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Rikei (8226) · InitiativeRecognition of head office relocation costs and other expenses

Cost optimization through the integration and reorganization, downsizing, and withdrawal of unprofitable businesses

First written in FY2020. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q3.

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ProgressHeldSoftenedWorseFirst statedFY2020AdvancedFY2021OtherFY2022-Q2 – FY2022-Q32020: 120202021: 220212022: 12022
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Showing 14 of the 102 companies compared. The sentences above are computed from all 102.
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  1. FY2022-Q3Recognition of head office relocation costs and other expensesAnnual report

    「The Company recorded head office relocation costs and other expenses as an extraordinary loss,」

    In connection with the head office relocation carried out as a measure to optimize expenses and improve the workplace environment, head office relocation costs and related expenses have been recorded as extraordinary losses.
  2. FY2022-Q2Recognition of head office relocation costs and other expensesAnnual report

    「The Company recorded head office relocation costs and other expenses as an extraordinary loss,」

    In connection with the head office relocation carried out as a measure to optimize expenses and improve the workplace environment, head office relocation costs and related expenses have been recorded as extraordinary losses.
  3. FY2021AdvancedAnnual report

    「In May 2021, the Company relocated its head office to reduce expenses and improve the workplace environment, as described below.」

    As an expense optimization and reallocation measure, the Company relocated its head office in May 2021, also improving the workplace environment. The planned relocation investment was ¥58 million.
  4. FY2020First statedAnnual report

    「In response to changes in the market environment, the Company is considering integrating and restructuring, downsizing or withdrawing from businesses where profits cannot be expected. Through these measures, it aims to optimize and reallocate expenses.」

    As a basic policy of the new medium-term management plan, the Company explicitly identified the consideration of integrating and restructuring, downsizing or withdrawing from unprofitable businesses, and optimizing and reallocating expenses as a separate issue to be addressed.
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Cost optimization through the integration and reorganization, downsizing, and withdrawal of unprofitable businesses | RIKEI CORPORATION (8226) | Komori