Increased operating costs for member stores due to soaring electricity and other charges
First written in FY2023-Q2. 6 of 10 entries say "Restated". Latest entry: 2026-04-09.
Three F moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 7 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- 2026-04-09WorsenedRevision of earnings forecasts
「In addition to the continued trend of yen depreciation and higher raw-material prices, rising personnel, energy and logistics costs have increased the cost burden.」
The company explicitly identifies higher personnel, energy and logistics costs, in addition to raw-material prices, as increasing the cost burden. - FY2026-H1RestatedAnnual report
「In the convenience store industry, the further expansion of inbound demand has helped attract customers to some stores, while store operating costs continue to rise because of higher labor and utilities expenses, and the difficult operating environment continues.」
While indicating an opportunity to attract customers through growing inbound demand, the company maintains its risk assessment that store operating costs will continue to rise due to higher personnel and utility expenses, among other factors. - FY2025-H1RestatedAnnual report
「In the convenience store industry, inbound demand increased further, but some people are avoiding leisure activities because of overtourism and other factors. As sales growth trends slow from the previous year's level, the difficult operating environment continues, requiring stores to address rising operating costs due to labor shortages and other factors.」
The company reiterates its view that the operating environment will remain challenging, with action needed to address slowing sales growth, labor shortages and higher store operating costs despite increased inbound demand. - FY2025-Q1RestatedAnnual report
「In the convenience store industry, inbound demand increased further, but some people are avoiding leisure activities because of overtourism and other factors. As sales growth trends slow from the previous year's level, the difficult operating environment continues, requiring stores to address rising operating costs.」
The company maintains its view that the operating environment will remain challenging, with action needed to address slowing sales growth and higher store operating costs despite increased inbound demand. - FY2024WorsenedAnnual report
「In addition, operating revenue is expected to decline due to the reversal of weather-related factors, while store operating costs are expected to increase further due to higher utility expenses following the end of the government program to mitigate sharp electricity and gas price increases.」
In addition to the expected decline in operating revenue due to the reversal of weather-related factors, the company has specified further drivers of higher store operating costs, including increased utility expenses following the end of the government’s program to mitigate sharp electricity and gas price increases. - FY2024-Q3RestatedAnnual report
「In the convenience store industry, the recovery in pedestrian traffic has brought back consumption patterns focused on convenience, and sales have exceeded pre-pandemic levels. However, customer numbers have been slow to recover because of higher prices and changes in spending patterns following the pandemic, while the difficult operating environment continues, requiring stores to address rising operating costs resulting from higher utilities and labor expenses.」
The company again states that although sales exceed pre-pandemic levels, action is needed to address store operating costs affected by the delayed recovery in customer numbers and higher utility and personnel expenses, among other factors. - FY2024-Q2RestatedAnnual report
「In the convenience store industry, the recovery in pedestrian traffic has brought back consumption patterns focused on convenience, and sales have exceeded pre-pandemic levels. However, customer numbers have been slow to recover because of higher prices and changes in spending patterns following the pandemic, while the difficult operating environment continues, requiring stores to address rising operating costs resulting from higher utilities and labor expenses.」
The company again states that although sales exceed pre-pandemic levels, action is needed to address store operating costs affected by the delayed recovery in customer numbers and higher utility and personnel expenses, among other factors. - FY2024-Q1RestatedAnnual report
「In the convenience store industry, the recovery in pedestrian traffic has brought back consumption patterns focused on convenience, and sales have exceeded pre-pandemic levels. However, customer numbers have been slow to recover because of higher prices and changes in spending patterns following the pandemic, while the difficult operating environment continues, requiring stores to address rising operating costs resulting from higher utilities and labor expenses.」
While recognizing the recovery in foot traffic and sales exceeding pre-pandemic levels, the company continues to state that action is needed to address store operating costs affected by the delayed recovery in customer numbers and higher utility and personnel expenses, among other factors. - FY2023-Q3WorsenedAnnual report
「In the convenience store industry, sales are recovering toward pre-pandemic levels as foot traffic returns, but the operating environment remains challenging, with store operating costs rising significantly due to higher utility and personnel expenses, among other factors.」
The company states that although sales have improved as foot traffic recovers, store operating costs have risen significantly due to higher utility and personnel expenses, among other factors, making the cost-increase risk related to the franchisee expense burden more specific. - FY2023-Q2First statedAnnual report
「To ease the expense burden on franchisees caused by soaring electricity rates and other costs, we have implemented various special support measures tailored to the circumstances of individual stores in addition to the headquarters support stipulated in the franchise agreements, and have taken measures to minimize the impact on “franchisee profit.”」
The company has identified as a new risk the situation in which soaring electricity rates and other costs create an expense burden for franchisees and raise concerns about the impact on “franchisee profit.”