Reducing Expenses and Establishing Remote Work During the COVID-19 Pandemic
First written in FY2020-Q3. 3 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2022.
3 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「Through measures to improve costs, including automating service delivery processes and using BPO centers, the gross profit margin on net sales improved by 1.1 percentage points year on year to 41.5%.」
In addition to remote work and expenditure reductions introduced as business continuity measures during the infectious disease, the company has demonstrated the benefits of business automation and BPO utilization in improving productivity and costs. - FY2022-Q1RestatedAnnual report
「In response to the spread of COVID-19, the group has promoted measures such as reducing nonessential and nonurgent expenditures and developing a remote-work environment to maintain business continuity.」
The company continues to report measures to maintain business continuity by reducing nonessential and nonurgent expenditures and developing a remote-work environment during the infectious disease. - FY2021AdvancedAnnual report
「As part of its response to the COVID-19 pandemic, the company reduced nonessential and nonurgent expenditures, used remote work and improved productivity by digitalizing operations through systems investment.」
It has been explained that the reduction of expenditures and development of remote work during the infectious disease have progressed to the digitalization of operations through systems investment and improved productivity. - FY2020AdvancedAnnual report
「As part of its response to the COVID-19 pandemic, the company reduced nonessential and nonurgent expenditures, resulting in a ¥552 million reduction in selling, general and administrative expenses from the same period of the previous year, down 9.4% year on year. As a result, the ordinary profit margin remained at a level the company considers reasonably satisfactory, at 6.7%, up 0.6 percentage points year on year.」
The company reduced expenditures amid the spread of the infectious disease, cutting selling, general and administrative expenses by ¥552 million. Its full-year results show that this response to maintain business continuity was implemented together with the development of a remote-work environment. - FY2020-Q4ReframedAnnual report
「Against this business backdrop, the group made the safety of all stakeholders and business continuity its highest priorities in response to the spread of COVID-19. It promoted measures including reducing nonessential and nonurgent expenditures, developing a remote-work environment and securing sufficient cash on hand, while continuing to expand operations in growth areas, invest to strengthen earnings capacity and pursue further group synergies in order to achieve sustained growth.」
In addition to reducing expenditures and developing a remote-work environment, the company has explicitly identified securing sufficient cash on hand as a business continuity measure. It has also continued to invest in growth areas and pursue group synergies. - FY2020-Q3First statedAnnual report
「In response to the spread of COVID-19, the company has promoted measures such as reducing nonessential and nonurgent expenditures and developing a remote-work environment to maintain business continuity.」
In response to the spread of the infectious disease, the company is reducing nonessential and nonurgent expenditures and developing a remote-work environment to maintain business continuity.