Fluctuations in Fuel Prices and Electricity Rates
First written in FY2016. 12 of 20 entries say "Restated". Latest entry: FY2025.
K.R.S. moved to the "Worse" side of this theme in 2022.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「In the food logistics industry, although inbound demand continued to increase, the operating environment remained uncertain due to continued consumer frugality resulting from higher food prices, as well as labor shortages and rising costs.」
While the impact of higher costs, including fuel and electricity costs, continues, the Company continues to pursue cost reduction through operational efficiency improvements and passing costs on through pricing. - FY2024-Q2RestatedAnnual report
「In terms of earnings, despite higher transportation and warehousing costs, profits increased due to revenue growth, government measures to mitigate the impact of surging electricity charges in the first half of the previous fiscal year, and lower depreciation and amortization expenses following the impairment loss recognized in the previous fiscal year.」
While transportation and warehousing costs continue to rise, government measures to mitigate the impact of surging electricity charges in the first half of the previous fiscal year are cited as a factor behind higher earnings. - FY2023-Q3RestatedAnnual report
「The operating environment remained challenging, including increases in electricity charges and diesel prices.」
The challenging operating environment resulting from higher electricity charges and diesel prices continues. - FY2023-Q2WorsenedAnnual report
「The operating environment remained challenging, including higher electricity charges and persistently high diesel prices.」
In addition to higher electricity charges, persistently high diesel prices are explicitly cited, and the adverse impact of higher energy costs continues. - FY2023-Q1RestatedAnnual report
「The operating environment remained challenging, including increases in electricity charges.」
The Company states that a challenging operating environment, including higher electricity charges, continues. - FY2022-Q3WorsenedAnnual report
「The operating environment remained challenging, including increases in diesel prices and electricity charges.」
In addition to fuel prices, increases in electricity charges are explicitly cited, and the impact of higher energy costs continues. - FY2022-Q1WorsenedAnnual report
「The operating environment remained challenging, including higher fuel costs resulting from surging crude oil prices.」
The description has changed from low fuel prices through the previous quarter to higher fuel costs caused by surging crude oil prices as part of the actual operating environment, indicating a deterioration in the wording around fuel price risk. - FY2020-Q2MitigatedAnnual report
「In the food logistics industry, fuel procurement prices remained low, but」
The description has changed from increases and renewed increases in fuel procurement prices through the previous fiscal year to prices remaining low during the current quarter. - FY2019RestatedAnnual report
「In the food logistics industry, increases in fuel procurement prices and the growing labor shortage caused by a declining working-age population are expected to drive up logistics costs.」
The Company continues to identify higher fuel procurement prices as a factor driving up logistics costs. - FY2019-Q2RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging due to renewed increases in unit fuel procurement costs, labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
The Company continues to describe renewed increases in fuel procurement prices as part of the actual operating environment. - FY2019-Q1WorsenedAnnual report
「In the food logistics industry, operating conditions remained challenging due to renewed increases in unit fuel procurement costs, labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
Whereas fuel procurement prices had remained high in the previous fiscal year, the first quarter of the current fiscal year describes them as having "risen again," indicating stronger wording around fuel price risk. - FY2018RestatedAnnual report
「Amid persistently high fuel procurement prices, the operating environment remained challenging due to labor and vehicle shortages, the need to respond to legislative changes, investment to improve logistics quality in order to meet food safety and security requirements, and the impact of a succession of natural disasters.」
While fuel procurement prices remain high, the policy of addressing this through crude oil swaps and other measures also continues. - FY2018-Q3RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging as unit fuel procurement prices remained high, alongside labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
Persistently high fuel procurement prices continue to be described as part of the actual operating environment, while higher transportation and fuel procurement costs are factors behind lower earnings. - FY2018-Q2RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging as unit fuel procurement prices remained high, alongside labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
Persistently high fuel procurement prices continue to be described as part of the actual operating environment, while higher transportation and fuel procurement costs are factors behind lower earnings. - FY2018-Q1RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging as unit fuel procurement prices remained high, alongside labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
Whereas fuel procurement prices had "begun rising again" at the end of the previous fiscal year, the first quarter of the current fiscal year describes them as "remaining high." Fuel costs continue to weigh on earnings. - FY2017WorsenedAnnual report
「In the food logistics industry, operating conditions remained challenging as unit fuel procurement prices turned upward again, alongside labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
While fuel procurement prices had remained high through the previous quarter, the full-year outlook states that they will "begin rising again," and higher fuel costs became an actual factor weighing on earnings. - FY2017-Q3RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging due to persistently high unit fuel procurement costs, labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
The Company continues to describe persistently high fuel procurement prices as part of its actual operating environment. - FY2017-Q2RestatedAnnual report
「In the food logistics industry, operating conditions remained challenging due to persistently high unit fuel procurement costs, labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
The Company continues to describe persistently high fuel procurement prices as part of its actual operating environment. - FY2017-Q1MaterialisedAnnual report
「In the food logistics industry, operating conditions remained challenging due to renewed increases in unit fuel procurement costs, labor and vehicle shortages, responses to legal revisions, and investment to improve logistics quality in line with food safety and security requirements.」
Previously, the Company identified future increases in fuel prices driven by crude oil prices as a risk. In the first quarter of the current fiscal year, it disclosed that fuel procurement prices had risen again, with higher transportation costs also becoming a factor behind lower earnings. - FY2016First statedAnnual report
「If crude oil prices cause fuel prices to remain high, this may increase costs going forward.」
The Company identifies increases in fuel prices driven by crude oil prices and increases in electricity charges for refrigerated and frozen warehouses and logistics facilities as risks to its results.