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Hotel Newgrand (9720) · RiskWorsened

Labor Shortages

First written in FY2016. 3 of 5 entries say "Worsened", first in FY2019. Latest entry: FY2023.

5entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2018WorsenedFY2019 – FY20232017: 120172018: 020182019: 120192020: 120202021: 020212022: 020222023: 120232024: 1
Same theme, other companies
Declining Service Quality Due to Shortages of Partner Companies and Specialized PersonnelA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

Hotel Newgrand moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).

3 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023WorsenedAnnual report

    「At the same time, the serious labor shortage forced us to adjust and review our operations, including limiting the number of rooms offered for sale and reducing operating hours or closing food and beverage facilities, and required management measures to connect these efforts to a full recovery in anticipation of the post-COVID period.」

    The labor shortage worsened, resulting in actual operational impacts, including limits on the number of rooms offered for sale and reduced operating hours or closures for food and beverage facilities.
  2. FY2022WorsenedAnnual report

    「As people continue to avoid working in the lodging and food-service industries, the difficult situation of securing personnel is expected to continue.」

    Avoidance of employment in the lodging and food-service industries and difficulty securing personnel continue to be identified as serious business constraints.
  3. FY2019WorsenedAnnual report

    「We expect the serious labor shortage to continue.」

    The labor shortage has been described as a "serious labor shortage," rather than the previous expression "labor shortage," emphasizing the severity of the risk.
  4. FY2018RestatedAnnual report

    「To address the labor shortage, we have worked to secure and develop personnel through continued recruitment of new graduates.」

    The labor shortage continues to be identified as a management challenge.
  5. FY2016First statedAnnual report

    「Although the Company operates amid a labor shortage」

    The shortage of personnel is explicitly identified as a constraint on the business environment.
Moved together

"Return to profitability and enhancement of corporate value under the new medium-term management plan for fiscal 2018 through fiscal 2020" moved the same way as this thread, in the same document, in 2 of its 5 moves.

2★1
  1. ★This thread
  2. 1Return to profitability and enhancement of corporate value under the new medium-term management plan for fiscal 2018 through fiscal 20202×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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News
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Labor Shortages | HOTEL NEWGRAND CO.,LTD. (9720) | Komori