Responding to Business Volume Through a Chinese Subsidiary and Developing the Chinese Market
First written in FY2016. 5 of 10 entries say "Advanced", first in FY2018. Latest entry: FY2026.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The main factors were an increase in the number of transactions processed and higher average processing fees in the year-end tax adjustment BPaaS business, higher average processing fees in the payroll-processing BPaaS business, and the recognition of revenue from the subsidiary in Shanghai, China, which became a consolidated subsidiary during the current fiscal year.」
The Shanghai subsidiary acquired in 2025 contributed revenue from the current consolidated fiscal year, bringing the strategy of expanding the Group's HR business in China into its consolidated results. - FY2025AdvancedAnnual report
「In 2025, the Company acquired an equity interest in 栄光未来信息技術（上海）有限公司, which is based in Shanghai, China, and made it a subsidiary. 栄光上海 provides human resources management services to Japanese companies operating in China and is responsible for expanding the Group's HR business in China.」
In addition to the existing Qingdao offshore base, the Group made a Shanghai-based human resources management services company a wholly owned subsidiary in 2025, adding a base for expanding its HR business in China. - FY2023RestatedAnnual report
「In 2013, the Company established a subsidiary in Qingdao, Shandong Province, China, to respond to the expansion of administrative workloads for its outsourcing services in Japan and to develop the Chinese market. The subsidiary currently functions as the Group's offshore operation.」
Continues to explain that the Chinese subsidiary was established to expand processing volumes for domestic operations and develop the Chinese market, and currently serves an offshore function. - FY2020RestatedAnnual report
「In 2013, the Company established a subsidiary in Qingdao, Shandong Province, China, to respond to the expansion of administrative workloads for its outsourcing services in Japan and to develop the Chinese market. The subsidiary currently functions as the Group's offshore operation.」
Continues to explain that the Chinese subsidiary was established to expand processing volumes for domestic operations and develop the Chinese market, and currently serves an offshore function. - FY2019RestatedAnnual report
「In 2013, the Company established a subsidiary in Qingdao, Shandong Province, China, to respond to the expansion of administrative workloads for its outsourcing services in Japan and to develop the Chinese market. The subsidiary currently functions as the Group's offshore operation.」
Continues to explain that the Chinese subsidiary was established to expand processing volumes for domestic operations and develop the Chinese market, and currently serves an offshore function. - FY2018AdvancedAnnual report
「The subsidiary currently functions as the Group's offshore operation.」
States that the Chinese subsidiary is operating in practice as an offshore base for the Group's domestic outsourcing operations, providing more detail on its utilization. - FY2017RestatedAnnual report
「In 2013, the Company established a subsidiary in Qingdao, Shandong Province, China, to respond to the expansion of administrative workloads for its outsourcing services in Japan and to develop the Chinese market.」
Continues to describe the Chinese subsidiary as a means of expanding processing volumes for domestic operations and developing the Chinese market. - FY2016First statedAnnual report
「In 2013, the Company established a subsidiary in Qingdao, Shandong Province, China, to respond to the expansion of administrative workloads for its outsourcing services in Japan and to develop the Chinese market.」
Positions the Chinese subsidiary as serving both to expand processing capacity for domestic operations and to develop the Chinese market.