CrowdWorks' founding matching business has seen its profit margin deteriorate due to the impact of AI, while its market capitalisation has contracted significantly. Management is targeting renewed growth by transforming the business through the use of AI.
CrowdWorks has taken a major hit from the rise of artificial intelligence, and the profit margin of its founding matching business has fallen sharply. Its share price has declined by more than 30% over the past year, while its market capitalisation has fallen from approximately ¥38 billion at its 2019 peak to approximately ¥10 billion.
President and CEO Yoshida Koichiro (吉田浩一郎) showed no sense of despondency and described the situation as the second phase of transformation, indicating a policy of swiftly shifting the business model.
The introduction of an AI talent-matching platform is reportedly being considered as a turnaround measure.