Risk of declining birth rates, population decline along the railway corridor, and difficulty securing labor
First written in FY2017. 2 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2022.
0 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「The Group will advance initiatives across the Group to increase the resident population along its railway corridor and the visiting population by capturing inbound demand, as well as initiatives to improve productivity through the use of digital transformation and other measures.」
The company specified its response to population decline along the railway corridor and difficulty securing labor as productivity improvements through digital transformation, rather than the previous emphasis on introducing advanced technologies, and listed this alongside measures to increase the resident and visiting populations. - FY2021MitigatedAnnual report
「The Group will advance initiatives across the Group to increase the resident population along its railway corridor and the visiting population by capturing inbound demand, as well as initiatives to improve productivity through the introduction of advanced technologies.」
While continuing to disclose the risks of population decline and difficulty securing labor, the company identifies growth in the resident and visiting populations and productivity improvements through advanced technologies as countermeasures. - FY2019RestatedAnnual report
「In the Keihanshin area, which is the foundation of the Group's operations, future demographic changes associated with declining birth rates and other factors are expected to reduce demand for passenger transportation by railways, buses and taxis, as well as demand in the Group's other businesses. In addition, tight labor market conditions may make it difficult to secure workers, potentially affecting the Group's business results and financial condition.」
The company continues to disclose the risk of declining demand due to population decline along the railway corridor and difficulty securing labor. - FY2017First statedAnnual report
「In the Keihanshin area, which is the foundation of the Group's operations, future demographic changes associated with declining birth rates and other factors are expected to reduce demand for passenger transportation by railways, buses and taxis, as well as demand in the Group's other businesses. In addition, tight labor market conditions may make it difficult to secure workers, potentially affecting the Group's business results and financial condition.」
The company identifies declining demand resulting from future demographic changes in the Keihanshin area and difficulty securing personnel due to tight labor market conditions as new risks.