Population Decline and Medium- to Long-Term Labor Shortages
First written in FY2021. 7 of 11 entries say "Restated". Latest entry: FY2026.
Meiho Holdings moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 15 of 60 companies on the "Worse" side.
56 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Meanwhile, the effects of rising prices continued to be felt, the labor shortage persisted, and conditions continued to require attention to fluctuations in the financial and capital markets and other factors.」
The Company indicated that the labor shortage continued. In the human resources services business, the average active job openings-to-applicants ratio for FY2025 was 1.20, down from 1.25 in the previous fiscal year. - FY2025RestatedAnnual report
「In Japan, concern exists that the working-age population will decline substantially as a result of population decline and the aging of society, and policies are being considered to promote the participation of women, young people, older people and members of the employment ice-age generation, among others. The Company expects the market for this business to expand as demand for the limited labor force increases.」
The Company continues to recognize that population decline and the aging of society will reduce the working-age population and expects demand for the limited labor force to increase. The average effective ratio of job offers to applicants was stated as 1.25x for fiscal 2024. - FY2024-Q3WorsenedAnnual report
「In the nursing care business, demand for nursing care services has increased against the backdrop of a super-aging society, while securing nursing care personnel has become more difficult as the working-age population declines. Securing and retaining personnel to meet future demand is an important management challenge.」
The document states that demand for nursing care services is increasing against the backdrop of a declining working-age population, while securing nursing care personnel has become even more difficult. It identifies securing and retaining personnel as an important challenge. - FY2023RestatedAnnual report
「In Japan, concern exists that the working-age population will decline substantially as a result of population decline and the aging of society, and policies are being considered to promote the participation of women, young people, older people and members of the employment ice-age generation, among others. The Company expects the market for this business to expand as demand for the limited labor force increases.」
The Company continues to recognize that population decline and the aging of society will reduce the working-age population, while demand for the limited labor force will increase. - FY2023-Q3WorsenedAnnual report
「In the human resources-related services business, demand in the construction industry, where its major customers operate, remained firm, and inquiries for dispatched engineers were solid. At the same time, the importance of securing personnel in the recruitment market has increased further.」
The document states that demand for dispatched engineers remains firm while the importance of securing talent in the recruitment market is increasing further, indicating mounting pressure to secure personnel. - FY2023-Q1RestatedAnnual report
「In the human resources-related services business, the number of people employed in the construction industry, where its main customers operate, continues to decline while the workforce ages. Accordingly, the Company expects demand for dispatched engineers and foreign workers to remain firm as it seeks to maintain its production structure.」
The Company recognizes that employment in the construction industry continues to decline and the workforce continues to age, and maintains its outlook for expanding demand driven by labor shortages. - FY2022RestatedAnnual report
「In Japan, concern exists that the working-age population will decline substantially as a result of population decline and the aging of society, and policies are being considered to promote the participation of women, young people, older people and members of the employment ice-age generation, among others. The Company expects the market for this business to expand as demand for the limited labor force increases.」
The Company continues to describe concern over a decline in the working-age population resulting from population decline and the aging of society. - FY2022-Q3RestatedAnnual report
「In the staffing and security services industries, employment conditions remain weak as the effects of COVID-19 persist. However, the Company expects conditions to remain firm going forward, given signs of recovery in the ratio of new job offers to applicants and continued growth in the number of effective job offers.」
The Company describes employment conditions as weak but recognizes signs of recovery in the ratio of new job offers to applicants and growth in the number of effective job offers. No material change in the underlying medium- to long-term labor shortage risk is stated. - FY2022-Q2RestatedAnnual report
「In the staffing and security services industries, labor shortages had been becoming more severe amid sustained improvements in various employment-related indicators. The effects of the spread of COVID-19, including workers being forced to leave their jobs or remain at home, continue to this day.」
The document states that the worsening labor shortage and the effects of COVID-19, including workers being forced to leave their jobs or remain at home, continue. - FY2022-Q1WorsenedAnnual report
「In the staffing and security services industries, labor shortages had been becoming more severe amid sustained improvements in various employment-related indicators. The spread of COVID-19 then forced workers to leave their jobs or remain at home, among other effects.」
The document describes the worsening labor shortage and, in addition to the previous 2030 labor supply-demand forecast, discusses the increasing severity of labor shortages in the industries. - FY2021First statedAnnual report
「By 2030, labor demand is estimated at 70.73 million people, while labor supply is expected to reach only 64.29 million, resulting in a projected labor shortage of 6.44 million people.」
The Company presents an external forecast of the labor supply-demand gap in 2030 as part of the business environment for human resources-related services.