fixed costs are continuing.
  33. FY2017-Q1First statedAnnual report

    「We worked to improve asset efficiency by strengthening sales activities rooted in local communities and tightening the management of assets provided for rental, while reducing fixed costs.」

    In the construction equipment rental business, sales initiatives, rental-asset management and fixed-cost reductions are being pursued in parallel.
Moved together

"Expanding market share through investment in the expansion and renewal of rental assets" moved the same way as this thread, in the same document, in 7 of its 33 moves.

776644★123456
  1. ★This thread
  2. 1Expanding market share through investment in the expansion and renewal of rental assets7×
  3. 2Proactive investment in revenue-generating assets7×
  4. 3Investment Outlays for Acquiring Investment Securities6×
  5. 4Expansion of orders for module and system construction6×
  6. 5Expanding the lineup of custom-built houses and strengthening showroom operations4×
  7. 6Treasury Share Acquisitions and Holdings4×

★ 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 Nagawa yet. It last moved in the Earnings of 2026-10-26: "Restated".
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