Komori
Synchro Food (3963) · RiskDropped

Decline in Hiring Demand for Recruitment Services Due to COVID-19

First written in FY2021-Q1. 4 of 7 entries say "Restated". Latest entry: FY2025.

7entries
6years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2022-Q3 – FY20252020: 220202021: 220212022: 220222023: 020232024: 020242025: 12025
Same theme, other companies
Declining Demand for Workers Due to COVID-19 and Downside Risk to Human Resources Services PerformanceA theme 12 companies write about · 12 as a headwind · 0 as a tailwind

Synchro Food moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.

2 other companies' latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025DroppedAnnual report
    The FY2025 business and other risks do not explicitly mention weaker hiring demand for recruitment services due to COVID-19.
  2. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risk of weaker hiring demand for its recruitment services due to COVID-19.
  3. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risk of weaker hiring demand for its recruitment services due to COVID-19.
  4. FY2021WorsenedAnnual report

    「Due to the spread of COVID-19, hiring demand among the medium-sized and large restaurant businesses that are the primary customers of the recruitment services remained weak throughout the year, with both the average fee per successful placement and the number of placements declining, particularly in the second half.」

    Weak hiring demand continued throughout the year, while the average fee per placement and the number of placements also declined in the second half.
  5. FY2021-Q3RestatedAnnual report

    「Due to the impact of COVID-19, hiring demand among the medium-sized and large restaurant businesses that are the primary customers of the recruitment services continues to be substantially weak.」

    Hiring demand among restaurant businesses has remained substantially weak due to the impact of the pandemic.
  6. FY2021-Q2RestatedAnnual report

    「Due to the impact of COVID-19, hiring demand among the medium-sized and large restaurant businesses that are the primary customers of the recruitment services declined substantially, and many cases arose in which start dates were postponed or hiring was cancelled even after hiring decisions had been finalized.」

    In addition to weaker hiring demand among restaurant businesses, the situation of frequent postponements of start dates and hiring cancellations has continued.
  7. FY2021-Q1MaterialisedAnnual report

    「Due to the impact of COVID-19, hiring demand among the medium-sized and large restaurant businesses that are the primary customers of the recruitment services declined substantially.」

    Hiring demand among restaurants, the primary customers of the recruitment services, declined substantially due to the impact of the pandemic.
Moved together

"High-profitability business operations" moved the same way as this thread, in the same document, in 2 of its 7 moves.

222★123
  1. ★This thread
  2. 1High-profitability business operations2×
  3. 2Growth in Cash and Equity Following Listing and Capital Increase2×
  4. 3Delays in M&A Closing Timelines Due to COVID-192×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Synchro Food yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in Hiring Demand for Recruitment Services Due to COVID-19 | Synchro Food Co.,Ltd. (3963) | Komori