Deteriorating Operating Conditions Due to Consumer Spending, Labor Costs and Food Prices
First written in FY2016. 15 of 33 entries say "Restated". Latest entry: 2026-08-10.
OOTOYA Holdings moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 44 of 52 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- 2026-08-10RestatedEarnings
「In the food service industry, sales trends have remained relatively solid, supported in part by companies' sales promotion initiatives timed to coincide with the extended holiday period. At the same time, the operating environment remains challenging, as costs continue to rise owing to higher food ingredient prices and labor costs.」
The disclosure cited both solid sales trends and continued cost increases caused by higher food ingredient prices and labor costs. - FY2026Resilient demand coexists with high costsAnnual report
「In the food-service industry, demand remains firm due to higher average spending per customer and other factors, but costs continue to rise because of surging food ingredient prices and labor costs, and operating conditions remain challenging.」
The disclosure states that food-service demand remains firm, while cost pressures from surging food ingredient prices and labor costs continue. - 2026-05-08RestatedEarnings
「The operating environment remains challenging, as costs continue to rise owing to higher food ingredient prices and labor costs.」
The disclosure continued to cite cost pressures from higher food ingredient prices and labor costs. - FY2025Recovery in food-service demand alongside cost pressures and increased consumer frugalityAnnual report
「In the food-service industry, demand continues to recover, supported by the gradual recovery in economic activity and increased inbound consumption resulting from the rise in visitors to Japan. However, the industry faces a challenging operating environment due to surging raw material prices, including rice, higher labor costs, and consumers' increasing desire to save amid continued price increases.」
While noting the recovery in food-service demand and inbound consumption, the disclosure explicitly identified raw material prices, including rice, labor costs, and consumers' increasing desire to save due to rising prices as new pressures. - FY2025-H1Recovery in demand alongside cost pressures from import prices and labor shortagesAnnual report
「In the food-service industry, food-service demand remained firm due to the recovery in foot traffic and other factors. However, operating conditions remain challenging due to the impact of surging raw material prices, higher energy prices, and chronic labor shortages.」
While noting the strength of food-service demand due to the recovery in foot traffic, the company continues to recognize the challenging environment resulting from higher raw material and energy prices and chronic labor shortages. - FY2024WorsenedAnnual report
「However, uncertainty is expected to continue, primarily due to the prolonged situation in Ukraine, the impact of the situation in the Middle East, and surging global resource prices.」
In addition to the previous factors of the situation in Ukraine and surging resource prices, the impact of the situation in the Middle East was explicitly identified as a source of uncertainty. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, Japan's economy continued to face uncertainty despite progress toward normalizing economic and social activity through the easing of various COVID-19 restrictions. Cost increases resulting from surging global resource prices and labor shortages remain factors. In the food-service industry, operating conditions also remain challenging due to pressure on store operations from labor shortages, stagnating consumer sentiment amid rising prices, and higher procurement prices and utility costs resulting from surging crude oil and raw material prices.」
While recognizing the normalization of economic and social activity due to the easing of restrictions, the disclosure continues to cite labor shortages, rising prices, cost pressures from surging resource and raw material prices, and stagnating consumer sentiment as factors contributing to the challenging operating environment. - FY2024-Q2Recovery in personal consumption alongside cost pressuresAnnual report
「During the cumulative second-quarter period, Japan's economy showed a gradual recovery in social and economic activity, centered on personal consumption and inbound demand, following the reclassification of COVID-19 under the Infectious Diseases Control Law to Category 5 and the lifting of border control measures. However, uncertainty is expected to continue, particularly due to the prolonged situation in Ukraine and surging global resource prices. In the food-service industry, personal consumption is showing signs of recovery following the reclassification of COVID-19 to Category 5. However, operating conditions remain challenging due to higher procurement prices and utility costs resulting from surging crude oil and raw material prices, as well as the impact of chronic labor shortages.」
While noting the recovery in personal consumption and inbound demand following the reclassification to Category 5 and the lifting of border control measures, cost pressures from surging resource prices, higher procurement prices and utility costs, and chronic labor shortages continue. - FY2024-Q1Pandemic conditions moving toward normalization, while cost pressures continueAnnual report
「In the food-service industry, personal consumption is showing signs of recovery following the reclassification of COVID-19 under the Infectious Diseases Control Law to Category 5. However, operating conditions remain challenging due to higher procurement prices and utility costs resulting from surging crude oil and raw material prices, as well as the impact of chronic labor shortages.」
While noting the reclassification of COVID-19 to Category 5 and signs of recovery in personal consumption, the company explained that challenging conditions continue due to higher procurement prices and utility costs and chronic labor shortages. - FY2023-Q3RestatedAnnual report
「In the food-service industry, operating conditions remained challenging due to pressure on store operations from labor shortages, stagnating consumer sentiment amid rising prices, and higher procurement prices and utility costs resulting from surging crude oil and raw material prices.」
Labor shortages, rising prices, higher costs due to surging crude oil and raw material prices, and stagnating consumer sentiment were cited as continuing factors contributing to the challenging operating environment. - FY2023-Q2WorsenedAnnual report
「During the cumulative second-quarter period, Japan's economy continued to face uncertainty despite progress toward normalizing economic and social activity following the easing of various COVID-19 restrictions. The number of cases rose sharply from July due to the Omicron variant, while the invasion of Ukraine by Russia continued for an extended period and the yen depreciated rapidly.」
While there were signs of normalization due to the easing of restrictions, the sharp increase in cases caused by the Omicron variant, the prolonged invasion of Ukraine, and the rapid depreciation of the yen were identified as new sources of uncertainty. - FY2023-Q1WorsenedAnnual report
「During the cumulative first-quarter period, Japan's economy showed signs of normalization in economic and social activity as various restrictions were gradually eased amid a decline in COVID-19 cases. However, concerns over rising geopolitical risks due to the situation in Ukraine and other factors, in addition to the rapid depreciation of the yen, mean that uncertainty is expected to continue.」
While there were signs of normalization due to the easing of restrictions, the rapid depreciation of the yen and rising geopolitical risks due to the situation in Ukraine and other factors were identified as new concerns, and uncertainty is continuing. - FY2022WorsenedAnnual report
「There are concerns over rising geopolitical risks due to surging crude oil and raw material prices and the situation in Ukraine, among other factors, and uncertainty is expected to continue.」
In addition to the previous factors, including COVID-19, the disclosure cited surging crude oil and raw material prices and rising geopolitical risks due to the situation in Ukraine. - FY2022-Q1WorsenedAnnual report
「Although signs of recovery in personal consumption were seen in some areas, such as luxury branded goods and high-performance home appliances, consumption, particularly face-to-face personal services, remained weak because the impact of the COVID-19 pandemic showed no sign of abating due to the spread of highly transmissible variants.」
It was recognized that the impact of the pandemic had not abated due to the spread of highly transmissible variants, leaving consumption of face-to-face services weak. The continued and worsening risk was noted. - FY2021WorsenedAnnual report
「Amid various circumstances, including fewer opportunities to go out due to the effects of repeated states of emergency, shortened operating hours at the request of government authorities, and reduced seating capacity to ensure social distancing, food-service demand declined substantially compared with normal years, and challenging operating conditions continue.」
The decline in food-service demand due to COVID-19, multiple states of emergency, shortened operating hours, and reduced seating capacity was cited as resulting in a challenging operating environment throughout the year. - FY2021-Q3WorsenedAnnual report
「From late November, when the increase in novel coronavirus cases again became pronounced, personal consumption fell into sharp stagnation toward year-end due to factors including declining consumer sentiment resulting from fewer opportunities to go out and worsening employment conditions.」
The stagnation of personal consumption became more severe due to the third wave of infections, fewer opportunities to go out, declining consumer sentiment, and worsening employment conditions. - FY2021-Q2WorsenedAnnual report
「Personal consumption generally remained stagnant due to the lack of a foreseeable end to the novel coronavirus pandemic, deterioration in employment conditions, and prolonged rainy weather and torrential rain disasters.」
The lack of a foreseeable end to the novel coronavirus pandemic, deterioration in employment conditions, and prolonged rainy weather and torrential rain disasters became additional factors contributing to the stagnation of personal consumption. - FY2020WorsenedAnnual report
「Operating conditions remained challenging, as the number of customers fell substantially following the spread of the novel coronavirus from January of that year.」
In addition to the previous factors of personal consumption, food ingredient prices, labor costs, and competition, the decline in customer numbers due to the spread of the novel coronavirus became an additional factor contributing to the challenging operating environment. - FY2020-Q3WorsenedAnnual report
「During the cumulative third-quarter period, Japan's economy remained on a gradual recovery track overall, but uncertainty continued due to increased uncertainty in the global economy and the impact of natural disasters. Personal consumption also remained insufficiently recovered, partly due to the impact of the consumption tax increase implemented in October.」
The external environment remained challenging, citing increased uncertainty in the global economy, natural disasters, and the impact of the consumption tax increase, including the insufficient recovery in personal consumption. - FY2020-Q2RestatedAnnual report
「In the food-service industry, personal consumption remained insufficiently recovered, while persistently high food ingredient prices, rising labor costs due to chronic labor shortages, and intensifying competition with other business formats for customers resulted in continued challenging operating conditions.」
We continue to recognize a challenging operating environment due to personal consumption, food ingredient prices, labor shortages and labor costs, and competition from other business formats. - FY2020-Q1RestatedAnnual report
「In the food-service industry, personal consumption remained insufficiently recovered, while persistently high food ingredient prices, rising labor costs due to chronic labor shortages, and intensifying competition with other business formats for customers resulted in continued challenging operating conditions.」
We continue to recognize the delayed recovery in personal consumption, food ingredient prices, labor shortages and labor costs, and competition from other business formats as factors contributing to the challenging environment for the food-service business. - FY2019WorsenedAnnual report
「While personal consumption remained insufficiently recovered, food ingredient prices stayed high, labor costs rose due to chronic labor shortages, and competition with other business formats for customers intensified further. In addition, the impact of typhoons and earthquakes contributed to continued challenging operating conditions.」
Typhoons and earthquakes, in addition to personal consumption, food ingredient prices, labor shortages and labor costs, and competition from other business formats, were cited as factors contributing to the challenging operating environment. - FY2019-Q3RestatedAnnual report
「In the food-service industry, personal consumption remained insufficiently recovered, while persistently high food ingredient prices, rising labor costs due to chronic labor shortages, and intensifying competition with other business formats for customers resulted in continued challenging operating conditions.」
We continue to recognize a challenging operating environment due to the slow recovery in personal consumption, food ingredient prices, labor shortages and labor costs, and competition from other business formats. - FY2019-Q2RestatedAnnual report
「In the food-service industry, personal consumption remained insufficiently recovered, while persistently high food ingredient prices, rising labor costs due to chronic labor shortages, and intensifying competition with other business formats for customers resulted in continued challenging operating conditions.」
We continue to recognize a challenging operating environment due to personal consumption, food ingredient prices, labor shortages and labor costs, and competition from other business formats. - FY2019-Q1RestatedAnnual report
「The food-service industry also continued to face difficult operating conditions, as personal consumption remained insufficiently recovered, food prices stayed high, labor shortages became entrenched, labor costs rose, and competition to attract customers from other formats intensified further.」
We continue to recognize a challenging operating environment due to personal consumption, food ingredient prices, labor shortages and labor costs, and competition from other business formats. - FY2018-Q3RestatedAnnual report
「The food-service industry also faced increasingly difficult operating conditions, as food prices remained high, labor costs rose, and competition to attract customers from other formats intensified further.」
The company continues to recognize difficult operating conditions caused by food prices, labor costs and competition to attract customers from other formats. - FY2018-Q2RestatedAnnual report
「The food-service industry also faced increasingly difficult operating conditions, as food prices remained high, labor costs rose, and competition to attract customers from other formats intensified further.」
The company continues to recognize difficult operating conditions caused by food prices, labor costs and competition to attract customers from other formats. - FY2018-Q1RestatedAnnual report
「The food-service industry also continued to face difficult operating conditions, as personal consumption remained insufficiently recovered, food prices stayed high, labor costs rose amid labor shortages, and competition to attract customers from other formats intensified further.」
The company continues to recognize difficult operating conditions caused by personal consumption, food prices, labor costs and competition from other formats. - FY2017RestatedAnnual report
「The food-service industry also continued to face difficult operating conditions, as personal consumption remained insufficiently recovered, food prices stayed high, labor costs continued to rise amid labor shortages, and competition with convenience stores, food supermarkets and other formats intensified.」
The company continues to recognize difficult operating conditions caused by personal consumption, labor costs, food prices and competition from other formats. - FY2017-Q3WorsenedAnnual report
「Against this backdrop, the food-service industry also continued to face difficult operating conditions, as personal consumption stagnated, labor costs remained high, and competition to attract customers from convenience stores, food supermarkets and other formats intensified further.」
The company indicates that personal consumption stagnated, labor costs remained high, and competition to attract customers from other formats intensified further. - FY2017-Q2RestatedAnnual report
「The operating environment is expected to remain difficult. Food prices remain high and labor costs are rising amid labor shortages, while competition with other formats, including convenience stores and food supermarkets, for customers is intensifying.」
The company continues to recognize a difficult operating environment, including high food prices, high labor costs and stagnant personal consumption. - FY2017-Q1RestatedAnnual report
「The operating environment is expected to remain difficult. Food prices remain high and labor costs are rising amid labor shortages, while competition with other formats, including convenience stores and food supermarkets, for customers is intensifying.」
Food prices, labor costs and competition to attract customers are again identified as ongoing operating-environment risks for the food-service business. - FY2016First statedAnnual report
「The difficult operating environment continued, as concerns about the economic outlook caused personal consumption to stagnate, labor costs remained high and food prices rose, resulting in a decline in the number of customers.」
The statement identifies external environmental risks relating to demand, labor costs and food costs in the food-service business.