No.1 (3562) · InitiativeRestated
Opening New Locations
First written in FY2020-Q3. 1 of 2 entries say "Restated". Latest entry: FY2020.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Sales Network Expansion Through the Opening of Stores and Sales OfficesA theme 7 companies write about · 0 as a headwind · 7 as a tailwind
1 other company's latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
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- FY2020RestatedAnnual report
「Meanwhile, selling, general and administrative expenses increased due to higher costs associated with introducing a sales support system, as well as temporary expenses and higher land and rent costs associated with opening new locations, intensified mid-career recruitment for the next fiscal year, and higher personnel costs.」
The disclosure again mentions opening new locations and the associated temporary expenses and higher land and rent costs. - FY2020-Q3First statedAnnual report
「Meanwhile, selling, general and administrative expenses increased due to temporary expenses and higher land and rent costs associated with opening new locations, as well as intensified mid-career recruitment for the next fiscal year and higher personnel costs.」
It stated for the first time that opening new locations, along with temporary expenses and higher land and rent costs, contributed to the increase in selling, general and administrative expenses.