Cost reductions through suspension of web advertising and nonpayment of bonuses
First written in FY2020. 1 of 2 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2021-Q1.
The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2021-Q1AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥62.006 million from the same quarter of the previous year, as expenses related to the transfer to the First Section of the Tokyo Stock Exchange had been recorded in the same quarter of the previous year, while advertising and promotion expenses, outsourcing expenses and other costs were reduced in the cumulative first quarter of the current consolidated fiscal year.」
The Company reduced advertising and promotion expenses, outsourcing expenses and other costs, reducing selling, general and administrative expenses by ¥62.006 million year on year. - FY2020First statedAnnual report
「The Company worked to reduce costs in selling, general and administrative expenses, including reducing advertising expenses by suspending online advertising and reducing personnel expenses by not paying bonuses to directors and employees.」
Under the impact of COVID-19, the Company reduced selling, general and administrative expenses by suspending online advertising and not paying bonuses to directors and employees.