Lower In-House Deliveries and Higher Outsourcing Costs Due to Labor Shortages, Pressuring Profit
First written in FY2019-Q1. 9 of 23 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2026.
Hob moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 10 of 12 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Profit fell below the previous fiscal year's level due to higher outsourcing and labor costs, as well as higher depreciation expenses resulting from the replacement of vehicles.」
Higher outsourcing and labor costs, together with increased depreciation expenses associated with vehicle replacements, actually emerged as factors putting pressure on profit in the transportation business. - 2026-05-08WorsenedEarnings
「However, profit fell below the same period of the previous year, partly due to higher outsourcing costs.」
In contrast to the previous improvement trend resulting from lower outsourcing costs, higher outsourcing costs put pressure on profit during the current cumulative quarterly period. - FY2025MitigatedAnnual report
「Profit exceeded the previous fiscal year's level as the Company continued to shift high-margin, efficient deliveries to in-house delivery, thereby reducing outsourcing costs.」
The shift to efficient in-house deliveries and reduction of outsourcing costs advanced the response to pressure on profit from labor shortages and outsourcing, and profit in the transportation business exceeded the previous fiscal year's level. - FY2025-H1MitigatedAnnual report
「Profit exceeded the same period of the previous year as the Company continued to shift high-margin, efficient deliveries to in-house delivery, thereby reducing outsourcing costs.」
The shift to efficient in-house deliveries and reduction of outsourcing costs advanced the response to the pressure on profit previously caused by outsourcing, and profit in the transportation business exceeded the same period of the previous year. - FY2024MitigatedAnnual report
「Profit exceeded the previous fiscal year's level as the Company increased profitable in-house deliveries, including deliveries of its own products, and reduced outsourcing costs.」
The response to pressure on profit from labor shortages and outsourcing advanced throughout the fiscal year through increased in-house deliveries and reduced outsourcing costs. - FY2024-Q3MitigatedAnnual report
「During the nine-month period of the current fiscal year, sales increased due to an increase in delivery contracts from general cargo shippers. Profit also exceeded the same period of the previous year as the Company increased efficient in-house deliveries, including deliveries of its own products, and reduced outsourcing costs.」
Profit exceeded the same period of the previous year as the Company increased efficient in-house deliveries and reduced outsourcing costs, advancing its response to pressure on profit from labor shortages and outsourcing. - FY2024-Q2MitigatedAnnual report
「During the six-month period of the current fiscal year, sales increased as the Company expanded its delivery services for general cargo shippers. Profit also exceeded the same period of the previous year as the Company increased efficient in-house deliveries, including deliveries of its own products, and reduced outsourcing costs.」
Profit exceeded the same period of the previous year as the Company increased in-house deliveries and reduced outsourcing costs, advancing its response to pressure on profit from outsourcing and other factors. - FY2024-Q1MitigatedAnnual report
「During the three-month period of the current fiscal year, sales increased as the Company expanded its delivery services for general cargo shippers. Profit also exceeded the previous fiscal year's level as the Company increased in-house deliveries and improved operating efficiency.」
Profit exceeded the same period of the previous year as the Company increased in-house deliveries and improved operating efficiency, indicating a response to the pressure on profit previously caused by outsourcing and other factors. - FY2023-Q3WorsenedAnnual report
「During the third quarter of the current consolidated cumulative period, revenue increased due to an increase in delivery contracts from general shippers. However, profit declined due to higher outsourcing costs, higher depreciation expenses from adding delivery vehicles, and rising fuel costs. As a result, revenue from the transportation business was ¥91.058 million, up 25.8% year on year, and operating profit was ¥699 thousand, down 91.4%.」
Although sales increased, operating profit declined 91.4% year on year due to higher outsourcing costs, increased depreciation expenses from adding delivery vehicles, and surging fuel costs, with pressure on profit continuing. - FY2023-Q2WorsenedAnnual report
「Profit declined due to higher outsourcing costs, higher depreciation expenses resulting from the addition of delivery vehicles, and the impact of surging fuel costs, among other factors.」
In addition to higher outsourcing costs, increased depreciation expenses from adding delivery vehicles and surging fuel costs put pressure on profit in the transportation business, resulting in an actual decline in profit. - FY2022-Q3RestatedAnnual report
「The Company sought to increase sales by securing new delivery contracts, shifted deliveries for general cargo shippers to in-house delivery, and controlled cost of sales. It also worked to reduce expenses and secure profit, resulting in sales and profit both exceeding the same period of the previous year.」
Efforts to address pressure on profit from outsourcing and other factors through the acquisition of new delivery contracts, the shift to in-house delivery, and control of cost of sales and expenses continue. - FY2022-Q2RestatedAnnual report
「During the six-month period of the current fiscal year, some deliveries were suspended due to the impact of COVID-19. However, sales and profit both increased as the Company focused on efficient operations, including shifting deliveries for general cargo shippers to in-house delivery, and worked to reduce expenses.」
Efforts to address pressure on profit from outsourcing and other factors by shifting deliveries for general cargo shippers to in-house delivery and reducing expenses continue. - FY2021MitigatedAnnual report
「We sought to increase revenue by securing new delivery contracts, switched deliveries for general shippers to in-house delivery, and controlled the cost of sales. By also working to reduce expenses and secure profit, we achieved higher revenue and profit than in the previous year.」
The transportation business recorded higher profit as the shift to in-house delivery and control of cost of sales and expenses helped address pressure on profit from labor shortages and outsourcing. - FY2021-Q3MitigatedAnnual report
「The Company sought to increase sales by securing new delivery contracts, shifted deliveries for general cargo shippers to in-house delivery, and controlled cost of sales. It also worked to reduce expenses and secure profit, but was unable to offset the shortfall in revenue caused by suspended deliveries, resulting in sales and profit below the same period of the previous year.」
The Company continues to respond to pressure on profit from outsourcing and other factors by shifting deliveries for general cargo shippers to in-house delivery and controlling cost of sales and expenses. However, the impact of suspended deliveries remained. - FY2021-Q2MitigatedAnnual report
「During the six-month period of the current fiscal year, some deliveries were suspended due to the impact of COVID-19. However, sales and profit both increased as the Company focused on efficient operations, including shifting deliveries for general cargo shippers to in-house delivery, and worked to reduce expenses.」
Sales and profit increased as deliveries for general cargo shippers were shifted to in-house delivery and expenses were reduced. There is no indication that the labor shortage itself was resolved, but the Company responded to the pressure on profit caused by outsourcing. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, revenue from general shippers increased, but profit declined from the same period of the previous year due to higher labor costs associated with securing staff and other factors. As a result, revenue from the transportation business was ¥22.875 million, up 16.3% year on year, while the operating loss was ¥2.494 million, compared with an operating loss of ¥1.697 million in the same period of the previous year.」
Although sales increased, profit declined and the operating loss widened from the same period of the previous year due to higher labor costs and other expenses associated with securing personnel. - FY2020-Q3RestatedAnnual report
「Going forward, the Company will work to secure personnel and strengthen in-house deliveries. In addition to operating deliveries by partner carriers efficiently, it will further strengthen sales efforts to secure delivery contracts from new shippers and work to maintain and improve profitability.」
Securing personnel and strengthening in-house deliveries remain stated priorities and measures, alongside a policy of operating deliveries by partner carriers efficiently and acquiring new shippers. - FY2020-Q2Staffing was secured, but sales and profit declined because delivery operations started late.Annual report
「During the six-month period of the current fiscal year, the Company secured personnel and began accepting new deliveries from general cargo shippers, but sales and profit declined because delivery operations started late.」
Although the Company took steps to secure personnel, sales and profit declined because the start of new delivery operations was delayed. The response to labor shortages and their impact on business results coexisted. - FY2020-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, revenue declined because deliveries were curtailed due to staff shortages, and profit declined accordingly. As a result, revenue from the transportation business was ¥19.663 million, down 18.3% year on year, and the operating loss was ¥1.697 million, compared with an operating loss of ¥1.358 million in the same period of the previous year.」
The Company actually curtailed deliveries due to labor shortages. Sales declined 18.3% year on year, while the operating loss widened from ¥1.358 million in the same period of the previous year to ¥1.697 million. - FY2019WorsenedAnnual report
「During the current consolidated fiscal year, sales declined because deliveries were curtailed due to labor shortages. For the same reason, some in-house deliveries were outsourced, resulting in lower profit.」
The decline in in-house deliveries and partial outsourcing caused by labor shortages, as well as higher expenses, continued throughout the fiscal year, and sales and operating profit in the transportation business fell below the previous fiscal year's levels. - FY2019-Q3RestatedAnnual report
「During the nine-month period of the current fiscal year, sales exceeded the same period of the previous year. However, the decline in in-house deliveries caused by labor shortages resulted in some deliveries being outsourced, increasing expenses and preventing the Company from securing profit commensurate with sales.」
The decline in in-house deliveries caused by labor shortages, the outsourcing of some deliveries, and higher expenses continue to hinder the securing of profit despite higher sales. - FY2019-Q2RestatedAnnual report
「During the six-month period of the current fiscal year, sales exceeded the same period of the previous year due to an increase in orders from general cargo shippers. However, the decline in in-house deliveries caused by labor shortages resulted in some deliveries being outsourced, increasing expenses and preventing the Company from securing profit commensurate with sales.」
Although sales increased due to higher orders from general cargo shippers, the decline in in-house deliveries caused by labor shortages, the outsourcing of some deliveries, and higher expenses continue to hinder the securing of profit. - FY2019-Q1First statedAnnual report
「A labor shortage reduced in-house deliveries, requiring some deliveries to be outsourced and increasing expenses, which prevented us from securing profit commensurate with sales.」
Labor shortages reduced in-house deliveries, and the resulting outsourcing of some deliveries actually increased expenses and hindered profit generation in the transport business.