Gross margin improvement through the clearance of underperforming inventory
First written in FY2017-Q1. 8 of 11 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2020-Q2.
The whole theme swung hardest in 2026: 7 of 56 companies on the "Worse" side.
40 other companies' latest entry also says "Advanced".
- FY2020-Q2AdvancedAnnual report
「Supported in part by a fifth consecutive period of gross margin improvement, operating gross profit reached a record ¥34.471 billion, or 100.6% of the prior-year level.」
Gross margin improvement extended from four consecutive periods to five, and operating gross profit reached a record ¥34.471 billion. - FY2020-Q1AdvancedAnnual report
「Due in part to the fourth consecutive period of gross margin improvement, operating gross profit for the three months ended 30 June reached a record ¥17.449 billion, or 100.6% of the prior-year level.」
Gross margins improved for the fourth consecutive period, and operating gross profit for the three months ended 30 June reached a record ¥17.449 billion. - FY2019AdvancedAnnual report
「On the earnings front, gross profit increased to ¥51.546 billion, or 100.2% of the prior-year level, as gross margins improved for the fourth consecutive period.」
Gross margins improved for the fourth consecutive period, and gross profit was 100.2% of the prior-year level. - FY2019-Q3AdvancedAnnual report
「Gross profit increased to ¥37.383 billion, or 100.2% of the prior-year level, due to improved gross margins.」
For the nine months, improved gross margins resulted in gross profit of 100.2% of the prior-year level. - FY2019-Q2AdvancedAnnual report
「Operating gross profit exceeded the prior-year level at ¥34.265 billion, or 100.2%, as gross margins improved in all three divisions: apparel, food, and home and leisure.」
Gross margins improved in all three divisions, apparel, food, and home and leisure, and operating gross profit was 100.2% of the prior-year level. - FY2019-Q1AdvancedAnnual report
「The core food division continued to post revenue growth for the eighth consecutive period, while the home and leisure division did so for the third consecutive period. Improved gross margins in both divisions enabled operating gross profit to exceed the prior-year level at ¥17.353 billion, or 100.1%.」
Both the food and home and leisure divisions recorded revenue growth and improved gross margins, resulting in operating gross profit of 100.1% of the prior-year level. - FY2018AdvancedAnnual report
「The main factors behind the increase in earnings were higher gross profit accompanying revenue growth, a third consecutive period of gross margin improvement, control of selling, general and administrative expenses, and lower income taxes and other taxes.」
Gross margin improved for the third consecutive period, and control of selling, general and administrative expenses also contributed to higher earnings. - FY2017RestatedAnnual report
「Growth in sales and improved margins in higher-margin divisions, driven by the conversion of sales floors to specialty stores, contributed to the overall improvement.」
The company-wide gross margin improved by 0.5 percentage points year on year, driven by the conversion to specialty stores and sales growth in higher-margin divisions. - FY2017-Q3AdvancedAnnual report
「Gross margin exceeded the prior-year level in all three divisions: apparel, food, and home and leisure. Company-wide, it improved by 0.5 percentage points year on year.」
Gross margins exceeded the prior-year level in all three divisions, with the company-wide improvement amounting to 0.5 percentage points year on year. - FY2017-Q2RestatedAnnual report
「Gross margin exceeded the prior-year level in all three divisions: apparel, food, and home and leisure. Company-wide, it improved by 0.4 percentage points year on year.」
Although no specific explanation was provided for the clearance of underperforming inventory, gross margins exceeded the prior-year level in all three divisions and improved by 0.4 percentage points company-wide. - FY2017-Q1First statedAnnual report
「The clearance of underperforming inventory progressed through aggressive promotional activities and other measures, improving the gross margin by 0.4 percentage points year on year on a company-wide basis.」
Underperforming inventory was cleared through promotional activities, improving the company-wide gross margin by 0.4 percentage points year on year.