Cost reductions and use of public support measures in response to COVID-19
First written in FY2020. 6 of 16 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2024.
1 other company's latest entry also says "Other".
- FY2024Grant and other income disappears for the full fiscal yearAnnual report
「Grant and other income of ¥47 million is reflected in ordinary loss for the previous consolidated fiscal year.」
Although grant and other income of ¥47 million was recorded in the previous consolidated fiscal year, no grant and other income was recorded in the current consolidated fiscal year, and ordinary income of ¥120 million was recorded without a contribution from government support income. - FY2024-Q2RestatedAnnual report
「Grant and other income of ¥45 million is reflected in ordinary loss for the cumulative second quarter of the previous fiscal year.」
Although grant and other income of ¥45 million was recorded in the same period of the previous year, no grant and other income was recorded in the current cumulative second quarter, and the absence of a contribution from government support income has continued. - FY2024-Q1Grant and other income disappears in the quarterAnnual report
「Grant and other income of ¥26 million is reflected in ordinary loss for the cumulative first quarter of the previous fiscal year.」
Although grant and other income of ¥26 million was reflected in ordinary loss in the same quarter of the previous year, no grant and other income was recorded in the current first quarter, eliminating the contribution from government support income. - FY2023Grant and other income continues to decline for the full fiscal yearAnnual report
「While operating loss improved by ¥280 million, ordinary loss improved by only ¥50 million, primarily because grant and other income decreased by ¥209 million due to reductions in the unit amount of employment adjustment subsidies, which had been increased under special measures related to COVID-19, and a decrease in total days of leave as the group's operations recovered.」
The company continued using public support, but grant and other income decreased from ¥257.427 million in the previous fiscal year to ¥47.430 million. The stated reasons were reductions in the unit amount of employment adjustment subsidies and fewer days of leave. - FY2023-Q3Grant and other income continues to decline year on yearAnnual report
「While operating loss improved by ¥165 million, ordinary loss worsened by ¥24 million, primarily because grant and other income decreased by ¥156 million due to reductions in the unit amount of employment adjustment subsidies, which had been increased under special measures related to COVID-19, and a decrease in total days of leave as the group's operations recovered.」
The company continued using public support, but grant and other income decreased by ¥156 million year on year due to reductions in the unit amount of employment adjustment subsidies and fewer days of leave. - FY2023-Q2Grant and other income declinesAnnual report
「Grant and other income of ¥45 million is reflected in ordinary loss. While operating loss improved by ¥72 million, ordinary loss worsened by ¥58 million, primarily because grant and other income decreased by ¥100 million as a result of the reduction of the COVID-19 special employment adjustment subsidy provided by the government and the decrease in total days of leave as the group's operations recovered.」
The company continued using public support, but grant and other income decreased by ¥100 million year on year to ¥45 million in the cumulative second quarter. The stated reasons were the reduction of the government's COVID-19 special employment adjustment subsidy and the decrease in days of leave. - FY2023-Q1Grant and other income recordedAnnual report
「Grant and other income of ¥26 million is reflected in ordinary loss.」
The company continued using public programs, and grant and other income of ¥26 million is reflected in ordinary loss for the cumulative first quarter. - FY2022AdvancedAnnual report
「Grant and other income 344,379 257,427」
The company continued reducing costs through shorter business hours, partial closures, and controls on compensation and advertising expenses. Grant and other income totaled ¥257.427 million in FY2022. - FY2022-Q3AdvancedAnnual report
「These circumstances give rise to conditions that could cause material doubts about the going-concern assumption. To address them, we have continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising salaries, and restraining advertising expenses. Grant and other income of ¥203 million is reflected in ordinary loss.」
The company continued its cost-reduction measures and use of public programs, recording grant and other income of ¥203 million in the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「These circumstances give rise to conditions that could cause material doubts about the going-concern assumption. To address them, we have continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising salaries, and restraining advertising expenses.」
As a response to COVID-19, the company has continued since the previous consolidated fiscal year to reduce costs through reduced operations, use of public programs, and controls on executive compensation, salaries, and advertising expenses. Grant and other income of ¥146 million is reflected in ordinary loss. - FY2022-Q1AdvancedAnnual report
「These circumstances give rise to conditions that could cause material doubts about the going-concern assumption. To address them, we have continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising salaries, and restraining advertising expenses. Grant and other income of ¥73 million is reflected in ordinary loss.」
The company continued its cost-reduction measures and use of public programs, recording grant and other income of ¥73 million in the cumulative first quarter. - FY2021AdvancedAnnual report
「These circumstances give rise to conditions that could cause material doubts about the going-concern assumption. To address them, we have continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising salaries, and restraining advertising expenses.」
The company continued its cost-reduction measures and use of public programs in FY2021, with grant and other income totaling ¥344.379 million. It also continued investing some internal resources in the domestic travel segment. - FY2021-Q3AdvancedAnnual report
「The company reduced selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses.」
The company continued its cost-reduction measures and use of public programs. Grant and other income totaled ¥260.364 million in the cumulative third quarter, up from ¥175.827 million in FY2021-Q2. - FY2021-Q2AdvancedAnnual report
「We sought to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising salaries, and restraining advertising expenses. Grant and other income was ¥175.827 million.」
The company continued its cost-reduction measures and use of public programs, recording grant and other income of ¥175.827 million in the cumulative second quarter. - FY2021-Q1RestatedAnnual report
「To address these circumstances, we sought to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising salaries, and restraining advertising expenses.」
As a response to COVID-19, the company has continued to describe measures to reduce selling, general and administrative expenses through reduced operations, use of public programs, and controls on compensation, salaries, and advertising expenses. - FY2020First statedAnnual report
「To address these circumstances, we sought to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising salaries, and restraining advertising expenses.」
As measures to address material doubts about the going-concern assumption, the company has, for the first time, systematically described cost reductions combining reduced business hours and operations, use of public programs, and controls on executive compensation, salaries, and advertising expenses.