Profit pressure from higher personnel costs
First written in FY2017-Q2. 10 of 13 entries say "Restated". Latest entry: FY2022.
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- FY2022RestatedAnnual report
「Segment profit was affected by increases in personnel expenses and facility maintenance expenses incurred in efforts to actively improve services and beautify the environment, and decreased 5.9% year on year to ¥134 million」
In the Leisure business, higher personnel expenses were cited as a factor putting pressure on profit, but revenue in the business increased on higher revenue. - FY2022-Q3RestatedAnnual report
「Despite increases in personnel expenses and facility maintenance expenses, segment profit increased 2.4% year on year to ¥108 million (¥106 million in the same period of the previous year) on higher revenue.」
In the Leisure business, higher personnel expenses were cited as a factor putting pressure on profit, but segment profit increased on higher revenue. - FY2020RestatedAnnual report
「Operating profit for the fiscal year decreased by ¥201 million from the previous consolidated fiscal year to ¥237 million, due to the same factors noted above, compounded by higher personnel expenses.」
The increase in personnel expenses continued to be cited, together with lower revenue, as a factor behind the full-year decline in operating profit. - FY2020-Q3RestatedAnnual report
「Although efforts were focused on achieving management targets, revenue decreased 5.2% year on year to ¥4,087 million (¥4,313 million in the same period of the previous year), and in terms of profit, the impact of lower revenue was compounded by higher personnel expenses」
The increase in personnel expenses continued to be cited, together with lower revenue, as a factor behind declines in operating profit and other profit measures. - FY2020-Q2RestatedAnnual report
「As a result, revenue decreased 3.7% year on year to ¥2,907 million (¥3,018 million in the same period of the previous year). In terms of profit, the impact of lower revenue was compounded by higher personnel expenses, and operating profit decreased 34.1% year on year to ¥150 million (¥227 million).」
The increase in personnel expenses continued to be cited as an actual factor behind the decline in operating profit, together with lower revenue. - FY2020-Q1RestatedAnnual report
「In terms of profit, the impact of lower revenue was compounded by higher personnel expenses」
The increase in personnel expenses continued to be cited, together with lower revenue, as a factor behind declines in operating profit and other profit measures. - FY2019RestatedAnnual report
「Operating profit decreased by ¥120 million from the previous consolidated fiscal year to ¥439 million, due to the same factors noted above, as well as advertising and promotional expenses, capital investment-related expenses and the impact of higher personnel expenses.」
The increase in personnel expenses was cited, together with advertising and promotional expenses and capital investment-related expenses, as a factor behind the full-year decline in operating profit. - FY2019-Q3RestatedAnnual report
「As a result, total revenue from the Metal Products Business declined 3.0% year on year to ¥4,144 million (¥4,272 million in the same period of the previous year). In terms of profit, operating profit declined 44.0% to ¥183 million (¥328 million) due to advertising and new equipment-related expenses and higher personnel expenses.」
The increase in personnel expenses was cited, as in the previous quarter, as a factor behind the decline in operating profit in the Metal Products business. - FY2019-Q2RestatedAnnual report
「As a result, although performance remained within the assumptions of the initial forecast, net sales declined 0.6% year on year to ¥3,018 million, compared with ¥3,038 million in the same period of the previous year, while operating profit, affected by facility investment-related expenses and higher personnel costs, declined 20.6% year on year to ¥227 million, compared with ¥286 million, and」
Higher personnel costs were again cited as an actual factor reducing operating profit, following the previous quarter. - FY2019-Q1MaterialisedAnnual report
「Profit was affected by facility investment-related expenses and higher personnel costs, with operating profit down 19.4% year on year to ¥105 million, compared with ¥130 million, and」
Higher personnel costs, which had not been explicitly identified in the previous full-year period, were again cited as an actual factor reducing operating profit in the first quarter. - FY2018DroppedAnnual report
「Operating profit for the current consolidated fiscal year increased by ¥51 million from the previous consolidated fiscal year to ¥560 million for the reasons stated above.」
The full-year profit analysis does not explicitly identify pressure from higher personnel costs as a factor reducing profit. - FY2017-Q3RestatedAnnual report
「Compared with the same period of the previous year, in addition to the impact of lower revenue, higher personnel costs and inventory valuation losses were incurred, and」
Higher personnel costs continue to be cited as a factor reducing operating profit. - FY2017-Q2First statedAnnual report
「In addition to the impact of lower revenue, personnel costs increased and inventory valuation losses were incurred, and」
The company reports for the first time that higher personnel costs were actually incurred as a factor reducing operating profit.