TRYT Group Records 33 Billion Yen in Sales and 18% Year-on-Year Growth in FY2020 Under New Management System

Reinforced Governance with New Specialized Organization Owing to Increased Productivity with Digital Transformation of Internal Operations

～ Eight new bases for strengthening regional expansion to be opened, and the industry’s first DX service for preventing employee turnover to be launched in 2021 ～

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TRYT Group (Headquarters: Osaka City, Osaka Prefecture; Tokyo Headquarters: Chiyoda-ku, Tokyo; CEO: Hidetaka Sasai), a major recruiting and temporary staffing service provider in the fields of caregiving, health care, and childcare, posted sales of 33 billion yen and 18% year-on-year growth in FY2020 (January – December 2020) under a new management system that was reformed from 2019 through 2020. With this, FY2020 marks the 17th consecutive year that we have achieved increased income and profit since our company was founded. Growth factors include our quick response to the rapid change and transformation of the market throughout the year due to the coronavirus pandemic by referring the appropriate personnel to client hospitals and nursing homes, and improving productivity through the digital transformation (DX) of operations, such as the introduction of cloud-based human resources management software. In addition, while we were able maintain growth, we also took measures to strengthen governance. In 2021, we plan to open eight bases to reinforce our expansion into rural areas which are suffering from a widening gap in caregiving and health care services with urban areas, and aim to transform the caregiving, health care, and childcare industries digitally by providing products such as the industry’s first service that will prevent employee turnover.

Back row (left to right): Managing Executive Officer Nozawa, Executive Officers Inoue, Horiuchi, Maeda
Front row (left to right): Executive Officer Miura, CEO Sasai, Executive Officer Odamura

Founded in 2004, our company began with the business of recruiting and temporary staffing services in the construction industry. In 2006, we expanded our services to the caregiving, health care, and childcare industries where there has been a conspicuous shortage in human resources. Thus far, we have supported the recruitment of personnel for about 34,000 facilities.

In FY2020, we at TRYT Group actively recruited experienced personnel from outside the company and promoted our businesses. With regard to external personnel, Takaaki Inoue, former managing executive director at the major recruitment firm ManpowerGroup Co., Ltd., Kimihiro Horiuchi, former executive officer at Konami Digital Entertainment Co., Ltd., Yuko Odamura, former human resources vice president at Medtronic Japan Co., Ltd., and Reiri Miura, former corporate planning chief at a health care startup under Softbank, joined our company as executive officers. Together with our current executives at TRYT, we have created a diverse management team and have strengthened our management system toward further company growth. In the midst of the emergency declaration due to the coronavirus pandemic in 2020, we have provided M&A services to prevent companies from going bankrupt and to support diversification, and fostered business partnerships to promote DX in the caregiving industry. In addition, we opened branches in rural areas (Takasaki, Okayama and Kagoshima) where there is growing demand for employment. These factors have contributed to our sales exceeding 33 billion yen, representing an 18% growth year-on-year. Furthermore, by launching a specialized organization that aims to strengthen our governance, and appointing outside directors and establishing a board of auditors, we have realized the separation of ownership and management, built an appropriate monitoring system, and promoted women participation by appointing one female auditor and two female executives.

In 2021, we will take new initiatives that are pillared on “strengthening regional expansion” and “promotion of DX in the industry” while enhancing our existing businesses. Regarding the strengthening of regional expansion, we will utilize the regional expansion know-how that we have pioneered in the industry, and launch eight new bases in addition to our existing 43 bases in a bid to solve the issue on regional disparity in caregiving and health care services. To promote DX in the industry, we will offer the first DX service in the industry that aims to prevent caregivers from leaving their job, and expand our DX service to improve workplace environment and boost work efficiency in the caregiving, health care, childcare, and construction industries. With these initiatives, our plan is not only to further grow as a company, but also to contribute to the attainment of the SDGs (sustainable development goals), set up an office to support the participation of women, and focus on offering career support to female employees through our businesses.

CEO: Hidetaka Sasai

Mr. Sasai worked for a major Japanese bank and a foreign consulting firm, and then became the president of OMRON COLIN Co., Ltd., a medical equipment manufacturer, in 2005. Thereafter, he held several top management positions at St. Jude Medical, Lifedrink Company, etc. In November 2019, he was appointed as CEO of TRYT Group , and president of its three group companies (TRYT Inc., TRYT Career, Inc., and TRYT Engineering, Inc.).

Comments from Hidetaka Sasai:

The year 2020 marked the beginning of the coronavirus pandemic, emergency declarations, a temporary decrease in the number of patients and users, and the second wave of the pandemic. It was a year of drastic changes in the environment for all industries, especially for everyone in the health care and welfare industry. We believe that our company managed to achieve approximately 20% in growth thanks to the ability of our employees to respond flexibly and quickly to these drastic changes, and the strength of the mutual desire among our employees to help solve the problems of our client firms and facilities. In 2021, while hoping for the pandemic to end at an early stage, we will, as an entire company, put all efforts into continuing to relieve the shortage of human resources by even just a little.

Group Managing Executive Officer and General Manager of Sales Division: Takuji Nozawa

After working at a staffing agency and an engineering firm, Mr. Nozawa joined TS Kouken (currently known as TRYT Engineering, Inc.) in 2013. He later served as the manager of the Osaka headquarters and Tokyo headquarters, and was appointed as general manager of the Sales Division in 2018. He became an executive officer in 2019, and from April 2020, he was appointed as managing executive officer and general manager of the Sales Division for TRYT and TRYT Career.

Group Executive Officer and CFO Managing Director: Takaaki Inoue

After working for Misumi Group Inc. headquarters, Misumi USA, and Walt Disney Japan, Mr. Inoue served as managing director in charge of leading the headquarters division at ManpowerGroup Co., Ltd., a major recruitment service firm, from 2014. He joined TRYT Group in January 2020 and was appointed as executive officer and CFO managing director.

Group Executive Officer and General Manager of Corporate Planning Division: Reiri Miura

Ms. Miura joined Mitsubishi Corporation in 1995, where she was in charge of investments in life science-related funds and startups, and the launch of new businesses on a global level. Thereafter, she served as the business strategy manager of Taiho Pharmaceutical Co., Ltd., and as the corporate planning chief for health care startups at the Digital Transformation Headquarters of Softbank. She joined TRYT Group in January 2020, and was appointed group executive officer and general manager of the Corporate Planning Division in April 2020.

Group Executive Officer and CMO: Kimihiro Horiuchi

Mr. Horiuchi joined Rakuten in 1999. After being engaged in service and new business development, he established the marketing department and built the marketing foundation of the group. He later worked as the manager of the overseas mobile business and global marketing manager at Konami Digital Entertainment Co., Ltd. Thereafter, he joined TYRT Group in August 2020, where he was appointed as group executive officer and CMO.

Group Executive Officer and CHRO: Yuko Odamura
Ms. Odamura served as a human resources consultant at a foreign HR consulting firm, human resources manager at a Japanese pharmaceutical company, and in the human resources department of SAP, Loreal, and Cadbury. After serving as the human resources vice president from 2009 to 2019 at Medtronic Japan Co., Ltd., a medical equipment manufacturer, she joined TRYT Group in May 2020 as group executive officer and CHRO.

TRYT Engineering Executive Officer and General Manager of Sales Division: Takuhiro Maeda

Mr. Maeda joined TRYT Group in 2013 after working at a major building materials and housing equipment manufacturer, and a house cleaning company. With experience in sales in the construction business, establishment of new bases, and as manager of bases, he was appointed as the general manager of the temporary staffing division in January 2020. In April 2020, he was appointed as executive officer. In November 2020, he was appointed as the executive officer and general manager of the Sales Division at TRYT Engineering.

[Outline of TRYT Group ]

TRYT Group is a recruiting and temporary staffing service group that is made up of TRYT Inc., TRYT Career Inc., and TRYT Engineering Inc. The Group has realized an approximately 40% annual rate of increase in sales within a few years since it was founded in 2004, and has grown into a company holding the largest market share in the field of caregiving and childcare recruitment, and the second largest market share in the field of nurse recruitment. TS Group changed its name to “TRYT Group” effective November 1, 2020. It aims to strengthen its human resources development and career support in line with its main services of recruiting and temporary staffing, and to contribute in solving all social issues accompanying the serious shortage of human resources in the caregiving, health care, and childcare industries.

CEO: Hidetaka Sasai
Headquarters: Seiwa Umeda Bldg. 13F, 2-12-7 Sonezaki, Kita-ku, Osaka-shi, Osaka
Tokyo Headquarters: Itocia Office Tower 16F, 2-7-1 Yurakucho, Chiyoda-ku, Tokyo
No. of Employees: 2,789 employees (excluding temporary employees) *As of December 31, 2020

[Overview of Each Company]

Company Name in Japanese: Kabushikigaisha TRYT (株式会社トライト)
Company Name in English: TRYT Inc.
Established: 2016
Description of Business: Development and support of each environment toward the reinforcement of the competitiveness of group companies engaged in recruitment and temporary staffing and other businesses, and corporate planning and management and all related operations
https://tryt-group.co.jp/

Japanese Name: Kabushikigaisha TRYT Career (株式会社トライトキャリア)
English Name: TRYT Career Inc.
Established: 2014
Description of Business: Recruiting and temporary staffing for the caregiving, health care, and childcare industries
https://tryt-career.co.jp/

Japanese Name: Kabushikigaisha TRYT Engineering (株式会社トライトエンジニアリング)
English Name: TRYT Engineering Inc.
Established: 2004
Description of Business: Recruiting and temporary staffing service for the construction industry
https://tryt-eng.co.jp/