Rising raw material prices and labor costs, and consumers’ focus on protecting their household budgets
First written in FY2017-Q1. 14 of 27 entries say "Restated". Latest entry: 2026-11-09.
Ifuji Sangyo moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 11 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「In the food industry, product prices and raw material prices have continued to rise because of surging transportation and other expenses and labor costs, among other factors.」
In addition to higher labor and raw material costs, the company specifically identifies surging expenses, including transportation costs, expanding the factors driving cost inflation in the food industry. - FY2025WorsenedAnnual report
「In the food industry in which the group operates, a challenging business environment is expected to continue, including consumers’ increasing focus on protecting their household budgets because food prices have risen against a backdrop of surging raw material prices and a weaker yen, and continued concerns about declining domestic demand as Japan’s population decreases. In the egg industry, in addition to declining egg producers’ incentive to produce because of higher production costs resulting from surging feed prices and other factors, large-scale avian influenza outbreaks have led to continued volatility in egg market prices, increasing uncertainty in the egg market.」
The company explains that, in addition to raw material prices, the weaker yen, feed prices and avian influenza, uncertainty in the egg market has increased, with cost-inflation and market-volatility factors continuing. - FY2025-H1WorsenedAnnual report
「The outlook for the economy requires close monitoring because of declining disposable income resulting from higher prices caused by the weaker yen and inflation, increased social insurance premiums and other factors; concerns about an overseas economic slowdown due to population decline, labor shortages, instability in the Middle East and concerns about the outlook for the Chinese economy. In the food industry, raw material and product price increases have also continued because of the weaker yen, surging labor costs and other factors.」
Declining disposable income and continued price increases caused by the weaker yen, inflation, surging labor costs, higher social insurance premiums and other factors remain evident as cost-inflation factors affecting consumers and the food industry. - FY2024-Q3RestatedAnnual report
「In the food industry, raw material and product prices rose repeatedly.」
The company continues to recognize that raw material and product price increases have continued. - FY2024-Q2RestatedAnnual report
「In the food industry, raw material and product prices rose repeatedly because of the weaker yen, global inflation and other factors.」
The company continues to recognize that raw material and product prices have continued rising because of the weaker yen and global inflation. - FY2024-Q1RestatedAnnual report
「In the food industry, raw material and product prices rose repeatedly because of the weaker yen, global inflation and other factors.」
The company continues to recognize that raw material and product prices have continued rising because of the weaker yen and global inflation. - FY2023-Q3WorsenedAnnual report
「In the food industry, raw material and product prices rose amid the weaker yen, global inflation and other factors, resulting in a series of price increases. In the egg industry, higher feed prices and other factors have increased production costs and reduced egg producers’ incentive to produce. In addition, avian influenza has spread globally, with Japan experiencing its largest outbreak on record, and tight egg supply and demand have caused egg market prices to surge.」
In addition to higher raw material prices resulting from the weaker yen and global inflation, the company identifies higher production costs caused by surging feed prices and the sharp rise in egg market prices, indicating an expansion in cost-inflation factors. - FY2023-Q1WorsenedAnnual report
「In the food industry, raw material prices rose because of global inflation and other factors, resulting in a series of price increases. In the egg industry, feed prices have surged, raising concerns about their impact on egg supply and demand and market prices.」
In addition to the previously identified risks of higher raw material prices and price increases, the company specifically identifies global inflation and surging feed prices and expresses concern about their impact on egg supply and demand and market prices. - FY2022WorsenedAnnual report
「In the food industry in which the group operates, a challenging business environment is expected to continue, including consumers’ increasing focus on protecting their household budgets because food prices have risen against a backdrop of surging raw material prices and a weaker yen, and concerns about declining domestic demand as Japan’s population decreases.」
In addition to surging raw material prices, the company specifically identifies food price increases against a backdrop of the weaker yen as a new factor and explains consumers’ increasing focus on protecting their household budgets. - FY2022-Q3WorsenedAnnual report
「In the food industry, demand for food changed significantly, with demand for foodservice and other sectors declining because of requests to stay home, requests for businesses to close and reduced operating hours to help prevent the spread of COVID-19, while demand for ready-to-eat and in-home consumption increased. Raw material prices also rose because of higher grain prices, leading to a series of price increases.」
Regarding the existing risk of higher raw material prices and price increases, the company specifically identifies higher grain prices as a new factor and explains that a series of price increases followed. - FY2021RestatedAnnual report
「In the food industry in which the group operates, a challenging business environment is expected to continue, including growing consumer concern with food safety and security, consumers’ increasing focus on protecting their household budgets because of the consumption tax increase, and concerns about declining domestic demand as Japan’s population decreases.」
The company continues to describe the food industry’s challenging business environment, including consumers’ increasing focus on protecting their household budgets. - FY2020-Q3RestatedAnnual report
「In the food industry, consumers have increasingly focused on protecting their household budgets because of product price increases and reductions in package sizes resulting from higher raw material prices and surging labor costs, among other factors.」
The company continues to recognize that consumers are increasingly focused on protecting their household budgets against a backdrop of higher raw material prices, price increases and reductions in package sizes. - FY2020-Q2RestatedAnnual report
「In the food industry, consumers have increasingly focused on protecting their household budgets as a result of product price increases and reductions in package sizes, effectively raising prices, caused by higher raw material prices and surging labor costs, among other factors.」
The company continues to recognize that consumers are increasingly focused on protecting their household budgets against a backdrop of higher raw material prices, price increases and reductions in package sizes. - FY2020-Q1RestatedAnnual report
「In the food industry, consumers have increasingly focused on protecting their household budgets as a result of product price increases and reductions in package sizes, effectively raising prices, caused by higher raw material prices and surging labor costs, among other factors.」
The company continues to recognize that consumers are increasingly focused on protecting their household budgets against a backdrop of higher raw material prices, price increases and reductions in package sizes. - FY2019-Q3RestatedAnnual report
「In the food industry, consumers have increasingly focused on protecting their household budgets as a result of product price increases and reductions in package sizes, effectively raising prices, caused by higher raw material prices and surging labor costs, among other factors.」
The company continues to recognize that consumers are increasingly focused on protecting their household budgets against a backdrop of price increases and reductions in package sizes resulting from higher raw material prices and labor costs. - FY2019-Q1WorsenedAnnual report
「In the food industry, consumers have increasingly focused on protecting their household budgets as a result of product price increases and reductions in package sizes, effectively raising prices, caused by higher raw material prices and surging labor costs, among other factors.」
The company explains that consumers have in fact become increasingly focused on protecting their household budgets against a backdrop of price increases and reductions in package sizes resulting from higher raw material prices and labor costs. - FY2018RestatedAnnual report
「In the food industry, product price increases have continued because of rising raw material prices and surging labor costs, among other factors, and consumers are expected to become increasingly focused on protecting their household budgets.」
The company continues to identify price increases resulting from higher raw material prices and labor costs, and consumers’ increasing focus on protecting their household budgets, as conditions facing the food industry. - FY2018-Q3RestatedAnnual report
「In the food industry, product price increases have continued because of rising raw material prices and surging labor costs, among other factors, and consumers are expected to become increasingly focused on protecting their household budgets.」
The company continues to identify price increases resulting from higher raw material prices and labor costs, and consumers’ increasing focus on protecting their household budgets, as conditions facing the food industry. - FY2018-Q2RestatedAnnual report
「In the food industry, product price increases have continued because of rising raw material prices and surging labor costs, among other factors, and consumers are expected to become increasingly focused on protecting their household budgets.」
The company continues to identify price increases resulting from higher raw material prices and labor costs, and consumers’ increasing focus on protecting their household budgets, as conditions facing the food industry. - FY2018-Q1RestatedAnnual report
「In the food industry, product price increases have continued because of rising raw material prices and surging labor costs, among other factors, and consumers are expected to become increasingly focused on protecting their household budgets.」
The company continues to identify price increases resulting from higher raw material prices and labor costs, and consumers’ increasing focus on protecting their household budgets, as conditions facing the food industry. - FY2017RestatedAnnual report
「In the food industry, government and Bank of Japan policies have yet to translate readily into higher disposable income, causing consumers to become increasingly focused on protecting their household budgets. As Japan’s population has begun to decline, concerns that domestic demand will taper off are expected to persist, and the challenging business environment is expected to continue.」
The company continues to describe sluggish disposable income growth, consumers’ focus on protecting their household budgets and concerns that domestic demand will taper off as a continued challenging business environment. - FY2017-Q3RestatedAnnual report
「In the food industry in which the company operates, government and Bank of Japan policies have yet to translate readily into higher disposable income, causing consumers to become increasingly focused on protecting their household budgets. In addition, as Japan’s population is expected to begin declining over the medium to long term, concerns that domestic demand will taper off are expected to persist, resulting in a continued challenging business environment.」
The company describes the continued challenging business environment as including consumers’ increasing focus on protecting their household budgets because of sluggish growth in disposable income, as well as concerns that domestic demand will taper off as Japan’s population declines. - FY2017-Q2WorsenedAnnual report
「Declining disposable income because of sluggish wage growth, higher social insurance premiums and the impact of tax increases, among other factors, is strengthening consumers’ focus on protecting their household budgets. With Japan’s population also beginning to decline, concerns are emerging that domestic demand will taper off, and a challenging business environment is expected to continue.」
The company again highlights declining disposable income and consumers’ increasing focus on protecting their household budgets, along with concerns that demand will taper off as Japan’s population declines. - FY2017-Q1First statedAnnual report
「In the food industry, product price increases have continued because of rising raw material prices and surging labor costs, among other factors, and consumers are expected to become increasingly focused on protecting their household budgets.」
The company identifies product price increases resulting from higher raw material prices and labor costs, and the resulting strengthening of consumers’ cost-consciousness, as risks facing the food industry.