Full-year revenue and profit growth expected after absorbing investment in human resources
First written in FY2018-Q1. 5 of 17 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2024-Q3.
Members moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 6 of 20 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2024-Q3SoftenedAnnual report
「For the fiscal year ending March 2025, we have reduced the number of new graduates hired to slightly more than 400, from 585 in the fiscal year ending March 2024. Although we aim to achieve some improvement in the profit margin, unused-capacity costs are expected to continue, and the operating margin is not expected to recover to 10%.」
Against the previous expectation of achieving full-year revenue and profit growth after absorbing recruitment investment, the company explained that unused-capacity costs would continue and that the operating margin was not expected to recover to 10% in the fiscal year ending March 2025. - FY2024-Q2SoftenedAnnual report
「For the fiscal year ending March 2025, we have reduced the number of new graduates hired to slightly more than 400, from 585 in the fiscal year ending March 2024. Although we aim to achieve some improvement in the profit margin, unused-capacity costs are expected to continue, and the operating margin is not expected to recover to 10%.」
Against the previous expectation that recruitment investment would contribute to full-year profit growth, the company explained that unused-capacity costs would continue and that the operating margin was not expected to recover to 10% in the fiscal year ending March 2025. The number of new graduates hired will also be reduced from 585 to slightly more than 400. - FY2024-Q1Operating loss widened as recruitment investment continuedAnnual report
「Operating profit turned into an operating loss because the launch of the new organisation took time, the number of digital creators working on projects stagnated and utilisation temporarily declined, while upfront recruitment investment continued.」
While continuing recruitment investment, the company reported an operating loss for the quarter due to delays in launching the new organisation and lower utilisation. - FY2023Lower utilisation and lower profit due to investment in human resourcesAnnual report
「While targeting 25% growth in value-added revenue, the target growth rate, we increased upfront investment, including recruitment, aggressively. As a result, the number of digital creators rose 24% from the end of the previous fiscal year to 2,012, while the utilisation rate declined. Operating profit therefore declined from the previous fiscal year, although the operating margin was maintained above 8%.」
Upfront investment, including recruitment, increased the number of digital creators by 24%, but operating profit declined due to the lower utilisation rate. The company stated that it maintained an operating margin above 8%. - FY2023-Q2AdvancedAnnual report
「The new graduates were assigned in July and began working progressively.」
To monetise recruitment and development investment, 484 new graduates who joined in April 2022 were assigned in July and reached the stage of beginning work progressively. Meanwhile, operating profit declined year on year in the quarter due to investment in recruitment and development, and the realisation of the investment effects remains an ongoing issue. - FY2023-Q1Quarterly operating loss before new graduates began workingAnnual report
「Revenue for the cumulative first-quarter period was ¥3,831 million, up 23.3% year on year, while the operating loss was ¥67 million, compared with operating profit of ¥9 million in the same period of the previous year. In the fiscal year ending March 2023, we made aggressive investments in mid-career recruitment, human-resource development, sales and marketing to accelerate future growth. During the cumulative first-quarter period, however, we were unable to absorb the higher personnel expenses of new graduates who joined in April 2022 but had not yet begun working, resulting in an operating loss.」
While investing in mid-career recruitment, human-resource development, sales and marketing, the company was unable to absorb the higher personnel expenses of new graduates who joined in April 2022 but had not yet begun working, resulting in a first-quarter operating loss of ¥67 million. Monetisation of the recruitment investment was deferred until assignments and the start of work in stages from July. - FY2022AdvancedAnnual report
「During the consolidated fiscal year, new graduates were assigned ahead of schedule and began working progressively from June. In April 2022, 484 new graduates joined as planned.」
Regarding the policy of monetising recruitment and development investment early, new graduates who joined in April 2021 began working progressively from June after being assigned ahead of schedule, and 484 new graduates were hired as planned in the following fiscal year. - FY2022-Q2SoftenedAnnual report
「In the EMC business, we fell short of the earnings forecast for the cumulative second-quarter period because we recognised an ¥92 million write-down of inventories and a ¥78 million provision following the occurrence of unprofitable projects, and because new-business acquisition lagged somewhat behind plan. Accordingly, we revised the full-year consolidated earnings forecast based on the variance in the cumulative second-quarter period and recent business trends.」
The full-year earnings forecast was revised following unprofitable EMC projects, delays in acquiring new business and the cumulative second-quarter results falling short of forecast assumptions supporting the previous expectation of full-year revenue and profit growth. The revised figures are not stated in the text. - FY2022-Q1AdvancedAnnual report
「During the consolidated fiscal year, new graduates were assigned ahead of schedule and began working progressively from June.」
As part of the policy of monetising recruitment and development investment early, new graduates who joined in April 2021 were assigned ahead of schedule and reached the stage of beginning work from June. - FY2021-Q2AdvancedAnnual report
「The people hired began working in the second-quarter accounting period, and are expected to make a substantial contribution to earnings over the long term.」
The new graduates who joined in April 2020 began working in the second-quarter accounting period, marking the start of the monetisation phase for the recruitment investment. - FY2021-Q1RestatedAnnual report
「The cumulative first-quarter period resulted in an operating loss, similar to the cumulative first-quarter period of the previous fiscal year, due to higher selling, general and administrative expenses from hiring and training new graduates. However, the personnel expenses incurred ahead of schedule are expected to contribute sufficiently to full-year earnings. Against the backdrop of increased corporate investment in digital technologies, we will continue to actively secure human resources. Human-resource development and monetisation are progressing as planned, and the people hired aggressively are expected to make a substantial contribution to earnings over the long term.」
While upfront costs for hiring and training new graduates resulted in an operating loss in the first quarter, the company has reconfirmed the expected full-year earnings contribution from personnel expenses, progress in human-resource development and monetisation in line with the plan, and the continuation of aggressive recruitment. - FY2020-Q1RestatedAnnual report
「The cumulative first-quarter period resulted in an operating loss, similar to the cumulative first-quarter period of the previous fiscal year, due to higher selling, general and administrative expenses from hiring and training new graduates. However, the personnel expenses incurred ahead of schedule are expected to contribute sufficiently to full-year earnings, and we forecast consolidated revenue and profit for the cumulative second-quarter period and the full year to increase year on year. Human-resource development and monetisation are progressing as planned, and the people hired aggressively are expected to make a substantial contribution to earnings over the long term.」
While upfront costs for hiring and training new graduates resulted in an operating loss in the first quarter, the company has reconfirmed its expectation of year-on-year revenue and profit growth in the cumulative second-quarter period and for the full year, as well as the progress of human-resource development and monetisation in line with the plan. - FY2019-Q1RestatedAnnual report
「The cumulative first-quarter period resulted in an operating loss, similar to the cumulative first-quarter period of the previous fiscal year, because we hired new graduates representing nearly 20% of all employees. However, the personnel expenses incurred ahead of schedule are expected to contribute sufficiently to full-year earnings, and we forecast consolidated revenue and profit for the cumulative second-quarter period and the full year to increase year on year. Human-resource development and monetisation are progressing as planned, and the people hired aggressively are expected to make a substantial contribution to earnings over the long term.」
While reporting an operating loss in the first quarter due to the hiring of new graduates, the company has reconfirmed its expectation that the upfront personnel expenses will be monetised and that revenue and profit will increase year on year in the cumulative second-quarter period and for the full year. - FY2018AchievedAnnual report
「Although the rate of profit growth is expected to remain modest because we hired new graduates representing nearly 20% of all employees during the consolidated fiscal year, human-resource development and monetisation are progressing as planned, and the people hired aggressively are expected to make a substantial contribution to earnings over the long term.」
Regarding the previous expectation of full-year revenue and profit growth after absorbing recruitment investment, revenue, operating profit and profit before tax exceeded the previous fiscal year and reached record highs. - FY2018-Q3AdvancedAnnual report
「The cumulative third-quarter period saw profit decline year on year because we hired new graduates this fiscal year equal to nearly 20% of the workforce, but the development and monetisation of human resources progressed as planned. Operating profit for the third-quarter accounting period reached a record high of ¥161 million, up 39.0% year on year. The people hired aggressively are expected to contribute significantly to earnings over the long term, and we forecast full-year revenue and profit growth.」
While reporting the cumulative profit decline resulting from the hiring of 138 new graduates, the company indicated that human-resource development and monetisation were progressing as planned, that third-quarter operating profit reached a record ¥161 million, and that full-year revenue and profit growth was expected. - FY2018-Q2RestatedAnnual report
「The higher personnel expenses resulting from investment in recruitment are expected to contribute sufficiently to full-year earnings, and we forecast full-year consolidated revenue and profit to increase from the previous fiscal year. Looking ahead to the expansion of the digital marketing market, we plan to continue actively recruiting and developing human resources.」
The company has reconfirmed its policy of absorbing the upfront increase in personnel expenses from recruitment investment and achieving full-year revenue and profit growth from the previous fiscal year. - FY2018-Q1First statedAnnual report
「Although we expect profit to decline in the cumulative second-quarter period due to the continued impact of higher personnel expenses, we expect the personnel expenses incurred ahead of schedule to contribute sufficiently to full-year earnings, and forecast full-year consolidated revenue and profit to increase year on year.」
While we expect profit to decline in the cumulative second-quarter period due to the upfront increase in personnel expenses from hiring new graduates, we expect full-year revenue and profit to increase year on year.