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Nihon Knowledge Co (5252) · RiskFirst stated

Increase in Personnel Costs Due to Hiring Engineers in Advance

First written in FY2026. . Latest entry: FY2026.

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Same theme, other companies
Risk of Lower Utilization and Billing Rates from the Continuous Employment of Permanent EngineersA theme 12 companies write about · 12 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.

2 other companies' latest entry also says "First stated".

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  1. FY2026First statedAnnual report

    「If engineers are secured ahead of orders, creating an imbalance with the order volume, personnel expenses may temporarily increase, potentially affecting the group's operating results and financial position.」

    Amid a shortage of engineers, the company has newly disclosed as a separate risk the possibility that personnel expenses will increase ahead of orders due to aggressive hiring. It plans to respond by shifting toward higher-priced projects and improving technical capabilities across the group.
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Increase in Personnel Costs Due to Hiring Engineers in Advance | Nihon Knowledge Co,Ltd. (5252) | Komori