Upfront investment in human resources, including improvements in employee compensation
First written in FY2020-Q1. 4 of 18 entries say "Restated". Latest entry: 2026-06-10.
0 other companies' latest entry also says "Restated".
- 2026-06-10RestatedEarnings presentation
「■ Although investments in hiring, IT and DX, and training facilities were incurred, these expenses were absorbed by revenue growth, resulting in higher profit.」
The company continued to explain that investments in hiring, IT and DX, and training facilities were incurred but absorbed by revenue growth, resulting in higher profit. - FY2026-H1Additional IT and DX investment costsAnnual report
「In terms of profit, although recruitment-related investment costs, IT and DX investment costs and other expenses were incurred, these costs were absorbed by sales growth, and profit exceeded the level of the same period of the previous year.」
The company disclosed that, in addition to its conventional upfront investment in recruitment and training, it incurred IT and DX investment costs. These costs were absorbed by sales growth, and profit exceeded the level of the same period of the previous year. - FY2025-H1Upfront investment costs absorbed by sales growthAnnual report
「In terms of profit, although costs related to expanding the training facilities and recruitment-related investment costs were incurred, they were absorbed by revenue growth, and profit exceeded the year-earlier level.」
Although costs associated with expanding the training facility and recruitment-related investment costs were incurred, the increase in expenses was absorbed by sales growth, and profit exceeded the level of the same period of the previous year. - FY2025-Q1Higher recruitment-related investment costsAnnual report
「Operating profit declined 0.6% year on year because selling, general and administrative expenses increased due to higher recruitment-related investment costs, in addition to costs associated with expanding the Higashi-Nihon Learning Center, a training facility.」
It was stated that higher recruitment-related investment costs, together with costs associated with expanding the training facility, pushed up selling, general and administrative expenses. - FY2024-Q2Specific recruitment investmentAnnual report
「Selling, general and administrative expenses increased because the company increased staff and made recruitment investments, including recruitment advertising, while travel and transportation expenses and other costs increased as recruitment and sales activities recovered.」
Regarding upfront human capital investment, the company explicitly disclosed staff increases and recruitment investments, including recruitment advertising, as well as higher travel and transportation expenses and other costs accompanying the recovery in recruitment and sales activities. - FY2024-Q1Higher expenses accompanying the recovery in recruitment and sales activitiesAnnual report
「In addition, personnel expenses decreased because the number of new graduate engineers joining the Company in April declined from the previous year, and referral fees decreased because of delays in experienced hiring. However, selling, general and administrative expenses increased slightly as recruitment expenses, travel and transportation expenses, and other costs rose with the recovery in recruitment and sales activities.」
The company disclosed lower expenses resulting from the year-on-year decline in the number of newly graduated engineers and delays in the progress of experienced hiring, alongside higher recruitment, travel and transportation expenses and other costs as recruitment and sales activities recovered. - FY2023Higher expenses accompanying the recovery in recruitment and sales activitiesAnnual report
「Meanwhile, although labor costs under selling, general and administrative expenses declined, these expenses increased slightly as recruitment and sales activities recovered, resulting in higher recruitment, travel and transportation expenses and other costs.」
While labor costs declined as assignments of unassigned personnel progressed, selling, general and administrative expenses increased slightly because recruitment, travel and transportation expenses and other costs rose as recruitment and sales activities recovered. - FY2023-Q2Higher expenses accompanying the recovery in recruitment and sales activitiesAnnual report
「In terms of profit, the company records labor costs for engineers not yet assigned to customer companies under selling, general and administrative expenses, and costs after assignment under cost of sales. As assignments of unassigned personnel progressed, labor costs under selling, general and administrative expenses decreased and cost of sales increased. Meanwhile, although labor costs under selling, general and administrative expenses declined, the expenses increased slightly as recruitment and sales activities recovered, resulting in higher recruitment, travel and transportation expenses and other costs.」
As assignments of unassigned personnel progressed, labor costs under selling, general and administrative expenses decreased and cost of sales increased. Meanwhile, recruitment, travel and transportation expenses and other costs increased as recruitment and sales activities recovered, resulting in a slight increase in selling, general and administrative expenses. - FY2023-Q1Lower labor costs due to fewer newly graduated engineers year on year and assignment progressAnnual report
「In terms of profit, the company records labor costs for engineers not yet assigned to customer companies under selling, general and administrative expenses, and costs after assignment under cost of sales. As assignments of unassigned personnel progressed, selling, general and administrative expenses decreased and cost of sales increased. In addition, labor costs and other expenses decreased because the number of newly graduated engineers who joined the company in April 2022 declined from the previous year.」
As assignments of unassigned personnel progressed, the classification of labor costs changed. Labor costs and other expenses also decreased because the number of newly graduated engineers who joined in April 2022 declined from the previous year. - FY2022Assignment progress and explicit IT infrastructure and staff investmentAnnual report
「In terms of profit, the company made investments in infrastructure, including IT, as well as staff increases associated with the growing number of engineers. With respect to engineers' labor costs, the company records costs for personnel not yet assigned to customer companies under selling, general and administrative expenses, and costs after assignment under cost of sales. As assignments of unassigned personnel progressed, selling, general and administrative expenses decreased and cost of sales increased.」
In addition to upfront human capital investment, the company explicitly disclosed investment in infrastructure, including IT, and increases in staff. As assignments of unassigned personnel progressed, the classification of labor costs also changed from selling, general and administrative expenses to cost of sales. - FY2022-Q3AdvancedAnnual report
「With respect to engineers' labor costs, the company records costs for personnel not yet assigned to customer companies under selling, general and administrative expenses, and costs after assignment under cost of sales. As assignments of unassigned personnel progressed, selling, general and administrative expenses decreased and cost of sales increased.」
As assignments of unassigned personnel progressed, the expense classification of labor costs changed from selling, general and administrative expenses to cost of sales. - FY2022-Q2Continued assignment delays and earlier assignment of newly graduated engineersAnnual report
「The company had planned to complete the assignments during the first half of the year for unassigned newly graduated and experienced engineers who joined in 2020, but some assignments were pushed back to the second half. Meanwhile, although the company had initially planned to assign newly graduated engineers who joined in 2021 during the fourth quarter, assignments progressed ahead of schedule during the first half.」
Regarding assignments related to upfront human capital investment, some employees who joined the company in 2020 were assigned in the second half, later than planned, while assignments of newly graduated engineers who joined in 2021 progressed ahead of the fourth-quarter plan, during the first half. - FY2021Unabsorbed costs due to assignment progress of approximately 50%Annual report
「In terms of profit, the assignment of newly graduated and experienced engineers who joined the company in 2020 was delayed compared with previous years, with progress at approximately 50%. Although labor costs for unassigned personnel were recorded under selling, general and administrative expenses, the company promoted teleworking in company-wide recruitment and sales activities and reduced travel and transportation expenses, meeting expenses and other costs. In addition, reductions in recruitment and advertising expenses resulted in a profit margin at the same level as in the same period of the previous year.」
Assignment progress for newly graduated and experienced engineers who joined the company in 2020 remained at approximately 50%, and labor costs for unassigned personnel were recorded under selling, general and administrative expenses. Meanwhile, reductions in teleworking-related costs, recruitment expenses, advertising expenses and other costs kept the profit margin at the same level as in the same period of the previous year. - FY2021-Q3Unabsorbed labor costs for newly graduated engineersAnnual report
「In terms of profit, travel and transportation expenses, meeting expenses and other costs declined as the company promoted teleworking among staff in recruitment and sales activities. However, sales growth slowed partly because the assignment of newly graduated engineers who joined the company in April 2020 was delayed, preventing the company from absorbing their labor costs and resulting in lower profit.」
It stated that sales growth slowed because the assignment of newly graduated engineers who joined the company in April 2020 was delayed, preventing the company from absorbing their labor costs and resulting in lower profit. - FY2020RestatedAnnual report
「As upfront investment, the company improved employee compensation, increased recruitment costs, increased staff numbers and the number of newly graduated engineers hired, and expanded and operated its education and training facilities. As a result, cost of sales, selling, general and administrative expenses increased, but the increase was absorbed by higher net sales, and profit exceeded the level of the same period of the previous year.」
The company continued its upfront investment in improving employee compensation, hiring and staff increases, and expanding and operating education and training facilities. It stated that the increase in expenses was absorbed by higher net sales. - FY2020-Q3RestatedAnnual report
「As upfront investment, the company improved employee compensation, increased recruitment costs to strengthen hiring, increased staff numbers and the number of newly graduated engineers hired, and expanded and operated its education and training facilities. As a result, cost of sales, selling, general and administrative expenses increased, but the increase was absorbed by higher net sales, and profit exceeded the level of the same period of the previous year.」
The company continued its upfront investment in improving employee compensation, hiring and staff increases, and expanding and operating education and training facilities. It stated that the resulting increase in expenses was absorbed by higher net sales, and that profit exceeded the level of the same period of the previous year. - FY2020-Q2RestatedAnnual report
「As upfront investment, the company improved employee compensation, increased recruitment costs to strengthen hiring, increased staff numbers and the number of newly graduated engineers hired, and expanded and operated its education and training facilities. As a result, cost of sales, selling, general and administrative expenses increased in the first quarter. During the six-month period ended the second quarter, however, the increase in these expenses was absorbed by higher net sales, and profit exceeded the level of the same period of the previous year.」
The company continued its upfront investment in improving employee compensation, hiring and staff increases, and expanding and operating education and training facilities. It stated that the resulting increase in expenses was absorbed by higher net sales during the six-month period ended the second quarter. - FY2020-Q1First statedAnnual report
「As upfront investments, we improved employee compensation, increased recruitment costs to strengthen hiring, increased staff numbers and the number of newly graduated engineers hired, and expanded and operated our education and training facilities. As a result, cost of sales and selling, general and administrative expenses increased.」
The company disclosed for the first time that improving employee compensation was part of its upfront investment.