Risk of securing and localising global talent and rising wages
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We will strengthen the development of human resources, transfer of technical expertise and cross-functional use of human resources in response to business expansion in ASEAN countries and elsewhere, with the aim of raising capabilities on the front lines and technical standards. We will promote the use of a global human resources database and work to assign the right people to the right positions and strengthen organisational capabilities.」
Specific measures were indicated for securing and developing human resources in line with overseas business expansion, including the transfer of technical expertise, cross-functional use of human resources, a global human resources database, and assigning the right people to the right positions. - FY2020RestatedAnnual report
「As the globalisation of the business accelerates, it is necessary to localise management, but there is a possibility that we may be unable to secure sufficient qualified candidates for executive positions. In addition, although we employ a large number of workers at overseas factories, employee wages are expected to rise.」
The shortage of local management talent, rising wages at overseas factories, and labour risks associated with differences in nationality and culture continue to be disclosed. - FY2019First statedAnnual report
「As the globalisation of the business accelerates, it is necessary to localise management, but there is a possibility that we may be unable to secure sufficient qualified candidates for executive positions. In addition, although we employ a large number of workers at overseas factories, employee wages are expected to rise.」
The shortage of local management talent, labour issues involving multiple nationalities and different cultures, and rising wages at overseas factories were disclosed as a new group of risks.