Food Service Market Slump Due to Declining Inbound Demand and Cooling Consumer Sentiment
First written in FY2021-Q3. 5 of 14 entries say "Restated". Latest entry: FY2027-H1.
Just Planning moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 33 of 49 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「The food-service industry is required to address chronic labor shortages and rising costs, and demand for operational efficiency and digital transformation (DX) is increasing further.」
The examples cited for challenges facing the food-service market have shifted from the infection, inbound demand and consumer sentiment to chronic labor shortages, rising costs, and demand for operational efficiency and DX. - FY2025MitigatedAnnual report
「As COVID-19 moved toward containment, the infection had a significant impact on consumer behavior.」
The company describes COVID-19 as moving toward containment, indicating that the constraints imposed on the food-service market by the infection are easing. - FY2025-H1MitigatedAnnual report
「During the current interim consolidated accounting period, restrictions on activity resulting from COVID-19 were lifted and demand showed some recovery, but store costs continued to rise due to the weaker yen and higher energy prices.」
The company describes the lifting of COVID-19-related restrictions and some recovery in demand, indicating that the constraints imposed on the food-service market by the infection have eased, while also describing higher costs due to the weaker yen and higher energy prices. - FY2025-Q1RestatedAnnual report
「During the cumulative period of the first quarter of the current fiscal year, Japan's economy saw restrictions on activity associated with COVID-19 progressively relaxed, and economic activity showed signs of a gradual recovery.」
The company describes the relaxation of restrictions on activity and the recovery in economic activity, continuing to indicate that the constraints imposed on the food-service market by the infection are easing. - FY2024-Q3RestatedAnnual report
「During the cumulative period of the third quarter of the current fiscal year, Japan's economy saw restrictions on economic activity resulting from COVID-19 eased, and economic activity also showed signs of a gradual recovery.」
The company continues to state that restrictions on economic activity resulting from COVID-19 have eased and that economic activity is gradually recovering. - FY2024-Q2RestatedAnnual report
「During the cumulative period of the second quarter of the current fiscal year, Japan's economy saw restrictions on economic activity resulting from COVID-19 eased, and economic activity also showed signs of a gradual recovery.」
The company continues to state that restrictions on economic activity resulting from COVID-19 have eased and that economic activity is gradually recovering. - FY2024-Q1MitigatedAnnual report
「As restrictions on activity associated with COVID-19 were progressively relaxed, economic activity showed signs of a gradual recovery.」
The company describes the relaxation of restrictions on activity and the recovery in economic activity, indicating that the constraints imposed on the food-service market by the infection are easing. At the same time, it states that uncertainty remains regarding raw material prices and financial markets. - FY2023-Q2RestatedAnnual report
「Although the spread of measures such as priority preventive measures aimed at preventing the spread of the infection has been lifted amid an increase in variants of the infection, with which our group is primarily involved, the effects of the infection continue to affect the food-service industry.」
The company continues to state that the effects of COVID-19 remain in the food-service industry despite the increase in variants and the lifting of the measures. - FY2023-Q1ReframedAnnual report
「Although the spread of measures such as priority preventive measures aimed at preventing the spread of the infection has been lifted amid an increase in variants of the infection, with which our group is primarily involved, the effects of the infection continue to affect the food-service industry.」
The description of risks facing the food-service industry has shifted from lower inbound demand and weaker consumer sentiment to the increase in variants and the continuing effects of the infection even after the lifting of priority preventive measures. - FY2022RestatedAnnual report
「Difficult conditions requiring close monitoring continue due to repeated declarations of a state of emergency associated with the resurgence of the infection.」
The company continues to describe the difficult conditions in the food-service industry caused by repeated states of emergency and other measures. - FY2022-Q2WorsenedAnnual report
「Although requests to suspend operations and shorten business hours and measures prohibiting the serving of alcoholic beverages aimed at preventing the spread of the infection were temporarily relaxed while the state of emergency was lifted, difficult conditions requiring close monitoring continue in the food-service industry due to repeated declarations of a state of emergency following the resurgence of the infection.」
Even after the temporary relaxation of requests to suspend operations and shorten business hours and measures prohibiting the serving of alcoholic beverages, difficult conditions continue in the food-service industry due to repeated states of emergency associated with the resurgence of the infection. - FY2022-Q1WorsenedAnnual report
「Although requests to suspend operations and shorten business hours aimed at preventing the spread of the infection were temporarily relaxed in the food-service industry, with which our group is primarily involved, difficult conditions requiring close monitoring continue as businesses have been required to shorten their operating hours following the issuance of the second and third states of emergency prompted by the resurgence of the infection.」
Even after the temporary relaxation of requests to suspend operations and shorten business hours, difficult conditions continue in the food-service industry due to the second and third states of emergency and requests for shorter operating hours associated with the resurgence of the infection. - FY2021WorsenedAnnual report
「Although requests to suspend operations and shorten business hours aimed at preventing the spread of the infection were temporarily relaxed in the food-service industry, with which our group is primarily involved, difficult conditions requiring close monitoring continue due to requests to refrain from going out following the resurgence of the infection since the end of last year.」
Even after the temporary relaxation of requests to suspend operations and shorten business hours, difficult conditions continue in the food-service market due to the resurgence of the infection since year-end and requests to refrain from going out. - FY2021-Q3First statedAnnual report
「Although requests to suspend operations and shorten business hours aimed at preventing the spread of the infection have been relaxed in the food-service industry, with which our group is primarily involved, difficult conditions requiring close monitoring continue due to lower inbound demand and weaker consumer sentiment.」
The company states that difficult conditions continue in the food-service industry due to lower inbound demand and weaker consumer sentiment even after requests to suspend operations and other restrictions were relaxed.