Company-wide expense reductions
First written in FY2018-Q3. 19 of 24 entries say "Softened", first in FY2019-Q1. Latest entry: FY2026.
Pietro moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Selling, general and administrative expenses increased 7.0% from the previous consolidated fiscal year to ¥5,915 million. This was due to higher expenses associated with continued investment in human resources and aggressive sales promotion, as well as rising logistics costs.」
Selling, general and administrative expenses increased 7.0% year on year due to higher investment in human resources, sales promotion expenses and logistics costs, and the company-wide expense-reduction theme remains weak. - FY2026-H1SoftenedAnnual report
「Although sales were strong in both the product and store businesses, profit was affected by soaring raw material prices and higher labor costs, closure expenses recognized following the decision to close unprofitable stores and increased costs for developing growth businesses.」
Although sales were strong, higher raw material and personnel costs, store closure expenses and costs to develop growth businesses pressured profit, and the company-wide expense-control theme remains weak. - FY2025-H1SoftenedAnnual report
「In addition to higher personnel expenses resulting from company-wide investment in human resources and higher shareholder-related expenses due to an increase in the number of shareholders following the equity offering conducted in December last year, operating profit was ¥97 million, down 47.9% year on year, ordinary profit was ¥94 million, down 49.8%, and interim net profit attributable to owners of the parent was ¥46 million, down 37.3%.」
In addition to higher investment in human resources and shareholder-related expenses, spending to strengthen marketing also increased, weakening the previous company-wide trend of expense reduction and control. - FY2024SoftenedAnnual report
「Selling, general and administrative expenses increased 8.3% from the previous consolidated fiscal year to ¥5,104 million. This was due to increased expenses associated with continued investment in human resources and aggressive sales promotion, as well as higher logistics costs.」
Against the company-wide trend of expense reduction and control, selling, general and administrative expenses increased 8.3% year on year due to aggressive investment in human resources. - FY2024-Q3SoftenedAnnual report
「Selling, general and administrative expenses 3,600,969 3,784,904」
Selling, general and administrative expenses increased from ¥3,600.969 million in the same period of the previous year to ¥3,784.904 million, and the previous company-wide trend of expense reduction and control remains weak. - FY2024-Q2SoftenedAnnual report
「Selling, general and administrative expenses 2,381,479 2,488,858」
Selling, general and administrative expenses increased from ¥2,381.479 million in the same period of the previous year to ¥2,488.858 million, weakening the previous trend of expense reduction and control. - FY2023-Q3SoftenedAnnual report
「Selling, general and administrative expenses 3,105,303 3,600,969」
Selling, general and administrative expenses increased from ¥3,105.303 million in the same period of the previous year to ¥3,600.969 million, and the previous trend of expense reduction and control is weakening. - FY2023-Q2SoftenedAnnual report
「Selling, general and administrative expenses 2,025,190 2,381,479」
Selling, general and administrative expenses increased from ¥2,025.190 million in the same period of the previous year to ¥2,381.479 million, weakening the previous trend of expense reduction and control. - FY2023-Q1SoftenedAnnual report
「Selling, general and administrative expenses 1,035,025 1,224,825」
Selling, general and administrative expenses increased from ¥1,035.025 million in the same period of the previous year to ¥1,224.825 million, and the previous trend of expense reduction and control weakened based on first-quarter results. - FY2022SoftenedAnnual report
「Selling, general and administrative expenses increased 2.8% from the previous consolidated fiscal year to ¥4,176 million. This was due to increased investment in human resources and store-opening expenses, despite a decrease in advertising expenses following the review of the marketing strategy.」
Although the company reduced advertising expenses by curbing television commercials, selling, general and administrative expenses increased 2.8% year on year due to higher investment in human resources and store-opening expenses, weakening the company-wide trend of expense reduction. - FY2022-Q3SoftenedAnnual report
「Profit was affected by a significant increase in purchase costs due to soaring prices for key raw materials such as edible oils. Although advertising expenses declined after the Company reviewed its marketing strategy to reduce reliance on television commercials, profit declined due to increased investment in human resources for the future and higher store-opening expenses.」
Although advertising expenses decreased under a policy of not relying on television commercials, investment in human resources and store-opening expenses increased, resulting in lower overall profit. - FY2022-Q1AdvancedAnnual report
「Although television commercials were broadcast intensively in April of the previous period, the company reviewed its marketing strategy and did not broadcast television commercials in the current period, resulting in a substantial decrease in advertising expenses.」
The company reviewed its policy of concentrating television commercial broadcasts in the previous period and significantly reduced advertising expenses by not broadcasting television commercials in the current period. - FY2021SoftenedAnnual report
「Selling, general and administrative expenses increased 0.2% from the previous consolidated fiscal year to ¥5,289 million. This was mainly due to higher advertising expenses resulting from concentrated television commercial broadcasts.」
Against the company-wide trend of expense reduction, full-year selling, general and administrative expenses increased 0.2% year on year, indicating higher advertising expenses due to concentrated television commercial broadcasts. - FY2021-Q2SoftenedAnnual report
「Sales promotion expenses ¥740.960 million Salaries and allowances ¥612.386 million」
Sales promotion expenses increased from ¥709.906 million in the same period of the previous year to ¥740.960 million, while total selling, general and administrative expenses also increased from ¥2,656.555 million to ¥2,762.509 million. The trend of expense reduction is weakening. - FY2021-Q1SoftenedAnnual report
「Due to the impact of the spread of COVID-19 and the decision to concentrate the broadcast of television commercials, which are usually run throughout the year, in early April, resulting in upfront advertising investment, revenue for the first quarter of the current consolidated cumulative period was ¥2,653 million, up 9.8% year on year, while operating profit was ¥111 million, down 20.5%. The company plans for total advertising expenses, including television commercials, to be lower than in the previous period for the full year.」
While maintaining its plan to keep advertising expenses at or below the previous period's level for the full year, the company made an upfront investment by concentrating television commercial broadcasts in the first quarter, increasing the short-term cost burden. - FY2020SoftenedAnnual report
「Selling, general and administrative expenses increased 0.4% from the previous consolidated fiscal year to ¥5,279 million. This was mainly due to higher personnel expenses and increased fares following price increases, despite a decrease in advertising expenses, including TV commercials.」
After company-wide expense reductions and controls through the previous period, selling, general and administrative expenses increased 0.4% year on year for the full year, reflecting higher personnel expenses and fares. - FY2020-Q3SoftenedAnnual report
「Operating profit declined due to lower profit resulting from the decrease in revenue and the impact of higher expenses for developing new categories.」
Higher expenses for developing new categories were cited as a factor behind the decline in profit, relatively weakening the previous effects of company-wide expense reductions and containment. - FY2020-Q2SoftenedAnnual report
「Operating profit declined due to lower profit resulting from the decrease in revenue and the impact of higher expenses for developing new categories, among other factors.」
While the previous quarter stated that selling, general and administrative expenses had been reduced 2.3% year on year, the current quarter identified higher expenses for developing new categories and other factors as causes of lower profit, relatively weakening the effects of expense reductions. - FY2020-Q1AdvancedAnnual report
「Operating profit was ¥140 million, down 32.4% year on year, as gross profit decreased 6.3% year on year due to lower revenue, despite a 2.3% year-on-year reduction in selling, general and administrative expenses.」
Selling, general and administrative expenses were reduced 2.3% year on year, demonstrating the results of company-wide expense reductions. - FY2019AdvancedAnnual report
「Although sales-promotion expenses and freight costs increased, selling, general and administrative expenses decreased 0.5% from the previous consolidated fiscal year to ¥5.257 billion, partly due to the effects of company-wide expense reductions.」
While sales-promotion expenses and freight costs increased, company-wide expense reductions lowered selling, general and administrative expenses by 0.5% year on year. - FY2019-Q3SoftenedAnnual report
「Selling, general and administrative expenses increased due to higher sales-promotion costs and freight expenses associated with the aggressive introduction of new products and products under development.」
The increase in sales-promotion costs and freight expenses associated with the aggressive introduction of new products and products under development was noted, weakening the previous trend of reducing and containing selling, general and administrative expenses. - FY2019-Q2AdvancedAnnual report
「Gross profit increased due to higher revenue, while operating profit rose to ¥410 million, up 37.5% year on year, partly because selling, general and administrative expenses decreased 1.9% year on year.」
Selling, general and administrative expenses decreased 1.9% year on year, improving the actual expense burden from the 0.5% year-on-year increase in the previous quarter. - FY2019-Q1SoftenedAnnual report
「Operating profit was ¥208 million, up 50.6% year on year, as selling, general and administrative expenses were held to a 0.5% year-on-year increase.」
The wording and results changed from the previous statement of company-wide expense reductions and a 2.4% year-on-year decrease to an indication that the year-on-year increase in selling, general and administrative expenses had been contained at 0.5%. - FY2018-Q3First statedAnnual report
「Selling, general and administrative expenses decreased 2.4% from the previous-year period as the company worked to reduce expenses across the group.」
Company-wide expense reductions were implemented, resulting in a 2.4% year-on-year decrease in selling, general and administrative expenses.