Decline in Hiring Demand and Placement Fee Revenue Due to Economic Fluctuations
First written in FY2020. 2 of 4 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2020: 12 of 20 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Although the current measures have been effective and the company has been able to secure a certain number of companies with job openings,」
The company continues to state that it has been able to secure a certain number of companies with job openings through measures including sales management, sharing sales expertise across the organization, marketing, inside sales and online sales meetings. - FY2024MitigatedAnnual report
「Although the current measures have been effective and the company has been able to secure a certain number of companies with job openings, if a situation such as the COVID-19 pandemic recurs or economic fluctuations cause the labor market to become favorable to employers, it could become difficult to secure companies with job openings,」
The company states that it has been able to secure a certain number of companies with job openings through measures including stronger sales management, sharing sales expertise across the organization, mid-career recruitment, marketing, inside sales and online sales meetings. - FY2022RestatedAnnual report
「If the labor market becomes favorable to employers because of the future impact of COVID-19 or fluctuations in economic conditions, it could become difficult to secure companies with job openings,」
The company continues to disclose the risk that a shift to an employer-friendly labor market could reduce the number of companies with job openings secured and placement-fee revenue. - FY2020First statedAnnual report
「If future economic fluctuations cause the labor market to become favorable to employers, it could become difficult to secure companies with job openings. As a result, revenue from employment placement fees paid by those companies could decline, affecting the Group's operating results and financial position.」
The company describes the risk of difficulty securing companies with job openings and lower placement-fee revenue if the labor market changes from favorable to job seekers to favorable to employers.