COVID-19, Labor Shortages, Higher Food Ingredient Prices and Intensifying Competition in the Food-Service Business
First written in FY2021. 2 of 4 entries say "Worsened", first in FY2023. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「For the food-service, food and general merchandise businesses, revenue was ¥379 million, up 32.6% year on year, and the segment loss was ¥12 million, compared with a segment loss of ¥8 million in the previous fiscal year.」
While revenue increased, the segment loss widened from ¥8 million to ¥12 million amid the operating environment, including food ingredient and labor costs. - FY2023WorsenedAnnual report
「The company recognizes that difficult conditions continue in the food-service industry due to the COVID-19 pandemic, higher food and product procurement costs resulting from rising prices, and increases in utility and logistics costs. As profitability at the company-operated “田ノ実” also needs to be improved, minimizing these effects is a challenge.」
In addition to the existing risks of the COVID-19 pandemic, labor shortages, higher food ingredient prices and intensifying competition, the company specified increases in utility and logistics costs and the challenge of improving profitability at “田ノ実.” - FY2022RestatedAnnual report
「In the food-service industry, the operating environment is expected to remain difficult, given the impact of the COVID-19 pandemic, labor shortages, higher food ingredient prices and intense competition.」
The company continues to identify the risks of the COVID-19 pandemic, labor shortages, higher food ingredient prices and intensifying competition in the food-service business. - FY2021First statedAnnual report
「In the food-service industry, the operating environment is expected to remain difficult, given the impact of the COVID-19 pandemic, labor shortages, higher food ingredient prices and intense competition.」
The company first provided a consolidated description of the external-environment risks specific to its food-service, food and general merchandise businesses: the COVID-19 pandemic, labor shortages, higher food ingredient prices and intensifying competition.