Improving the business structure by reviewing business processes and disposing of long-held inventory
First written in FY2018-Q2. 3 of 5 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「From the third to the fourth quarter, we reviewed the purchase price assessment system and business processes to assess purchase prices more accurately and improve profitability going forward. As a result, the fourth-quarter accounting period (April–June 2023) became profitable.」
The company reviewed its purchase price assessment system and business processes, resulting in the agricultural machinery business becoming profitable in the fourth-quarter accounting period. - FY2022RestatedAnnual report
「During the consolidated fiscal year, we made various upfront investments to achieve the targets of the medium-term management plan. In the consumer reuse business, these included increased marketing investment to raise the number of purchase requests, as well as expanding the number of buyers for on-site purchases and the vehicle fleet to uncover latent demand for merchandise purchases.」
The company continues to improve its operations and purchasing structure through marketing investment and the expansion of on-site purchasing personnel and vehicles. - FY2021RestatedAnnual report
「During the consolidated fiscal year, we continued to digitize and standardize business processes, while taking into account the uncertain external environment, and pursued a business strategy focused on improving the efficiency of online advertising operations for purchasing merchandise.」
The company continues to improve its operating and business structure by digitizing and standardizing business processes and improving advertising efficiency. - FY2018-Q3RestatedAnnual report
「The gross profit margin temporarily declined during the second quarter due to the disposal of long-outstanding inventory.」
The disposal of long-outstanding inventory was reported again as a factor affecting performance in the current quarter as the same event as the operational improvement initiative described in the previous quarter. - FY2018-Q2First statedAnnual report
「Alongside these upfront investments, we reviewed business processes and disposed of long-outstanding inventory to improve operational efficiency going forward and create a “leaner organization.”」
It explains that the company sought to improve operational efficiency and create a “leaner organization” by reviewing business processes and disposing of long-outstanding inventory alongside its upfront investments.