Low-cost operations supporting low prices
First written in FY2016. 20 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-05.
3 other companies' latest entry also says "Advanced".
- FY2026ReframedAnnual report
「For the next period, our basic strategies will be to pursue rigorous low-cost management and build a foundation for the future. We will thoroughly reduce fixed costs and improve operational efficiency, eliminate waste, and create a more resilient operating structure, while investing in future growth through reviews of products and services, development of new markets, and employee training, thereby delivering customers value exceeding the price.」
Reorganized the previous low-cost operations policy as rigorous low-cost management and expanded it to include both fixed-cost reductions and operational efficiency improvements alongside future investment. - FY2026-H1AdvancedAnnual report
「In the store-based business, sales of food and daily necessities at general-merchandise stores and specialty footwear stores remained firm, allowing sales to hold at the year-earlier level. In addition, the key product SP-ON performed well and supported footwear sales. As a result, sales amounted to ¥3,444 million, up 0.1% year on year. In terms of profit, segment profit rose to ¥131 million, up 12.0% year on year, through expense reductions from more efficient flyer distribution in addition to maintaining sales.」
Continued reducing expenses through more efficient flyer distribution, and segment profit in the store-based business rose 12.0% year on year. - FY2025Expense-reduction plan made specificAnnual report
「Specifically, we plan to reduce expenses by approximately ¥150 million from the previous period through measures including cuts to executive compensation, reviews of television commercials and various events, and more efficient catalog distribution.」
Made low-cost operations concrete as a measure to restore performance, including reviews of executive compensation, television commercials and events, and catalog distribution, with planned expense reductions of approximately ¥150 million from the previous period. - FY2025-H1AdvancedAnnual report
「In terms of profit, although personnel expenses at the specialty stores and costs related to the food hall renovation increased, higher revenue and an improved gross profit margin lifted segment profit to ¥117 million, up 68.6% year on year.」
Despite higher expenses, higher revenue and an improved gross profit margin lifted profit in the store-based business by 68.6% year on year, advancing an operating model that absorbs costs through earnings. - FY2024AdvancedAnnual report
「By optimizing the advertising-expense portfolio and undertaking a comprehensive review of fixed costs without exempting any area, we will keep selling, general and administrative expenses below gross profit.」
Advanced low-cost operations through specific measures to optimize the allocation of advertising expenses and comprehensively review fixed costs. - FY2023RestatedAnnual report
「We will focus on cost-effectiveness and thoroughly reduce operating costs further.」
In light of uncertainty from price and foreign-exchange fluctuations, reaffirmed a low-cost operating policy focused on cost-effectiveness and reducing operating costs. - FY2023-Q2AdvancedAnnual report
「Sales and the sales mix of original products with high gross profit margins increased. Despite higher electricity charges, reductions in selling, general and administrative expenses, mainly advertising expenses, resulted in segment profit of ¥67 million, up 104.5% year on year.」
Despite higher electricity charges, selling, general and administrative expenses were reduced, mainly advertising expenses, and segment profit in the store-based business rose 104.5% year on year. - FY2022AdvancedAnnual report
「The specialty footwear stores have been developed as a 10-store network in the Keihanshin area, operated at low cost primarily with part-time employees, while we worked to expand sales of original products and create synergies with the mail-order business.」
Operated specialty footwear stores at low cost, primarily with part-time employees, and pursued low-cost operations and sales expansion through a 10-store network. - FY2022-Q2AdvancedAnnual report
「In terms of profit, segment profit rose to ¥652 million, up 12.1% year on year, through improvement in the gross profit margin and reductions in advertising expenses for print media.」
Segment profit in the mail-order business rose 12.1% year on year through improvement in the gross profit margin and reductions in print-media advertising expenses. - FY2021AdvancedAnnual report
「The mail-order business's share of sales rose to 55.2%, up 3.2 percentage points from the previous period, and the gross profit margin rose to 46.9%, up 1.6 percentage points. The selling, general and administrative expense ratio also fell to 41.1%, down 1.5 percentage points, resulting in an operating margin of 5.8%, up 3.0 percentage points.」
The operating margin rose 3.0 percentage points from the previous period to 5.8% as the mail-order sales mix increased, the gross profit margin improved, and the selling, general and administrative expense ratio declined. - FY2021-Q3AdvancedAnnual report
「In terms of profit, the gross profit margin rose as the sales mix shifted toward the company's original products, while selling, general and administrative expenses, primarily advertising expenses, were reduced through more efficient flyer distribution. As a result, segment profit rose to ¥138 million, up 121.0% year on year.」
Improved the sales mix of the company's original products and reduced selling, general and administrative expenses through more efficient flyer distribution, resulting in a 121.0% year-on-year increase in segment profit in the store-based business. - FY2021-Q2AdvancedAnnual report
「In terms of profit, the gross profit margin rose through measures including restraint on discount sales, while selling, general and administrative expenses, primarily advertising expenses, were reduced through more efficient flyer distribution. As a result, segment profit rose to ¥105 million, up 37.9% year on year.」
Segment profit in the store-based business rose 37.9% year on year through restraint on discount sales, more efficient flyer distribution, and reductions in selling, general and administrative expenses. - FY2020AdvancedAnnual report
「In selling, general and administrative expenses, we worked to reduce advertising expenses through the efficient use of newspaper inserts in the store-based business and digital advertising in the mail-order business, as well as to cut electricity costs through the introduction of energy-efficient air-conditioning equipment. As a result, we reduced these expenses by ¥102 million from the previous period.」
Reduced selling, general and administrative expenses by ¥102 million year on year through greater advertising efficiency and the introduction of energy-efficient air-conditioning equipment. - FY2019RestatedAnnual report
「To maintain low prices, strengthening low-cost operations is a key challenge. In the mail-order business's logistics and order-processing operations, we will strengthen low-cost operations through outsourcing, the use of IT, and labor-intensive methods.」
Continued a low-cost operating policy combining outsourcing, IT, and the use of personnel in logistics and order processing. - FY2019-Q3AdvancedAnnual report
「Although we worked to improve the gross profit margin and reduce advertising expenses centered on catalogs, segment profit (operating profit) fell to ¥936 million, down 8.8% year on year, because higher delivery costs and lower gross profit resulting from lower revenue could not be absorbed.」
Improved the gross profit margin and reduced catalog advertising expenses, but could not absorb the impact of higher delivery costs and lower revenue, resulting in lower profit in the mail-order business. - FY2019-Q2AdvancedAnnual report
「Improved the gross profit margin through rigorous gross-margin management and efficiently reduced catalog expenses by shifting advertising to the web. These measures offset the effects of lower revenue and higher logistics costs, and segment profit (operating profit) rose to ¥595 million, up 2.5% year on year, despite lower revenue.」
Implemented gross-margin management and reduced catalog expenses through a shift to web advertising, offsetting higher logistics costs and the impact of lower revenue and increasing operating profit in the mail-order business by 2.5% year on year. - FY2019-Q1AdvancedAnnual report
「By improving the efficiency of flyer distribution and reducing advertising and other expenses, segment profit (operating profit) rose to ¥66 million, up 2.8% year on year.」
Improved flyer-distribution efficiency and reduced other expenses, resulting in a 2.8% year-on-year increase in operating profit in the discount business despite lower revenue. - FY2018AdvancedAnnual report
「The gross profit margin was 45.3%, up 2.1% from the previous period. Although selling, general and administrative expenses were expected to increase because of new-customer acquisition costs, delivery costs, and other factors, we worked to reduce fixed costs and held the ratio of selling, general and administrative expenses to net sales to 39.4%, up 0.7% from the previous period. As a result, the operating margin was 5.9%, up 1.4%.」
Continued low-cost operations, including fixed-cost reductions, resulting in an operating margin of 5.9% and a selling, general and administrative expense ratio of 39.4% of net sales. - FY2017RestatedAnnual report
「In the mail-order business's logistics and order-processing operations, we will strengthen low-cost operations through outsourcing, the use of IT, and labor-intensive methods.」
Continued a low-cost operating policy combining outsourcing, IT, and the use of personnel in logistics and order processing. - FY2017-Q3RestatedAnnual report
「In terms of profit, the gross profit margin improved as private-label footwear and apparel products increased their share of sales, while selling, general and administrative expenses, mainly utilities, were reduced. As a result, segment profit (operating profit) rose to ¥108 million, up 2.2% year on year, despite lower revenue.」
Continued improving the gross profit margin by increasing the sales mix of private-label products and reducing selling, general and administrative expenses, mainly utilities. - FY2017-Q2AdvancedAnnual report
「In terms of profit, the gross profit margin improved as private-label footwear products increased their share of sales, while selling, general and administrative expenses, including utilities, were reduced through the conversion to LED lighting and other measures. As a result, segment profit (operating profit) rose to ¥105 million, up 39.9% year on year, despite lower revenue.」
In addition to the previous logistics-efficiency measures, utilities and other expenses were reduced by converting to LED lighting, and operating profit in the discount business rose 39.9% year on year. - FY2017-Q1AdvancedAnnual report
「In terms of profit, although advertising expenses increased, we tightened selling, general and administrative expenses through greater efficiency in logistics and other operations. As a result, segment profit (operating profit) rose to ¥370 million, up 2.5% year on year, resulting in higher revenue and profit.」
Selling, general and administrative expenses were contained through greater efficiency in logistics and other operations, and operating profit in the mail-order business rose 2.5% year on year. - FY2016First statedAnnual report
「To maintain low prices, strengthening low-cost operations is a key challenge. In the mail-order business's logistics and order-processing operations, we will strengthen low-cost operations through outsourcing, the use of IT, and labor-intensive methods.」
A plan combining outsourcing, IT, and additional staffing in logistics and order processing.