Cost Increases Driven by Soaring Resource and Fuel Prices
First written in FY2022. 6 of 10 entries say "Restated". Latest entry: FY2026.
Kamigumi moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 8 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026Described higher costs due to surging resource prices as a structural conditionAnnual report
「The environment surrounding the Group continues to present many challenges, including persistently higher costs due to surging resource prices, particularly crude oil, and preparations for business activities in anticipation of a declining-population society. Management strategies that anticipate long-term change are therefore required.」
The Company describes higher costs due to surging resource prices and fuel costs as a structural business-environment challenge rather than a one-off surge. - FY2025RestatedAnnual 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 logistics industry continues to face a challenging business environment due to labour shortages and surging fuel costs. - FY2025-H1RestatedAnnual 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 Company states that the logistics industry continues to face a challenging business environment due to persistently high fuel prices. - FY2024Refined the focus from surging resource and fuel prices to higher costs for corporate activities due to the historically weak yen and other factorsAnnual 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.」
In addition to the previously described surging resource prices and fuel costs, the Company describes higher costs due to the historically weak yen and other factors as a burden on corporate activities. - FY2024-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, the Japanese economy was recovering moderately, but the outlook remained uncertain due to concerns about the future of the Chinese economy and global monetary tightening. In the logistics industry, the recent recovery in handling of export cargo had stalled, while import cargo was flat, and the business environment remained challenging due to labour shortages and surging fuel costs.」
The logistics industry’s challenging business environment due to surging fuel costs and economic uncertainty caused by global monetary tightening and other factors have continued. - FY2024-Q2RestatedAnnual report
「During the second quarter of the current consolidated fiscal year, the Japanese economy was recovering moderately, but the outlook remained uncertain due to rising prices and global monetary tightening. In the logistics industry, handling of export cargo had recently shown signs of recovery and import cargo was flat, but the business environment remained challenging due to labour shortages and surging fuel costs.」
The Company states that, in addition to rising prices and monetary tightening, the logistics industry continues to face a challenging business environment due to surging fuel costs. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy was recovering moderately, but the outlook remained uncertain due to rising prices and global monetary tightening. In the logistics industry, handling of export cargo remained firm and import cargo was flat, but the business environment remained challenging due to labour shortages and surging fuel costs.」
The logistics industry’s challenging business environment due to surging fuel costs has continued. Concerns about rising resource and energy prices are also described alongside rising prices and monetary tightening. - FY2023-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, Japan's economy showed signs of recovery as economic activity normalized. However, the outlook remained uncertain due to higher consumer prices resulting from soaring energy and raw material prices caused by the situation in Ukraine and other factors, as well as sharp exchange-rate fluctuations. The logistics industry also continued to face severe operating conditions, with the handling of import and export cargo weakening recently and fuel costs soaring.」
The Company continues to describe the risk of higher costs due to resource prices and fuel costs, as energy and raw material prices and fuel costs remain elevated. - FY2023-Q1WorsenedAnnual report
「During the first three months of the current fiscal year, Japan's economy showed signs of recovery as economic activity moved toward normalization. However, the outlook remained uncertain due to factors including higher resource prices resulting from the prolonged situation in Ukraine and the impact of the sharp depreciation of the yen. The logistics industry also continued to face severe operating conditions, including declines in the handling of import and export cargo and domestic cargo and soaring fuel costs.」
The cost increases due to surging resource prices described in FY2022 have continued, and during the quarter they have materialised in the logistics industry’s business environment as higher fuel costs. - FY2022First statedAnnual report
「The business environment surrounding the Group continues to present many challenges, including the need to remain vigilant about the contraction in domestic and overseas consumption caused by COVID-19, rising costs due to higher resource prices, particularly crude oil, and the pursuit of corporate activities capable of responding to a decarbonised society. Management strategies that anticipate long-term change are therefore required.」
The Company explicitly identifies the fact that surging resource prices, particularly crude oil, are translating into higher costs as a new business-environment risk.