Rising Transportation Costs Due to Labor Shortages
First written in FY2018-Q3. 10 of 12 entries say "Mitigated", first in FY2019-Q2. Latest entry: FY2023.
The whole theme swung hardest in 2017: 8 of 15 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual reportThis filing does not directly identify higher transportation or logistics costs resulting from labor shortages as a risk.
- FY2023-Q1MitigatedAnnual report
「To prevail in this excessive competition, we are working to sell at appropriate and affordable prices through cost reductions enabled by our proprietary logistics system, while also expanding our business platform by strengthening relationships with customers through the advantages of in-house delivery, among other measures.」
Although there is no direct mention of higher logistics costs, the company continues to pursue cost reductions and service improvements through proprietary logistics and in-house delivery. - FY2021-Q2MitigatedAnnual report
「Meanwhile, as higher logistics costs resulting from labor shortages became a social issue, we worked to reduce costs and improve services through in-house delivery, and developed customers mainly through non-face-to-face sales activities.」
The company is responding to higher logistics costs resulting from labor shortages through cost reductions and service improvements via in-house delivery and non-face-to-face sales activities. - FY2021-Q1MitigatedAnnual report
「Meanwhile, as higher logistics costs resulting from labor shortages became a social issue, we worked to reduce costs and improve services through in-house delivery, and developed customers by strengthening and diversifying sales activities.」
As logistics costs continue to rise due to labor shortages, the company is responding through cost reductions and service improvements via in-house delivery and by strengthening sales activities. - FY2020MitigatedAnnual report
「Meanwhile, as higher logistics costs resulting from labor shortages became a social issue, we worked to reduce costs and improve services through in-house delivery, and developed customers by strengthening and diversifying sales activities.」
The company is responding to higher logistics costs resulting from labor shortages through cost reductions and service improvements via in-house delivery and by strengthening sales activities. - FY2020-Q3MitigatedAnnual report
「Meanwhile, as higher logistics costs resulting from labor shortages became a social issue, we worked to reduce costs and improve services through in-house delivery, and developed customers by strengthening and diversifying face-to-face channels.」
As logistics costs continue to rise due to labor shortages, the company is responding through in-house delivery and by strengthening and diversifying face-to-face channels. - FY2020-Q2MitigatedAnnual report
「Meanwhile, as higher logistics costs resulting from labor shortages became a social issue, we worked to reduce costs and improve services through in-house delivery, and developed customers by strengthening and diversifying face-to-face channels.」
As logistics costs continue to rise due to labor shortages, the company is responding through cost reductions and service improvements via in-house delivery and by strengthening face-to-face channels. - FY2020-Q1MitigatedAnnual report
「Meanwhile, as higher logistics costs resulting from labor shortages became a social issue, we worked to reduce costs and improve services through in-house delivery, and developed customers by strengthening and diversifying face-to-face channels.」
As logistics costs continue to rise due to labor shortages, the company is responding through cost reductions and service improvements via in-house delivery and by strengthening face-to-face channels. - FY2019MitigatedAnnual report
「Labor shortages across all industries resulting from economic growth, the declining birthrate, and population aging have become a major issue, while higher delivery charges and the resulting streamlining of operations have also become major challenges in the logistics industry. …We have positioned logistics competitiveness at the center of our growth strategy」
As delivery-charge increases and streamlining resulting from labor shortages continue, the company is responding by placing in-house delivery and proprietary logistics at the center of its growth strategy. - FY2019-Q3MitigatedAnnual report
「In addition, as higher logistics costs resulting from labor shortages became a social issue, we strengthened face-to-face channels through individual deliveries by our own vehicles, pursued cost reductions and service improvements, and developed customers.」
The company states that, while logistics costs continue to rise due to labor shortages, it pursued cost reductions and service improvements through individual deliveries by its own vehicles. - FY2019-Q2MitigatedAnnual report
「Labor shortages and the resulting higher logistics costs and efforts to streamline operations have recently become issues in the logistics industry. Since our founding, we have placed logistics at the core of our business management, built proprietary logistics functions and systems, and promoted in-house delivery based on customer contact. As a result, we have continued acquiring customers without being significantly affected.」
The company states that although logistics costs continue to rise due to labor shortages, it has not been significantly affected because of its proprietary logistics system and in-house delivery. - FY2018-Q3First statedAnnual report
「Although we have sought to pass on part of the increase in transport costs resulting from labor shortages through selling price revisions, we believe our policy of relying principally on in-house delivery will strengthen our competitive advantage.」
Higher transportation costs resulting from labor shortages are specified for the first time as an external environmental risk. Although some of the increase has been passed on in selling prices, the company explains that making in-house delivery the general practice creates a competitive advantage.