Higher Selling, General and Administrative Expenses Due to Rising Personnel Costs
First written in FY2019. 1 of 20 entries say "Dropped", first in FY2020. Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 10 of 19 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026-H1Interim employee salaries and allowances increasedAnnual report
「Employee salaries and allowances 2,176 Same as above 2,190 Same as above」
Employee salaries and allowances increased from ¥2,176 million in the year-earlier period to ¥2,190 million. Meanwhile, total SG&A expenses were 99.3% of the year-earlier period due to lower depreciation and utility costs, among other factors. - FY2025-H1Interim employee salaries and allowances increasedAnnual report
「Employee salaries and allowances 2,137 Same as above 2,176 Same as above」
Employee salaries and allowances increased from ¥2,137 million in the year-earlier period to ¥2,176 million. - FY2024Higher personnel costs and Matsubara store-related expenses for the full yearAnnual report
「SG&A expenses increased to 117.8% of the previous fiscal year due to expenses associated with the opening of the Matsubara store and higher personnel costs, among other factors,」
Expenses associated with the opening of the Matsubara store and higher personnel costs increased full-year SG&A expenses to 117.8% of the previous fiscal year. - FY2024-Q3Higher personnel costs and Matsubara store-related expenses in the third quarterAnnual report
「SG&A expenses increased to 120.7% of the year-earlier period due to expenses associated with the opening of the Matsubara store and higher personnel costs, among other factors,」
Expenses associated with the opening of the Matsubara store and higher personnel costs brought SG&A expenses to 120.7% of the year-earlier period. - FY2024-Q2Higher personnel costs and Matsubara store-related expenses in the first halfAnnual report
「SG&A expenses increased to 120.8% of the year-earlier period due to expenses associated with the opening of the Matsubara store and higher personnel costs, among other factors,」
Expenses associated with the opening of the Matsubara store and higher personnel costs brought SG&A expenses to 120.8% of the year-earlier period. - FY2024-Q1Higher personnel costs and store-opening preparation expenses in the first quarterAnnual report
「SG&A expenses increased to 109.3% of the year-earlier period due to preparations for the opening of the Matsubara store and higher personnel costs, among other factors,」
Preparations for the opening of the Matsubara store and higher personnel costs are cited as factors that pushed first-quarter SG&A expenses up to 109.3% of the year-earlier period. - FY2023Higher personnel costs and store-opening preparation expenses for the full yearAnnual report
「SG&A expenses rose to ¥8,460 million, or 107.7% of the previous fiscal year, due to preparations for the opening of the Matsubara store and higher personnel costs, among other factors,」
Preparations for the opening of the Matsubara store and higher personnel costs increased full-year SG&A expenses to 107.7% of the previous fiscal year. - FY2023-Q3Higher personnel costs in the third quarterAnnual report
「SG&A expenses rose to ¥6,139 million, or 106.3% of the year-earlier period, due to preparations for the opening of the Matsubara store and higher personnel costs, among other factors,」
Higher personnel costs, together with preparations for the opening of the Matsubara store and other factors, pushed up SG&A expenses, which reached 106.3% of the year-earlier period. - FY2023-Q2First-half personnel expenses increasedAnnual report
「SG&A expenses increased to 106.3% of the year-earlier period due to higher personnel and electricity costs, among other factors,」
Higher personnel costs, together with higher electricity costs and other factors, pushed up SG&A expenses, which reached 106.3% of the year-earlier period. - FY2023-Q1First-quarter personnel expenses increasedAnnual report
「SG&A expenses increased to 105.9% of the year-earlier period due to higher personnel and electricity costs, among other factors,」
Higher personnel costs, together with higher electricity costs and other factors, are cited as drivers of the increase in SG&A expenses. - FY2022Full-year temporary staffing costs declinedAnnual report
「Selling, general and administrative expenses declined to ¥7,852 million, or 95.9% of the previous fiscal year's level, due mainly to lower temporary staffing costs, among other factors」
Lower temporary staffing costs, among other factors, are identified as a reason full-year selling, general and administrative expenses declined to 95.9% of the previous fiscal year's level. - FY2022-Q3Third-quarter temporary staffing costs declinedAnnual report
「Selling, general and administrative expenses declined to 94.8% of the year-earlier level due mainly to lower temporary staffing costs, although」
Selling, general and administrative expenses declined to 94.8% of the year-earlier level due mainly to lower temporary staffing costs, among other factors. - FY2022-Q2First-half employee salaries declinedAnnual report
「Employee salaries and allowances 1,877 Same as above 1,862 Same as above」
Among the main components of selling, general and administrative expenses, employee salaries and allowances declined by ¥15 million, from ¥1,877 million in the year-earlier period to ¥1,862 million in the cumulative second-quarter period. - FY2021Full-year personnel expenses increased; response costs incurredAnnual report
「Selling, general and administrative expenses increased to ¥8,188 million, or 109.2% of the previous fiscal year's level, due mainly to costs incurred in connection with the switch to gross presentation and higher personnel expenses, despite lower advertising expenses, among other factors」
Despite lower advertising expenses, full-year selling, general and administrative expenses increased to 109.2% of the previous fiscal year's level due mainly to costs incurred in connection with the switch to gross presentation and higher personnel expenses, among other factors. - FY2021-Q3Third-quarter personnel expenses increased; response costs incurredAnnual report
「Selling, general and administrative expenses increased to ¥6,091 million, or 108.3% of the year-earlier level, due mainly to costs incurred in response to the switch to gross presentation and higher personnel expenses, despite lower advertising expenses, although」
Higher personnel expenses, together with costs incurred in response to the switch to gross presentation, are identified as factors driving selling, general and administrative expenses higher. - FY2021-Q2First-half personnel expenses increasedAnnual report
「Selling, general and administrative expenses increased to ¥4,077 million, or 105.9% of the year-earlier level, due mainly to higher personnel expenses despite lower advertising expenses, among other factors, although」
Despite lower advertising expenses, higher personnel expenses are identified as a factor driving selling, general and administrative expenses to 105.9% of the year-earlier level. - FY2021-Q1Quarterly personnel expenses increase restatedAnnual report
「Selling, general and administrative expenses increased to ¥2,029 million, or 104.3% of the year-earlier level, due mainly to higher personnel expenses despite lower advertising expenses, among other factors, although」
The increase in personnel expenses, which was not explicitly stated in the previous full-year disclosure, is again reported as a factor driving selling, general and administrative expenses in the current quarter. - FY2020DroppedAnnual report
「Selling, general and administrative expenses declined to ¥7,501 million, or 98.7% of the previous fiscal year's level, due mainly to lower advertising expenses resulting from refraining from distributing newspaper inserts and holding events, among other factors,」
The increase in personnel expenses reported in the previous fiscal year was not explicitly identified as a factor in the change in selling, general and administrative expenses for the current fiscal year. Instead, lower advertising expenses resulting from refraining from distributing newspaper inserts and holding events were identified as the main factor behind the decline. - FY2020-Q1Quarterly personnel expenses increasedAnnual report
「Selling, general and administrative expenses increased to ¥1,946 million, or 101.4% of the year-earlier level, due mainly to higher personnel expenses, although」
Higher personnel expenses continue to be reported as a factor driving selling, general and administrative expenses to 101.4% of the year-earlier level in the current quarter. - FY2019First statedAnnual report
「While the company worked to reduce utility costs by converting in-store lighting to LED, selling, general and administrative expenses increased to ¥7,603 million, or 100.1% of the previous fiscal year's level, due in part to higher personnel expenses.」
Higher personnel expenses have been identified for the first time as a factor driving up selling, general and administrative expenses despite efforts to reduce utility costs.