Decrease in logistics handling volume and increase in warehouse costs due to higher beverage product prices
First written in FY2024-Q1. 4 of 7 entries say "Worsened", first in FY2024-Q2. Latest entry: FY2026.
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- FY2026RestatedAnnual report
「Although vehicle sourcing costs increased due to the logistics industry's 2024 problem, the company worked to negotiate more appropriate logistics costs and improve transportation efficiency.」
Although higher vehicle procurement costs due to logistics constraints have continued, the Transportation and Warehousing segment posted a 5.2% increase in revenue and a 14.4% increase in operating profit, reflecting negotiations to optimize logistics costs and improved transport efficiency. - FY2026-H1WorsenedAnnual report
「On the other hand, vehicle sourcing costs increased substantially due to the impact of the logistics industry's 2024 problem.」
In addition to the decline in beverage volumes handled and higher storage costs, increased vehicle procurement costs resulting from the 2024 logistics issue are described as a burden on the profitability of the Transportation and Warehousing segment. - FY2025WorsenedAnnual report
「Meanwhile, on the earnings front, costs associated with the launch of new centers increased, including labor and vehicle dispatch costs resulting from restrictions on drivers’ overtime hours and shortages of personnel and vehicles. As a result, revenue in the transportation and warehousing segment was ¥42,093 million, up 6.5% year on year, while operating profit was ¥940 million, down 15.8%.」
Although logistics volumes handled and revenue increased, operating profit fell 15.8% year on year due to labor and vehicle shortages, limits on overtime work, and the cost of new centers. - FY2024WorsenedAnnual report
「Revenue in the transportation and warehousing business was ¥39,509 million, down 1.8% from the previous fiscal year, while operating profit was ¥1,117 million, down 16.1%.」
Lower handling volumes of beverage products, weaker vehicle utilization, higher inventory and storage costs, and persistently high fuel costs continued, resulting in lower revenue and lower profit for the fiscal year. - FY2024-Q3RestatedAnnual report
「Our group's transportation and warehousing business reported lower revenue and profit as handling volumes of its core beverage products declined, resulting in lower vehicle utilization, higher storage costs associated with increased inventory, and persistently high fuel costs.」
The company reconfirmed that lower handling volumes of beverage products led to lower vehicle utilization, higher inventory and storage costs, and persistently high fuel costs, contributing to lower revenue and lower profit in the transportation and warehousing segment. - FY2024-Q2WorsenedAnnual report
「The Group’s transportation and warehousing segment recorded lower revenue and lower profit due to a decline in handling volumes caused by weaker consumption in the beverage industry, as well as lower productivity within warehouses and higher storage costs associated with increased inventory resulting from lower shipments, together with higher fuel and electricity costs caused by rising energy prices.」
In addition to lower handling volumes due to weaker beverage consumption, increased inventory, lower warehouse productivity, higher storage costs and higher fuel and electricity costs combined to result in lower revenue and lower profit in the transportation and warehousing segment. - FY2024-Q1First statedAnnual report
「In the transportation and warehousing segment, handling volumes declined as consumption fell following price increases for beverage-related products. The resulting lower utilization of the company’s trucks and higher warehousing costs due to a temporary increase in the inventory of stored cargo, among other factors, led to lower revenue and lower profit.」
The decline in consumption following beverage price increases materialized in lower handling volumes, lower truck utilization, a temporary increase in stored inventory and higher warehousing costs, resulting in lower revenue and lower profit in the transportation and warehousing segment.