Higher Raw Material and Utility Costs and Labor Shortages in the Food-Service Business
First written in FY2024-Q1. 6 of 8 entries say "Restated". Latest entry: FY2027-H1.
and ST HD moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 41 of 48 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Regarding sales in Other (food service), although difficult operating conditions continued due to higher raw material prices and utility costs, as well as high costs including labor expenses, sales increased 1.1% due to solid performance in the domestic business.」
In addition to rising raw material prices and utility costs and labor shortages, the Company cited higher personnel and other costs as a challenging business environment. Although revenue increased, the food service business swung to a segment loss. - FY2026RestatedAnnual report
「Revenue from Other (food service business) increased 1.1%, despite the continued challenging business environment in the food service industry, including rising raw material prices and utility costs and labor shortages, as well as the impact of fewer months included in the results due to a change in the fiscal year-end. Solid performance at existing stores and a net increase in new stores, including overseas locations, contributed to revenue.」
While the food service business continued to face rising raw material and utility costs and labor shortages, the net increase in existing and new stores supported revenue growth. - FY2026-H1RestatedAnnual report
「Regarding sales in Other (food service), although difficult operating conditions continued in the restaurant industry due to higher raw material prices and utility costs and labor shortages, sales increased 14.6% due to solid performance at existing stores, the impact of the change in the fiscal year-end and a net increase in new stores, including overseas stores.」
While the food service business continued to face rising raw material prices and utility costs and labor shortages, existing stores, new stores, and overseas operations supported revenue growth. - FY2025RestatedAnnual report
「Although the food service industry continued to face a challenging business environment, including rising raw material prices and utility costs and labor shortages, higher demand for dining out, new store openings, and strong overseas operations contributed to revenue.」
While the food service business continued to face rising raw material and utility costs and labor shortages, demand for dining out, new store openings, and overseas operations supported revenue. - FY2025-H1RestatedAnnual report
「Regarding sales in Other (food service), although difficult operating conditions continued in the restaurant industry due to higher raw material prices and utility costs and labor shortages, sales increased 7.6% due to increased demand for dining out, new store openings and strong overseas operations.」
While the food service business continued to face rising raw material prices and utility costs and labor shortages, revenue increased 7.6% year on year due to stronger demand for dining out, new store openings, and strong overseas operations. - FY2025-Q1RestatedAnnual report
「Regarding sales in Other (food service), although difficult operating conditions continued in the restaurant industry due to higher raw material prices and utility costs and labor shortages, sales increased 11.2% due to increased demand for dining out, new store openings and strong overseas operations.」
While the food service business continued to face rising raw material prices and utility costs and labor shortages, revenue increased 11.2% due to stronger demand for dining out, new store openings, and strong overseas operations. - FY2024-Q2RestatedAnnual report
「Revenue in Other (food and beverage) increased 29.2%, despite continued difficult operating conditions in the restaurant industry, including higher raw-material prices and utility costs and labor shortages. Customer traffic showed signs of gradual recovery.」
While the food service business continued to face a challenging business environment marked by rising raw material prices and utility costs and labor shortages, revenue increased 29.2% year on year as customer traffic recovered. - FY2024-Q1First statedAnnual report
「Regarding sales in Other (food service), although difficult operating conditions continued in the restaurant industry due to higher raw material prices and utility costs and labor shortages, customer traffic gradually began to recover, resulting in higher sales.」
For the food service business, the Company cited rising raw material prices and utility costs, as well as labor shortages, as a challenging business environment. Higher costs also affected the decline in the gross profit margin, and the risk has materialized in actual results.