Increase in SG&A Expenses, Including Personnel and Equipment Costs, as the Group Expands
First written in FY2019-Q2. 5 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 6 of 21 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Personnel expenses 23,988 27,012」
Personnel expenses included in selling, general and administrative expenses increased from ¥23.988 billion in the previous fiscal year to ¥27.012 billion. - FY2026-H1AdvancedAnnual report
「The Group increased its workforce by 285 employees year on year, including as a form of upfront investment, and also raised wage levels accordingly, resulting in a slight increase in the SG&A-to-revenue ratio from 11.9% in the same period of the previous fiscal year to 12.3%.」
The SG&A-to-revenue ratio rose from 11.9% to 12.3% due to the increase in personnel and higher wage levels. The increase in personnel expenses and other costs associated with the expansion of the Group is reflected in the expense structure for the interim period. - FY2025AdvancedAnnual report
「Personnel expenses 21,388 23,988」
Personnel expenses included in selling, general and administrative expenses increased from ¥21.388 billion in the previous fiscal year to ¥23.988 billion. - FY2024AdvancedAnnual report
「Personnel expenses 19,234 21,388」
Personnel expenses included in selling, general and administrative expenses increased from ¥19.234 billion in the previous fiscal year to ¥21.388 billion. The Group’s employee count also reached 4,067, confirming the increase in costs associated with its expansion on an annual basis. - FY2019AdvancedAnnual report
「Personnel expenses 14,274 15,431」
Personnel expenses included in selling, general and administrative expenses increased from ¥14.274 billion in the previous fiscal year to ¥15.431 billion. The number of employees also increased to 3,490, confirming the rise in the cost base associated with the expansion of the Group on an annual basis. - FY2019-Q2First statedAnnual report
「As a result, revenue from the automotive sales-related business was ¥105.184 billion, up 13.2% year on year, but operating profit was ¥2.651 billion, down 8.3% year on year, partly due to increases in personnel expenses, equipment expenses and other selling, general and administrative expenses accompanying the expansion of the Group.」
The increase in personnel expenses, equipment expenses and other SG&A expenses accompanying the expansion of the Group is explicitly identified for the first time as a factor behind the decline in operating profit in the automotive sales-related business.