Strengthening the Business Structure through Fixed-Cost Reduction and Operating Efficiency
First written in FY2020. 3 of 4 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2021.
61 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「Regarding the business structure with its high fixed-cost ratio, which we have identified as a challenge, we have begun efforts to digitize internal operations and introduce core systems, and are strengthening the business structure through greater operational efficiency.」
To address the business structure's high fixed-cost ratio, the company began digitizing internal operations and introducing core systems. - FY2021-Q3AdvancedAnnual report
「Advertising and promotion expenses declined due to the cancellation of tournaments in each sport, and company-wide efforts to reduce expenses resulted in a substantial year-on-year decrease in selling, general and administrative expenses」
In addition to lower advertising and promotion expenses resulting from tournament cancellations, company-wide cost reductions led to a substantial decrease in selling, general and administrative expenses. - FY2021-Q1AdvancedAnnual report
「In addition to lower advertising and promotion expenses due to the cancellation of various tournaments and other events, we worked to reduce selling, general and administrative expenses, but the impact of the decrease in gross profit accompanying lower revenue was significant」
The company states that, during the pandemic, it benefited from lower advertising and promotion expenses and also worked to reduce selling, general and administrative expenses. - FY2020First statedAnnual report
「We will also reassess our business structure, in which fixed costs account for a large proportion of sales, and work to strengthen it through fixed-cost reductions and operational efficiency.」
The company is reassessing its business structure, which has a high fixed-cost ratio, and has identified fixed-cost reductions and operational efficiency as new challenges to address.