Intensifying Competition in the Staffing Services Market
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
Will Group moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2020: 4 of 8 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「As the shift to online services delivered via the internet has progressed, existing barriers to entry arising from personal sales capabilities and logistics networks have declined, making it relatively easy for users to switch services.」
In addition to the existing risk of intensifying competition, the decline in barriers to entry and the increased ease with which users can switch services due to the shift online have been explicitly identified as competitive risks. - FY2021RestatedAnnual report
「The company seeks to differentiate itself from competitors by responding accurately and promptly to customers and achieving high customer satisfaction. However, if competition intensifies further, this may affect the Group's operating results.」
The risk of intensifying competition in the human resources services market and the differentiation strategy based on customer satisfaction continue to be described. - FY2018RestatedAnnual report
「Because the human resources services field in which the Group operates is relatively easy to enter with a small amount of capital, many competitors exist and competition is expected to intensify further.」
The intensifying competition and potential for price competition in the human resources services market continue to be described. - FY2017RestatedAnnual report
「Because the human resources services field is relatively easy to enter with a small amount of capital, many competitors exist and competition is expected to intensify further.」
The intensifying competition and potential for price competition in the human resources services market continue to be described. - FY2016First statedAnnual report
「Because the human resources services field is relatively easy to enter with a small amount of capital, many competitors exist and competition is expected to intensify further.」
The company identifies the impact of competitors' actions, including price competition, as a risk to operating results and explains its strategy of differentiation through customer satisfaction.