Expense and inventory control to improve profitability
First written in FY2017-Q2. 16 of 32 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-08-13.
2 other companies' latest entry also says "Advanced".
- FY2026Improved operating margin on higher salesAnnual report
「Although the gross margin declined from the previous fiscal year due to changes in the product mix and a higher proportion of corporate sales, steady accumulation of gross profit exceeded the increase in selling, general and administrative expenses, and the operating margin began to improve.」
Although the gross margin declined, the increase in gross profit exceeded the increase in selling, general and administrative expenses, improving the operating margin to 4.2%. - FY2026-H1Lower gross margin and higher expenses despite higher revenueAnnual report
「The company used corporate purchasing and corporate sales to respond to unstable market prices and liquidate inventory. As a result, the gross margin declined.」
The company used corporate purchasing and corporate sales to respond to unstable market prices, advancing inventory liquidation while lowering the gross margin. New store openings, hiring and training, and higher selling-related expenses were also explained as factors behind the decline in profit. - FY2025-H1Lower gross margin in response to market price volatilityAnnual report
「The company used corporate sales to respond to market price fluctuations in some products from August and liquidate inventory. As a result, the gross margin declined, and although selling, general and administrative expenses were controlled in line with the plan, the operating margin also declined.」
Inventory was liquidated through corporate sales in response to market price fluctuations. Although selling, general and administrative expenses were managed in line with the plan, the gross margin and operating margin declined. - FY2024-Q3AdvancedAnnual report
「Operating profit benefited from steady retail revenue as purchasing performed well, a substantial increase in revenue from stronger corporate sales, higher gross profit, and successful control of selling, general and administrative expenses in line with the plan. As a result, operating profit for the nine months ended 31 December was ¥5,121 million, up 38.0% from the same period of the previous year.」
In addition to higher gross profit from stronger purchasing and corporate sales, selling, general and administrative expenses were managed in line with the plan, resulting in a 38.0% increase in operating profit. - FY2024-Q2AdvancedAnnual report
「Operating profit benefited from steady retail revenue as purchasing performed well, a substantial increase in revenue from stronger corporate sales, higher gross profit, and successful control of selling, general and administrative expenses in line with the plan.」
Stronger purchasing and corporate sales and control of selling, general and administrative expenses in line with the plan contributed to the increase in operating profit. - FY2024-Q1AdvancedAnnual report
「Operating profit, ordinary profit and profit attributable to owners of the parent rose sharply as higher revenue increased gross profit and selling, general and administrative expenses were kept below plan. Operating profit was ¥1,724 million, up 133.2% from the same quarter of the previous year; ordinary profit was ¥1,762 million, up 131.9%; and profit attributable to owners of the parent was ¥1,183 million, up 127.9%.」
The company explained that keeping selling, general and administrative expenses below plan, together with higher gross profit, led to substantial increases in operating profit and other earnings. - FY2023AdvancedAnnual report
「While focusing on setting appropriate purchasing and selling prices, continuing efforts to increase the sales mix of used products, which make it easier to secure gross profit, and strengthening inventory controls, the company secured the volume of merchandise needed for retail through stronger individual purchasing and increased inventory turnover by directing other merchandise to corporate sales. As a result, gross profit for the fiscal year was ¥22,542 million, up 22.4% year on year, and the gross margin was 26.2%, compared with 25.9% in the previous fiscal year.」
The company advanced pricing initiatives, increased the proportion of used products, controlled inventory and improved inventory turnover through corporate sales, resulting in a 0.3-percentage-point improvement in the gross margin. - FY2023-Q3AdvancedAnnual report
「Operating profit benefited from steady retail revenue as individual purchasing performed well, a substantial increase in revenue from stronger corporate sales, higher gross profit, and successful control of selling and general administrative expenses.」
Higher gross profit from stronger individual purchasing and corporate sales, together with control of selling and general administrative expenses, contributed to the increase in operating profit. - FY2023-Q2AdvancedAnnual report
「Operating profit benefited from steady retail revenue as individual purchasing performed well, a substantial increase in revenue from stronger corporate sales, higher gross profit, and successful control of selling, general and administrative expenses.」
Stronger individual purchasing and corporate sales, together with restraint of selling, general and administrative expenses through expense controls, were identified as factors behind the increase in operating profit, indicating that the measures are contributing to performance. - FY2023-Q1RestatedAnnual report
「Operating profit benefited from steady retail revenue as individual purchasing performed well, a substantial increase in revenue from stronger corporate sales, higher gross profit, and successful control of selling, general and administrative expenses.」
The company continues to strengthen individual purchasing and corporate sales and restrain selling, general and administrative expenses through expense controls as measures to improve profitability. - FY2022-Q3AdvancedAnnual report
「Operating profit benefited from steady retail revenue as individual purchasing performed well, a substantial increase in revenue from stronger corporate sales, higher gross profit, and successful control of selling, general and administrative expenses.」
Higher gross profit from stronger individual purchasing and corporate sales, together with control of selling, general and administrative expenses, was identified as a factor behind the improvement in operating profit. - FY2022-Q2RestatedAnnual report
「Meanwhile, while working to control expenses, KOMEHYO CO., LTD. continued from the previous consolidated fiscal year to strengthen communication with customers and provide services adapted to the new lifestyle.」
The company continues to control expenses and strengthen customer communication and services. - FY2022-Q1AdvancedAnnual report
「Operating profit returned to the black as a substantial increase in revenue resulting from the success of the initiatives described above and an improved gross margin, driven in part by higher prices at corporate auctions, contributed to earnings.」
The gross margin improved due in part to stronger sales efforts and higher prices at corporate auctions, and the Brand and Fashion business returned to operating profitability. - FY2021AdvancedAnnual report
「While focusing on setting appropriate purchasing and selling prices, continuing efforts to increase the sales mix of used products, which make it easier to secure gross profit, and strengthening inventory controls, the company reported gross profit of ¥13,836 million for the fiscal year, down 5.0% year on year, and a gross margin of 27.3%, up 2.0 percentage points from the previous fiscal year.」
The company continued to advance pricing initiatives, increase the proportion of used products and control inventory, improving the gross margin by 2.0 percentage points to 27.3%. - FY2021-Q2Impact of lower revenue outweighed expense controlsAnnual report
「Operating profit and loss turned into an operating loss because the impact of lower revenue outweighed the effect of controlling expenses, including selling expenses and personnel costs.」
Although expenses were controlled, the impact of lower revenue outweighed the savings from restraining selling expenses and personnel costs, resulting in an operating loss. - FY2021-Q1Operating loss due to lower revenueAnnual report
「Operating profit turned into an operating loss because the substantial decline in revenue caused by temporary store closures and reduced operating hours to prevent the spread of COVID-19 outweighed the impact of lower expenses, including selling expenses and personnel costs.」
Although selling expenses and personnel costs declined, the substantial decline in revenue caused by store closures and reduced operating hours was greater, resulting in an operating loss. - FY2020Decline in profit due to lower gross margin and higher expensesAnnual report
「While focusing on setting appropriate purchasing and selling prices, continuing efforts to increase the sales mix of used products, which make it easier to secure gross profit, and strengthening inventory controls, the company reported gross profit of ¥14,562 million for the fiscal year, up 5.6% year on year, and a gross margin of 25.3%, down 1.8 percentage points, due in part to higher sales to corporate customers.」
Despite advancing pricing initiatives, increasing the proportion of used products and controlling inventory, the gross margin fell by 1.8 percentage points to 25.3% due in part to higher sales to corporate customers. Operating profit also declined by 84.0% amid higher selling expenses and personnel costs. - FY2020-Q1Decline in profit due to higher expensesAnnual report
「Operating profit declined because, despite higher revenue, expenses including rent and land charges related to the Shinjuku store relocation plan and personnel costs associated with business expansion increased.」
Although revenue increased, higher expenses, including rent and land charges related to the Shinjuku store relocation plan and personnel costs associated with business expansion, weighed on profit. - FY2019Higher profit despite a lower gross marginAnnual report
「Gross profit for the fiscal year was ¥13,796 million, up 6.4% year on year, while the gross margin was 27.1%, down 1.4 percentage points.」
Although the company worked to increase the proportion of used products and control inventory, the gross margin declined by 1.4 percentage points due in part to higher sales to corporate customers. - FY2019-Q3Continued profit growth driven by higher salesAnnual report
「Operating profit increased as higher sales more than offset the decline in the gross margin and increases in selling expenses, personnel expenses and other costs.」
Although gross margin declined and selling, general and administrative expenses and personnel costs increased, operating profit in the Brand and Fashion business exceeded the year-earlier period, driven by higher revenue. - FY2019-Q2Higher profit despite a lower gross marginAnnual report
「Operating profit increased as higher sales more than offset the decline in the gross margin and increases in selling expenses, personnel expenses and other costs.」
Despite a decline in the gross margin and increases in selling and personnel expenses, the brand and fashion business posted higher profit on increased sales. - FY2018AdvancedAnnual report
「The company continued to focus on setting appropriate purchasing and selling prices and increasing the sales mix of used products, for which gross profit is more readily secured. As a result of replacing and reducing products, primarily long-stay inventory, gross profit for the fiscal year was ¥12,968 million, up 16.4% year on year, and the gross margin was 28.5%, up 0.7 percentage points year on year.」
The gross margin improved to 28.5%, up 0.7 percentage points year on year, through appropriate pricing, a higher mix of used products, and reductions in long-stay inventory. - FY2018-Q3AdvancedAnnual report
「Operating profit increased despite higher rent and other costs associated with new store openings, as higher sales and an improved gross margin resulting from stronger inventory controls more than offset those costs.」
The company cited the improvement in the gross margin from stronger inventory controls as a factor behind the increase in operating profit, indicating that profitability improvement measures are reflected in results. - FY2018-Q2RestatedAnnual report
「In addition to implementing various sales and purchasing promotion measures using the web, mass media and other channels in connection with store openings and sales events, the company worked to improve the gross margin by strengthening inventory controls.」
The company has continued to improve the gross margin through sales and purchasing promotion measures and stronger inventory controls. - FY2018-Q1AdvancedAnnual report
「The company worked to improve the gross margin by strengthening inventory controls.」
The company implemented stronger inventory controls as a specific measure to restore profitability and worked to improve the gross margin. - FY2017RestatedAnnual report
「As a result of replacing and reducing products, primarily long-stay inventory, gross profit for the fiscal year was ¥11,144 million, down 14.7% year on year, and the gross margin was 27.8%, down 0.7 percentage points year on year.」
The company replaced and reduced long-stay inventory and implemented product controls, but the gross margin was 27.8%. - FY2017-Q3RestatedAnnual report
「To improve profitability, the company implemented various sales and purchasing promotion measures using the web, mass media and other channels, and worked to reduce expenses overall and strengthen inventory controls.」
As measures to improve profitability, the company has continued to pursue overall expense reductions and stronger inventory controls in addition to sales and purchasing promotion measures. - FY2017-Q2First statedAnnual report
「To improve profitability, the company implemented various sales and purchasing promotion measures using the web, mass media and other channels, and worked to strengthen expense and inventory controls.」
The company has for the first time explicitly identified stronger expense management and inventory controls as specific measures to improve profitability.