Rising raw material prices
First written in FY2017-Q1. 19 of 30 entries say "Restated". Latest entry: 2026-07-10.
j-Group Holdings Corp. moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 41 of 48 companies on the "Worse" side.
21 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.」
Geopolitical risks, the weak yen, elevated utility, logistics and construction costs, and higher labor costs resulting from minimum wage revisions were specifically identified as factors affecting the cost environment, in addition to persistently high raw material costs. - 2026-04-10WorsenedEarnings
「The food-service industry continues to face a difficult operating environment, including persistently high raw-material and energy prices, higher labor costs following minimum-wage revisions, and rising construction costs.」
In addition to persistently high raw-material prices, increases in energy prices, labor costs and construction costs were listed. - 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 recognizing that higher foot traffic and inbound tourism spending have increased revenue, the company has reconfirmed the severe cost environment caused by continued increases in raw material prices. - FY2025WorsenedAnnual 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 recognizing the recovery in demand, the company specifically identified persistently high raw material costs, sharply higher utility, logistics and construction costs, and the normalization of labor shortages as factors in the cost environment. - 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 indicating higher revenue due to increased foot traffic, the company reaffirmed persistently high purchase prices as part of the continuing cost environment related to raw material prices. - 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.」
While referring to higher revenue due to increased foot traffic, the company reaffirmed persistently high purchase prices as part of the continuing cost environment related to raw material prices. - FY2024-Q1WorsenedAnnual report
「The outlook remains uncertain due to higher energy prices, inflation associated with the depreciation of the yen and the prolonged situation in Ukraine.」
Higher energy prices and inflation associated with the depreciation of the yen continue to be identified as part of the cost environment related to sharply higher raw material prices. - 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.」
In addition to the existing increase in raw material prices, the company specifically identified sharply higher energy and raw material prices associated with the prolonged situation involving Russia and Ukraine. - FY2023-Q3WorsenedAnnual report
「During the first 9 months of the current consolidated fiscal year, the global economy showed signs of recovery as economic activity normalized, despite the impact of the renewed spread of COVID-19, and an economic recovery is expected. However, the outlook remains uncertain due to the prolonged invasion of Ukraine and sharply higher raw material prices.」
While referring to signs of recovery resulting from the normalization of economic activity, the company continued to cite the prolonged invasion of Ukraine and sharply higher raw material prices as factors contributing to uncertainty over the outlook. - FY2023-Q2WorsenedAnnual report
「During the first 6 months of the current consolidated fiscal year, Japan’s economy showed signs of recovery as restrictions on activities related to the spread of COVID-19 were eased. However, the outlook remained uncertain due to the renewed spread of COVID-19, sharply higher crude oil and raw material prices, the continuing depreciation of the yen and the prolonged situation in Ukraine.」
In addition to the existing risk of higher raw material prices, sharply higher crude oil and raw material prices, the continuing depreciation of the yen and the prolonged situation in Ukraine were identified as factors contributing to uncertainty over the outlook. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan’s economy saw signs of recovery as the severe conditions caused by COVID-19 eased and various policies took effect. However, new concerns for future economic activity have emerged, including higher raw material prices stemming from the situation in Ukraine and volatility in the financial and capital markets, leaving the outlook uncertain.」
In addition to the existing risk of higher raw material prices, higher prices against the backdrop of the situation in Ukraine and other factors were identified as a new concern. - 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 stated that there had been no material changes in existing business and other risks, including the risk of higher raw material prices. - 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 stated that there had been no material changes in existing business and other risks, including the risk of higher raw material prices. - 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 raw material prices were reaffirmed as a factor in the challenging operating environment, alongside personnel-related costs due to labor shortages, consumers’ preference for frugality and the response to 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.」
Higher raw material prices were cited, together with rising personnel-related costs due to labor shortages and consumers’ preference for frugality, as factors contributing to the continuing challenging operating environment. - 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.」
Higher raw material prices were cited, together with rising personnel-related costs due to labor shortages and consumers’ preference for frugality, as factors contributing to the continuing challenging operating environment. - 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.」
Higher raw material prices, together with rising personnel-related costs due to labor shortages and consumers’ preference for frugality, continued to be cited as factors contributing to the challenging operating environment. - FY2019RestatedAnnual 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, while consumers continue to favor frugality.」
Higher raw material prices were cited, together with rising personnel-related costs due to labor shortages and consumers’ preference for frugality, as part of the continuing challenging operating 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 raw material prices were reiterated, together with rising personnel-related costs due to labor shortages, as factors contributing to the continuing challenging operating 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.」
Higher raw material prices were reiterated, together with rising personnel-related costs due to labor shortages, as factors contributing to the continuing challenging operating 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 raw material prices were reiterated, together with rising personnel-related costs due to labor shortages, as factors contributing to the continuing challenging operating environment. - 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 raw material prices were cited, together with rising personnel-related costs due to labor shortages, as factors contributing to the continuing challenging operating 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 raw material prices were reiterated, together with rising personnel-related costs due to labor shortages, as part of the continuing challenging operating 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 raw material prices were reiterated, together with rising personnel-related costs due to labor shortages, as part of the continuing challenging operating 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.」
Higher raw material prices were reiterated as part of the continuing challenging operating environment, alongside labor shortages and rising personnel expenses. - 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 raw material prices, together with increased personnel expenses, continued to be cited as the primary causes of losses, with operating loss widening from ¥81 million to ¥142 million and ordinary loss from ¥77 million to ¥168 million 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.」
Higher raw material prices, together with increased personnel expenses, were explained as the primary causes of the operating loss and linked to the results. - FY2017-Q1First statedAnnual report
「As raw material prices showed a pronounced upward trend, the company worked to review its menu offerings.」
The company stated that raw material prices had been showing a pronounced upward trend and linked this to its response through a menu review.