Impact of slower cargo volumes on logistics demand and operating revenue
First written in FY2017-Q2. 21 of 37 entries say "Mitigated", first in FY2017. Latest entry: 2026-11-12.
Daiun moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2023: 12 of 24 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In this segment, which is one of the Company's core segments, revenue and profit increased because orders from the Company's major customers remained solid.」
Orders from major customers remained solid, and the port transportation business recorded higher revenue and profit. The downward pressure on operating revenue from sluggish cargo movements eased during the current period. - 2026-05-14MitigatedResults
「Orders from the Company's major customers remained steady, resulting in increases in both revenue and profit.」
Steady orders from major customers led to higher revenue and profit in the port transportation business, indicating that the downward pressure from sluggish cargo movement was easing. - FY2026-H1MitigatedAnnual report
「In this segment, which is one of the Company's core segments, revenue and profit increased year on year because orders from the Company's major customers remained solid. As a result, operating revenue, excluding intersegment internal sales or transfers, was ¥4,382,023 thousand, an increase of ¥166,119 thousand, or 3.9%, from the same interim period of the previous year, accounting for 97.9% of total segment revenue. Segment profit, or operating profit, was ¥361,064 thousand, an increase of ¥43,835 thousand, or 13.8%, from the same interim period of the previous year.」
Orders from major customers remained solid, and the port transportation business recorded a 3.9% increase in revenue and a 13.8% increase in profit. The downward pressure on operating revenue from sluggish cargo movements eased during the interim accounting period. - FY2025MitigatedAnnual report
「In this segment, which is one of the Company's core segments, revenue and profit increased because orders from the Company's major customers remained solid.」
Orders from major customers remained solid, and the port transportation business recorded higher revenue and profit. The downward pressure from sluggish imported cargo and logistics demand through the previous period eased partially during the current period. - FY2025-H1MitigatedAnnual report
「In this segment, which is one of the Company's core segments, revenue and profit increased year on year because orders from the Company's major customers remained solid.」
Orders from major customers remained solid, and the port transportation business recorded higher revenue and profit year on year. The downward pressure from sluggish imported cargo and logistics demand through the previous period eased partially during the interim accounting period. - FY2024MaterialisedAnnual report
「In this segment, which is one of the Company's core segments, revenue and profit declined due to lower ocean freight rates and sluggish cargo movements of imported goods. As a result, operating revenue was ¥7,885,759 thousand, down ¥783,888 thousand, or 9.0%, from the previous fiscal year, while segment profit, or operating profit, was ¥532,492 thousand, down ¥22,230 thousand, or 4.0%.」
Lower ocean freight rates and sluggish cargo movements of imported goods were reflected in full-year performance for the core segment, with operating revenue down 9.0% and segment profit down 4.0%. - FY2024-Q3MaterialisedAnnual report
「In this segment, which is one of the Company's core segments, revenue and profit declined year on year due to lower ocean freight rates and sluggish cargo movements of imported goods. As a result, operating revenue, excluding intersegment internal sales or transfers, was ¥5,963,034 thousand, a decrease of ¥853,945 thousand, or 12.5%, from the cumulative period of the same quarter of the previous year, accounting for 97.4% of total segment revenue. Segment profit, or operating profit, was ¥396,682 thousand, a decrease of ¥80,842 thousand, or 16.9%, from the cumulative period of the same quarter of the previous year.」
Lower ocean freight rates and sluggish cargo movements of imported goods were reflected in the core segment's lower revenue and profit, with operating revenue down 12.5% and segment profit down 16.9%. - FY2024-Q2MaterialisedAnnual report
「In this segment, which is one of the Company's core segments, revenue and profit declined year on year due to lower ocean freight rates and sluggish cargo movements of imported goods. As a result, operating revenue, excluding intersegment internal sales or transfers, was ¥3,921,962 thousand, a decrease of ¥638,842 thousand, or 14.0%, from the cumulative period of the same quarter of the previous year, accounting for 97.3% of total segment revenue. Segment profit, or operating profit, was ¥259,723 thousand, a decrease of ¥48,062 thousand, or 15.6%, from the cumulative period of the same quarter of the previous year.」
Lower ocean freight rates and sluggish cargo movements of imported goods were reflected in the core segment's lower revenue and profit, with operating revenue down 14.0% and segment profit down 15.6%. - FY2024-Q1MaterialisedAnnual report
「Operating revenue declined as cargo movements of imports remained weak, reflecting the impact of lower ocean freight rates, inventory adjustments and the end of COVID-19-related demand amid a weaker yen.」
Weak cargo movements of imported goods led to an actual decline in operating revenue, bringing the downside risk to logistics demand to the surface during the quarter. Operating revenue from the port transportation business also declined 12.8% year on year. - FY2023MaterialisedAnnual report
「Our core East Asian business, particularly China, was significantly affected by the decline in imported cargo resulting from China's COVID-19 measures.」
The decline in imported cargo associated with China's COVID-19 measures was stated to have actually affected operating activities, bringing the downside risk to logistics demand to the surface. - FY2023-Q3MitigatedAnnual report
「In this, the Company's core segment, operating revenue was also affected by concerns over weak transportation demand resulting from the impact of the novel coronavirus and other factors, but increased from the same quarter a year earlier.」
Although concerns over sluggish transport demand remain, revenue from the core port transportation business increased 4.8% year on year. The downward pressure on operating revenue from weak logistics demand eased during the quarter. - FY2023-Q2MitigatedAnnual report
「The commencement of handling a new shipping route increased both existing and new business, resulting in higher operating revenue year on year.」
The commencement of handling a new shipping route increased existing and new business, and operating revenue from the port transportation business increased 10.1% year on year. The downward pressure from logistics demand and operating revenue eased during the quarter. - FY2023-Q1MitigatedAnnual report
「In this segment, which is one of the Company's core segments, operating revenue increased year on year, as the commencement of handling a new shipping route is expected to increase both existing and new business.」
The commencement of handling a new shipping route is expected to increase existing and new business, and the port transportation business recorded higher revenue. The downward pressure from logistics demand and operating revenue eased during the quarter. - FY2022WorsenedAnnual report
「However, countries around the world that had continued monetary easing as a COVID-19 countermeasure, led by the United States, have begun shifting from zero interest rates toward monetary tightening and higher interest rates. In addition, Russia's invasion of Ukraine is expected to severely disrupt the economy and the flow of goods. As a result, the economy is expected to weaken further in the next period, and cargo movements are expected to enter a difficult phase.」
Although operating revenue increased in the current period, the outlook indicated that the economy and the flow of goods would deteriorate in the next period due to monetary tightening, higher interest rates and the invasion of Ukraine, making cargo movements more difficult. - FY2022-Q3MitigatedAnnual report
「In this segment, which is one of the Company's core segments, operating revenue increased year on year, despite concerns over sluggish transport demand due to the impact of COVID-19 and other factors. As a result, operating revenue, excluding intersegment internal sales or transfers, was ¥6,505,301 thousand, an increase of ¥1,112,488 thousand, or 20.6%, from the cumulative period of the same quarter of the previous year, accounting for 97.1% of total segment revenue.」
Although concerns over sluggish transport demand remain, operating revenue from the core port transportation business increased 20.6% year on year, and the adverse impact of weak demand on operating revenue eased during the quarter. - FY2022-Q2MitigatedAnnual report
「In this, the Company's core segment, operating revenue was also affected by concerns over weak transportation demand resulting from the impact of the novel coronavirus and other factors, but increased from the same quarter a year earlier. As a result, operating revenue (excluding intersegment internal sales or transfers) was ¥4,144.206 million, an increase of ¥669.335 million, or 19.3%, from the same cumulative period a year earlier, accounting for 97.1% of revenue across all segments.」
Although concerns over sluggish transport demand remain, operating revenue from the core port transportation business increased 19.3% year on year. The adverse impact of weak logistics demand on operating revenue eased during the quarter. - FY2022-Q1MitigatedAnnual report
「In this, the Company's core segment, operating revenue was also affected by concerns over weak transportation demand resulting from the impact of the novel coronavirus and other factors, but increased from the same quarter a year earlier.」
Although concerns about weak transportation demand remained, operating revenue in the port transportation business increased 16.1% year on year and segment profit increased 100.1%. The impact of weak demand on operating revenue eased during the quarter. - FY2021MitigatedAnnual report
「Transportation demand is also showing signs of recovery as vaccinations have progressed in some countries, and although cargo volumes are expected to increase in the next period, difficult conditions are expected to continue.」
The disclosure stated that transportation demand was showing signs of recovery and that cargo volumes were expected to increase in the next period. Although the risk of weak demand has eased somewhat, it also indicated that difficult conditions are expected to continue. - FY2021-Q3RestatedAnnual report
「In this, the Company's core segment, operating revenue also declined from the same quarter a year earlier due to weak transportation demand resulting from the impact of the novel coronavirus and other factors.」
Weak transportation demand resulting from the impact of the novel coronavirus and other factors continued, and operating revenue in the core port transportation business declined 2.8% year on year. The impact of weak logistics demand on operating revenue continues. - FY2021-Q2RestatedAnnual report
「In this, the Company's core segment, operating revenue also declined from the same quarter a year earlier due to weak transportation demand resulting from the impact of the novel coronavirus and other factors.」
Weak transportation demand resulting from the impact of the novel coronavirus and other factors continued, and operating revenue in the core port transportation business declined 4.7% year on year. The impact of weak logistics demand on operating revenue continues. - FY2021-Q1RestatedAnnual report
「In this, the Company's core segment, operating revenue also declined from the same quarter a year earlier due to weak transportation demand resulting from the impact of the novel coronavirus and other factors. As a result, operating revenue (excluding intersegment internal sales or transfers) was ¥1,715.818 million, a decrease of ¥37.990 million, or 2.2%, from the same cumulative period a year earlier, accounting for 96.6% of revenue across all segments.」
Weak transportation demand resulting from the impact of the novel coronavirus and other factors continued, and operating revenue in the core port transportation business declined 2.2% year on year. The impact of weak logistics demand on operating revenue was also evident during the quarter. - FY2020MaterialisedAnnual report
「Under these circumstances, operating revenue remained firm as the Company pursued aggressive sales activities and appropriate pricing, but operating profit declined substantially year on year due to higher costs, including increased outsourcing expenses, and sluggish transportation demand from February onward following the COVID-19 shock.」
The slowdown in transportation demand amid the coronavirus shock from February onward was identified as an actual factor behind the decline in operating profit, making downside risks to cargo volumes and logistics demand apparent. - FY2020-Q3RestatedAnnual report
「In this, the Company's core segment, business remained firm on the back of strong orders, but segment profit (operating profit) declined due to higher various costs.」
The port transportation business was supported by strong orders, and operating revenue increased 2.1% year on year. Although the adverse impact of logistics demand on operating revenue remained contained, segment profit declined due to higher various costs. - FY2020-Q2RestatedAnnual report
「In this, the Company's core segment, operating revenue increased from the same quarter a year earlier as orders remained firm.」
In the port transportation business, orders remained firm and operating revenue increased 4.3% year on year. Although the adverse impact of logistics demand on operating revenue remained contained, segment profit declined 13.1%. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current fiscal year (1 April 2019 to 30 June 2019), the Company's operating revenue remained firm as a result of an active sales strategy, but operating profit declined substantially from the previous year.」
Operating revenue continued to perform steadily through an active sales strategy, and the adverse impact of logistics demand on operating revenue remained contained. Profitability, however, deteriorated due to higher costs. - FY2019MitigatedAnnual report
「Against this backdrop, the Company pursued an active sales strategy and deeper customer relationships, and operating revenue remained firm during the period.」
Operating revenue increased 7.3% from the previous fiscal year through an active sales strategy and deeper customer relationships, and the impact of weak logistics demand on operating revenue eased during the period. - FY2019-Q3MitigatedAnnual report
「In this, the Company's core segment, business remained firm on the back of strong orders, and segment profit (operating profit) was on a recovery trend. As a result, operating revenue was ¥5,431.617 million, an increase of ¥494.477 million, or 10.0%, from the same cumulative period a year earlier, accounting for 96.6% of revenue across all segments.」
The disclosure stated that operating revenue in the core port transportation business increased 10.0% year on year against a backdrop of strong orders, and that segment profit was on a recovery trend. The impact of weak logistics demand on operating revenue also eased during the quarter. - FY2019-Q2MitigatedAnnual report
「In this, the Company's core segment, operating revenue increased from the same quarter a year earlier as orders remained firm.」
In the core port transportation business, orders remained firm, with operating revenue increasing 8.8% year on year and segment profit increasing 5.4%. The impact of weak logistics demand on operating revenue eased during the quarter. - FY2019-Q1MitigatedAnnual report
「During the first quarter of the current fiscal year, the Company's operating revenue remained firm amid active cargo volumes.」
Against a backdrop of active cargo volumes, total Company operating revenue increased 7.5% year on year, and the impact of weak logistics demand on operating revenue eased from the previous fiscal year. - FY2018MitigatedAnnual report
「Against this backdrop, the Company also pursued an active sales strategy and deeper customer relationships, and operating revenue remained firm.」
Although no recovery in overall industry demand was explicitly stated, operating revenue remained firm as a result of an active sales strategy and deeper customer relationships, partly mitigating the impact of weak demand on revenue. - FY2018-Q3RestatedAnnual report
「Although orders from the Company's major customers remained firm, there was no notable recovery overall.」
While orders from major customers remained firm, cargo volumes overall had not achieved a notable recovery, and limited recovery in logistics demand continued. - FY2018-Q1MitigatedAnnual report
「Against this backdrop, the Company's operating revenue also remained firm.」
Although there was no mention of slower cargo volumes, operating revenue remained firm and total Company operating revenue increased 5.0% year on year. The impact on logistics demand and operating revenue continued to be shown as having eased. - FY2017MitigatedAnnual report
「Operating revenue recovered from the third quarter onward, and orders from companies with relatively favorable transaction profitability remained firm, resulting in higher revenue and profit for the period.」
In contrast to the weak cargo volumes reported through the previous quarter, operating revenue recovered from the third quarter onward and orders remained firm. Full-year operating revenue also increased 3.5% from the previous fiscal year, indicating that the impact on demand and revenue had eased somewhat. - FY2017-Q3WorsenedAnnual report
「The industry is also facing a situation that cannot be viewed optimistically, as there has been no notable recovery in cargo volumes.」
Following the slowdown in cargo volumes in the previous quarter, this period's disclosure stated that no notable recovery trend had emerged, indicating that weak logistics demand is continuing. Operating revenue from the port transportation business increased only 0.9% year on year, while segment profit declined 2.1%. - FY2017-Q2First statedAnnual report
「The industry is also facing a situation that cannot be viewed optimistically, with signs of a slowdown in cargo volumes. In this environment, the Company worked to secure transaction profitability and reduce expenses. During the first six months of the current fiscal year (1 April 2016 to 30 September 2016), the Company's operating revenue struggled to grow due to the impact of slower cargo volumes.」
Slower cargo volumes were identified for the first time as a clear industry risk, and their impact on results was also shown in the 0.6% year-on-year decline in operating revenue and the 0.7% decline in revenue from the port transportation business.