Decline in cargo volumes and imported cargo
First written in FY2017-Q1. 12 of 33 entries say "Restated". Latest entry: 2026-11-12.
The whole theme swung hardest in 2023: 12 of 24 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2026Full-year confirmation of recovery in domestic logistics and decline in international shippingAnnual report
「In the domestic logistics business, cargo handled in port transportation operations, which had been weak in the previous fiscal year, recovered, while inbound cargo and storage volumes in warehousing operations remained firm. Transportation operations also remained firm, and a transportation company acquired through M&A contributed to results. In the international logistics business, the company's international transportation handling operations declined compared with the previous fiscal year, but the recovery in the performance of overseas subsidiaries, which had been weak in the previous fiscal year, and the contribution from a Vietnamese subsidiary acquired through M&A also supported results.」
In domestic logistics, port transportation, warehousing and transportation operations recovered or remained firm, while the company's international transportation handling operations declined. The recovery of overseas subsidiaries and the contribution from the Vietnamese subsidiary offset the decline. - 2026-05-15MitigatedEarnings presentation
「国内物流事業は、取扱高が増加し 、価格効果もプラスに寄与 。国際物流事業は、取扱高は増加するも 、価格効果の減少が上回る」
国内外とも取扱高の増加が記載され、従来の貨物取扱量減少の記載から、価格効果の差異が業績を左右する内容へ変化した。 - FY2026-H1Recovery in domestic cargo and ports alongside a decline in international transportationAnnual report
「During the interim consolidated accounting period under review, in the domestic logistics business, cargo handled in port transportation operations, which had been weak in the previous fiscal year, recovered. In warehousing operations, inbound cargo and storage balances increased, while transportation operations also remained firm. In the international logistics business, the company's international transportation handling operations declined compared with the previous fiscal year, although the performance of overseas subsidiaries, which had been weak in the previous fiscal year, recovered.」
In domestic logistics, port transportation operations and warehouse inbound cargo and storage balances recovered or increased, while the company's international transportation handling operations declined in international logistics. The recovery in the performance of overseas subsidiaries offset this decline, resulting in divergent trends across domestic and international operations. - FY2025Full-year confirmation of declines in domestic cargo and port handlingAnnual report
「Inbound cargo, outbound cargo and storage volumes fell below the previous fiscal year's levels, but the warehousing business as a whole exceeded the previous fiscal year's level due to higher storage unit prices and other factors. Port transportation operations fell below the previous fiscal year's level because the volume handled at the Port of Kobe declined, partly reflecting the strong performance in the previous fiscal year.」
For the full year, warehouse inbound cargo, outbound cargo and storage volumes, as well as the volume handled in port transportation operations at the Port of Kobe, were confirmed to be below the previous fiscal year's levels. - FY2025-H1Renewed decline in port handlingAnnual report
「In the domestic logistics business, inbound and outbound cargo volumes and storage volumes in warehousing operations declined compared with the same period of the previous year, but operating revenue for warehousing operations as a whole exceeded the previous year's level due to higher storage unit prices and other factors. Transportation operations also remained firm. However, port transportation operations saw a sharp decline in cargo handled, partly reflecting the strong performance in the previous year. Although operating revenue for the domestic logistics business as a whole increased, segment profit fell below the previous year's level due to the decline in port transportation operations and other factors.」
In addition to declines in warehouse inbound and outbound cargo volumes and storage volumes, cargo handled in port transportation operations, which had performed strongly in the previous year, declined sharply. Domestic logistics revenue increased due to higher storage unit prices and other factors, but segment profit declined. - FY2024-Q3RestatedAnnual report
「In the domestic logistics business, inbound and outbound cargo volumes in warehousing operations declined compared with the same period of the previous year, but storage volumes and storage balances exceeded the previous year's levels, and firm transportation operations lifted warehousing, transportation and related operations above the previous year's levels. In the international logistics business, ocean freight rates fell sharply compared with the same period of the previous year, while cargo handling also declined, and operating revenue fell below the previous year's level.」
In domestic logistics, inbound and outbound cargo volumes declined while storage volumes, storage balances and transportation operations remained firm. In international logistics, the decline in cargo handling was again identified as a factor weighing on revenue. - FY2024-Q1Renewed decline in international cargoAnnual report
「In the domestic logistics business, inbound cargo to warehouses declined compared with the same period of the previous year, but outbound cargo volumes and storage volumes exceeded the previous year's levels, and warehousing, transportation and related operations also exceeded the previous year's levels. In the international logistics business, ocean freight rates, which had remained strong through the previous fiscal year, fell sharply, while cargo handling also declined. Operating revenue, operating profit, ordinary profit and net income attributable to owners of the parent consequently fell below the levels of the same period of the previous year.」
In domestic logistics, inbound cargo volumes declined while outbound cargo volumes and storage volumes increased. In international logistics, the decline in cargo handling was again explicitly reported and, together with lower ocean freight rates, became a factor driving lower revenue and profit. - FY2023AdvancedAnnual report
「Inbound and outbound cargo volumes exceeded those of the previous fiscal year and remained strong. Storage volumes and storage balances had remained weak through the previous fiscal year, but increased inbound cargo volumes in the fiscal year under review lifted both storage revenue and cargo-handling revenue above the previous year's levels.」
Domestic logistics recovered for the full year in terms of cargo inbound to and outbound from warehouses and storage, including storage volumes and storage balances that had remained weak since the COVID-19 pandemic. Inbound cargo at ordinary warehouses was 110.5% of the previous year's level, and storage balances at the end of the fiscal year were 111.7%. - FY2023-Q3AdvancedAnnual report
「During the cumulative third quarter under review, cargo handling in the domestic logistics business remained firm. In warehousing operations, both inbound and outbound cargo volumes and storage volumes exceeded the levels of the same period of the previous year. Port transportation handling operations at the Port of Kobe also remained strong, continuing from the previous fiscal year, while cargo transportation handling operations and related activities remained firm.」
Cargo handling in domestic logistics remained firm, with warehouse inbound and outbound cargo volumes and storage volumes, port transportation at the Port of Kobe, and cargo transportation handling operations continuing above the levels of the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「In the domestic logistics business, cargo movements remained strong after recovering from the second half of the previous year, and each of the warehousing, port transportation and transportation businesses exceeded the level of the same period of the previous year. In the international logistics business, ocean freight rates remained high, while the impact of foreign exchange movements and cargo handling also remained favorable. As a result, operating revenue, operating profit, ordinary profit and net income attributable to owners of the parent exceeded the levels of the same period of the previous year.」
Domestic logistics performed well in terms of cargo movements, warehouse inbound and outbound cargo volumes and storage volumes, and port transportation and related operations, while cargo handling in international logistics also remained firm. The recovery and strong performance in cargo handling continued. - FY2023-Q1Cargo handling recovered and turned favorableAnnual report
「During the cumulative first quarter under review, in the domestic logistics business, cargo movements, which had been on a recovery trend since the second half of the previous fiscal year, remained strong. Inbound and outbound cargo to warehouses and storage volumes also exceeded the levels of the same period of the previous year. In the international logistics business, ocean freight rates remained high, while cargo handling also remained strong, and operating revenue consequently exceeded the previous year's level.」
The company states that domestic logistics shifted from the decline in cargo movements and inbound and outbound cargo volumes seen amid the spread of COVID-19 to a strong performance, with cargo movements, inbound and outbound cargo volumes, and storage volumes exceeding the levels of the same period of the previous year. Cargo handling in international logistics was also strong. - FY2022-Q3AdvancedAnnual report
「In the domestic logistics business, cargo storage volumes remained weak and the business was also affected by the sale of a subsidiary in the previous fiscal year. However, inbound and outbound cargo volumes were recovering, and port transportation operations at the Port of Kobe recovered to a level exceeding the amount handled two years earlier. As a result, operating revenue exceeded the previous year's level.」
Cargo storage volumes remained weak, but inbound and outbound cargo volumes recovered, and port transportation operations at the Port of Kobe recovered to a level exceeding that of two years earlier. - FY2022-Q2AdvancedAnnual report
「In the domestic logistics business, inbound and outbound cargo to warehouses declined compared with the same period of the previous year, storage balances also declined, and the business was affected by the sale of a subsidiary in the previous fiscal year. However, port transportation operations at the Port of Kobe recovered to approximately the level of cargo handled two years earlier, partly due to the recovery of overseas economies. In the international logistics business, cargo handled also remained firm, and operating revenue consequently exceeded the previous year's level.」
While inbound and outbound cargo to warehouses and storage balances declined, port transportation operations at the Port of Kobe recovered to the level seen two years earlier, and cargo handled in international logistics also remained firm. - FY2022-Q1Recovery in port operations and international cargoAnnual report
「Port transportation operations at the Port of Kobe recovered to approximately the level of cargo handled two years earlier, partly due to the recovery of overseas economies. In the international logistics business, cargo handled also remained firm, and operating revenue consequently exceeded the previous year's level.」
Although inbound cargo to warehouses and storage balances declined, port transportation operations at the Port of Kobe recovered to the level seen two years earlier, while cargo handled in international logistics also remained firm. - FY2021Decline continued for the full year, with signs of recovery in the second halfAnnual report
「During the fiscal year under review, cargo movements remained sluggish, partly due to the spread of COVID-19. Although signs of recovery emerged in the second half, the substantial decline in cargo movements since the beginning of the year had a significant impact. Warehouse operations, transportation operations and related activities, and port transportation operations at the Port of Kobe declined, while the sale of 1 consolidated subsidiary during the fiscal year also affected results, and operating revenue consequently fell below the previous year's level.」
Although signs of recovery in the second half were noted, cargo movements, warehouse and transportation operations, and Port of Kobe operations continued to decline for the full year, resulting in lower revenue. - FY2021-Q3Cargo declines continued despite signs of recoveryAnnual report
「During the cumulative third quarter under review, cargo movements remained sluggish, partly due to the spread of COVID-19. Although signs of a slight recovery emerged in the second half, the substantial decline in cargo movements since the beginning of the year had a significant impact. Transportation operations and related activities and port transportation handling operations at the Port of Kobe declined, while the sale of 1 consolidated subsidiary during the cumulative second quarter also affected results, and operating revenue consequently fell below the previous year's level.」
While signs of a slight recovery in the second half were noted, the decline in cargo movements since the beginning of the year continued, and revenue declined due to lower transportation operations and Port of Kobe operations, as well as the impact of the sale of a subsidiary. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, cargo movements remained sluggish, partly due to the spread of COVID-19. Although storage balances remained high, inbound and outbound cargo volumes declined sharply, leading to a decline in transportation operations and related activities. Port transportation handling operations at the Port of Kobe also remained sluggish, and operating revenue consequently fell below the previous year's level.」
The prolonged sluggishness in cargo movements and sharp decline in inbound and outbound cargo volumes became factors weighing on revenue through weaker transportation operations and port transportation handling operations at the Port of Kobe. - FY2021-Q1Sluggish cargo movements and a pronounced decline in outbound cargo volumesAnnual report
「During the cumulative first quarter under review, cargo movements remained sluggish, partly due to the spread of COVID-19. Although cargo storage balances remained high, outbound cargo volumes from warehouses declined sharply, resulting in weak transportation operations. Port transportation handling operations at the Port of Kobe also remained sluggish, and operating revenue consequently fell below the previous year's level.」
In addition to the previously reported decline in cargo handled, the company disclosed that cargo movements remained sluggish amid the spread of COVID-19, while outbound cargo volumes, transportation operations and Port of Kobe operations were weak. - FY2020-Q3RestatedAnnual report
「In the international logistics business, warehouse operations at overseas subsidiaries increased compared with the same period of the previous year, but operating revenue fell below the previous year's level because the volume of import cargo handled declined.」
While warehouse operations at overseas subsidiaries increased, the decline in import cargo handled in international logistics continues to be cited as a factor weighing on operating revenue. - FY2020-Q2RestatedAnnual report
「In the international logistics business, warehouse operations at overseas subsidiaries increased compared with the same period of the previous year, but operating revenue fell below the previous year's level because the volume of import cargo handled declined.」
While warehouse operations at overseas subsidiaries increased, the decline in import cargo handled in international logistics continues to be cited as a factor weighing on operating revenue. - FY2020-Q1RestatedAnnual report
「In the international logistics business, warehouse operations at overseas subsidiaries increased compared with the year-earlier period, but operating revenue fell below the year-earlier period due to lower cargo handling.」
While domestic logistics cargo volumes increased, the decline in cargo handled in international logistics continues to be cited as a factor weighing on operating revenue. - FY2019RestatedAnnual report
「In the international logistics business, there were also factors reducing revenue, including lower cargo handling,」
The decline in cargo handling in the international logistics business continued to be cited as a factor reducing revenue. - FY2019-Q3ReappearanceAnnual report
「In the international logistics business, operating revenue fell below the year-earlier period due to lower cargo handling and weak performance at overseas local subsidiaries,」
The first quarter cited increased handling of coffee beans, food products and other items, but the third quarter again cited lower cargo handling in international logistics as a factor reducing revenue. - FY2019-Q1DroppedAnnual report
「During the three months ended the first quarter of the current fiscal year, operating revenue exceeded the year-earlier period as handling of coffee beans and food products increased and port transportation handling operations at Kobe Port remained firm.」
Rather than the previously reported declines in imported cargo and the handling of food products, increased handling of coffee beans and food products and firm operations at Kobe Port were cited as factors supporting higher revenue. - FY2018-Q3RestatedAnnual report
「During the nine months ended the third quarter of the current fiscal year, there were factors supporting higher revenue, including increased port transportation handling operations at Kobe Port, a full-period contribution from trust properties acquired in the previous fiscal year and a full-period contribution from the transportation company made a consolidated subsidiary in the previous fiscal year. However, there were also factors reducing revenue, including lower cargo handling in the international logistics business and lower inventories of stored food products, resulting in operating revenue being only slightly higher than in the year-earlier period.」
Lower cargo handling in the international logistics business and lower inventories of stored food products continued to be cited as factors reducing operating revenue. - FY2018-Q2RestatedAnnual report
「During the six months ended the second quarter of the current fiscal year, there were factors supporting higher revenue, including increased port transportation handling operations at Kobe Port, higher rental income from trust properties acquired in the previous fiscal year and the contribution from the transportation company made a consolidated subsidiary in the previous fiscal year from the start of the period. However, due to factors reducing revenue, including lower inventories of stored coffee beans and food products and a decline in cargo handling in the international logistics business compared with the year-earlier period, operating revenue fell slightly below the year-earlier period.」
Lower inventories of stored coffee beans and food products and lower cargo handling in international logistics continued to be cited as factors reducing revenue. - FY2018-Q1RestatedAnnual report
「Operating revenue was only slightly higher than in the year-earlier period due to factors reducing revenue, including lower handling of coffee beans and food products and a decline in imported cargo in the international logistics business.」
The decline in handling of coffee beans, food products and imported cargo in international logistics continued to be cited as factors reducing revenue. - FY2017RestatedAnnual report
「Operating revenue was only slightly higher than in the previous fiscal year, despite factors reducing revenue, including declines in port transportation handling operations and customs-related services due to lower cargo volumes and the impact of sluggish shipping market conditions in the international logistics business.」
The decline in port transportation and customs-related services resulting from lower cargo volumes, along with sluggish shipping market conditions in international logistics, was again cited as a factor behind lower revenue. - FY2017-Q3RestatedAnnual report
「During the nine months ended the third quarter of the current fiscal year, there were factors supporting higher revenue, including the addition of consolidated subsidiaries, increased handling of certain cargo and higher electricity sales revenue from solar power generation. However, due to factors reducing revenue, including declines in port transportation handling operations and cargo transportation handling operations and the impact of sluggish shipping market conditions in the international logistics business, operating revenue remained at roughly the same level as the year-earlier period.」
The decline in port and cargo transportation handling operations was again cited as a factor behind lower revenue, while sluggish shipping market conditions continued to affect international logistics. - FY2017-Q2RestatedAnnual report
「Operating revenue remained at roughly the same level as the year-earlier period due to lower revenue resulting from declines in port transportation handling operations and cargo transportation handling operations, as well as the impact of sluggish shipping market conditions in the international logistics business.」
The decline in port and cargo transportation handling operations was again cited as a factor behind lower revenue, with sluggish shipping market conditions also identified as a factor in international logistics. - FY2017-Q1First statedAnnual report
「Operating revenue fell below the year-earlier period due to lower revenue from the decline in port transportation handling operations and cargo transportation handling operations resulting from lower cargo volumes, as well as the decline in imported cargo in the international logistics business.」
The company identified port and cargo transportation handling operations in domestic logistics and imported cargo handling in international logistics as factors contributing to lower revenue.