Fukoku (5185) · InitiativeRestated
Reducing Fixed Costs Through Executive Compensation Cuts and Other Measures
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2021-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Company-Wide Cost Reduction and Executive Compensation Cuts Amid COVID-19A theme 34 companies write about · 10 as a headwind · 24 as a tailwind
The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
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.
Showing 14 of the 34 companies compared. The sentences above are computed from all 34.Full recordFilings, disclosures and news, newest first
- FY2021-Q1RestatedAnnual report
「Although we implemented emergency measures such as productivity improvements and fixed-cost reductions, they were not implemented in time to absorb the sharp decline in orders,」
The disclosure states that emergency measures such as productivity improvements and fixed-cost reductions were implemented as earnings improvement measures during the pandemic. - FY2020First statedAnnual report
「While promoting changes to structures suited to the new normal in each area and securing new earnings pillars, the Company has also actively pursued fixed-cost reduction measures such as cuts in executive compensation, working to secure a lean, resilient corporate foundation and stable performance,」
The disclosure identifies fixed-cost reductions, including cuts in executive compensation, as a new specific measure to improve earnings during the pandemic.