Earnings fluctuations due to economic stagnation and customer cancellations
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「The logistics industry (Note 1) is a major industry with a market size of approximately ¥25 trillion (Ministry of Internal Affairs and Communications, “2024 Survey of Selected Service Industries”) and approximately 2 million workers (Ministry of Internal Affairs and Communications, “Labour Force Survey,” Note 2). However, approximately 98% of logistics operators have 100 or fewer trucks, so the impact of the 2024 problem on the logistics industry and the damage to businesses caused by an economic downturn could develop into serious issues.」
The Company newly quantified the logistics industry's market size, number of workers and proportion of small operators, while continuing to identify the risks of customer cancellations and sluggish new sales caused by an economic downturn and the 2024 problem. - FY2024First statedAnnual report
「Because 99% of logistics operators own 100 or fewer trucks, the impact of the logistics industry’s 2024 problem and an economic slowdown could develop into a serious problem for their businesses.」
Against the backdrop of an industry dominated by small operators, the company identifies weak new-business sales and cancellations by existing customers as risks.