Rising Costs Due to Driver Shortages and Aging Vehicles and Facilities
First written in FY2016. 22 of 32 entries say "Restated". Latest entry: 2026-08-13.
Kyogoku unyu shoji 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 2017: 8 of 15 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- 2026-08-13RestatedEarnings
「In the logistics industry, companies continued to face challenging management issues, including driver shortages, upward pressure on costs such as outsourcing, labor and fuel costs, the need to balance safety with the maintenance of transportation capacity, and the collection of appropriate freight rates and charges, while addressing regulations including the limits on overtime work for automobile driving operations. In addition, cargo movements are susceptible to production trends in demand-related industries, and the business environment remained generally challenging.」
The company continues to identify driver shortages, rising costs, the balance between safety and transportation capacity, and appropriate freight rates as ongoing challenges. - FY2026RestatedAnnual report
「While efforts to comply with the cap on overtime for automobile drivers and other requirements continued, the company was required to address difficult operating challenges, including the driver shortage, rising costs such as outsourcing, labor and fuel costs, balancing safety with maintaining transportation capacity, and collecting appropriate freight rates and charges.」
The driver shortage, overtime regulations, rising outsourcing, labor and fuel costs, and the challenges of ensuring safety, maintaining transportation capacity, and collecting appropriate freight rates continue. - 2026-06-03RestatedGeneral Meetings of Shareholders
「The company was required to address challenging management issues, including driver shortages, upward pressure on costs such as outsourcing, labor and fuel costs, the need to balance safety with the maintenance of transportation capacity, and the collection of appropriate freight rates and charges.」
Driver shortages, rising costs, and the need to balance safety with the maintenance of transportation capacity continue to be identified as challenges in the logistics industry. - FY2026-H1RestatedAnnual report
「In the logistics industry, demand for chemical transportation, our core business, continues to decline due to the sluggish Chinese economy and other factors. In addition, no change has been seen in the structural issue of driver shortages, and the operating environment remains difficult.」
It indicates that the logistics industry's challenges, namely declining demand for chemical transportation and a driver shortage, are continuing. - FY2024RestatedAnnual report
「In the logistics industry handling petroleum and chemicals, high fuel costs, a chronic driver shortage, and stagnant freight volumes continued.」
It continues to recognize that the difficult logistics environment, including high fuel costs, a chronic driver shortage, and stagnant freight volumes, will persist. - FY2024-Q2RestatedAnnual report
「In the logistics industry, demand for chemical transportation, our core business, continues to decline due to the sluggish Chinese economy and other factors. There has also been no change in the employment situation for drivers, and the difficult operating environment continues.」
It reaffirms that declining demand for chemical transportation due to the sluggish Chinese economy and other factors, along with the lack of improvement or change in the driver employment situation, are factors behind the continuing difficult logistics environment. - FY2023WorsenedAnnual report
「The logistics industry continues to face a difficult operating environment, with high fuel costs, a chronic driver shortage, and stagnant freight movements due to economic conditions. In particular, freight volumes in business-to-business logistics remain depressed.」
It explicitly identifies soaring fuel costs, a chronic driver shortage, and weak freight volumes in business-to-business logistics, and states that the difficult environment is continuing. - FY2023-Q3RestatedAnnual report
「The logistics industry remains in a difficult operating environment, with fuel and other costs rising because of higher crude oil prices and the weaker yen, and no change in the employment situation for drivers.」
The company continues to identify higher fuel and other costs due to higher crude oil prices and the weaker yen, as well as the lack of improvement in the employment situation for drivers, as issues facing the logistics industry. - FY2023-Q2RestatedAnnual report
「The logistics industry remains in a difficult operating environment, with fuel and other costs rising because of higher crude oil prices and the weaker yen, and no change in the employment situation for drivers.」
The company continues to identify higher fuel and other costs due to higher crude oil prices and the weaker yen, as well as the lack of improvement in the employment situation for drivers, as issues facing the logistics industry. - FY2023-Q1WorsenedAnnual report
「The logistics industry remains in a difficult operating environment, with fuel and other costs rising because of higher crude oil prices and the weaker yen, and no change in the employment situation for drivers.」
In addition to the existing issues of fuel prices and driver shortages, the company explicitly identified higher fuel and other costs due to higher crude oil prices and the weaker yen. It did not quantify the impact or indicate company-specific losses. - FY2022RestatedAnnual report
「The logistics industry continues to face a difficult operating environment, including higher fuel costs due to rising crude oil prices, a chronic driver shortage, and stagnant freight movements amid the COVID-19 pandemic.」
The company indicates that the difficult logistics environment continues, including higher fuel costs, a chronic driver shortage, and stagnant freight movements. - FY2022-Q3Freight volumes turn slightly positive, but freight movements remain stagnantAnnual report
「Although domestic freight volumes turned positive as the economy recovered, the increase was only slight, freight movements remained stagnant, and the logistics industry continued to face a difficult operating environment.」
Although freight volumes turned positive from signs of improvement, the increase remained slight, and the company indicates that stagnant freight movements and the difficult environment continue. - FY2022-Q2Signs of improvement in freight volumes, but no recovery to pre-pandemic levels and concerns over reinfectionAnnual report
「Although freight volumes are showing signs of improvement, they have not yet recovered to pre-pandemic levels. The outlook remains uncertain because of concerns over the renewed spread of infections involving variants and the employment situation for drivers.」
While the wording changed from a significant decline in freight volumes to signs of improvement, the company states that volumes have not recovered to pre-pandemic levels and that concerns over the renewed spread of variants and the employment situation for drivers continue. - FY2022-Q1RestatedAnnual report
「The logistics industry remains in a difficult operating environment, with domestic freight volumes declining significantly and no change in the employment situation for drivers.」
The company continues to identify the significant decline in domestic freight volumes and the lack of improvement in the employment situation for drivers as issues facing the logistics industry. - FY2021RestatedAnnual report
「In the logistics industry, the notice titled “Regarding Standard Freight Rates for General Freight Motor Vehicle Transportation Business” was promulgated in April last year. Although there have been moves toward improving working conditions, the chronic driver shortage remains unchanged, and freight movements have stagnated amid the COVID-19 pandemic. The industry therefore remains in a difficult operating environment.」
The company indicates that the difficult environment continues, including a chronic driver shortage and stagnant freight movements, even after the promulgation of standard freight rates. - FY2021-Q2WorsenedAnnual report
「Although the sharp decline in domestic economic activity has stopped, business conditions in the transportation and warehousing industries have deteriorated as freight movements have stagnated. On 24 April, the notice titled “Regarding Standard Freight Rates for General Freight Motor Vehicle Transportation Business” was promulgated, and it is expected to help ensure fair transactions, maintain stable logistics, and improve drivers’ working conditions. However, the operating environment remains difficult because an economic and earnings recovery is essential for negotiations with shippers.」
The company explicitly stated that business conditions in the transportation and warehousing industries had deteriorated as logistics demand stagnated, providing greater specificity on the difficult environment. - FY2021-Q1WorsenedAnnual report
「The logistics industry remains in a difficult operating environment, with domestic freight volumes declining significantly and no change in the employment situation for drivers.」
The description was strengthened this quarter from the previous reference to a decline in domestic freight volumes to a “significant decline,” while the company continues to recognize that there has been no change in the employment situation for drivers. - FY2020RestatedAnnual report
「Although domestic freight volumes have recovered, there has been no change in the employment situation for drivers, and the logistics industry remains in a difficult operating environment as it works to improve working conditions.」
The company continues to recognize the difficult environment in the logistics industry, including difficulty securing drivers. - FY2020-Q3RestatedAnnual report
「The logistics industry remains in a difficult operating environment, with domestic freight volumes declining and no improvement in the employment situation for drivers.」
The company continues to recognize the difficult logistics environment, including declining domestic freight volumes and difficulty securing drivers. quantified is false and materialized is false. - FY2020-Q2RestatedAnnual report
「The logistics industry remains in a difficult operating environment, with domestic freight volumes declining and no improvement in the employment situation for drivers.」
The company continues to recognize the difficult logistics environment, including declining domestic freight volumes and difficulty securing drivers. - FY2020-Q1WorsenedAnnual report
「The logistics industry remains in a difficult operating environment, with domestic freight volumes declining and no improvement in the employment situation for drivers.」
Where the company had previously described a recovery in domestic freight volumes, this quarter explicitly described a decline. It continues to recognize that there has been no improvement in the employment situation for drivers. - FY2019WorsenedAnnual report
「The freight transportation business faces various issues, including driver shortages and an aging workforce, the leveling out of commercial vehicle replacement costs, and persistently high fuel prices. In particular, establishing a transportation system compliant with laws related to work-style reforms is an urgent priority,」
In addition to driver shortages, the company explicitly identified an aging workforce, vehicle replacement costs, persistently high fuel prices, and compliance with the work-style reform legislation, broadening the scope and urgency of the issues. - FY2019-Q3RestatedAnnual report
「Although domestic freight volumes have recovered, there has been no improvement in the employment situation for drivers, and the logistics industry remains in a difficult operating environment.」
While domestic freight volumes have recovered, the company continues to recognize that there has been no improvement in the employment situation for drivers. - FY2019-Q2RestatedAnnual report
「Although domestic freight volumes have recovered, there has been no improvement in the employment situation for drivers, and the logistics industry remains in a difficult operating environment.」
While domestic freight volumes have recovered, the company continues to recognize that there has been no improvement in the employment situation for drivers. - FY2019-Q1RestatedAnnual report
「Although domestic freight volumes have recovered, there has been no improvement in the employment situation for drivers, and the logistics industry remains in a difficult operating environment.」
While domestic freight volumes have recovered, the company continues to recognize that there has been no improvement in the employment situation for drivers. - FY2018WorsenedAnnual report
「The freight transportation business faces increasingly serious issues, including driver shortages and problems related to working-hour regulations, while higher personnel and other costs are also a concern.」
In addition to the existing driver shortage, the company explicitly identified the increasingly serious problem of working-hour regulations and concerns over higher personnel and other costs. - FY2018-Q3RestatedAnnual report
「Although there were signs of recovery in some areas, domestic freight volumes overall remained sluggish and continued at low levels, while there was no improvement in the employment situation for drivers. The logistics industry therefore remains in a difficult operating environment.」
As there has been no improvement in the employment situation for drivers, the company continues to recognize the difficult environment in the logistics industry, including difficulty securing drivers. - FY2018-Q2RestatedAnnual report
「Although there were signs of recovery in some areas, domestic freight volumes overall remained sluggish and continued at low levels, while there was no improvement in the employment situation for drivers. The logistics industry therefore remains in a difficult operating environment.」
As there has been no improvement in the employment situation for drivers, the company continues to identify difficulty securing drivers as an issue facing the logistics industry. - FY2018-Q1RestatedAnnual report
「Although there were signs of recovery in some areas, domestic freight volumes overall remained sluggish and continued at low levels, while there was no improvement in the employment situation for drivers. The logistics industry therefore remains in a difficult operating environment.」
As there has been no improvement in the employment situation for drivers, the company continues to identify driver shortages and difficulty securing drivers as issues facing the logistics industry. - FY2017-Q2RestatedAnnual report
「The logistics industry remains in a difficult operating environment. Despite signs of economic recovery, total freight volumes have stagnated because of weak domestic demand, fuel prices are trending upward, and the industry also faces a driver shortage.」
The company continues to recognize the difficult operating environment in the logistics industry, including the driver shortage. - FY2017-Q1RestatedAnnual report
「The logistics industry remains in a difficult operating environment. Despite signs of economic recovery, total freight volumes have stagnated because of weak domestic demand, fuel prices are trending upward, and the industry also faces a driver shortage.」
The company continues to recognize the driver shortage as an issue facing the logistics industry. - FY2016First statedAnnual report
「The logistics industry continues to face a difficult operating environment due to the industry-wide driver shortage, as well as higher costs associated with capital investment to replace commercial vehicles and address aging facilities, which are expected to increase further.」
The company recognizes the driver shortage as a current industry issue and expects costs to increase as vehicles are replaced and facilities age.