Strategic investment in creative, digital-marketing and data-analysis talent
First written in FY2022. 11 of 12 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1RestatedAnnual report
「SG&A expenses for the interim accounting period were ¥1,527.414 million, up 10.4% year on year. As we invest for medium- to long-term growth, outsourcing expenses related to recruitment activities and salaries and allowances increased as recruitment was strengthened across the company to expand the business. Rent and depreciation also increased in connection with new store openings.」
The company continues to invest in recruitment for medium- to long-term growth and incur higher costs associated with new stores. SG&A expenses rose 10.4% year on year. - 2026-05-15RestatedEarnings
「As we invest for medium- to long-term growth, outsourcing expenses related to recruitment activities and salaries and allowances increased as recruitment was strengthened across the company to expand the business. Rent and depreciation also increased in connection with new store openings.」
The Company continued to describe stronger recruitment for medium- to long-term growth and higher expenses associated with new stores. - FY2025RestatedAnnual report
「As we invest for medium- to long-term growth, outsourcing expenses related to recruitment activities and salaries and allowances increased as recruitment was strengthened across the company to expand the business. Rent and depreciation also increased in connection with new store openings.」
The company continues to disclose recruitment to expand the business and higher costs associated with new store openings. - 2026-03-05RestatedGeneral Meetings of Shareholders
「We will continue developing human resources and recruiting on an ongoing basis in order to understand our brands and expand our business globally.」
Human-resource development and continued recruitment remain part of the talent strategy supporting overseas expansion. - FY2025-H1RestatedAnnual report
「SG&A expenses for the interim accounting period were ¥1,383.957 million, up 9.6% year on year. Outsourcing expenses, salaries and allowances, and directors’ remuneration increased as recruitment was strengthened across the company to expand the business. Rent and depreciation also increased in connection with new store openings.」
The company continues to disclose company-wide recruitment to expand the business and higher costs associated with new stores. SG&A expenses rose 9.6% year on year. - FY2024RestatedAnnual report
「SG&A expenses for the fiscal year were ¥2,641.010 million, up 7.1% year on year. As we invest for medium- to long-term growth, outsourcing expenses related to recruitment activities and salaries and allowances increased as recruitment was strengthened across the company to expand the business. Rent and depreciation also increased in connection with new store openings.」
The company continues to invest in company-wide recruitment for medium- to long-term growth, costs associated with new stores, and business expansion. - FY2024-H1RestatedAnnual report
「SG&A expenses for the interim accounting period were ¥1,263.212 million, up 6.1% year on year. Outsourcing expenses, salaries and allowances, and directors’ remuneration increased as recruitment was strengthened across the company to expand the business. Rent and depreciation also increased in connection with new store openings.」
The company continues to disclose company-wide recruitment to expand the business and higher costs associated with new store openings. SG&A expenses rose 6.1% year on year. - FY2024-Q1RestatedAnnual report
「SG&A expenses for the three-month period ended in the first quarter were ¥654.883 million, up 19.3% year on year. Outsourcing expenses and salaries and allowances increased as recruitment was strengthened to expand the business, strengthen marketing, and improve product planning. Rent also increased in connection with new store openings and an increase in personnel.」
The company continues to disclose recruitment to expand the business, strengthen marketing and product planning, and higher costs associated with new stores and increased headcount. SG&A expenses rose 19.3% year on year. - FY2023-Q3RestatedAnnual report
「SG&A expenses for the nine-month period ended in the third quarter were ¥1,777.902 million, up 31.6% year on year. As we invest for medium- to long-term growth, recruitment-related outsourcing expenses, salaries and allowances, and directors’ remuneration increased as a result of strengthening recruitment across the company. Advertising expenses also increased due to advertising investment to further raise brand awareness and promote digitalization and investment in attractive content featuring talent and professional golfers. Rent and depreciation also increased in connection with new store openings.」
Investment in recruitment, advertising, and content creation involving talent and professional golfers continues. SG&A expenses rose 31.6% year on year. - FY2023-Q2RestatedAnnual report
「SG&A expenses for the six-month period ended in the second quarter were ¥1,190.537 million, up 34.2% year on year. Outsourcing expenses, salaries and allowances, and directors’ remuneration increased as a result of strengthening recruitment across the company to expand the business. Advertising expenses also increased due to advertising investment to further raise brand awareness and promote digitalization and investment in attractive content featuring talent and professional golfers. Rent and depreciation also increased in connection with new store openings.」
Recruitment, advertising investment, and content creation involving talent and professional golfers continue. SG&A expenses rose 34.2% year on year, but no new stage of implementation is stated. - FY2023-Q1RestatedAnnual report
「To expand our business and strengthen our marketing and product-planning capabilities, we increased recruitment-related outsourcing expenses, salaries and allowances. To promote digitalization, we also increased advertising investment and investment in creating attractive content through the use of talent and professional golfers.」
The company has invested in recruitment, advertising, and content creation involving talent and professional golfers to expand its business, strengthen product planning, and promote digitalization. - FY2022First statedAnnual report
「We will actively recruit and develop talent in creativity, digital marketing, data analytics, and other fields that support our strengths and enable us to execute our strategy.」
The company positions the active recruitment and development of specialist talent needed to execute its strategy as a management investment.