Higher Raw Material Prices, Rising Labor Costs and Consumer Frugality
First written in FY2016. 17 of 36 entries say "Restated". Latest entry: 2026-10-05.
Amiyaki Tei moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 40 of 47 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- FY2026WorsenedAnnual report
「Although demand in the food service industry is expected to remain firm as personal consumption recovers, the operating environment is expected to remain challenging. In addition to higher raw-material prices and rising labor costs amid labor shortages, changes in the competitive environment with eating at home and prepared-food options may affect consumer behavior to some extent as consumers become more inclined to save.」
In addition to rising raw-material and labor costs and consumers' increased propensity to save, changes in the competitive environment with eating at home and prepared-food options are explicitly identified as new demand risks. - 2026-05-26RestatedGeneral Meetings of Shareholders
「At the same time, the cost environment remained challenging as raw material prices rose and labor costs increased amid labor shortages.」
The company continues to describe a challenging cost environment caused by higher raw material prices, labor shortages, and rising labor costs. - FY2026-H1RestatedAnnual report
「Although inbound demand and other factors remain strong in the food service industry, the operating environment remains challenging due to rising raw-material, logistics, and labor costs, soaring imported food prices resulting from the weaker yen, and consumers' increasing propensity to save amid continued price increases.」
While the strength of inbound demand is noted, the challenging environment resulting from raw-material, logistics, and labor costs, imported food prices pushed up by the weaker yen, and rising prices and increased saving continues. - FY2025-H1RestatedAnnual report
「Although inbound demand remains firm, the improvement in consumer sentiment has stalled. Amid concerns over rising prices, more consumers are increasingly seeking attractively priced products as they become more inclined to save. In addition, energy prices, labor costs due to labor shortages, and raw-material costs continue to rise, leaving the environment challenging.」
While the strength of inbound demand is noted, the challenging environment due to consumers' increased propensity to save and rising energy, labor, and raw-material costs continues. - FY2024RestatedAnnual report
「With sluggish growth in demand for eating out due to the declining birth rate and aging population, combined with a shrinking labor force, the environment surrounding the food service industry is expected to remain increasingly uncertain.」
Sluggish demand for eating out, a shrinking labor force, and uncertainty in the demand and cost environment due to rising raw-material, energy, and labor costs continue. - FY2024-Q3RestatedAnnual report
「Although signs of a recovery in demand have emerged in the food service industry, uncertainty continues due to the weaker yen, persistently high raw-material prices resulting from the prolonged situation in Ukraine, and changes in consumer sentiment caused by the resulting rise in prices.」
While acknowledging signs of a recovery in demand, the disclosure continues to identify cost and demand risks arising from the weaker yen, persistently high raw-material prices, rising prices, and changes in consumer sentiment. - FY2024-Q1RestatedAnnual report
「Although signs of a recovery in demand have emerged in the food service industry, uncertainty continues due to the weaker yen, persistently high energy and raw-material prices resulting from the prolonged situation in Ukraine, and changes in consumer sentiment caused by the resulting rise in prices.」
While signs of a recovery in demand are noted, the previous cost and demand risks, including the weaker yen, persistently high energy and raw-material prices, rising prices, and changes in consumer sentiment, continue. - FY2023WorsenedAnnual report
「Against a trend toward a shrinking market due to population decline accompanying the declining birth rate and aging population, the COVID-19 pandemic has added further pressure. The resulting decline in consumers' propensity to eat out, lower sales due to changes in consumer behavior such as demand for takeout and delivery, and increases in energy, food-material and labor costs are expected to make the operating results of our Group's business increasingly challenging going forward.」
The combination of market contraction, changes in consumer behavior, and increases in energy, food-material, and labor costs indicates that the risks to business operating results remain increasingly challenging. - FY2023-Q3WorsenedAnnual report
「Although the number of customers visiting restaurants has been gradually increasing in the food service industry, the recovery has slowed due to lower consumer sentiment caused by rising prices and sluggish demand for corporate year-end parties. In addition, increases in food-material procurement prices, labor costs, utility costs, and logistics expenses have contributed to the continued challenging operating environment.」
As the recovery in customer traffic slows, rising prices, sluggish demand for year-end parties, and increases in food-material procurement prices, labor costs, utility costs, and logistics expenses have combined to sustain the challenging cost and demand environment in the food service industry. - FY2023-Q2WorsenedAnnual report
「Although the food service industry was able to enter its first Golden Week and summer holiday period in 3 years without restrictions on business operations, challenging conditions have continued due to lower consumer sentiment caused by the seventh wave of COVID-19, soaring raw-material prices and utility costs resulting from the weaker yen, and rising labor costs.」
While restrictions on business operations were eased, the decline in consumer sentiment caused by the seventh wave, together with increases in raw-material prices, utility costs, and labor costs against the backdrop of the weaker yen, is explicitly identified, indicating that the challenging operating environment has continued. - FY2023-Q1WorsenedAnnual report
「Although the food service industry was able to enter its first Golden Week in 3 years without restrictions on business operations, the surrounding environment remains challenging due to changes in consumers' lifestyles and increases in procurement prices, utility costs, and logistics expenses resulting from soaring raw-material and crude-oil prices.」
In addition to soaring raw-material and crude-oil prices, increases in procurement prices, utility costs, and logistics expenses are explicitly identified, broadening the cost factors beyond the previous risks of rising food-material and labor costs. Rising cost of sales and operating expenses are described as part of the actual operating environment. This continues. - FY2022WorsenedAnnual report
「Against a trend toward a shrinking market due to population decline accompanying the declining birth rate and aging population, the COVID-19 pandemic has added further pressure. The resulting decline in consumers' propensity to eat out, lower sales due to changes in consumer behavior such as demand for takeout and delivery, and increases in energy, food-material and labor costs are expected to make the operating results of our Group's business increasingly challenging going forward.」
In addition to the previous weakness in demand and increases in food-material and labor costs, population decline, market contraction, changes in consumer behavior, and rising energy costs are listed as concerns affecting business operating results. - FY2022-Q3WorsenedAnnual report
「Furthermore, with Japan's first domestic case of the Omicron variant confirmed on 30 November, uncertainty surrounding the recovery of business performance remains difficult to dispel.」
In addition to the previous state of emergency, requests to shorten business hours, and restrictions on serving alcoholic beverages, the domestic confirmation of the Omicron variant was added as a source of uncertainty surrounding the recovery of business performance. - FY2022-Q2WorsenedAnnual report
「The operating environment in the food service industry became extremely challenging due to requests to shorten business hours and restrictions on serving alcoholic beverages.」
In addition to the previous weakness in demand and rising costs, requests to shorten business hours and restrictions on serving alcoholic beverages are cited as factors contributing to the challenging operating environment in the food service industry. The rise in costs and operating expenses is described as part of the actual operating environment. - FY2021-Q3WorsenedAnnual report
「In the food service industry, customer traffic had begun to recover temporarily from October as a result of the government's Go To Eat campaign. However, the operating environment became extremely challenging due to requests from local authorities to repeatedly shorten business hours, calls for people to refrain from going out to prevent the spread of COVID-19, and the disappearance of inbound demand.」
With calls for people to refrain from going out, repeated requests from local authorities to shorten business hours, and the disappearance of inbound demand, the challenging environment surrounding demand for eating out has become increasingly pronounced. - FY2021-Q2WorsenedAnnual report
「The food-service industry is also experiencing a very challenging and uncertain operating environment due to a sharp decline in demand for eating out associated with COVID-19 and signs of a second wave of infections emerging from July onward.」
In addition to the sharp decline in demand for eating out, signs of a second wave have emerged since July, further worsening the operating environment. - FY2020WorsenedAnnual report
「The industry continues to face an extremely challenging operating environment due to higher food-ingredient prices, rising labour costs aimed at securing human resources, consumers' persistent preference for economy, and a rapid deterioration in consumer sentiment caused by the spread of COVID-19.」
In addition to higher food-ingredient prices, rising labour costs and consumers' preference for economy, the company newly identified a rapid deterioration in consumer sentiment caused by the spread of COVID-19. These effects were also reflected in the decline in revenue and profit for the fiscal year. - FY2020-Q3WorsenedAnnual report
「The industry continues to face a challenging operating environment due to higher food-ingredient prices, rising labour costs aimed at securing human resources, consumers' persistent preference for economy, and concerns about the impact of the consumption tax increase on consumer sentiment.」
In addition to higher food-ingredient prices, rising labour costs and consumers' preference for economy, the company newly identified concerns about the impact of the consumption tax increase on consumer sentiment, broadening the factors contributing to the challenging environment. - FY2020-Q2MaterialisedAnnual report
「As a result, for the second quarter of the fiscal year, the Group reported revenue of ¥16,124 million, up 1.2% year on year. In terms of profit, operating profit was ¥1,207 million, down 20.7% year on year, ordinary profit was ¥1,236 million, down 20.8%, and net profit attributable to owners of the parent was ¥775 million, down 23.3%, due to the rise in domestic beef prices and increases in selling, general and administrative expenses, including labour-related costs.」
The rise in domestic beef prices and increases in labour-related costs and other expenses actually reduced profit, resulting in year-on-year declines in operating profit, ordinary profit and net profit. - FY2020-Q1RestatedAnnual report
「The industry continues to face an extremely challenging operating environment due to consumers' strong preference for economy, intensifying competition across business formats, rising labour costs and soaring raw-material prices.」
The challenging environment caused by consumers' preference for economy, rising labour costs and soaring raw-material prices continues. - FY2019RestatedAnnual report
「The industry continues to face a challenging operating environment due to consumers' strong preference for economy, higher food-ingredient prices and rising labour costs amid tight labour supply and demand.」
The challenging operating environment caused by consumers' preference for economy, higher food-ingredient prices and rising labour costs continues. - FY2019-Q3WorsenedAnnual report
「The industry continues to face a challenging operating environment due to consumers' strong preference for economy, rising food-ingredient prices and higher labour costs amid tight labour supply and demand.」
In addition to consumers' longstanding preference for economy and rising labour costs, the company explicitly cited a tendency toward higher food-ingredient prices, indicating broader cost pressures. - FY2019-Q2RestatedAnnual report
「The industry continues to face a challenging operating environment due to consumers' strong preference for economy and rising labour costs amid tight labour supply and demand.」
The challenging operating environment caused by consumers' preference for economy and rising labour costs amid tight labour supply and demand continues. - FY2019-Q1RestatedAnnual report
「The industry continues to face an extremely challenging operating environment due to consumers' strong preference for economy and rising labour costs, mainly because of labour shortages.」
The challenging operating environment caused by consumers' preference for economy and rising labour costs against a backdrop of labour shortages continues. - FY2018RestatedAnnual report
「The industry continues to face an extremely challenging operating environment due to consumers' strong preference for economy and rising labour costs, mainly because of labour shortages.」
The challenging environment caused by consumers' preference for economy and rising labour costs against a backdrop of labour shortages continues. - FY2018-Q3RestatedAnnual report
「The industry continues to face an extremely challenging operating environment due to rising labour costs, mainly because of labour shortages, and consumers' strong preference for economy.」
The challenging operating environment caused by rising labour costs and consumers' strong preference for economy continues. - FY2018-Q2RestatedAnnual report
「The industry continues to face an extremely challenging operating environment due to rising labour costs, mainly because of labour shortages, and consumers' strong preference for economy.」
The challenging operating environment caused by rising labour costs and consumers' preference for economy continues, as it did in the previous quarter. - FY2018-Q1SoftenedAnnual report
「The industry continues to face an extremely challenging operating environment due to rising labour costs, mainly because of labour shortages, and consumers' strong preference for economy.」
Rising labour costs and consumers' preference for economy continue, while the previously cited risk of high domestic beef prices has been removed from the current description of the operating environment, and the performance analysis states that raw-material costs declined as domestic beef prices fell. - FY2017RestatedAnnual report
「The industry continues to face a challenging operating environment due to rising labour-related costs, mainly because of labour shortages, and consumers' strong preference for economy.」
The company continues to describe a challenging environment caused by rising labour-related costs and consumers' preference for economy. - FY2017-Q3RestatedAnnual report
「The industry continues to face a challenging operating environment, as domestic beef prices remain high, labour-related costs rise mainly because of labour shortages, and consumers maintain a strong preference for economy.」
The challenging environment caused by high domestic beef prices, rising labour-related costs and consumers' preference for economy continues. - FY2017-Q2MaterialisedAnnual report
「The industry continues to face a challenging operating environment, as domestic beef prices remain high, labour-related costs rise mainly because of labour shortages, and consumers' preference for economy strengthens amid uncertainty over the economic outlook.」
Domestic beef prices remain high and labour-related costs continue to rise, with the risk factors identified previously continuing to manifest themselves in the operating environment. - FY2017-Q1RestatedAnnual report
「The industry continues to face a challenging operating environment, as domestic beef prices remain high, labour-related costs rise mainly because of labour shortages, and consumer sentiment declines amid uncertainty over the economic outlook.」
The company continues to cite domestic beef prices, labour-related costs and consumer sentiment as factors behind the challenging environment. - FY2016First statedAnnual report
「The industry continues to face an extremely challenging operating environment due to higher raw-material prices, rising labour costs caused by tight labour supply and demand, and consumers' preference for economy driven by the pain of higher taxes.」
The company describes rising raw-material and labour costs and consumers' preference for economy as factors in the already ongoing challenging operating environment.