Profit decline due to initial costs for new M&A and higher fixed costs
First written in FY2017-Q3. 2 of 4 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018DroppedAnnual reportThe reduction in profit due to startup costs and higher fixed costs associated with new M&A, which had been mentioned through the previous fiscal year, is not explicitly identified as a major factor in the current fiscal year’s performance explanation.
- FY2018-Q3RestatedAnnual report
「Although fixed costs at the Marugo facility increased, the business as a whole recorded higher revenue and higher profit.」
Although fixed costs at the Marugo facility continued to increase, the construction materials business as a whole recorded higher revenue and higher profit. - FY2017RestatedAnnual report
「At エスイー鉄建株式会社, strong sales from the steel-frame division at the 丸互 site, acquired through the company split, contributed to segment sales and profit. Profit nevertheless declined due to initial costs incurred when launching the new M&A business and higher fixed costs.」
This reconfirms that startup costs and higher fixed costs associated with new M&A reduced full-year profit. - FY2017-Q3MaterialisedAnnual report
「At エスイー鉄建株式会社, sales from the steel-frame division at the 丸互 site acquired through the company split contributed to results. Profit declined, however, due in part to initial costs incurred when launching the new M&A business and increased fixed costs.」
Initial costs and higher fixed costs associated with launching new M&A actually arose as factors reducing profit in the construction materials business.