Rising Labor and Logistics Costs Due to Labor Shortages
First written in FY2018. 10 of 13 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 64 of 102 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Declining birthrates and population aging, labor shortages, and various legal amendments have made reducing logistics costs and environmental impact management issues. We are working on robust reform of logistics within the Group and the evolution of the Group’s version of DX, the Zeus Project.」
Rising logistics costs associated with labor shortages are identified as an ongoing management issue, and the company continues to address it through logistics reform and DX. - FY2024WorsenedAnnual report
「Amid demand for simpler processes in food preparation due to chronic labor shortages, we will work with a major institutional food-service company to manufacture convenient care foods and develop products that meet the needs of older people.」
Labor shortages have translated into specific demand for simpler food-preparation processes and the need to develop care foods, while addressing the 2024 logistics problem is also identified as a major logistics-related issue. - FY2022RestatedAnnual report
「The company is also required to respond to continuing intensification of sales competition, the trend toward higher logistics and labor costs resulting from labor shortages, and growing environmental awareness.」
Sales competition, higher logistics and labor costs resulting from labor shortages, and growing environmental awareness are described as continuing aspects of the operating environment requiring a response. - FY2021RestatedAnnual report
「The company is required to respond to intensifying sales competition, the trend toward higher logistics and labor costs resulting from labor shortages, and growing awareness of the SDGs.」
Higher logistics and labor costs resulting from sales competition and labor shortages continue to be identified as burdens in the operating environment. - FY2021-Q3RestatedAnnual report
「To respond to the rapidly changing environment, including intensifying sales competition, surging logistics and labor costs, and market changes resulting from disease-related issues, and to achieve further growth, we will pursue DX and business reform.」
Sales competition, surging logistics and labor costs, and market changes resulting from disease-related issues are identified as environmental factors that continue to necessitate DX and business reform. - FY2021-Q2RestatedAnnual report
「To respond to the rapidly changing environment, including intensifying sales competition, surging logistics and labor costs, and market changes resulting from disease-related issues, and to achieve further growth, we will pursue DX and business reform.」
Surging logistics and labor costs resulting from sales competition, labor shortages, and other factors are identified as environmental factors that continue to necessitate business reform. - FY2021-Q1RestatedAnnual report
「To respond to the rapidly changing environment, including intensifying sales competition, surging logistics and labor costs, and market changes resulting from disease-related issues, and to achieve further growth, we will pursue DX and business reform.」
Higher logistics and labor costs resulting from sales competition, labor shortages, and other factors are identified as environmental factors that continue to necessitate business reform. - FY2020-Q3RestatedAnnual report
「In the meat industry, intensifying sales competition and increases in logistics, labor, and other costs resulting from labor shortages combined to create a continued challenging business environment.」
Intensifying sales competition and higher logistics and labor costs resulting from labor shortages continue to be factors behind the challenging business environment. - FY2020-Q2RestatedAnnual report
「In the meat industry, intensifying sales competition and higher logistics costs resulting from labor shortages combined to create a continued challenging business environment.」
Intensifying sales competition and higher logistics costs resulting from labor shortages continue to be factors behind the challenging business environment. - FY2020-Q1RestatedAnnual report
「In the meat industry, intensifying sales competition and higher logistics costs resulting from labor shortages combined to create a continued challenging business environment.」
Intensifying sales competition and higher logistics costs resulting from labor shortages continue to be factors behind the challenging business environment. - FY2019WorsenedAnnual report
「To address chronic labor shortages, we will review how work is carried out across the Group, including improving operational efficiency through the use of systems.」
Labor shortages are described as “chronic,” rather than temporary, and improving operational efficiency, mechanization, and labor saving are explicitly identified as issues in the medium-term plan. - FY2019-Q1RestatedAnnual report
「The challenging operating environment has continued because labor shortages have increased labor and logistics costs.」
Increases in labor and logistics costs resulting from labor shortages continue to be a factor behind the challenging operating environment. - FY2018First statedAnnual report
「The business environment was challenging, partly because labor shortages drove up labor and logistics costs.」
The company identifies higher labor and logistics costs resulting from labor shortages as a burden that actually affected the business environment in the current fiscal year, presenting it separately for the first time.