Surging Raw Material Prices and Rising Labor Costs Due to Labor Shortages
First written in FY2018-Q3. 17 of 24 entries say "Restated". Latest entry: FY2026-H1.
Kobe Bussan 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: 8 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The food-supermarket industry continues to face a challenging environment, including consumers’ entrenched preference for savings amid inflation, various cost increases and intensifying competition across industry and business-format boundaries.」
The difficult cost environment in the food industry resulting from inflation, consumers' preference for saving, and various cost increases continues. - FY2024-Q2RestatedAnnual report
「The food supermarket industry continues to face a challenging environment due to stronger consumer preferences for saving resulting from rapid inflation and various cost increases.」
The difficult cost environment in the food industry resulting from consumers' preference for saving and various cost increases continues. - FY2024-Q1RestatedAnnual report
「The food supermarket industry continues to face a challenging environment due to stronger consumer preferences for saving resulting from rapid inflation and various cost increases.」
The difficult cost environment in the food industry resulting from consumers' preference for saving and various cost increases continues to be disclosed. - FY2023RestatedAnnual report
「If Japan imposes import restrictions due to BSE (bovine spongiform encephalopathy), swine fever, outbreaks of avian influenza, higher energy costs, fluctuations in agricultural commodity prices caused by adverse weather, political unrest such as terrorism, riots, and conflicts, or other factors, the Group may have difficulty securing substitute products quickly for some of its purchased goods.」
Recognition of procurement price and supply risks related to raw materials and energy, weather, infectious diseases, and political unrest, among other factors, continues. - FY2023-Q3RestatedAnnual report
「Meanwhile, the outlook remains uncertain due to the prolonged Russia-Ukraine conflict, concerns over an economic slowdown caused by global monetary tightening, volatile exchange-rate movements, and soaring energy costs.」
Concerns in the cost environment related to raw material and energy costs, foreign-exchange movements, and the situation in Russia and Ukraine continue. - FY2023-Q2RestatedAnnual report
「Meanwhile, the outlook remains uncertain due to the prolonged Russia-Ukraine conflict, soaring raw material and energy costs, and rapid exchange-rate fluctuations.」
Soaring raw material and energy costs and rapid foreign-exchange movements continue to be identified as concerns in the cost environment. - FY2023-Q1WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to the prolonged Russia-Ukraine conflict, soaring raw material and energy costs, and rapid exchange-rate fluctuations.」
In addition to the existing concerns over raw material prices, labor costs, and logistics costs, soaring raw material and energy costs and rapid foreign-exchange movements continue to exert cost pressure. - FY2022-Q3WorsenedAnnual report
「Costs rose rapidly across the board as a result of poor harvests caused by droughts and other conditions around the world, restrictions on imports and exports of grains and energy resources against the backdrop of Russia's military invasion of Ukraine, and the yen's sharp depreciation due to rising U.S. interest rates, among other factors.」
In addition to the existing concerns over raw material prices, labor costs, and logistics costs, poor harvests, restrictions on imports and exports of grains and energy resources, the yen's sharp depreciation, and rapid increases in various costs are identified. - FY2022-Q2WorsenedAnnual report
「The food retail industry is also being forced to take measures as costs rise due to global inflation, the weaker yen, higher labor costs and higher utility expenses.」
In addition to the existing concerns over raw material prices, labor costs, and logistics costs, global inflation, yen depreciation, and higher utility costs are identified as specific sources of cost increases. - FY2022-Q1WorsenedAnnual report
「In addition, supply constraints caused by rising global demand for raw materials persisted, the yen continued to weaken, and companies raised prices one after another due to higher ocean freight and crude oil prices.」
In addition to the existing concerns over raw material prices, labor costs, and logistics costs, prolonged supply constraints, yen depreciation, and soaring ocean freight and crude oil prices are identified as specific cost factors. - FY2021WorsenedAnnual report
「Japan's economy during the consolidated fiscal year under review remained uncertain due to changes in lifestyles resulting from the spread of COVID-19, economic losses caused by the declaration of states of emergency in various regions, and surging food raw material prices and shipping costs.」
In addition to the existing concerns over raw material prices, labor shortages, and logistics costs, soaring food ingredient prices and ocean freight costs are identified as specific cost factors. - FY2021-Q3RestatedAnnual report
「Japan's economy during the cumulative third-quarter period under review (1 November 2020 to 31 July 2021) remained uncertain due to labor shortages, higher logistics costs, and the global spread of COVID-19.」
Labor shortages and higher logistics-related costs continue to be identified as factors worsening the operating environment. - FY2021-Q1RestatedAnnual report
「Japan's economy during the cumulative first-quarter period under review (1 November 2020 to 31 January 2021) remained uncertain due to labor shortages, higher logistics costs, and the global spread of COVID-19.」
Labor shortages and higher logistics costs continue to be identified as factors worsening the operating environment. - FY2020RestatedAnnual report
「The Cook Innoventure business faced a difficult operating environment as a result of the effects of strong consumer preference for saving following the consumption tax increase, higher labor costs due to labor shortages, soaring raw material prices, and other factors.」
Consumers' preference for saving, higher labor costs, and soaring raw material prices continue to be factors contributing to the difficult environment for the food-service business. - FY2020-Q3RestatedAnnual report
「In the Cook Innoventure business during the cumulative third quarter of the current consolidated fiscal year, strong consumer preference for saving following the consumption tax increase, higher labor costs due to labor shortages, and soaring raw material prices continued.」
Consumers' preference for saving, higher labor costs, and soaring raw material prices continue to be factors contributing to the difficult environment for the food-service business. - FY2020-Q2RestatedAnnual report
「In the Cook Innoventure business during the cumulative second quarter of the current consolidated fiscal year, strong consumer preference for saving following the consumption tax increase, higher labor costs due to labor shortages, and soaring raw material prices continued.」
Consumers' preference for saving, higher labor costs, and soaring raw material prices continue to be factors contributing to the difficult environment for the food-service business. - FY2020-Q1RestatedAnnual report
「In the food retail industry, the operating environment remains challenging amid consumers’ entrenched preference for saving, intensifying competition across industry boundaries, soaring raw material prices, rising labor costs and labor shortages.」
Soaring raw material prices, higher labor costs, labor shortages, and consumers' preference for saving continue to be identified as factors contributing to the difficult operating environment in the food retail industry. - FY2019WorsenedAnnual report
「The Cook Innoventure business continues to face an extremely difficult operating environment, including rising labor costs and soaring raw material prices.」
Higher labor costs and soaring raw material prices have continued, and the operating environment for the food-service business is described as "extremely difficult." - FY2019-Q3RestatedAnnual report
「In the Cook Innoventure business during the cumulative third quarter of the current consolidated fiscal year, difficult conditions continued, including consumers' preference for saving, higher labor costs due to labor shortages, and soaring raw material prices.」
Consumers' preference for saving, higher labor costs due to labor shortages, and soaring raw material prices continue to be identified as factors contributing to the difficult operating environment of the food-service business. - FY2019-Q2RestatedAnnual report
「In the Cook Innoventure business during the cumulative second quarter of the current consolidated fiscal year, food ingredient prices and labor costs remained high, while consumers continued to show a strong preference for saving,」
High food ingredient prices, higher labor costs, and consumers' preference for saving continue to be identified as factors affecting the operating environment of the food-service business. - FY2019-Q1RestatedAnnual report
「In the food retail industry, the operating environment remains challenging amid consumers’ entrenched preference for saving, intensifying competition across industry boundaries, soaring raw material prices, rising labor costs and labor shortages.」
Soaring raw material prices, higher labor costs due to labor shortages, and labor shortages continue to be identified as factors contributing to the difficult operating environment in the food industry. - FY2018-Q3First statedAnnual report
「In the food industry, consumers’ preference for low prices and saving is becoming entrenched, while the operating environment remains challenging due to soaring raw material prices and the rising trend in labor costs caused by labor shortages.」
The rising trend in labor costs against a backdrop of soaring raw material prices and labor shortages is identified individually for the first time as a factor worsening the operating environment in the food industry.