Global Component Sourcing Difficulties, Container Shortages and Soaring Freight Costs
First written in FY2021. 6 of 14 entries say "Materialised", first in FY2022-Q1. Latest entry: 2026-07-10.
Hks moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 62 of 108 companies on the "Worse" side.
46 other companies' latest entry also says "Worsened".
- 2026-07-10WorsenedEarnings
「Risks include persistently high crude oil prices and supply chain disruptions if the turmoil surrounding the situation in the Middle East is prolonged.」
The possibility of supply chain disruptions originating from the situation in the Middle East was identified as a logistics and supply risk. - FY2025WorsenedAnnual report
「Selling and transportation expenses also increased significantly year on year, mainly due to the impact of tariffs on shipments to the United States, while personnel expenses rose as a result of salary increases and other factors.」
The existing issue of logistics costs was compounded by higher selling and transportation expenses resulting from the impact of tariffs on shipments to the United States. - FY2024MitigatedAnnual report
「Selling and transportation expenses declined significantly year on year, mainly due to lower sales to North America and lower freight rates.」
Regarding transportation costs, which had been an issue through the previous fiscal year, selling and transportation expenses declined as freight rates fell. Meanwhile, lower overseas demand remained a separate issue. - FY2024-Q2WorsenedAnnual report
「Delays to vessels transiting the Panama Canal due to water shortages remain severe, while bookings have become concentrated on alternative routes via the Cape of Good Hope and elsewhere, resulting in delays to shipments bound for the east coast of North America and delays in recognizing sales.」
Delays to vessels in the Panama Canal remained severe, and, compounded by concentrated bookings on alternative routes, actually resulted in delays to shipments bound for the east coast of North America and delays in recognizing sales. - FY2024-Q1MaterialisedAnnual report
「Sales declined, particularly overseas sales, due in part to headwinds such as delays to some shipments bound for the US, our main market, caused by lower water levels resulting from water shortages in the Panama Canal.」
Regarding logistics risks, lower water levels in the Panama Canal caused by water shortages actually resulted in delays to some vessels bound for the United States, contributing to a decline in overseas sales. - FY2023MitigatedAnnual report
「During the consolidated fiscal year under review, Japan's economy continued to recover moderately, supported by progress toward the normalization of socioeconomic activity and the easing of supply constraints, despite downward pressure from rising prices against a backdrop of yen depreciation and the slower pace of recovery in overseas economies.」
Although the impact of supply constraints was described as easing, downward pressure from yen depreciation, rising prices and the slowdown in overseas economies remained. - FY2023-Q3ReframedAnnual report
「During the nine-month cumulative period of the current consolidated fiscal year, Japan's economy recovered gradually as restrictions on movement were eased under the post-COVID environment, including the reclassification of COVID-19 under the Infectious Diseases Control Law as a Category V infectious disease.」
Although the impact of infectious diseases and supply constraints was described as easing, higher selling and transportation expenses resulting from increased shipments to the United States remained, indicating that improvements in the supply and logistics environment coexisted with continued cost burdens. - FY2023-Q2ReframedAnnual report
「During the six-month period, Japan’s economy continued to show signs of recovery, supported by accommodative financial conditions and the effects of government economic measures, even as it faced downward pressure from higher resource prices and a slowdown in overseas economies, while the impact of COVID-19 and supply constraints eased.」
Although the impact of infectious diseases and supply constraints was described as easing, higher selling and transportation expenses associated with increased shipments to the United States and persistently high ocean freight rates remained, indicating that supply and logistics risks had not been fully resolved. - FY2023-Q1MaterialisedAnnual report
「In terms of earnings, factory utilization remained firm as sales of in-house products increased. However, in addition to the decline in gross profit margin due to soaring raw material and electricity costs, selling and transportation expenses increased because of persistently high ocean freight rates, while personnel expenses rose due to salary increases and travel and transportation expenses increased as business trips and similar activities grew with the shift to living with COVID-19, resulting in selling, general and administrative expenses also increasing year on year,」
Persistently high ocean freight rates continued to increase selling and transportation expenses, weighing on profit together with soaring raw material and electricity costs and other factors. - FY2022MaterialisedAnnual report
「In overseas markets, securing ocean freight capacity and rising transportation costs continued to pose challenges. However, strong shipments to the United States drove demand, and muffler products, suspension products and superchargers performed well, resulting in total sales exceeding those of the previous fiscal year.」
While difficulties securing ocean freight capacity and rising transportation costs continued as actual business challenges, demand in the United States drove overall overseas sales higher despite these conditions. - FY2022-Q3MaterialisedAnnual report
「In overseas markets, difficulties securing ocean freight capacity remained, and shipments to China were held up for approximately 2 months due to the impact of China's zero-COVID policy,」
The logistics disruptions and transportation constraints identified from the previous fiscal year materialized as difficulties securing ocean freight capacity and the suspension of shipments to China for approximately 2 months. - FY2022-Q2MaterialisedAnnual report
「However, close attention must be paid to the impact of the spread of infections, supply-side constraints such as semiconductor shortages, concerns over global inflation caused by rising raw material prices and energy costs, and heightened political, military and social tensions following Russia's invasion of Ukraine.」
In addition to supply constraints such as semiconductor shortages, higher raw material and energy costs were identified as continuing external factors. - FY2022-Q1MaterialisedAnnual report
「At the company, securing ocean freight capacity was extremely difficult, and rising raw material prices and transportation costs made it unavoidable to revise prices for some products.」
Parts procurement difficulties and logistics disruptions and soaring transportation costs, identified in the previous fiscal year as factors affecting the next fiscal year, actually materialized as difficulties securing ocean freight capacity and price revisions. In addition, parts procurement difficulties caused by shortages of materials, including semiconductors, and supply chain disruptions were identified globally. - FY2021First statedAnnual report
「There are many factors that may affect revenue and profit in the next fiscal year, including global parts procurement difficulties, which are likely to intensify further, as well as container shortages and soaring transportation costs.」
Global parts procurement difficulties, container shortages and soaring transportation costs were first collectively identified as new external factors affecting revenue and profit in the next fiscal year. Price revisions due to higher raw material prices and transportation costs had already occurred separately as an existing risk.