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Raiznext (6379) · RiskResponse following implementation of the statutory limits

Response to statutory limits on working hours under amended labor laws

First written in FY2020. 2 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2025.

4entries
6years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2020MitigatedFY2021 – FY20242020: 120202021: 120212022: 020222023: 020232024: 120242025: 12025
Same theme, other companies
Construction Industry Labor Shortages, Long Working Hours and Response to Working-Style RegulationsA theme 17 companies write about · 12 as a headwind · 5 as a tailwind

The whole theme swung hardest in 2023: 1 of 8 companies on the "Worse" side.

1 other company's latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. FY2025Response following implementation of the statutory limitsAnnual report

    「Based on the revised legislation, the statutory limits on working hours in the construction industry have been in effect since April 2024. Across the group, we are thoroughly implementing various measures to reduce overtime hours, promote health management and encourage and strengthen the use of paid annual leave.」

    The statutory limits on working hours in the construction industry, which had previously been scheduled to take effect, are now in force, and the company continues to address overtime reduction, health management, paid leave, personnel assignments and schedule adjustments.
  2. FY2024MitigatedAnnual report

    「In response to the 2024 statutory limits on overtime hours, we have worked across the company to achieve compliance one year ahead of schedule, including by increasing the number of dispatched supervisors and improving operational efficiency through the standardization of periodic repair work, and have addressed the issues that became apparent.」

    In response to the statutory limits taking effect in April 2024, the company identifies initiatives aimed at responding one year ahead of schedule, including increasing dispatched supervisors, standardizing operations, adjusting schedules and securing days off.
  3. FY2021MitigatedAnnual report

    「Since fiscal 2020, we have established the “Overtime Work Management Guidelines” to manage and thoroughly control overtime hours, and we are also planning to increase staffing and make appropriate personnel assignments. We are working with customers on measures such as adjusting construction schedules and securing days off, and striving to further reduce working hours.」

    In response to the statutory limits taking effect in April 2024, the company identifies as countermeasures the guidelines in place since fiscal 2020, personnel assignments, adjustments to staffing for projects, schedule adjustments and securing days off.
  4. FY2020First statedAnnual report

    「The statutory limits on working hours in the construction business will take effect in April 2024. Failure to comply with the limits may result in penalties, which could also lead to a loss of customer confidence and affect business performance.」

    The company identifies the statutory limits on working hours in the construction industry scheduled to take effect in April 2024 as a new legal and business-operating risk.
Moved together

"Maintaining and expanding market share in the oil and petrochemical sectors while diversifying the business portfolio" moved the same way as this thread, in the same document, in 2 of its 4 moves.

222222★123456
  1. ★This thread
  2. 1Maintaining and expanding market share in the oil and petrochemical sectors while diversifying the business portfolio2×
  3. 2Expanding orders by strengthening the maintenance business2×
  4. 3Liquidity risk from working capital requirements and financing2×
  5. 4Investments in growth strategies and strengthening the management base, FY2016–FY20182×
  6. 5Reducing the physical burden of maintenance work, lowering reliance on skilled labor and improving safety2×
  7. 6ICT-based maintenance management and centralization of on-site information2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Raiznext yet.
News
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