Impact of Population Decline, a Declining Birthrate and an Aging Population on Demand and Talent Recruitment
First written in FY2016. 8 of 12 entries say "Restated". Latest entry: FY2025.
West Japan Railway Company moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We regard the progression of population decline and the declining birthrate and aging population as our greatest business risk. While we will continue working to improve productivity through capital investment in mechanisation and other measures and through the use of generative AI, the increasing difficulty of securing the human resources needed to operate our group's businesses, expand our business areas and pursue challenges in new fields, in addition to a medium- to long-term decline in customer usage, may hinder the continuity of our group's businesses and the execution of our strategies.」
We continue to regard population decline and the declining birthrate and aging population as our greatest business risk, and describe their impact on demand, the securing of human resources, business continuity and strategy execution. - FY2024WorsenedAnnual report
「Meanwhile, in addition to increasingly severe natural disasters and changes in behaviour prompted by the COVID-19 pandemic, we are facing a situation in which it is becoming difficult to envision future changes, including market contraction accompanying population decline, intensifying competition to secure human resources, rising wages, prices and interest rates, diversifying customer needs, and the rapid development of innovative technologies such as generative AI.」
In addition to population decline risk, intensifying competition to secure human resources was described as having emerged in the business environment, while the impacts on demand, human resources and business continuity continue to be identified as the greatest business risks. - FY2023WorsenedAnnual report
「We regard the progression of population decline and the declining birthrate and aging population as our greatest business risk. In addition to a medium- to long-term decline in customer usage, the increasing difficulty of securing the human resources needed to operate our group's businesses, expand our business areas and pursue challenges in new fields may hinder the continuity of our group's businesses and the execution of our strategies.」
Population decline and the declining birthrate and aging population were explicitly identified as the greatest business risk, with the described scope of impact expanded to demand, the securing of human resources, business continuity and strategy execution. - FY2022RestatedAnnual report
「If population decline and the declining birthrate and aging population progress in the region, they may in the long term affect our group's performance through a decline in passenger numbers and a resulting decrease in users of our group's facilities and stores. They may also make it more difficult to secure the employees supporting our group's operations and may increase personnel expenses.」
The potential impact of population decline and the declining birthrate and aging population on transportation demand, facility usage, the securing of human resources and personnel expenses continues to be described. - FY2020RestatedAnnual report
「If population decline and the declining birthrate and aging population progress in the region, they may in the long term affect our group's performance through a decline in passenger numbers and a resulting decrease in users of our group's facilities and stores. They may also make it more difficult to secure the employees supporting our group's operations and may increase personnel expenses.」
The risk that population decline and the declining birthrate and aging population will affect transportation demand, facility and store usage, the securing of human resources and personnel expenses continues to be recognised. - FY2019RestatedAnnual report
「Population decline and the declining birthrate and aging population are expected to progress in the western Japan region, where our group operates. If population decline and the declining birthrate and aging population progress in the region, they may in the long term affect our group's performance through a decline in passenger numbers and a resulting decrease in users of our group's facilities and stores.」
The risk that population decline and the declining birthrate and aging population will affect transportation demand, facility users and the securing of human resources continues to be recognised. - FY2019-Q1RestatedAnnual report
「Although the business environment surrounding our group remains difficult due to market contraction and a decline in the workforce caused by population decline, increasingly severe natural disasters and other factors, we will continue to build on our strengths, pursue expansion into new markets and business areas, and work to enhance corporate value over the medium to long term.」
The contraction of markets and the workforce caused by population decline continues to be recognised as part of a difficult business environment. - FY2018RestatedAnnual report
「Japan's total population is estimated to have entered a long-term decline from 127.09 million as of 2015 and to fall below 100 million to 99.24 million in 2053.」
The risk that population decline and the declining birthrate and aging population will affect demand and the securing of human resources continues to be described alongside future projections. - FY2017WorsenedAnnual report
「Japan's total population is estimated to have entered a long-term decline from 127.09 million as of 2015 and to fall below 100 million to 99.24 million in 2053. The working-age population aged 15 to 64 is estimated to decline from 77.28 million as of 2015 to 69.41 million in 2029, while the elderly population aged 65 and over is estimated to increase from 33.86 million as of 2015 to 36.05 million in 2029.」
In addition to population decline, the specific future projections showed a decline in the working-age population and an increase in the elderly population, providing greater specificity regarding the potential impact on demand and the securing of human resources. - FY2017-Q2RestatedAnnual report
「The business environment surrounding our group remains difficult to forecast, owing to increasingly severe natural disasters, population decline, competition from alternative transportation providers, and unstable economic conditions.」
Population decline continues to be described as a business-environment factor that makes the future outlook difficult to predict. - FY2017-Q1RestatedAnnual report
「The business environment surrounding our group remains difficult to forecast, owing to increasingly severe natural disasters, responses to terrorism and other threats, population decline, competition from alternative transportation providers, and unstable economic conditions.」
Population decline continues to be described as an environmental factor that makes the future outlook difficult to predict. - FY2016First statedAnnual report
「Japan's total population is estimated to have entered a long-term decline from 128.06 million as of 2010 and to fall below 100 million to 99.13 million in 2048.」
Specific future population projections were presented for population decline and aging, and the potential impact on passenger numbers, facility users and the securing of employees was described.