Sluggish shipment activity, driver shortages and intensifying competition
First written in FY2017-Q1. 23 of 37 entries say "Restated". Latest entry: 2026-08-07.
1 other company's latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「The logistics industry continues to face a challenging operating environment, including rising energy-related costs, labor shortages associated with the declining birthrate and aging population, and continued increases in personnel expenses.」
The company reconfirmed the challenging environment in the logistics industry, with continuing labor shortages and rising personnel expenses. - FY2026RestatedAnnual report
「Although gasoline, diesel and other energy costs were reduced to some extent, crude oil prices surged amid turmoil in the Middle East. The logistics industry also continues to be affected by chronic labor shortages and rising costs, including labor costs, and remains in a challenging operating environment.」
Reconfirms the challenging environment in the logistics industry, where chronic labor shortages and rising costs, including labor costs, continue. - 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.」
Continues to state that labor shortages have become chronic, and describes hiring difficulties and persistently high labor and fuel costs as factors behind the challenging environment in the logistics industry. - FY2025-H1WorsenedAnnual report
「The logistics industry continues to face a challenging operating environment due to rising costs, including labor and fuel costs, and constrained transport capacity associated with the start of applying the overtime work-hour cap to drivers.」
Describes constrained transport capacity resulting from the start of applying the overtime work-hour cap as a current impact, in addition to the previously cited labor shortages, 2024 problem and rising costs. The increases in costs and transport capacity constraints have not been quantified, but are described as part of the actual operating environment. - FY2024ReframedAnnual report
「In Japan, the working-age population is declining due to population decline and the declining birthrate and aging population, intensifying the sense of labor shortages. In addition, the logistics industry faces the challenge of addressing the impact of applying the overtime work-hour cap to automobile driving operations, the so-called 2024 problem.」
The description has changed from one centered on risks such as labor shortages and intensifying competition to one incorporating population decline, the declining birthrate and aging population, and the 2024 problem resulting from the overtime work-hour cap for automobile driving operations. - FY2024-Q3ReframedAnnual report
「The logistics industry continues to face a challenging operating environment as it is required to address rising costs, including labor and fuel costs, and the 2024 problem.」
Explicitly identifies rising costs, including labor and fuel costs, in addition to the previously cited chronic labor shortages and preparations for the 2024 problem, as factors contributing to the challenging environment in the logistics industry. - FY2024-Q2ReframedAnnual report
「The logistics industry continues to face a challenging operating environment due to chronic labor shortages and preparations for the 2024 problem.」
Newly highlights preparations for the 2024 problem, in addition to chronic labor shortages, as a factor contributing to the challenging operating environment in the logistics industry. There is no mention of the intensifying competition or soaring fuel prices cited previously. - 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.」
Reiterates persistently high crude oil prices, chronic labor shortages and intensifying competition as factors behind the logistics industry's ongoing challenging operating environment. - FY2023WorsenedAnnual report
「The logistics industry is expected to face an increasingly challenging operating environment due to chronic labor shortages, soaring fuel prices and the application of the overtime work-hour cap from April 2024.」
Cites the application of the overtime work-hour cap from April 2024, in addition to chronic labor shortages and soaring fuel prices, and indicates that the logistics industry's operating environment is expected to become even more challenging. - FY2023-Q3RestatedAnnual report
「The logistics industry continues to face the same challenging operating environment as before, due to high crude oil prices, chronic labor shortages and intensifying competition.」
Reiterates high crude oil prices, chronic labor shortages and intensifying competition as factors behind the unchanged challenging environment in the logistics industry. - FY2023-Q2RestatedAnnual report
「The logistics industry continues to face a challenging operating environment due to high crude oil prices, chronic labor shortages and intensifying competition.」
Reiterates high crude oil prices, chronic labor shortages and intensifying competition as factors behind the persistently challenging environment in the logistics industry. - FY2023-Q1RestatedAnnual report
「The logistics industry continues to face a challenging operating environment due to high crude oil prices, chronic labor shortages and intensifying competition.」
Reiterates high crude oil prices, chronic labor shortages and intensifying competition as factors behind the persistently challenging environment in the logistics industry. - FY2022-Q3RestatedAnnual report
「The logistics industry continues to face a challenging operating environment due to chronic labor shortages and intensifying competition, as well as soaring fuel prices.」
Reiterates chronic labor shortages, intensifying competition and soaring fuel prices as ongoing risks for the logistics industry. - FY2022-Q2RestatedAnnual report
「The logistics industry continues to face a challenging operating environment due to chronic labor shortages, intensifying competition and soaring fuel prices.」
Reiterates chronic labor shortages, intensifying competition and soaring fuel prices as ongoing risks for the logistics industry. - FY2022-Q1ReframedAnnual report
「The logistics industry continues to face a challenging operating environment due to high crude oil prices, chronic labor shortages and intensifying competition.」
Newly highlights soaring crude oil prices, in addition to chronic labor shortages and intensifying competition, as factors contributing to the challenging operating environment in the logistics industry. - FY2021RestatedAnnual report
「Overall, the logistics industry continues to face a persistently challenging operating environment due to the impact of the spread of COVID-19, chronic labor shortages and intensifying competition.」
Reiterates the impact of COVID-19, chronic labor shortages and intensifying competition as factors behind the persistently challenging environment in the logistics industry. - FY2021-Q3RestatedAnnual report
「Overall, the logistics industry continues to face a persistently challenging operating environment due to the impact of the spread of COVID-19, chronic labor shortages and intensifying competition.」
Reiterates the impact of COVID-19, chronic labor shortages and intensifying competition as factors behind the persistently challenging environment in the logistics industry. - FY2021-Q2RestatedAnnual report
「Overall, freight volumes in the logistics industry declined due to the spread of COVID-19. Together with chronic labor shortages and intensifying competition, this has left the industry in a persistently challenging operating environment.」
Reiterates the decline in freight volumes caused by the spread of COVID-19, chronic labor shortages and intensifying competition as ongoing risks for the logistics industry. - FY2021-Q1RestatedAnnual report
「Overall, freight volumes in the logistics industry declined due to the spread of COVID-19. Together with chronic labor shortages and intensifying competition, this has left the industry in a persistently challenging operating environment.」
Reiterates the decline in freight volumes caused by the spread of COVID-19, along with chronic labor shortages and intensifying competition, as factors behind the persistently challenging environment in the logistics industry. - FY2020WorsenedAnnual report
「In the logistics industry, domestic freight volumes recovered in the first half, supported by rush demand ahead of the consumption tax increase, but declined in the second half due to the spread of COVID-19 and other factors. Together with chronic labor shortages and intensifying competition, this has left the industry in a persistently challenging operating environment.」
States that freight volumes declined in the second half due to the spread of COVID-19 and other factors, in addition to chronic labor shortages and intensifying competition, providing greater detail on the challenging environment in the logistics industry. - FY2020-Q3RestatedAnnual report
「The logistics industry continues to face a challenging operating environment due to chronic labor shortages and intensifying competition.」
Reiterates chronic labor shortages and intensifying competition as ongoing risks for the logistics industry. - FY2020-Q2ReframedAnnual report
「In the logistics industry, the operating environment remains challenging due to chronic labor shortages and intensifying competition, among other factors.」
Chronic labor shortages continue, but the risk description has shifted from the previously prominent reference to higher fuel prices to one combining labor shortages with intensifying competition. - FY2020-Q1RestatedAnnual report
「In the logistics industry, the operating environment remains challenging due to chronic labor shortages and higher fuel prices, among other factors.」
Chronic labor shortages and higher fuel prices are reiterated as factors behind the continuing challenging operating environment in the logistics industry. - FY2019ReframedAnnual report
「In the logistics industry, the challenging operating environment is expected to continue due to rising logistics costs resulting from chronic labor shortages and intensifying competition caused by an excess number of companies.」
In addition to chronic labor shortages and intensifying competition, the company explicitly identified rising logistics costs resulting from labor shortages and an excess number of companies as risk factors. - FY2019-Q3RestatedAnnual report
「In the logistics industry, the operating environment remains challenging due to chronic labor shortages and higher fuel prices, among other factors.」
Chronic labor shortages and higher fuel prices continue to be described as factors behind the challenging operating environment in the logistics industry. - FY2019-Q2RestatedAnnual report
「In the logistics industry, the operating environment remains challenging due to chronic labor shortages and higher fuel prices, among other factors.」
Chronic labor shortages and higher fuel prices continue to be described as factors behind the challenging operating environment in the logistics industry. - FY2019-Q1ReframedAnnual report
「In the logistics industry, the operating environment remains challenging due to chronic labor shortages and higher fuel prices, among other factors.」
The description has shifted from a focus on driver shortages and intensifying competition to a challenging environment centered on chronic labor shortages and higher fuel prices. - FY2018ReframedAnnual report
「In the logistics industry, the operating environment remained challenging due to higher fuel prices, tight domestic labor supply and demand, and intensifying competition.」
The previous reference to driver shortages has been replaced by a risk description including higher fuel prices and tight domestic labor supply and demand. Intensifying competition continues. - FY2018-Q3RestatedAnnual report
「In the logistics industry, the operating environment remains challenging due to labor shortages, particularly among drivers, and intensifying competition.」
Driver shortages and intensifying competition continue to be described as factors behind the challenging operating environment in the logistics industry. - FY2018-Q2RestatedAnnual report
「In the logistics industry, the operating environment remains challenging due to labor shortages, particularly among drivers, and intensifying competition.」
Driver shortages and intensifying competition continue to be described as factors behind the challenging operating environment in the logistics industry. - FY2018-Q1ReframedAnnual report
「In the logistics industry, the operating environment remains challenging due to labor shortages, particularly among drivers, and intensifying competition.」
Driver shortages and intensifying competition continue, but the previous references to weak cargo demand and cargo volumes have been replaced by a risk description centered on labor shortages. - FY2017ReframedAnnual report
「In the logistics industry, the operating environment remained challenging due to driver shortages and intensifying competition, in addition to a shift toward moderately rising fuel prices.」
The statement newly highlights rising fuel prices, while continuing to describe driver shortages and intensifying competition as factors behind the challenging environment, instead of referring to weak cargo demand. - FY2017-Q3RestatedAnnual report
「In the logistics industry, the operating environment remained challenging due to driver shortages and intensifying competition while cargo volumes continued to stagnate.」
Stagnant cargo volumes, driver shortages and intensifying competition are reiterated as the continuing factors behind the challenging operating environment in the logistics industry. - FY2017-Q2RestatedAnnual report
「In the logistics industry, the operating environment remained challenging due to weak personal consumption and cargo demand, as well as driver shortages and intensifying competition.」
Weak cargo demand, driver shortages and intensifying competition are reiterated as ongoing risks in the logistics industry. - FY2017-Q1First statedAnnual report
「In the logistics industry, the operating environment remains challenging due to driver shortages and intensifying competition while cargo demand remains weak.」
The statement highlights a combination of risks relating to demand, labor and the competitive environment in the logistics industry.