Risk of rising labor costs due to minimum hourly wage revisions
First written in FY2017. 6 of 12 entries say "Materialised", first in FY2018-Q3. Latest entry: FY2027-H1.
Hokuyu Lucky moved to the "Worse" side of this theme in 2018, 6 years before the typical company in this theme (2024).
The whole theme swung hardest in 2023: 7 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥28 million year on year due to higher depreciation and amortization, by ¥10 million due to higher miscellaneous wages, and by ¥5 million due to higher provision for bonuses, while utilities expenses decreased by ¥58 million year on year.」
Among personnel-related expenses, miscellaneous wages increased by ¥10 million and the provision for bonuses increased by ¥5 million, with the risk of higher labor costs continuing to emerge as an increase in expenses. - 2026-04-10WorsenedEarnings
「人件費や物流費、エネルギー価格をはじめとしたコストの上昇に加え、原材料価格の高騰や円安の影響により食料品の値上げが続けられた」
人件費を含む各種コストの上昇を、業界の厳しい経営環境の要因として再度明示している。 - FY2023-Q3MaterialisedAnnual report
「Against this backdrop, Japan is facing severe cost inflation, with growth remaining insufficient, higher material prices and a weaker yen adding to the pressure, along with rising wages.」
Higher costs, including rising wages, continue to be identified as an actual cost pressure on corporate management. - FY2019MaterialisedAnnual report
「Although utilities and other expenses exceeded the previous fiscal year as a result of higher labor costs affected by minimum wage revisions and higher crude oil prices,」
Higher labor costs resulting from minimum wage revisions appeared as an actual increase in expenses during the current fiscal year. - FY2019-Q3MaterialisedAnnual report
「Although utilities and other expenses increased as a result of higher labor costs due to the rise in the minimum hourly wage and higher crude oil prices,」
Higher labor costs resulting from the rise in the minimum hourly wage and higher utilities and other expenses resulting from higher crude oil prices have appeared as actual cost increases during the nine-month period of the current fiscal year. - FY2019-Q2MaterialisedAnnual report
「Although labor costs increased due to higher hourly wages and utilities and other expenses also rose as a result of higher crude oil prices during the current fiscal year,」
The increase in labor costs resulting from higher hourly wages actually occurred as a cost increase during the current fiscal year. - FY2019-Q1RestatedAnnual report
「To address conditions such as stagnant consumption and intensifying competition, the company is making the maximum possible effort to strengthen its "product capabilities," "store execution capabilities" and "marketing capabilities" as part of its operating policy.」
The company continues to respond through its operating policies, assuming a challenging operating environment that includes rising labor costs. - FY2018WorsenedAnnual report
「Addressing tight labor supply and demand and rising labor costs resulting from minimum wage revisions has become an urgent issue, and the challenging operating environment is expected to continue.」
The company describes tight labor supply and demand and rising labor costs resulting from minimum wage revisions as urgent issues rather than conventional challenges. - FY2018-Q3MaterialisedAnnual report
「Although concerns arose over higher costs for utilities and other items due to rising hourly wages and the impact of higher crude oil prices,」
The increase in labor costs resulting from higher hourly wages is specifically identified as a cost pressure in the current fiscal year. - FY2018-Q2RestatedAnnual report
「Market contraction due to the declining birthrate and aging population, measures to secure labor and the impact of soaring labor costs on management are expected to keep conditions difficult, with little room for optimism.」
The company continues to identify securing labor and the impact of soaring labor costs on management as factors contributing to the challenging operating environment. - FY2018-Q1RestatedAnnual report
「Challenges in securing labor and the impact of soaring labor costs on management are expected to keep conditions difficult, with little room for optimism.」
In addition to securing labor, the company continues to identify the impact of soaring labor costs on management as a factor contributing to the challenging operating environment. - FY2017First statedAnnual report
「Market contraction due to the declining birthrate and aging population and continued increases in labor costs resulting from minimum wage revisions are expected to keep conditions difficult, with little room for optimism.」
The company identifies higher labor costs resulting from minimum wage revisions as an environmental risk facing the retail industry.