Risk of earnings dependence on the gaming business
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 23 of 63 companies on the "Worse" side.
16 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「As part of this effort, on 29 March 2024, we transferred all shares of G2 Studios株式会社, which plans, develops and operates smartphone game applications.」
Regarding earnings dependence on the gaming business, the company removed that business from its portfolio by transferring all shares of G2 Studios. - FY2022RestatedAnnual report
「Our group has grown primarily through its core IT staffing business and has become highly dependent on it. To establish portfolio management as the growth strategy pursued by the company, we will work to make the x-Tech and Seed Tech businesses additional earnings pillars.」
The company recognizes its high dependence on the IT staffing business and indicates that it will make the x-Tech and Seed Tech businesses earnings pillars. - FY2021First statedAnnual report
「Our group has grown primarily through its core IT staffing business, while its earnings have become highly dependent on the gaming business.」
The company identifies its high earnings dependence on the gaming business, alongside its core IT staffing business, as a portfolio issue.