Higher personnel expenses due to replacing retirees and other factors in the wholesale business
First written in FY2020-Q3. . Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Continued increase in salaries and allowancesAnnual report
「Salaries and allowances ¥4,613.210 million ¥5,063.875 million」
Consolidated salaries and allowances increased from ¥4,613.210 million in the previous fiscal year to ¥5,063.875 million. - FY2026-H1Continued increase in salaries and allowancesAnnual report
「Salaries and allowances ¥2,214.333 million ¥2,442.559 million」
Salaries and allowances for the interim consolidated accounting period were ¥2,442.559 million, up from ¥2,214.333 million in the same period of the previous year. - FY2025Continued increase in salaries and allowancesAnnual report
「Salaries and allowances ¥3,613.874 million ¥4,613.210 million」
Consolidated salaries and allowances increased from ¥3,613.874 million in the previous fiscal year to ¥4,613.210 million. - FY2025-H1Continued increase in salaries and allowancesAnnual report
「Salaries and allowances ¥1,562.225 million ¥2,214.333 million」
Salaries and allowances for the interim consolidated accounting period were ¥2,214.333 million, up from ¥1,562.225 million in the same period of the previous year. - FY2024Continued increase in salaries and allowancesAnnual report
「Salaries and allowances ¥2,805.768 million ¥3,613.874 million」
Consolidated salaries and allowances increased from ¥2,805.768 million in the previous fiscal year to ¥3,613.874 million, quantifying the greater personnel expense burden, including securing personnel and the increase in consolidated subsidiaries. - FY2024-Q2Continued impact of higher personnel expenses on earningsAnnual report
「In the green business, new rental-green contracts progressed as planned, but revenue increased while earnings declined due to higher personnel expenses.」
In the green business, contract acquisition for rental green progressed, while higher personnel expenses continued to be cited as a factor behind the decline in earnings. - FY2024-Q1Continued impact of higher personnel expenses on earningsAnnual report
「In wholesale operations, demand for plant-related products paused, while rising resource and energy prices, including fuel and electricity costs, and higher personnel expenses resulted in lower revenue and profit. As a result, segment revenue was ¥321.302 million, down 2.0% year on year, and operating profit was ¥19.618 million, down 26.3%.」
In the wholesale business, higher personnel expenses, along with rising resource and energy prices and other factors, were cited as reasons for the decline in earnings. - FY2023-Q3Continued impact of higher personnel expensesAnnual report
「In the wholesale business, demand for plants, which had remained high amid the COVID-19 pandemic in the previous fiscal year, began to ease. Despite higher revenue, profit declined due to increases in resource and energy prices, including fuel and electricity costs, and higher personnel expenses.」
In the wholesale business, higher personnel expenses continue to be cited as a factor behind the decline in earnings. - FY2020-Q3First statedAnnual report
「In the wholesale business, we worked to strengthen sales activities, including expanding our customer base, but earnings declined as personnel expenses increased due to the replacement of employees who left and other factors.」
In the wholesale business, personnel expenses increased due to the replacement of employees who left and other factors, and this was cited as a factor behind the decline in earnings.