Declining Transport Efficiency Due to Larger Vehicles and Vehicle Restrictions
First written in FY2017. 6 of 15 entries say "Restated". Latest entry: 2026-08-24.
The whole theme swung hardest in 2019: 1 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- 2026-08-24RestatedEarnings presentation
「Increasing transportation difficulty due to the shift to EVs and larger vehicle sizes」
The company reiterates that the shift to EVs and larger vehicle sizes is increasing transportation difficulty as an external environmental challenge. - FY2024-Q2RestatedAnnual report
「As part of its shift toward greener operations, we are introducing in stages transportation equipment with a higher maximum payload to address the increasing weight of vehicles accompanying vehicle electrification.」
The company continues to introduce transportation equipment with a higher maximum payload to address higher vehicle weights and weight limits resulting from the shift to EVs. - FY2024-Q1RestatedAnnual report
「As part of its shift toward greener operations, we are introducing in stages transportation equipment with a higher maximum payload to address the increasing weight of vehicles accompanying vehicle electrification.」
The company continues to introduce in stages transportation equipment with a higher maximum payload to address higher vehicle weights and weight limits resulting from the shift to EVs. - FY2023-Q1MitigatedAnnual report
「Profit increased because the effect of introducing a fuel surcharge system in September 2022 and the higher utilization rate resulting from increased revenue exceeded the impact of soaring fuel costs.」
The company introduced a fuel surcharge system in September 2022 in response to rising fuel prices and states that its benefits exceeded the impact of soaring fuel costs. - FY2022-Q3RestatedAnnual report
「As part of its shift toward greener operations, we completed development of transportation equipment with a higher maximum payload to address the increasing weight of vehicles accompanying vehicle electrification, and will introduce it in stages.」
The company continues its policy of introducing in stages transportation equipment with a higher maximum payload to address higher vehicle weights and weight limits resulting from electrification. - FY2022-Q1MitigatedAnnual report
「As part of its shift toward greener operations, we completed development of transportation equipment with a higher maximum payload to address the increasing weight of vehicles accompanying vehicle electrification, and will introduce it in stages from this year. The equipment also reduces environmental impact because cargo-handling operations can be performed even when the engine is stopped.」
To address the risks of higher vehicle weights and weight-limit violations resulting from electrification, the company completed development of transportation equipment with a higher maximum payload and moved to the stage of introducing it in phases. - FY2021WorsenedAnnual report
「As vehicles become electrified, their weight is increasing, creating the possibility that they may exceed the weight limits for semi-trailers.」
In addition to the existing risk of lower loading efficiency due to larger vehicles, the company added the possibility of higher vehicle weights and exceeding weight limits as a result of electrification. - FY2020-Q2RestatedAnnual report
「In addition to the revision of transportation charges implemented from January 2019, the automotive-related business reported higher profit due to the review of the depreciation period for transportation equipment to align it with its actual useful life, the decline in per-unit fuel costs from the same quarter of the previous year, and other factors.」
The automotive-related business continued to generate higher profit as a result of freight-rate revisions, a review of depreciation periods and lower fuel unit prices. - FY2020-Q1MitigatedAnnual report
「In addition to the revision of transportation charges implemented from January 2019, the automotive-related business reported higher profit due to the review of the depreciation period for transportation equipment to align it with its actual useful life, the decline in per-unit fuel costs from the same quarter of the previous year, and other factors.」
Freight-rate revisions, together with a year-on-year decline in fuel unit prices, among other factors, turned the automotive-related business from lower profit through the previous fiscal year to higher profit. - FY2019-Q3Profit continued to decline despite freight-rate revisionsAnnual report
「Meanwhile, the automotive-related business as a whole generated lower profit amid lower load factors resulting from compliance with the Vehicle Size and Weight Restrictions Order, efforts to reform work practices to reduce total working hours, higher costs associated with relocating hubs to build an efficient logistics system, higher labor and recruitment costs to address driver shortages, soaring fuel costs, and higher vehicle expenses resulting from adding equipment and addressing aging assets. Although freight rates were revised from January, this was insufficient to offset the decline in profit through the second-quarter cumulative period, and the automotive-related business as a whole generated lower profit.」
Freight rates were revised from January in response to transportation-efficiency risks, including lower load factors, but the revisions did not offset the previous decline in profit, and the impact of these risks on results continued. - FY2019-Q2RestatedAnnual report
「Meanwhile, the automotive-related business as a whole generated lower profit amid lower load factors resulting from compliance with the Vehicle Size and Weight Restrictions Order, efforts to reform work practices to reduce total working hours, higher costs associated with relocating hubs to build an efficient logistics system, higher labor and recruitment costs to address driver shortages, soaring fuel costs, and higher vehicle expenses resulting from adding equipment and addressing aging assets. The company was also strengthening its transportation capacity in preparation for a consumption-tax increase.」
The lower load factor resulting from compliance with the Vehicle Size and Weight Restrictions Order continued to weigh on profit in the automotive-related business, together with higher hub-relocation, labor, recruitment, fuel and vehicle costs. - FY2019-Q1MaterialisedAnnual report
「Meanwhile, the automotive-related business as a whole generated lower profit amid lower load factors resulting from compliance with the Vehicle Size and Weight Restrictions Order, efforts to reform work practices to reduce total working hours, higher costs associated with relocating hubs to build an efficient logistics system, higher labor and recruitment costs caused by driver shortages, soaring fuel costs, and higher vehicle expenses resulting from adding equipment and addressing aging assets. The company was also strengthening its transportation capacity in preparation for a consumption-tax increase.」
The lower load factor resulting from compliance with the Vehicle Size and Weight Restrictions Order actually occurred and, together with higher fuel, labor, recruitment and vehicle costs, became a factor behind lower profit in the automotive-related business. - FY2018MitigatedAnnual report
「At each logistics hub, when dispatching vehicles, we load smaller vehicles together and make adjustments during loading so as not to exceed the limits. However, for new-vehicle transportation, where it is difficult to load smaller vehicles together, we may have to reduce the number of vehicles loaded. We will continue negotiating revisions to appropriate freight rates.」
The company continues to respond to the limits by loading smaller vehicles together and negotiating freight-rate revisions. However, the number of vehicles loaded may have to be reduced when transporting new vehicles, leaving the risk of lower transportation efficiency. - FY2018-Q2MitigatedAnnual report
「Strengthening compliance with the Vehicle Size and Weight Restrictions Order」
The company states that it is strengthening its response to the Vehicle Size and Weight Restrictions Order, indicating that measures are being advanced to address already identified risks related to transportation efficiency and vehicle restrictions. - FY2017First statedAnnual report
「Recently, as commercial vehicles have become larger, they may no longer fit within the dimensions of a semi-trailer when loaded and may protrude beyond it.」
The company has identified as a new risk the possibility of reducing the number of vehicles loaded and the impact on results if the decline in transportation efficiency cannot be reflected in freight rates as commercial vehicles become larger.