Rising Labor and Logistics Costs Due to Labor Shortages
First written in FY2017. 7 of 20 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2026.
Fp moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 64 of 102 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the fiscal year ending March 2026, we raised wage levels across the Group by approximately 5% on average and implemented base-pay increases for the 12th consecutive year. In addition, as part of efforts to create a workplace where employees can work comfortably, we will continue to seek to secure and retain personnel through improved compensation, including by increasing the number of annual holidays in the production division from 104 to 120 over 3 years.」
The Company announced a policy of implementing average wage increases of approximately 5% for 12 consecutive years and increasing annual holidays in the production division from 104 to 120 over 3 years. Measures to secure and retain personnel have been made more specific. - FY2026-H1MitigatedAnnual report
「In April 2025, we increased the number of annual holidays for employees engaged in production from 116 to 120 to secure and retain personnel.」
As a measure to secure and retain personnel, the Company increased the number of annual holidays for production employees from 116 to 120. - FY2025MitigatedAnnual report
「In the fiscal years ended March 2024 and March 2025, we raised wage levels across the Group by approximately 5% on average. In the fiscal year ending March 2026, we are implementing an increase averaging the mid-5% range. We will continue to seek to secure and retain personnel through improved compensation.」
As measures to secure and retain personnel, the Company raised wage levels by approximately 5% on average in the fiscal years ended March 2024 and March 2025, and implemented an increase averaging the mid-5% range in the fiscal year ending March 2026. - FY2024MitigatedAnnual report
「From April 2023, we implemented an average 10.7% increase in the wage levels of frontline employees at the Group's manufacturing and logistics companies and increased the number of holidays at the manufacturing companies, with certain results emerging, including a decrease in the number of employees leaving and improved work-life balance. In the fiscal year ending March 2025, we will also raise wage levels by approximately 5% on average and continue to seek to secure and retain personnel.」
The decrease in the number of employees leaving emerged following the average 10.7% wage increase and increase in the number of holidays, and an average wage increase of approximately 5% is planned for the fiscal year ending March 2025. - FY2024-Q3MaterialisedAnnual report
「There were increases in labor and personnel expenses resulting from substantial wage increases aimed at securing and retaining personnel, as well as increases in depreciation resulting from the Kansai Plant and Kansai Hub Center, which began operations in the previous fiscal year.」
Substantial wage increases aimed at securing and retaining personnel actually resulted in higher labor and personnel expenses as a factor reducing profit for the third quarter accounting period. - FY2024-Q1MitigatedAnnual report
「In addition, from April 2023, we have sought to secure and retain personnel by improving the wage levels of frontline employees and increasing the number of annual holidays, with certain effects emerging, including a decrease in the number of employees leaving compared with the same period of the previous year.」
The Company states that it sought to secure and retain personnel by improving frontline employees' wage levels and increasing the number of annual holidays, resulting in a year-on-year decrease in the number of employees leaving. This demonstrates the effects of measures addressing labor shortages and personnel retention risks. - FY2023Improvement in wage levels and holiday benefitsAnnual report
「From April 2023, we decided to substantially raise the wage levels of frontline employees at the Group's manufacturing and logistics companies by an average of 10.7% and increase the number of holidays at the manufacturing companies.」
As measures to address labor shortages and difficulties securing personnel, the Company announced a policy of raising the wage levels of frontline employees by an average of 10.7% from April 2023 and increasing the number of holidays at its manufacturing companies. - FY2023-Q2MaterialisedAnnual report
「Factors increasing profit included two price revisions and the effects of improvements in each division. Factors reducing profit included higher raw material and electricity prices and increases in labor and personnel expenses.」
The Company states that increases in labor and personnel expenses actually occurred as factors reducing profit for the cumulative second quarter. - FY2022-Q2MaterialisedAnnual report
「Factors increasing profit included higher sales volumes of containers for supermarkets and containers for takeout and delivery, as well as the effects of improvements at production and logistics sites. Factors reducing profit included higher raw material prices and increases in labor and personnel expenses.」
The Company states that increases in labor and personnel expenses actually occurred as factors reducing profit for the cumulative second quarter. - FY2021-Q1Additional increase in wage levelsAnnual report
「In addition, to secure personnel at production plants and distribution centers, we aim to improve the working environment by developing dormitories for single employees and raising wage levels.」
As a measure to address labor shortages, the Company has described raising wage levels in addition to its existing development of dormitories for single employees. - FY2020RestatedAnnual report
「If worsening labor shortages in Japan make it difficult to recruit employees and materially affect operations, our Group's performance may be affected. As measures to address this risk, our Group is working to reduce manpower requirements and labor through the introduction of industrial robots in production and the use of IT in logistics, and to improve the working environment by building dormitories for single employees and reviewing various personnel and labor-management systems.」
The Company has reaffirmed the risks of difficulties recruiting personnel and impacts on operations caused by labor shortages, together with measures involving robots, IT, dormitories for single employees, and personnel and labor-management systems. - FY2019RestatedAnnual report
「Our Group is working to reduce manpower requirements and labor through the introduction of industrial robots in production and the use of IT in logistics, and to improve the working environment by building dormitories for single employees and reviewing various personnel and labor-management systems. However, if worsening labor shortages in Japan make it difficult to recruit employees and materially affect operations, our Group's performance may be affected.」
The Company has reaffirmed worsening labor shortages as a risk and described measures involving robots, IT, labor saving, dormitories for single employees, and personnel and labor-management systems. - FY2019-Q1RestatedAnnual report
「The employment environment surrounding domestic companies has deteriorated, with labor costs rising sharply due to labor shortages and increases in the minimum wage, resulting in difficulties securing personnel.」
The Company continues to identify higher labor costs caused by labor shortages and increases in the minimum wage, together with difficulties securing personnel, as business-environment challenges. - FY2018RestatedAnnual report
「At the same time, the food retail industry is undergoing a period of change, with demand for greater efficiency and labor saving in response to labor shortages, moves toward restrictions on working hours under work-style reforms, rising costs such as labor and logistics costs, increasingly stringent hygiene-related requirements concerning food safety and security, and the need to address environmental issues including CO2 reduction.」
The Company identifies labor shortages, higher labor and logistics costs, and restrictions on working hours as ongoing challenges for the food retail industry. - FY2018-Q3RestatedAnnual report
「The employment environment surrounding domestic companies has deteriorated, with labor costs rising sharply due to labor shortages and increases in the minimum wage, resulting in difficulties securing personnel.」
The Company continues to identify higher labor costs caused by labor shortages and increases in the minimum wage, together with difficulties securing personnel, as business-environment challenges. - FY2018-Q2Specific factors behind higher labor costsAnnual report
「The employment environment surrounding domestic companies has deteriorated, with labor costs rising sharply due to labor shortages and increases in the minimum wage, resulting in difficulties securing personnel.」
The Company has specified increases in the minimum wage, in addition to labor shortages, as a factor behind higher labor costs and has described the difficulties in securing personnel. - FY2018-Q1RestatedAnnual report
「At the same time, the employment environment surrounding domestic companies has deteriorated, with labor costs rising sharply due to labor shortages following improvements in the employment environment, resulting in difficulties securing personnel.」
The Company continues to identify rising labor costs caused by labor shortages and difficulties securing personnel as business-environment challenges. - FY2017First statedAnnual report
「At the same time, the food retail industry is undergoing a period of change, with rising costs such as labor and logistics costs due to labor shortages, increasingly stringent hygiene-related requirements concerning food safety and security, and the need to address environmental issues including CO2 reduction. In addition, amid a worsening labor shortage and difficulties securing personnel as labor costs have risen following improvements in the employment environment, our Group built 150 one-room company housing units in Chikusei, Ibaraki Prefecture, to secure personnel from a wider area for the Kanto region.」
The Company identifies higher labor and logistics costs caused by labor shortages and difficulties securing personnel as actual business-environment challenges.