Impact of Client Companies’ Work-Style Reforms and Overtime Reductions on Technical Employees’ Hours Worked
First written in FY2020-Q1. 2 of 5 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2023-Q2.
Abist moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「A recovery in billable hours to pre-COVID-19 levels is expected to take some time.」
The company continues to recognize that recovery in billable hours to pre-pandemic levels will take time. - FY2022Billable hours have not recovered; no contract cancellationsAnnual report
「Billable hours have not yet recovered to pre-COVID-19 levels, but because the company mainly handles upstream production processes, there were no contract cancellations or similar events resulting from COVID-19.」
While there have been no contract cancellations resulting from the infectious disease, the filing states that billable hours have not yet recovered to pre-pandemic levels. - FY2021MaterialisedAnnual report
「Although there were no contract cancellations or similar events resulting from COVID-19, productivity declined because of lower billable hours.」
While there were no contract cancellations resulting from the infectious disease, the filing states that lower billable hours actually led to lower productivity. - FY2020-Q3MaterialisedAnnual report
「Although the utilization rate of technical personnel remained high, revenue increased while profit declined because measures by clients to curb overtime to prevent the spread of infectious disease reduced billable hours and revenue per employee, while reviews of employee compensation drove up personnel costs.」
The filing states that overtime curbs and other measures by clients to prevent the spread of infectious disease actually reduced billable hours and revenue per employee, indicating that the previously potential impact has materialized. - FY2020-Q1First statedAnnual report
「Meanwhile, it is necessary to closely monitor the impact on technical employees' billable hours of overtime curbs associated with work-style reforms at clients, among other factors.」
The filing identifies the possibility that overtime curbs resulting from work-style reforms at clients may affect technical employees' billable hours as a new risk requiring attention.