Monthly cost savings through structural reform and the reorganization of overseas locations
First written in FY2023-Q2. 5 of 10 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-05-15.
0 other companies' latest entry also says "Cited as achieved".
- 2026-05-15Cited as achievedEarnings
「As a result, at continuing consolidated subsidiaries, selling, general and administrative expenses decreased by ¥117,040 thousand year on year based on a comparison for the first quarter.」
The year-on-year decrease in selling, general and administrative expenses was disclosed as an effect of structural reforms and cost reductions. - FY2025AchievedAnnual report
「As a result, SG&A expenses at consolidated subsidiaries continuing their businesses decreased by ¥3,674,248 thousand year on year in the comparison for the current consolidated fiscal year.」
After the 2024 structural reforms, SG&A expenses decreased by ¥3,674,248 thousand year on year. The measurable full-year effect of cost-reduction measures was confirmed, and additional reductions were planned. - 2026-02-27Cited as achievedEarnings
「By 31 December 2024, we had reduced office space and reviewed IT costs to reduce fixed costs, along with group-wide headcount reductions, including a substantial downsizing of the EMEA business. As a result, at continuing consolidated subsidiaries, selling, general and administrative expenses decreased by ¥3,674,248 thousand year on year in the consolidated fiscal year.」
The completed structural reforms and their effect, a year-on-year reduction of ¥3,674,248 thousand in selling, general and administrative expenses, were cited as actual results. - FY2025-H1AchievedAnnual report
「As announced in the notice dated 31 May 2024 regarding the rationalization of personnel and the policy decision to dissolve consolidated subsidiaries, by 31 December 2024 we had reduced the EMEA business substantially, reduced headcount across the Group, downsized offices and reviewed IT costs to reduce fixed costs. As a result, SG&A expenses at consolidated subsidiaries continuing their businesses decreased by ¥895,180 thousand year on year in the comparison for the current interim consolidated accounting period.」
The effects of EMEA downsizing, headcount reductions, office downsizing and IT-cost reviews implemented by 31 December 2024 reduced SG&A expenses by ¥895,180 thousand year on year. The 2024 structural-reform and cost-reduction phase was completed and measurable effects were disclosed. - FY2024AdvancedAnnual report
「As a result of these initiatives, we achieved operating profitability excluding structural-reform costs and other items in all regions during the fourth quarter of the current consolidated accounting period.」
Site withdrawals and workforce reductions were advanced mainly in EMEA, APAC shifted toward development and AMER worked with payment-solution companies while reducing excess personnel. Operating profit excluding structural-reform costs and other items turned positive in all regions in the fourth quarter. - FY2024-H1AdvancedAnnual report
「These structural reforms are expected to reduce fixed costs by approximately ¥820 million per quarter from the third quarter of the current consolidated accounting period. AMER made significant progress toward operating profitability across all regions in the fourth quarter, including achieving monthly profitability in June under its post-reform cost structure.」
Headcount reductions totaling 230 people were implemented mainly in EMEA and AMER, with quarterly fixed-cost savings of approximately ¥820 million expected. AMER achieved monthly profitability in June, with profitability across all regions targeted for the fourth quarter. - FY2024-Q1AdvancedAnnual report
「Profit improved significantly year on year because we continued to implement strict cost controls from the third quarter of the previous fiscal year.」
Continued cost controls in APAC resulted in operating profit of ¥118,599 thousand, up 74.8% year on year, demonstrating the effect of structural reform and cost optimization. In EMEA, losses widened because of the weaker yen and other factors. - FY2023AdvancedAnnual report
「The effects of the structural reforms implemented in the second half contributed to a certain extent, and the operating loss excluding structural-reform costs has gradually recovered from the second quarter.」
Although structural-reform costs were recognized in full, the effects of reforms implemented in the second half contributed to a gradual quarterly recovery in the operating loss excluding those costs. - FY2023-Q3AdvancedAnnual report
「Regarding operating profit in EMEA, the completion of the structural reforms implemented during the third quarter was delayed because the impact on projects was taken into account. Accordingly, the effect of headcount reductions during the period was limited, while structural-reform costs were recognized in full during the period and significantly affected the operating loss.」
Structural reforms were implemented in each region and ¥627,424 thousand of structural-reform costs were recognized in full. In EMEA, completion of headcount reductions was delayed to take project impacts into account, limiting the effect. - FY2023-Q2First statedAnnual report
「① Reduction target: reduce costs by approximately ¥100 million per month from September 2023 during the third and fourth quarters of the fiscal year ending December 2023 ② Initiatives: reorganize overseas sites through withdrawal or downsizing, concentrate on priority areas at overseas sites, and optimize Group-wide selling, general and administrative expenses ③ Estimated structural-reform costs: approximately ¥625 million」
The Company targeted monthly cost reductions of approximately ¥100 million from September 2023 and implemented structural reforms during the third and fourth quarters of the fiscal year ending December 2023, including withdrawal from or downsizing of overseas sites, concentration on priority areas and SG&A optimization. Reform costs were estimated at approximately ¥625 million.