Increase in Expenses Due to Rising Fuel Oil Prices
First written in FY2018-Q1. 13 of 27 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-08-07.
Japan Oil Transportation moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 8 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- 2026-08-07MaterialisedEarnings
「On the other hand, due to increases in personnel costs and other expenses, operating profit was ¥69 million, down 68.2% year on year, ordinary profit was ¥207 million, down 34.6%, and net income attributable to owners of the parent was ¥152 million, down 23.5%.」
Increases in personnel costs and other expenses were reflected in declines in operating profit and other earnings figures. - FY2025MitigatedAnnual report
「To address this risk, the Group is introducing fuel-efficient vehicles and conducting research and studies toward introducing EVs (electric vehicles) and FCVs (fuel-cell vehicles), working to reduce fuel consumption. At the same time, the Group is working to apply fuel surcharges so as to appropriately pass on increases in fuel oil procurement costs to freight rates.」
As measures to address the risk of fluctuations in fuel oil prices, the Company describes specific initiatives including fuel-efficient vehicles, research into EVs and FCVs, and the application of fuel surcharges. - FY2025-H1RestatedAnnual report
「On the other hand, in terms of earnings, the Company recorded a segment loss of ¥79 million, compared with a segment loss of ¥128 million in the same period of the previous year, due to higher expenses, including personnel costs.」
Higher expenses, including personnel costs, continue to pressure earnings in the high-pressure gas transportation business, but the segment loss has narrowed from the same period of the previous year. - FY2024-Q3WorsenedAnnual report
「On the other hand, in terms of earnings, the Company recorded a segment loss of ¥166 million, compared with a segment loss of ¥68 million in the same period of the previous year, due to higher expenses, including personnel and repair costs.」
Due to higher expenses, including personnel and repair costs, the segment loss in the high-pressure gas transportation business expanded from ¥68 million in the same period of the previous year to ¥166 million. - FY2024-Q2WorsenedAnnual report
「On the other hand, in terms of earnings, the Company recorded a segment loss of ¥128 million, compared with a segment loss of ¥40 million in the same period of the previous year, due to higher expenses, including personnel and repair costs.」
Due to higher expenses, including personnel and repair costs, the segment loss in the high-pressure gas transportation business expanded from ¥40 million in the same period of the previous year to ¥128 million. - FY2024-Q1WorsenedAnnual report
「The Group's business environment also remains challenging, with surging energy and raw material prices and concerns over a further shortage of drivers due to the 2024 logistics industry problem. As a result, revenue for the cumulative first quarter of the consolidated fiscal year was ¥7,876 million, down 2.7% year on year. In terms of earnings, the operating loss was ¥68 million, compared with operating profit of ¥113 million in the same period of the previous year, partly due to higher expenses, including personnel and repair costs.」
In addition to surging energy and raw material prices, higher expenses, including personnel and repair costs, were described in connection with the shift to an operating loss, indicating that cost pressures are continuing and expanding. - FY2023-Q3WorsenedAnnual report
「On the other hand, in terms of earnings, the Company recorded a segment loss of ¥68 million, compared with segment profit of ¥136 million in the same period of the previous year, due to higher expenses, including fuel and personnel costs.」
Due to higher expenses, including fuel and personnel costs, the high-pressure gas transportation business moved from segment profit in the same period of the previous year to a segment loss of ¥68 million, and the impact of cost pressures has expanded. - FY2023-Q2WorsenedAnnual report
「On the other hand, in terms of earnings, the Company recorded a segment loss of ¥40 million, compared with segment profit of ¥120 million in the same period of the previous year, due to higher expenses, including fuel and personnel costs.」
Due to higher expenses, including fuel and personnel costs, the high-pressure gas transportation business moved from segment profit in the same period of the previous year to a segment loss, and the impact of cost pressures has expanded. - FY2023-Q1MaterialisedAnnual report
「In terms of earnings, the Company recorded a segment loss of ¥6 million, compared with segment profit of ¥45 million in the same period of the previous year, due to higher expenses, including fuel and personnel costs.」
The increase in expenses, including fuel and personnel costs, actually occurred, and the high-pressure gas transportation business moved from segment profit in the same period of the previous year to a segment loss. - FY2022WorsenedAnnual report
「Although the business environment for the Group continues to be affected by surging energy prices and infectious diseases, transportation demand is gradually recovering.」
Surging energy prices were explicitly identified as cost pressure in the business environment, while operating profit in the high-pressure gas transportation business declined 28.7% year on year due to higher expenses, including fuel and personnel costs. - FY2022-Q3MaterialisedAnnual report
「In the high-pressure gas transportation business, revenue increased due to the recovery in demand, mainly for LNG (liquefied natural gas). On the other hand, operating profit declined due to higher expenses, including fuel and personnel costs.」
The increase in expenses, including fuel and personnel costs, actually occurred and was reflected as a factor behind the decline in operating profit in the high-pressure gas transportation business. - FY2022-Q2RestatedAnnual report
「In the petroleum transportation business, railway transportation was affected by changes in shipping locations and the suspension of freight trains due to torrential rain disasters. However, revenue from motor-vehicle transportation increased due to the recovery in fuel oil demand and other factors, resulting in revenue of ¥6,518 million, up 2.2% year on year. On the other hand, in terms of earnings, the Company recorded an operating loss of ¥116 million, compared with an operating loss of ¥99 million in the same period of the previous year, due to higher expenses, including personnel costs.」
Expenses, including personnel costs, continued to increase in the petroleum transportation business, contributing to the operating loss. Cost pressures, including fuel and personnel costs, continued to weigh on earnings. - FY2022-Q1MaterialisedAnnual report
「In the high-pressure gas transportation business, revenue increased due to the recovery in demand, mainly for LNG (liquefied natural gas). On the other hand, operating profit declined due to higher expenses, including fuel and personnel costs.」
The increase in expenses, including fuel and personnel costs, also occurred in the current quarter and was cited as a factor behind the decline in operating profit in the high-pressure gas transportation business. - FY2021MitigatedAnnual report
「In the high-pressure gas transportation business, revenue declined due to lower demand resulting from the impact of infectious diseases, despite fare revisions by major customers and the acquisition of new transportation services. On the other hand, operating profit increased due to lower expenses, including fuel and personnel costs.」
Operating profit in the high-pressure gas transportation business was ¥474 million, up 35.8% year on year, due to lower expenses, including fuel and personnel costs, easing the pressure on earnings caused by previous expense increases. - FY2021-Q3RestatedAnnual report
「In the high-pressure gas transportation business, revenue declined due to lower demand resulting from the impact of infectious diseases, despite fare revisions by major customers and the acquisition of new transportation services. On the other hand, operating profit increased due to lower expenses, including fuel and personnel costs.」
Operating profit in the high-pressure gas transportation business increased due to lower expenses, including fuel and personnel costs, and the impact of the expense increases that had previously pressured earnings continues to ease. - FY2021-Q2MitigatedAnnual report
「In the high-pressure gas transportation business, revenue decreased due to lower demand resulting from the impact of the infectious disease and other factors, despite fare revisions by major customers and the acquisition of new transport contracts. Meanwhile, operating income increased due to lower expenses, including fuel and personnel costs. As a result, revenue was ¥3,866 million, down 2.5% year on year, while operating income was ¥69 million, compared with an operating loss of ¥63 million in the previous year.」
Expenses including fuel and personnel costs, which had previously pressured earnings, declined, and operating profit in the high-pressure gas transportation business improved from an operating loss in the same period of the previous year to operating profit of ¥69 million. - FY2021-Q1MitigatedAnnual report
「On the other hand, operating profit increased due to lower expenses, including fuel and personnel costs.」
In the high-pressure gas transportation business, expenses including fuel and personnel costs, which had previously pressured earnings, declined, and operating profit improved from an operating loss in the same period of the previous year to operating profit of ¥51 million. - FY2020-Q3MaterialisedAnnual report
「In the petroleum transportation business, revenue was ¥12,040 million, down 0.4% year on year, due to the suspension of freight trains and other effects of natural disasters. Operating profit was ¥363 million, down 39.0%, due to higher expenses associated with personnel costs and vehicle investment.」
The increase in expenses associated with personnel costs and vehicle investment actually occurred and was cited as a factor behind the 39.0% year-on-year decline in operating profit in the petroleum transportation business. - FY2020-Q2MaterialisedAnnual report
「As a result, revenue for the cumulative second quarter of the consolidated fiscal year was ¥15,968 million, up 2.7% year on year, but operating profit was ¥195 million, down 10.3%, due to higher expenses associated with personnel costs and vehicle investment.」
The increase in expenses associated with personnel costs and vehicle investment actually occurred and was a factor behind the year-on-year decline in operating profit. In the high-pressure gas transportation business, an operating loss also continued due to higher personnel costs and other expenses. - FY2020-Q1MaterialisedAnnual report
「In the petroleum transportation business, the Company worked to maintain and expand its transportation share, and revenue increased. However, operating profit declined due to higher expenses associated with personnel costs and vehicle investment.」
The increase in expenses associated with personnel costs and vehicle investment actually occurred and was cited as a factor behind the decline in operating profit in the petroleum transportation business. - FY2019MaterialisedAnnual report
「As a result, revenue for the consolidated fiscal year was ¥34,240 million, up 3.9% year on year, but operating profit was ¥1,009 million, down 17.5%, ordinary profit was ¥1,315 million, down 10.4%, and net profit attributable to owners of the parent was ¥831 million, down 19.8%, due to higher expenses, including fuel and personnel costs.」
The increase in expenses, including fuel and personnel costs, actually resulted in year-on-year declines in operating profit, ordinary profit and net profit attributable to owners of the parent for the full year. - FY2019-Q3MaterialisedAnnual report
「On the other hand, in terms of earnings, the Company recorded an operating loss of ¥24 million, compared with operating profit of ¥185 million in the same period of the previous year, due to higher expenses, including fuel and personnel costs.」
The increase in expenses, including fuel and personnel costs, actually resulted in a ¥24 million operating loss in the high-pressure gas transportation business. - FY2019-Q2MaterialisedAnnual report
「On the other hand, in terms of earnings, the Company recorded an operating loss of ¥62 million, compared with operating profit of ¥86 million in the same period of the previous year, due to higher expenses, including fuel and personnel costs.」
The increase in expenses, including fuel and personnel costs, actually resulted in an operating loss in the high-pressure gas transportation business. - FY2019-Q1MaterialisedAnnual report
「In the high-pressure gas transportation business, revenue increased due to the expansion of new LNG transportation services. However, operating profit declined due to higher expenses, including fuel and personnel costs.」
The increase in expenses, including fuel and personnel costs, also occurred in the current quarter and was cited as a factor behind the decline in operating profit in the high-pressure gas transportation business. - FY2018-Q3MaterialisedAnnual report
「However, due to higher expenses, including fuel and personnel costs, operating profit was ¥629 million, down 9.7% year on year, ordinary profit was ¥823 million, down 20.6%, and net profit attributable to owners of the parent was ¥529 million, down 19.9%.」
The increase in expenses, including fuel and personnel costs, actually occurred and was cited as a factor behind the declines in operating profit, ordinary profit and quarterly net profit attributable to owners of the parent. - FY2018-Q2RestatedAnnual report
「The Group's business environment remains challenging, as domestic demand for petroleum products is expected to decline over the long term, while driver shortages and increases in expenses such as fuel costs also persist.」
The increase in expenses, including fuel costs, continues to be cited as a factor contributing to the challenging business environment. - FY2018-Q1MaterialisedAnnual report
「Operating profit was ¥46 million, down 5.5% year on year, and ordinary profit was ¥140 million, down 17.0%, partly due to higher expenses accompanying the rise in fuel oil prices.」
The increase in expenses accompanying higher fuel oil prices actually occurred and was cited as a factor behind the declines in operating profit and ordinary profit.