Improving the Manufacturing Cost Ratio by Increasing Cost Control Accuracy During the Planning and Manufacturing Stages
First written in FY2018. 10 of 21 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2022: 2 of 23 companies on the "Worse" side.
14 other companies' latest entry also says "Advanced".
- FY2024-Q2AdvancedAnnual report
「The gross profit margin improved 12.6 percentage points year on year to 45.2%. The main reason was that inventory disposal in the apparel business had run its course and markdown sales had returned to normal.」
The improvement in gross margin was reflected in the figures as inventory disposal ran its course and discount sales returned to normal. - FY2024-Q1AdvancedAnnual report
「The gross margin improved 3.5 percentage points year on year to 45.8%. The main factor was that inventory disposal had run its course in the apparel business and discount sales had returned to normal.」
The company-wide gross margin improved 3.5 percentage points year on year to 45.8% as inventory disposal ran its course and discount sales returned to normal. - FY2023WorsenedAnnual report
「In the apparel business, in addition to higher costs as the yen weakened, the company made the complete clearance of carried-over inventory a priority and substantially deepened discounts at store-closing sales to clear the inventory. As a result, the gross profit margin fell 11.0 percentage points year on year to 31.4%,」
Although the company pursued measures to improve the manufacturing cost ratio, the full-year gross margin deteriorated substantially due to the weaker yen and deep discounting to fully clear inventory. - FY2023-Q3WorsenedAnnual report
「In the apparel business, in addition to higher costs as the yen weakened, the company made the complete clearance of carried-over inventory a priority and substantially deepened discounts at store-closing sales to clear the inventory. As a result, the gross profit margin fell 16.8 percentage points year on year to 30.8%,」
Although the company pursued cost reductions and measures to control the markdown rate, deep discounting to fully clear inventory amid the weaker yen resulted in a deterioration in gross margin improvement. - FY2023-Q2WorsenedAnnual report
「In the apparel business, in addition to higher costs as the yen weakened, the company made the complete clearance of carried-over inventory a priority and substantially deepened discounts at store-closing sales to clear the inventory. As a result, the gross profit margin fell 13.9 percentage points year on year to 33.3%,」
Despite efforts to reduce costs and control the markdown rate, the apparel business's gross margin deteriorated substantially as the weaker yen coincided with deep discounting to fully clear inventory. - FY2023-Q1WorsenedAnnual report
「In the apparel business, the gross profit margin deteriorated by 6.3 percentage points due to higher costs as the yen weakened and increased markdown sales at store-closing sales to clear inventory. The company-wide gross profit margin fell 5.7 percentage points to 43.1%, but gross profit increased 6.9% year on year to ¥474 million as a result of higher revenue.」
Despite efforts to reduce costs and control the markdown rate, the apparel business's gross margin deteriorated 6.3 percentage points due to the weaker yen and increased discount sales in store-closing sales. - FY2022WorsenedAnnual report
「In the apparel business, the company worked to improve its gross profit margin by reducing manufacturing costs and controlling markdown rates. However, higher costs due to yen depreciation and increased markdown sales resulting from weak sales prevented an improvement. The gross profit margin deteriorated by 4.0 percentage points year on year in the apparel business and by 3.7 percentage points overall.」
Although the company pursued reductions in manufacturing costs and measures to control the markdown rate, higher costs due to the weaker yen and increased markdown sales meant that cost-control measures at the manufacturing and sales stages did not improve the full-year gross margin. - FY2022-Q3WorsenedAnnual report
「During the quarter, we continued efforts to reduce costs and focused on strengthening distribution, reviewing the final markdown rate, and reducing markdowns by increasing the mix of core and miscellaneous-goods products, among other measures, in an effort to further improve the gross margin. However, the markdown rate was not reduced substantially, and the gross margin in the apparel business improved only 1.7 percentage points year on year.」
Although the company pursued cost reductions, strengthened distribution and reviewed the markdown rate, it did not achieve a substantial reduction in the markdown rate, and the gross margin improved by only 1.7 percentage points. - FY2022-Q2AdvancedAnnual report
「During the quarter, we continued efforts to reduce costs and focused on strengthening distribution, reviewing the final markdown rate, and reducing markdowns by increasing the mix of core and miscellaneous-goods products, among other measures, in an effort to further improve the gross margin.」
The company continued cost reductions, reviewed the markdown rate and increased the mix of core and miscellaneous-goods products, resulting in a 5.1-percentage-point year-on-year improvement in the apparel business's gross margin. - FY2022-Q1AdvancedAnnual report
「During the quarter, we continued efforts to reduce costs and focused on strengthening distribution, reviewing the final markdown rate, and reducing markdowns by increasing the mix of core and miscellaneous-goods products, among other measures.」
The company continued cost reductions, optimization of production and inventory allocation, reviews of the markdown rate, and increases in the mix of core and miscellaneous-goods products, with the improvement in the apparel business's gross margin reflected in the figures. - FY2021AdvancedAnnual report
「As a result of pursuing substantial reductions in manufacturing costs beginning with the fall 2020 product season, the apparel business improved its gross margin by 2.6 percentage points in the second half of the fiscal year.」
Measures to reduce manufacturing costs were implemented from the fall 2020 collection onward, resulting in a 2.6-percentage-point improvement in the apparel business's gross margin in the second half. - FY2021-Q3AdvancedAnnual report
「We also accelerated the shift of production sites in China and worked to achieve substantial cost reductions from the fall collection onward in order to improve the gross margin.」
The company accelerated the shift of production sites in China and pursued cost reductions from the fall collection onward. As a result, the gross margin in the apparel business improved in the third-quarter accounting period. - FY2020AdvancedAnnual report
「In the existing apparel business, improvements from reducing the manufacturing cost ratio and carried-over inventory resulted in a 2.2 percentage-point improvement in the gross margin from the same period of the previous fiscal year.」
The improvement in the gross margin of the existing apparel business was reflected in the figures through cost control at the planning and production stages, a review of production arrangements and reductions in carryover inventory. - FY2020-Q3AdvancedAnnual report
「In the existing apparel business, improvement was seen from a lower manufacturing cost ratio and reductions in carryover inventory, and the gross margin improved 1.9 percentage points year on year.」
The gross margin in the existing apparel business improved 1.9 percentage points year on year through a lower manufacturing cost ratio and reductions in carryover inventory. - FY2020-Q2AdvancedAnnual report
「In the existing apparel business, improvement was seen from a lower manufacturing cost ratio and reductions in carryover inventory, and the gross margin improved 2.0 percentage points year on year.」
The gross margin in the existing apparel business improved 2.0 percentage points year on year through a lower manufacturing cost ratio and reductions in carryover inventory. - FY2020-Q1AdvancedAnnual report
「In the existing apparel business, some progress was made in improving the cost ratio through a lower manufacturing cost ratio and reductions in carryover inventory.」
The existing apparel business showed some improvement in its cost ratio through a lower manufacturing cost ratio and reductions in carryover inventory. However, the consolidated gross margin fell 0.3 percentage points year on year. - FY2019WorsenedAnnual report
「Although we worked to improve the manufacturing cost ratio, factors reducing the gross margin included intensified sales of carried-over inventory and discounting to clear fall/winter merchandise. As a result, the gross margin was 48.7%, down 0.7 percentage points from the previous fiscal year, and did not improve.」
Although measures to improve the manufacturing cost ratio continued, the gross margin fell to 48.7% in the fiscal year, and the target for improving margins was not achieved. - FY2019-Q3RestatedAnnual report
「We have worked to improve the manufacturing cost ratio from the fall 2018 collection onward by reviewing pricing, developing new production arrangements and strengthening cost control.」
Since the fall 2018 collection, the company has continued measures to review pricing, production arrangements and cost control in order to improve the manufacturing cost ratio. - FY2019-Q2RestatedAnnual report
「We have worked to improve the manufacturing cost ratio from the fall 2018 collection onward by reviewing pricing, developing new production arrangements and strengthening cost control.」
Since the fall 2018 collection, the company has continued measures to review pricing, production arrangements and cost control in order to improve the manufacturing cost ratio. - FY2019-Q1RestatedAnnual report
「We have worked to improve the manufacturing cost ratio from the fall 2018 collection onward by reviewing pricing, developing new production arrangements and strengthening cost control.」
Since the fall 2018 collection, the company has continued measures to review pricing, production arrangements and cost control in order to improve the manufacturing cost ratio. - FY2018First statedAnnual report
「We will correct excessive sales targets for existing formats, optimize pricing, and strengthen efforts to improve the precision of cost control at the planning and production stages, including a review of production arrangements, with the aim of improving the manufacturing cost ratio.」
The company indicated that the manufacturing cost ratio had deteriorated due to a tendency to set low prices and less precise cost control at the planning and production stages, and for the first time independently identified reviews of pricing, production arrangements and cost control as specific measures.