Earnings improvement through reductions in selling, general and administrative expenses
First written in FY2022-Q1. 6 of 13 entries say "Advanced", first in FY2022-Q2. Latest entry: 2026-11-13.
The whole theme swung hardest in 2026: 13 of 45 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- 2026-11-13RestatedResults
「As a result, operating profit, ordinary profit and interim net profit attributable to owners of the parent all increased year on year, partly because the company continued to invest for future growth while also working to reduce costs.」
成長投資を継続しながらコスト削減にも取り組む方針を再確認し、営業利益等の増益実績と結び付けて記載している。 - FY2027-H1RestatedAnnual report
「As a result, operating profit, ordinary profit and interim net profit attributable to owners of the parent all increased year on year, partly because the company continued to invest for future growth while also working to reduce costs.」
The company continued growth investment while also working to reduce costs, resulting in higher operating profit, ordinary profit and interim net profit. - FY2026-H1AdvancedAnnual report
「Selling, general and administrative expenses were ¥13,487 million, down ¥133 million, or 1.0%, from the previous interim consolidated accounting period, as the company pursued cost reductions while continuing to invest for growth.」
The company pursued cost reductions while continuing to invest for growth, reducing selling, general and administrative expenses by 1.0% year on year. - FY2023AdvancedAnnual report
「As a result of launching new models, further implementing consultative selling tailored to customer needs, improving earnings power in used-vehicle sales, and continuing to optimize selling, general and administrative expenses through the integration of 3 Nissan sales companies carried out in fiscal 2021, operating income was ¥6,399 million, up ¥1,992 million, or 45.2%, from the prior year.」
By combining appropriate management of selling, general and administrative expenses with consultative sales and improved earnings capacity in used-car sales, the company achieved operating profit of ¥6,399 million, up 45.2% year on year. - FY2023-Q3RestatedAnnual report
「In addition, through the integration of 3 Nissan sales companies carried out in the prior fiscal year, we continued to further implement consultative selling tailored to customer needs, improve earnings power in the used-vehicle business and reduce selling, general and administrative expenses. As a result, operating income reached a record high of ¥4,689 million, up ¥2,173 million, or 86.4%, from the same quarter of the prior year; ordinary income reached a record high of ¥4,558 million, up ¥2,099 million, or 85.4%; and quarterly net income attributable to owners of the parent reached a record high of ¥2,752 million, up ¥1,378 million, or 100.2%.」
The company continued combining reductions in selling, general and administrative expenses with stronger consultative sales and improved earnings capacity in the used-car business, and all profit measures reached record highs. - FY2023-Q2AdvancedAnnual report
「Following the integration of 3 Nissan dealerships last year, the company worked to further reinforce consultative sales tailored to customer needs, improve earnings capacity in the used-car business and reduce selling, general and administrative expenses. As a result, operating profit was ¥3,090 million, up ¥1,614 million, or 109.3%, year on year.」
By combining reductions in selling, general and administrative expenses with stronger consultative sales and improved earnings capacity in the used-car business, the company achieved record operating profit of ¥3,090 million, up 109.3% year on year. - FY2023-Q1AdvancedAnnual report
「Operating income reached a record high as a result of thoroughly implementing consultative selling tailored to customer needs, expanding the used-vehicle and servicing businesses, and reducing selling, general and administrative expenses. Operating income was ¥1,085 million, up ¥549 million, or 102.7%, from the same quarter of the prior year.」
By combining reductions in selling, general and administrative expenses with expansion of the used-car and vehicle maintenance businesses and consultative sales, the company achieved record operating profit of ¥1,085 million, up 102.7% year on year. - FY2022RestatedAnnual report
「In addition, the integration of the 3 Nissan sales companies generated benefits from higher productivity and lower selling, general and administrative expenses」
The company continued throughout the fiscal year to pursue earnings improvement through productivity gains from integrating 3 dealerships and reductions in selling, general and administrative expenses. - FY2022-Q3RestatedAnnual report
「Productivity improvements from integrating 3 Nissan dealerships and the resulting reduction in selling, general and administrative expenses also enabled us to secure earnings broadly in line with the plan.」
The company stated that the effects of reducing selling, general and administrative expenses, together with productivity improvements from integrating 3 dealerships, contributed to securing earnings in the automotive-related business. - FY2022-Q2AdvancedAnnual report
「Although the used-car business sold fewer vehicles because of a decline in trade-ins of new vehicles, it secured earnings at around the usual level as the used-car market remained strong. The vehicle maintenance business also recorded higher earnings, and the effects of efforts to reduce selling, general and administrative expenses contributed to results. Revenue was ¥65,996 million, up ¥6,352 million, or 10.7%, year on year, while segment profit (operating profit) was ¥1,717 million, up ¥1,238 million, or 258.1%.」
The effects of efforts to reduce selling, general and administrative expenses were reported alongside higher earnings in the vehicle maintenance business and segment profit of ¥1,717 million in the automotive-related business, up 258.1% year on year. - FY2022-Q1First statedAnnual report
「With the safety of customers and employees as its top priority, our group worked to expand used-car and vehicle-servicing businesses and reduce selling, general and administrative expenses, centered on new-car sales.」
The company explicitly identified reductions in selling, general and administrative expenses as a group-wide initiative alongside expanding the used-car and vehicle maintenance businesses.