Operational Efficiency and Cost Reduction

「In terms of earnings, although temporary costs were incurred in connection with new physical-store openings, we thoroughly controlled the cost ratio on a stable basis through the optimization of marketing costs, development of high-margin products, active use of foreign exchange forwards and price revisions for certain products. We also continued company-wide cost management, resulting in a substantial increase in earnings compared with the same period of the previous year.」

「Although the fiscal year included temporary costs associated with opening new physical stores, the company thoroughly controlled the cost ratio through measures including marketing-cost optimization, the development of high-margin products, and proactive use of forward foreign exchange contracts. It also continued company-wide cost management, resulting in substantial profit growth compared with the previous fiscal year.」

「In terms of earnings, the company maintained stable control of the cost ratio through measures including forward foreign exchange contracts. As a result of continuing profitability improvement initiatives, centered on optimizing marketing costs, as well as efforts to control labor and fixed costs, profit increased year on year.」

「In terms of earnings, the yen remained on a depreciation trend, but the company maintained stable control of the cost ratio through measures including forward foreign exchange contracts. As a result of continuing profitability improvement initiatives from the previous fiscal year, centered on optimizing marketing costs, as well as efforts to control labor and fixed costs, profit increased substantially year on year.」

「As a result of continuing profitability improvement initiatives from the previous fiscal year, centered on optimizing marketing costs, as well as efforts to control labor and fixed costs, profit increased substantially year on year.」

「In terms of earnings, the company was affected by a higher cost ratio due to the sharp depreciation of the yen. However, it continued its longstanding initiatives to reduce inventory and delivery costs through inventory optimization and appropriate delivery practices, centered on marketing-cost reductions as part of its profitability improvement efforts, and also worked to reduce labor and fixed costs. As a result, the selling, general and administrative expense ratio improved and profit increased.」

「Despite rapid changes in the external environment, the company continued its longstanding initiatives to optimize inventory and delivery practices, reduce inventory, and lower delivery costs, while also reducing selling, general and administrative expenses.」

「Despite rapid changes in the external environment, the company continued its longstanding initiatives to optimize inventory and delivery practices, reduce inventory, and lower delivery costs, while also reducing selling, general and administrative expenses.」

「Despite rapid changes in the external environment, the company continued its longstanding initiatives to optimize inventory and delivery practices, reduce inventory, and lower delivery costs, while also reducing selling, general and administrative expenses.」

「Despite rapid changes in the external environment, the company continued its longstanding initiatives to optimize inventory and delivery practices, reduce inventory, and lower delivery costs, while also reducing selling, general and administrative expenses through measures including the consolidation of logistics bases and relocation of the Tokyo branch.」

「Despite rapid changes in the external environment, the company continued its longstanding initiatives to optimize inventory and delivery practices and reduce storage and delivery costs, while also reducing fixed costs by consolidating logistics bases and relocating the Tokyo branch.」

「Despite rapid changes in the external environment, initiatives to reduce storage and delivery costs through inventory optimization and appropriate delivery practices have continued steadily.」

「Meanwhile, as part of its logistics initiatives, the company has continued working to reduce logistics costs, including by improving storage efficiency, optimizing inventory levels and allocation, and reviewing its product mix, in response to rising delivery costs. Continued cost-reduction efforts during the fiscal year further improved the delivery-cost ratio.」

「The cost ratio increased due to higher ocean container freight rates, rising raw material prices, and the depreciation of the yen, but initiatives to reduce storage and delivery costs through inventory optimization and appropriate delivery practices continued steadily.」

「The cost ratio increased due to higher ocean container freight rates, rising raw material prices, and the depreciation of the yen, but initiatives to reduce storage and delivery costs through inventory optimization and appropriate delivery practices continued steadily.」

「In terms of earnings, revenue and profit declined due to the reaction to the sharp increase in demand in the same period of the previous year. However, the shift in sales channels to the LOWYA flagship store progressed steadily, while initiatives to improve profitability, including reviewing selling prices and product mix and reducing storage and outsourced logistics costs through inventory optimization and appropriate delivery practices, also continued.」

「As part of its logistics initiatives, the company has worked since the fiscal year before last to reduce logistics costs, including by improving storage efficiency, optimizing inventory levels and allocation, and reviewing its product mix, in response to rising delivery costs. Despite substantial sales growth during the fiscal year, continued cost-reduction efforts led to a further improvement in the delivery-cost ratio.」

「As a result of continuing initiatives to improve profitability, including reviewing selling prices and product mix, optimizing inventory and reducing storage and outsourced logistics costs through appropriate distribution, both the gross profit margin and operating profit margin improved, resulting in higher sales and profit year on year.」

「As a result of continuing initiatives to improve profitability, including reviewing selling prices and product mix, optimizing inventory and reducing storage and outsourced logistics costs through appropriate distribution, both the gross profit margin and operating profit margin improved, resulting in higher sales and profit year on year.」

「As part of its logistics initiatives, the company made steady progress in responding to the so-called logistics crisis that has continued from the previous fiscal year. It reduced logistics costs by reviewing storage efficiency and warehouse storage space, optimizing inventory levels and inventory value, optimizing inventory allocation and inter-warehouse transportation costs, and reviewing ordering standards and outsourced costs related to inbound and outbound logistics.」

「As part of its supply chain management initiatives, the company reviewed storage efficiency and optimized inventory levels, thereby reducing the floor space of some warehouses and controlling inbound volumes. It reduced storage and outsourced logistics costs and continues to prepare for the introduction of a warehouse management system to optimize future inventory allocation.」

「As part of its supply chain management initiatives, the company optimized inventory levels, reduced the floor space of some warehouses, and controlled inbound volumes, thereby reducing storage and outsourced logistics costs. It also began preparing to introduce a warehouse management system to optimize inventory allocation.」

「In logistics, the Company expanded the Kansai and Kanto warehouses opened in the previous fiscal year and optimized warehouse storage allocation based on data analysis to improve logistics efficiency. It also reviewed the packaging sizes of multiple products, helping contain increases in packing and delivery costs.」

「In logistics, the Company invested in system development and worked to reduce costs by improving the efficiency of business operations.」

「The Company will continue working to improve operational efficiency, select manufacturers and provide manufacturing guidance, enhance its ordering and inventory management systems, and reduce transportation and delivery costs.」