Declining Birth Rates, Population Aging, Population Decline and Labor Shortages
First written in FY2016. 6 of 13 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2022.
Hokuto moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The business environment surrounding the Group remains challenging, amid growing consumer awareness of safety and security and ongoing changes in the social structure resulting from the declining birthrate, aging population and population decline, as well as intensifying competition among companies.」
The company continues to recognize structural business-environment challenges, including the declining birthrate, aging population and intensifying competition. - FY2021RestatedAnnual report
「The business environment surrounding the Group remains challenging, amid growing consumer awareness of safety and security and ongoing changes in the social structure resulting from the declining birthrate, aging population and population decline, as well as intensifying competition among companies.」
The company continues to recognize structural business-environment challenges, including the declining birthrate, aging population, population decline and competition among companies. - FY2020RestatedAnnual report
「The business environment surrounding the Group remains challenging, amid growing consumer awareness of safety and security and ongoing changes in the social structure resulting from the declining birthrate, aging population and population decline, as well as intensifying competition among companies.」
The company continues to recognize structural business-environment challenges, including the declining birthrate, aging population, population decline and competition among companies. - FY2020-Q1WorsenedAnnual report
「In addition, competition across industries and business formats continues to intensify, while labor shortages caused by rising labor costs and deteriorating hiring conditions have become structural, and the challenging business environment continues.」
The company states that intensifying competition and rising labor costs, together with persistent labor shortages resulting from worsening hiring conditions, have become an ongoing situation, indicating that the previous issues of labor shortages and rising labor costs are continuing. - FY2019RestatedAnnual report
「Market conditions are becoming increasingly challenging owing to intensifying competition among companies, higher labor and logistics costs resulting from labor shortages, and the impact of various natural disasters.」
The challenging operating environment, including higher personnel and logistics costs due to labor shortages, continues to be disclosed. - FY2019-Q3MaterialisedAnnual report
「In addition, the market environment became increasingly challenging due to intensifying competition among companies, rising personnel and logistics costs resulting from labor shortages, and the effects of various natural disasters.」
Competition among companies, rising personnel and logistics costs resulting from labor shortages, and the effects of natural disasters were also identified as actual business-environment factors in the third quarter. - FY2019-Q2MaterialisedAnnual report
「The market environment became increasingly challenging due to intensifying competition among companies, rising personnel and logistics costs resulting from labor shortages, and the effects of the Osaka Northern Earthquake in June, the July torrential rains in western Japan, and the Hokkaido Eastern Iburi Earthquake in September, among other factors.」
Rising personnel and logistics costs resulting from labor shortages were identified as an actual business-environment factor for the period. - FY2019-Q1MaterialisedAnnual report
「The business environment surrounding the Group remained challenging, as consumers continued to favor saving, personal consumption remained sluggish, and labor shortages drove up labor costs.」
Labor cost increases driven by labor shortages continued as an actual business-environment and cost factor in the first quarter. - FY2018MaterialisedAnnual report
「The business environment surrounding the Group remained challenging, as consumers continued to favor saving, personal consumption remained sluggish, and labor shortages drove up labor costs.」
Labor cost increases driven by labor shortages were identified as an actual business-environment and cost factor for the fiscal year. - FY2018-Q3MaterialisedAnnual report
「Rising personnel expenses (because quasi-employees were changed to regionally restricted employees)」
Higher personnel expenses continue to arise as an actual cost factor, indicating that the issues of labor shortages and rising labor costs have become evident. - FY2018-Q2MaterialisedAnnual report
「Rising personnel expenses (because quasi-employees were changed to regionally restricted employees)」
The company identified higher personnel expenses resulting from a change in employee classifications as an actual cost factor affecting results for the second quarter. - FY2017RestatedAnnual report
「In addition, the business environment remained challenging, owing to changes in the social structure resulting from the declining birthrate, aging population and population decline, rising labor costs associated with improving employment conditions, and intensifying competition among companies.」
Demographic trends, labor shortages and rising labor costs, and competition among companies remain ongoing business-environment challenges. - FY2016First statedAnnual report
「The business environment remained challenging, owing to changes in the social structure resulting from the declining birthrate, aging population and population decline, labor shortages and rising labor costs associated with improving employment conditions, and intensifying competition among companies.」
Demographic trends, labor shortages, rising labor costs and intensifying competition remain ongoing business-environment challenges.