Costs Associated with the Relocation of the Tokyo Office
First written in FY2018-Q1. 3 of 4 entries say "Restated". Latest entry: FY2018.
0 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Profit declined because personnel expenses, real estate rent and other costs increased as planned as a result of relocating and expanding the Tokyo office at the start of the fiscal year to recruit staff and increase floor space in line with the order plan, which included the projects described above that had already been secured in the previous fiscal year but had not begun.」
Higher personnel expenses, real estate rent and other costs associated with relocating and expanding the Tokyo office are cited as factors behind the decline in full-year profit. - FY2018-Q3RestatedAnnual report
「Profit declined because personnel expenses, rent, and other costs increased as planned, following the hiring of personnel and relocation of the Tokyo office at the beginning of the fiscal year to increase floor space and staffing in line with the order plan, which included the projects described above that had already been awarded in the previous fiscal year but had not started.」
Costs such as rent associated with relocating the Tokyo office increased as planned, together with personnel expenses, and continue to be cited as a factor behind the decline in profit. - FY2018-Q2RestatedAnnual report
「Meanwhile, operating profit was ¥839 million, down 25.1% year on year, due to higher personnel expenses from upfront investment in human resources and costs associated with relocating the Tokyo office, among other factors.」
Costs associated with relocating the Tokyo office, among other items, continued to be incurred and, together with upfront investment in human resources, are cited as factors behind the decline in operating profit. - FY2018-Q1First statedAnnual report
「Operating profit was ¥253 million, down 29.8% year on year, due to higher personnel expenses from upfront investment in human resources and costs associated with relocating the Tokyo office, among other factors.」
Costs associated with relocating the Tokyo office, among other items, were incurred and are cited as a factor behind the decline in operating profit in the first quarter.