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Namura Shipbuilding (7014) · RiskMaterialised

Risk of gaps in the age structure and securing technical and skilled personnel

First written in FY2016. 4 of 6 entries say "Materialised", first in FY2018. Latest entry: FY2020-Q3.

6entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017MaterialisedFY2018 – FY2020-Q32016: 120162017: 120172018: 120182019: 220192020: 1
Same theme, other companies

Namura Shipbuilding moved to the "Worse" side of this theme in 2018, 6 years before the typical company in this theme (2024).

The whole theme swung hardest in 2018: 5 of 16 companies on the "Worse" side.

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

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 41 companies compared. The sentences above are computed from all 41.
Full recordFilings, disclosures and news, newest first
  1. FY2020-Q3MaterialisedAnnual report

    「At 佐世保重工業株式会社, it took time to optimize staffing, including personnel at on-site partner companies, and fundamentally review the production system.」

    The time required to optimize staffing and review the production system was linked to delays in rationalizing production schedules and costs.
  2. FY2020-Q2MaterialisedAnnual report

    「At 佐世保重工業株式会社, reductions in excess personnel at partner companies have not proceeded as planned because priority is being given to securing delivery schedules.」

    It was indicated that reductions in excess personnel at partner companies have not proceeded as planned while priority is being given to securing delivery schedules.
  3. FY2019MaterialisedAnnual report

    「The loss of many experienced employees through several rounds of substantial rationalization in the past, the inability to meet European shipowners' high-specification and high-quality requirements, and aging facilities resulted in production-schedule disruptions and delivery delays, ultimately leading to lower sales and deteriorating profitability.」

    The company continues to state that the loss of personnel led to an inability to meet high-specification requirements, production-schedule disruptions and delivery delays.
  4. FY2018MaterialisedAnnual report

    「The company recognizes that the loss of many employees through several rounds of rationalization in the past, along with delays in updating facilities, has contributed to disruptions in production schedules.」

    The loss of personnel through past rationalization was specifically identified as a factor behind production-schedule disruptions at 佐世保重工業株式会社. The risk of securing and developing personnel has become apparent in connection with production-schedule and cost issues.
  5. FY2017RestatedAnnual report

    「During the shipbuilding downturns in the Showa 50s and 60s, the company implemented a career-transition assistance program and, at times, did not conduct regular hiring. This resulted in gaps in certain age groups, and a certain number of employees will continue to reach the mandatory retirement age.」

    The company continues to identify gaps in its age structure, mandatory retirements, and the securing and development of personnel as risks.
  6. FY2016First statedAnnual report

    「During the shipbuilding downturns in the Showa 50s and 60s, the company implemented a career-transition assistance program and, at times, did not conduct regular hiring. This resulted in gaps in certain age groups, and a certain number of employees will continue to reach the mandatory retirement age. The company is implementing various training programs in each division to pass on technical knowledge and skills, but if it is unable to secure or adequately train personnel because of the hiring environment or other circumstances, this may adversely affect its future operating results and financial position.」

    The company identifies gaps in its age structure resulting from past hiring restraints, mandatory retirements, and the securing and development of personnel as risks.
Moved together

"Improving production efficiency and competitiveness through streamlining and labor-saving measures" moved the same way as this thread, in the same document, in 4 of its 6 moves.

433333★123456
  1. ★This thread
  2. 1Improving production efficiency and competitiveness through streamlining and labor-saving measures4×
  3. 2Maintaining Newbuilding Competitiveness Centered on Quality, Cost and Environmental Performance3×
  4. 3Maintaining 3 Years' Worth of Order Backlog at All Times3×
  5. 4Strengthening repair-vessel intake capacity, sales capabilities and cost competitiveness3×
  6. 5Construction losses due to low-priced vessels and a challenging order environment3×
  7. 6Foreign Exchange Risk Associated with U.S. Dollar-Denominated Shipbuilding Contracts3×

★ 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 Namura Shipbuilding yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of gaps in the age structure and securing technical and skilled personnel | Namura Shipbuilding Co.,Ltd. (7014) | Komori