Increase in Transportation Costs Due to Container Shortages
First written in FY2021-Q2. 4 of 9 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2023-Q3.
Hi-Lex 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 2026: 8 of 11 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Persistently high transportation costs due to the global container shortage and other factors」
Persistently high transportation costs associated with the global container shortage continue to weigh on operating results company-wide and in North America, Japan and Europe. - FY2023-Q2RestatedAnnual report
「Despite efforts to reduce costs and improve productivity, operating results were an operating loss of ¥694 million, compared with an operating loss of ¥915 million in the same period of the previous year, due in part to higher material, transportation and logistics costs, mainly at subsidiaries in Germany, Hungary and Spain.」
Higher transportation and logistics costs continue to be identified as factors behind the operating loss in Europe. - FY2023-Q1RestatedAnnual report
「Although the Group worked as one to reduce costs, operating income was ¥148 million, up ¥29 million, or 24.6%, year on year, due to the impact of persistently high resource and raw material prices and logistics costs, mainly as a result of global inflation, delays in passing these higher costs through to selling prices, higher labor costs caused by tight labor markets and other factors.」
Persistently high logistics costs continue to be identified as a factor behind the deterioration in operating results. Operating income improved through cost reductions, but persistently high logistics costs and delays in passing them through into prices remain. - FY2022WorsenedAnnual report
「Operating results were an operating loss of ¥4,856 million, compared with operating income of ¥685 million in the same period of the previous year, due to higher material costs accompanying surging resource and material prices, a sharp increase in procurement costs resulting from the semiconductor supply shortage, persistently high transportation costs due to the global container shortage and other factors, tight labor markets mainly in the United States, and lower production efficiency associated with responses to customer shutdowns and production cuts.」
Persistently high transportation costs due to the global container shortage continued and, together with higher material, procurement and labor costs, contributed to the Group-wide operating loss. - FY2022-Q3RestatedAnnual report
「Persistently high transportation costs due to the global container shortage and other factors」
Persistently high transportation costs due to the global container shortage continue to be identified as a factor behind the deterioration in operating results. - FY2022-Q2WorsenedAnnual report
「The company recorded an operating loss of ¥416 million, compared with operating income of ¥3,494 million in the same period of the previous year, due to higher material costs resulting from surging resource and raw material prices, persistently high transportation costs caused by the global container shortage and other factors, and sluggish production efficiency and higher labor costs amid tight labor markets, mainly in the United States.」
Persistently high transportation costs due to the global container shortage continued and, together with higher material costs and labor expenses, reduced operating income and contributed to the operating loss. - FY2022-Q1WorsenedAnnual report
「Operating income was ¥119 million, down ¥1,927 million, or 94.2%, year on year, due to higher material costs resulting from surging global resource and raw material prices, persistently high transportation costs caused by the global container shortage and other factors, and sluggish production efficiency and higher labor costs amid tight labor markets, mainly in the United States.」
Persistently high transportation costs due to the container shortage and other factors remained above expectations and, together with higher material costs and labor expenses, significantly reduced operating income. The impact of logistics constraints on profits is continuing and expanding. - FY2021-Q3WorsenedAnnual report
「Persistently high transportation costs due to the global container shortage and other factors」
The container shortage has continued, with persistently high transportation costs increasingly affecting operating results. - FY2021-Q2First statedAnnual report
「Due to higher transportation costs resulting from the container shortage and other factors,」
Higher transportation costs due to the container shortage and other factors were explicitly identified for the first time as a factor behind the operating loss in Europe, showing that logistics constraints are affecting actual profits.