Risks to food ingredient procurement from weather, infectious diseases and foreign exchange
First written in FY2016. 7 of 13 entries say "Worsened", first in FY2018. Latest entry: 2026-08-14.
Watami moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 103 of 140 companies on the "Worse" side.
45 other companies' latest entry also says "Materialised".
- 2026-08-14MaterialisedResults
「また2026年２月に始まった米国とイランとの紛争やホルムズ海峡の封鎖による石油供給リスクが発生し、引き続き不確実性の高い経済環境が続いております。」
従来の地政学・原材料・エネルギー関連リスクに加え、石油供給リスクの発生を記載している。 - FY2026WorsenedAnnual report
「In addition, the conflict between the United States and Iran that began in February and the blockade of the Strait of Hormuz have created risks to oil supplies, and the highly uncertain economic environment continues.」
In addition to the existing raw material price, foreign exchange and geopolitical risks, the company has newly disclosed oil supply risks arising from the conflict between the United States and Iran and the blockade of the Strait of Hormuz. - 2026-05-13WorsenedResults
「また2026年２月に始まった米国とイランとの紛争やホルムズ海峡の封鎖による石油供給リスクが発生し、引き続き不確実性の高い経済環境が続いております。」
従来の地政学的リスク等に加え、米国とイランとの紛争およびホルムズ海峡封鎖による石油供給リスクを記載している。 - FY2025-H1RestatedAnnual report
「At the same time, changes in the external environment, including inflation caused by the rapid depreciation of the yen and increasing pressure for wage increases, could cause actual consumer trends to diverge from the assumptions of our group.」
The company continues to recognize external environmental risks, including the rapid depreciation of the yen, inflation and increasing pressure for wage increases. It explicitly states that there have been no material changes to its business and other risks. - FY2024-Q3WorsenedAnnual report
「At the same time, the situation remained uncertain, with the deterioration of conditions in the Middle East, raw material prices continuing to rise amid the prolonged Russian invasion of Ukraine, inflation driven by the rapid depreciation of the yen, and higher labor costs due to labor shortages. The restaurant industry as a whole also remained in a challenging external environment reflecting these economic conditions, with expenses such as food costs and labor costs increasing despite higher revenue from an increase in customer numbers. The situation overseas was similar.」
In addition to the existing concerns over higher raw material prices, the weaker yen and higher labor costs due to labor shortages, the deterioration of conditions in the Middle East has been added as an external concern, and the difficult cost environment continues. - FY2024-Q2RestatedAnnual report
「At the same time, the situation remained uncertain, with raw material prices continuing to rise amid the prolonged Russian invasion of Ukraine, inflation driven by the rapid depreciation of the yen, and higher labor costs due to labor shortages. The restaurant industry as a whole also remained in a challenging external environment reflecting these economic conditions, with expenses such as food costs and labor costs increasing despite higher revenue from an increase in customer numbers. The situation overseas was similar.」
The company continues to identify higher raw material prices, the weaker yen and higher labor costs due to labor shortages as external risks affecting food ingredient procurement and costs. - FY2024-Q1WorsenedAnnual report
「At the same time, the situation remained uncertain, with raw material prices continuing to rise amid the prolonged Russian invasion of Ukraine, inflation driven by the rapid depreciation of the yen, and higher labor costs due to labor shortages.」
In addition to the existing risks of food ingredient procurement difficulties and rising prices, cost increases due to the prolonged Russian invasion of Ukraine, the rapid depreciation of the yen and labor shortages have continued. - FY2023-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, Japan’s economy remained uncertain as efforts to bring the COVID-19 pandemic under control accelerated, while raw material prices continued to rise following Russia’s invasion of Ukraine and inflation driven by the rapid depreciation of the yen persisted.」
The company continues to identify higher raw material prices following Russia’s invasion of Ukraine and inflation caused by the rapid depreciation of the yen as external risks affecting food ingredient procurement and costs. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan’s economy remained uncertain as efforts to bring the COVID-19 pandemic under control accelerated, while raw material prices continued to rise following Russia’s invasion of Ukraine and inflation driven by the rapid depreciation of the yen persisted.」
In addition to the existing food ingredient procurement risks from weather, infectious diseases and foreign exchange, the company identifies higher raw material prices following Russia’s invasion of Ukraine and inflation caused by the rapid depreciation of the yen as external concerns. - FY2021RestatedAnnual report
「If food ingredient supply and demand become tight and procurement prices rise due to the spread of infectious diseases, abnormal weather, changes in suppliers’ operating environments, significant fluctuations in foreign exchange rates, natural disasters or other factors, this could adversely affect our consolidated performance. In addition, if globally restricted catches of species at risk of resource depletion make deliveries difficult worldwide, this could adversely affect our consolidated performance and financial position.」
The company continues to disclose food ingredient procurement risks arising from weather, infectious diseases, foreign exchange, natural disasters and resource constraints. - FY2020WorsenedAnnual report
「If the situation continues for an extended period or further infection spreads and develops into a pandemic, this could lead to a global economic downturn, higher raw material prices and difficulty securing raw materials, adversely affecting our consolidated performance.」
In addition to the existing food ingredient procurement risks from weather, infectious diseases and foreign exchange, the company explicitly identified higher raw material prices and difficulty securing materials due to the prolonged COVID-19 pandemic. - FY2018WorsenedAnnual report
「If food ingredient supply and demand become tight and procurement prices rise due to the spread of infectious diseases, abnormal weather, changes in suppliers’ operating environments, significant fluctuations in foreign exchange rates, natural disasters or other factors, this could adversely affect our consolidated performance. In addition, if globally restricted catches of species at risk of resource depletion make deliveries difficult worldwide, this could adversely affect our consolidated performance and financial position.」
In addition to the existing risks from weather, infectious diseases and foreign exchange, the company has added the risk of globally constrained deliveries due to resource depletion and catch restrictions. - FY2016First statedAnnual report
「If food ingredient supply and demand become tight and procurement prices rise due to the spread of infectious diseases, abnormal weather, changes in suppliers’ operating environments, significant fluctuations in foreign exchange rates, natural disasters or other factors, this could adversely affect our consolidated performance.」
The company lists external factors that could drive up food ingredient prices and make procurement more difficult as risks.