Fluctuations in Economic Conditions, Employment and the Recruitment Market
First written in FY2017. 5 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 14 of 21 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The human resources services business, our core business, depends on the hiring plans of companies that place job advertisements. If the business environment changes substantially due to economic trends, employment conditions, the job market, the spread or prevalence of infectious diseases or other factors, our business operations and results may be materially affected.」
The business-structure risk of being affected by economic trends, employment conditions, the recruitment market and infectious diseases continues to be disclosed. - FY2024RestatedAnnual report
「The human resources services business, our core business, depends on the hiring plans of companies that place job advertisements. If the business environment changes substantially due to economic trends, employment conditions, the job market, the spread or prevalence of infectious diseases or other factors, our business operations and results may be materially affected.」
The risks of the effects of economic trends, employment conditions, the recruitment market and infectious diseases on the human resources services business continue to be disclosed. - FY2023-Q3RestatedAnnual report
「Although the number of domestic cases of this infectious disease is expected to fluctuate for the time being due to the emergence of new variants and other factors, the effects of a resurgence of the infectious disease are expected to diminish during the fiscal year ending February 2023.」
While fluctuations in the number of cases due to new variants are anticipated, the assumption that the effects of a resurgence of the infectious disease will diminish during the fiscal year ending February 2023 continues to be applied. - FY2023-Q2RestatedAnnual report
「Although the number of domestic cases of this infectious disease is expected to fluctuate for the time being due to the emergence of new variants and other factors, the effects of a resurgence of the infectious disease are expected to diminish during the fiscal year ending February 2023.」
While the possibility of a resurgence of the infectious disease remains, the accounting assumption that its effects will diminish during the fiscal year ending February 2023 continues to be applied. - FY2023-Q1MitigatedAnnual report
「The state of emergency was lifted on 30 September 2021 and priority preventive measures to prevent the spread of disease were lifted on 21 March 2022. Along with progress in vaccinations, revenue has begun to recover.」
While the effects of infectious diseases on recruitment advertising placements continued to be disclosed, revenue was described as recovering against the backdrop of the lifting of the various measures and progress in vaccinations. - FY2022MitigatedAnnual report
「However, revenue has been recovering since October 2021, due in part to the implementation of the Company's own initiatives and proactive investment in advertising and promotion.」
While the effects of the spread of infectious diseases on recruitment advertising placements remained, the disclosure states that revenue has been recovering since October 2021 due to the Company's own initiatives and investment in advertising and promotion. - FY2022-Q3MitigatedAnnual report
「The human resources services business recovered steadily after the state of emergency was lifted on 30 September 2021.」
Although the effects of the spread of infectious diseases on recruitment demand and revenue remained, the disclosure states that the human resources services business recovered steadily after the state of emergency was lifted, with revenue returning to pre-pandemic levels. - FY2022-Q1MitigatedAnnual report
「In addition to the lifting of the state of emergency in June 2021, general vaccination began, and orders for recruitment advertising placements in June 2021 showed signs of recovery.」
Although the effects of the spread of infectious diseases on willingness to hire and recruitment advertising placements continued, orders in June showed signs of recovery following the lifting of the state of emergency and the start of vaccinations. - FY2021MaterialisedAnnual report
「In the fiscal year ended February 2021, the spread of COVID-19 affected recruitment advertising placements by customer companies, including through restrictions on their recruitment activities and reductions in recruitment budgets.」
The risk of fluctuations in economic trends, employment conditions and the recruitment market materialized throughout the fiscal year in the form of restrictions on customer companies' recruitment activities, reductions in recruitment budgets and effects on recruitment advertising placements. - FY2021-Q2MaterialisedAnnual report
「As companies' willingness to hire stagnated, the placement of recruitment advertisements by customer companies was also affected, impacting the Company's business activities.」
The business-structure risk arising from fluctuations in economic trends, employment conditions and the recruitment market materialized as stagnation in companies' willingness to hire and a decline in recruitment advertising placements due to the spread of infectious diseases. - FY2021-Q1MaterialisedAnnual report
「Customer companies' willingness to hire declined sharply, causing revenue from Baitoru and Hatarako.net to fall significantly.」
The risk of exposure to fluctuations in economic trends, employment conditions and the recruitment market materialized in the form of declining customer companies' willingness to hire and lower recruitment advertising revenue due to the spread of COVID-19 and the declaration of a state of emergency. - FY2020WorsenedAnnual report
「Accordingly, the business is susceptible to the effects of the economic environment, including economic trends, employment conditions, the recruitment market and the spread and prevalence of infectious diseases, and significant fluctuations in the business environment resulting from these factors may affect the Company's business and operating results.」
In addition to fluctuations in economic trends, employment conditions and the recruitment market, the spread and prevalence of infectious diseases has been added as an explicit risk factor. - FY2019RestatedAnnual report
「The Company's core business, Internet recruitment advertising, is significantly affected by the hiring plans of companies placing job advertisements. Accordingly, it is susceptible to the effects of the economic environment, including economic trends, employment conditions and the recruitment market, and significant fluctuations in these conditions may affect the Company's business and operating results.」
The risk that Internet recruitment advertising will be affected by fluctuations in economic trends, employment conditions and the recruitment market continues to be disclosed. - FY2017First statedAnnual report
「As the Company's core business, the media business provides job information services and is therefore significantly affected by the hiring plans of companies placing job advertisements. Accordingly, it is susceptible to the effects of the economic environment, including economic trends, employment conditions and the recruitment market, and significant fluctuations in these conditions may affect the Company's business and operating results.」
The disclosure identifies as a risk the media business's dependence on corporate hiring plans and fluctuations in economic trends, employment conditions and the recruitment market.