Komori
Aseed Holdings (9959) · RiskWorsened

Impact of hiring difficulties and labor shortages on business operations

First written in FY2018-Q1. 8 of 20 entries say "Restated". Latest entry: FY2027-H1.

20entries
10years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2021-Q3RestatedFY20242017: 220172018: 420182019: 420192020: 120202021: 120212022: 020222023: 120232024: 120242025: 020252026: 62026
Same theme, other companies
Declining supply capacity due to labor shortages and increasing uncertainty in the business environmentA theme 80 companies write about · 80 as a headwind · 0 as a tailwind

Aseed Holdings moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).

The whole theme swung hardest in 2025: 16 of 35 companies on the "Worse" side.

22 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.
Showing 14 of the 79 companies compared. The sentences above are computed from all 79.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1WorsenedAnnual report

    「Japan's economy during the six months ended the current interim period remained on a gradual recovery trend, supported by improving employment and income conditions and expanded capital investment. However, downside risks to the economy remain, including the impact on personal consumption of higher prices resulting from rising food and energy prices, worsening labor shortages, and fluctuations in foreign exchange rates.」

    Regarding labor shortages, the company continues to identify the intensification of chronic labor shortages and competition for hires as an increasingly serious management environment.
  2. FY2026WorsenedAnnual report

    「Regarding the securing of personnel, we recognize intensifying competition for hires against a backdrop of a declining working-age population as a major management risk and are working to strengthen our recruitment capabilities.」

    The company has explicitly identified the conventional issue of hiring difficulties and labor shortages as a major management risk in the form of intensifying competition for hires against a backdrop of a declining working-age population.
  3. 2026-05-13WorsenedEarnings presentation

    「Although we anticipate higher fuel costs and further increases in raw-material prices due to the situation in Iran, we have not incorporated any impact on earnings from a prolonged conflict.」

    イラン情勢を背景とする燃料費・原材料価格の上昇を業績予想上の不透明要因として記載した。
  4. FY2024RestatedAnnual report

    「If the group is unable to secure personnel with the necessary capabilities or experiences an outflow of personnel, this may affect its performance.」

    The company has reaffirmed human capital risk, including personnel departures in addition to securing and developing personnel, and identified inter-Group exchanges and management training programs as measures to address it.
  5. FY2023ReframedAnnual report

    「Securing and developing the human resources that support the Group's businesses is essential to maintaining and growing those businesses. If we are unable to secure personnel with the necessary capabilities in the future, or if personnel departures occur, this could affect the Group's business performance.」

    The conventional risk of hiring difficulties and labor shortages has been organized as a human capital risk encompassing not only securing personnel, but also their development, capability building, and departures.
  6. FY2021-Q3RestatedAnnual report

    「The business environment surrounding the beverage-related businesses is expected to become increasingly difficult, due to sluggish domestic consumption and chronic labor shortages, among other factors,」

    The company has reaffirmed sluggish domestic consumption and chronic labor shortages as factors contributing to an increasingly difficult business environment.
  7. FY2020MaterialisedAnnual report

    「Although the vending machine operations retail business continues to face a difficult business environment due to intensifying competition with businesses in other industries and higher costs resulting from labor-related issues, demand for high-value-added products, particularly RTDs (low-alcohol beverages), remains solid in the beverage manufacturing business. We expect profitability to improve through the production of soft-pouch beverages, which began in April last year.」

    Higher costs resulting from labor-related issues associated with labor shortages and hiring difficulties are identified as a tangible burden on the business environment in FY2020.
  8. FY2020-Q2RestatedAnnual report

    「In the vending-machine operator industry, the business environment remains challenging due to declining profitability resulting from intensifying competition in the beverage business across industries and business formats, as well as rising labor and logistics costs amid labor shortages and recruitment difficulties, while vending-machine locations and installed units remain saturated.」

    The company has reaffirmed the difficult business environment, accompanied by rising personnel and logistics costs resulting from labor shortages and hiring difficulties.
  9. FY2020-Q1RestatedAnnual report

    「In the vending-machine operator (operated retail) industry, the business environment remains challenging due to declining profitability resulting from intensifying competition across industries and business formats, as well as rising labor and logistics costs amid labor shortages and recruitment difficulties, while vending-machine locations and installed units remain saturated.」

    The company has reaffirmed the difficult business environment, accompanied by rising personnel and logistics costs against a backdrop of labor shortages and hiring difficulties.
  10. FY2019MaterialisedAnnual report

    「Although the vending machine operations retail business continues to face a difficult business environment due to intensifying competition with businesses in other industries and higher costs resulting from labor-related issues, demand for high-value-added products, particularly RTDs (low-alcohol beverages), remains solid in the beverage manufacturing business. We expect profitability to improve through the production of soft-pouch beverages, which began in April last year.」

    Higher costs resulting from labor-related issues are identified as a tangible burden on the business environment.
  11. FY2019-Q3RestatedAnnual report

    「In the vending-machine operator (operated retail) industry, the business environment remains challenging due to declining profitability resulting from intensifying competition across industries and business formats, as well as rising labor and logistics costs amid labor shortages and recruitment difficulties, while vending-machine locations and installed units remain saturated.」

    The company has reaffirmed the difficult environment, marked by saturation in vending machine locations and installed units, intensifying competition, and continuing increases in personnel and logistics costs against a backdrop of labor shortages and hiring difficulties.
  12. FY2019-Q2WorsenedAnnual report

    「In the vending-machine operator (operated retail) industry, the business environment remains challenging due to declining profitability resulting from intensifying competition across industries and business formats, as well as rising labor and logistics costs amid labor shortages and recruitment difficulties, while vending-machine locations and installed units remain saturated.」

    In addition to continuing labor shortages and hiring difficulties, the company has explicitly identified increases in personnel and logistics costs resulting from these conditions, making the burden on business operations more concrete.
  13. FY2019-Q1RestatedAnnual report

    「In the vending-machine operator (operated retail) industry, the business environment remains challenging due to declining profitability resulting from intensifying competition across industries and business formats, as well as rising labor and logistics costs amid labor shortages and recruitment difficulties, while vending-machine locations and installed units remain saturated.」

    The company has reaffirmed the difficult business environment, which includes hiring difficulties and labor shortages, as well as rising personnel and logistics costs.
  14. FY2018WorsenedAnnual report

    「Looking ahead at the operating environment surrounding the group, the company recognizes that improving productivity will be a major challenge as the vending machine operator and beverage industries face intensifying competition between companies, declining profitability, and the effects of structural labor shortages.」

    Labor shortages are positioned as a “structural” problem rather than a temporary hiring difficulty, with productivity improvement explicitly identified as a major challenge.
  15. FY2018-Q3RestatedAnnual report

    「In the vending machine operator, or operation retail, industry, the business environment remains challenging amid continued saturation of vending machine locations and installed units, intensifying competition across industries and business formats, and labor shortages caused by difficulties in hiring.」

    The company has reaffirmed the difficult business environment, marked by saturation in vending machine locations and installed units, cross-industry and cross-business-format competition, and continuing labor shortages caused by hiring difficulties.
  16. FY2018-Q2RestatedAnnual report

    「In the vending machine operator, or operation retail, industry, the business environment remains challenging amid continued saturation of vending machine locations and installed units, intensifying competition across industries and business formats, and labor shortages caused by difficulties in hiring.」

    The company has reaffirmed the difficult business environment, marked by saturation, cross-industry and cross-business-format competition, and continuing labor shortages caused by hiring difficulties.
  17. FY2018-Q1First statedAnnual report

    「In the vending-machine operator and retail industry, the business environment remains challenging because locations and installed-machine numbers remain saturated, competition across industries and business formats is intensifying, and recruitment difficulties are causing labor shortages.」

    For the first time, labor shortages caused by hiring difficulties have been explicitly identified as a factor contributing to the difficult conditions in the vending machine operator industry.
Moved together

"Vending machine market saturation, intensifying competition, and declining profitability" moved the same way as this thread, in the same document, in 9 of its 20 moves.

964332★123456
  1. ★This thread
  2. 1Vending machine market saturation, intensifying competition, and declining profitability9×
  3. 2Risk of impairment losses from declining profitability of fixed assets6×
  4. 3Weather and brand owners' outsourcing policies affecting contract manufacturing4×
  5. 4Changes in the Presentation of Deferred Tax Items Following Revisions to Tax Effect Accounting Standards3×
  6. 5Concentration of sales and card usage in the gaming venue industry3×
  7. 6Economic outlook clouded by natural disasters and US-China trade friction2×

★ 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 Aseed Holdings yet. It last moved in the Earnings presentation of 2026-11-09: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.