Impact of economic conditions, political and social factors, natural disasters and other events on maritime transportation
First written in FY2017. 11 of 26 entries say "Restated". Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07MaterialisedEarnings
「自動車輸送事業は、完成車輸送需要が底堅く推移した一方で、ホルムズ海峡封鎖に伴うペルシャ湾向け配船の停止や燃料費の増加、並びに一部港湾の混雑に伴う配船制約の影響を受け、前年同期比で減益となりました。」
中東情勢とホルムズ海峡封鎖が、配船停止・配船制約・燃料費増加を通じて実際の事業影響として現れた。 - FY2026MitigatedAnnual report
「Regarding the charter contracts for 3 LNG carriers and 1 condensate tanker with icebreaking capability, representing total investment of approximately ¥100.8 billion (*), the Company is taking the necessary measures in response to stronger US and European sanctions. The 7 vessels with specialized specifications, including icebreaking capability, including those not requiring changes to their contract structures, represent total investment of approximately ¥159.1 billion (**). Because they are difficult to redeploy to other businesses, if the contracts were to become impossible to continue, the Company would take maximum measures, including selling the vessels to relevant parties, but their asset values could decline.」
Investment in the 7 Russia-related vessels with specialized specifications declined from approximately ¥165.2 billion in the previous fiscal year to approximately ¥159.1 billion. The necessary measures in response to US and European sanctions continue. - FY2025Decline in investment in Russia-related vessels with specialized specifications and continued response measuresAnnual report
「As of the present, 15 LNG carriers and 1 condensate tanker relating to Russia-related businesses where geopolitical risk has materialized are engaged in charter contracts or awaiting the commencement of charter contracts. Regarding the charter contracts for 3 LNG carriers and 1 condensate tanker with icebreaking capability, representing total investment of approximately ¥103.2 billion (*), the Company is taking the necessary measures in response to stronger US and European sanctions. The 7 vessels with specialized specifications, including icebreaking capability, including those not requiring changes to their contract structures, represent total investment of approximately ¥165.2 billion (**). Because they are difficult to redeploy to other businesses, if the contracts were to become impossible to continue, the Company would take maximum measures, including selling the vessels to relevant parties, but their asset values could decline.」
The Company disclosed investment of approximately ¥165.2 billion in 7 Russia-related vessels with specialized specifications and continues to take the necessary measures in response to US and European sanctions. - FY2025-H1The risk of changes to the contract structure for Russia-related vessels became more specific.Annual report
「Regarding the charter contracts for 3 LNG carriers and 1 condensate tanker with icebreaking capability, representing total investment of approximately ¥105.6 billion (*), the Company is discussing the matter with the relevant parties because stronger US and European sanctions have made it necessary to change the contract structure. The 7 vessels with specialized specifications, including icebreaking capability, including those not requiring changes to their contract structures, represent total investment of approximately ¥170.2 billion (**). Because they are difficult to redeploy to other businesses, if the contracts were to become impossible to continue, the Company would take maximum measures, including selling the vessels to relevant parties, but their asset values could decline.」
Stronger US and European sanctions forced changes to the contract structures for 4 Russia-related vessels, comprising LNG carriers and a condensate tanker, and the Company disclosed exposure to 7 vessels with specialized specifications that are difficult to redeploy, representing approximately ¥170.2 billion. - FY2024WorsenedAnnual report
「Of these, 7 vessels with specialized specifications, including icebreaking capability, representing total investment of approximately ¥194.6 billion (*), are difficult to redeploy to other businesses. If the contracts were to become impossible to continue, the Company would take maximum measures, including selling the vessels to relevant parties, but their asset values could decline.」
The Company disclosed total investment of approximately ¥194.6 billion in 7 Russia-related vessels with specialized specifications that are difficult to redeploy. It stated that their proportion of shareholders' equity is small and their impact is limited. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2024-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2024-Q1RestatedAnnual report
「During the first three months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2023WorsenedAnnual report
「15 LNG carriers and 1 condensate tanker are engaged in charter contracts or awaiting the commencement of charter contracts. Of these, 7 vessels with specialized specifications, including icebreaking capability, representing total investment of approximately ¥144.8 billion, are difficult to redeploy to other businesses. If the contracts were to become impossible to continue, the Company would take maximum measures, including selling the vessels to relevant parties, but their asset values could decline.」
The Company disclosed exposure to 16 Russia-related vessels, including LNG carriers, and 7 vessels with specialized specifications that are difficult to redeploy, representing approximately ¥144.8 billion. - FY2023-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2023-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2023-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, there were no newly arising business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2022WorsenedAnnual report
「In FY2022, the business environment surrounding the Group became increasingly challenging, owing to rising geopolitical tensions, including the Russia-Ukraine conflict, concerns over a global economic slowdown resulting from broad-based inflation, and growing societal demands for stronger measures to reduce environmental impact.」
The previously identified economic, political and social risks were described specifically, including the Russia-Ukraine conflict, geopolitical tensions, broad-based inflation, and concerns over a global economic slowdown. - FY2022-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2022-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2022-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, there were no newly arising business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2021-Q3MaterialisedAnnual report
「Passenger volumes, which had fallen sharply due to the impact of COVID-19, temporarily recovered with the support of the government's Go To Travel campaign, but declined again after the campaign was suspended as infections resurged. Cargo movements, meanwhile, have generally been recovering, although conditions vary by route. However, as they remained below the previous year's level overall, profit and loss deteriorated year on year.」
Infection risk continued to materialize in the suspension of the Go To Travel campaign, the renewed decline in passenger volumes, cargo movements below the previous year's level, and deteriorating profit and loss. - FY2021-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2021-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, there were no newly arising business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was explained that there were no new business or other risks, nor any material changes from the previous fiscal year. - FY2020WorsenedAnnual report
「Although the situation differed by business segment, the global spread of the novel coronavirus was expected to have a significant impact on the company's business through stagnant and declining freight volumes.」
The previously listed risks related to infectious diseases and social disruption materialized and expanded into specific risks involving the global spread of the novel coronavirus and declining freight volumes. - FY2020-Q3MaterialisedAnnual report
「In the ferry and domestic RORO shipping business, freight volumes remained solid due to modal shift driven by truck-driver shortages and aging drivers, as well as workstyle reform in the road transportation industry. However, volumes weakened due to the impact of a major typhoon and the economic downturn from around the autumn onward.」
The impact of the major typhoon and the economic downturn from around the autumn onward actually emerged as weaker freight volumes in the ferry and domestic RORO shipping business. - FY2020-Q2MaterialisedAnnual report
「Although negative factors included canceled services due to a major typhoon during the peak season, the ferry and domestic RORO shipping division as a whole reported a profit.」
A major typhoon actually caused service cancellations, becoming a negative factor for the ferry and domestic RORO shipping business. However, the division as a whole reported a profit. - FY2019-Q2MaterialisedAnnual report
「Although passenger demand remained strong in the cruise business, several Nippon Maru cruises were forced to cancel due to typhoons and earthquakes, and profit was nevertheless slightly higher than in the same period of the previous year.」
Typhoons and earthquakes resulted in the cancellation of multiple cruises, and the impact of natural disasters on the business materialized. - FY2018-Q3MaterialisedAnnual report
「Although freight transportation demand remained firm in the ferry and domestic RORO shipping business as modal shift progressed, the number of canceled services increased in the third quarter due to typhoons and vessel problems, resulting in lower profit than in the same period of the previous year.」
The increase in canceled services due to typhoons and vessel problems actually occurred and emerged as a factor behind lower profit in the ferry and domestic RORO shipping business. - FY2018-Q2MaterialisedAnnual report
「Despite the cancellation of multiple services due to typhoons, the company secured profit at approximately the same level as in the previous year.」
Among the risks from natural disasters, typhoons actually caused the cancellation of multiple services and affected the performance of the ferry and domestic RORO shipping business. - FY2017First statedAnnual report
「Unexpected events arising from economic conditions around the world, terrorism, war and other political or social factors, natural phenomena and disasters, infectious diseases, strikes and other causes of social disruption may adversely affect the business in the relevant regions and markets.」
The company listed external factors including economic, political and social conditions, natural disasters, infectious diseases and strikes as the principal risks that could affect its marine transportation business as a whole.