Continued labor shortages and cost increases
First written in FY2017. 11 of 26 entries say "Restated". Latest entry: FY2027-H1.
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- FY2027-H1ReframedAnnual report
「In Okinawa's retail industry, the number of visitors entering the prefecture fell below the level in the same period of the previous year due to the effects of successive typhoons approaching the region. However, economic activity has picked up against a backdrop of strong tourism demand, and the regional economy is expanding gradually. At the same time, the challenging operating environment continues, with soaring procurement prices amid persistent inflation, labor shortages, rising costs and intensifying competition across business formats.」
The company continues to recognize labor shortages, rising costs and intensifying competition as challenges, while explicitly describing the impact of inflation as soaring procurement prices rather than product price increases. - FY2026-H1ReframedAnnual report
「Meanwhile, as product prices have been raised amid persistent inflation, customers have become more inclined to economize, and the retail industry continues to face a difficult business environment due to labor shortages, increases in various costs and intensifying competition across business formats.」
While continuing to recognize labor shortages and rising costs, the disclosure adds the growing tendency among customers to economize following product price increases and intensifying competition across business formats as factors contributing to the retail industry's difficult environment. - FY2025-H1RestatedAnnual report
「In Okinawa Prefecture's retail industry, personal consumption and the number of visitors to the prefecture have remained above the same period of the previous year. However, an uncertain business environment continues amid labor shortages, rising prices and fluctuations in the financial and capital markets.」
The disclosure continues to recognize an uncertain cost environment, including labor shortages, and also lists rising prices and fluctuations in the financial and capital markets. - FY2025-Q1RestatedAnnual report
「In Okinawa Prefecture's retail industry, personal consumption and the number of visitors to the prefecture have remained above the same period of the previous year. However, an uncertain business environment continues amid labor shortages, rising prices and fluctuations in the financial and capital markets.」
The disclosure continues to recognize an uncertain cost environment, including labor shortages, and this time also lists rising prices and fluctuations in the financial and capital markets. - FY2024-Q3RestatedAnnual report
「In Okinawa Prefecture's retail industry, personal consumption has remained above the same period of the previous year, partly because restrictions on movement related to the COVID-19 pandemic were eased. However, an uncertain business environment continues amid labor shortages, rising prices and fluctuations in the financial and capital markets.」
The disclosure continues to recognize the cost environment associated with labor shortages and describes an uncertain business environment that includes rising prices and fluctuations in the financial and capital markets. - FY2024-Q2RestatedAnnual report
「In Okinawa Prefecture's retail industry, personal consumption has remained above the same period of the previous year, partly because restrictions on movement related to the COVID-19 pandemic were eased. However, an uncertain business environment continues amid labor shortages, rising prices and fluctuations in the financial and capital markets.」
While continuing to recognize the cost environment associated with labor shortages, the disclosure identifies an uncertain business environment that includes rising prices and fluctuations in the financial and capital markets as risk factors. - FY2024-Q1ReframedAnnual report
「In Okinawa Prefecture's retail industry, personal consumption has remained above the same period of the previous year, partly because restrictions on movement related to the COVID-19 pandemic were eased. However, an uncertain business environment continues amid labor shortages, rising prices and fluctuations in the financial and capital markets.」
While continuing to recognize the cost environment associated with labor shortages, the disclosure broadens the presentation of risk factors to include rising prices and fluctuations in the financial and capital markets as elements of an uncertain business environment. - FY2022-Q3RestatedAnnual report
「In retail, although the business was affected by requests to refrain from going out and other effects of the COVID-19 pandemic, operating revenue rose 0.7% year on year to ¥146.910 billion as demand for food products expanded, sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened, and sales from stores opened last year and new stores contributed. However, segment profit fell 5.2% to ¥5.582 billion due to store-opening expenses and other costs.」
Store-opening expenses and other costs continue to be identified as factors behind the decline in retail segment profit. - FY2022-Q2RestatedAnnual report
「In retail, although the business was affected by requests to refrain from going out and other effects of the COVID-19 pandemic, operating revenue was unchanged year on year at ¥99.442 billion as demand for food products expanded, sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened, and sales from stores opened last year and new stores contributed. However, segment profit fell 10.4% to ¥3.972 billion due to store-opening expenses and other costs.」
Store-opening expenses and other costs continue to be identified as factors behind the decline in retail segment profit. Higher personnel expenses caused by the previously recognized labor shortages are not explicitly mentioned in the relevant section this time. - FY2021ReframedAnnual report
「Due to deterioration in the gross profit margin and store-opening expenses and other costs, segment profit fell 7.9% to ¥8.234 billion.」
Regarding the factors behind the decline in retail segment profit, the focus of the explanation has shifted from the previously explicit reference to higher personnel expenses caused by labor shortages to deterioration in the gross profit margin, store-opening expenses and related costs. - FY2021-Q3RestatedAnnual report
「In retail, although the business was affected by requests to refrain from going out and other effects of the COVID-19 pandemic, operating revenue rose 2.5% year on year to ¥145.854 billion as demand for food products expanded, sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened, and sales from stores opened last year and new stores contributed. However, segment profit fell 7.2% to ¥5.885 billion due to store-opening expenses and other costs.」
Store-opening expenses and other costs continue to be identified as cost factors. Higher personnel expenses caused by the previously recognized labor shortages are not explicitly mentioned in the relevant section this time, and the focus of the explanation is on store-opening expenses and related costs. - FY2021-Q2ReframedAnnual report
「In retail, although the business was affected by requests to refrain from going out and other effects of the COVID-19 pandemic, operating revenue rose 3.5% year on year to ¥99.402 billion as demand for food products expanded, sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened, and sales from stores opened last year and new stores contributed. However, segment profit fell 8.2% to ¥4.436 billion due to store-opening expenses and other costs.」
The disclosure identifies lower profit due to store-opening expenses and other costs as a cost factor. Higher personnel expenses caused by the previously recognized labor shortages are not explicitly mentioned in the relevant section this time, and the focus of the explanation has shifted to store-opening expenses and related costs. - FY2020WorsenedAnnual report
「In retail, operating revenue rose 4.9% year on year to ¥191.055 billion, as sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened and sales from stores opened in the previous fiscal year and new stores contributed. However, segment profit fell 28.0% to ¥8.945 billion due to higher personnel expenses caused by labor shortages, store-opening expenses and other costs.」
The increase in personnel expenses caused by labor shortages and store-opening expenses and other cost increases have emerged in full-year results as a 28.0% year-on-year decline in retail segment profit. - FY2020-Q3WorsenedAnnual report
「In retail, operating revenue rose 4.7% year on year to ¥142.313 billion, as sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened and sales from stores opened last year and new stores contributed. However, segment profit fell 31.4% to ¥6.340 billion due to higher personnel expenses caused by labor shortages, store-opening expenses and other costs.」
The increase in personnel expenses caused by labor shortages and store-opening expenses and other cost increases has emerged as a 31.4% year-on-year decline in retail segment profit, with the impact expanding from the 24.8% decline for the cumulative period through the previous quarter. - FY2020-Q2MaterialisedAnnual report
「In retail, operating revenue rose 4.1% year on year to ¥96.025 billion, as sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened and sales from stores opened last year and new stores contributed. However, segment profit fell 24.8% to ¥4.832 billion due to higher personnel expenses caused by labor shortages, store-opening expenses and other costs.」
The increase in personnel expenses caused by labor shortages and store-opening expenses and other cost increases have emerged in actual results as a 24.8% year-on-year decline in retail segment profit. - FY2020-Q1MaterialisedAnnual report
「In retail, operating revenue rose 2.4% year on year to ¥45.896 billion, as sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened and sales from stores opened last year contributed. However, segment profit fell 11.0% to ¥2.889 billion due to higher personnel expenses caused by labor shortages, expenses recorded for planned new store openings and other cost increases.」
The increase in personnel expenses caused by labor shortages, expenses recorded for planned new store openings and other cost increases have continued to emerge in actual results as an 11.0% year-on-year decline in retail segment profit. - FY2019MaterialisedAnnual report
「Due to higher personnel expenses caused by labor shortages and store-opening expenses and other costs, segment profit fell 8.3% to ¥12.432 billion.」
The previously recognized increase in personnel expenses caused by labor shortages and store-opening expenses and other cost increases have emerged in full-year results as an 8.3% year-on-year decline in retail segment profit. - FY2019-Q3MaterialisedAnnual report
「In retail, operating revenue rose 2.0% year on year to ¥135.913 billion, as sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened and sales from stores opened last year and 2 new stores contributed. However, segment profit fell 7.9% to ¥9.236 billion due to higher personnel expenses caused by labor shortages, store-opening expenses and other costs.」
The increase in personnel expenses caused by labor shortages and store-opening expenses and other cost increases have continued to emerge in actual results as a 7.9% year-on-year decline in retail segment profit. - FY2019-Q2MaterialisedAnnual report
「In retail, operating revenue rose 3.1% year on year to ¥92.278 billion, as sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened and sales from stores opened last year and 2 new stores contributed. However, segment profit fell 8.0% to ¥6.426 billion due to higher personnel expenses caused by labor shortages, store-opening expenses and other costs.」
The increase in personnel expenses caused by labor shortages and store-opening expenses and other cost increases have continued to emerge in actual results as an 8.0% year-on-year decline in retail segment profit. - FY2019-Q1MaterialisedAnnual report
「In retail, operating revenue rose 2.4% year on year to ¥44.837 billion, as sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select) were strengthened and sales from stores opened last year and 2 new stores contributed. However, segment profit fell 8.1% to ¥3.245 billion due to higher personnel expenses caused by labor shortages, store-opening expenses and other cost increases.」
The previously recognized increase in personnel expenses caused by labor shortages and store-opening expenses and other cost increases have emerged in actual results as an 8.1% year-on-year decline in retail segment profit. - FY2018-Q3MaterialisedAnnual report
「In retail, sales remained firm across all divisions as a result of efforts to strengthen sales of upgraded products, Okinawan products and private-label products (Kurashi More and Lawson Select), and operating revenue benefited from new store openings, reaching ¥133.252 billion, up 2.6% year on year. However, segment profit fell 0.6% to ¥10.026 billion due to store-opening expenses and increases in personnel expenses, utility costs and other costs.」
The previously recognized increases in personnel expenses, utility costs and other costs have emerged in actual results as factors behind the year-on-year decline in retail segment profit, together with store-opening expenses. - FY2018-Q2RestatedAnnual report
「Amid continuing labor shortages and increases in personnel expenses, utility costs and other costs,」
The disclosure reiterates the recognition that higher personnel expenses caused by labor shortages and increases in utility and other costs are continuing. - FY2018-Q1RestatedAnnual report
「Amid continuing labor shortages and increases in personnel expenses, utility costs and other costs,」
The disclosure reiterates the recognition of labor shortages and rising costs as issues, this time specifying higher personnel expenses and utility costs as contributing factors. - FY2017First statedAnnual report
「Amid continuing labor shortages and rising costs, the Company seeks to meet the needs of customers who demand security, safety, trust and quality,」
As an issue recognized for the following consolidated fiscal year, the disclosure describes continuing labor shortages and rising costs.