Estic (6161) · InitiativeRestated
Addressing the Impact of COVID-19 Through Expense Reductions
First written in FY2021-Q1. 1 of 3 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
3entries
2years
0from disclosures
How it moved
Same theme, other companies
Company-Wide Cost Reduction and Executive Compensation Cuts Amid COVID-19A theme 34 companies write about · 10 as a headwind · 24 as a tailwind
The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 34 companies compared. The sentences above are computed from all 34.Full recordFilings, disclosures and news, newest first
- FY2021RestatedAnnual report
「We reduced fixed costs by restraining new hiring and reducing expenses, among other measures, but」
In response to the decline in revenue caused by COVID-19, the company continues to reduce fixed costs by restraining new hiring and reducing expenses. - FY2021-Q2AdvancedAnnual report
「We reduced fixed costs by restraining new hiring and reducing expenses, among other measures, but」
In response to the decline in revenue caused by COVID-19, the company explicitly added restraints on new hiring to its existing expense-reduction measures and reduced fixed costs. However, it states that these measures were insufficient to absorb the decline in sales. - FY2021-Q1First statedAnnual report
「In terms of profit, we worked to reduce expenses, but were unable to fully absorb the increase in research and development expenses and the decline in revenue caused by COVID-19. As a result, ordinary income was below the level of the same period of the previous year.」
The filing states that, although the company worked to reduce expenses, it was unable to absorb the increase in research and development expenses and the decline in revenue caused by COVID-19.