Disruption to Overseas Exports Due to Container Shortages and Difficulty Securing Vessels
First written in FY2021-Q3. 3 of 4 entries say "Materialised", first in FY2021. Latest entry: FY2022.
Hokuto moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
The whole theme swung hardest in 2026: 8 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2022MaterialisedAnnual report
「At the U.S. subsidiary HOKTO KINOKO COMPANY, sales centered on Food Service remained firm in the first half of the fiscal year under review as economic activity picked up with the expansion of vaccinations. However, from the third quarter, the business was affected by disruption in container cargo volumes and surging raw material prices and labor costs due to the impact of COVID-19.」
Disruption in container cargo volumes weighed on operating profit in the U.S., while exports from Malaysia to ASEAN countries declined against a backdrop of a global container shortage. - FY2022-Q3MaterialisedAnnual report
「In addition, many containers bound from Malaysia for ASEAN countries were omitted from vessel schedules or canceled owing to disruption in cargo volumes, affecting sales.」
Frequent omissions from vessel schedules and cancellations caused by disruption in container cargo volumes actually affected exports from Malaysia to ASEAN countries and sales. - FY2021MaterialisedAnnual report
「At the U.S. subsidiary, conditions arose including reduced factory operations due to lower demand for food service, while at the Malaysian subsidiary, demand declined owing to domestic movement restrictions and exports to ASEAN countries decreased against a backdrop of a global container shortage.」
Reduced exports from Malaysia to ASEAN countries, caused by container shortages and difficulty securing vessels, actually affected overseas sales and factory operations during the period. - FY2021-Q3First statedAnnual report
「Container shortages and difficulty securing vessels arose, affecting exports to Vietnam and Indonesia and having a significant impact on sales, resulting in a challenging situation.」
For the Malaysian subsidiary, the shortage of containers and difficulty securing vessels are mentioned for the first time as an independent logistics risk that actually affected exports to Vietnam and Indonesia and sales.