Decline in Revenue from Handling International Transportation Due to Lower Ocean Freight Rates and a Stronger Yen
First written in FY2017-Q3. 11 of 26 entries say "Worsened", first in FY2020-Q2. Latest entry: 2026-07-31.
Mitsubishi Logistics moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Worsened".
- 2026-07-31WorsenedEarnings
「The international freight forwarding business decreased by 2.9% year on year, mainly due to lower ocean freight rates」
Revenue from the international freight forwarding business decreased 2.9% year on year, mainly due to lower ocean freight rates. - FY2026WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 6.4% year on year due to lower ocean freight rates and other factors」
Operating revenue in the International Freight Forwarding Business declined 6.4% year on year for the full year due to lower ocean freight rates and other factors. - FY2026-H1WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 1.8% year on year due to lower ocean freight rates and other factors」
Operating revenue in the International Freight Forwarding Business declined 1.8% year on year due to lower ocean freight rates. - FY2025-H1Declining revenue impact from freight rate normalization coexists with acquisition effectsAnnual report
「Although the international freight forwarding business declined due to factors including the normalization of ocean freight rates, it increased 16.3% year on year due to factors including higher handling volumes following the consolidation of the Cavalier Logistics Group,」
Although the decline resulting from the normalization of ocean freight rates continued, the consolidation of Cavalier Logistics group companies more than offset it, resulting in higher revenue in the International Freight Forwarding Business. - FY2024-Q3WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 47.0% year on year due to lower ocean freight rates and a decrease in cargo volume」
Operating revenue in the International Freight Forwarding Business declined 47.0% year on year due to lower ocean freight rates and a decrease in cargo volume, deteriorating further from the previous quarter's decline. - FY2024-Q2WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 44.7% year on year due to lower ocean freight rates and a decrease in cargo volume」
The decline in revenue in the International Freight Forwarding Business widened to 44.7% year on year due to lower ocean freight rates and a decrease in cargo volume. - FY2024-Q1WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 38.6% year on year due to lower ocean freight rates and a decrease in cargo volume」
Operating revenue in the International Freight Forwarding Business declined 38.6% year on year due to lower ocean freight rates and a decrease in cargo volume. - FY2023-Q2RestatedAnnual report
「In the International Freight Forwarding Business, operating revenue increased 97.3% year on year to ¥63.131 billion, due to an increase in import and export cargo handled and the contributions from higher ocean freight rates and yen depreciation.」
Revenue growth in the International Freight Forwarding Business has continued, driven by increased import and export cargo handled, higher freight rates and yen depreciation. - FY2023-Q1Accelerating revenue growth in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue increased 100.6% year on year to ¥30.216 billion, due to an increase in import and export cargo handled and the contributions from higher ocean and air freight rates and yen depreciation.」
The International Freight Forwarding Business, which had continued to report lower revenue due to a decrease in import and export cargo handled in the previous fiscal year, recorded substantial revenue growth due to increased cargo handling, higher freight rates and the contribution from yen depreciation. - FY2022-Q2RestatedAnnual report
「In the International Freight Forwarding Business, operating revenue increased 41.9% year on year to ¥31.989 billion, due to the recovery in import and export cargo handling and the contribution from higher ocean and air freight rates.」
Revenue growth in the International Freight Forwarding Business has continued, driven by the recovery in import and export cargo handling and higher ocean and air freight rates, following the previous quarter. - FY2022-Q1International Freight Forwarding Business returns to revenue growthAnnual report
「In the International Freight Forwarding Business, operating revenue increased 29.2% year on year to ¥15.064 billion, due to the recovery in import and export cargo handling and the contribution from higher ocean and air freight rates.」
The International Freight Forwarding Business, which had continued to report lower revenue due to a decrease in import and export cargo handled in the previous fiscal year, turned to 29.2% year-on-year revenue growth due to the recovery in cargo handling and higher ocean and air freight rates. - FY2021Continued full-year revenue decline in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue declined 7.2% year on year to ¥46.514 billion, mainly due to a decrease in the volume of import and export cargo handled.」
The International Freight Forwarding Business, which had turned from revenue growth in the previous fiscal year, recorded a 7.2% full-year decline in revenue due to a decrease in the volume of import and export cargo handled. - FY2021-Q2WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 11.6% year on year to ¥22.537 billion, mainly due to a decrease in the volume of import and export cargo handled.」
The decline in revenue in the International Freight Forwarding Business due to the decrease in import and export cargo handled continued, with revenue down 11.6% year on year. - FY2021-Q1WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 11.0% year on year to ¥11.655 billion, mainly due to a decrease in the volume of import and export cargo handled.」
The International Freight Forwarding Business turned from revenue growth in the previous fiscal year to an 11.0% year-on-year decline in operating revenue due to a decrease in import and export cargo handled and other factors resulting from infectious diseases. - FY2020WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 5.4% year on year to ¥50.138 billion, mainly due to a decrease in the volume of import and export cargo handled and yen appreciation.」
The International Freight Forwarding Business turned from revenue growth in the previous fiscal year to a 5.4% full-year decline in operating revenue due to a decrease in import and export cargo handled and yen appreciation. - FY2020-Q3WorsenedAnnual report
「In the Port Transportation Business, operating revenue increased 0.7% year on year to ¥18.014 billion, mainly due to higher container cargo revenue. In the International Freight Forwarding Business, operating revenue declined 6.5% year on year to ¥37.622 billion, due to a decrease in the volume of import and export cargo handled and yen appreciation.」
The decline in revenue in the International Freight Forwarding Business was 6.5% year on year due to a decrease in import and export cargo handled and yen appreciation, deteriorating from revenue growth and slight declines through the previous quarter. - FY2020-Q2WorsenedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 1.5% year on year to ¥25.483 billion, mainly due to a decrease in the volume of import and export cargo handled.」
The International Freight Forwarding Business turned from revenue growth driven by the continued increase in import and export cargo handled since the previous fiscal year to a 1.5% decline in revenue due to a decrease in cargo handled and other factors. - FY2020-Q1Continued slight revenue growth in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue increased 0.8% year on year to ¥13.098 billion, mainly due to an increase in the volume of import and export cargo handled.」
Revenue growth resulting from the increase in import and export cargo handled since the previous fiscal year continued, although the growth rate was limited to 0.8%. - FY2019Continued revenue growth in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue increased 6.0% year on year to ¥53.015 billion, mainly due to an increase in the volume of import and export cargo handled.」
The business turned from lower revenue in the previous fiscal year due to lower ocean freight rates and yen appreciation, with full-year revenue growth continuing as a result of increased import and export cargo handling. - FY2019-Q2Continued revenue growth in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue increased 7.0% year on year to ¥25.876 billion, mainly due to an increase in the volume of import and export cargo handled.」
The business turned from lower revenue in the previous fiscal year due to lower ocean freight rates and yen appreciation, with revenue growth continuing as a result of increased import and export cargo handling. - FY2019-Q1Continued revenue growth in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue increased 11.9% year on year to ¥12.993 billion, mainly due to an increase in the volume of import and export cargo handled.」
The International Freight Forwarding Business turned from lower revenue in the previous fiscal year due to lower ocean freight rates and yen appreciation to continued revenue growth, mainly due to an increase in the volume of import and export cargo handled. - FY2018Full-year revenue growth continues in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue increased 13.3% year on year to ¥50.0 billion, mainly due to an increase in the volume of import and export cargo handled.」
The International Freight Forwarding Business, which had reported lower revenue due to lower ocean freight rates and yen appreciation in the previous fiscal year, recorded higher full-year revenue, mainly due to an increase in the volume of import and export cargo handled. - FY2018-Q2Continued revenue growth in the International Freight Forwarding BusinessAnnual report
「In the International Freight Forwarding Business, operating revenue increased 15.0% year on year to ¥24.182 billion, mainly due to an increase in the volume of import and export cargo handled.」
The International Freight Forwarding Business, which had reported lower revenue due to lower ocean freight rates and yen appreciation in the previous fiscal year, recorded higher revenue, mainly due to an increase in the volume of import and export cargo handled, continuing from the previous quarter. - FY2018-Q1International Freight Forwarding Business returns to revenue growthAnnual report
「In the International Freight Forwarding Business, operating revenue increased 5.8% year on year to ¥11.615 billion, mainly due to an increase in the volume of import and export cargo handled.」
The International Freight Forwarding Business, which had reported lower revenue due to lower ocean freight rates and yen appreciation in the previous fiscal year, recorded higher revenue in the current quarter, mainly due to an increase in the volume of import and export cargo handled. - FY2017RestatedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 10.1% year on year to ¥44.146 billion, mainly due to lower ocean freight rates and yen appreciation.」
The decline in revenue in the International Freight Forwarding Business due to lower ocean freight rates and yen appreciation was also confirmed for the full year, with operating revenue down 10.1% year on year. - FY2017-Q3MaterialisedAnnual report
「In the International Freight Forwarding Business, operating revenue declined 16.6% year on year to ¥31.498 billion, mainly due to lower ocean freight rates and yen appreciation.」
The effects of lower ocean freight rates and yen appreciation have materialized as a decline in operating revenue in the International Freight Forwarding Business.