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Eternal Hospitality Group (3193) · RiskWorsened

Rising Labor Costs and Personnel-Securing Risk

First written in FY2016-Q3. 14 of 27 entries say "Restated". Latest entry: 2026-10-05.

27entries
11years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016-Q3 – FY2017RestatedFY2018-Q2 – FY2021RestatedFY2023-Q2 – FY2023WorsenedFY2024 – 2026-10-052016: 320162017: 420172018: 220182019: 320192020: 220202021: 120212022: 120222023: 320232024: 120242025: 120252026: 62026
Same theme, other companies
Operational Risk from Foodservice Labor Shortages and Work-Style ReformsA theme 14 companies write about · 14 as a headwind · 0 as a tailwind

Eternal Hospitality Group moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).

The whole theme swung hardest in 2022: 5 of 10 companies on the "Worse" side.

2 other companies' latest entry also says "Worsened".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1WorsenedAnnual report

    「The Company faces a challenging operating environment, including rising raw-material prices, utility costs and labor costs, a worsening shortage of available workers, and increasingly cost-conscious consumers amid continued price inflation.」

    In addition to rising labor costs, it explicitly mentions the worsening shortage of available workers. It also states that wages were raised by 4.8% per person from August 2024, resulting in higher labor costs.
  2. FY2024WorsenedAnnual report

    「Raw-material prices, labor costs, logistics costs and energy costs have all surged, and the challenging situation is expected to continue.」

    It also lists surging raw-material prices, logistics costs and energy costs as factors behind higher costs, including rising labor costs, and indicates that the challenging situation is expected to continue.
  3. FY2023RestatedAnnual report

    「The challenging operating environment continues due to surging prices for energy resources and raw materials and rising labor costs.」

    It identifies rising labor costs, together with surging resource and raw-material prices, as continuing risks in the operating environment.
  4. FY2023-Q3RestatedAnnual report

    「The challenging operating environment continues due to surging prices for energy resources and raw materials and rising labor costs.」

    It reiterates rising labor costs, together with surging energy-resource and raw-material prices, as continuing risks surrounding the food-service business.
  5. FY2023-Q2RestatedAnnual report

    「Meanwhile, further price increases are a concern due to the worsening international situation surrounding Ukraine, soaring prices for energy resources such as crude oil and for raw materials, and the depreciation of the yen. The operating environment remains severe due to high energy-resource and raw-material prices and rising labor costs.」

    It reiterates rising labor costs, together with surging energy-resource and raw-material prices, as factors contributing to the challenging operating environment.
  6. FY2022WorsenedAnnual report

    「Short-time workers have become indispensable to the operation of the Group's stores, and as of 31 July 2022, the Group employed 8,965 part-time and casual workers.」

    The number of short-time workers increased from 6,718 in the previous fiscal year to 8,965. The scale of employment exposed to risks of higher costs and recruitment difficulties associated with the expansion of mandatory social insurance coverage and tighter labor regulations has increased.
  7. FY2021RestatedAnnual report

    「In the food-service industry, the challenging operating environment has become even more severe due to requests to refrain from going out and requests to shorten operating hours to prevent the spread of COVID-19, in addition to rising labor costs against a backdrop of labor shortages and the consumption tax rate increase, among other factors.」

    It continues to identify rising labor costs against a backdrop of labor shortages as a risk for the food-service industry and also lists requests related to the infectious disease as an additional factor.
  8. FY2020-Q3RestatedAnnual report

    「In the food-service industry, the challenging operating environment has become even more severe due to requests to refrain from going out and requests to shorten operating hours to prevent the spread of COVID-19, in addition to rising labor costs against a backdrop of labor shortages and the consumption tax rate increase, among other factors.」

    It continues to describe rising labor costs against a backdrop of labor shortages. Requests to refrain from going out and shorten operating hours due to COVID-19 have been newly added as factors contributing to the challenging environment in the food-service industry.
  9. FY2020-Q2RestatedAnnual report

    「In the food-service industry, the challenging operating environment continues, with raw-material prices remaining high and labor costs rising against a backdrop of labor shortages, while companies are also being compelled to address changes in consumer sentiment resulting from the consumption tax rate increase and the reduced tax rate system.」

    It reiterates persistently high raw-material prices, rising labor costs against a backdrop of labor shortages, and measures addressing the consumption tax rate increase and reduced tax rate system as continuing risks for the food-service industry.
  10. FY2020-Q1Add persistently high raw-material prices and measures addressing consumption taxAnnual report

    「In the food-service industry, the challenging operating environment continues, with raw-material prices remaining high and labor costs rising against a backdrop of labor shortages, while companies are also being compelled to address changes in consumer sentiment resulting from the consumption tax rate increase and the reduced tax rate system.」

    It identifies rising labor costs against a backdrop of labor shortages, persistently high raw-material prices, and measures addressing the consumption tax rate increase and reduced tax rate system as factors contributing to the challenging environment in the food-service industry.
  11. FY2019-Q3RestatedAnnual report

    「In the food-service business, the operating environment remains challenging due to surging labor, raw-material and transportation costs, among other factors.」

    It reiterates surging labor, raw-material and transportation costs as factors contributing to the challenging operating environment in the food-service business.
  12. FY2019-Q2Add surging transportation costsAnnual report

    「In the food-service business, the operating environment remains challenging due to surging labor, raw-material and transportation costs, among other factors.」

    It continues to describe rising labor costs and also lists surging transportation costs, in addition to raw-material costs, as factors contributing to the challenging operating environment.
  13. FY2018-Q3RestatedAnnual report

    「In the food-service industry, the operating environment remains challenging due to surging raw-material costs, rising labor costs and labor shortages.」

    It reiterates rising labor costs and labor shortages as factors contributing to the challenging operating environment in the food-service industry.
  14. FY2018-Q2RestatedAnnual report

    「In the food-service industry, the operating environment remains challenging due to surging raw-material costs, rising labor costs and labor shortages.」

    It continues to identify rising labor costs and labor shortages as factors contributing to the challenging operating environment in the food-service industry.
  15. FY2018-Q1WorsenedAnnual report

    「In the food-service industry, the operating environment remains challenging due to surging raw-material costs, rising labor costs and labor shortages.」

    It explicitly mentions labor shortages in addition to rising labor costs, identifying them as factors contributing to the challenging operating environment in the food-service industry.
  16. FY2017RestatedAnnual report

    「In the food-service industry, the operating environment remains challenging due to rising labor-related and other costs, higher raw-material prices caused by concerns over weather conditions, changes in demand patterns resulting from increasingly diverse consumer preferences, and intensifying competition among companies across industries and business formats.」

    It reiterates rising labor-related and other costs as factors contributing to the food-service industry's continuing challenging operating environment.
  17. FY2017-Q3RestatedAnnual report

    「In the food-service industry, the operating environment remains challenging due to rising labor-related and other costs, higher raw-material prices caused by concerns over weather conditions, changes in demand patterns resulting from increasingly diverse consumer preferences, and intensifying competition among companies across industries and business formats.」

    It continues to identify rising labor-related and other costs as factors contributing to the challenging operating environment in the food-service industry.
  18. FY2017-Q2RestatedAnnual report

    「In the food-service industry, the operating environment remains challenging due to rising labor-related and other costs accompanying the economic recovery, higher raw-material prices caused by concerns over weather conditions, changes in demand patterns resulting from increasingly diverse consumer preferences, and intensifying competition among companies across industries and business formats.」

    It continues to identify rising labor-related and other costs as factors contributing to the challenging operating environment in the food-service industry.
  19. FY2017-Q1RestatedAnnual report

    「In the food-service industry, the operating environment remains challenging due to rising labor-related and other costs accompanying the economic recovery, higher raw-material prices caused by concerns over weather conditions, changes in demand patterns resulting from increasingly diverse consumer preferences, and intensifying competition among companies across industries and business formats.」

    It continues to identify rising labor-related and other costs as factors contributing to the challenging operating environment in the food-service industry.
  20. FY2016RestatedAnnual report

    「The situation remains uncertain due to surging labor costs and the increasing risk of securing staff in store operations.」

    It describes surging labor costs and the risk of securing staff, as in the previous period, as continuing concerns for the food-service industry.
  21. FY2016-Q3First statedAnnual report

    「The situation remains uncertain due to surging labor costs and the increasing risk of securing staff in store operations.」

    It describes rising labor costs and the increasing risk of securing staff in the food-service industry as continuing concerns in the business environment.
Moved together

"Risk of Impairment Losses Due to Deteriorating Store Profitability" moved the same way as this thread, in the same document, in 5 of its 27 moves.

544432★123456
  1. ★This thread
  2. 1Risk of Impairment Losses Due to Deteriorating Store Profitability5×
  3. 2Economic Uncertainty and Concerns Over a Slowdown in Consumer Spending and Overseas Economies4×
  4. 3Surging Imported Food Ingredient Prices and Pressure from Declining Customer Numbers4×
  5. 4Security Deposits and Lessor Credit Risk4×
  6. 5Maintaining the uniform price of ¥280 (excluding tax)3×
  7. 6Risk of Higher Costs from Expanded Social Insurance Coverage and Tighter Labor Regulations for Short-Hour Workers2×

★ 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 Eternal Hospitality Group yet. It last moved in the General Meetings of Shareholders of 2026-10-05: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Rising Labor Costs and Personnel-Securing Risk | Eternal Hospitality Group Co.,Ltd. (3193) | Komori