Sun-Life Holding (7040) · InitiativeRestated
Upfront investment in next-generation system development
First written in FY2024-Q1. 1 of 2 entries say "Restated". Latest entry: FY2024-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Next-Generation Systems Development and Delivery ExpansionA theme 4 companies write about · 0 as a headwind · 4 as a tailwind
1 other company's latest entry also says "Restated".
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Full recordFilings, disclosures and news, newest first
- FY2024-Q2RestatedAnnual report
「Operating income was ¥897 million, down 0.4% year on year, due to investment in the development and retention of human capital, higher advertising and promotional expenses, and costs associated with next-generation system development.」
The company states that costs for next-generation system development continue to be incurred alongside investment in human capital and advertising and promotional expenses. - FY2024-Q1First statedAnnual report
「Operating profit decreased 14.5% year on year to ¥396 million due to investments in developing and retaining human capital, higher advertising expenses and upfront investment in the development of next-generation systems.」
For the ceremonial services business, the company states for the first time that upfront investment in next-generation system development was incurred.