Profitability-Oriented Sales Activities and Group Management Structure Reform

「Business restructuring expenses were recorded as consulting fees associated with the restructuring of the management structure of the company group.」

「During this period, as revenue remained weak in its core department store business, the Group focused on profitability-oriented sales activities and worked to improve management efficiency across the Group.」

「Although revenue declined partly because of extremely hot weather and heavy rainfall, the company improved its gross profit margin, continued to manage expenses closely, and worked to reduce selling, general and administrative expenses, securing higher profit as a result. Consolidated results for the interim consolidated accounting period were revenue of ¥7.992 billion, down 2.4% year on year; operating profit of ¥155 million, up 22.5%; ordinary profit of ¥174 million, up 28.2%; and interim net profit attributable to owners of the parent of ¥190 million, up 19.3%.」

「The company's management policy is to promote further reviews of its cost structure and greater operational efficiency, thereby strengthening its earnings base.」

「The Group's companies will seek to establish autonomous, self-sustaining management in which each company reliably generates profit through the two pillars of stronger sales capabilities and low-cost management.」

「In terms of profitability, although the lodging division of the hotel business struggled to grow, the company worked to manage expenses closely alongside growth in department store revenue.」

「In terms of profitability, although the recovery in the lodging division of the hotel business was delayed, the company worked to manage expenses closely alongside growth in department store revenue.」

「In terms of profitability, the company also continued to work to reduce selling, general and administrative expenses in a detailed manner.」

「Consolidated selling, general and administrative expenses were ¥8.036 billion, compared with ¥8.411 billion in the previous consolidated fiscal year. The company worked to reduce selling, general and administrative expenses through thorough, detailed expense management, including efforts to operate with a focus on cost-effectiveness, particularly for advertising expenses.」

「Although the company worked to reduce selling, general and administrative expenses, profitability remained under pressure because of rising costs, including utility expenses, and the delayed recovery of the hotel business.」

「In terms of profitability, the hotel business faced difficult conditions because of the seventh wave of infections, but the company continued to work to reduce selling, general and administrative expenses alongside a recovery in revenue.」

「In terms of profitability, the company continued to work to reduce selling, general and administrative expenses alongside a recovery in revenue.」

「In terms of profitability, the company worked to reduce selling, general and administrative expenses, but reported a loss because department store sales were weak and the decline in lodging and banquet demand at the hotel business persisted.」

「Going forward, the company will continue to prioritize the safety and security of customers and employees, promote measures to strengthen sales, work to further improve management efficiency, and pursue a recovery in earnings power.」

「In terms of profitability, although the department store business improved slightly during the second quarter, the company reported a loss partly because the hotel business remained weak.」

「In terms of profitability, the company worked to reduce selling, general and administrative expenses, but reported a loss because revenue declined substantially.」

「During this period, in its core department store business, the Group ended operations at its Takaoka store in August of the previous year to fundamentally improve its earnings structure, concentrated management resources at its Korinbo and Toyama stores, and worked to improve earnings power while also improving management efficiency across the Group and business performance.」

「In terms of profitability, the company continued to manage expenses closely, work to reduce selling, general and administrative expenses, and strive to secure profit.」

「In terms of profitability, in addition to increasing revenue, the company managed expenses closely and worked to reduce selling, general and administrative expenses to secure profit, while also recording extraordinary income.」

「In terms of profitability, the company continued to manage expenses closely, work to reduce selling, general and administrative expenses, and strive to secure profit.」

「In its core department store business, the company strengthened profitability-focused sales activities, worked to improve management efficiency across the Group, and pursued improvements in business performance.」

「In terms of profitability, the company continued to manage expenses closely, work to reduce selling, general and administrative expenses, and strive to secure profit.」

「In terms of profitability, the company continued to manage expenses closely, work to reduce selling, general and administrative expenses, and strive to secure profit.」

「In terms of profitability, the company continued to manage expenses closely, work to reduce selling, general and administrative expenses, and strive to secure profit.」

「In terms of profitability, the company continued to manage expenses closely, work to reduce selling, general and administrative expenses, and strive to secure profit.」

「In terms of profitability, the company continued to manage expenses closely and work to reduce selling, general and administrative expenses to secure profit, while recording extraordinary income from the sale of fixed assets.」

「During this period, the Group strengthened profitability-focused sales activities in its core department store business, promoted reforms of the management structure across the Group, and worked to improve business performance.」