Difficulties Securing Talent and Rising Labor Costs
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 4 of 10 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Intensifying competition to secure personnel due to a declining labour force and increasing pressure for wage increases as the economy recovers and employment conditions improve」
The risk of rising labour costs due to competition to secure personnel, pressure for wage increases and legal amendments continues to be disclosed. - FY2022First statedAnnual report
「If competition to secure personnel intensifies due to a declining labour force, pressure for wage increases grows as the economy recovers and employment conditions improve, or labour costs rise significantly due to revisions to labour-related laws, including the Immigration Control and Refugee-Recognition Act, aimed at narrowing treatment disparities, or if it becomes difficult to develop internal personnel or secure personnel, the Group's operating results and financial position may be affected.」
The Group identifies recruitment competition, pressure for wage increases, legal amendments and difficulties in developing personnel as risks related to securing and training the personnel needed to expand its business.