Improving profitability by reviewing unprofitable transactions
First written in FY2020-Q3. 1 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2022.
1 other company's latest entry also says "Dropped".
- FY2022DroppedAnnual report
「Through structural reform, we worked to reorganise our domestic and overseas operations and improve performance by implementing rationalisation measures and pursuing a new growth strategy.」
The specific measure of reviewing unprofitable transactions, which had been explicitly stated in the previous fiscal year, was not explicitly stated in the current fiscal year and was recast in broader terms such as structural reform and rationalisation. - FY2021Operating loss worsens despite continued measuresAnnual report
「Although the company worked to reduce expenses related to unprofitable transactions, fixed costs and other items, the operating loss worsened by ¥779 million year on year to ¥551 million.」
Although the company continued to review unprofitable transactions and reduce fixed costs and other expenses, the operating loss worsened by ¥779 million year on year. - FY2020AdvancedAnnual report
「Operating profit improved by ¥286 million year on year to ¥228 million, owing to a review of unprofitable transactions, improved profit margins and expense reductions.」
The review of unprofitable transactions introduced in the previous quarter, together with margin improvement and expense reductions, is identified as a factor behind the improvement in full-year operating income. Operating income recovered from a loss to ¥228 million. - FY2020-Q3First statedAnnual report
「Working to review unprofitable transactions and reduce expenses, among other measures」
A review of unprofitable transactions is explicitly identified for the first time as a specific measure to improve operating income, ordinary income and net income attributable to owners of the parent for the quarter.