SG&A expense reductions
First written in FY2016. 13 of 31 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2027-H1.
- FY2027-H1Gross profit growth despite higher selling, general and administrative expensesAnnual report
「In terms of earnings, gross profit increased as a result of higher sales and an improved gross margin. Although SG&A expenses also increased, the increase in gross profit exceeded it, resulting in a substantial increase in operating income.」
Although SG&A expenses increased, the improvement in the gross margin and increase in gross profit more than offset it, resulting in a substantial increase in operating income. - FY2026Gross profit improvement amid higher SG&A expensesAnnual report
「Although SG&A expenses increased due to higher miscellaneous costs, results exceeded the same period of the previous year as a result of improved gross profit on used trading cards and other factors.」
Although SG&A expenses increased due to higher miscellaneous costs, operating income exceeded the same period of the previous year as a result of improved gross profit on used trading cards and other factors. - FY2026-H1AdvancedAnnual report
「Although SG&A expenses were trending higher due to investments in store openings and other initiatives and higher miscellaneous costs, the company worked to reduce costs, resulting in sales and earnings both exceeding the same period of the previous year.」
SG&A expenses increased from ¥5,614.16 million in the same period of the previous year to ¥6,104.25 million, but the company worked to reduce costs and operating income increased 110.9% year on year. The company describes its response to rising SG&A expenses and the resulting earnings improvement. - FY2025SG&A continues to increaseAnnual report
「Results were below the same period of the previous year due to the continuing decline in gross profit on used trading cards from the previous period, investments in store openings and other initiatives, and increased SG&A expenses resulting from higher miscellaneous costs.」
Increased SG&A expenses resulting from store-opening investments and higher miscellaneous costs continued to be a factor behind the year-on-year decline in operating income. SG&A expenses increased from ¥10,510.47 million to ¥11,402.5 million. - FY2025-H1SG&A continues to increaseAnnual report
「Due to increased SG&A expenses resulting from investments in store openings and higher miscellaneous costs,」
Increased SG&A expenses resulting from investments in store openings and higher miscellaneous costs continued to be cited as factors behind the decline in interim earnings. SG&A expenses increased from ¥5,091.531 million in the same period of the previous year to ¥5,614.161 million. - FY2025-Q1Higher SG&A ExpensesAnnual report
「Due to increased SG&A expenses resulting from investments in store openings and higher miscellaneous costs,」
In addition to continued SG&A expense reductions, the company cites increased SG&A expenses resulting from store-opening investments and higher miscellaneous costs as factors behind the decline in first-quarter earnings. - FY2021RestatedAnnual report
「The savings in SG&A expenses from the ongoing expense optimization project also contributed,」
The company states that continued reductions in SG&A expenses through the expense optimization project contributed to the improvement in earnings for the period. - FY2021-Q3RestatedAnnual report
「Operating income substantially exceeded the previous year, as the company continued to control SG&A expenses through business restructuring and benefited from increased sales of core products described above and improved gross margins across its products.」
The company states that it continued to control SG&A expenses through business restructuring. It also cites increased sales of core products and improved gross margins as factors behind the earnings improvement. - FY2021-Q2RestatedAnnual report
「Operating income substantially exceeded the previous year, as the company continued to control SG&A expenses through business restructuring and benefited from strong sales of high-margin used products.」
The company states that it continued to control SG&A expenses through business restructuring. - FY2021-Q1RestatedAnnual report
「Operating income substantially exceeded the previous year, driven by revenue growth resulting from strong sales of high-margin used products, while efforts to control SG&A expenses through business restructuring continued.」
The company states that it continued to control SG&A expenses through business restructuring. It explains that the improvement in first-quarter earnings resulted from the control of SG&A expenses, together with growth in sales of used products. - FY2020AdvancedAnnual report
「Operating income exceeded the previous year, as the company continued to control SG&A expenses through business restructuring while maintaining sales of high-margin used products.」
The company continued to control SG&A expenses through business restructuring, and operating income was ¥260 million, up 28.7% year on year. - FY2020-Q3RestatedAnnual report
「Operating income was below the previous year, as the decline in net sales and gross profit outweighed continued efforts to control SG&A expenses through business restructuring.」
Although efforts to control SG&A expenses through business restructuring continued, operating income fell below the same period of the previous year due to declines in net sales and gross profit. - FY2020-Q2AdvancedAnnual report
「Operating income improved substantially as a result of strong sales of high-margin used products and effective control of selling, general and administrative expenses through business-structure reforms.」
The continued effectiveness of controlling selling, general and administrative expenses through business-structure reforms increased operating income 67.9% year on year to ¥117.38 million. - FY2020-Q1AdvancedAnnual report
「Operating income improved substantially as a result of strong sales of high-margin used products and effective control of selling, general and administrative expenses through business-structure reforms. As a result, for the cumulative first quarter of the current fiscal year, net sales were ¥4,932 million, down 5.2% year on year, operating income was ¥72 million, compared with operating income of ¥0 million in the previous-year period, ordinary income was ¥70 million, compared with an ordinary loss of ¥2 million in the previous-year period, and quarterly net income was ¥68 million, compared with a quarterly net loss of ¥13 million in the previous-year period.」
Effective control of selling, general and administrative expenses through business-structure reforms improved operating income from ¥573 thousand in the previous-year period to ¥72.307 million. - FY2019AdvancedAnnual report
「As a result of reducing selling, general and administrative expenses through radical business-structure reforms pursued since the previous period, operating income, ordinary income and net income all improved substantially」
Selling, general and administrative expenses decreased from ¥6,921.86 million in the previous period to ¥6,125.90 million in the current period, with cost reductions and improved profitability from business-structure reforms evident in the full-year results. - FY2019-Q3RestatedAnnual report
「In addition to strong sales of high-margin recycled products, reductions in selling, general and administrative expenses through radical business-structure reforms pursued since the previous period resulted in substantial improvements in operating income, ordinary income and quarterly net income, and the profitable business structure is becoming established.」
It continues to describe reductions in selling, general and administrative expenses and improved profitability through business-structure reforms initiated in the previous period. - FY2019-Q2AdvancedAnnual report
「As a result of reducing selling, general and administrative expenses through radical business-structure reforms pursued since the previous period, operating income, ordinary income and quarterly net income all improved substantially, and the profitable business structure is becoming established.」
It states that reductions in selling, general and administrative expenses through business-structure reforms initiated in the previous period led to improvements in operating income, ordinary income and quarterly net income. - FY2019-Q1AdvancedAnnual report
「Operating income improved substantially as a result of strong sales of high-margin recycled products and reductions in selling, general and administrative expenses through radical business-structure reforms pursued since the previous period.」
Strong sales of recycled products and reductions in selling, general and administrative expenses through business-structure reforms improved operating income from an operating loss in the previous-year period to ¥573 thousand in the current quarter. - FY2018AdvancedAnnual report
「Although operating income was affected by lower gross profit, the company improved its cost structure, mainly by reducing selling, general and administrative expenses through radical business-structure reforms initiated during the current period, resulting in a smaller operating loss than in the previous period.」
Through business-structure reforms, the company reduced selling, general and administrative expenses from ¥7,921.33 million in the previous period to ¥6,921.86 million in the current period. The operating loss also narrowed from ¥437.71 million to ¥173.01 million. - FY2018-Q3RestatedAnnual report
「In store operations, the company is reducing expenses by limiting the frequency of product transfers in line with the scale of the business, lowering logistics costs, and reviewing promotional and notification methods, while improving store operating efficiency by reviewing store operations accordingly.」
The company has continued to reduce expenses by limiting the frequency of product transfers, lowering logistics costs, reviewing promotional methods, and improving the efficiency of store operations. - FY2018-Q2RestatedAnnual report
「In store operations, the company is reducing expenses by limiting the frequency of product transfers in line with the scale of the business and further reviewing promotional and notification methods, while improving the efficiency of store workloads by reviewing store operations accordingly.」
The company has continued to reduce expenses by limiting the frequency of product transfers, reviewing promotional and notification methods, and improving the efficiency of store workloads. - FY2018-Q1AdvancedAnnual report
「Operating income improved, mainly through reductions in selling, general and administrative expenses resulting from the radical business-structure reforms initiated during the current period. However, the impact of lower net sales resulted in the company reporting a loss.」
It states that the company initiated radical business-structure reforms and achieved improvement in profitability, mainly through reductions in selling, general and administrative expenses. However, the operating loss has continued. - FY2017RestatedAnnual report
「By diversifying efficient promotional methods, including introducing web flyers and other smartphone- and internet-based promotions, the company has continued to reduce overall promotional expenses.」
The company has continued to diversify promotional methods and reduce expenses. - FY2017-Q3AdvancedAnnual report
「By diversifying efficient promotional methods, including introducing web flyers and other smartphone- and internet-based promotions, the company has reduced overall promotional expenses.」
The company introduced web flyers and other smartphone- and internet-based promotions, reducing promotional expenses. - FY2017-Q2RestatedAnnual report
「Continuing measures to reduce store operating costs, reducing expenses through diversified promotional methods, and reducing fixed costs such as outsourcing expenses and commissions」
The company has continued measures to reduce store operating expenses, promotional expenses, outsourcing expenses and commissions. - FY2017-Q1RestatedAnnual report
「① Promoting low-cost operations, continuing measures to reduce store operating costs, reducing expenses through diversified promotional methods, and reducing fixed costs such as outsourcing expenses and commissions」
The company has continued to reduce store operating expenses, promotional expenses, outsourcing expenses and commissions. - FY2016First statedAnnual report
「① Reducing SG&A expenses, lowering store operating costs and reviewing promotional methods to secure profits even in difficult market conditions; diversifying promotional methods and reducing promotional costs; and reducing fixed costs, including outsourcing expenses and fees.」
The company is pursuing cost reductions in store operations, promotions, outsourcing expenses and fees.