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TOKAI Corp. (9729) · RiskRestatedLatest Results (2026-11-12): "Advanced"

Labor shortages and difficulty securing personnel

First written in FY2016. 5 of 14 entries say "Restated". Latest entry: 2026-11-12.

14entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018WorsenedFY2021 – FY2024-Q1RestatedFY2024 – FY20262016: 120162017: 120172018: 120182019: 020192020: 020202021: 120212022: 020222023: 420232024: 220242025: 020252026: 42026
Same theme, other companies
Combined risks of labor shortages, employee turnover, and rising wages and social insurance premiumsA theme 61 companies write about · 61 as a headwind · 0 as a tailwind

TOKAI Corp. moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).

The whole theme swung hardest in 2025: 19 of 34 companies on the "Worse" side.

0 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 61 companies compared. The sentences above are computed from all 61.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「The operating environment for medical institutions and nursing-care service providers is becoming more difficult due to the decline in the working-age population that provides services and rising costs, including personnel expenses.」

    The company continues to describe the decline in the working-age population and rising personnel and other costs as business-environment issues relating to securing personnel.
  2. FY2024RestatedAnnual report

    「At a Board of Directors meeting discussing key management matters for the fiscal year ending March 2025, the company confirmed that risks relating to soaring materials and fuel costs, revisions to the social security system and securing personnel remained elevated. It therefore continued to designate them as key management matters and decided to work to mitigate the risks.」

    The risk relating to securing personnel was confirmed by the Board of Directors as a key management matter that remained elevated in the fiscal year ending March 2025 and continues to be subject to mitigation efforts.
  3. FY2024-Q3MaterialisedAnnual report

    「In terms of profits, a situation has arisen that differs significantly from the assumptions made when the medium-term management plan was formulated, including the impact of higher costs of various kinds and labor shortages, but」

    The company describes the impact of labor shortages, together with their impact on earnings, as part of actual business conditions that differ from the assumptions made when the medium-term management plan was formulated.
  4. FY2024-Q2RestatedAnnual report

    「During the six-month consolidated period under review (1 April 2023 to 30 September 2023), Japan’s economy saw economic activity rapidly return to normal, partly because COVID-19 was downgraded to Category 5 under the Infectious Diseases Control Law. At the same time, new social issues emerged, including worsening labor shortages across all industries.」

    The company continues to describe worsening labor shortages across all industries as a new social issue.
  5. FY2024-Q1WorsenedAnnual report

    「In terms of earnings, conditions have arisen that differ significantly from the assumptions made when the medium-term management plan was formulated, including the impact of higher costs and labor shortages.」

    The company describes the impact of labor shortages, together with their impact on earnings, as a situation that differs significantly from the assumptions made when the medium-term management plan was formulated.
  6. FY2024-Q1WorsenedAnnual report

    「While economic activity is rapidly returning to normal, partly because COVID-19 was downgraded to Category 5 under Japan’s Infectious Diseases Control Law, new social issues have emerged, including worsening labor shortages across all industries.」

    In addition to the previous recognition of labor shortages as a risk, the company describes them as a new social issue worsening across all industries.
  7. FY2023WorsenedAnnual report

    「At a Board of Directors meeting discussing key management matters for the fiscal year ended March 2024, the company confirmed that risks arising from COVID-19 had declined, while risks relating to soaring materials and fuel costs and securing personnel had increased. It therefore designated these as key management matters and decided to work to mitigate the risks.」

    The risk relating to securing personnel has been positioned as a risk that has increased to the point of being designated by the Board of Directors as a key management matter, rather than merely being recognized as a general labor shortage as before.
  8. FY2021WorsenedAnnual report

    「While these services are strengths of our Group, it is necessary to secure sufficient human resources even as labor shortages become increasingly severe in order to maintain and continue businesses that support healthcare and nursing care services in the field. If the personnel required to provide services in existing operations cannot be secured, this may result in lost opportunities in the core businesses, as well as higher labor costs due to improvements in compensation and other measures to secure personnel, thereby potentially affecting business performance and other matters.」

    The company specifically describes the effects of worsening labor shortages, including lost opportunities resulting from personnel shortages and higher labor costs accompanying improvements in compensation.
  9. FY2018RestatedAnnual report

    「From a long-term perspective, labor shortages are expected to become more serious as the working-age population declines. The company recognizes that securing personnel and strengthening employment measures are important management issues in achieving sustainable growth.」

    The company has reaffirmed that the decline in the working-age population, securing personnel and employment measures are important issues for sustainable growth.
  10. FY2017RestatedAnnual report

    「From a long-term perspective, labor shortages are expected to become more serious as the working-age population declines. The company recognizes that securing personnel and strengthening employment measures are important management issues in achieving sustainable growth.」

    The company continues to describe the decline in the working-age population, securing personnel and employment measures as important issues for sustainable growth.
  11. FY2016First statedAnnual report

    「From a long-term perspective, labor shortages are expected to become more serious as the working-age population declines. The company recognizes that securing personnel and strengthening employment measures are important management issues in achieving sustainable growth.」

    The company recognizes the decline in the working-age population as a long-term risk and regards securing personnel as an important issue for sustainable growth.
Moved together

"Business Expansion Through M&A" moved the same way as this thread, in the same document, in 2 of its 13 moves.

222★123
  1. ★This thread
  2. 1Business Expansion Through M&A2×
  3. 2Risk of changes to the medical and nursing care fee systems2×
  4. 3Capital investment in new factories, laundry facilities and other equipment2×

★ 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
No upcoming earnings preview for TOKAI Corp. yet. It last moved in the Results of 2026-11-12: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Labor shortages and difficulty securing personnel | TOKAI Corp. (9729) | Komori