Thorough Cost Reduction
First written in FY2017-Q1. 12 of 21 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2027-H1.
41 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Maintaining the existing earnings base and managing costs」
Maintaining the existing earnings base and managing costs continue to be identified as measures in response to the going-concern issue. - FY2026AdvancedAnnual report
「We are working to improve profitability by expanding the education business through effective use of our head-office space and developing small-scale, high-value-added stores.」
The review of the cost structure and store operations has taken concrete form through the effective use of head-office space and the rollout of small-footprint, high-value-added stores. - FY2025AdvancedAnnual report
「As a result, sales were ¥161 million, down 9.9% year on year, and the segment loss (operating loss) was ¥5 million, compared with an operating loss of ¥21 million in the previous fiscal year. However, efforts to reduce expenses, including salon personnel costs, narrowed the deficit by ¥15 million from the previous consolidated fiscal year.」
The eyelash care business continued to reduce expenses, including personnel costs, narrowing its operating loss from ¥21 million to ¥5 million despite lower sales. - FY2024AdvancedAnnual report
「In the salon division of this business, although we closed 1 store during the current consolidated fiscal year, namely the Shinjuku Marui store in November 2023, the increase in customer numbers at other stores kept the decline in sales modest.」
As part of measures to close unprofitable stores and reduce expenses, the Shinjuku Marui store was closed in November 2023. Although the number of stores declined, the increase in customer numbers at other stores kept the decline in sales modest. - FY2024-Q1AdvancedAnnual report
「We also worked to review costs such as selling, general and administrative expenses.」
The EV business reviewed costs such as selling, general and administrative expenses, narrowing the operating loss in the system solutions business from ¥44 million in the same period of the previous year to ¥36 million. In the eyelash care business, the Company also reduced setup and personnel costs by running a campaign exclusively through its online site without holding an exhibition. - FY2023RestatedAnnual report
「As a group, we will monitor the impact and work to reduce miscellaneous expenses and product costs in order to minimize the impact on our businesses.」
The measure of mitigating the impact of the external environment through reductions in miscellaneous expenses and product costs is reiterated. - FY2023-Q3AdvancedAnnual report
「In this business, following the closure of unprofitable stores carried out before the second quarter of the consolidated accounting period, we reduced expenses, including personnel costs. The number of stores declined from the same period of the previous year, resulting in decreases in customer traffic and sales, but measures to direct customers from the closed stores to existing stores enabled us to retain a certain number of those customers at existing stores. As a result, sales were ¥159 million, down 3.2% year on year, and the sales mix was 85.2%. The segment loss (operating loss) was ¥47 million, representing an improvement of ¥47 million from the same quarter of the previous year, when the operating loss was ¥95 million.」
Expense reductions, including personnel costs, continued after the closure of unprofitable stores, narrowing the operating loss in the eyelash care business from ¥95 million in the same period of the previous year to ¥47 million. - FY2023-Q2AdvancedAnnual report
「During the second quarter accounting period, we closed 3 unprofitable stores and reduced expenses, including personnel costs.」
The closure of unprofitable stores progressed from the previous planning stage to the actual closure of 3 stores, and expense reductions including personnel costs were also implemented. - FY2022AdvancedAnnual report
「We will work to reduce miscellaneous expenses and product costs.」
The Company explicitly identifies reductions in miscellaneous expenses and product costs as a response to rising raw material prices and other factors, and plans to close unprofitable stores in the eyelash care business. - FY2021AdvancedAnnual report
「This was mainly due to decreases of ¥48 million in salaries and allowances resulting from workforce reductions, ¥42 million in payment processing fees associated with the withdrawal from the fintech business, and ¥14 million in rent resulting from the relocation of the head office.」
Specific cost savings are shown: workforce reductions, withdrawal from the fintech business and relocation of the head office reduced salaries and allowances by ¥48 million, payment processing fees by ¥42 million and rent by ¥14 million. - FY2021-Q1ReappearedAnnual report
「Around August 2020, we will switch the operation of the cryptocurrency exchange to an external contractor and seek to discontinue the business promptly while reducing the costs associated with its discontinuation.」
Cost reductions, which had once disappeared as an independently stated measure, have again been specified in the form of outsourcing cryptocurrency exchange operations and reducing expenses such as rent through the consolidation of the head office. - FY2018DroppedAnnual reportThis securities report contains no section that directly identifies thorough cost reductions as an independent measure.
- FY2018-Q3RestatedAnnual report
「We will also work to rebuild our existing domestic businesses by advancing a review of our personnel systems and product suppliers, as well as expense reductions.」
A review of personnel systems and suppliers and expense reductions continue to be cited as measures aimed at rebuilding the domestic businesses. - FY2018-Q2AdvancedAnnual report
「In this business, we lowered the cost ratio by reviewing our product suppliers and increased operating income by reducing expenses.」
Specific progress is described in which reviewing product suppliers and reducing expenses lowered the cost ratio and increased operating income in the eyelash care business. - FY2018-Q1RestatedAnnual report
「We implemented thorough expense reductions aimed at achieving profitability.」
The implementation of thorough expense reductions aimed at achieving profitability is reiterated. - FY2017AdvancedAnnual report
「During the fiscal year, we reduced fixed costs through substantial headcount reductions and an office relocation, and continued to operate selling, general and administrative functions efficiently under a low-cost operating model.」
Specific progress on reducing fixed costs through headcount reductions and an office relocation is described, with a commitment to continue low-cost operations. - FY2017-Q3AdvancedAnnual report
「By offering a range of services under the slogan of high quality and low cost, which is a goal within the business, sales increased. In addition, lower general and administrative expenses, including depreciation, helped reduce the loss.」
The disclosure states that, in addition to offering a range of services, lower general and administrative expenses, including depreciation, reduced the loss as a result of cost reductions. - FY2017-Q2RestatedAnnual report
「We reduced costs through rigorous cost management.」
Cost reduction continues to be cited as a measure. No reduction amount or deadline is provided. - FY2017-Q1First statedAnnual report
「We sought to implement thorough cost reductions.」
This is explicitly identified as a measure to improve profitability. No reduction amount or implementation deadline is provided.