Chronic labor shortages
First written in FY2020-Q2. 3 of 4 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 15 of 29 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Although air-passenger demand, which had been sluggish during the COVID-19 pandemic, recovered, the aerospace business remained in an adjustment phase due to the impact of efforts to rebuild the industry's supply chain, including labor shortages.」
It was reported that labor shortages were affecting the rebuilding of the supply chain in the aerospace business, and the risk awareness regarding labor shortages continues. - FY2025-Q1RestatedAnnual report
「Housing demand slowed due to higher construction-material costs and labor shortages, among other factors, and」
Labor shortages were cited as a factor behind the slowdown in housing demand, and the existing risk awareness regarding chronic labor shortages continued to be reported. - FY2020-Q3RestatedAnnual report
「The outlook remains uncertain due to the impact of unstable international conditions, an economic slowdown resulting from the consumption tax increase, and chronic labor shortages, among other factors.」
Chronic labor shortages continue to be reported as a risk factor contributing to uncertainty over the economic outlook. - FY2020-Q2First statedAnnual report
「The outlook remains uncertain due to factors including concerns over a prolonged US-China trade dispute and a slowdown in the Chinese economy, uncertainty surrounding the UK's withdrawal from the EU, Japan-South Korea issues and a chronic labor shortage.」
A chronic labor shortage was first explicitly identified as an external and operating-environment risk contributing to uncertainty over the economic outlook.