Expansion of the Staffing and Recruitment Services Market Amid Structural Labor Shortages
First written in FY2017-Q1. 8 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 1 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The domestic human resources services market in which our group operates is experiencing a further deepening of structural labor shortages against a backdrop of the declining working-age population accompanying the declining birthrate and aging population, as well as changes in the industrial structure.」
The company described labor shortages as “further deepening” and specified competition among companies to secure talent, mismatches in the labor market, difficulties in recruitment and rising labor costs as issues. - FY2025AdvancedAnnual report
「The domestic human resources services market is experiencing a rapid worsening of labor shortages resulting from the declining working-age population caused by the declining birthrate and aging population, as well as changes in the industrial structure.」
The description of structural labor shortages was strengthened from the previous assessment to state that they were “progressing rapidly,” and the company also mentioned mismatches in the labor market, difficulties in recruitment and rising labor costs. - FY2023RestatedAnnual report
「The domestic human resources services market in which our group operates is characterized by structural labor shortages resulting from the decline in the working-age population and changes in the industrial structure, and we recognize that corporate demand for recruitment remains firm.」
The company continued to describe structural labor shortages caused by the declining working-age population and changes in the industrial structure, together with firm recruitment demand, as features of the market environment. - FY2023-Q3RestatedAnnual report
「Corporate recruitment demand remained firm in Japan, resulting in higher revenue, mainly from domestic job sites.」
The company continued to explain that firm corporate recruitment demand resulted in higher revenue, mainly from domestic job sites. - FY2022AdvancedAnnual report
「The basic environment for the domestic human resources services market in which our group operates is characterized by structural labor shortages resulting from the decline in the working-age population and changes in the industrial structure, and we recognize that corporate demand for recruitment remains firm. In addition, the COVID-19 pandemic has prompted companies to promote digitalization and brought changes in working styles, including telework and freelancing.」
In addition to explaining market expansion driven by structural labor shortages, the company identified changes in working styles, including digitalization, telework and freelancing, and increasing labor mobility as new market factors. - FY2022-Q3AdvancedAnnual report
「In Japan, in addition to the high-level talent for which recruitment demand had already begun to recover, recruitment demand for people without experience in the relevant industries or occupations also began to expand following the lifting of the state of emergency. As a result, revenue increased, mainly from domestic job sites.」
The recovery in recruitment demand spread from high-level talent to people without industry or occupational experience, contributing to higher revenue, mainly from domestic job sites. - FY2020RestatedAnnual report
「The basic environment for the domestic human resources services market in which our group operates is characterized by structural labor shortages resulting from the decline in the working-age population and changes in the industrial structure, and we recognize that corporate demand for recruitment remains firm. In addition, the increasing acceptance of job changes, particularly among younger workers, and rapid changes in Japan’s employment practices, including the lifetime employment system, are expected to further increase labor mobility and benefit the domestic human resources services market.」
The company continued to cite structural labor shortages as a factor behind market expansion, adding increased labor mobility resulting from the growing acceptance of job changes among younger workers and changes in Japan’s employment practices as a new tailwind for the market. - FY2018-Q1RestatedAnnual report
「The human resources services market continued to expand during the first quarter, as structural labor shortages resulting from the declining birthrate, aging population and shift toward a service-based industrial structure continued to drive the effective job openings-to-applicants ratio higher.」
The company continued to explain that structural labor shortages resulting from the declining birthrate, aging population and shift toward a service-based industrial structure were driving market expansion. - FY2017RestatedAnnual report
「The human resources services market continued to grow during the fiscal year, as structural labor shortages resulting from the declining birthrate, aging population and shift toward a service-based industrial structure led to a higher effective job openings-to-applicants ratio and a lower unemployment rate.」
The company continued to explain that structural labor shortages resulting from the declining birthrate, aging population and shift toward a service-based industrial structure were driving growth in the human resources services market. - FY2017-Q3RestatedAnnual report
「Although concerns about the outlook for the domestic economy arose due to uncertainty in overseas political and economic conditions, the impact of structural labor shortages, particularly among domestic demand-oriented companies, remained significant. The human resources services market continued to grow, with the effective job openings-to-applicants ratio reaching 1.43 in December 2016.」
The company continued to explain that the human resources services market was growing against a backdrop of structural labor shortages. The effective job openings-to-applicants ratio was stated as 1.43. - FY2017-Q2RestatedAnnual report
「Although the outlook for the domestic economy remained uncertain due to the sharp appreciation of the yen caused by the UK’s EU withdrawal issue, concerns over a slowdown in emerging-market economies and other factors, the impact of structural labor shortages was particularly significant, especially among domestic demand-oriented companies. The human resources services market continued to grow, with the effective job openings-to-applicants ratio reaching 1.38 in September 2016.」
The company continued to cite structural labor shortages as a factor behind market growth. The effective job openings-to-applicants ratio was stated as 1.38, and concerns over a slowdown in emerging-market economies were also mentioned. - FY2017-Q1First statedAnnual report
「Although the outlook for the domestic economy became uncertain due to the sharp appreciation of the yen caused by the UK’s EU withdrawal issue and other factors, the impact of structural labor shortages was particularly significant among domestic demand-oriented companies. The human resources services market continued to expand, with the effective job openings-to-applicants ratio rising for the fourth consecutive month to 1.37 in June 2016.」
The company cites labor shortages and the rising effective job openings-to-applicants ratio as factors behind market expansion.