Higher Outsourcing Costs from an Increase in Large Research Projects
First written in FY2018-Q3. 2 of 4 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2019-Q3.
Cross Marketing Group moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2019: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2019-Q3WorsenedAnnual report
「Segment profit (operating profit) was below the level of the same quarter of the previous year, owing mainly to higher outsourcing expenses accompanying an increase in large-scale projects.」
Higher outsourcing expenses associated with large-scale projects and pressure on profits continued, and the decline in profit in the Research business widened from 6.0% year on year to 20.6% year on year. - FY2019-Q1WorsenedAnnual report
「Although sales increased due to large-scale projects won in Japan and overseas, higher outsourcing expenses caused segment profit (operating profit) to fall below the level of the same period of the previous year.」
Higher outsourcing expenses associated with large-scale projects and pressure on profits continued, and segment profit in the Research business fell 6.0% year on year. The decline widened from the 1.7% year-on-year decrease in the previous disclosure. - FY2018-Q4RestatedAnnual report
「Although sales increased due to large-scale projects won in Japan and overseas, higher outsourcing expenses caused segment profit (operating profit) to fall below the level of the same period of the previous year.」
Higher outsourcing expenses associated with large-scale projects won in Japan and overseas continued to pressure profits, and segment profit in the Research business fell 1.7% year on year. The increase in large-scale projects coexisted with pressure on profitability. - FY2018-Q3First statedAnnual report
「Segment profit (operating profit) was below the level of the same quarter of the previous year, owing mainly to higher outsourcing expenses accompanying an increase in large-scale projects.」
The increase in outsourcing expenses accompanying the increase in large-scale projects has materialized as a decline in segment profit in the Research business. The specific amount of outsourcing expenses was not disclosed.