Promoting Low-Cost Operations
First written in FY2017-Q1. 17 of 32 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-10-15.
The whole theme swung hardest in 2022: 7 of 34 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2025AdvancedAnnual report
「The opening of a large tenant at the Yokosuka store reduced the sales floor area of the department store business and lowered store management costs. In addition, steady progress in the low-cost operations that have continued from before improved the expense-to-sales ratio by 7.8 percentage points (57.2% to 49.4%).」
Lower store management costs following the opening of a large tenant and low-cost operations improved the expense-to-sales ratio from 57.2% to 49.4%, an improvement of 7.8 percentage points. - FY2026-H1RestatedAnnual report
「On the expense side, we continue to promote low-cost operations, including the cost savings resulting from the increase in rental space.」
Low-cost operations continue, including the cost savings resulting from the increase in rental space. - FY2024AdvancedAnnual report
「The opening of a large tenant at the Yokosuka store reduced the sales floor area of the department store business and lowered store management costs. In addition, steady progress in the low-cost operations that have continued from before improved the expense-to-sales ratio by 7.8 percentage points (57.2% to 49.4%).」
Lower store management costs following the opening of a large tenant and low-cost operations improved the expense-to-sales ratio from 57.2% to 49.4%, an improvement of 7.8 percentage points. - FY2025-Q1RestatedAnnual report
「On the expense side, we continue to promote thorough low-cost operations, and the increase in rental space has enabled us to significantly reduce selling, general and administrative expenses.」
The filing continues to cite reductions in selling, general and administrative expenses through thorough low-cost operations and the increase in rental space. - FY2024-Q4AdvancedAnnual report
「On the expense side, we continued to promote thorough low-cost operations, and the increase in rental space enabled us to significantly reduce selling, general and administrative expenses.」
The continued promotion of low-cost operations, together with the increase in rental space, reduced selling, general and administrative expenses from ¥1,648 million in the same period of the previous year to ¥1,329 million. - FY2024-Q3AdvancedAnnual report
「On the expense side, we continued to promote thorough low-cost operations, and the increase in rental space enabled us to significantly reduce selling, general and administrative expenses from the previous fiscal year.」
The continued promotion of low-cost operations, together with the increase in rental space, led to a significant reduction in selling, general and administrative expenses from the previous fiscal year. - FY2023AdvancedAnnual report
「The opening of a large tenant at the Fujisawa store reduced the sales floor area of the department store business and lowered store management costs. In addition, steady progress in the low-cost operations that have continued from before improved the expense-to-sales ratio by 8.5 percentage points (65.7% to 57.2%).」
Lower store management costs following the opening of a large tenant and low-cost operations improved the expense-to-sales ratio from 65.7% to 57.2%, an improvement of 8.5 percentage points. - FY2024-Q1RestatedAnnual report
「On the expense side, we have continued to reduce various expenses through the ongoing promotion of low-cost operations.」
Reductions in various expenses through low-cost operations continue. - FY2023-Q4Continued expense reductions alongside the burden of higher utility costsAnnual report
「On the expense side, although higher utility costs resulting from soaring fuel prices and exchange-rate fluctuations have been a significant burden, continued reductions in various expenses through the promotion of low-cost operations have limited the increase in selling, general and administrative expenses to a slight year-on-year rise.」
While higher utility costs resulting from fuel prices and exchange-rate fluctuations were a burden, continued expense reductions through low-cost operations limited the increase in selling, general and administrative expenses to a slight year-on-year rise. - FY2023-Q3Expense reduction measures alongside higher utility costsAnnual report
「On the expense side, in addition to reducing various expenses through the continued promotion of low-cost operations, we reduced guarantee fees for gift certificate payments and executive compensation. However, selling, general and administrative expenses exceeded the previous year's results because of higher fuel prices and utility costs that rose more than expected due to exchange-rate fluctuations.」
Although low-cost operations and reductions in guarantee fees for gift certificate payments and executive compensation continued, selling, general and administrative expenses exceeded the previous year's results because of higher utility costs resulting from higher fuel prices and exchange-rate fluctuations. - FY2023-Q1AdvancedAnnual report
「On the expense side, in addition to reducing various expenses through the promotion of low-cost operations, we reduced interest on borrowings, guarantee fees for gift certificate payments and executive compensation. As a result, ordinary profit was positive for 3 consecutive months.」
In addition to conventional expense reductions, interest on borrowings, guarantee fees for gift certificate payments and executive compensation were reduced, and ordinary profit was positive for 3 consecutive months. - FY2022AdvancedAnnual report
「Meanwhile, on the expense side, we promoted low-cost operations and, in addition to reducing various expenses, reduced interest on borrowings, guarantee fees for gift certificate payments, executive compensation and rent paid.」
In addition to conventional expense reductions, specific measures were implemented to reduce interest on borrowings, guarantee fees for gift certificate payments, executive compensation and rent paid. - 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.」
Low-cost operations, expense reductions and rationalisation, and lower personnel expenses following voluntary retirements resulted in selling, general and administrative expenses falling to 86.9% of the same period of the previous year. - FY2022-Q3AdvancedAnnual report
「Meanwhile, on the expense side, we promoted low-cost operations, worked to reduce various expenses and continued to pursue 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 87.5% of the same quarter of the previous year.」
Low-cost operations, expense management and lower personnel expenses following voluntary retirements in the previous fiscal year resulted in selling, general and administrative expenses falling to 87.5% of the same period of the previous year. - FY2022-Q1AdvancedAnnual report
「Meanwhile, on the expense side, we promoted low-cost operations, worked to reduce various expenses and continued to pursue 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 92.4% of the same quarter of the previous year.」
Expense reduction measures and lower personnel expenses following voluntary retirements brought selling, general and administrative expenses down to 92.4% of the same period of the previous year. - 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.」
Low-cost operations, expense reductions and rationalisation, and lower personnel expenses following voluntary retirements resulted in selling, general and administrative expenses falling to 92.7% of the same period of the previous year. - FY2021-Q3AdvancedAnnual report
「Meanwhile, on the expense side, we promoted low-cost operations, worked to reduce various expenses and continued to pursue effective expense management. In addition, personnel expenses declined following the retirement of employees who opted for voluntary retirement, and total selling, general and administrative expenses were 91.0% of the same period of the previous year.」
In addition to low-cost operations, expense reductions and effective expense management, lower personnel expenses following voluntary retirements contributed to selling, general and administrative expenses falling to 91.0% of the same period of the previous year. - FY2021-Q1AdvancedAnnual report
「Meanwhile, on the expense side, we promoted low-cost operations, worked to reduce various expenses and continued to pursue effective expense management. In addition, as a result of efforts to significantly reduce variable costs such as advertising and selling expenses following the temporary store closures, total selling, general and administrative expenses were 88.5% of the same quarter of the previous year.」
Low-cost operations and reductions in variable costs associated with the temporary store closures resulted in selling, general and administrative expenses falling to 88.5% of the same quarter of the previous year. - FY2019AdvancedAnnual report
「Selling, general and administrative expenses for the fiscal year under review decreased by ¥67 million as a result of promoting low-cost operations and pursuing effective expense management, to ¥4,168 million, or 98.4% of the previous fiscal year.」
As a result of low-cost operations, selling, general and administrative expenses decreased by ¥67 million, to 98.4% of the previous year's level. - FY2019-Q3RaisedAnnual report
「With respect to "strengthening the financial foundation," in addition to implementing low-cost operations, which have produced certain results, we will promote fundamental low-cost operations by reviewing operations more broadly, including changing how various operations are conducted.」
The scope of the measures has expanded beyond conventional expense reductions to fundamental low-cost operations involving changes to how various operations are conducted. - 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 filing states that low-cost operations, expense reductions and effective expense management continued and that performance was in line with the plan. - 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.」
Low-cost operations, expense reductions and effective expense management continue. - FY2018AdvancedAnnual report
「Selling, general and administrative expenses for the fiscal year under review decreased by ¥334 million as a result of efforts to reduce various expenses and pursue effective expense management in order to further promote low-cost operations, to ¥4,235 million, or 92.7% of the previous fiscal year.」
Expense reductions and effective expense management reduced selling, general and administrative expenses by ¥334 million from the previous fiscal year, to 92.7% of the prior-year level. - 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 filing again states that low-cost operations and expense reductions continued and that selling, general and administrative expenses came in below plan. - FY2018-Q2AdvancedAnnual report
「Meanwhile, in strengthening 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 filing states that expense reductions led selling, general and administrative expenses to come in below plan. - 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.」
Expense reductions and effective expense management continue as measures to strengthen the financial foundation under the new medium-term management plan. - FY2017RestatedAnnual report
「Meanwhile, to further promote low-cost operations, we worked to reduce various expenses and pursued effective expense management, including a review of expense allocation.」
Low-cost operations through expense reductions and a review of expense allocation continued in the annual results. - FY2017-Q3RestatedAnnual report
「Meanwhile, to further promote low-cost operations, we worked to reduce various expenses and pursued effective expense management, including a review of expense allocation.」
Low-cost operations through expense reductions and a review of expense allocation continue. - FY2017-Q2RestatedAnnual report
「Meanwhile, to further promote low-cost operations, we worked to reduce various expenses and pursued effective expense management, including a review of expense allocation.」
Low-cost operations through expense reductions and a review of expense allocation continue. - FY2017-Q1First statedAnnual report
「Meanwhile, to further promote low-cost operations, we worked to reduce various expenses and pursued effective expense management, including a review of expense allocation.」
Cost management is being advanced through expense reductions and a review of expense allocation.