88.1% of SMEs have lost business opportunities due to labor shortages

Raksul Inc. (Headquarters: Minato-ku, Tokyo; Representative Director, Group CEO: Yo Nagami) conducted a survey on the management challenges of SMEs, targeting 300 executives and managers of companies with 2 to 100 employees across Japan, as part of its efforts to build a technology platform that solves SME management issues end-to-end. The results of this survey are being presented in five parts. The theme of the third part is the current state of "labor shortages and opportunity loss." The survey revealed that 88.1% of SMEs affected by labor shortages have experienced "losing business negotiations or orders due to labor shortages," and many feel that strengthening recruitment alone is not a fundamental solution. The findings highlight that businesses are missing opportunities and that 76.4% of respondents believe that simple recruitment efforts are insufficient to solve the problem.