Expansion of the freelance specialist talent network through the acquisition of ワークスタイルラボ
First written in FY2019-Q2. 8 of 13 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2023-Q1.
No other company in this theme has enough history to compare yet.
- FY2023-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, we resolved to transfer all shares of our consolidated subsidiary Work Style Lab to LANCERS,INC. and entered into a share transfer agreement on the same date. The share transfer was completed on 14 June 2022.」
The focus changed from expanding the business following the acquisition of Work Style Lab to structural reform involving the transfer of all shares and its removal from the scope of consolidation. A gain on the sale of shares in an affiliated company of ¥33 million was recorded. - FY2022ReframedAnnual report
「We are undertaking structural reforms and intend to concentrate our management resources on business development.」
The focus changed from expanding the matching platform for freelance consultants to concentrating resources by transferring all shares of Work Style Lab and removing it from the scope of consolidation. - FY2022-Q3Revenue growth and widening lossesAnnual report
「The HR Innovation segment refers to 株式会社ワークスタイルラボ, which operates a matching platform for freelance consultants. Although its scale continued to trend upward from the previous consolidated fiscal year, investment for growth also continued. Revenue for the third quarter of the current consolidated year-to-date period was ¥973 million, compared with ¥775 million in the same period of the previous year, and the segment loss (operating loss) was ¥118 million, compared with a segment loss (operating loss) of ¥56 million in the same period of the previous year.」
Work Style Lab continued to invest for growth, and although revenue increased, the segment loss widened from ¥56 million to ¥118 million. - FY2022-Q2Revenue growth and widening lossesAnnual report
「Although revenue has been trending upward as a result of measures implemented in the previous consolidated fiscal year to strengthen the organizational structure, including the response to digital transformation, this was partly offset by the effects of the COVID-19 pandemic. Revenue for the second quarter of the current consolidated year-to-date period was ¥630 million, compared with ¥497 million in the same period of the previous year, and the segment loss (operating loss) was ¥65 million, compared with a segment loss (operating loss) of ¥45 million in the same period of the previous year.」
Revenue increased from ¥497 million to ¥630 million as a result of measures to strengthen the organizational structure, including digital transformation. However, partly due to the effects of the COVID-19 pandemic, the segment loss widened from ¥45 million to ¥65 million. - FY2022-Q1AdvancedAnnual report
「The HR Innovation segment refers to 株式会社ワークスタイルラボ, which operates a matching platform for freelance consultants. Although its scale continued to trend upward from the previous consolidated fiscal year, investment for growth also continued. Revenue for the first quarter of the current consolidated year-to-date period was ¥288 million, compared with ¥240 million in the same period of the previous year, and the segment loss (operating loss) was ¥27 million, compared with a segment loss (operating loss) of ¥34 million in the same period of the previous year.」
ワークスタイルラボ continued to invest for growth, with revenue increasing from ¥240 million to ¥288 million and the segment loss narrowing from ¥34 million to ¥27 million. - FY2021-Q3AdvancedAnnual report
「Although revenue expanded and losses have been trending downward as a result of measures implemented in the previous consolidated fiscal year to strengthen the organizational structure, including the response to digital transformation, this was partly offset by the effects of the COVID-19 pandemic. Revenue for the third quarter of the current consolidated year-to-date period was ¥775 million, compared with ¥633 million in the same period of the previous year, and the segment loss (operating loss) was ¥56 million, compared with a segment loss (operating loss) of ¥87 million in the same period of the previous year.」
Revenue increased from ¥633 million to ¥775 million as a result of measures to strengthen the organizational structure, including digital transformation, while the segment loss narrowed from ¥87 million to ¥56 million. - FY2021-Q2AdvancedAnnual report
「Although revenue has been trending upward as a result of measures implemented in the previous consolidated fiscal year to strengthen the organizational structure, including the response to digital transformation, this was partly offset by the effects of the COVID-19 pandemic. Revenue for the second quarter of the current consolidated year-to-date period was ¥497 million, compared with ¥382 million in the same period of the previous year, and the segment loss (operating loss) was ¥45 million, compared with a segment loss (operating loss) of ¥66 million in the same period of the previous year.」
Revenue increased from ¥382 million to ¥497 million as a result of measures to strengthen the organizational structure, including digital transformation, while the segment loss narrowed from ¥66 million to ¥45 million. - FY2021-Q1AdvancedAnnual report
「Although revenue has been trending upward as a result of measures implemented in the previous consolidated fiscal year to strengthen the sales structure, this was partly offset by the effects of the COVID-19 pandemic. Revenue for the first quarter of the current consolidated year-to-date period was ¥240 million, compared with ¥197 million in the same period of the previous year, and the segment loss (operating loss) was ¥34 million, compared with a segment loss (operating loss) of ¥30 million in the same period of the previous year.」
Revenue increased from ¥197 million to ¥240 million as a result of measures to strengthen the sales structure and other initiatives. However, partly due to the effects of the COVID-19 pandemic, the segment loss widened from ¥30 million to ¥34 million. - FY2020-Q3AdvancedAnnual report
「The Other segment includes 株式会社ワークスタイルラボ, which was made a wholly owned subsidiary in August 2018 and operates a matching platform for freelance consultants. 株式会社ワークスタイルラボ regards the current consolidated fiscal year as a phase of expansion and is making upfront investments associated with business expansion. As a result, revenue for the third quarter of the current consolidated year-to-date period was ¥633 million, compared with ¥228 million in the same period of the previous year, and the segment loss (operating loss) was ¥87 million, compared with a segment loss (operating loss) of ¥12 million in the same period of the previous year.」
ワークスタイルラボ continued upfront investment during its expansion phase. Revenue increased from ¥228 million in the same period of the previous year to ¥633 million, while the segment loss widened to ¥87 million. - FY2020-Q2AdvancedAnnual report
「The Other segment includes 株式会社ワークスタイルラボ, which was made a wholly owned subsidiary in August 2018 and operates a matching platform for freelance consultants. 株式会社ワークスタイルラボ regards the current consolidated fiscal year as a phase of expansion and is making upfront investments associated with business expansion. As a result, revenue for the second quarter of the current consolidated year-to-date period was ¥382 million, and the segment loss (operating loss) was ¥66 million.」
Upfront investment continued during ワークスタイルラボ’s expansion phase, with revenue increasing from ¥197 million in the first quarter to cumulative revenue of ¥382 million. The cumulative segment loss was ¥66 million. - FY2020-Q1AdvancedAnnual report
「The Other segment includes 株式会社ワークスタイルラボ, which was made a wholly owned subsidiary in August 2018 and operates a matching platform for freelance consultants. 株式会社ワークスタイルラボ regards the current consolidated fiscal year as a phase of expansion and is making upfront investments associated with business expansion. As a result, revenue for the first quarter of the current consolidated year-to-date period was ¥197 million, and the segment loss (operating loss) was ¥30 million.」
ワークスタイルラボ regards the current period as a phase of expansion and is making upfront investments associated with business expansion. First-quarter revenue was ¥197 million and the segment loss was ¥30 million. - FY2019-Q3AdvancedAnnual report
「The provisional accounting treatment for the business combination with 株式会社ワークスタイルラボ, conducted with 30 September 2018 as the deemed acquisition date, was finalized during the third quarter of the current consolidated fiscal year. No revision was made to the amount of goodwill.」
The provisional purchase accounting for the acquisition of ワークスタイルラボ was finalized in the third quarter. No revision was made to the amount of goodwill. - FY2019-Q2First statedAnnual report
「As the company newly acquired shares in 株式会社ワークスタイルラボ from the second quarter of the current consolidated fiscal year, the company has included it in the scope of consolidation. Main reason for the business combination: to expand and actively utilize the network of freelance professionals.」
As of 30 September 2018, the deemed acquisition date, the company acquired 100% of the voting rights of ワークスタイルラボ. The acquisition consideration was ¥540 million and goodwill was ¥355 million. The stated objective was to expand and actively utilize the network of freelance professionals.