Business operational risks arising from hiring challenges and a shortage of human resources

「At the same time, the labor shortage associated with the declining birthrate and aging population has become even more severe. In addition to higher labor costs resulting from efforts to improve compensation to secure and retain personnel, increases in raw-material and outsourcing costs have continued, leaving the earnings environment challenging.」

「Labor costs associated with preventing employee turnover and improving compensation are expected to continue rising, and the company remains in a challenging business environment.」

「In the security services industry, security demand is stable as the economy recovers due in part to increased inbound demand, but difficult conditions continue for both new-graduate and experienced hiring due to chronic labor shortages. In addition, labor costs associated with preventing employee turnover and improving compensation are expected to continue rising, and the industry remains in a challenging business environment.」

「In the security services industry, demand is stable as the economy recovers due in part to increased inbound demand, but difficult conditions continue for both new-graduate and experienced hiring due to chronic labor shortages. In addition, labor costs associated with preventing employee turnover and improving compensation are expected to continue rising, and the industry remains in a challenging business environment.」

「In the security services industry, demand is stable as the economy recovers, but difficult conditions continue for both new-graduate and experienced hiring due to labor shortages associated with the declining birthrate and aging population. In addition, labor costs associated with preventing employee turnover and improving compensation are expected to continue rising, and the industry remains in a challenging business environment.」

「In the security services industry, recruitment remains difficult due to chronic labor shortages. In addition, labor costs are expected to continue rising due to measures to prevent employee turnover and improve compensation in response to the sharp increase in prices, and the industry remains in a challenging business environment.」

「In the security services industry, recruitment remains difficult due to chronic labor shortages. In addition, labor costs are expected to continue rising due to measures to prevent employee turnover and improve compensation in response to the sharp increase in prices, and the industry remains in a challenging business environment.」

「In the security services industry, although the impact of the infectious disease is gradually easing, shortages of labor associated with the declining birthrate and aging population have caused difficult conditions to continue for both new-graduate and experienced hiring. In addition, labor costs associated with preventing employee turnover and improving compensation are expected to continue rising, and the industry remains in a challenging business environment.」

「In the security services industry as well, although the impact of the infectious disease is gradually easing, the suspension or reduction in the scale of security services due to infections among security personnel would have a significant impact on customers. The industry therefore continues to take thorough measures to prevent infection and its spread and remains in a challenging business environment.」

「In the security services industry, although the impact of the infectious disease is gradually easing, the suspension or reduction in the scale of security services due to infections among security personnel would have a significant impact on customers. The industry therefore continues to take thorough measures to prevent infection and its spread and remains in a challenging business environment.」

「Against this backdrop, the group expects challenging business performance due to the decline in temporary security services following the Tokyo Olympic and Paralympic Games held in the previous year, delays in the recovery of major customers' performance, particularly railway operators, due to the impact of COVID-19, and higher labor costs resulting from improvements in employment conditions in response to recent price increases.」

「Hiring new graduates and experienced personnel is expected to remain difficult, while labor costs associated with preventing employee turnover and improving compensation are also expected to continue rising. Although the group aims to move away from being a labor-intensive business, securing labor and rising labor costs remain major management challenges.」

「In the security services industry, demand for manned security remains high due to a large-scale international event scheduled for the following fiscal year. However, the industry continues to operate in a challenging environment due to hiring difficulties resulting from improved employment conditions and higher labor costs resulting from improved working conditions.」

「In the security services industry, demand for manned security remains high ahead of international events and against a backdrop of heightened vigilance against terrorism. However, the industry continues to operate in a challenging environment due to hiring difficulties resulting from improved employment conditions and higher labor costs resulting from improved working conditions.」

「In the security services industry, demand for manned security remains high against a backdrop of heightened vigilance against terrorism and crime prevention measures. However, the industry continues to operate in a challenging environment due to hiring difficulties resulting from improved employment conditions and higher labor costs resulting from improved working conditions.」

「In the security services industry, demand for manned security remains high against a backdrop of strengthened security measures for crime prevention and heightened vigilance against terrorism. However, the industry continues to operate in a challenging environment due to hiring difficulties resulting from improved employment conditions and higher labor costs resulting from improved working conditions.」

「In the security services industry, although demand for manned security remains high against the backdrop of moves to strengthen security in response to crime prevention and heightened vigilance against terrorism, the company continues to operate in a difficult business environment due to hiring difficulties resulting from improved employment conditions and higher labor costs accompanying improvements in working conditions.」

「In the security services industry, although demand for manned security remains high against the backdrop of heightened vigilance against terrorism and crime prevention, the company continues to operate in a difficult business environment due to hiring difficulties accompanying improvements in employment conditions and higher labor costs accompanying improvements in working conditions.」

「In the security services industry, demand for manned security remains strong, but labor shortages continue, making the urgent securing of a broad range of talented personnel a critical issue.」

「In terms of profit, labor costs increased due in part to the review of working conditions based on the government's work-style reform initiatives. As a result, operating profit was ¥1,173 million, down 28.8% year on year, ordinary profit was ¥1,294 million, down 29.8%, and net income attributable to owners of the parent was ¥869 million, down 18.7%.」

「In terms of earnings, labor costs increased due in part to revisions to the working environment based on the government’s work-style reform initiatives. As a result, operating income was ¥944 million, down 21.3% year on year; ordinary income was ¥1,068 million, down 23.1%; and quarterly net income attributable to owners of the parent was ¥647 million, down 23.1%.」

「In the security industry, demand for security, particularly image-related services, remains high against a backdrop of terrorism alerts and crime prevention. However, the operating environment remains challenging due to hiring difficulties resulting from improving employment conditions and rising labor costs associated with retaining employees and improving working conditions.」

「In the security industry, demand is increasing for enhanced security using the latest technologies, such as drones and wearable cameras, in response to terrorism concerns at international events including summits and the Olympics. At the same time, the business environment remains challenging due to hiring difficulties resulting from improving employment conditions and rising labor costs associated with retaining employees.」