TOKYO -- Beef bowl purveyor Yoshinoya Holdings saw profit per worker grow faster than any other nonmanufacturer in Japan in the first half of fiscal 2019, leading a trend of revenue growth and efficiency improvements outweighing rising wages in a tight labor market.
Yoshinoya's operating profit per full-time employee came to 668,000 yen ($6,135) for the six months through August -- 50.7 times the figure a year earlier -- on the runaway success of its new supersize beef bowls. For all employees, including part-timers, the figure jumped 51.9-fold to 133,000 yen.
