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Echo Trading (7427) · InitiativeRestated

More Efficient Inventory and Logistics, Appropriate Inventory Management, and SG&A Reduction

First written in FY2017-Q1. 18 of 35 entries say "Restated". Latest entry: 2026-10-05.

35entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2020-Q3AdvancedFY2022-Q1 – FY20252016: 220162017: 420172018: 420182019: 420192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 12026
Same theme, other companies
Profitability improvement through expense and inventory managementA theme 7 companies write about · 0 as a headwind · 7 as a tailwind

2 other companies' latest entry also says "Restated".

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.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-05RestatedRevision of earnings forecasts

    「Taking into account the effects of reducing selling, general and administrative expenses, mainly through company-wide cost-cutting initiatives,」

    The Company continued to cite company-wide cost-cutting initiatives and their effect on reducing selling, general and administrative expenses as one of the premises for maintaining its full-year earnings forecasts unchanged.
  2. FY2026-H1RestatedAnnual report

    「In the wholesale pet food and pet supplies business, the Company generated stable profits by expanding its top line and rigorously managing individual items,」

    The Company continued generating stable profits by expanding its top line and rigorously managing individual items.
  3. FY2025AdvancedAnnual report

    「In the wholesale pet food and pet supplies business, the Company actively pursued stable profit generation through rigorous item-level management, while containing logistics costs through joint deliveries and simultaneous shipping to multiple stores using tablets, and reducing administrative workload with AI-OCR.」

    In addition to existing item-level management and logistics-efficiency measures, the Company implemented joint deliveries, simultaneous shipping to multiple stores using tablets, and reductions in administrative workload through AI-OCR.
  4. FY2025-Q1AdvancedAnnual report

    「In the wholesale pet food and pet supplies business, the Company actively pursued stable profit generation through rigorous item-level management, while containing logistics costs by consolidating warehouses to reduce storage expenses and using tablets to improve the efficiency of shipping operations.」

    In addition to existing item-level management and logistics-efficiency measures, the statement identifies warehouse consolidation to reduce storage expenses and tablet-based improvements to shipping operations as specific initiatives.
  5. FY2024AdvancedAnnual report

    「Operating profit was ¥1.719 billion, up 100.4% from the previous fiscal year, as the Company continued activities aimed at containing logistics costs, including further strengthening item-level management to improve gross profit, reviewing delivery routes, and operating with appropriate inventory levels by reducing dead and slow-moving inventory.」

    The statement reports full-year operating profit of ¥1,719.992 million, up 100.4% from the previous fiscal year, while continuing item-level management, delivery-route reviews and operations with appropriate inventory levels through reductions in dead and slow-moving inventory.
  6. FY2024-Q3AdvancedAnnual report

    「Operating profit was ¥1.405 billion, up 104.1% year on year, as the Company continued activities aimed at containing logistics costs, including further strengthening item-level management to improve gross profit, reviewing delivery routes, and operating with appropriate inventory levels by reducing dead and slow-moving inventory.」

    The statement reports cumulative third-quarter operating profit of ¥1.405 billion, up 104.1% year on year, while continuing item-level management, delivery-route reviews and operations with appropriate inventory levels through reductions in dead and slow-moving inventory.
  7. FY2024-Q2AdvancedAnnual report

    「Operating profit was ¥1.044 billion, up 156.8% year on year, reflecting profit generation through rigorous item-level management, efforts to contain rising logistics costs, delivery-route reviews, operations with appropriate inventory levels through rigorous inventory controls, and further efficiency gains.」

    The statement reports operating profit of ¥1,044.234 million, up 156.8% year on year, following item-level management, delivery-route reviews, operations with appropriate inventory levels and efficiency improvements.
  8. FY2024-Q1AdvancedAnnual report

    「As a result, the Group's net sales for the cumulative first quarter of the fiscal year were ¥26.615 billion, up 14.3% year on year. Operating profit was ¥453 million, up 417.1% year on year, reflecting profit generation through rigorous item-level management, efforts to contain rising logistics costs, delivery-route reviews, appropriate inventory management through rigorous inventory controls, and further efficiency gains.」

    The statement reports operating profit of ¥453 million, up 417.1% year on year, following measures including item-level management, delivery-route reviews and operations with appropriate inventory levels.
  9. FY2023AdvancedAnnual report

    「Under these circumstances, in the wholesale pet food and pet supplies business, the Company pursued profit improvement through rigorous item-level management led by the Sales Division, while implementing lower-cost operations in logistics by reviewing the operation of logistics centers and delivery processes by area.」

    In addition to profit improvement through item-level management, the Company reviewed logistics center operations and delivery processes by area, implementing measures to establish lower-cost operations.
  10. FY2023-Q3AdvancedAnnual report

    「Operating profit was ¥688 million, up 147.8% year on year, reflecting improvements in gross profit through rigorous item-level management and more efficient operations aimed at improving productivity.」

    The statement describes ongoing improvements in gross profit through item-level management and productivity gains from more efficient operations, reporting operating profit of ¥688 million, up 147.8% year on year.
  11. FY2023-Q2AdvancedAnnual report

    「As a result, the Group's net sales for the cumulative second quarter of the fiscal year were ¥47.08 billion. Operating profit was ¥406 million, up 41.7% year on year, reflecting improvements in gross profit through rigorous item-level management and more efficient operations aimed at improving productivity.」

    The statement describes improvements in gross profit through item-level management and productivity gains from more efficient operations, reporting operating profit of ¥406 million, up 41.7% year on year.
  12. FY2023-Q1AdvancedAnnual report

    「As a result, the group's net sales for the first quarter of the current consolidated fiscal year amounted to ¥23,286 million. Operating income was ¥87 million, up 11.2% year on year, due to efforts to contain increases in logistics costs, optimal inventory management through thorough inventory control and further efficiency improvements.」

    The company reports that, despite higher logistics and other costs, optimal inventory management and efficiency improvements improved operating income to ¥87.782 million, up 11.2% year on year.
  13. FY2022AdvancedAnnual report

    「This was also attributable to maintaining optimal inventory through individual-item management.」

    The company states that maintaining optimal inventory through individual-item management contributed to higher gross profit and that, as a result of operational efficiency improvements, selling, general and administrative expenses were held below the rate of sales growth, resulting in operating income of ¥466 million, up 47.7% year on year.
  14. FY2022-Q3AdvancedAnnual report

    「Although selling, general and administrative expenses increased due to higher variable costs such as logistics costs, operating income was ¥277 million, up 40.9% year on year, due to optimal inventory management through thorough inventory control and further efficiency improvements.」

    The company reports that, despite higher variable costs such as logistics costs, optimal inventory management and further efficiency improvements improved operating income to ¥277.914 million, up 40.9% year on year.
  15. FY2022-Q2AdvancedAnnual report

    「Although selling, general and administrative expenses increased due to higher variable costs such as logistics costs, operating income was ¥286 million, up 60.7% year on year, due to optimal inventory management through thorough inventory control and further efficiency improvements.」

    The company reports that, despite higher logistics and other costs, optimal inventory management and further efficiency improvements improved operating income to ¥286.961 million, up 60.7% year on year.
  16. FY2022-Q1AdvancedAnnual report

    「Although selling, general and administrative expenses increased due to higher variable costs such as logistics costs, operating income was ¥78 million, compared with an operating loss of ¥21 million in the same period of the previous year, due to optimal inventory management through thorough inventory control and further efficiency improvements.」

    The company reports that, despite higher logistics and other costs, optimal inventory management and further efficiency improvements resulted in a shift from an operating loss in the same period of the previous year to operating income of ¥78.952 million.
  17. FY2021-Q3RestatedAnnual report

    「The company is prioritizing profit improvement through various measures, including rapidly implementing proposals tailored to each customer's business environment, such as responses to the adoption of a new lifestyle, as well as low-cost operations across all areas, not only logistics.」

    The company continues profit-improvement measures that extend low-cost operations beyond logistics to all areas.
  18. FY2021-Q2RestatedAnnual report

    「The company is prioritizing profit improvement through various measures, including rapidly implementing proposals tailored to each customer's business environment, such as responses to the adoption of a new lifestyle, as well as low-cost operations across all areas, not only logistics.」

    The company continues profit-improvement measures that extend low-cost operations beyond logistics to all areas.
  19. FY2021-Q1RaisedAnnual report

    「The company is prioritizing profit improvement through various measures, including rapidly implementing proposals tailored to each customer's business environment, such as preventing the spread of COVID-19 and responding to states of emergency, as well as low-cost operations across all areas, not only logistics.」

    The company explicitly states that low-cost operations will not be limited to logistics but will extend across all areas, expanding the scope of profit-improvement measures, including responses to COVID-19.
  20. FY2020AdvancedAnnual report

    「Although the company recognized an allowance for doubtful accounts after determining that the recoverability of trade receivables from failed customers was uncertain, selling, general and administrative expenses came to ¥9,513 million, down 0.2% year on year, due in part to the thorough implementation of low-cost operations,」

    The company reports that, despite recognizing an allowance for doubtful accounts, it reduced selling, general and administrative expenses to ¥9,513.806 million, down 0.2% year on year, through the thorough implementation of low-cost operations.
  21. FY2020-Q3RestatedAnnual report

    「In inventory management, the company continues to improve inventory turnover through individual-item management, while in logistics it continues to reduce logistics costs through low-cost operations.」

    The company continues to improve inventory turnover through individual-item management and reduce logistics costs through low-cost operations.
  22. FY2020-Q2RestatedAnnual report

    「In inventory management, the company continues to improve inventory turnover through individual-item management, while in logistics it continues to reduce logistics costs through low-cost operations.」

    The company continues to improve inventory turnover through individual-item management and reduce logistics costs through low-cost operations.
  23. FY2020-Q1RestatedAnnual report

    「In inventory management, the company continues to improve inventory turnover through individual-item management, while in logistics it continues to reduce logistics costs through low-cost operations.」

    The company continues to improve inventory turnover through individual-item management and reduce logistics costs through low-cost operations.
  24. FY2019RestatedAnnual report

    「In inventory management, the company continues to improve inventory turnover through individual-item management, while in logistics it continues to reduce logistics costs through low-cost operations.」

    The company continues to improve inventory turnover through individual-item management and reduce logistics costs through low-cost operations.
  25. FY2019-Q3RestatedAnnual report

    「In inventory management, the company continues to improve inventory turnover through individual-item management, while in logistics it continues to reduce logistics costs through low-cost operations.」

    The company continues to improve inventory turnover through individual-item management and reduce logistics costs through low-cost operations.
  26. FY2019-Q2RestatedAnnual report

    「In inventory management, the company continues to improve inventory turnover through individual-item management, while in logistics it continues to reduce logistics costs through low-cost operations.」

    The company continues to improve inventory turnover through individual-item management and reduce logistics costs through low-cost operations.
  27. FY2019-Q1RestatedAnnual report

    「In inventory management, the company is working to improve inventory turnover through individual-item management, while in logistics it is working to reduce logistics costs through low-cost operations.」

    The company continues to improve inventory turnover through individual-item management and reduce logistics costs through low-cost operations.
  28. FY2018RestatedAnnual report

    「To generate internal profits, the company will work to eliminate waste, unevenness and overburden through a thorough 5S campaign (sort, set in order, shine, standardize and sustain) aimed at improving operational effectiveness and efficiency, and will manage optimal inventory and improve gross profit by individual item through stronger individual-item management. In response to rising logistics costs, it will also increase the number of logistics bases introducing DAS (Digital Assort System) to improve shipping efficiency and reorganize logistics bases for low-cost operations.」

    In addition to 5S, optimal inventory and gross-profit improvement by individual item, the company continues to implement and specify measures including increasing the number of bases introducing DAS and reorganizing logistics bases.
  29. FY2018-Q3RestatedAnnual report

    「In inventory management, the company is focusing on improving inventory turnover and optimizing the value of inventory.」

    The company continues to improve inventory turnover and optimize the value of inventory as inventory-management measures.
  30. FY2018-Q2RestatedAnnual report

    「In inventory management, the company is focusing on improving inventory turnover and optimizing the value of inventory.」

    While continuing inventory management and optimal inventory management, the company specifies improving inventory turnover and optimizing the value of inventory as management measures. No specific inventory-turnover figure or achievement is indicated.
  31. FY2018-Q1RestatedAnnual report

    「The company is also promoting a thorough 5S campaign (sort, set in order, shine, standardize and sustain) in inventory management and logistics, and continues to improve operational efficiency.」

    The company continues to improve efficiency in inventory management and logistics through its thorough 5S campaign.
  32. FY2017RestatedAnnual report

    「As in the previous year, the company strengthened its product development structure as part of its growth strategy and carried out measures including the reorganization of logistics bases to expand sales and achieve low-cost operations. To generate internal profits, it has worked to eliminate waste, unevenness and overburden through a thorough 5S campaign (sort, set in order, shine, standardize and sustain) aimed at improving operational efficiency, while managing optimal inventory and gross profit by individual item as part of stronger individual-item management.」

    In addition to inventory and logistics efficiency, optimal inventory management and SG&A reduction, the company continues to implement and specify measures including logistics-base reorganization, 5S and gross-profit management by individual item.
  33. FY2017-Q3RestatedAnnual report

    「In inventory management and logistics, the company continues to improve operational efficiency.」

    The company continues to improve inventory management and logistics efficiency. Its performance commentary also states that operating income was recorded as a result of optimal inventory management and reductions in selling, general and administrative expenses.
  34. FY2017-Q2RestatedAnnual report

    「Amid declining unit sales prices for pet food and pet supplies due to consumers' preference for low prices, operating income was ¥156 million, compared with an operating loss of ¥46 million in the same period of the previous year, following efforts to maintain optimal inventory through thorough inventory control and reduce selling, general and administrative expenses.」

    The company states that continued optimal inventory management and reductions in selling, general and administrative expenses led to a return to operating profitability.
  35. FY2017-Q1First statedAnnual report

    「In inventory management and logistics, the company continues to improve operational efficiency. It is also promoting optimal inventory management through thorough inventory control and reducing selling, general and administrative expenses.」

    The company identifies improving inventory management and logistics efficiency, optimal inventory management and reducing selling, general and administrative expenses as measures.
Moved together

"¥10 interim dividend per share" moved the same way as this thread, in the same document, in 14 of its 35 moves.

1494433★123456
  1. ★This thread
  2. 1¥10 interim dividend per share14×
  3. 2Growth Strategy and the Generation of Internal Profits9×
  4. 3209 stores managed by the Store Development Business4×
  5. 4Enhancement of Personnel, Education and Training Systems and Development of Next-Generation Management Talent4×
  6. 5Development and Sales Expansion of High Value-Added Products3×
  7. 6Nationwide Horizontal Expansion of the Store Development Business Model3×

★ 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 Echo Trading yet. It last moved in the Revision of earnings forecasts of 2026-10-05: "Restated".
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More Efficient Inventory and Logistics, Appropriate Inventory Management, and SG&A Reduction | ECHO TRADING CO.,LTD. (7427) | Komori