Regulatory risk relating to transport permits and licenses, labor law and the Worker Dispatching Act
First written in FY2016. 8 of 13 entries say "Restated". Latest entry: FY2026.
Zero moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2026: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「From April 2025, rules under the amended Freight Motor Vehicle Transport Business Act requiring the delivery of written documents when transport contracts are concluded and the preparation and retention of records on the system for managing actual transport operations have taken effect. From April 2026, the Logistics Efficiency Act has required logistics operators and others above a certain size to prepare medium- to long-term plans and submit regular reports.」
In addition to addressing the 2024 problem, new statutory requirements taking effect in 2025 and 2026 have been specified, including the delivery of written documents, records on the system for managing actual transport operations, medium- to long-term plans and regular reports. - FY2025WorsenedAnnual report
「The amendments that took effect on 1 April 2024 introduced limits on overtime and shorter maximum periods of duty, making compliance by the Group increasingly important.」
The regulations previously presented as a potential source of impact after the grace period ending 31 March 2024 have entered the implementation stage, making compliance with overtime limits and shorter periods of duty increasingly important. - FY2023RestatedAnnual report
「In addition, as a result of the implementation of the laws related to work-style reforms, restrictions on overtime have been tightened. Although a grace period for driving-related work has been provided through 31 March 2024, the Group may no longer be able to maintain its previous level of revenue during the peak season for automotive transport in March thereafter.」
The Group continues to identify, as a legal and regulatory risk, the possibility that it may be unable to maintain revenue during the peak season after the grace period ends on 31 March 2024. - FY2022-Q1RestatedAnnual report
「In responding to the new normal, the Group is working to reduce overtime in anticipation of the application of the laws related to work-style reforms to driving-related work in 2024. At the same time, it will implement various measures, including more efficient use of transport equipment and the promotion of a division-of-labour structure, to maintain transport capacity.」
In anticipation of the 2024 application of the laws related to work-style reforms to driving-related work, the Group continues to pursue both reductions in overtime and the maintenance of transport capacity. - FY2021WorsenedAnnual report
「In addition, as a result of the implementation of the laws related to work-style reforms, restrictions on overtime have been tightened. Although a grace period for driving-related work has been provided through 31 March 2024, the Group may no longer be able to maintain its previous level of revenue during the peak season for automotive transport in March thereafter.」
The Group has specified the possibility that it may be unable to maintain revenue during the peak season after the grace period for working-hour regulations ends on 31 March 2024. - FY2020-Q3RestatedAnnual report
「Meanwhile, in the logistics industry, operating conditions are difficult due to cost pressures including a driver shortage stemming from tight labor supply and demand, rising wages and recruiting costs, and compliance-related expenses.」
Compliance costs continue to be identified as a source of higher costs in the logistics business, alongside driver shortages and rising labour costs. - FY2020-Q2RestatedAnnual report
「Meanwhile, in the logistics industry, operating conditions are difficult due to cost pressures including a driver shortage stemming from tight labor supply and demand, rising wages and recruiting costs, persistently high fuel costs, and compliance-related expenses.」
Compliance costs continue to be identified as a source of higher costs in the logistics business. - FY2019-Q3RestatedAnnual report
「In the logistics industry, operating conditions are extremely difficult due to cost pressures including a driver shortage caused by tight labor supply and demand, higher wages and recruiting costs, surging fuel costs, and compliance-related expenses such as vehicle weight restrictions and restrictions on handling cargo on public roads.」
Compliance with the Vehicle Restrictions Order and restrictions on handling cargo on public roads continues to be identified as a source of higher costs. - FY2019-Q2RestatedAnnual report
「In the logistics industry, operating conditions are extremely difficult due to cost pressures including a driver shortage caused by tight labor supply and demand, higher wages and recruiting costs, surging fuel costs, and compliance-related expenses such as vehicle weight restrictions and restrictions on handling cargo on public roads.」
Compliance with the Vehicle Restrictions Order and restrictions on handling cargo on public roads continues to be identified as a source of higher costs. - FY2019-Q1MaterialisedAnnual report
「In the logistics industry, operating conditions are extremely difficult due to cost pressures including a driver shortage caused by tight labor supply and demand, higher wages and recruiting costs, surging fuel costs, and compliance-related expenses such as vehicle weight restrictions and restrictions on handling cargo on public roads.」
Compliance with the Vehicle Restrictions Order and restrictions on handling cargo on public roads is identified as an actual source of higher costs. - FY2018RestatedAnnual report
「In addition, if the Freight Motor Vehicle Transport Business Act, the Freight Forwarding Business Act or other relevant legislation is amended in the future, additional costs may arise and adversely affect the Group's performance.」
The Group continues to identify changes to the Freight Transport Business Act and the Freight Forwarding Business Act, revocation of licences and permits, and the impact on business continuity from violations of laws and regulations as risks. - FY2017RestatedAnnual report
「If the Freight Motor Vehicle Transport Business Act, the Freight Forwarding Business Act or other relevant legislation is amended in the future, additional costs may arise and adversely affect the Group's performance.」
The Group continues to identify the impact on costs and business continuity from licences and permits and regulatory changes under transport-related legislation as risks. - FY2016First statedAnnual report
「These laws set out detailed requirements concerning licences for business operators, the criteria for business licences, prohibited activities, the preparation and approval of transport terms and conditions, transport safety centred on preventing driving while fatigued, the appointment of operations managers and qualification examinations to ensure the operation and safety of commercial vehicles, orders issued by supervisory authorities to improve business operations, and licences and permits relating to the prohibition of name lending, the transfer and acquisition of businesses, and the suspension or discontinuation of business operations,」
The Group discloses that changes to, or violations of, the Freight Transport Business Act, Road Traffic Act, Labour Standards Act, Worker Dispatching Act and other laws could affect business continuity and costs.