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Ainavo Holdings (7539) · RiskMaterialised

Profit decline due to higher labor costs and overtime pay during the busy season

First written in FY2018-Q2. 2 of 2 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2018-Q3.

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ProgressHeldSoftenedWorseMaterialisedFY2018-Q2 – FY2018-Q32018: 22018
Same theme, other companies
Profit decline from higher peak-season labor costs and overtime pay in the detached housing businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

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  1. FY2018-Q3MaterialisedAnnual report

    「As a result, revenue in the detached-home business was ¥42,508 million, an increase of ¥763 million (1.8%) from the same period of the previous year. Segment profit was ¥1,649 million, down ¥83 million (4.8%) due to higher labor costs during the busy season in the second quarter and higher scheduled overtime pay associated with the system migration.」

    In addition to higher labor costs during the peak period, higher overtime pay associated with the system migration actually occurred, and profit in the detached housing business declined 4.8% year on year.
  2. FY2018-Q2MaterialisedAnnual report

    「As a result, revenue in the detached-home business was ¥29,702 million, an increase of ¥486 million (1.7%) from the same period of the previous year. Segment profit was ¥1,350 million, down ¥166 million (11.0%) due to higher labor costs and scheduled overtime pay during the busy season.」

    Higher labor costs and overtime pay during the peak period actually occurred, and segment profit in the detached housing business declined 11.0% year on year.
Moved together

"Decline in Completed Construction Revenue and Profit Due to Construction Delays in the Large-Scale Properties Business" moved the same way as this thread, in the same document, in 2 of its 2 moves.

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  2. 1Decline in Completed Construction Revenue and Profit Due to Construction Delays in the Large-Scale Properties Business2×
  3. 2Developing New Homebuilder Accounts2×

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Profit decline due to higher labor costs and overtime pay during the busy season | AINAVO HOLDINGS Co.,Ltd. (7539) | Komori