Risk of Difficulty Securing Personnel and Worker Attrition at the China Plant
First written in FY2018. 1 of 3 entries say "Mitigated", first in FY2019. Latest entry: FY2020.
Kowa moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Reframed".
- FY2020ReframedAnnual report
「The Group believes that it must continuously secure personnel to support future business expansion. It plans to secure suitable high-caliber personnel and develop its human resources. However, if the recruitment of high-caliber personnel does not progress as planned, or if many current employees leave, the Group's competitiveness may decline and its business expansion may be affected.」
The scope of the disclosure has expanded from its previous focus on employee attrition at the Chinese factory to the Group-wide risks of securing personnel and employee outflows. - FY2019MitigatedAnnual report
「The company has taken steps to support the lives of workers from rural areas, including fully equipped employee dormitories, and has established programs to promote interaction among employees, such as an annual company trip and sports day, as well as mechanisms for gathering employee opinions. However, if it is unable to secure enough factory workers in the future, its production activities may be disrupted, affecting the Group's operating results and financial position.」
While continuing to disclose the risk of high employee attrition at the 東莞 factory, the company provides details of measures including employee dormitories, welfare programs, and mechanisms for gathering opinions. - FY2018First statedAnnual report
「At 東莞幸和家庭日用品有限公司, the number of employees leaving the factory's non-managerial workforce has been high. If the company is unable to secure enough factory workers in the future, its production activities may be disrupted, affecting the Group's operating results and financial position.」
The company describes employee attrition at its Chinese factory as an existing situation and identifies the risk of securing personnel needed to avoid production disruptions.