Rising Labor Costs Due to Labor Shortages
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2027-H1.
2 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In addition to increases in various costs, including labor and logistics costs」
The Company continues to identify rising labor and logistics costs as factors contributing to the challenging operating environment in the retail industry, including labor shortages. - FY2025RestatedAnnual report
「In the retail industry, successive price increases further strengthened consumers' savings-oriented and prudent spending behavior, while the difficult operating environment continued due to higher costs of various kinds and labor shortages.」
The company continues to identify labor shortages as a factor contributing to the difficult operating environment in the retail industry. - FY2019WorsenedAnnual report
「In addition to rising labor and logistics costs against a backdrop of severe labor shortages, soaring utility and raw material costs also contributed to an extremely difficult operating environment.」
The wording has been strengthened from “labor shortages and rising labor costs” to “severe labor shortages,” with rising logistics costs also identified as a related burden. - FY2018First statedAnnual report
「The retail industry continued to face a challenging business environment, with an entrenched propensity to save and sluggish personal consumption, as well as rising labor costs due to labor shortages.」
Rising labor costs due to labor shortages are identified for the first time as a factor contributing to the difficult operating environment in the retail industry.