Factors behind the decline in profit due to increased headcount accompanying research and development and business expansion
First written in FY2023-Q2. . Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Updated full-year cost and earnings impactAnnual report
「Selling, general and administrative expenses increased 3.5% from the previous consolidated fiscal year to ¥11,137 million, mainly because employee bonuses and outsourcing costs rose in line with improved performance and business expansion.」
Updated to reflect a 3.5% increase in selling, general and administrative expenses due to higher costs associated with research and business expansion. - FY2025Updated full-year cost and earnings impactAnnual report
「Selling, general and administrative expenses increased 0.7% from the previous consolidated fiscal year to ¥10,762 million, mainly because research and development expenses and salaries and allowances rose in line with new product development and business expansion.」
While research and development expenses declined, selling, general and administrative expenses increased 0.7% due to higher personnel expenses, including the impact of salary increases. - FY2024Updated impact on full-year resultsAnnual report
「Selling, general and administrative expenses increased 7.7% from the previous consolidated fiscal year to ¥10,685 million, mainly because research and development expenses and salaries and allowances rose in line with new product development and business expansion.」
Updated full-year results to reflect a 7.7% increase in selling, general and administrative expenses due to higher costs associated with research and development and business expansion. - FY2023Updated impact on full-year resultsAnnual report
「Meanwhile, the focus on research and development and increased personnel associated with business expansion affected results. Revenue was ¥38,629 million, up 3.7% from the previous fiscal year; operating profit was ¥2,319 million, down 10.3%; ordinary profit was ¥2,480 million, down 16.9%; and profit attributable to owners of the parent was ¥1,666 million, down 24.1%.」
The focus on research and development and increased personnel associated with business expansion continued, contributing to full-year declines in operating profit and other earnings despite higher revenue. - FY2023-Q3Updated impact on third-quarter resultsAnnual report
「Against this backdrop, for the first nine months, although sales of electronic design automation (EDA) software and payment terminals remained generally steady, increased research and development expenses and headcount associated with business expansion resulted in net sales of ¥28,122 million, up 0.6% year on year; operating income of ¥1,430 million, down 38.1%; ordinary income of ¥1,663 million, down 37.1%; and net income attributable to owners of the parent of ¥990 million, down 49.2%.」
The focus on research and development and increased personnel associated with business expansion continued, contributing to declines in operating profit and other earnings despite a slight increase in revenue. - FY2023-Q2First statedAnnual report
「Although sales of in-house test systems and payment terminals remained generally steady, the focus on research and development and increased personnel associated with business expansion affected results. Revenue was ¥19,763 million, up 4.8% year on year; operating profit was ¥1,261 million, down 24.9%; ordinary profit was ¥1,528 million, down 21.7%; and profit attributable to owners of the parent was ¥923 million, down 34.4%.」
For the first 2 quarters, the company stated that its focus on research and development and increased personnel associated with business expansion reduced operating profit, ordinary profit, and profit attributable to owners of the parent despite higher revenue.