Declining demand for payroll processing due to a shrinking total labor force
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「The number of people subject to payroll processing and the number of transactions processed may decline as a result of corporate cost-cutting and reductions in employee numbers due to an economic downturn, the progress of automation and the diversification of work styles.」
Regarding the risk of declining demand due to a shrinking total working population, specifies economic downturns, reductions in employee numbers, automation and diversified work styles as channels through which demand may decline. - FY2025RestatedAnnual report
「However, the total working population may decline in the future as a result of the declining birth rate and other factors. As a result, the number of wage earners may decline, and the volume of payroll-processing and other outsourcing work undertaken by the Group may decrease.」
Continues to identify the risks of a future decline in the total working population and number of wage earners due to the declining birth rate, and a decline in outsourced volumes. - FY2023RestatedAnnual report
「However, the total working population may decline in the future as a result of the declining birth rate and other factors. As a result, the number of wage earners may decline, and the volume of payroll-processing and other outsourcing work undertaken by the Group may decrease.」
Continues to identify the risks of a future decline in the total working population and number of wage earners due to the declining birth rate, and a decline in outsourced payroll-processing volumes. - FY2020RestatedAnnual report
「However, the total working population may decline in the future as a result of the declining birth rate and other factors. As a result, the number of wage earners may decline, and the volume of payroll-processing and other outsourcing work undertaken by the Group may decrease.」
While the current total working population is broadly flat, continues to identify the risk of declining outsourced payroll-processing volumes due to a future population decrease. - FY2019RestatedAnnual report
「The total working population is currently broadly flat, and the number of wage earners has therefore also remained broadly flat. However, the total working population may decline in the future as a result of the declining birth rate and other factors. As a result, the number of wage earners may decline, and the volume of payroll-processing and other outsourcing work undertaken by the Group may decrease.」
While the current total working population and number of wage earners are broadly flat, continues to identify the risk of declining outsourced volumes due to a future population decrease. - FY2018RestatedAnnual report
「The total working population is currently broadly flat, and the number of wage earners has therefore also remained broadly flat. However, the total working population may decline in the future as a result of the declining birth rate and other factors.」
While current levels are broadly flat, continues to identify the risk of declining outsourced payroll-processing volumes due to a future decrease in the total working population. - FY2017RestatedAnnual report
「If the number of wage earners declines in the future as a result of a shrinking total working population, and the volume of payroll-processing work outsourced to the Group decreases, the Group's performance may be affected.」
Continues to identify the risk of a decline in outsourced payroll-processing volumes due to a shrinking total working population. - FY2016First statedAnnual report
「If the number of wage earners declines in the future as a result of a shrinking total working population, and the volume of payroll-processing work outsourced to the Group decreases, the Group's performance may be affected.」
Identifies the long-term decline in the population subject to processing as a risk, in contrast to the factors driving growth in outsourcing demand.