Increased Uncertainty in Freight Volumes Due to the Consumption Tax Hike
First written in FY2019. . Latest entry: FY2020-Q3.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2020-Q3Volume fluctuations and higher costs before and after the consumption tax increaseAnnual report
「Increased inventory storage and transportation costs due to greater-than-expected fluctuations in volumes handled before and after the consumption tax increase in logistics for home-appliance retailers」
The company explained that, following the consumption tax increase, greater-than-expected fluctuations in volumes handled before and after the increase actually occurred, along with the resulting increases in inventory storage and transportation costs, making cargo movements less predictable. - FY2020-Q2Increase in handling volumes before the consumption tax increaseAnnual report
「Handling volumes increased before the consumption tax increase, particularly in logistics operations for consumer electronics retailers.」
In connection with the uncertainty in cargo movements due to the consumption tax increase anticipated in the previous fiscal year, the company has actually described an increase in handling volumes due to demand being brought forward before the tax increase. - FY2019First statedAnnual report
「The business environment surrounding logistics is expected to remain difficult, as uncertainty in cargo movements has increased due to trends in US-China trade policy and the consumption tax increase scheduled for October 2019, in addition to rising labor costs caused by labor shortages.」
The consumption tax increase in October 2019 is identified for the first time in the outlook for the next fiscal year as a factor increasing uncertainty in cargo movements.