Komori
Sms (2175) · RiskRestated

Competitors’ Lock-In of Talent and Service Providers

First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2026.

5entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY20212016: 120162017: 020172018: 020182019: 020192020: 020202021: 120212022: 020222023: 020232024: 020242025: 220252026: 12026
Same theme, other companies
Intensifying competition in the recruitment and staffing services sectorA theme 23 companies write about · 25 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 4 of 8 companies on the "Worse" side.

10 other companies' latest entry also says "Restated".

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.
Showing 14 of the 23 companies compared. The sentences above are computed from all 23.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「In the careers business, demand for personnel in the medical and long-term care fields is expected to continue expanding, while the competitive environment is expected to remain challenging.」

    The company recognizes that the competitive environment in the careers business will remain challenging, and identifies hiring and productivity improvements for care providers, the use of AI, and investment in direct recruiting as response measures.
  2. FY2026-H1MitigatedAnnual report

    「The competitive environment has eased year on year, and the number of job seekers acquired is also improving.」

    For the careers business, the easing competitive environment and improvement in the number of job seekers acquired are described, indicating a change in the previously identified risk of intensifying competition.
  3. FY2025WorsenedAnnual report

    「In the careers business, competition to attract job seekers has intensified, and advertising and promotional investment has been increasing.」

    The intensifying competition to attract job seekers and the increase in advertising and promotional investment are explicitly identified, indicating that the competitive risk is growing.
  4. FY2021RestatedAnnual report

    「On the other hand, if the number of new entrants increases in this attractive market and the competitive environment intensifies, this could adversely affect our group’s business activities.」

    The risks of new market entrants and intensifying competition accompanying market expansion have been reconfirmed, with cross-service use of the customer base identified as a response to enhance competitive advantage.
  5. FY2016First statedAnnual report

    「However, if newly entered competitors succeed in locking in workers or service providers ahead of our group, or if competitors with substantial capital enter the market with overwhelming investment, this could affect our group’s business activities and performance.」

    The company explains that it has been building barriers to entry through the integrated operation of multiple services, and identifies intensifying competition as a risk.
Moved together

"Sustained Growth in Net Income" moved the same way as this thread, in the same document, in 2 of its 5 moves.

2★1
  1. ★This thread
  2. 1Sustained Growth in Net Income2×

★ 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
Sms's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Competitors’ Lock-In of Talent and Service Providers | SMS CO.,LTD. (2175) | Komori