Container shortages and persistently high ocean freight rates
First written in FY2022-Q2. 6 of 11 entries say "Mitigated", first in FY2023-Q3. Latest entry: FY2024.
The whole theme swung hardest in 2025: 4 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「The movement of import cargo remained weak amid the effects of declining ocean freight rates and, under the impact of the weaker yen, inventory adjustments and the fading of COVID-19-related demand.」
Ocean freight rates have shifted from remaining elevated to declining, partially mitigating the risks associated with container shortages and persistently high ocean freight rates. Meanwhile, the decline in freight rates and sluggish movement of import cargo have contributed to lower operating revenue. - FY2024-Q3MitigatedAnnual report
「The company pursued sales activities aimed at acquiring new customers, deepening business with existing customers and securing additional orders for integrated international transportation. However, amid the effects of declining ocean freight rates and, under the impact of the weaker yen, inventory adjustments and the fading of COVID-19-related demand, the movement of import cargo remained weak, resulting in lower operating revenue and a decline in operating profit.」
Ocean freight rates have shifted from remaining elevated to declining, partially mitigating the risks associated with container shortages and persistently high ocean freight rates. Meanwhile, the decline in freight rates and sluggish movement of import cargo have contributed to lower operating revenue and operating profit. - FY2024-Q2MitigatedAnnual report
「The company pursued sales activities aimed at acquiring new customers, deepening business with existing customers and securing additional orders for integrated international transportation. However, amid the effects of declining ocean freight rates and, under the impact of the weaker yen, inventory adjustments and the fading of COVID-19-related demand, the movement of import cargo remained weak, resulting in lower operating revenue.」
Ocean freight rates are stated to have declined, partially mitigating the previous risk of persistently high ocean freight rates. Meanwhile, the decline in freight rates and sluggish movement of import cargo have contributed to lower operating revenue. - FY2024-Q1MitigatedAnnual 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.」
Ocean freight rates are stated to have declined, partially mitigating the risk of persistently high ocean freight rates. Meanwhile, the decline in freight rates and sluggish movement of import cargo have contributed to lower operating revenue; the disclosure does not state that the impact on the business has been resolved in one direction. - FY2023MitigatedAnnual report
「Shortages of ocean containers have eased to some extent, but fuel costs remain high. Although conditions differ by route, the decline in ocean freight rates has been limited.」
Ocean container shortages have eased to some extent and ocean freight rates have begun to decline, indicating that the risk has been partially mitigated. Meanwhile, fuel costs remain high, and the decline in freight rates has been limited. - FY2023-Q3MitigatedAnnual report
「Shortages of ocean containers have eased to some extent, but fuel costs remain high. Although conditions differ by route, the decline in ocean freight rates has been limited.」
It is stated that ocean container shortages have eased to some extent and that ocean freight rates have also declined, indicating that the risk has been partially mitigated. Meanwhile, fuel costs remain high, and the decline in freight rates has been limited. - FY2023-Q2RestatedAnnual report
「In addition to shortages of ocean containers, soaring fuel costs and labor shortages have contributed to disruption in shipping market conditions, and uncertainty continues.」
Disruption and uncertainty in shipping market conditions caused by ocean container shortages, soaring fuel costs and labor shortages continue to be cited. - FY2023-Q1WorsenedAnnual report
「In addition to shortages of ocean containers, soaring fuel costs and labor shortages have contributed to disruption in shipping market conditions, and uncertainty continues.」
In addition to container shortages and persistently high ocean freight rates, soaring fuel costs and labor shortages were newly cited, broadening the factors behind disruption in shipping market conditions and rising costs. Uncertain market conditions have in fact continued. - FY2022RestatedAnnual report
「Under these circumstances, our operating revenue increased as a result of higher ocean freight rates due to the global container shortage, as well as efforts to develop new customers and deepen relationships with existing customers.」
Global container shortages and rising ocean freight rates continue to be cited as part of the business environment. Meanwhile, operating revenue increased 17.3% from the previous fiscal year through efforts to acquire new customers and deepen relationships with existing customers. - FY2022-Q3RestatedAnnual report
「Under these circumstances, our operating revenue increased as a result of higher ocean freight rates due to the global container shortage, as well as efforts to develop new customers and deepen relationships with existing customers.」
Global container shortages and rising ocean freight rates continue to be cited as part of the business environment. As a result of efforts to acquire new customers and deepen relationships with existing customers, operating revenue increased 20.2% year on year. - FY2022-Q2First statedAnnual report
「Against this backdrop, the increase in international logistics cargo accompanying the recovery of the global economy has led to cargo accumulating at ports in various countries. Ocean freight rates have risen due to container shortages and have continued to remain elevated.」
Port congestion accompanying the increase in international logistics cargo and container shortages actually occurred, and rising and persistently high ocean freight rates were disclosed independently for the first time as risks arising from the external business environment.