Cost Reduction in the Sports Facilities Business
First written in FY2018-Q3. 6 of 9 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「The business posted an operating loss due in part to higher facility repair costs and other factors. As a result, revenue in the sports facilities business was ¥552 million, down 0.8% from the previous fiscal year, and the operating loss was ¥22 million, compared with operating profit of ¥16 million in the previous fiscal year.」
The sports facilities business deteriorated from operating profit in the previous fiscal year to an operating loss of ¥22 million due to higher facility repair costs and other factors. - FY2021WorsenedAnnual report
「In addition to the decline in gross profit accompanying lower revenue, the heavy burden of fixed costs related to personnel expenses and facility maintenance resulted in an operating loss.」
The fixed-cost burden continued in the sports facilities business, and performance deteriorated from declining operating profit to a full-year operating loss of ¥12 million. - FY2021-Q3WorsenedAnnual report
「In addition to the decline in gross profit accompanying lower revenue, the heavy burden of fixed costs related to personnel expenses and facility maintenance resulted in lower profit. As a result, revenue in the sports facilities business was ¥365 million, down 18.7% year on year, and operating profit was ¥15 million, down 75.5% year on year.」
The fixed-cost burden of personnel expenses and facility maintenance costs continued, and although the sports facilities business remained profitable at the operating level, operating profit fell 75.5% year on year. - FY2021-Q2Operating profit remained positive despite the continued fixed-cost burden.Annual report
「In addition to the decline in gross profit accompanying lower revenue, the heavy burden of fixed costs related to personnel expenses and facility maintenance resulted in lower profit.」
In the sports facilities business, profit declined as the fixed-cost burden of personnel expenses and facility maintenance costs continued, but operating profit was maintained at ¥14 million. - FY2021-Q1WorsenedAnnual report
「In addition to the decline in gross profit accompanying lower revenue, the heavy burden of fixed costs related to personnel expenses and facility maintenance resulted in an operating loss.」
In the sports facilities business, performance deteriorated from the previous improvement in profit through cost reductions to an operating loss due to lower revenue and the fixed-cost burden of personnel expenses and facility maintenance costs. - FY2020WorsenedAnnual report
「Profit declined due to higher personnel expenses and costs related to facility maintenance.」
In the sports facilities business, facility maintenance costs increased in addition to personnel expenses, resulting in lower profit. - FY2020-Q2WorsenedAnnual report
「Profit declined due to higher personnel expenses and other costs.」
In the sports facilities business, higher personnel expenses and other costs resulted in lower profit, reversing the previous trend of profit improvement through cost reductions. - FY2018RestatedAnnual report
「Profit increased due to cost reductions.」
The sports facilities business reconfirms measures to improve profit through cost reductions. - FY2018-Q3First statedAnnual report
「Profit increased due to cost reductions.」
The first explicit mention is made of measures to improve profit through cost reductions in the sports facilities business, including Yonex Country Club.