Rising Labor and Logistics Costs Due to Labor Shortages and Other Factors

「Although raw material prices, logistics costs, labor costs and other expenses remained high」

「In this industry as well, persistently high raw material prices and other expenses, together with soaring personnel expenses and difficulty securing personnel, significantly pressured corporate earnings.」

「In addition to raw material prices and various expenses remaining high, soaring labor costs and difficulties securing personnel placed significant pressure on corporate earnings.」

「In addition to persistently high raw material prices and other expenses, soaring personnel expenses and difficulty securing personnel significantly pressured corporate earnings.」

「Soaring raw material prices and rising energy, logistics, labor and other costs significantly pressured corporate earnings.」

「Profit also fell below the previous year, despite efforts to review sales channels, expand sales channels to business customers and others, reduce costs and improve productivity, due to higher raw material costs, labor costs and other factors.」

「In this industry, rising raw material, energy and logistics costs put pressure on corporate earnings. In addition, the operating environment remained challenging due to price competition with competitors while consumers continued to strongly favor low prices and saving money, as well as higher labor costs resulting from labor shortages and other factors.」

「Rising raw material, energy and logistics costs put pressure on corporate earnings, and the operating environment remained challenging due to ... higher labor costs resulting from labor shortages and other factors.」

「Rising raw material, energy and logistics costs put pressure on corporate earnings, and the operating environment remained challenging due to intensifying price competition with competitors, higher labor costs resulting from labor shortages and other factors.」

「Sharp increases in raw material, energy, and logistics costs are weighing on corporate earnings. Consumer preference for frugality, driven by repeated price increases accompanying inflation and anxiety about the economic outlook, intensified further, while intensifying price competition with competitors and declining consumer sentiment also affected the business, leaving the operating environment challenging.」

「Higher raw material, energy, and logistics costs are weighing on corporate earnings. Consumer preference for frugality, driven by repeated price increases accompanying inflation and anxiety about the economic outlook, intensified further, while intensifying price competition with competitors and rising labor costs caused by labor shortages and other factors also affected the business, leaving the operating environment challenging.」

「Although heavy rain and the emergence of new variants caused delays in vessel arrivals of overseas containers, profit exceeded that of the previous year through efforts to prioritize profitability, a review of procurement, reductions in excess inventory through appropriate inventory management, and further efforts to reduce logistics and other costs.」

「Although imported beef and pork were affected by delays in vessel arrivals due to overseas containers and heavy rain, overall revenue from the meat business increased, driven by higher selling prices and growth in sales of North American beef and other products.」

「Profit exceeded that in the same quarter of the previous year despite delays in the arrival of overseas containers caused by labor shortages, as a result of efforts to prioritize profitable sales, review procurement, reduce excess inventory through proper inventory management, and further reduce logistics and other costs.」

「The operating environment remained challenging, partly due to intensifying price competition with competitors, rising prices for some raw materials, and higher labor costs resulting from labor shortages.」

「In terms of profit, although we worked to reduce excess inventory and cut costs through appropriate inventory management, results fell below the same quarter of the previous year due to increased procurement costs resulting from higher domestic pork prices and higher logistics costs caused by delays in the arrival of imported beef and pork shipments.」

「In terms of profit, results fell below the same quarter of the previous year due to increased procurement costs associated with higher pork prices resulting from growing demand for domestically produced pork, as well as higher logistics costs caused by delays in the arrival of imported beef and pork shipments.」

「The industry remained in a challenging environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose with increases in the prices of some input materials, labor and logistics costs increased due to labor shortages, and domestic beef market prices remained high.」

「The industry remained in a challenging environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose with increases in the prices of some input materials, labor and logistics costs increased due to labor shortages, and the continued high level of domestic beef market prices and the impact of African swine fever also weighed on conditions.」

「The industry remained in a challenging environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose with increases in the prices of some input materials, labor and logistics costs increased due to labor shortages, and the continued high level of domestic beef market prices and developments related to African swine fever also had an impact.」

「The industry remained in a challenging environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose with increases in the prices of some input materials, labor and logistics costs increased due to labor shortages, and domestic beef market prices remained high.」

「The industry remained in a challenging environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose with increases in the prices of some input materials, labor and logistics costs increased due to labor shortages, and domestic beef market prices remained high.」

「The industry remained in a challenging environment, as consumers continued to favor low prices and frugality, while manufacturing and other costs rose with increases in the prices of some input materials, labor and logistics costs increased due to labor shortages, and domestic beef market prices remained high.」

「Domestic economic conditions are expected to remain challenging, with the outlook still uncertain due to rising manufacturing costs, including raw material and power costs, intensifying competition among companies, and employment issues.」

「During the third-quarter cumulative consolidated period, there were no significant changes in matters described in the quarterly report concerning the business and financial positions that could materially affect investors’ decisions, or in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous fiscal year.」

「During the second-quarter cumulative consolidated period, there were no significant changes from the matters described in “II. Business Overview, 4. Business and Other Risks” of the annual securities report for the previous consolidated fiscal year.」

「Higher manufacturing and other costs due to price increases for some raw materials, together with higher labor and logistics costs due to labor shortages and other factors」