Risk of Margin Pressure from Rising Labor, Fuel, and Material Costs
First written in FY2022. 3 of 6 entries say "Restated". Latest entry: FY2026.
Japan Transcity moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
1 other company's 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.」
Labor shortages and rising costs continue to be described as structural factors putting pressure on profits in the logistics industry. - 2026-05-14RestatedEarnings
「Although the business environment remains challenging because of cost increases caused by inflation, including soaring fuel and material costs and labor shortages,」
Soaring fuel and material costs, labor shortages and inflation-driven cost increases continue to be described as challenging business conditions. - FY2025-H1RestatedAnnual report
「Personal consumption also increased at a modest pace as inflation caused by higher energy and raw-material prices continued, but uncertainty about the outlook persisted.」
The company continues to describe inflation caused by higher energy and raw-material prices and uncertainty about the outlook, reconfirming risks relating to the cost environment, including labor, fuel and materials costs. - FY2023WorsenedAnnual report
「In the logistics industry, domestic production activity is expected to deteriorate, while uncertainty surrounding import and export freight is increasing because of the global economic slowdown. The environment surrounding logistics, including higher fuel and materials costs, is expected to continue requiring responses to ongoing changes.」
The company identified an environment of uncertainty caused by deteriorating production activity and the global economic slowdown, together with continuing increases in fuel and materials costs, as a risk. - FY2023-Q2WorsenedAnnual report
「During the six months ended the second quarter, Japan's economy maintained its recovery trend despite the spread of COVID-19 variants and supply constraints for raw materials, including semiconductors. However, uncertainty remained due to high inflation caused by the rapid resumption of social and economic activity in the United States and Europe, geopolitical risks and China's zero-COVID policy, among other factors.」
In addition to the previous increases in labor, fuel and materials costs, supply constraints on raw materials and high inflation in the United States and Europe were explicitly identified as sources of uncertainty in the business environment. - FY2022First statedAnnual report
「In the logistics industry, domestic movements of consumer-related and production-related freight are expected to remain firm, and import and export freight is also expected to remain solid. However, uncertainty remains, including inventory adjustments in production activity, and the environment surrounding logistics, including higher labor, fuel and materials costs, is expected to continue requiring responses to ongoing changes.」
The company describes higher labor, fuel and materials costs as a new logistics-environment risk alongside freight movements and inventory adjustments. The main text also identifies higher resource prices as an event that has actually occurred.