Pressure on profits from increases in transportation expenses, labor costs and other expenses
First written in FY2020-Q1. 12 of 15 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2022: 64 of 103 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Profit was ¥8,548 million, up 9.5% year on year, due in part to the company's continued efforts to thoroughly manage costs, improve operating efficiency and profitability, and reform work styles.」
The company continued cost management, operating efficiencies, improvements in profitability, and work-style reforms, and operating profit rose 9.5% year on year. - 2026-05-14MitigatedEarnings
「Ordinary income increased year on year, reflecting higher port-cargo handling volumes, productivity gains from efficient operations, appropriate pricing and an increase in dividend income.」
The company reports year-on-year growth in ordinary income despite the cost environment, supported by productivity gains and appropriate pricing, among other factors. - FY2025MitigatedAnnual report
「Profit was ¥7,805 million, up 25.1% year on year, due in part to the company's continued efforts to thoroughly manage costs, improve operating efficiency and profitability, and reform work styles.」
The company continued cost management, operating efficiencies, and improvements in profitability, and operating profit rose 25.1% year on year. The company also describes measures addressing profit pressure from higher costs alongside the improvement in results. - FY2025-H1MitigatedAnnual report
「Profit increased year on year due to appropriate pricing, higher dividend income, and productivity improvements and cost reductions resulting from efficient operations.」
The company states that measures addressing profit pressure from higher costs, including appropriate pricing, efficient operations, productivity improvements, and cost reductions, led to higher profit. - FY2023MaterialisedAnnual report
「Various labor costs in the integrated logistics business increased due in part to higher fuel costs and other prices and soaring ocean freight rates, resulting in ¥120.054 billion, up 15.7% year on year.」
Higher labor costs resulting from fuel costs, rising prices, and soaring ocean freight rates actually occurred and became a factor putting pressure on profits. - FY2023-Q3MitigatedAnnual report
「Consolidated ordinary profit rose 26.1% year on year to ¥8,162 million, as the company pursued further operating efficiencies and improvements in profitability while significantly increasing sales, with equity-method investment gains and foreign exchange gains making substantial contributions to results.」
Consolidated ordinary profit rose 26.1% year on year as the company pursued operating efficiencies and improvements in profitability. The company continues to address profit pressure from transportation and labor costs. - FY2023-Q2MitigatedAnnual report
「Consolidated ordinary profit rose 31.4% year on year to ¥5,473 million, as the company pursued further operating efficiencies and improvements in profitability while significantly increasing sales, with equity-method investment gains and foreign exchange gains making substantial contributions to results.」
Consolidated ordinary profit rose 31.4% year on year as the company continued to pursue operating efficiencies and improvements in profitability. The company continues to address profit pressure from transportation and labor costs. - FY2023-Q1MitigatedAnnual report
「Consolidated ordinary profit rose 36.7% year on year to ¥2,575 million, supported by continued operating efficiencies and cost reductions, equity-method investment gains, and foreign exchange gains, while sales increased.」
In response to profit pressure from higher transportation and labor costs, the company continued to pursue operating efficiencies and cost reductions, and ordinary profit rose 36.7% year on year. - FY2022MitigatedAnnual report
「Consolidated ordinary profit rose 58.2% year on year to ¥8,368 million, supported by continued operating efficiencies and cost reductions, equity-method investment gains, and foreign exchange gains, while sales increased substantially,」
Although cost of sales, including various labor costs, increased, ordinary profit rose 58.2% year on year due to continued operating efficiencies and cost reductions. - FY2022-Q3MitigatedAnnual report
「Consolidated ordinary profit rose 83.5% year on year to ¥6,473 million, supported by continued operating efficiencies and cost reductions, as well as contributions from equity-method investment gains, while sales increased substantially.」
Consolidated ordinary profit rose 83.5% year on year as the company continued to pursue operating efficiencies and cost reductions. The company continues to address profit pressure from transportation and labor costs. - FY2022-Q2MitigatedAnnual report
「As a result, consolidated net sales for the cumulative second quarter under review rose 16.0% year on year to ¥55.731 billion. Warehouse operations performed steadily, driven by strong handling of key cargoes such as automotive parts and consumer goods; handling in the land transportation and port transportation businesses also remained strong; and the international multimodal transportation business grew substantially, with overseas subsidiaries achieving record-high results. Consolidated ordinary profit rose 118.5% year on year to ¥4,166 million, as the company continued cost controls initiated in the previous fiscal year, pursued further operating efficiencies and improvements in profitability, and benefited from higher dividend income, despite the substantial increase in sales.」
Consolidated ordinary profit rose 118.5% year on year as the company continued cost controls from the previous fiscal year and pursued operating efficiencies and improvements in profitability. The company continues to address profit pressure from transportation and labor costs. - FY2022-Q1MitigatedAnnual report
「Consolidated ordinary profit rose 128.0% year on year to ¥1,883 million, driven by higher sales and equity-method investment gains, as well as the company's continued focus on cost reductions from the previous fiscal year.」
The company continued to focus on cost reductions from the previous fiscal year, and ordinary profit increased substantially together with higher sales and other factors. - FY2021MitigatedAnnual report
「Costs of operations in the warehousing, port transportation and land transportation businesses declined, as did one-time costs associated with the operation of new sites, resulting in ¥90.682 billion, down 1.6% year on year.」
The increases in labor and other costs that became apparent in the previous fiscal year declined in the current fiscal year, contributing to a reduction in cost of sales. - FY2020-Q2MaterialisedAnnual report
「Consolidated ordinary profit decreased 1.1% year on year to ¥2.188 billion, due to increases in transportation and handling costs as well as taxes and dues associated with the construction of a new warehouse.」
Continued increases in transportation and labor costs were a factor reducing ordinary profit by 1.1% year on year. - FY2020-Q1MaterialisedAnnual report
「Consolidated ordinary profit fell 4.6% year on year to ¥1,146 million, due to increases in transportation and labor costs.」
Higher transportation and labor costs actually occurred as factors behind the decline in ordinary profit in the first quarter under review, with ordinary profit down 4.6% year on year.