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Silicon Studio Corp. (3907) · InitiativeAdvanced

Fixed-cost reductions through office reconfiguration and partial lease termination

First written in FY2018-Q2. 3 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2020-Q2.

6entries
3years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018-Q2 – FY2018-Q3AdvancedFY2018 – FY2019-Q2RestatedFY20192018: 220182019: 220192020: 22020
Same theme, other companies
Remote Work-Driven Office Lease Termination and Fixed-Asset ImpairmentA theme 5 companies write about · 5 as a headwind · 0 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. FY2020-Q2AdvancedAnnual report

    「In connection with this, the office layout was reconfigured, a decision was made to partially terminate the lease for rented office space in October 2020, and an impairment loss of ¥33 million was recorded as an extraordinary loss following the decision to terminate the lease.」

    With the full-scale introduction of the work-from-home system, the office layout was reconfigured and a decision was made to partially terminate the lease in October 2020. The resulting impairment loss of ¥33 million was recorded.
  2. FY2019RestatedAnnual report

    「With respect to company-wide expenses, we sought to improve the efficiency of administrative operations and reduce costs.」

    Company-wide cost reductions through more efficient administrative operations and lower expenses have continued.
  3. FY2019-Q2AdvancedAnnual report

    「With respect to company-wide expenses, we implemented measures including improving the efficiency of administrative operations and reducing costs.」

    The company stated that, in addition to the previous office reconfiguration and partial lease termination, it improved the efficiency of administrative operations and reduced costs.
  4. FY2018AdvancedAnnual report

    「In addition, to reduce fixed costs, we reconfigured the office layout twice during the consolidated fiscal year and, following the partial termination of leases for rented offices, recorded ¥137.204 million in extraordinary losses, including losses on the disposal of fixed assets.」

    The office layout was reconfigured twice during the year, and fixed-cost reductions were pursued through the partial termination of office leases.
  5. FY2018-Q3RestatedAnnual report

    「In addition, to reduce fixed costs, we reconfigured the office layout and recorded ¥73.973 million in extraordinary losses, including losses on the disposal of fixed assets, in connection with the partial termination of leases for rented offices.」

    The company has continued to disclose fixed-cost reduction measures involving office reconfiguration and the partial termination of office leases.
  6. FY2018-Q2First statedAnnual report

    「In addition, to reduce fixed costs, we reconfigured the office layout and recorded ¥70.627 million in extraordinary losses, including losses on the disposal of fixed assets, in connection with the partial termination of leases for rented offices.」

    To reduce fixed costs, the office layout was reconfigured and part of the rented office space was vacated. As a result, ¥70.627 million in extraordinary losses, including losses on the disposal of fixed assets, was recorded.
Moved together

"Consideration of new financing to stabilize the financial base" moved the same way as this thread, in the same document, in 3 of its 6 moves.

3222★1234
  1. ★This thread
  2. 1Consideration of new financing to stabilize the financial base3×
  3. 2Business foundation for staffing and employment placement services2×
  4. 3Improved profitability of the development promotion and support business and a return to segment profitability2×
  5. 4Transfer of operations for low-profitability titles and concentration of resources on 4 new titles2×

★ 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.

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Fixed-cost reductions through office reconfiguration and partial lease termination | Silicon Studio Corp. (3907) | Komori