Bringing forward used-equipment sales to update rental equipment
First written in FY2017-Q3. 2 of 6 entries say "Advanced", first in FY2017. Latest entry: FY2025-H1.
Nagawa moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Reframed".
- FY2025-H1ReframedAnnual report
「To improve the balance between revenue and expenses, we have reviewed the investment and disposal cycle for construction equipment and curbed sales with low profit margins.」
The focus of the measures has shifted from the previous explanation, including the acceleration of used-equipment sales to facilitate leased-equipment replacement, to reviewing the investment and disposal cycle for construction equipment and curbing low-profitability sales. - FY2020AdvancedAnnual report
「In addition, leased assets, the main assets of the unit house business, increased, reversing the decline recorded in the previous consolidated fiscal year. This was due to the policy-driven restraint of used-asset sales and the expansion in the number of units produced as a result of increased production capacity at our own factories.」
Leased assets increased, reversing the decline in the previous fiscal year, due to restraint of used-asset disposals and increased production capacity at our own factories. - FY2020-Q2RestatedAnnual report
「In addition, we systematically curbed used-equipment sales and worked to ensure the availability of equipment for rental deliveries.」
The policy of curbing used-equipment sales to secure equipment for rental deliveries has continued as a planned measure. - FY2019-Q3SoftenedAnnual 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.」
The focus has shifted from the previous practice of accelerating used-equipment sales to facilitate leased-equipment replacement to disclosures about curbing used-equipment disposals. - FY2017AdvancedAnnual report
「In the construction equipment rental business, operating profit came to ¥300 million, up 240.1% year on year, due to the early sale of used equipment to facilitate the replacement of leased equipment.」
The early sale of used equipment to facilitate the replacement of leased equipment was confirmed in the full-year results, with operating profit reaching ¥300 million, up 240.1% year on year. - FY2017-Q3First statedAnnual report
「In addition, operating profit came to ¥216 million, up 527.5% year on year, due to the early sale of used equipment to facilitate the replacement of leased equipment.」
The early sale of used equipment to facilitate the replacement of leased equipment is cited as a factor behind the increase in operating profit in the construction equipment rental business.