Decline in handling of overseas-bound plant cargo
First written in FY2017-Q1. 14 of 33 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2023: 12 of 19 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「International transport revenue increased as a result of consolidating an overseas subsidiary during the consolidated fiscal year.」
Through the previous period, declines in power-plant transportation projects and other areas had been reported, but higher revenue in international transportation following the consolidation of an overseas subsidiary was reported, reducing concerns about a decline in international logistics cargo. - 2026-05-14MitigatedEarnings
「International transport revenue increased as a result of consolidating an overseas subsidiary during the consolidated fiscal year.」
The consolidation of an overseas subsidiary contributed to higher revenue in international transport, which had declined in the previous fiscal year. - FY2026-H1WorsenedAnnual report
「In international transportation, there were no projects during the current period to replace the spot cross-trade ocean-transport project cargo handled in the previous period, and volumes handled declined.」
There were no projects to replace the spot cross-trade ocean-transport projects that contributed to higher revenue in the previous period, and volumes handled in international transportation declined. - FY2025MitigatedAnnual report
「In international transportation, although power-plant transportation projects declined, increased volumes handled in cross-trade transportation contributed to higher revenue.」
Although the decline in power-plant transportation projects has continued, increased volumes handled in cross-trade transportation contributed to higher revenue, providing a recovery factor for international transportation overall. - FY2025-H1MitigatedAnnual report
「In international transportation, although power-plant transportation projects declined, increased volumes handled in cross-trade transportation contributed to higher revenue.」
The decline in power-plant transportation projects has continued, but increased volumes handled in cross-trade transportation contributed to higher revenue, resulting in higher revenue overall in international transportation. - FY2024WorsenedAnnual report
「In Port Transportation, fuel transportation for biomass power plants and imports of project cargo, including domestic power generation equipment, contributed to revenue, but this was not enough to offset the decline from the previous year's spot ocean transportation projects. International Transportation also reported lower revenue because of lower ocean freight rates and reduced exports of project cargo, including power generation equipment.」
For project cargo such as power-generation equipment, which had been described as showing signs of recovery in the previous period, export volumes handled continued to decline. The decline from the previous period in spot ocean-transport projects and falling ocean freight rates were also cited as factors behind the decrease in revenue. - FY2024-Q3RestatedAnnual report
「International Transportation also reported lower revenue because of lower ocean freight rates and reduced handling of project cargo, including power generation equipment.」
The decline in handling of project cargo, including power generation equipment, continued, while lower ocean freight rates continued to be cited as a factor behind lower revenue in International Transportation. - FY2024-Q2Lower ocean freight rates added as a factor behind lower revenue in International Transportation.Annual report
「In Port Transportation, fuel transportation for biomass power plants commenced full-scale operations and contributed to revenue, but this was not enough to offset the decline in spot ocean transportation projects in the previous fiscal year. International Transportation also reported lower revenue because of lower ocean freight rates and reduced handling of project cargo, including power generation equipment.」
In addition to the continued decline in spot ocean transportation projects and project cargo, including power generation equipment, from the previous quarter, lower ocean freight rates are identified as a specific factor behind lower revenue in International Transportation. - FY2024-Q1WorsenedAnnual report
「In Port Transportation, fuel transportation for biomass power plants commenced full-scale operations and contributed to revenue, but this was not enough to offset the decline in spot ocean transportation projects in the previous fiscal year. International Transportation also reported lower revenue because handling of project cargo, including power generation equipment, declined.」
Handling of project cargo, including power generation equipment, which had been described as showing a recovery trend in the previous fiscal year, declined, while the decline in spot ocean transportation projects was also described as a factor weighing on revenue. - FY2023-Q1RestatedAnnual report
「International transportation also saw increased handling of project cargo, including power generation equipment.」
Handling of project cargo, including power generation equipment, continues to increase, and the reduced risk of a decline in plant cargo for overseas markets remains in place. - FY2022MitigatedAnnual report
「International transportation also increased, as the handling of project cargo, including power generation equipment, continued to perform steadily.」
Steady and increased handling of overseas project cargo was confirmed for the full year, reducing the previous risk of a decline in plant cargo for overseas markets. - FY2022-Q3RestatedAnnual report
「International transportation also increased, as the handling of project cargo, including power generation equipment, continued to perform steadily.」
The Group continues to report increased handling of project cargo, including power generation equipment. - FY2022-Q2RestatedAnnual report
「International transportation also saw steady growth in handling of project cargo, including power generation equipment.」
The Group continued to report increased handling of project cargo, including power generation equipment, following the previous quarter, indicating that the recovery trend in overseas project cargo is continuing. - FY2022-Q1MitigatedAnnual report
「International transportation also saw increased handling of project cargo, including power generation equipment.」
For overseas project cargo, where declining volumes had previously been an issue, the increase in handling of power generation equipment and other cargo is described, reducing the concern. - FY2021MitigatedAnnual report
「In the International Logistics Business, operating revenue increased 1.7% year on year to ¥3,607.3 million despite lower handling of ocean transportation and other services due to the impact of the global spread of COVID-19, as handling of project transportation for power generation equipment increased. Segment profit increased 20.0% to ¥162.7 million.」
Although infection-related declines in ocean transportation and other services occurred, increased project transportation of power generation equipment resulted in higher full-year revenue and profit in the International Logistics Business. - FY2021-Q3The International Logistics Business reported lower revenue but higher segment profit.Annual report
「In the International Logistics Business, operating revenue in the International Logistics segment declined 3.8% year on year to ¥2,573.0 million due to the global spread of COVID-19, while segment profit increased 3.4% to ¥107.4 million.」
Although there is no specific mention of postponements of overseas project transportation, the global spread of COVID-19 resulted in lower revenue in the International Logistics Business. Meanwhile, segment profit turned to growth year on year. - FY2021-Q2WorsenedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment declined 11.2% year on year to ¥1,585.8 million, and segment profit declined 12.0% to ¥55.6 million, due to postponement of overseas project transportation and lower handling of export cargo resulting from the global spread of COVID-19.」
Postponement of overseas project transportation and lower handling of export cargo continued, resulting in lower revenue and profit in the International Logistics Business. The rate of profit decline widened from 9.2% in the first quarter to 12.0%. - FY2021-Q1MaterialisedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment declined 12.8% year on year to ¥775.2 million, and segment profit declined 9.2% to ¥26.6 million, due to lower handling of triangular trade cargo and postponement of overseas project transportation resulting from the global spread of COVID-19.」
For overseas project cargo transportation, which had been recovering, lower handling of triangular trade cargo and postponement of overseas project transportation emerged in the results as lower revenue and profit in the International Logistics Business. - FY2020MitigatedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 3.8% year on year to ¥3,548.5 million due to increased handling of plant cargo for overseas markets, including power generation equipment and bridges. Segment profit increased 10.4% to ¥135.6 million, reflecting the rebound from the previous year's decline.」
For plant cargo for overseas markets, where declining volumes had been an issue through the previous fiscal year, increased handling of power generation equipment and bridges resulted in higher full-year revenue and profit. - FY2020-Q3MitigatedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 3.4% year on year to ¥2,674.2 million, and segment profit increased 0.3% to ¥103.9 million, due to increased handling of plant cargo for overseas markets, including power generation equipment and bridges.」
For plant cargo for overseas markets, where declining volumes had been an issue through the previous fiscal year, increased handling of power generation equipment and bridges resulted in higher revenue and profit in the International Logistics Business. - FY2020-Q2RestatedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 6.5% year on year to ¥1,785.5 million due to increased handling of project cargo, but segment profit declined 6.5% to ¥63.2 million due mainly to higher ocean freight costs.」
Handling of project cargo continued to increase, and revenue in the International Logistics Business continued to rise, while higher ocean freight costs affected profit. - FY2020-Q1MitigatedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 8.8% year on year to ¥888.9 million due to increased handling of project cargo, but segment profit declined 12.7% to ¥29.2 million due mainly to higher costs resulting from competition for orders.」
Handling of project cargo, which had been declining, increased, resulting in higher revenue in the International Logistics Business. Meanwhile, higher costs caused by competition for orders emerged as a factor behind lower profit. - FY2019WorsenedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 6.4% year on year to ¥3,419.0 million, despite lower project transportation of plant cargo for overseas markets, due to the effect of an increase in overseas consolidated subsidiaries. Segment profit declined 17.8% to ¥122.9 million due mainly to higher transportation costs.」
The decline in project transportation of plant cargo for overseas markets continued, and segment profit in the International Logistics Business declined 17.8% year on year. The rate of profit decline also widened from 13.0% in the third quarter. - FY2019-Q3The decline in project transportation continued, while the rate of profit decline narrowed further.Annual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 7.2% year on year to ¥2,586.9 million due to an increase in consolidated subsidiaries, but segment profit declined 13.0% to ¥103.6 million due mainly to lower project transportation of plant cargo for overseas markets.」
The decline in project transportation of plant cargo for overseas markets continued, but the rate of decline in segment profit narrowed from 14.2% in the previous quarter to 13.0%, while the rate of revenue growth widened from 5.9% to 7.2%. - FY2019-Q2The decline in project cargo transportation continued, while the rate of profit decline narrowed.Annual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 5.9% year on year to ¥1,676.4 million due to an increase in consolidated subsidiaries, but segment profit declined 14.2% to ¥67.7 million due mainly to lower project transportation of plant cargo for overseas markets.」
The decline in project transportation of plant cargo for overseas markets continued to affect profit, but the rate of profit decline narrowed from 19.8% in the previous quarter to 14.2%. - FY2019-Q1MaterialisedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 1.8% year on year to ¥816.9 million due to an increase in consolidated subsidiaries, but segment profit declined 19.8% to ¥33.5 million because of lower handling of project cargo.」
Handling of project cargo, which had been recovering, declined again, resulting in a 19.8% year-on-year decline in segment profit in the International Logistics Business. - FY2018MitigatedAnnual report
「Operating revenue for the consolidated fiscal year increased 6.2% year on year to ¥26,142.0 million, due to increased handling of international project cargo in addition to containers and grain.」
For international plant and project cargo transportation, which had previously been declining, increased handling of international project cargo is described as a factor behind higher full-year revenue. - FY2018-Q3MitigatedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 17.3% year on year to ¥2,412.4 million due to increased handling of project cargo and air cargo, while segment profit increased 66.9% to ¥119.1 million.」
For plant and project cargo transportation for overseas markets, which had previously been declining, handling of project cargo and air cargo continued to increase, resulting in higher revenue and profit in the International Logistics Business. - FY2018-Q2MitigatedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 17.6% year on year to ¥1,582.4 million due mainly to increased handling of project cargo and air cargo, while segment profit increased 84.1% to ¥78.9 million.」
For plant and project cargo transportation for overseas markets, which had previously been declining, handling of project cargo continued to increase, resulting in higher revenue and profit in the International Logistics Business. - FY2018-Q1MitigatedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment increased 22.9% year on year to ¥802.2 million due to a recovery in orders for project cargo transportation, while segment profit increased 106.7% to ¥41.8 million.」
For plant and project cargo transportation for overseas markets, which had previously been declining, the Group describes a recovery in orders and higher revenue and profit in the International Logistics Business. - FY2017-Q3WorsenedAnnual report
「In the International Logistics Business, operating revenue declined 18.5% year on year to ¥2,056.2 million due mainly to lower handling of international plant cargo, while segment profit declined 26.6% to ¥71.3 million.」
The decline in handling of international plant cargo continued, with revenue down 18.5% and profit down 26.6%. - FY2017-Q2The decline in handling continued, with the revenue decline widening and the profit decline narrowing.Annual report
「In the International Logistics Business, operating revenue in the International Logistics segment declined 18.2% year on year to ¥1,345.9 million due mainly to lower handling of plant cargo for overseas markets, while segment profit declined 25.9% to ¥42.8 million.」
The decline in handling of plant cargo for overseas markets continued. The rate of decline in operating revenue widened from 17.3% in the first quarter to 18.2%, while the rate of decline in segment profit narrowed from 29.9% to 25.9%. - FY2017-Q1First statedAnnual report
「In the International Logistics Business, operating revenue in the International Logistics segment declined 17.3% year on year to ¥652.9 million due to lower handling of plant cargo for overseas markets, while segment profit declined 29.9% to ¥20.2 million.」
The decline in plant cargo for overseas markets is described as having translated into lower revenue and profit in the International Logistics Business.