Higher transportation costs caused by rising fuel prices
First written in FY2022-Q1. 4 of 8 entries say "Restated". Latest entry: FY2026-H1.
Nippon Express Holdings moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 7 of 17 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In domestic logistics, cargo movements improved as consumer spending and capital investment recovered, but upward pressure on logistics costs, including labor and crude oil prices, remained strong, and conditions continued to be difficult.」
Strong upward pressure on logistics costs, including crude oil prices, continues to be recognized as a transportation-cost risk. - 2026-05-13MaterialisedRevision of earnings forecasts
「Higher fares resulting from soaring fuel costs pushed up logistics costs.」
Describes the actual impact of soaring fuel costs on fares and logistics costs. - FY2025-H1RestatedAnnual report
「The business environment continued to require responses to upward logistics-cost pressures, including higher transportation costs resulting from persistently high fuel prices and higher general prices.」
Upward pressure on transportation costs, including fuel, continued during the current interim consolidated accounting period. - FY2024RestatedAnnual report
「The logistics industry continued to face the need to respond to the 2024 problem and upward cost pressures, including higher labor and fuel costs.」
Upward pressure on various costs, including fuel, continued in the business environment. - FY2023RestatedAnnual report
「In Japan, close attention remains necessary to developments including higher procurement costs associated with inflation and a weaker yen and the logistics industry’s 2024 problem.」
Higher energy and procurement costs, including fuel costs, continue to be identified as actual business-environment risks. - FY2022MaterialisedAnnual report
「Although fuel prices have risen sharply, selling prices for air and ocean cargo have continued to increase.」
The sharp increase in fuel prices appeared in the results of the Japan logistics business, reaffirming the materialization of the transportation-cost risk. - FY2022-Q3MaterialisedAnnual report
「Close attention remains necessary to developments including higher fuel costs and other procurement costs associated with rising energy prices.」
Higher fuel and procurement costs have materialized as an actual business-environment risk. - FY2022-Q1First statedAnnual report
「If crude oil prices rise, transportation costs such as fuel, vessel-use and air-transportation costs will increase, mainly in the logistics and security transportation segments.」
The impact of fuel-price fluctuations and the inability to pass costs on to customers on profit and financial position is described.