Reducing total costs
First written in FY2017-Q1. 6 of 9 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「In terms of profit, operating profit was ¥152 million, up 71.2% year on year, due mainly to the implementation of thorough cost reductions.」
Thorough cost reductions continue to be described as a measure to improve profitability. - FY2022RestatedAnnual report
「In terms of profit, operating profit was ¥89 million, down 47.0% year on year, due mainly to the implementation of thorough cost reductions.」
Thorough cost reductions continue to be described as a measure to secure profits. - FY2022-Q2RestatedAnnual report
「As a result of continuing to substantially reduce executive compensation and implementing thorough cost reductions, among other measures」
Continuing substantial reductions in executive compensation and thorough cost reductions remain described as measures to improve profitability. - FY2021-Q3RestatedAnnual report
「In terms of profit, as a result of strict project management and thorough reductions in selling, general and administrative expenses, among other measures」
Regarding cost reductions, it is stated that strict project management and thorough reductions in selling, general and administrative expenses were implemented in line with the previous cost-cutting policy. - FY2021-Q2Cost-cutting reappearsAnnual report
「In addition to substantially reducing executive compensation and employee bonuses and implementing thorough cost reductions」
Specific cost-cutting measures are described under the same cost-reduction theme as the former “reducing total costs,” including substantial reductions in executive compensation and employee bonuses and thorough expense reductions. - FY2018-Q1DroppedAnnual report
「Amid these conditions, the Group launched the 19 Medium-Term Management Plan in April this year, a 3-year plan covering fiscal 2017 through fiscal 2019, and has been working across the Group under 3 basic management policies: pursuing profitability and growth, creating new businesses and products, and accelerating global expansion.」
The new three basic management policies do not include “reducing total costs,” and the theme no longer appears in this filing. - FY2017-Q3RestatedAnnual report
「Reducing total costs」
Reducing total costs continues to be described as an initiative, but no reduction target or new execution method is provided. - FY2017-Q2RestatedAnnual report
「Reducing total costs」
Reducing total costs continues to be described as an initiative, but no reduction target or new execution method is provided. - FY2017-Q1First statedAnnual report
「Reducing total costs」
It is described as one of the initiatives under the medium-term management plan, but no reduction target or specific execution method is provided.