Decline in the volume handled due to lower coal demand and a shift in energy policy
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「In anticipation of a decline in coal demand, the Company is currently considering installing several new stainless-steel tanks at its open storage site to handle petrochemical products, for which long-term demand is expected.」
Regarding coal demand, the disclosure has become more specific, moving from the previous possibility of a decline due to changes in policy and business partners' policies to recognition that demand is expected to contract. At the same time, it identifies consideration of new stainless-steel tanks for petrochemical products as a response measure. - 2026-05-14RestatedFinancial results
「With a view to the future contraction in demand for fuel-related bulk cargo and while recognizing the effective use of open storage space as an issue, the bulk cargo segment is proceeding with construction of a new, highly versatile bulk cargo warehouse.」
The company reaffirmed its recognition of the risk of future contraction in demand for fuel-related bulk cargo and is responding by constructing a new warehouse. - FY2021RestatedAnnual report
「Coal, the principal cargo handled in the bulk cargo segment, is used mainly as fuel for thermal power plants. As part of efforts to address global warming, cargo volumes handled may decline owing to changes in the energy policies of the government and local authorities, shifts in the policies of business partners, and other factors.」
The risk of declining cargo volumes handled due to measures to address global warming, the energy policies of the government and local authorities, and changes in business partners' policies continues to be identified in relation to coal demand. - FY2020First statedAnnual report
「As part of efforts to address global warming, cargo volumes handled may decline owing to changes in energy policy and shifts in the policies of business partners, among other factors.」
For bulk cargo, for which coal is the principal cargo, the disclosure newly identifies the risk of declining demand resulting from measures to address global warming, energy policy and changes in business partners' policies.