Rising Labor Costs
First written in FY2016. 30 of 33 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1MaterialisedAnnual report
「Revenue increased as a result of acquiring new customers and higher volumes from existing customers in the mail-order, electronics and daily necessities sectors. However, rising costs for warehouse labor and temporary staff put pressure on earnings, resulting in lower profit.」
Although revenue increased as a result of higher handling volumes, rising warehouse labor costs and temporary staff costs were actual factors behind the decline in profit in the center business. - 2026-08-10MaterialisedResults
「センター事業における拠点集約プロセスに伴う既存事業の生産性低下や一過性の人件費増加」
人件費増加が第1四半期の利益減少要因として実績に表れた。 - FY2026MaterialisedAnnual report
「The logistics industry in which our group operates faced a challenging operating environment, as domestic freight volumes generally remained sluggish while rising costs, including labor costs, put pressure on earnings.」
The rise in various costs, including labor costs, continued as an industry-wide condition during the year and was reflected in lower earnings resulting from higher labor costs per employee and increased staffing in the center business. - FY2026-H1MaterialisedAnnual report
「The logistics industry in which our group operates faced a challenging environment, with various costs, including labor costs, rising while domestic freight volumes generally remained sluggish.」
The rise in various costs, including labor costs, was described as part of the actual business environment, indicating that the impact of higher labor costs has continued. - FY2025MaterialisedAnnual report
「The logistics industry in which our group operates faced a challenging environment, as cargo volumes generally remained sluggish amid stagnant personal consumption caused by rising prices, while pressure from rising costs such as labor and fuel increased.」
Pressure from rising costs, including labor costs, increased and was identified as an actual burden on the industry environment and profitability during the fiscal year. - FY2025-H1WorsenedAnnual report
「The logistics industry in which our group operates faced a challenging environment, as cargo volumes generally remained sluggish amid stagnant personal consumption, while pressure from rising costs such as labor and fuel increased.」
The company states that pressure from rising costs, including labor costs, is increasing, indicating a worsening environmental factor behind the risk of higher labor costs. - FY2024-Q3MaterialisedAnnual report
「The logistics industry in which our group operates faced a challenging environment, as cargo volumes generally remained sluggish and costs increased due to higher labor costs and persistently high fuel prices. In addition, addressing labor shortages and the 2024 problem has become an urgent issue.」
Higher labor costs were identified as part of the actual business environment during the quarter and are driving cost increases. Addressing labor shortages and the 2024 problem was also identified as an urgent issue. - FY2024-Q2MaterialisedAnnual report
「The logistics industry faced a challenging environment, as cargo volumes generally remained sluggish and costs increased due to higher labor costs and surging fuel prices. In addition, addressing labor shortages and the 2024 problem has become an urgent issue.」
Higher labor costs and labor shortages were identified as part of the actual business environment and are driving cost increases. Addressing the 2024 problem was also identified as an urgent issue. - FY2024-Q1WorsenedAnnual report
「In addition, addressing labor shortages and the 2024 problem has become an urgent issue.」
In addition to labor shortages, addressing the 2024 problem has been positioned as an urgent issue, increasing the urgency of securing labor and responding to labor-related matters associated with higher labor costs. - FY2023MaterialisedAnnual report
「Revenue in the center operations business increased because logistics center operations related to e-commerce were launched at a newly established site and handling volumes of electronics-related and other goods increased. Segment profit, however, declined because labor costs increased after staffing was expanded to achieve early stable operations at the new site.」
Higher labor costs resulting from increased staffing to achieve early stable operations at the newly established site contributed to the decline in profit of the center operations business. - FY2023-Q3MaterialisedAnnual report
「Segment losses were recorded because labor costs increased as staffing was expanded to achieve stable operations at a newly established site.」
Higher labor costs arising from increased staffing actually occurred and contributed to the recording of a loss in the center operations business. - FY2022-Q2MaterialisedAnnual report
「The logistics industry in which our group operates faced a challenging environment, as costs increased due to surging fuel prices and higher labor costs, despite resilient demand for parcel deliveries and an overall recovery trend in business-to-business logistics.」
Higher labor costs were identified as an actual driver of cost increases, and the risk of rising labor costs continues to materialize. - FY2022-Q1MaterialisedAnnual report
「Although firm transport demand, particularly for parcel freight, led to signs of improving freight volumes, the recovery remained gradual and the logistics industry faced a severe operating environment, with higher fuel prices and labor costs putting pressure on earnings.」
Higher costs such as labor costs were identified as part of the actual business environment and are putting pressure on earnings. - FY2021-Q1MaterialisedAnnual report
「Operating profit and ordinary profit declined, reflecting higher labor costs associated with labor shortages and the response to work-style reforms, lower volumes of distribution processing handled at logistics centers that resulted in a loss in the center business, and expenses related to infectious disease control measures.」
Higher labor costs arising from responses to labor shortages and work-style reforms actually occurred and, together with expenses for infectious disease countermeasures and other costs, contributed to the decline in profit. - FY2020MaterialisedAnnual report
「Our group operates its business by employing diverse personnel, including drivers and product management staff. As the labor shortage becomes more severe, our freight truck transportation and center operations businesses require a certain level of labor because they have traditionally been strongly labor-intensive, and because they must respond to increasingly diverse and sophisticated logistics needs.」
The deepening labor shortage and the labor-intensive nature of the businesses were identified as the background to risks involving higher labor costs and the recruitment and development of personnel. - FY2020-Q3MaterialisedAnnual report
「The logistics industry in which our group operates faced a severe environment, with domestic freight volumes struggling to grow and costs including labor costs continuing to rise amid increasingly severe labor shortages.」
Rising costs such as labor costs associated with the deepening labor shortage were identified as part of the actual business environment during the quarter as well. - FY2020-Q2MaterialisedAnnual report
「The logistics industry in which our group operates faced a severe environment, with domestic freight volumes lacking momentum and costs including labor costs continuing to rise amid increasingly severe labor shortages.」
Rising costs such as labor costs associated with the deepening labor shortage were identified as part of the actual business environment during the quarter. - FY2020-Q1MaterialisedAnnual report
「The logistics industry in which our group operates faced a severe environment, with increasingly severe labor shortages and rising costs including labor costs.」
The deepening labor shortage and rising costs such as labor costs were identified as part of the actual business environment during the quarter. - FY2019MaterialisedAnnual report
「Although domestic freight volumes, particularly consumer-related freight, remained firm, the logistics industry faced a severe operating environment, with costs including labor and external outsourcing expenses rising amid increasingly severe labor shortages and changes in working conditions.」
The deepening labor shortage and higher labor costs associated with changes in the working environment were identified as part of the actual business environment during the fiscal year. - FY2019-Q3MaterialisedAnnual report
「Segment profit declined because labor costs increased both domestically and overseas, and because our company and domestic subsidiaries increased staffing to stabilize new operations.」
Higher labor costs domestically and overseas actually arose and, together with increased staffing for new operations, contributed to the decline in profit of the center operations business. - FY2019-Q2MaterialisedAnnual report
「Segment profit declined because labor costs increased both domestically and overseas, and because our company and domestic subsidiaries increased staffing to stabilize new operations.」
Higher labor costs domestically and overseas actually arose and, together with increased staffing for new operations, contributed to the decline in profit of the center operations business. - FY2019-Q1MaterialisedAnnual report
「Segment profit declined because the company and its domestic subsidiaries increased operating staff to stabilize new operations, while labor costs rose in Japan and overseas.」
Higher labor costs actually arose both domestically and overseas and, together with increased staffing for new operations, contributed to the decline in profit. - FY2018MaterialisedAnnual report
「Segment profit declined because the company increased operating staff in connection with the launch of newly contracted warehouse operations, while labor costs rose in Japan and overseas.」
Higher labor costs actually arose both domestically and overseas and, together with increased staffing associated with the launch of new warehouse operations, contributed to the decline in profit. - FY2018-Q3MaterialisedAnnual report
「Segment profit declined because the launch of newly contracted warehouse operations required more costs than anticipated, along with higher labor costs.」
Higher labor costs actually arose and, together with the costs of launching operations at a new warehouse, contributed to the decline in profit of the center operations business. - FY2018-Q2MaterialisedAnnual report
「Operating income declined because the passenger transportation and goods sales businesses in Vietnam remained sluggish, while major costs such as labor, warehouse rent and fuel increased.」
Higher labor costs actually arose as one of the major cost increases and contributed to the decline in operating income. - FY2018-Q1MaterialisedAnnual report
「The company recorded operating and ordinary losses, as operating revenue in Vietnam declined due to sluggish passenger transportation and merchandise sales, while major costs including labor, warehouse rents and fuel increased.」
Higher labor costs actually arose as a major cost increase and contributed to the recording of an operating loss and an ordinary loss. - FY2017MaterialisedAnnual report
「The operating environment was severe, with labor and external outsourcing costs rising as the industry addressed driver shortages and increasingly diverse and sophisticated logistics needs.」
Higher labor costs were identified as part of the actual business environment during the fiscal year. - FY2017-Q3MaterialisedAnnual report
「Operating income and ordinary income declined, as gross operating profit decreased due to price adjustments in Vietnam in response to fluctuations in fuel prices, higher labor costs and other factors.」
Higher labor costs actually resulted in lower gross operating profit and contributed to the decline in profit. - FY2017-Q2MaterialisedAnnual report
「Operating income and ordinary income declined, as gross operating profit decreased due to price adjustments in Vietnam in response to fluctuations in fuel prices, higher labor costs and other factors.」
Higher labor costs actually reduced gross operating profit and contributed to the decline in profit. - FY2017-Q1MaterialisedAnnual report
「The logistics industry continues to face a severe operating environment, with domestic freight volumes showing signs of stagnation and labor costs rising due to higher fuel prices and labor shortages.」
The company states that higher labor costs resulting from labor shortages have actually occurred. - FY2016First statedAnnual report
「If labor costs rise due to future legal amendments, trends in labor demand or other factors, this could affect our group's business results and financial condition.」
A risk arising from the employment of diverse personnel, including drivers, product management staff, temporary employees and dispatched workers.