Komori
Tokai Senko K.K. (3577) · InitiativeAdvanced

Improving Working Conditions for Childcare Workers

First written in FY2017-Q1. 8 of 12 entries say "Restated". Latest entry: FY2022.

12entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2018-Q3RestatedFY2019-Q2 – FY2019AdvancedFY2020 – FY20222016: 220162017: 320172018: 320182019: 220192020: 120202021: 020212022: 12022
Same theme, other companies
Improving Childcare Worker Compensation and Raising SalariesA theme 2 companies write about · 1 as a headwind · 1 as a tailwind

0 other companies' latest entry also says "Advanced".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2022AdvancedAnnual report

    「In addition, as a result of promoting work-style reforms, the company reduced new recruitment costs through a decline in employee departures, resulting in」

    The response to the shortage of childcare workers has produced benefits beyond compensation and recruitment, including fewer employee departures and lower recruitment costs through work-style reforms.
  2. FY2020AdvancedAnnual report

    「In addition to strengthening recruitment to address the chronic shortage of childcare workers, the company will implement employee training and work-style reforms to improve retention, and will focus on maintaining and further improving the quality of childcare, a strength of its subsidiary.」

    Measures to address the shortage of childcare workers have expanded beyond stronger recruitment to include employee training, work-style reforms, improved retention and maintaining the quality of childcare.
  3. FY2019RestatedAnnual report

    「However, operating profit was ¥18 million, down 68.1% from the previous fiscal year, or ¥38 million, due to higher labor and recruitment costs resulting from the persistent shortage of childcare workers.」

    Higher labor and recruitment costs resulting from the shortage of childcare workers have continued to weigh on profit in the childcare services business.
  4. FY2019-Q3RestatedAnnual report

    「However, operating profit was ¥8 million, down 14.9% year on year, or ¥1 million, due to higher labor and recruitment costs resulting from the shortage of childcare workers.」

    While recruitment has continued in response to the shortage of childcare workers, higher labor and recruitment costs are weighing on profit in the childcare services business.
  5. FY2019-Q2RestatedAnnual report

    「However, operating profit was ¥7 million, down 13.4% year on year, or ¥1 million, due to persistently high recruitment costs and higher labor costs resulting from increased staffing to address the shortage of childcare workers.」

    Although measures to increase staffing in response to the shortage of childcare workers have continued, higher recruitment and labor costs are weighing on profit.
  6. FY2019-Q1AdvancedAnnual report

    「Labor costs increased due to an increase in the number of employees and base-pay increases implemented to improve compensation.」

    The company explicitly stated that it had implemented base-pay increases as a measure to secure childcare staff and improve compensation.
  7. FY2018-Q3RestatedAnnual report

    「However, expenses increased as the company continued improving compensation for childcare workers and recruiting staff with a view to expanding the business, resulting in」

    The company has continued improving compensation for childcare workers and recruiting staff with a view to expanding the business.
  8. FY2018-Q1RestatedAnnual report

    「The business has also been actively improving compensation for childcare workers and recruiting staff to secure a stable workforce, and costs have increased, although」

    The company has continued improving compensation for childcare workers and recruitment efforts as measures to secure a stable workforce.
  9. FY2017RestatedAnnual report

    「Costs increased as the company actively improved compensation for childcare workers and pursued recruitment to ensure a stable supply of childcare staff.」

    The company has continued improving compensation for childcare workers and recruitment efforts as measures to secure and retain a stable workforce.
  10. FY2017-Q3RestatedAnnual report

    「Costs increased as the company actively improved compensation for childcare workers and continued recruitment efforts to secure and retain staff, resulting in lower profit in the current quarter.」

    In addition to improving compensation for childcare workers, the company has continued recruitment efforts aimed at securing and retaining staff.
  11. FY2017-Q2RestatedAnnual report

    「Meanwhile, in terms of profit, expenses related to business expansion, including the opening of new childcare centers, have come first. The company has also been improving compensation for childcare workers and working to reduce expenses through efficient operations, but profit declined in the current quarter.」

    While expenses for opening new childcare centers have come first, the company has continued to improve compensation for childcare workers and reduce expenses through efficient operations.
  12. FY2017-Q1First statedAnnual report

    「In terms of profit, the company has been improving compensation for childcare workers and working to reduce expenses through efficient operations, but profit declined in the current quarter.」

    The company explicitly stated for the first time that it was taking steps to improve compensation for childcare workers in its childcare services business.
Moved together

"Expansion of the Childcare Services Business" moved the same way as this thread, in the same document, in 3 of its 12 moves.

333222★123456
  1. ★This thread
  2. 1Expansion of the Childcare Services Business3×
  3. 2Launch of a Laundry Business and Expansion in Japan and Overseas3×
  4. 3Revenue Growth in the Childcare Services Business3×
  5. 4Improving the Profitability of the Domestic Dyeing and Finishing Business2×
  6. 5Securing a profit in the warehousing business amid declining business volume in domestic dyeing and processing2×
  7. 6Reducing Dependence on Heavy Fuel Oil Through Biomass Utilization2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tokai Senko K.K. yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving Working Conditions for Childcare Workers | Tokai Senko K.K. (3577) | Komori