Dependence of Manufacturing-Related Staffing Services on Fluctuations in Business Conditions in Client Industries
First written in FY2025. 3 of 6 entries say "Materialised", first in FY2026-H1. Latest entry: 2026-08-06.
Nisso Holdings moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 13 of 20 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Revenue from Automotive for the consolidated fiscal year under review was ¥40,361 million, down 2.3% from the previous fiscal year. Although demand related to automobiles was on a gradual recovery trend, operations declined toward the end of the fiscal year due to the impact of conditions in the Middle East.」
The dependence on fluctuations in business conditions in customer industries has materialized, with operations in the automotive sector declining due to the impact of conditions in the Middle East and annual revenue falling. - 2026-05-13MaterialisedEarnings presentation materials
「Although Automotive had been on a recovery trend as it emerged from the impact of tariffs, operating levels deteriorated in the final phase of the fourth quarter due to the situation in the Middle East.」
The disclosure states that operating levels in the automotive field actually deteriorated due to the situation in the Middle East, reflecting the dependence of manufacturing human resources services and customer industries on economic conditions. - FY2026-H1MaterialisedAnnual report
「In Automotive, revenue for the interim consolidated accounting period was ¥19,915 million, down 2.4% year on year, as demand for human resources from major manufacturers weakened due to the impact of US tariffs.」
The risk of dependence on manufacturing-related human resources services and fluctuations in business conditions in customer industries has materialized, with demand for human resources from major manufacturers declining due to US tariffs and revenue from the automotive sector falling. - FY2025First statedAnnual report
「Revenue from comprehensive human resources services accounted for 97.0% of consolidated revenue in the consolidated fiscal year under review.」
The company describes the concentration of revenue in comprehensive human resources services, particularly manufacturing-related human resources services for the automotive and electronic device industries, and the risk of performance being affected by business conditions and production fluctuations in customer industries.