First-half decline in utilization and profit associated with new graduate training
First written in FY2016. 8 of 18 entries say "Mitigated", first in FY2019-Q3. Latest entry: FY2025-H1.
Hip moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「As engineers began working earlier than in the previous year, personnel in operation exceeded the previous year's interim period.」
The company states that engineers began working earlier than in the previous year and that personnel in operation exceeded the previous year's interim period, indicating that the impact of the ramp-up associated with new graduate training and assignment was easing. - FY2024MaterialisedAnnual report
「Although the full-year utilization rate declined from the same period of the previous year to 94.1% due to the increase in new graduate hires (down 1.1 percentage points year on year), the company maintained a high utilization rate.」
The increase in new graduate hires was reflected in actual results as a factor behind the decline in full-year utilization. Utilization was 94.1%, down 1.1 percentage points year on year. - FY2024-Q1MitigatedAnnual report
「In this environment, the number of engineers increased, and as engineers, including new graduates, began working smoothly, personnel in operation exceeded the same period of the previous year.」
The company states that engineers, including new graduates, began working smoothly and that personnel in operation exceeded the same period of the previous year. - FY2023-Q2MitigatedAnnual report
「As engineers, including new graduates, began working earlier than expected, personnel in operation exceeded the same period of the previous year.」
Engineers, including new graduates, began working earlier than expected, and personnel in operation exceeded the same period of the previous year, indicating that the impact on utilization from new graduate training and assignment was mitigated. - FY2023-Q1MitigatedAnnual report
「In this environment, the number of engineers declined slightly year on year, but as engineers, including new graduates, began working earlier than expected, personnel in operation exceeded the same period of the previous year.」
Although the number of engineers declined slightly year on year, engineers, including new graduates, began working earlier than expected, and personnel in operation exceeded the same period of the previous year. This indicates that the impact on utilization from new graduate training and assignment was mitigated. - FY2022MitigatedAnnual report
「Due to the impact of COVID-19, it took longer than usual to determine assignments for new graduate employees who joined the company last year and the year before last. However, as the order environment improves, new graduates joining the company this year are expected to progress at about the usual pace. To facilitate the early placement of new graduate employees, we are working to enhance practical training and conduct sales activities promptly by collecting and sharing customer information.」
Regarding delays in assigning new graduates, the company expects this year's assignments to proceed at about the usual pace as the order environment improves, and is addressing the issue through practical training and prompt sales activities. - FY2022-Q3MitigatedAnnual report
「We provided technical training combining telework and staggered working hours, while taking sufficient measures to prevent the spread of infection, with the aim of having engineers, including new graduates, begin working early. In this environment, the number of engineers declined year on year because we reduced the number of new graduates hired in 2021, but as engineers steadily began working, personnel in operation remained above both the same period of the previous year and the initial plan.」
The company promoted training combining telework and staggered working hours and the early start of operations, resulting in personnel in operation exceeding both the same period of the previous year and the initial plan, indicating that the impact of new graduate training and assignment on utilization was mitigated. - FY2022-Q2MitigatedAnnual report
「As engineers steadily began working, the number of personnel in operation during the second quarter remained above both the same period of the previous year and the initial plan.」
The company promoted the early deployment of engineers, including new graduates, resulting in second-quarter personnel in operation exceeding both the same period of the previous year and the initial plan, indicating that the impact on utilization from new graduate training and assignment was mitigated. - FY2021MaterialisedAnnual report
「Due to the impact of COVID-19, some customer companies have shown caution while assessing future developments. For new graduate employees who joined the company in April of the fiscal year under review, the period before assignment has been longer than usual, and it is expected to take time to determine assignments for new graduates who joined the company this year as well.」
The period before assignment for new graduate employees actually lengthened, and utilization in the fiscal year under review was 83.7%, down 9.8 percentage points year on year. COVID-19 exacerbated the seasonal decline in utilization. - FY2020-Q1MaterialisedAnnual report
「Utilization was 89.6%, partly due to the increase in new graduate hires (down 2.7 percentage points year on year).」
The increase in new graduate hires contributed to lower utilization, which was 89.6%, down 2.7 percentage points year on year. The impact of lower utilization associated with new graduate training and ramp-up was reflected in the quarter under review. - FY2019WorsenedAnnual report
「New graduate employees undergo approximately 3 months of training based on technical instruction before beginning work. Accordingly, engineer utilization tends to decline in the first half, while expenses related to education and training increase.」
The description of the training period for new graduate employees has changed from approximately 2 months to approximately 3 months, changing the explanation of the factors behind lower first-half utilization and higher training costs. - FY2019-Q3MitigatedAnnual report
「As a result, the number of engineers increased by 18 from the same period of the previous year (up 2.6% year on year). In addition, utilization reached a high 95.9%, above the same period of the previous year (up 0.8 percentage points year on year), as new graduates began working earlier than expected.」
The company discloses that new graduates began working earlier than expected, resulting in a utilization rate of 95.9%, above the same period of the previous year. - FY2019-Q1RestatedAnnual report
「Although utilization was affected by the increase in new graduate hires, the company maintained a high utilization rate of 92.3%, at the same level as the same period of the previous year (down 0.2 percentage points year on year).」
Although the increase in new graduate hires affected utilization, the company maintained a high utilization rate at the same level as the same period of the previous year. - FY2018RestatedAnnual report
「New graduate employees undergo approximately 2 months of training based on technical instruction before beginning work. Accordingly, engineer utilization tends to decline in the first half, while expenses related to education and training increase. In the second half, utilization rises as new graduate employees begin working at client sites.」
The company reconfirms the seasonality of lower first-half utilization and higher training costs due to new graduate training, followed by higher utilization and performance in the second half. - FY2017RestatedAnnual report
「Accordingly, engineer utilization tends to decline in the first half, while expenses related to education and training increase. In the second half, utilization rises as new graduate employees begin working at client sites.」
The company reiterates the seasonality of lower first-half utilization and higher training costs due to new graduate training, with profit weighted toward the second half, and also discloses actual results such as a full-year utilization rate of 94.3%. - FY2017-Q3WorsenedAnnual report
「In the SMO business, the company resumed hiring new graduates to expand the business, and although it is making progress in winning projects, personnel utilization declined compared with the same period of the previous year, when large projects had been fully operational since the first half. This reflected delays in the start of global trials, revisions to trial plans and other factors, resulting in a difference in performance.」
While the company resumed hiring new graduates, delays in trial starts and revisions to plans reduced personnel utilization from the previous year, contributing to the difference in performance. - FY2017-Q1WorsenedAnnual report
「In addition, as global trials increased, some trials started later than planned. The company also hired new graduate clinical trial coordinators from the current fiscal year to expand the business, resulting in higher training costs.」
In the SMO business, hiring new graduate clinical trial coordinators resulted in higher training costs, which, together with lower personnel utilization and other factors, was cited as a reason for weaker performance. - FY2016First statedAnnual report
「Accordingly, engineer utilization tends to decline in the first half, while expenses related to education and training increase. In the second half, utilization rises as new graduate employees begin working at client sites. Consequently, sales and profit tend to be relatively lower in the first half and higher in the second half.」
The company explains the seasonality arising from new graduate employees undergoing approximately 2 months of training and also discloses the second-half sales and profit ratios as actual results.