Profit Improvement in the Toy Business through SG&A Cost Reduction
First written in FY2018-Q1. 2 of 4 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2021-Q2.
- FY2021-Q2AdvancedAnnual report
「Operating profit and ordinary profit also exceeded the same period of the previous year due to lower inventory valuation losses resulting from the maintenance of appropriate inventory levels and the restraint of selling, general and administrative expenses.」
The control of selling and general and administrative expenses, together with the reduction in inventory valuation losses achieved by maintaining appropriate inventory levels, contributed to profit improvement. - FY2021-Q1AdvancedAnnual report
「Sales and profit both exceeded the same period of the previous year, owing to a decrease in selling expenses and general and administrative expenses, including advertising expenses.」
In the toy business, selling and general and administrative expenses, including advertising expenses, decreased, and sales and profit exceeded the same period of the previous year. - FY2018-Q2RestatedAnnual report
「In terms of profit, results exceeded the same period of the previous year, owing mainly to a decrease in selling, general and administrative expenses.」
For the toy business, the Company continues to identify a reduction in selling, general and administrative expenses as a means of improving profit. - FY2018-Q1First statedAnnual report
「In terms of profit, results exceeded the same period of the previous year, owing mainly to reductions in selling, general and administrative expenses.」
The Company identifies reductions in selling, general and administrative expenses as a specific measure to improve profit in the toy business.