Profit Pressure from Higher Personnel and Recruitment Costs
First written in FY2017-Q3. 2 of 5 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2019-Q2.
MetaReal moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2026: 10 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2019-Q2RestatedAnnual report
「In the GLOZE business, we worked to provide faster, lower-cost and higher-quality translation services using our proprietary translation support tool. Revenue was ¥240.658 million (up 10.1% year on year), while segment profit was ¥11.346 million (down 39.5% year on year) due to higher selling, general and administrative expenses.」
Profit pressure in the GLOZE business from higher selling, general and administrative expenses continues. The year-on-year decline in profit has been quantified, but the nature of the risk has not changed from the previous filing. - FY2019-Q1RestatedAnnual report
「In the GLOZE business, efforts to provide faster, lower-cost and higher-quality translation services using our proprietary translation support tool resulted in revenue of ¥122.955 million (up 7.6% year on year). However, segment profit was ¥6.730 million (down 52.0% year on year) due to higher SG&A expenses, including personnel expenses.」
Profit pressure from higher SG&A expenses, including personnel costs, continued in the GLOZE business. Similar factors were also cited as reducing segment profit in the crowdsourcing and corporate training businesses, although consolidated profit increased overall. - FY2018WorsenedAnnual report
「In the MT business, new orders for T-400(ver.2), released at the end of November 2017, got off to a strong start with a substantial increase. Revenue was ¥316.108 million, up 15.5% year on year. However, operating loss was ¥0.304 million, compared with operating profit of ¥40.736 million in the same period of the previous year, due to higher recruitment, personnel, advertising and depreciation expenses and other costs resulting from upfront development investment.」
The MT business increased revenue on higher orders for T-400(ver.2), but posted an operating loss due to higher recruitment, personnel, advertising and depreciation expenses and other costs. - FY2018-Q3WorsenedAnnual report
「For the first 3 quarters of the current consolidated fiscal year, Group revenue increased 5.8% year on year to ¥1,486.199 million. However, due to higher personnel and recruitment costs and other factors, operating profit fell 94.4% to ¥9.168 million, ordinary profit fell 94.5% to ¥8.832 million, and the Company reported a quarterly net loss attributable to owners of the parent of ¥17.236 million, compared with quarterly net profit attributable to owners of the parent of ¥98.044 million in the same period of the previous year.」
Higher personnel and recruitment costs continued to weigh on profit. The decline in operating profit widened to 94.4%, and a quarterly net loss attributable to owners of the parent was recorded. - FY2017-Q3First statedAnnual report
「For the first 3 quarters of the current consolidated fiscal year, Group revenue increased 11.6% year on year to ¥1,405.091 million. However, due to higher personnel and recruitment costs and other factors, operating profit declined 14.5% to ¥162.444 million, ordinary profit declined 7.2% to ¥161.227 million, and profit attributable to owners of the parent declined 19.0% to ¥98.044 million.」
Higher personnel and recruitment costs and other factors are described, in a form that can be tracked in the thread for the first time, as drivers of declines in operating profit, ordinary profit and profit attributable to owners of the parent despite higher revenue.