Wantedly, Inc.

The Group's principal revenue is concentrated in usage fees for "Wantedly Visit," resulting in a high degree of revenue dependence. If revenue from this service declines due to intensifying competition in the recruitment market or other factors, the Group's overall business performance could be significantly affected. Although diversification of revenue sources is being pursued as a countermeasure, the degree of dependence remains high at present.

Revenue from the core service "Wantedly Visit" is affected by macro-environmental factors such as client companies' hiring plans and employment conditions, creating a risk of significant performance fluctuations during economic downturns or periods of hiring restraint. The Board of Directors and other bodies regularly monitor market trends and customer needs, responding through prompt review of new service development and sales strategy, but it is difficult to fully eliminate the impact of the external environment.

"Wantedly Visit" competes with job listing media and recruitment agencies in a market with low entry barriers and intense competition. If sufficient differentiation or functional improvement is not achieved, or if competition intensifies due to new entrants, business performance could be affected. The company seeks to differentiate itself through matching based on shared vision and values, leveraging its advantage in the high proportion of engineers and designers among its user base.

The company acquires and manages personal information contained in job applications and business cards; if leakage, tampering, or unauthorized use occurs, it could lead to claims for damages or loss of trust, potentially having a material impact on the business and performance. The company restricts access privileges, has established rules for appropriate personal information management, and conducts internal training for all employees, and has obtained and operates under ISMS (Information Security Management System) certification, but it is explicitly stated that the risk cannot be completely eliminated.

Founder and Representative Director Akiko Naka has extensive experience in internet-related business and web marketing, and plays an extremely important role in determining and executing management policy and business strategy. If she becomes unable to continue her duties for any reason, it could affect the business and performance. The company is working to reduce this dependence through enhanced information sharing among officers and executive staff at the Board of Directors and elsewhere, and through improvements to its management organization.

The business is entirely dependent on communication networks; if a system failure occurs due to natural disasters, accidents, sudden surges in access, unauthorized external access, or other causes, it could seriously affect the business and performance. In addition to utilizing monitoring systems, the company has implemented organizational and human-based measures as well as technical measures through multi-layered defense, but risks arising from unforeseeable factors remain.

A certain proportion of traffic to the company's site depends on specific social media platforms; if existing integrations cease to function due to API restrictions or changes in various terms of service, site traffic could fall below expectations and materially affect performance. While the company promotes diversification of traffic channels as a countermeasure, the risk of policy changes by external platforms continues to exist.

The company bears obligations under relevant laws such as the Telecommunications Business Act, the Provider Liability Limitation Act, and the Act on Prohibition of Unauthorized Computer Access, and may be subject to unexpected claims for damages. In addition, if new legislation targeting internet-related businesses is enacted or interpretations of existing laws change, it could affect the business and performance. The company promotes legal compliance through continuous internal training and strengthened management systems.

The company has a subsidiary in Singapore, and in the event of future overseas business expansion, potential risks exist due to differences in local laws, regulations, political and economic conditions, business customs, and exchange rate fluctuations. Failure to address these risks could affect the business and performance. The company is working to improve its management system through coordination with local group companies to understand the situation and promptly discuss countermeasures.

If the development and hiring of employees in line with business expansion does not proceed as planned, or if human resource initiatives stall due to attrition or other factors, it could affect the business and performance. The company seeks to secure and retain talent by developing an environment where employees can take on challenges and grow, and by continuously building attractive personnel systems.