Rising labor costs and inability to pass them on as the labor force declines
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: 2026-06-18.
Meiho Holdings moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 28 of 41 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- 2026-06-18MaterialisedRevision of earnings forecasts
「While the cost of recruiting and retaining temporary staff continues to rise against a backdrop of a declining working-age population, it is difficult to differentiate services in the general administrative field based on skills, making it difficult to pass sufficient price increases through to staffing fees.」
Rising recruitment and retention costs for temporary staff amid a declining working-age population, together with the difficulty of passing price increases through to staffing fees, became specific factors in the revision of レゾナゲート’s business plan and the recognition of an impairment loss. - FY2025RestatedAnnual report
「Rapid increases in labor costs may occur as a result of changes in the labor market, including a declining working-age population. On the other hand, if the increase in labor costs cannot be passed through to contract prices, this could have a material impact on our group's operating results and financial position.」
The risk of rising labor costs due to a declining working-age population and the inability to pass them through to contract prices continues to be disclosed. - FY2023RestatedAnnual report
「Rapid increases in labor costs may occur as a result of changes in the labor market, including a declining working-age population. On the other hand, if the increase in labor costs cannot be passed through to contract prices, this could have a material impact on our group's operating results and financial position.」
Rising labor costs driven by a declining working-age population and the risk of being unable to pass them through to contract prices continued to be disclosed. - FY2022First statedAnnual report
「Rapid increases in labor costs may occur as a result of changes in the labor market, including a declining working-age population. On the other hand, if the increase in labor costs cannot be passed through to contract prices, this could have a material impact on our group's operating results and financial position.」
Rising labor costs driven by a declining working-age population and the inability to pass them through to contract prices were newly disclosed as risks.