Komori
Japan Logistic Systems Corp. (9060) · RiskMaterialised

Impact of higher fuel prices

First written in FY2016. 23 of 30 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2027-H1.

30entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q1 – FY2019-Q2RestatedFY2019 – FY2020MaterialisedFY2022-Q1 – 2026-06-052016: 320162017: 420172018: 420182019: 120192020: 120202021: 220212022: 420222023: 420232024: 120242025: 120252026: 52026
Same theme, other companies
Increase in Logistics and Outsourcing Costs Due to Rising Fuel PricesA theme 29 companies write about · 29 as a headwind · 1 as a tailwind

Japan Logistic Systems Corp. moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).

The whole theme swung hardest in 2022: 20 of 27 companies on the "Worse" side.

4 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 29 companies compared. The sentences above are computed from all 29.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MaterialisedAnnual report

    「Revenue increased due to large spot transactions in the merchandise sales business and higher orders in the passenger transportation business in Vietnam, among other factors, but profit declined because delays in passing on soaring fuel costs had an impact.」

    Soaring fuel prices and delays in passing on costs actually occurred as factors behind lower profit in the other businesses.
  2. 2026-08-10WorsenedResults

    「物価高を背景に荷動きが鈍化する一方で、燃料価格の変動等によるコスト上昇圧力が一段と強まり、厳しい収益環境が続きました。」

    燃料価格の変動等によるコスト上昇圧力が一段と強まった。
  3. FY2026Explicit reference to energy costs including electricity charges and energy-saving measuresAnnual report

    「Our group conducts logistics-related business activities, including freight trucking, and energy costs such as fuel prices and electricity charges are important factors in operating the business.」

    The scope was explicitly expanded from the previous risk of higher fuel prices to energy costs including electricity charges, and measures to mitigate the impact through eco-driving, energy-saving equipment and negotiations over fee revisions were also reported.
  4. 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 higher energy costs, including fuel costs, was reported as an actual business condition.
  5. FY2024-Q3MaterialisedAnnual report

    「The business environment remained difficult in the logistics industry to which our group belongs, as freight volumes generally stagnated and costs increased due to higher personnel expenses and persistently high fuel prices.」

    Persistently high fuel prices were reported as an actual business condition and, together with higher personnel expenses, are a factor behind increased costs.
  6. FY2024-Q2MaterialisedAnnual report

    「The business environment remained difficult in the logistics industry, as freight volumes generally stagnated and costs increased due to higher personnel expenses and soaring fuel prices.」

    Soaring fuel prices were reported as an actual factor behind higher costs, and the impact of the risk from higher fuel prices continues.
  7. FY2024-Q1WorsenedAnnual report

    「The business environment remained difficult as fuel prices stayed high and costs including electricity charges put pressure on earnings.」

    While fuel prices remained high, cost increases spread to items including electricity charges, putting pressure on earnings, as reported.
  8. FY2023MaterialisedAnnual report

    「Segment profit declined because transportation costs, including fuel prices, increased both in Japan and overseas.」

    Transportation costs, including fuel prices, actually increased, and segment profit in the freight trucking business fell 2.6% year on year.
  9. FY2023-Q3MaterialisedAnnual report

    「Segment profit declined because transportation costs, including fuel prices, increased both in Japan and overseas.」

    Transportation costs increased in Japan and overseas, mainly due to fuel prices, and became a factor behind lower profit in the freight trucking business.
  10. FY2023-Q2MaterialisedAnnual report

    「Segment profit declined because transportation costs, including fuel prices, increased both in Japan and overseas.」

    Transportation costs, including fuel prices, actually increased and became a factor behind lower profit in the freight trucking business.
  11. FY2023-Q1MaterialisedAnnual report

    「The logistics industry in which our group operates faced a challenging environment, as earnings were squeezed by increases in various costs, including persistently high fuel prices, despite generally steady cargo volumes.」

    Persistently high fuel prices were reported as an actual business condition and, together with various other cost increases, are putting pressure on earnings.
  12. FY2022MaterialisedAnnual report

    「Although freight volumes in the logistics industry to which our group belongs were generally on a recovery trend, the business environment remained difficult as costs increased due to the rapid and sustained rise in fuel prices and responses to disruptions in international logistics.」

    The rapid and sustained rise in fuel prices was reported as an actual factor behind higher costs, and the impact of the risk from higher fuel prices continues to materialize.
  13. FY2022-Q3MaterialisedAnnual report

    「The logistics industry in which our group operates faced a challenging environment, as transportation costs increased due to fuel prices remaining high, despite continued strength in parcel deliveries and an overall recovery trend in business-to-business logistics.」

    Fuel prices remained high, and higher transportation costs continued as an actual business condition.
  14. 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 fuel prices were reported as an actual factor behind increased costs, and the risk from higher fuel prices continues to materialize.
  15. 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 fuel prices were reported as an actual business condition and are putting pressure on earnings.
  16. FY2020RestatedAnnual report

    「In addition to our own efforts to mitigate the impact of price fluctuations, including improving transportation efficiency, promoting eco-driving and introducing private fueling facilities, we negotiate fee revisions with customers.」

    We continue to mitigate the risk of higher fuel prices by improving transportation efficiency, promoting eco-driving, installing private fueling facilities and negotiating fee revisions.
  17. FY2019RestatedAnnual report

    「Our group operates a freight trucking business. As a result, higher fuel prices may increase transportation costs. If the corresponding increase in costs cannot be passed on through freight rates, it may affect the operating results and financial condition of our group.」

    The potential impact of higher fuel prices and the inability to pass on the increase through freight rates continues to be reported as a business risk.
  18. FY2019-Q2MaterialisedAnnual report

    「The logistics industry in which our group operates faced a severe environment, with labor-related costs rising amid shortages of drivers and other personnel and changes in working conditions, while fuel prices remained high and natural disasters damaged transport infrastructure.」

    The continued elevation of fuel prices was reported as an actual business condition.
  19. FY2019-Q1MaterialisedAnnual report

    「Revenue and profit increased because the effect of revising fees for some customers offset the rise in transportation costs across our group.」

    Transportation costs actually increased, while the effect of revising fees for some customers was also reported.
  20. FY2018MaterialisedAnnual report

    「Segment profit declined because fuel prices rose in Japan and overseas and costs increased due to vehicle replacements necessitated by aging vehicles, among other factors.」

    Higher fuel prices in Japan and overseas actually occurred and, together with higher costs associated with vehicle replacements, became a factor behind lower profit in the freight trucking business.
  21. FY2018-Q3MaterialisedAnnual report

    「Revenue and profit declined because, at LOGITEM VIETNAM CORP. NO.1, the number of contracts stagnated amid intensified competition in passenger transportation and costs increased due to higher fuel prices, while L&K TRADING CO.,LTD. closed some stores to improve its merchandise sales business.」

    Higher fuel prices actually increased costs and became a factor behind lower revenue and profit in Vietnam's other businesses.
  22. FY2018-Q2MaterialisedAnnual report

    「Segment profit declined because fuel prices rose in Japan and overseas, while depreciation expenses increased at LOGITEM TRANSPORT CO., LTD. in connection with vehicle replacements.」

    Higher fuel prices in Japan and overseas actually occurred and became a factor behind lower profit in the freight trucking business.
  23. 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 fuel costs actually emerged as an increase in a major cost item and became a factor behind the recorded loss.
  24. FY2017MaterialisedAnnual report

    「Operating profit and ordinary profit declined because gross operating profit fell, mainly as a result of price adjustments related to fuel-price fluctuations and the impact of higher personnel costs in Vietnam.」

    Price adjustments related to fuel-price fluctuations in Vietnam actually emerged as a factor behind the decline in gross operating profit and lower profit.
  25. 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.」

    Price adjustments related to fuel-price fluctuations in Vietnam continue to be factors behind the decline in gross operating profit and lower profit.
  26. 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.」

    Price adjustments related to fuel-price fluctuations in Vietnam occurred and became factors behind the decline in gross operating profit and lower profit.
  27. FY2017-Q1MaterialisedAnnual report

    「Profit declined and an operating loss was recorded because, in addition to lower warehouse utilization at some of our locations and costs incurred to stabilize operations for newly acquired customers, price adjustments related to fuel-price fluctuations in Vietnam reduced gross operating profit.」

    Price adjustments related to fuel-price fluctuations in Vietnam actually occurred and were cited as a factor behind the decline in gross operating profit.
  28. FY2016First statedAnnual report

    「Higher fuel prices may increase transportation costs. If the corresponding increase in costs cannot be passed on through freight rates, it may affect the operating results and financial condition of our group.」

    Fuel prices remained low during the period, helping reduce the burden of transportation costs.
Moved together

"Rising Labor Costs" moved the same way as this thread, in the same document, in 21 of its 30 moves.

2113121187★123456
  1. ★This thread
  2. 1Rising Labor Costs21×
  3. 2Uncertainty from the slowdown in emerging-market economies, share prices and foreign exchange rates13×
  4. 3Declining domestic freight volumes, labor shortages, and intensifying competition12×
  5. 4Risk of Impairment of Fixed Assets11×
  6. 5Lower warehouse and facility utilization8×
  7. 6Increase in external outsourcing costs7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Japan Logistic Systems Corp.'s next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results of 2026-08-10: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.