Inbound Demand and Expansion of the Foodservice Market

「Demand for dining out remained generally firm against a backdrop of recovering foot traffic and expanding inbound demand.」

「The restaurant industry, which is a major customer of our Group, saw signs of recovering demand, but consumers continued to favor saving in response to rising prices. As a result, customer-attraction capabilities and pricing strategies by business format continued to have a significant impact on performance.」

「The restaurant industry, which is a major customer of our Group, generally saw firm foodservice demand, supported by the recovery in people flows and the expansion of inbound demand.」

「During the interim consolidated accounting period, Japan’s economy continued to show a gradual recovery in consumer activity, supported by increased inbound demand and rising wages.」

「Although difficult conditions continued because of soaring raw material prices and utilities costs and rising labor expenses, a recovery in customer numbers driven by the recovery in inbound demand also began to emerge, and the market as a whole showed a recovery trend.」

「Although the food service industry, a major customer industry for the group, has continued to face challenging conditions due to soaring raw material prices and utility costs, as well as rising labor costs, customer traffic has begun to recover as inbound demand recovers, and the industry showed an overall gradual recovery trend.」

「Although the food service industry, a major customer industry for the group, has continued to face challenging conditions due to soaring raw material prices and utility costs, as well as rising labor costs, customer traffic has begun to recover as inbound demand recovers, and the industry showed an overall gradual recovery trend.」

「A recovery in customer numbers driven by the recovery in inbound demand also began to emerge, and the market as a whole showed a gradual recovery trend.」

「The operating environment has remained challenging in the food service industry, a major customer industry for the group, despite the lifting of business restrictions related to COVID-19, due to lower consumer sentiment resulting from the seventh wave of infections, soaring raw material prices and utility costs caused in part by the weaker yen, and higher labor costs, among other factors.」

「The operating environment has remained challenging in the food service industry, a major customer industry for the group, due to the renewed spread of infections after priority preventive measures were fully lifted in March, soaring resource and raw material procurement prices, and higher labor costs resulting from hourly wage increases to secure personnel.」

「The restaurant industry, which is a major customer of our Group, remained in a difficult and uncertain environment, as the end of the spread of COVID-19 remained out of sight. Government and local authority priority measures to prevent the spread of the disease resulted in intermittent requests for restaurants to close, shorten their operating hours and refrain from serving alcoholic beverages. As a result, customer numbers did not recover and sales declined across the industry.」

「Meanwhile, the spread of COVID-19 has led to increased consumer demand for takeout and delivery, while restaurants have shown greater demand for locations in commuter suburbs in response. Business formats and location trends in Japan’s restaurant industry are changing significantly, and the industry is also undergoing a shift in its business structure to adapt to the new normal.」

「Consumer demand for takeout and delivery has increased, while restaurants' demand for locations in commuter suburbs has also risen in response. As trends in the formats and locations of domestic restaurants have changed significantly, the restaurant industry is also moving toward structural changes in its business models to adapt to the new normal.」

「Overall revenue has declined and a challenging, uncertain outlook has continued, as customer traffic has not recovered even after requests from the government and local authorities to refrain from going out and requests for temporary store closures and shorter operating hours related to the spread of COVID-19 were lifted.」

「The operating environment has remained challenging in the food service industry, a major customer industry for the group, as competition with companies in other industries has continued to intensify due to growing demand for takeout meals and increasingly diverse consumer preferences, while requests from the government and local authorities to refrain from going out and requests for temporary store closures and shorter operating hours have continued in connection with the spread of COVID-19.」

「The operating environment has remained challenging in the food service industry, a major customer industry for the group, due to rising personnel recruitment-related costs, intensifying competition among companies across industries and business formats resulting from increasingly diverse consumer preferences, and the severe impact of the COVID-19 pandemic.」

「In Japan's foodservice industry, momentum is building to pursue overseas markets, rather than remain confined to the saturated domestic market, against the backdrop of growing interest in Japanese cuisine.」

「In addition, as the foodservice market continues to expand, the company has worked to capture demand aligned with those needs.」

「The environment surrounding service businesses, particularly restaurants, is expected to remain challenging. Sales have remained strong amid improving consumer sentiment from the economic recovery, but increasingly intense competition among companies across industries and business formats due to greater consumer diversification, rising labor costs caused by increasingly difficult hiring, and other factors have made it harder to secure talent.」

「Restaurants and other businesses continue to show strong appetite for opening new locations, and responding to that demand resulted in higher revenue.」

「In addition, the foodservice market continues to expand, resulting in higher revenue.」

「As the foodservice market continues to expand, the company sought to capture demand aligned with those needs.」

「The environment surrounding store-based service businesses, particularly restaurants, is expected to remain challenging. Sales have remained strong amid improving consumer sentiment from the economic recovery, but competition among companies across industries and business formats due to increasingly diverse consumers, rising labor costs caused by increasingly difficult hiring, and other factors have made it harder to secure talent.」

「The restaurant industry, which comprises the Group's key customers, has maintained strong sales amid improving consumer sentiment accompanying the economic recovery. However, the operating environment remains challenging due to rising labor-related costs caused by competition for talent and increasingly difficult hiring conditions, rising raw material prices due to unfavorable weather, changing patterns of consumer behavior stemming from greater consumer diversification, and intensifying competition among companies across industries and business formats.」

「The foodservice industry, which comprises the Group's key customers, has maintained strong sales amid improving consumer sentiment accompanying the economic recovery, but labor costs have continued to rise due to competition for talent and increasingly difficult hiring conditions.」

「The foodservice industry, which comprises the company's key customers, has begun to expand in market size, driven by increased household spending on dining out and other factors, and has maintained strong sales.」

「The foodservice industry, which comprises the company's key customers, has maintained strong sales, supported by the continued strength of so-called inbound demand from visitors to Japan, increased household spending on dining out per person, and a recovery in personal consumption.」

「The market has begun to expand, driven by the continued strength of so-called inbound demand from visitors to Japan and an increase in household spending on dining out per person, among other factors.」