Declining Consultant Utilization and an Increase in Consultants on the Bench
First written in FY2017-Q3. 14 of 25 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group recognizes that maintaining an appropriate utilization rate, defined as the proportion of all consultants participating in projects at a given point in time, is important for maintaining high profitability and achieving sustainable growth. While actively hiring personnel, we will conduct our business operations so as to maintain an appropriate utilization rate.」
Maintaining an appropriate utilization rate while continuing to expand the workforce remains a key issue. - FY2025RestatedAnnual report
「The Group recognizes that maintaining a stable utilization rate, defined as the proportion of all consultants participating in projects at a given point in time, is important for maintaining high profitability and achieving sustainable growth.」
Even after the average utilization rate fell to the high-80% range in FY2024, maintaining a stable utilization rate continues to be recognized as a key issue. - FY2024WorsenedAnnual report
「The utilization rate (Note) remained in the high-80% range on average throughout the year, while consulting fees remained at the same level as the previous year.」
The average utilization rate for FY2024 was in the high-80% range, confirming that the decline from the approximately 90% average through the previous quarter continued throughout the year. - FY2024-Q3WorsenedAnnual report
「In addition, the utilization rate (Note) remained in the high-80% range on average from March through November 2023.」
The average utilization rate declined from approximately 90% through the cumulative second quarter of FY2024 to the high-80% range. - FY2024-Q2RestatedAnnual report
「The utilization rate (Note) averaged approximately 90% from March through August 2023, supported by solid demand and the deployment of newly hired consultants.」
Against a backdrop of solid demand and the deployment of newly hired personnel, the average utilization rate was approximately 90% from March through August 2023. - FY2024-Q1RestatedAnnual report
「The utilization rate (Note) averaged approximately 90% from March through May 2023.」
The average utilization rate was approximately 90% from March through May 2023, with the improved high level continuing. - FY2023RestatedAnnual report
「The utilisation rate (Note) averaged approximately 90% throughout the year.」
The annual average utilisation rate was approximately 90%, and the high level achieved after improvement against the risk of low utilisation and consultants being on the bench continued. - FY2023-Q3RestatedAnnual report
「The utilisation rate (Note) averaged approximately 90% from March through November 2022.」
The average utilisation rate from March to November 2022 was approximately 90%, and the high level achieved after improvement against the risk of low utilisation and consultants being on the bench continued. - FY2023-Q2RestatedAnnual report
「The utilisation rate (Note) averaged approximately 90% from March through August 2022.」
The average utilisation rate from March to August 2022 was approximately 90%, and the high level achieved after improvement against the risk of low utilisation and consultants being on the bench continued. - FY2023-Q1RestatedAnnual report
「The utilisation rate (Note) averaged approximately 90% from March through May 2022.」
The average utilisation rate from March to May 2022 was approximately 90%, and the high level achieved after improvement against the risk of low utilisation and consultants being on the bench continued. - FY2022MitigatedAnnual report
「The average utilisation rate (Note) for the current fiscal year was approximately 90%, resulting in a further improvement in profitability.」
The average utilisation rate for FY2022 was approximately 90%, confirming that the improved high level from the previous high 80% range was maintained for the full year. - FY2022-Q2RestatedAnnual report
「The average utilisation rate (Note) from March to August 2021 was approximately 90%, resulting in a further improvement in profitability.」
The average utilisation rate from March to August 2021 was approximately 90%, indicating that the high utilisation rate and improvement in profitability reported in the immediately preceding quarter continued. - FY2022-Q1MitigatedAnnual report
「The average utilisation rate (Note) from March to May 2021 was approximately 90%, resulting in a further improvement in profitability.」
The average utilisation rate in the first quarter of FY2022 was approximately 90%, an improvement from the previous high 80% range. The results indicate an improvement in the risk of low utilisation and consultants being on the bench. - FY2021MitigatedAnnual report
「The utilisation rate (Note 2) was in the high 80% range in the first half and the low 90% range in the second half.」
For FY2021 as a whole, the utilisation rate moved from the high 80% range in the first half to the low 90% range in the second half. The Company maintained a high level against the risk of low utilisation and consultants being on the bench, supported by expanded transactions with existing customers and the development of new customers. - FY2021-Q3RestatedAnnual report
「The average utilisation rate (Note 2) from March to November 2020 was in the high 80% range.」
Even during the COVID-19 pandemic, the average utilisation rate from March to November 2020 was in the high 80% range. - FY2021-Q2RestatedAnnual report
「The average utilisation rate (Note 2) from March to August 2020 was in the high 80% range.」
Although customer activity was partially affected by the COVID-19 pandemic, the average utilisation rate from March to August 2020 remained in the high 80% range. - FY2021-Q1RestatedAnnual report
「The average utilisation rate (Note 2) from March to May 2020 was in the high 80% range.」
Although customer activity was partially affected by the COVID-19 pandemic, the quarterly average utilisation rate was in the high 80% range. - FY2020MitigatedAnnual report
「The utilisation rate (Note 2) remained in the high 80% range in the first half and the low 90% range in the second half, supported by strong order conditions resulting from efforts to expand transactions with existing clients and develop new clients.」
Against a backdrop of strong orders driven by expanded transactions with existing customers and the development of new customers, the utilisation rate improved from the high 80% range in the first half to the low 90% range in the second half. - FY2020-Q3MitigatedAnnual report
「The utilisation rate (Note 2) remained in the high 80% range in the first half and above 90% on average from September to November, supported by strong order conditions resulting from efforts to expand transactions with existing clients and develop new clients.」
Against a backdrop of strong orders driven by expanded transactions with existing customers and the development of new customers, the utilisation rate improved from the high 80% range in the first half to above 90% on average from September to November. - FY2020-Q2RestatedAnnual report
「The utilisation rate (Note 2) remained steadily in the high 80% range, supported by strong order conditions.」
It is stated that the consultant utilisation rate remained stable in the high 80% range against a backdrop of strong order conditions. - FY2020-Q1RestatedAnnual report
「The utilisation rate (Note 2) remained steadily in the high 80% range, supported by strong order conditions.」
It is stated that the utilisation rate remained stable in the high 80% range against a backdrop of strong order conditions. - FY2019MitigatedAnnual report
「Thereafter, the utilisation rate (Note) recovered to the high 80% range initially projected, and during the fourth quarter accounting period it remained above 90% as a result of a further increase in inquiries.」
As a result of the establishment of the sales organisation and the increase in inquiries, the utilisation rate recovered to the initially projected high 80% range and exceeded 90% in the fourth quarter. - FY2019-Q3MitigatedAnnual report
「Meanwhile, the consulting market remained favourable, and as the sales organisation was established from June 2018 onward, current order conditions improved. The utilisation rate (Note) also recovered to the high 80% range.」
It is stated that the utilisation rate, which had declined, recovered to the high 80% range as order conditions improved following the establishment of the sales organisation. - FY2017MitigatedAnnual report
「The utilisation rate (Note) from October to November 2016 declined to the 70% range, making it difficult to maintain stable earnings. To overcome this situation, the Company changed its sales policy from restricting orders in mid-December 2016 and promptly pursued sales activities that prioritised recovery of the utilisation rate and stabilisation of earnings. As a result, by securing enough orders to match the number of consultants on the bench, the utilisation rate recovered to nearly 90% at the end of February 2017, a level that enabled the Company to maintain stable earnings.」
It is stated that the decline in the utilisation rate and increase in consultants on the bench actually occurred, but that the utilisation rate recovered to nearly 90% after the sales policy was changed. - FY2017-Q3MaterialisedAnnual report
「During the nine-month period ended the third quarter, the Company restricted orders for projects that had continuously generated stable earnings in order to secure consultants capable of handling high-value-added projects. As a result, the utilisation rate at the end of the third quarter accounting period declined. The utilisation rate is the proportion of all affiliated consultants who are engaged in projects at a given point in time. This led to an increase in consultants on the bench.」
The Company stated that the decline in the utilisation rate and increase in consultants on the bench actually occurred as a result of restrictions on orders.