Declining domestic transportation volumes and demand for freight services
First written in FY2017-Q1. 14 of 34 entries say "Restated". Latest entry: 2026-08-07.
Okayamaken Freight Transportation moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2023: 12 of 20 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-08-07ReframedEarnings
「運輸業界におきましても、国内輸送需要は一部で増加傾向がみられたものの、慢性的なドライバー不足に加え、燃油価格や外注費を始めとする輸送コストの上昇が続くなど、引き続き厳しい経営環境となりました。」
国内輸送需要について、全体的な低調との表現から、「一部で増加傾向」がみられるとの表現へ変化している。 - FY2026ReframedAnnual report
「In the transportation industry, domestic transportation demand has remained sluggish, particularly in production-related areas.」
The wording has changed from "remaining flat" in the previous period to a description that domestic transportation demand remains sluggish, particularly in production-related areas. - FY2026-H1ReframedAnnual report
「In the transportation industry, domestic freight volume remained flat, while the operating environment became increasingly challenging amid structural issues including driver shortages and rising fuel and labor costs. At the same time, there were notable moves to improve logistics efficiency, including responses to the revised logistics-related laws, joint deliveries by multiple companies, and the development and consolidation of logistics bases.」
The wording describing domestic freight volume has changed from sluggish and declining trends through the previous fiscal year to "remaining flat." - FY2025-H1RestatedAnnual report
「In the transportation industry, domestic freight volume has continued to remain sluggish」
The description that domestic freight volume is sluggish follows the previous fiscal year's references to declining and sluggish domestic transportation demand. - FY2024RestatedAnnual report
「In the logistics industry, domestic transportation demand has remained sluggish, particularly in production-related areas.」
The description that domestic transportation demand is sluggish, particularly in production-related areas, follows the previous references to delays in the recovery of and a declining trend in domestic transportation demand. - FY2024-Q3RestatedAnnual report
「In the transportation industry, the operating environment remained challenging, with higher transportation costs due to rising fuel and other prices and a continued declining trend in domestic transportation demand.」
The description that the declining trend in domestic transportation demand is continuing follows the previous references to declining domestic freight volume. - FY2024-Q2WorsenedAnnual report
「In the transportation industry, conditions remain extremely challenging due to higher expenses resulting from surging fuel prices and various price increases, as well as declining domestic freight volume.」
The wording has changed from "the recovery in domestic transportation demand remains sluggish" in the previous quarter to an explicit description of declining domestic freight volume, while also noting higher expenses due to surging fuel prices and various price increases. - FY2024-Q1RestatedAnnual report
「In the transportation industry, the recovery in domestic transportation demand remained sluggish, while higher transportation costs, including fuel and outsourcing costs, put pressure on earnings, and challenging conditions continued.」
The description that the recovery in domestic transportation demand is sluggish follows the previous references to delays in the recovery of demand. - FY2023-Q3RestatedAnnual report
「In the transportation industry, the operating environment has remained challenging, with substantial increases in expenses due to surging fuel prices and continued delays in the recovery of domestic transportation demand.」
The description that the recovery in domestic transportation demand continues to be delayed follows the previous references to weak demand and declining freight volumes. - FY2023-Q2RestatedAnnual report
「In the freight transportation business, transportation demand showed some signs of recovery, but freight volumes handled were slightly below the same quarter of the previous year」
While transportation demand has shown some signs of recovery, freight volumes handled have remained slightly below the same quarter of the previous year, continuing from the previous quarter. - FY2023-Q1ReframedAnnual report
「In the transportation industry, transportation demand has shown signs of recovery, but the outlook remains uncertain, as higher transportation costs due to surging fuel prices and continued sluggish freight volumes caused by delays in the recovery of manufacturing due to shortages of semiconductors and other items persist.」
While noting signs of a recovery in transportation demand, the description identifies delays in the recovery of manufacturing and sluggish freight volumes due to shortages of semiconductors and other items, as well as higher transportation costs due to surging fuel prices, as factors contributing to uncertainty in the industry environment. - FY2022ReframedAnnual report
「In the transportation industry, domestic freight volume has remained slightly higher, but extremely challenging conditions have continued due to surging fuel prices and reduced manufacturing output.」
The wording has changed from the previous descriptions of declining or sluggish domestic freight volume to a slight increase, while noting that industry conditions remain challenging due to reduced manufacturing output and surging fuel prices. - FY2022-Q3Freight volume increased modestly, then weakened from autumn onwardAnnual report
「In the logistics industry, total domestic freight volume increased modestly, but signs of weakness emerged from autumn onward. The industry continued to face a challenging operating environment, including a substantial increase in expenses due to surging fuel prices.」
While a modest increase had been expected in the previous quarter, the latest description confirms a modest actual increase and notes weakness from autumn onward. - FY2022-Q2RestatedAnnual report
「In the logistics industry, total domestic freight volume is expected to increase modestly, but the industry continues to face a challenging operating environment, including higher costs associated with improving working conditions and addressing safety measures, as well as a substantial increase in expenses due to surging fuel prices.」
Although total domestic freight volume is expected to increase modestly, the logistics industry is still described as facing a challenging operating environment. This refers to an expected recovery in demand, not an actual recovery. - FY2022-Q1MitigatedAnnual report
「In the transportation industry, although there were signs of a recovery in transport demand, the outlook remained uncertain due to delays in recovery in some industries caused by the semiconductor shortage and concerns about soaring fuel prices.」
The wording has changed from sluggish transportation demand and declining freight volumes in the previous fiscal year to an indication of a recovery in transportation demand. However, concerns about the delayed recovery and surging fuel prices are also noted. - FY2021RestatedAnnual report
「In the logistics industry, freight movements have remained sluggish, particularly for production-related cargo.」
The description that domestic freight transportation demand is sluggish has continued following the references to a declining trend through the previous quarter. - FY2021-Q3RestatedAnnual report
「In the logistics industry, total domestic freight volume has continued to trend downward. Labor and outsourcing costs continue to rise, mainly due to driver shortages, and close attention is also required to fuel price trends, resulting in a continued challenging operating environment.」
The description that total domestic freight volume is continuing to trend downward has been carried over from the previous quarter. - FY2021-Q2SoftenedAnnual report
「In the logistics industry, total domestic freight volume has continued to trend downward. Labor and outsourcing costs continue to rise, mainly due to driver shortages, and close attention is also required to fuel price trends, resulting in a continued challenging operating environment.」
The wording has changed from "domestic freight volume declined sharply" in the previous quarter to "a declining trend" for the industry as a whole. Meanwhile, freight volumes handled in the freight transportation business have continued to decline year on year. - FY2021-Q1WorsenedAnnual report
「In the transportation industry, domestic freight volume fell sharply, partly due to reduced manufacturing operations, and conditions remained extremely challenging.」
The wording has deteriorated from the declining trend in domestic freight volume through the previous fiscal year to "a sharp decline" and "extremely challenging conditions," against the backdrop of the spread of COVID-19 and other factors. - FY2020WorsenedAnnual report
「Total domestic freight volume was on a declining trend due to the effects of repeated natural disasters, the reactionary decline following rush demand ahead of the consumption tax increase, and the spread of COVID-19.」
Following the shift from flat conditions in the previous fiscal year to a declining trend, and then to an increasingly pronounced decline at the quarterly stage, the annual results show a decline against the backdrop of natural disasters, the reactionary decline following the consumption tax increase and the spread of COVID-19. - FY2020-Q3WorsenedAnnual report
「In the logistics industry, total domestic freight volume has been declining at an increasingly pronounced rate. Labor and outsourcing costs continue to rise, mainly due to driver shortages, and close attention is also required to fuel price trends, resulting in a continued challenging operating environment.」
The wording describing total domestic freight volume has become more negative, changing from a "declining trend" in the previous quarter to "an increasingly pronounced decline." - FY2020-Q2WorsenedAnnual report
「In the logistics industry, the Group's principal business, total domestic freight volume has continued to decline. Labor and outsourcing costs continue to rise, mainly due to driver shortages, and close attention is also required to fuel price trends, resulting in a continued challenging operating environment.」
The description has changed from flat domestic freight volume in the previous fiscal year and sluggish conditions in the previous quarter to an explicit decline in total domestic freight volume, indicating a worsening deterioration in transportation demand. - FY2020-Q1WorsenedAnnual report
「In the transportation industry, the Group's principal business, domestic freight volume remained sluggish, while the sense of labor shortages also intensified, resulting in a continued challenging operating environment.」
The wording has changed from the previous fiscal year's description that total domestic freight volume was flat to domestic freight volume continuing to trend sluggishly. - FY2019ReframedAnnual report
「In the transportation industry, total domestic freight volume has remained flat, while the persistently high fuel prices and increasingly acute sense of labor shortages have kept conditions challenging.」
The description has changed from the previous modest upward trend to domestic freight volume remaining flat. - FY2019-Q2RestatedAnnual report
「The domestic freight volume in the logistics industry, the Group's principal business, has also continued to trend upward, albeit modestly, but the industry faces a challenging operating environment due to labor shortages, efforts to curb long working hours and surging fuel prices.」
The domestic freight volume is described as continuing to trend upward, albeit modestly, as in the previous period. - FY2019-Q1RestatedAnnual report
「Although freight transport volume is showing a slight upward trend, the transportation industry is operating in a challenging environment due to efforts to reduce overtime work and the increasingly serious labor shortage.」
Domestic freight transport volume is described as showing a slight increase, following the slight recovery trend reported previously. - FY2018-Q3MitigatedAnnual report
「The transportation industry, which is a principal business of the Group, is also operating in a challenging environment, although total domestic transport volumes are showing a slight recovery, due to issues including the curbing of long working hours and fuel prices.」
The description has changed from total domestic transport volumes remaining at a low level in the previous quarter to showing a slight recovery. However, the operating environment in the transportation industry is still described as challenging. - FY2018-Q2RestatedAnnual report
「The transportation industry, which is a principal business of the Group, continues to operate in a challenging environment, with total domestic transport volumes remaining low and issues including the curbing of long working hours and fuel prices.」
Separately from the previous business result of a slight recovery in freight volume, total domestic transport volume across the industry is described as remaining at a low level. - FY2018-Q1MitigatedAnnual report
「In the freight transportation business, operating revenue was ¥9.632 billion, up 3.4% year on year, due to a slight recovery in freight volume and efforts to collect appropriate freight rates.」
In contrast to the previous trend of declining freight demand and freight-handling volume, freight volume recovered slightly, and operating revenue from the freight transportation business increased 3.4% year on year. - FY2017-Q3ReframedAnnual report
「The recovery in freight demand remained weak, and freight-handling volume was almost unchanged from the same quarter of the previous year.」
The description has changed from the decline in total domestic transport volumes cited through the previous quarter to weak recovery in freight demand and freight-handling volume remaining at about the same level as in the same period of the previous year. - FY2017-Q2RestatedAnnual report
「The transportation industry, which is a principal business of the Group, is also operating in a challenging environment due to declining total domestic transport volumes, labor shortages and efforts to curb long working hours.」
The decline in domestic transport volumes continues to be cited as a factor contributing to the challenging operating environment in the transportation industry. - FY2017-Q1First statedAnnual report
「In the transportation industry, domestic transport volumes continued to decline during the current fiscal year, and conditions remained challenging due to driver shortages and efforts to address long working hours, among other factors.」
The company explains that the decline in domestic transport volumes continued and that freight-handling volume also decreased slightly from the same quarter of the previous year.