Response to the Labor Shortage
First written in FY2017-Q1. 6 of 13 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2025-H1.
Interlife Holdings moved to the "Worse" side of this theme in 2016, 9 years before the typical company in this theme (2025).
The whole theme swung hardest in 2024: 5 of 19 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「In the construction industry, there was some impact from labor shortages and higher raw-material prices. However, construction-related demand is trending upward and is supported by strong capital investment, including large projects in the Tokyo metropolitan area, construction related to Expo 2025 Osaka, Kansai, and inbound demand resulting from yen depreciation.」
Labor shortages continue to be identified as a factor affecting the construction industry, but this filing indicates no new deterioration indicators or changes in measures to address the issue. - FY2025-Q1RestatedAnnual report
「While corporate capital investment remains solid and inbound demand is increasing, concerns remain about the impact of higher raw-material prices caused by yen depreciation and rising prices, as well as labor shortages.」
The company continues to identify the impact of labor shortages as a business-environment concern, but no new specific deterioration indicators are provided. - FY2024WorsenedAnnual report
「Meanwhile, the outlook remains uncertain because of the impact of procuring raw materials amid unstable international conditions, efforts to address personnel shortages, and measures to comply with limits on overtime work.」
Addressing personnel shortages is explicitly identified as a management challenge alongside compliance with limits on overtime work, broadening the previous focus on securing personnel and the burden of labor costs. - FY2024-Q2WorsenedAnnual report
「The number of workers dispatched to telecommunications infrastructure companies increased and revenue exceeded the same quarter of the previous year. However, selling, general and administrative expenses increased because of higher personnel costs associated with wage increases and additional local business tax payments, and profit was below the same quarter of the previous year.」
Although the number of dispatched workers and revenue increased, higher personnel costs associated with wage increases and additional local business tax payments resulted in higher selling, general and administrative expenses and profit falling below the previous year's level. - FY2020-Q3WorsenedAnnual report
「ディーナネットワーク株式会社 increased its acquisition of new business partners and the number of dispatched workers, mainly in the Kansai region, and revenue was above the same quarter of the previous year. However, the closure of client stores and rising labor costs for dispatched workers remain challenges.」
The rise in labor costs for dispatched workers is explicitly identified as a challenge in the human resources services business, and the burden of labor costs remains an ongoing business issue. - FY2019RestatedAnnual report
「Uncertainty about the outlook, including the prolonged labor shortage and concerns about a global economic downturn, remains, and the difficult situation is expected to continue for the time being.」
The company continues to identify the prolonged labor shortage as a business-environment challenge. - FY2019-Q3WorsenedAnnual report
「The core construction business has been trending above the same quarter of the previous year, supported by the completion of projects already ordered and the receipt of large orders during the period. However, addressing shortages of construction management engineers and other personnel remains a challenge because of difficult employment conditions across the industry.」
Addressing shortages of construction management engineers and other personnel is identified as a challenge. 玉紘工業 also reports lost order opportunities because of a shortage of specialized engineers, making the business impact of labor shortages more concrete. - FY2018-Q3RestatedAnnual report
「In the contract-work business, orders failed to grow because of a decline in contract work and constraints on securing personnel, and revenue fell below the same quarter of the previous year.」
The company continues to disclose that a decline in contract work and constraints on securing personnel are causing sluggish order growth and lower revenue. - FY2018-Q2WorsenedAnnual report
「In the contract-work business, orders failed to grow because of a decline in contract work and constraints on securing personnel, and revenue fell below the same quarter of the previous year.」
The disclosure identifies a specific business impact: constraints on securing personnel led to sluggish growth in contract-work orders and a year-on-year decline in revenue. - FY2017RestatedAnnual report
「Uncertainty about the outlook, including the prolonged labor shortage, remains, and the difficult situation is expected to continue for the time being.」
The prolonged labor shortage and uncertainty about the outlook continue to be identified as business-environment challenges. - FY2017-Q3RestatedAnnual report
「In the construction industry, public investment in disaster recovery, reconstruction and related projects has remained firm. However, chronic labor shortages across the industry and persistently high labor and construction-material costs continue, and the operating environment remains difficult.」
Chronic labor shortages, rising labor costs and persistently high construction-material costs continue. No new deterioration from the previous disclosure is indicated. - FY2017-Q2WorsenedAnnual report
「In the construction industry, private-sector capital investment is trending upward as corporate earnings improve. However, issues such as rising labor costs caused by chronic labor shortages have not been resolved, and the operating environment remains difficult.」
In addition to continuing to address labor shortages, the disclosure explicitly identifies their chronic nature, rising labor costs, and the fact that the issue remains unresolved. - FY2017-Q1First statedAnnual report
「We will also continue to address the labor shortage.」
The company identifies labor shortages as a business-environment challenge and states that it is continuing to address them.