Impact of an Economic Downturn on Demand and Performance in the Staffing Business
First written in FY2017. 4 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 14 of 21 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As measures to address the risk of infectious disease outbreaks, our Group has established measures to ensure the safety of employees and client companies and prevent the spread of infection, as well as a BCP (business continuity plan), and is working to build a framework that allows operations to continue after implementing effective infection-control measures.」
The Group continues to disclose the risk of an impact on performance from economic and employment conditions and infectious diseases, together with responses involving safety measures, infection prevention and a BCP. - FY2025MitigatedAnnual report
「As measures to address the risk of infectious disease outbreaks, our Group has established measures to ensure the safety of employees and client companies and prevent the spread of infection, as well as a BCP (business continuity plan), and is working to build a framework that allows operations to continue after implementing effective infection-control measures.」
Safety measures, infection-prevention measures and a BCP were specifically identified as responses to economic, employment and infectious-disease risks. - FY2023RestatedAnnual report
「Our Group's businesses are readily affected by economic trends, employment conditions and other factors. If the economic environment changes beyond our Group's assumptions, this is considered a risk that could affect our Group's performance.」
The risk of an impact on performance from economic trends and employment conditions continues to be identified as a particularly important risk. - FY2023-Q1RestatedAnnual report
「In Japan, corporate hiring demand continued to recover, resulting in higher revenue, led by domestic job-posting sites.」
The company continues to explain that corporate hiring demand is on a recovery trend, resulting in higher revenue, mainly at its domestic job site. - FY2022-Q3MitigatedAnnual report
「In Japan, in addition to the high-level talent for which recruitment demand had already begun to recover, recruitment demand for people without experience in the relevant industries or occupations also began to expand following the lifting of the state of emergency. As a result, revenue increased, mainly from domestic job sites.」
Following the lifting of the state of emergency, hiring demand recovered and expanded from the impact of lower hiring demand caused by COVID-19 and other factors, leading to higher revenue at the domestic job site. - FY2022-Q2MitigatedAnnual report
「Revenue increased as the recovery in hiring demand continued.」
Against the impact on performance from the decline in hiring demand that had continued from the previous fiscal year, the recovery in hiring demand continued, and consolidated revenue increased 21.3% year on year. - FY2022-Q1MitigatedAnnual report
「Revenue increased as corporate hiring demand recovered.」
Whereas the previous filing described the impact of declining hiring demand, this filing states that corporate hiring demand recovered and revenue turned upward. - FY2021-Q3Continued impact on the economy and recruitment demand, but quarterly improvementAnnual report
「Compared with the situation after the state of emergency was declared in April last year, customer companies have begun to establish clearer business performance and outlooks, prompting recruitment activity for the following fiscal year and beyond. Quarterly revenue continued to improve from its trough in the first quarter of the current fiscal year.」
Although the impact of lower hiring demand caused by COVID-19 remains reflected in cumulative results, the performance and business outlook of client companies have begun to take shape, and hiring activity for the following fiscal year onward and an improvement in quarterly revenue were reported. - FY2021-Q2MaterialisedAnnual report
「Customer recruitment demand bottomed in May and began to recover after June, when the state of emergency was lifted. However, as COVID-19 infections began spreading again from July and the outlook for the domestic economy remained uncertain, customer companies remained cautious about recruitment, and recovery has been limited to a gradual pace.」
The report states that the impact of deteriorating economic and employment conditions on demand has continued, with recruitment demand recovering only gradually. - FY2021-Q1MaterialisedAnnual report
「Revenue declined mainly because customer companies reduced or suspended recruitment in response to the spread of COVID-19.」
The risk that deterioration in economic and employment conditions would affect performance materialised as lower revenue due to reduced recruitment demand and recruitment suspensions by customer companies. - FY2020WorsenedAnnual report
「In particular, we believe that the spread of COVID-19 will bring about significant changes in the economic environment in Japan and overseas.」
In addition to the existing risks related to economic and employment conditions, the company explicitly identified major changes in the economic environment and their impact on performance due to the spread of COVID-19. - FY2020-Q3MaterialisedAnnual report
「In the core personnel placement business, demand from some customers, mainly manufacturers, declined due to economic conditions, and performance in the third quarter of the current fiscal year was below the initial assumptions.」
The risk that deterioration in economic and employment conditions would affect performance materialised in the form of lower demand from some customers, mainly manufacturers. - FY2018RestatedAnnual report
「Although the group's businesses are susceptible to economic trends and employment conditions, we believe that recruitment and job-seeking services will retain a certain level of demand even if these conditions deteriorate. However, changes in the economic environment beyond the group's assumptions could affect business performance.」
While recognising sensitivity to economic and employment conditions, the company identifies economic changes beyond its assumptions as a business-performance risk. - FY2017First statedAnnual report
「As this business is highly exposed to economic fluctuations, we recognise responding to economic downturns as a particularly important challenge.」
The company explicitly identifies the business's sensitivity to economic fluctuations and the challenge of responding during economic downturns.