Continuing Business Operations by Reducing Executive Compensation
First written in FY2021-Q2. 2 of 3 entries say "Restated". Latest entry: FY2022-Q2.
The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「As in the previous fiscal year, the company has implemented measures to continue business operations, including reducing employees' working hours, using employment adjustment subsidies, reducing assets by restraining capital investment, reducing selling, general and administrative expenses such as personnel costs and rent, and raising funds from financial institutions, while working to ensure that internal rules are thoroughly communicated to prevent the spread of COVID-19.」
The company continues measures such as reducing employees' working hours to continue business operations. - FY2022-Q1RestatedAnnual report
「As in the previous fiscal year, the company has implemented measures to continue business operations, including reducing employees' working hours, cutting executive compensation, using employment adjustment subsidies, reducing assets by restraining capital investment, reducing selling, general and administrative expenses such as personnel costs and rent, and raising funds from financial institutions, while working to ensure that internal rules are thoroughly communicated to prevent the spread of COVID-19.」
As in the previous fiscal year, the company has reduced executive compensation as a measure to continue business operations. - FY2021-Q2First statedAnnual report
「As revenue declined sharply, the company implemented measures to continue business operations while working to prevent the spread of COVID-19, including reducing employees' working hours, reducing executive compensation, obtaining employment adjustment subsidies, reducing assets by curbing capital investment and raising funds from financial institutions.」
Amid the impact of COVID-19, the company reduced executive compensation as a measure to continue business operations.