Higher personnel and logistics costs and increased selling, general and administrative expenses from opening company-operated stores
First written in FY2018-Q2. 6 of 14 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2027-H1.
10 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「In terms of profit, while raw material prices and logistics costs continued to rise, we revised the prices of certain products and promoted cost reductions using group synergies, productivity improvements and optimization of selling, general and administrative expenses. As a result, we maintained the gross profit margin at a certain level and worked to secure profitability.」
In response to higher raw-material and logistics costs, the Company advanced price revisions, cost reductions through group synergies, productivity improvements, and optimization of selling, general and administrative expenses, maintaining the gross profit margin at a certain level. - FY2026AdvancedAnnual report
「As a result of continuing cost measures through group coordination and reviewing product prices from the previous consolidated fiscal year, the gross profit margin exceeded the same period of the prior year by 2.1 percentage points, representing a significant increase.」
Cost-control measures through group-company coordination and product-price reviews continued, improving the consolidated gross profit margin by 2.1 percentage points year on year. - FY2026-H1MitigatedAnnual report
「As a result of continuing cost measures through group collaboration and reviewing product prices from the previous consolidated fiscal year, the gross profit margin exceeded that of the same period of the previous year by 5.0 percentage points, and gross profit increased substantially.」
Cost-control measures through group-company coordination and product-price reviews improved the gross profit margin by 5.0 percentage points year on year amid rising costs. - FY2025-H1MitigatedAnnual report
「Amid a more severe cost environment than in the previous fiscal year due to foreign-exchange movements and higher crude oil prices, continued price increases for handkerchief products and price reviews for other products, carried over from the previous consolidated fiscal year, proved effective. As a result, the gross profit margin was 0.7 percentage points higher than in the prior-year period.」
In response to the deterioration in the cost environment caused by foreign-exchange movements and higher crude oil prices, price increases for handkerchief products and price reviews for other products continued, lifting the gross profit margin by 0.7 percentage points year on year. - FY2024MitigatedAnnual report
「Amid severe conditions in which procurement costs rose, particularly due to foreign-exchange movements and higher crude oil prices, the Company implemented cost-control measures, including coordination with group companies responsible for production. It raised the price of handkerchief products for the first time in several decades and revised prices for other products. These measures did not adversely affect sales, and inbound demand also remained solid, enabling the Company to achieve higher sales and higher profit.」
Although procurement costs rose due to foreign-exchange movements and higher crude oil prices, higher sales and higher profit were achieved through coordination with group companies, price revisions, and inbound demand. - FY2024-Q3MitigatedAnnual report
「The cost environment was more challenging than in the previous fiscal year due to foreign exchange movements and higher crude oil prices. After implementing cost measures, including coordination with group companies responsible for production, raising the prices of handkerchief products whose prices had remained unchanged for several decades, and reviewing the prices of other products, sales were not adversely affected. In addition, the recovery in inbound demand proceeded steadily, enabling gross profit to reach 115.3% of the previous fiscal year's level, a substantial increase.」
In response to higher costs caused by foreign-exchange movements and higher crude oil prices, the Company coordinated with group companies and implemented price revisions and product-price reviews, bringing the gross profit margin to 115.3% of the prior-year level. - FY2023-Q2MitigatedAnnual report
「From the perspective of maintaining business continuity, we worked to optimize inventory levels, reduce expenses and review investments, while also using forward exchange contracts and reviewing certain product prices based on the assumption that the yen's depreciation would continue, in an effort to control costs.」
To address the weaker yen and rising costs, the Company worked to reduce costs through expense reductions, investment reviews, foreign-exchange forward contracts, and revisions to selected product prices. - FY2022-Q3RestatedAnnual report
「From the perspective of maintaining business continuity, we continued to pursue initiatives such as cost reductions and a review of investments, while also reviewing staffing arrangements in response to lower distribution-center utilization and working to control expenses.」
Staffing arrangements were reviewed in response to lower distribution-center utilization, while cost reductions and investment reviews continued. - FY2022-Q2Cost controls in response to lower distribution-center utilizationAnnual report
「In response to lower distribution-center utilization, we reviewed staffing arrangements and worked to control expenses.」
Against the backdrop of lower distribution-center utilization, staffing arrangements were reviewed to control expenses. - FY2020-Q1RestatedAnnual report
「In the retail industry, higher personnel and logistics costs resulting from work-style reforms, as well as the effects of the consumption-tax increase scheduled for October this year and unsettled weather,」
Higher personnel and logistics costs resulting from work-style reforms continued to be cited as a burden on the business environment. - FY2019-Q2RestatedAnnual report
「Across all businesses, sales grew year on year, but operating loss and ordinary loss unfortunately increased from the prior-year period due to the decline in gross profit and the increase in selling, general and administrative expenses.」
The increase in selling, general and administrative expenses continues to be cited as a factor behind the increases in operating loss and ordinary loss. - FY2018RestatedAnnual report
「SG&A expenses rose to 101.7% year on year due to higher personnel and logistics costs and higher costs associated with opening company-operated stores, and」
Higher personnel and logistics costs and increased expenses associated with opening company-operated stores continued to push up selling, general and administrative expenses for the full year. - FY2018-Q3RestatedAnnual report
「As in the upward trend during the first half, SG&A expenses rose to 103.1% year on year due to higher personnel and logistics costs and higher costs associated with opening company-operated stores, and」
Higher personnel and logistics costs and increased expenses from opening company-operated stores continued, bringing selling, general and administrative expenses to 103.1% of the prior-year level. - FY2018-Q2First statedAnnual report
「SG&A expenses rose to 103.3% year on year due to higher personnel and logistics costs and higher costs associated with opening company-operated stores, and」
Higher personnel and logistics costs and increased expenses associated with opening company-operated stores pushed selling, general and administrative expenses to 103.3% of the prior-year level and were cited as factors behind the decline in operating profit.