Rising Labor Costs Due to Labor Shortages
First written in FY2016. 10 of 13 entries say "Restated". Latest entry: FY2024.
Mitani Sekisan moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 25 of 55 companies on the "Worse" side.
26 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「In addition, as the effects of labor shortages stemming from the so-called “2024 problem,” intensifying price competition with other companies and soaring raw-material prices are expected to continue,」
The company newly identifies the “2024 problem” as a cause of labor shortages and expects future impacts from it, together with intensifying price competition and soaring raw-material prices. - FY2019RestatedAnnual report
「Meanwhile, uncertain conditions continue, including soaring raw-material prices, higher labor costs due to labor shortages, and uncertainties in overseas economies such as U.S. protectionist trade policies.」
The company has reiterated higher labor costs due to labor shortages as a factor contributing to an uncertain business environment. - FY2019-Q3RestatedAnnual report
「Meanwhile, uncertain conditions continue, including soaring raw-material prices, higher labor costs due to labor shortages, and uncertainties in overseas economies such as U.S. protectionist trade policies.」
The company has reiterated higher labor costs due to labor shortages as a factor contributing to an uncertain business environment. - FY2019-Q2RestatedAnnual report
「Meanwhile, uncertain conditions continue, including soaring raw-material prices, higher labor costs due to labor shortages, and uncertainties in overseas economies such as U.S. protectionist trade policies.」
The company has reiterated higher labor costs due to labor shortages as a factor contributing to an uncertain business environment. - FY2019-Q1RestatedAnnual report
「Meanwhile, uncertain conditions continue, including soaring raw-material prices, higher labor costs due to labor shortages, and uncertainties in overseas economies such as the operation of U.S. economic policy.」
The company has reiterated higher labor costs due to labor shortages as a factor contributing to an uncertain business environment. - FY2018RestatedAnnual report
「Meanwhile, uncertain conditions continue, including higher labor costs due to labor shortages and uncertainties in overseas economies such as the operation of U.S. economic policy.」
The company has reiterated higher labor costs due to labor shortages and uncertainties in overseas economies as factors contributing to an uncertain business environment. - FY2018-Q3RestatedAnnual report
「Meanwhile, uncertain conditions continue, including higher labor costs due to labor shortages and uncertainties in overseas economies such as the operation of U.S. economic policy.」
The company has reiterated its view that an uncertain business environment, including higher labor costs due to labor shortages, continues. - FY2018-Q2RestatedAnnual report
「Meanwhile, uncertain conditions continue, including higher labor costs due to labor shortages and uncertainties in overseas economies such as the operation of U.S. economic policy.」
The company has reiterated higher labor costs due to labor shortages and uncertainties in overseas economies as factors contributing to an uncertain business environment. - FY2018-Q1RestatedAnnual report
「Meanwhile, uncertain conditions continue, including higher labor costs due to labor shortages and uncertainties in overseas economies such as the operation of U.S. economic policy.」
The company continues to cite higher labor costs due to labor shortages as a factor contributing to an uncertain outlook. - FY2017-Q3RestatedAnnual report
「The business environment surrounding the Group is expected to become even more challenging, owing to further intensification of competition for orders, higher labor costs due to labor shortages and other factors.」
The company has reiterated its view that competition for orders is intensifying, labor costs are rising because of labor shortages, and the business environment is becoming increasingly challenging. - FY2017-Q2RestatedAnnual report
「The Group's management strives to formulate the best management policies based on the current business environment and available information, but the business environment surrounding the Group is expected to become increasingly challenging due to further intensification of competition for orders and rising labor costs resulting from labor shortages, among other factors.」
The company has reiterated, using the same wording as in the previous quarter, its view that order competition is intensifying, labor costs are rising because of labor shortages, and the business environment is becoming increasingly challenging. - FY2017-Q1WorsenedAnnual report
「The Group's management strives to formulate the best management policies based on the current business environment and available information, but the business environment surrounding the Group is expected to become increasingly challenging due to further intensification of competition for orders and rising labor costs resulting from labor shortages, among other factors.」
After continuing to cite higher labor costs due to labor shortages, the company has changed its wording to indicate that it expects the business environment to deteriorate further. - FY2016First statedAnnual report
「Uncertain conditions continue, including higher labor costs due to labor shortages and concerns over a downturn in overseas economies.」
The company identifies higher labor costs due to labor shortages as a factor contributing to an uncertain business environment.