Strengthening Investment in Selling Expenses, Facilities, Systems, and Digital Operations
First written in FY2018. 15 of 21 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2027-H1.
0 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Regarding SG&A expenses, the Company continued company-wide cost controls and kept them below the previous year's level while carrying out investments in new brands and new stores.」
The company continued company-wide cost controls and kept SG&A expenses at or below the year-earlier level while investing in new brands and stores. - FY2026-H1AdvancedAnnual report
「Selling, general and administrative expenses were reduced by ¥300 million from the previous year after substantial cuts against the initial plan based on sales trends, including one-off costs such as investments in new brands and new stores.」
Despite including one-off expenses such as investments in new brands and new stores, the Company reduced SG&A expenses by ¥300 million from the previous year. However, this was not enough to offset the decrease in gross profit resulting from lower net sales and a lower gross profit margin, and operating profit fell significantly below the previous year. - FY2025-H1WorsenedAnnual report
「Although gross profit exceeded the previous year as a result of an improvement in the gross profit margin from strengthening full-price sales and reducing the depth of discounts during sale sales, operating profit fell below the previous year because SG&A expenses increased, primarily due to higher personnel expenses.」
Although sales policies improved the gross profit margin and increased gross profit, SG&A expenses increased, primarily due to personnel expenses, and operating profit fell below the previous year. - FY2024AdvancedAnnual report
「The Company is making the capital investments necessary to strengthen its sales organization and expand its sales network. Capital expenditures during the current consolidated fiscal year totaled ¥724 million, mainly for store facilities associated with new store openings and other projects.」
To strengthen its sales organization and sales network, the Company made investments in store facilities associated with new store openings and other projects, and recorded capital expenditures of ¥724 million for the current fiscal year. - FY2024-Q3AdvancedAnnual report
「As growth investment to put the Company on a growth trajectory, it completed the renewal of its e-commerce platform in September and is also proceeding with new store openings and renovations of existing stores, actively promoting measures to expand sales toward achieving its targets for the final fiscal year.」
Regarding growth investment, the Company completed the renewal of its e-commerce platform in September and continues to open new physical stores and renovate existing stores. - FY2024-Q1RestatedAnnual report
「As investments to put the Company on a growth trajectory, we are actively pursuing the renewal of the EC platform, new store openings in areas and facilities where we have not previously operated, and renovations of existing stores.」
The Company continues to invest for growth in e-commerce, new store openings in areas and facilities where it has no existing stores, and renovations of existing stores. - FY2023AdvancedAnnual report
「For the fiscal year ended February 2023, the Company continued to control expenses, excluding sales-linked commissions, advertising and promotional expenses, employee returns, and higher personnel expenses resulting from revisions to the pension plan. The SG&A ratio improved by 3.5 percentage points from the previous fiscal year to 58.1%. For the fiscal year ending February 2024, the Company will continue to promote investment in stores, systems and personnel while maintaining its policy of controlling fixed costs.」
The Company reports that it improved its SG&A ratio by 3.5 percentage points from the previous fiscal year to 58.1%, and states that it plans to balance fixed-cost controls with investment in stores, systems and personnel in the next fiscal year. - FY2022RaisedAnnual report
「For the fiscal year ending February 2025, the Company plans SG&A expenses of ¥35.0 billion, an increase of ¥4.41 billion from the fiscal year ended February 2022. Excluding the ¥2.26 billion increase equivalent to sales-linked rent for selling areas, the planned underlying increase is ¥2.15 billion.」
The Company has moved from continuing its previous marketing, e-commerce and digital investments to specifying its SG&A plan for the fiscal year ending February 2025, including store and promotional investments, and presents both higher investment associated with sales growth and control of fixed costs. - FY2022-Q2AdvancedAnnual report
「In addition, SG&A reductions progressed beyond expectations, enabling the Company to exceed its plan for operating profit or loss, ordinary profit or loss, and quarterly net profit or loss attributable to owners of the parent.」
The Company states that SG&A reductions progressed beyond expectations, resulting in operating profit or loss, ordinary profit or loss, and quarterly net profit or loss attributable to owners of the parent exceeding the plan. - FY2022-Q1AdvancedAnnual report
「In addition, SG&A reductions progressed beyond expectations, and the operating loss narrowed.」
The Company states that SG&A reductions progressed beyond expectations and that the operating loss narrowed year on year. No new reduction areas or amounts are indicated, but progress exceeding the plan is reported. - FY2021AdvancedAnnual report
「The initial rehabilitation plan targeted reductions of ¥4.0 billion over 2 years, but by the fiscal year ended February 2021 the Company had already achieved actual reductions of ¥5.5 billion, excluding ¥1.15 billion recognized as extraordinary losses. For the fiscal year ending February 2022, it plans to achieve a further ¥3.2 billion in reductions.」
Regarding SG&A reductions, the Company reports actual reductions of ¥5.5 billion, excluding the amount recognized as extraordinary losses, against the initial target of ¥4.0 billion, and states that it plans to reduce a further ¥3.2 billion in the following fiscal year. - FY2021-Q3AdvancedAnnual report
「Regarding selling, general and administrative expenses, the Company worked to reduce total expenses through measures including controlling personnel expenses and negotiating reductions in real estate lease expenses, achieving reductions exceeding the initial plan, although」
While continuing to invest in selling expenses, facilities expenses and other areas, the Company states that it reduced total SG&A expenses beyond the initial plan through personnel expense controls and negotiations to reduce real estate lease expenses. - FY2020AdvancedAnnual report
「Capital expenditures during the current consolidated fiscal year totaled ¥2,666 million, mainly for store facilities associated with new store openings and other projects, and renovations to GINZA TIMELESS 8.」
Regarding investment in selling, facilities, systems and digital initiatives, the Company carried out projects including store facilities, renovations to GINZA TIMELESS 8, and replacement of servers and accounting systems, and reported capital expenditures of ¥2.666 billion for the current fiscal year. - FY2020-Q4RestatedAnnual report
「The Company Group pursued various proactive measures aimed at realizing the “Sanyo Innovation Plan 2017” and “Future Growth Strategy,” including marketing investment to increase net sales, strengthening e-commerce sales channels, and digital investment aimed at advancing the digitalization of the entire business.」
The Company continues to invest in marketing, e-commerce, and digital initiatives across the business. No new investment areas or increase in investment amounts are stated. - FY2020-Q2RestatedAnnual report
「Against this operating backdrop, our group undertook various proactive measures aimed at realizing the Sanyo Innovation Plan 2017 and “Regarding Our Future Growth Strategy,” including marketing investments to increase net sales, strengthening e-commerce channels, and digital investments to advance digitalization across the business.」
The Company states that it continued to make growth investments in selling expenses, e-commerce sales channels, and systems and digital-related areas, but does not indicate any new investment areas or scale. - FY2020-Q1AdvancedAnnual report
「In line with the “Sanyo Innovation Plan 2017” and “Future Growth Strategy,” announced on 30 October 2018, the Company pursued various proactive measures, including marketing investment to increase net sales, strengthening e-commerce sales channels, and digital investment aimed at advancing the digitalization of the entire business, in an effort to improve performance.」
Regarding the strengthening of selling expenses, facilities expenses, and systems and digital-related investment set out in the previous fiscal year, the Company states that during the current quarter it actually undertook marketing investment and digital investment across the business. - FY2018First statedAnnual report
「Cost-structure reform and optimization of head-office personnel expenses (implementation of a voluntary retirement program in December 2018), and further strengthening of growth investment: selling expenses, facilities expenses, and systems and digital-related investment」
The Company has newly specified a business strategy of strengthening growth investment in selling expenses, facilities expenses, and systems and digital-related areas while optimizing personnel expenses.