Risk of Greater Competition and Lower Staffing Rates
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2026.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The temporary staffing market currently has many operators, and, apart from obtaining a license to operate a worker-dispatching business, there are no significant barriers to entry, resulting in many new entrants. There are also many competitors in the Group's principal business, the technical personnel intellectual property leasing business.」
The company continues to identify performance risks from numerous competitors, new entrants and competition amid an uncertain economic outlook. - FY2025RestatedAnnual report
「The temporary staffing market currently has many operators, and, apart from obtaining a license to operate a worker-dispatching business, there are no significant barriers to entry, resulting in many new entrants. There are also many competitors in the Group's principal business, the technical personnel intellectual property leasing business.」
The company continues to identify performance risks from numerous competitors, new entrants and competition amid an uncertain economic outlook. - FY2022RestatedAnnual report
「The temporary staffing market currently has many operators, and, apart from obtaining a license to operate a worker-dispatching business, there are no significant barriers to entry, resulting in many new entrants.」
The company continues to disclose performance risks from numerous competitors, new entrants and changes in market conditions. - FY2021RestatedAnnual report
「The temporary staffing market currently has many operators, and, apart from obtaining a license to operate a worker-dispatching business, there are no significant barriers to entry, resulting in many new entrants.」
The company continues to disclose performance risks from numerous competitors, new entrants and the entrenchment of lower staffing rates when the market contracts. - FY2017RestatedAnnual report
「If the market contracts because demand for staffing declines during an economic downturn, competing companies reduce staffing rates to gain market share, and those transaction prices become established with customers, this could affect the Group’s business performance.」
The company continues to identify performance risks from numerous competitors, new market entrants and the entrenchment of lower staffing rates. - FY2016First statedAnnual report
「If the market contracts because demand for staffing declines during an economic downturn, competing companies reduce staffing rates to gain market share, and those transaction prices become established with customers, this could affect the Group’s business performance.」
Market contraction, competition for market share and persistent reductions in staffing rates are identified as risks to business performance.