Improving profitability through thorough profitability management
First written in FY2021-Q1. 8 of 18 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026The deterioration in the profitability of the wholesale business remains a key issueAnnual report
「We recognize improving the profitability of this segment as a key issue.」
In light of the seafood wholesale business's segment loss widening from ¥189 million to ¥372 million, the company has expressly identified improved profitability as a key issue. - FY2026-H1AdvancedAnnual report
「In the seafood wholesale business, profitability improved partly as a result of logistics improvements. In the refrigerated warehousing business, increased revenue and greater operating efficiency resulted in operating profit of ¥275 million (operating profit of ¥66 million in the same period of the previous year), ordinary profit of ¥310 million (ordinary profit of ¥95 million), and interim net income attributable to owners of the parent of ¥216 million (¥74 million).」
The company reports that profitability improved through logistics improvements and more efficient operations, and that the seafood wholesale business turned from a segment loss in the same period of the previous year to a segment profit. - FY2025Wholesale loss narrowed, but recovery of profitability remains a continuing issueAnnual report
「In the seafood wholesale business, revenue was ¥60,853 million, compared with ¥57,176 million in the same period of the previous year, and the segment loss was ¥189 million, compared with a segment loss of ¥378 million.」
The seafood wholesale business narrowed its segment loss from ¥378 million to ¥189 million, but remained in the red, making improved profitability a key issue. - FY2025-H1Wholesale business struggles to pass on costsAnnual report
「Seafood wholesalers are struggling because they have been unable to pass on some costs, including logistics expenses, to sales prices.」
While pursuing profitability management and other measures, the company states that the seafood wholesale business struggled during the current interim consolidated accounting period because it was unable to pass on some costs, including logistics costs, to sales. - FY2024Recovery of profitability identified as a key issueAnnual report
「We consider restoring the profitability of this segment to be a key issue.」
While advancing inventory optimization, profitability management and the strengthening of processing functions, the company has identified the recovery of profitability in the seafood wholesale business as a key issue. - FY2024-Q2Operating loss recorded despite efforts to strengthen profitability managementAnnual report
「In terms of earnings, although we pursued rigorous profitability management, operating loss was ¥19 million, compared with operating profit of ¥34 million in the same period of the previous year, due to higher purchase prices and procurement costs and increases in selling, general and administrative expenses.」
While the company pursued rigorous profitability management, higher procurement costs and selling, general and administrative expenses caused operating results to turn from operating profit of ¥34 million in the same period of the previous year to an operating loss of ¥19 million. - FY2023-Q3RestatedAnnual report
「Partly because we were able to pass on some of the increases in purchase prices and procurement costs to selling prices, operating profit was ¥221 million, compared with ¥162 million in the same period of the previous year, and ordinary profit was ¥267 million, compared with ¥199 million.」
The company continues to describe measures to pass on some of the increase in procurement costs to selling prices, along with year-on-year increases in operating profit and ordinary profit. - FY2023-Q1AdvancedAnnual report
「Partly because we were able to pass on some of the increases in purchase prices and procurement costs to selling prices, operating profit was ¥32 million, compared with ¥27 million in the same period of the previous year, and ordinary profit was ¥76 million, compared with ¥64 million.」
The company passed on some of the increase in procurement costs to selling prices and reports that operating profit and ordinary profit exceeded the levels in the same period of the previous year. - FY2022AdvancedAnnual report
「Efforts to improve sales efficiency through optimal inventory levels and strengthen profitability management contributed to lower selling costs by reducing storage expenses and focusing sales more closely on profitability.」
The company states that initiatives involving appropriate inventory levels and profitability management contributed to lower storage expenses and selling costs. - FY2022-Q2AdvancedAnnual report
「Efforts to improve sales efficiency through optimal inventory levels and strengthen profitability management contributed to lower selling costs by reducing storage expenses and focusing sales more closely on profitability.」
Regarding rigorous profitability management, the company reports that reducing storage expenses and making sales with profitability in mind helped reduce selling costs. - FY2022-Q1AdvancedAnnual report
「Due to higher gross profit and lower selling costs, operating profit was ¥27 million, compared with an operating loss of ¥75 million in the same period of the previous year; ordinary profit was ¥64 million, compared with an ordinary loss of ¥38 million; and profit attributable to owners of the parent was ¥52 million, compared with a quarterly net loss attributable to owners of the parent of ¥44 million.」
Higher gross profit and lower selling costs enabled operating profit, ordinary profit and quarterly net profit to turn profitable from losses in the same period of the previous year. - FY2021AdvancedAnnual report
「Gross profit margin improved through inventory optimization and responses to changes in commercial flows, storage expenses were reduced, and organizational restructuring also improved efficiency, resulting in a significant improvement in earnings.」
Regarding initiatives including more detailed profitability management and the optimization of selling expenses, the company reports improved gross profit margins, lower storage expenses, and a return to full-year profitability. - FY2021-Q3AdvancedAnnual report
「We pursued the measure set out at the beginning of the fiscal year of optimizing selling expenses through more detailed profitability management. As a result of reducing other expenses, operating profit was ¥144 million, compared with an operating loss of ¥431 million in the same period of the previous year, and ordinary profit was ¥202 million, compared with an ordinary loss of ¥411 million.」
The company pursued measures to optimize selling expenses through more detailed profitability management, and operating profit and ordinary profit both turned profitable from losses in the same period of the previous year. - FY2021-Q2RestatedAnnual report
「Against this backdrop, the group has been implementing the initiatives set out at the beginning of the period: organisational restructuring, improved sales efficiency through appropriate inventory levels, and thorough profit management.」
The company continues to pursue rigorous profitability management as a measure set out at the beginning of the fiscal year. - FY2021-Q1First statedAnnual report
「Against this backdrop, the group has been implementing the initiatives set out at the beginning of the period: organisational restructuring, improved sales efficiency through appropriate inventory levels, and thorough profit management.」
The company has independently identified rigorous profitability management as one of the measures set out at the beginning of the fiscal year.