Komori
Horiifoodservice (3077) · RiskRestated

Constraints on Expense Management and Store Expansion Due to Labor Shortages

First written in FY2016. 16 of 21 entries say "Restated". Latest entry: 2026-10-14.

21entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2018-Q3RestatedFY2019-Q2 – FY2019RestatedFY2024-Q3 – 2026-10-142016: 320162017: 420172018: 320182019: 220192020: 020202021: 020212022: 020222023: 220232024: 320242025: 120252026: 32026
Same theme, other companies
Securing and Training Store Sales Staff and Legal Compliance for Foreign WorkersA theme 49 companies write about · 47 as a headwind · 2 as a tailwind

The whole theme swung hardest in 2020: 8 of 26 companies on the "Worse" side.

24 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 49 companies compared. The sentences above are computed from all 49.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「However, raw-material prices and labor-related costs continue to rise as prices increase, and the situation remains one that warrants close monitoring.」

    It was reaffirmed that demand for eating out is on a recovery path, while raw-material prices and labor-related costs continue to rise.
  2. FY2026-H1RestatedAnnual report

    「Although the food-service industry remains on a recovery path, prices, including those of raw materials, continue to rise, as do labor-related costs caused by labor shortages.」

    Labor shortages continue to drive higher labor-related costs, and personnel-related and cost risks remain during the recovery phase.
  3. FY2025-H1RestatedAnnual report

    「Although the food-service industry remains on a recovery path, it continues to face a situation that warrants close monitoring, as prices, including those of raw materials, continue to rise and labor-related costs caused by labor shortages continue to increase.」

    It was noted that labor-related costs caused by labor shortages continue to rise even as operations normalize and the industry remains on a recovery path.
  4. FY2024RestatedAnnual report

    「Although the food-service industry continues to move toward normalization, it remains in a situation that warrants close monitoring, as prices, including those of raw materials, continue to rise and labor-related costs caused by labor shortages continue to be incurred.」

    Labor shortages are continuing to result in labor-related costs, and personnel-related and cost risks remain even after operations have normalized.
  5. FY2024-Q3RestatedAnnual report

    「Although the food-service industry has entered a recovery phase following the reclassification of COVID-19 to Category 5 and continues to move toward normalization, it remains in a situation that warrants close monitoring. Prices, including those of raw materials, continue to rise, as do labor costs due to labor shortages.」

    Labor shortages continue to drive higher labor costs, and personnel-related and cost risks remain even after operations have normalized.
  6. FY2024-Q2WorsenedAnnual report

    「Although the food-service industry has entered a recovery phase following the reclassification of COVID-19 to Category 5, and continues to move toward normalization, it remains in a situation that warrants close monitoring due to soaring raw-material prices, rising energy costs and higher labor costs caused by labor shortages.」

    Labor shortages continue to materialize as soaring labor costs, and personnel-related and cost risks remain alongside rising raw-material prices and energy costs.
  7. FY2024-Q1WorsenedAnnual report

    「Although the food-service industry continues to move toward normalization, it remains in a situation that warrants close monitoring due to soaring raw-material prices, rising energy costs and higher labor costs caused by labor shortages.」

    It was noted that labor shortages have materialized as soaring labor costs, and personnel-related cost and operating risks continue.
  8. FY2019RestatedAnnual report

    「In the food-service industry to which the Company belongs, overall sales have remained solid as personal consumption recovers, but the industry remains in a challenging business environment due to rising food-material costs and entrenched labor shortages.」

    The recognition that the industry remains in a challenging business environment with entrenched labor shortages has continued throughout the fiscal year.
  9. FY2019-Q3RestatedAnnual report

    「As labor shortages become more pronounced across society, preventing employee turnover is also an urgent issue for the Company.」

    As labor shortages become more pronounced, the recognition that preventing employee turnover is an urgent issue continues.
  10. FY2019-Q2RestatedAnnual report

    「As labor shortages become more pronounced across society, preventing employee turnover is also an urgent issue for the Company.」

    Labor shortages and the urgent need to prevent employee turnover continue to be identified.
  11. FY2019-Q1WorsenedAnnual report

    「As labor shortages become a concern across society, preventing employee turnover is also an urgent issue for the Company.」

    In addition to labor shortages, preventing employee turnover was explicitly identified as an urgent issue, making the Company's personnel-related management concerns more specific.
  12. FY2018-Q3RestatedAnnual report

    「Although overall performance in the food-service industry to which the Company belongs has remained strong, labor shortages are becoming entrenched, and the challenging business environment continues.」

    The recognition that labor shortages are becoming entrenched and that the challenging business environment is continuing was reaffirmed.
  13. FY2018-Q2RestatedAnnual report

    「Although overall performance in the food-service industry to which the Company belongs has remained strong, labor shortages are becoming entrenched, and the challenging business environment continues.」

    The recognition that labor shortages in the food-service industry are becoming entrenched and that the challenging business environment will continue has been reaffirmed.
  14. FY2018-Q1RestatedAnnual report

    「Although overall performance in the food-service industry to which the Company belongs has remained strong, labor shortages are becoming entrenched, and the challenging business environment continues.」

    The recognition that labor shortages are becoming entrenched and that the challenging business environment will continue was reaffirmed.
  15. FY2017RestatedAnnual report

    「In the food-service industry to which the Company belongs, competition across business formats is intensifying and securing personnel remains difficult. The challenging business environment is expected to continue.」

    Labor shortages and difficulty securing personnel continue to be recognized as factors contributing to the challenging business environment.
  16. FY2017-Q3RestatedAnnual report

    「The food-service industry to which the Company belongs has generally performed well, but the labor shortage associated with improvements in the employment environment resulting from the economic recovery remains deeply rooted, and the business environment continues to be challenging.」

    The recognition that labor shortages associated with improvements in the employment environment remain deeply rooted has continued.
  17. FY2017-Q2WorsenedAnnual report

    「The Company continues to operate in a challenging business environment, including intensifying competition not only among peers but also with companies in other industries, as well as rising labor costs due to labor shortages.」

    It was indicated that labor shortages are continuing and are also affecting costs through higher labor expenses.
  18. FY2017-Q1RestatedAnnual report

    「The labor shortage resulting from the improving employment situation has not been resolved, forcing the Company to operate under difficult conditions.」

    It was recognized that the unresolved labor shortage continues to make store operations difficult.
  19. FY2016First statedAnnual report

    「Labor shortages have continued amid the improving employment situation, constraining expense management and store expansion. Operations have remained difficult in this challenging business environment.」

    Labor shortages are identified as a risk constraining cost management and new openings and store expansion.
Moved together

"Deterioration in Profit Margins Due to Soaring Raw Material Prices" moved the same way as this thread, in the same document, in 2 of its 21 moves.

22★12
  1. ★This thread
  2. 1Deterioration in Profit Margins Due to Soaring Raw Material Prices2×
  3. 2Impact on earnings from unprofitable store closures and impairment losses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Horiifoodservice yet. It last moved in the Earnings of 2026-10-14: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.