Cash Flow Management and Cost Control Amid COVID-19
First written in FY2020-Q2. 8 of 13 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2025-H1.
1 other company's latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Meanwhile, the Company worked to reduce store-related expenses, but selling, general and administrative expenses amounted to ¥632.474 million, up 31.1% year on year.」
Although measures to reduce store-related expenses continued, selling, general and administrative expenses increased by 31.1% year on year due to store openings and business expansion. - FY2023AdvancedAnnual report
「Across all stores, the Company negotiated rent reductions, reduced personnel expenses and scaled back head-office functions. Selling, general and administrative expenses amounted to ¥860.555 million, down 9.7% year on year.」
The Company continued cost-control measures covering rent, personnel expenses and head-office functions, reducing full-year selling, general and administrative expenses by 9.7% year on year. - 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.」
As a result of continued reductions in store-related expenses, selling, general and administrative expenses declined by 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, lowering selling, general and administrative expenses in the first quarter by 20.5% year on year. - FY2022AdvancedAnnual report
「Selling, general and administrative expenses amounted to ¥953.192 million, down 20.2% year on year, following store closures and cost reductions.」
The Company continued to close stores and cut costs, reducing selling, general and administrative expenses by 20.2% year on year. - FY2022-Q3RestatedAnnual report
「The Group worked to rebuild its sales structure and optimise business costs,」
The Company continued to optimise costs through the restructuring of its sales structure, reductions in store-related expenses and personnel reductions. - 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.」
The Company continued to reduce store-related expenses, lowering selling, general and administrative expenses by 15.3% year on year. - FY2022-Q1AdvancedAnnual report
「The Group worked to rebuild its sales structure and optimise business costs,」
The Group continued to rebuild its sales structure and optimise business costs, reducing selling, general and administrative expenses by 13.8% year on year. - FY2021AdvancedAnnual report
「Across all stores, the Company negotiated rent reductions, reduced personnel expenses, scaled back head-office functions and relocated warehouses.」
The Company implemented cost-control measures covering rent, personnel expenses, head-office functions and warehouses, reducing selling, general and administrative expenses by 29.6% year on year. - FY2021-Q2RestatedAnnual report
「Although the Company worked to rebuild its sales structure and optimise business costs, revenue declined significantly in the six months ended the current second quarter, as it had in the previous consolidated fiscal year,」
The Company continued to optimise costs through the restructuring of its sales structure, reductions in store-related expenses and personnel reductions. - FY2021-Q1RestatedAnnual report
「Since spring 2020, the Company has been reducing costs by closing unprofitable stores and cutting personnel.」
The Company has described the closure of unprofitable stores and personnel reductions as ongoing cost-cutting measures since spring 2020. - FY2020-Q3AdvancedAnnual 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.」
As part of its liquidity and cost-control measures, the Company redeployed personnel and reduced fixed costs, lowering selling, general and administrative expenses by 28.4% year on year. - FY2020-Q2First statedAnnual report
「To secure liquidity, the Company obtained bank loans. It also worked to control costs by using the tax and social insurance payment moratoriums under the emergency economic measures and negotiating rent deferrals and reductions.」
Amid declining revenue due to the spread of the infection, the Company began liquidity and cost-control measures combining bank borrowings, tax payment deferrals, and rent payment deferrals and reduction negotiations.