Risk of a Mature Food-Service Market and Declining Same-Store Sales
First written in FY2017. 10 of 25 entries say "Restated". Latest entry: 2026-10-09.
j-Group Holdings Corp. moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 33 of 49 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Demand recovery alongside cost and competitive risksAnnual report
「The food-service industry, in which the Group’s principal businesses operate, generally saw firm demand for eating out as foot traffic recovered and spending by visitors to Japan increased. However, the operating environment is expected to remain challenging, due to persistently high raw material costs caused by adverse weather, sharply higher utility, logistics and construction costs, and the normalization of labor shortages.」
While indicating recovering foot traffic and solid demand from inbound visitors, it continued to describe a difficult environment caused by raw material, utility, logistics and construction costs, as well as labor shortages. - FY2026-H1RestatedAnnual report
「Although revenue in the food-service industry is increasing as foot traffic and inbound spending expand, the industry continues to face a challenging operating environment, including sharply higher raw material prices and labor shortages.」
It continues to recognize that demand for dining out and sales are increasing due to rising foot traffic and expanding inbound consumption, while competition and cost pressures caused by soaring raw material prices and labor shortages persist. - FY2025Recovery in demand for dining out coexists with cost and competitive risksAnnual report
「The food-service industry, in which the Group’s principal businesses operate, generally saw firm demand for eating out as foot traffic recovered and spending by visitors to Japan increased. However, the operating environment is expected to remain challenging, due to persistently high raw material costs caused by adverse weather, sharply higher utility, logistics and construction costs, and the normalization of labor shortages.」
The description changed from one focused primarily on sluggish demand to one indicating recovering foot traffic and solid demand from inbound visitors, while the risk of declining same-store sales due to location-based competition and high costs remains. - FY2025-H1RestatedAnnual report
「In the restaurant industry as well, sales have increased with rising customer traffic, but the challenging operating environment continues due to persistently high procurement prices and a labor shortage.」
While describing an increase in sales accompanying the rise in foot traffic, it reconfirms that the difficult operating environment continues due to persistently high procurement prices and labor shortages. - FY2025-Q1Foot traffic and sales are increasing, while high costs and labor shortages continueAnnual report
「In the restaurant industry as well, sales have increased with rising customer traffic, but the challenging operating environment continues due to persistently high procurement prices and a labor shortage.」
It describes an increase in sales accompanying the rise in foot traffic, indicating a recovery from the previous view that demand was uniformly sluggish. At the same time, the difficult environment has continued due to persistently high procurement prices and labor shortages. - FY2024-Q1The recovery in foot traffic and demand for dining out is accompanied by continued inflation and labor shortagesAnnual report
「In the restaurant industry, customer traffic is gradually returning as infection-control measures are eased, but the challenging business environment continues, including rising prices and labor shortages.」
It indicates that foot traffic is gradually returning as measures to control the infection are eased, while stating that the difficult environment will continue due to inflation and labor shortages. - FY2023Demand for dining out is recovering, but demand for banquets and nighttime dining has declinedAnnual report
「The impact of COVID-19 on economic activity is gradually easing, and demand for dining out shows signs of a degree of recovery. However, the operating environment remains difficult due to soaring food procurement prices, utility costs and labor costs, as well as lifestyle changes during the pandemic, which have reduced demand for large-group banquets and nighttime visits.」
While the company’s assessment changed to recognize some recovery in demand for dining out, it explicitly identified changes in the demand structure, including declines in large-group banquets and nighttime visits due to lifestyle changes. - FY2023-Q3Demand for dining out remains sluggish despite the lifting of restrictions, due to the renewed spread of the infectionAnnual report
「Although the government and local authorities have lifted restrictions on activities, the renewed spread of COVID-19 has weakened demand for dining out, and the operating environment remains difficult.」
It states that, although restrictions on activities by the government and local authorities have ended, the difficult operating environment has continued as the renewed spread of COVID-19 weakened demand for dining out. - FY2023-Q2WorsenedAnnual report
「Although the government and local authorities have eased restrictions on activities, the rapid spread of COVID-19 since July has had a significant impact, weakening demand for dining out. The operating environment therefore remains difficult.」
It states that demand for dining out weakened due to the rapid spread of the infection from July onward, and that the difficult environment has continued even after restrictions on activities were eased. - FY2022WorsenedAnnual report
「In the food-service industry, the pace of recovery in demand for eating out has weakened and the operating environment remains challenging, as the spread of vaccinations and changes in consumer lifestyles have increased demand for takeout and delivery.」
The company identifies increased demand for takeout and delivery and changes in consumer lifestyles as new factors, and states that the pace of recovery in demand for eating out is weak. - FY2022-Q3RestatedAnnual report
「Although the state of emergency and priority preventive measures had been lifted, the food-service industry continued to face a challenging operating environment as changes in consumers' lifestyles and consumption behavior weakened the pace of recovery in demand for eating out.」
Even after the lifting of the state of emergency and other measures, the pace of recovery in demand for eating out remained weak due to changes in lifestyles and consumption behavior, and the company stated that the challenging operating environment continued. - FY2022-Q2WorsenedAnnual report
「The food-service industry faced extremely difficult conditions as renewed states of emergency and priority preventive measures reduced customer traffic and imposed operational restrictions, including shortened business hours, temporary closures and bans on serving alcoholic beverages.」
Renewed states of emergency and priority preventive measures continued, together with operational restrictions such as bans on serving alcoholic beverages, resulting in fewer customers and a more clearly defined impact on the food-service industry. - FY2022-Q1WorsenedAnnual report
「The food-service industry has been severely affected by a decline in customer traffic resulting from requests to refrain from going out following the implementation of priority preventive measures and renewed states of emergency, as well as by operational restrictions including shortened business hours, temporary closures and bans on serving alcoholic beverages.」
Operational restrictions, including bans on serving alcoholic beverages, were explicitly added to the previously identified restrictions on going out, shortened business hours and temporary closures, clarifying the specific impact on the food-service industry. - FY2021-Q3RestatedAnnual report
「The food-service industry continues to face an increasingly challenging operating environment, against a backdrop of requests from local governments to refrain from going out and shorten business hours to prevent the spread of COVID-19, as well as the spread of telework.」
Reaffirming that the challenging operating environment for the food-service industry continues against a backdrop of requests to refrain from going out and shorten business hours and the spread of telework. - FY2021-Q2RestatedAnnual report
「The food-service industry continues to face a more challenging operating environment as consumers remain committed to saving, while raw-material prices and labor-related costs rise due to labor shortages, compounded by requests to refrain from going out and requests to shorten business hours to prevent the spread of COVID-19.」
Reaffirming that requests to refrain from going out and shorten business hours continue, in addition to the previously challenging environment, including the maturation of the food-service market and declining same-store sales. - FY2021-Q1WorsenedAnnual report
「The food-service industry continues to face a more challenging operating environment as consumers remain committed to saving, while raw-material prices and labor-related costs rise due to labor shortages, compounded by requests to refrain from going out and requests to shorten business hours to prevent the spread of COVID-19.」
In addition to the previously identified mature market and rising raw-material and labor costs amid consumers' continued thrift orientation, requests to refrain from going out and shorten business hours have made the operating environment for the food-service industry even more challenging. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no material changes, either in the emergence of new business or other risks or in the business and other risks of the Group described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the maturation of the food-service market and the declining trend in same-store sales. - FY2020-Q2RestatedAnnual report
「There were no material changes in the risks related to the business and other activities of the Group during the first 6 months of the current consolidated fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the maturation of the food-service market and the declining trend in same-store sales. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no material changes, either in the emergence of new business or other risks or in the business and other risks of the Group described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the maturation of the food-service market and the declining trend in same-store sales. - FY2019RestatedAnnual report
「The food-service industry has become a mature market due to the consumer recession resulting from the prolonged economic downturn and the growth of the food-away-from-home market, in which prepared foods and other prepared dishes are taken home for consumption. Same-store sales at food-service operators are on a declining trend.」
Reaffirming the maturation of the food-service market and the declining trend in same-store sales as annual business and other risks. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no material changes, either in the emergence of new business or other risks or in the business and other risks of the Group described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the maturation of the food-service market and the declining trend in same-store sales. - FY2017First statedAnnual report
「The food-service industry, in which our Group's principal business operates, has become a mature market due to the consumer recession resulting from the prolonged economic downturn and the growth of the food-away-from-home market, in which prepared foods and other prepared dishes are taken home for consumption. Same-store sales at food-service operators are on a declining trend.」
The company identifies the maturation of the food-service market due to the consumer recession and growth of the food-away-from-home market, together with the declining trend in same-store sales, as business risks.