Increase in personnel costs and one-off expenses associated with MAQUIA store openings
First written in FY2019-Q1. 4 of 5 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2020-Q1.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2020-Q1AdvancedAnnual report
「As a result, brand sales were 205.6% of the year-earlier level, while selling, general and administrative expenses were 169.4%, mainly due to higher temporary store-opening costs, personnel expenses, rent and advertising expenses. Brand profit and the brand profit margin continued to improve.」
As Makia expanded its store network, selling, general and administrative expenses rose to 169.4% of the year-earlier level, but brand profit and the profit margin continued to improve. - FY2019AdvancedAnnual report
「With the substantial increase in the number of stores, full-year sales were 180.7% of the year-earlier level, while full-year selling, general and administrative expenses were 191.3% due to higher personnel expenses, rent and other temporary store-opening costs, among other factors.」
As Makia expanded its store network, full-year sales were 180.7% of the year-earlier level, while selling, general and administrative expenses, including personnel expenses and rent, were 191.3%. - FY2019-Q3AdvancedAnnual report
「With the substantial increase in the number of stores, brand sales were 167.2% of the year-earlier level, while selling, general and administrative expenses were 188.1% due to higher personnel expenses and other temporary store-opening costs, among other factors.」
As Makia expanded its store network, sales were 167.2% of the year-earlier level, while selling, general and administrative expenses were 188.1% due to personnel expenses and other temporary costs. - FY2019-Q2AdvancedAnnual report
「As a result, sales were 148.3% of the year-earlier level, while selling, general and administrative expenses were 179.2%, mainly because personnel expenses and other costs, including training, temporarily increased in connection with the new store openings.」
As Makia expanded its new store openings, personnel expenses and temporary costs, including training, continued to increase, bringing selling, general and administrative expenses to 179.2% of the year-earlier level. - FY2019-Q1First statedAnnual report
「While sales were 130% of the year-earlier level, selling, general and administrative expenses were 166% due to higher personnel expenses and temporary costs associated with store openings, among other factors.」
Makia's accelerated store openings lifted sales to 130% of the year-earlier level, while higher personnel expenses and temporary store-opening costs increased selling, general and administrative expenses to 166%.