E-Commerce Expansion and Demand for Logistics IT
First written in FY2018. 8 of 25 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Retail sales continued to trend upward according to the Ministry of Economy, Trade and Industry’s Preliminary Report on the Current Survey of Commerce. However, real consumption expenditure continued to remain weak according to the Ministry of Internal Affairs and Communications’ Family Income and Expenditure Survey. We believe that higher prices are the primary cause of both trends.」
The company reiterates the market environment in which higher retail sales and sluggish real consumer spending coexist, with rising prices as a common factor. - FY2025Stagnant Consumption Due to Higher Prices Coexisting with Efforts to Improve Logistics ProductivityAnnual report
「Japan’s economy during the fiscal year showed temporary signs of recovery from the effects of economic support measures such as wage increases and tax cuts. However, in the latter half of the year, personal consumption stagnated markedly as real wages remained negative, affected by fluctuations in U.S. trade policy and persistently high prices. In the logistics industry, higher prices also continued to make it difficult to forecast cargo volumes. Even under these conditions, the industry is introducing technologies that improve operational productivity as a measure to address the chronic labour shortage and continues to work on responding to the 2024 problem.」
The description of support for consumption from wage growth and tax cuts in the previous interim period has been expanded to include stagnation in personal consumption due to negative real wage trends in the latter half of the fiscal year and difficulty forecasting cargo volumes due to rising prices. Meanwhile, the logistics industry continues to introduce technology and address the 2024 problem. - FY2025-H1Support for Consumption from Wage Growth and Tax Cuts, Constrained by Real WagesAnnual report
「Japan’s domestic economy during the interim accounting period showed a gradual recovery, supported by wage increases and fixed-amount tax cuts for individuals, as well as increased corporate capital investment. However, prices continued to rise and growth in real wages remained limited.」
In addition to the previous coexistence of rising retail sales and weak real consumption, the company describes support for personal consumption from wage increases and fixed-amount tax cuts, alongside limited growth in real wages due to rising prices. - FY2024-Q3Increased Retail Sales Coexisting with Weak Real ConsumptionAnnual report
「Retail sales continued to trend upward according to the Ministry of Economy, Trade and Industry’s Preliminary Report on the Current Survey of Commerce. However, real consumption expenditure continued to remain weak according to the Ministry of Internal Affairs and Communications’ Family Income and Expenditure Survey. We believe that higher prices are the primary cause of both trends.」
The company describes the dual nature of consumption trends, with retail sales continuing to increase while real consumption expenditure remains weak, both driven by higher prices. - FY2024-Q2Increased Retail Sales and Responses to the 2024 Problem Involving Higher CostsAnnual report
「Retail sales, which had remained firm in the cumulative period of the previous quarter, continued to trend upward in the Ministry of Economy, Trade and Industry’s December 2023 Preliminary Report on the Current Survey of Commerce. The logistics industry is also addressing the 2024 problem while bearing higher costs.」
In addition to the post-COVID recovery in consumption and logistics, the company describes the continued upward trend in retail sales and the logistics industry’s response to the 2024 problem while bearing higher costs. - FY2024-Q1Revitalised Consumption, Post-COVID Purchasing Responses and the 2024 ProblemAnnual report
「Against this backdrop, the distribution industry, the company’s principal customer base, is advancing responses to revitalised consumer activity as well as to purchasing styles desired in the post-COVID environment. At the same time, the logistics industry is addressing the 2024 problem in order to maintain its role as social infrastructure.」
In addition to the previous descriptions of post-COVID recovery in consumption and logistics and the smartification of stores, the company identifies revitalised consumer activity, post-COVID purchasing styles and the logistics industry’s response to the 2024 problem. - FY2023Post-COVID Recovery in Consumption and Logistics and Smartification of StoresAnnual report
「The distribution industry in the post-COVID environment has remained firm, supported by increased out-of-home consumption and a recovery in inbound consumption, and logistics volumes have also recovered. Based on lessons learned during the pandemic, the company believes that smartification will advance actively not only in e-commerce but also in store-based sales.」
The description of the business environment has shifted from a focus on e-commerce demand during the pandemic to the post-COVID recovery in out-of-home and inbound consumption and logistics volumes, and progress in smartification including store-based sales. - FY2023-Q3Recovery in Consumer Demand and Purchasing Responses for Living with COVID-19Annual report
「Japan’s domestic economy during the nine months ended [the third quarter] was showing signs of activity as it moved out of the stressful lifestyle caused by COVID-19. The company also determined that the Consumer Confidence Index in the Cabinet Office’s March Consumer Confidence Survey was showing signs of recovery, and believes that consumer demand is gradually returning to previous levels. Against this backdrop, the distribution industry, the company’s principal customer base, is advancing responses to purchasing styles suited to living with COVID-19. At the same time, the logistics industry is seeking, as infrastructure supporting social life, to meet diverse logistics needs extending beyond e-commerce.」
The company states that consumer demand is gradually returning to previous levels, while the distribution industry is adapting to purchasing styles suited to living with COVID-19 and the logistics industry is addressing diverse logistics needs, including those beyond e-commerce. - FY2023-Q2Transition to Living with COVID-19 and Diversification of Logistics NeedsAnnual report
「Japan’s economy during the six months ended [the second quarter] was transitioning to living with COVID-19, as reflected in a year-end shopping season without restrictions on movement. In response to these changes, companies in the distribution industry, the company’s principal customer base, have begun preparing to address the new normal. At the same time, the logistics industry is seeking, as infrastructure supporting social life, to meet diverse logistics needs extending beyond e-commerce.」
The company states that the business environment is transitioning to living with COVID-19, against a backdrop including a year-end shopping season without restrictions on movement, and that the logistics industry’s scope of response is expanding to diverse logistics needs beyond e-commerce. - FY2022Entrenchment of the New Normal and Diversification of Logistics NeedsAnnual report
「Although Japan’s economy during the consolidated fiscal year was affected by COVID-19, it gradually began to return to its previous state. However, this recovery is taking place against a backdrop of changed patterns of behaviour fundamentally altered by the prolonged pandemic, and we believe these changes will become increasingly established.」
In addition to the previous spread of infections and increased e-commerce logistics volumes, the company identifies the entrenchment of behaviour changed by the pandemic and the need to address diverse logistics requirements as part of the business environment. - FY2022-Q3The New Normal, Rising E-Commerce Logistics Volumes and Supply Chain DisruptionsAnnual report
「In the distribution industry, the company’s principal customer base, companies have begun preparing to respond with an awareness of the new normal and to recover to pre-COVID levels, despite global supply chain disruptions. The logistics industry, which is responding to these changes in distribution, is working as infrastructure supporting social life to address increasing logistics volumes, particularly those accompanying growth in e-commerce sales, and the company has likewise focused on meeting this demand.」
The company states that, despite supply chain disruptions, the distribution industry is progressing toward a recovery to pre-COVID levels and preparing to address the new normal, while the logistics industry continues to address logistics volumes accompanying increased e-commerce sales. - FY2022-Q2Recovery in Distribution Demand Coexisting with Concerns over New VariantsAnnual report
「In the distribution industry, the company’s principal customer base, normal business operations have been restored and sales volumes during the year-end shopping season, the industry’s biggest business opportunity, have recovered to a reasonable level, bringing the situation to a temporary lull. However, reports of new variants emerging toward year-end make it clear that the outlook cannot yet be viewed optimistically. In response, the number of companies engaging in online sales, a non-face-to-face and contactless sales channel, continues to increase, and the market is expected to expand further and competition to intensify.」
While normal operations and year-end shopping season sales volumes recovered in the distribution industry, concerns over new variants were raised, and continued increases in companies engaging in online sales, market expansion and intensifying competition are expected. - FY2022-Q1E-Commerce Market Expansion Coexisting with Intensifying CompetitionAnnual report
「In response, more companies are engaging in e-commerce, a non-face-to-face and contactless sales channel, and the market is expected to expand further and competition to intensify.」
The company states that the number of companies engaging in e-commerce and the market are expanding, while competition is also expected to intensify, explicitly identifying the competitive environment alongside demand growth. - FY2021-Q3RestatedAnnual report
「Against this backdrop, the logistics industry, the company’s principal customer, is working to address increasing logistics demand driven by the acceleration of e-commerce while implementing measures to prevent COVID-19 as infrastructure supporting social life.」
The company reiterates that logistics demand driven by the acceleration of e-commerce continues to increase and that the logistics industry, its principal customer, is working to address it. - FY2021-Q2Stronger E-Commerce Demand and Stagnant Store InvestmentAnnual report
「In the distribution industry, demand for inventory management systems to support initiatives to strengthen e-commerce has increased further in response to the reissuance of requests to suspend operations amid the resurgence of infections, while companies continue to take a wait-and-see approach to system investment in physical stores.」
The company describes a demand structure in which, against the backdrop of a resurgence in infections, demand for inventory management systems to strengthen e-commerce is increasing, while investment in systems for physical stores remains on hold. - FY2021-Q1RestatedAnnual report
「Among the distribution industry’s customers, who are the company’s principal customers, demand for B-to-C businesses increased through stay-at-home consumption despite the impact of calls for stores to suspend operations.」
The company continues to describe the impact of store closures alongside increased B-to-C demand from stay-at-home consumption. - FY2020Changes in Demand Structure Driven by Stay-at-Home ConsumptionAnnual report
「Among the distribution industry’s customers, who are the company’s principal customers, demand for B-to-C businesses increased through stay-at-home consumption despite the impact of calls for stores to suspend operations. The resulting increase in the logistics burden has made the shortage of workers supporting logistics an even more serious issue.」
The company states that, while store closures had an impact, stay-at-home consumption increased B-to-C demand and the logistics burden. - FY2020-Q3Increasing Uncertainty over Demand ImpactAnnual report
「Among the distribution industry’s customers, who are the company’s principal customers, some have experienced increases or decreases in volumes handled depending on the products they handle, but such cases remain limited at present, and the impact on the company’s performance remains unclear.」
The company states that customers in the distribution industry have experienced differing increases or decreases in volumes handled depending on their products, and that the impact on the company’s performance is unclear, adding uncertainty to the previously strong outlook for logistics and inventory management demand. - FY2020-Q2RestatedAnnual report
「Among the distribution industry’s customers, who are the company’s principal customers, demand for inventory management systems remains strong amid the shift toward subscription-based offerings for mail-order products and the integration of online and offline channels, while delivery charges, which account for a high proportion of logistics costs, have also become an issue.」
The company states that demand for inventory management systems remains strong, driven by subscription-based offerings and the integration of online and offline channels. - FY2020-Q1RestatedAnnual report
「Demand for real-time inventory management to support those sales is also increasing.」
The company states that demand for real-time inventory management is increasing, driven by subscription-based offerings and the integration of online and offline channels. - FY2019AdvancedAnnual report
「As domestic companies continued to shift toward e-commerce, the number of parcels handled in FY2017 reached 4.21 billion, up 5.8% year on year.」
The company presents the increase in parcel volumes to 4.21 billion and describes the expansion of e-commerce and demand for real-time inventory management as a growth environment. - FY2019-Q3RestatedAnnual report
「Among the distribution industry’s customers, who are the company’s principal customers, initiatives toward rental-based models are emerging for apparel and other products that have traditionally been major mail-order items. Investment appetite is expected to remain strong for labour-saving and automation measures, including real-time inventory management and responses to increasingly complex warehouse operations.」
The company states that the distribution industry is expected to maintain strong investment appetite for real-time inventory management, responses to increasingly complex warehouse operations, and labour-saving and automation measures. - FY2019-Q2RestatedAnnual report
「Against this backdrop, among the distribution industry’s customers, who are the company’s principal customers, willingness to invest in real-time inventory management remains strong, and this trend is expected to continue for the foreseeable future.」
The company reiterates its view that willingness to invest in real-time inventory management remains strong in the distribution industry and will continue for the foreseeable future. - FY2019-Q1RestatedAnnual report
「Against this backdrop, among the distribution industry’s customers, who are the company’s principal customers, willingness to invest in real-time inventory management remains strong, and this trend is expected to continue for the foreseeable future.」
The company states that willingness to invest in real-time inventory management remains strong in the distribution industry. - FY2018First statedAnnual report
「As domestic companies continued to shift toward e-commerce, the number of parcels handled in FY2016 reached 4.01 billion, up 7.3% year on year.」
The company describes the expansion of e-commerce and the increase in parcel volumes as market conditions driving increased demand for inventory management.