Stagnant business volumes, intensifying competition for orders and impairment at グランドスタッフ
First written in FY2020. 3 of 5 entries say "Mitigated", first in FY2021-Q3. Latest entry: FY2022.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
25 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「As all shares of 株式会社ジーエスケー and グランドスタッフ株式会社 were transferred, the companies were excluded from the scope of consolidation.」
The company was excluded from the scope of consolidation of our group following its sale, in relation to the risks of stagnant business volume, intensified order competition and goodwill impairment at グランドスタッフ. - FY2022-Q1MitigatedAnnual report
「During the consolidated accounting period of the first quarter, the Group sold all shares of its consolidated subsidiaries 株式会社ジーエスケー and グランドスタッフ株式会社, which operated communications and human resources services businesses, and therefore excluded them from the scope of consolidation.」
The company was excluded from the scope of consolidation of our group following the sale of all of its shares, in relation to the risks of stagnant business volume, intensified order competition and goodwill impairment at グランドスタッフ. - FY2021ReframedAnnual report
「In this environment, the Group substantially reviewed the direction of its temporary staffing business and, from the standpoint of improving management efficiency, dissolved ディーナネットワーク株式会社 effective 30 April 2021. It also plans to transfer the shares of 株式会社ジーエスケー and グランドスタッフ株式会社 effective 31 May 2021.」
The response to the existing risks of stagnant business volume and intensified order competition at グランドスタッフ, as well as goodwill impairment, has been restructured from earnings improvement to business streamlining through the transfer of the target company's shares. - FY2021-Q3MitigatedAnnual report
「株式会社ジーエスケー and グランドスタッフ株式会社 have been recovering following production adjustments at major customers, but still performed below the same quarter of the previous year.」
It is stated that, while weakness caused by production adjustments at major customers persists in the manufacturing-sector staffing and outsourcing business, including グランドスタッフ, the business is currently showing signs of recovery. - FY2020MaterialisedAnnual report
「At グランドスタッフ株式会社, which provides contract logistics warehouse and manufacturing services, the company recognized an impairment loss of ¥65 million on goodwill related to the company because of changes in the business environment, including stagnant business volume and intensifying competition for orders.」
The company disclosed that stagnant business volume and intensifying competition for orders at Grand Staff resulted in an actual goodwill impairment loss of ¥65 million.