Strengthening the Management Foundation through Fixed-Cost Reduction, Organizational Renewal, and a Review of Personnel and Compensation Systems

「Organizationally, the Company established a structure in which authority is delegated to operating-level employees and each employee assumes responsibility for profits. At the same time, it is transitioning to a performance-based system and expanding its incentive programs to improve business performance while maintaining employee motivation.」

「The Company quickly feeds back POS data and in-store information received from each company to its in-house product planning section to accelerate product development. … By substantially delegating authority to managers at the operating level and simplifying the decision-making process, while also developing its IT infrastructure, the Company is working to improve internal and external information sharing and accelerate operations.」

「The Company was able to secure higher operating profit and ordinary profit by strengthening its management platform, centered on fixed-cost reductions, faster decision-making through major organizational restructuring, and a review of personnel and compensation systems.」

「During the six-month period ended in the second quarter, the yen depreciated substantially year on year and the cost of sales rose sharply. Against this backdrop, the company steadily implemented measures pursued over the past several years, centered on selecting and concentrating its product range and sales channels, switching from purchased products to proprietary products, reducing fixed costs, speeding decision-making through a major organizational overhaul, and strengthening its management base, including a review of its personnel and compensation systems, as well as developing proprietary products such as cosmetics and cosmetic accessories. As a result, the company secured an increase in operating profit.」

「During the nine-month period of the first quarter of the consolidated fiscal year under review, the yen depreciated sharply and the cost of sales surged. Nevertheless, we steadily implemented measures undertaken over the past several years, including selective concentration in the number of products handled and customers served, switching from purchased products to products planned in-house, reducing fixed costs, accelerating decision-making through a major organizational overhaul, strengthening the management platform centered on reviewing personnel compensation systems, and developing products planned in-house such as cosmetics and cosmetics accessories. As a result, we secured higher operating profit.」

「The Company quickly feeds back POS and in-store information received from each company to its in-house product planning section to accelerate product development. … By substantially delegating authority to managers at the operating level and simplifying the decision-making process, while also developing its IT infrastructure, the Company is working to improve information sharing and accelerate operations.」

「Strengthening the management platform, centered on the selection and concentration of SKUs and business partners, the shift from sourced products to proprietary products, fixed-cost reductions, major organizational restructuring to accelerate decision-making, and a review of personnel and compensation systems, initiatives that had continued through the previous fiscal year」

「Strengthening the management platform, centered on the selection and concentration of SKUs and business partners, the shift from sourced products to proprietary products, fixed-cost reductions, major organizational restructuring to accelerate decision-making, and a review of personnel and compensation systems, initiatives that had continued through the previous fiscal year」