Cutbacks in Personnel Expenses, Rent and Investment Amid the Pandemic
First written in FY2021-Q1. 5 of 9 entries say "Advanced", first in FY2021-Q3. Latest entry: 2026-08-14.
5 other companies' latest entry also says "Advanced".
- 2026-08-14AdvancedEarnings
「As a result of reviewing the head-office organization and improving operational efficiency, fixed-cost reductions are progressing above the initial plan.」
The company reports that fixed-cost reductions are ahead of the initial plan as a result of reviewing the head-office organization and improving operational efficiency. - FY2026RaisedAnnual report
「We will work to reduce fixed costs by ¥80 million annually through a fundamental review of costs. Rather than limiting efforts to one-off cost reductions, we will improve the efficiency of our business processes themselves and build a sustainable organization.」
Cost-cutting measures are being translated into a specific target of reducing fixed costs by ¥80 million annually and structural reductions through more efficient business processes. - FY2025RestatedAnnual report
「Review of administrative costs through structural reform and strengthening of corporate governance」
In light of intensifying competition, labor shortages and rising logistics expenses, the company continues to identify the review of administrative costs through structural reform and improved management efficiency as key challenges. Meanwhile, selling, general and administrative expenses increased 2.6% year on year. - FY2023AdvancedAnnual report
「We will continue working to reduce administrative costs by maintaining appropriate expense controls and centralizing business functions at headquarters.」
Measures are being expanded from temporary cost reductions during the pandemic to reducing administrative costs through expense controls and the centralization of business functions at headquarters. - FY2022AdvancedAnnual report
「As a result of reducing labor costs through temporary leave and other measures for employees at temporarily closed stores, negotiating rent reductions and taking other steps, selling, general and administrative expenses decreased 21.2% from the previous fiscal year.」
The company continued cost-cutting measures, including temporary leave, labor cost reductions and rent reduction negotiations, resulting in a 21.2% year-on-year decrease in selling, general and administrative expenses. - FY2022-Q1RestatedAnnual report
「However, as the prolonged spread of COVID-19 made current conditions extremely challenging, the company worked to reduce costs by every available means to minimize losses, including temporary leave for employees at closed stores, reducing labor costs by reviewing personnel allocation, and negotiating rent reductions or waivers, while」
The company continued cost reductions through temporary leave, reviewing personnel allocation, reducing labor costs, and negotiating rent reductions or waivers. - FY2021AdvancedAnnual report
「The company advanced expense reductions, including through temporary leave for employees at closed stores and negotiations for rent reductions or waivers. Selling, general and administrative expenses decreased 38.4% from the previous fiscal year.」
The company reduced costs through temporary leave, labor-cost reductions, and negotiations for rent reductions or waivers, and selling, general and administrative expenses decreased 38.4% year on year. - FY2021-Q3AdvancedAnnual report
「The company controlled labor costs by closing stores and managing working hours according to sales conditions, and thoroughly reduced expenses by reviewing routine costs and negotiating rent reductions.」
As cost-reduction measures during the pandemic, the company implemented store closures, managed working hours according to sales conditions, reviewed routine expenses, and negotiated rent reductions. - FY2021-Q1First statedAnnual report
「However, given the extremely challenging current conditions, the company reduced costs by every available means to minimize losses, including reducing labor costs through temporary leave for employees at closed stores, negotiating rent reductions or waivers, and curbing new investments.」
In response to the deterioration in the operating environment caused by COVID-19, the company newly identified cost-reduction measures including temporary leave for employees, negotiations for rent reductions or waivers, and curbing new investments.