Securing Apparel Business Profit Through Expense Reduction
First written in FY2021-Q1. 2 of 5 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2023-Q1.
- FY2023-Q1RestatedAnnual report
「Although the Asti Group was affected in some areas by yen depreciation and higher raw material prices, it generally progressed in line with its plan due to higher sales resulting from recovering demand and cost reductions.」
The company is continuing measures to secure apparel business profits and achieve the planned performance through a recovery in demand, cost reductions and other initiatives. - FY2022-Q1RestatedAnnual report
「Despite the downsizing of events and stagnant demand caused by the COVID-19 pandemic, アスティグループ continued working to improve management efficiency.」
The company has continued improving management efficiency amid demand stagnation caused by the COVID-19 pandemic. - FY2021-Q3AdvancedAnnual report
「In addition, operating profit exceeded the year-earlier period as a result of its efforts to reduce expenses.」
The company states that continued cost reductions resulted in apparel business operating profit exceeding the year-earlier period. - FY2021-Q2AdvancedAnnual report
「At its overseas production sites, アスティグループ worked to maintain its supply chain by increasing local staffing. In addition, operating profit exceeded the year-earlier period as a result of its efforts to reduce expenses.」
The company specifically describes maintaining the supply chain by increasing staffing at overseas production sites and improving operating profit through cost reductions. - FY2021-Q1First statedAnnual report
「Although the difficult conditions in the retail industry led to a decline in additional orders, アスティグループ maintained strong profitability as its cost-reduction efforts proved effective.」
The company has newly described its efforts to maintain profitability through cost reductions amid declining additional orders.