Entry into Employment Support for People with Disabilities and Synergies with the Education Business
First written in FY2025-H1. 1 of 3 entries say "Worsened", first in FY2025. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「The welfare-services business, including employment support, began operating in the previous fiscal year, centered on JADEX Welfare Services Co., Ltd. and its subsidiaries, Zukuri Co., Ltd., Kyotake Co., Ltd. and Ohana Works Co., Ltd. The number of facility users is stable, and the foundation of an earnings structure is beginning to take shape.」
The welfare-services business is centered on the JADEX Welfare Services group, including Ohana Works. Facility-user numbers are stable and the foundation of an earnings structure is beginning to form. - FY2025WorsenedAnnual report
「As a result, sales were ¥34 million and segment loss, or operating loss, was ¥7 million. In this business, we will develop the service-delivery structure by strengthening regional cooperation and expanding the number of facilities while reflecting user needs.」
The welfare-services business, including MAG Partners, which became a wholly owned subsidiary in October 2024, generated sales of ¥34 million and segment loss of ¥7 million. Goodwill of ¥427.209 million was impaired because performance deviated from the business plan at acquisition. - FY2025-H1First statedAnnual report
「Through MAG Partners, we operate facilities supporting employment for people with disabilities, focusing on the two welfare services under the Act on Comprehensive Support for Persons with Disabilities: employment continuation support and employment transition support. We aim to achieve sustainable growth by leveraging synergies with the group’s education-related business, including its expertise in career support and individualized instruction.」
The company entered into a share-exchange agreement on 24 September 2024 and made MAG Partners Co., Ltd. a wholly owned subsidiary effective 17 October 2024. It entered the employment-support business, focusing on employment continuation and transition support, and identified synergies with the education business’s career-support and individualized-instruction expertise.