Sluggish Domestic Freight Demand and Intensifying Competition in the Logistics Industry
First written in FY2016-Q2. 10 of 34 entries say "Restated". Latest entry: FY2026-H1.
Maruhachi Warehouse moved to the "Worse" side of this theme in 2022.
1 other company's latest entry also says "Other".
- FY2026-H1Warehousing balances broadly return to the previous year’s levelAnnual report
「Against this economic backdrop, the logistics industry has begun to show a tendency for both the volume and value of goods in storage to remain roughly at the level of the same month of the previous year. However, overall costs have risen due to labor shortages and soaring prices, while competition has also intensified, and the difficult environment continues.」
The wording changed from the previous tendency for both the volume and value of goods in storage to remain generally above the same month of the previous year to a level roughly in line with the same month of the previous year. Meanwhile, difficult conditions due to labor shortages, higher costs resulting from soaring prices, and intensifying competition continue. - FY2025Goods in storage moved toward a trend above the previous yearAnnual report
「Against this economic backdrop, the logistics industry has begun to show a tendency for both the volume and value of goods in storage to remain generally above the level of the same month of the previous year. However, overall costs have risen due to labor shortages and soaring prices, while competition has also intensified, and the difficult environment continues.」
The wording changed from roughly the same month of the previous year to a tendency for both the volume and value of goods in storage to exceed the same month of the previous year. Meanwhile, the difficult environment caused by labor shortages, soaring prices, and intensifying competition continues. - FY2025-H1Goods in storage moved to roughly the same level as the same month of the previous yearAnnual report
「Against this economic backdrop, the logistics industry has begun to show a tendency for both the volume and value of goods in storage to remain roughly at the level of the same month of the previous year. However, overall costs have risen due to labor shortages and soaring prices, while competition has also intensified, and the difficult environment continues.」
The wording changed from the previous level below the previous year to a level for both the volume and value of goods in storage that was roughly in line with the same month of the previous year. Meanwhile, difficult conditions due to labor shortages, higher costs resulting from soaring prices, and intensifying competition continue. - FY2024-Q2WorsenedAnnual report
「Against this economic backdrop, the logistics industry has remained at levels below the previous year in both the volume and value of goods in storage, while overall costs have risen due to labor shortages and soaring prices, particularly fuel prices. Competition has also intensified, and the difficult environment continues.」
The previous quarter's "roughly in line with the same month of the previous year" changed to levels below the previous year in both the volume and value of goods in storage. Difficult conditions due to labor shortages, higher costs resulting from soaring prices, and intensifying competition also continue. - FY2024-Q1Warehousing balances move from above to broadly in line with the previous year’s levelsAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, have begun to trend broadly in line with the levels of the same months of the previous year in the logistics industry. However, costs have risen across the board because of higher prices, including fuel prices, in addition to labor shortages, and competition has intensified, so difficult conditions have continued.」
The wording changed from “trending above the levels of the same months of the previous year” in the previous fiscal year to warehousing balances, both in volume and value, being broadly at the levels of the same months of the previous year. Meanwhile, difficult conditions resulting from labor shortages, higher costs due to higher prices, and intensifying competition have continued. - FY2023RestatedAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, have begun to trend above the levels of the same months of the previous year in the logistics industry. However, costs have risen across the board because of higher prices for various commodities, including fuel, in addition to labor shortages, and competition has intensified, so difficult conditions have continued.」
While recovery in warehousing balances is described, difficult conditions resulting from labor shortages, higher costs due to higher prices including fuel prices, and intensifying competition have continued. - FY2023-Q3RestatedAnnual report
「In the logistics industry, warehousing balances, both in volume and value, have begun to trend above the levels of the same months of the previous year. However, costs have risen across the board because of higher prices, including fuel prices, in addition to labor shortages, and competition has intensified, so difficult conditions have continued.」
While warehousing balances, both in volume and value, have shown a tendency to exceed the levels of the same months of the previous year, difficult conditions resulting from labor shortages, higher costs due to higher prices including fuel prices, and intensifying competition have continued. - FY2023-Q2RestatedAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, have begun to trend above the levels of the same months of the previous year in the logistics industry. However, costs have risen across the board because of higher prices, including fuel prices, in addition to labor shortages, and competition has intensified, so difficult conditions have continued.」
While warehousing balances, both in volume and value, have shown a tendency to exceed the levels of the same months of the previous year, difficult conditions resulting from labor shortages, higher costs due to higher prices including fuel prices, and intensifying competition have continued. - FY2023-Q1WorsenedAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, have begun to trend above the levels of the same months of the previous year in the logistics industry. However, costs have risen across the board because of higher prices, including fuel prices, in addition to labor shortages, and competition has intensified, so difficult conditions have continued.」
While warehousing balances, both in volume and value, have shown a tendency to exceed the levels of the same months of the previous year, broad-based cost increases due to higher prices, including fuel prices, have been newly identified in addition to labor shortages, and difficult conditions have continued. - FY2022-Q3RestatedAnnual report
「In the logistics industry, warehousing balances, both in volume and value, have trended higher year on year. However, costs have risen because of labor shortages, and competition has intensified, so difficult conditions have continued.」
Warehousing balances, both in volume and value, are trending higher year on year, while difficult conditions resulting from higher costs attributable to labor shortages and intensifying competition have continued. - FY2022-Q2Inbound freight and warehousing balances trend higher year on yearAnnual report
「In the logistics industry, inbound freight volume and warehousing balance volume have both trended higher year on year. However, costs have risen because of labor shortages, and competition has intensified, so difficult conditions have continued.」
Inbound freight volume and warehousing balance volume turned to a year-on-year increase, while difficult conditions resulting from higher costs attributable to labor shortages and intensifying competition continued. - FY2022-Q1WorsenedAnnual report
「Against this economic backdrop, inbound freight volume and warehousing balance volume in the logistics industry have both remained below the previous year’s levels. Costs have also risen because of labor shortages, and competition has intensified, so difficult conditions have continued.」
It states that inbound freight volume and warehousing balance volume in the logistics industry have declined year on year, and that difficult conditions, including higher costs attributable to labor shortages and intensifying competition, have continued. - FY2021WorsenedAnnual report
「In the logistics industry, warehousing balance volume has remained below the level of the same month of the previous year. Costs have also risen because of labor shortages, and competition has intensified, so difficult conditions have continued.」
The description changed from “broadly at the previous year’s level” in the previous quarter to warehousing balance volume being below the level of the same month of the previous year. Higher costs attributable to labor shortages and intensifying competition have also continued. - FY2021-Q3Warehousing balances return to the previous year’s levelsAnnual report
「In the logistics industry, warehousing balances, both in volume and value, have remained broadly at the previous year’s levels. However, costs have risen because of labor shortages, and competition has intensified, so difficult conditions have continued.」
The wording changed from “showing signs of recovery” in the previous quarter to warehousing balances, both in volume and value, being broadly at the previous year’s levels. Meanwhile, difficult conditions resulting from higher costs attributable to labor shortages and intensifying competition have continued. - FY2021-Q2Inbound freight and warehousing balances show signs of recoveryAnnual report
「In the logistics industry, inbound freight value and warehousing balance value showed signs of recovery from the same month of the previous year. However, costs rose because of labor shortages, and competition intensified, so difficult conditions continued.」
Inbound freight value and warehousing balance value showed signs of recovery from the same month of the previous year, while difficult conditions resulting from higher costs attributable to labor shortages and intensifying competition continued. - FY2021-Q1Inbound freight and warehousing balance value edge up year on yearAnnual report
「In the logistics industry, inbound freight value and warehousing balance value both edged up year on year, but costs rose because of labor shortages. Competition also intensified, so difficult conditions continued.」
Inbound freight value and warehousing balance value edged up year on year, while difficult conditions resulting from higher costs attributable to labor shortages and intensifying competition continued. - FY2020-Q3Warehousing balances edge up, but inbound and outbound activity remains weakAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, showed signs of turning to a slight year-on-year increase. However, inbound and outbound activity remained below the previous year’s levels, and costs rose because of labor shortages. Competition also intensified, so difficult conditions continued.」
Warehousing balances, both in volume and value, turned to a slight year-on-year increase, while inbound and outbound activity remained below the previous year’s levels. Difficult conditions resulting from higher costs attributable to labor shortages and intensifying competition continued. - FY2020-Q2WorsenedAnnual report
「The spread of the novel coronavirus infection could cause domestic and international economic activity and domestic freight movement to weaken, potentially affecting the business activities, financial condition and operating results of the Group.」
In addition to the previously noted intensifying competition and higher costs attributable to labor shortages, the weakening of domestic freight movement caused by the spread of the novel coronavirus infection is explicitly identified as an additional factor affecting operations. - FY2020-Q1WorsenedAnnual report
「Against this economic backdrop, inbound freight value and warehousing balance value in the logistics industry have both remained below the previous year’s levels. Costs have also risen because of labor shortages, and competition has intensified, so difficult conditions have continued.」
The description changed from warehousing balances, both in volume and value, remaining above the previous year’s levels to inbound freight value and warehousing balance value remaining below the previous year’s levels. Higher costs attributable to labor shortages and intensifying competition have also continued. - FY2019Warehousing balances remain above the previous year’s levelsAnnual report
「In the logistics industry, warehousing balances, both in volume and value, have remained above the previous year’s levels, indicating signs of recovery in domestic freight movement. However, competition has intensified, and difficult conditions have continued.」
While domestic freight movement showed signs of recovery and warehousing balances, both in volume and value, remained above the previous year’s levels, difficult conditions resulting from intensifying competition continued. - FY2019-Q3Warehousing balances continue to trend higherAnnual report
「In the logistics industry, domestic freight movement has remained solid, and warehousing balances, both in volume and value, have continued to trend higher year on year. However, costs have risen because of intensifying competition and labor shortages, and difficult conditions have continued.」
While domestic freight movement remained solid and warehousing balances, both in volume and value, continued to trend higher year on year, higher costs attributable to intensifying competition and labor shortages, as well as difficult conditions, continued. - FY2019-Q2RestatedAnnual report
「Against this economic backdrop, domestic freight movement in the logistics industry has remained solid. However, costs have risen because of intensifying competition and labor shortages, and difficult conditions have continued.」
Domestic freight movement has remained solid, while higher costs attributable to intensifying competition and labor shortages, as well as difficult conditions, have continued. - FY2019-Q1Domestic freight movement turns solidAnnual report
「Against this economic backdrop, domestic freight movement in the logistics industry has remained solid. However, costs have risen because of intensifying competition and labor shortages, and difficult conditions have continued.」
The wording changed from signs of recovery to solid performance in domestic freight movement, while intensifying competition, higher costs attributable to labor shortages and difficult conditions have continued. - FY2018WorsenedAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, continued to increase year on year, and domestic freight movement showed signs of recovery. However, costs have risen because of intensifying competition and labor shortages, and difficult conditions have continued.」
While warehousing balances and domestic freight movement showed signs of recovery, higher costs attributable to labor shortages were explicitly added to the previously noted intensifying competition, adding to the difficult operating conditions. - FY2018-Q3RestatedAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, turned to year-on-year growth, indicating signs of recovery in domestic freight movement. However, competition has intensified, and difficult conditions have continued.」
Domestic freight movement showed signs of recovery, and warehousing balances, both in volume and value, increased year on year, while difficult conditions resulting from intensifying competition continued. - FY2018-Q1RestatedAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, turned to year-on-year growth, indicating signs of recovery in domestic freight movement. However, competition has intensified, and difficult conditions have continued.」
Domestic freight movement showed signs of recovery, and warehousing balances, both in volume and value, increased year on year, while difficult conditions resulting from intensifying competition continued. - FY2017-Q3Warehousing balances turn to year-on-year growthAnnual report
「Against this economic backdrop, warehousing balances, both in volume and value, turned to year-on-year growth, indicating signs of recovery in domestic freight movement. However, competition has intensified, and difficult conditions have continued.」
Domestic freight movement continued to show signs of recovery, and warehousing balances, both in volume and value, turned to year-on-year growth, while difficult conditions resulting from intensifying competition continued. - FY2017-Q2Domestic freight movement shows signs of recoveryAnnual report
「Against this economic backdrop, domestic freight movement in the logistics industry has shown signs of recovery, but warehousing balances have continued below the levels of the same months of the previous year. Competition has also intensified, and difficult conditions have continued.」
The wording changed from no improvement in domestic freight movement to signs of recovery, while the difficult conditions resulting from warehousing balances remaining below the levels of the same months of the previous year and intensifying competition have continued. - FY2017-Q1RestatedAnnual report
「Against this economic backdrop, no improvement has been seen in the movement of domestic freight in the logistics industry, and warehousing balances have continued to trend below the levels of the same months of the previous year. Competition has also intensified, and difficult conditions have continued.」
It restates the difficult conditions in the logistics industry resulting from domestic freight movement, warehousing balances and intensifying competition. - FY2016RestatedAnnual report
「In the logistics industry, no improvement has been seen in the movement of domestic freight, and warehousing balances have continued to trend below the levels of the same months of the previous year. Competition has also intensified, and difficult conditions have continued.」
It restates the difficult operating environment in the logistics business resulting from domestic freight movement, warehousing balances and intensifying competition. - FY2016-Q3RestatedAnnual report
「In the logistics industry, no improvement has been seen in the movement of domestic freight, and warehousing balances have continued to trend below the levels of the same months of the previous year. Competition has also intensified, and difficult conditions have continued.」
It restates the difficult business environment resulting from domestic freight movement, warehousing balances and intensifying competition. - FY2016-Q2First statedAnnual report
「In the logistics industry, no improvement has been seen in the movement of domestic freight, and warehousing balances have continued to trend below the levels of the same months of the previous year. Competition has also intensified, and difficult conditions have continued.」
It states that conditions remain difficult in terms of domestic freight movement, warehousing balances and the competitive environment.