Maximizing Profit and Transitioning to a More Profitable P&L Structure
First written in FY2016. 24 of 36 entries say "Advanced", first in FY2017. Latest entry: FY2027-H1.
7 other companies' latest entry also says "Other".
- FY2027-H1Operating profit edged up on higher B2B earningsAnnual report
「In terms of operating profit, the B2C business remained roughly at the previous year's level, while the B2B business achieved year-on-year profit growth.」
While operating profit in the B2C business remained roughly at the previous year's level, the B2B business reported profit growth, resulting in a 0.3% year-on-year increase in overall operating profit. - 2026-10-05Otherfinance.yahoo.co.jp
「直近3ヵ月の実績である6-8月期(2Q)の連結最終利益は前年同期比66.4％減の4.2億円に大きく落ち込み、売上営業利益率は前年同期の2.3％→1.6％に悪化した。」
上期累計では最終利益が前年同期比4.2％増となったが、6-8月期は最終利益と売上営業利益率が前年同期から悪化した。 - FY2026Profit decline at the interim profit level following a slowdown in the fourth quarterAnnual report
「For the consolidated fiscal year from 1 March 2025 to 28 February 2026, revenue was ¥284,014 million, up 25.9% year on year. Core operating profit was ¥16,407 million, down 3.6%; operating profit was ¥16,028 million, down 4.2%; profit before tax was ¥14,203 million, down 8.0%; and profit for the year attributable to owners of the parent was ¥12,013 million, up 8.8%. Although the Group secured increases in revenue and bottom-line profit, core operating profit, operating profit, and other intermediate profit measures declined year on year because of a slowdown in the fourth quarter.」
Revenue and profit for the year attributable to owners of the parent increased, while core operating profit, operating profit, and profit before tax declined year on year because of the fourth-quarter slowdown. - FY2026-H1AdvancedAnnual report
「As a result, the non-apparel businesses, including the lifestyle brands, provided strong support for the weak performance of the apparel brand business, enabling the Group as a whole to secure year-on-year profit growth at every level from core operating profit downward. We view this as evidence that the Group is shifting toward a resilient earnings structure that is less susceptible to changes in any particular business environment.」
Although the brand business recorded lower revenue and profit, the non-apparel businesses provided support, enabling the Group as a whole to increase profit at every level from core operating profit downward. The Group explained that it was progressing toward a less environment-sensitive earnings structure. - FY2025AdvancedAnnual report
「SG&A expenses increased because personnel costs rose as employee compensation improved. The Group absorbed this increase through thorough expense controls, keeping the SG&A ratio at 51.5%. As a result, core operating profit, the Group's underlying earnings power, progressed as planned, while a gain on bargain purchase arising from the consolidation of MC Fashion Co., Ltd. also contributed, enabling the Group to achieve its second-year PLAN-W targets at every profit level.」
Expense controls absorbed the increase in personnel costs, enabling the Group to achieve its second-year PLAN-W targets at every profit level, including core operating profit. - FY2025-H1AdvancedAnnual report
「For the interim consolidated accounting period from 1 March 2024 to 31 August 2024, revenue was ¥110,113 million, up 6.8% year on year. Core operating profit was ¥8,033 million, up 39.2%; operating profit was ¥7,890 million, up 34.4%; profit before tax was ¥7,347 million, up 34.7%; and interim profit attributable to owners of the parent was ¥4,669 million, up 41.9%. Revenue and profit both increased.」
Revenue and every profit measure exceeded the same period of the previous year, with core operating profit up 39.2%. All three business segments increased profit, demonstrating further progress toward a more profitable business structure. - FY2025-Q1AdvancedAnnual report
「All three business segments increased revenue and profit year on year during the current first-quarter consolidated cumulative period, delivering the expected results and giving the second year of PLAN-W a strong start.」
The brand, digital, and platform segments all increased revenue and profit, demonstrating a strong start to the second year of PLAN-W. - FY2024-Q3AdvancedAnnual report
「Core operating profit increased for the 12th consecutive quarter, allowing us to conclude the period before the change in the fiscal year-end on a strong note. We also made steady progress toward achieving PLAN-W.」
Core operating profit was ¥14,658 million, up 17.9% year on year, extending the consecutive growth record to 12 quarters. - FY2024-Q2AdvancedAnnual report
「In terms of profit, we continued to prioritize full-price sales through both stores and e-commerce and also improved our response to the transitional seasons, which had been an issue. As a result, gross margin improved 1.2 percentage points year on year to 59.1%.」
Full-price sales in stores and online and improved management of transitional seasons lifted gross margin 1.2 percentage points year on year, while core operating profit increased 41.0%. - FY2024-Q1AdvancedAnnual report
「For the first quarter of the current consolidated cumulative period from 1 April 2023 to 30 June 2023, revenue was ¥53,417 million, up 5.7% year on year. Core operating profit was ¥5,557 million, up 15.8%; operating profit was ¥5,716 million, up 14.5%; profit before tax was ¥5,507 million, up 18.3%; and profit for the quarter attributable to owners of the parent was ¥3,356 million, up 18.8%. Revenue and profit both increased. In terms of profit, continued efforts to prioritize full-price sales through both stores and e-commerce improved gross margin by 0.9 percentage points year on year to 62.6%.」
Prioritizing full-price sales improved gross margin, and revenue and every profit measure from core operating profit downward exceeded the same period of the previous year. - FY2023AdvancedAnnual report
「For the consolidated fiscal year from 1 April 2022 to 31 March 2023, revenue was ¥214,246 million, up 25.0% year on year. Core operating profit was ¥13,539 million, up 151.2%; operating profit was ¥11,686 million, up 432.2%; profit before tax was ¥10,313 million, up 631.6%; and profit for the year attributable to owners of the parent was ¥5,686 million, an increase of ¥5,446 million. Revenue and profit both increased.」
Revenue and every profit measure exceeded the previous fiscal year. Core operating profit increased 151.2% to ¥13,539 million. - FY2023-Q3AdvancedAnnual report
「For the nine-month consolidated cumulative period from 1 April 2022 to 31 December 2022, revenue was ¥157,431 million, up 24.7% year on year. Core operating profit was ¥12,428 million, up 151.1%; operating profit was ¥12,138 million, up 143.1%; profit before tax was ¥11,113 million, up 152.6%; and profit for the nine-month period attributable to owners of the parent was ¥6,502 million, up 97.4%. Revenue and profit both increased.」
Revenue and every profit measure from core operating profit downward exceeded the previous year, demonstrating the effects of efforts to shift toward a more profitable business structure. - FY2023-Q2AdvancedAnnual report
「In terms of profit, the Group faced delays in product delivery following China's lockdowns, higher procurement costs resulting from rising global energy prices and the rapid depreciation of the yen. Nevertheless, it rebuilt its supply-chain strategy, including a return to domestic production in the mid-to-upper market, revised optimal retail prices in line with the balance between value and price, and focused on full-price sales through both stores and e-commerce. These strategies proved effective and enabled further improvements in sales execution. As a result, gross margin improved 2.4 percentage points year on year to 57.9%.」
Reviewing procurement, pricing, and sales methods improved gross margin by 2.4 percentage points year on year, and every profit level from core operating profit downward turned positive from a loss in the same period of the previous year. - FY2023-Q1AdvancedAnnual report
「As a result, gross margin improved 0.8 percentage points year on year to 61.7%. SG&A expenses rose because employment adjustment subsidy income declined following temporary leave and rent and lease expenses increased with higher sales. However, the impact of expense reductions from the structural reform implemented in the previous fiscal year was greater, resulting in a substantial 5.1-percentage-point improvement in the SG&A ratio to 52.2%.」
Improved sales execution, including a focus on full-price sales in stores and online, and expense reductions from the previous year's structural reform improved both gross margin and the SG&A ratio. Operating profit rose 157.2% year on year to ¥4,990 million. - FY2022AdvancedAnnual report
「For the current consolidated fiscal year, from 1 April 2021 to 31 March 2022, revenue fell 5.0% year on year to ¥171,344 million, while core operating profit was ¥5,389 million compared with core operating loss of ¥6,499 million in the previous year, and operating profit was ¥2,196 million compared with operating loss of ¥21,637 million.」
Despite lower revenue, core operating profit and operating profit both returned to profitability from losses in the previous year, indicating progress over the full year toward a more profitable business structure. - FY2022-Q3AdvancedAnnual report
「Gross profit increased ¥1,000 million year on year, as the improvement in gross margin offset the decline in revenue, while core operating profit increased substantially by ¥9,000 million and returned to profitability.」
Revenue fell 5.0% year on year, but gross margin improved 3.7 percentage points and core operating profit returned to profitability at ¥4,949 million from a loss in the previous year. The SG&A ratio also improved 3.3 percentage points to 54.5%. - FY2022-Q2AdvancedAnnual report
「In terms of profit, reflecting the previous year's experience of a sharp decline in margins caused by increased markdown sales to clear spring merchandise inventory, we controlled the timing and volume of purchases in advance during the current fiscal year and focused on full-price sales at most brands to improve profitability. As a result, gross profit margin increased 4.8 percentage points year on year. Selling, general and administrative expenses increased because of lower employment adjustment subsidy income associated with temporary leave and higher rent and lease expenses as stores resumed operations, but the SG&A ratio improved 3.4 percentage points year on year to 57.9% as the benefits of the structural reforms took effect. Consequently, all profit levels from gross profit downward improved year on year despite the decline in revenue, although core operating profit did not return to profitability.」
Management of purchasing and sales and the benefits of structural reforms improved every profit level from gross profit downward despite lower revenue. However, core operating loss remained ¥1,907 million and did not return to profitability. - FY2022-Q1AdvancedAnnual report
「For the first quarter of the current consolidated cumulative period, from 1 April 2021 to 30 June 2021, revenue increased 22.8% year on year to ¥40,532 million, core operating profit was ¥1,446 million compared with core operating loss of ¥2,984 million in the same period of the previous year, operating profit was ¥1,941 million compared with operating loss of ¥3,189 million, profit before tax was ¥1,733 million compared with loss before tax of ¥3,415 million, and profit for the quarter attributable to owners of the parent was ¥1,435 million compared with loss attributable to owners of the parent of ¥2,411 million.」
Core operating profit, operating profit, profit before tax, and profit attributable to owners of the parent all returned to profitability from losses in the same period of the previous year. - FY2021Losses at every profit level for the full yearAnnual report
「For the current consolidated fiscal year, from 1 April 2020 to 31 March 2021, revenue fell 23.7% year on year to ¥180,322 million, core operating loss was ¥6,499 million compared with core operating profit of ¥13,065 million in the previous fiscal year, operating loss was ¥21,637 million compared with operating profit of ¥12,351 million, loss before tax was ¥22,556 million compared with profit before tax of ¥11,437 million, and loss for the year attributable to owners of the parent was ¥17,149 million compared with profit attributable to owners of the parent of ¥8,080 million.」
Following cumulative quarterly losses, the company also recorded full-year core operating loss of ¥6,499 million, operating loss of ¥21,637 million, and loss for the year attributable to owners of the parent of ¥17,149 million. - FY2021-Q3Cumulative losses continued; third-quarter profitabilityAnnual report
「Revenue was ¥132,848 million, down 27.2% year on year; core operating loss was ¥4,020 million compared with core operating profit of ¥15,820 million; operating loss was ¥9,670 million compared with operating profit of ¥16,988 million; loss before tax was ¥10,367 million compared with profit before tax of ¥16,306 million; and loss for the quarter attributable to owners of the parent was ¥7,820 million compared with profit attributable to owners of the parent of ¥11,893 million.」
For the first nine months, the company recorded core operating loss of ¥4,020 million, operating loss of ¥9,670 million, and loss for the period attributable to owners of the parent of ¥7,820 million. In the third quarter alone, from October to December, it recorded operating profit of ¥4,795 million and profit attributable to owners of the parent of ¥3,283 million, returning to profitability on a quarterly basis. - FY2021-Q2Widening operating lossAnnual report
「For the first six months of the current consolidated fiscal year, from 1 April 2020 to 30 September 2020, revenue fell 32.8% year on year to ¥79,075 million, core operating loss was ¥8,379 million compared with core operating profit of ¥6,981 million in the same period of the previous year, and operating loss was ¥14,454 million compared with operating profit of ¥8,037 million.」
Despite pursuing maximum profitability and a transition to a more profitable business structure, the company recorded core operating and operating losses in the first six months because of a substantial decline in revenue, and the losses widened. - FY2021-Q1Operating loss amid COVID-19Annual report
「For the first quarter of the current consolidated cumulative period, from 1 April 2020 to 30 June 2020, revenue fell 45.0% year on year to ¥32,994 million, core operating loss was ¥2,979 million compared with core operating profit of ¥6,822 million in the same period of the previous year, and operating loss was ¥3,184 million compared with operating profit of ¥8,713 million.」
The company had been pursuing maximum profitability, but store closures and other effects of COVID-19 reduced revenue by 45.0%, resulting in core operating and operating losses. - FY2020-Q3AdvancedAnnual report
「Meanwhile, we continued to pursue rigorous control of production and sales and reductions in expenses, securing growth in core operating profit for the first nine months of the current consolidated fiscal year.」
Although revenue declined 2.0% year on year, core operating profit increased 1.5% to ¥15,852 million, reflecting continued control of production, sales, and expenses. - FY2020-Q2AdvancedAnnual report
「In addition, gross profit margin improved through greater accuracy in inventory management and selling-price changes using IT, mainly at apparel brands in the brand business. Detailed expense controls also continued to produce results, enabling core operating profit, the earning power of the core business, to secure double-digit growth and increase for the fifth consecutive period.」
Core operating profit rose 13.8% year on year and increased for the fifth consecutive period, supported by more accurate IT-based inventory management and selling-price changes and expense controls. - FY2020-Q1AdvancedAnnual report
「For the first quarter of the current consolidated cumulative period, from 1 April 2019 to 30 June 2019, revenue was ¥59,990 million, down 1.6% year on year; core operating profit was ¥6,832 million, up 1.1%; operating profit was ¥8,678 million, up 30.5%; profit before tax was ¥8,470 million, up 36.5%; and profit for the quarter attributable to owners of the parent was ¥6,568 million, up 65.2%. Despite the decline in revenue, all profit levels from core operating profit downward reached record highs for the six comparable periods since the adoption of IFRS.」
Despite lower revenue, all profit levels from core operating profit downward reached record highs for the six comparable periods. Core operating profit increased 1.1% year on year, mainly due to the contribution from the brand business. - FY2019AdvancedAnnual report
「In addition to strengthening the product capabilities of existing brands, we launched the menswear brand UNBUILT TAKEO KIKUCHI, offering made-to-order services for the next generation of business professionals, and began developing a new business model using a digital platform.」
Revenue increased 1.6% year on year, core operating profit rose 2.5%, operating profit rose 12.1%, and profit attributable to owners of the parent rose 36.4%, resulting in record profit at every level among the seven comparable periods since the adoption of IFRS. - FY2019-Q3Profit growth stalledAnnual report
「In terms of profit, gross profit declined as markdown sales were increased to reduce inventory, particularly in the shopping-center channel, against one-off factors including natural disasters. In addition, the benefit of controlling operating expenses was partly offset by higher logistics costs. As a result, core operating profit, or segment profit, declined 0.6% year on year to ¥15,621 million, while operating profit also declined 0.6% to ¥15,302 million.」
Although the company controlled expenses, core operating profit and operating profit declined year on year because of increased markdown sales to reduce inventory and higher logistics costs. - FY2019-Q2AdvancedAnnual report
「Revenue returned to growth, rising 1.5% year on year to ¥117,175 million, supported in part by the consolidation of businesses acquired through M&A. Gross profit margin was affected by stronger markdown sales, reflecting the need to adjust inventory of seasonal merchandise against one-off factors including the northern Osaka earthquake and the heavy rains in July 2018. However, continued reviews of operating expenses offset the decline in gross profit. Core operating profit, or segment profit, was ¥6,150 million, up 0.9% year on year, while operating profit was ¥5,944 million, up 2.2%.」
Gross profit margin declined because markdown sales were increased to adjust inventory, but reviews of operating expenses resulted in year-on-year growth in both core operating profit and operating profit. - FY2018AdvancedAnnual report
「Although revenue declined slightly, the transition to a business structure more conducive to generating profit steadily progressed, and operating profit increased.」
The company explained that improvements in gross margin and expense controls led to operating profit of ¥13,225 million, up 9.6% year on year, and that the transition to a more profitable business structure was progressing. - FY2017AdvancedAnnual report
「During the current fiscal year, the second year of the structural reforms, we continued to maximize profit based on the premise of limiting investment in products and equipment and operating expenses.」
Operating profit increased 24.0% year on year, with improved sales efficiency and a higher gross profit margin also reported. - FY2016First statedAnnual report
「We worked to maximize profit based on the premise of limiting investment in products and equipment and operating expenses. As our top priority in the first year, we also pursued thorough cost reductions, withdrew from unprofitable businesses, closed unprofitable and low-profit stores, and worked to control purchasing and inventory, with the aim of transitioning to a more profitable P&L structure.」
Sets out a policy of simultaneously reviewing costs, businesses and stores, purchasing, and inventory while limiting investment and operating expenses.