Decrease in profit due to costs associated with launching the Solutions Business
First written in FY2019-Q2. 7 of 21 entries say "Mitigated", first in FY2019-Q3. Latest entry: FY2025-H1.
2 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「As a result, revenue was ¥11,054 million (¥8,990 million in the same period of the previous year, up 23.0%), segment profit was ¥212 million (¥81 million, up 161.8%), and the number of technical employees was 3,724 (3,309, an increase of 415).」
The Solutions business strengthened its acquisition of new projects and sales activities, resulting in higher revenue and profit year on year. Profit recovered from the loss position caused by the completion of contract projects in the previous period. - FY2024WorsenedAnnual report
「The Company advanced proposals to win new Solutions projects and worked to develop new customer companies and contract projects where technical employees of a broad range of ages could be expected to play active roles. However, revenue declined because some contract projects remained sluggish or ended.」
Although the Company continued developing new projects and customers, the Solutions business recorded a segment loss of ¥53 million due to sluggish performance and the completion of some contract projects, deteriorating from a profit in the previous period. - FY2024-Q3MitigatedAnnual report
「The Company advanced proposals to win new Solutions projects and worked to develop new customer companies and contract projects where technical employees of a broad range of ages could be expected to play active roles. However, revenue declined due in part to the completion of some contract projects.」
Although the Company continued developing new projects and customers, revenue declined. However, segment profit improved from a loss in the previous quarter to ¥0 million on a cumulative basis for the current quarter, reducing the loss position. - FY2024-Q2WorsenedAnnual report
「The Company advanced proposals to win new Solutions projects and worked to develop new customer companies and contract projects where technical employees of a broad range of ages could be expected to play active roles. However, revenue declined due in part to the completion of some contract projects.」
Although the Company pursued new projects and customer development, revenue declined because some contract projects ended, leaving the Solutions business with revenue of ¥8,990 million and a segment loss of ¥11 million. - FY2024-Q1WorsenedAnnual report
「The Company advanced proposals to win new Solutions projects and worked to develop new customer companies and contract projects where technical employees of a broad range of ages could be expected to play active roles. However, revenue declined due in part to the completion of some contract projects. As a result, revenue was ¥4,496 million (¥4,583 million in the same period of the previous year, down 1.9%), segment profit was ¥7 million (¥15 million, down 51.5%), and the number of technical employees was 3,265 (3,114, an increase of 151).」
The Solutions business recorded lower revenue and profit because some contract projects ended, despite efforts to develop new projects and customers. The number of technical employees increased by 151. - FY2023-Q3MitigatedAnnual report
「In the cumulative third quarter, although the sale of ＵＴシステムプロダクツ株式会社 at the end of March 2022 had an impact, revenue and profit increased due to the addition of ＵＴエフサス・クリエ株式会社 as a consolidated subsidiary in October 2021, increases in technical employees at existing subsidiaries, and higher operating levels at some contract sites.」
Despite the revenue decline resulting from the sale of UTシステムプロダクツ, revenue and profit increased due to increases in staff at existing subsidiaries and higher operating levels at contract sites. - FY2023-Q2MitigatedAnnual report
「In the cumulative second quarter, although the sale of ＵＴシステムプロダクツ株式会社 at the end of March 2022 had an impact, revenue and profit increased due to the addition of ＵＴエフサス・クリエ株式会社 as a consolidated subsidiary in October 2021, increases in technical employees at existing subsidiaries, and higher operating levels at some contract sites.」
Despite the impact of the sale of UTシステムプロダクツ, the Solutions business recorded higher revenue and profit due to the consolidation of a Fujitsu group company, increases in staff at existing subsidiaries, and higher operating levels at contract sites. - FY2023-Q1MitigatedAnnual report
「In the cumulative first quarter, revenue and profit increased due to the addition of ＵＴ エフサス・クリエ株式会社 as a consolidated subsidiary in October 2021, an increase in technical employees mainly at ＦＵＪＩＴＳＵ ＵＴ株式会社, and successful efforts to reduce selling, general and administrative expenses.」
The Solutions business turned a loss in the same period of the previous year into profit of ¥15 million through the consolidation of 富士通エフサス・クリエ, an increase in technical employees, and reductions in selling, general and administrative expenses. - FY2022Continued higher revenue and lower profit due to increased hiringAnnual report
「In the Solutions business, the number of technical employees increased and revenue grew due to higher operating levels related to the manufacture of automotive batteries as global EV production expanded, the launch of new contract projects under the in-house solution® model (contracting involving the transfer of permanent employees) for a major corporate group from July 2021, and the addition in October 2021 of 富士通エフサス・クリエ株式会社, a staffing company of the Fujitsu Group, as a newly consolidated subsidiary under its new name, ＵＴ エフサス・クリエ株式会社. On the cost side, although some operations were affected by semiconductor and component shortages, recruitment-related expenses increased as the Company intensified hiring of technical employees in response to sustained demand for human resources.」
The Solutions business recorded revenue of ¥35,035 million, up 17.9%, while segment profit declined 10.8% due to higher recruitment-related expenses. - FY2022-Q3Continued higher revenue and lower profit due to increased hiringAnnual report
「As a result, revenue was ¥25,260 million (¥21,553 million in the same period of the previous year, up 17.2%), segment profit was ¥860 million (¥1,082 million, down 20.5%), and the number of technical employees was 5,742 (4,448, an increase of 1,294).」
In the Solutions business, the number of technical employees and revenue increased, while segment profit declined 20.5% year on year due to higher recruitment-related expenses. - FY2022-Q2Continued higher revenue and lower profit due to increased hiringAnnual report
「In the Solutions business, demand for human resources expanded, mainly at ＵＴパベック株式会社, which specializes in battery manufacturing, but revenue increased while profit declined because the Company focused on hiring to meet that demand. The Company also continued to focus on sales activities to win projects supporting workforce mobility at major companies.」
The Solutions business recorded higher revenue due to intensified hiring, while profit declined because of higher recruitment-related expenses. Activities to win projects supporting workforce mobility for major companies are also continuing. - FY2022-Q1Higher revenue and lower profit due to increased hiringAnnual report
「In the Solutions business, demand for human resources expanded, mainly at ＵＴパベック株式会社, which specializes in battery manufacturing, but revenue increased while profit declined because the Company focused on hiring to meet that demand. The Company also continued to focus on sales activities to win projects supporting workforce mobility at major companies.」
In the Solutions business, revenue increased 18.3% year on year and the number of technical employees increased by 602 due to growing demand for human resources and intensified hiring, while segment profit declined 39.4%. - FY2021-Q3AdvancedAnnual report
「In the Solutions business, demand for human resources was recovering as the impact of production adjustments caused by the spread of COVID-19 at some customer companies subsided. Combined with higher unit prices in response to equal pay for equal work, this resulted in substantial increases in the number of technical employees, revenue and profit. The addition of ＵＴ東芝株式会社, ＵＴビジネスサービス株式会社 and ＵＴシステムプロダクツ株式会社, all group companies of 株式会社東芝, as consolidated subsidiaries in April 2020, and 水戸エンジニアリングサービス株式会社, a group company of Hitachi,Ltd., in July 2020 also contributed to the increases in revenue and profit.」
The Solutions business expanded to revenue of ¥21,553 million, segment profit of ¥1,082 million and 4,448 technical employees, driven by higher unit prices in response to equal pay for equal work and the addition of Toshiba and Hitachi group companies as consolidated subsidiaries. - FY2021-Q2AdvancedAnnual report
「Although some operations were affected by the spread of COVID-19, the number of technical employees and revenue both increased, driven by higher unit prices in response to equal pay for equal work and centered on ＵＴパベック株式会社, which specializes in battery manufacturing. Revenue and profit also increased due to the addition of ＵＴビジネスサービス株式会社, ＵＴシステムプロダクツ株式会社 and ＵＴ東芝株式会社, all group companies of 株式会社東芝, as newly consolidated subsidiaries on 1 April 2020, and 水戸エンジニアリングサービス株式会社 on 1 July 2020.」
The Solutions business recorded revenue of ¥13,808 million and segment profit of ¥606 million, due to the addition of 3 Toshiba group companies and 水戸エンジニアリングサービス as consolidated subsidiaries, as well as higher unit prices. Revenue increased 103.3% and profit increased 38.5% year on year. - FY2021-Q1AdvancedAnnual report
「In the Solutions business, although some customers manufacturing automotive-related parts, construction machinery and other products temporarily suspended operations, revenue and profit increased due to higher unit prices in response to equal pay for equal work, as well as the addition of TＢＬＳサービス株式会社, 東芝情報システムプロダクツ株式会社 and 東芝オフィスメイト株式会社, all group companies of 株式会社東芝, as newly consolidated subsidiaries on 1 April 2020.」
The Solutions business recorded a 90.7% increase in revenue and a 120.0% increase in segment profit, driven by higher unit prices in response to equal pay for equal work and the addition of 3 Toshiba group companies as consolidated subsidiaries. - FY2020-Q3AdvancedAnnual report
「In the Solutions business, despite production adjustments at some customers involved in EV battery manufacturing, the Company increased its technical employee headcount and revenue by strengthening relationships with major manufacturers through winning large staffing orders and proposing comprehensive human resources services. As a result, revenue was ¥10,315 million (¥8,962 million in the same period of the previous year, up 15.1%), segment profit was ¥766 million (¥694 million, up 10.4%), and the number of technical employees was 2,813 (2,540, an increase of 273).」
Despite production adjustments by EV battery manufacturing customers, revenue increased 15.1%, segment profit increased 10.4%, and the number of technical employees increased by 273 through the acquisition of large staffing orders and comprehensive human resources service proposals. - FY2020-Q2AdvancedAnnual report
「In the Solutions business, despite production adjustments at some customers involved in EV battery manufacturing, the Company increased its technical employee headcount and revenue by strengthening relationships with major manufacturers through winning large staffing orders and proposing comprehensive human resources services. As a result, revenue was ¥6,792 million (¥5,679 million in the same period of the previous year, up 19.6%), segment profit was ¥437 million (¥368 million, up 18.9%), and the number of technical employees was 2,802 (2,332, an increase of 470).」
Despite production adjustments by EV battery manufacturing customers, revenue increased 19.6%, segment profit increased 18.9%, and the number of technical employees increased by 470 through the acquisition of large orders and comprehensive proposals. - FY2020-Q1ReframedAnnual report
「In the Solutions Business, the number of technical employees and revenue increased as the Company strengthened relationships with major manufacturers through proposals for comprehensive human resources services and other offerings. However, profit margins declined because of production adjustments by certain customers involved in manufacturing batteries for EVs, in addition to upfront costs associated with securing a large staffing order. As a result, revenue was ¥3,290 million, up 21.6% from ¥2,706 million in the same period of the previous year; segment profit was ¥164 million, up 9.4% from ¥150 million; and the number of technical employees was 2,728, up 516 from 2,212.」
The explanation of the cost and demand factors has changed from the previous decline in profit caused by new start-up costs to this period's lower margins due to production adjustments by EV battery manufacturing customers and upfront costs associated with a large staffing order. However, revenue and segment profit increased. - FY2019MitigatedAnnual report
「In the Solutions Business, revenue and segment profit both increased as the Company strengthened relationships with major manufacturers through proposals for comprehensive human resources services and other offerings, resulting in an increase in technical employees through transfers and other measures involving major manufacturers.」
The business turned from a profit decline caused by new business launch costs in the previous fiscal year to revenue and operating income growth, with revenue of ¥12,175 million and operating income of ¥918 million. - FY2019-Q3MitigatedAnnual report
「In the Solutions Business, revenue and segment profit both increased as the Company strengthened relationships with major manufacturers through proposals for comprehensive human resources services and other offerings, resulting in an increase in technical employees through transfers and other measures.」
Following the profit decline caused by new business launch costs reported in the previous quarter, the Solutions Business returned to year-on-year revenue and profit growth, with revenue of ¥8,962 million and segment profit of ¥694 million. - FY2019-Q2First statedAnnual report
「In the Solutions Business, revenue increased as the Company strengthened relationships with major manufacturers by proposing comprehensive human resources services and other offerings. However, segment profit declined because of costs incurred to launch new operations in the first quarter. As a result, revenue was ¥5,679 million, up 15.7% from ¥4,909 million in the same period of the previous year, and segment profit was ¥368 million, down 4.6% from ¥385 million.」
In the Solutions Business, revenue increased 15.7%, while segment profit declined 4.6% year on year because of costs incurred to launch new operations in the first quarter.