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Net Protections Holdings (7383) · InitiativeAdvanced

Improving SG&A efficiency after strengthening the sales organization

First written in FY2024-Q2. 7 of 8 entries say "Advanced", first in FY2024-Q3. Latest entry: 2026-08-14.

8entries
4years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2024-Q3 – 2026-08-142023: 120232024: 220242025: 220252026: 32026
Same theme, other companies
Cost Reduction through Operational Efficiency ImprovementsA theme 130 companies write about · 1 as a headwind · 130 as a tailwind

61 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 130 companies compared. The sentences above are computed from all 130.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-14AdvancedFinancial Results Presentation

    「SG&A expenses in the first quarter were ¥2.52 billion, and SG&A expenses as a percentage of GMV were 1.22%, down 0.07 percentage points year on year.」

    The first-quarter figures showed a year-on-year decline in SG&A expenses as a percentage of GMV, demonstrating improved cost efficiency.
  2. FY2026AdvancedAnnual report

    「Although the absolute amount of selling, general and administrative expenses increased year on year, the ratio of these expenses to GMV declined as a result of GMV growth and progress in improving operational efficiency.」

    Although the absolute amount of SG&A increased, its percentage of GMV declined because of GMV growth and operating efficiency improvements, and profit improvement continued.
  3. 2026-05-15AdvancedEarnings

    「Although the absolute amount of selling, general and administrative expenses increased year on year, the ratio of these expenses to GMV declined as a result of GMV growth and progress in improving operational efficiency.」

    SG&A expenses increased in absolute terms, but declined as a percentage of GMV, demonstrating improved cost efficiency in the full-year results.
  4. FY2026-H1AdvancedAnnual report

    「Although the absolute amount of SG&A increased year on year, its percentage of GMV declined year on year as a result of efforts to improve operating efficiency.」

    Although the absolute amount of SG&A increased, its percentage of GMV declined year on year because of operating efficiency improvements. The company showed both improved operating income and progress in cost efficiency.
  5. FY2025AdvancedAnnual report

    「In addition, as a result of promoting operating efficiency, SG&A as a percentage of GMV declined from the previous fiscal year.」

    The company explained that operating efficiency improvements following the strengthening of the sales organization reduced SG&A as a percentage of GMV and, together with improved credit quality, contributed to a return to operating profitability.
  6. FY2025-H1AdvancedAnnual report

    「SG&A and other operating expenses (non-GAAP) declined 5.0% to ¥4,311 million from ¥4,539 million in the same period of the previous year. ・SG&A declined year on year as a result of efforts to improve operating efficiency that began in the previous year.」

    The company explained that promoting operating efficiency reduced SG&A and other operating expenses by 5.0% year on year, contributing to a return to operating profitability.
  7. FY2024-Q3AdvancedAnnual report

    「The strengthening of the organization has been completed, and efficiency initiatives have continued to advance, producing the following results in the third quarter. ・SG&A and other operating expenses declined from the second quarter. ・Although GMV increased year on year, SG&A and other operating expenses declined as a percentage of GMV. ・As a result, operating income for the third quarter was ¥146 million.」

    Efficiency initiatives continued after the sales organization was strengthened. SG&A and other operating expenses declined from the second quarter, and expenses as a percentage of GMV also decreased. Operating income for the third quarter alone was ¥146 million.
  8. FY2024-Q2First statedAnnual report

    「The strengthening of the organization has been completed, and efficiency initiatives have also gradually progressed. As a result, SG&A and other operating expenses in the second quarter were ¥2,248 million, down 1.9% from the first quarter. The company will continue to promote efficiency initiatives.」

    After completing the strengthening of the sales organization, efficiency initiatives progressed, reducing SG&A and other operating expenses by 1.9% from the first quarter. The company said it would continue to promote efficiency.
Moved together

"BNPL Service Portfolio for Consumers and Businesses" moved the same way as this thread, in the same document, in 7 of its 8 moves.

777665★123456
  1. ★This thread
  2. 1BNPL Service Portfolio for Consumers and Businesses7×
  3. 2Expanding the Acquisition of Merchants and New Projects7×
  4. 3Expanding the Earnings Base7×
  5. 4Credit Risk Management through Credit Management Rules and Transaction Limits6×
  6. 5Strengthening Investment in System Development6×
  7. 6Performance trend of higher revenue but lower earnings5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Net Protections Holdings yet. It last moved in the Financial Results Presentation of 2026-08-14: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving SG&A efficiency after strengthening the sales organization | Net Protections Holdings,Inc. (7383) | Komori