Securing Earnings Through Company-Wide Cost Reductions
First written in FY2018-Q1. 4 of 7 entries say "Advanced", first in FY2018. Latest entry: FY2022.
89 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「As a result, for the consolidated fiscal year, revenue and the operating profit margin declined year on year, but reductions in selling, general and administrative expenses and other measures resulted in revenue of ¥51,123 million, compared with ¥53,487 million in the previous fiscal year, and operating profit of ¥548 million, compared with ¥782 million.」
While revenue and operating profit fell below the previous year, we continued to use reductions in selling, general and administrative expenses to secure earnings. - FY2021AdvancedAnnual report
「This was due mainly to a ¥441 million increase resulting from improvements in the cost ratio through restrained discounting in the condominium business and reductions in selling, general and administrative expenses.」
Restrained discounting, an improved cost ratio, and reductions in selling, general and administrative expenses led to a ¥441 million increase in operating profit. - FY2021-Q1AdvancedAnnual report
「In these circumstances, our Group established a system for customers to consult online or by telephone about questions and concerns regarding their homes and lifestyles and undertook new sales activities. Financially, we also restrained new investments, reduced nonessential costs, and increased our financing capacity.」
In addition to conventional reductions in selling, general and administrative expenses, we restrained new investments and reduced nonessential costs amid the spread of COVID-19. - FY2019-Q3RestatedAnnual report
「We also continued to work to improve earnings through reductions in selling, general and administrative expenses.」
We continued initiatives using reductions in selling, general and administrative expenses to improve earnings. - FY2019-Q1RestatedAnnual report
「We also worked to improve earnings through measures including reductions in selling, general and administrative expenses.」
We continued to implement measures including reductions in selling, general and administrative expenses to improve earnings. - FY2018AdvancedAnnual report
「Operating profit for the consolidated fiscal year was ¥1,894 million, up 24.8% year on year, due mainly to improvements in the cost-of-sales ratio and the ratio of selling, general and administrative expenses.」
Cost reductions and improvements in expense ratios were reflected in full-year results, with operating profit of ¥1,894 million, up 24.8% year on year. - FY2018-Q1First statedAnnual report
「We also continued to pursue company-wide cost reductions to secure earnings.」
Company-wide cost reductions were described as a means of securing earnings.