Earnings pressure from higher social insurance contribution rates and expanded coverage
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 8 of 15 companies on the "Worse" side.
45 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「If amendments to the social insurance system result in a substantial increase in the company's contributions, this may affect the Group's operating results.」
The risk of higher company contributions and pressure on earnings resulting from changes to social insurance contribution rates and coverage continues to be identified. - FY2019-Q3MaterialisedAnnual report
「Profit declined due to lower revenue resulting from a decrease in the number of staff on assignment and a decline in the gross profit margin caused by higher statutory welfare expenses. As a result, the call center outsourcing business reported revenue of ¥11,827 million, down 7.1% year on year, and segment profit of ¥592 million, down 9.0%.」
In the call center business, higher statutory welfare expenses reduced the gross profit margin, resulting in lower revenue and profit. - FY2018RestatedAnnual report
「For employees' pension insurance, the staged increases ended in September 2017 and the contribution rate was set at 18.3%. For health insurance, however, the finances of the health insurance society for temporary staffing companies to which we belong are in a very difficult condition, and any further increase in the health insurance contribution rate could put pressure on earnings.」
Although the increases in employees' pension insurance contribution rates have been completed, the risk of pressure on earnings from higher health insurance contribution rates and expanded employment insurance coverage continues to be described. - FY2017RestatedAnnual report
「The insurance contribution rate was raised in stages by 0.354% each year from October 2004 through September 2017, and was ultimately set at 18.3%.」
The risk of pressure on earnings from higher social insurance contribution rates and expanded coverage continues to be described. - FY2016First statedAnnual report
「The insurance contribution rate was raised in stages by 0.354% each year from October 2004 through September 2017, and was ultimately set at 18.3%.」
The staged increases in social insurance contribution rates and expansion of employment insurance coverage were described as potentially increasing the company's burden and putting pressure on earnings.