Delayed response to the declining birthrate, rapidly aging population, and intensifying competition
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2023.
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- FY2023RestatedAnnual report
「The declining birth rate and super-aging population are a national issue that will undoubtedly continue to advance, and the "100-year life" era is expected to arrive in the near future. Responding to this major change is essential, and competition with both companies in the same industry and companies in other industries is certain to intensify, making delayed action a risk.」
Reaffirming the risk that delays in responding to the declining birth rate, super-aging population and "100-year life" era will lead to intensifying competition with companies in the same and other industries. - FY2019First statedAnnual report
「The declining birthrate and super-aging population are national challenges that will continue with certainty, and the “100-year life” era is certain to arrive in the near future. Responding to this major change is essential, and because intensifying competition with both companies in the same industry and companies in other industries is inevitable, failure to respond promptly will create a risk.」
The transition to a declining birthrate, super-aging population and a 100-year life is presented as a structural change, and the risk that a delayed response will intensify competition with companies in the same and other industries is explicitly stated for the first time.