Improving profitability by reducing operating expenses
First written in FY2021-Q2. 4 of 5 entries say "Advanced", first in FY2021-Q3. Latest entry: 2026-04-30.
- 2026-04-30AdvancedEarnings
「This was mainly attributable to improved margins and expense reductions resulting from more efficient sales activities.」
In the Home Life Business, improved margins and expense reductions from more efficient sales activities are specifically cited as factors behind the increase in profit. - FY2026-H1AdvancedAnnual report
「Profit from operating activities was ¥227 million, an improvement of ¥235 million from the year-earlier period. This was mainly due to improved margins and reductions in expenses associated with more efficient operating activities.」
In the Home Life business, improved margins and reductions in expenses associated with more efficient operating activities improved profit from operating activities year on year. - FY2021AdvancedAnnual report
「Gross profit increased by ¥471 million from the previous fiscal year to ¥86.889 billion. The main factors were that, although sales volumes declined in all segments due to the impact of COVID-19, sales of household LP gas remained firm on stay-at-home demand, along with operations in the petroleum products import and export business that responded to crude oil price movements.」
Amid declining sales volumes, the company secured profit through stay-at-home demand, import and export operations responding to crude oil price movements, reductions in operating expenses, and other measures, increasing gross profit by ¥471 million. - FY2021-Q3AdvancedAnnual report
「Profit from operating activities was ¥3.822 billion, up 71.4% from the year-earlier period, and quarterly net profit attributable to owners of the company was ¥3.006 billion, up 95.6%. This was mainly due to operations in the petroleum products import and export business that responded to crude oil price movements and reductions in operating expenses.」
In the Industrial Business segment, operations responding to crude oil price movements and reductions in operating expenses increased profit from operating activities by 71.4% year on year and quarterly net profit by 95.6%. - FY2021-Q2First statedAnnual report
「This was mainly due to the fact that, although sales volumes declined in all segments due to the impact of COVID-19, sales volumes of household LP gas and electricity remained firm on stay-at-home demand, together with operations in the petroleum products import and export business that responded to crude oil price movements and reductions in operating expenses.」
The company cites reductions in operating expenses as one factor supporting earnings amid declining sales volumes and contributing to higher profit.