Risk of being unable to secure high-caliber talent
First written in FY2016. 3 of 5 entries say "Worsened", first in FY2017. Latest entry: FY2021.
- FY2021WorsenedAnnual report
「In Japan, the labor shortage is expected to intensify further as the working-age population declines.」
Regarding the difficulty of securing personnel, the company indicates that the labor shortage is expected to intensify further as Japan's working-age population declines. - FY2019WorsenedAnnual report
「Securing personnel is the most difficult and serious challenge in several decades.」
The description of the difficulty of securing personnel has become more emphatic, shifting from the previous reference to increasing difficulty and rising labor costs to recognition of it as the most difficult and serious challenge in several decades. - FY2019-Q2MaterialisedAnnual report
「In Japan, orders for both power tool components and automotive parts increased, and sales were ¥2,081 million, up 26.0% year on year. However, the operating loss was ¥54 million, compared with an operating loss of ¥24 million in the same quarter of the previous year, due to higher personnel expenses and other costs.」
The previously identified risk of rising labor costs has emerged in actual performance, with higher labor and other costs contributing to the expansion of the operating loss in the domestic segment. - FY2017WorsenedAnnual report
「In addition to the recent sharp rise in labor costs resulting from Japan's economic recovery, securing personnel is becoming increasingly difficult. The company is also considering automation and reductions in scrap materials so that it can maintain production volumes with a small workforce,」
In addition to the previously identified risk of being unable to secure talented personnel, the company describes a situation in which labor costs are rising and securing personnel is becoming increasingly difficult. - FY2016First statedAnnual report
「The group considers its human resources an important asset. To expand its scale and remain in business, it focuses on recruiting talented people and developing employees who identify with its management philosophy. Accordingly, the inability to secure talented personnel may affect the group's performance.」
The company identifies the potential impact on performance of being unable to secure talented personnel as a risk, while positioning human resources as an important asset.