Population Decline, Falling Birthrate, Population Aging and Competition for Talent
First written in FY2024. 1 of 2 entries say "Worsened", first in FY2025. Latest entry: FY2025.
TRIAL Holdings moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 15 of 29 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「We believe that the business environment surrounding our group will become increasingly challenging as population decline and the aging of society with a declining birthrate accelerate in Japan. According to the Cabinet Office's White Paper on the Aging Society 2025, Japan's population is projected to decline to approximately 100 million by 2055, while the proportion of the population of working age is expected to approach 50%.」
The wording has changed to state that accelerating population decline and the aging of society with a declining birthrate will make the business environment more challenging. - FY2024First statedAnnual report
「Japan's population is projected to decline to approximately 100 million by 2055, while the proportion of the population of working age is expected to approach 50%.」
Population decline and the falling proportion of the working-age population are identified as external factors, while securing and developing personnel to support store expansion and rising labor costs are cited as risks.