Higher costs due to rising food and other input prices
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 45 of 64 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If difficulties in procuring food ingredients and other materials or sharp price increases arise due to difficult-to-predict factors such as geopolitical risks, climate change, natural disasters and pandemics, higher costs of sales and other factors may affect the group’s performance.」
The company continues to disclose the risk of higher costs caused by procurement difficulties and price increases for food ingredients and other materials, and also refers to measures such as revising wedding plans. - FY2023First statedAnnual report
「If difficulties in procuring food ingredients and other materials or sharp price increases arise due to difficult-to-predict factors such as geopolitical risks, climate change, natural disasters and pandemics, higher costs of sales and other factors may affect the group’s performance.」
Procurement difficulties and price increases for food ingredients caused by geopolitical risks, climate change, natural disasters and pandemics are identified as risks that could increase costs.