Risk of Labor Shortages and Loss of Skilled Personnel
First written in FY2016. 17 of 28 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-08-07.
Shinobu Foods Products moved to the "Worse" side of this theme in 2016, 7 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 29 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- FY2026-H1RestatedAnnual report
「The business environment surrounding the Group remains challenging, owing to rising raw material prices and labor costs and consumers’ increasingly strong preference for saving.」
It continues to identify the ongoing rise in labor costs as cost pressure related to personnel shortages. - FY2025-H1RestatedAnnual report
「Rising raw material prices, higher labor costs, elevated energy prices and higher logistics costs continue, but」
The previously identified increase in labor costs related to personnel shortages continues, together with higher raw material, energy and logistics costs. - FY2024-Q3RestatedAnnual report
「In terms of costs, labor shortages continue to drive higher labor costs, while raw material and energy prices remain elevated, but」
It states that higher labor costs resulting from personnel shortages continue, and that the Group continues to respond by reviewing procurement methods, mechanization, expense reviews and other measures. - FY2024-Q2RestatedAnnual report
「In terms of costs, labor shortages continue to drive higher labor costs, while raw material and energy prices remain elevated, but」
It states that higher labor costs resulting from personnel shortages continue, and that the Group continues to respond by reviewing procurement methods, mechanization, expense reviews and other measures. - FY2024-Q1RestatedAnnual report
「In terms of costs, labor shortages continue to drive higher labor costs, while raw material and energy prices remain elevated, but」
It states that higher labor costs resulting from personnel shortages continue, and that the Group continues to respond through mechanization, expense reviews and other measures. - FY2023RestatedAnnual report
「More than 2,000 part-time workers are employed across the Group and play an important role in supporting the production of quality products,」
The Group continues to rely on more than 2,000 part-time workers and faces the risk of difficulty securing personnel amid the declining birthrate and aging population and the shrinking workforce. - FY2023-Q3RestatedAnnual report
「In terms of costs, labor costs have increased due to labor shortages, while raw-material and energy prices have continued to surge. To absorb these increases, we actively proposed new products in anticipation of higher raw-material prices and continued to review procurement methods for key ingredients.」
It states that higher labor costs resulting from personnel shortages continue, and that the Group continues to respond by reviewing procurement methods and taking other measures. - FY2023-Q2MaterialisedAnnual report
「In terms of costs, labor costs have increased due to labor shortages, while raw-material and energy prices have continued to surge. To absorb these increases, we actively proposed new products in anticipation of higher raw-material prices and continued to review procurement methods for key ingredients.」
It states that higher labor costs resulting from personnel shortages continue, and that the Group continues to respond by reviewing procurement methods and taking other measures. - FY2023-Q1RestatedAnnual report
「In terms of costs, labor shortages continue to drive higher labor costs, while raw material and fuel prices remain elevated, but」
It states that higher labor costs resulting from personnel shortages continue, and that the Group continues to respond through mechanization, expense reviews and other measures. quantified is false, and materialized is true. - FY2022-Q3MaterialisedAnnual report
「Although labor costs increased due to staff shortages and raw material prices, including those of oils and meat, rose, in order to absorb these increases we continued to review procurement methods for key food ingredients through the procurement department, reduce the number of prepared and processed food items, improve quality and productivity through mechanization, and conduct cross-functional reviews of manufacturing expenses across plants.」
It states that personnel shortages led to higher labor costs during the cumulative third-quarter period as well. The Group continues to respond through mechanization and expense reviews. - FY2020-Q3MaterialisedAnnual report
「We also worked to reduce the workforce required through active capital investment to address higher labour costs caused by staff shortages.」
Personnel shortages led to higher labor costs during the cumulative third-quarter period as well, and the Group proceeded with labor-saving measures in response. - FY2020-Q2MaterialisedAnnual report
「In terms of costs, prices for milled rice and other items have remained high, but we worked to reduce costs by reviewing the Purchasing Department's procurement methods for meat, vegetables and other items. In response to higher labor costs caused by labor shortages, we also pursued labor-saving measures through proactive capital investment.」
Personnel shortages led to higher labor costs during the cumulative second-quarter period as well, and the Group proceeded with labor-saving measures in response. - FY2020-Q1MaterialisedAnnual report
「To address higher labour costs caused by staff shortages, we worked to reduce the workforce required through active mechanisation and other measures.」
Personnel shortages led to higher labor costs during the first quarter as well. - FY2019WorsenedAnnual report
「More than 2,000 part-time and temporary workers are employed across the Group and play an important role in supporting the production of quality products. Securing personnel will become extremely important amid the declining birthrate and aging population and the shrinking workforce. If securing personnel does not progress as planned owing to intensifying competition for personnel, particularly at manufacturing sites, or if working conditions and other aspects of the labor environment change in response to amendments to laws and regulations, including increases in the minimum wage, this could affect the Group’s operating results and financial position.」
It identifies the Group’s reliance on more than 2,000 part-time and temporary workers and adds changes in working conditions resulting from responses to legal and regulatory amendments, including minimum-wage increases, as a risk factor alongside competition for personnel. The performance analysis also notes higher labor costs due to personnel shortages. - FY2019-Q3MaterialisedAnnual report
「Although we faced higher labour costs caused by staff shortages, we worked to consolidate product items and reduce the workforce required through active capital investment.」
Personnel shortages led to higher labor costs during the cumulative third-quarter period as well. - FY2019-Q2MaterialisedAnnual report
「Although we faced higher labour costs caused by staff shortages, we worked to consolidate product items and reduce the workforce required through active capital investment.」
Personnel shortages led to higher labor costs during the cumulative second-quarter period as well. - FY2019-Q1MaterialisedAnnual report
「We also promoted workforce reduction through active capital investment, but faced higher labour costs caused by staff shortages and lower productivity due to the manufacture of new categories following the transfer of product items.」
Personnel shortages led to higher labor costs. - FY2018MaterialisedAnnual report
「This was mainly due to higher prices for raw materials such as milled rice, chicken and nori, as well as higher labor costs resulting from personnel shortages, but」
Personnel shortages led to higher labor costs during the current period as well. The risk discussion explicitly notes the Group’s reliance on more than 2,000 part-time and temporary workers and the importance of securing personnel going forward. - FY2018-Q3MaterialisedAnnual report
「In terms of costs, there were increases in the prices of raw materials such as milled rice, chicken, nori and vegetables, as well as higher labor costs resulting from labor shortages, but」
Personnel shortages continued to drive higher labor costs during the cumulative third-quarter period. It also presented measures to contain the impact through labor-saving initiatives and stronger labor management. - FY2018-Q2MaterialisedAnnual report
「In terms of costs, there were increases in the prices of raw materials such as milled rice, chicken and nori, as well as higher labor costs resulting from labor shortages, but」
It states that personnel shortages led to higher labor costs during the second quarter as well. - FY2018-Q1MaterialisedAnnual report
「In terms of costs, there were increases in the prices of raw materials such as milled rice and nori, as well as higher labor costs resulting from labor shortages, but」
It states that personnel shortages led to higher labor costs during the first quarter as well. It also presented measures to contain the impact through labor-saving initiatives and stronger labor management. - FY2017MaterialisedAnnual report
「There were increases in the prices of raw materials such as milled rice and nori, as well as a decline in productivity caused by labor shortages.」
It states that productivity deteriorated owing to personnel shortages during the current period as well. At the same time, it is developing a manager system and training programs. - FY2017-Q3MaterialisedAnnual report
「In terms of costs, we actively pursued initiatives to contain cost increases, including integrating similar ingredients, reducing waste, and reducing the workforce required through capital investment. However, we faced higher prices for raw materials such as rice and nori, as well as lower productivity caused by labour shortages.」
It states that productivity deteriorated owing to labor shortages during the cumulative third-quarter period as well. - FY2017-Q2MaterialisedAnnual report
「In terms of costs, we actively pursued initiatives to contain cost increases, including integrating similar ingredients, reducing waste, and reducing the workforce required through capital investment. However, we faced higher prices for raw materials such as rice and nori, as well as lower productivity caused by labour shortages.」
It states that productivity deteriorated owing to labor shortages during the current quarter as well. - FY2017-Q1MaterialisedAnnual report
「In terms of costs, we faced higher prices for raw materials such as rice and nori, as well as lower productivity caused by labour shortages. However, we actively pursued initiatives to contain cost increases, including integrating similar ingredients, reducing waste, and reducing the workforce required through capital investment.」
Productivity deteriorated owing to labor shortages during the current quarter as well. It also describes measures to contain the impact through integration, loss reduction and labor-saving initiatives. - FY2016First statedAnnual report
「If securing personnel does not progress as planned owing to the declining birthrate and aging population, a shrinking workforce and intensifying competition for personnel, or if highly skilled personnel leave the Group, this could affect the Group’s operating results and financial position.」
The performance discussion states that productivity has already deteriorated owing to personnel shortages, indicating that part of the related risk has materialized.