High Revenue Dependence on the Media Business
First written in FY2017. 5 of 8 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
dip moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2019: 7 of 29 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「For the fiscal year ending February 2026, revenue from the human resources services business accounted for 87.9% of the Company's revenue of ¥5,485.2 million, with revenue from the business at ¥4,823.9 million, representing a high proportion of total revenue.」
Although dependence on the human resources services business remains high, it declined from 88.1% in the previous fiscal year to 87.9%. Revenue from the DX business was ¥661.3 million. - FY2025MitigatedAnnual report
「For the fiscal year ended February 2025, revenue from the human resources services business accounted for 88.1% of the Company's revenue of ¥5,638.6 million, or ¥4,966.2 million, indicating a high level of dependence.」
Dependence on the human resources services business declined to 88.1% from 88.9% in the previous fiscal year. Revenue from the DX business increased to ¥672.3 million, indicating further diversification of the business portfolio. - FY2024MitigatedAnnual report
「For the fiscal year ended February 2024, revenue from the human resources services business accounted for 88.9% of the Company's revenue of ¥5,378.2 million, or ¥4,780.1 million, indicating a high level of dependence.」
Although dependence on the human resources services business remains high, it declined from 92.8% in the previous fiscal year to 88.9%, while revenue from the DX business increased to ¥5,981 million. - FY2022MitigatedAnnual report
「For the fiscal year ended February 2022, revenue from the human resources services business accounted for 92.8% of the company's revenue of ¥39,515 million, or ¥36,686 million, indicating a high degree of dependence.」
Although dependence on the human resources services business remains high, it declined from 97.5% in the previous fiscal year to 92.8%. Revenue from the DX business increased from ¥1,038 million to ¥2,828 million. - FY2021MitigatedAnnual report
「For the fiscal year ended February 2021, revenue from the human resources services business accounted for 97.5% of the company's revenue of ¥32,494 million, or ¥31,671 million, indicating a high degree of dependence.」
Although dependence on the human resources services business remains high, it declined from 99.9% in the previous fiscal year to 97.5%. Revenue from the DX business also grew from ¥46 million in the previous fiscal year to ¥823 million, indicating some progress in diversifying the business portfolio. - FY2020ReframedAnnual report
「For the fiscal year ended February 2020, revenue from the human resources services business accounted for 99.9% of the company's revenue of ¥46,415 million, or ¥46,369 million, indicating a high degree of dependence. Accordingly, fluctuations in revenue from this business due to intensifying competition with other media in the job advertising market and other factors could significantly affect the company's business and performance. The company is pursuing businesses including AI and RPA to diversify its business portfolio and establish a more stable earnings base, but these services and businesses may fail to contribute to performance as initially planned, and dependence on the human resources services business may continue.」
The company redefined the area of dependence from the internet job advertising business to the human resources services business and disclosed a revenue ratio of 99.9%. It is pursuing diversification through AI and RPA while also stating that dependence may continue. - FY2019ReframedAnnual report
「For the fiscal year ended February 2019, revenue from the internet job advertising business, comprising Baitoru, Baitoru NEXT and Hatarako.net, accounted for 96.2% of consolidated revenue of ¥42,176 million, or ¥40,577 million, indicating a high degree of dependence.」
The company changed the definition of its dependence from the former media business to the internet job advertising business operated through 3 websites, and quantified the revenue ratio at 96.2%. - FY2017First statedAnnual report
「For the fiscal year ended February 2017, revenue from the media business accounted for 92.2% of the company's revenue of ¥33,178 million, or ¥30,584 million. The company was highly dependent on the media business, which operates its core service, Baitoru.」
The company quantifies the structure in which the media business accounts for 92.2% of full-year revenue and describes the potential impact on business performance from intensifying competition and other factors in the job advertising market.