Cost Reduction Through a Review of Store Hours
First written in FY2017-Q2. 15 of 21 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2018: 2 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Regarding profit, although raw-material costs and energy costs increased, fixed costs declined as a result of the effects of various ongoing reforms and efficiency improvements,」
It reconfirms the explanation that ongoing reforms and efficiency improvements reduced fixed costs and contributed to higher profit. - FY2024RestatedAnnual report
「Regarding profit, partly due to the effects of business-efficiency improvements from the integration and consolidation of factories and stores carried out in previous fiscal years,」
It reconfirms the explanation that the efficiency gains from the integration and consolidation of factories and stores carried out in previous fiscal years contributed to improved profit. - FY2024-Q3RestatedAnnual report
「Regarding profit, although raw-material costs and energy costs increased, fixed costs declined as a result of the effects of various ongoing reforms and efficiency improvements,」
It reconfirms the explanation that ongoing reforms and efficiency improvements contributed to profit by reducing fixed costs. No new measures or additional achievements since the previous quarter are indicated. - FY2024-Q2AdvancedAnnual report
「Regarding profit, although raw-material costs and energy costs increased, fixed costs declined as a result of the effects of various ongoing reforms and efficiency improvements,」
It states that ongoing reforms and efficiency improvements reduced fixed costs and contributed to higher profit. - FY2023RestatedAnnual report
「In terms of profit, partly reflecting the effects of improved business efficiency from the consolidation and closure of plants and stores implemented since the previous fiscal year,」
It reconfirms the explanation that continued business-efficiency improvements through the integration and consolidation of factories and stores contributed to reducing the loss. - FY2022RestatedAnnual report
「Regarding profit, partly due to the effects of business-efficiency improvements from the integration and consolidation of factories and stores implemented since the previous fiscal year, the operating loss narrowed to ¥444.597 million from an operating loss of ¥624.435 million in the previous fiscal year,」
It reconfirms the explanation that continuing the integration and consolidation of factories and stores since the previous fiscal year as an efficiency measure contributed to reducing the loss. - FY2022-Q2RestatedAnnual report
「In terms of profit, partly reflecting the effects of improved business efficiency from the consolidation and closure of plants and stores implemented since the previous fiscal year, operating loss was ¥4.285 million, an improvement of ¥42.519 million from the same quarter of the previous year, when operating loss was ¥46.805 million. Ordinary profit was ¥115.270 million, an improvement of ¥76.744 million, or 199.2%, from the same quarter of the previous year, and net income for the quarter was ¥71.097 million, an improvement of ¥46.316 million, or 186.9%.」
It reconfirms the explanation that the integration and consolidation of factories and stores since the previous fiscal year have continued as a business-efficiency measure and contributed to improved profit. - FY2022-Q1RestatedAnnual report
「Regarding profit, partly due to the effects of business-efficiency improvements from the integration and consolidation of factories and stores implemented since the previous fiscal year, operating profit was ¥261.195 million, up ¥63.291 million, or 32.0%, from the same quarter of the previous year,」
It reconfirms that the integration and consolidation of factories and stores implemented since the previous fiscal year have continued as a business-efficiency measure and contributed to profit. - FY2021-Q3AdvancedAnnual report
「Meanwhile, to improve business efficiency, we closed and consolidated 6 plants and closed unprofitable stores.」
In addition to closing unprofitable stores, the Company closed and integrated 6 factories as an efficiency measure. - FY2020RestatedAnnual report
「Regarding profit, the Company was affected by lower revenue, the previously mentioned investment expenses, temporary costs associated with the closure of unprofitable stores and the integration of factories and plants, and higher labor costs,」
It states that, while the Company pursued the closure of unprofitable stores and the integration of factories and plants as efficiency measures, the related temporary costs and higher labor costs weighed on profit for the fiscal year. - FY2020-Q3ReframedAnnual report
「Regarding profit, the Company incurred temporary costs associated with the integration of plants and factories and the closure of unprofitable stores, as well as higher labor costs,」
It states that, while the Company pursued plant and factory integration and the closure of unprofitable stores as efficiency and expense-reduction measures, temporary costs associated with these measures were incurred during the quarter and weighed on profit. - FY2020-Q2AdvancedAnnual report
「Regarding profit, the Company worked to reduce expenses, including through the integration of plants and the closure of unprofitable stores, but」
In addition to the previously reported closure of unprofitable stores and related measures, plant integration is explicitly identified as an expense-reduction measure. - FY2020-Q1RestatedAnnual report
「Regarding profit, the Company worked to reduce expenses, including through the closure of unprofitable stores, but operating profit was ¥493.576 million, down ¥112.558 million, or 18.6%, from the same quarter of the previous year due to lower sales and higher labor costs,」
Expense reductions through the closure of unprofitable stores are ongoing, but operating profit declined due to lower sales and higher labor costs. - FY2019RestatedAnnual report
「Regarding profit, the Company worked to reduce expenses through continued productivity improvements and the closure of unprofitable stores, resulting in」
It reconfirms that expense reductions through productivity improvements and the closure of unprofitable stores are ongoing. - FY2018RestatedAnnual report
「Regarding profit, the Company worked to reduce expenses through ongoing productivity improvements and the closure of unprofitable stores, but operating profit was ¥199.775 million, down ¥161.610 million, or 44.7%, from the previous fiscal year, while ordinary profit was ¥289.962 million, down ¥156.961 million, or 35.1%.」
It reconfirms that expense reductions through productivity improvements and the closure of unprofitable stores are ongoing, but full-year operating profit and ordinary profit declined. - FY2018-Q3RestatedAnnual report
「Regarding profit, the Company worked to reduce expenses through ongoing productivity improvements and the closure of unprofitable stores, but operating profit was ¥448.050 million, down ¥71.175 million, or 13.7%, from the same quarter of the previous year; ordinary profit was ¥513.773 million, down ¥63.526 million, or 11.0%; and net profit for the quarter was ¥325.941 million, down ¥6.902 million, or 2.1%.」
It reiterates that expense reductions through productivity improvements and the closure of unprofitable stores are ongoing, but provides no specific new measures or milestones achieved. - FY2018-Q2ReframedAnnual report
「Regarding profit, the Company worked to reduce expenses through ongoing productivity improvements, the closure of unprofitable stores and reductions in labor costs, but」
It describes a broader expense-reduction effort, including the ongoing review of operating hours, continued productivity improvements, the closure of unprofitable stores and labor-cost reductions. - FY2018-Q1RestatedAnnual report
「Regarding profit, continued efforts to improve productivity at factories and plants, close unprofitable stores and reduce expenses, including the review of operating hours and the introduction of regular closing days in the previous fiscal year, proved effective,」
It reiterates the explanation that productivity improvements, the closure of unprofitable stores and the review of operating hours, including the introduction of regular closing days, contributed to expense reductions. - FY2017RestatedAnnual report
「The main factors behind the decline were the success of various expense-reduction measures, including shorter working hours following the introduction of regular closing days and the deployment at all factories and plants of a newly developed custom-made body form finisher for three-dimensional finishing of jackets, which secured consistent finishing quality and improved production efficiency.」
The full-year cost analysis reconfirms the effects of reducing working hours and expenses through the introduction of regular closing days, the review of operating hours and the installation of equipment. - FY2017-Q3RestatedAnnual report
「The closure of unprofitable stores and the review of operating hours proved effective, and as a result, cost of sales and selling, general and administrative expenses declined,」
It reiterates the explanation that closing unprofitable stores and reviewing operating hours contributed to lower expenses. - FY2017-Q2First statedAnnual report
「Although expenses related to capital investment increased, continued efforts to improve productivity at factories and plants, together with the closure of unprofitable stores and the review of operating hours, reduced cost of sales and selling, general and administrative expenses, resulting in」
It is stated for the first time that, in addition to closing unprofitable stores, reviewing operating hours was a measure that led to reductions in cost of sales and selling, general and administrative expenses.