Challenges in securing workers and soaring labor costs
First written in FY2022. 2 of 5 entries say "Worsened", first in FY2023. Latest entry: FY2026-H1.
Bewith moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 15 of 29 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, supply constraints intensified in Japan due to persistently high material prices and increasingly severe labor shortages, placing certain constraints on corporate production activities and service delivery capacity.」
The worsening labor shortage and intensifying supply constraints are described as actual constraints on corporate production activities and service delivery capacity. - FY2025MaterialisedAnnual report
「The main factors behind the increase were higher rents, increased labor costs due to wage increases, and greater use of the shareholder benefit program.」
Increased labor costs due to wage increases are described as an actual contributor to higher selling, general and administrative expenses, showing that the risk of rising labor costs has materialized as an increase in expenses. - FY2024MaterialisedAnnual report
「Cost of sales increased due to higher labor costs, resulting from an increase in the number of employees associated with higher net sales and wage increases.」
The actual increase in labor costs accompanying an increase in the number of employees and wage increases is described in connection with the risk of rising labor costs. - FY2023WorsenedAnnual report
「Personnel experienced in developing new services and DX are highly sought after in the recruitment market, and talent shortages are becoming acute not only among Japanese companies but worldwide.」
In addition to the existing risks of a declining working-age population and rising labor costs, the global shortage of DX personnel and upward pressure on labor costs from inflation and wage revisions are explicitly identified, broadening the scope of the risks. - FY2022First statedAnnual report
「Due to structural issues in Japan, including a declining working-age population and a declining birthrate and aging population, as well as economic and other social conditions, we may be unable to secure sufficient labor continuously, and recruitment costs and labor costs are expected to rise.」
The risks associated with securing specialized personnel, DX personnel and a large number of operators, as well as higher labor costs due to minimum-wage revisions and other factors, are described.