Strengthening Wholesale Profitability Through Gross Margin Improvement and SG&A Efficiency
First written in FY2017-Q1. 2 of 4 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2018-Q2.
The whole theme swung hardest in 2017: 3 of 19 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2018-Q2DroppedAnnual report
「As a result of the partial sale of shares in 堀田丸正株式会社, which operates the wholesale business, on 24 and 25 May 2017, the wholesale business was excluded from the scope of consolidation at the beginning of the first quarter.」
The wholesale business was excluded from the scope of consolidation, and the measures to improve the profitability of the consolidated wholesale business through the previous gross margin improvements and SG&A efficiency measures were no longer continued. - FY2017-Q3AdvancedAnnual report
「In terms of profit, in addition to the contribution from M&A, efforts to improve profit by improving the gross profit margin and streamlining selling, general and administrative expenses in the existing wholesale business resulted in segment profit of ¥68 million, up 26.2% year on year.」
Gross margin improvements and SG&A efficiency measures resulted in wholesale segment profit of ¥68 million, up 26.2% year on year. - FY2017-Q2AdvancedAnnual report
「In terms of profit, in addition to the contribution from M&A, efforts to improve profit by improving the gross profit margin and streamlining selling, general and administrative expenses in the existing wholesale business resulted in a segment loss of ¥12 million, compared with a segment loss of ¥82 million in the same quarter of the previous year.」
Improved gross margins and more efficient SG&A expenses reduced the wholesale segment loss from ¥82 million in the same quarter of the previous year to ¥12 million. - FY2017-Q1First statedAnnual report
「In terms of profit, in addition to the contribution from M&A, efforts to improve profit by improving the gross profit margin and streamlining selling, general and administrative expenses in the existing wholesale business resulted in segment profit of ¥20 million, compared with a segment loss of ¥66 million in the same quarter of the previous year.」
The existing wholesale business advanced gross margin improvements and SG&A efficiency measures, improving from a segment loss to profit of ¥20 million.