Raw Material Prices, Labor Shortages, and Rising Labor Costs
First written in FY2016. 11 of 26 entries say "Restated". Latest entry: 2026-08-06.
Kourakuen moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 41 of 48 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- 2026-08-06RestatedEarnings
「Meanwhile, increases in utility costs and food ingredient prices due to continuing inflation, higher store construction material prices caused by naphtha shortages, and higher personnel-related costs associated with labor shortages have continued, and the business environment remains challenging.」
The Company continued to describe increases in utility costs, food ingredient prices, construction material prices and personnel-related costs, along with labor shortages, as contributing to the persistently challenging business environment. - FY2026WorsenedAnnual report
「Store operating costs have increased due to higher food ingredient prices, including rice prices, which have continued to rise since the year before last, elevated construction material prices, and higher labor-related costs associated with wage increases and labor shortages. The operating environment therefore remains difficult.」
Higher food ingredient prices, including rice prices, construction material prices and labor-related costs have continued to result in higher store operating costs. - 2026-05-13WorsenedEarnings
「Store operating costs have risen because of increases in the prices of food ingredients, including rice, which have continued since the year before last, persistently high prices for store construction materials, and higher personnel-related costs due to wage increases and labor shortages. The business environment therefore remains challenging.」
The Company described continued increases in food ingredient prices, including rice, construction material prices and personnel-related costs as contributing to the persistently challenging business environment. - FY2025RestatedAnnual report
「However, the food service industry continues to face a difficult operating environment due to soaring raw material, logistics and utility costs resulting from geopolitical risks including the weaker yen and the Russia-Ukraine situation, as well as labor shortages caused by hiring difficulties and higher labor costs.」
The company continues to disclose higher raw material, logistics, utility and labor costs and labor shortages as factors contributing to the difficult operating environment. - FY2025-H1WorsenedAnnual report
「However, the company continues to face a difficult operating environment in which it cannot pass on to product prices the increases in store operating costs, including raw material and utility costs, resulting from elevated resource prices due to unstable international conditions, or the increases in labor-related costs resulting from higher minimum wages and labor shortages.」
In addition to higher raw material, utility and labor-related costs, the company explicitly states that it is unable to pass these increases on to product prices, indicating that cost-increase risks remain severe. - FY2024-Q3RestatedAnnual report
「However, the business environment remains difficult, with raw material, utility and logistics costs staying elevated for an extended period and labor-related costs rising due to labor shortages.」
The company continues to identify elevated raw material, utility and logistics costs and higher labor-related costs due to labor shortages as factors contributing to the difficult business environment. - FY2024-Q1WorsenedAnnual report
「The food service industry continues to face a very difficult operating environment due to a substantial increase in store operating costs, including raw material, utility and logistics costs, in addition to higher labor-related costs resulting from labor shortages.」
The company states that substantial increases in labor shortages, labor costs, raw material costs, utility costs and logistics costs continued and were reflected in the operating loss for the first quarter. - FY2023MaterialisedAnnual report
「The food service industry continues to face a very difficult operating environment due to a substantial increase in store operating costs, including raw material, utility and logistics costs, in addition to higher labor-related costs resulting from labor shortages.」
Continued increases in labor shortages, labor costs, raw material costs, utility costs and logistics costs were reflected in the results as an operating loss and the continuation of an operating loss. - FY2023-Q3MaterialisedAnnual report
「In addition to higher labor-related costs due to labor shortages, store operating costs, including raw material, utility and logistics costs, increased, and the company continued to record an operating loss in the consolidated third-quarter accounting period.」
The company states that higher labor-related costs associated with labor shortages and higher raw material, utility and logistics costs actually occurred and resulted in the continued operating loss. - FY2023-Q2MaterialisedAnnual report
「Revenue has been recovering as the number of infections peaked in August, but the company continued to record an operating loss in the consolidated second-quarter accounting period as store operating costs, including raw material, utility and labor costs, increased.」
The company states that higher store operating costs, including raw material, utility and labor costs, actually occurred and resulted in the continued operating loss in the consolidated second-quarter accounting period. - FY2023-Q1Continued Cost InflationAnnual report
「Although the quasi-emergency measures to prevent the spread of disease were lifted in March 2022, the food service industry continues to face a difficult operating environment due to higher costs, including raw material costs.」
The company states that the difficult operating environment continued after the quasi-emergency measures to prevent the spread of disease were lifted, against a backdrop of higher costs including raw material costs. - FY2022RestatedAnnual report
「The food service industry continues to face difficult conditions, with competition intensifying across industries and business formats against a backdrop of the declining birthrate and population aging, while consumers continue to prefer lower prices and labor shortages persist at stores and in logistics.」
The company continues to identify competition across industries and business formats, consumers’ preference for lower prices and labor shortages at stores and in logistics as external factors contributing to the difficult operating environment. - FY2020-Q3Additional external environmental factorsAnnual report
「The food service industry continues to face a difficult operating environment due to intensifying competition across industries and business formats, consumers’ preference for lower prices and competition to secure personnel against a backdrop of social structural changes, including the declining birthrate, population aging and work-style reforms, consumers’ growing focus on protecting their household finances, and the consumption tax increase.」
In addition to the previously identified social structural changes, consumers’ preference for lower prices and competition to secure personnel, the company explicitly identifies the consumption tax increase as a factor behind the difficult environment in the food service industry. - FY2020-Q2RestatedAnnual report
「The food service industry continues to face a difficult operating environment due to intensifying competition across industries and business formats, consumers’ preference for lower prices and labor shortages against a backdrop of social structural changes, including the declining birthrate, population aging and work-style reforms, as well as issues related to pensions and retirement funds.」
The company continues to identify social structural changes, issues related to pensions and retirement funds, intensifying competition, consumers’ preference for lower prices and labor shortages as factors contributing to the difficult environment in the food service industry. - FY2020-Q1Additional background factorsAnnual report
「The food service industry continues to face a difficult operating environment due to intensifying competition across industries and business formats, labor shortages and consumers’ continuing preference for lower prices against a backdrop of social structural changes, including the declining birthrate, population aging and work-style reforms, as well as issues related to pensions and retirement funds.」
In addition to the previously identified intensifying competition, labor shortages and preference for lower prices, the company explicitly identifies issues related to pensions and retirement funds as factors behind the difficult environment in the food service industry. - FY2019-Q3RestatedAnnual report
「The food service industry continues to face a difficult operating environment due to higher raw material and logistics costs, as well as intensifying competition for customers and personnel across industries and business formats against a backdrop of social structural changes and consumers’ growing focus on protecting their household finances.」
The company continues to identify higher raw material and logistics costs and intensifying competition to secure customers and personnel as factors contributing to the difficult operating environment. - FY2019-Q2RestatedAnnual report
「The food service industry continues to face a difficult operating environment due to higher raw material, gasoline and logistics costs resulting from elevated crude oil prices and other factors, as well as intensifying competition between different industries for customers and personnel against a backdrop of social structural changes and consumers’ growing focus on protecting their household finances.」
The company continues to identify higher gasoline and logistics costs, in addition to higher raw material prices, and intensifying competition to secure customers and personnel as factors contributing to the difficult operating environment. - FY2019-Q1RestatedAnnual report
「The food service industry continues to face a difficult operating environment due to higher raw material and transportation costs resulting from elevated crude oil prices and other factors, as well as intensifying competition for customers and personnel across industries and business formats against a backdrop of social structural changes and consumers’ growing focus on protecting their household finances.」
The company continues to disclose higher raw material and transportation costs and competition to secure customers and personnel as factors contributing to the difficult operating environment. - FY2018MaterialisedAnnual report
「For the consolidated fiscal year, revenue was ¥38,576 million, up 2.0% from the previous consolidated fiscal year, but the company reported an operating loss of ¥72 million, compared with operating profit of ¥147 million in the previous consolidated fiscal year, and an ordinary loss of ¥114 million, compared with ordinary profit of ¥330 million, due to higher raw material prices and increased selling, general and administrative expenses.」
Higher raw material prices and increased selling, general and administrative expenses were reflected in the full-year results as an operating loss and an ordinary loss. - FY2018-Q3MaterialisedAnnual report
「As a result, revenue was ¥28,782 million, up 3.5% year on year, but operating profit fell 42.5% to ¥989 million due to higher manufacturing costs related to food safety and security, as well as higher labor and energy costs.」
Higher manufacturing costs related to food safety and security, labor costs and energy costs were reflected in the ramen business’s 42.5% decline in operating profit. - FY2018-Q2MaterialisedAnnual report
「As a result, revenue was ¥19,150 million, up 0.7% year on year, but operating profit fell 54.0% to ¥719 million due to higher labor and energy costs and a 5.4% increase in selling, general and administrative expenses associated with the increase in new store openings.」
Higher labor and energy costs and the increase in selling, general and administrative expenses associated with new store openings were reflected in the 54.0% decline in operating profit. - FY2018-Q1RestatedAnnual report
「The food service industry continues to face a difficult operating environment amid growing public concern about food safety and security, social structural changes including the declining birthrate, population aging and work-style reforms, intensifying competition for customers and personnel across industries and business formats, and the impact of consumers’ preference for economizing.」
The company continues to identify the declining birthrate and population aging, work-style reforms, consumers’ focus on protecting their household finances, competition to secure customers and personnel, and consumers’ preference for economizing as factors behind the difficult environment in the food service industry. - FY2017MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥542 million from the previous consolidated fiscal year to ¥27,446 million, up 2.0%, mainly due to higher hourly wages for part-time and temporary workers.」
Higher labor costs were reflected in full-year results as a factor behind the ¥542 million increase in selling, general and administrative expenses. - FY2017-Q3RestatedAnnual report
「The food service industry continues to face a difficult operating environment due to chronic labor shortages, soaring labor costs and consumers’ growing preference for economizing, which have intensified competition for customers and personnel across industries and business formats.」
The company continues to identify labor shortages, soaring labor costs, consumers’ preference for economizing and competition to secure customers and personnel as factors contributing to the difficult operating environment. - FY2017-Q1RestatedAnnual report
「The food service industry continues to face a difficult operating environment due to chronic labor shortages, soaring labor costs, consumers’ preference for economizing and growing demand for prepared meals, which have intensified competition for customers and personnel across industries and business formats.」
The company continues to identify labor shortages, soaring labor costs, consumers’ preference for economizing, demand for prepared meals and competition to secure customers and personnel as factors contributing to the difficult operating environment. - FY2016First statedAnnual report
「The food service industry continues to face a difficult operating environment, with growing public concern about food safety, soaring raw material prices, labor shortages and higher labor costs resulting from increased hourly wages for part-time and temporary workers.」
The company identified raw material prices, labor shortages and higher labor costs as factors contributing to the difficult operating environment during the period.