Risks from talent shortages, recruitment competition and the loss of technical expertise
First written in FY2023. 1 of 2 entries say "Worsened", first in FY2026. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「The main sustainability-related risks concerning human capital include shortages of specialized personnel, lower retention rates associated with greater workforce mobility, and skill obsolescence. These risks may affect medium- to long-term growth and profitability.」
In addition to the existing risks of talent shortages, recruitment competition and the loss of technical expertise, the company explicitly identified lower retention rates due to greater workforce mobility and skill obsolescence, broadening the scope of the risks. - FY2023First statedAnnual report
「The environment surrounding human resources strategies is changing, including the diversification of work styles and attitudes toward employment, the decline in the working-age population, and accelerating longevity and population aging. Our group also faces the following risks: shortages of personnel supporting continued production and business expansion; higher costs resulting from intensified competition for talent and rising wages; and the loss of technical expertise and know-how due to shortages of key personnel, among others.」
Talent shortages, competition for recruitment and rising wages, and the loss of technical expertise and know-how due to shortages of key personnel are described separately as major social risks.