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Visional (4194) · RiskWorsened

Increase in churn rate due to hiring restraint by recruiting companies

First written in FY2021-Q3. 10 of 21 entries say "Mitigated", first in FY2021. Latest entry: FY2026.

21entries
6years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2021 – FY2023WorsenedFY2024-Q1 – FY2024-Q32021: 220212022: 420222023: 420232024: 220242025: 220252026: 72026
Same theme, other companies
Increase in customer churn due to recruitment restraint by companies with job vacanciesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「The 12-month average churn rate (Note 10) was 0.48%.」

    The churn rate rose from 0.45% in the previous interim period to 0.48%, representing a slight deterioration from the recent downward trend. It nevertheless remained below the 0.58% recorded at the end of the previous fiscal year.
  2. FY2026-H1MitigatedAnnual report

    「The 12-month average churn rate (Note 10) was 0.45%.」

    The 12-month average churn rate fell from 0.58% at the end of the previous fiscal year and 0.56% in the year-earlier period to 0.45%, easing from the recent upward trend.
  3. FY2025WorsenedAnnual report

    「The 12-month average churn rate (Note 9) was 0.58%.」

    Although the 12-month average churn rate remained below the 0.60% recorded at the end of the previous fiscal year, it rose from 0.56% in the previous interim period to 0.58%, representing a slight recent deterioration.
  4. FY2025-H1MitigatedAnnual report

    「The 12-month average churn rate (Note 8) was 0.56%.」

    The 12-month average churn rate fell from 0.57% in the year-earlier period to 0.56%, representing a slight easing from the recent upward trend.
  5. FY2024-Q3WorsenedAnnual report

    「The 12-month average churn rate (Note 8) was 0.60%.」

    The 12-month average churn rate rose from 0.57% in the previous quarter and 0.49% at the end of the previous fiscal year to 0.60%, representing a further slight deterioration from the downward trend through the previous period. This disclosure does not explicitly state a causal relationship with hiring restraint.
  6. FY2024-Q2WorsenedAnnual report

    「The 12-month average churn rate (Note 8) was 0.57%.」

    The 12-month average churn rate rose from 0.49% at the end of the previous fiscal year and 0.56% in the previous quarter to 0.57%, representing a slight deterioration from the downward trend through the previous period.
  7. FY2024-Q1WorsenedAnnual report

    「For the combined KPIs of HRMOS Recruiting and HRMOS Talent Management, ARR (Note 5) was ¥2,273 million, up 28.8% from the end of the same period of the previous year; the number of companies using the service (Note 6) was 1,631, up 27.4%; ARPU (Note 7) was ¥116,155, up 1.1%; and the 12-month average churn rate (Note 8) was 0.56%.」

    The 12-month average churn rate rose from 0.49% at the end of the previous fiscal year and 0.52% in the year-earlier period to 0.56%, representing a slight deterioration from the previous downward trend.
  8. FY2023MitigatedAnnual report

    「The 12-month average churn rate (Note 9) was 0.49%.」

    The 12-month average churn rate fell from 0.60% at the end of the previous fiscal year to 0.49%, further mitigating the risk of a higher churn rate.
  9. FY2023-Q3MitigatedAnnual report

    「The 12-month average churn rate (Note 8) was 0.50%.」

    The 12-month average churn rate rose slightly from 0.48% in the previous quarter to 0.50%, but remained below 0.60% at the end of the previous fiscal year and the year-earlier level, with the previous risk of a higher churn rate continuing to be largely mitigated.
  10. FY2023-Q2MitigatedAnnual report

    「The 12-month average churn rate (Note 8) was 0.48%.」

    The 12-month average churn rate fell from 0.52% in the previous quarter to 0.48%, further mitigating the risk of a higher churn rate.
  11. FY2023-Q1MitigatedAnnual report

    「The 12-month average churn rate (Note 8) was 0.52%.」

    The 12-month average churn rate fell from 0.60% at the end of the previous fiscal year to 0.52%, further mitigating the risk of a higher churn rate.
  12. FY2022MitigatedAnnual report

    「The 12-month average churn rate (Note 9) was 0.60%.」

    The 12-month average churn rate fell from 1.23% at the end of the previous fiscal year to 0.60%, further mitigating the risk of a higher churn rate.
  13. FY2022-Q3MitigatedAnnual report

    「The 12-month average churn rate (Note 8) was 0.66%.」

    The 12-month average churn rate declined from 0.79% in the previous quarter to 0.66%, further mitigating the risk of an increase in the churn rate. No new statement indicates that the risk of an increase in the churn rate itself has materialized.
  14. FY2022-Q2MitigatedAnnual report

    「The 12-month average churn rate (Note 8) was 0.79%.」

    The 12-month average churn rate declined from 0.96% in the previous quarter to 0.79%, further mitigating the risk of an increase in the churn rate. This filing does not explicitly state a causal relationship with COVID-19 or hiring restraint.
  15. FY2021MitigatedAnnual report

    「The 12-month average churn rate (Note 9) increased from 1.15% at the end of the same period of the previous year to 1.23%, affected by hiring restrictions at recruiting companies due mainly to the impact of COVID-19.」

    Although the rate remained high year on year, it declined from 1.40% in the previous filing to 1.23% at the end of the current period, indicating that the recent deterioration in the churn rate has paused.
  16. FY2021-Q3WorsenedAnnual report

    「The 12-month average churn rate increased from 1.01% at the end of the previous corresponding period to 1.40%, reflecting the impact of hiring restraint by recruiting companies and other factors resulting from the COVID-19 pandemic.」

    The 12-month average churn rate increased from 1.01% to 1.40%, while the monthly churn rate from February to April 2021 remained below the 12-month average.
Moved together

"Recovery in the BizReach business and expansion of the network" moved the same way as this thread, in the same document, in 13 of its 21 moves.

13138755★123456
  1. ★This thread
  2. 1Recovery in the BizReach business and expansion of the network13×
  3. 2Expansion of HRMOS ARR, customer count and ARPU13×
  4. 3Expansion of HRMOS features and rollout in the recruitment management market8×
  5. 4Impact of COVID-19 on the economy and hiring environment7×
  6. 5Building an HCM ecosystem through HRMOS and BizReach5×
  7. 6Delay in the new business reaching profitability and recovering its investment5×

★ 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 Visional yet. It last moved in the Earnings presentation of 2026-09-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Increase in churn rate due to hiring restraint by recruiting companies | Visional,Inc. (4194) | Komori