Work-from-home arrangements, internal infrastructure development, and SG&A expense restraint in response to COVID-19
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: FY2022.
1 other company's latest entry also says "Dropped".
- FY2022DroppedAnnual reportThe FY2022 Securities Report no longer separately describes the promotion of remote work, internal infrastructure upgrades, SG&A cost controls and office relocations as measures against COVID-19.
- FY2021RestatedAnnual report
「Following the issuance of the state of emergency, the Group has encouraged working from home, upgraded its internal infrastructure and controlled SG&A expenses. Taking into account the potential future impact, we will continue to improve how employees work and control SG&A expenses, while monitoring economic conditions in Japan and overseas in preparation for the coming economic recovery.」
The Company continues its response to COVID-19 through remote work, internal infrastructure upgrades, SG&A cost controls and improvements in work practices. - FY2021-Q3RestatedAnnual report
「Taking into account the impact of COVID-19 and in accordance with the policy established at the beginning of the fiscal year, the Company relocated its Tokyo head office and Osaka, Fukuoka and Sapporo branches to reduce office rents. Although the relocations are not expected to contribute to results for the current fiscal year because relocation-related opening and closing costs were incurred during the period, they are expected to affect the Company's results over the medium to long term.」
The Company has reiterated that the office relocations were intended to reduce rents and that no contribution to results for the current fiscal year is expected because of the relocation costs. - FY2021-Q2AdvancedAnnual report
「Taking into account the impact of COVID-19 and in accordance with the policy established at the beginning of the fiscal year, the Company relocated its Tokyo head office and Osaka, Fukuoka and Sapporo branches to reduce office rents. Although the relocations are not expected to contribute to results for the current fiscal year because relocation-related opening and closing costs were incurred during the period, they are expected to affect the Company's results over the medium to long term.」
The Company relocated its Tokyo head office and Osaka, Fukuoka and Sapporo branches to reduce rents in response to COVID-19. - FY2021-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period, partly because the impact of COVID-19 continued, we reduced selling, general and administrative expenses in the Senior Work business and worked to improve profit margins.」
The Company continues to reduce SG&A expenses and improve profit margins amid COVID-19. - FY2020First statedAnnual report
「Following the issuance of the state of emergency, the Group has encouraged working from home, upgraded its internal infrastructure and controlled SG&A expenses. Taking into account the potential future impact, we will continue to improve how employees work and control SG&A expenses, while monitoring economic conditions in Japan and overseas in preparation for the coming economic recovery.」
As measures in response to COVID-19, the Company has encouraged working from home, upgraded its internal infrastructure and controlled SG&A expenses, and for the first time described as a standalone issue its policy of continuing to improve work practices and control SG&A expenses.