CAREER CO., LTD.

Career Co., Ltd. was established in 2009 and is listed on the TSE Growth Market. Operating under a single segment, "Aging Society-Oriented HR Services," the company runs two businesses: the Senior Work Business (approx. 15% of net sales), which supports employment for active seniors aged 55 and above, and the Senior Care Business (approx. 85% of net sales), which dispatches and places qualified professionals such as nurses, caregivers, and childcare workers. Through 25 branches nationwide (8 Senior Work branches, 24 Senior Care branches), the company provides staffing, placement, and contracted operation services to a wide range of clients including building maintenance, call centers, and nursing care facilities. It is also building up new stock-type businesses, such as employment support services for people with disabilities and home-visit care services.

The company registers and secures senior and caregiving personnel, supplying them to client companies, care facilities, and other entities through staffing dispatch (receiving dispatch fees), job referral (receiving referral fees), and contracted work/dispatch-to-permanent placement arrangements. In the Senior Work Business, the company resolves mismatches through a consulting-type approach that breaks down clients' business workflows and identifies tasks suitable for seniors. In the Senior Care Business, the company supplies qualified personnel such as nurses, care workers, and childcare workers from 24 branches nationwide to nursing care, medical, and childcare facilities. Major costs consist of personnel costs for dispatched staff, recruitment advertising expenses, and branch operating costs, with the spread (the difference between dispatch fees and personnel costs) serving as the source of revenue.

Revenue peaked at ¥17,792 million in FY2023 (ended September 2023) and has declined for three consecutive fiscal years, reaching ¥6,664 million in the first half of FY2026 (ending September 2026), down 12.6% year on year. Operating income turned negative at -¥9 million in FY2025 (ended September 2025), and the operating loss widened further to -¥54 million in the first half. The core Senior Care Business (first-half revenue of ¥5,513 million, down 14.4% year on year) saw a sharp revenue decline due to the combined impact of the nursing care fee schedule revision and rising costs of securing dispatch staff. The Senior Work Business (first-half revenue of ¥1,151 million, down 2.6% year on year) was also affected by the loss of call center projects. The ordinary income surplus in the first half (¥27 million) was attributable to a one-time non-operating gain of ¥81 million from a social insurance premium refund. On the financial front, the company proceeded with debt repayment (¥300 million in short-term borrowings and ¥21 million in long-term borrowings), and the equity ratio improved from 41.1% to 44.7%. Cash balance stood at ¥1,578 million, maintaining a certain level of liquidity.