Demand fluctuation risk stemming from customer companies’ management decisions, logistics rationalization and business restructuring
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2021.
2 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「We seek to diversify risk by handling cargo comprising various items for customer companies in a wide range of industries across a broad geographic area. We also seek to reduce risk by changing our cargo mix while addressing social issues such as environmental concerns.」
It specifies customer and item diversification and changes to the cargo mix as measures to reduce the risk of demand fluctuations resulting from customer companies' management decisions and contraction in the markets for principal types of cargo. - FY2020RestatedAnnual report
「Our Group's logistics business, centered on warehousing, is affected not only by domestic but also overseas economic trends, as well as by customer companies' management decisions, logistics rationalization and business restructuring. In addition, our Group's cargo handling volume is expected to decline as a result of contraction in the markets for its principal types of cargo and other factors.」
It reiterates the possibility of declining cargo handling volumes due to domestic and overseas economic trends, customer companies' management decisions and contraction in the markets for principal types of cargo. - FY2018RestatedAnnual report
「Our Group's logistics business, centered on warehousing, is affected not only by domestic but also overseas economic trends, as well as by customer companies' management decisions, logistics rationalization and business restructuring. These factors may affect our Group's operating results and financial condition.」
It reiterates the possibility that domestic and overseas economic trends and customer companies' management decisions may affect operating results and financial condition. - FY2017First statedAnnual report
「Our Group's logistics business, centered on warehousing, is affected not only by domestic but also overseas economic trends, as well as by customer companies' management decisions, logistics rationalization and business restructuring. These factors may affect our Group's operating results and financial condition.」
It explicitly identifies as a risk the possibility that domestic and overseas economic trends and customer companies' management decisions may affect operating results and financial condition.