Improving operating efficiency by responding to fleet reductions and changes in car carrier trade patterns
First written in FY2018-Q1. 11 of 21 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2025.
2 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Demand for finished-vehicle transportation remained firm, and despite the impact of port congestion and continued diversions around the Red Sea, earnings increased from the previous fiscal year due to improved operating efficiency and the impact of foreign exchange rates, among other factors.」
The car carrier business continued improving operating efficiency and achieved higher profit than in the previous fiscal year despite external constraints. - FY2024-Q2AdvancedAnnual report
「Although port congestion in some regions forced vessels to remain in port, transportation volumes increased year on year as a result of flexibly revising vessel allocation plans.」
In the car carrier business, the Company addressed vessel delays caused by port congestion and increased transportation volumes year on year by flexibly revising its vessel allocation plans. - FY2024-Q1RestatedAnnual report
「Cargo volumes gradually recovered as economic activity normalized and completed-vehicle production returned to normal with improvements in the supply of semiconductors and automotive-related parts. Although port congestion in some regions caused vessels to remain in port, temporarily affecting vessel utilization, the Company flexibly revised its vessel allocation plans and achieved higher profit year on year.」
As completed-vehicle production and cargo volumes gradually recovered, the Company flexibly revised its vessel allocation plans in response to the temporary decline in utilization caused by port congestion, securing higher profit. - FY2023-Q3AdvancedAnnual report
「Although shortages of automobiles and parts caused by global semiconductor shortages and the spread of COVID-19 continued, the company secured transportation volumes above the previous corresponding period by flexibly revising its vessel deployment plans, resulting in higher earnings year on year.」
In the car carrier business, the Company flexibly revised its vessel allocation plans despite continued supply constraints, securing transportation volumes above the previous fiscal year's level and increasing profit. - FY2023-Q2AdvancedAnnual report
「Although the number of finished vehicles handled declined due to global semiconductor shortages and automobile parts shortages caused by the spread of COVID-19, among other factors, the company continued flexible and agile cargo collection activities based on optimal vessel deployment plans. As a result, operating efficiency improved, transportation volumes were secured at roughly the same level as the previous corresponding period, and earnings increased year on year.」
In the car carrier business, the Company advanced optimal vessel allocation, flexible cargo collection activities and operating efficiency improvements, resulting in higher profit year on year while maintaining transportation volumes. - FY2023-Q1AdvancedAnnual report
「As a result of making flexible and agile adjustments to the Company's vessel capacity and deployment destinations, the Company secured completed-vehicle transportation volumes at approximately the same level as in the previous fiscal year. As supply and demand conditions improved, the Company pursued further operating efficiency, and profitability increased significantly year on year.」
In the car carrier business, the Company adjusted vessel capacity and changed deployment destinations, significantly improving profitability year on year while maintaining transportation volumes. - FY2022AdvancedAnnual report
「Although finished-vehicle production was affected by semiconductor shortages, earnings improved significantly from the previous fiscal year through flexible and agile adjustments to vessel capacity and the deployment of individual vessels.」
The Company continued to flexibly adjust car carrier capacity and deployment destinations, and profitability improved significantly alongside the recovery in completed-vehicle transportation. - FY2022-Q3AdvancedAnnual report
「In addition to the recovery in cargo volumes, further improvement in supply and demand conditions also contributed to a significant year-on-year improvement in profitability.」
In the car carrier business, completed-vehicle cargo volumes recovered and supply and demand conditions improved, resulting in a significant year-on-year improvement in profitability. - FY2022-Q1AdvancedAnnual report
「In addition to the recovery in cargo volumes, the effects of rationalization, including vessel allocation, contributed to a significant year-on-year improvement in profitability.」
In the car carrier business, rationalization, including vessel allocation, continued, and profitability improved significantly year on year alongside the recovery in completed-vehicle cargo volumes. - FY2021-Q2RestatedAnnual report
「Although the Company worked to minimize the impact on operating results through measures including adjustments to vessel supply, such as scrapping and redelivery, and cost reductions through vessel lay-ups, profitability deteriorated significantly year on year.」
In the car carrier business, adjustments to vessel supply, including scrapping and redelivery, and cost reductions through vessel lay-ups continued, but profitability deteriorated significantly year on year. - FY2021-Q1AdvancedAnnual report
「Although the Company worked to minimize the impact on operating results through measures including adjustments to vessel supply, such as scrapping and redelivery, and cost reductions through vessel lay-ups, profitability deteriorated significantly year on year.」
In the car carrier business, adjustments to vessel supply, including scrapping and redelivery, and cost reductions through vessel lay-ups were implemented as measures in response to COVID-19. - FY2020-Q3AdvancedAnnual report
「The Company promoted continued rationalization of vessel allocation, mainly on triangular routes, which had been ongoing since the previous fiscal year, and worked to improve operating efficiency, resulting in improved profitability in the third quarter.」
The car carrier business continued rationalizing vessel allocation, mainly on triangular routes, and improving operating efficiency, resulting in improved third-quarter profitability. - FY2020-Q2Profitability deteriorated despite continued rationalization of vessel allocation and fleet reductionsAnnual report
「The Company promoted rationalization of vessel allocation, mainly on triangular routes, and reduced fleet size, but profitability deteriorated year on year.」
In the car carrier business, the Company continued rationalizing vessel allocation and reducing fleet size, but profitability deteriorated due in part to lower cargo volumes. - FY2020-Q1AdvancedAnnual report
「Finished-vehicle volumes declined year on year, mainly on routes from Europe to Asia, due to tighter emissions regulations in China and other factors. However, earnings improved year on year as the additional costs incurred in the previous corresponding period to address quarantine issues on certain routes fell away, while the fleet was downsized and vessel deployment was rationalized, mainly on triangular routes.」
In the car carrier business, the Company reduced fleet size and rationalized vessel allocation, mainly on triangular routes, and profitability improved year on year despite lower cargo volumes. - FY2019Lower full-year cargo volumes; efficiency improvements continuedAnnual report
「Completed-vehicle cargo volumes decreased from the previous fiscal year due to the impact of US-China trade friction and new emissions and fuel-efficiency testing standards in Europe. The Company worked to reduce the size of its fleet and further improve operating efficiency, but profitability deteriorated from the previous fiscal year due to special factors including additional costs from quarantine issues on certain routes during the first quarter and lower cargo volumes from Japan as a result of torrential rain in western Japan.」
Despite continued fleet reductions and operating efficiency improvements, full-year profitability in the car carrier business deteriorated due to the effects of trade friction, emissions standards, quarantine issues and torrential rain. - FY2019-Q3Lower shipments due to trade friction and emissions standardsAnnual report
「Shipments of finished vehicles to China declined due to the impact of U.S.-China trade friction, while shipments of finished vehicles from Europe declined as companies addressed new emissions and fuel-economy testing standards. Although the company worked to further improve operating efficiency, additional costs arising from quarantine issues on certain routes in the first quarter also had a significant impact, and earnings deteriorated year on year.」
In the car carrier business, profitability deteriorated despite continued operating efficiency improvements amid lower shipments and additional costs resulting from quarantine issues. - FY2019-Q2Efficiency deterioration due to quarantine issues, heavy rain and higher fuel costsAnnual report
「Although the Company continued efforts to flexibly allocate vessels and improve operating efficiency in response to changes in trade patterns amid the effects of quarantine issues on certain routes and a temporary decline in shipments caused by torrential rain in western Japan, profitability deteriorated year on year, partly because fuel costs increased.」
In the car carrier business, shipment volumes declined due to quarantine issues and torrential rain in western Japan, while fuel costs increased. Despite continuing flexible vessel allocation and efficiency improvements, profitability deteriorated. - FY2019-Q1Inefficient operations caused by quarantine issuesAnnual report
「As a special factor during the first quarter, quarantine issues on certain routes forced inefficient operations, resulting in a year-on-year deterioration in profitability.」
In the car carrier business, quarantine issues on certain routes necessitated inefficient operations, causing profitability to deteriorate. This was identified as a temporary factor separate from efficiency improvements through fleet reductions and responses to changes in trade patterns. - FY2018-Q3RestatedAnnual report
「The division continued working to improve earnings by enhancing operating efficiency in response to fleet reductions and changes in trade patterns. Profitability improved year on year, and the division remained profitable in the cumulative third-quarter period of the current fiscal year.」
The division continued reducing the car carrier fleet and responding to changes in trade patterns to improve operating efficiency, maintaining profitability. - FY2018-Q2RestatedAnnual report
「The division continued working to improve earnings by enhancing operating efficiency in response to fleet reductions and changes in trade patterns. Profitability improved year on year, and the division remained profitable in the cumulative second-quarter period of the current fiscal year.」
The division continued reducing the car carrier fleet and responding to changes in trade patterns to improve operating efficiency, maintaining profitability. - FY2018-Q1First statedAnnual report
「The car carrier division continued working to improve earnings by enhancing operating efficiency in response to fleet reductions and changes in trade patterns. Profitability improved year on year, and the division posted a profit.」
For the car carrier division, improving operating efficiency by reducing the fleet and responding to changes in trade patterns was recorded as a new standalone initiative.