Structural reforms through the integration of sales offices and voluntary retirement
First written in FY2021-Q2. 5 of 11 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2024.
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- FY2024AdvancedAnnual report
「As an extraordinary loss, the company recognised ¥80 million in business structure improvement expenses based on the plan to review the logistics division as part of the structural reforms under the above-mentioned First Medium-Term Management Plan」
The logistics division was specifically included in the structural reforms under the First Medium-Term Management Plan, and the company recognised ¥80 million in business structure improvement expenses related to its review of the division. - FY2024-Q3AdvancedAnnual report
「As an extraordinary loss, the company recognised ¥80 million in business structure improvement expenses based on the plan to review the logistics division as part of the structural reforms under the above-mentioned First Medium-Term Management Plan」
As part of the structural reforms under the First Medium-Term Management Plan, the company recognised ¥80 million in business structure improvement expenses based on the plan to review the logistics division. The scope of the structural reforms has been extended specifically to the logistics division. - FY2023-Q2RestatedAnnual report
「As a result of efforts to reduce inventories by continuously curbing purchases of new products and reduce selling, general and administrative expenses and other costs through structural reforms」
The company continues to curb new purchases and reduce selling, general and administrative expenses and other costs through structural reforms. - FY2023-Q1RestatedAnnual report
「The company is building a stable earnings base by reviewing and reducing selling, general and administrative expenses and other costs through structural reforms.」
The company continues to review and reduce selling, general and administrative expenses and other costs through structural reforms and is working to stabilise its earnings base. - FY2022AdvancedAnnual report
「Although reductions resulting from the fundamental review of selling, general and administrative expenses and other costs through structural reforms advanced since the previous consolidated fiscal year progressed more than expected」
The company states that reductions in selling, general and administrative expenses and other costs through structural reforms since the previous fiscal year progressed more than expected. - FY2022-Q3RestatedAnnual report
「The company sought to mitigate the impact of the spread of COVID-19 by curbing purchases of new products and fundamentally reviewing and reducing selling, general and administrative expenses and other costs through structural reforms advanced since the previous fiscal year.」
The company continues to curb new purchases and fundamentally review and reduce selling, general and administrative expenses and other costs through structural reforms. - FY2022-Q2RestatedAnnual report
「The company is steadily curbing purchases of new products and fundamentally reviewing and reducing selling, general and administrative expenses and other costs through structural reforms advanced since the previous fiscal year.」
The company continues to curb new purchases and fundamentally review and reduce selling, general and administrative expenses and other costs through structural reforms under way since the previous fiscal year. - FY2022-Q1RestatedAnnual report
「The company sought to mitigate the impact of the spread of COVID-19 by curbing purchases of new products and fundamentally reviewing and reducing selling, general and administrative expenses and other costs through structural reforms advanced since the previous fiscal year.」
The company continues to curb new purchases and fundamentally review and reduce selling, general and administrative expenses and other costs through structural reforms under way since the previous fiscal year. - FY2021AdvancedAnnual report
「Under difficult operating conditions, the group solicited applications for voluntary retirement as part of its structural reforms, with the aim of establishing an efficient organisational and staffing structure to strengthen its management base.」
The company solicited applications for voluntary retirement and recognised costs including special retirement payments and outplacement support as business structure improvement expenses. The Nagoya branch and Sapporo sales office were closed in April 2021, and the integration of the Osaka branch and other locations is also under way. - FY2021-Q3AdvancedAnnual report
「In November, the company decided to advance structural reforms, including organisational restructuring through the integration of offices and sales locations and the solicitation of applications for voluntary retirement, and is pursuing further cost reductions through these initiatives.」
With respect to the structural reforms decided in November, the company is proceeding with the integration of sales offices, organisational restructuring and the solicitation of applications for voluntary retirement, while pursuing further cost reductions. It also recognised ¥160 million in business structure improvement expenses related to the voluntary retirement programme. - FY2021-Q2First statedAnnual report
「The company decided to implement structural reforms to shift management resources to growth areas and strengthen its corporate structure through substantial fixed-cost reductions.」
The company resolved to implement structural reforms on 12 November 2020, including the integration and closure of sales offices and other locations in Osaka, Nagoya and Sapporo, consolidation into the Kyoto and Tokyo branches, and plans to solicit approximately 40 applicants for voluntary retirement scheduled for 10 March 2021. It also specified the planned dates for integrating the sales offices and the application period.