Increase in SG&A expenses associated with store expansion
First written in FY2018-Q3. 8 of 24 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026-H1.
3 other companies' latest entry also says "Other".
- FY2026-H1SG&A continues to increaseAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥756 million, up 19.5% year on year.」
Although the company worked to reduce store-related expenses, selling, general and administrative expenses increased 19.5% year on year due to new store openings and business expansion. - FY2024Continued reversal to an increase in SG&A expensesAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥1,006 million.」
Although the company continued to cut costs, selling, general and administrative expenses increased from ¥861 million in the previous fiscal year to ¥1,006 million due to new store openings and higher revenue. - FY2024-H1SG&A continues to increaseAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥483 million, up 19.1% year on year.」
Although the company worked to reduce store-related expenses, selling, general and administrative expenses for the interim period increased 19.1% year on year due to higher revenue and new store openings. - FY2024-Q1Reversal to an increase in SG&A expensesAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥237 million, up 20.5% year on year.」
Although the company worked to reduce store-related expenses, selling, general and administrative expenses increased 20.5% year on year due to higher revenue and new store openings. - FY2023AdvancedAnnual report
「Meanwhile, selling, general and administrative expenses were ¥861 million, down 9.7% year on year, due to store closures and cost-cutting measures.」
As a result of continuing store closures and cost-cutting measures, full-year selling, general and administrative expenses decreased 9.7% year on year. - FY2023-Q3AdvancedAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥627 million.」
The company continued to reduce store-related expenses, reducing selling, general and administrative expenses from ¥708 million in the previous fiscal year to ¥627 million. - FY2023-Q2AdvancedAnnual report
「The company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥405 million, down 16.0% year on year.」
The company continued to reduce store-related expenses, reducing selling, general and administrative expenses 16.0% year on year. - FY2023-Q1AdvancedAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥196 million, down 20.5% year on year.」
The company continued to reduce store-related expenses, reducing selling, general and administrative expenses 20.5% year on year. - FY2022AdvancedAnnual report
「Meanwhile, selling, general and administrative expenses were ¥953 million, down 20.2% year on year, due to store closures and cost-cutting measures.」
Selling, general and administrative expenses were reduced 20.2% year on year through store closures and cost-cutting measures. - FY2022-Q3AdvancedAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥708 million.」
The company continued to reduce store-related expenses, bringing selling, general and administrative expenses down from ¥858 million in the previous fiscal year to ¥708 million. - FY2022-Q2AdvancedAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥482 million, down 15.3% year on year.」
Selling, general and administrative expenses were reduced 15.3% year on year through reductions in store-related expenses. - FY2022-Q1AdvancedAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥247 million, down 13.8% year on year.」
Selling, general and administrative expenses were reduced 13.8% year on year through reductions in store-related expenses. - FY2021Progress in reducing SG&A expensesAnnual report
「Selling, general and administrative expenses were ¥1,195 million, down 29.6% year on year, due to store closures and cost-cutting measures.」
Selling, general and administrative expenses decreased 29.6% year on year due to store closures, reductions in rent and personnel expenses, and the downsizing of head-office functions. - FY2021-Q3RestatedAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥858 million.」
The company continues efforts to contain SG&A expenses by reducing store-related expenses. - FY2021-Q1RestatedAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥286 million.」
The company continues efforts to contain SG&A expenses by reducing store-related expenses. - FY2020-Q3Progress in reducing SG&A expensesAnnual report
「Meanwhile, the company worked to improve productivity through measures including staff redeployment and to reduce fixed costs, resulting in selling, general and administrative expenses of ¥1,334 million, down 28.4% year on year.」
Selling, general and administrative expenses decreased 28.4% year on year due to productivity improvements from staff redeployment and fixed-cost reductions. - FY2020-Q2Decrease in selling, general and administrative expensesAnnual report
「Meanwhile, the company worked to reduce store-related expenses, resulting in selling, general and administrative expenses of ¥988 million, down 16.2% year on year.」
Selling, general and administrative expenses decreased 16.2% year on year due to the reduction in the store network and cost-cutting measures. - FY2020-Q1SG&A expenses increased despite the reduction in the number of storesAnnual report
「Meanwhile, although the company worked to reduce store-related expenses, selling, general and administrative expenses were ¥630 million, up 13.1% year on year.」
Although the company worked to reduce store-related expenses, SG&A expenses increased 13.1% year on year, contributing to the expansion of the operating loss. - FY2019Full-year operating loss due to higher SG&A expensesAnnual report
「Selling, general and administrative expenses were ¥2,511 million, up 21.9% year on year, mainly due to increases in personnel expenses, store-related expenses and advertising expenses accompanying the increase in the number of stores.」
The continued increase in SG&A expenses accompanying store expansion led to a full-year operating loss of ¥116 million. - FY2019-Q3Pressure on earnings from startup and store-opening expensesAnnual report
「In addition to the costs required for these startups, new store openings and format changes, sales declined due to umbrella inventory shortages and yukata event sales were sluggish. As a result, sales in the Goods business were ¥1,693.458 million, up ¥217.592 million year on year, while segment profit was ¥238.228 million, down ¥28.596 million year on year.」
Costs for new businesses, new store openings and format changes were incurred, and although sales increased, segment profit in the Goods business declined. - FY2019-Q2RestatedAnnual report
「Selling, general and administrative expenses 984,339 1,178,448」
Selling, general and administrative expenses increased from ¥984.339 million in the same period of the previous year to ¥1,178.448 million, resulting in an operating loss. - FY2019-Q1Profit decline due to aggressive store-opening costsAnnual report
「Following the first store openings in Hokkaido and Shikoku at the end of the previous year, the company also opened stores in the Chugoku region, expanding its store network across Japan as far as Okinawa to capture domestic consumption, but increased costs from aggressive store openings resulted in lower profit.」
While the company aggressively expanded its store network, higher store-opening costs became a factor behind the decline in profit in the Goods business. - FY2018Continued pressure on earnings from rising SG&A expensesAnnual report
「Selling, general and administrative expenses increased to ¥2,059.186 million, up 20.4% year on year, mainly because personnel expenses, store-related expenses and advertising and promotional expenses increased as the number of stores grew.」
The increase in personnel expenses, store-related expenses and advertising and promotional expenses accompanying store expansion continued for the full fiscal year, resulting in a 20.4% year-on-year increase in SG&A expenses. - FY2018-Q3First statedAnnual report
「Selling, general and administrative expenses increased to ¥1,525.313 million, up 22.1% year on year, mainly because personnel expenses, store-related expenses and advertising and promotional expenses increased as the number of stores grew.」
Personnel expenses, store-related expenses and advertising and promotional expenses increased as the number of stores grew, resulting in a 22.1% year-on-year increase in selling, general and administrative expenses.