Labor Shortages and Rising Recruitment Costs and Personnel Expenses
First written in FY2017-Q1. 21 of 28 entries say "Restated". Latest entry: 2026-07-10.
j-Group Holdings Corp. moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2025: 36 of 59 companies on the "Worse" side.
36 other companies' latest entry also says "Restated".
- FY2026WorsenedAnnual report
「The restaurant industry, in which the Group's principal businesses operate, is expected to continue facing a challenging business environment, including elevated raw material costs, utility, logistics and construction costs, rising labor costs following minimum wage revisions, and persistent labor shortages, compounded by geopolitical risks and the weak yen.」
Regarding labor shortages, the wording has changed from the previous continuing shortage to "becoming chronic," and higher labor costs associated with minimum wage revisions have also been specifically identified. - 2026-04-10WorsenedEarnings
「Looking ahead, food-service demand is expected to continue normalizing as socioeconomic activity returns to normal and personal consumption recovers. At the same time, we expect continued uncertainty due to factors including the prolonged situation in Iran and U.S. policy developments, which could result in higher raw-material and resource prices and a worsening labor shortage.」
The labor shortage was described as worsening, in addition to continuing and becoming structural. - 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.」
While higher customer traffic has increased revenue, labor shortages are cited, together with soaring raw material prices, as a factor contributing to the continuing challenging business environment. - FY2025WorsenedAnnual report
「The business environment is expected to remain challenging, including persistently high raw material costs due to adverse weather, soaring utility, logistics and construction costs, and chronic labor shortages.」
Regarding labor shortages, the wording has changed from the previous "continuing shortage" to "becoming chronic," and the issue is listed alongside soaring raw material, utility, logistics and construction costs. - 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.」
Labor shortages have been reconfirmed, together with persistently high procurement prices, as a factor contributing to the restaurant industry's persistently challenging business environment. - FY2025-Q1RestatedAnnual 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.」
Labor shortages have been reconfirmed, together with persistently high procurement prices, as a factor contributing to the restaurant industry's persistently challenging business environment. - FY2024-Q1RestatedAnnual 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.」
Labor shortages have been reconfirmed, together with rising prices, as a factor contributing to the restaurant industry's persistently challenging business environment. - FY2023WorsenedAnnual report
「The Group’s core food-service business continues to face an uncertain environment, including sharply higher energy and raw material prices due to the prolonged situation involving Russia and Ukraine and increasingly severe labor shortages. However, demand for eating out is expected to recover as restrictions on activities are eased and COVID-19 is reclassified to Category 5 from May 2023.」
Regarding labor shortages, the wording has been strengthened from the previous "labor shortage" to "becoming chronic," and the issue is listed alongside soaring raw material and energy prices. - FY2023-Q3RestatedAnnual report
「There were no material changes in the risks related to the business and other activities of the Group during the first 9 months of the current consolidated fiscal year.」
The company states that there have been no significant changes to existing business and other risks, including labor shortages and higher recruitment expenses and labor costs. - FY2022-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 significant changes to existing business and other risks, including labor shortages and higher recruitment expenses and labor costs. - FY2021-Q3RestatedAnnual report
「There were no material changes in the risks related to the business and other activities of the Group during the first 9 months of the current consolidated fiscal year.」
The company states that there have been no significant changes to existing business and other risks, including labor shortages and higher recruitment expenses and labor costs. - FY2021-Q2RestatedAnnual report
「The food-service industry continues to face an even more challenging operating environment due to higher raw material prices, rising personnel-related costs stemming from labor shortages, and requests to refrain from going out and shorten business hours to prevent the spread of COVID-19, while consumers continue to favor frugality.」
Higher labor-related costs resulting from labor shortages are cited as an ongoing environmental factor, together with higher raw material prices and measures to address COVID-19. - FY2020-Q3RestatedAnnual report
「In the food-service industry, consumers’ preference for frugality remains in place, while raw material prices and personnel-related costs due to labor shortages continue to rise, resulting in a challenging operating environment.」
It is stated that higher labor-related costs resulting from labor shortages continue, together with higher raw material prices and consumers' preference for thrift. - FY2020-Q2RestatedAnnual report
「In the food-service industry, consumers’ preference for frugality remains in place, while raw material prices and personnel-related costs due to labor shortages continue to rise, resulting in a challenging operating environment.」
It is stated that higher labor-related costs resulting from labor shortages continue, together with higher raw material prices and consumers' preference for thrift. - FY2020-Q1RestatedAnnual report
「In the food-service industry, consumers’ preference for frugality remains in place, while raw material prices and personnel-related costs due to labor shortages continue to rise, resulting in a challenging operating environment.」
It is stated that higher labor-related costs resulting from labor shortages continue, together with higher raw material prices and other factors. - FY2019RestatedAnnual report
「While consumers continue to favor thrift, the challenging business environment persists, including higher raw material prices and higher labor-related costs resulting from labor shortages.」
The company has reconfirmed that higher labor-related costs resulting from labor shortages, together with higher raw material prices, remain factors affecting the business environment. - FY2019-Q3RestatedAnnual report
「The food-service industry continues to face a challenging operating environment, including higher raw material prices and rising personnel-related costs due to labor shortages.」
Higher labor-related costs resulting from labor shortages are cited, together with higher raw material prices, as an ongoing factor affecting the business environment. - FY2019-Q2RestatedAnnual report
「The food-service industry continues to face a challenging operating environment, including higher raw material prices and rising personnel-related costs due to labor shortages.」
The company has reconfirmed that higher labor-related costs resulting from labor shortages, together with higher raw material prices, remain factors affecting the business environment. - FY2019-Q1RestatedAnnual report
「The food-service industry continues to face a challenging operating environment, including higher raw material prices and rising personnel-related costs due to labor shortages.」
Higher labor-related costs resulting from labor shortages have been reiterated as a persistent factor affecting the business environment, alongside higher raw material prices. - FY2018-Q3RestatedAnnual report
「The food-service industry continues to face a challenging operating environment, including higher raw material prices and rising personnel-related costs due to labor shortages.」
Higher labor-related costs resulting from labor shortages have been reiterated, together with higher raw material prices, as an ongoing factor affecting the business environment. - FY2018-Q2RestatedAnnual report
「The food-service industry continues to face a challenging operating environment, including higher raw material prices and rising personnel-related costs due to labor shortages.」
Higher labor-related costs resulting from labor shortages are cited, together with higher raw material prices, as an ongoing factor affecting the business environment. - FY2018-Q1RestatedAnnual report
「The food-service industry continues to face a challenging operating environment, including higher raw material prices and rising personnel-related costs due to labor shortages.」
Higher labor-related costs resulting from labor shortages are cited, together with higher raw material prices, as an ongoing factor affecting the business environment. - FY2017RestatedAnnual report
「The food service industry continues to face a challenging operating environment, including stagnant consumer spending, soaring raw material prices, and higher recruitment and labor costs due to labor shortages.」
The company continues to cite higher recruitment expenses and labor costs associated with labor shortages as a factor affecting the restaurant industry's operating environment. - FY2017-Q3WorsenedAnnual report
「As a result, revenue for the first 9 months of the current consolidated fiscal year was ¥10,378 million, up 0.8% year on year, but operating loss was ¥142 million, compared with an operating loss of ¥81 million in the same period of the previous fiscal year, and ordinary loss was ¥168 million, compared with an ordinary loss of ¥77 million in the same period of the previous fiscal year, mainly due to higher raw material prices and personnel expenses.」
Higher labor costs, together with soaring raw material prices, were cited as a main cause of the loss, and the operating loss and ordinary loss widened year on year. - FY2017-Q2MaterialisedAnnual report
「As a result, revenue for the first six months of the current consolidated fiscal year was ¥6,941 million, down 0.4% year on year, but operating loss narrowed to ¥11 million from an operating loss of ¥61 million in the same period of the previous fiscal year, despite higher raw material prices and personnel expenses being the primary factors.」
The company explains that higher labor costs affected actual results and were one of the main causes of the operating loss. - FY2017-Q1First statedAnnual report
「The challenging business environment continues, including sluggish growth in personal consumption, soaring raw material prices, and higher recruitment expenses and labor costs due to labor shortages.」
Higher recruitment expenses and labor costs associated with labor shortages are cited as factors contributing to the challenging business environment in the restaurant industry.