Insufficient transportation capacity due to the 2024 logistics problem
First written in FY2023. 2 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2024: 10 of 30 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Accordingly, the Act on the Efficiency of Distribution of Goods will come into force in April 2026. To address this issue, the relevant ministries and agencies have also formulated the Guidelines for Initiatives by Shippers and Logistics Operators to Improve Logistics Efficiency and Productivity.」
Regarding the 2024 logistics problem, the disclosure describes institutional progress through the enactment of legislation and the formulation of guidelines, and states that measures are also advancing under the voluntary action plan of the National Association of Fisheries Wholesalers. - FY2025AdvancedAnnual report
「Although no major disruption has occurred to date, we face numerous challenges in fisheries logistics and distribution, including the recent shortage of truck drivers, higher fuel costs, and delays in digitalization. It is estimated that transportation capacity will be approximately 34% short in fiscal 2030 unless further measures are taken to improve logistics efficiency and productivity.」
Regarding the 2024 logistics problem, the company states that there is no major disruption at present, reiterates the projected 34% transportation capacity shortfall in fiscal 2030, and is proceeding with measures through the development of a voluntary action plan by the National Association of Fisheries Wholesalers. - FY2024WorsenedAnnual report
「The so-called 2024 logistics problem, arising from restrictions on drivers' overtime under the revisions to the Labor Standards Act in April 2024, may affect our group's logistics costs. It has also been identified as a key issue in the new medium-term management plan, and we recognize that action to address the logistics problem is urgent.」
Following the April 2024 legal revisions, the 2024 logistics problem is listed separately as a major risk, and action is identified as urgent. However, the disclosure does not state that a transportation capacity shortfall has actually occurred. - FY2023First statedAnnual report
「From April 2024, the annual cap on truck drivers' overtime will be 960 hours as part of efforts to improve their long working hours. It is estimated that transportation capacity will be approximately 14% short in fiscal 2024 if no measures are taken to improve logistics efficiency and productivity, and approximately 34% short in fiscal 2030 if current conditions continue.」
The cap on truck drivers' overtime and the projected transportation capacity shortfalls for fiscal 2024 and fiscal 2030 have been quantified as new logistics-related risks.