Food Safety, Price Volatility and Stable Sourcing
First written in FY2016. 13 of 19 entries say "Worsened", first in FY2022. Latest entry: 2026-10-14.
create restaurants holdings moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 23 of 32 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Food procurement may face higher prices and unstable supply due to a combination of factors, including high crude oil prices, yen depreciation, US policy trends, Russia's invasion of Ukraine, and weather conditions.」
In addition to the previously identified high crude oil prices, yen depreciation, geopolitical factors, and weather conditions, it explicitly identifies US policy trends as a factor that could increase food prices and destabilize supply. - FY2025-H1WorsenedAnnual report
「In the food service industry, demand has remained firm, supported by the recovery in corporate entertainment expenses following tax reforms and an increase in inbound visitors, but a difficult operating environment is expected to continue as energy prices rise, raw material prices are expected to increase further due to continued yen depreciation and abnormal weather, and the labor supply shortage is becoming more severe.」
It identifies further increases in raw material prices caused by energy prices, yen depreciation, and abnormal weather, as well as the worsening labor supply shortage, as risks in the procurement and cost environment. - FY2025-Q1WorsenedAnnual report
「In the food service industry, demand has remained firm, supported by the recovery in corporate entertainment expenses following tax reforms and an increase in inbound visitors, but a difficult operating environment is expected to continue as energy prices rise, raw material prices are expected to increase further due to continued yen depreciation, and the labor supply shortage is becoming more severe.」
While describing demand as firm, it identifies rising energy prices, further increases in raw material prices due to yen depreciation, and the worsening labor supply shortage as risks in the procurement environment. - FY2024WorsenedAnnual report
「In Japan, economic conditions remain uncertain due to inflation caused by yen depreciation, logistics constraints associated with the 2024 problem, and a decline in the working-age population resulting from the declining birthrate and aging population.」
In addition to the previously identified yen depreciation, geopolitical risks, and surging raw material prices, it explicitly identifies logistics constraints resulting from the 2024 problem and the decline in the working-age population as factors affecting the procurement and supply environment. - FY2024-Q2WorsenedAnnual report
「Economic conditions remain uncertain due to continued increases in raw material and resource prices resulting from yen depreciation in the foreign exchange market, logistics constraints associated with the 2024 problem, and geopolitical risks arising from the prolonged Russia-Ukraine situation.」
In addition to the previously identified yen depreciation, geopolitical risks, and surging raw material prices, it explicitly identifies logistics constraints associated with the 2024 problem as a factor affecting the procurement and supply environment. - FY2024-Q1WorsenedAnnual report
「However, raw material and resource prices continue to rise due to yen depreciation in the foreign exchange market and geopolitical risks associated with the prolonged Russia-Ukraine situation, and economic conditions remain uncertain.」
It states that food procurement risks remain, with raw material and resource prices continuing to rise against the backdrop of yen depreciation, the prolonged Russia-Ukraine situation, and geopolitical risks. - FY2023-Q2WorsenedAnnual report
「In the food service industry, a difficult operating environment is expected to continue, with surging raw material prices, higher labor and utility costs, and continued weakness in consumer spending.」
It explicitly identifies surging raw material prices, higher labor and utility costs, and weak consumer spending, specifying the difficult procurement and cost environment. - FY2023-Q1RestatedAnnual report
「The outlook remains uncertain due to rising prices resulting from soaring global resource prices and the emergence of geopolitical risks caused by heightened international tensions.」
It continues to identify inflation caused by surging resource prices and geopolitical risks as external factors affecting food ingredients and the procurement environment. - FY2022WorsenedAnnual report
「Food procurement may face higher prices and unstable supply due to a combination of factors, including high crude oil prices, yen depreciation, Russia's invasion of Ukraine, and weather conditions.」
In addition to the previously identified risks relating to safety, raw material prices, and supply and demand fluctuations, it explicitly identifies high crude oil prices, yen depreciation, and Russia's invasion of Ukraine among the factors that could drive price increases and destabilize supply. - FY2020RestatedAnnual report
「However, if food safety issues or other circumstances arise, such as heightened volatility in food markets due to surging prices for various raw materials, they could affect the performance of our Group.」
It continues to identify procurement risks arising from food safety, supply and demand fluctuations, and surging raw material prices. - FY2019RestatedAnnual report
「Food safety is under particular scrutiny, as exemplified by residual pesticides and avian influenza, making it more important than ever to secure safe food ingredients.」
In addition to food safety, supply and demand fluctuations, and surging raw material prices, it continues to recognize procurement risks, citing residual pesticides and avian influenza as specific examples. - FY2018RestatedAnnual report
「However, if food safety issues or other circumstances arise, such as heightened volatility in food markets due to surging prices for various raw materials, they could affect the performance of our Group.」
It continues to recognize procurement risks arising from food safety, supply and demand fluctuations, and surging raw material prices. - FY2017RestatedAnnual report
「However, if food safety issues or other circumstances arise, such as heightened volatility in food markets due to surging prices for various raw materials, they could affect the performance of our Group.」
It continues to recognize procurement risks arising from food safety, supply and demand fluctuations, and surging raw material prices. - FY2016First statedAnnual report
「If food safety issues or other circumstances arise, such as heightened volatility in food markets due to surging prices for various raw materials, they could affect the performance of our Group.」
It identifies food safety, supply and demand fluctuations caused by weather and demand, and surging raw material prices as integrated procurement risks.