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Mental Health Technologies (9218) · RiskWorsened

Financial Results Volatility from the Physician Labor Market and Seasonality

First written in FY2021. 1 of 4 entries say "Restated". Latest entry: FY2025.

4entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021 – FY2023MaterialisedFY2024-H1 – FY20252022: 120222023: 020232024: 220242025: 020252026: 12026
Same theme, other companies
First-Quarter Revenue Concentration Driven by Physician Start Dates in Physician PlacementA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

Mental Health Technologies moved to the "Worse" side of this theme in 2024.

0 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025WorsenedAnnual report

    「In the other businesses, the medical career support business focused on collaboration with the occupational health business while expansion of the physician job-change market appeared difficult because of changes in the market environment.」

    The company shifted from seeking recovery and expansion in the physician job-change market to recognizing that market expansion would be difficult and prioritizing collaboration with the occupational health business.
  2. FY2024-H1MaterialisedAnnual report

    「The liquidity of the physician job-change market declined more than expected after the physician work-style reforms began in April 2024, which also led to lower revenue.」

    The physician work-style reforms resulted in an actual decline in market liquidity and lower revenue in the medical career support business.
  3. FY2023RestatedAnnual report

    「The performance of the medical career support business tends to be weighted toward profit in the first half because of these seasonal factors.」

    The company continued disclosing seasonality arising from the physician labor market and hiring cycles and plans to reduce fluctuations by promoting part-time physician placements.
  4. FY2021First statedAnnual report

    「The performance of the medical career support business tends to be weighted toward profit in the first half because of these seasonal factors.」

    Revenue and profit are concentrated in the first half, particularly around April, depending on the physician labor market, competition and medical institutions’ hiring cycles. The company plans to reduce fluctuations by promoting placements of part-time physicians and accepting vaccination-related orders.
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"Business and Earnings Impact of the Spread of COVID-19" moved the same way as this thread, in the same document, in 2 of its 4 moves.

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Financial Results Volatility from the Physician Labor Market and Seasonality | Mental Health Technologies Co.,Ltd. (9218) | Komori