Risk of Earnings Impact from Higher Social Insurance Premium Rates
First written in FY2018. 5 of 9 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 8 of 15 companies on the "Worse" side.
45 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Hirayama Group has a large number of employees and is required to participate in the social insurance system. If social insurance contribution rates rise in the future, this could affect the Hirayama Group’s operating results and financial condition.」
The company continues to disclose the risk of higher social insurance contribution rates associated with its large number of employees. - FY2024-Q1MaterialisedAnnual report
「In terms of profit, cost of sales and selling, general and administrative expenses increased due to the abolition of the social insurance contribution rate reduction measures implemented in the previous fiscal year and expenses related to refunds of withholding tax, among other factors.」
The company explained that overseas operations actually incurred higher cost of sales and selling, general and administrative expenses following the abolition of the social insurance contribution rate reduction measures. - FY2023RestatedAnnual report
「The Hirayama Group has a large number of employees and is required to participate in the social insurance system. If social insurance contribution rates rise in the future, this could affect the Hirayama Group’s operating results and financial condition.」
The company continues to disclose the risk of higher social insurance contribution rates associated with its large number of employees. - FY2021RestatedAnnual report
「The Hirayama Group has a large number of employees and is required to participate in the social insurance system. If social insurance contribution rates rise in the future, this could affect the Hirayama Group’s operating results and financial condition.」
The company continues to disclose the risk of higher social insurance contribution rates associated with its large number of employees. - FY2020RestatedAnnual report
「The Group has a large number of employees and is required to participate in the social insurance system. If social insurance contribution rates rise in the future, this could affect the Group’s operating results and financial condition.」
The company continues to disclose the risk of higher social insurance contribution rates associated with its large number of employees. - FY2019RestatedAnnual report
「Because the Company was able to pass on the increase in fixed costs resulting from the year-on-year rise in social insurance premiums and other costs to many customers, order prices increased and contributed to higher profit.」
The company continues to explain that it addressed the risk of higher fixed costs, including social insurance contributions, by passing the increases on to customers. - FY2019-Q3MitigatedAnnual report
「Because the Company was able to pass on the increase in fixed costs resulting from the year-on-year rise in social insurance premiums and other costs to many customers, order prices increased and contributed to higher profit.」
Although fixed costs, including social insurance contributions, continue to rise, the company explained that it had passed the increases on to many customers, contributing to higher order prices and increased profit. - FY2019-Q1MitigatedAnnual report
「In addition, because many customers continued to bear the increase in fixed costs resulting from the year-on-year rise in social insurance premiums and other costs, order prices increased and contributed to higher profit.」
Although fixed costs, including social insurance contributions, have risen, the company explained that it had passed much of the increase on to its customers, contributing to higher order prices and increased profit. - FY2018First statedAnnual report
「The Group has a large number of employees and is required to participate in the social insurance system. If social insurance contribution rates rise in the future, this could affect the Group’s operating results and financial condition.」
The obligation to participate in social insurance arising from the large number of employees, and the potential impact of future increases in contribution rates on operating results and financial condition, have been identified as risks for the first time.