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JAC Recruitment (2124) · RiskSoftened

Outflow of business assets resulting from departing employees joining competitors or starting competing businesses

First written in FY2017. 1 of 3 entries say "Mitigated", first in FY2019. Latest entry: FY2020.

3entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017MitigatedFY20192018: 120182019: 020192020: 120202021: 12021
Same theme, other companies
Risk of business assets and customer relationships flowing to competitors through former employeesA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

JAC Recruitment moved to the "Worse" side of this theme in 2021.

0 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2020SoftenedAnnual report

    「To address this risk, our Group has established a system designed to prevent business losses by assigning multiple representatives to each client company and registered candidate and ensuring thorough handovers when employees leave.」

    The rules prohibiting employment with competitors and the written consent prohibiting the removal of business assets and sales activities, which were explicitly disclosed in fiscal 2019, are no longer described. Instead, assigning multiple representatives and ensuring thorough handovers when employees leave are cited as countermeasures.
  2. FY2019MitigatedAnnual report

    「In the personnel placement business, we have rules prohibiting Group employees from joining competitors for a certain period after leaving the Group. When they leave, we also require them to submit written consent prohibiting the removal of the Group's business assets, including client company information and registered candidate information, and prohibiting sales activities.」

    To address the risk of departing employees taking business assets, the company newly explicitly discloses rules prohibiting employment with competitors and written consent prohibiting the removal of business assets and sales activities. However, it states that the risk cannot be completely prevented.
  3. FY2017First statedAnnual report

    「Our Group has established a system designed to prevent business losses by assigning multiple representatives to each client company and registered candidate and ensuring thorough handovers when employees leave. However, departing employees may secretly contact our Group's client companies and registered candidates, which could hinder our Group's personnel placement business.」

    The company discloses the risk that it cannot completely prevent departing employees from joining competitors or starting competing businesses, thereby hindering the personnel placement business through contact with clients and registered candidates. Assigning multiple representatives and ensuring thorough handovers are cited as countermeasures.
Moved together

"Recruitment and Training of Talented People and Experienced Consultants" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222222★123456
  1. ★This thread
  2. 1Recruitment and Training of Talented People and Experienced Consultants2×
  3. 2Revenue Growth in the Second Quarter of FY20162×
  4. 3Profit Growth in the Second Quarter of FY20162×
  5. 4Increase in Employee Numbers Through Mid-Career and New Graduate Hiring2×
  6. 5Achieving profitability in the domestic recruitment advertising business2×
  7. 6Further expansion of the recruitment services business2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for JAC Recruitment yet.
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Outflow of business assets resulting from departing employees joining competitors or starting competing businesses | JAC Recruitment Co.,Ltd. (2124) | Komori