Margin Pressure from Higher Outsourcing and Advertising Expenses
First written in FY2023-Q1. 8 of 10 entries say "Worsened", first in FY2023-Q2. Latest entry: FY2026.
Writeup moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2021: 5 of 16 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Selling expenses ¥456,365 thousand ¥549,505 thousand; provision for allowance for doubtful accounts ¥18,167 thousand ¥82,597 thousand」
Consolidated selling expenses increased from ¥456,365 thousand to ¥549,505 thousand, increasing the burden of sales-related costs. - FY2026-H1WorsenedAnnual report
「Selling expenses ¥215,765 thousand ¥415,485 thousand」
Selling expenses increased from ¥215,765 thousand in the same period of the previous year to ¥415,485 thousand, increasing the burden of sales-related costs. - FY2025-H1RestatedAnnual report
「Salaries and allowances ¥303,383 thousand Outsourcing expenses ¥241,286 thousand Selling expenses ¥215,765 thousand Provision for allowance for doubtful accounts ¥30,102 thousand」
The company disclosed salaries and allowances, outsourcing expenses, selling expenses, and provision for allowance for doubtful accounts as major items of selling, general and administrative expenses. - FY2024WorsenedAnnual report
「The company took measures to further expand revenue and profit, including proactive hiring to strengthen sales capabilities and strengthening sales promotion activities to launch new services.」
The company strengthened measures relating to sales capabilities and new services. On a consolidated basis, outsourcing expenses were ¥441,272 thousand and selling expenses were ¥257,861 thousand. The company also recorded outsourcing expenses of ¥440,631 thousand and selling expenses of ¥270,361 thousand on a standalone basis. - FY2024-Q2WorsenedAnnual report
「Although revenue increased, selling expenses rose substantially with the increase in sales, and the burden of personnel expenses, outsourcing expenses and other costs was also significant, putting pressure on profit.」
Although revenue increased, the burden of selling expenses, personnel expenses, outsourcing expenses and other costs increased, putting pressure on profit. Outsourcing expenses rose from ¥201,313 thousand in the same period of the previous year to ¥218,481 thousand. - FY2024-Q1WorsenedAnnual report
「Although revenue increased, selling expenses rose substantially with the increase in sales, and the burden of personnel expenses, outsourcing expenses and other costs was also significant, putting pressure on profit.」
Although revenue increased, higher selling expenses, personnel expenses, outsourcing expenses and other costs put pressure on profit, resulting in an operating loss for the quarter. - FY2023WorsenedAnnual report
「On the cost side, expenses related to outsourcing and other activities put pressure on profit, partly because the company actively pursued sales initiatives for new services.」
Expenses related to outsourcing and other activities associated with active sales initiatives for new services put pressure on profit, while outsourcing expenses increased from ¥256,431 thousand in the previous fiscal year to ¥411,224 thousand. - FY2023-Q3WorsenedAnnual report
「On the cost side, expenses related to outsourcing and other activities put pressure on profit, partly because the company actively pursued sales initiatives for new services.」
Expenses related to outsourcing and other activities associated with sales initiatives for new services continue to put pressure on profit. - FY2023-Q2WorsenedAnnual report
「In addition to sluggish grant application support among “J-Net,” “J-System” and “J-Consult,” expenses related to outsourcing and other activities put pressure on profit.」
Outsourcing expenses increased from ¥111,484 thousand in the same period of the previous year to ¥201,313 thousand, and outsourcing and related expenses continued to put pressure on profit. - FY2023-Q1First statedAnnual report
「Expenses related to outsourcing and advertising, which had been increased from the previous fiscal year, put pressure on profit.」
The Company first disclosed, as a separate theme, that outsourcing, advertising and other expenses increased from the previous fiscal year and pressured profit in the first quarter.