Decline in Gross Margin Due to Higher Social and Employment Insurance Costs
First written in FY2016-Q3. 11 of 13 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 8 of 15 companies on the "Worse" side.
45 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「In addition, the social insurance and employment insurance costs borne by the group may increase in the future due to amendments to relevant laws and regulations or changes in social conditions, which could affect the group's business performance.」
The company continues to disclose the possibility of higher social insurance and employment insurance costs as a risk arising from amendments to laws and regulations or changes in social conditions. - FY2021RestatedAnnual report
「Meanwhile, in the human resources solutions business, the cost of sales increased 13.2% year on year as the company proactively increased staff deployment in line with revenue growth, and the gross margin on net sales declined by 0.2 percentage points from the previous fiscal year.」
The company discloses the increase in cost of sales accompanying the greater deployment of temporary staff and a 0.2-percentage-point decline in the gross profit margin. - FY2021-Q3RestatedAnnual report
「In terms of earnings, the cost of sales, including social insurance costs, increased as the retention rate of temporary staff improved. However, profit increased due to higher revenue and efforts to operate branches efficiently.」
The company reaffirms the increase in costs, including social insurance costs, accompanying the improved retention rate of temporary staff, while profit increased due to higher revenue and efficient branch operations. - FY2021-Q2RestatedAnnual report
「In terms of earnings, the cost of sales, including social insurance costs, increased as the retention rate of temporary staff improved. However, profit increased due to higher revenue and efforts to operate branches efficiently and contain recruitment expenses.」
The company continues to describe the increase in cost of sales, including social insurance costs, accompanying the improved retention rate of temporary staff, while profit increased due to higher revenue and cost controls. - FY2019RestatedAnnual report
「As the retention rate of temporary staff improved with the expansion of group-based staffing, social insurance and employment insurance costs and the number of paid leave days taken increased. Consequently, the gross margin on net sales declined by 0.2 percentage points from the previous fiscal year.」
The company continues to disclose the increase in social insurance and employment insurance costs and paid leave days taken accompanying the improved retention rate of temporary staff, as well as the decline in the gross profit margin. - FY2018WorsenedAnnual report
「Meanwhile, in the human resources solutions business, billing rates continued to rise due to tight supply and demand. However, social insurance and employment insurance costs for temporary staff and the number of paid leave days taken increased as assignments became longer, causing the gross margin on net sales to decline by 0.4 percentage points from the previous fiscal year.」
The increase in social insurance and employment insurance costs, together with the increase in paid leave days taken, is explicitly stated, and the gross margin on net sales is quantified as having declined by 0.4 percentage points. - FY2018-Q3RestatedAnnual report
「The gross profit margin declined slightly due to higher social insurance costs and other factors. Selling, general and administrative expenses, particularly personnel costs, increased as the number of locations grew and the organization was strengthened to support business expansion. However, operating profit increased due to the effect of higher revenue.」
The company continues to disclose the decline in the gross profit margin due to social insurance costs and the increase in personnel and selling, general and administrative expenses associated with business expansion. - FY2018-Q2RestatedAnnual report
「In terms of earnings, the gross profit margin declined slightly due to higher social insurance costs and other factors. Selling, general and administrative expenses, particularly personnel costs, increased as the number of locations grew and the organization was strengthened to support business expansion. However, operating profit increased due to the effect of higher revenue.」
The company continues to describe the decline in the gross profit margin due to higher social insurance costs and the increase in personnel and selling, general and administrative expenses accompanying the expansion of its locations and business. - FY2018-Q1RestatedAnnual report
「In terms of earnings, the gross profit margin declined slightly due to higher social insurance costs and other factors. Selling, general and administrative expenses, particularly personnel costs, increased as the number of locations grew and the organization was strengthened to support business expansion. However, operating profit increased due to the effect of higher revenue.」
The company continues to disclose the decline in the gross profit margin due to higher social insurance costs and the increase in personnel and selling, general and administrative expenses accompanying business expansion. - FY2017-Q3RestatedAnnual report
「The expansion of coverage for social insurance in October last year increased social insurance costs and lowered the gross profit margin. In addition, personnel costs increased as the organization was strengthened to support business expansion, although」
The company continues to disclose the decline in the gross profit margin due to higher social insurance costs and the increase in personnel costs resulting from organizational strengthening. - FY2017-Q2RestatedAnnual report
「The expansion of coverage for social insurance in October last year increased social insurance costs and lowered the gross profit margin. In addition, personnel costs increased as the organization was strengthened to support business expansion, although」
The company continues to disclose the decline in the gross profit margin due to higher social insurance costs and the increase in personnel costs resulting from organizational strengthening. - FY2017-Q1RestatedAnnual report
「The expansion of coverage for social insurance in October last year increased social insurance costs and lowered the gross profit margin. In addition, personnel costs increased as the organization was strengthened to support business expansion.」
The company continues to disclose the increase in costs resulting from the expansion of social insurance coverage and the resulting decline in the gross profit margin. - FY2016-Q3First statedAnnual report
「In terms of earnings, the gross profit margin declined slightly due to increased social insurance and employment insurance costs. However, the company was able to contain the increase in selling, general and administrative expenses by operating its locations efficiently.」
The company states that higher personnel-related costs were reflected in a decline in the gross profit margin.