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and ST HD (2685) · InitiativeRestated

Improving Employee Compensation

First written in FY2024-Q1. 6 of 7 entries say "Restated". Latest entry: FY2027-H1.

7entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2024-Q1 – FY2027-H12023: 220232024: 220242025: 120252026: 22026
Same theme, other companies
Increases in labor and outsourcing costs due to improved employee compensationA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Restated".

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  1. FY2027-H1RestatedAnnual report

    「Although total SG&A expenses increased due to higher personnel expenses resulting from improved employee compensation and higher store rent associated with sales growth, the SG&A ratio improved 0.3 percentage points year on year to 49.5% due to more efficient promotions.」

    The Company continued its improvements to employee compensation and cited them as a factor behind the increase in personnel expenses. The SG&A ratio improved by 0.3 percentage points year on year due to greater promotional efficiency and other factors.
  2. FY2026RestatedAnnual report

    「Selling, general and administrative expenses increased in absolute terms due to advertising and promotional expenses for strengthening promotions and opening flagship stores, personnel expenses from improving employee compensation, and depreciation associated with opening new stores and M&A, among other factors.」

    The Company continued its improvements to employee compensation and cited them as a factor behind the increase in personnel expenses.
  3. FY2025RestatedAnnual report

    「To ensure an appropriate balance across the Board of Directors as a whole, the Company comprises the Board of Directors of diverse directors with different backgrounds, including areas of expertise and experience. It has also introduced an executive officer system to separate management from execution.」

    While continuing to improve employee compensation, the Company cited the development of management and succession personnel, the executive officer system, and the securing of diverse talent as the foundations of its human resources.
  4. FY2025-H1RestatedAnnual report

    「SG&A expenses increased due to higher personnel expenses, store rent and delivery costs resulting from improved employee compensation and sales growth, and the SG&A ratio rose 0.2 percentage points year on year to 48.8%.」

    The Company continued its improvements to employee compensation and cited them as a factor behind increases in personnel and other expenses.
  5. FY2025-Q1RestatedAnnual report

    「SG&A expenses increased due to higher personnel expenses, store rent and delivery costs resulting from improved employee compensation and sales growth, and the SG&A ratio rose 0.2 percentage points year on year to 48.1%.」

    The Company continued its improvements to employee compensation and cited them as a factor behind the increase in personnel expenses.
  6. FY2024-Q2RestatedAnnual report

    「SG&A expenses increased due to higher personnel expenses, store rent and credit card fees resulting from improved employee compensation and sales growth. However, the SG&A ratio improved 2.2 percentage points year on year to 48.6% due to the effect of higher sales, and operating profit grew substantially, increasing 85.1% year on year.」

    The Company continued to implement improvements to employee compensation and cited them as a factor behind the increase in personnel expenses.
  7. FY2024-Q1First statedAnnual report

    「SG&A expenses increased due to higher personnel expenses, store rent and delivery costs resulting from improved employee compensation and sales growth. However, the SG&A ratio improved 1.6 percentage points year on year to 47.9% due to the effect of higher sales, and operating profit grew substantially, increasing 37.2% year on year.」

    The Company implemented improvements to employee compensation and cited them as a factor behind the increase in personnel expenses.
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Improving Employee Compensation | and ST HD Co.,Ltd. (2685) | Komori