Introduction of Furloughs and Promotion of Telework During COVID-19
First written in FY2020-Q2. 3 of 4 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2021-Q1.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2021-Q1AdvancedAnnual report
「Meanwhile, cost of sales for the first quarter of the current consolidated fiscal year was ¥497 million, down 22.8% year on year, as we worked to control costs, primarily fixed costs such as personnel expenses. Selling, general and administrative expenses were ¥105 million, down 21.7% year on year,」
Cost controls focused on fixed costs were reflected in first-quarter results, with cost of sales down 22.8% and SG&A expenses down 21.7%. - FY2020AdvancedAnnual report
「Through efforts to control costs, mainly fixed costs such as personnel expenses, as well as the receipt of employment adjustment subsidies, cost of sales for the consolidated fiscal year was ¥1,777 million, down 22.3% year on year, while SG&A expenses were ¥456 million, down 21.1%.」
Cost controls, including responses to COVID-19 such as temporary closures and teleworking, were reflected in full-year results, with cost of sales and SG&A expenses declining 22.3% and 21.1%, respectively. - FY2020-Q3AdvancedAnnual report
「Amid these difficult conditions, efforts to control costs, mainly fixed costs such as personnel expenses, together with the effect of employment adjustment subsidies, reduced cost of sales to ¥1,398 million, down 20.2% year on year, and selling, general and administrative expenses to ¥347 million, down 20.6%,」
The filing describes expense reductions resulting from the control of fixed costs and the effects of employment adjustment subsidies, in addition to leave of absence and telework, showing the actual cost response during COVID-19. - FY2020-Q2First statedAnnual report
「Regarding expenses in this segment, we introduced employee leave of absence in line with the decline in workload caused by the spread of COVID-19 and worked to control costs. We also promoted telework to prevent employees from becoming infected.」
The filing describes, for the first time as specific measures, cost control through employee leave of absence in line with the decline in workload and the promotion of telework to prevent infection.