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Nextage (3186) · InitiativeSG&A continues to increase

Reducing Fixed Costs Through Indirect-Cost Cuts and Operating Efficiency

First written in FY2021-Q1. 1 of 13 entries say "Restated". Latest entry: FY2026-H1.

13entries
6years
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ProgressHeldSoftenedWorseOtherFY2021-Q1 – FY2026-H12021: 120212022: 420222023: 420232024: 220242025: 120252026: 12026
Same theme, other companies
Cost Reduction through Operational Efficiency ImprovementsA theme 130 companies write about · 1 as a headwind · 130 as a tailwind

19 other companies' latest entry also says "Other".

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Showing 14 of the 130 companies compared. The sentences above are computed from all 130.
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  1. FY2026-H1SG&A continues to increaseAnnual report

    「Selling, general and administrative expenses for the interim consolidated accounting period increased by ¥3,085 million from the previous interim consolidated accounting period to ¥49,019 million. The main factor was higher selling expenses associated with increased unit sales.」

    Selling, general and administrative expenses increased by ¥3,085 million, or 6.7%, from the same period of the previous year. The main factor was higher selling expenses associated with increased unit sales.
  2. FY2025-H1SG&A continues to increaseAnnual report

    「Selling, general and administrative expenses for the interim consolidated accounting period increased by ¥5,372 million from the previous interim consolidated accounting period to ¥45,934 million. The main factors were higher personnel expenses due to an increase in the number of employees and higher selling expenses associated with increased unit sales.」

    Selling, general and administrative expenses increased by ¥5,372 million, or 13.2%, from the same period of the previous year. The main factors were higher personnel expenses due to an increase in the number of employees and higher selling expenses associated with increased unit sales.
  3. FY2024-Q2SG&A continues to increaseAnnual report

    「Selling, general and administrative expenses for the six months ended ... increased by ¥6,881 million from the same period of the previous year to ¥40,566 million. The main factors were higher personnel expenses due to an increase in the number of employees and higher selling expenses associated with increased unit sales.」

    Selling, general and administrative expenses increased by ¥6,881 million, or 20.4%, from the same period of the previous year. The main factors were higher personnel expenses due to an increase in the number of employees and higher selling expenses associated with increased unit sales.
  4. FY2024-Q1SG&A continues to increaseAnnual report

    「SG&A expenses for the first quarter of the current consolidated cumulative period increased by ¥3.074 billion from the first quarter of the previous consolidated cumulative period to ¥18.986 billion. The main factors were higher personnel expenses due to increased employee numbers, higher expenses accompanying increases in vehicle sales and purchases, and higher rent and other expenses resulting from the expansion of the store network.」

    SG&A expenses increased by ¥3.074 billion, or 19.3%, from the same period of the previous year. The increase in expenses accompanying higher employee numbers, vehicle sales and purchases, and store expansion was cited as the cause.
  5. FY2023-Q3SG&A continues to increaseAnnual report

    「SG&A expenses for the first 9 months of the current consolidated cumulative period increased by ¥13.151 billion from the first 9 months of the previous consolidated cumulative period to ¥52.215 billion. The main factors were higher personnel expenses due to the hiring of new graduates and higher selling expenses accompanying increased vehicle sales.」

    SG&A expenses increased by ¥13.151 billion, or 33.7%, from the same period of the previous year. The main factors were personnel expenses related to hiring new graduates and selling expenses accompanying increased vehicle sales.
  6. FY2023-Q2SG&A continues to increaseAnnual report

    「SG&A expenses for the first 6 months of the current consolidated cumulative period increased by ¥9.356 billion from the first 6 months of the previous consolidated cumulative period to ¥33.685 billion. The main factors were higher personnel expenses due to increased employee numbers and higher selling expenses accompanying increased vehicle sales.」

    SG&A expenses increased by ¥9.356 billion, or 38.5%, from the same period of the previous year. The main factor was the increase in expenses accompanying higher employee numbers and vehicle sales.
  7. FY2023-Q1SG&A continues to increaseAnnual report

    「SG&A expenses for the first quarter of the current consolidated cumulative period increased by ¥4.598 billion from the first quarter of the previous consolidated cumulative period to ¥15.911 billion. The main factors were higher personnel expenses due to increased employee numbers, higher expenses accompanying increases in vehicle sales and purchases, and higher rent and other expenses resulting from the expansion of the store network.」

    SG&A expenses increased by ¥4.598 billion, or 40.7%, from the same period of the previous year. The increase in expenses accompanying higher headcount, vehicle sales and purchases, and store expansion was cited as the cause.
  8. FY2022SG&A continues to increaseAnnual report

    「SG&A expenses for the consolidated fiscal year increased by ¥11.486 billion from the previous consolidated fiscal year to ¥54.580 billion. The main factors were higher personnel expenses due to increased headcount and higher selling expenses accompanying increased vehicle sales.」

    SG&A expenses increased by ¥11.486 billion from the previous year due to increases in headcount and vehicle sales.
  9. FY2022-Q3Increase in SG&A expenses accompanying higher headcount and vehicle salesAnnual report

    「SG&A expenses for the first 9 months of the current consolidated cumulative period increased by ¥8.004 billion from the first 9 months of the previous consolidated cumulative period to ¥39.063 billion. The main factors were higher personnel expenses due to the hiring of new graduates and higher selling expenses accompanying increased vehicle sales.」

    SG&A expenses increased by ¥8.004 billion, or 25.8%, from the same period of the previous year. The main factors were personnel expenses related to hiring new graduates and selling expenses accompanying increased vehicle sales.
  10. FY2022-Q2Increase in SG&A expenses accompanying higher headcount and store expansionAnnual report

    「SG&A expenses for the first 6 months of the current consolidated cumulative period increased by ¥4.356 billion from the first 6 months of the previous consolidated cumulative period to ¥24.328 billion. The main factors were higher personnel expenses due to the hiring of new graduates and higher selling expenses accompanying increased vehicle sales.」

    SG&A expenses increased by ¥4.356 billion, or 21.8%, from the same period of the previous year. The main factors were personnel expenses related to hiring new graduates and selling expenses accompanying increased vehicle sales.
  11. FY2022-Q1Increase in SG&A expenses accompanying store expansionAnnual report

    「SG&A expenses for the first quarter of the current consolidated cumulative period increased by ¥1.864 billion from the first quarter of the previous consolidated cumulative period to ¥11.312 billion. The main factors were higher personnel expenses due to increased headcount, higher expenses accompanying increases in vehicle sales and purchases, and higher rent and other expenses resulting from the expansion of the store network.」

    SG&A expenses increased by ¥1.864 billion due to higher headcount, increased vehicle sales and purchases, and expansion of the store network.
  12. FY2021RestatedAnnual report

    「The Group will cut fixed costs through reductions in indirect expenses and operating efficiencies to build a management structure less susceptible to changes in economic and market conditions. It regards the SG&A-to-revenue ratio as a key metric, and will reduce store costs by raising cost awareness among individual staff members, while also reducing costs by streamlining operations through system implementation.」

    The company stated its policy of continuing to reduce fixed costs through cuts to indirect expenses and operating efficiencies, while managing the SG&A-to-revenue ratio as a key metric.
  13. FY2021-Q1First statedAnnual report

    「This resulted from the impact of reducing fixed costs through thorough cuts to indirect expenses and operating efficiencies, implemented to build a management structure less susceptible to changes in economic and market conditions.」

    The company described cuts to indirect expenses and fixed costs through operating efficiencies for the first time as a standalone initiative to build a management structure less susceptible to changes in economic and market conditions.
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Reducing Fixed Costs Through Indirect-Cost Cuts and Operating Efficiency | NEXTAGE Co.,Ltd. (3186) | Komori