Higher personnel costs and pressure on profit due to increased headcount
First written in FY2017-Q1. 19 of 25 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-11-12.
Miura moved to the "Worse" side of this theme in 2016, 8 years before the typical company in this theme (2024).
The whole theme swung hardest in 2018: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「Segment profit was ¥6,237 million, up 10.6% from ¥5,639 million in the same period of the previous year, despite higher personnel and other costs, as the effect of higher sales more than offset them.」
Higher personnel and other costs did occur in the domestic maintenance business, but the effect of higher sales drove a 10.6% year-on-year increase in segment profit. - FY2024MaterialisedAnnual report
「Segment profit was ¥2,803 million, down 5.7% from the previous fiscal year, as selling, general and administrative expenses increased due to higher personnel costs and more active sales activities.」
Higher personnel costs and increased selling, general and administrative expenses resulting from more active sales activities materialized over the full fiscal year as a decline in profit in the overseas equipment sales business. - FY2024-Q3MaterialisedAnnual report
「Segment profit was ¥1,378 million, down 20.1% from ¥1,725 million in the same period of the previous year, as selling, general and administrative expenses increased due to higher personnel costs and more active sales activities.」
In the overseas equipment sales business, higher personnel costs and increased selling, general and administrative expenses associated with more active sales activities materialized as a 20.1% year-on-year decline in segment profit. - FY2024-Q2MaterialisedAnnual report
「Segment profit was ¥1,008 million, down 15.0% from ¥1,186 million in the same period of the previous year, as selling, general and administrative expenses increased due to higher personnel costs and more active sales activities.」
In the overseas equipment sales business, higher personnel costs and increased selling, general and administrative expenses associated with more active sales activities materialized as a 15.0% year-on-year decline in segment profit. - FY2023-Q1MaterialisedAnnual report
「Segment profit was ¥299 million, down 0.5% from ¥300 million in the same period of the previous year, partly due to higher personnel costs resulting from increased headcount at the US subsidiary.」
Higher personnel costs resulting from increased headcount at the US subsidiary materialized as a factor reducing profit in the overseas maintenance business by 0.5% year on year. - FY2022-Q3MaterialisedAnnual report
「Segment profit was ¥7,627 million, up 0.8% from ¥7,566 million in the same period of the previous year, despite higher personnel costs resulting from increased headcount.」
In the domestic maintenance business, higher personnel costs resulting from increased headcount continued to occur and were cited as a factor limiting profit growth. - FY2022-Q2MaterialisedAnnual report
「Segment profit was ¥5,065 million, up 0.1% from ¥5,060 million in the same period of the previous year, despite higher personnel costs resulting from increased headcount.」
In the domestic maintenance business, higher personnel costs resulting from increased headcount continued to occur and were cited as a factor limiting profit growth. - FY2021-Q1MaterialisedAnnual report
「In terms of profit, some expenses declined due to restrictions on activities, but profit declined due to higher personnel costs and other factors.」
Higher personnel costs and other factors materialized as causes of lower company-wide profit, despite a reduction in some expenses due to restrictions on activities. - FY2020MitigatedAnnual report
「In terms of profit, expenses for the 60th anniversary fair and personnel costs increased, but the effect of higher sales resulted in higher profit.」
Expenses for the 60th anniversary fair and personnel costs continued to increase, but the effect of higher sales lifted company-wide profit, limiting the relative impact of the pressure on profit. - FY2020-Q3MitigatedAnnual report
「In terms of profit, expenses for the 60th anniversary fair and personnel costs increased, but the effect of higher sales resulted in higher profit.」
Personnel costs continued to increase, but the effect of higher sales resulted in higher company-wide profit, limiting the relative impact of the pressure on profit. - FY2020-Q2MaterialisedAnnual report
「Segment profit was ¥773 million, down 12.4% from ¥883 million in the same period of the previous year, due to higher personnel costs.」
Higher personnel costs materialized as a decline in profit in the overseas equipment sales business, with segment profit down 12.4% year on year. - FY2020-Q1WorsenedAnnual report
「Segment loss was ¥66 million, compared with a segment loss of ¥6 million in the same period of the previous year, as personnel costs increased due to higher headcount and other factors.」
Higher personnel costs due to increased headcount materialized as an expansion of losses in the overseas equipment sales business, with the loss increasing from ¥6 million in the same period of the previous year to ¥66 million. - FY2019-Q3MaterialisedAnnual report
「Segment profit was ¥269 million, down 0.4% year on year, as personnel costs increased due to higher headcount in China.」
Higher personnel costs due to increased headcount in China materialized as a factor reducing profit in the overseas maintenance business by 0.4% year on year. - FY2019-Q2MaterialisedAnnual report
「Segment profit was ¥1,604 million, down 21.6% year on year, as personnel costs increased due to base-pay increases and higher headcount, while costs also rose for USCG type-approval testing of ballast water treatment systems, IoT-related expenses and showroom construction.」
Higher personnel costs due to base-pay increases and increased headcount, together with certification testing, IoT and showroom-related expenses, materialized as a decline in profit in the domestic equipment sales business. - FY2019-Q1MaterialisedAnnual report
「As expenses increased due to higher personnel costs, including those associated with increased staffing, and the expansion of the sales network in China, the segment recorded a loss of ¥6 million, compared with segment profit of ¥99 million in the same period of the previous year.」
Higher personnel costs due to increased headcount, together with the cost of expanding the sales network in China, materialized as factors behind losses in the overseas equipment sales business. - FY2018-Q3MitigatedAnnual report
「Segment profit was ¥270 million, up 443.8% year on year. Personnel costs increased due to higher headcount in China, but the effect of higher sales more than offset this.」
Personnel costs continued to increase due to higher headcount in China, but the effect of higher sales drove a 443.8% year-on-year increase in profit in the overseas maintenance business, reducing the relative impact of the pressure on profit. - FY2018-Q2MitigatedAnnual report
「Segment profit was ¥151 million, compared with a segment loss of ¥111 million in the same period of the previous year. Expenses increased due to higher headcount in China, but the effect of higher sales more than offset this.」
Expenses continued to increase due to higher headcount in China, but the effect of higher sales enabled the overseas maintenance business to swing from a ¥111 million loss in the same period of the previous year to a ¥151 million profit, reducing the relative impact of higher personnel costs on profit. - FY2018-Q1Continued increase in personnel costs and narrowing lossesAnnual report
「The overseas maintenance business increased sales through efforts to secure paid maintenance contracts in South Korea and China, with revenue rising 19.9% year on year to ¥1,132 million. However, due to higher personnel and other costs, the segment posted a loss of ¥19 million, compared with a segment loss of ¥79 million in the same period of the previous year. The segment loss is nevertheless showing signs of recovery due to the increase in paid maintenance contracts.」
Higher personnel and other costs continued to weigh on profit, but the overseas maintenance segment loss narrowed from ¥79 million in the same period of the previous year to ¥19 million and was described as being on a recovery trend. - FY2017MaterialisedAnnual report
「Revenue from the domestic maintenance business was ¥6,409 million, up just 0.7% from ¥6,362 million in the previous fiscal year, as personnel costs increased due to base-pay increases and higher headcount.」
Higher personnel costs resulting from increased headcount and base-pay increases materialized over the full fiscal year as a factor limiting profit growth in the domestic maintenance business. - FY2017-Q3MaterialisedAnnual report
「The domestic maintenance business increased sales through continued growth in the number of installed units and active efforts to secure paid maintenance contracts. Revenue from this business was ¥20,814 million, up 4.1% from ¥20,000 million in the same quarter of the previous year. Segment profit was ¥4,722 million, down 1.7% from ¥4,804 million, as personnel costs increased due to higher headcount and increased provision for bonuses.」
Higher personnel costs resulting from increased headcount and a larger provision for bonuses materialized as a decline in profit in the domestic maintenance business. - FY2017-Q2MaterialisedAnnual report
「In Japan, personnel costs increased due to a higher number of units covered by paid maintenance contracts and an increase in research and development personnel for new products. Overseas, personnel costs also increased as headcount was expanded to strengthen the maintenance business. As a result, operating profit was ¥4,501 million, down 1.8% from ¥4,584 million in the same quarter of the previous year; ordinary profit was ¥4,696 million, down 4.6% from ¥4,925 million; and quarterly net profit attributable to owners of the parent was ¥3,028 million, down 7.0% from ¥3,254 million.」
Higher personnel costs resulting from more units covered by domestic maintenance contracts, increased research and development headcount, and expanded overseas headcount to strengthen the maintenance business materialized as a decline in profit. - FY2017-Q1MaterialisedAnnual report
「Operating profit declined due to higher personnel costs resulting from increased headcount and other factors.」
Higher personnel costs resulting from increased headcount materialized as a factor behind the decline in operating profit.