Komori
Asmo (2654) · RiskWorsened

Shortages of elder-care personnel and rising labor costs

First written in FY2016. 16 of 29 entries say "Restated". Latest entry: 2026-06-04.

29entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2020-Q3WorsenedFY2023-Q2 – FY2023WorsenedFY2025-H1 – 2026-05-142016: 220162017: 420172018: 320182019: 320192020: 420202021: 420212022: 320222023: 120232024: 220242025: 020252026: 32026
Same theme, other companies
Risk of personnel shortages and difficulty securing managers in the care and nursing businessA theme 26 companies write about · 26 as a headwind · 0 as a tailwind

Asmo moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).

The whole theme swung hardest in 2025: 5 of 15 companies on the "Worse" side.

5 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 26 companies compared. The sentences above are computed from all 26.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1WorsenedAnnual report

    「The company regards addressing the increasingly serious labor shortage as a key priority and is taking steps to do so.」

    The company explicitly states that the shortage of care personnel is becoming more serious each year, indicating that the personnel shortage risk in operating care services is continuing and worsening. It also describes measures involving a review of working conditions and improvements in wages.
  2. FY2024MitigatedAnnual report

    「Through active efforts to attract new residents and improvements in compensation, including wages, aimed at eliminating the chronic shortage of employees, we achieved higher employee retention and new hiring and secured an environment for providing services on a stable basis.」

    Amid a continuing chronic personnel shortage, improved employee treatment resulted in higher employee retention and new hires, and the company describes the results of its response to the personnel shortage risk.
  3. FY2023WorsenedAnnual report

    「In the ASMO care services business, conditions remain difficult both currently and looking ahead as the care industry faces rapidly rising prices for various expenses and labor, while recovery in the number of users lost due to the impact of the novel coronavirus disease is taking time.」

    Higher miscellaneous expenses and labor costs due to rising prices and the delayed recovery in user numbers following the pandemic are occurring simultaneously, and difficult conditions in the care business continue both currently and looking ahead.
  4. FY2023-Q2WorsenedAnnual report

    「Across the care industry, conditions are difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, as well as a decline in the number of users caused by the prolonged impact of the novel coronavirus disease. Against this backdrop, service provision temporarily declined at several facilities because users and staff became infected, resulting in difficult outcomes for both revenue and profit.」

    In addition to a persistent labor shortage, rising labor costs and declining user numbers, service provision temporarily declined at several facilities because users and staff became infected, resulting in difficult revenue and profit outcomes for the care business.
  5. FY2023-Q1RestatedAnnual report

    「Across the care industry, conditions are difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, as well as a decline in the number of users caused by the prolonged impact of the novel coronavirus disease.」

    The company reconfirms the difficult environment caused by a persistent shortage of personnel relative to demand for care services, rising labor costs and a decline in the number of users due to the prolonged pandemic.
  6. FY2022-Q3RestatedAnnual report

    「In the ASMO care services business, conditions across the care industry are difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, as well as a decline in the number of users caused by the prolonged impact of the novel coronavirus disease.」

    The company reconfirms its view that, in addition to a persistent labor shortage and rising labor costs, the continuing decline in the number of users due to the prolonged pandemic has made conditions in the care industry difficult both currently and looking ahead.
  7. FY2022-Q2WorsenedAnnual report

    「In the ASMO care services business, conditions across the care industry are difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, as well as a decline in the number of users caused by the prolonged impact of the novel coronavirus disease.」

    The company states that, in addition to a persistent labor shortage and rising labor costs, a decline in the number of users due to the prolonged pandemic has made conditions in the care industry difficult both currently and looking ahead.
  8. FY2022-Q1WorsenedAnnual report

    「Across the care industry, conditions are difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, as well as a decline in the number of users caused by the prolonged impact of the novel coronavirus disease.」

    The company states that, in addition to a persistent labor shortage and rising labor costs, a decline in the number of users due to the prolonged pandemic has made conditions in the care industry difficult both currently and looking ahead.
  9. FY2021MitigatedAnnual report

    「Against this backdrop, we focused on initiatives to improve employee retention and active new hiring in preparation for strong demand after the pandemic, while thoroughly implementing infection-control measures. As a result, no major problems related to COVID-19 have occurred to date, and employee retention reached a record high this fiscal year.」

    The company explains that efforts to train personnel, improve employee retention, recruit new staff and implement infection-control measures resulted in the employee retention rate reaching a record high. It describes the results of its response to the labor shortage risk.
  10. FY2021-Q3RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions remain difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs amid growing demand.」

    The company reconfirms its view that, despite growing demand for care services, a persistent labor shortage and rising labor costs are making conditions difficult both currently and looking ahead.
  11. FY2021-Q2RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions remain difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs amid growing demand.」

    The company reconfirms its view that, despite growing demand for care services, conditions remain difficult both currently and looking ahead due to a persistent labor shortage and rising labor costs.
  12. FY2021-Q1WorsenedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions remain difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs amid growing demand.」

    The company continues to describe a difficult environment caused by a persistent labor shortage and rising labor costs despite growing demand for care services. In the first quarter, higher labor costs also contributed to the decline in profit.
  13. FY2020MitigatedAnnual report

    「The Group's focus on personnel training and preventing employee turnover as its highest priorities for the past 5 years has paid off, enabling it to retain employees and provide stable services. It will continue working to reduce this risk by improving compensation, training and the work environment.」

    The company states that continued efforts in personnel training and preventing employee turnover have enabled it to retain employees and provide stable services. It plans to continue improving compensation, training and the work environment to reduce the risk of personnel shortages.
  14. FY2020-Q3RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions are extremely difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, among other factors.」

    The company reconfirms its view that the persistent labor shortage and rising labor costs in the care industry are creating a difficult environment both currently and looking ahead.
  15. FY2020-Q2RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions are extremely difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, among other factors.」

    The company reconfirms its view that the persistent labor shortage in the care industry and the resulting rise in labor costs are creating a difficult environment both currently and looking ahead.
  16. FY2020-Q1RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. Across the industry, conditions are extremely difficult both currently and looking ahead due to a persistent labor shortage and the resulting rise in labor costs, among other factors.」

    The company reconfirms its view that the persistent labor shortage and rising labor costs in the care industry are creating a difficult environment both currently and looking ahead.
  17. FY2019-Q3RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative third quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to the revision of care fees following the April revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage.」

    The company reconfirms its view that the revision of care fees, a persistent labor shortage and rising labor costs are making conditions in the care business difficult both currently and looking ahead.
  18. FY2019-Q2RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative second quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to the revision of care fees following the April revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage.」

    The company continues to view the care business as facing difficult conditions both currently and looking ahead due to the revision of care fees under the Long-Term Care Insurance Act, a persistent labor shortage and rising labor costs.
  19. FY2019-Q1RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative first quarter of the current consolidated fiscal year, care fees were revised following the April revision of the Long-Term Care Insurance Act. Although care fees overall were revised upward, the Group's core home-visit care business received a substantial downward revision. In addition, rising labor costs resulting from a persistent labor shortage contributed to conditions that remained extremely difficult both currently and looking ahead.」

    The company describes a difficult environment in which care fees for home-visit care services were substantially revised downward, in addition to a persistent shortage of care workers and rising labor costs.
  20. FY2018-Q3RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative third quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors.」

    The company reconfirms its view that difficult business conditions caused by a significant reduction in care fees, a persistent labor shortage and rising labor costs are continuing.
  21. FY2018-Q2RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative second quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors.」

    The company reconfirms its view that the care business faces difficult conditions both currently and looking ahead due to a significant reduction in care fees, a persistent labor shortage and rising labor costs.
  22. FY2018-Q1RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative first quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors.」

    The company reconfirms its view that the care business faces difficult conditions both currently and looking ahead due to a significant reduction in care fees, a persistent labor shortage and rising labor costs.
  23. FY2017RestatedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the current consolidated fiscal year, under the revision of care fees following the April 2015 revision of the Long-Term Care Insurance Act, conditions remained extremely difficult both currently and looking ahead, as there was limited room for growth in care fees and labor costs rose due to a persistent labor shortage, among other factors.」

    The company continues to describe a difficult environment for the care business due to a persistent labor shortage and rising labor costs.
  24. FY2017-Q3RestatedAnnual report

    「With limited room for growth in care fees, conditions have remained extremely difficult both currently and looking ahead due to rising labor costs resulting from a persistent labor shortage, among other factors.」

    The company reiterates the difficult conditions caused by sluggish growth in care fees, a persistent labor shortage and rising labor costs.
  25. FY2017-Q2WorsenedAnnual report

    「The ASMO care services business operates home-visit care offices, in-home care support offices and fee-based nursing homes. During the cumulative second quarter of the current consolidated fiscal year, conditions remained extremely difficult both currently and looking ahead, due to a significant reduction in care fees following the April 2015 revision of the Long-Term Care Insurance Act and rising labor costs resulting from a persistent labor shortage, among other factors.」

    In addition to the longstanding difficulty of securing personnel, the company explicitly identified rising labor costs caused by labor shortages and described conditions both currently and looking ahead as extremely difficult.
  26. FY2016First statedAnnual report

    「The effective job-offers-to-applicants ratio for care workers has remained high, and the difficulty of securing personnel continues.」

    Against a backdrop of growing demand for care services and intensifying competition, this indicates the risk of difficulty securing the required qualified personnel.
Moved together

"Strengthening the earnings power of each business and securing stable earnings" moved the same way as this thread, in the same document, in 8 of its 29 moves.

866544★123456
  1. ★This thread
  2. 1Strengthening the earnings power of each business and securing stable earnings8×
  3. 2Risk of fluctuations in meat prices and volumes due to animal diseases and safeguards6×
  4. 3Earnings volatility from dependence on raw materials and price competition6×
  5. 4Risk of fluctuations in fresh-produce and other ingredient procurement costs due to weather and poor harvests5×
  6. 5Expanding Contracted Facilities and Differentiating through Food-Service Expertise4×
  7. 6Risk of accidents and infectious diseases during elder-care services4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Asmo yet. It last moved in the General Meetings of Shareholders of 2026-06-04: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.