Improving Operating Profit through Expense Reductions
First written in FY2017-Q1. 10 of 21 entries say "Restated". Latest entry: FY2026.
- FY2026WorsenedAnnual report
「The cost of sales was ¥11,923 million, up 7.6% year on year, while selling, general and administrative expenses were ¥1,193 million, up 6.0% year on year due to increases in other expenses and related costs.」
Both the cost of sales and selling, general and administrative expenses increased, intensifying cost pressure against the trend of operating-profit improvement through expense reductions. - FY2026-H1WorsenedAnnual report
「Cost of sales 5,334,841 5,858,762 Total selling, general and administrative expenses 557,692 583,695」
The cost of sales and selling, general and administrative expenses both increased from the same interim period of the previous year. Operating profit increased, but the figures show a change in the opposite direction to improvement through expense reductions. - FY2025AdvancedAnnual report
「Selling, general and administrative expenses were ¥1,126 million, down 4.4% year on year due to lower other general and administrative expenses and other costs.」
Selling, general and administrative expenses were reduced 4.4% year on year due to lower other general and administrative expenses and other costs, while operating profit rose 67.7%. - FY2025-H1AdvancedAnnual report
「The textile-product manufacturing business reported revenue of ¥1,016 million, down ¥41 million, or 3.9%, year on year, as orders for automotive interior materials remained sluggish. However, efforts to reduce the cost of sales brought segment profit to ¥0 million, compared with a ¥10 million loss in the same interim period of the previous year.」
Despite sluggish orders for automotive interior materials, lower cost of sales nearly eliminated the textile-product manufacturing business's segment loss, reducing it from ¥10 million in the previous year. - FY2024WorsenedAnnual report
「The cost of sales was ¥11,015 million, up 4.2% year on year, while selling, general and administrative expenses were ¥1,178 million, up 1.4% year on year due to increases in other general and administrative expenses and other costs.」
Against the trend of operating-profit improvement through expense reductions, the cost of sales increased 4.2% and selling, general and administrative expenses increased 1.4% in the current fiscal year, resulting in a 44.4% decline in operating profit. - FY2023AdvancedAnnual report
「Selling, general and administrative expenses were ¥1,162 million, down 3.4% year on year due to lower personnel and other costs.」
Selling, general and administrative expenses were reduced 3.4% year on year due to lower personnel and other costs, contributing to a substantial increase in operating profit. - FY2022AdvancedAnnual report
「Demand for clothing and domestic automobiles remained sluggish, leaving revenue broadly unchanged at ¥1,731 million, up ¥11 million, or 0.7%, year on year. However, expense reductions narrowed the segment loss to ¥44 million, compared with a segment loss of ¥142 million in the previous fiscal year.」
Full-year results show that expense reductions narrowed the loss in the textile-product manufacturing business from ¥142 million in the previous year to ¥44 million. - FY2021AdvancedAnnual report
「The cost of sales was ¥10,697 million, down 5.5% year on year due to lower outsourcing costs and other factors. Selling, general and administrative expenses were ¥1,199 million, up 4.8% year on year, as other general and administrative expenses increased due to costs associated with the acquisition of property, plant and equipment.」
The company specifically reported a 5.5% year-on-year reduction in the cost of sales due in part to lower outsourcing costs. General and administrative expenses associated with the acquisition of property, plant and equipment, meanwhile, increased. - FY2020-Q3RestatedAnnual report
「Amid this business environment, the Group's revenue declined due in part to lower demand for textile-product manufacturing, but operating profit increased as it worked to reduce expenses.」
Even as revenue declined, the company worked to reduce expenses and increased operating profit. - FY2020-Q1AdvancedAnnual report
「Regarding expenses, the company successively replaced older cargo-handling machinery, sought to reduce equipment repair and fuel costs, and worked to improve operating efficiency and reduce costs.」
The company identified the successive replacement of older cargo-handling machinery, reductions in equipment repair and fuel costs, and improved operating efficiency as specific measures, while operating profit rose 57.6% year on year. - FY2019AdvancedAnnual report
「Operating profit increased due to lower expenses, including reduced outsourcing costs and the introduction of environmentally friendly hybrid machinery and vehicles.」
Operating profit rose 17.1% year on year due to lower expenses, including reduced outsourcing costs and the introduction of hybrid machinery and vehicles. - FY2019-Q3RestatedAnnual report
「Operating profit increased as the company worked to reduce expenses.」
Even as revenue declined, the company worked to reduce expenses and increased operating profit. - FY2019-Q2RestatedAnnual report
「Against this business backdrop, the company group actively pursued sales activities to increase revenue while working to reduce expenses, but revenue in the textile products manufacturing business turned negative as demand declined.」
The company continued its sales activities aimed at increasing revenue and its efforts to reduce expenses. Operating profit rose 9.0% from the cumulative figure for the same quarter of the previous year. - FY2018RestatedAnnual report
「Against this business backdrop, the company group pursued sales activities to attract port cargo while working to reduce selling expenses.」
The company continued its sales activities and efforts to reduce operating expenses. Full-year operating profit fell 4.4% due to an increase in the cost of sales. - FY2018-Q3RestatedAnnual report
「Against this business backdrop, the company group actively pursued sales activities to attract port cargo while working to reduce expenses, but cost of sales increased due to higher fuel costs and other factors.」
Although the company continued to reduce expenses, higher fuel and other costs increased the cost of sales. - FY2018-Q2RestatedAnnual report
「Against this business backdrop, the company group actively pursued sales activities to attract port cargo while working to reduce expenses, but cost of sales increased due to higher fuel costs and other factors.」
Although the company continued to reduce expenses, higher fuel and other costs increased the cost of sales. Operating profit rose 5.3% year on year. - FY2018-Q1RestatedAnnual report
「Against this business backdrop, the company group actively pursued sales activities to attract port cargo while working to reduce expenses, but cost of sales, including depreciation and fuel costs, increased.」
Although the company continued to reduce expenses, the cost of sales, including depreciation and fuel costs, increased, causing operating profit to fall 5.2% year on year. - FY2017RestatedAnnual report
「The company group pursued sales activities to attract port cargo while working to reduce selling expenses.」
The company continued to reduce operating expenses, and operating profit rose 36.2%, mainly due to a decrease in the cost of sales. - FY2017-Q3RestatedAnnual report
「Against this business backdrop, the company group pursued sales activities to attract port cargo while working to reduce selling expenses.」
The company continued to reduce operating expenses. Operating profit for the cumulative third quarter rose 46.6% year on year, but the main factor cited in the text was a decrease in the cost of sales. - FY2017-Q2RestatedAnnual report
「Against this business backdrop, the company group pursued active sales activities to attract port cargo while working to reduce selling expenses.」
The company continued to reduce operating expenses. Operating profit for the cumulative second quarter rose 75.7% year on year, but the main factor cited in the text was a decrease in the cost of sales. - FY2017-Q1First statedAnnual report
「Operating profit was ¥234 million, up ¥85 million, or 57.4%, year on year, due to increased cargo volumes and lower expenses.」
The company explicitly identified lower expenses as a means of improving operating profit, alongside increased cargo volumes.