Earnings Pressure from Employee Compensation Reviews and Front-Loaded Expenses at Consolidated Subsidiaries
First written in FY2020-Q2. 1 of 3 entries say "Reframed", first in FY2020-Q3. Latest entry: FY2021-Q1.
0 other companies' latest entry also says "Dropped".
- FY2021-Q1DroppedAnnual reportThis filing does not mention the pressure on earnings from higher personnel expenses due to the review of employee compensation and upfront costs at consolidated subsidiaries, which had been stated through the previous filing.
- FY2020-Q3ReframedAnnual report
「During the current third-quarter cumulative consolidated period, net sales increased year on year against a backdrop of strong orders. Total expenses also increased due to higher personnel expenses resulting from the review of employee compensation and upfront costs at consolidated subsidiaries, but earnings also increased year on year.」
The increase in personnel expenses from the review of employee compensation and the upfront costs at consolidated subsidiaries continued, but the explanation changed from a decline in earnings in the previous quarter to an increase in earnings year on year despite higher total expenses. - FY2020-Q2First statedAnnual report
「During the current second-quarter cumulative consolidated period, net sales increased year on year against a backdrop of strong orders, but earnings declined due to higher personnel expenses resulting from the review of employee compensation and upfront costs at consolidated subsidiaries.」
The company explains that earnings declined due to higher personnel expenses from the review of employee compensation and upfront costs at consolidated subsidiaries, despite increases in orders and net sales.