High dependence on two core businesses for earnings
First written in FY2018. 3 of 8 entries say "Worsened", first in FY2020. Latest entry: FY2025.
S-Pool moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 5 of 29 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The employment support service for people with disabilities and the staffing service account for 87% of the group's operating profit.」
Reliance on the two core businesses for operating profit increased from 79% in the previous fiscal year to 87%. The company continues to indicate the need to reduce this reliance through growth in new business areas. - FY2024MitigatedAnnual report
「The employment support service for people with disabilities and the staffing service account for 79% of the group's operating profit.」
The two core businesses' share of operating profit declined from 88.6% in the previous fiscal year to 79%, reducing reliance on them. The company continues to pursue diversification through growth in areas such as broad-area administrative BPO and environmental management support. - FY2023WorsenedAnnual report
「The employment support service for people with disabilities and the staffing service account for 88.6% of the group's operating profit.」
Reliance on the two core businesses for operating profit increased from 84.8% in the previous fiscal year to 88.6%, again highlighting the need to reduce that reliance. - FY2022MitigatedAnnual report
「The staffing service and employment support service for people with disabilities account for 84.8% of the group's operating profit.」
Although reliance on the two core businesses for operating profit remains high, it declined from 93.3% in the previous fiscal year to 84.8%. - FY2021MitigatedAnnual report
「The staffing service and employment support service for people with disabilities account for 93.3% of the group's operating profit.」
Although reliance on the two core businesses for operating profit remains high, it declined from 95.7% in the previous fiscal year to 93.3%. The company is promoting logistics, recruitment support, municipal BPO and environmental businesses as new sources of earnings. - FY2020WorsenedAnnual report
「The two core businesses of the staffing service and the employment support service for people with disabilities account for 95.7% of consolidated operating profit. The company recognizes the urgent need to establish new earnings pillars beyond these two core businesses, as a sharp decline in revenue due to changes in the business environment could affect the group's performance.」
The company quantifies its reliance on the two core businesses at 95.7% of consolidated operating profit and considers building new earnings pillars an urgent priority. - FY2019RestatedAnnual report
「The group's revenue is highly concentrated in two businesses: the staffing service and the employment support service for people with disabilities.」
The company continues to recognize its high reliance on the two core businesses for earnings as a challenge and is pursuing portfolio management by strengthening the recruitment support service and other businesses. - FY2018First statedAnnual report
「In the fiscal year under review, revenue from エスプールヒューマンソリューションズ (primarily the staffing service) accounted for 70.2% of the group's consolidated revenue. In addition, the combined segment operating profit of エスプールヒューマンソリューションズ and エスプールプラス (the employment support service for people with disabilities) accounted for a very high proportion of total operating profit in the reporting segments.」
The company explicitly identifies the staffing service's 70.2% share of consolidated revenue and the high reliance on the two businesses for operating profit as challenges in diversifying revenue sources.