Information Releases

Survey of Corporate Attitudes towards Promoting DX(September 2022)

15.5% of corporations engaging in DX; labor shortage is an issue
— 20% are proactively considering accepting side jobbers —

Introduction

One year has now passed since the establishment of the Digital Agency in September of 2021. Companies are being called upon to seek a competitive advantage through digital transformation (DX) that brings innovation to products, services, and business models through data and digital technologies. Amidst this movement, Prime Minister Kishida has announced that public-private investment will be accelerated in the four fields of “science, technology, and innovation”, “startups”, “GX”, and “DX”, and that public support on the scale of 1 trillion yen over 5 years will provided for individual reskilling to prepare individuals to move into growth fields. Teikoku Databank has therefore conducted a survey on corporate efforts in the areas of DX and reskilling.

*Survey period: September 15, 2022 – September 30, 2022; Companies Surveyed: 26,494 nationwide; Valid Responses: 11,621 (Response Rate: 43.9%).

*Details of this survey can be found on the dedicated Economic Trend Survey HP. (http://www.tdb-di.com).

Primary points of survey results(summary)

  1. 1 15.5% are engaging in DX; among those with over 1,000 employees, close to half
    The percentage of corporations that “understand the meaning of the term ‘DX’ and are engaging in it” is now 15.5%. In particular, close to half of corporations with over 1,000 employees (47.8%) are putting efforts into DX. On the other hand, over 50% have still made no progress on DX, with 35.3% reporting that they “understand the meaning of the term but are not engaging in it”, 12.4% having “heard the term but do not understand what it means”, and 5.4% having “never heard the term before”.
  2. 2 Dearth of human resources, skills, and know-how impede DX in close to half
    The issues confronted when engaging in DX have been “ lack of human resources who can handle it” (47.4%) and “lack of the necessary skills and know-how” (43.6%) in more than 40 percent of corporations, respectively. Time and expense constraints are also an issue in many corporations, with 33.3% indicating that they “cannot make time for DX” and 27.5% stating that they “cannot allocate expenses for DX”
  3. 3 48.1% making efforts in reskilling; progress in learning on new digital tools
    Efforts at reskilling are now being make in some form at 48.1% of corporations. However, 41.5% of corporations are making no efforts in particular in this regard. The area in which efforts are most commonly being made (48.4%) is “learning about new digital tools”, such as those employed in online meeting systems and BI (business intelligence). Efforts continue to be made in “learning and grasping of new skills by management” (38.6%), “grasping and visualization of digital skills by employees”(32.3%), and “communication by management to employees of the skills that they need to learn” (29.5%).
  4. 4 20% are proactively considering accepting side jobbers from outside the company
    Over 20% of corporations (21.9%) are either currently accepting side jobbers from outside who have digital skills or are proactively considering doing so. On the other hand, 62.7% “are not currently accepting side jobbers and do not plan to do so in the future”.
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