Increase in Logistics Costs Due to Container Shortages
First written in FY2021-Q1. 6 of 11 entries say "Restated". Latest entry: FY2026-H1.
Nichirin moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 11 of 24 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Tensions in the Middle East are affecting crude oil prices and logistics costs and continue to be closely monitored as a downside risk to the global economy.」
As the previous pressure from container shortages and higher logistics costs had eased, higher crude oil prices and logistics costs driven by tensions in the Middle East are now identified as a new logistics risk. - FY2023MitigatedAnnual report
「Although the business environment was constrained by external factors such as these, consolidated performance for fiscal 2023 reached a record high, supported by higher foreign-currency-denominated revenue due to the yen's depreciation, market recovery, and the subsiding of the prolonged surge in logistics costs. All regions and companies in the Group became profitable.」
The Company reports that the prolonged surge in logistics costs subsided, easing the earnings pressure from higher logistics costs compared with the previous year. - FY2023-Q3RestatedAnnual report
「Some production was transferred to Japan and Asia in response to labor shortages and rising labor costs, while improved logistics costs resulted in operating income of ¥865 million (¥94 million in the same quarter of the previous year).」
The Company reports that logistics costs in North America continued to improve, with the impact of higher logistics costs associated with container shortages and other factors remaining more contained than before. - FY2023-Q2MitigatedAnnual report
「Some production was transferred to Japan and Asia in response to labor shortages and rising labor costs, while lower logistics costs resulted in operating income of ¥578 million (¥10 million in the same quarter of the previous year).」
The Company reports that logistics costs declined in North America, indicating that the factors driving higher logistics costs through the previous year have eased in that segment. - FY2022RestatedAnnual report
「The supply shortage of semiconductors and other components that began last year, surging energy and raw material prices, and disruption to logistics networks intensified, leading to inflation around the world.」
The uncertain business environment related to logistics network disruptions and rising logistics costs, including ocean freight, continues. - FY2022-Q2RestatedAnnual report
「The effects of soaring raw material prices, turmoil in financial markets and the weakening yen have become apparent. Global shortages of components and raw materials have also continued for an extended period, and the uncertain business environment persists. The Group will continue to monitor developments, work to minimize their impact on business activities, and take appropriate action in a timely manner.」
The uncertain business environment, including shortages of components and raw materials and logistics disruptions, continues. - FY2022-Q1RestatedAnnual report
「Russia's invasion of Ukraine has further exacerbated the shortages of semiconductors and other components that have continued since last year, soaring energy and raw material prices, and disruptions to logistics networks, increasing uncertainty surrounding future economic activity and national security.」
The disruption to logistics networks related to container shortages and higher logistics costs has not subsided and was further exacerbated by Russia's invasion of Ukraine. - FY2021RestatedAnnual report
「In North America, the impact of customer production stoppages due to severe winter weather at the beginning of the year and customer production cuts due to the semiconductor shortage continued to grow. However, performance improved compared with the previous year, which was heavily affected by COVID-19. Revenue was ¥9,587 million (¥8,815 million in the previous consolidated fiscal year). Although logistics costs increased due to container shortages, operating profit was ¥346 million (¥195 million in the previous consolidated fiscal year).」
While noting that higher logistics costs due to container shortages continued in North America, revenue and operating profit improved from the previous year. - FY2021-Q3WorsenedAnnual report
「The uncertain business environment has continued, including soaring raw material prices and higher ocean freight rates resulting from container shortages.」
The higher logistics costs caused by container shortages, previously reported for the North American segment, have expanded into a broader business risk, now described as higher ocean freight rates attributable to container shortages. - FY2021-Q2RestatedAnnual report
「In North America, customer production cuts caused by the semiconductor shortage and severe winter weather at the beginning of the year weighed on the market. However, performance was trending toward recovery compared with the previous year, which was heavily affected by COVID-19. Revenue was ¥4,864 million (¥3,561 million in the same quarter of the previous year), while logistics costs increased due to container shortages, and operating profit was ¥110 million (an operating loss of ¥151 million in the same quarter of the previous year).」
Higher logistics costs due to container shortages continued in North America. Meanwhile, revenue increased and performance improved from an operating loss to an operating profit. - FY2021-Q1First statedAnnual report
「In North America, the market had been showing clear signs of recovery from COVID-19 since last autumn. However, major customers reduced production due to the semiconductor shortage and severe winter weather. As a result, revenue was ¥2,484 million (¥2,583 million in the same quarter of the previous year), while logistics costs increased due to container shortages, and operating profit was ¥31 million (¥33 million in the same quarter of the previous year).」
In the North American segment, higher logistics costs due to container shortages are disclosed separately for the first time as a factor contributing to lower operating profit.