Higher Labor Costs Due to Labor Shortages
First written in FY2016. 10 of 18 entries say "Worsened", first in FY2017. Latest entry: FY2027-H1.
Eat&Holdings moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 41 of 48 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Concern that the labor shortage in the foodservice industry will accelerate following the suspension of accepting foreign workers under the Specified Skilled Worker program」
It newly states that labor shortages in the Food Service industry may accelerate following the suspension of accepting foreign workers with specified skilled-worker status. - 2026-07-14WorsenedEarnings
「Concern that the labor shortage in the foodservice industry will accelerate following the suspension of accepting foreign workers under the Specified Skilled Worker program」
The disclosure newly identifies the suspension of accepting foreign workers under the Specified Skilled Worker program as a specific factor that could accelerate the labor shortage. - FY2026RestatedAnnual report
「During the current consolidated fiscal year, the Japanese economy was on a gradual recovery trend as personal consumption and capital investment increased. In the 2025 spring wage negotiations, wages were raised proactively in response to labor shortages and rising prices, with the wage increase rate reaching the low 5% range.」
The labor cost environment, in which labor shortages coexist with wage increases, continues to be cited as a factor affecting the operating environment. - FY2025RestatedAnnual report
「During the current consolidated fiscal year, the Japanese economy was gradually recovering, as the income environment improved owing to higher wage growth in the 2024 spring wage negotiations and the minimum wage increase decided in October 2024, against a backdrop of expanding inbound demand and other factors.」
The labor cost environment, including wage increases and higher minimum wages and labor costs, continues to be cited as a factor affecting the operating environment. - FY2024WorsenedAnnual report
「Regarding the operating environment surrounding our group in fiscal 2024, the economic impact of heightened tensions over the Russia-Ukraine situation and the situation in the Middle East was substantial. In Japan, a challenging operating environment is also expected to continue, owing to factors including the logistics industry’s 2024 problem and labor shortages despite progress in wage increases.」
Labor shortages are cited as an environmental factor occurring alongside the logistics industry’s 2024 problem and wage increases. - FY2023RestatedAnnual report
「In the food service market, a challenging operating environment has continued because of chronic labor shortages resulting from the COVID-19 pandemic, higher raw material prices and higher resource prices.」
It again identifies chronic labor shortages resulting from the COVID-19 pandemic and higher raw material and resource prices as factors contributing to the challenging environment in the food service market. - FY2023-Q3WorsenedAnnual report
「In the food service market, a challenging operating environment has continued because of chronic labor shortages resulting from the COVID-19 pandemic, higher raw material prices and higher resource prices.」
It explicitly describes the labor shortages resulting from the COVID-19 pandemic as chronic and identifies them as a factor contributing to the challenging environment in the food service market. - FY2020-Q4RestatedAnnual report
「In the food industry, the situation in which higher raw-material prices, logistics costs and labor costs put downward pressure on the earnings of industry companies continues.」
It states that cost pressures, including rising labor costs, are continuing. - FY2020-Q2MaterialisedAnnual report
「Meanwhile, the number of Osaka Ohsho restaurants has struggled to grow because of various factors, including a shortage of personnel. The company is working to improve the situation by developing more attractive restaurant models with stronger customer appeal.」
It describes the actual impact on store expansion, with the number of Osaka Ohsho restaurants struggling to grow because of personnel shortages and other factors. - FY2019RestatedAnnual report
「In the food industry, sales of winter foods for hot pots and similar uses were sluggish, while the food service industry remained solid across all business formats because of warm weather. However, the outlook remains uncertain because of labor shortages and higher raw material and labor costs.」
Labor shortages and rising labor costs, together with higher raw material prices, continue to be cited as factors contributing to uncertainty about the outlook. - FY2019-Q4WorsenedAnnual report
「In the food industry, sales of winter foods for home hot pots and similar uses got off to a slow start, while sales in the food service industry remained solid, supported by favorable weather and strong customer traffic. However, the outlook remains uncertain because of labor shortages and higher raw material and labor costs.」
In addition to labor shortages, higher raw material and labor costs continue to be specifically cited as factors contributing to uncertainty about the outlook. - FY2019-Q2WorsenedAnnual report
「In order to respond to labor market conditions in Japan, where labor supply and demand are expected to become even tighter going forward」
It states that labor shortages are expected to become even more severe going forward, reinforcing the outlook for the previously identified risks of rising labor costs and securing personnel. - FY2018WorsenedAnnual report
「In the food industry, price increases have occurred one after another because of higher raw material prices, rising logistics costs and higher labor costs resulting from labor shortages.」
The document states that labor shortages have led to rising labor costs and successive price increases, making the previously identified labor shortage risk more concrete in terms of costs. - FY2018-Q4RestatedAnnual report
「In the food industry, the importance of improving operating efficiency has increased further as companies continue to face higher raw-material prices and logistics costs, as well as labor shortages」
Labor shortages are cited as a factor requiring continued improvements in operating efficiency. - FY2018-Q3WorsenedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, labor shortages continued to be a major constraint on growth across industries in Japan, while unfavorable weather in eastern Japan slowed sales of summer merchandise.」
It states that labor shortages continued to be a major constraint on growth across industries. - FY2018-Q2WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the Japanese economy saw a strong performance in the stock market as overseas economic prospects showed many positive signs. However, uncertainty about the outlook intensified because of the yen’s appreciation, while labor shortages became a constraint across industries.」
In addition to the previously intensifying labor shortage, the document states that labor shortages became a constraint across industries this time, increasing personnel costs and the burden of capital investment. - FY2017WorsenedAnnual report
「However, while raw material prices continued to rise because of the Kumamoto Earthquake and unfavorable weather, and the sense of labor shortages intensified, real wages grew only marginally and the economy remained broadly lackluster.」
The document states that the sense of labor shortages intensified, indicating a deterioration in the external environment surrounding the previously identified risks of labor shortages and rising labor costs. - FY2016First statedAnnual report
「In the food service industry, labor costs continued to rise because of labor shortages, while the entry into Japan of popular overseas brands was also observed in a number of business formats.」
Labor shortages and rising labor costs are cited as external conditions affecting the food service industry.