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Jm Holdings (3539) · RiskRestated

Hiring difficulties and higher labor costs due to a declining working-age population

First written in FY2016. 11 of 14 entries say "Restated". Latest entry: FY2025.

14entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017RestatedFY2019-Q1 – FY2020-Q2WorsenedFY2020RestatedFY2024-Q1 – FY20252016: 12017: 120172018: 220182019: 420192020: 220202021: 020212022: 020222023: 120232024: 120242025: 22025
Same theme, other companies
Compound risks of labor shortages, employee turnover, and rising wages and social insurance premiumsA theme 51 companies write about · 51 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 15 of 29 companies on the "Worse" side.

18 other companies' latest entry also says "Restated".

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 51 companies compared. The sentences above are computed from all 51.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「Due to the decline in the working-age population and changes in employment patterns, we face difficulty recruiting full-time employees and part-time workers.」

    The company continues to identify difficulty recruiting full-time employees and part-time workers, as well as risks relating to the cost of securing and training personnel and higher hourly wage rates.
  2. FY2025-H1RestatedAnnual report

    「In the food retail industry, the operating environment remains challenging, as consumers have become increasingly focused on saving and low prices because food price increases have continued amid the weak yen and soaring raw material prices, in addition to rising costs including labor and logistics costs.」

    The company continues to identify rising costs, including labour and logistics costs, as a food retail industry risk relating to recruitment and labour costs.
  3. FY2024-Q3RestatedAnnual report

    「In the food retail industry, the operating environment remains challenging, as consumers have become increasingly focused on saving and low prices amid rising costs, including labor and logistics costs, compounded by repeated food price increases.」

    The company continues to identify rising costs, including labour and logistics costs, as a food retail industry risk relating to human resources and labour costs.
  4. FY2024-Q1RestatedAnnual report

    「In the food retail industry, the operating environment remains challenging, as consumers have become increasingly focused on saving and low prices amid rising labor, logistics, and utility costs, compounded by repeated food price increases.」

    The company continues to identify pressure on human resources and labour costs, including rising labour and logistics costs, as a risk for the food retail industry.
  5. FY2020WorsenedAnnual report

    「The challenging operating environment continues, including higher logistics costs, rising labour costs due to increases in the minimum wage, and difficulty recruiting part-time employees and temporary staff.」

    In addition to the existing recruitment difficulties and rising labour costs, the company explicitly identifies higher costs resulting from increased logistics charges and minimum wages.
  6. FY2020-Q2RestatedAnnual report

    「The food retail industry continues to face a challenging business environment due to intensifying competition across industry and business-format boundaries, consumers holding back on purchases as sentiment weakened following the consumption tax increase, and rising labor and logistics costs against a backdrop of labor shortages.」

    The company continues to identify rising labour costs driven by labour shortages as an adverse factor affecting the food retail industry.
  7. FY2020-Q1RestatedAnnual report

    「The food retail industry continues to face a challenging business environment due to intensifying competition across industry and business-format boundaries, consumers holding back on purchases as sentiment weakened following the consumption tax increase, and rising labor and logistics costs against a backdrop of labor shortages.」

    The company continues to identify rising labour costs driven by labour shortages as an adverse factor affecting the food retail industry.
  8. FY2019RestatedAnnual report

    「Due to the decline in the working-age population and changes in employment patterns, we face difficulty recruiting full-time employees and part-time workers.」

    The company continues to identify delays in securing and training full-time employees and part-time workers, and increases in selling, general and administrative expenses due to higher hourly wages for part-time workers, as risks.
  9. FY2019-Q3RestatedAnnual report

    「The food retail industry continues to face a challenging business environment due to consumers' deeply rooted thrift orientation, intensifying competition across industry and business-format boundaries, and rising labor and logistics costs against a backdrop of labor shortages.」

    The company continues to identify rising labour costs driven by labour shortages as an adverse factor affecting the food retail industry.
  10. FY2019-Q2RestatedAnnual report

    「The food retail industry continues to face a challenging business environment due to consumers' deeply rooted thrift orientation, intensifying competition across industry and business-format boundaries, and rising labor and logistics costs against a backdrop of labor shortages.」

    The company continues to identify rising labour costs driven by labour shortages as an adverse factor affecting the food retail industry.
  11. FY2019-Q1RestatedAnnual report

    「The food retail industry continues to face a challenging business environment due to consumers' deeply rooted thrift orientation, intensifying competition across industry and business-format boundaries, and rising labor and logistics costs against a backdrop of labor shortages.」

    The company continues to identify rising labour costs driven by labour shortages as an adverse factor affecting the food retail industry.
  12. FY2018-Q2WorsenedAnnual report

    「In addition to these conditions, the food retail industry continues to face a challenging operating environment due to the risk of overall market contraction from population decline and Japan's declining birthrate and aging population, rising labor costs caused by labor shortages, and intensifying competition as more companies enter online retail and food delivery businesses each year.」

    The company identifies rising labour costs due to labour shortages as an additional adverse factor for the food retail industry, alongside market contraction resulting from population decline and the declining birth rate and ageing population.
  13. FY2017RestatedAnnual report

    「Due to the decline in the working-age population and changes in employment patterns, we face difficulty recruiting full-time employees and part-time workers.」

    The company continues to identify delays in securing and training full-time employees and part-time workers, and increases in selling, general and administrative expenses due to higher hourly wages for part-time workers, as risks.
  14. FY2016First statedAnnual report

    「Due to the decline in the working-age population and changes in employment patterns, we face difficulty recruiting full-time employees and part-time workers.」

    The company identifies the risks that securing and training full-time employees and part-time workers may not proceed as planned, and that selling, general and administrative expenses may increase due to higher hourly wages for part-time workers.
Moved together

"Frugal consumer sentiment, intensifying competition, rising food prices, and concerns about safety and peace of mind" moved the same way as this thread, in the same document, in 2 of its 14 moves.

2★1
  1. ★This thread
  2. 1Frugal consumer sentiment, intensifying competition, rising food prices, and concerns about safety and peace of mind2×

★ 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.

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Hiring difficulties and higher labor costs due to a declining working-age population | JM HOLDINGS CO.,LTD. (3539) | Komori