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SE Holdings and Incubations (9478) · RiskMitigated

Stagnation in the Medical-Sector Recruitment Placement Business

First written in FY2018-Q2. 14 of 24 entries say "Mitigated", first in FY2019-Q1. Latest entry: 2026-10-22.

24entries
10years
4from disclosures
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ProgressHeldSoftenedWorseMitigatedFY2019 – FY2022-Q3RestatedFY2023-Q1 – FY20242017: 12018: 320182019: 220192020: 220202021: 220212022: 320222023: 220232024: 220242025: 220252026: 52026
Same theme, other companies

1 other company's latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「In the Education and Human Resources segment, sales from the IT human resources training business remained relatively steady and sales from the recruitment business related to the medical sector showed signs of recovery. However, due to higher personnel and hiring costs and other factors, sales were unchanged year on year at ¥912 million, while segment profit (operating profit) fell 18.9% to ¥157 million.」

    Sales from the recruitment business related to the medical sector shifted from the weakness seen in the first half of the previous fiscal year to signs of recovery. However, higher personnel and hiring costs resulted in lower profit for the Education and Human Resources business.
  2. 2026-05-08MitigatedRevision to earnings forecasts

    「Although sales in the medical-related recruitment business also showed signs of recovery,」

    Sales in the medical-related recruitment business were described as recovering from the weakness noted in the previous fiscal year and first half. However, the Education and Talent Business recorded lower earnings due to higher personnel and recruitment costs, among other factors.
  3. FY2026-H1WorsenedAnnual report

    「In the Education and Human Resources segment, sales from the recruitment business related to the medical sector remained weak, but sales from the IT human resources training business remained steady. Sales rose 6.1% year on year to ¥524 million, while segment profit (operating profit) fell 4.4% to ¥115 million.」

    Sales from the recruitment business related to the medical sector remained weak. While the IT human resources training business remained steady and generated higher revenue, the Education and Human Resources business as a whole posted lower profit.
  4. FY2025MitigatedAnnual report

    「In the Education and Human Resources segment, sales from the IT human resources training business remained generally steady, while sales from the recruitment business related to the medical sector entered a recovery trend in the fourth quarter. However, due to higher hiring costs and other factors, sales rose 1.4% year on year to ¥912 million, while segment profit (operating profit) fell 9.6% to ¥194 million.」

    The recruitment business related to the medical sector entered a recovery trend in the fourth quarter, improving from the weakness seen in the first half. However, higher hiring costs and other factors resulted in lower profit for the Education and Human Resources business.
  5. FY2025-H1WorsenedAnnual report

    「In the Education and Human Resources segment, sales from the IT human resources training business began to trend upward in the latter half of the period. However, sales from the recruitment business related to the medical sector remained weak, and higher hiring costs and other factors resulted in sales of ¥494 million, down 2.3% year on year, and segment profit (operating profit) of ¥120 million, down 20.8%.」

    Sales from the recruitment business related to the medical sector remained weak, re-emerging as a downward pressure factor after the previous recovery trend. Together with higher hiring costs, this resulted in lower revenue and profit for the Education and Human Resources business.
  6. FY2024RestatedAnnual report

    「In the Education and Human Resources segment, both the IT human resources training business and the recruitment business related to the medical sector performed generally steadily throughout the period. Despite higher hiring costs as upfront investment, sales rose 3.2% year on year to ¥899 million, while segment profit (operating profit) fell 0.8% to ¥215 million.」

    The recruitment business related to the medical sector performed steadily for the full fiscal year together with the IT human resources training business and maintained its recovery trend from the previous stagnation. However, profit declined slightly due to higher hiring costs.
  7. FY2024-Q1RestatedAnnual report

    「In the Education and Human Resources segment, the IT human resources training business performed steadily and the recruitment business related to the medical sector performed well, resulting in sales of ¥320 million, up 5.0% year on year, and segment profit (operating profit) of ¥110 million, up 17.6%.」

    The recruitment business related to the medical sector performed well together with the IT human resources training business and maintained its recovery trend from the previous stagnation.
  8. FY2023-Q3RestatedAnnual report

    「In the Education and Human Resources business, both the IT human resources training business, centered on online training, and the healthcare-related recruitment business performed generally steadily. Revenue was ¥708 million, up 12.9% year on year, and segment profit (operating profit) was ¥218 million, up 7.7%.」

    The recruitment business related to the medical sector performed generally steadily together with the IT human resources training business and maintained its recovery trend from the previous stagnation.
  9. FY2023-Q2RestatedAnnual report

    「In the Education and Human Resources segment, the IT human resources training business, centered on online training, and the recruitment business related to the medical sector both performed generally well, resulting in sales of ¥492 million, up 13.6% year on year, and segment profit (operating profit) of ¥145 million, up 9.8%.」

    The recruitment business related to the medical sector performed generally well together with the IT human resources training business and maintained its recovery trend from the previous stagnation.
  10. FY2023-Q1RestatedAnnual report

    「In the Education and Human Resources segment, both the IT human resources training business and the recruitment business related to the medical sector performed generally well. However, due to the impact of upfront investment to strengthen staffing and other factors, sales rose 12.3% year on year to ¥305 million, while segment profit (operating profit) fell 4.8% to ¥93 million.」

    The recruitment business related to the medical sector performed generally well together with the IT human resources training business and maintained its recovery trend from the previous stagnation. However, segment profit declined due to upfront investment to strengthen staffing and other factors.
  11. FY2022-Q3MitigatedAnnual report

    「In the Education and Human Resources business, both the IT human resources training business, centered on online training, and the healthcare-related recruitment business performed generally well. Revenue was ¥627 million, up 15.7% year on year, and segment profit (operating profit) was ¥202 million, up 70.9%.」

    The recruitment business related to the medical sector shifted from its previous stagnation to generally strong performance together with the online training business. The Education and Human Resources business as a whole is also posting higher revenue and profit.
  12. FY2022-Q2MitigatedAnnual report

    「In the Education and Human Resources business, both the IT human resources training business, centered on online training, and the healthcare-related recruitment business performed generally well. Revenue was ¥433 million, up 14.9% year on year, and segment profit (operating profit) was ¥132 million, up 78.5%.」

    The recruitment business related to the medical sector shifted from its previous stagnation to generally strong performance together with the online training business. The Education and Human Resources business as a whole is also posting higher revenue and profit.
  13. FY2022-Q1MitigatedAnnual report

    「In the Education and Human Resources segment, the IT human resources training business continued to perform well from the previous fiscal year, while the recruitment business related to the medical sector also performed generally steadily. Sales rose 16.6% year on year to ¥272 million, and segment profit (operating profit) rose 73.4% to ¥98 million.」

    The recruitment business related to the medical sector shifted from its previous stagnation to generally steady performance, resulting in higher revenue and profit for the Education and Human Resources business as a whole.
  14. FY2020MitigatedAnnual report

    「In the Education and Human Resources segment, both the IT human resources training business and the recruitment business related to the medical and nursing care sectors performed generally well, resulting in sales of ¥566 million, up 15.1% year on year, and segment profit (operating profit) of ¥72 million, up 40.1%.」

    The recruitment business related to the medical and nursing care sectors, previously described as stagnant, performed generally well for the full fiscal year together with the IT human resources training business, resulting in higher revenue and profit for the Education and Human Resources business as a whole.
  15. FY2020-Q3MitigatedAnnual report

    「In the Education and Human Resources segment, both the IT human resources training business and the recruitment business related to the medical and nursing care sectors performed generally well throughout the period, resulting in sales of ¥448 million, up 19.0% year on year, and segment profit (operating profit) of ¥90 million, up 40.4%.」

    The recruitment business related to the medical and nursing care sectors, previously described as stagnant, performed generally well throughout the period together with the IT human resources training business, resulting in higher revenue and profit for the Education and Human Resources business as a whole.
  16. FY2020-Q1MitigatedAnnual report

    「In the Education and Human Resources segment, both the IT human resources training business and the recruitment business related to the medical and nursing care sectors performed generally well, resulting in sales of ¥173 million, up 13.0% year on year, and segment profit (operating profit) of ¥40 million, up 32.1%.」

    The recruitment business related to the medical and nursing care sectors, previously described as stagnant, was reported to have performed generally well together with the IT human resources training business, resulting in higher revenue and profit for the Education and Human Resources business as a whole.
  17. FY2019MitigatedAnnual report

    「In the Education and Human Resources segment, the IT human resources training business performed generally well throughout the period and the recruitment business related to the medical and nursing care sectors was on a recovery trend. However, due in part to upfront investment to strengthen staffing, sales rose 11.9% year on year to ¥492 million, while segment profit (operating profit) fell 9.2% to ¥51 million.」

    The company stated that the recruitment business related to the medical and nursing care sectors was on a recovery trend, indicating improvement over the previous stagnation even for the full fiscal year. However, segment profit declined due to upfront investment to strengthen staffing.
  18. FY2019-Q2RestatedAnnual report

    「In the Education and Human Resources segment, the IT human resources training business performed generally well throughout the period and the recruitment business related to the medical sector was on a recovery trend. However, due in part to upfront investment to strengthen staffing, sales rose 9.9% year on year to ¥251 million, while segment profit (operating profit) fell 18.6% to ¥33 million.」

    The recruitment business related to the medical sector continued to recover. However, upfront investment to strengthen staffing resulted in higher revenue but a 18.6% year-on-year decline in segment profit for the Education and Human Resources business.
  19. FY2019-Q1MitigatedAnnual report

    「In the Education and Human Resources segment, the IT human resources training business performed steadily throughout the period and the recruitment business related to the medical sector was on a recovery trend, resulting in sales of ¥153 million, up 16.5% year on year, and segment profit (operating profit) of ¥30 million, up 0.3%.」

    The recruitment business related to the medical sector shifted from stagnation after the second quarter to a recovery trend. The Education and Human Resources business as a whole posted higher revenue, and segment profit also exceeded the previous year's level.
  20. FY2018-Q3MaterialisedAnnual report

    「In the Education and Human Resources segment, the recruitment business for the medical industry stagnated from the second quarter of the consolidated fiscal year onward. However, the IT human resources training business performed well throughout the period, resulting in sales of ¥350 million, down 2.4% year on year, and segment profit (operating profit) of ¥73 million, up 26.4%.」

    The stagnation of the recruitment business for the medical industry continued after the second quarter. However, strong performance in the IT human resources training business led to higher profit for the Education and Human Resources business as a whole.
  21. FY2018-Q2First statedAnnual report

    「In the Education and Human Resources segment, the recruitment business for the medical industry stagnated during the second quarter of the current consolidated fiscal year. However, the IT human resources training business performed well throughout the period, resulting in sales of ¥228 million, down 11.1% year on year, and segment profit (operating profit) of ¥41 million, up 0.6%.」

    The stagnation of the recruitment business for the medical industry in the second quarter was identified as a new performance risk factor. Strong performance in the IT human resources training business enabled the Education and Human Resources segment as a whole to post a slight increase in profit year on year.
Moved together

"Recovery in operating profit, ordinary profit and net income" moved the same way as this thread, in the same document, in 10 of its 24 moves.

1099987★123456
  1. ★This thread
  2. 1Recovery in operating profit, ordinary profit and net income10×
  3. 2Earnings growth and business structure improvements9×
  4. 3Expanding revenue from digital media, events and e-books9×
  5. 4Agile shareholder returns through share buybacks9×
  6. 5Maintaining an Ordinary Profit Margin on Sales of 5%8×
  7. 6Rehabilitation of a Loss-Making Operating Company7×

★ 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.

When this could move next
SE Holdings and Incubations's next results are scheduled for 2026-10-22. Read the earnings preview It last moved in the Earnings of 2026-10-22: "Mitigated".
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Stagnation in the Medical-Sector Recruitment Placement Business | SE Holdings and Incubations Co.,Ltd. (9478) | Komori