Higher SG&A and earnings pressure from increased salaries and allowances
First written in FY2020. 16 of 20 entries say "Worsened", first in FY2022-Q3. Latest entry: 2026-10-14.
Sk Japan moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 9 of 18 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Salaries and allowances 689,619 817,010」
Salaries and allowances increased from ¥689.619 million in the previous fiscal year to ¥817.010 million, increasing the burden of personnel expenses on SG&A expenses. - 2026-04-14WorsenedRevisions to earnings forecasts
「Salaries and allowances 689,619 817,010」
Salaries and allowances increased from ¥689.619 million in the previous fiscal year to ¥817.010 million, increasing the burden of personnel costs within SG&A expenses. - FY2026-H1WorsenedAnnual report
「Salaries and allowances 266,946 320,018」
Salaries and allowances for the interim period increased from ¥266.946 million in the same period of the previous year to ¥320.018 million, increasing the burden of personnel expenses on SG&A expenses year on year. - FY2025WorsenedAnnual report
「Salaries and allowances 610,367 689,619」
Salaries and allowances increased from ¥610.367 million in the previous year to ¥689.619 million, increasing the burden of personnel expenses on SG&A expenses. - FY2025-H1WorsenedAnnual report
「Salaries and allowances 253,376 266,946」
Salaries and allowances increased from ¥253.376 million in the same period of the previous year to ¥266.946 million, increasing the burden of personnel expenses on SG&A expenses year on year. - FY2024WorsenedAnnual report
「Salaries and allowances 546,821 610,367」
Salaries and allowances increased from ¥546.821 million in the previous year to ¥610.367 million, increasing the burden of personnel expenses on SG&A expenses. - FY2024-Q3WorsenedAnnual report
「Salaries and allowances 328,674 367,188」
Cumulative salaries and allowances for the third quarter increased from ¥328.674 million in the same period of the previous year to ¥367.188 million, increasing the burden of personnel expenses on SG&A expenses year on year. - FY2024-Q2WorsenedAnnual report
「Salaries and allowances 224,675 253,376」
Cumulative salaries and allowances for the second quarter increased from ¥224.675 million in the same period of the previous year to ¥253.376 million, increasing the burden of personnel expenses on SG&A expenses. - FY2024-Q1WorsenedAnnual report
「Salaries and allowances 104,103 109,654」
Salaries and allowances increased from ¥104.103 million in the same period of the previous year to ¥109.654 million, increasing the burden of personnel expenses on SG&A expenses year on year. - FY2023WorsenedAnnual report
「Salaries and allowances 511,695 546,821」
Salaries and allowances increased from ¥511,695 thousand in the previous fiscal year to ¥546,821 thousand, increasing the burden of personnel costs on selling, general and administrative expenses. - FY2023-Q3WorsenedAnnual report
「Salaries and allowances 316,384 328,674」
Cumulative salaries and allowances for the third quarter increased from ¥316,384 thousand in the same period of the previous year to ¥328,674 thousand, increasing the year-on-year burden of personnel costs on selling, general and administrative expenses. - FY2023-Q2WorsenedAnnual report
「Salaries and allowances 216,754 224,675」
Cumulative salaries and allowances for the second quarter increased from ¥216,754 thousand in the same period of the previous year to ¥224,675 thousand, increasing the year-on-year burden of personnel costs on selling, general and administrative expenses. - FY2023-Q1WorsenedAnnual report
「Salaries and allowances 97,678 104,103」
Salaries and allowances for the first quarter increased from ¥97,678 thousand in the same period of the previous year to ¥104,103 thousand, increasing the year-on-year burden of personnel costs on selling, general and administrative expenses. - FY2022-Q3WorsenedAnnual report
「Salaries and allowances 304,719 316,384」
Cumulative salaries and allowances for the third quarter increased from ¥304,719 thousand in the same period of the previous year to ¥316,384 thousand, increasing the year-on-year burden of personnel costs on selling, general and administrative expenses. - FY2022-Q2Salaries and allowances increased year on yearAnnual report
「Salaries and allowances 205,696 216,754」
Cumulative salaries and allowances for the second quarter increased from ¥205,696 thousand in the same period of the previous year to ¥216,754 thousand. Overall selling, general and administrative expenses, however, decreased. - FY2021MitigatedAnnual report
「Salaries and allowances 509,303 489,043」
Salaries and allowances decreased from ¥509,303 thousand in the previous fiscal year to ¥489,043 thousand, easing the year-on-year increase in selling, general and administrative expenses attributable to salaries and allowances. - FY2021-Q2MitigatedAnnual report
「Salaries and allowances 216,980 205,696」
Cumulative salaries and allowances for the second quarter decreased from ¥216,980 thousand in the same period of the previous year to ¥205,696 thousand, easing the year-on-year increase in selling, general and administrative expenses attributable to salaries and allowances. - FY2020First statedAnnual report
「Selling, general and administrative expenses were ¥1,590 million, compared with ¥1,473 million in the previous consolidated fiscal year, an increase of ¥116 million. The main factor was a ¥54 million increase in salaries and allowances, from ¥454 million to ¥509 million. Operating income was ¥609 million, down 22.5% year on year. The main factors were decreases of ¥253 million in net sales and ¥60 million in gross profit, together with the ¥54 million increase in salaries and allowances.」
The ¥54 million increase in salaries and allowances pushed up selling, general and administrative expenses and actually emerged as one of the main factors behind the decline in operating income.