Sluggish Personal Consumption and Cross-Industry Competition
First written in FY2017-Q1. 18 of 28 entries say "Reframed", first in FY2017-Q2. Latest entry: FY2027-H1.
HIDAY HIDAKA Corp. moved to the "Worse" side of this theme in 2018, 2 years before 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
「In the food service industry, tourism spending and inbound demand have remained firm, but the operating environment remains challenging due to continued increases in food ingredient prices, construction costs associated with new store openings and renovations, and personnel-related costs amid labour shortages, as well as the impact of natural disasters such as earthquakes and torrential rain.」
The disclosure indicated firm demand from tourism spending and inbound visitors, while citing food ingredient prices, construction costs, personnel-related costs, and the impact of natural disasters such as earthquakes and torrential rain as factors contributing to the challenging environment in the food service industry. - FY2026ReframedAnnual report
「In the restaurant industry, demand has remained firm due to increased inbound consumption. However, the operating environment remains challenging, with rising raw-material prices, labor and recruitment-related costs, and construction and equipment costs for stores.」
While indicating that food service demand remained solid, the description adds recruitment expenses and store construction and equipment costs to the previously cited food ingredient prices and labor costs as factors contributing to the challenging environment. - 2026-04-10ReframedEarnings
「In the restaurant industry, demand has remained firm due to increased inbound consumption. However, the operating environment remains challenging, with rising raw-material prices, labor and recruitment-related costs, and construction and equipment costs for stores.」
While noting firm demand, the company specifically cited store construction and equipment costs and recruitment-related expenses as cost pressures. - FY2026-H1ReframedAnnual report
「In the food service industry, sales of cold menu items and beer and other alcoholic beverages were strong amid record heat in the second quarter, and demand remained solid due to increased inbound demand. However, the operating environment remains challenging as food ingredient prices, construction costs associated with new store openings and renovations, and labor-related costs resulting from labor shortages continue to rise.」
While indicating that food service demand remained solid due to inbound demand and other factors, the description identifies food ingredient prices, construction costs for new store openings and renovations, and rising labor-related costs as factors contributing to the challenging environment. - FY2025ReframedAnnual report
「In the food service industry, demand has remained solid, supported by the recovery in foot traffic and inbound consumption. However, the operating environment remains challenging as store operating costs, including labor and recruitment expenses due to chronic labor shortages, food ingredient prices, transportation costs, and utility expenses, continue to increase.」
The discussion has shifted from a focus on stagnant personal consumption and intensifying competition to a description that combines a recovery in demand driven by foot traffic and inbound demand with rising costs related to labor shortages, food ingredients, logistics, and utilities. - FY2025-Q1ReframedAnnual report
「Corporate earnings generally improved, employment and income conditions showed signs of improvement, and personal consumption recovered but remained weak. As a result, the economy recovered gradually, although it also showed signs of stalling. Meanwhile, uncertainty about the outlook persists, amid the yen’s depreciation, a greater tendency to economize due to rising prices, and concerns over weakening consumer sentiment.」
The description cites the lack of strength in the recovery of personal consumption and concerns over a greater tendency to economize and weakening consumer sentiment due to rising prices as factors in the demand environment. - FY2024-Q3ReframedAnnual report
「Although customer traffic in the food service industry has been steadily recovering due to the recovery in foot traffic, the return of various events for the first time since before the COVID-19 pandemic, increased opportunities to go out, and the number of visitors to Japan exceeding pre-pandemic levels for the first time in October, challenging conditions continue due to rising food ingredient prices and higher labor-related costs resulting from labor shortages.」
The description indicates a recovery in customer traffic due to the recovery in foot traffic, the return of events, and growth in the number of visitors to Japan, while identifying higher food ingredient prices and labor-related costs resulting from labor shortages as factors contributing to the challenging environment in the food service industry. - FY2024-Q2ReframedAnnual report
「Although customer traffic in the food service industry has been steadily recovering due to the recovery in foot traffic and the return of various events for the first time since before the COVID-19 pandemic, challenging conditions continue due to changes in lifestyles and patterns of behavior during the pandemic, rising food ingredient prices, and higher labor-related costs resulting from labor shortages.」
The description indicates a recovery in customer traffic due to the recovery in foot traffic and the return of events, while identifying changes in lifestyles and patterns of behavior, food ingredient prices, and labor-related costs as factors contributing to the challenging environment in the food service industry. - FY2024-Q1ReframedAnnual report
「Although customer traffic in the food service industry has been steadily recovering as economic activity normalizes, challenging conditions continue due to changes in lifestyles and patterns of behavior during the COVID-19 pandemic, rising food ingredient prices, and higher labor-related costs resulting from labor shortages.」
The description indicates a recovery in customer traffic, while citing changes in lifestyles and patterns of behavior during the COVID-19 pandemic, food ingredient prices, and labor-related costs as factors contributing to the challenging environment in the food service industry. - FY2023-Q3ReframedAnnual report
「The food service industry also continued to face challenging conditions due to changes in lifestyles during the COVID-19 pandemic and rising labor-related costs resulting from labor shortages.」
The discussion of the challenging conditions in the food service industry has been organized around changes in lifestyles during the COVID-19 pandemic and cost increases mainly resulting from labor shortages. - FY2022WorsenedAnnual report
「In the food service industry to which our company belongs, the number of customers visiting stores was significantly affected by shortened business hours as the spread and containment of COVID-19 repeatedly occurred. Although the repeatedly issued state of emergency was lifted in September 2021, challenging conditions continued as a result of requests to shorten business hours and refrain from serving alcoholic beverages following the rapid spread of infections caused by the Omicron variant.」
The description states that customer traffic in the food service industry was affected by shortened business hours and that challenging conditions continued due to requests to shorten business hours and refrain from serving alcoholic beverages following the spread of the Omicron variant. - FY2022-Q3ReframedAnnual report
「Personal consumption began to show signs of recovery as restrictions on travel and going out were eased following the lifting of repeated declarations of a state of emergency and priority preventive measures. However, infections with new variants continued to spread globally, and uncertainty about the outlook persisted.」
The description shifted to indicate signs of a recovery in personal consumption due to the easing of restrictions on going out, while continuing to identify the spread of infections with new variants as a risk making the outlook uncertain. - FY2022-Q2RestatedAnnual report
「The spread of COVID-19 had an unprecedentedly significant impact on the food service industry. In response to requests from the government and local authorities, our company was forced to refrain from serving alcoholic beverages and temporarily close some stores or shorten their business hours.」
The food service industry and our stores continue to be affected by refraining from serving alcoholic beverages, temporary closures, and shortened business hours. - FY2021WorsenedAnnual report
「The food service industry was also significantly affected, to an extent unprecedented in comparison with the past, as consumption activity declined rapidly due to refraining from going out, shortened business hours, refraining from serving alcoholic beverages, and the cancellation of events and other activities associated with the state of emergency.」
The description explains that, in addition to competition from other industries and labor shortages, the food service industry was affected to an unprecedented extent by refraining from going out, shortened business hours, refraining from serving alcoholic beverages, and the cancellation of events. - FY2021-Q3WorsenedAnnual report
「The food service industry was also significantly affected, to an extent unprecedented in comparison with the past, by requests to refrain from going out, shorten business hours, and refrain from serving alcoholic beverages, as well as the cancellation of events, following the state of emergency issued in April. Even after the state of emergency was lifted in May, group dining was avoided due to changes in consumption habits based on the new lifestyle, and challenging conditions continued due to the impact of the renewed spread of infections.」
The description cites refraining from going out, shortened business hours, refraining from serving alcoholic beverages, avoidance of group dining, and the renewed spread of infections, explaining that difficult conditions for food service demand have continued. - FY2021-Q2WorsenedAnnual report
「Although the state of emergency was lifted in May, the recovery in economic activity remained sluggish as people continued to refrain from going out and avoided dining in groups.」
The description indicates that the recovery in food service demand was sluggish because people refrained from going out and avoided dining in groups. - FY2021-Q1WorsenedAnnual report
「The food service industry continued to face challenging conditions due to intensifying competition from other industries, labor shortages, and consumers’ continuing preference for lower prices and economizing following the consumption tax increase. In addition, the spread of COVID-19 led to requests to refrain from going out and to shorten business hours. Even after the state of emergency was lifted, people continued to refrain from going out and avoided dining in groups, leaving the outlook extremely uncertain.」
In addition to competition from other industries, labor shortages, and consumers’ preference for lower prices and economizing following the consumption tax increase, the discussion now includes refraining from going out, requests to shorten business hours, and avoidance of group dining, broadening the description of the difficult demand and competitive environment in the food service industry. - FY2020-Q3ReframedAnnual report
「The food service industry faced challenging conditions due to rising labor-related costs resulting from labor shortages, intensifying competition with other industries such as convenience stores and drugstores, and the difficult industry environment caused by the consumption tax increase, including the higher tax rate on food service.」
In addition to labor shortages and competition from other industries, the higher tax rate on food service resulting from the consumption tax increase is newly cited as a factor contributing to the challenging industry environment. - FY2020-Q1ReframedAnnual report
「The food service industry faced challenging operating conditions due to shrinking food demand resulting from population decline and the declining birth rate and aging population, the shift toward lower prices driven by consumers’ growing tendency to economize, intensifying competition with other industries such as convenience stores, drugstores, and department-store food halls, and rising labor-related costs resulting from chronic labor shortages.」
The discussion of risk factors has expanded from stagnant personal consumption and competition from other industries to shrinking food demand due to population decline and the declining birth rate and aging population, lower prices, and more specific competing business formats. - FY2019RestatedAnnual report
「In addition to store-opening plans and changes in business formats, our business performance may be affected by changes in consumer preferences or needs, intensifying competition with other companies, rising raw material prices, adverse weather conditions, natural disasters, declining sales at existing stores, and losses resulting from the closure of unprofitable stores.」
Factors affecting performance, including changes in consumer needs and intensifying competition with other companies, continue to be listed. - FY2018ReframedAnnual report
「In addition to store-opening plans and changes in business formats, our business performance may be affected by changes in consumer preferences or needs, intensifying competition with other companies, rising raw material prices, adverse weather conditions, natural disasters, declining sales at existing stores, and losses resulting from the closure of unprofitable stores.」
In addition to the previously cited factors of personal consumption and competition from other industries, a broader range of factors affecting performance is listed, including changes in consumer preferences and needs, intensifying competition, and declining sales at existing stores. - FY2018-Q1RestatedAnnual report
「The food service industry faced challenging conditions due to rising raw material prices and other costs, competition from other industries such as convenience stores, and rising labor-related costs, primarily because of labor shortages.」
The rise in raw material prices, competition from other industries, and higher labor-related costs resulting from labor shortages continue to be cited as factors behind the challenging environment in the food service industry. - FY2017RestatedAnnual report
「The food service industry faced challenging conditions due to rising raw material prices and other costs, competition from other industries, a declining working-age population, and rising labor-related costs.」
The same factors as in the previous quarter are cited in describing the challenging environment in the food service industry, including competition from other industries. - FY2017-Q3ReframedAnnual report
「The food service industry faced challenging conditions due to rising raw material prices and other costs, competition from other industries, a declining working-age population, and rising labor-related costs associated with the economic recovery.」
The discussion no longer directly refers to consumers’ tendency to economize or personal consumption, and instead cites raw material prices, the working-age population, and labor-related costs, in addition to competition from other industries. - FY2017-Q2ReframedAnnual report
「The food service industry faced challenging conditions due to consumers’ growing tendency to economize, competition from other industries such as convenience stores, and rising labor-related costs, primarily because of labor shortages.」
The description has shifted from stagnant personal consumption to consumers’ growing tendency to economize, explaining the same demand environment from the consumer side. - FY2017-Q1First statedAnnual report
「The food service industry faced challenging conditions due to sluggish personal consumption, competition from other industries such as convenience stores, and rising labor-related costs, primarily because of labor shortages.」
The challenging environment in the food service industry is attributed to sluggish personal consumption and competition from convenience stores and other industries.