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Kura Sushi (2695) · RiskRestated

Rising labor costs due to a tight labor market

First written in FY2016-Q2. 24 of 30 entries say "Restated". Latest entry: 2026-09-11.

30entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016-Q2 – FY2020RestatedFY2023-Q3 – 2026-09-112016: 220162017: 320172018: 420182019: 320192020: 220202021: 120212022: 220222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies
Intensifying Competition, Higher Raw-Material Costs and Rising Labor Costs in the Food-Service IndustryA theme 54 companies write about · 62 as a headwind · 0 as a tailwind

Kura Sushi moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).

The whole theme swung hardest in 2022: 40 of 47 companies on the "Worse" side.

21 other companies' latest entry also says "Restated".

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 54 companies compared. The sentences above are computed from all 54.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-11RestatedEarnings

    「The overall food-service industry also continues to face difficult conditions, including rising raw-material prices and labor costs.」

    This reconfirms the difficult food-service environment caused by rising raw-material prices and labor costs.
  2. FY2026-H1RestatedAnnual report

    「The overall food-service industry also continues to face difficult conditions, including rising raw-material prices and labor costs.」

    The company reaffirms its view that the challenging environment for the food service industry continues, including rising raw material prices and labor costs.
  3. FY2025-H1RestatedAnnual report

    「The food service industry as a whole also continues to face challenging conditions, including rising raw material prices, particularly for rice, and higher labor costs.」

    The company reaffirms its view that the challenging environment for the food service industry continues, including rising labor costs.
  4. FY2024RestatedAnnual report

    「The food service industry also continues to face a challenging environment, including consumers eating out less due to high prices, as well as higher procurement prices and labor costs.」

    The challenging environment for the food service industry, including rising procurement prices and labor costs, continues to be described as a business risk.
  5. FY2024-Q2RestatedAnnual report

    「The food service industry also continues to face a challenging environment, including higher procurement prices, labor costs and utility costs.」

    The company states that the challenging environment for the food service industry continues, including rising procurement prices, labor costs and utility costs.
  6. FY2024-Q1RestatedAnnual report

    「In the food service industry, although the challenging environment continues, owing to elevated procurement prices, including those for imported food ingredients, resulting from the sustained depreciation of the yen, rising labor costs due to labor shortages, and higher utility costs, business conditions have generally begun to improve, supported by increased sales resulting from greater foot traffic.」

    The company states that the challenging environment for the food service industry continues, including rising labor costs due to labor shortages, while overall business conditions have begun to improve as foot traffic increases.
  7. FY2023RestatedAnnual report

    「The economic outlook remains uncertain, as wage increases due to labor shortages continue amid the normalization of economic activity.」

    Wage increases due to labor shortages continue to be described as an operating-environment risk.
  8. FY2023-Q3RestatedAnnual report

    「The economic outlook remains uncertain, owing to price increases resulting from the depreciation of the yen and wage increases due to labor shortages.」

    Wage increases due to labor shortages continue to be described as an operating-environment risk.
  9. FY2023-Q2WorsenedAnnual report

    「Meanwhile, profits were pressured by inflation in prices and wages, including a consumer price increase rate that reached its highest level in 40 years.」

    The company states that price and wage inflation in North America pressured profits, providing a concrete description of the impact of rising labor costs.
  10. FY2023-Q1WorsenedAnnual report

    「The challenging conditions continued, with higher food and utility prices encouraging consumers to economize and reducing opportunities to eat out.」

    In addition to the cost burden, including rising labor costs, the company describes how sharp increases in food and utility prices led to greater consumer frugality and fewer opportunities to eat out.
  11. FY2022WorsenedAnnual report

    「In addition, the challenging environment continued, with the depreciation of the yen driving up food ingredient and energy prices, while hourly wages for part-time workers rose as demand for restaurant workers increased with the normalization of restaurant operations.」

    The company states that hourly wages for part-time workers rose in Japan as demand for restaurant workers increased. In the U.S., wage inflation and labor shortages are described as factors constraining normal operations.
  12. FY2022-Q3WorsenedAnnual report

    「However, as labor costs rose with the normalization of economic activity, higher food and energy prices, together with the depreciation of the yen, resulted in a continuing challenging operating environment.」

    Rising labor costs accompanying the normalization of economic activity continue to be cited, while higher food and energy prices and the depreciation of the yen are described as contributing to the challenging environment. The company also describes measures to address the sharp rise in labor costs in North America.
  13. FY2022-Q2WorsenedAnnual report

    「However, inflation accelerated at a record pace as demand recovered rapidly with the normalization of economic activity, and the company was affected by sharp increases in labor costs and prices.」

    The company states that accelerating inflation accompanying the recovery in demand and sharp increases in labor costs affected actual performance in its U.S. operations.
  14. FY2020RestatedAnnual report

    「In the food service industry, the operating environment remains challenging, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    Rising labor costs due to tight labor supply and demand are described as a factor contributing to the continuing challenging business environment.
  15. FY2020-Q1RestatedAnnual report

    「In the food service industry, the challenging environment continues due to ongoing cost increases, including labor and raw material costs, and intensifying competition to attract customers across business formats, including prepared-food businesses.」

    Cost increases, including rising labor costs, are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry.
  16. FY2019RestatedAnnual report

    「In the food service industry, the operating environment remains challenging, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry.
  17. FY2019-Q3RestatedAnnual report

    「In the food service industry, the challenging environment continues, owing to elevated raw material prices, rising labor costs due to tight labor supply and demand, and growth in the prepared-food market.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry.
  18. FY2019-Q2RestatedAnnual report

    「In the food service industry, the challenging environment continues, owing to the impact of competitors' aggressive store openings, rising labor costs due to tight labor supply and demand, and growth in the prepared-food market.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry.
  19. FY2019-Q1RestatedAnnual report

    「In the food service industry, the challenging environment continues due to ongoing cost increases, including labor and raw material costs, and intensifying competition to attract customers across business formats, including prepared-food businesses.」

    Rising labor costs are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry. Rising raw material costs are newly identified as a separate risk.
  20. FY2018-Q3RestatedAnnual report

    「In the food service industry, in addition to the impact of competitors' aggressive store openings, the industry continues to face a challenging environment, including rising labor costs due to tight labor supply and demand.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry.
  21. FY2018-Q2RestatedAnnual report

    「In the food service industry, the challenging environment continues, owing to the impact of competitors' aggressive store openings, rising labor costs due to tight labor supply and demand, and growth in the prepared-food and deli market.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry.
  22. FY2018-Q1RestatedAnnual report

    「In the food service industry, in addition to the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand, sales of high-value-added prepared foods, including convenience-store products and supermarket deli items, continued to grow, and the challenging environment persisted.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a factor contributing to the continuing challenging environment for the food service industry.
  23. FY2017RestatedAnnual report

    「In the food service industry, the group continues to face a challenging environment, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a continuing business-environment risk.
  24. FY2017-Q2RestatedAnnual report

    「In the food service industry, in addition to the impact of competitors' aggressive store openings, the group continued to face a challenging environment, including rising labor costs due to tight labor supply and demand.」

    Rising labor costs due to tight labor supply and demand are reaffirmed as a continuing business-environment risk.
  25. FY2017-Q1RestatedAnnual report

    「In the food service industry, the group continues to face a challenging environment, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    Tight labor supply and demand and rising labor costs are reaffirmed as continuing business-environment risks.
  26. FY2016RestatedAnnual report

    「In the food service industry, the group continues to face a challenging environment, including the impact of competitors' aggressive store openings and rising labor costs due to tight labor supply and demand.」

    Tight labor supply and demand and rising labor costs are again cited as factors contributing to the continuing challenging business environment.
  27. FY2016-Q3RestatedAnnual report

    「The challenging environment continues, including rising labor costs due to tight labor supply and demand.」

    Rising labor costs due to tight labor supply and demand are again presented as a continuing business-environment risk.
  28. FY2016-Q2First statedAnnual report

    「The group continued to operate in a challenging environment, including rising labor costs due to tight labor supply and demand.」

    Tight labor supply and demand and rising labor costs are described as actual risks in the business environment.
Moved together

"Cost burden from rising raw material costs" moved the same way as this thread, in the same document, in 5 of its 30 moves.

5322★1234
  1. ★This thread
  2. 1Cost burden from rising raw material costs5×
  3. 2Slowdown in the Recovery of Personal Consumption and Weakness in Corporate Capital Investment3×
  4. 3Foreign Exchange Movements Affecting Imported Ingredients and Overseas Subsidiaries2×
  5. 4Raw Material Supply Constraints Due to Resource Depletion and Fishing Restrictions2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kura Sushi yet. It last moved in the Earnings of 2026-09-11: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Rising labor costs due to a tight labor market | Kura Sushi,Inc. (2695) | Komori