Komori
Imperial Hotel (9708) · RiskRestated

Higher personnel and outsourcing costs associated with service improvements and safety measures

First written in FY2018. 7 of 9 entries say "Restated". Latest entry: FY2025-H1.

9entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2020-Q3RestatedFY2021-Q1 – FY2025-H12018: 120182019: 120192020: 320202021: 220212022: 020222023: 020232024: 22024
Same theme, other companies
Profitability Pressure from Rising Labor Costs, Outsourcing Costs, and IT Equipment and Software PricesA theme 10 companies write about · 11 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.

4 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」

    It was determined that there had been no material changes to the key risks, including higher labor and outsourcing costs and labor shortages.
  2. FY2024-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was determined that there had been no material changes to the key risks, including higher labor and outsourcing costs and labor shortages.
  3. FY2021RestatedAnnual report

    「In response to these risks, we are pursuing initiatives focused on employee care, including measures to prevent harassment and mental illness and strict management of overtime work. In hiring, in addition to planned recruitment of full-time employees and year-round mid-career recruitment, we are monitoring trends in the non-regular employment market and working to secure an appropriate workforce.」

    The company maintains its recognition of the risks associated with changes in the labor environment and labor shortages, and describes measures to secure personnel through employee care and the recruitment of full-time and mid-career employees.
  4. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was determined that there had been no material changes to the key risks, including the increase in labor and outsourcing costs.
  5. FY2021-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It was determined that there had been no material changes to the business and other risks described in the prior fiscal year, including the increase in labor and outsourcing costs.
  6. FY2020ReframedAnnual report

    「If the company needs to respond to future changes in the labor environment, including applicable laws and regulations, social insurance, working conditions and employee treatment, labor and outsourcing costs may increase. If product provision is disrupted due to a worsening labor shortage, this may affect the Group's ability to secure earnings.」

    The previous issue of higher costs associated with service improvements and safety and security was expanded into labor-related risks, including changes in the labor environment, labor shortages and disruptions to product provision.
  7. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was determined that there had been no material changes to the business and other risks described in the prior fiscal year, including the increase in labor and outsourcing costs associated with service improvements and ensuring safety and security.
  8. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    It was determined that there had been no material changes to the risks described in the prior fiscal year, including the increase in labor and outsourcing costs associated with service improvements and ensuring safety and security.
  9. FY2018First statedAnnual report

    「The increase in labor and outsourcing costs required to improve services and further ensure safety and security could not be fully offset.」

    It is stated that the increase in labor and outsourcing costs associated with service improvements and ensuring safety and security actually occurred and could not be fully offset by expense reductions.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Imperial Hotel's next results are scheduled for 2026-10-29. Read the earnings preview
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