Declining margins in the welfare-sector personnel support business
First written in FY2022. 4 of 9 entries say "Mitigated", first in FY2023. Latest entry: 2026-11-11.
No other company in this theme has enough history to compare yet.
- 2026-11-11WorsenedEarnings presentation
「セグメント利益 69.4 百万円 前年同期比 △27.1%」
福祉人材支援事業は売上高が増加した一方、セグメント利益が前年同期比で減少している。 - FY2026MitigatedAnnual report
「In recruitment services, profitability and profit margins improved as fee revenue per transaction increased.」
For the welfare-sector human resources support business, the disclosure describes improved profitability and profit margins due to higher fee revenue per transaction, following the decline in margins caused by recruitment costs and personnel investment through the previous fiscal year. - FY2025Updated figures for revenue growth and profit declineAnnual report
「In the welfare personnel services business, revenue from nursery teacher placement services declined, but revenue from personnel dispatch services for school aides and others grew steadily, resulting in higher segment revenue. Meanwhile, personnel expenses increased due to proactive investment in human resources, as did recruitment costs to acquire new registrants. As a result, revenue was ¥480.646 million, up 10.9% year on year, and segment profit was ¥75.735 million, down 13.8%.」
The update reflects higher revenue but lower profit in the welfare-sector human resources support business, with full-year revenue of ¥480.646 million and segment profit of ¥75.735 million. - FY2025-H1Revenue growth from staffing, but profit decline due to higher recruitment costsAnnual report
「In welfare-sector human resources services, revenue from nurse staffing services declined, but revenue from staffing services for school aides and other personnel grew steadily, resulting in higher segment revenue. Meanwhile, recruitment costs to attract new registrants increased. As a result, revenue was ¥279.399 million, up 12.0% year on year, while segment profit was ¥70.606 million, down 16.0%.」
Revenue increased on growth in staffing services, while segment profit declined due to higher recruitment costs. - FY2024Profit decline due to higher recruitment costsAnnual report
「Meanwhile, recruitment costs to attract new registrants increased. As a result, revenue was ¥433.466 million, up 9.6% year on year, while segment profit was ¥87.873 million, down 6.3%.」
Revenue from welfare-sector staffing services increased, but segment profit declined due to higher recruitment costs to attract new registrants. - FY2023MitigatedAnnual report
「The profit margin improved for the lower-margin personnel services for nursing care because resources were shifted to other businesses following the withdrawal from that business.」
Regarding the factors behind the previous decline in margins in the welfare-sector personnel support business, the company states that margins improved after withdrawing from nursing-care services and shifting resources to other businesses. - FY2022First statedAnnual report
「In childcare services, revenue from personnel dispatch services grew steadily and contributed to revenue for the period, but revenue from the higher-margin personnel placement services declined, reducing the profit margin.」
The company explains the change in profitability as resulting from increased revenue from childcare personnel dispatch services and decreased revenue from higher-margin placement services.