Surging logistics-related costs, including transportation expenses
First written in FY2018. 6 of 16 entries say "Worsened", first in FY2019-Q2. Latest entry: 2026-10-30.
Doshisha moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 19 of 29 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- 2026-10-30RestatedEarnings
「為替相場の変動に加え、原材料価格や物流費、人件費などの各種コストの上昇が継続し、企業による価格転嫁や販売効率化への取り組みが引き続き求められるなど、厳しい経営環境が続きました。」
為替、原材料価格、物流費、人件費などのコスト上昇と、価格転嫁・販売効率化の必要性を再確認している。 - FY2026RestatedAnnual report
「The difficult business environment continues in the distribution industry in which our Group operates, as various costs, including raw materials and logistics, continue to rise and efforts to pass costs on to customers and improve sales efficiency remain necessary.」
It reconfirms the rise in costs such as raw materials and logistics, as well as the difficult distribution environment in which passing costs on to customers and improving sales efficiency are required. - 2026-05-12WorsenedEarnings
「The difficult business environment continues in the distribution industry in which our Group operates, as various costs, including raw materials and logistics, continue to rise and efforts to pass costs on to customers and improve sales efficiency remain necessary.」
原材料費・物流費を含む各種コストについて「さらなる上昇」と記載し、コスト上昇と価格転嫁・販売効率化の必要性をより強く示している。 - FY2026-H1RestatedAnnual report
「The difficult business environment in the distribution industry in which our Group operates continues, with various costs, including raw materials and logistics, continuing to rise and efforts to pass costs on to customers and improve sales efficiency being required.」
It reconfirms the continued rise in costs such as raw materials and logistics, as well as the persistence of a difficult distribution environment. - FY2025WorsenedAnnual report
「Depending on the recent decline in Japan's working-age population and rising labor costs, further increases in logistics costs are expected to remain a concern.」
The risk of higher logistics costs continues to be explicitly identified, and packing and transportation expenses have also risen from ¥4,065 million in the prior fiscal year to ¥4,420 million. - FY2025-H1WorsenedAnnual report
「The distribution industry in which our Group operates continues to face a difficult business environment, owing to rising costs including raw materials, logistics and labor, as well as growing consumer awareness of protecting household finances amid higher prices for electricity and everyday necessities.」
It identifies higher logistics costs, alongside raw material and labor costs, as an ongoing driver of cost increases. Packing and transportation expenses in selling, general and administrative expenses also rose from ¥1,944 million in the same period of the prior year to ¥2,229 million. - FY2023RestatedAnnual report
「The Group has established its own logistics facilities in Sennan, Osaka, and Kisarazu, Chiba. By operating a two-site network in eastern and western Japan, it is improving logistics efficiency and addressing logistics costs.」
While pointing to the risk of higher logistics costs due to a declining labor force and rising labor costs, it continues to pursue efficiency improvements and countermeasures through its two-location structure covering western and eastern Japan. - FY2021MitigatedAnnual report
「The Group previously had its own logistics facility in Sennan, Osaka, but since 2017 it has also established its own logistics facility in Kisarazu, Chiba. By operating a two-site network in eastern and western Japan, it is addressing future increases in logistics costs.」
It explicitly identifies the two-location structure in Sennan and Kisarazu, covering western and eastern Japan, as a measure to address soaring logistics costs. - FY2020WorsenedAnnual report
「Against the backdrop of the recent decline in Japan's working-age population and soaring labor costs, further increases in logistics costs are expected to remain a concern.」
It explicitly identifies the risk that logistics costs will rise further, against the backdrop of a declining domestic working-age population and soaring labor costs. - FY2020-Q3RestatedAnnual report
「The distribution industry in which our Group operates continues to see an upward trend in labor and logistics costs.」
It reconfirms the view that labor and logistics costs continue to trend upward. - FY2020-Q2RestatedAnnual report
「The distribution industry in which our Group operates continues to see an upward trend in labor and logistics costs.」
It reconfirms the view that labor and logistics costs continue to trend upward. - FY2020-Q1WorsenedAnnual report
「The distribution industry in which our Group operates is also seeing rising labor and logistics costs, and the difficult business environment is expected to continue ahead of the consumption tax increase scheduled for October 2019.」
It explicitly states that labor and logistics costs are trending upward, making the risk from logistics-related costs more concrete. - FY2019MaterialisedAnnual report
「Segment profit was also affected by soaring logistics costs.」
It states that soaring logistics costs actually affected segment profit for the development-oriented business model in the current fiscal year. - FY2019-Q2WorsenedAnnual report
「Selling, general and administrative expenses exceeded the level in the same period of the previous year due to higher logistics costs and other factors, but going forward the Company will work to reassess the allocation of logistics centers, including those operated by partners, ship from appropriate locations, and upgrade its logistics management systems.」
Higher logistics costs have surfaced as a year-on-year increase in selling, general and administrative expenses, with packing and transportation expenses also rising from ¥1,821 million in the same period of the prior year to ¥2,245 million. - FY2019-Q1MaterialisedAnnual report
「In the distribution industry in which the group operates, difficult conditions continue due to intensifying sales competition across industries and business formats as companies seek differentiation, as well as rising logistics costs.」
The increase in logistics costs is described as an actual business-environment factor affecting the challenging conditions in the distribution industry. - FY2018First statedAnnual report
「The outlook for personal consumption is expected to remain uncertain due in part to the impact of global developments on Japan, and logistics-related costs, including transportation expenses, are also expected to rise.」
In addition to uncertainty surrounding personal consumption, the company identified rising logistics-related costs, including transportation expenses, for the first time as a risk in the future operating environment.