SG&A expense structure with low sensitivity to revenue fluctuations
First written in FY2017-Q3. 20 of 21 entries say "Restated". Latest entry: 2026-07-30.
No other company in this theme has enough history to compare yet.
- 2026-07-30RestatedEarnings
「Selling, general and administrative expenses amounted to ¥3.684 billion, up 20.3% year on year, as personnel expenses, including the provision for bonuses, and office expenses increased with the rise in operating revenue, despite a decline in real estate-related expenses.」
The expense structure reflected increases in personnel expenses, including the provision for bonuses, in line with higher operating revenue. - FY2024RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its SG&A cost structure, which is primarily fixed costs, with bonuses fluctuating according to business performance. - FY2024-Q3RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its SG&A cost structure, which is primarily fixed costs, with bonuses fluctuating according to business performance. SG&A expenses were ¥8.828 billion, or 103.1% of the level in the same period of the previous year. - FY2024-Q2RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. - FY2023-Q3RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses increase or decrease according to business performance. - FY2023-Q2RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses increase or decrease according to business performance. - FY2023-Q1RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses increase or decrease according to business performance. - FY2022-Q2RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. SG&A expenses for the cumulative second quarter period were 99.4% of the level in the same period of the previous year. - FY2022-Q1RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. - FY2021-Q3RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. - FY2021-Q1RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company continues to explain its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. SG&A expenses for the first quarter were 104.2% of the level in the same period of the previous year. - FY2020-Q3RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company reconfirms its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. SG&A expenses for the cumulative third quarter period were 96.6% of the level in the same period of the previous year. - FY2020-Q1RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company reconfirms its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. - FY2019RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company reconfirms its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. - FY2019-Q3RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company reconfirms its cost structure in which most SG&A expenses are fixed and bonuses fluctuate according to business performance. SG&A expenses for the cumulative third quarter period were 94.0% of the level in the same period of the previous year. - FY2019-Q1RestatedAnnual report
「In terms of expenses, most selling, general and administrative expenses are fixed, while bonuses included in personnel expenses fluctuate according to business performance.」
The Company reconfirms its cost structure in which most SG&A expenses are fixed and only bonuses fluctuate according to business performance. - FY2018-Q3RestatedAnnual report
「Meanwhile, in the Company's case, selling, general and administrative expenses, which account for most expenses, have a low correlation with changes in revenue and do not increase or decrease in direct proportion to it.」
The Company continues to explain its cost structure in which SG&A expenses do not fluctuate in proportion to changes in revenue. - FY2018-Q2RestatedAnnual report
「Meanwhile, in the Company's case, selling, general and administrative expenses, which account for most expenses, have a low correlation with changes in revenue and do not increase or decrease in direct proportion to it.」
The Company continues to explain its cost structure in which SG&A expenses do not fluctuate in proportion to changes in revenue. - FY2018-Q1RestatedAnnual report
「Meanwhile, in the Company's case, selling, general and administrative expenses, which account for most expenses, have a low correlation with changes in revenue and do not increase or decrease in direct proportion to it.」
The Company continues to explain its cost structure in which SG&A expenses do not fluctuate in proportion to changes in revenue. - FY2017RestatedAnnual report
「Meanwhile, in the Company's case, selling, general and administrative expenses, which account for most expenses, have a low correlation with changes in revenue and do not increase or decrease in direct proportion to it.」
The Company reconfirms its cost structure in which SG&A expenses do not fluctuate in proportion to changes in revenue. - FY2017-Q3First statedAnnual report
「Meanwhile, in the Company's case, selling, general and administrative expenses, which account for most expenses, have a low correlation with changes in revenue and do not increase or decrease in direct proportion to it.」
The disclosure explicitly identifies for the first time a cost structure in which selling, general and administrative expenses, which account for most expenses, do not fluctuate in proportion to changes in revenue.