Procurement Risks from Rising Wages and Labor Shortages in China
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Rising labor costs and labor shortages in China, our main production base, could affect manufacturing costs and delivery times. In addition, geopolitical risks such as tighter regulations by the Chinese government and US-China trade friction, as well as higher costs resulting from exchange-rate fluctuations, could reduce profit margins.」
The company continues to disclose procurement risks arising from rising wages and labor shortages in China, and now also cites Chinese government regulations, US-China trade friction and exchange-rate fluctuations as additional factors. - FY2021RestatedAnnual report
「If wages rise substantially further, this could increase product procurement costs.」
The company continues to disclose production and procurement risks arising from rising wages in China, labor shortages and higher procurement costs. - FY2018RestatedAnnual report
「If wages rise substantially further, this could increase product procurement costs. As wage increases have also spread inland, labor shortages in coastal areas could become more severe, potentially causing a significant decline in production capacity and making it difficult to manufacture our group's products.」
The company continues to disclose procurement and production risks arising from rising wages in China and labor shortages in coastal areas. - FY2017RestatedAnnual report
「If wages rise substantially further, this could increase product procurement costs. As wage increases have also spread inland, labor shortages in coastal areas could become more severe, potentially causing a significant decline in production capacity and making it difficult to manufacture our group's products.」
The company continues to disclose procurement and production risks arising from rising wages in China and labor shortages in coastal areas. - FY2016First statedAnnual report
「If wages rise substantially further, this could increase product procurement costs. As wage increases have also spread inland, labor shortages in coastal areas could become more severe, potentially causing a significant decline in production capacity and making it difficult to manufacture our group's products.」
The company identifies rising wages in China and labor shortages in coastal areas as risks affecting procurement costs and production capacity.