Declining Demand for Talent Due to Economic and Market Deterioration
First written in FY2016. 7 of 22 entries say "Worsened", first in FY2024-Q1. Latest entry: 2026-10-08.
Silicon Studio Corp. moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 13 of 20 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- 2026-10-08WorsenedEarnings presentation materials
「Although we continued to expand our sales targets beyond the traditional focus on major customers to include the streaming entertainment industry and small and medium-sized studios, conditions remained difficult」
The company continued to broaden its sales targets, but difficult market conditions in the human resources placement business persisted, and the number of successful paid employment placements remained below the previous year's level. - FY2026-H1RestatedAnnual report
「In the human resources business, the employment placement business remains challenging due to declining hiring appetite among gaming companies, an area in which we have strengths. However, we are working to approach industries such as streaming entertainment and improve services so that both client companies and job seekers are satisfied.」
The continued challenging conditions in the employment placement business due to declining hiring appetite among gaming companies are recognized, and the company is responding by approaching industries such as streaming entertainment. - FY2025-H1WorsenedAnnual report
「In the human resources business, the market was challenging due to a decline in the desire to change jobs among employees of gaming companies, an area in which we have strengths, and a decrease in the number of people seeking temporary work. However, we are focusing on improving profitability by developing new customers and industries in addition to existing customers.」
The decline in the desire to change jobs among employees of gaming companies and the decrease in the number of people seeking temporary work materialized as challenging conditions in the human resources market. At the same time, efforts are being made to improve profitability by developing new customers and industries. - FY2024WorsenedAnnual report
「In the human resources business, the employment placement business declined from the previous fiscal year due to a sharp decline in hiring appetite among gaming companies, an area in which we have strengths.」
The sharp decline in hiring appetite among gaming companies was reflected in full-year results as lower revenue and profit in the employment placement business. - FY2024-Q2WorsenedAnnual report
「In the human resources business, the employment placement business declined from the previous fiscal year due to a sharp decline in hiring appetite among gaming companies, an area in which we have strengths.」
The sharp decline in hiring appetite among gaming companies materialized as lower revenue and profit in the employment placement business. - FY2024-Q1WorsenedAnnual report
「In particular, in the employment placement business, amid ongoing changes in the market environment, including industry realignment resulting from the entry of Chinese capital into the entertainment industry, where we have strengths, and greater customer mobility due to an increase in competitors, we are focusing on improving earning power by thoroughly reinforcing our basic activities, including uncovering demand from potential customers in addition to existing customers, to address the issues that have emerged.」
In the employment placement market, industry realignment due to the entry of Chinese capital and greater customer mobility due to an increase in competitors have progressed, making changes in the market environment and related issues more apparent. - FY2023MitigatedAnnual report
「The number of deployed temporary workers, which had continued to decline in recent years, increased this fiscal year, showing signs of a recovery.」
The number of deployed temporary workers, which had continued to decline, increased this period, indicating signs of improvement in the risk of declining demand for human resources. - FY2023-Q2MitigatedAnnual report
「Demand for permanent creative talent in the entertainment industry remained solid, and fee-charging employment placement services drove performance.」
Demand for permanent creative talent was described as solid, and fee-charging employment placement services drove performance. This indicates an improvement in the risk of declining demand for human resources. - FY2022-Q1Signs that the decline in deployed temporary workers is leveling offAnnual report
「In the temporary staffing services business, the decline in the number of deployed workers was beginning to level off. However, partly because the number of deployed workers also declined year on year, the cumulative number of general temporary workers deployed at client companies during the first quarter of the fiscal year was 539 people, down 14.7% year on year.」
There were signs that the decline in deployed temporary workers was leveling off, but the decrease continued in actual results, with a 14.7% year-on-year decline. - FY2021MaterialisedAnnual report
「This was due to a decline in revenue resulting from a decrease in the number of deployed workers, reflecting the impact of lower demand for temporary staffing amid the COVID-19 pandemic.」
The previously identified risk of declining demand for human resources materialized as lower demand for temporary staffing amid the COVID-19 pandemic, a decrease in deployed workers and lower revenue. - FY2021-Q3Continued decline in temporary staffing and increase in employment placementAnnual report
「Although job openings for creative talent in the entertainment industry were showing signs of recovery, demand for immediately deployable personnel increased and hiring standards became more stringent. In addition, job seekers became more cautious following the reissuance of the state of emergency, among other factors. As a result, during the cumulative third quarter, the total number of general temporary staffing workers assigned to client companies was 1,836, down 13.4% year on year, while the number of successful paid employment placements was 240, up 2.1%.」
While stricter hiring standards and greater caution among job seekers continued to result in a year-on-year decline in temporary staffing results, completed placements increased year on year. - FY2021-Q2MaterialisedAnnual report
「Although the number of job openings for creative talent in the entertainment industry has been recovering, hiring standards have become more stringent as demand for immediately productive personnel has increased. In addition, the cautious movement of job seekers since the reissuance of the state of emergency, among other factors, affected results. The cumulative number of general temporary workers deployed at client companies during the second quarter of the fiscal year was 1,238 people, down 13.8% year on year, while the number of placements completed through fee-charging employment placement services was 152 people, down 9.0% year on year.」
Despite the recovery in the number of job openings, stricter hiring standards and greater caution among job seekers continue to be reflected in year-on-year declines in temporary staffing and placement results. - FY2021-Q1MaterialisedAnnual report
「Although the number of job openings for creative talent in the entertainment industry has been recovering, hiring standards have become more stringent as demand for immediately productive personnel has increased. In addition, the cautious movement of job seekers since the reissuance of the state of emergency, among other factors, affected results. The cumulative number of general temporary workers deployed at client companies during the first quarter of the fiscal year was 632 people, down 15.3% year on year, while the number of placements completed through fee-charging employment placement services was 67 people, down 18.3% year on year.」
While the number of job openings has been recovering, stricter hiring standards and greater caution among job seekers have been reflected in declines in actual temporary staffing and placement results. - FY2020Strong demand for human resources coexisting with uncertainty caused by the prolonged infectious disease outbreakAnnual report
「Demand for creative talent in the entertainment industry remains strong, but the outlook is uncertain as the effects of the novel coronavirus disease continue for an extended period.」
While indicating that demand for creative talent remains strong, the statement also notes uncertainty about the outlook due to the prolonged infectious disease outbreak. - FY2020-Q3Recovery in demand for human resources amid more selective hiringAnnual report
「In the human resources business, client companies have shown a tendency to be more selective in their hiring than before, but demand for human resources in the creative industries has been recovering since the lifting of the state of emergency.」
It was stated that while client companies have become more selective in hiring, demand for human resources in the creative industries has been recovering since the lifting of the state of emergency. - FY2019RestatedAnnual report
「Recruitment demand at client companies remains firm amid the expansion of the gaming industry market driven by the recent expansion of the market for smartphone-native applications. However, if the employment situation or market environment deteriorates in the future for various reasons, or if demand for human resources declines significantly at client companies due to business downsizing, expense reductions or other factors, this may affect the performance of our group.」
While indicating that recruitment demand remains firm, the risk of declining demand for human resources due to economic and market deterioration continues to be identified. - FY2018RestatedAnnual report
「Recruitment demand at client companies remains firm amid the expansion of the gaming industry market driven by the recent expansion of the market for smartphone-native applications. However, if the employment situation or market environment deteriorates in the future for various reasons, or if demand for human resources declines significantly at client companies due to business downsizing, expense reductions or other factors, this may affect the performance of our group.」
While indicating that recruitment demand remains firm, the risk of declining demand for human resources due to economic and market deterioration continues to be identified. - FY2017RestatedAnnual report
「Recruitment demand remains firm, but if the employment situation or market environment deteriorates in the future for various reasons, or if demand for human resources declines significantly at client companies due to business downsizing, expense reductions or other factors, this may affect the performance of our group.」
While indicating that current recruitment demand remains firm, the risk of declining demand for human resources due to economic and market deterioration continues to be identified. - FY2016First statedAnnual report
「If the employment situation or market environment deteriorates in the future for various reasons, or if demand for human resources declines significantly at client companies due to business downsizing, expense reductions or other factors, this may affect the performance of our group.」
Current recruitment demand remains firm, while deterioration in the employment situation and client demand was identified as a risk to the human resources business.