Review of the Cost Structure and Strengthening of the Financial Foundation
First written in FY2020. 3 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2023.
The whole theme swung hardest in 2025: 1 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「In addition to these measures, we achieved rationalization exceeding the initial target by reducing store rents and implementing more efficient staffing, among other measures to cut fixed costs across the company.」
The company stated that it had achieved rationalization exceeding the initial target through fixed-cost reductions, more efficient staffing and the transfer of head office functions, among other measures. - FY2022AdvancedAnnual report
「Since 2020, we have been optimizing staffing through the consolidation and closure of unprofitable stores and the relocation of smaller stores. As a result, productivity at directly operated stores rose significantly to 112.6% of the level in the same period of the previous year, and profit margins improved substantially.」
As a result of consolidating and closing unprofitable stores, relocating smaller stores and optimizing staffing, productivity at directly operated stores reached 112.6% of the level in the same period of the previous year, providing a numerical indication of the effect of the cost structure reforms. - FY2022-Q1AdvancedAnnual report
「In terms of profitability, the cost structure reforms undertaken since the previous fiscal year proved effective, resulting in operating profit of ¥6.548 million, compared with an operating loss of ¥724.894 million in the same period of the previous year,」
The company stated that the cost structure reforms it had undertaken since the previous fiscal year had been effective, with operating profit turning from a loss of ¥724.894 million in the same period of the previous year to a profit of ¥6.548 million. - FY2021AdvancedAnnual report
「At both stores and head office, we are working to optimize and improve the efficiency of business processes and enhance operating productivity by transferring store administrative work to head office.」
For the cost structure reforms, the company specified concrete measures including changing store administrative work from stores to head office and optimizing and improving the efficiency of business processes. - FY2021-Q3Cost rationalization identified as a key execution item in the new medium-term management planAnnual report
「To achieve further growth, our group changed to a 3-division organizational structure in January 2020 under the new 3-year medium-term management plan launched in the fiscal year ended March 2021. We assigned clear authority and responsibility to each division and strengthened our organizational foundation for restoring performance by making the following 3 areas priority execution items: expanding the customer base and providing customer-first services, creating high-performance products, and thorough cost rationalization,」
In addition to the previous policy of an early review of the cost structure, the company identified thorough cost rationalization as a key execution item in the new medium-term management plan, giving it greater emphasis in efforts to restore performance. - FY2021-Q2Newly specified the establishment of a cross-channel customer referral systemAnnual report
「Amid these conditions, during the fiscal year ending March 2021, the Group aims to promptly review its cost structure and establish a customer referral system that transcends channel boundaries by promoting strategic business development that makes effective use of the Group's management resources.」
In addition to an early review of the cost structure, the company stated that its policy for the fiscal year ending March 2021 was to build a system that uses management resources to direct customers across sales channels. - FY2020First statedAnnual report
「Amid major changes in the market environment, the Group will work during the fiscal year ending March 2021 to promptly review its cost structure and promote strategic business development that makes effective use of the Group's management resources.」
As new priorities for the fiscal year ending March 2021, the Company identified strengthening its financial base through greater visibility into business activities, company-wide cost management, and the optimization and efficiency improvement of business processes.