Risk of Driver Shortages and Intensifying Competition Among Companies
First written in FY2016. 4 of 7 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Japan Transcity moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the logistics industry, although cargo movements are expected to recover, structural challenges such as labor shortages and rising costs remain apparent.」
The company continues to identify labor shortages and rising costs as structural challenges facing the logistics industry. - 2026-05-14WorsenedEarnings
「In the logistics industry, although cargo movements are expected to recover, structural challenges such as labor shortages and rising costs remain apparent.」
Labor shortages and rising costs continue to be identified as apparent structural challenges. - FY2025WorsenedAnnual report
「Although a gradual recovery of the domestic economy is expected in the logistics industry, structural challenges such as labor shortages and operating constraints remain evident, while uncertainty remains for import and export cargo due to the impact of exchange-rate fluctuations and geopolitical risks. The environment surrounding logistics is therefore expected to continue requiring responses to ongoing changes.」
In addition to the existing labor shortage, the company explicitly identifies operating constraints as a structural challenge and notes uncertainty for import and export cargo due to exchange-rate fluctuations and geopolitical risks. - FY2019RestatedAnnual report
「The environment surrounding the logistics industry is expected to remain challenging, including due to the worsening labor shortage and efforts to improve working conditions.」
The company continues to identify the worsening labor shortage in the logistics industry and efforts to improve working conditions as business-environment risks. - FY2018WorsenedAnnual report
「The environment surrounding the logistics industry is expected to remain challenging, given concerns that could restrain economic growth, including the worsening shortage of labor, particularly drivers, and efforts to improve working conditions.」
The wording concerning the labor shortage has been strengthened from the previous concern to "worsening," while efforts to improve working conditions continue to be identified as an earnings risk factor. - FY2017WorsenedAnnual report
「The operating environment surrounding logistics is expected to remain difficult, as concerns over downside risks to earnings persist, including labor shortages in the logistics industry, particularly among drivers, and the need to address improvements in working conditions.」
In addition to the existing driver shortage, the company identifies the industry-wide labor shortage and efforts to improve working conditions as factors that could cause earnings to fall short. - FY2016First statedAnnual report
「The operating environment surrounding logistics is expected to remain difficult, as concerns over downside risks to earnings persist, including the impact of driver shortages and other factors on delivery profitability and further intensification of competition among companies.」
The impact of driver shortages on delivery profitability and intensifying competition among companies were identified as industry-specific downside factors.