Early Increases in Recruitment, Personnel and In-House Development Costs
First written in FY2017-Q1. 26 of 31 entries say "Materialised", first in FY2016. Latest entry: 2026-08-07.
iRidge moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2020: 6 of 21 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「In terms of expenses, costs increased as we strengthened our smartphone app development capabilities, while amortization and other expenses related to the EX-DX area also increased.」
Higher costs associated with strengthening development capabilities and higher amortization and other expenses related to software in the EX-DX area were reflected in expenses for the interim period. - FY2025-H1MaterialisedAnnual report
「We also recognized expenses associated with upfront investment in APPBOX, our next core product.」
Upfront costs for internally developed products were recognized during the current interim consolidated accounting period as expenses associated with investment in APPBOX. - FY2024MaterialisedAnnual report
「In addition to continued investment in APPBOX, we made upfront investments, including new hiring, in anticipation of future business expansion.」
Upfront investments in APPBOX and new hiring continued, with selling, general and administrative expenses rising to ¥1,838.633 million from ¥1,624.978 million in the previous fiscal year. - FY2024-Q3MaterialisedAnnual report
「In terms of expenses, costs increased due to delays in the progress of certain development projects. In addition, costs increased following the launch of our new product, the app business platform APPBOX, and we made upfront investments, including new hiring, in anticipation of future business expansion.」
Costs, expenses and upfront investments associated with delays in development projects, the launch of APPBOX services and new hiring continued to be incurred, with selling, general and administrative expenses rising from ¥1,206.613 million in the same period of the previous year to ¥1,385.297 million. - FY2024-Q2MaterialisedAnnual report
「In terms of expenses, costs increased due to delays in the progress of certain development projects. In addition, costs increased following the launch of our new product, the app business platform APPBOX, and we made upfront investments, including new hiring, in anticipation of future business expansion.」
The increase in expenses associated with new hiring and the launch of APPBOX services continued, with selling, general and administrative expenses rising from ¥793.723 million in the same period of the previous year to ¥922.485 million. - FY2024-Q1MaterialisedAnnual report
「In terms of expenses, costs increased due to delays in the progress of certain development projects. In addition, costs increased following the launch of our new product, the app business platform APPBOX, and we made upfront investments, including new hiring, in anticipation of future business expansion.」
Delays in development projects, the launch of APPBOX services, and new hiring resulted in higher costs, expenses and upfront investments, contributing to the widening operating loss. - FY2023MaterialisedAnnual report
「Salaries and allowances ¥628.014 million ¥667.136 million」
Continued front-loaded increases in personnel costs associated with hiring resulted in salaries and allowances rising from ¥628.014 million in the previous consolidated fiscal year to ¥667.136 million. - FY2023-Q3MaterialisedAnnual report
「Selling, general and administrative expenses for the first nine months of the current consolidated fiscal year were ¥1,206.613 million, up 2.6% year on year. This was mainly due to increased personnel costs as the Company continued hiring in anticipation of future business expansion, particularly in online marketing (digital marketing), as well as the recognition of ¥17.100 million in costs related to the acquisition of shares in Plugin Co., Ltd.」
In addition to higher personnel costs resulting from continued hiring in anticipation of business expansion, ¥17.100 million in costs related to the acquisition of Plugin was incurred, contributing to the increase in selling, general and administrative expenses. - FY2023-Q2MaterialisedAnnual report
「Selling, general and administrative expenses for the first six months of the current consolidated fiscal year were ¥793.723 million, up 3.9% year on year. This was mainly due to increased personnel costs as the Company continued hiring in anticipation of future business expansion, particularly in online marketing (digital marketing).」
The increase in personnel costs associated with continued hiring resulted in selling, general and administrative expenses of ¥793.723 million, up 3.9% year on year, for the six months under review. - FY2023-Q1MaterialisedAnnual report
「Selling, general and administrative expenses for the first three months of the current consolidated fiscal year were ¥384.415 million, up 3.8% year on year. This was mainly due to increased personnel costs as the Company continued hiring in anticipation of future business expansion, particularly in online marketing (digital marketing).」
The increase in personnel costs associated with continued hiring in anticipation of business expansion resulted in selling, general and administrative expenses of ¥384.415 million, up 3.8% year on year, for the quarter under review. - FY2022MaterialisedAnnual report
「Selling, general and administrative expenses for the current consolidated fiscal year were ¥1,585.735 million, up 11.2% from the previous consolidated fiscal year. This was mainly due to increased recruitment expenses and personnel costs as the Company continued hiring in anticipation of future business expansion, particularly in digital marketing.」
The continued increase in recruitment expenses and personnel costs resulted in selling, general and administrative expenses of ¥1,585.735 million, up 11.2% from the previous consolidated fiscal year, for the full year. - FY2022-Q3MaterialisedAnnual report
「Selling, general and administrative expenses for the first nine months of the current consolidated fiscal year were ¥1,176.253 million, up 13.8% year on year. This was mainly due to increased recruitment expenses and personnel costs as the Company continued hiring in anticipation of future business expansion, particularly in digital marketing.」
The continued increase in recruitment expenses and personnel costs resulted in selling, general and administrative expenses of ¥1,176.253 million, up 13.8% year on year, for the first nine months. - FY2022-Q2MaterialisedAnnual report
「Selling, general and administrative expenses for the first six months of the current consolidated fiscal year were ¥764.190 million, up 11.7% year on year. This was mainly due to increased recruitment expenses and personnel costs as the Company continued hiring in anticipation of future business expansion, particularly in digital marketing.」
The continued increase in recruitment expenses and personnel costs resulted in selling, general and administrative expenses of ¥764.190 million, up 11.7% year on year, for the six months under review. - FY2022-Q1RestatedAnnual report
「Selling, general and administrative expenses for the first quarter of the current consolidated fiscal year were ¥370.170 million, up 10.8% year on year. This was mainly due to higher recruitment costs and personnel expenses resulting from continued recruitment in anticipation of future business expansion, particularly in digital marketing.」
The increase in recruitment costs and personnel expenses associated with continued recruitment was reflected in results as a 10.8% year-on-year increase in selling, general and administrative expenses. - FY2021MaterialisedAnnual report
「Selling, general and administrative expenses for the current consolidated fiscal year were ¥1,425.615 million, up 4.9% from the previous consolidated fiscal year. This was mainly due to higher personnel expenses resulting from continued recruitment in anticipation of future business expansion, particularly in digital marketing.」
The increase in personnel expenses associated with continued recruitment in anticipation of business expansion was reflected in full-year results as a 4.9% year-on-year increase in selling, general and administrative expenses. - FY2020MaterialisedAnnual report
「Improving the gross margin was an immediate challenge. To address this, we worked to strengthen the organisation, including through M&A of development companies, and advanced project management suited to large-scale projects. However, the gross margin did not reach the full-year target, so we have made ongoing efforts a policy priority for the fiscal year ending March 2021 as well.」
While strengthening the development organisation and advancing project management, the company analysed the delay in cost structure reform as a factor behind the operating profit shortfall, with an impact of approximately ¥65 million, and stated that the burden of front-loaded costs and profitability continues. - FY2020-Q1MaterialisedAnnual report
「As a result, revenue was ¥788.716 million, operating loss was ¥175.435 million, ordinary loss was ¥174.887 million, and net loss for the quarter attributable to owners of the parent was ¥132.365 million.」
In the first quarter, the company recorded an operating loss of ¥175.435 million, an ordinary loss of ¥174.887 million and a quarterly net loss attributable to owners of the parent of ¥132.365 million. - FY2019MaterialisedAnnual report
「At the same time, costs are outpacing the increase in revenue as a result of investments to support business expansion, including recruitment, post-business capital alliance investments such as PMI, and investments in new businesses.」
The front-loaded increase in costs associated with recruitment, PMI and investment in new businesses has continued in the first year of consolidation. - FY2019-Q4MaterialisedAnnual report
「At the same time, costs are outpacing the increase in revenue as a result of investments to support business expansion, including recruitment, post-business capital alliance investments such as PMI, and investments in new businesses.」
Higher costs associated with business expansion, recruitment, post-alliance PMI and investment in new businesses have been reflected in actual results ahead of the increase in revenue. - FY2019-Q3MaterialisedAnnual report
「Accordingly, the increase in SG&A expenses, including recruitment costs and personnel expenses, is outpacing the increase in revenue.」
The front-loaded increase in recruitment costs, personnel expenses and other SG&A expenses has been reflected in the current quarter's results, ahead of the increase in revenue. - FY2018MaterialisedAnnual report
「In terms of expenses, recruitment costs, personnel expenses and other costs increased year on year as recruitment progressed steadily.」
The increase in recruitment costs and personnel expenses associated with progress in recruitment has been reflected in full-year results. Recruitment costs increased by ¥27.695 million year on year, while salaries and allowances increased by ¥51.666 million. - FY2019-Q1RestatedAnnual report
「In terms of expenses, recruitment costs, personnel expenses and other costs increased year on year.」
The increase in recruitment costs and personnel expenses associated with recruitment continues to be reflected in actual results. - FY2018-Q4RestatedAnnual report
「In terms of expenses, recruitment costs, personnel expenses and other costs increased year on year.」
The front-loaded increase in recruitment costs and personnel expenses associated with progress in recruitment continues to be reflected in actual results. - FY2018-Q3MaterialisedAnnual report
「In terms of expenses, recruitment costs, personnel expenses and other costs increased year on year. This was due to steady progress in recruitment, and given the difficult recruitment environment at present, we view strengthening our human capital as a positive increase in costs.」
Increases in recruitment costs and personnel expenses associated with progress in recruitment have been reflected in actual results and are weighing on profits. - FY2017MaterialisedAnnual report
「The main factors were an increase of ¥47.691 million in outsourcing expenses and an increase of ¥40.363 million in labour costs due to the larger number of employees involved in development, among other factors.」
Increases in outsourcing expenses and labour costs associated with expanding the development organisation have contributed to higher cost of sales in the current fiscal year. - FY2016MaterialisedAnnual report
「The main factors were an increase of ¥188.811 million in outsourcing expenses and an increase of ¥91.367 million in labour costs due to the larger number of employees involved in development, among other factors.」
Increases in outsourcing expenses, labour costs and recruitment costs associated with expanding recruitment and the development organisation have been reflected in actual results. - FY2017-Q1First statedAnnual report
「Accordingly, front-loaded costs such as recruitment costs, personnel expenses and in-house service development costs have increased.」
The filing explains that recruitment expansion and stronger in-house development have led to front-loaded increases in recruitment costs, personnel expenses and development costs.