Improving the SG&A Ratio by Reviewing Internal Operations
First written in FY2017. 12 of 29 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026-H1.
19 other companies' latest entry also says "Other".
- FY2026-H1Deterioration in the SG&A expense ratioAnnual report
「Selling, general and administrative expenses increased 10.4% year on year to ¥36,443 million, and rose 1.1 percentage points as a proportion of net sales to 49.4%, due to increases in advertising and promotional expenses from intensified advertising, personnel expenses associated with wage increases and staff expansion, depreciation resulting from additional store openings and the relocation of headquarters, and system amortization expenses.」
The SG&A ratio rose 1.1 percentage points year on year to 49.4% due to higher advertising expenses, wage increases and staff expansion, additional store openings, the relocation of headquarters, and system amortization. - FY2025SG&A expense ratio unchangedAnnual report
「SG&A expenses increased 12.6% from the previous fiscal year to ¥70,645 million, while SG&A expenses as a percentage of revenue increased 0.1 percentage points from the previous fiscal year to 46.8%.」
Higher expenses accompanying stronger advertising, wage increases, an increase in headcount and an increase in store openings caused the SG&A expense ratio to rise 0.1 percentage points from the previous fiscal year to 46.8%. - FY2025-H1AdvancedAnnual report
「SG&A expenses increased 9.2% year on year to ¥32,999 million due to higher personnel expenses accompanying wage increases and other factors, as well as higher variable costs accompanying revenue growth. However, the SG&A expense ratio was contained at 48.3%, down 1.2 percentage points from the same period of the previous year.」
Personnel and variable costs increased, but the SG&A expense ratio declined 1.2 percentage points year on year to 48.3%. The first-half improvement in the ratio indicates progress in efforts to improve the SG&A expense ratio. - FY2024-Q3Deterioration in the SG&A expense ratioAnnual report
「SG&A expenses increased 5.7% year on year to ¥46,761 million due to higher advertising and promotional expenses, including temporary costs related to revisions to the membership program, and higher personnel expenses accompanying an increase in headcount. The SG&A expense ratio increased 0.9 percentage points from the same period of the previous year to 46.9%.」
SG&A expenses increased 5.7% year on year, and the SG&A expense ratio increased 0.9 percentage points to 46.9%, due to temporary costs related to revisions to the membership program and an increase in headcount. - FY2023AdvancedAnnual report
「SG&A expenses increased 5.9% from the previous fiscal year to ¥60,816 million, while the SG&A expense ratio declined 1.8 percentage points from the previous fiscal year to 46.7%.」
Despite higher variable costs accompanying revenue recovery, the SG&A expense ratio declined 1.8 percentage points from the previous fiscal year to 46.7%, demonstrating progress in improving the cost structure for the full year. - FY2023-Q3Continued increase in SG&A expenses accompanying revenue recoveryAnnual report
「SG&A expenses increased 4.0% year on year to ¥44,247 million due to higher variable costs accompanying revenue recovery across individual expense items, among other factors.」
SG&A expenses increased 4.0% year on year due to higher variable costs accompanying revenue recovery, among other factors. - FY2023-Q2Continued increase in SG&A expenses accompanying revenue recoveryAnnual report
「SG&A expenses increased 3.7% year on year to ¥28,466 million due to higher variable costs accompanying revenue recovery across individual expense items, among other factors.」
SG&A expenses increased 3.7% year on year due to higher variable costs accompanying revenue recovery, among other factors. - FY2023-Q1Increase in SG&A expenses accompanying revenue recoveryAnnual report
「SG&A expenses increased 3.1% year on year to ¥14,328 million due to higher variable costs accompanying revenue recovery across individual expense items, among other factors.」
SG&A expenses increased 3.1% year on year due to higher variable costs accompanying revenue recovery, among other factors. The filing describes an increase in expenses accompanying revenue recovery separately from progress in the previous cost-control measures. - FY2022AdvancedAnnual report
「SG&A expenses declined 6.9% from the previous fiscal year to ¥57,407 million due to controls across individual expense items.」
SG&A expenses declined 6.9% from the previous fiscal year, while the SG&A expense ratio declined 2.2 percentage points to 48.5%, indicating progress in improving the cost structure on a full-year basis. - FY2022-Q3AdvancedAnnual report
「SG&A expenses declined 8.5% year on year to ¥42,565 million due to controls across individual expense items.」
SG&A expenses declined 8.5% year on year due to controls across individual expense items, demonstrating the results of cost control efforts aimed at improving profitability. - FY2022-Q2AdvancedAnnual report
「Despite higher variable costs accompanying revenue growth, SG&A expenses declined 7.6% year on year to ¥27,450 million.」
Despite higher variable costs accompanying revenue growth, SG&A expenses declined 7.6% year on year. - FY2022-Q1AdvancedAnnual report
「Despite higher variable costs accompanying revenue growth, SG&A expenses declined 5.1% year on year to ¥13,902 million.」
Despite higher variable costs accompanying revenue growth, SG&A expenses declined 5.1% year on year. - FY2021Continued deterioration in the SG&A expense ratioAnnual report
「SG&A expenses declined 13.5% year on year to ¥61,634 million due to lower variable costs accompanying the decline in revenue and efforts to contain fixed costs, among other factors.」
SG&A expenses declined 13.5% from the previous fiscal year, but the SG&A expense ratio increased 5.4 percentage points to 50.6% due to the impact of lower revenue. - FY2021-Q3Continued decline in selling, general and administrative expensesAnnual report
「SG&A expenses declined 13.5% year on year to ¥46,497 million due to lower variable costs accompanying the decline in revenue and efforts to contain fixed costs, among other factors.」
SG&A expenses declined 13.5% year on year due to lower variable costs accompanying the decline in revenue and efforts to contain fixed costs. The filing does not disclose the SG&A expense ratio. - FY2021-Q2Decrease in SG&A expenses (ratio not disclosed)Annual report
「SG&A expenses declined 14.2% year on year to ¥29,710 million due to lower variable costs accompanying the decline in revenue and efforts to contain fixed costs, among other factors.」
SG&A expenses declined 14.2% year on year due to lower variable costs and efforts to contain fixed costs. The filing does not disclose the SG&A expense ratio. - FY2021-Q1Deterioration in the SG&A expense ratioAnnual report
「SG&A expenses declined 15.7% year on year to ¥14,656 million, while the SG&A expense ratio increased 19.7 percentage points from the same period of the previous year to 66.0%. This was mainly due to higher advertising and promotional expenses directed toward online sales, despite lower variable costs accompanying the decline in revenue and efforts to contain fixed costs.」
The SG&A expense ratio increased 19.7 percentage points year on year to 66.0% due to lower revenue and higher advertising and promotional expenses directed toward online sales, among other factors. Despite the policy of improving the cost structure, the quarterly results showed a deterioration in the SG&A burden. - FY2020Deterioration in the SG&A expense ratioAnnual report
「SG&A expenses increased 0.7% from the previous fiscal year to ¥71,224 million, while the SG&A expense ratio increased 0.8 percentage points from the previous fiscal year to 45.2%. This was mainly due to higher advertising and promotional expenses directed toward online sales, despite lower variable costs accompanying the decline in revenue and efforts to contain fixed costs.」
Despite efforts to contain fixed costs, the SG&A expense ratio increased 0.8 percentage points from the previous fiscal year to 45.2% due to higher advertising and promotional expenses directed toward online sales, among other factors. - FY2020-Q3Deterioration in the SG&A expense ratioAnnual report
「SG&A expenses increased 2.3% year on year to ¥53,774 million, while the SG&A expense ratio increased 0.5 percentage points from the same period of the previous year to 45.2%. This was due to higher advertising and promotional expenses related to online sales and higher personnel expenses, despite lower office supplies and consumables, research expenses and other fixed costs.」
The SG&A expense ratio increased 0.5 percentage points year on year to 45.2% due to higher advertising and promotional expenses and personnel costs related to online sales. - FY2020-Q2AdvancedAnnual report
「SG&A expenses increased 2.1% year on year to ¥34,617 million, while the SG&A expense ratio declined 0.8 percentage points from the same period of the previous year to 46.4%. This was due to a lower advertising and promotional expense ratio at COEN, a lower personnel expense ratio relative to revenue accompanying growth in UNITED ARROWS LTD.’s online sales, and lower warehouse rent and temporary store-opening expenses at UNITED ARROWS LTD., among other factors.」
The SG&A expense ratio improved 0.8 percentage points year on year to 46.4% due to lower advertising and promotional expenses, a lower personnel expense ratio relative to revenue, lower warehouse rent and lower temporary store-opening expenses, among other factors. - FY2020-Q1AdvancedAnnual report
「SG&A expenses increased 0.2% year on year to ¥17,389 million, while the SG&A expense ratio declined 1.3 percentage points from the same period of the previous year to 46.4%. This was due to lower advertising and promotional expenses at COEN and lower fixed costs at UNITED ARROWS LTD., among other factors.」
The SG&A expense ratio declined 1.3 percentage points year on year to 46.4% due to lower advertising and promotional expenses at COEN and lower fixed costs at UNITED ARROWS LTD., among other factors. - FY2019AdvancedAnnual report
「SG&A expenses for the fiscal year under review increased 2.5% from the previous fiscal year to ¥70,696 million, below the rate of revenue growth, despite higher costs related to the reorganization of logistics warehouses at UNITED ARROWS LTD. and other factors, due to lower fixed costs and other factors. The SG&A expense ratio improved 0.2 percentage points from the previous fiscal year to 44.5%.」
Despite higher costs from the reorganization of logistics warehouses, the SG&A expense ratio improved 0.2 percentage points year on year to 44.5% due to lower fixed costs and other factors. - FY2019-Q3RestatedAnnual report
「During the current consolidated fiscal year, we continued reviewing unprofitable initiatives, considering the closure of stores that had fulfilled their roles, reviewing operations in indirect departments, and working toward standardization and greater efficiency to improve the health of our earnings structure.」
The company continues to improve the health of its earnings structure by reviewing, standardizing and streamlining operations in indirect departments. - FY2019-Q2RestatedAnnual report
「During the current consolidated fiscal year, we continued reviewing unprofitable initiatives, considering the closure of stores that had fulfilled their roles, reviewing operations in indirect departments, and working toward standardization and greater efficiency to improve the health of our earnings structure.」
The company continues to improve the health of its earnings structure by reviewing, standardizing and streamlining operations in indirect departments. - FY2019-Q1RestatedAnnual report
「During the current consolidated fiscal year, we continued reviewing unprofitable initiatives, considering the closure of stores that had fulfilled their roles, reviewing operations in indirect departments, and working toward standardization and greater efficiency to improve the health of our earnings structure.」
The company continues to improve the health of its earnings structure by reviewing, standardizing and streamlining operations in indirect departments. - FY2018SG&A expense ratio unchangedAnnual report
「During the fiscal year under review, the relative personnel expense ratio declined as revenue increased, and related costs declined as inventory efficiency improved, along with a lower ratio of other fixed costs. However, the company made strategic investments in the fourth quarter to renovate and repair existing stores and improve head-office office functions in pursuit of medium- to long-term growth. In addition, the payment of achievement-based bonuses resulted in an SG&A expense ratio of 44.7%, unchanged from the previous fiscal year.」
The company advanced its operational review and cost reductions, but strategic investments and bonus payments resulted in a full-year SG&A expense ratio of 44.7%, unchanged from the previous fiscal year. - FY2018-Q3AdvancedAnnual report
「Regarding the improvement of the SG&A expense ratio, the company has formed a project team to inventory its internal operations. It will fundamentally review inefficient work and unnecessary costs and use the findings to improve the SG&A expense ratio. During the third-quarter cumulative period under review, the SG&A expense ratio was 44.2%, down 0.9 percentage points from the same period of the previous year, due to a relative decline in the personnel expense ratio accompanying higher revenue, lower related costs resulting from greater inventory efficiency, and a lower ratio of other fixed costs, among other factors.」
The company continued to inventory its internal operations through the project team, and the SG&A expense ratio declined 0.9 percentage points year on year to 44.2% due to lower personnel costs, inventory-related costs and fixed costs, among other factors. - FY2018-Q2AdvancedAnnual report
「Regarding the improvement of the SG&A expense ratio, the company has formed a project team to inventory its internal operations. It will fundamentally review inefficient work and unnecessary costs and use the findings to improve the SG&A expense ratio. During the second-quarter cumulative period under review, the SG&A expense ratio was 46.9%, down 1.3 percentage points from the same period of the previous year, due to a relative decline in the personnel expense ratio accompanying higher revenue, lower related costs resulting from greater inventory efficiency, and a lower ratio of other fixed costs, among other factors.」
The company conducted an inventory of internal operations, and the SG&A expense ratio declined 1.3 percentage points year on year to 46.9% due to lower personnel costs, inventory-related costs and fixed costs, among other factors. - FY2018-Q1AdvancedAnnual report
「Regarding the improvement of the SG&A expense ratio, the company has formed a project team to inventory its internal operations. It will fundamentally review inefficient work and unnecessary costs and use the findings to improve the SG&A expense ratio. During the first-quarter cumulative period under review, the SG&A expense ratio was 47.3%, down 0.8 percentage points from the same period of the previous year, due to a relative decline in the fixed-cost ratio accompanying higher revenue and lower temporary store-opening expenses, among other factors.」
The company formed a project team and conducted an inventory of internal operations, resulting in a 0.8 percentage-point year-on-year decline in the SG&A expense ratio to 47.3%. - FY2017First statedAnnual report
「The company will form a project team and inventory its internal operations to fundamentally review inefficient work and unnecessary costs, thereby improving the SG&A expense ratio.」
The company identified an inventory of internal operations by a project team and a fundamental review of unnecessary costs as concrete measures to redefine its cost structure.