Labor Cost Pressures from Labor Shortages and Rising Wages
First written in FY2024. 3 of 5 entries say "Materialised", first in FY2025-H1. Latest entry: FY2026.
Molitec Steel 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 2025: 36 of 59 companies on the "Worse" side.
16 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In the sheet-metal processing products segment, net sales increased 2.6% year on year to ¥7.36 billion as demand from the agricultural machinery industry remained firm. However, segment profit (operating income) decreased 22.5% year on year to ¥499 million due to a review of the profitability of inventories of certain products.」
一部製品在庫の収益性見直しが鈑金加工品部門の営業利益減少要因として通期で実際に表れている。 - 2026-06-01RestatedGeneral Meetings of Shareholders
「There are also structural internal issues relating to improving productivity, including the aging of skilled workers and the individualization of inventory management.」
The Company explicitly identified the aging of skilled workers and the individualization of inventory management as structural issues relating to internal productivity improvement. - FY2025MaterialisedAnnual report
「鈑金加工品部門につきましては、主力販売先である自動車業界向けの売上高が微減したこと等により、売上高は71億7千4百万円と前連結会計年度比1.6％減少し、人件費や物流費の上昇等により、セグメント利益（営業利益）は6億4千4百万円と前連結会計年度比11.9％の減少となりました。」
人件費や物流費の上昇が鈑金加工品部門の利益減少要因として実際に記載され、労務費負担のリスクが業績に表れている。 - FY2025-H1MaterialisedAnnual report
「加えて、鋼材価格や労務費その他諸費用上昇分の価格転嫁も途上で収益が圧迫されておりますが、製造経費や販管費などのコスト削減に全社一丸となって取り組んで参りました。」
労務費を含む諸費用の上昇分を十分に価格転嫁できず、収益が圧迫されていることが実際の状況として記載されている。 - FY2024First statedAnnual report
「We also believe that higher labor costs resulting from wage increases against a backdrop of labor shortages may affect corporate activities.」
Wage increases caused by labor shortages and the resulting increase in labor costs were first identified as a standalone risk to corporate activities.