Securing Stable Cash Flow and Reducing Interest-Bearing Debt
First written in FY2017. 6 of 14 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2022.
9 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「Meanwhile, on the expense side, we promoted low-cost operations, worked to reduce and rationalise various expenses and pursued effective expense management. In addition, personnel expenses declined following the voluntary retirements implemented in the previous fiscal year, and total selling, general and administrative expenses were 86.9% of the same period of the previous year.」
Following efforts to improve the cost structure through expense reductions, rationalization and lower personnel expenses resulting from the early-retirement program, selling, general and administrative expenses were 86.9% of the previous year's level. - FY2022-Q3AdvancedAnnual report
「The expense ratio also improved due to lower personnel expenses following the early-retirement program implemented in the previous fiscal year and controls on outsourcing costs. Together with lower interest expenses, this has led to a steady improvement in the earnings structure.」
The company states that the expense ratio and earnings structure have improved due to lower personnel expenses from the early-retirement program, controls on outsourcing costs and lower interest expenses. - FY2022-Q1AdvancedAnnual report
「At the 89th Annual General Meeting of Shareholders held on 24 May 2021, the proposal for a third-party allotment of new shares to AFC-HD Ams Life Science Co., Ltd. as the allottee was approved. Payment was completed on 26 May, resulting in a significant improvement in net assets and strengthening the company's financial position.」
Payment for the third-party allotment of new shares to AFC-HD was completed, resulting in improved net assets and a stronger financial position. - FY2021AdvancedAnnual report
「Meanwhile, on the expense side, we promoted low-cost operations, worked to reduce and rationalise various expenses and pursued effective expense management. In addition, personnel expenses declined following the implementation of voluntary retirements, and total selling, general and administrative expenses were 92.7% of the same period of the previous year.」
Selling, general and administrative expenses were reduced to 92.7% of the previous year's level through expense reductions and rationalization, as well as lower personnel expenses resulting from an early-retirement program. - FY2020AdvancedAnnual report
「As for expense-reduction measures, a key initiative under the strengthening of the financial position, the company added new measures to those implemented since the beginning of the fiscal year and sought to increase the savings achieved. As a result, total expenses came in within the plan.」
The company added new expense-reduction measures to existing initiatives and brought total expenses in line with the plan. - FY2020-Q1AdvancedAnnual report
「The company reduced personnel expenses by approximately ¥45 million year on year by reviewing executive compensation, promoting efficient staff allocation and minimizing replacement hiring for retirees and other departing employees. The company also brought forward some expense reductions scheduled for the second quarter.」
Personnel expenses were reduced by approximately ¥45 million year on year through measures including reviewing executive compensation, allocating staff efficiently and limiting replacement hiring for departing employees. - FY2019RaisedAnnual report
「The company will work to improve its earnings structure and secure stable cash flow by increasing gross profit by ¥130 million through higher sales and rental income resulting from measures to strengthen sales, while reducing expenses by ¥240 million through expense-reduction initiatives and low-cost operations enabled by greater operating efficiency. At the same time, it will continue reducing interest-bearing debt and work to strengthen its financial position.」
The company has outlined earnings improvement measures with quantified targets of increasing gross profit by ¥130 million and reducing expenses by ¥240 million, while continuing to reduce debt. - FY2019-Q3RaisedAnnual report
「With respect to strengthening its financial position, the company will pursue fundamental low-cost operations by reviewing its operations, including changing how various activities are managed, in addition to implementing low-cost operations that have already produced certain benefits. It will also seek to make effective use of human resources by reallocating employees from indirect departments to sales departments, among other measures.」
The company has expanded low-cost operations to include changes in how operations are managed and has outlined the use of human resources through reallocating employees from indirect departments to sales departments. - FY2019-Q2RestatedAnnual report
「Meanwhile, in strengthening the financial foundation, we promoted low-cost operations and continued to pursue effective expense management, resulting in performance in line with the plan, and we will continue to work to reduce various expenses and pursue effective expense management.」
The company continues low-cost operations, expense reductions and effective expense management as means of strengthening its financial position. - FY2019-Q1RestatedAnnual report
「Meanwhile, in strengthening the financial foundation, we are continuing to promote low-cost operations, work to reduce various expenses and pursue effective expense management.」
The company continues expense reductions and effective expense management as means of strengthening its financial position. - FY2018RestatedAnnual report
「The company will secure stable cash flow through higher sales resulting from measures to strengthen sales, while working to improve its earnings structure through newly introduced structural reform measures. At the same time, it will continue reducing interest-bearing debt and work to strengthen its financial position.」
The company has reaffirmed its policy of strengthening its financial position through a combination of stronger sales, structural reform and debt reduction. - FY2018-Q3RestatedAnnual report
「As part of measures to strengthen the financial foundation, we further promoted low-cost operations and worked to reduce various expenses, resulting in selling, general and administrative expenses coming in below plan.」
The company continues low-cost operations and expense reductions as means of strengthening its financial position. - FY2018-Q1RestatedAnnual report
「Meanwhile, in strengthening the financial foundation, we worked to reduce various expenses and pursued effective expense management in order to further promote low-cost operations.」
The company continues low-cost operations, expense reductions and effective expense management as means of strengthening its financial position. - FY2017First statedAnnual report
「The company will secure stable cash flow by promoting measures to strengthen sales, while reducing expenses through greater operating efficiency and continuing low-cost operations. It will thereby continue to reduce interest-bearing debt.」
The company has outlined measures to secure stable cash flow and further reduce interest-bearing debt through stronger sales, greater operating efficiency and expense reductions.