Labor shortages
First written in FY2018-Q1. 6 of 12 entries say "Restated". Latest entry: FY2026.
Kyoritsu Maintenance 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.
19 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the consolidated fiscal year, the Japanese economy remained on a moderate recovery trend amid continued improvement in employment and income conditions, although it was affected by labor shortages in addition to other factors.」
With regard to labor shortages, stated that they were affecting the economy, in addition to the previous descriptions of shortages and their increasing severity. - 2026-05-15WorsenedRevision of earnings forecasts
「In addition to the effects of labor shortages, uncertainty persisted because of U.S. policy developments, fluctuations in financial and capital markets, and heightened tensions in the Middle East.」
The effects of labor shortages were explicitly identified as a factor affecting the economic environment during the fiscal year. - FY2024-Q1WorsenedAnnual report
「Against this backdrop, the Group experienced higher energy costs and labor expenses, but the dormitory and hotel businesses both recovered substantially, supported by increases in international students and foreign visitors to Japan, as well as the extension of nationwide travel assistance measures.」
Higher labor expenses were explicitly identified as a business cost factor. - FY2023WorsenedAnnual report
「In Japan, problems including energy costs, rising construction costs, and labor shortages have become increasingly serious.」
The description of labor shortages changed from shortages and their increasing severity to a statement that the problem was becoming increasingly serious. - FY2020-Q2RestatedAnnual report
「The Group was also affected by unexpected natural disasters, including torrential rain in northern Kyushu and major typhoons.」
Labor shortages continued to be described as having emerged, as in the previous quarter, while natural disasters were also cited as a concern in the business environment. - FY2020-Q1WorsenedAnnual report
「Concerns were also identified, including the emergence of labor shortages, US-China trade friction, and worsening Japan-South Korea relations.」
With regard to labor shortages, the description changed from a conventional reference to shortages to the emergence of labor shortages, while US-China trade friction and worsening Japan-South Korea relations were also cited. - FY2019RestatedAnnual report
「Looking at the medium term as well, significant changes in the business environment are expected, including rising construction costs and labor shortages, despite an increase in tourists accompanying the Tokyo Olympic and Paralympic Games.」
Continued to cite labor shortages, alongside rising construction costs, as a medium-term factor driving changes in the business environment. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, the operating environment surrounding the Group saw an increase in the rate of advancement to higher education and continued growth in inbound demand, while labor shortages and the impact of the Private Lodging Business Act were also discussed.」
Continued to cite labor shortages as a problem in the business environment. - FY2018RestatedAnnual report
「Despite an increase in tourists accompanying the Tokyo Olympic and Paralympic Games, significant changes in the business environment are expected, including rising construction costs and labor shortages.」
Continued to cite labor shortages, alongside rising construction costs, as a medium-term factor driving changes in the business environment. - FY2018-Q3RestatedAnnual report
「The business environment surrounding the Group during the nine-month period ended 31 December was supported by continued inbound demand, an increase in the number of employees companies were hiring and an increase in overseas students, while labor shortages and new entrants from other industries into our Group's core dormitory and hotel businesses were also observed.」
Continued to cite labor shortages as a source of uncertainty in the business environment. - FY2018-Q2RestatedAnnual report
「Meanwhile, there were also uncertain factors ahead, including labor shortages and new entrants from other industries into our Group's core dormitory and hotel businesses.」
Continued to cite labor shortages as a source of uncertainty in the business environment. - FY2018-Q1First statedAnnual report
「Meanwhile, rising construction costs, labor shortages, and new entrants from other industries into the Group's core dormitory and hotel businesses were also factors.」
Newly cited labor shortages as an external factor affecting business operations.