Reduction of selling, general and administrative expenses
First written in FY2016. 26 of 35 entries say "Advanced", first in FY2017. Latest entry: FY2027-H1.
24 other companies' latest entry also says "Other".
- FY2027-H1Lower common-segment earnings due to strategic upfront investmentAnnual report
「We made strategic upfront investments in human capital and new business development to support future growth, resulting in lower earnings year on year.」
As a result of strategic upfront investment in human capital and new business development, operating profit in the common segment fell 39.4% year on year. - FY2026Maintaining controls while strategic investment and employee compensation increase costsAnnual report
「During the fiscal year, we controlled costs in line with performance, while also being affected by higher activity expenses at the overseas business development office, which began full-scale operations in the previous fiscal year; higher upfront costs for strategic and growth investments in new businesses pursued across companies and departments; and higher employee costs resulting from improved employee compensation.」
The company controlled costs in line with performance, while expenses increased for overseas business development, new-business and growth investments, and improved employee compensation. - FY2026-H1RestatedAnnual report
「To fulfill its role of investing intensively in priority areas, the holding company generally recovers from its subsidiaries management service fees and other charges exceeding the actual costs of holding-company staff and other resources. At the same time, it continues to consolidate functions and improve its own productivity.」
The company reaffirmed its policy of continuing to consolidate functions and improve the productivity of the holding company itself. - FY2025AdvancedAnnual report
「Although employee costs increased as employee compensation was improved, rigorous expense controls absorbed the increase and held the SG&A ratio to 51.5%.」
The increase in employee costs resulting from improved employee compensation was absorbed through expense controls, keeping the SG&A ratio at 51.5%. - FY2025-H1AdvancedAnnual report
「Although employee costs increased as employee compensation was improved, rigorous expense controls improved the SG&A ratio by 1.4 percentage points year on year to 52.1%.」
Expense controls improved the SG&A ratio by 1.4 percentage points despite higher employee costs resulting from improved employee compensation. - FY2025-Q1AdvancedAnnual report
「Although employee costs increased as employee compensation was improved, rigorous expense controls improved the SG&A ratio by 1.8 percentage points year on year to 50.4%.」
Expense controls improved the SG&A ratio to 50.4%, a 1.8-percentage-point improvement, despite higher employee costs resulting from improved employee compensation. - FY2024-Q3RestatedAnnual report
「Although employee costs increased as employee compensation was improved and rent and other lease expenses increased with store sales, rigorous expense controls kept the SG&A ratio at 51.3%, unchanged from the previous year.」
Expense controls maintained the SG&A ratio at the previous year's level despite higher employee compensation and rent-related expenses. - FY2024-Q2AdvancedAnnual report
「Although employee costs increased as employee compensation was improved and rent and other lease expenses increased with store sales, rigorous expense controls improved the SG&A ratio by 0.2 percentage points year on year to 53.5%.」
Expense controls improved the SG&A ratio by 0.2 percentage points despite higher costs associated with employee compensation and store sales. - FY2024-Q1RestatedAnnual report
「Although employee costs increased as employee compensation was improved and rent and other lease expenses increased with store sales, rigorous expense controls held the SG&A ratio at 52.2%, broadly unchanged from the previous year.」
The company maintained the SG&A ratio at approximately the previous year's level through rigorous expense controls despite higher employee compensation and rent-related expenses. - FY2023AdvancedAnnual report
「Selling, general and administrative expenses included lower employment adjustment subsidies associated with temporary leave, higher employee compensation including bonuses, and higher rent and other lease expenses resulting from increased sales. However, cost reductions from structural reforms implemented through the previous fiscal year made a greater contribution, improving the SG&A ratio substantially by 2.9 percentage points year on year to 51.5%.」
Despite increases in compensation and rent, structural reform-related cost reductions improved the SG&A ratio by 2.9 percentage points. - FY2023-Q3AdvancedAnnual report
「Selling, general and administrative expenses included lower employment adjustment subsidies associated with temporary leave and higher rent and other lease expenses resulting from higher sales. However, cost reductions from structural reforms implemented through the previous fiscal year made a greater contribution, improving the SG&A ratio substantially by 3.1 percentage points year on year to 51.4%.」
Despite increases in rent and other lease expenses, cost reductions from structural reforms implemented through the previous fiscal year improved the SG&A ratio by 3.1 percentage points year on year. - FY2023-Q2AdvancedAnnual report
「Selling, general and administrative expenses included lower employment adjustment subsidies associated with temporary leave and higher rent and other lease expenses resulting from higher sales. However, cost reductions from structural reforms implemented through the previous fiscal year made a greater contribution, improving the SG&A ratio substantially by 4.2 percentage points year on year to 53.7%.」
Although rent and other lease expenses increased, structural reform-related cost reductions more than offset the increase, improving the SG&A ratio by 4.2 percentage points year on year. - FY2023-Q1AdvancedAnnual report
「The benefits of cost reductions from structural reforms implemented in the previous fiscal year made a greater contribution, improving the SG&A ratio substantially by 5.1 percentage points year on year to 52.2%.」
Structural reform-related cost reductions more than offset increases in rent and other lease expenses associated with higher sales, improving the SG&A ratio. - FY2022AdvancedAnnual report
「Selling, general and administrative expenses included lower employment adjustment subsidies associated with temporary leave and higher rent and other lease expenses following the resumption of operations. However, the benefits of cost reductions from structural reforms made a greater contribution, improving the SG&A ratio by 3.0 percentage points year on year to 54.4%.」
Despite factors increasing rent and other expenses, structural reform-related cost reductions improved the SG&A ratio to 54.4% and reduced SG&A from ¥103,200 million to ¥93,258 million. - FY2022-Q3AdvancedAnnual report
「Selling, general and administrative expenses included lower employment adjustment subsidies associated with temporary leave and higher rent and other lease expenses following the resumption of operations. However, the benefits of cost reductions from structural reforms implemented in the previous fiscal year made a greater contribution, improving the SG&A ratio by 3.3 percentage points year on year to 54.5%.」
Although rent and other lease expenses increased following the resumption of operations, structural reform-related cost reductions more than offset the increase, reducing SG&A from ¥76,705 million to ¥68,757 million. - FY2022-Q2AdvancedAnnual report
「Selling, general and administrative expenses included higher rent and other lease expenses that had been suppressed by temporary store closures, as well as lower employment adjustment subsidies associated with temporary leave. However, structural reform benefits also contributed, improving the SG&A ratio by 3.4 percentage points year on year to 57.9%.」
SG&A declined from ¥48,443 million to ¥44,784 million, while structural reform benefits improved the SG&A ratio by 3.4 percentage points. - FY2022-Q1AdvancedAnnual report
「Selling, general and administrative expenses included higher rent and other lease expenses that had been suppressed by temporary store closures, as well as lower employment adjustment subsidies associated with temporary leave. However, structural reform benefits also contributed, improving the SG&A ratio by 8.7 percentage points year on year to 57.3%.」
Although rent and other lease expenses increased, structural reform benefits contributed to an 8.7-percentage-point year-on-year improvement in the SG&A ratio. - FY2021AdvancedAnnual report
「Selling, general and administrative expenses declined from ¥125,106 million to ¥103,569 million.」
Selling, general and administrative expenses declined by ¥21,537 million from the previous fiscal year. Although the company reduced rent and other lease expenses associated with store closures and restrained employment adjustment subsidies, staffing, bonuses and nonessential spending, these measures were not enough to offset the substantial decline in gross profit. - FY2021-Q3AdvancedAnnual report
「In expenses, employee costs were partly alleviated by employment adjustment subsidies, while we reviewed store staffing levels and restrained mid-career hiring and bonuses. We also reduced rent and other lease expenses associated with temporary store closures and thoroughly cut activity-related expenses, including travel and events. However, these measures were not enough to offset the substantial decline in gross profit.」
The company continued reducing staffing, hiring, bonuses, rent and other lease expenses, and activity-related expenses. Selling, general and administrative expenses declined from ¥93,440 million to ¥76,705 million, but the reduction was insufficient to offset the decline in gross profit. - FY2021-Q2AdvancedAnnual report
「Employee costs were partly alleviated by employment adjustment subsidies, while we optimized store staffing and restrained mid-career hiring and provisions for bonuses. We also reduced rent and other lease expenses because of temporary store closures and thoroughly cut nonessential spending, including travel and events. However, these measures were not enough to offset the substantial decline in gross profit.」
The company restrained staffing, hiring, bonuses, rent and other lease expenses, and nonessential spending. Selling, general and administrative expenses declined from ¥62,038 million to ¥48,432 million, but the reduction was insufficient to offset the decline in gross profit. - FY2021-Q1AdvancedAnnual report
「In addition to lower rent and other lease expenses because of temporary store closures, we thoroughly reduced nonessential spending, including travel and events. However, this was not enough to offset the substantial decline in gross profit.」
The company reduced rent and other lease expenses associated with store closures and cut nonessential spending. Selling, general and administrative expenses declined from ¥30,983 million to ¥21,756 million, but the reduction was insufficient to offset the decline in gross profit. - FY2020-Q3AdvancedAnnual report
「Selling, general and administrative expenses 94,661 93,407」
Selling, general and administrative expenses declined from ¥9,466.1 million to ¥9,340.7 million. - FY2020-Q2Continued controls despite higher total expensesAnnual report
「Selling, general and administrative expenses 61,442 62,019」
Selling, general and administrative expenses increased from ¥61,442 million in the previous period to ¥62,019 million. The company stated that detailed expense controls continued to produce results, while the expense mix changed because of lower rent and higher depreciation following the adoption of IFRS 16. - FY2020-Q1AdvancedAnnual report
「Selling, general and administrative expenses 31,238 30,973」
Selling, general and administrative expenses declined by ¥265 million, from ¥31,238 million in the previous period to ¥30,973 million. The figures include the effects of lower rent and higher depreciation following the adoption of IFRS 16. - FY2019AdvancedAnnual report
「By controlling selling, general and administrative expenses, the amount was ¥16,320 million, up 2.5% from the previous fiscal year.」
Consolidated selling, general and administrative expenses were ¥128,353 million, down ¥612 million from ¥128,965 million in the previous fiscal year. - FY2019-Q3AdvancedAnnual report
「Selling, general and administrative expenses 95,210 94,661」
Selling, general and administrative expenses declined by ¥549 million, from ¥95,210 million in the previous period to ¥94,661 million. The benefits of expense controls were partly offset by higher logistics costs. - FY2019-Q2AdvancedAnnual report
「Selling, general and administrative expenses declined from ¥62,250 million to ¥61,442 million.」
Selling, general and administrative expenses declined by ¥808 million year on year, demonstrating the continuing review of expense spending. - FY2018AdvancedAnnual report
「Selling, general and administrative expenses declined from ¥131,752 million to ¥128,965 million.」
Selling, general and administrative expenses declined by ¥2,787 million. - FY2017AdvancedAnnual report
「Selling, general and administrative expenses, including employee benefit expenses, packing and transportation costs, rent, and rent based on sales, declined by ¥12,492 million, resulting in a ¥2,795 million year-on-year increase in operating profit.」
The company quantified the decline in selling, general and administrative expenses and explained its contribution to higher operating profit. - FY2016First statedAnnual report
「As our top priority in the first year, we pursued thorough cost reductions.」
Selling, general and administrative expenses declined by ¥18,039 million year on year and were cited as a factor driving the increase in operating profit.