Surging personnel expenses driven by employee compensation reviews
First written in FY2019-Q2. 4 of 10 entries say "Restated". Latest entry: 2026-08-25.
1 other company's latest entry also says "Advanced".
- FY2025-H1Increase in personnel expenses due to company-wide improvements in employee compensationAnnual report
「Although progress in improving unit prices and an increase in deployed personnel in the core design and development outsourcing business contributed to revenue, profit declined mainly because of higher personnel costs resulting from company-wide improvements in employee compensation.」
The increase in personnel costs resulting from company-wide improvements in employee compensation exceeded the revenue benefit from higher unit prices and more deployed personnel, and was identified as a factor behind lower profit for the interim accounting period. - FY2024-Q1RestatedAnnual report
「In addition, amid continued inflation and calls from the government and Keidanren for wage increases, average wages in Japan are rising.」
The rise in average wages in Japan, driven by inflation and calls from the government and Keidanren for wage increases, continues to be identified as a business environment factor. - FY2023-Q3Rise in average domestic wagesAnnual report
「In addition, amid continued global inflation and calls from the government and Keidanren for wage increases, average wages in Japan are rising.」
In addition to the previous description of higher personnel costs associated with reviewing employee compensation, the filing describes rising average wages in Japan, driven by global inflation and calls from the government and Keidanren for wage increases. - FY2023-Q1Increase in expenses, primarily personnel costsAnnual report
「Strategic reassignments improved sales per technical employee and contributed to higher sales, but expenses, primarily personnel costs, increased, resulting in lower profit year on year.」
Rather than the former wording about reviewing employee compensation, the filing identifies an increase in expenses, mainly personnel costs, in the design and development outsourcing business as a factor behind lower profit. - FY2020-Q2RestatedAnnual report
「Although engineer utilization remained high, sales increased while profit declined due to higher personnel expenses resulting from a review of employee compensation, among other factors.」
The Company disclosed that higher personnel expenses resulting from a review of employee compensation continued to be a factor behind higher revenue but lower profit. - FY2019-Q3RestatedAnnual report
「Although engineer utilization remained high, sales increased while profit declined due to higher personnel expenses resulting from fewer operating days during the extended holiday period and a review of employee compensation, among other factors.」
The Company reconfirmed that higher personnel expenses resulting from a review of employee compensation remained a factor behind higher revenue but lower profit in the nine-month period. - FY2019-Q2First statedAnnual report
「Revenue increased but profit declined, mainly because personnel expenses surged as employee compensation was reviewed.」
In the design and development outsourcing business, higher personnel expenses resulting from a review of employee compensation were cited for the first time as a factor behind higher revenue but lower profit.