Impact of Container Shortages Bound for the United States on Freight Costs and Profit
First written in FY2022-Q1. 4 of 11 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2021: 3 of 10 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Logistics-related expenses declined as the surge in transportation costs caused by the prolonged situation in Ukraine subsided and the company proceeded with a review of transportation routes and methods.」
Transportation routes and methods were reviewed in response to higher transportation costs, reducing logistics-related expenses. - FY2024MitigatedAnnual report
「Logistics-related expenses declined as the surge in transportation costs caused by the prolonged situation in Ukraine subsided and the company proceeded with a review of transportation routes and methods.」
As the business faced higher freight costs for shipments to the United States and other logistics costs, transportation routes and methods were reviewed, reducing logistics-related expenses. - FY2024-Q3RestatedAnnual report
「In the Americas, strong demand for home blood pressure monitors in the United States continued, and sales increased, mainly on large projects. Profit also increased through freight cost controls and the product mix.」
The business continued to improve profit through freight cost controls and the product mix, offsetting the burden of freight costs for shipments to the United States. - FY2024-Q2MitigatedAnnual report
「Profit also increased through freight cost reductions and the product mix.」
Against the backdrop of higher freight costs for shipments to the United States weighing on profit, profit in the Americas medical and health equipment business increased through freight cost reductions and a favorable product mix. - FY2024-Q1MitigatedAnnual report
「In the Americas, demand for household blood pressure monitors in the United States remained strong, and sales increased, mainly on large-scale projects. Profit also increased due to lower transportation costs and the product mix.」
Against the backdrop of higher freight costs for shipments to the United States weighing on profit, profit in the Americas medical and health equipment business increased through freight cost reductions and a favorable product mix. - FY2023-Q3MaterialisedAnnual report
「However, profit declined because of higher freight costs for shipments to the United States, including air freight.」
Higher freight costs for shipments to the United States continued to arise as a factor reducing profit in the medical and health equipment business. - FY2023-Q2MaterialisedAnnual report
「However, profit declined because of higher freight costs for shipments to the United States, including air freight.」
Higher freight costs for shipments to the United States continued to arise as a factor reducing profit in the medical and health equipment business. - FY2023-Q1MaterialisedAnnual report
「Higher freight costs for shipments to the United States, including air freight, also affected profit, which declined.」
Higher freight costs for shipments to the United States actually arose as a factor reducing profit in the medical and health equipment business. - FY2022-Q3RestatedAnnual report
「In the Americas, shipments of large projects and products for veterans continued steadily in the United States. However, sales were roughly in line with the previous fiscal year, partly because temporary demand related to infectious diseases in Canada had subsided, while profit declined because of higher freight costs.」
In the Americas, higher freight costs continued to be cited as a factor behind lower profit, with the impact of logistics costs persisting. - FY2022-Q2RestatedAnnual report
「In the Americas, shipments of large projects in the United States have continued, and demand for products for veterans has recovered. However, sales and profit both declined because of logistics delays caused by the container shortage and the end of the temporary demand related to infectious diseases in Canada.」
Logistics delays caused by the container shortage for shipments to the United States continued, and, together with the end of temporary demand in Canada, were cited as factors behind the decline in sales and profit in the medical and health equipment business. - FY2022-Q1First statedAnnual report
「The container shortage for shipments to the United States increased air freight, while expenses also rose as economic and business activity recovered, resulting in lower profit.」
The company states that the container shortage for shipments to the United States increased air freight costs, reducing profit in the medical and health equipment business through higher expenses.