Logistics Risks from Labor Shortages and Tighter Regulations in the Transportation Industry
First written in FY2021. 5 of 7 entries say "Materialised", first in FY2025-H1. Latest entry: 2026-07-31.
Kyoei Steel moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Materialised".
- 2026-07-31MaterialisedRevisions to earnings forecasts
「建設・物流現場での人手不足を主因とした建設工事の遅延・長期化等の影響などから鋼材需要は弱基調で推移し、」
建設・物流現場の人手不足が工事の遅延・長期化を通じて需要低迷に影響しており、物流・労働環境上のリスクが実績に表れている。 - FY2026MaterialisedAnnual report
「Our Group's core business, the domestic steel business, faces a structurally excessive supply capacity due to the presence of numerous competing electric-arc-furnace steelmakers. Meanwhile, demand for construction steel is expected to continue declining due to delays in and revisions to construction projects resulting from labor shortages and work-style reforms at domestic construction sites, as well as soaring material prices and other factors.」
Labor shortages at construction and logistics sites, work-style reforms, and soaring material prices are being reflected in results as weak demand for construction steel through delays and reviews of construction projects. - 2026-04-30MaterialisedRevisions to earnings forecasts
「国内の建設・物流現場での人手不足による建設工事の遅延・見直しや資材価格高騰などの影響により、建設鋼材需要は低調に推移しました。」
建設・物流現場の人手不足が工事の遅延・見直しを通じて建設鋼材需要の低調さとして実績に表れた。 - FY2026-H1MaterialisedAnnual report
「Domestic steel demand remained sluggish, as labor shortages at construction and logistics sites, delays and extensions to construction schedules caused by extreme heat, and frequent revisions to plans in response to rising material prices and other factors were observed.」
Risks related to logistics and working conditions, including labor shortages at construction and logistics sites and their impact on working practices and construction periods, continue to be reflected in results as weak domestic demand for steel products. - FY2025-H1MaterialisedAnnual report
「In this business segment, domestic construction demand remained subdued. Although corporate capital investment and public investment continued steadily, demand was affected by higher material prices, labor shortages and work-style reforms at construction and logistics sites, and delays and extensions to construction periods caused by exceptionally hot weather.」
While no new risks were identified in the Business and Other Risks section, the discussion of operating results states that labor shortages at construction and logistics sites and work-style reforms affected domestic demand through delays and extensions to construction periods. - FY2022DroppedAnnual reportThe filing's Business and Other Risks section does not list labor shortages and tighter regulations in the transport industry as a standalone item.
- FY2021First statedAnnual report
「If the logistics environment surrounding shipments of the Group's products and deliveries of raw materials and auxiliary materials changes significantly due to labor shortages, tighter regulations, or other factors in the transport industry, higher transport costs and difficulties securing transport capacity may affect the Group's performance.」
Higher transport costs and insufficient transport capacity resulting from labor shortages and tighter regulations in the transport industry were explicitly identified as new business risks.