Tight Labor Supply-Demand, Rising Wages, and Higher Costs of Complying with Work-Style Reforms
First written in FY2018-Q3. 14 of 20 entries say "Restated". Latest entry: 2026-11-06.
Sg Holdings moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 9 of 16 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- 2026-11-06WorsenedResults
「2024年４月から適用された自動車運転業務における時間外労働時間の上限規制（以下、「2024年問題」という。）の影響を受け、輸送力の確保に向けた対応が継続的に求められる中、物価や人件費の上昇に加え、中東情勢の影響を背景とした原油価格・エネルギーコストの上昇もあり、コスト上昇局面が継続しております。」
従来の労働需給逼迫・物価や人件費の上昇に加え、原油価格・エネルギーコストの上昇が明示された。 - FY2026RestatedAnnual report
「In addition, the unstable operating environment continues, including ongoing preparations for the “2024 problem” and rising costs such as prices and personnel expenses.」
The unstable labor and cost environment continues, including preparations for the “2024 problem” and rising costs such as prices and personnel expenses. - FY2026-H1RestatedAnnual report
「In addition to ongoing preparations for the cap on overtime hours in motor vehicle driving operations applicable from April 2024, known as the “2024 problem,” the unstable operating environment continues, including rising costs such as prices and personnel expenses.」
The unstable labor and cost environment continues, including preparations for the “2024 problem” and rising costs such as prices and personnel expenses. - FY2025RestatedAnnual report
「In addition, the unstable operating environment continues, including preparations for the “2024 problem” and continued increases in costs such as prices and personnel expenses.」
Even after the “2024 problem” took effect, the unstable labor and cost environment, including rising costs such as prices and personnel expenses, continues. - FY2025-H1RestatedAnnual report
「In addition, the unstable operating environment continues, due to preparations for the cap on overtime hours in motor vehicle driving operations applicable from April 2024 and continued increases in costs such as prices and personnel expenses.」
It is described as an unstable operating environment in which the “2024 problem” has entered the applicable phase and costs such as prices and personnel expenses continue to rise. - FY2024RestatedAnnual report
「In addition, as labor supply and demand become even tighter against the backdrop of the declining birth rate and aging population, and the work-style reform legislation is being enforced in stages, initiatives to secure personnel both inside and outside the Company and improve productivity are required to maintain the parcel delivery network.」
The recognition that securing personnel and improving productivity are necessary, given the declining birth rate and aging population, tight labor supply and demand, and enforcement of the work-style reform legislation, continues. - FY2024-Q3RestatedAnnual report
「In addition to preparations for the cap on overtime hours in motor vehicle driving operations applicable from April 2024, known as the “2024 problem,” and rapidly advancing inflation, moves to revise prices are progressing, particularly among major operators including our Group.」
The labor and cost environment against the backdrop of the “2024 problem” and rapidly advancing inflation, as well as moves by major operators to revise prices, continue to be noted. - FY2024-Q2RestatedAnnual report
「In addition to preparations for the cap on overtime hours in motor vehicle driving operations applicable from April 2024, known as the “2024 problem,” and rapidly advancing inflation, moves to revise prices are progressing, particularly among major operators including our Group.」
The labor and cost environment against the backdrop of the “2024 problem” and rapidly advancing inflation, as well as moves by major operators to revise prices, continue to be noted. - FY2024-Q1RestatedAnnual report
「In addition to preparations for the cap on overtime hours in motor vehicle driving operations applicable from April 2024, known as the “2024 problem,” and rapidly advancing inflation, moves to revise prices are progressing, particularly among major operators including our Group.」
The “2024 problem,” inflation, and moves to revise prices continue to be cited as operating assumptions regarding the labor and cost environment. - FY2023WorsenedAnnual report
「Meanwhile, as labor supply and demand become even tighter against the backdrop of the declining birth rate and aging population, and the work-style reform legislation aimed at rectifying excessive working hours and achieving equal pay for equal work is being enforced in stages, initiatives to secure personnel both inside and outside the Company and improve productivity are required to maintain the parcel delivery network amid rapidly advancing inflation.」
In addition to tight labor supply and demand, rapidly advancing inflation and the need to address the work-style reform legislation continue to be cited as factors in the operating environment requiring the securing of personnel and productivity improvements to maintain the parcel delivery network. - FY2022WorsenedAnnual report
「Within our Group, resource constraints, including labor shortages and soaring fuel costs, are becoming increasingly severe.」
The wording has been added to indicate that resource constraints, including labor shortages, are becoming increasingly severe. - FY2021RestatedAnnual report
「The current environment surrounding the Japanese economy is characterized by the phased enforcement of the work-style reform legislation aimed at rectifying excessive working hours and achieving equal pay for equal work, as labor supply and demand become even tighter against the backdrop of the declining birth rate and aging population.」
The tight labor supply and demand caused by the declining birth rate and aging population and the enforcement of the work-style reform legislation continue to be cited as aspects of the operating environment. - FY2020-Q3RestatedAnnual report
「Meanwhile, as the declining birth rate and aging population progress and labor supply and demand become even tighter, initiatives to rectify excessive working hours and achieve equal pay for equal work are advancing in accordance with the work-style reform legislation, which has been enforced in stages since April 2019.」
The further tightening of labor supply and demand and initiatives to address excessive working hours and achieve equal pay for equal work in light of the work-style reform legislation continue to be noted. - FY2020-Q2RestatedAnnual report
「Meanwhile, as the declining birth rate and aging population progress and labor supply and demand become even tighter, we are working to rectify excessive working hours and achieve equal pay for equal work in accordance with the work-style reform legislation, which has been enforced in stages since April 2019.」
Initiatives based on further tightening of labor supply and demand and the phased enforcement of the work-style reform legislation are continuing. - FY2020-Q1WorsenedAnnual report
「In the logistics industry, as demand for parcel delivery services from society continues to grow against the backdrop of the expanding e-commerce market, the declining birth rate and aging population are progressing and labor supply and demand have become even tighter. In addition, the work-style reform legislation aimed at rectifying excessive working hours and achieving equal pay for equal work is being enforced in stages.」
The existing labor supply and demand tightness is now described as having become even more acute, and the work-style reform legislation has also entered the stage of phased enforcement. - FY2019-Q3RestatedAnnual report
「In the logistics industry, amid continuing concerns about tight labor supply and demand and rising wages, the Work Style Reform-related bills were passed and enacted on 29 June 2018. In preparation for their implementation on 1 April 2019, the relevant ministries, agencies, and organizations were called on to work together to promote effective, concrete measures to improve transaction conditions and correct excessively long working hours.」
The tight labor supply and demand situation, concerns over wage increases, and continued preparations for the work-style reform legislation ahead of its enforcement in April 2019 are still being noted. - FY2019-Q2RestatedAnnual report
「In the logistics industry, amid continued labor supply and demand tightness and concerns over wage increases, the bill related to work-style reform was passed and enacted on 29 June 2018. In preparation for its enforcement on 1 April 2019, relevant government ministries and organizations are working together to promote effective, specific initiatives to improve the trading environment and rectify excessive working hours.」
Labor supply and demand remain tight and concerns over wage increases persist, while preparations are under way for the enforcement of the work-style reform legislation in April 2019. - FY2019-Q1RestatedAnnual report
「In the logistics industry, amid continuing concerns about tight labor supply and demand and rising wages, the Work Style Reform-related bills were passed and enacted on 29 June 2018. In preparation for their implementation on 1 April 2019, the relevant ministries, agencies, and organizations were called on to work together to promote effective, concrete measures to improve transaction conditions and correct excessively long working hours.」
In addition to continuing concerns about tight labor supply and demand and rising wages, the passage of the Work Style Reform-related legislation and its scheduled implementation in April 2019 are noted. - FY2018WorsenedAnnual report
「In addition, driver shortages are becoming a serious concern, partly due to Japan's declining population.」
In addition to the ongoing concerns about tight labor supply and demand and rising wages, driver shortages are explicitly identified as a serious concern. - FY2018-Q3First statedAnnual report
「The logistics industry remained in a challenging operating environment, with labor supply and demand tightening as employment conditions improved and concerns about rising wages continuing. In addition, the costs of responding to work-style reform and maintaining delivery quality continued to trend upward.」
The company explained that concerns about tight labor supply and demand and rising wages continued, while costs associated with work-style reform and maintaining delivery quality continued to increase.