Labor shortages and tighter working-hour regulations in the logistics industry
First written in FY2018-Q3. 6 of 10 entries say "Worsened", first in FY2018. Latest entry: 2026-07-29.
Weds moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2017: 9 of 16 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- 2026-07-29WorsenedEarnings
「エネルギーや原材料価格の高止まり、物流コストの上昇などに伴う物価高が依然として個人消費の重荷となっており、消費者の節約志向や選択的消費の動きが一段と強まっております。」
物流コストの上昇を含むコスト環境が、個人消費への重荷として引き続き示された。 - FY2026WorsenedAnnual report
「However, even after the “2024 logistics problem,” issues include the worsening shortage of drivers and resulting reductions in scheduled freight services, shortages of warehouse workers and other personnel, the need to respond to logistics fluctuations such as changes in customer production and seasonal market fluctuations, and changes in parts composition associated with the electrification of automobiles.」
The company states that driver and warehouse-worker shortages have continued to worsen even after the “2024 logistics problem,” and identifies the need to respond to fluctuations in customer production, seasonal fluctuations, and changes in parts composition resulting from the shift to EVs as issues. - 2026-06-04RestatedGeneral Meetings of Shareholders
「However, even after the “2024 logistics problem,” issues include the worsening shortage of drivers and resulting reductions in scheduled freight services, shortages of warehouse workers and other personnel, the need to respond to logistics fluctuations such as changes in customer production and seasonal market fluctuations, and changes in parts composition associated with the electrification of automobiles.」
物流2024年問題、ドライバー・庫内作業者不足、顧客の生産変動、物流波動、電動化に伴う部品構成変化を引き続き課題として記載している。 - FY2025WorsenedAnnual report
「However, issues include reduced frequency of scheduled freight services due to the driver shortages symbolized by the “2024 logistics problem,” shortages of warehouse workers and other personnel, the need to respond to logistics fluctuations such as changes in customer production and seasonal market fluctuations, and changes in the composition of automotive parts associated with the shift to electric vehicles.」
In addition to the existing shortages of drivers and warehouse workers and fluctuations in customer production, the company explicitly identifies the “2024 logistics problem,” market-related logistics fluctuations, and changes in parts composition associated with the shift to EVs as issues requiring a response. - FY2025-H1MaterialisedAnnual report
「Although cargo volumes were sluggish for some shippers due to production stoppages at automakers and other factors」
As the company had identified responding to fluctuations in customer production as a logistics-related issue, production stoppages at automakers have now materialized as sluggish cargo volumes for some shippers. - FY2023RestatedAnnual report
「However, in recent years, issues have included reduced frequency of scheduled freight services due to a shortage of truck drivers, shortages of warehouse workers and other personnel, and the need to respond to fluctuations in customer production resulting from semiconductor procurement conditions.」
The company has reaffirmed the shortage of truck drivers, reduced scheduled freight services, shortages of warehouse workers, and the need to respond to fluctuations in customer production resulting from semiconductor procurement conditions as logistics-related issues. - FY2022WorsenedAnnual report
「However, in recent years, the decline in the labor force associated with the declining birthrate and aging population has created issues including reduced frequency of scheduled freight services due to a shortage of truck drivers, shortages of warehouse workers and other personnel, and the need to respond to customers’ production stoppages caused by infectious diseases and semiconductor shortages.」
In addition to reduced scheduled freight services due to driver shortages and shortages of warehouse workers, responding to customer production stoppages caused by infectious diseases and semiconductor shortages has been identified as a logistics-related issue. - FY2021WorsenedAnnual report
「However, in recent years, the decline in the labor force associated with the declining birthrate and aging population has created issues including reduced frequency of scheduled freight services due to a shortage of truck drivers and shortages of warehouse workers and other personnel.」
In addition to reduced scheduled freight services due to a shortage of truck drivers, shortages of warehouse workers have been explicitly identified as an issue, giving concrete form to the logistics industry’s labor-shortage risk. - FY2018WorsenedAnnual report
「The risk of being unable to transport goods due to the recent decline in the labor force, including a shortage of truck drivers resulting from an aging population, has emerged as a major issue. While logistics demand is expected to continue growing, the company will improve the productivity of logistics operations through the optimal placement of logistics facilities and appropriate inventory allocation, actively recruit and train personnel, and advance logistics improvement initiatives to establish an efficient transportation and delivery system.」
In addition to existing labor shortages and tighter regulations, the company explicitly identifies the shortage of drivers due to an aging population and the “risk of being unable to transport goods” as major issues. - FY2018-Q3First statedAnnual report
「The logistics industry has entered a period of transformation as logistics activity expands while labor shortages and tighter working-hour regulations intensify, further increasing the importance of responsiveness and competitiveness.」
This is the first description of the logistics industry environment in which labor shortages and tighter working-hour regulations are advancing alongside logistics expansion, creating a backdrop in which responsiveness and competitiveness are increasingly important.