APAC cross-border expansion through the acquisition of an Australian IT talent services business
First written in FY2023-Q3. 4 of 14 entries say "Advanced", first in FY2023. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, the company improved its profit margin by reviewing its management structure, reducing costs through an office relocation and other measures, and focusing sales efforts on high-margin projects, achieving a return to profitability. As a result, revenue in this business was ¥9,243.878 million, down 1.8% year on year, and the segment profit was ¥33.866 million, compared with a segment loss of ¥155.854 million in the previous fiscal year.」
The Australian IT talent business reviewed its management structure, reduced costs and focused sales efforts on high-margin projects, turning a segment loss into a profit of ¥33.866 million. - FY2026-H1AdvancedAnnual report
「On 29 August 2025, we acquired additional shares and made the company a wholly owned subsidiary.」
For Launch Group Holdings in Australia, the company acquired an additional 30% on top of its existing interest and made it a wholly owned subsidiary. In the overseas IT talent business, the company reviewed its management structure, reduced fixed costs and refocused sales efforts on high-margin segments, turning a segment loss into a profit of ¥21.256 million. - FY2025WorsenedAnnual report
「During the consolidated fiscal year, the company focused on reviewing its management and operating structures and hiring career consultants with extensive experience in the staffing industry. As a result, revenue in this business for the consolidated fiscal year was ¥9,414.655 million, up 31.4% year on year, and the segment loss was ¥155.854 million, compared with a segment loss of ¥135.083 million in the previous fiscal year.」
Revenue in the Australian business increased 31.4%, while the segment loss widened from ¥135.083 million to ¥155.854 million. The company is reviewing its management and operating structures and advancing recruitment. - FY2025-H1WorsenedAnnual report
「The overseas IT talent business includes the results of Launch Group Holdings Pty Ltd, which operates a talent-related business in Australia specializing in IT talent using casual employees and freelancers. It mainly operates staffing and MSP businesses, which provide comprehensive talent management solutions, in Sydney and Melbourne. During the consolidated fiscal year, the company focused on reviewing its operating structure and hiring career consultants. As a result, revenue in this business for the interim consolidated accounting period was ¥4,555.929 million, up 23.0% year on year, and the segment loss was ¥94.494 million, compared with a segment loss of ¥26.841 million in the same period of the previous year.」
The Australian business focused on reviewing its operating structure and hiring career consultants, but while revenue increased 23.0%, the segment loss widened to ¥94.494 million. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, the company focused on winning new contracts for its MSP business, which provides comprehensive talent management solutions, but orders were received later than expected, resulting in performance falling substantially below the plan at the time of acquisition.」
Following the Australian acquisition, new contracts for the MSP business were secured more slowly than expected, and performance fell substantially below the plan at the time of acquisition. - FY2024-Q3RestatedAnnual report
「In the overseas IT talent business, the income statement of Launch Group Holdings Pty Ltd, which operates an IT talent services business in Australia and became a consolidated subsidiary on 16 January 2023 (deemed acquisition date: 1 January 2023), was included in the consolidated results from the first-quarter consolidated accounting period. During the consolidated fiscal year, the company focused on winning new contracts for its MSP (Managed Services Providers) business, which provides comprehensive talent management solutions. As a result, revenue in this business for the third-quarter cumulative period was ¥5,455.940 million, and the segment loss was ¥81.086 million.」
The overseas IT talent business continued to consolidate Launch Group Holdings in Australia and focused on winning new MSP contracts. Revenue for the first 3 quarters was ¥5,455.940 million, and the segment loss was ¥81.086 million. - FY2024-Q2RestatedAnnual report
「In the overseas IT talent business, the income statement of Launch Group Holdings Pty Ltd, which operates an IT talent services business in Australia and became a consolidated subsidiary on 16 January 2023 (deemed acquisition date: 1 January 2023), was included in the consolidated results from the first-quarter consolidated accounting period. As a result, revenue in this business for the second-quarter cumulative period was ¥3,704.561 million, and the segment loss was ¥26.841 million.」
The overseas IT talent business continued to consolidate the results of Launch Group Holdings in Australia and disclosed first-half revenue and the segment loss. - FY2024-Q1AdvancedAnnual report
「In the overseas IT talent business, the income statement of Launch Group Holdings Pty Ltd, which operates an IT talent services business in Australia and became a consolidated subsidiary on 16 January 2023 (deemed acquisition date: 1 January 2023), was included in the consolidated results from the first quarter. As a result, revenue in this business for the first-quarter cumulative period was ¥1,840.012 million, and the segment loss was ¥21.735 million.」
Launch Group Holdings' results in Australia were consolidated into quarterly results for the first time, generating revenue of ¥1,840.012 million and a segment loss of ¥21.735 million in the overseas IT talent business. - FY2023AdvancedAnnual report
「On 16 January 2023, Launch Group Holdings Pty Ltd, which operates an IT talent services business in Australia, and its subsidiary Launch Recruitment Pty Ltd became consolidated subsidiaries of the Group. Through this share acquisition, the Group became able to provide cross-border matching and IT talent development services within APAC (Asia-Pacific), and believes it can pursue accelerated business expansion.」
The acquisition of 70% of Launch Group Holdings and its inclusion as a consolidated subsidiary were completed, establishing a structure capable of providing cross-border matching and IT talent development within APAC. - FY2023-Q3First statedAnnual report
「Through this share acquisition, the Group became able to provide cross-border matching and IT talent development services within APAC (Asia-Pacific), and believes it can pursue accelerated business expansion. We decided to acquire these shares after determining that the transaction was an M&A deal aligned with the Group's strategy of expanding and evolving its technology resource-sharing agency centered on the IT talent field and would contribute to enhancing corporate value.」
The company acquired 70.0% of Launch Group Holdings Pty Ltd and its subsidiaries in Australia and made them consolidated subsidiaries on 16 January 2023. The acquisition for the first time gave concrete form to the policy of enabling cross-border matching and IT talent development within APAC and promoting the globalization of the technology resource-sharing business.