SG&A reduction through activity restrictions and operating efficiency improvements during the pandemic
First written in FY2021-Q1. 3 of 4 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥1,281 million, or 4.6%, from the previous consolidated fiscal year to ¥26,448 million, as the Company restricted activities in response to the impact of COVID-19 and pursued greater operating efficiency.」
The reduction in SG&A expenses through activity restrictions and operating efficiency improvements was updated to ¥1,281 million for the full year. - FY2021-Q3AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥1,182 million, or 5.7%, from the same quarter of the previous year to ¥19,527 million, as the Company restricted activities in response to the impact of COVID-19 and pursued greater operating efficiency.」
The reduction in SG&A expenses through activity restrictions and operating efficiency improvements was updated to ¥1,182 million for the cumulative third quarter. - FY2021-Q2AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥885 million, or 6.4%, from the same quarter of the previous year to ¥12,892 million, as the Company restricted activities in response to the impact of COVID-19 and pursued greater operating efficiency.」
The reduction in SG&A expenses through activity restrictions and operating efficiency improvements was updated to ¥885 million for the first half. - FY2021-Q1First statedAnnual report
「Selling, general and administrative expenses decreased by ¥539 million, or 7.9%, from the same quarter of the previous year to ¥6,276 million, as the Company restricted activities in response to the impact of COVID-19 and pursued greater operating efficiency.」
For the first time, the Company identified activity restrictions and operating efficiency improvements during the pandemic as specific measures and linked them to the reduction in SG&A expenses.