Improving cost ratios, reducing fixed costs and considering product-price revisions
First written in FY2022. 5 of 12 entries say "Advanced", first in FY2025-Q1. Latest entry: FY2026.
39 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In cost of sales, the company reorganized the value chain, mainly for fashion products, in its subscription-delivery business and improved its ability to create added value by integrating operations from planning through sales. As a result, the gross profit margin improved to 54.7%, up 0.8 percentage points year on year.」
The company integrated the value chain from planning through sales and improved the gross profit margin to 54.7%, up 0.8 percentage points year on year. The former policy of improving the cost-of-sales ratio is progressing with specific results. - FY2026-H1AdvancedAnnual report
「The core fashion businesses, including “Live in comfort,” reviewed their value chain, comprising planning, production and sales, and introduced a new method integrating each process. This generated many hit products, reduced the cost ratio and increased sales and gross profit.」
The company introduced an integrated planning, production and sales structure and achieved a lower cost-of-sales ratio. The former cost improvement policy is being translated into a review of the product value chain and measures backed by results. - FY2025Expansion of cost-improvement measuresAnnual report
「Meanwhile, in the subscription-delivery business, the Company will improve its operating margin by reviewing production locations, primarily for fashion products, and improving cost ratios through supply-chain efficiencies; increasing the efficiency of costs incurred for advertising and direct mail; and improving the advertising expense ratio by strengthening the distribution of catalogues by customer profile to existing customers, thereby reducing expenses.」
The former policy of improving the cost-of-sales ratio and reducing fixed costs has been translated into specific measures, including a review of production locations, supply chain efficiency improvements, more efficient advertising and direct-mail costs, and expanded catalog distribution by customer segment. - FY2025-Q1AdvancedAnnual report
「Logistics-related costs declined due to the adoption of delivery routes with lower per-shipment charges and improvements to packaging materials in the subscription delivery business.」
Under the previous cost-improvement policy, the Company implemented specific measures including adopting lower-cost shipping routes and improving packaging materials, and disclosed a reduction in logistics-related expenses. - FY2024ReframedAnnual report
「Regarding expenses, the Company plans to reduce product shipping costs by developing and using delivery routes with lower per-unit shipping rates, while also smoothing fluctuations in outbound shipping costs and further improving the efficiency of shipping-related operations. For advertising expenses, it will reduce costs incurred for advertising and direct mail, strengthen the distribution of catalogues by existing-customer profile, optimise advertising volumes and implement other measures to reduce expenses.」
The focus shifted from general explanations of improving cost ratios, reducing fixed costs and revising prices to specific measures for the fiscal year ending February 2025 covering delivery routes, smoothing shipping costs, shipping operations, advertising and direct mail, and distribution of catalogues by customer profile. - FY2024-Q3RestatedAnnual report
「Selling, general and administrative expenses were ¥12,317 million, down 0.4% year on year. Although product shipping costs and business commissions decreased as shipment volumes declined, the Company actively incurred strategic expenses to recruit and train new personnel and develop its next-generation web systems infrastructure.」
The Company continues to emphasise strategic spending on securing and developing human resources and building a next-generation web-system infrastructure rather than specifically restating measures to improve cost ratios, reduce fixed costs or revise product prices. - FY2024-Q2RestatedAnnual report
「Selling, general and administrative expenses were ¥8,171 million, down 0.2% year on year. Although product shipping costs and business commissions decreased as shipment volumes declined, the Company actively incurred strategic expenses to recruit and train new personnel and develop its next-generation web systems infrastructure.」
The Company continues to emphasise strategic spending on securing and developing human resources and building a next-generation web-system infrastructure rather than improving cost ratios or reducing fixed costs. - FY2024-Q1Strategic spending takes precedence over cost reductionAnnual report
「Selling, general and administrative expenses were ¥4,133 million, down 0.1% year on year. Although product shipping costs and business commissions decreased as shipment volumes declined, the Company actively incurred strategic expenses to recruit and train new personnel and optimize its next-generation web systems infrastructure.」
Although freight and business fees decreased, the Company explains that it is making strategic investments in human resources and a next-generation web-system infrastructure rather than focusing on improving cost ratios, reducing fixed costs or revising prices. - FY2023SoftenedAnnual report
「As raw-material and energy prices are expected to remain high, the plan for the fiscal year ending February 2024 reasonably estimates and incorporates the expected increase in expenses.」
The explanation now focuses more on incorporating higher expenses into the plan than on the previously stated improvement of cost ratios, reduction of fixed costs and price revisions as necessary; this filing does not restate specific cost-reduction measures or price revisions. - FY2022First statedAnnual report
「As raw-material prices and resource prices driven by the situation in Ukraine are expected to rise, increasing product manufacturing and delivery costs are a concern. Accordingly, the Company will pursue further cost reductions, including improving cost ratios and reducing fixed costs. It will also consider revising product prices as necessary.」
As measures to address concerns over higher manufacturing and delivery costs, the Company introduced improving cost ratios, reducing fixed costs and revising product prices as necessary as new initiatives.