Increase in Personnel Expenses Accompanying Business Expansion
First written in FY2023-Q1. 6 of 9 entries say "Restated". Latest entry: 2026-08-14.
Creal moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- 2026-08-14WorsenedEarnings
「In addition, headcount continued to expand as the business grew, resulting in higher selling, general and administrative expenses.」
人員拡充に伴う販売費及び一般管理費の増加が続き、前年同期比で増収増益から営業損失・経常損失・四半期純損失へ変化している。 - FY2026WorsenedAnnual report
「Selling, general and administrative expenses amounted to ¥4,857.370 million, mainly due to advertising expenses for acquiring registered members of the real estate fund online marketplace “CREAL” and an increase in personnel expenses associated with business expansion.」
Personnel expenses continued to increase in line with business expansion, and selling, general and administrative expenses increased from ¥3,698.025 million in the previous fiscal year to ¥4,857.370 million. - 2026-05-15RestatedRevision of earnings forecasts
「一方で、事業拡大に伴い人員の拡充が進み、販売費及び一般管理費が大きく増加いたしました。」
人員拡充に伴う販売費及び一般管理費の増加を、引き続きコスト要因として記載している。 - FY2025-H1RestatedAnnual report
「Meanwhile, the workforce has been expanded in line with business growth, including upfront investment, resulting in a substantial increase in personnel expenses.」
The company continues to identify the increase in personnel expenses associated with workforce expansion as a cost factor affecting earnings. - FY2024RestatedAnnual report
「Meanwhile, the workforce has been expanded in line with business growth, including upfront investment, resulting in a substantial increase in personnel expenses.」
The company continues to identify the increase in personnel expenses associated with workforce expansion as a cost factor affecting earnings. - FY2024-Q3RestatedAnnual report
「Meanwhile, the workforce has been expanded in line with business growth, including upfront investment, resulting in a substantial increase in personnel expenses.」
The company continues to identify the significant increase in personnel expenses associated with workforce expansion as a cost factor affecting earnings. - FY2024-Q2RestatedAnnual report
「Meanwhile, the workforce has been expanded in line with business growth, including upfront investment, resulting in a substantial increase in personnel expenses.」
The company continues to identify the significant increase in personnel expenses associated with workforce expansion as a cost factor affecting earnings. - FY2024-Q1RestatedAnnual report
「Meanwhile, the workforce has been expanded in line with business growth, including upfront investment, resulting in a substantial increase in personnel expenses.」
The company continues to identify the significant increase in personnel expenses associated with workforce expansion as a cost factor affecting earnings. - FY2023-Q1MaterialisedAnnual report
「Workforce expansion, including upfront investment, progressed in line with business expansion, resulting in a significant increase in personnel expenses.」
The company identifies the increase in personnel expenses associated with workforce expansion as a cost factor that actually arose during the quarter.