Reliance on a specific shipping company and the risk of securing vessel capacity
First written in FY2018. 3 of 5 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2026: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「The Group is also working to diversify its transportation methods, including the use of chartered vessels and vessels other than vehicle carriers.」
In response to reliance on major shipping companies and the risk of securing vessel capacity, the Group is strengthening business relationships with other shipping companies and expanding the use of chartered vessels and vessels other than vehicle carriers. - FY2023MitigatedAnnual report
「While maintaining good business relationships with major shipping companies, the Group is working to secure vessel capacity on a stable basis by strengthening its business relationships with other shipping companies. It is also working to diversify its transportation methods, including the use of vessels other than vehicle carriers.」
In response to reliance on a specific shipping company and the risk of securing vessel capacity, the Group stated that it would strengthen business relationships with other companies and diversify transportation methods, including the use of vessels other than vehicle carriers. - FY2022MitigatedAnnual report
「A single major shipping company accounted for approximately 60% of ocean transport procurement costs, consisting of the cost of renting vessel cargo space, in the current consolidated fiscal year.」
Although reliance on a single major shipping company declined from approximately 70% to approximately 60%, dependence remained high. - FY2021WorsenedAnnual report
「A single major shipping company accounted for approximately 70% of ocean transport procurement costs(*) in the current consolidated fiscal year. Depending on circumstances at that company, delivery schedules and vessel capacity could change suddenly, making the planned transportation difficult.」
Disclosed that approximately 70% depended on a single major shipping company and described the risk that changes in delivery schedules and vessel capacity could make transportation difficult. The disclosed percentage increased from 65.7% previously. - FY2018First statedAnnual report
「Toyofuji Shipping Co., Ltd. accounted for 65.7% of ocean transport procurement costs(*) in the current consolidated fiscal year.」
Disclosed that 65.7% of ocean transport procurement costs depended on a specific supplier, and described the potential impact of changes in terms and conditions or insufficient vessel capacity on delivery schedules and revenue recognition.