Difficulty Securing Human Resources Due to the Declining Birthrate and Shrinking Labor Force
First written in FY2020. 5 of 10 entries say "Materialised", first in FY2024-Q2. Latest entry: 2026-05-28.
Hokuetsu Metal moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 18 of 68 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in this interim securities report, or in the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the key risks, including the difficulty of securing personnel due to the declining birth rate and shrinking working-age population. - FY2025RestatedAnnual report
「In Japan, the declining birth rate and shrinking working-age population are ongoing realities, and if the Group fails to secure the personnel planned for, this could affect the Group's operating results and financial condition.」
The risk of difficulty securing personnel due to the declining birth rate and shrinking working-age population remains, with personnel development, support for self-directed learning, labor-saving investment and personnel recruitment initiatives listed as responses. - FY2024MaterialisedAnnual report
「Labor shortages in the construction industry and surging prices for various materials have led to repeated delays and revisions to construction schedules, causing demand for steel products for construction to deteriorate more than expected.」
The disclosure states that labor shortages in the construction industry have actually resulted in construction schedule delays and revisions, affecting the deterioration in demand for steel products for construction. - FY2024-Q3MaterialisedAnnual report
「Construction work has stalled due to a decline in new housing starts and labor shortages in the construction-related industry.」
The disclosure states that labor shortages in the construction-related industry have actually resulted in stalled construction progress, affecting declines in demand for steel products for construction and sales volumes. - FY2024-Q2MaterialisedAnnual report
「Construction work start dates and progress have been delayed due to labor shortages and other issues in the construction-related industry.」
The disclosure states that labor shortages in the construction-related industry have resulted in actual delays to construction starts and progress, affecting weak trends in demand for steel products and sales volumes. - FY2023RestatedAnnual report
「In Japan, the declining birth rate and shrinking working-age population are ongoing realities, and if the Group fails to secure the personnel planned for, this could affect the Group's operating results and financial condition.」
The disclosure reconfirms the difficulty of securing personnel due to the declining birth rate and shrinking working-age population, as well as the potential impact on operating results and financial condition if personnel targets are not met. - FY2022-Q1WorsenedAnnual report
「In response to the chronic shortage of skilled workers at construction sites, shortening construction schedules, stabilizing quality and improving safety have become social issues.」
The shortage of skilled workers at construction sites is specifically described as a chronic social issue. - FY2020First statedAnnual report
「In Japan, the declining birth rate and shrinking working-age population are ongoing realities, and if the Group fails to secure the personnel planned for, this could affect the Group's operating results and financial condition.」
For the first time, failure to secure the personnel planned for due to the declining birth rate and shrinking working-age population has been separately disclosed as a key risk affecting operating results and financial condition.