SG&A cost controls in response to deteriorating business performance
First written in FY2021-Q2. 2 of 3 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2021.
The whole theme swung hardest in 2025: 2 of 13 companies on the "Worse" side.
11 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「Selling, general and administrative expenses were ¥815 million, down 11.7% year on year, due to lower personnel expenses and strict cost control.」
Selling, general and administrative expenses declined 11.7% year on year due to lower personnel expenses and strict control of selling, general and administrative expenses. - FY2021-Q3AdvancedAnnual report
「Selling, general and administrative expenses declined from the same period of the previous year because they were appropriately controlled in line with performance.」
It records the specific result that expenses declined year on year through control of selling, general and administrative expenses in line with performance. - FY2021-Q2First statedAnnual report
「Selling, general and administrative expenses decreased from the same period of the previous year due to reductions in executive compensation associated with deteriorating performance, controls on recruitment expenses and reductions in entertainment expenses, despite additional costs related to expanding office space and other expenses for which work had already begun in the previous fiscal year.」
It states that, in response to deteriorating performance, the Company reduced executive compensation, restrained hiring expenses and cut entertainment expenses, resulting in a year-on-year decline in selling, general and administrative expenses despite additional costs related to expanding office space and other items.