Higher cost of sales, mainly personnel costs, driven by expanded recruitment
First written in FY2022-Q3. 6 of 13 entries say "Restated". Latest entry: 2026-10-05.
The whole theme swung hardest in 2026: 10 of 19 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- 2026-10-05OtherFinancial results presentation
「一部の大型案件において想定を超える費用が生じたことと、顧客需要の急変によりエンジニアの待機コストが一時的に発生したことで売上原価が増加」
大型案件の追加費用、顧客需要の急変による一時的な待機コスト、事業規模拡大に伴う人件費増加が売上原価の増加要因として具体化された。一方、上期に発生した一時的なコスト要因は縮小し、3Q単体では収益性が改善している。 - FY2026-H1Higher cost of sales and lower operating profitAnnual report
「Cost of sales 4,355,413 5,118,036 / Selling, general and administrative expenses 1,109,215 1,128,779 / Operating income 346,103 222,999」
Cost of sales and selling, general and administrative expenses increased year on year, while operating income declined from ¥346,103 thousand to ¥222,999 thousand. - FY2025Limited recruitment-cost impact; lower SG&AAnnual report
「We offset the increase in cost of sales associated with active engineer recruitment through higher engineer rates, limiting its impact on the gross profit margin. Selling, general and administrative expenses declined because, while we continued developing the business platform for further growth, we partially revised the classification between production and sales.」
Explains that higher engineer rates offset the increase in cost of sales from recruitment, limiting the impact on the gross profit margin. SG&A declined following a partial revision of the production and sales classification. - FY2025-H1Improved gross margin offset recruitment and training burden; higher platform-investment costsAnnual report
「We offset the increase in cost of sales from active engineer recruitment and the increase in trainees, including new graduates, through higher engineer rates and a recovery in utilization, improving the gross profit margin. Selling, general and administrative expenses increased as we developed the business platform for further growth.」
States that higher engineer rates and recovered utilization offset the burden of recruitment and training and improved the gross profit margin, while selling, general and administrative expenses increased due to business-platform development. - FY2024Full-year cost and gross-margin updateAnnual report
「Cost of sales was ¥8,312,666 thousand, up 13.2% year on year. / Cost of sales as a percentage of revenue was 74.1%, down 0.1 percentage point year on year.」
Although cost of sales related to recruitment and training increased, the full-year cost-of-sales ratio declined 0.1 percentage point year on year. Selling, general and administrative expenses increased due to recruitment and training and system implementation. - FY2024-Q2Lower gross profit margin due to more traineesAnnual report
「Meanwhile, to meet strong demand for IT investment and related services, we actively recruited engineers, which increased cost of sales, while the gross profit margin declined due to the increase in trainees, including new graduates. Selling, general and administrative expenses increased with the increase in engineer recruitment.」
States that cost of sales and selling, general and administrative expenses increased with recruitment, while the gross profit margin declined due to the increase in trainees, including new graduates. - FY2024-Q1RestatedAnnual report
「Cost of sales increased as we actively recruited engineers, but the gross profit margin improved as we worked to increase revenue per engineer, including by winning high-value projects through the development of high-value-added engineers. Selling, general and administrative expenses increased with the increase in engineer recruitment.」
Reaffirms increases in cost of sales and selling, general and administrative expenses from increased engineer recruitment, while noting that efforts to increase revenue per engineer improved the gross profit margin. - FY2023RestatedAnnual report
「Labor costs increased as we actively increased our engineering workforce to meet strong customer demand for engineers, but」
Reaffirms the increase in labor costs and cost of sales from expanding the engineering workforce in the full-year performance analysis. - FY2023-Q3RestatedAnnual report
「Cost of sales increased as we actively recruited engineers to meet strong demand for IT investment and related services, but the gross profit margin improved as we worked to improve utilization and revenue per engineer. Selling, general and administrative expenses increased with the increase in engineer recruitment.」
Reaffirms increases in cost of sales and selling, general and administrative expenses associated with increased engineer recruitment. - FY2023-Q2RestatedAnnual report
「Cost of sales increased as we actively recruited engineers to meet strong demand for IT investment and related services, but the gross profit margin improved as we worked to improve utilization and revenue per engineer. Selling, general and administrative expenses increased with the increase in engineer recruitment.」
Reaffirms increases in cost of sales and selling, general and administrative expenses associated with increased engineer recruitment. - FY2023-Q1RestatedAnnual report
「Cost of sales increased as we actively recruited engineers, but the gross profit margin improved as we worked to improve utilization and revenue per engineer. Selling, general and administrative expenses increased with the increase in engineer recruitment.」
Reaffirms increases in cost of sales and selling, general and administrative expenses associated with increased engineer recruitment. - FY2022RestatedAnnual report
「Labor costs increased as we actively increased our engineering workforce to meet strong customer demand for engineers.」
Explains the increase in labor costs from hiring more engineers in the full-year cost-of-sales analysis. - FY2022-Q3First statedAnnual report
「Cost of sales increased, mainly due to personnel costs, as we actively recruited engineers.」
Records the increase in costs associated with expanded recruitment as a fact concerning results for the cumulative period.