Temporary Decline in Cargo Handling Due to a Shift in the Timing of the Chinese New Year
First written in FY2019-Q1. 2 of 7 entries say "Materialised", first in 2026-07-15. Latest entry: FY2027-H1.
Ait moved to the "Worse" side of this theme in 2026.
2 other companies' latest entry also says "Other".
- FY2027-H1The impact of the shift in the Lunar New Year holiday period has re-emerged.Annual report
「During the interim consolidated accounting period, the shift in the timing of the Lunar New Year holiday compared with the previous year temporarily reduced the volume handled in March in the Group's core ocean freight business, although」
The shift in the timing of the Lunar New Year holiday, previously cited as an individual factor but not explicitly mentioned thereafter, is cited again as a factor behind the decline in volumes handled in March. - FY2019DroppedAnnual reportThe full-year discussion of operating results does not identify the shift in the timing of the Chinese New Year and the resulting temporary decline in cargo volumes as an individual factor.
- FY2019-Q3RestatedAnnual report
「Meanwhile, the number of customs clearance orders remained almost at the same level as the previous year at 66,989, down 0.5% year on year. This reflected the decline in March due to the Lunar New Year and disruptions and delays in domestic logistics caused by typhoon damage in September of the previous year, which led to temporary restrictions on orders, particularly for new projects.」
The explanation that the March decline in cargo volumes affected the number of customs clearance orders continues. - FY2019-Q2MitigatedAnnual report
「During the current second quarter cumulative consolidated period, imports of cargo from China to Japan temporarily declined in the first half of March due to the Chinese New Year. However, stronger sales activities aimed at further expanding orders for integrated transportation services proved effective, and from April onward, ocean freight handling and customs clearance orders remained firm.」
Cargo volumes declined in the first half of March due to the Chinese New Year, but from April onward, stronger sales activities kept ocean freight handling and customs clearance orders firm, mitigating the impact. - FY2019-Q1First statedAnnual report
「Cargo handling typically declines temporarily in February due to the Chinese New Year, after which cargo flows gradually return to normal. This year, however, the Chinese New Year fell in mid-February, later than the previous year, so its impact extended into March, the start of the current first quarter cumulative consolidated period. As a result, cargo flows slowed in the first half of March. From April onward, however, the strengthening of sales activities aimed at expanding earnings proved effective, and handling of international freight and customs clearance orders increased.」
As the Chinese New Year fell later than the previous year, cargo handling temporarily slowed in the first half of March. From April onward, international freight handling and customs clearance orders increased as a result of stronger sales activities, but this was not enough to offset the March decline.