Operating profit pressured by higher fuel prices and increased depreciation expenses
First written in FY2018-Q1. 14 of 25 entries say "Restated". Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07WorsenedEarnings
「Operating profit fell 6.6% to ¥1.706 billion due to higher fuel costs and increased personnel expenses, depreciation and other expenses.」
Higher fuel costs, personnel expenses and depreciation were reflected in lower profit in the Transportation business. - FY2026WorsenedAnnual report
「Crude oil prices surged due to turmoil in the Middle East, while the effects of chronic labor shortages and higher personnel and other costs also continued, resulting in a persistently challenging operating environment.」
The external environment is now described in terms of surging crude oil prices due to turmoil in the Middle East and higher personnel and other costs, rather than the previous description of persistently high fuel prices. - FY2026-H1RestatedAnnual report
「Labor shortages have become chronic in the logistics industry, with hiring difficulties continuing. In addition, the industry continues to face a challenging operating environment in terms of costs, including persistently high labor and fuel costs.」
Cost pressure from persistently high fuel costs continues. Meanwhile, profit in the transportation business increased due to appropriate pricing and improved transport efficiency, and the measures previously used to address the pressure remain in place. - FY2025-H1MitigatedAnnual report
「Cargo volume increased following the consolidation of Supreme Auto Transport, LLC in the United States as a consolidated subsidiary, among other factors. Revenue reached ¥5,639.2 million, up 16.2% year on year, due also to efforts to bring collected freight charges to appropriate levels. Operating profit rose 6.8% year on year to ¥275.6 million following revenue growth and the effect of higher revenue.」
In the transportation business, the company pursued appropriate levels for collected freight charges and posted higher profit due to revenue growth and the effect of higher revenue. The results show that pricing measures were used to address cost pressure from fuel and other expenses. - FY2024-Q3RestatedAnnual report
「(Warehousing business) Due to the effect of continued warehouse construction and expansion in Japan and overseas, stored cargo volume increased and revenue reached ¥2,919.7 million, up 2.9% year on year. Operating profit was ¥638.1 million, broadly unchanged year on year, as higher personnel and depreciation expenses offset the increase.」
In the warehousing business, stored cargo volume and revenue increased, while higher personnel and depreciation expenses continue to be identified as factors keeping operating profit broadly unchanged. - FY2024-Q1RestatedAnnual report
「The logistics industry continues to face a challenging operating environment due to persistently high crude oil prices, chronic labor shortages and intensifying competition.」
The description identifies an external environment in which crude oil prices remain high, indicating that risks related to cost pressure from fuel prices continue. - FY2023-Q3RestatedAnnual report
「Operating profit was ¥1,447.9 million, down 0.8% year on year, due to higher fuel and personnel expenses, among other factors.」
Higher fuel and personnel expenses continue to be identified as factors weighing on consolidated operating profit, which fell 0.8% year on year. - FY2023-Q2RestatedAnnual report
「Operating profit was ¥889.5 million, down 4.0% year on year, due to higher fuel and personnel expenses, among other factors.」
Higher fuel and personnel expenses continue to be identified as factors weighing on consolidated operating profit. Operating profit fell 4.0% year on year. - FY2023-Q1WorsenedAnnual report
「Operating profit was ¥3.861 billion, down 20.2% year on year, due to higher fuel prices and increased personnel expenses, among other factors.」
Higher fuel prices emerged as an actual factor behind the decline in operating profit, and consolidated operating profit fell 20.2% year on year. Operating profit in the transportation business also fell 34.9% year on year due to substantially higher fuel prices. - FY2022-Q3RestatedAnnual report
「Despite substantially higher fuel prices, operating profit rose to ¥333.2 million, up 2.5% year on year, due to the effect of higher revenue and improved transport efficiency, among other factors.」
Despite continued high fuel prices, the explanation indicates that operating profit in the transportation business increased due to the effect of higher revenue and improved transport efficiency. - FY2022-Q2RestatedAnnual report
「Despite substantially higher fuel prices, operating profit rose to ¥208.9 million, up 41.9% year on year, due to the effect of higher revenue and improved transport efficiency, among other factors.」
Despite continued high fuel prices, the explanation indicates that profit in the transportation business increased due to the effect of higher revenue and improved transport efficiency. - FY2022-Q1RestatedAnnual report
「Despite substantially higher fuel prices, operating profit rose to ¥119.2 million, up 208.2% year on year, due to the effect of higher revenue and improved transport efficiency, among other factors.」
While fuel prices remain substantially higher, the explanation continues to indicate that profit in the transportation business increased due to the effect of higher revenue and improved transport efficiency, showing the relationship between the fuel cost burden and its absorption through efficiency improvements. - FY2021RestatedAnnual report
「When these costs increase, the Group seeks to collect appropriate charges through discussions with customer companies. However, a sharp rise in fuel prices or an inability to collect appropriate charges could affect the Group's operating results and financial position.」
The description continues to cover fuel cost risks including fluctuations in crude oil prices and foreign exchange rates, higher fuel costs, and the ability to pass costs on through pricing, as well as the response through discussions with customers. - FY2021-Q3RestatedAnnual report
「Although fuel and subcontracting costs declined, operating profit fell 18.1% year on year to ¥325.1 million, affected by the decline in revenue.」
In the transportation business, fuel and subcontracting costs declined, limiting cost pressure, but operating profit fell 18.1% year on year due to the impact of lower revenue. - FY2021-Q2ReframedAnnual report
「Despite lower fuel prices, operating profit fell 50.5% year on year to ¥147.2 million, affected by the decline in revenue.」
Although fuel prices fell, this did not offset the decline in revenue caused by the COVID-19 pandemic, and operating profit in the transportation business fell substantially. The description has shifted from the previous mitigating effect of lower fuel prices to placing greater emphasis on the impact of lower revenue. - FY2020-Q2MitigatedAnnual report
「Operating profit rose 31.7% year on year to ¥297.7 million, due in part to improved transport efficiency and lower fuel prices.」
Rather than pressure on profit from higher fuel prices, lower fuel prices and improved transport efficiency were identified as factors behind higher profit in the transportation business, indicating that cost pressure eased during the period. - FY2020-Q1RestatedAnnual report
「Despite higher fuel prices, operating profit rose 35.1% year on year to ¥139.6 million, due to improved transport efficiency and lower depreciation expenses, among other factors.」
Fuel prices continue to rise, but profit in the transportation business has increased due to improved transport efficiency and lower depreciation expenses. The explanation continues to indicate that efficiency improvements and other measures absorbed the cost pressure. - FY2019RestatedAnnual report
「Fuel costs for the transport vehicles used by the Group are affected by fluctuations in crude oil prices and foreign exchange rates. When these costs increase, the Group seeks to collect appropriate charges through discussions with customer companies. However, a sharp rise in fuel prices or an inability to collect appropriate charges could affect the Group's operating results and financial position.」
The description continues to cover risks including fluctuations in crude oil prices and foreign exchange rates, higher fuel costs, and the ability to pass costs on through pricing, as well as the response through discussions with customers. - FY2019-Q3RestatedAnnual report
「Fuel costs for the transport vehicles used by the Group are affected by fluctuations in crude oil prices and foreign exchange rates. When these costs increase, the Group seeks to collect appropriate charges through discussions with customer companies. However, a sharp rise in fuel prices or an inability to collect appropriate charges could affect the Group's operating results and financial position.」
The description continues to identify future risks including fluctuations in crude oil prices and foreign exchange rates, higher fuel costs, and the ability to collect appropriate charges. - FY2019-Q2ReframedAnnual report
「Fuel costs for the transport vehicles used by the Group are affected by fluctuations in crude oil prices and foreign exchange rates. When these costs increase, the Group seeks to collect appropriate charges through discussions with customer companies. However, a sharp rise in fuel prices or an inability to collect appropriate charges could affect the Group's operating results and financial position.」
The description has become more specific, shifting from fuel price increases as an actual factor pressuring profit to an independent future risk that includes fluctuations in crude oil prices and foreign exchange rates and the ability to pass costs on through pricing. - FY2019-Q1MitigatedAnnual report
「Despite higher fuel prices, operating profit was ¥1.033 billion, up 16.2% year on year, due to improvements in transportation efficiency and lower depreciation expenses, among other factors.」
Fuel prices continue to rise, but profit in the transportation business increased due to improved transport efficiency and lower depreciation expenses, easing the previous cost pressure. - FY2018ReframedAnnual report
「The main changes in operating expenses during the fiscal year under review included higher operating expenses accompanying the increase in revenue and higher fuel costs resulting from the rise in crude oil prices.」
Higher fuel prices continue to increase operating expenses, but full-year operating profit rose 4.9% year on year. The factor has shifted from being described as a direct cause of the previous period's operating profit decline to being viewed as a component of the cost structure. - FY2018-Q3RestatedAnnual report
「① Transportation business Due to an increase in cargo volume, revenue rose 4.3% year on year to ¥6,625.7 million. Despite higher fuel prices, operating profit rose 11.6% year on year to ¥363.7 million, due to the effect of higher revenue and improved transport efficiency. ② Warehousing business Due to an increase in stored cargo volume, revenue rose 4.6% year on year to ¥2,077.4 million. Operating profit fell 0.5% year on year to ¥447.2 million, mainly due to higher depreciation expenses.」
Fuel prices continue to rise, but the effect of higher revenue and improved transport efficiency contributed to higher profit in the transportation business. Meanwhile, profit in the warehousing business continues to be pressured by higher depreciation expenses. - FY2018-Q2ReframedAnnual report
「① Transportation business Due to an increase in the volume of freight handled, revenue was ¥43,227 million, up 5.0% year on year. Despite higher fuel prices, operating income increased 26.4% year on year to ¥2,237 million, owing to the effect of higher revenue and improved transportation efficiency. ② Warehousing business Due to an increase in the volume of freight stored, revenue was ¥13,679 million, up 5.3% year on year. Operating income decreased 5.9% year on year to ¥2,852 million, mainly due to higher depreciation expense.」
Fuel prices continue to rise, but profit in the transportation business increased due to the effect of higher revenue and improved transport efficiency. Meanwhile, profit in the warehousing business continues to be pressured by higher depreciation expenses. - FY2018-Q1First statedAnnual report
「Operating profit was ¥4.143 billion, down 1.4% year on year, due mainly to higher fuel prices and increased depreciation expenses.」
Higher fuel prices and increased depreciation expense were identified for the first time as separate risk and cost factors that actually reduced operating income, together with a 1.4% year-on-year decline.