Supply Impact from Disruptions in Maritime Logistics
First written in FY2021-Q3. 5 of 9 entries say "Restated". Latest entry: FY2023-Q3.
Daiichi Kigenso Kagaku-Kogyo 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 2021: 12 of 22 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period (1 April 2022 to 31 December 2022), economic and social disruption caused by COVID-19 had not been fully resolved. Prolonged economic sanctions associated with Russia's invasion of Ukraine and restrictions on activity under China's zero-COVID policy further exacerbated supply chain disruptions.」
The Company explained that supply chain disruptions caused by economic sanctions, restrictions on logistics and restrictions on activity, among other factors, continued. - FY2023-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period (1 April 2022 to 30 September 2022), economic and social disruption caused by COVID-19 had not been fully resolved. Prolonged economic sanctions and restrictions on logistics routes associated with Russia's invasion of Ukraine, as well as restrictions on activity under China's zero-COVID policy, further exacerbated supply chain disruptions.」
The Company explained that supply chain disruptions caused by restrictions on logistics routes and restrictions on activity in China, among other factors, continued. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period (1 April 2022 to 30 June 2022), economic and social disruption caused by COVID-19 had not been fully resolved. Prolonged economic sanctions and restrictions on logistics routes associated with Russia's invasion of Ukraine, as well as restrictions on activity under China's zero-COVID policy, further exacerbated supply chain disruptions.」
The Company states that restrictions on logistics routes and China's restrictions on activity further exacerbated disruption in the supply chain caused by disruption in ocean and overseas logistics. - FY2022WorsenedAnnual report
「If the prolonged disruption in global logistics continues to cause delays and other problems in transporting the Group's products overseas, as well as higher transportation costs, the Group may need to raise inventory levels to provide products to customers in a timely manner. Increased transportation expenses and other factors could affect the Group's operating results and financial condition.」
The prolonged disruption in logistics was identified as a risk that could affect the Group through transportation delays, higher transportation costs, inventory levels and transportation expenses. - FY2022-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period (1 April 2021 to 31 December 2021), global economic and social activity continued to be disrupted intermittently by the prolonged spread of COVID-19, although conditions varied by country and region. In addition, reduced automobile production caused by shortages of semiconductors and other components and supply chain disruptions caused by tight ocean freight capacity remained unresolved, continuing to weigh on the recovery of the global economy.」
Reduced automobile production caused by shortages of semiconductors and other components, and supply chain disruptions caused by tight ocean freight capacity, remained unresolved and continued to weigh on the recovery of the global economy. - FY2022-Q2WorsenedAnnual report
「The shortage of semiconductors and other components and raw materials has led to reduced automobile production, while supply chain disruptions caused by tight ocean freight capacity and higher logistics costs are slowing the recovery of the global economy.」
In addition to supply chain disruptions caused by tight ocean freight capacity, higher logistics costs were explicitly identified as a factor slowing the recovery of the global economy, broadening the scope of the impact of logistics risks. - FY2022-Q1RestatedAnnual report
「However, conditions remain unpredictable due to semiconductor shortages and disruption in overseas logistics, among other factors.」
The Company states that disruption in ocean and overseas logistics continues to be a source of uncertainty in the supply chain. - FY2021RestatedAnnual report
「However, differences in the scale of the spread of COVID-19 and policy support have resulted in diverging recovery trends across countries, regions and industries. In addition, supply chain disruptions caused by semiconductor shortages and tight ocean freight capacity accompanying the sharp recovery in global economic activity have left considerable uncertainty about the outlook.」
Tight ocean freight capacity and supply chain disruptions continue to create uncertainty about the outlook. - FY2021-Q3MaterialisedAnnual report
「In addition, ocean freight was disrupted as a result of the sharp recovery in global economic activity coinciding with year-end cargo demand, and the effects of the disruption continue at present.」
The Company explained that disruption in ocean freight actually occurred against the backdrop of the sharp recovery in global economic activity and year-end cargo demand, and that its effects continued as of the filing date.