Decline in job openings and education spending due to economic stagnation and recession
First written in FY2022. 3 of 4 entries say "Restated". Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1RestatedAnnual report
「During the interim accounting period, Japan's economy remained on a gradual recovery trend, supported by improvements in employment and income conditions, but the outlook remained uncertain amid unstable international conditions, the weakening yen and high prices.」
The disclosure continues to describe a gradual economic recovery trend and the risk of an economic downturn due to international conditions, the weakening yen and high prices. - FY2024RestatedAnnual report
「If the prolonged situation in Ukraine, rising prices and other factors spread across the economy and become causes of a recession, they may affect the Company's operating results and financial position.」
The risks of recession, fewer job openings and restrained education spending remain in place. - FY2023RestatedAnnual report
「If the prolonged situation in Ukraine, rising prices and other factors spread across the economy and become causes of a recession, they may affect the Company's operating results and financial position.」
The risks of fewer job openings and restrained education spending due to economic stagnation and recession remain in place. - FY2022First statedAnnual report
「If the economy stagnates in the future and companies curb hiring, the effective job-offers-to-applicants ratio may decline as the number of job openings decreases.」
The impact of economic stagnation and recession on demand for human resources and education spending by private tutoring schools is identified as a risk.