Increase in selling, general and administrative expenses and move into the red following the organizational restructuring of the fresh flower wholesale business
First written in FY2017-Q1. 15 of 29 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「Despite advancing these measures, revenue was ¥2,516.924 million, down 1.5% year on year, and operating loss was ¥213 thousand, compared with operating profit of ¥58.414 million in the same period of the previous year, owing to the impact of challenging market conditions.」
The company continued the operational efficiency and competitiveness initiatives pursued since the corporate split, but the fresh flower wholesale business moved from operating profit to operating loss year on year. - 2026-08-14WorsenedRevisions to earnings forecasts
「Despite advancing these measures, revenue was ¥2,516.924 million, down 1.5% year on year, and operating loss was ¥213 thousand, compared with operating profit of ¥58.414 million in the same period of the previous year, owing to the impact of challenging market conditions.」
The wholesale fresh-flower business turned from operating profit in the previous year to operating loss, deteriorating from the earnings improvement seen after the organizational restructuring. - FY2024MitigatedAnnual report
「Under these circumstances, the business continued pursuing synergies between the fresh flower wholesale business (domestic distribution) and the floral altar business and implementing initiatives to fundamentally reform its logistics system. It also passed on higher costs through sales prices, reviewed the products handled and improved selling, general and administrative expense efficiency. Although affected by higher cost ratios, operating profit was ¥32.842 million, up 2.8% year on year.」
The fresh-flower wholesale business secured operating income following the company split and organisational restructuring as logistics reform and related initiatives continued, up 2.8% year on year. - FY2023MitigatedAnnual report
「Against this backdrop, the business continued to pursue synergies between the fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business while implementing initiatives to fundamentally reform its logistics system. It also implemented measures to minimize the impact of COVID-19. Despite the impact of higher cost ratios, increased sales led to operating profit of ¥31.954 million, up 100.3% year on year.」
The fresh-flower wholesale business secured operating income of ¥31.954 million following the company split and logistics reform. Operating income rose 100.3% year on year, indicating further progress in mitigating the risk of losses associated with the organisational restructuring. - FY2023-Q2MitigatedAnnual report
「Under these circumstances, the business continued pursuing synergies between the fresh flower wholesale business (domestic distribution) and the floral altar business, while implementing initiatives to fundamentally reform its logistics system and measures to minimise the impact of the COVID-19 pandemic. As a result, operating profit was ¥25.877 million, up 209.7% year on year.」
The fresh-flower wholesale business secured operating income of ¥25.877 million following the company split and organisational restructuring as logistics reform and related initiatives continued. Operating income rose 209.7% year on year, indicating further progress in mitigating the risk of losses. - FY2023-Q1MitigatedAnnual report
「Under these circumstances, the business continued pursuing synergies between the fresh flower wholesale business (domestic distribution) and the floral altar business and implementing initiatives to fundamentally reform its logistics system, while also implementing measures to minimise the impact of the COVID-19 pandemic. As a result, operating profit was ¥10.043 million, compared with an operating loss of ¥1.165 million in the same period of the previous year.」
As logistics-system reform and related initiatives continued, the fresh-flower wholesale business moved from an operating loss in the same period of the previous year to operating income of ¥10.043 million, further mitigating the risk of a shift into the red following the organisational restructuring. - FY2022Profitability maintained, but earnings declined because of yen depreciation and higher import costsAnnual report
「Against this backdrop, the business continued to pursue synergies between the fresh-flower wholesale business in domestic distribution and the fresh-flower funeral-altar business, while implementing measures to minimize the impact of the COVID-19 pandemic. However, operating profit was ¥15.951 million, down 47.8% year on year, due to the impact of yen depreciation and higher import costs.」
The fresh-flower wholesale business secured operating income following the company split and logistics reform, but operating income declined 47.8% year on year because of yen depreciation and higher import costs. - FY2022-Q3Profitability maintained, but earnings declined as the cost ratio roseAnnual report
「Under these circumstances, the business continued pursuing synergies between the fresh flower wholesale business (domestic distribution) and the floral altar business and implementing initiatives to fundamentally reform its logistics system, while also implementing measures to minimise the impact of the COVID-19 pandemic. However, due to the impact of higher cost ratios, operating profit was ¥13.591 million, down 52.4% year on year.」
The fresh-flower wholesale business secured operating income following the company split and logistics reform, but operating income declined 52.4% year on year because of the higher cost ratio. - FY2022-Q2MitigatedAnnual report
「Against this backdrop, the business continued to pursue synergies between the fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business while implementing initiatives to fundamentally reform its logistics system. It also implemented measures to minimize the impact of COVID-19. However, due to the impact of higher cost ratios, operating profit was ¥8.354 million, down 63.7% year on year.」
Although earnings declined because of a higher cost ratio, the fresh-flower wholesale business improved from an operating loss in the cumulative second quarter of the previous fiscal year to securing operating income. - FY2022-Q1WorsenedAnnual report
「Under these circumstances, the business continued to pursue synergies between the fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business and implemented fundamental logistics-system reforms, while also taking measures to minimise the impact of the COVID-19 pandemic. However, a decline in transaction volume resulted in an operating loss of ¥1.165 million, compared with operating income of ¥10.792 million in the same period of the previous year.」
Although logistics reform and related initiatives continued, the fresh-flower wholesale business moved from operating income in the same period of the previous year to an operating loss because of lower transaction volume. - FY2021MitigatedAnnual report
「Under these circumstances, the business continued from the previous fiscal year to pursue synergies between the former fresh flower wholesale business (domestic distribution) and the floral altar business, while also focusing on initiatives to fundamentally reform its logistics system. It also focused on transactions aimed at securing profits in order to minimise the impact of the COVID-19 pandemic. As a result, operating profit was ¥30.573 million, up 68.2% year on year.」
The risk of a shift into the red associated with organisational restructuring and logistics reform was mitigated, and the fresh-flower wholesale business secured operating income of ¥30.573 million. - FY2021-Q3RestatedAnnual report
「Under these circumstances, the business continued pursuing synergies between the fresh flower wholesale business (domestic distribution) and the floral altar business and implementing initiatives to fundamentally reform its logistics system. It also focused on transactions aimed at securing profits in order to minimise the impact of the COVID-19 pandemic. As a result, operating profit was ¥28.547 million, up 21.6% year on year.」
As logistics reform and related initiatives continued, the fresh-flower wholesale business secured operating income, up 21.6% year on year. The business continues to maintain the mitigation of the risk of a shift into the red associated with the company split and organisational restructuring. - FY2021-Q2MitigatedAnnual report
「Under these circumstances, the business continued pursuing synergies between the fresh flower wholesale business (domestic distribution) and the floral altar business and implementing initiatives to fundamentally reform its logistics system. It also focused on transactions aimed at securing profits in order to minimise the impact of the COVID-19 pandemic. As a result, operating profit was ¥22.997 million, up 139.3% year on year.」
The fresh-flower wholesale business secured operating income following the company split and logistics reform, up 139.3% year on year, further mitigating the previous risk of a shift into the red. - FY2021-Q1MitigatedAnnual report
「Against this backdrop, the business continued to pursue synergies between the fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business while implementing initiatives to fundamentally reform its logistics system. It also focused on transactions aimed at securing profit in order to minimize the impact of COVID-19. As a result, operating profit was ¥10.792 million, up 685.7% year on year.」
As the company continued to pursue synergies and logistics reform following the company split, the fresh-flower wholesale business secured operating income and improved from ¥1.373 million in the same period of the previous year to ¥10.792 million. - FY2020RestatedAnnual report
「Although the business continued from the previous fiscal year to pursue synergies between the traditional fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business, while also focusing on initiatives to fundamentally reform its logistics system, operating profit was affected by the aforementioned decline in demand and came to ¥18.180 million, down 7.4% year on year.」
The company continues to pursue synergies and reform the logistics system following the organisational restructuring. Operating income was secured, but declined 7.4% year on year because of lower demand. - FY2020-Q3RestatedAnnual report
「Against this backdrop, the business continued to pursue synergies between the traditional fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business, while also focusing on initiatives to fundamentally reform its logistics system. Although operating profit was affected by the decline in sales in the first half of the second quarter and by the decline in sales resulting from the spread of COVID-19, the profit margin recovered from the second half of the second quarter through the first half of the third quarter, resulting in operating profit of ¥23.472 million, up 47.4% year on year.」
As logistics reform and related initiatives continued, the fresh-flower wholesale business secured operating income, up 47.4% year on year. - FY2020-Q2MitigatedAnnual report
「The business continued to focus on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. Although operating income was affected by lower revenue in the first half of the period, profit margins recovered in the second half, resulting in operating income of ¥9.611 million, up 48.5% year on year.」
As the company continued to pursue synergies and reform the logistics system following the company split, profit margins began to recover in the latter half of the period, and operating income in the fresh-flower wholesale business rose 48.5% year on year to ¥9.611 million. - FY2020-Q1WorsenedAnnual report
「Against this backdrop, the business continued from the previous fiscal year to pursue synergies between the traditional fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business, while also focusing on initiatives to fundamentally reform its logistics system. However, due to the impact of the aforementioned decline in sales, operating profit was ¥1.373 million, down 86.0% year on year.」
Although logistics reform and related initiatives continued, operating income declined 86.0% year on year because of the impact of lower revenue resulting from falling market prices. - FY2019Operating income secured, but earnings declinedAnnual report
「Under these circumstances, the business continued, as in the previous fiscal year, to focus on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. However, profit margins in the import wholesale division remained weak in the latter half of the second quarter, resulting in operating income of ¥19.627 million, down 19.1% year on year.」
The business avoided losses associated with the company split and logistics reform and secured operating income, but operating income declined 19.1% year on year because of weak profit margins in the import wholesale division. - FY2019-Q3MitigatedAnnual report
「Under these circumstances, the business continued, as in the previous fiscal year, to focus on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. However, profit margins in the import wholesale division remained weak in the latter half of the second quarter, resulting in operating income of ¥15.924 million, down 34.6% year on year.」
The fresh-flower wholesale business secured operating income, avoiding losses associated with the company split and logistics reform. However, operating income declined year on year because of weak profit margins in the import wholesale division. - FY2019-Q1MitigatedAnnual report
「Under these circumstances, the business continued, as in the previous fiscal year, to focus on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. As a result, operating income was ¥9.773 million, compared with an operating loss of ¥0.990 million in the same period of the previous year.」
The fresh-flower wholesale business moved from an operating loss in the same period of the previous year to operating income, despite the losses associated with the company split and logistics reform. - FY2018MitigatedAnnual report
「Against this backdrop, the business continued from the previous fiscal year to pursue synergies between the traditional fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business, while also focusing on initiatives to fundamentally reform its logistics system. As a result, operating profit was ¥24.246 million, compared with an operating loss of ¥9.011 million in the same period of the previous year.」
The loss associated with organisational restructuring and logistics reform was eliminated for the full year, and the business moved from an operating loss in the same period of the previous year to operating income. - FY2018-Q3MitigatedAnnual report
「At our wholly owned subsidiary マイ・サクセス株式会社, the fresh-flower wholesale business has been working to further strengthen the competitiveness of our group, in addition to the operational efficiencies pursued since the company split and transfer of the business. Although signs of progress have begun to emerge, the benefits have not yet fully materialised, and revenue was ¥1,170.233 million, down 4.1% year on year. Under these circumstances, the business continued, as in the previous fiscal year, to focus on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. As a result, operating income was ¥24.337 million, compared with an operating loss of ¥3.327 million in the same period of the previous year.」
Revenue declined 4.1% year on year, but the business moved from an operating loss to operating income amid operational-efficiency initiatives and logistics reform. - FY2018-Q2MitigatedAnnual report
「At our wholly owned subsidiary マイ・サクセス株式会社, the fresh-flower wholesale business has been working to further strengthen the competitiveness of our group, in addition to the operational efficiencies pursued since the company split and transfer of the business. Although signs of progress have begun to emerge, the benefits have not yet fully materialised, and revenue was ¥779.132 million, down 9.4% year on year.」
Revenue declined during the organisational restructuring and operational-efficiency initiatives, but the fresh-flower wholesale business improved from an operating loss of ¥9.031 million in the same period of the previous year to operating income of ¥13.966 million. - FY2018-Q1MitigatedAnnual report
「Under these circumstances, the business continued from the previous fiscal year to pursue synergies between the former fresh flower wholesale business (domestic distribution) and the floral altar business and focus on initiatives to fundamentally reform its logistics system. Although these initiatives were gradually beginning to produce results, the business remained in a transitional phase, resulting in an operating loss of ¥0.990 million, compared with an operating loss of ¥30.571 million in the same period of the previous year.」
The fresh-flower wholesale business remained in the red as a result of organisational restructuring and logistics reform, but the operating loss narrowed from ¥30.571 million in the same period of the previous year to ¥0.990 million. - FY2017RestatedAnnual report
「As described above, the company split transferred the business to マイ・サクセス株式会社, and we are also focusing on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. As a result, the operating loss was ¥9.011 million, compared with operating income of ¥114.551 million in the same period of the previous year.」
While continuing to pursue synergies and logistics reform following the company split, the fresh-flower wholesale business reported an operating loss for the full year. - FY2017-Q3RestatedAnnual report
「As described above, the company split transferred the business to マイ・サクセス株式会社, and we are also focusing on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. As a result, the operating loss was ¥3.327 million, compared with operating income of ¥90.834 million in the same period of the previous year.」
The fresh-flower wholesale business remains in the red as organisational restructuring and logistics-system reform continue. The cumulative operating loss narrowed from ¥9.031 million to ¥3.327 million, although the business recorded operating income in the same period of the previous year. - FY2017-Q2RestatedAnnual report
「Effective 1 July 2016, the fresh-flower wholesale business was transferred through a company split to マイ・サクセス株式会社, our wholly owned subsidiary. In addition to the operational efficiencies pursued to date, we are working to further strengthen the competitiveness of our group. Under these circumstances, revenue was ¥860.438 million, up 2.7% year on year. As described above, the company split transferred the business to マイ・サクセス株式会社, and we are also focusing on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. As a result, the operating loss was ¥9.031 million, compared with operating income of ¥58.980 million in the same period of the previous year.」
The fresh-flower wholesale business remains in the red as organisational restructuring and logistics-system reform continue. Revenue increased 2.7% year on year, but the shift from operating income in the same period of the previous year to an operating loss continues. - FY2017-Q1MaterialisedAnnual report
「Effective 1 July 2016, the fresh-flower wholesale business was transferred through a company split to マイ・サクセス株式会社, our wholly owned subsidiary. In addition to the operational efficiencies pursued to date, we are working to further strengthen the competitiveness of our group. Under these circumstances, revenue was ¥409.342 million, up 0.9% year on year. As described above, the company split transferred the business to マイ・サクセス株式会社, and we are also focusing on fundamental reforms to the logistics system while pursuing synergies between the former fresh-flower wholesale business (domestic distribution) and the fresh-flower altar business. As a result, the operating loss was ¥30.571 million, compared with operating income of ¥25.973 million in the same period of the previous year.」
SG&A expenses increased amid organisational restructuring and logistics-system reform, and the fresh-flower wholesale business moved from operating income in the same period of the previous year to an operating loss.