Cost burden from labor shortages and rising raw material prices
First written in FY2018. 8 of 18 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.
Kitabo moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 75 of 116 companies on the "Worse" side.
44 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The international economic environment remained unstable, amid developments in North American trade and tariff policies, the prolonged situation in Ukraine, China's economic stagnation, rising political and diplomatic tensions caused by deteriorating Japan-China relations, and increasing upward pressure on resource and energy prices.」
In addition to the existing pressures from resource and energy prices, labor shortages, and rising labor costs, tariff policies, deteriorating Japan-China relations, and geopolitical tensions became additional sources of instability for costs and the business environment. - FY2026-H1WorsenedAnnual report
「In the Japanese economy, economic conditions continued to recover gradually, supported by a recovery in corporate capital investment and the effects of various economic policies to improve employment and income conditions. However, concerns remained that downside risks to overseas economies, the impact of U.S. tariff policy, and continued increases in prices and interest rates would directly or indirectly affect corporate economic activity and personal consumption, and the uncertain situation continued.」
U.S. tariff policy, continued increases in prices and interest rates, and downside risks to overseas economies have been added and explicitly identified as factors of concern for corporate activity and personal consumption. - FY2024RestatedAnnual report
「Although the full-scale recovery of automobile production in the latter half drove economic conditions, various operating challenges continue to surround companies, including a sharp rise in energy and transportation costs associated with surging resource prices, sharp exchange-rate fluctuations, nationwide labor shortages, and rising labor costs.」
The cost burden from energy and transportation costs, material prices, exchange-rate fluctuations, labor shortages, and rising labor costs has continued. - FY2024-Q3RestatedAnnual report
「In the Japanese economy, various operating challenges continue to surround companies, including a sharp rise in energy and transportation costs associated with surging resource prices, higher prices for various materials, sharp exchange-rate fluctuations, nationwide labor shortages, and rising labor costs.」
The cost burden from higher energy, transportation, and material prices, exchange-rate fluctuations, labor shortages, and rising labor costs has continued. - FY2024-Q2RestatedAnnual report
「In the Japanese economy, companies continue to face various operating challenges, including a prolonged weak yen market due to the Japan-U.S. interest rate differential, sharp rises in energy and transportation prices associated with surging resource prices, higher prices for various materials, nationwide labor shortages, and rising labor costs.」
The cost burden from higher energy, transportation, and material prices, labor shortages, and rising labor costs has continued. - FY2023WorsenedAnnual report
「In the Japanese economy, economic conditions showed a gradual recovery as efforts progressed to balance measures against COVID-19 with the normalization of socioeconomic activity. However, the operating environment remained too uncertain for optimism due to the sharp rise in energy prices associated with surging resource prices and higher raw material prices.」
Economic conditions showed signs of recovery, but the sharp rise in energy prices associated with higher resource prices and higher raw material prices continued. - FY2023-Q3WorsenedAnnual report
「In the Japanese economy, economic conditions showed a gradual recovery as efforts progressed to balance measures against COVID-19 with the normalization of socioeconomic activity. However, the operating environment remained uncertain due to the sharp rise in energy prices associated with surging resource prices and higher raw material prices.」
Economic conditions showed signs of recovery, but the sharp rise in energy prices associated with higher resource prices and higher raw material prices continued, increasing the risk of a cost burden. - FY2023-Q2WorsenedAnnual report
「In the Japanese economy, the impact of COVID-19 gradually eased and economic activity was expected to return to normal, but the situation remained uncertain due to a sharp rise in energy prices associated with surging resource prices and higher raw material prices.」
The sharp rise in energy prices associated with surging resource prices and higher raw material prices continued, further increasing the risk of a cost burden. - FY2023-Q1WorsenedAnnual report
「In the Japanese economy, corporate production activity and capital investment remained solid, while personal consumption continued to show sluggish growth amid surging raw material prices and higher energy costs associated with rising resource prices.」
Surging raw material prices, higher resource prices, and rising energy costs continued, and were identified as factors increasing the cost burden while personal consumption remained sluggish. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, the Japanese economy remained in extremely challenging conditions due to the prolonged impact of the novel coronavirus disease, higher prices for equipment and materials including packaging materials resulting from higher crude oil prices amid the Russia-Ukraine conflict, rising transportation costs and difficulties securing new personnel.」
In addition to the existing cost burden from raw material prices and labor shortages, higher prices for materials and equipment, including packaging materials, transportation costs, and difficulties securing new personnel became part of the actual operating environment. - FY2022-Q3WorsenedAnnual report
「Sales of fabrics to the Middle East began shipping products for next season's Ramadan sales in November 2021, but shortages of containers and surging logistics costs have delayed product processing and shipment.」
In addition to the existing cost burden, container shortages and surging logistics costs actually arose, resulting in delays in product processing and shipment. - FY2020MaterialisedAnnual report
「The Spinning Business secured solid orders in the first half, but unfortunately continued to face a shortage of personnel for production, preventing it from achieving the planned production volume.」
The personnel shortage actually resulted in production falling short of plan. The company explained that the labor issue had been resolved in the second half. - FY2020-Q1MaterialisedAnnual report
「Cost conditions remained difficult as material costs, including cardboard, and maintenance costs for machinery components increased, while the shift toward more product types in smaller lots intensified due to the subdivision of order quantities, preventing efficient production.」
Higher material costs and machinery component maintenance expenses actually arose and, together with the shift toward a wider variety of products in smaller lots, are squeezing efficient production and earnings. - FY2019MaterialisedAnnual report
「In terms of costs, electricity, labor, and materials-related expenses increased, preventing us from generating earnings as planned.」
The cost burden from higher electricity, labor, and materials-related expenses actually arose, hindering the securing of earnings. - FY2019-Q3MaterialisedAnnual report
「The company struggled with soaring material and component costs and securing labor, preventing it from achieving efficient production and securing profitability.」
Higher material and component costs and cost and production burdens caused by difficulties securing labor actually arose, hindering efficient production and the securing of earnings. - FY2019-Q2MaterialisedAnnual report
「Surging crude oil prices, rising labor costs, and increased logistics costs associated with disaster response are squeezing corporate earnings, making it difficult to say unequivocally that economic conditions are improving.」
The company explained that higher crude oil prices, labor costs, and logistics costs associated with disaster response were in fact squeezing corporate earnings. - FY2019-Q1MaterialisedAnnual report
「Manufacturing costs, including electricity charges, rose. Although the company reviewed processing fees charged to customers, it was unable to offset the full increase, resulting in a significant burden.」
The company states that the previously anticipated increase in the cost burden on companies has materialized through higher manufacturing costs, including electricity charges, and costs that could not be fully offset even after prices were revised. - FY2018First statedAnnual report
「However, the increasing cost burden on companies, including worsening labor shortages and rising raw material prices, is a concern that could restrain economic growth.」
The company first explicitly identified the increasing cost burden on companies caused by worsening labor shortages and rising raw material prices as a concern that could restrain economic growth.