Pressure on wedding business profits from higher personnel and other costs
First written in FY2017-Q1. 11 of 13 entries say "Restated". Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1MaterialisedAnnual report
「Although the average price per wedding increased, revenue was ¥9,728 million, down 5.8% year on year, due to a decrease in weddings held at existing locations. Operating profit was ¥321 million, down 61.9%, due to higher personnel expenses and other costs.」
The increase in personnel and other costs actually reduced operating profit in the wedding business, which declined 61.9% year on year. - FY2024-Q2RestatedAnnual report
「Although personnel and other costs increased, operating profit was ¥844 million, up 130.9% year on year, due to the lower selling, general and administrative expense ratio compared with the same quarter of the previous year.」
Although personnel and other costs continued to increase, operating profit in the wedding business exceeded the previous year's level due to the lower selling, general and administrative expense ratio. - FY2024-Q1RestatedAnnual report
「Operating profit was ¥377 million, up 0.3% year on year, due to higher personnel and other costs.」
Higher personnel and other costs continued to be cited as a factor putting pressure on profit in the wedding business. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in the risk of higher personnel and other costs putting pressure on profit in the wedding business. - FY2020-Q1RestatedAnnual report
「The company recorded an operating loss of ¥1 million, compared with operating profit of ¥55 million in the same quarter of the previous year, due to higher personnel costs and the opening costs of La La Chance Garden Tokyo Bay (Tokyo Branch).」
The company stated that higher personnel costs, together with the opening costs of the Tokyo Branch, reduced operating profit in the wedding business. - FY2019-Q2RestatedAnnual report
「Operating profit was ¥399 million, down 18.1% year on year, due to higher personnel costs and the opening costs of La La Chance KOBE (Kobe Branch), among other factors.」
The company stated that higher personnel costs, together with the opening costs of the Kobe Branch, reduced operating profit in the wedding business. - FY2018RestatedAnnual report
「Selling, general and administrative expenses increased by ¥914 million, or 11.4% year on year, to ¥8,920 million. This was mainly due to the opening costs of new locations and higher personnel and other costs.」
The company continued to attribute the increase in selling, general and administrative expenses to the opening costs of new locations and higher personnel and other costs. - FY2018-Q2RestatedAnnual report
「Operating profit was ¥487 million, down 28.0% year on year, due to the opening costs of Castle Garden OSAKA (Osaka Branch) and higher personnel costs, among other factors.」
The company stated that higher personnel costs, together with opening costs, reduced operating profit in the wedding business. - FY2018-Q1RestatedAnnual report
「Operating profit was ¥45 million, down 87.7% year on year, due to the opening costs of Castle Garden OSAKA (Osaka Branch) and higher personnel costs, among other factors.」
The company stated that higher personnel costs, together with the opening costs of the new facility, reduced operating profit in the wedding business. - FY2017RestatedAnnual report
「Selling, general and administrative expenses increased by ¥391 million, or 5.1% year on year, to ¥8,006 million. This was mainly due to the opening costs of new locations and higher personnel and other costs.」
The company continued to state for the full fiscal year that higher personnel and other costs, together with the opening costs of new locations, pushed up selling, general and administrative expenses and contributed to the decline in operating profit. - FY2017-Q3RestatedAnnual report
「Although the number of weddings held at existing locations increased, revenue was ¥12,483 million, up 1.2% year on year, while operating profit was ¥1,119 million, down 26.7%, due to higher personnel expenses and other costs and the incurrence of opening costs.」
The company continued to state that higher personnel and other costs led to a decrease in operating profit in the wedding business despite increases in the number of weddings held at existing locations and revenue. - FY2017-Q2RestatedAnnual report
「The number of ceremonies held at existing venues increased, but due to higher personnel and other expenses, revenue was ¥8,172 million, up 3.5% year on year, while operating profit was ¥677 million, down 16.3%.」
The company continued to state that higher personnel and other costs led to a decrease in operating profit in the wedding business despite increases in the number of weddings held at existing locations and revenue. - FY2017-Q1First statedAnnual report
「Although the number of ceremonies held at existing venues increased, revenue rose 4.6% year on year to ¥4,031 million, while operating profit fell 11.2% to ¥370 million due to higher personnel costs and other expenses.」
The increase in personnel and other costs led to a decrease in operating profit in the wedding business despite increases in the number of weddings held at existing locations and revenue.