Labor Shortages and Rising Labor Costs
First written in FY2017-Q1. 13 of 26 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2027-H1.
Warabeya Nichiyo Holdings moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2022: 8 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「Operating profit was ¥3.969 billion, down ¥1.320 billion, or 25.0%, due to higher raw material prices and labor costs in the food-related business, as well as the impact of the suspension of operations at the Sapporo Plant.」
Higher labor costs emerged in actual results as a factor pushing down operating profit in the food-related business, with operating profit down 25.0% year on year. - FY2026RestatedAnnual report
「In the food industry, as price increases for products continue amid rising raw material prices, labor costs, and logistics costs, consumers are becoming more inclined to economize due to concerns about the outlook, and difficult conditions continue.」
The company identifies rising labor costs, together with higher raw material and logistics costs, product price increases and consumers' inclination to economize, as factors contributing to the continued challenging business environment. - FY2026-H1RestatedAnnual report
「In the food industry, as price increases for products continue amid rising raw material prices, labor costs, and logistics costs, consumers are becoming more inclined to economize due to concerns about the outlook, and difficult conditions continue.」
The company continues to identify rising labor costs, together with higher raw material and logistics costs and continued product price increases, as factors contributing to the challenging business environment. - FY2025-H1MaterialisedAnnual report
「Operating profit was ¥388 million, down ¥31 million, or 7.4%, year on year, as the company was unable to fully pass on the increase in labor costs, in addition to the impact of lower revenue.」
Rising labor costs were reflected in the results as a 7.4% decline in operating profit in the logistics-related business because the increase could not be fully passed on through pricing. - FY2024-Q2RestatedAnnual report
「Although each segment was affected by higher raw material prices and labor costs, operating profit was ¥4.491 billion, up ¥1.115 billion, or 33.0%, year on year, due to the recovery in revenue from the food-related business and revisions to product specifications.」
Higher labor costs continue to be cited as a factor affecting profit in each segment. - FY2021RestatedAnnual report
「The group's results may be affected by increases in manufacturing costs resulting from higher raw material prices and personnel expenses, among other factors.」
The company continues to identify higher manufacturing costs resulting from rising personnel expenses as a risk that could affect results. - FY2020RestatedAnnual report
「In the food industry, the operating environment remained challenging due in part to rising labor and logistics costs associated with labor shortages.」
The company continues to identify higher labor costs associated with labor shortages, together with rising logistics costs, as factors contributing to the challenging operating environment. - FY2020-Q3RestatedAnnual report
「In the food industry, the operating environment remained challenging due in part to rising labor and logistics costs associated with labor shortages.」
The company continues to identify higher labor costs associated with labor shortages, together with rising logistics costs, as factors contributing to the challenging operating environment. - FY2020-Q2MaterialisedAnnual report
「Revenue was ¥7.031 billion, down ¥399 million, or 5.4%, year on year. In addition to the impact of lower revenue, operating profit was ¥3 million, down ¥44 million, or 92.2%, year on year, due in part to higher personnel expenses.」
The impact of higher personnel expenses was reflected in the results of the logistics-related business, with operating profit down 92.2% year on year. - FY2020-Q1MaterialisedAnnual report
「In terms of profit, although revisions to product specifications in the food-related business contributed positively, operating profit was ¥1.115 billion, down ¥0 million, or 0.1%, year on year, ordinary profit was ¥1.089 billion, down ¥30 million, or 2.8%, and quarterly net income attributable to owners of the parent was ¥703 million, down ¥13 million, or 1.8%, due in part to the impact of higher personnel expenses.」
The impact of higher personnel expenses was reflected in the results as a factor behind the declines in operating profit, ordinary profit and quarterly net income attributable to owners of the parent in the first quarter of the 56th fiscal year. - FY2019WorsenedAnnual report
「In the food industry, the operating environment remained challenging due to rising energy prices and labor and logistics costs associated with labor shortages.」
Higher labor costs associated with labor shortages are cited alongside rising energy and logistics costs, and full-year operating profit declined 59.1% year on year. - FY2019-Q3WorsenedAnnual report
「In the food industry, the operating environment remained challenging due to rising energy prices and labor and logistics costs associated with labor shortages.」
In addition to higher labor costs associated with labor shortages, rising logistics costs are also identified, and consolidated operating profit declined 57.8% year on year. The effects of rising labor costs continue to be reflected in results. - FY2019-Q1MaterialisedAnnual report
「Meanwhile, operating profit was ¥960 million, down ¥518 million, or 35.1%, year on year, due to higher personnel expenses and the impact of new capital investment.」
The company states that higher personnel expenses in the food-related business resulted in a 35.1% year-on-year decline in operating profit, showing that the effects of labor shortages and rising labor costs continue to be reflected in results. - FY2018MaterialisedAnnual report
「In the food industry, the operating environment remained challenging due in part to rising raw material prices and labor shortages and higher labor costs resulting from changes in employment conditions.」
Labor shortages and rising labor costs continued to affect the full-year business environment, and higher personnel expenses reduced operating profit in the logistics-related business by 34.0%. - FY2018-Q3MaterialisedAnnual report
「In terms of profit, operating profit was ¥3.939 billion, down ¥148 million, or 3.6%, year on year, and ordinary profit was ¥4.281 billion, down ¥41 million, or 1.0%, year on year, due to the impact of higher material and labor costs.」
The company states that higher material and labor costs affected the cumulative third-quarter results, with operating profit down 3.6% and ordinary profit down 1.0%. - FY2018-Q2MaterialisedAnnual report
「Revenue was ¥7.532 billion, up ¥41 million, or 0.6%, year on year, due in part to the slowdown in revenue growth for store deliveries to Seven-Eleven. Operating profit was ¥57 million, down ¥86 million, or 60.1%, year on year, due in part to higher personnel expenses.」
The company states that higher personnel expenses reduced operating profit in the logistics-related business by 60.1% year on year, showing that the effects of labor shortages and rising labor costs continue to be reflected in results. - FY2018-Q1MaterialisedAnnual report
「Meanwhile, operating profit was ¥28 million, down ¥61 million, or 68.2%, year on year, due in part to higher personnel expenses.」
While labor shortages and rising labor costs continue to be cited as challenging environmental factors, the company states that higher personnel expenses in the logistics-related business resulted in a 68.2% year-on-year decline in operating profit. - FY2017RestatedAnnual report
「In the food industry, the operating environment remained challenging due in part to labor shortages and rising labor costs resulting from changes in employment conditions, amid growing consumer awareness of the need for safety and reassurance.」
The company identifies labor shortages and rising labor costs as factors contributing to the challenging operating environment for the full year as well. - FY2017-Q3RestatedAnnual report
「In the food industry, the operating environment remained challenging due in part to labor shortages and rising labor costs accompanying improvements in employment conditions, amid growing consumer awareness of the need for safety and reassurance.」
The company continues to describe labor shortages and rising labor costs as factors contributing to the challenging operating environment in the food industry. - FY2017-Q2RestatedAnnual report
「In the food industry, the operating environment remained challenging due in part to labor shortages and rising labor costs accompanying improvements in employment conditions, amid growing consumer awareness of the need for safety and reassurance.」
The company continues to describe labor shortages and rising labor costs as factors contributing to the challenging operating environment in the food industry. - FY2017-Q1First statedAnnual report
「The operating environment remained challenging due in part to labor shortages and rising labor costs accompanying improvements in employment conditions.」
These factors are identified as external environmental risks in the food industry. The company also explains that operating profit in the logistics-related business declined due to higher personnel expenses.