Risk of Market Contraction Due to the Declining Birthrate, Aging Population and Shrinking Working-Age Population
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 10 of 30 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our Group recognizes that, as risks in human capital management, the decline in the working-age population and increased labor mobility are significant risks that could impede sustainable growth by reducing labor productivity and creating deficiencies in our talent portfolio.」
The Group continues to recognize personnel and market-related risks arising from the decline in the working-age population and intends to address them through its human resources strategy. - FY2023First statedAnnual report
「The decline in the working-age population resulting from the declining birthrate and population aging is a major social issue that could shrink the market through lower consumption and production, and represents a significant risk to the growth of our Group's businesses.」
The decline in the working-age population was newly described not only as a risk related to securing personnel, but also as a business-growth risk arising from market contraction due to lower consumption and production.