Soaring Food Ingredient Prices and Intensifying Competition to Secure Personnel
First written in FY2017-Q1. 18 of 33 entries say "Restated". Latest entry: 2026-10-15.
Y's table moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 41 of 48 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- 2026-10-15RestatedFinancial results
「深刻な人材不足も継続しており、事業環境は引き続き厳しい状況にあります。」
人材不足が深刻な状態で継続していると再確認された。 - FY2027-H1WorsenedAnnual report
「In the food service industry, business remained solid in March, supported by seasonal and tourism-related demand. However, from April onward, fuel and raw material prices rose due in part to the situation in the Middle East, while from June onward, corporate demand and consumer sentiment declined as damage from natural disasters, including typhoons, record rainfall and earthquakes, occurred successively across Japan. Severe labor shortages also continued, leaving the business environment challenging.」
The increase in fuel and raw material prices and the decline in corporate demand and consumer sentiment resulting from natural disasters such as typhoons, heavy rain and earthquakes were specified, while the labor shortage was described as “severe.” - FY2026-H1RestatedAnnual report
「However, in addition to continued personnel shortages and rising prices, inbound demand, which had driven the recovery, also grew at a slower pace in the latter half of the current interim consolidated accounting period, and the business environment remains challenging.」
Reconfirms the challenging environment for the restaurant business as personnel shortages and rising prices continue and the growth in inbound demand slows. - FY2025RestatedAnnual report
「Personnel shortages and soaring food costs, among other factors, remain severe, and the challenging business environment continues.」
Reconfirms, for the full fiscal year following the previous interim period, that personnel shortages and soaring food costs remain severe. - FY2025-H1WorsenedAnnual report
「In the restaurant industry, the business has been on a recovery trend due to increased consumer demand for eating out as economic activity normalized and inbound demand, but it was also affected by the extreme heat that continued from the previous year and disruptions to economic activity caused by typhoons, torrential rain, and other factors. Personnel shortages and soaring food costs, among other factors, have also intensified, and the challenging business environment continues.」
While demand for eating out is recovering, personnel shortages and soaring food costs, among other factors, are described as severe, and disruptions to economic activity caused by extreme heat, typhoons, and torrential rain have compounded the continuing challenging business environment. - FY2025-Q1WorsenedAnnual report
「Meanwhile, labour shortages and soaring food-material and other costs have become increasingly severe, and the business environment remains challenging.」
Describes personnel shortages and soaring food costs as making the situation more challenging than before. - FY2024WorsenedAnnual report
「While personnel shortages and soaring costs across the restaurant industry have intensified, circumstances presenting opportunities for the Company's business have also emerged, including growing consumer acceptance of price increases and rising inbound demand.」
Describes personnel shortages and soaring costs as having intensified, indicating that the previously challenging environment has continued and worsened. It also cites consumer acceptance of price increases and inbound demand as opportunities. - FY2024-Q3WorsenedAnnual report
「In the restaurant industry, although consumer demand for eating out had been recovering as economic activity normalized, a slowdown was also seen from July to August 2023 due to the extreme heat and the spread of COVID-19 infections. Labor shortages and soaring food costs, among other factors, also continue, and the business environment remains challenging. / However, partly due to soaring costs of various kinds and higher costs associated with securing personnel, some stores have been slow to recover their profitability. As a result of recording impairment losses on the assets of those stores, the Company recorded a quarterly net loss attributable to owners of the parent for the nine-month period of the current fiscal year.」
States that labor shortages, soaring food costs, and higher costs to secure personnel delayed the recovery of profitability at some stores and led to impairment losses and a quarterly net loss. - FY2024-Q2RestatedAnnual report
「Labor shortages and soaring food costs, among other factors, continue, and the business environment remains challenging.」
Reconfirms that labor shortages and soaring food costs continue to make the operating environment for the restaurant business challenging. - FY2024-Q1RestatedAnnual report
「In the restaurant industry, demand for eating out recovered as economic activity normalized, while inbound demand also remained firm and the number of visitors increased. Meanwhile, labor shortages and soaring food costs, among other factors, continue, and the business environment remains challenging.」
States that demand for eating out and the number of visitors recovered, while labor shortages and soaring food costs continue and the challenging business environment persists. - FY2023WorsenedAnnual report
「In the restaurant industry, although COVID-19 infections spread in July and August 2022, they gradually subsided from September onward. Japan largely lifted its entry restrictions in October 2022, and in March 2023 made mask-wearing a matter of individual choice, so the impact of COVID-19 has been easing. Meanwhile, labor shortages and soaring food costs, among other factors, have intensified, and the challenging business environment continues.」
States that the impact of the pandemic has eased while labor shortages and soaring food costs have intensified. It also explicitly identifies increases in ingredient prices and electricity charges as a burden on store performance. - FY2023-Q3RestatedAnnual report
「Meanwhile, the challenging business environment continues, including worsening labor shortages and soaring food and utility costs.」
Continues to describe the challenging business environment resulting from worsening labor shortages and soaring food and utility costs. These cost and personnel-related risks are occurring in the actual business environment. - FY2023-Q2WorsenedAnnual report
「In the restaurant industry, although requests to restrict operations were lifted and signs of a recovery in the number of visitors had begun to emerge, a challenging competitive environment continues due to stagnation in consumer activity resulting from the resurgence of COVID-19 infections, rising prices, and worsening labor shortages. / In addition, as the future impact of COVID-19 on the restaurant industry remains uncertain, and the environment surrounding the Company remains difficult to forecast due to increasing instability in the international situation, the yen's depreciation, and soaring store operating costs such as food and electricity costs,」
Explicitly states that store operating costs, including food and electricity costs, have risen in addition to worsening labor shortages, indicating that the cost and personnel environment for the restaurant business has become more challenging. - FY2022WorsenedAnnual report
「Food commodity markets have been significantly affected by lower agricultural production and disruptions to logistics resulting from the spread of COVID-19 and changes in the international situation.」
States that lower agricultural production and logistics disruptions, against the backdrop of COVID-19 and the international situation, affected food commodity markets. It also explains that securing personnel has become more difficult than ever as people have tended to avoid the restaurant industry. - FY2022-Q3WorsenedAnnual report
「In the restaurant industry, requests from local governments to suspend operations, shorten operating hours, and stop or restrict the serving of alcoholic beverages ended during October, but the recovery in customer traffic remains gradual. Labor shortages have also emerged as many restaurants resumed normal operations at the same time, and the challenging business environment continues.」
Newly states that labor shortages actually emerged as normal operations resumed after operating restrictions were lifted, and explains that the challenging business environment continues. - FY2021RestatedAnnual report
「Amid the continuing challenging business environment, throughout the fiscal year ending February 2021 we strengthened cost management at existing stores, focusing on food costs and labor costs, the principal costs.」
Reconfirms the longstanding issue of food and labor costs as the principal costs and describes the response to the risk of price increases as strengthened cost management at existing stores. - FY2020RestatedAnnual report
「The challenging business environment in the restaurant industry had continued due to rising raw material and logistics costs, rising personnel-related costs associated with labor shortages, and changes in consumption preferences and lifestyles. However, since the beginning of the year, a decline in inbound visitors and consumers' tendency to refrain from going out have become pronounced, seriously affecting demand for eating out.」
Reiterates the challenging environment arising from raw material and logistics costs, personnel-related costs, and changes in consumption preferences, while adding the impact of fewer inbound visitors and consumers refraining from going out on demand for eating out. - FY2020-Q3RestatedAnnual report
「In the restaurant industry, the challenging business environment continues due to rising raw material prices and logistics costs, continued increases in personnel-related costs, and changes in consumption preferences and lifestyles.」
Reiterates the same challenging business environment as in the previous quarter, citing rising raw material prices and logistics costs, personnel-related costs, and changes in consumption preferences and lifestyles. - FY2020-Q2RestatedAnnual report
「In the restaurant industry, the challenging business environment continues due to rising raw material prices and logistics costs, continued increases in personnel-related costs associated with labor shortages, and changes in consumption preferences and lifestyles.」
Continues to describe the challenging business environment, including raw material prices, logistics costs, and rising personnel-related costs associated with labor shortages. - FY2020-Q1WorsenedAnnual report
「In the restaurant industry, the challenging business environment continues due to rising raw material prices and logistics costs, rising personnel-related costs associated with labor shortages, and changes in consumption preferences and lifestyles.」
In addition to the previously cited increases in ingredient prices and personnel-related costs, explicitly states that raw material prices and logistics costs are rising and links this to labor shortages. - FY2019-Q3RestatedAnnual report
「In the restaurant industry, the operating environment is becoming increasingly challenging due to soaring ingredient prices, unfavorable weather, labor shortages, rising personnel-related costs, consumers' preference for saving, and changes in lifestyles.」
Reiterates the same challenging industry environment as in the previous quarter, citing ingredient prices, unfavorable weather, labor shortages, personnel-related costs, and consumers' preference for saving, among other factors. - FY2019-Q2WorsenedAnnual report
「In the restaurant industry, the operating environment is becoming increasingly challenging due to soaring ingredient prices, unfavorable weather, labor shortages, rising personnel-related costs, consumers' preference for saving, and changes in lifestyles.」
Adds unfavorable weather to the previously cited soaring ingredient prices, labor shortages, and rising personnel-related costs, and states that the industry environment is becoming increasingly challenging. - FY2019-Q1WorsenedAnnual report
「In the restaurant industry, the operating environment remains challenging due to soaring ingredient prices, intensifying competition to secure personnel, consumers' preference for saving, and changes in lifestyles. In addition to lower bridal sales at some XEX Group stores, the impact of company-wide increases in labor and other personnel-related costs resulted in revenue of ¥3,534 million, down 1.3% year on year, and operating profit of ¥26 million, down 68.9%.」
The increase in personnel-related costs emerged as a factor behind weaker results in the form of company-wide increases in labor and personnel-related costs, with the scope of the impact and its effect on performance explicitly stated. - FY2018RestatedAnnual report
「In the restaurant industry, the challenging operating environment continues due to soaring ingredient prices, labor shortages, rising personnel-related costs, consumers' preference for saving, and changes in lifestyles.」
Continues to describe the challenging industry environment arising from ingredient prices, labor shortages, personnel-related costs, and consumers' preference for saving, among other factors. - FY2018-Q3RestatedAnnual report
「In the restaurant industry, the operating environment is becoming increasingly challenging due to soaring ingredient prices, labor shortages, rising personnel-related costs, consumers' preference for saving, and changes in lifestyles.」
Continues to describe a challenging industry environment, including soaring ingredient prices, labor shortages, and rising personnel-related costs. - FY2018-Q2WorsenedAnnual report
「In the restaurant industry, the operating environment is becoming increasingly challenging due to soaring ingredient prices, labor shortages, rising personnel-related costs, consumers' preference for saving, and changes in lifestyles.」
Explicitly adds labor shortages and rising personnel-related costs to the previously cited soaring ingredient prices and competition to secure personnel, describing the industry environment as becoming increasingly challenging. - FY2018-Q1RestatedAnnual report
「In the restaurant industry, the operating environment remains challenging due to soaring ingredient prices, intensifying competition to secure personnel, and consumers' ongoing preference for saving.」
Continues to identify soaring ingredient prices and intensifying competition to secure personnel as factors contributing to the challenging environment in the restaurant industry. - FY2017RestatedAnnual report
「In the food service industry, a difficult operating environment continued because of surging food ingredient prices, intensifying competition to secure personnel, growing social concern about food safety and security, and the impact of consumers' preference for saving money.」
Food ingredient prices, competition to secure personnel and consumers' preference for saving money, among other factors, were reiterated as factors contributing to the difficult operating environment in the food service industry. - FY2017-Q3RestatedAnnual report
「In the food service industry, a difficult operating environment continued because of surging food ingredient prices, intensifying competition to secure personnel, growing social concern about food safety and security, and the impact of consumers' preference for saving money.」
The disclosure continues to identify surging food ingredient prices and intensifying competition to secure personnel as factors contributing to the difficult operating environment in the food service industry. - FY2017-Q2RestatedAnnual report
「In the food service industry, a difficult operating environment continued because of surging food ingredient prices, intensifying competition to secure personnel, growing social concern about food safety and security, and the impact of consumers' preference for saving money.」
The disclosure continues to identify surging food ingredient prices and intensifying competition to secure personnel as factors contributing to the difficult operating environment in the food service industry. - FY2017-Q1First statedAnnual report
「In the food service industry, a difficult operating environment continued because of surging food ingredient prices, intensifying competition to secure personnel, growing social concern about food safety and security, and the impact of consumers' preference for saving money.」
The disclosure identifies rising food ingredient costs and competition to secure personnel as factors contributing to the difficult operating environment in the food service industry.