Overseas Expansion of Domestic Services into Germany and Dubai
First written in FY2023. 2 of 5 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Softened".
- FY2024SoftenedAnnual report
「Revenue in the Other Businesses declined slightly because of a decrease in the number of active Zaitaku Haken clients. In the overseas business, global inflation and higher wages made recruitment difficult and prevented expansion from progressing as planned, resulting in continued spending and the decision to close the Dubai and Germany branches.」
Overseas operations have shifted from an expansion policy to a contraction policy involving closure of the Dubai and Germany branches. - FY2024-Q3SoftenedAnnual report
「In the overseas business, global inflation and higher wages made recruitment difficult and prevented expansion from progressing as planned, resulting in continued spending and the decision to close the Dubai branch and consider restructuring services in Germany.」
The overseas expansion policy has retreated after growth fell short of expectations, leading to the decision to close the Dubai branch and consideration of restructuring the German business. - FY2024-Q2RestatedAnnual report
「In response to the fact that labor shortages are not limited to Japan but are occurring worldwide, we have also begun expanding our existing businesses overseas.」
Reiterates overseas expansion of existing businesses as an ongoing initiative, without identifying a new country or region. - FY2024-Q1RestatedAnnual report
「In response to the fact that labor shortages are not limited to Japan but are occurring worldwide, we have also begun expanding our existing businesses overseas.」
Reiterates overseas expansion of existing businesses as an ongoing policy, without identifying a new country or region. - FY2023First statedAnnual report
「We began providing services in the Federal Republic of Germany in September 2022 and subsequently started providing services in the Emirate of Dubai, United Arab Emirates, in December 2022.」
Records the launch of overseas versions of domestic services first in Germany and then in Dubai.