Concentration of management resources on the telecommunications business through the transfer of the human resources-related business
First written in FY2021-Q2. 1 of 2 entries say "Achieved", first in FY2021-Q3. Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3AchievedAnnual report
「To address this environment, we operated mainly in personnel placement for nursing-care operators, where recruitment demand was relatively strong. However, as a challenging business environment was expected to continue, the personnel-related business was transferred to Global Trust Networks Co., Ltd. effective 1 January 2021.」
The personnel-related business was transferred to GTN effective 1 January 2021, completing the business reorganization aimed at concentrating management resources on the telecommunications business. - FY2021-Q2First statedAnnual report
「To concentrate the Group's management resources on its core telecommunications business, we decided to transfer this business to GTN, which operates a rental housing guarantee business specializing in foreign nationals and a job placement business. 5. Transfer date: 1 January 2021 (scheduled)」
Against a backdrop of segment operating losses in the business related to Philippine residents continuing for 2 fiscal periods and the personnel-related business being hit by COVID-19, the personnel placement and temporary staffing business was transferred to GTN effective 1 January 2021, and the policy of concentrating management resources on the core telecommunications business was stated explicitly for the first time.