Risk of rising costs, including raw material prices and utility costs
First written in FY2023-Q1. 8 of 11 entries say "Restated". Latest entry: 2026-08-05.
The Royal Hotel,Limited moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 3 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- 2026-08-05RestatedResults
「While benefiting from increased inbound tourism consumption and other positive factors, we continue to face a challenging business environment due to the Chinese government’s request that its citizens refrain from traveling to Japan, instability in the Middle East, and rising costs including raw materials, utilities and labor.」
Presented the positive impact of inbound demand alongside the challenging business environment caused by overseas developments and rising costs. - FY2026WorsenedAnnual report
「Although there are encouraging signs in the hotel industry, such as an increase in the number of visitors to Japan, deterioration in profitability due to higher raw material costs, utility expenses, and labor costs remains a concern, while competition is also expected to intensify as new hotels open.」
In addition to the previously identified increases in raw material costs and utility expenses, the company explicitly noted concerns about deterioration in profitability due to higher labor costs, broadening the scope of the cost-increase risk. - 2026-05-29RestatedGeneral Meeting of Shareholders
「There remain concerns that profitability will continue to deteriorate due to increases in various costs, including raw materials, utilities and labor.」
Continued to cite concerns about deteriorating profitability from rising costs alongside expected growth in demand. - FY2026-H1RestatedAnnual report
「In the hotel industry, the group benefited from positive factors such as increased accommodation demand accompanying the growth in inbound visitors. However, the business environment remained challenging due to rising costs, including raw material prices, utility expenses, and labor costs.」
Rising costs, including raw material costs, utility expenses, and labor costs, continue to coexist with recovering demand in a challenging operating environment. - FY2025WorsenedAnnual report
「Although there are encouraging signs in the hotel industry, such as an increase in the number of visitors to Japan, deterioration in profitability due to higher raw material costs, utility expenses, and labor costs remains a concern, while competition is also expected to intensify as new hotels open.」
In addition to the previously identified increases in raw material costs and utility expenses, the company explicitly noted concerns about deterioration in profitability due to higher labor costs, broadening the scope of the cost-increase risk. - FY2025-H1RestatedAnnual report
「In the hotel industry, consumption showed signs of recovery as the flow of people resumed, supported by increased inbound demand and the normalization of socioeconomic activity. However, the business environment remained challenging due to rising costs, including raw material prices and utility expenses.」
While signs of a recovery in demand are emerging, costs including raw material costs and utility expenses continue to rise, and the company continues to recognize the operating environment as challenging. - FY2024-Q3RestatedAnnual report
「In the hotel industry, consumption showed signs of recovery as the flow of people resumed, supported by increased inbound demand and the normalization of economic activity. However, the business environment remained challenging due to rising costs, including raw material prices and utility expenses.」
While recovery in foot traffic and consumer trends is indicated, costs including raw material costs and utility expenses continue to rise, and the company continues to recognize the operating environment as challenging. - FY2024-Q2RestatedAnnual report
「In the hotel industry, consumption showed signs of recovery as the flow of people resumed, supported by increased inbound demand and the normalization of economic activity. However, the business environment remained challenging due to rising costs, including raw material prices and utility expenses.」
While recovery in inbound demand, foot traffic, and consumer trends is indicated, costs including raw material costs and utility expenses continue to rise, and the company continues to recognize the operating environment as challenging. - FY2024-Q1RestatedAnnual report
「Furthermore, the company remains in a challenging operating environment due to rising costs, including raw material costs and utility expenses.」
The company continues to recognize that rising costs, including raw material costs and utility expenses, are putting pressure on the operating environment. - FY2023-Q2RestatedAnnual report
「Meanwhile, the company remains in a challenging operating environment due to rising costs, including raw material costs and utility expenses.」
The company continues to recognize that rising costs, including raw material costs and utility expenses, are putting pressure on the operating environment. - FY2023-Q1First statedAnnual report
「Meanwhile, the company remains in a challenging operating environment due to rising costs, including raw material prices and utility expenses.」
The rise in various costs, including raw material prices and utility expenses, was identified separately for the first time as a challenging operating environment for the hotel business.