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Home » Osaka Shinkin Bank 200th Economic Trends Survey Special Survey “Issues that have a major impact on managemen t”

Osaka Shinkin Bank 200th Economic Trends Survey Special Survey “Issues that have a major impact on managemen t”

Osaka Shinkin Bank
200th Economic Trends Survey Special Survey “Issues that have a major impact on management”
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Serious cost increase Direct hit to profits: Over 70% say “costs have increased since a year ago”
75.3% of companies experienced a cost increase from one year ago, which has a significant impact on profits. Among costs, 51.8% said purchase prices increased by 30% or more, 35.8% said energy prices increased by 30% or more, and 21.4% said labor costs increased by 30% or more. This is the main cause of cost increases.
Also, compared to one year ago, only 8.9% were able to secure the same or higher profit, and 34.7% were less than 30%. The main reason seems to be that the increase in costs has not been sufficiently passed on to prices. 46.5% of respondents believe that the prolonged rise in prices will continue for more than a year, raising concerns about the negative impact on profits.
[Image 1: https://prtimes.jp/i/60384/121/resize/d60384-121-cdebcef1f4a29ce2b81f-4.jpg&s3=60384-121-891f10e649d44610b4a244733b3f7144-2250×1617.jpg] Will there be an effect on raising wages if the number of employees does not increase? : “Personnel increase” stopped at 19.9%
Amid the prolonged labor shortage, the number of employees increased by only 19.9% ​​compared to a year ago.
On the other hand, 57.7% of respondents implemented wage increases as planned, which suggests that 60% of those scheduled for wage increases in the March survey implemented them as planned. By industry, manufacturing, food and beverage, and transportation industries have implemented wage increases, indicating that they are struggling to secure workers.
[Image 2: https://prtimes.jp/i/60384/121/resize/d60384-121-cef50e6b928978bd30ee-4.jpg&s3=60384-121-9c1e3688c2f9e98f53baee0ce0a191c2-2137×1792.jpg] Headwinds Weak yen trend: 60% negative impact of weak yen
Approximately 60% of respondents answered that the weakening of the yen has had a negative impact, while only 33.3% said it had no impact. In addition, 47.6% of companies desired a dollar exchange rate of 130 yen. We believe that this trend of 34.6% depreciation of the yen will continue for more than a year, and we believe that it will take a considerable amount of time to eliminate import costs.
[Image 3: https://prtimes.jp/i/60384/121/resize/d60384-121-bb8bce109d5b0ecab5fb-4.jpg&s3=60384-121-d9e69d0d76c4304bed2fdffd746dbb9c-3900×3718.jpg] 2024 Problem Already has a large impact: Over 40% negative impact As of June, 46.3% of businesses had a negative impact due to the 2024 problem. In particular, more than 50% of companies in the
manufacturing and wholesale industries have been negatively affected. In addition, the impact was 71.8% for “increase in shipping charges” and 32.1% for “delayed arrival of delivered items.”In addition to the increase in purchasing prices, the increase in delivery costs is also having an impact, and this has a dark effect on securing profits. is dropping.
[Image 4: https://prtimes.jp/i/60384/121/resize/d60384-121-065affa361523035d957-4.jpg&s3=60384-121-40d76f4ca161df8c37686e418cf45062-3228×1670.jpg] Click here for details.
https://www.osaka-shinkin.co.jp/pdf/report/202406_tokubetsu.pdf Survey time: Early June 2024
Responding companies: 702 companies (response rate 42.7%)
Survey method: Survey by mail and online responses
More details about this release:
https://prtimes.jp/main/html/rd/p/000000121.000060384.html