Macnica Holdings (3132) · FactAdvanced
Decrease in Transportation and Business Travel Expenses Due to the Spread of COVID-19
First written in FY2021-Q1. 1 of 2 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2021-Q3.
2entries
2years
0from disclosures
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Improving Profitability Through Reductions in Travel and Transportation ExpensesA theme 2 companies write about · 0 as a headwind · 2 as a tailwind
0 other companies' latest entry also says "Advanced".
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- FY2021-Q3AdvancedAnnual report
「In addition to higher net sales, operating profit was ¥12,129 million, up 20.6% year on year, partly due to the suppression of selling, general and administrative expenses through working from home and digital sales activities as infection-control measures.」
The suppression of selling, general and administrative expenses through working from home and digital sales activities amid the COVID-19 pandemic continued to be identified specifically as a factor behind the increase in operating profit for the 9-month period. - FY2021-Q1First statedAnnual report
「Selling, general and administrative expenses, including transportation and business travel expenses, declined against the backdrop of the spread of COVID-19, and operating profit was ¥3,847 million, up 30.9% year on year.」
The decline in selling, general and administrative expenses, including transportation and business travel expenses, due to the COVID-19 pandemic is described specifically for the first time as a factor behind the year-on-year increase in operating profit.