Increase in general expenses from the Cashless Consumer Rebate Program
First written in FY2021-Q1. . Latest entry: FY2024-Q3.
No other company in this theme has enough history to compare yet.
- FY2024-Q3General expenses continue to increase due to provisions for doubtful accountsAnnual report
「Selling, general and administrative expenses increased by ¥5.3 billion from the previous year to ¥146.3 billion, mainly due to higher provisions for doubtful accounts resulting from increased delinquent receivables in Japan and overseas.」
The increase in general expenses continued through the first nine months, driven by higher provisions for doubtful accounts resulting from increased delinquent receivables in Japan and overseas. - FY2024-Q2Increase in general expenses due to provisions for doubtful accountsAnnual report
「Selling, general and administrative expenses increased by ¥4.9 billion year on year to ¥98.1 billion, mainly due to an increase in the provision for doubtful accounts accompanying the rise in delinquent receivables in Japan and overseas.」
After general expenses had declined following the expiration of the previous year's one-time factors, the increase in provisions for doubtful accounts resulting from higher delinquent receivables in Japan and overseas became a driver of the increase this time. - FY2023Increase in general expenses widenedAnnual report
「General expenses increased by ¥4.6 billion from the previous year to ¥144.1 billion, mainly due to higher property-related expenses resulting from one-time factors associated with the My Number points program.」
Following the previous year's points cashback program, general expenses increased by ¥4.6 billion from the previous year due mainly to one-time factors associated with the My Number points program. - FY2023-Q3Increase in general expenses widenedAnnual report
「General expenses increased by ¥1.8 billion year on year to ¥105.8 billion, mainly due to higher property-related expenses and data-processing costs, including depreciation of the new collections system.」
General expenses, which had been declining year on year, increased by ¥1.8 billion from the previous year due mainly to amortization of the new collections system. - FY2023-Q2General expenses turned to an increaseAnnual report
「General expenses increased by ¥800 million year on year to ¥70.6 billion, mainly due to higher data-processing costs resulting from increased property-related expenses and depreciation of the new collection system.」
General expenses, which had been declining year on year, increased by ¥800 million from the previous year due mainly to higher data processing costs, including amortization of the new collections system. - FY2022-Q2¥5.3 billion decrease in general expensesAnnual report
「General expenses decreased by ¥5.3 billion year on year to ¥69.7 billion. In addition to a decrease attributable to one-off factors, we offset the increase in expenses associated with higher transaction volume and other factors by further accelerating process innovation initiatives, including expanding the scope of Web-based card statements and optimising IT costs.」
General expenses decreased by ¥5.3 billion year on year, mainly due to the impact of one-time factors related to the previous year's points cashback program. The Company is containing expense growth by expanding the scope of web-based operations and optimizing IT costs. - FY2022-Q1One-time factors fell away, reducing general expensesAnnual report
「General expenses decreased by ¥2.6 billion year on year to ¥34.7 billion. We offset the increase in expenses associated with higher transaction volume and other factors by further accelerating process innovation initiatives, including the launch of Web-based card statements for major partners, resulting in a level broadly in line with the previous year excluding one-off factors related to the points-reward business.」
The one-time factor related to the points cashback program in the previous year fell away, and general expenses decreased by ¥2.6 billion year on year. - FY2021Decrease in general expenses excluding one-time factorsAnnual report
「General expenses decreased by ¥400 million year on year, while excluding one-off factors, the decrease was ¥3.2 billion year on year, reflecting the success of cost controls through process innovation.」
General expenses, including one-time factors such as the cashless points cashback program, decreased by ¥400 million year on year, while the decrease after adjustment was ¥3.2 billion. - FY2021-Q3Slight decrease in the amount of one-time factorsAnnual report
「General expenses increased by ¥1.9 billion year on year. However, excluding the one-off factor related to the points-reward programme (a ¥4.3 billion increase), general expenses decreased by ¥2.3 billion year on year, partly due to the benefits of process innovation.」
The one-time factor related to the points cashback program was specified as a ¥4.3 billion increase, down from ¥4.5 billion in the previous quarter. - FY2021-Q2Specific quantification of one-time factorsAnnual report
「General expenses increased by ¥2.4 billion year on year. However, excluding the one-off factor related to the points-reward programme (¥4.5 billion), general expenses decreased year on year, partly due to the benefits of process innovation.」
The one-time factor in the increase in general expenses associated with the cashless points cashback program was quantified at ¥4.5 billion. - FY2021-Q1First statedAnnual report
「Total operating expenses increased, mainly due to higher general expenses associated with the cashless consumer cashback program.」
The increase in general expenses associated with the cashless consumer cashback program is identified separately for the first time as a driver of higher operating expenses in the quarter.