Rising raw material and energy costs

「In particular, the burden of both raw material and labor costs increased due to higher prices for raw materials such as meat, historically high rice prices, higher logistics costs, and higher labor costs associated with minimum wage increases.」

「円安の継続による輸入品・エネルギー価格の上昇」

「In the food service industry, solid demand continues as more people are dining out due to increased human mobility and as the number of visitors to Japan rises. However, the operating environment remains difficult as multiple factors are driving up costs, including inflation caused by higher energy and raw material prices, the yen's depreciation against the backdrop of the Japan-U.S. interest rate differential, chronic labor shortages, and higher average wages.」

「In the food service industry, solid demand continues as more people are dining out due to increased human mobility and as the number of visitors to Japan rises. However, the operating environment remains difficult as multiple factors are driving up costs, including inflation caused by higher energy and raw material prices, the yen's depreciation against the backdrop of the Japan-U.S. interest rate differential, labor shortages, and higher average wages.」

「The food service industry continues to face a difficult operating environment. Although personal consumption is recovering and inbound demand is expanding, imported food prices have risen due to the unstable international situation and the weaker yen, energy prices remain high, hourly wages have risen due to labor shortages, and customer usage patterns have changed significantly.」

「The food service industry continues to face difficult conditions. Food prices have risen as the prolonged situation in Ukraine and the weaker yen have driven up energy prices and the prices of imported food ingredients and fertilizers, while hourly wages and hours worked are also expected to rise due to labor shortages.」

「The food service industry continues to face difficult conditions as multiple factors are driving up prices, including higher food prices resulting from rising prices for imported food ingredients and fertilizers against the backdrop of prolonged developments in Ukraine, soaring energy prices and the weaker yen.」

「The food service industry continues to face difficult conditions as multiple factors are driving up prices, including higher food prices resulting from rising prices for imported food ingredients and fertilizers against the backdrop of prolonged developments in Ukraine, soaring energy prices and the weaker yen.」

「Although the food service industry was able to welcome Golden Week without operating restrictions for the first time in 3 years, the surrounding environment remains difficult due to changes in consumer lifestyles and higher purchase prices, utility costs and logistics costs resulting from soaring raw material and crude oil prices.」

「Although the food service industry was able to operate without restrictions for the first time in 3 years, the surrounding environment remains difficult due to higher purchase prices, utility costs and logistics costs resulting from soaring raw material and crude oil prices.」

「Although the economy is gradually recovering as vaccination rates for COVID-19 rise and therapeutic drugs are developed, visibility remains limited regarding when the COVID-19 pandemic will subside. In addition, soaring resource, energy and food ingredient prices due to geopolitical risks, including the situation in Ukraine, are expected to further heighten uncertainty over the economic outlook.」

「The food-service industry remains in a challenging situation. Amid continued increases in labor, raw-material and logistics costs, competition across industries and business formats is intensifying due to diversifying consumer needs, persistent consumer frugality and the consumption tax increase, which resulted in a 10% tax rate for dining out versus the reduced 8% rate for prepared meals.」

「The food service industry continues to face difficult conditions, including persistently high labor, raw material and logistics costs, increasingly diverse consumer needs, a deep-rooted preference for saving, and intensifying competition across industry boundaries.」

「The food service industry continues to face difficult conditions, including higher labor costs due to labor shortages, soaring raw material and logistics costs, increasingly diverse consumer needs, and intensifying competition across industry boundaries.」

「The food service industry continues to face a difficult operating environment, including persistently high raw material prices, higher labor costs due to labor shortages, and intensifying competition among companies, including competition between stores and across industries.」

「There are also concerns over inflation caused by stagnant growth in disposable income and soaring crude oil prices, and personal consumption has not yet achieved a full-fledged recovery.」

「The food service industry continues to face a difficult operating environment, including higher raw material prices due to adverse weather and rising logistics costs, higher labor costs due to labor shortages, increasingly diverse customer preferences, and the need to address food safety and security.」

「The food service industry continues to face a difficult operating environment, including higher raw material prices due to the weaker yen and rising logistics costs, higher labor costs due to labor shortages, increasingly diverse customer preferences, and the need to address food safety and security.」

「The food service industry continues to face a difficult operating environment, including higher raw material prices due to the weaker yen and rising logistics costs, higher labor costs due to labor shortages, increasingly diverse customer preferences, and the need to address food safety and security.」

「The food service industry continues to face a difficult operating environment, including higher raw material prices due to the weaker yen and rising logistics costs, higher labor costs due to labor shortages, increasingly diverse customer preferences, and the need to address food safety and security.」

「In terms of expenses, persistently high beef prices and higher prices for fresh food ingredients due to adverse weather increased expenses, while more efficient work scheduling and other measures helped reduce labor costs.」

「In terms of expenses, persistently high beef prices, higher prices for fresh food ingredients due to adverse weather, and higher labor costs increased expenses, while lower unit prices for utilities, savings from reviewing consumables and other items, and decreases in depreciation and rent reduced expenses.」

「In terms of expenses, purchase prices for key raw materials such as beef and fresh fish and wage rates rose due to labor shortages, while water, utility and fuel costs and consumables expenses decreased due to lower unit prices and cost reductions.」

「In terms of expenses, food ingredient prices and recruitment costs increased due to higher prices caused by the weaker yen and adverse weather and tight labor supply and demand, respectively, while utility costs decreased as a result of lower crude oil prices.」