Constraints on Business Expansion Due to Labor Shortages and Soaring Labor Costs
First written in FY2019. 11 of 18 entries say "Restated". Latest entry: 2026-09-11.
NATTY SWANKY holdings moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 29 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「We hired a significant number of foreign nationals during the previous fiscal year. Japanese employees are generally expected to become fully independent after approximately 3 to 6 months of training, but we began to understand around the first half of the fiscal year ending January 2026 that foreign employees require approximately 6 to 12 months of training, starting from conversational Japanese. As a result, part-time labor costs at our stores increased and put pressure on profits.」
The company states that hiring foreign nationals to address labor shortages lengthened the training period, increasing part-time labor costs and putting pressure on profits. - FY2026-H1RestatedAnnual report
「However, the challenging operating environment continues due to soaring raw material, utility, and labor costs, as well as consumers' increasingly frugal spending habits resulting from continued inflation.」
Rising store operating costs, including higher labor costs, are identified as a factor contributing to the challenging environment surrounding the food-service industry. - FY2024-Q3RestatedAnnual report
「Store operating costs have remained elevated, including higher food and energy prices and rising labor costs due to labor shortages.」
Rising labor costs due to labor shortages and persistently high store operating costs are identified as ongoing business-environment risks. - FY2024-Q2RestatedAnnual report
「Although customer numbers have been steadily recovering as economic activity normalizes, the foodservice industry continues to face challenging conditions, including higher food ingredient prices and labor-related costs resulting from labor shortages.」
The company reiterates the continued risk surrounding the foodservice industry of higher labor-related costs resulting from labor shortages. - FY2024-Q1RestatedAnnual report
「Although the number of customers visiting foodservice establishments has shown signs of recovery, the industry continues to face challenging conditions due to rapid inflation and labor shortages in the economic environment described above.」
Labor shortages continue to be described as a factor contributing to the challenging operating environment in the foodservice industry. - FY2023RestatedAnnual report
「Skilled personnel are essential for the group to continue opening stores and expanding its business. If it is unable to secure and train such personnel, or if labor costs continue to rise sharply, this could affect the group's financial condition and operating results.」
The company continues to identify insufficient recruitment and training of personnel and soaring labor costs as risks affecting continued store openings and operating results. - FY2022RestatedAnnual report
「Skilled personnel are essential for the company to continue opening stores and expanding its business. If it is unable to secure and train such personnel, or if labor costs continue to rise sharply, this could affect its financial condition and operating results.」
The company continues to identify insufficient recruitment and training of personnel and soaring labor costs as risks affecting continued store openings and operating results. - FY2021RestatedAnnual report
「Skilled personnel are essential for the company to continue opening stores and expanding its business. If it is unable to secure and train such personnel, or if labor costs continue to rise sharply, this could affect its financial condition and operating results.」
The company continues to identify insufficient recruitment and training of personnel and soaring labor costs as risks affecting continued store openings and operating results. - FY2020RestatedAnnual report
「Labor shortages and soaring labor costs resulting from the decline in the working-age population and other factors are currently major problems for the Japanese economy as a whole.」
The company continues to recognize labor shortages, difficulty securing and training personnel, and soaring labor costs as risks to business expansion. - FY2020-Q4RestatedAnnual report
「Continued difficulty in recruiting, rising hourly wages for part-time and temporary workers, and higher labor-related costs against the backdrop of work-style reforms and labor shortages」
The company continues to describe difficulty in recruiting, labor shortages, and higher hourly wages for part-time and temporary workers and labor-related costs as business-environment issues. - FY2020-Q3RestatedAnnual report
「Continued difficulty in recruiting, rising hourly wages for part-time and temporary workers, and higher labor-related costs against the backdrop of work-style reforms and labor shortages」
The company continues to describe difficulty in recruiting, labor shortages, and higher hourly wages for part-time and temporary workers and labor-related costs as business-environment issues. - FY2019First statedAnnual report
「Skilled personnel are essential for the company to continue opening stores and expanding its business. If it is unable to secure and train such personnel, or if labor costs continue to rise sharply, this could affect its financial condition and operating results.」
The company identifies insufficient recruitment and training of personnel and rising labor costs as risks affecting continued store openings and operating results.