Decline in Operating Profit Due to Foundational Data Investment and Head Office Renovation-Related Expenses
First written in FY2019-Q1. . Latest entry: FY2026.
The whole theme swung hardest in 2026: 19 of 79 companies on the "Worse" side.
33 other companies' latest entry also says "Other".
- FY2026Decrease in full-year capital investmentAnnual report
「The main capital expenditures during the consolidated fiscal year consisted of the maintenance and improvement of business support systems and the development of new functions. Total investment amounted to ¥37.356 million, including intangible assets.」
Capital expenditures on the maintenance and improvement of business support systems, development of new functions and other items amounted to ¥37.356 million, down from ¥55.995 million in the previous fiscal year. - FY2025Decrease in full-year capital investmentAnnual report
「The main capital expenditures during the consolidated fiscal year consisted of the maintenance and improvement of business support systems and the development of new functions. Total investment amounted to ¥55.995 million, including intangible assets.」
Capital expenditures on the maintenance and improvement of business support systems, development of new functions and other items amounted to ¥55.995 million, down from ¥123.772 million in the previous fiscal year. - FY2025-H1Update to interim investment expenditure and investment securities acquisitionsAnnual report
「Cash flows from investing activities resulted in an outflow of ¥74.028 million, up 0.7% year on year. The main negative factor was an outflow of ¥87.550 million for the acquisition of investment securities.」
Cash flows from investing activities resulted in an outflow of ¥74.028 million, including ¥87.550 million spent on the acquisition of investment securities. - FY2024Update to full-year capital expenditure scaleAnnual report
「The main capital expenditures during the consolidated fiscal year consisted of the maintenance and improvement of business support systems and the development of new functions. Total investment amounted to ¥123.772 million, including intangible assets.」
Capital expenditures on the maintenance and improvement of business support systems, development of new functions and other items amounted to ¥123.772 million, down from ¥157.553 million in the previous fiscal year. - FY2024-Q2Update to cumulative second-quarter fixed asset investment expenditureAnnual report
「Cash flows from investing activities resulted in an outflow of ¥71.029 million, down 89.1% year on year. The main negative factor was an outflow of ¥69.376 million for the acquisition of property, plant and equipment.」
Cumulative second-quarter cash flows from investing activities resulted in an outflow of ¥71.029 million, including expenditure of ¥69.376 million for the acquisition of property, plant and equipment and ¥32.717 million for the acquisition of intangible assets, among other items. - FY2023Increase in capital investmentAnnual report
「The main capital expenditures during the consolidated fiscal year consisted of the maintenance and improvement of business support systems and the development of new functions. Total investment amounted to ¥157.553 million, including intangible assets.」
Capital expenditures on the maintenance and improvement of business support systems, development of new functions and other items amounted to ¥157.553 million, up from ¥100.481 million in the previous fiscal year. Investing expenditure of ¥581.810 million was also incurred for the acquisition of Inspiration株式会社. - FY2023-Q2Investing expenditure incurred for the acquisition of a subsidiaryAnnual report
「Cash flows from investing activities resulted in an outflow of ¥651.604 million, up 181.8% year on year. The main negative factor was an outflow of ¥581.810 million for the acquisition of shares in a subsidiary, which involved a change in the scope of consolidation.」
Following the acquisition of Inspiration株式会社 as a subsidiary, an outflow of ¥581.810 million was incurred for the acquisition of shares in a subsidiary involving a change in the scope of consolidation, and cash flows from investing activities resulted in an outflow of ¥651.604 million. - FY2022Update on capital investment and investment securities acquisitionsAnnual report
「Cash used in investing activities amounted to ¥300.141 million (compared with cash provided of ¥110.559 million in the previous fiscal year). This was mainly attributable to ¥193.267 million in payments for the acquisition of investment securities and ¥55.431 million in payments for the acquisition of intangible assets.」
Cash outflows from investing activities amounted to ¥300.141 million, including ¥193.267 million for the acquisition of investment securities and ¥55.431 million for the acquisition of intangible assets. Capital expenditures on business support systems and other items totaled ¥100.481 million. - FY2022-Q3Increase in investment securitiesAnnual report
「Fixed assets totaled ¥1,374.539 million, an increase of ¥231.072 million from the end of the previous fiscal year. This was mainly due to a ¥164.899 million increase in investment securities.」
Fixed assets increased by ¥231.072 million from the end of the previous fiscal year, mainly due to a ¥164.899 million increase in investment securities. - FY2022-Q2Increase in intangible assets and investment securitiesAnnual report
「Fixed assets totaled ¥1,350.622 million, an increase of ¥207.154 million from the end of the previous fiscal year. This was mainly due to increases of ¥127.785 million in investment securities and ¥41.905 million in software.」
Fixed assets increased by ¥207.154 million from the end of the previous fiscal year, mainly due to increases of ¥127.785 million in investment securities and ¥41.905 million in software. - FY2022-Q1Increase in intangible assetsAnnual report
「This was mainly due to an ¥84.824 million increase in intangible assets.」
The increase in fixed assets at the end of the first quarter was attributed to an ¥84.824 million increase in intangible assets. - FY2021Increase in capital investmentAnnual report
「The main capital investments during the fiscal year were the maintenance and improvement of business support systems and the development of new functions. Total investment amounted to ¥109.543 million, including intangible assets.」
Capital investment in the maintenance and improvement of business support systems and the development of new functions amounted to ¥109.543 million, up from ¥53.058 million in the previous fiscal year. - FY2021-Q2Increase in cumulative investment spending through the second quarterAnnual report
「Cash flows from investing activities resulted in an outflow of ¥147.490 million, up 174.7% year on year. The main negative factors were outflows of ¥76.054 million for the acquisition of property, plant and equipment and ¥36.763 million for the acquisition of intangible assets.」
Cumulative cash flows from investing activities through the second quarter resulted in an outflow of ¥147.490 million, including ¥76.054 million spent on property, plant and equipment and ¥36.763 million on intangible assets. - FY2020Update to capital expenditure scaleAnnual report
「The main capital investments during the fiscal year were the maintenance and improvement of business support systems and the development of new functions. Total investment amounted to ¥53.058 million, including intangible assets.」
The company invested ¥53.058 million in the maintenance and improvement of business support systems and the development of new functions. This was down from total capital investment of ¥151.468 million in the previous fiscal year. - FY2020-Q2Absorption of most of the burden of basic data investmentAnnual report
「Demand for various support systems for the automotive distribution industry remained solid, as in the previous fiscal year, while usage-based fees and other charges for systems serving the automotive finance industry also increased. As a result, the company absorbed most of the increase in system costs from investment in basic data, resulting in higher revenue and profit year on year.」
Higher demand for systems serving the automotive distribution industry and increased usage-based fees for automotive finance systems absorbed most of the increase in system costs associated with basic data investment, resulting in higher revenue and profit. - FY2019Update on the content and scale of capital investmentAnnual report
「The main capital investments during the fiscal year were the maintenance and improvement of business support systems and the development of new functions. Total investment amounted to ¥151.468 million, including intangible assets.」
Total capital investment during the fiscal year was ¥151.468 million, allocated to the maintenance and improvement of business support systems, development of new functions, renovation of the head office building, replacement of the data center and other purposes. - FY2019-Q3Continued impact of investment and renovation costsAnnual report
「Head office renovation-related expenses continued to be incurred. Although the year-on-year increase in system costs from investment in basic data was kept below the initial forecast, operating profit and ordinary profit decreased 5.1% year on year, while ordinary profit decreased 0.5%.」
Head office renovation-related expenses continued to be incurred. Although the year-on-year increase in system costs from investment in basic data was kept below the initial forecast, operating profit decreased 5.1% year on year and ordinary profit decreased 0.5%. - FY2019-Q2Continued impact of investment and renovation costsAnnual report
「Although revenue increased, operating profit declined because investment related to basic data increased system costs and head office renovation-related expenses were incurred.」
As in the previous quarter, higher system costs from investment in basic data and head office renovation-related expenses contributed to the decline in operating profit. Revenue increased 5.0% year on year, while operating profit was ¥140.961 million, down 5.6%. - FY2019-Q1First statedAnnual report
「Although revenue increased, operating profit declined because investment related to basic data increased system costs and head office renovation-related expenses were incurred.」
Although revenue increased, higher system costs from investment in basic data and head office renovation-related expenses contributed to the decline in operating profit.