Containing Expenses Through More Efficient Advertising, Logistics and Labor Costs
First written in FY2016-Q3. 12 of 31 entries say "Restated". Latest entry: 2026-10-15.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- FY2026-H1Keeping SG&A growth modest despite higher costsAnnual report
「Although upward cost pressures continued, including higher labor costs primarily due to increases in the minimum wage and higher logistics costs accompanying price increases, the Company selectively made investments to strengthen sales at existing stores and upgrade systems, while continuing to reinforce expense management. As a result, selling, general and administrative expenses remained only slightly above the previous year’s level.」
Amid continued increases in the minimum wage, logistics costs and investment activity, the Company strengthened expense management and held selling, general and administrative expenses to a level slightly above the previous year. - FY2025-H1RestatedAnnual report
「The Company continued necessary investments, mainly in renovations of existing stores, new store openings and securing specialized personnel, while working to reduce expenses. However, selling, general and administrative expenses increased from the previous fiscal year due to higher selling expenses accompanying increased sales, as well as rising costs including prices and labor costs.」
Although the Company continued expense reductions and growth investments, selling, general and administrative expenses increased from the previous fiscal year due to higher selling expenses and rising costs, including prices and labor costs. - FY2024-Q3SG&A expenses continued to increase amid rising costsAnnual report
「The Company worked to reduce expenses while continuing investments for growth, but selling, general and administrative expenses increased from the previous fiscal year as the effects of rising costs, including prices and logistics costs, became evident.」
While continuing expense reductions and growth investments, the Company saw the effects of rising costs, including prices and logistics costs, become evident, and selling, general and administrative expenses increased from the previous fiscal year. - FY2024-Q1SG&A expenses increased due to rising costsAnnual report
「While continuing investments for growth, the Company worked to reduce expenses. However, the effects of rising costs, including prices and labor costs, became evident, resulting in selling, general and administrative expenses increasing from the previous fiscal year.」
While continuing growth investments and expense reductions, the Company saw the effects of rising costs, including prices and labor costs, become evident, and selling, general and administrative expenses increased from the previous fiscal year. - FY2023-Q2Expense reduction efforts continued amid rising costsAnnual report
「Although affected by rising costs, including utilities at physical stores, as well as the cost burden associated with opening new stores and major renovations of existing stores, the Company worked to reduce expenses.」
The Company continued expense reduction efforts amid rising costs for new store openings, major renovations of existing stores, utilities and other items. - FY2023-Q1RestatedAnnual report
「While anticipating changes in market trends, including future cost increases, the Company worked to reduce expenses while continuing to make investments for growth.」
The Company continues to pursue expense reductions in anticipation of future cost increases while making growth investments. - FY2022AdvancedAnnual report
「Selling, general and administrative expenses totaled ¥19,590 million in the fiscal year under review.」
The Company brought forward growth investments while reviewing budget spending priorities, and selling, general and administrative expenses totaled ¥19,590 million. - FY2022-Q2RestatedAnnual report
「Although the company periodically reviewed budget priorities in response to market fluctuations caused by COVID-19 variants and overseas conditions, it focused on investments for future growth, including renovations of existing stores.」
The Company is continuing to make growth investments while reviewing budget spending priorities in response to fluctuating market trends. - FY2022-Q1RestatedAnnual report
「While continuing investment activities for future growth, the Company has periodically reviewed budget spending priorities in response to fluctuating market trends amid the COVID-19 pandemic, focusing on its response to the state of emergency declared in September and other developments.」
The Company indicates a policy of reviewing budget spending priorities in response to market trends, including the state of emergency declaration, while continuing growth investments. - FY2021Selling, general and administrative expenses increased slightly due to cautious budget execution and store renovation investmentsAnnual report
「Selling, general and administrative expenses were 101.2% of the previous fiscal year's level. Although the company exercised its budget cautiously in response to market fluctuations caused by the COVID-19 pandemic, it actively renovated existing stores to improve future earning power.」
While executing budgets cautiously, the Company’s investments in renovations of existing stores and other initiatives brought selling, general and administrative expenses to 101.2% of the previous fiscal year’s level. - FY2021-Q3RestatedAnnual report
「Selling, general and administrative expenses decreased from the same period of the previous year, reflecting cautious budget execution in response to market trends that fluctuated due to the COVID-19 pandemic, among other factors.」
The Company reiterates its explanation that cautious budget execution in response to market trends led to a year-on-year decrease in selling, general and administrative expenses. - FY2021-Q2AdvancedAnnual report
「Selling, general and administrative expenses decreased from the same period of the previous year, reflecting cautious budget execution in response to market trends that fluctuated due to the COVID-19 pandemic, among other factors.」
Selling, general and administrative expenses decreased year on year through cautious budget execution in response to market trends. - FY2021-Q1AdvancedAnnual report
「Selling, general and administrative expenses decreased from the same period of the previous year, reflecting cautious budget execution in response to market trends that fluctuated due to the COVID-19 pandemic, among other factors.」
Selling, general and administrative expenses decreased year on year through cautious budget execution in response to market trends. - FY2020AdvancedAnnual report
「In the fiscal year under review, selling, general and administrative expenses were subject to broad cost controls, mainly in promotional expenses, in response to the decline in revenue caused by the mild winter, low snowfall and the impact of COVID-19. As a result, they totaled ¥19,990 million, down 8.7% from the previous fiscal year.」
Broad cost controls, mainly in promotional expenses, brought selling, general and administrative expenses to ¥19,990 million, down 8.7% from the previous fiscal year. - FY2020-Q2Expense controls failed to offset the decline in gross profitAnnual report
「Although selling, general and administrative expenses were controlled overall, this was insufficient to offset the decline in gross profit.」
The Company states that, although selling, general and administrative expenses were controlled overall, this was insufficient to offset the decline in gross profit. - FY2020-Q1RestatedAnnual report
「Selling, general and administrative expenses were broadly in line with the plan.」
Selling, general and administrative expenses continue to be managed broadly in line with the plan. - FY2019-Q3RestatedAnnual report
「Selling, general and administrative expenses were broadly in line with the plan.」
Selling, general and administrative expenses continue to be managed within the plan. - FY2019-Q2SoftenedAnnual report
「Selling, general and administrative expenses were broadly in line with the plan.」
Whereas the previous description stated that expenses were reduced substantially against the initial plan, this quarter’s description states that they were broadly in line with the plan. - FY2019-Q1RestatedAnnual report
「Selling, general and administrative expenses remained within the plan.」
The Company explained that selling, general and administrative expenses remained within the plan, maintaining its expense management policy. - FY2018AdvancedAnnual report
「Although related expenses increased with the growth of online sales, selling, general and administrative expenses decreased from the previous fiscal year due to changes in consolidated subsidiaries and the effects of planned store closures carried out in the previous fiscal year.」
Although expenses related to online sales increased, selling, general and administrative expenses decreased from ¥24,424 million to ¥22,539 million due to changes in consolidated subsidiaries and planned store closures. - FY2018-Q3RestatedAnnual report
「Although related expenses increased with the growth of online sales, selling, general and administrative expenses decreased substantially from the same period of the previous year, due to changes in consolidated subsidiaries and the effects of planned store closures carried out in the previous fiscal year.」
Despite higher expenses related to online sales, selling, general and administrative expenses fell substantially year on year due to changes in consolidated subsidiaries and planned store closures. - FY2018-Q2AdvancedAnnual report
「Selling, general and administrative expenses decreased substantially from the same period of the previous year, due to changes in consolidated subsidiaries and the effects of planned store closures carried out in the previous fiscal year.」
Selling, general and administrative expenses fell substantially year on year due to changes in consolidated subsidiaries and planned store closures. - FY2018-Q1RestatedAnnual report
「For selling, general and administrative expenses, the Company reviewed store operating costs overall and reduced them substantially compared with the initial plan.」
The Company reiterates its expense control through a review of store operating costs overall. - FY2017AdvancedAnnual report
「Selling, general and administrative expenses were ¥24,424 million, down 2.4% from the previous fiscal year, following a review of promotional expenses and store operating costs overall. They were equivalent to 33.5% of net sales.」
Following a review of promotional expenses and store operating costs overall, selling, general and administrative expenses were held to ¥24,424 million, down 2.4% year on year. - FY2017-Q3RestatedAnnual report
「For selling, general and administrative expenses, the Company reviewed promotional expenses and store operating costs overall and reduced them substantially compared with the initial plan.」
The Company reiterates its expense control through a review of promotional expenses and store operating costs overall. - FY2017-Q2RestatedAnnual report
「For selling, general and administrative expenses, the Company reviewed promotional expenses and store operating costs overall and reduced them substantially compared with the initial plan.」
The Company reiterates its expense control through a review of promotional expenses and store operating costs overall. - FY2017-Q1AdvancedAnnual report
「For selling, general and administrative expenses, the Company reviewed promotional expenses and store operating costs overall, in addition to one-time costs associated with new store openings, and reduced them substantially compared with the initial plan.」
The Company describes specific progress, stating that it reviewed promotional expenses and store operating costs overall and reduced them substantially compared with the initial plan. - FY2016-Q3First statedAnnual report
「Meanwhile, the Company seeks to improve profitability and increase cash flow by controlling expenses through more efficient use of advertising, logistics and labor costs.」
The Company outlines specific measures to control expenses through more efficient management of major cost items.