Risk of fluctuations in fresh-produce and other ingredient procurement costs due to weather and poor harvests

「The difficult business environment continues, with persistent labor shortages and higher raw-material prices, as well as expected increases in the prices of petroleum-derived products due to international conditions.」

「A nationwide rice shortage occurred. The company secured its procurement volume through its relationship of trust with suppliers, but the substantial increase in procurement unit prices became a factor weighing on profit.」

「A nationwide rice shortage occurred. The company secured its procurement volume through its relationship of trust with suppliers, but the substantial increase in procurement unit prices became a factor weighing on profit.」

「On the expense side, higher raw material costs and increases in electricity, water and other utility costs became factors weighing on profit.」

「On the cost side, higher prices for fresh and processed foods, increased labor costs due to shortages of cooks, dietitians and other personnel, and higher utility costs resulting from rising crude oil prices weighed on profit. The company worked to secure profit by reducing raw material costs through a review of suppliers and continually refining its menus.」

「In terms of expenses, in addition to labor costs and soaring raw material and logistics costs, utility costs also rose sharply, becoming a major factor weighing on profit.」

「In the Asmo Food Service business, cost management became a major challenge because of soaring raw material and logistics costs.」

「In addition, affected by price increases in food and other everyday necessities in Japan, the company faced challenges in procuring fresh vegetables, whose prices fluctuate significantly. It changed ingredients to contain costs and worked to secure profits by optimizing staffing and controlling selling, general and administrative expenses.」

「On the other hand, the company was able to contain costs because market prices for produce were more stable than in the same quarter of the previous year.」

「In the Asmo Food Service business, the cost of some ingredients rose because of higher raw material and logistics costs, but the company responded by changing menus to use ingredients with stable prices.」

「In the Asmo Food Service business, the operating environment remained difficult amid soaring material costs and the need to maintain high hygiene standards at worksites, among other factors,」

「Because the Asmo Food Service business has stable customers, its sales were not directly affected by the novel coronavirus infection. Indirectly, however, costs increased because procurement prices for ingredients rose as demand changed after the lifting of the emergency declaration, and expenses for masks and other hygiene products continued as measures against the prolonged novel coronavirus infection.」

「The Asmo Food Service business remained in a difficult environment because of the following various factors: changes in demand after the lifting of the emergency declaration; sharp fluctuations in procurement prices for ingredients due to nationwide low temperatures, record rainfall and insufficient sunlight; continued spending on masks and other hygiene products associated with prolonged measures against the novel coronavirus infection; and costs for temporary-to-permanent placement services incurred to retain on-site personnel hired to improve the working environment.」

「In the Asmo Food Service business, procurement prices for produce fluctuated sharply because demand changed after the emergency declaration was issued in April, and because insufficient sunlight and low temperatures caused poor growing conditions, in addition to」

「As in the second quarter of the consolidated fiscal year, the business remained in an extremely difficult environment, with procurement prices for produce rising because insufficient sunlight caused poor growing conditions, and also rising because of typhoons, climate change and flooding in various regions, while labor shortages were accompanied by higher labor costs.」

「The Asmo Food Service business remained in an extremely difficult environment, with procurement prices for produce rising because of poor growing conditions caused by insufficient sunlight in early spring and the impacts of typhoons and flooding in various regions, while labor shortages were accompanied by higher labor costs.」

「The company is concerned that procurement prices for produce may rise because insufficient sunlight in early spring caused poor growing conditions.」

「The Asmo Food Service business remained in a difficult operating environment, with labor shortages and higher labor costs continuing, while procurement prices for produce rose in the summer because of typhoons, the heavy rains in western Japan and the Hokkaido Eastern Iburi Earthquake.」

「The Asmo Food Service business remained in an extremely difficult environment, with procurement prices for produce rising because of typhoons, the heavy rains in western Japan and the Hokkaido Eastern Iburi Earthquake, while labor shortages were accompanied by higher labor costs.」

「Going forward, leafy vegetables are expected to suffer heat damage during extremely hot weather, and prices are expected to rise as a result of deteriorating quality.」

「In the Asmo Food Service business, procurement prices for produce rose because typhoons and insufficient sunlight since last autumn caused poor growing conditions.」