Declining competitiveness due to difficulties securing labor and rising labor costs
First written in FY2018. 11 of 19 entries say "Restated". Latest entry: 2026-08-13.
Kamigumi moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 29 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2026-H1WorsenedAnnual report
「In the logistics industry, although signs of recovery were seen in import cargo handling volumes, the operating environment remained challenging as persistently high fuel prices and rising labor costs put pressure on earnings.」
The impact on profit is explicitly stated for the previously identified issue of labor shortages and rising labor costs: rising labor costs are putting pressure on earnings. - FY2025MaterialisedAnnual report
「In the logistics industry, import freight was generally flat while export freight showed signs of recovery, but the operating environment remained challenging due to labor shortages, soaring fuel costs and other factors.」
The labor shortage continues to be described as an operating-environment issue, and in other disclosures has also appeared in actual results as higher labor costs and increases in selling expenses and cost of sales. - FY2025-H1MaterialisedAnnual report
「In the logistics industry, the handling of import and export cargo has remained flat, while operating conditions continue to be challenging due to higher labor costs caused by labor shortages and persistently high fuel prices.」
The previously stated issue of labor shortages and securing labor is described as having emerged in the actual operating environment during the current interim period in the form of higher labor costs resulting from the labor shortage. - FY2024Reframed the labor shortage as a need to prepare for business operations in a declining-population society.Annual report
「The Group continues to face many challenges in its operating environment, including rising costs caused by the historically weak yen and other factors, which are placing a burden on corporate activities, as well as the need to prepare for business operations in a declining-population society. Management strategies that anticipate long-term change are therefore required.」
The previously stated issue of labor shortages and securing labor is described as a long-term challenge: preparing for business operations in a society with a declining population. - FY2024-Q3RestatedAnnual report
「In the logistics industry, the recent recovery in export cargo has stalled and import cargo has remained flat, while operating conditions continue to be challenging due to labor shortages and soaring fuel costs.」
The company continues to describe the labor shortage, alongside higher fuel costs and weak cargo handling, as a factor in the challenging operating environment of the logistics industry. - FY2024-Q2RestatedAnnual report
「In the logistics industry, the handling of export cargo has recently shown signs of recovery and import cargo has been flat, but operating conditions remain challenging due to labor shortages and soaring fuel costs.」
While indicating a recovery in export cargo and flat import cargo volumes, the company continues to describe the labor shortage as a factor in the challenging operating environment of the logistics industry. - FY2024-Q1RestatedAnnual report
「In the logistics industry, the handling of export cargo has remained firm recently and import cargo has been broadly flat, but operating conditions remain challenging due to labor shortages and soaring fuel costs.」
The company continues to describe the labor shortage as a factor in the challenging operating environment of the logistics industry. - FY2021RestatedAnnual report
「The worsening labor shortage in the logistics industry in recent years is a major risk factor for shippers seeking to secure a stable supply chain, as it could result in lost opportunities and excess inventories.」
The company continues to describe the worsening labor shortage as a major risk factor that can lead to lost opportunities and excess inventories for shippers, rather than merely as a problem in the logistics industry's operating environment. - FY2020WorsenedAnnual report
「The worsening labor shortage in the logistics industry in recent years is a major risk factor for shippers seeking to secure a stable supply chain, as it could result in lost opportunities and excess inventories.」
The worsening labor shortage is explicitly described as a major supply-chain risk factor, rather than only as the previously stated issue of securing labor and the worsening labor shortage. - FY2020-Q3RestatedAnnual report
「In the logistics industry, the operating environment remained challenging due to declining exports, intensified competition for orders, diversified customer needs, and issues securing labor.」
The company continues to describe the issue of securing labor, together with declining export cargo volumes, competition for orders and diversifying customer needs, as a factor in the challenging operating environment of the logistics industry. - FY2020-Q2RestatedAnnual report
「In the logistics industry, the operating environment remained challenging due to sluggish exports, intensified competition for orders, diversified customer needs, and issues securing labor.」
The company continues to describe the issue of securing labor, together with competition for orders and diversifying customer needs, as a factor in the challenging operating environment of the logistics industry. - FY2020-Q1RestatedAnnual report
「In the logistics industry, the operating environment remained challenging due to sluggish growth in exports to Asia, intensified competition for orders, diversified customer needs, and issues securing labor.」
The issue of securing labor continues to be described, together with competition for orders and diversifying customer needs, as a factor in the challenging operating environment of the logistics industry. - FY2019WorsenedAnnual report
「The environment surrounding the Group continues to present many challenges, including fluctuations in global economic conditions, declining domestic consumption due to the declining birthrate and an aging population, and increasingly severe labor shortages, requiring management strategies that anticipate long-term changes.」
The labor shortage is now described as a "worsening labor shortage," rather than simply an issue of securing labor, while in the domestic logistics business, increases in labor and outsourcing costs have emerged as factors behind lower profit. - FY2019-Q3RestatedAnnual report
「In the logistics industry, import and export freight movement was firm, but the operating environment remained challenging due to intensified competition for orders, diversification of logistics formats, and issues securing labor.」
The issue of securing labor continues to be described as part of the challenging operating environment, while in the domestic logistics business, increases in labor and outsourcing costs have become factors behind lower profit. - FY2019-Q2RestatedAnnual report
「In the logistics industry, import and export cargo movements were firm, but the difficult operating environment continued due to intensifying competition for orders, increasingly diverse customer needs and issues including securing labor.」
The issue of securing labor continues to be described as part of the challenging operating environment, while in the domestic logistics business, increases in labor and outsourcing costs have become factors behind lower segment profit. - FY2019-Q1MaterialisedAnnual report
「In the logistics industry, cargo movements for both imports and exports were firm, but the operating environment remained difficult due to intensifying competition for orders, increasingly diverse customer needs and issues including securing labor.」
The issue of securing labor continues to be described as part of the challenging operating environment, while in the domestic logistics business, increases in labor and outsourcing costs have appeared as a decline in profit. - FY2018First statedAnnual report
「Even in Japan, challenges such as declining consumption due to the declining birthrate and an aging population and declining competitiveness due to rising labor costs are expected, increasing uncertainty about the outlook.」
Describes rising labor costs and declining competitiveness resulting from the declining birthrate and an aging population as new challenges in the domestic operating environment.