Komori
Kamigumi (9364) · InitiativeSoftened

Improving Operating Profit Through SG&A Expense Reductions

First written in FY2017-Q2. 25 of 30 entries say "Softened", first in FY2018-Q1. Latest entry: 2026-08-13.

30entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseSoftenedFY2018-Q1 – FY2020SoftenedFY2022-Q1 – 2026-08-132016: 12017: 220172018: 420182019: 420192020: 420202021: 420212022: 320222023: 220232024: 320242025: 120252026: 22026
Same theme, other companies
Increase in selling, general and administrative expensesA theme 36 companies write about · 16 as a headwind · 16 as a tailwind

Kamigumi moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).

The whole theme swung hardest in 2026: 9 of 30 companies on the "Worse" side.

2 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 36 companies compared. The sentences above are computed from all 36.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-13SoftenedEarnings

    「Selling, general and administrative expenses 5,833 6,606」

    Selling, general and administrative expenses increased from ¥5,833 million in the previous year to ¥6,606 million, with no indication that lower SG&A expenses improved operating income.
  2. FY2026Selling, general and administrative expenses increased year on year, with no mention of any cost-saving effectAnnual report

    「Selling, general and administrative expenses 22,440 25,586」

    Selling, general and administrative expenses increased from ¥2,244.0 million in the same period of the previous year to ¥2,558.6 million, with no indication that operating profit improved through SG&A cost reductions.
  3. FY2025SoftenedAnnual report

    「Selling, general and administrative expenses 20,419 22,440」

    Selling, general and administrative expenses increased from ¥2,041.9 million in the same period of the previous year to ¥2,244.0 million, with no indication that operating profit improved through SG&A cost reductions.
  4. FY2025-H1SoftenedAnnual report

    「Selling, general and administrative expenses 10,257 10,907」

    Selling, general and administrative expenses increased from ¥1,025.7 million in the same period of the previous year to ¥1,090.7 million, with no indication that operating profit improved through SG&A cost reductions.
  5. FY2024SoftenedAnnual report

    「Selling, general and administrative expenses 19,771 20,419」

    Selling, general and administrative expenses increased from ¥1,977.1 million in the same period of the previous year to ¥2,041.9 million, with no indication that operating profit improved through SG&A cost reductions.
  6. FY2024-Q3SoftenedAnnual report

    「Selling, general and administrative expenses 15,121 15,409」

    Selling, general and administrative expenses increased from ¥1,512.1 million in the same period of the previous year to ¥1,540.9 million, with no indication that operating profit improved through SG&A cost reductions.
  7. FY2024-Q2SG&A expenses increased year on year, with no mention of any cost-saving effectAnnual report

    「Selling, general and administrative expenses 10,117 10,257」

    Selling, general and administrative expenses increased from ¥1,011.7 million in the same period of the previous year to ¥1,025.7 million, with no indication that operating profit improved through SG&A cost reductions.
  8. FY2024-Q1SoftenedAnnual report

    「Selling, general and administrative expenses 5,021 5,114」

    Selling, general and administrative expenses increased from ¥502.1 million in the same period of the previous year to ¥511.4 million, with no indication that operating profit improved through SG&A cost reductions.
  9. FY2023-Q2SoftenedAnnual report

    「Selling, general and administrative expenses 9,847 10,117」

    Selling, general and administrative expenses increased from ¥984.7 million in the same period of the previous year to ¥1,011.7 million, with no indication this time either of measures to improve operating profit through SG&A cost reductions.
  10. FY2022Selling, general and administrative expenses increased year on year, with no mention of any cost-saving effectAnnual report

    「Selling, general and administrative expenses 18,775 19,420」

    Selling, general and administrative expenses increased from ¥1,877.5 million in the same period of the previous year to ¥1,942.0 million, with no indication of measures to improve operating profit through SG&A cost reductions.
  11. FY2022-Q3SoftenedAnnual report

    「Selling, general and administrative expenses 14,141 14,655」

    Selling, general and administrative expenses increased from ¥14,141 million in the same period of the previous year to ¥14,655 million, with no indication of measures to improve operating profit through SG&A cost reductions.
  12. FY2022-Q2SoftenedAnnual report

    「Selling, general and administrative expenses 9,468 9,847」

    Selling, general and administrative expenses increased from ¥946.8 million in the same period of the previous year to ¥984.7 million, with no indication of measures to improve operating profit through SG&A cost reductions.
  13. FY2022-Q1SoftenedAnnual report

    「Selling, general and administrative expenses 4,728 4,820」

    Selling, general and administrative expenses increased from ¥472.8 million in the same period of the previous year to ¥482.0 million, with no indication of measures to improve operating profit through SG&A cost reductions.
  14. FY2021Selling, general and administrative expenses decreased year on year, but there is no explanation of cost reductions as a measureAnnual report

    「Selling, general and administrative expenses 19,079 18,775」

    Selling, general and administrative expenses decreased from ¥1,907.9 million in the same period of the previous year to ¥1,877.5 million. However, there is no mention of SG&A cost reductions as a measure to improve operating profit.
  15. FY2021-Q3RestatedAnnual report

    「Selling, general and administrative expenses 14,308 14,141」

    Selling, general and administrative expenses decreased from ¥1,430.8 million in the same period of the previous year to ¥1,414.1 million. There is no mention of SG&A cost reductions as a measure to improve operating profit.
  16. FY2021-Q2RestatedAnnual report

    「Selling, general and administrative expenses 9,633 9,468」

    Selling, general and administrative expenses decreased from ¥963.3 million in the same period of the previous year to ¥946.8 million. There is no mention of SG&A cost reductions as a measure to improve operating profit.
  17. FY2021-Q1SG&A expenses turned to a year-on-year decline, but there is no explanation of the cost-saving effectAnnual report

    「Selling, general and administrative expenses 4,868 4,728」

    Selling, general and administrative expenses decreased from ¥4,868 million in the same period of the previous year to ¥4,728 million, but there is no explanation that operating profit improved as a result of SG&A cost reductions.
  18. FY2020Selling, general and administrative expenses increased year on year, with no mention of any cost-saving effectAnnual report

    「Selling, general and administrative expenses 18,495 19,079」

    Selling, general and administrative expenses increased from ¥1,849.5 million in the same period of the previous year to ¥1,907.9 million, with no indication, even for the full fiscal year, that operating profit improved through SG&A cost reductions.
  19. FY2020-Q3Cumulative SG&A expenses increased year on year, with no mention of any cost-saving effectAnnual report

    「Selling, general and administrative expenses 13,937 14,308」

    Selling, general and administrative expenses increased from ¥1,393.7 million in the same period of the previous year to ¥1,430.8 million, and once again there is no indication that operating profit improved through SG&A cost reductions.
  20. FY2020-Q2SG&A expenses increased year on year, with no mention of any cost-saving effectAnnual report

    「Selling, general and administrative expenses 9,245 9,633」

    Selling, general and administrative expenses increased from ¥9,245 million in the same period of the previous year to ¥9,633 million, and once again there is no indication that operating profit improved through SG&A cost reductions.
  21. FY2020-Q1SoftenedAnnual report

    「Selling, general and administrative expenses 4,691 4,868」

    Selling, general and administrative expenses increased from ¥469.1 million in the same period of the previous year to ¥486.8 million, with no indication that operating profit improved through SG&A cost reductions.
  22. FY2019SoftenedAnnual report

    「Selling, general and administrative expenses 17,010 18,495」

    Selling, general and administrative expenses increased from ¥1,701.0 million in the same period of the previous year to ¥1,849.5 million, with no indication, even for the full fiscal year, that operating profit improved through SG&A cost reductions.
  23. FY2019-Q3SoftenedAnnual report

    「Selling, general and administrative expenses 12,793 13,937」

    Selling, general and administrative expenses increased from ¥12,793 million in the same period of the previous year to ¥13,937 million, and once again there is no indication that operating profit improved through SG&A cost reductions.
  24. FY2019-Q2SoftenedAnnual report

    「Selling, general and administrative expenses 8,558 9,245」

    Selling, general and administrative expenses increased from ¥855.8 million in the same period of the previous year to ¥924.5 million, with no indication that operating profit improved through SG&A cost reductions.
  25. FY2019-Q1SoftenedAnnual report

    「Selling, general and administrative expenses ¥4,292 million ¥4,691 million」

    Selling, general and administrative expenses increased from ¥4,292 million in the previous year同期 to ¥4,691 million, and the previously cited effect of reductions in selling, general and administrative expenses was again not indicated.
  26. FY2018SoftenedAnnual report

    「Selling, general and administrative expenses ¥16,609 million ¥17,010 million」

    Selling, general and administrative expenses increased from ¥16,609 million in the previous year同期 to ¥17,010 million, and the effect of reductions in selling, general and administrative expenses was not indicated even in the full-year explanation.
  27. FY2018-Q3SoftenedAnnual report

    「Selling, general and administrative expenses ¥12,508 million ¥12,793 million」

    Selling, general and administrative expenses increased from ¥12,508 million in the previous year同期 to ¥12,793 million, and the effect of reductions in selling, general and administrative expenses was again not indicated.
  28. FY2018-Q2SoftenedAnnual report

    「Selling, general and administrative expenses ¥8,399 million ¥8,558 million」

    Selling, general and administrative expenses increased from ¥8,399 million in the previous year同期 to ¥8,558 million, and the previously cited effect of reductions in selling, general and administrative expenses was again not indicated.
  29. FY2018-Q1SoftenedAnnual report

    「Selling, general and administrative expenses ¥4,267 million ¥4,292 million」

    The effect of reductions in selling, general and administrative expenses mentioned previously was not cited in the latest performance explanation, and selling, general and administrative expenses increased from ¥4,267 million in the previous year同期 to ¥4,292 million.
  30. FY2017-Q2First statedAnnual report

    「Operating profit increased 0.5% year on year to ¥11,257 million, due mainly to the effect of reductions in selling, general and administrative expenses.」

    The effect of reductions in selling, general and administrative expenses was identified separately for the first time as a factor contributing to the increase in operating profit.
Moved together

"Slowing global economic growth and uncertainty arising from the international situation" moved the same way as this thread, in the same document, in 21 of its 30 moves.

21126655★123456
  1. ★This thread
  2. 1Slowing global economic growth and uncertainty arising from the international situation21×
  3. 2Volatile Exchange Rates and Low Import and Export Cargo Volumes12×
  4. 3Resilience of the domestic logistics business and slight growth in port transport-related operations6×
  5. 4Declining competitiveness due to difficulties securing labor and rising labor costs6×
  6. 5Overall decline in revenue and profit5×
  7. 6Decline in handling of overseas-bound plant cargo5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kamigumi yet. It last moved in the Earnings of 2026-08-13: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving Operating Profit Through SG&A Expense Reductions | Kamigumi Co.,Ltd. (9364) | Komori