Rising Labor Costs Against a Backdrop of Labor Shortages
First written in FY2018-Q1. 12 of 22 entries say "Restated". Latest entry: 2026-10-09.
Ringer Hut moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 40 of 47 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- 2026-10-09RestatedEarnings
「外食産業におきましては、外食需要は回復しつつあるものの、原材料費・光熱費の高騰や人件費の上昇など、依然として事業を取り巻く環境は厳しいものとなっております。」
人件費の上昇を、外食需要の回復局面でも残る事業環境上の負担要因として再確認している。 - FY2027-H1RestatedAnnual report
「Although demand for eating out is recovering, the business environment remains challenging due to higher raw material and utility costs and rising labor costs.」
The increase in labor costs, together with surging raw material and utilities costs, continues to be cited as an adverse factor in the operating environment for the restaurant business. - FY2025-H1RestatedAnnual report
「In addition, the business environment remains challenging due to surging raw material and utilities costs and ongoing difficulties in hiring.」
The company reaffirms that ongoing difficulties in hiring, together with surging raw material and utilities costs, are factors contributing to the challenging environment in the food service business. - FY2025-Q1MaterialisedAnnual report
「In March, in light of the continued rise in energy costs and further increases in raw material, labor and logistics costs, the company revised product prices in both its Nagasaki champon and tonkatsu businesses.」
Further increases in personnel expenses are cited as a reason for revising product prices, with rising labour costs leading to specific business measures. - FY2024RestatedAnnual report
「The business environment remains challenging due to surging raw material, utilities and personnel costs and ongoing difficulties in hiring.」
The company reaffirms that ongoing difficulties in hiring, together with surging raw material, utilities and personnel costs, are factors contributing to the challenging business environment. - FY2024-Q3RestatedAnnual report
「However, the business environment remains challenging due to declining purchasing power resulting from prolonged price increases, surging raw material and utilities costs, and difficulties in hiring that have become more pronounced since the pandemic.」
The company continues to cite difficulties in hiring as a factor contributing to the challenging environment in the food service industry, this time describing them as “hiring difficulties that have become more pronounced since the pandemic.” - FY2024-Q2RestatedAnnual report
「In the food service industry, consumer purchasing activity was returning to pre-pandemic levels following the reclassification of COVID-19 as a Class 5 infectious disease, but the business environment remained challenging due to concerns over slowing consumption amid continuing inflation, surging raw material and utility costs, and prolonged hiring difficulties.」
The company describes the hiring difficulties as “prolonged difficulties in hiring” and reaffirms them, together with price increases and surging raw material and utilities costs, as factors contributing to the challenging environment in the food service industry. - FY2024-Q1RestatedAnnual report
「In the food service industry, consumer purchasing activity is returning to pre-pandemic levels as COVID-19 was reclassified to Category 5, but the business environment remains challenging due to concerns over weaker consumption amid continuing price increases, surging raw material and utilities costs, and ongoing difficulties in hiring.」
The company reaffirms that ongoing difficulties in hiring, together with surging raw material and utilities costs and price increases, are factors contributing to the challenging environment in the food service industry. - FY2020MaterialisedAnnual report
「In addition to surging raw material prices and higher freight rates, personnel costs due to ongoing difficulties in hiring continued to rise. Although we pursued measures such as work-process improvements, we were unable to absorb the surging costs through higher sales.」
Higher personnel costs due to difficulties in hiring, together with increases in raw material prices and freight rates, pressured full-year earnings and could not be absorbed through higher sales. - FY2020-Q3RestatedAnnual report
「In the food service industry, challenging conditions continued due to consumers’ preference for saving following the consumption tax increase, surging raw material prices, and ongoing hiring difficulties and increases in hourly wages for part-time employees.」
Difficulties in hiring and hourly wage increases for part-time employees continue to be cited, together with surging raw material prices and consumers' cost-consciousness resulting from the consumption tax increase, as factors contributing to the challenging environment in the food service industry. - FY2020-Q2RestatedAnnual report
「In the food service industry, challenging conditions continued due to consumers’ preference for saving, surging raw material prices, and ongoing hiring difficulties and increases in hourly wages for part-time employees.」
Difficulties in hiring and hourly wage increases for part-time employees continue to be cited, together with surging raw material prices, as factors contributing to the challenging environment in the food service industry. - FY2020-Q1RestatedAnnual report
「In the food service industry, challenging conditions continued due to consumers’ preference for saving, surging raw material prices, and ongoing hiring difficulties and increases in hourly wages for part-time employees.」
The company reaffirms that difficulties in hiring and hourly wage increases for part-time employees remain risks in the operating environment of the food service industry. - FY2019MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥1,360 million from the previous consolidated fiscal year to ¥29,469 million. This was mainly due to higher personnel expenses accompanying hourly wage increases for part-time employees and higher advertising expenses associated with active promotional activities.」
Higher personnel expenses resulting from hourly wage increases for part-time employees pushed up full-year selling, general and administrative expenses and materialised as a factor behind the decline in earnings. - FY2019-Q3MaterialisedAnnual report
「Operating profit was ¥1,565 million, down 21.4% year on year, ordinary profit was ¥1,501 million, down 22.4%, and profit attributable to owners of the parent was ¥397 million, down 55.4%, due to surging raw-material prices, higher utility costs and rising labor costs amid labor shortages.」
Higher personnel costs due to labour shortages continued alongside increases in raw material prices and utilities costs, affecting actual results as a factor behind the decline in cumulative quarterly earnings. - FY2019-Q2MaterialisedAnnual report
「In the food service industry, consumers’ preference for saving, surging raw material prices, and ongoing hiring difficulties and increases in hourly wages for part-time employees continued, leaving the operating environment challenging.」
The company states that difficulties in hiring and hourly wage increases for part-time employees have continued, with higher personnel costs also becoming a factor behind the decline in earnings. - FY2019-Q1MaterialisedAnnual report
「In addition to surging raw material prices and higher freight rates, personnel costs continued to rise due to labour shortages. Operating income was ¥590 million, down 21.3% year on year, ordinary income was ¥570 million, down 21.2%, and net income attributable to owners of the parent was ¥128 million, down 54.5%.」
The increase in personnel costs due to labour shortages continued alongside higher raw material prices and freight rates, affecting actual results as a factor behind the quarterly decline in earnings. - FY2018MaterialisedAnnual report
「However, despite continuing increases in raw material prices and freight rates, as well as personnel costs due to ongoing difficulties in hiring, and efforts to implement measures such as work-process improvements, we were unable to absorb the surging costs through higher sales.」
Higher personnel costs due to difficulties in hiring, together with increases in raw material prices and freight rates, pressured full-year earnings, and the costs could not be absorbed through higher sales. - FY2018-Q3MaterialisedAnnual report
「Due mainly to higher personnel and logistics costs associated with labour shortages, operating income declined to ¥1,991 million, down 14.1% year on year, ordinary income declined to ¥1,935 million, down 13.0%, and net income attributable to owners of the parent declined to ¥891 million, down 39.1%.」
The increase in personnel expenses driven by labour shortages, together with higher logistics costs, is described as having affected actual results as a factor behind declines in operating income and other earnings. - FY2018-Q2RestatedAnnual report
「The operating environment surrounding the food service industry has become increasingly challenging due to intensifying competition with other sectors for customers, rising raw material prices, and higher personnel and logistics costs amid labor shortages.」
The increase in personnel expenses driven by labour shortages continues to be cited as a risk surrounding the food service industry. - FY2018-Q1First statedAnnual report
「The operating environment surrounding the food service industry has become increasingly challenging due to intensifying competition with other sectors for customers, rising raw material prices, and higher labor costs amid labor shortages.」
Labour shortages and the resulting increase in labour costs are explicitly identified for the first time as risks in the operating environment of the food service industry.