Cost increases associated with logistics constraints
First written in FY2018-Q3. 10 of 17 entries say "Restated". Latest entry: FY2026.
Gecoss moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 99 of 155 companies on the "Worse" side.
46 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In addition, if uncertainty in the Middle East is prolonged, further increases in logistics costs and an impact on the procurement of paint materials are concerns.」
Regarding the risk of higher logistics costs, the company added the possibility of further increases caused by prolonged tensions in the Middle East and the impact on the procurement of paint materials. - 2026-05-12WorsenedFinancial results presentation
「There are concerns about procuring transportation fuel.」
The risk of higher logistics costs now also includes concerns about procuring transportation fuel amid instability in the Middle East. - FY2025-H1RestatedAnnual report
「Meanwhile, tight labor supply and demand due to factors including the 2024 problem, as well as rising labor and logistics costs, have continued.」
The company has reaffirmed that rising logistics costs, tight labor supply and demand, and higher labor costs have continued. - FY2024WorsenedAnnual report
「Although robust demand is expected to continue in fiscal 2024, concerns include the persistently high cost of goods, as well as labor shortages caused by the so-called 2024 problem and the resulting higher costs.」
The risk of persistently high logistics costs has been compounded by labor shortages resulting from the 2024 issue and concerns about additional cost increases. - FY2024-Q3RestatedAnnual report
「In the construction industry in which our group operates, demand remained solid, particularly for public investment, but profitability remained under pressure as material, logistics and other costs continued to stay high.」
The company has reaffirmed that persistently high costs, including logistics costs, are making profitability conditions more challenging. - FY2024-Q2RestatedAnnual report
「In the construction industry in which our group operates, public investment remained robust and there were signs of a recovery in capital investment, but profitability remained under pressure, mainly due to persistently high material and logistics costs.」
The company has reaffirmed that persistently high logistics costs are making profitability conditions more challenging. - FY2024-Q1RestatedAnnual report
「In the construction industry in which our group operates, public investment remained solid and there were signs of a recovery in capital investment, but profitability remained under pressure, mainly due to higher material and logistics costs.」
The company has reaffirmed that rising logistics costs are making profitability conditions more challenging. - FY2020RestatedAnnual report
「In the heavy temporary works business, we will shift materials and personnel to urban areas, including the Tokyo metropolitan area, where demand is expected to increase, thereby improving the efficiency of management resources. We will also focus on securing logistics capacity and construction personnel, both of which are expected to become tighter going forward.」
Assuming tighter supply and demand in logistics and the challenge of securing construction personnel, the company continues to shift and secure materials and personnel. - FY2020-Q3WorsenedAnnual report
「In the construction industry in which our group operates, demand remained solid, particularly in urban areas, while high costs due to labor shortages and increasingly constrained logistics have become chronic.」
Regarding elevated costs due to tight logistics capacity, the wording has strengthened from the previous expressions of continuation and persistently high costs to state that the situation has become chronic. - FY2020-Q2RestatedAnnual report
「In the construction industry in which our group operates, demand remained solid, particularly in urban areas, while costs continued to remain high due to labor shortages and increasingly constrained logistics.」
The company states that the situation of elevated costs due to tighter logistics capacity has continued. - FY2020-Q1RestatedAnnual report
「In the construction industry in which our group operates, demand remained solid, particularly in urban areas, including large-scale projects in the Tokyo metropolitan area. Meanwhile, costs remained high due to labor shortages and increasingly constrained logistics.」
The company states that costs have remained elevated due to tighter logistics capacity. - FY2019WorsenedAnnual report
「Meanwhile, the trend of higher costs due to labor shortages, tighter logistics capacity, and rising steel prices has become more pronounced.」
Not only have higher costs due to tight logistics continued, but the trend of higher costs, including those resulting from labor shortages and higher steel prices, has become more pronounced. - FY2019-Q3RestatedAnnual report
「Meanwhile, the trend of higher costs due to labor shortages and tighter logistics capacity continues.」
The company states that higher costs due to labor shortages and tight logistics capacity continue to be an issue. - FY2019-Q2RestatedAnnual report
「Meanwhile, the trend of higher costs due to labor shortages and tighter logistics capacity continues.」
The company states that higher costs due to labor shortages and tight logistics capacity continue to be an issue. - FY2019-Q1RestatedAnnual report
「In the construction industry in which our group operates, demand remained solid for both private-sector construction investment, centered on large-scale projects in the Tokyo metropolitan area, and public investment. Meanwhile, costs continued to trend higher due to labor shortages and increasingly constrained logistics.」
The company states that the trend of higher costs due to tighter logistics capacity has continued from the previous quarter and previous fiscal year. - FY2018WorsenedAnnual report
「Meanwhile, the trend of higher costs due to labor shortages and tighter logistics capacity expanded.」
The wording changed from "continuing," as stated through the previous quarter, to state that the trend of higher costs due to tight logistics capacity had expanded. - FY2018-Q3First statedAnnual report
「In the construction industry in which our group operates, demand remained solid, particularly for large-scale projects and public investment in the Tokyo metropolitan area, resulting in high utilization rates for some temporary steel materials and construction machinery. Meanwhile, costs continued to trend higher due to labor shortages and increasingly constrained logistics.」
The trend of higher costs due to tighter logistics capacity is explicitly identified as a new risk that is actually continuing in the business environment.