Labor and workforce shortages

「If the social labor shortage caused by the declining birthrate and aging population worsens further, securing personnel may become more difficult, potentially affecting performance through lost sales opportunities and a higher cost ratio.」

「The Japanese economy during the six months ended under review was affected by inflation, yen depreciation, labor shortages, uncertainty caused by the trade policies of the new U.S. administration and heightened geopolitical risks, and remained in an environment of pronounced uncertainty.」

「If the social labor shortage caused by the declining birthrate and aging population worsens further, securing personnel may become more difficult, potentially affecting performance through lost sales opportunities and a higher cost ratio.」

「The Japanese economy during the first half of the fiscal year under review was on a gradual recovery track as economic and social activity moved more rapidly toward normalization following the end of the disruption caused by the prolonged pandemic. However, uncertainty over the outlook continued due to the impact of slowing overseas economies, in addition to soaring resource and raw-material prices, labor shortages and higher living costs caused by inflation.」

「The Japanese economy during the first quarter of the fiscal year under review was affected by many factors weighing on economic activity, including soaring resource and raw-material prices, labor shortages and higher living costs due to inflation, even as the prolonged pandemic finally began to subside and the shift toward a post-pandemic economy accelerated. Uncertainty over the outlook continued.」

「Although recruitment difficulties have continued amid historically severe labor shortages,」

「As orders in the customer-service and retail and tourism fields trended higher with the easing of the COVID-19 pandemic, and as the logistics field approached its peak season at year-end, we strengthened recruitment and focused on developing managers while steadily preparing for the next fiscal year and beyond.」

「Recruitment difficulties have continued as the domestic economy recovers,」

「Labor shortages and recruitment difficulties have continued as manufacturing-related industries recover. We are investing primarily in our owned media platform JOB PAPER and preparing for further expansion from the next period onward.」

「Recruitment difficulties have continued due to a substantial increase in orders. We are investing primarily in our owned media platform JOB PAPER and strengthening recruitment to support further expansion.」

「Recruitment difficulties have continued as related industries recover. We are improving recruitment methods, including our owned media platform JOB PAPER, to improve efficiency and recruit highly talented people.」

「As related industries recover, recruiting highly skilled engineers has become even more difficult. In response, we are reviewing our recruitment methods and promoting skill development and career advancement among existing employees to provide higher-quality technical capabilities.」

「Japan continues to face nationwide labor shortages due in part to a declining working-age population caused by the declining birthrate and aging population. At our group, demand from customers is particularly strong for younger workers, whose supply is limited, and recruiting may become more difficult over the medium to long term.」

「Although the sense of labor shortages eased slightly in some areas, supply and demand remained tight, and supply constraints and rising labor costs associated with labor shortages continued to weigh on the domestic economy.」

「In addition, labor supply and demand remained tight, and supply constraints and rising labor costs associated with labor shortages also weighed on business sentiment, leaving the outlook uncertain.」

「Labor supply and demand also remained tight, and rising labor costs associated with labor shortages weighed on business sentiment, leaving the outlook uncertain.」

「The Japanese economy during the first quarter of the fiscal year under review was affected by a combination of sluggish Chinese economic growth, weak IT demand, chronic labor shortages and a rebound in crude oil prices, which weighed on business sentiment across a broad range of industries.」

「The labor shortage that has been constraining business sentiment also remained severe, while the effective job-offers-to-applicants ratio stayed at a level not seen for approximately 44 years, leaving the outlook for the economy uncertain.」

「The effective job-offers-to-applicants ratio also remained at a historically high level of 1.62 in June 2018, above the bubble-era level, and severe labor shortages at companies continued to spread.」

「Labor supply and demand also remained tight. The employment conditions diffusion index widened further into negative territory, while the annual average effective job-offers-to-applicants ratio remained high at 1.59, and companies' sense of labor shortages continued to intensify.」

「The annual average effective job-offers-to-applicants ratio also remained at a 44-year high of 1.50, and companies' sense of labor shortages continued to intensify.」

「The effective job-offers-to-applicants ratio was 1.52 in September, exceeding the bubble-era peak of 1.46 and remaining at a 43-year high, while the shortage of workers became even more pronounced.」

「The figure indicating labor shortages among large companies in the Bank of Japan's Tankan survey reached its highest level in 25 years. The effective job-offers-to-applicants ratio was 1.48 in April, exceeding the bubble-era level of 1.46 in July 1990, further intensifying the sense of labor shortages.」

「The employment conditions diffusion index in the Bank of Japan's Tankan survey reached a level indicating the most severe labor shortage since February 1992, making the shortage of workers increasingly pronounced.」

「The employment conditions diffusion index in the Bank of Japan’s December Tankan survey showed a shortage of 6 points among large manufacturers and 19 points among large non-manufacturers. Further shortages are also expected across all company sizes and industries over the next 3 months.」

「The employment conditions diffusion index in the Bank of Japan’s June Tankan survey showed a shortage of 6 points for manufacturers and 25 points for non-manufacturers. A further deterioration in labor shortages is also expected in both sectors over the next 3 months.」