Building a more profitable business through low-cost funeral altars and centralized production
First written in FY2016. 18 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
7 other companies' latest entry also says "Other".
- FY2026Wholesale business turns loss-making despite continued efficiency measures and price pass-throughAnnual report
「Under these circumstances, the business continued to pursue synergies between its fresh flower wholesale business in domestic distribution and its fresh flower altar business, while working to improve earnings power through appropriate pass-through of costs into selling prices and a review of the products handled. Despite these initiatives, affected by the challenging market environment, revenue was ¥2,516.924 million, down 1.5% year on year, and operating loss was ¥0.213 million, compared with operating profit of ¥58.414 million in the same period of the previous year.」
The company continued to pursue synergies, pass through costs, and review the products handled, but the fresh flower wholesale business moved from operating profit to operating loss year on year. - 2026-05-15WorsenedEarnings
「As a result, affected by higher floral material prices and labor costs, operating profit was ¥119.105 million, down 33.1% year on year.」
In the fresh-flower altar business, operating profit declined due to higher floral material prices and labor costs. - FY2026-H1Substantial profit decline despite continued efficiency improvements and logistics reviewsAnnual report
「Despite pursuing greater efficiency in both procurement and sales and reviewing its logistics structure, operating profit was unable to absorb the effects of lower selling prices and higher costs, falling well below the previous year to ¥8.765 million, down 78.9% year on year.」
The fresh-flower wholesale business pursued greater procurement and sales efficiency and reviewed its logistics structure, but operating profit fell 78.9% year on year because it could not absorb lower selling prices and higher costs. - FY2025Higher sales, but lower profit due to soaring raw material and labor costsAnnual report
「Against this backdrop, the company promoted various strategies under its medium-term management plan and worked on developing new services and introducing new products in response to the trend toward smaller funerals. As a result, sales remained firm, but operating profit was affected by higher raw material and labor costs and other factors and came to ¥218.368 million, down 34.4% year on year.」
The company advanced new services and new products in response to smaller funerals, but the fresh-flower altar business posted higher sales and lower profit due to rising raw material and labor costs. - FY2025-H1Higher sales, but lower profit due to soaring raw material and labor costsAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. However, operating profit was affected by higher raw material and labor costs and other factors and came to ¥95.758 million, down 27.0% year on year.」
The company continued its new service and new product initiatives, but operating profit in the fresh-flower altar business fell 27.0% year on year due to higher raw material and labor costs. - FY2024AdvancedAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, despite the impact of higher raw material costs and other factors, increased sales led to operating profit of ¥332.613 million, up 3.3% year on year.」
In the fresh-flower altar business, the company continued its medium-term management plan, new services and new product initiatives, and operating profit rose 3.3% year on year despite the impact of higher raw material costs. - FY2024-Q3AdvancedAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, operating profit was ¥271.530 million, up 18.6% year on year.」
The company continued its new service and new product initiatives under the medium-term management plan, and operating profit in the fresh-flower altar business rose 18.6% year on year. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, operating profit was ¥131.220 million, up 9.1% year on year.」
The company continued its medium-term management plan, new services and new product sales, and operating profit in the fresh-flower altar business rose 9.1% year on year. - FY2024-Q1AdvancedAnnual report
「Against this backdrop, the business continued pursuing synergies between the fresh-flower wholesale business in domestic distribution and the fresh-flower altar business while implementing initiatives to fundamentally reform its logistics system. It also passed higher costs through to selling prices, reviewed the products it handled and improved selling, general and administrative expense efficiency. As a result, operating profit was ¥10.613 million, up 5.7% year on year.」
In addition to logistics reform, the company passed higher costs through to selling prices, reviewed its product range and improved selling, general and administrative expense efficiency. Operating profit in the fresh-flower wholesale business rose 5.7% year on year. - FY2023Higher sales, but marginally lower profit due to soaring raw material costsAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, sales increased as described above, but operating profit was affected by higher raw material costs and other factors and came to ¥321.987 million, down 0.2% year on year.」
The company continued its medium-term management plan, new services and new product sales, and sales in the fresh-flower altar business increased, but operating profit fell 0.2% year on year due to higher raw material costs and other factors. - FY2023-Q3RestatedAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, as described above, sales increased, but operating profit was affected by higher raw material costs and came to ¥228.882 million, down 14.2% year on year.」
The company continued its medium-term management plan, new services and new product sales, but operating profit in the fresh-flower altar business fell 14.2% year on year as higher raw material costs offset the increase in sales. - FY2023-Q2Higher sales, but lower profit due to soaring raw material costsAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, as described above, sales increased, but operating profit was affected by higher raw material costs and came to ¥120.291 million, down 23.5% year on year.」
As a result of continuing the medium-term management plan, new services and new product sales, sales in the fresh-flower altar business increased, but operating profit fell 23.5% year on year due to higher raw material costs. - FY2022AdvancedAnnual report
「Consolidated operating profit was ¥103.646 million, compared with a loss of ¥27.272 million in the same period of the previous year. Except for the fresh-flower wholesale business, where costs rose due to the war in Ukraine and the weaker yen, all other businesses either posted higher profit or reduced their losses, owing in part to higher sales and the success of operating-efficiency measures.」
Operating-efficiency measures paid off, and consolidated operating profit turned from a loss in the same period of the previous year to a profit of ¥103.646 million. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, operating profit was ¥266.592 million, up 75.7% year on year.」
The company continued its medium-term management plan strategies, new services and new product sales, and operating profit in the fresh-flower altar business rose 75.7% year on year. - FY2022-Q2AdvancedAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, operating profit was ¥157.230 million, up 72.9% year on year.」
The company continued its medium-term management plan strategies, new services and new product sales, and operating profit in the fresh-flower altar business rose 72.9% year on year. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, the business implemented strategies under its medium-term management plan, as well as new services and new product sales in response to the trend toward smaller funerals. As a result, operating profit was ¥47.703 million, up 226.8% year on year.」
The company implemented the strategies under its medium-term management plan, including new services and new product sales, and operating profit in the fresh-flower altar business rose 226.8% year on year. - FY2021AdvancedAnnual report
「Against this backdrop, the business launched new services and began selling new products in response to the trend toward smaller funerals, and these initiatives gradually began to pay off. However, higher costs resulting from the COVID-19 pandemic affected operating profit, which was ¥243.283 million, down 2.9% year on year.」
New services and new product sales gradually began to pay off, and measures to improve profitability, including greater operating efficiency, continued to progress. However, operating profit fell 2.9% year on year due to higher costs resulting from the COVID-19 pandemic. - FY2021-Q3AdvancedAnnual report
「Against this backdrop, the business launched new services and began selling new products in response to the trend toward smaller funerals, and these initiatives gradually began to pay off. However, their effects had yet to emerge, and higher costs resulting from the COVID-19 pandemic affected operating profit, which was ¥151.720 million, down 40.1% year on year.」
The company stated that its new services and new product sales had gradually begun to pay off, representing progress from the previous quarter, when their effects had yet to emerge. However, the effects had not fully emerged, and operating profit fell 40.1% year on year. - FY2021-Q2AdvancedAnnual report
「Against this backdrop, the business launched new services and began selling new products in response to the trend toward smaller funerals, but their effects had yet to emerge. In addition, higher costs resulting from the COVID-19 pandemic affected operating profit, which was ¥90.943 million, down 43.3% year on year.」
The business progressed to the stage of launching new services and selling new products. However, their effects had yet to emerge, and operating profit fell 43.3% year on year due in part to higher costs resulting from the COVID-19 pandemic. - FY2021-Q1RestatedAnnual report
「In this environment, the business worked to prepare new services and develop new products in response to the trend toward smaller funerals, but their effects had not yet become evident. In addition, higher costs resulting from the COVID-19 pandemic affected results, and operating income came to ¥14.595 million, down 73.4% year on year.」
The company continues to prepare new services and develop new products in response to the trend toward smaller funerals, but their effects have not yet become evident. Higher costs resulting from the COVID-19 pandemic also weighed on operating income. - FY2020RestatedAnnual report
「We will develop locations and provide services to proactively address customer needs and develop low-cost funeral altars, while working to further improve the efficiency of centralized production for floral funeral altars and funeral flowers and to optimize and stabilize the labor-cost ratio.」
The company continues measures to expand sales and profit through developing locations, low-cost funeral altars, more efficient centralized production and optimization of the labor-cost ratio. - FY2020-Q3RestatedAnnual report
「In this environment, the business actively implemented various measures, including developing new locations in the Tohoku, Chubu, Kansai and Kyushu regions, to leverage its strengths in agility and its ability to respond to customer needs and expand sales and profit.」
The company continues measures to expand sales and profit, including developing locations in the Tohoku, Chubu, Kansai and Kyushu regions. - FY2020-Q1Change in regions for location developmentAnnual report
「In this environment, the business actively implemented various measures, including developing new locations in the Tohoku, Chubu, Kansai and Kyushu regions, to leverage its strengths in agility and its ability to respond to customer needs and expand sales and profit.」
The company continues to develop locations, with the current disclosure identifying the Tohoku, Chubu, Kansai and Kyushu regions as the target areas. - FY2019RestatedAnnual report
「To further expand sales and transform the business into a more profitable operation, we will develop locations and provide services to proactively address customer needs and develop low-cost funeral altars, while working to further improve the efficiency of centralized production for floral funeral altars and funeral flowers and to optimize and stabilize the labor-cost ratio.」
The company continues to develop locations, low-cost funeral altars, more efficient centralized production and optimization of the labor-cost ratio. Meanwhile, operating income in the floral funeral altar business fell 20.4% year on year due to higher cost and labor-cost ratios and expenses related to opening new locations. - FY2019-Q3RestatedAnnual report
「In this environment, the business actively implemented various measures, including developing new locations in the Kanto, Shikoku and Kyushu regions, to leverage its strengths in agility and its ability to respond to customer needs, and worked to increase sales and further streamline procurement costs.」
The company continues to pursue measures to improve profitability through developing new locations, increasing sales and further streamlining procurement costs. - FY2019-Q2RestatedAnnual report
「In this environment, the business actively implemented various measures, including developing new locations in the Kanto, Shikoku and Kyushu regions, to leverage its strengths in agility and its ability to respond to customer needs. Following the improvement in the labor-cost ratio, whose effects have become evident to a certain extent, it also worked to further streamline procurement costs. In the first half of the period, however, operating income came to ¥214.532 million, down 18.3% year on year, due to higher procurement costs caused by adverse weather conditions in Japan and higher costs associated with opening the new locations mentioned above.」
The company confirmed the effects of the improved labor-cost ratio and continued to streamline procurement costs. However, operating income in the floral funeral altar business fell 18.3% year on year due to higher costs caused by adverse weather conditions and the expenses of opening new locations. - FY2019-Q1RestatedAnnual report
「In this environment, the business actively implemented various measures, including developing new locations in the Kanto, Shikoku and Kyushu regions, to leverage its strengths in agility and its ability to respond to customer needs. Following the improvement in the labor-cost ratio, whose effects have become evident to a certain extent, it also worked to further streamline procurement costs.」
The company continues to pursue further streamlining of procurement costs while confirming the effects of the improved labor-cost ratio. - FY2018AdvancedAnnual report
「In this environment, the business implemented various measures by leveraging its strengths in agility and its ability to respond to customer needs. Following the improvement in the labor-cost ratio, whose effects have become evident to a certain extent, it also worked to further streamline procurement costs. As a result, operating income rose 55.8% year on year to ¥600.704 million.」
In addition to the benefits of the improved labor-cost ratio, the company streamlined procurement costs, and operating income in the floral funeral altar business rose 55.8% year on year to ¥600.704 million. - FY2018-Q3AdvancedAnnual report
「In this environment, the business implemented various measures by leveraging its strengths in agility and its ability to respond to customer needs. Following the improvement in the labor-cost ratio, whose effects have become evident to a certain extent, it also worked to further streamline procurement costs. As a result, operating income rose 64.7% year on year to ¥443.466 million.」
In addition to the benefits of the improved labor-cost ratio, the company streamlined procurement costs, and operating income in the floral funeral altar business rose 64.7% year on year to ¥443.466 million. - FY2018-Q2AdvancedAnnual report
「In this environment, the business implemented various measures by leveraging its strengths in agility and its ability to respond to customer needs. Following the improvement in the labor-cost ratio, whose effects have become evident to a certain extent, it also worked to further streamline procurement costs. As a result, operating income rose 103.7% year on year to ¥262.672 million.」
The effects of the improved labor-cost ratio became evident, and the company also worked to streamline procurement costs. As a result, operating income in the floral funeral altar business increased 103.7% year on year. - FY2018-Q1AdvancedAnnual report
「In this environment, the business implemented various measures by leveraging its strengths in agility and its ability to respond to customer needs. Following the improvement in the labor-cost ratio, whose effects have become evident to a certain extent, it also worked to further streamline procurement costs. As a result, operating income rose 81.7% year on year to ¥119.644 million.」
The company stated that the effects of the improved labor-cost ratio had become evident and that it was also working to streamline procurement costs. Operating income in the floral funeral altar business increased 81.7% year on year. - FY2017AdvancedAnnual report
「In this environment, as the industry cost leader, the business pursued further cost reductions through greater efficiency in each process, as well as developing its own market as a result. Operating income consequently rose 29.5% year on year to ¥385.498 million.」
The floral funeral altar business reduced costs by improving efficiency in each process. Net sales reached a record high of ¥3,215.457 million, while operating income increased 29.5% year on year. - FY2017-Q3AdvancedAnnual report
「As a result, the Group’s net sales for the nine-month period ended 31 December were ¥4,385.332 million, up 0.9% year on year. Although measures to address declining prices in the floral funeral altar business were beginning to prove effective, the Group recorded an operating loss of ¥7.063 million, compared with operating income of ¥78.197 million in the same period of the previous year, due to higher selling, general and administrative expenses resulting from organizational restructuring in the wholesale flower business and lower sales in other businesses.」
The company explained that measures to address declining prices in the floral funeral altar business were beginning to prove effective, indicating that the effects of its previous initiatives were beginning to emerge. - FY2017-Q1AdvancedAnnual report
「In this environment, as measures to expand sales in this business, we opened the Narita Sales Office in Narita, Chiba Prefecture, in September 2016. Following the improvement in the labor-cost ratio, whose effects have become evident to a certain extent, we also worked to further streamline procurement costs.」
The company stated that the improvement in the labor-cost ratio had produced some visible results and was also working to further streamline procurement costs. - FY2016First statedAnnual report
「We will provide services that proactively address customer needs and develop low-cost funeral altars, while working to further improve the efficiency of centralized production for floral funeral altars and funeral flowers and to optimize and stabilize the labor-cost ratio.」
The company has outlined cost-reduction measures through customer support, low-cost products, centralized production and optimization of the labor-cost ratio.