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Hikari Food Service (138A) · RiskWorsened

Labor Shortages and Rising Labor Costs

First written in FY2023. 2 of 5 entries say "Worsened", first in FY2024. Latest entry: FY2026-H1.

5entries
3years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023WorsenedFY2024RestatedFY2025 – 2026-04-142024: 120242025: 120252026: 32026
Same theme, other companies
Deterioration of Business Costs and the Business Environment Due to Domestic Labor Shortages and Rising Labor CostsA theme 100 companies write about · 101 as a headwind · 0 as a tailwind

Hikari Food Service moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).

The whole theme swung hardest in 2025: 36 of 59 companies on the "Worse" side.

25 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 100 companies compared. The sentences above are computed from all 100.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1WorsenedAnnual report

    「At the same time, the outlook remains uncertain due to the prolonged geopolitical risks, increasingly severe labor shortages in Japan, sustained high wage growth and rising prices.」

    The company now describes labor shortages as becoming more severe and also refers to sustained high wage growth. It states that there were no significant changes in the risk disclosures.
  2. 2026-04-14RestatedEarnings

    「In addition to the prolonged geopolitical risks, the domestic labor shortage is becoming increasingly serious, while high wage growth and rising prices continue to create an uncertain outlook.」

    Continued to identify the worsening labor shortage and high wage growth as issues in the business environment.
  3. FY2025RestatedAnnual report

    「(Likelihood: Medium; timing: No specific timing; impact: High) In Japan, labor shortages and rising wages have become social issues due in part to the declining birthrate and consequent reduction in the working-age population.」

    The company continues to classify talent shortages and rising labor costs as a medium-likelihood, high-impact risk.
  4. FY2024WorsenedAnnual report

    「(Likelihood: Medium; timing: Within several years; impact: High) In Japan, labor shortages and rising wages have become social issues due in part to the declining birthrate and consequent reduction in the working-age population. Securing and developing talented personnel is essential for us to continue opening stores and expanding our business. If we are unable to secure or develop such personnel, or if elevated labor costs persist over an extended period, this could affect our financial position, operating results and cash flows.」

    The company formally assesses the risk of talent shortages and rising labor costs as medium likelihood and high impact.
  5. FY2023First statedAnnual report

    「Securing and developing talented personnel is essential. If we are unable to secure or develop such personnel, or if elevated labor costs persist over an extended period, this could affect our financial position, operating results and cash flows.」

    The company identifies declining working-age population, labor shortages and wage increases as important risks that could arise within several years.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Hikari Food Service yet. It last moved in the Earnings of 2026-04-14: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Labor Shortages and Rising Labor Costs | Hikari Food Service Co.,Ltd. (138A) | Komori