Challenging dining-out demand conditions due to sluggish personal consumption
First written in FY2017-Q3. 13 of 31 entries say "Restated". Latest entry: FY2027-H1.
Karula moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 33 of 49 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the food service industry, the market is steadily expanding against a backdrop of firm inbound demand and a growing preference for dining out.」
The company continues to recognize a recovery in demand, with the food service market expanding against a backdrop of inbound demand and a growing preference for dining out. - FY2026-H1RestatedAnnual report
「In the food service industry, sales have remained firm against the backdrop of a recovery in tourism demand and consumers' increasing preference for eating out.」
The company indicates a recovery in demand for eating out and sales driven by a recovery in tourism demand and consumers' increasing preference for eating out. - FY2025-H1RestatedAnnual report
「Domestic consumption has recovered and economic activity has increased, supported by stronger inbound demand and a recovery in private consumption.」
The company continues to indicate a recovery in the demand environment for eating out, supported by a recovery in private consumption and stronger inbound demand. - FY2025-Q1RestatedAnnual report
「In the food service industry, domestic consumption has recovered and economic activity has increased, supported by expanding inbound demand and a recovery in private consumption.」
The company continues to indicate a recovery in demand for eating out supported by expanding inbound demand and a recovery in private consumption. Meanwhile, it also notes that the operating environment remains difficult because of rising costs. - FY2024-Q3RestatedAnnual report
「In the food service industry, foot traffic has increased as COVID-19 was reclassified as a Class 5 disease, and inbound demand has expanded since entry restrictions were eased, with sales following a recovery trend.」
The company continues to disclose a recovery trend in demand for eating out and sales resulting from increased foot traffic and expanding inbound demand. It also notes that the operating environment remains difficult because of rising costs. - FY2024-Q2MitigatedAnnual report
「In the food service industry, customer numbers have recovered steadily and inbound demand has expanded since various restrictions related to COVID-19 were eased, and sales are beginning to show signs of recovery, although」
The company identifies the steady recovery in customer numbers and expansion of inbound demand after restrictions related to the pandemic were eased as positive factors. Meanwhile, it explains that the operating environment for the food service industry remains difficult because of rising costs. - FY2024-Q1Customer numbers recovering amid difficult demand conditionsAnnual report
「In the food-service industry, although customer traffic has gradually begun to recover as resistance to dining in stores has eased following the easing of restrictions associated with COVID-19 and the downgrading of its classification under the Infectious Diseases Control Law, the operating environment remains challenging due to soaring raw material and utility costs, and higher labor and recruitment costs caused by labor shortages.」
The company explains that resistance to dining in restaurants has eased as activity restrictions ended and COVID-19 was reclassified as a Class 5 disease, indicating a recovery in customer numbers, while the difficult environment continues because of rising costs and labor shortages. - FY2023A recovery trend coexisting with difficult demand conditionsAnnual report
「In the food service industry, the easing of activity restrictions following the lifting of the priority preventive measures in March 2022 led to a gradual recovery in consumer-related businesses, supported by the expansion of travel assistance programs and the recovery in inbound demand. However, the difficult operating environment continues because of soaring energy and raw material prices resulting from geopolitical risks, including the prolonged situation in Ukraine, and the yen's depreciation.」
The company identifies improvements from the easing of activity restrictions, travel assistance programs, and the recovery in inbound demand, while explaining that difficulties continue because of geopolitical risks, the yen's depreciation, and soaring energy and raw material prices. - FY2023-Q3WorsenedAnnual report
「In the food service industry, a gradual recovery followed the easing of activity restrictions after the priority preventive measures were lifted in March. However, foot traffic and private consumption weakened again with the arrival of the seventh wave from July and the eighth wave from November. In addition, the reduction in various cooperation payments because the government did not issue activity restrictions, together with soaring energy and raw material prices resulting from geopolitical risks and the yen's depreciation, means that the difficult operating environment continues.」
The company describes a shift from a recovery after activity restrictions were eased to renewed weakness in foot traffic and private consumption caused by the seventh and eighth waves, and also cites reduced cooperation payments and the yen's depreciation and soaring raw material prices. - FY2023-Q2Renewed downturn caused by the seventh wave after the recoveryAnnual report
「Although activity restrictions were eased for the first time in 3 years during the Golden Week and other extended holidays after the priority preventive measures were lifted on 21 March, the arrival of the seventh wave from July caused foot traffic and private consumption to weaken again」
The company acknowledges a gradual recovery in demand for eating out after activity restrictions were eased, but explains that foot traffic and private consumption weakened again with the arrival of the seventh wave. - FY2023-Q1Recovery trend coexisting with a challenging environmentAnnual report
「Although the food service industry showed signs of a gradual recovery after the priority preventive measures were lifted on 21 March, the difficult operating environment continues because of soaring energy and raw material prices resulting from geopolitical risks and the yen's depreciation.」
The company explains that demand for eating out showed a gradual recovery after the priority preventive measures were lifted, while the difficult environment continues because of geopolitical risks, yen depreciation, and soaring energy and raw material prices. - FY2022WorsenedAnnual report
「In the food service industry, the operating environment temporarily began to recover after the Delta variant subsided in autumn 2021 and restrictions on activities were lifted. However, the highly transmissible Omicron variant spread rapidly from early 2022, resulting in a renewed difficult operating environment because of government restrictions on operating hours and the serving of alcoholic beverages.」
The environment surrounding demand for eating out shifted from a temporary recovery following the lifting of activity restrictions to renewed difficulty caused by the spread of the Omicron variant and restrictions on operating hours and the serving of alcoholic beverages. - FY2022-Q3Difficult demand conditions for eating out continue after the state of emergency was liftedAnnual report
「Although the government lifted the state of emergency at the end of September, the food service industry continues to face an extremely difficult operating environment because of the impact of repeated requests from the government and local authorities over an extended period to close or reduce operating hours to prevent infections.」
Although the state of emergency was lifted, the company explains that the difficult environment for the food service industry continues because of the impact of requests for extended closures and reduced operating hours. - FY2022-Q2RestatedAnnual report
「The food service industry has also been significantly affected, as businesses have been forced to close or reduce operating hours in response to government requests to prevent the spread of infections, while customer numbers have fallen because of measures to ensure social distancing.」
The difficult environment surrounding demand for eating out continues because of closures and reduced operating hours in response to government requests, as well as declining customer numbers resulting from measures to ensure social distancing. - FY2022-Q1RestatedAnnual report
「The food service industry has also been significantly affected, as businesses have been forced to close or reduce operating hours in response to government requests to prevent the spread of infections, while customer numbers have fallen because of measures to ensure social distancing.」
The difficult environment surrounding demand for eating out continues because of closures and reduced operating hours in response to government requests, as well as declining customer numbers resulting from measures to ensure social distancing. - FY2021WorsenedAnnual report
「Although the difficult operating environment continues amid a heightened consumer focus on protecting household finances and conserving spending, as well as requests to refrain from going out because of the impact of COVID-19」
In addition to the previous concerns about weak private consumption, a heightened focus on protecting household finances and conserving spending, together with requests to refrain from going out because of the pandemic, has further worsened the demand environment. - FY2021-Q3WorsenedAnnual report
「As a result, although customer numbers gradually recovered in September and October, they began to decline again because of the third wave of infections from November, and net sales fell significantly below the same period of the previous year.」
The recovery in customer numbers in September and October reversed as the third wave of infections from November caused customer numbers to decline again, and the company explains that net sales fell significantly below the same period of the previous year. - FY2021-Q2WorsenedAnnual report
「In the food service industry, businesses have been forced to close or reduce operating hours to prevent the spread of COVID-19. In addition, reductions in seating capacity to ensure social distancing, together with competition from the prepared-food sector, which is centered on takeout, have resulted in an extremely difficult operating environment.」
In addition to the previous concerns about weak private consumption and demand for eating out, temporary closures, reduced operating hours, and reductions in seating capacity have actually occurred, and the company describes the environment surrounding demand for eating out as "extremely difficult." - FY2021-Q1WorsenedAnnual report
「In the food service industry, the operating environment remains extremely difficult because of requests to refrain from going out to prevent the spread of COVID-19, as well as temporary closures and reduced operating hours resulting from those requests.」
In addition to the previous concerns about weak private consumption and demand for eating out, requests to refrain from going out, temporary closures, and reduced operating hours have made the demand environment for eating out extremely difficult. - FY2020-Q1RestatedAnnual report
「Although the economy has continued to expand moderately, supported by improving corporate earnings and a recovery in private consumption against the backdrop of improvements in employment and income conditions」
The company discloses this in the context of the continued difficult environment surrounding the food service industry, while identifying corporate earnings, employment and income conditions, and a recovery in private consumption as positive factors. - FY2019Uncertainty from the consumption tax hikeAnnual report
「In Japan, private consumption is expected to remain uncertain as a result of the consumption tax hike scheduled for October.」
Regarding the demand environment surrounding private consumption, the company identifies the planned consumption tax hike, as well as consumer sentiment, as a source of uncertainty. - FY2019-Q3RestatedAnnual report
「During the nine-month consolidated period under review, the Japanese economy continued to follow a moderate expansionary trend, supported by improving corporate earnings and improvements in employment and income conditions, although」
While acknowledging improvements in corporate earnings, employment and income conditions, and the economy, the company continues to identify positive factors in the environment surrounding demand for eating out. - FY2019-Q2RestatedAnnual report
「Although the economy has continued to follow a moderate expansionary trend, supported by improving corporate earnings and a recovery in private consumption against the backdrop of improvements in employment and income conditions」
The company continues to identify the recovery in private consumption as a positive factor, but explains that the operating environment for the food service industry remains difficult. - FY2019-Q1MitigatedAnnual report
「Although the economy has continued to expand moderately, supported by improving corporate earnings and a recovery in private consumption against the backdrop of improvements in employment and income conditions」
Against the backdrop of corporate earnings, employment and income conditions, and a recovery in private consumption, the company identifies positive factors addressing the previous weakness in private consumption. However, it explains that the operating environment for the food service industry remains difficult. - FY2018WorsenedAnnual report
「Against the backdrop of recent global economic uncertainty, consumers have become increasingly inclined to refrain from eating out because of concerns about the future and weak private consumption, and the difficult operating environment is expected to continue.」
The company has returned from the wording used through the previous quarter, which indicated a recovery in consumer sentiment, to recognizing that weak private consumption and the tendency to refrain from eating out have become increasingly pronounced. - FY2018-Q3RestatedAnnual report
「Although consumer sentiment is showing signs of recovery」
The company continues to identify the recovery in consumer sentiment as a positive factor, but explains that the operating environment for the food service industry remains difficult. - FY2018-Q1MitigatedAnnual report
「Although consumer sentiment is showing signs of recovery」
Against the weakness in private consumption reported in the previous fiscal year, the company identifies the recovery in consumer sentiment as a positive factor. However, it explains that the operating environment for the food service industry remains difficult. - FY2017WorsenedAnnual report
「As consumers increasingly refrain from eating out because of concerns about the future and weak private consumption, the difficult operating environment is expected to continue.」
The company recognizes that, in addition to weak private consumption, consumers have become increasingly inclined to refrain from eating out. - FY2017-Q3First statedAnnual report
「Private consumption remains sluggish」
The continued weakness in private consumption is identified for the first time as a demand-side risk surrounding the food service industry.