Improving efficiency and profitability through a global business system
First written in FY2016. 10 of 15 entries say "Restated". Latest entry: FY2023-Q3.
22 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「In the nine-month period ended this third quarter, the company advanced strategies with collaboration partners to further evolve its business models in growth fields such as VR (virtual reality)/MR (mixed reality), AI (artificial intelligence), security and education, while working across the Group to improve productivity and the cost structure and addressing management issues by improving the quality of management decisions.」
The company continues to describe the evolution of business models in growth fields with collaboration partners, improvements in productivity and the cost structure, and improvements in the quality of management decisions as Group-wide initiatives. - FY2021-Q3RestatedAnnual report
「Meanwhile, the company continued to optimise selling, general and administrative expenses by assessing their necessity.」
The company continues to assess the necessity of expenses and optimise selling, general and administrative expenses. - FY2020-Q3RestatedAnnual report
「Meanwhile, the company continued to optimise selling, general and administrative expenses by assessing the necessity of other expenses.」
The company continues to assess the necessity of expenses and optimise selling, general and administrative expenses. - FY2019RestatedAnnual report
「The effectiveness of operating a global business system suited to the global organisation remains unchanged. However, the medium-term management plan does not envisage large-scale system investment associated with changing the core system; the company will consider the optimal system configuration and pursue its feasibility.」
The company continues to pursue a policy of maintaining the effectiveness of the global core system while considering the optimal system configuration and its feasibility without assuming large-scale investment. - FY2019-Q3AdvancedAnnual report
「In the nine-month period ended this third quarter, the company continued to optimise selling, general and administrative expenses by assessing the timing of research and development spending and the necessity of expenses such as advertising and promotion, and reducing expenses related to the global core business system. As a result, selling, general and administrative expenses as a percentage of revenue fell to 26.7%, down 6.4 percentage points from the same period of the previous year.」
The company assessed the timing and necessity of research and development and advertising and promotion spending and reduced expenses related to the global core business system, bringing selling, general and administrative expenses as a percentage of revenue to 26.7%, down 6.4 percentage points year on year. - FY2019-Q2RestatedAnnual report
「In the nine-month period ended this second quarter, the company continued to optimise selling, general and administrative expenses by assessing the timing and necessity of spending ahead of the peak sales season and reducing expenses related to the global core business system. As a result, selling, general and administrative expenses as a percentage of revenue fell to 28.1%, down 6.8 percentage points from the same period of the previous year.」
The company continues to optimise costs following the review of the system plan, including reducing expenses related to the global core business system. - FY2019-Q1AdvancedAnnual report
「In addition, from the perspective of improving operational efficiency and profitability, the company reviewed the operating global core business system, a software asset, decided to write off part of it because this would reduce selling, general and administrative expenses, and recognised a loss on disposal of property, plant and equipment of ¥142.091 million.」
Regarding the global core business system, the company progressed from a policy of reviewing the implementation plan to the specific action of deciding to write off and recognise the disposal of part of the system. - FY2018SoftenedAnnual report
「The effectiveness of operating a global business system suited to the global organisation remains unchanged. However, the medium-term management plan does not envisage large-scale system investment associated with changing the core system; the company will consider the optimal system configuration and pursue its feasibility.」
While maintaining the effectiveness of the global core system, the company is narrowing the scope of and reducing its investment appetite under the medium-term plan by no longer envisaging large-scale system investment. - FY2018-Q3RestatedAnnual report
「In light of this situation, the Group will undertake initiatives to improve the quality of management decisions, including establishing a nomination committee to set selection criteria for candidates for Group executive positions and make recommendations to the Board of Directors, in addition to initiatives to improve the cost structure, such as reviewing the implementation plan for the global core business system.」
The company continues to pursue improvements to the cost structure, including a review of the implementation plan for the global core business system. - FY2018-Q2RestatedAnnual report
「In light of this situation, the Group will undertake initiatives to improve the quality of management decisions, including establishing a nomination committee to set selection criteria for candidates for Group executive positions and make recommendations to the Board of Directors, in addition to initiatives to improve the cost structure, such as reviewing the implementation plan for the global core business system.」
The company continues to pursue improvements to the cost structure, including a review of the implementation plan for the global core business system. - FY2018-Q1RestatedAnnual report
「In light of this situation, the Group will undertake initiatives to improve the quality of management decisions, including establishing a nomination committee to set selection criteria for candidates for Group executive positions and make recommendations to the Board of Directors, in addition to initiatives to improve the cost structure, such as reviewing the implementation plan for the global core business system.」
The company is reconfirming its policy of improving the cost structure, including reviewing the implementation plan for the global core business system. - FY2017SoftenedAnnual report
「Although the new core business system, which was intended to serve as the centre of the global business system in Europe and the United States, went live in April 2016, the company has not yet achieved its initial goal of operating the system at the level originally envisaged to improve efficiency, speed and profitability.」
Although the new core business system went live, it fell short of the target level, resulting in a review of the scale and scope of its implementation and the recognition of an impairment loss of ¥4,223.720 million. - FY2017-Q2RestatedAnnual report
「As the customer base and e-commerce operations globalise rapidly, the corporate division is taking a long-term approach to restructuring the supply chain to enable flexible and rapid production planning and developing a global IT platform, while working to improve business efficiency.」
The company has reiterated its policy of pursuing the long-term restructuring of the global supply chain and development of its IT platform. - FY2017-Q1RestatedAnnual report
「As the customer base and e-commerce operations globalise rapidly, the corporate division is taking a long-term approach to restructuring the supply chain to enable flexible and rapid production planning and developing a global IT platform, while working to improve business efficiency.」
The company continues to improve business efficiency by restructuring the global supply chain and developing its IT platform. - FY2016First statedAnnual report
「By using an integrated IT infrastructure currently under development, including a global supply chain and global e-commerce, we will substantially improve efficiency and speed from production through sales and customer support, leading to improved profitability.」
The company positions investment in global IT infrastructure and a new core business system, together with supply chain restructuring, as a foundation for growth.