Risk of Fewer Policies Due to a Declining Birthrate, an Aging Population and a Shrinking Working-Age Population
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: 2026-04-03.
T&D Holdings moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- 2026-04-03WorsenedManagement planning
「The market is expected to contract over the long term as a result of megatrends such as declining birth rates, population aging and a shrinking working-age population.」
Market contraction caused by declining birth rates, population aging and a shrinking working-age population was explicitly identified as part of the environmental assumptions underlying the long-term vision. - FY2018RestatedAnnual report
「The number of new and in-force policies may decline in the future as the population ages, the birth rate declines and the working-age population shrinks.」
人口動態の変化による将来の契約減少リスクが継続している。 - FY2017First statedAnnual report
「The number of new and in-force policies may decline in the future as the population ages, the birth rate declines and the working-age population shrinks.」
Demographic change is identified as a risk that could reduce new and in-force policy volumes in the future.