Aging Workforce and Skills Transfer
First written in FY2016. 5 of 7 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Nankai moved to the "Worse" side of this theme in 2018, 6 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 15 of 60 companies on the "Worse" side.
21 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Because railways, buses and other transportation businesses are labor-intensive industries, stable access to the personnel required to operate the business is essential.」
The company continues to disclose the risk of difficulty securing personnel, emphasizing the need to secure personnel in light of shortages of bus crew and future personnel shortages. - FY2025-H1WorsenedAnnual report
「It is viewed as certain that securing the personnel needed to support the business over the long term will become difficult.」
The explanation of the purpose of the merger with Semboku Rapid Railway stated that difficulty securing personnel to support the business in the future was viewed as certain, expressing the existing challenges in securing and developing personnel more strongly. - FY2024WorsenedAnnual report
「To address the so-called "2024 problem," each bus company strengthened its personnel recruitment initiatives and focused on creating a more comfortable working environment.」
The disclosure stated that, in addressing the 2024 issue, the bus business needs to strengthen recruitment and improve the workplace environment to secure personnel. - FY2022RestatedAnnual report
「It is also necessary to secure and develop diverse, specialized personnel in order to pursue business strategies such as creating railway-line areas that people choose and deepening and expanding the real estate business.」
The need to secure personnel for the transportation business and to secure and develop diverse, specialized personnel continues to be identified as a management challenge. - FY2019WorsenedAnnual report
「The Company will also actively promote work-style reforms, work to secure and develop diverse personnel capable of creating added value, and build its organisation. Recognizing that strengthening the functions of corporate governance is an important management issue, it will also work to strengthen the Board of Directors' supervisory functions and improve the agility of business execution and the objectivity and transparency of management.」
In addition to the challenges of securing and developing personnel, the chronic shortage of bus drivers was explicitly identified as a specific challenge. - FY2018WorsenedAnnual report
「Because the transportation business, including railways and buses, has a labor-intensive operating structure, it is necessary to secure a stable supply of the personnel required to operate the business. It is also necessary to secure and develop diverse, specialized personnel in order to pursue business strategies such as creating railway-line areas that people choose and deepening and expanding the real estate business.」
In addition to the previously disclosed aging workforce and transfer-of-skills issues, the need to secure personnel for the transportation business and to secure and develop diverse, specialized personnel was explicitly identified as a risk and challenge. - FY2016First statedAnnual report
「Human-resource development, the aging of employees, the associated replacement of older employees with younger personnel, and the transfer of skills remain ongoing challenges. If the response is delayed, these issues are expected to affect future business operations and the earnings structure.」
Identified human-resource development, generational change and the transfer of skills as ongoing challenges.