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CVS Bay Area (2687) · FactConsolidated employees declined from 240 to 205

Significant Decline in Employee Numbers Following the Convenience-Store Business Restructuring

First written in FY2019-Q1. . Latest entry: FY2023.

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ProgressHeldSoftenedWorseOtherFY2019-Q1 – FY20232018: 220182019: 220192020: 120202021: 020212022: 120222023: 12023
Same theme, other companies
Decline in Employee Numbers Due to MBOs and Changes in the Scope of ConsolidationA theme 12 companies write about · 12 as a headwind · 0 as a tailwind

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  1. FY2023Consolidated employees declined from 240 to 205Annual report

    「As of 28 February 2023, the number of employees was 205, representing personnel employed, including employees seconded from other companies to the company group.」

    Consolidated employee numbers decreased from 240 at the end of the previous fiscal year to 205.
  2. FY2022Consolidated employee numbers changed from 315 to 240Annual report

    「As of 28 February 2022, the number of employees was 240, representing personnel employed, including employees seconded from other companies to the company group.」

    Consolidated employee numbers decreased from 315 at the end of the previous fiscal year to 240.
  3. FY2020Consolidated employee numbers changed from 324 to 315Annual report

    「As of 29 February 2020, the number of employees was 315, representing personnel employed, including employees seconded from other companies to the company group.」

    Consolidated employee numbers decreased from 324 at the end of the previous fiscal year to 315.
  4. FY2019Consolidated employee numbers changed from 321 to 324Annual report

    「As of 28 February 2019, the number of employees was 324, representing personnel employed, including employees seconded from other companies to the company group.」

    Consolidated employee numbers at fiscal year-end were 324. The company disclosed that employee numbers remained substantially lower due to the reduction in the scale of the business following the absorption-type company split of the convenience-store business.
  5. FY2019-Q3Employee numbers changed from 326 to 321Annual report

    「During the nine months ended the third quarter of the current consolidated fiscal year, the number of employees in the company group was 321, a decrease of 174 from the end of the previous consolidated fiscal year. This was mainly due to a significant reduction in the scale of the business accompanying the absorption-type company split of the convenience-store business. Employee numbers represent the number of personnel employed. The average number of part-time and temporary employees during the nine months ended the third quarter, converted to an 8-hour workday, was 1,052, a decrease of 511 from the end of the previous consolidated fiscal year.」

    Following the reorganisation of the convenience-store business, employee numbers were 321, down 174 from the end of the previous fiscal year. Part-time and temporary employees numbered 1,052, down 511 from the end of the previous fiscal year.
  6. FY2019-Q2Employee numbers changed from 334 to 326Annual report

    「During the six months ended the second quarter of the current consolidated fiscal year, the number of employees in the company group was 326, a decrease of 169 from the end of the previous consolidated fiscal year. This was mainly due to a significant reduction in the scale of the business accompanying the absorption-type company split of the convenience-store business. Employee numbers represent the number of personnel employed. The average number of part-time and temporary employees during the six months ended the second quarter, converted to an 8-hour workday, was 1,049, a decrease of 514 from the end of the previous consolidated fiscal year.」

    Following the reorganisation of the convenience-store business, employee numbers were 326, down 169 from the end of the previous fiscal year. Part-time and temporary employees numbered 1,049, down 514.
  7. FY2019-Q1First statedAnnual report

    「During the first quarter of the current consolidated fiscal year, the number of employees in the company group was 334, a decrease of 161 from the end of the previous consolidated fiscal year. This was mainly due to a significant reduction in the scale of the business accompanying the absorption-type company split of the convenience-store business.」

    The number of employees fell to 334, a decrease of 161 from the end of the previous fiscal year, following the absorption-type company split and reduction in the scale of the convenience-store business.
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Significant Decline in Employee Numbers Following the Convenience-Store Business Restructuring | CVS Bay Area Inc. (2687) | Komori