Decline in Outsourcing Orders Due to Manufacturing Line Reductions and Uncertainty About the Outlook
First written in FY2017-Q2. 5 of 14 entries say "Restated". Latest entry: FY2022.
Interlife Holdings moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 14 of 21 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「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 on 31 May 2021.」
株式会社ジーエスケー and グランドスタッフ株式会社, which had been affected by production adjustments and stagnant business volumes, were removed from the scope of consolidation, reducing the group's risk exposure to staffing and contract services for manufacturers. - FY2022-Q1MitigatedAnnual report
「株式会社ジーエスケー and グランドスタッフ株式会社 performed above the same quarter of the previous year as production adjustments at major customers began to recover.」
The underperformance in staffing and contract services for manufacturers caused by production adjustments at major customers improved, and both companies performed above the previous year's levels. Subsequently, both companies were excluded from the scope of consolidation following the sale of all their shares. - FY2021WorsenedAnnual report
「株式会社ジーエスケー and グランドスタッフ株式会社 performed below the same period of the previous year due to factors including production adjustments at major customers.」
The underperformance of staffing and contract services for manufacturers caused by production adjustments at major customers continued in the full-year results of 株式会社ジーエスケー and グランドスタッフ株式会社. - 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.」
The underperformance caused by production adjustments at major customers has continued, although the performance of both companies is stated to be recovering. - FY2021-Q2WorsenedAnnual report
「株式会社ジーエスケー and グランドスタッフ株式会社 performed below the same quarter of the previous year due to production adjustments at major customers.」
Production adjustments at major customers have materialized in the actual year-on-year underperformance of staffing and contract services companies serving manufacturers. - FY2021-Q1WorsenedAnnual report
「株式会社ジーエスケー and グランドスタッフ株式会社 performed below the same quarter of the previous year due to production cuts by customers.」
In staffing and contract services for manufacturers, customers' production cuts resulted in performance below the same period of the previous year. The previously identified risks of production-volume fluctuations and stagnant orders have materialized as actual earnings impacts. - FY2019RestatedAnnual report
「In the staffing and contract services business for manufacturers, the number of new customers has increased, but at 株式会社ジーエスケー, orders failed to grow as described above, resulting in performance below plan.」
In the contract services business for manufacturers, the increase in new customers was offset by continued stagnant orders and failure to meet plan at 株式会社ジーエスケー. - FY2019-Q3WorsenedAnnual report
「In the staffing and contract services business for manufacturers, securing personnel remains a challenge, but the number of new customers has increased and performance remained at the same level as the previous year.」
Constraints on securing personnel continue to be identified as a challenge in the contract services business. Performance remained at roughly the previous year's level due to the increase in new customers, but personnel-related risks have not been resolved. - FY2018-Q3RestatedAnnual report
「In the contract-work business, orders failed to grow because of a decline in contract work and constraints on securing personnel, and revenue fell below the same quarter of the previous year.」
Stagnant orders and declining sales due to the contraction in contract services and constraints on securing personnel are continuing. - FY2018-Q2WorsenedAnnual report
「In the contract-work business, orders failed to grow because of a decline in contract work and constraints on securing personnel, and revenue fell below the same quarter of the previous year.」
In addition to the decline in contract services, constraints on securing personnel are explicitly identified as a factor behind stagnant orders, and sales have also declined. - FY2018-Q1RestatedAnnual report
「In the contract services business, sales declined due to factors including fewer operating days and production adjustments at major customers, but the company is also securing new customers and working toward a recovery.」
While contract services revenue continues to decline because of fewer operating days and production adjustments at major customers, efforts to recover through the acquisition of new customers are also continuing. - FY2017RestatedAnnual report
「The contract services business in the human resources services segment may be affected by increases or decreases in customers' production volumes.」
The company continues to identify fluctuations in customers' production volumes as a risk to the contract services business. - FY2017-Q3RestatedAnnual report
「In the contract services business, conditions remain uncertain due in part to the decline in orders, but the company is also securing new customers and working toward a recovery.」
Declining orders and uncertain conditions continue in the contract services business. The specific cause cited previously, production-line reductions, is not mentioned again. - FY2017-Q2First statedAnnual report
「In the contract services business, orders have declined because customers have reduced their production lines, creating an uncertain outlook.」
Customers' production-line reductions have led to an actual decline in orders and become a factor behind the uncertain outlook for the contract services business.