Addressing personnel shortages through recruitment and training

「Going forward, in addition to the strong English-language skills of engineers in the Philippines, the company will actively provide training to further strengthen their ability to use AI and recruit outstanding global talent outside the Philippines, including AI-native engineers, thereby increasing its ability to win profitable projects through a shift to a high-value-added, highly productive model.」

「In the information services industry in which the Group operates, innovation in IT technologies such as big data, IoT and artificial intelligence (AI) is advancing at an accelerating pace, and the markets are expected to continue expanding, while concerns remain about a shortage in Japan of personnel capable of developing these technologies.」

「In anticipation of the expansion of the largest projects in the company's history through the next fiscal year, and in response to the trend toward expanding offshore operations across multiple countries against the backdrop of the Economic Security Promotion Act, the company is actively investing in human resources, including retraining and mid-career hiring, to address the anticipated shortage of human resources, and continues these initiatives in line with the Group's growth strategy.」

「In addition to its active new hiring and recruitment of immediately productive mid-career professionals, the company is acquiring and developing personnel capable of highly complex project management and highly skilled personnel specializing in technical fields essential to growth markets, in order to meet large-scale development demand expected to become substantial from the fourth quarter and orders for new solutions from existing major customers and in growth markets.」

「The company resumed recruitment and training under its proprietary "ACTION" training program for developing personnel in the second half of the previous fiscal year. By flexibly pursuing both the capture of demand, including winning prospective next-pillar customers, and the supply of personnel, including the acquisition and development of more than 200 talented people during the current fiscal year, it was able to minimize the impact of higher costs resulting from foreign exchange movements and higher personnel expenses, including retention measures accompanying intensifying global competition for IT personnel.」

「As revenue from existing major customers grew and orders for advanced new solutions were secured, the company was able to minimize the impact of higher personnel expenses, including costs for various measures implemented with the safety and well-being of its employees as the top priority, travel restrictions resulting from the spread of new variants, disaster response in the Philippines, and retention measures accompanying intensifying global competition for IT personnel.」

「In addition, from the third quarter under review, the Company resumed recruitment and training through its proprietary ACTION training program for talent development and is working to attract and develop outstanding personnel.」

「Against the backdrop of expected growth in large projects from the second half of the current fiscal year into the next fiscal year, the company is investing actively in human resources, including retraining and mid-career hiring, to address the anticipated shortage of human resources.」

「Innovation in IT technologies such as big data, IoT and artificial intelligence (AI) is advancing at an accelerating pace, and the markets are expected to continue expanding, while concerns remain about a shortage in Japan of personnel capable of developing these technologies.」

「In anticipation of growing orders from existing major customers and for new solutions in growth markets, the company is acquiring and developing highly skilled personnel, in addition to its active new hiring and recruitment of immediately productive mid-career professionals. This includes personnel capable of handling highly complex project management and specialists in technical fields essential to growth markets, and the company expects these initiatives to begin producing substantial results going forward.」

「In addition, against the backdrop of growing orders from existing major customers and for advanced new solutions, the company has stepped up investment in highly skilled personnel, in addition to active new hiring and the recruitment of immediately productive mid-career professionals, focusing on personnel responsible for project management, and is pursuing initiatives aimed at further business expansion in the future.」

「Against this backdrop, in the information services industry in which the Group operates, innovation in IT technologies such as big data, IoT and artificial intelligence (AI) is advancing at an accelerating pace, and the markets are expected to continue expanding, while concerns remain about a shortage in Japan of personnel capable of developing these technologies.」

「Against this backdrop, in the information services industry in which the Group operates, the markets for big data, IoT and artificial intelligence (AI), among others, are expected to continue expanding, while concerns remain about a shortage in Japan of personnel capable of developing these technologies.」

「In the information services industry in which the Group operates, the markets for big data, IoT and artificial intelligence (AI), among others, are expected to continue expanding, while concerns remain about a shortage in Japan of personnel capable of developing these technologies.」

「In addition to revenue growth resulting from these circumstances, the efficient operation of human resources through the creation of a human resources platform, avoidance of opportunity losses by improving utilization rates, and the continued trend toward a stronger yen against the Philippine peso, which benefited costs, enabled the company to absorb higher spending on staffing to meet growing development demand. Segment profit is therefore tracking above plan.」

「In all divisions, the company continues to prioritize the active recruitment of talented personnel to address the increase in projects and develop new solutions.」

「In addition, securing development personnel to win further new projects remains an urgent priority.」

「In the information services industry in which the Group operates, the markets for big data, IoT and artificial intelligence (AI), among others, are expected to continue expanding, while concerns remain about a shortage in Japan of personnel capable of developing these technologies.」

「The number of employees has increased by 113 from the end of the previous consolidated fiscal year. The primary reason was an increase in mid-year hiring accompanying the expansion of the global business.」

「During the cumulative third quarter of the current consolidated fiscal year, the number of employees in the Group increased by 109 to 877. The primary reason was the expansion of the Group's global business.」

「During the cumulative second quarter of the current consolidated fiscal year, the number of employees in the Group increased by 99 to 867. The primary reason was the expansion of the Group's global business.」

「To respond to the expected increase in projects, the Company continues to secure outstanding personnel through active recruitment and places continued emphasis on training to improve individual skills, including the acquisition of advanced technologies, for education and development.」

「Accordingly, in the Philippines, the Company systematically recruits each year only the top-performing graduates majoring in science and engineering from across the country and provides strategic talent development.」

「However, to respond to the expected increase in projects, the Company is promoting active recruitment and providing ongoing training to improve individual skills, including the acquisition of advanced technologies.」

「However, revenue is below plan because the Company has continued to face difficulty securing personnel quickly enough amid the rapid expansion of new projects.」

「The Company has substantially improved the previously anticipated personnel shortage by conducting active recruitment every fiscal year and implementing career advancement initiatives through enhanced internal training programs.」