Risk of higher labor and statutory employee benefit costs from tighter labor regulations
First written in FY2019. 1 of 2 entries say "Worsened", first in FY2020. Latest entry: FY2020.
Hamayuu moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 4 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2020WorsenedAnnual report
「If these regulations and standards are strengthened or expanded in the future, higher statutory benefit costs and labor costs associated with strengthening staffing levels could affect the Company's financial position and operating results. In addition, if the Company violates labor-related laws or regulations, regulatory authorities may order it to improve its operations, and claims by employees and other consequences could affect the Company's financial position, operating results, brand image and social credibility.」
In addition to the risk of higher labor costs due to tighter regulations, the Company additionally described the risks of orders to improve operations, employee claims, and damage to its credibility and brand resulting from violations of labor-related laws and regulations. - FY2019First statedAnnual report
「If these regulations and standards are strengthened or expanded in the future, higher statutory benefit costs and labor costs associated with strengthening staffing levels could affect the Company's financial position and operating results.」
The Company cites regulations concerning fixed-term employment, minimum wages, overtime hours and other working conditions.