Human Resources Risk Associated with the New Graduate Hiring and Long-Term Development Model
First written in FY2016. 27 of 29 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 28 of 104 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Because our real estate-backed loan business requires specialized knowledge of finance and real estate, we focus on developing our recruited personnel through such measures as tiered training according to career level and regular seminars led by external instructors. However, if recruited personnel are unable to become sufficiently effective, if we are unable to recruit highly capable personnel, or if personnel leave for outside organizations, this may affect our financial condition and results of operations.」
While advancing personnel development through training and external seminars, we continue to describe the risks associated with recruitment, developing personnel into effective employees and employee departures. - FY2024RestatedAnnual report
「Because our real estate-backed loan business requires specialized knowledge of finance and real estate, we focus on developing our recruited personnel through such measures as tiered training according to career level and regular seminars led by external instructors. However, if recruited personnel are unable to become sufficiently effective, if we are unable to recruit highly capable personnel, or if personnel leave for outside organizations, this may affect our financial condition and results of operations.」
While advancing personnel development through training and external seminars, we continue to describe the risks associated with recruitment, developing personnel into effective employees and employee departures. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2022RestatedAnnual report
「Because our real estate-backed loan business requires specialized knowledge of finance and real estate, we focus on developing our recruited personnel through such measures as tiered training according to career level and regular seminars led by external instructors. However, if recruited personnel are unable to become sufficiently effective, if we are unable to recruit highly capable personnel, or if personnel leave for outside organizations, this may affect our financial condition and results of operations.」
While advancing personnel development through tiered training and seminars led by external instructors, we continue to describe the risks associated with recruitment, developing personnel into effective employees and employee departures. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2022-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with recruitment, development and employee departures. - FY2021SoftenedAnnual report
「Because our real estate-backed loan business requires specialized knowledge of finance and real estate, we focus on developing our recruited personnel through such measures as tiered training according to career level and regular seminars led by external instructors. However, if recruited personnel are unable to become sufficiently effective, if we are unable to recruit highly capable personnel, or if personnel leave for outside organizations, this may affect our financial condition and results of operations.」
This is described not as a risk specific to the traditional new-graduate recruitment and 3-year development model, but as a general risk of securing personnel through recruitment, development and employee departures. - FY2021-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2019RestatedAnnual report
「As a general rule, we recruit only new graduates and seek to develop them over 3 years after joining the company into fully effective sales personnel with specialized knowledge of finance and real estate.」
We have reconfirmed the risk of securing and developing personnel into effective employees under a policy of recruiting new graduates in principle and assuming 3 years of development. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no material changes regarding the risk of securing personnel associated with the new-graduate recruitment and long-term development model. - FY2016First statedAnnual report
「As a rule, we hire only new graduates and develop them over 3 years into fully trained sales employees capable of applying specialized knowledge of finance and real estate. Accordingly, even if employees leave, we do not plan to fill the vacancies through mid-career hiring,」
The disclosure states that, because the company relies on hiring new graduates and 3 years of training, employee turnover and the success or failure of developing employees into fully productive staff could affect business performance.