Cost reductions across stores, logistics, factories and headquarters
First written in FY2017. 6 of 18 entries say "Restated". Latest entry: FY2024.
28 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「We will establish a business structure capable of securing profits by working to set appropriate labor hours deployed and thoroughly improve productivity through simplified operations, while reducing expenses by lowering rents and responding to persistently elevated energy costs.」
The company continues to build a profitable business structure through labor-hour management, simplified operations, lower rents and reduced energy costs. - FY2024-Q3AdvancedAnnual report
「To address increases in raw material prices, logistics costs, labor costs, and utility expenses, we revised the prices of certain menu items and implemented strict management of various costs and operational efficiency initiatives. As a result, profit margins improved and profit increased substantially year on year.」
In response to higher raw-material prices, logistics costs, labor costs and utility expenses, the company implemented price revisions, cost controls and operational-efficiency measures, resulting in improved margins and a substantial increase in profit. - FY2023Expansion of expense-reduction measuresAnnual report
「We will establish a business structure capable of securing profits by working to set appropriate labor hours deployed and thoroughly improve productivity through simplified operations, while reducing expenses by lowering rents and responding to elevated energy costs.」
In addition to existing measures covering labor-hour management, staffing and energy-cost reductions, the company has outlined expense-reduction measures including simplified operations and lower rents. - FY2023-Q3RestatedAnnual report
「For labor costs, we are rigorously setting and managing appropriate labor hours deployed relative to sales and continuing to optimize staffing. Energy costs have been trending upward due to various factors, but we are working to reduce them through appropriate use of equipment and facilities.」
The company continues to manage labor hours deployed, optimize staffing and reduce energy costs through appropriate use of equipment and facilities. - FY2023-Q2RestatedAnnual report
「For labor costs, we are rigorously setting and managing appropriate labor hours deployed relative to sales and continuing to optimize staffing. Energy costs have been trending upward due to various factors, but we are reducing them through appropriate use of equipment and facilities.」
The company continues to use the management of labor hours deployed, efficient staffing and reductions in energy costs through appropriate use of equipment and facilities as expense-reduction measures. - FY2023-Q1RestatedAnnual report
「For labor costs, we are rigorously setting and managing appropriate labor hours deployed relative to sales and continuing to optimize staffing. Energy costs have been trending upward due to various factors, but we are reducing them through appropriate use of equipment and facilities.」
The company continues to implement expense-reduction measures through the setting and management of labor hours deployed, efficient staffing and reductions in energy costs through appropriate use of equipment and facilities. - FY2022RestatedAnnual report
「Amid sluggish sales, the group reviewed expenses from every angle under the slogan “Eliminate Waste” and worked together to optimize staffing and reduce costs.」
The company continues to review expenses, including efficient staffing and cost reductions, under the slogan “Eliminate Waste.” - FY2021AdvancedAnnual report
「The entire company worked together to implement comprehensive cost reductions across selling, general and administrative expenses, including reductions in executive compensation and labor costs through a review of labor hours deployed, as well as negotiations to lower rents.」
In response to the infectious disease outbreak, the company implemented company-wide cost reductions, including executive compensation, labor hours deployed and rent. - FY2021-Q1AdvancedAnnual report
「In addition, as the spread of COVID-19 forced the closure of 3 unprofitable restaurants, temporary closures and shorter operating hours, the Group has worked to reduce expenses, including labor hours and rents, while expanding bento and takeout sales to secure revenue.」
In response to the spread of infectious diseases, the company implemented reductions in labor hours deployed and rent as new cost-cutting measures. - FY2020AdvancedAnnual report
「Although labor costs for part-time and temporary staff increased as a result of additional personnel at new stores and higher hourly wages, the company restrained advertising, sales promotion and other expenses, while higher sales increased gross profit. As a result, operating profit and ordinary profit increased, although the company continued to report a net loss for the period.」
It explains that restraining advertising, sales promotion and other expenses, together with higher gross profit resulting from increased sales, contributed to higher operating and ordinary profit. - FY2020-Q3Introduction of self-service operations and cost reductionsAnnual report
「For the new restaurant format, Raratei, the company changed the Marumatsu Sagae store to the Raratei format in September and the Marumatsu Sowa store in October, introducing fully self-service operations at both locations to reduce labor hours deployed.」
The company changed 2 stores to the fully self-service Raratei format, putting measures to reduce labor hours deployed into practice. It also explains that the benefits of reducing advertising, sales promotion and other costs contributed to higher operating and ordinary profit. - FY2020-Q1Cost reductions contributed to higher profit.Annual report
「Profit increased as a result of higher gross profit accompanying the increase in sales, as well as the benefits of reducing SG&A expenses and other costs.」
It explains that the benefits of reducing SG&A expenses and other costs, together with higher gross profit, contributed to higher profit. - FY2019Cost reductions were insufficient to offset the decline in sales and other factors.Annual report
「Although labor costs were reduced by closing stores and shortening operating hours during unprofitable early-morning and late-night periods, the increase in sales promotion expenses, advertising expenses and other costs, together with the decline in gross profit resulting from lower sales, could not be offset, and consolidated ordinary profit declined.」
It explains that, although the benefits of reducing labor costs were evident, they were insufficient to absorb the increases in sales promotion and advertising expenses and the decline in gross profit. - FY2019-Q3The cost savings were insufficient to absorb new-store expenses and other costs.Annual report
「Although personnel expenses were reduced by improving efficiency, the increase in consumables and sales promotion expenses associated with opening ３ new stores, together with the decrease in gross profit due to lower sales, could not be absorbed, resulting in lower profit.」
It explains that, although labor costs were reduced through improved efficiency, the savings were insufficient to absorb the costs of opening 3 new stores and the decline in gross profit resulting from lower sales. - FY2019-Q2The cost savings were insufficient to offset the decline in revenue.Annual report
「Although selling, general and administrative expenses, primarily labor costs, were reduced through the measures described above, the savings were insufficient to cover the decline in revenue. In addition, the company recorded a ¥19 million loss on store closures as an extraordinary loss, following the withdrawal from unprofitable stores and stores that had been closed due to the nuclear accident, resulting in lower profit.」
The company explained that selling, general and administrative expenses, primarily labor costs, were reduced, but not enough to offset the decline in revenue. - FY2019-Q1AdvancedAnnual report
「Meanwhile, higher productivity resulting from these measures reduced labor and energy costs, resulting in higher operating income and ordinary income.」
The company has disclosed that measures such as shorter operating hours improved productivity, reducing labor and energy costs and increasing operating income and ordinary income. - FY2018RestatedAnnual report
「We aim to reduce labor hours invested and improve labor productivity by building an automated system for delivering ingredients from headquarters to stores and improving on-site operations through a review of store manuals.」
The company is implementing specific measures to reduce labor hours and improve productivity through an automated delivery system, a review of store manuals and more efficient on-site operations. - FY2017First statedAnnual report
「We will control total investment by pursuing efficient store layouts, review store operations, and promote reductions in labor hours by improving efficiency. We will also reduce delivery expenses in the logistics division, improve productivity at the head-office factory, and reduce expenses in the head-office administration division, thereby working to enhance profitability.」
Multiple cost-cutting measures targeting store layouts, operations, logistics, the head office plant and head-office administrative departments.