Securing Part-Time Workers and Employee Compensation Costs
First written in FY2017. 6 of 13 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2027-H1.
Yoshinoya Holdings moved to the "Worse" side of this theme in 2018, 6 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 4 of 10 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In addition to labor shortages resulting from the declining birthrate and aging population, raw material, personnel and energy costs have continued to rise, and the business environment surrounding the industry remains challenging.」
The company continues to describe a challenging employment and cost environment, including labor shortages resulting from the declining birthrate and aging population and rising personnel costs. - 2026-04-09WorsenedEarnings
「We also recognize changes in the supply-demand balance in the labor market as a key issue for business continuity, and the environment surrounding our business remains challenging.」
The risks related to securing labor and personnel costs continued to be identified explicitly as key issues for business continuity. - FY2026-H1WorsenedAnnual report
「In addition, we recognize changes in the supply-demand balance in the labor market as a key management issue for business continuity, and the environment surrounding our business remains challenging.」
The risk of securing a workforce, including short-hour workers, was explicitly identified as a key issue for business continuity in light of changes in the supply-demand balance in the labor market. - FY2025WorsenedAnnual report
「The Group employs many full-time employees, contract employees, part-time employees and temporary workers. If rising wages, higher recruitment costs and increased demand for labor in Japan make it difficult to secure employees in the future, the resulting increase in personnel expenses required to secure the necessary number of employees, revisions to store-opening plans or the temporary suspension of operations at some stores could affect the Group's performance.」
The existing risk relating to securing labor and the cost of employee treatment was explicitly expanded to include higher wages and recruitment costs, as well as the possibility of revising store-opening plans or suspending store operations. - FY2025-Q1MaterialisedAnnual report
「Segment profit was ¥1,024 million, down 34.9% year on year, due mainly to higher personnel expenses, including upfront wage increases aimed at securing and retaining personnel and revisions to hourly wages at stores.」
Higher personnel expenses resulting from wage increases and revisions to store hourly wages aimed at securing and retaining personnel actually emerged as a decline in Yoshinoya's segment profit. - FY2021WorsenedAnnual report
「The Group employs a large number of part-time workers, some of whom are foreign workers. Changes in demographic patterns in the future may make it impossible to secure an adequate workforce, including full-time employees. In addition, if labor-related laws and regulations, including the Immigration Control and Refugee-Recognition Act, or laws relating to the treatment of part-time workers, including the Employees' Pension Insurance system, are amended, the resulting increase in personnel expenses could affect the Group's performance.」
The risk relating to the cost of securing and treating short-hour workers was expanded to include reliance on foreign workers, securing a workforce including full-time employees, and amendments to the Immigration Control and Refugee-Recognition Act. - FY2020-Q3MaterialisedAnnual report
「Although the operating environment remains challenging due to factors including rising seafood and other food ingredient prices and higher labor costs resulting from increases in part-time wages, revenue growth outpaced the increase in costs, resulting in higher profit.」
Increases in hourly wages for part-time workers and higher personnel expenses also occurred during the quarter and emerged as higher costs. - FY2019MaterialisedAnnual report
「Profit declined due to higher raw material prices, particularly for beef and rice, from the beginning of the fiscal year, as well as higher personnel expenses resulting from labor shortages and increases in hourly wages for part-time workers.」
Labor shortages, increases in hourly wages for part-time workers and higher personnel expenses emerged as factors contributing to the full-year decline in profit. - FY2019-Q3MaterialisedAnnual report
「During the nine months ended 31 December, many stores were forced to shorten their operating hours or close due to the typhoon in September, the 2018 Hokkaido Eastern Iburi earthquake and other events. In addition, profit declined due to higher raw material prices, particularly for beef and rice, from the beginning of the fiscal year, as well as higher personnel expenses resulting from labor shortages and increases in hourly wages for part-time workers.」
Higher personnel expenses resulting from labor shortages and increases in hourly wages for part-time workers continued to emerge as a company-wide factor contributing to the decline in profit. - FY2019-Q2MaterialisedAnnual report
「Operating profit declined due to higher labor costs resulting from soaring food material prices, particularly for meat and rice, labor shortages, and higher hourly wages for part-time workers.」
Higher personnel costs due to labor shortages and rising hourly wages for part-time workers materialized as a factor behind the decline in operating profit. - FY2019-Q1MaterialisedAnnual report
「Profit declined due in part to higher food material prices, particularly for meat and rice, higher recruitment and training costs to secure labor, and higher hourly wages for part-time workers, which increased labor costs.」
Higher recruitment and training costs associated with securing part-time workers and higher personnel costs due to rising hourly wages materialized as factors behind the decline in profit during the current quarter. - FY2018RestatedAnnual report
「The group employs a large number of part-time and other hourly workers. Changes in population demographics may make it difficult to secure an adequate workforce, while revisions to labor laws and regulations or legal reforms relating to the treatment of part-time and other hourly workers, including the Employees’ Pension Insurance system, may increase personnel costs and affect performance.」
The risk of difficulty securing part-time workers and higher personnel costs due to legal reforms relating to their employment conditions continues. - FY2017First statedAnnual report
「The group employs a large number of part-time and other hourly workers. Changes in population demographics may make it difficult to secure an adequate workforce, while revisions to labor laws and regulations or legal reforms relating to the treatment of part-time and other hourly workers, including the Employees’ Pension Insurance system, may increase personnel costs and affect performance.」
The company identifies difficulty securing labor due to demographic changes and higher personnel costs resulting from revisions to labor and social insurance systems as risks.