Fluctuations in transport procurement costs due to fuel prices and vessel demand
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 11 of 24 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「As a general rule, we pass increases in ocean freight rates on to sales prices, and reflect them in sales prices as appropriate after regularly checking the rates charged by each shipping company.」
Explicitly stated that, as a general rule, ocean freight increases due to fuel prices and vessel supply and demand are passed on to sales prices. - FY2023RestatedAnnual report
「In addition, if freight rates charged by ocean carriers rise because of higher fuel prices or tight vessel supply and demand, sales costs will increase.」
Continued disclosure of the risk of higher transport costs due to fuel prices and vessel supply and demand. - FY2022RestatedAnnual report
「In addition, if freight rates charged by ocean carriers rise because of higher fuel prices or tight vessel supply and demand, sales costs will increase.」
Continued disclosure of the risk of higher transport costs due to rising fuel prices and tight vessel supply and demand. - FY2018First statedAnnual report
「If freight rates charged by ocean carriers rise because of higher fuel prices, tight vessel supply and demand, or other factors, the Group's procurement costs could increase.」
Describes the potential impact on performance if higher freight rates cannot be passed on through sales prices.