Improving Gross Margins Through MD Reform
First written in FY2017-Q3. 7 of 35 entries say "Advanced", first in FY2017. Latest entry: 2026-10-06.
The whole theme swung hardest in 2020: 2 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- 2026-10-06AdvancedEarnings
「Through these initiatives, we implemented thorough inventory management, strengthened full-price sales and curbed markdown sales, resulting in a significant improvement in the gross profit margin.」
在庫管理、正価販売の強化、値引き抑制による売上総利益率の改善実績を記載している。 - FY2027-H1AdvancedAnnual report
「Through these initiatives, we implemented thorough inventory management, strengthened full-price sales and curbed markdown sales, resulting in a significant improvement in the gross profit margin.」
The report attributes the significant improvement in the gross profit margin to initiatives involving data analysis, inventory management, stronger full-price sales and markdown control. - 2026-07-07AdvancedEarnings
「Through these initiatives, we have tightened inventory management and restrained discount sales, resulting in a significant improvement in the gross profit margin.」
The disclosure reports an improvement in the gross profit margin in the apparel business through data use and inventory management. - FY2026AdvancedAnnual report
「Although the gross profit margin was affected by soaring raw material prices and the sharp depreciation of the yen, it increased 0.8 percentage points to 56.7%.」
While continuing four-week MD and other measures, the gross profit margin rose 0.8 percentage points from the previous fiscal year to 56.7%, documenting the improvement achieved. - FY2026-H1AdvancedAnnual report
「Revenue 101,259 117,082 Gross profit 56,673 66,874」
The gross profit margin calculated from the disclosed figures rose from approximately 56.0% in the same period of the previous year to approximately 57.1%, improving year on year. - FY2025-H1Gross profit margin increased year on yearAnnual report
「Revenue 94,145 101,259 Gross profit 52,327 56,673」
The gross profit margin calculated from the disclosed figures rose from approximately 55.6% in the same period of the previous year to approximately 56.0% in the interim period, improving year on year. - FY2025-Q1Gross profit margin declined year on yearAnnual report
「Revenue 46,991 51,441 Gross profit 26,799 29,269」
The gross profit margin calculated from the disclosed figures declined slightly from approximately 57.0% in the same quarter of the previous year to approximately 56.9% in the first quarter. - FY2024Gross profit margin increasedAnnual report
「Although the gross profit margin was affected by soaring raw material prices and the sharp depreciation of the yen, it increased 0.3 percentage points to 55.2%, while the ordinary profit margin was unchanged from the previous year at 9.8%.」
While continuing measures including four-week MD, the gross profit margin rose 0.3 percentage points from 54.8% in the previous fiscal year to 55.2%. - FY2024-Q3RestatedAnnual report
「Gross profit 67,606 79,726」
The gross profit margin calculated from the disclosed figures declined slightly from approximately 56.0% in the same period of the previous year to approximately 55.9%, reconfirming the declining trend through the previous quarter. - FY2024-Q2Gross profit margin declined year on yearAnnual report
「Revenue 78,193 94,145 Gross profit 43,669 52,327」
The gross profit margin calculated from the disclosed figures declined slightly from approximately 55.8% in the same period of the previous year to approximately 55.6% in the current period. Meanwhile, measures to improve the gross margin through four-week MD have continued. - FY2024-Q1RestatedAnnual report
「Gross profit 22,598 26,799」
The gross profit margin calculated from revenue and gross profit declined from approximately 57.7% in the same quarter of the previous year to approximately 57.0% in the first quarter, reconfirming the year-on-year decline trend. - FY2023Decline in gross profit marginAnnual report
「Compared with the previous year, the gross profit margin declined 0.5 percentage points to 54.8% due to soaring raw material prices and the sharp depreciation of the yen.」
Despite continuing the four-week MD, the gross profit margin declined 0.5 percentage points from the previous fiscal year to 54.8% due to soaring raw material prices and the sharp depreciation of the yen. - FY2023-Q3Gross profit margin increased year on yearAnnual report
「Revenue 98,512 120,672 Gross profit 55,029 67,606」
Based on the disclosed revenue and gross profit, the gross profit margin rose from approximately 55.9% in the same period of the previous year to approximately 56.0% for the cumulative third-quarter period of the consolidated fiscal year. - FY2023-Q2Gross profit margin increased year on yearAnnual report
「Revenue 63,195 78,193 Gross profit 34,809 43,669」
Based on the disclosed revenue and gross profit, the gross profit margin rose from approximately 55.1% in the same period of the previous year to approximately 55.8% for the cumulative second-quarter period. - FY2023-Q1Gross profit margin declined year on yearAnnual report
「Revenue 31,210 39,183 Gross profit 18,094 22,598」
Based on the disclosed revenue and gross profit, the gross profit margin declined from approximately 58.0% in the same quarter of the previous year to approximately 57.7% in the first quarter. This represents a change from the improvement trend through the previous fiscal year. - FY2022-Q3RestatedAnnual report
「In terms of profit, the gross profit margin was 55.9%, up 0.1 percentage points year on year.」
The gross profit margin rose 0.1 percentage points year on year, reconfirming the year-on-year improvement trend. - FY2022-Q2Gross profit margin increased year on yearAnnual report
「Revenue 45,165 63,195 Gross profit 24,191 34,809」
Based on the disclosed revenue and gross profit, the gross profit margin increased from approximately 53.6% in the year-earlier period to approximately 55.1% in the current period. The year-on-year improvement trend continues. - FY2022-Q1Gross profit margin increased year on yearAnnual report
「Revenue 15,834 31,210 Gross profit 8,866 18,094」
Based on the disclosed revenue and gross profit, the gross profit margin increased from approximately 56.0% in the year-earlier period to approximately 58.0% in the first quarter. The trend changed from the decline seen through the previous fiscal year. - FY2021Decline in gross profit marginAnnual report
「The gross profit margin declined 1.7 percentage points year on year to 54.6%.」
The gross profit margin declined from 56.3% in the previous fiscal year to 54.6%, reversing the improvement trend seen year on year through the previous fiscal year. - FY2021-Q3Widening decline in gross profit marginAnnual report
「On the profit front, the gross profit margin declined 1.7 percentage points year on year to 55.8%.」
The gross profit margin declined from 57.5% in the year-earlier period to 55.8%, marking a change from the improvement seen year on year in the previous fiscal year. The decline also widened from the 1.1-percentage-point year-on-year decline in the six months ended in the second quarter. - FY2021-Q2Decline in gross profit marginAnnual report
「Revenue 66,958 45,165 Gross profit 38,209 24,191」
Based on the disclosed revenue and gross profit, the gross profit margin declined from approximately 57.1% in the year-earlier period to approximately 53.6% in the current period. The trend changed from the year-on-year improvement seen through the previous fiscal year. - FY2020RestatedAnnual report
「The gross profit margin increased 0.6 percentage points year on year to 56.3%.」
The gross profit margin increased from 55.7% in the previous year to 56.3%, confirming the year-on-year improvement trend once again. - FY2020-Q3RestatedAnnual report
「On the profit front, the gross profit margin increased 0.7 percentage points year on year to 57.5%.」
The gross profit margin increased 0.7 percentage points from 56.8% in the year-earlier period to 57.5%, continuing its year-on-year improvement. - FY2020-Q2Gross profit margin increased year on yearAnnual report
「The gross profit margin increased 1.1 percentage points year on year to 57.1%.」
The gross profit margin increased 1.1 percentage points from 56.0% in the year-earlier period to 57.1%, reversing the declining trend through the previous quarter. - FY2020-Q1Gross profit margin increased year on yearAnnual report
「The gross profit margin increased 1.4 percentage points year on year to 59.7%.」
The gross profit margin increased 1.4 percentage points from 58.3% in the year-earlier period to 59.7%. The current quarter's disclosure does not directly link this increase to merchandising reforms. - FY2019Slight decline in gross profit marginAnnual report
「On the profit front, although merchandising reforms and other measures were advanced, the gross profit margin declined 0.1 percentage points year on year to 55.7%.」
While merchandising reforms and other measures continued, the gross profit margin declined 0.1 percentage points from 55.8% in the previous year to 55.7%. - FY2019-Q3RestatedAnnual report
「On the profit front, the gross profit margin declined 0.2 percentage points year on year to 56.8%.」
The gross profit margin declined 0.2 percentage points from 57.0% in the year-earlier period to 56.8%, and the shift from the improvement trend associated with merchandising reforms and other measures to a decline continues. - FY2019-Q2RestatedAnnual report
「On the profit front, the gross profit margin declined 0.7 percentage points year on year to 56.0%.」
While merchandising reforms and other measures continued, the gross profit margin declined 0.7 percentage points from 56.7% in the year-earlier period to 56.0%. - FY2019-Q1Gross profit margin declined year on yearAnnual report
「On the profit front, the gross profit margin declined 0.7 percentage points year on year to 58.3%.」
Although merchandising reforms continued, the gross profit margin declined from 59.0% in the year-earlier period to 58.3%. - FY2018Gross profit margin declined despite continued merchandising reformsAnnual report
「On the profit front, although merchandising reforms and other measures were advanced, the gross profit margin declined 0.3 percentage points year on year to 55.8%.」
Although merchandising reforms and other measures continued, the gross profit margin declined from 56.1% in the previous year to 55.8%. - FY2018-Q3Continued improvement in gross profit marginAnnual report
「On the profit front, as a result of advancing merchandising reforms and other measures, the gross profit margin increased 0.3 percentage points year on year to 57.0%.」
In connection with merchandising reforms and other measures, the gross profit margin improved 0.3 percentage points year on year. The improvement narrowed from 0.7 percentage points in the second quarter. - FY2018-Q2Continued improvement in gross profit marginAnnual report
「On the profit front, as a result of advancing merchandising reforms and other measures, the gross profit margin increased 0.7 percentage points year on year to 56.7%.」
In connection with merchandising reforms and other measures, the gross profit margin improved 0.7 percentage points year on year. The improvement narrowed from 1.4 percentage points in the immediately preceding first quarter. - FY2018-Q1AdvancedAnnual report
「On the profit front, as a result of advancing merchandising reforms and other measures, the gross profit margin increased 1.4 percentage points year on year to 59.0%.」
In connection with merchandising reforms and other measures, the gross profit margin increased 1.4 percentage points year on year to 59.0%. The improvement widened further from 1.2 percentage points for the previous fiscal year. - FY2017AdvancedAnnual report
「On the profit front, as a result of advancing merchandising reforms and other measures, the gross profit margin increased 1.2 percentage points year on year to 56.1%.」
In connection with merchandising reforms and other measures, the improvement in the gross profit margin progressed from 0.5 percentage points in the third quarter to 1.2 percentage points for the full fiscal year, reaching 56.1%. - FY2017-Q3First statedAnnual report
「On the profit front, as a result of advancing merchandising reforms and other measures, the gross profit margin increased 0.5 percentage points year on year to 56.7%.」
The implementation of merchandising reforms and other measures, and the resulting 0.5-percentage-point year-on-year increase in the gross profit margin to 56.7%, are being recorded as separate facts for the first time.