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M・H・GROUP LTD. (9439) · InitiativeLower revenue but higher profit through cost reductions

Making the Acquisition of オンリー・ワン a New Pillar of the Growth Strategy for the Career Design Business

First written in FY2021-Q1. 11 of 20 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.

20entries
7years
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ProgressHeldSoftenedWorseAdvancedFY2021-Q2 – FY2023OtherFY2024-Q1 – FY20262020: 12021: 420212022: 420222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Making Career Design a Growth Pillar Through the Acquisition of オンリー・ワンA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026Lower revenue but higher profit through cost reductionsAnnual report

    「During the current consolidated fiscal year, the number of staff assignments declined year on year due to labour shortages, but together with the effects of cost reductions, this resulted in revenue of ¥253.763 million, down 8.6%, and segment profit of ¥14.224 million, up 7.6%.」

    Labour shortages reduced staffing assignments and revenue, but cost reductions increased segment profit by 7.6%.
  2. 2026-05-14RestatedEarnings

    「During the nine-month period, staff dispatch volumes declined year on year because of a labor shortage, resulting in revenue of ¥190.066 million, down 10.9% year on year, and segment profit of ¥10.449 million, down 7.3%.」

    The Company again reported lower revenue and profit in the career design business due to fewer staff dispatches caused by labor shortages.
  3. FY2026-H1Fewer staffing assignments and lower revenue and profit due to labour shortagesAnnual report

    「In the career design business, the Company steadily increased the volume of assignments by focusing not only on staffing sales personnel, its core staffing business, but also on concierge staffing services, mainly for high-rise condominiums. During the current interim consolidated accounting period, however, the number of staff assignments declined year on year due to labour shortages, resulting in revenue of ¥127.848 million, down 13.0%, and segment profit of ¥6.705 million, down 20.6%.」

    While continuing its policy of expanding sales channels such as concierge staffing, the Company saw a decline in staffing assignments due to labour shortages, resulting in lower revenue and profit for the interim period.
  4. FY2025RestatedAnnual report

    「The expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume.」

    Although the career design business continued to expand its sales channels and increase the volume of condominium concierge staffing services, full-year revenue and profit declined due to lower staffing utilisation.
  5. FY2025-H1Lower revenue and profit due to a decline in staffing utilisationAnnual report

    「During the current interim consolidated accounting period, staffing utilisation temporarily declined, resulting in revenue of ¥146.979 million, down 1.8% year on year, and segment profit of ¥8.445 million, down 6.3%.」

    In the career design business, a temporary decline in staffing utilisation contributed to lower revenue and profit.
  6. FY2024-Q3Growth in staffing offset by a decline in recruitment, resulting in lower profitAnnual report

    「Although the staffing business continued to grow, revenue from the higher-margin recruitment business declined year on year. Revenue was therefore ¥222.501 million, up 9.2%, while segment profit was ¥13.359 million, down 9.7%.」

    In the career design business, growth in the staffing business resulted in higher revenue, while profit declined due to lower revenue from the higher-margin recruitment business.
  7. FY2024-Q2RestatedAnnual report

    「During the second quarter of the current consolidated cumulative period, the expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume.」

    Although the expansion of sales channels and the increased volume of concierge staffing services, mainly for high-rise condominiums, continued, revenue increased while profit declined due to lower revenue from the higher-margin recruitment business.
  8. FY2024-Q1Growth in staffing offset by a decline in recruitment, resulting in lower profitAnnual report

    「During the first quarter of the current consolidated cumulative period, the expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume.」

    Although the expansion of sales channels and the increased volume of concierge staffing and other services continued, revenue increased 11.2%, while segment profit declined 38.6% due to lower revenue from the higher-margin recruitment business.
  9. FY2023AdvancedAnnual report

    「During the current consolidated fiscal year, the expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume.」

    The career design business continued to expand its sales channels and increase the volume of concierge staffing services, recording revenue of ¥274.856 million and segment profit of ¥17.802 million.
  10. FY2023-Q3AdvancedAnnual report

    「During the third quarter of the current consolidated cumulative period, the expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume. Revenue for the third quarter of the current consolidated cumulative period was ¥203.689 million, up 22.2% year on year, and segment profit was ¥14.796 million, up 259.5%.」

    In the career design business, the expansion of sales channels and the increased volume of concierge staffing and other services continued, with revenue up 22.2% and segment profit up 259.5%.
  11. FY2023-Q2AdvancedAnnual report

    「During the second quarter of the current consolidated cumulative period, the expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume. Revenue for the second quarter of the current consolidated cumulative period was ¥136.204 million, up 22.4% year on year, and segment profit was ¥11.407 million, up 207.9%.」

    In the career design business, the expansion of sales channels by leveraging economies of scale and the increased volume of concierge staffing and other services continued. Revenue increased 22.4% and segment profit increased 207.9%.
  12. FY2023-Q1AdvancedAnnual report

    「During the first quarter of the current consolidated cumulative period, the expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume.」

    In the career design business, the expansion of sales channels by leveraging economies of scale and the increased volume of concierge staffing services, mainly for high-rise condominiums, continued. Revenue increased 19.1% and segment profit increased 109.1%.
  13. FY2022AdvancedAnnual report

    「During the current consolidated fiscal year, the expansion of sales channels by leveraging the economies of scale gained through joining the Group progressed steadily, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, also steadily increased in volume.」

    The career design business expanded its sales channels and increased the volume of concierge staffing services, recording full-year revenue of ¥226.669 million and segment profit of ¥9.214 million, turning profitable from a loss in the previous year.
  14. FY2022-Q3AdvancedAnnual report

    「Although the career design business was affected by the issuance of measures such as the quasi-emergency measures to prevent the spread of disease, the expansion of sales channels by leveraging the economies of scale gained through joining the Group was successful, and concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, continued to steadily increase in volume during the third quarter of the current consolidated cumulative period.」

    The career design business successfully expanded its sales channels despite restrictions related to the infection, increasing the volume of concierge staffing and other services. Revenue increased 24.7% year on year, and segment profit turned to a profit of ¥4.116 million from a loss in the same period of the previous year.
  15. FY2022-Q2AdvancedAnnual report

    「In the career design business, following the lifting of the state of emergency, demand from existing client sites has partly begun to return, while the expansion of sales channels by leveraging the economies of scale gained through joining the Group has been successful. Concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, have steadily increased in volume. For the second quarter of the current consolidated cumulative period, revenue was ¥111.315 million, up 31.2% year on year, and segment profit was ¥3.704 million, compared with a segment loss of ¥5.632 million in the same period of the previous year.」

    The career design business recorded 31.2% revenue growth through the recovery in demand from client sites and the expansion of sales channels, turning to a profit of ¥3.704 million from a loss of ¥5.632 million in the same period of the previous year.
  16. FY2022-Q1AdvancedAnnual report

    「In the career design business, although the business remained in a challenging position in the same period of the previous year partly due to reduced staffing at existing client sites as a result of COVID-19, the expansion of sales channels by leveraging the economies of scale gained through joining the Group has been successful. Concierge staffing services, mainly for high-rise condominiums, which the Company is currently focusing on, have steadily increased in volume. For the first quarter of the current consolidated cumulative period, the career design business recorded revenue of ¥55.168 million, up 41.6% year on year, and segment profit of ¥2.925 million, compared with a segment loss of ¥2.911 million in the same period of the previous year.」

    In the career design business following the acquisition of オンリー・ワン, sales channels including concierge staffing expanded, revenue increased 41.6%, and the business turned profitable from a loss in the same period of the previous year.
  17. FY2021AdvancedAnnual report

    「The career design business has remained in a challenging position, partly due to the impact of reduced staffing at existing client sites as a result of COVID-19, but the Company is focusing on expanding sales channels by leveraging the economies of scale gained through joining the Group. Staffing concierge services, mainly for high-rise condominiums, as a new sales channel have gained traction and steadily increased in volume, and are expected to become a new earnings pillar for the career design business.」

    Regarding the career design business following the acquisition of オンリー・ワン, the Company explained that new sales channels, including concierge staffing, had gained traction and were increasing in volume, and positioned them as a new earnings pillar.
  18. FY2021-Q3AdvancedAnnual report

    「The career design business has remained in a challenging position, partly due to the impact of reduced staffing at existing client sites as a result of COVID-19, but the Company is focusing on expanding sales channels by leveraging the economies of scale gained through joining the Group. Staffing concierge services, mainly for high-rise condominiums, as a new sales channel have also gained traction and steadily increased in volume, and the business achieved monthly profitability in March during the third quarter of the current consolidated accounting period.」

    In the career design business following the acquisition of オンリー・ワン, concierge staffing services, mainly for high-rise condominiums, gained traction as a new sales channel, and the business achieved monthly profitability in March 2021.
  19. FY2021-Q2AdvancedAnnual report

    「The career design business has remained in a challenging position, partly due to the impact of reduced staffing at existing client sites as a result of COVID-19, but the Company is focusing on expanding sales channels by leveraging the economies of scale gained through joining the Group. For the second quarter of the current consolidated cumulative period, the career design business recorded revenue of ¥84.825 million and a segment loss of ¥5.632 million.」

    Following the acquisition of オンリー・ワン, performance for the career design business was disclosed as a segment, with a focus on expanding sales channels by leveraging economies of scale. The segment also recorded a loss due to reduced staffing at existing client sites.
  20. FY2021-Q1First statedAnnual report

    「The Group will position this not simply as an expansion into the staffing and recruitment businesses, but as a career design business, seeking to create synergies with its existing businesses and achieve growth as part of its business portfolio.」

    On 1 July 2020, the Company acquired all shares of オンリー・ワン and made it a consolidated subsidiary. Staffing and recruitment were positioned as the career design business, a pillar of the new growth strategy, with the aim of creating synergies with existing businesses. The acquisition price was ¥55 million, the voting rights acquired were 100%, and goodwill of ¥31 million was recognised and is being amortised on a straight-line basis over 10 years.
Moved together

"Supporting Hair Salons by Leveraging the Group’s Economies of Scale" moved the same way as this thread, in the same document, in 9 of its 20 moves.

987752★123456
  1. ★This thread
  2. 1Supporting Hair Salons by Leveraging the Group’s Economies of Scale9×
  3. 2Strengthening the Sales Organization in the Hair Salon Support Business8×
  4. 3Delayed monetization of new and converted company-operated salons7×
  5. 4Improving profitability through the relocation and renovation of directly operated large-format stores and rebuilding the flagship store7×
  6. 5Significant declines in operating profit and net income despite a slight increase in sales5×
  7. 6Expansion of the Hair and Makeup Business through the Acquisition of アーツ株式会社2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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No upcoming earnings preview for M・H・GROUP LTD. yet. It last moved in the Earnings of 2026-05-14: "Restated".
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Making the Acquisition of オンリー・ワン a New Pillar of the Growth Strategy for the Career Design Business | M・H・GROUP LTD. (9439) | Komori