Increase in Selling, General and Administrative Expenses Due to Higher Personnel Expenses
First written in FY2018-Q2. 9 of 21 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 10 of 19 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Decrease in selling, general and administrative expensesAnnual report
「Although the company continued to invest actively in human resources and product development, it successfully contained SG&A expenses through factors including efficient, on-schedule development of the SaaS solution “ProPlus＋.” SG&A expenses amounted to ¥1,846 million, down 3.6% year on year, compared with ¥1,916 million in the previous consolidated fiscal year.」
While continuing to invest in human resources and product development, SG&A expenses decreased 3.6% year on year due in part to progress in developing ProPlus＋. - FY2026-H1Lower R&D expenses and salaries and allowancesAnnual report
「Salaries and allowances ¥229.520 million ¥191.517 million R&D expenses ¥258.907 million ¥117.749 million」
Salaries and allowances amounted to ¥191.517 million and R&D expenses to ¥117.749 million in the current interim consolidated accounting period, down from ¥229.520 million and ¥258.907 million, respectively, in the same period of the previous year. - FY2025-H1Higher R&D expenses and salaries and allowancesAnnual report
「Salaries and allowances ¥229.520 million R&D expenses ¥258.907 million」
Salaries and allowances included in SG&A expenses for the current interim consolidated accounting period amounted to ¥229.520 million, while R&D expenses amounted to ¥258.907 million. Investment in human resources and R&D is reflected in the expense items. - FY2024Higher R&D expenses and personnel costsAnnual report
「SG&A expenses amounted to ¥1,910 million, compared with ¥1,579 million in the previous consolidated fiscal year, due to active R&D activities to support future growth and higher personnel costs.」
SG&A expenses increased by ¥331 million from the previous fiscal year due to R&D activities to support future growth and higher personnel costs. - FY2024-Q3RestatedAnnual report
「Although net sales increased as a result of these achievements, cost of sales increased due to efforts to address issues that arose immediately after the start of full-scale operations on the large-scale infrastructure-industry project, while SG&A expenses increased mainly because of intensified R&D activities.」
The company explained that the increase in cost of sales due to efforts to address issues on the large-scale infrastructure-industry project and the increase in SG&A expenses mainly due to intensified R&D activities contributed to higher sales but lower profit. - FY2024-Q2RestatedAnnual report
「Although progress was made in recovering the deterioration in profitability of the large-scale project that arose during the first quarter consolidated accounting period, SG&A expenses increased because R&D activities, which are intended to create future growth engines, continued actively during the current consolidated accounting period, among other factors.」
While recovery from the deterioration in profitability of the large-scale project progressed, the company reconfirms that increased SG&A expenses due in part to active R&D activities to create future growth engines reduced profit. - FY2024-Q1Profit decline due to intensified R&D and higher infrastructure project costsAnnual report
「The large-scale project for the infrastructure industry, which the company positioned as part of its growth strategy, entered full-scale operation as planned. However, multiple issues were identified immediately after the start of operations, and addressing them took longer than expected. Having completed the current consolidated quarterly accounting period using the new system, the company is working to resolve the remaining issues and preparing to release infrastructure-industry solutions to secure new large-scale projects. In addition, SG&A expenses increased because R&D activities, which are intended to create future growth engines, continued actively during the current consolidated accounting period, resulting in a decline in profit from the cumulative first quarter of the previous consolidated fiscal year.」
The increase in cost of sales associated with advancing projects for the infrastructure industry and the increase in SG&A expenses due to intensified R&D activities reduced profit. - FY2023Higher SG&A expenses due to R&D expenses and head office relocation, among other factorsAnnual report
「SG&A expenses amounted to ¥1,579 million, compared with ¥1,336 million in the previous consolidated fiscal year, due to active R&D activities to support future growth and the incurrence of head office relocation-related costs, among other factors.」
Intensified R&D activities and head office relocation-related costs increased SG&A expenses by ¥243 million from the previous fiscal year. - FY2023-Q3RestatedAnnual report
「Although net sales increased steadily as a result of these achievements, cost of sales increased in connection with advancing projects for the infrastructure industry, which the company positions as part of its growth strategy, while SG&A expenses increased due to intensified R&D activities and head office relocation-related costs.」
The increase in cost of sales associated with advancing projects for the infrastructure industry and higher SG&A expenses due to intensified R&D activities and head office relocation-related costs are reconfirmed as factors reducing profit. - FY2023-Q2RestatedAnnual report
「Although net sales increased steadily as a result of these achievements, cost of sales increased in connection with advancing projects for the infrastructure industry, which the company positions as part of its growth strategy, while SG&A expenses increased due to intensified R&D activities and head office relocation-related costs.」
The increase in cost of sales associated with advancing projects for the infrastructure industry, together with higher SG&A expenses due to intensified R&D activities and head office relocation-related costs, is reconfirmed as a factor contributing to the decline in profit for the cumulative second quarter. - FY2023-Q1Higher SG&A expenses due to intensified R&D and head office relocation costsAnnual report
「In addition to the increase in cost of sales associated with advancing projects for the infrastructure industry, which the company positions as part of its growth strategy, SG&A expenses increased due to intensified R&D activities, which are intended to create future growth engines, and head office relocation costs, resulting in a decline in profit from the same quarter of the previous year.」
In addition to the increase in cost of sales associated with advancing projects for the infrastructure industry, intensified R&D activities and head office relocation costs increased SG&A expenses and reduced profit. - FY2022Higher costs due to product development, internal DX and investment in human resourcesAnnual report
「SG&A expenses amounted to ¥1,336 million, compared with ¥1,104 million in the previous consolidated fiscal year, due in part to active investment in product development, internal DX initiatives and human resources to support future growth.」
Investment in product development, internal DX initiatives and human resources to support future growth increased SG&A expenses to ¥1,336 million. - FY2021Higher personnel costs due to investment in employeesAnnual report
「SG&A expenses amounted to ¥1,104 million, compared with ¥1,103 million in the previous consolidated fiscal year. This reflected, among other factors, higher personnel costs due to active investment in employees, which offset the disappearance of the ¥37 million in retirement benefit expenses resulting from the aforementioned change to the retirement benefit regulations.」
The company explained that, while the impact of retirement benefit expenses from the previous fiscal year was no longer present, personnel costs increased due to active investment in employees. - FY2021-Q3RestatedAnnual report
「Revenue for the cumulative third quarter decreased year on year because many projects were scheduled for revenue recognition in the fourth quarter. Profit increased year on year because the impact of ¥189 million in retirement benefit expenses recognized in the previous fiscal year following a change in the retirement allowance rules had ended. The expenses comprised ¥148 million in cost of sales, ¥37 million in selling, general and administrative expenses, and ¥3 million in work in process.」
The explanation that profit increased year on year because the impact of the ¥189 million in retirement benefit expenses recognized in the previous fiscal year following the change in the retirement benefit regulations was no longer present is reconfirmed. - FY2021-Q2RestatedAnnual report
「Revenue for the cumulative second quarter decreased year on year because many projects were scheduled for revenue recognition in the second half. Profit increased year on year because the impact of ¥189 million in retirement benefit expenses recognized in the previous fiscal year following a change in the retirement allowance rules had ended. The expenses comprised ¥147 million in cost of sales, ¥37 million in selling, general and administrative expenses, and ¥5 million in work in process.」
The explanation that profit increased year on year because the impact of the ¥189 million in retirement benefit expenses recognized in the previous fiscal year following the change in the retirement benefit regulations was no longer present is reconfirmed. - FY2021-Q1MitigatedAnnual report
「Consolidated revenue for the first quarter fell year on year because many projects were scheduled for revenue recognition from the second quarter onward. Profit, however, increased year on year because the impact of the additional ¥189 million in retirement benefit expenses recognized in the previous fiscal year following a change in the retirement allowance rules had ended.」
The company explained that profit increased year on year as the impact of the additional retirement benefit expenses recognized in the previous fiscal year following the change in the retirement benefit regulations was no longer present. - FY2020-Q3RestatedAnnual report
「On the other hand, retirement benefit expenses increased by ¥189 million because the retirement benefit payment multiplier was changed on 1 April 2019 following the revision of the retirement benefit regulations. The increase comprised ¥148 million in cost of sales, ¥37 million in SG&A expenses and ¥3 million in work in process. In addition, SG&A expenses such as research and development expenses, advertising expenses and recruitment expenses increased, resulting in a decline in profit.」
In addition to the additional recognition of ¥189 million in retirement benefit expenses due to the change in the retirement benefit payment multiplier, increases in research and development expenses, advertising expenses and recruitment expenses are reconfirmed as factors reducing profit. - FY2020-Q2RestatedAnnual report
「On the other hand, retirement benefit expenses increased by ¥189 million because the retirement benefit payment multiplier was changed on 1 April 2019 following the revision of the retirement benefit regulations. The increase comprised ¥147 million in cost of sales, ¥37 million in SG&A expenses and ¥5 million in work in process, resulting in a decline in profit.」
The additional recognition of ¥189 million in retirement benefit expenses due to the change in the retirement benefit payment multiplier is reconfirmed as a factor reducing profit through cost of sales, SG&A expenses and other items. - FY2020-Q1Profit decline due to additional retirement benefit expensesAnnual report
「On the other hand, profit declined mainly because additional retirement benefit expenses were recognized following the change to the retirement benefit plan from the current fiscal year.」
Additional retirement benefit expenses were recognized following the change to the retirement benefit plan, resulting in a decline in profit. Liabilities related to retirement benefits and retirement benefit expenses increased by ¥189.830 million. - FY2018RestatedAnnual report
「SG&A expenses amounted to ¥932.121 million, mainly due to higher personnel costs.」
The increase in SG&A expenses, primarily due to higher personnel costs, is reiterated. - FY2018-Q2First statedAnnual report
「Under these circumstances, the Group's net sales increased as demand grew for system renewals driven by changes to the IFRS (International Financial Reporting Standards) lease accounting rules applicable from fiscal 2019, as well as corporate globalization. On the other hand, SG&A expenses increased due to higher personnel costs.」
The company explained that higher personnel costs increased SG&A expenses and was one factor contributing to the decline in profit for the cumulative second quarter.