Fixed-Cost Reduction Through Location Consolidation, Optimization of Personnel Allocation and Labor-Cost Reduction
First written in FY2020-Q1. 11 of 17 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1RestatedAnnual report
「In the service division, including vehicle inspections and repairs, the Group also worked to cut expenses, but the impact of lower sales was substantial, resulting in profit below the same period of the previous year.」
The company continued to reduce expenses in the service division of its automotive-related business, but operating profit fell below the same period of the previous fiscal year due to the impact of lower revenue. - FY2025AdvancedAnnual report
「Although new vehicle unit sales were below the previous fiscal year, strong used vehicle sales enabled the company to maintain revenue at approximately the previous year's level. On the earnings side, efforts to reduce expenses resulted in operating profit exceeding that of the previous fiscal year. As a result, revenue was ¥9,844 million, up 0.6% year on year, and operating profit was ¥160 million, up 4.4%.」
The company pursued expense reductions in its automotive-related business, and operating profit rose 4.4% from the previous fiscal year to ¥160 million despite a decline in new vehicle unit sales. - FY2024AdvancedAnnual report
「Operating profit returned to profitability and exceeded the previous fiscal year's level because selling, general and administrative expenses declined due to the transfer of businesses, store closures, and other factors. As a result, revenue was ¥8,613 million, down 11.3% from the previous fiscal year, and operating profit was ¥185 million, compared with a loss of ¥78 million in the previous fiscal year.」
The reduction in fixed costs and SG&A expenses resulting from business transfers and store closures was reflected in the distribution business's turnaround from an operating loss to operating profit of ¥185 million. - FY2024-Q3AdvancedAnnual report
「Against this backdrop, the Group sought to reduce costs by reviewing its Group management structure, including downsizing administrative functions, and improved business productivity by focusing on its core businesses. As a result, for the cumulative third-quarter consolidated period, it reported operating income of ¥253 million, up 76.5% year on year, and ordinary income of ¥182 million, up 660.4%, showing an improvement in profitability.」
Regarding cost reductions through measures such as scaling down administrative departments and focusing on core businesses, the company reports improved results for the cumulative third quarter in the form of higher operating profit and ordinary profit. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, the Group sought to reduce costs by reviewing its Group management structure, including downsizing administrative functions, and improved business productivity by focusing on its core businesses. As a result, for the cumulative second-quarter consolidated period, it reported operating income of ¥265 million, up 48.9% year on year, and ordinary income of ¥219 million, up 134.2%, showing an improvement in profitability.」
Regarding cost reductions through measures such as scaling down administrative departments and focusing on core businesses, the company reports new cumulative quarterly results in the form of improved operating profit and ordinary profit. - FY2024-Q1AdvancedAnnual report
「The company reduced costs by reviewing its group management structure, including downsizing administrative functions, and focused on its core businesses, thereby improving business productivity. As a result, for the cumulative first quarter of the current consolidated fiscal year, it reported operating income of ¥161 million, up 217.7% year on year, ordinary income of ¥138 million, up 3,515.1%, and profit attributable to owners of the parent of ¥159 million, compared with a loss of ¥23 million in the same period of the previous year, indicating an improvement in profitability.」
Regarding cost reductions through measures such as scaling down administrative departments and focusing on core businesses, the company reports measurable results in the form of improved productivity and operating profit of ¥161 million. - FY2023-Q1RestatedAnnual report
「The group worked to reduce selling, general and administrative expenses (SG&A expenses) in the current fiscal year and will work to achieve further reductions in SG&A expenses through its own efforts.」
The company continues to pursue further reductions in SG&A expenses as a measure to improve profitability. - FY2022RestatedAnnual report
「The Group will review the approach to Group management and control under the holding company structure, downsize the administrative functions of the Group as a whole and reassign surplus personnel to sales divisions.」
The company continues throughout the fiscal year to scale down administrative departments and reallocate surplus personnel to sales departments as measures to improve profitability. - FY2022-Q3RestatedAnnual report
「Under the holding company structure, the Group will reorganize and consolidate the administrative functions for optimal management of the Group as a whole, reduce administrative functions and reassign surplus personnel to the sales divisions.」
The company continues to consolidate and scale down administrative departments and reallocate personnel to sales departments as measures to reduce fixed costs and improve organizational efficiency. - FY2022-Q2RestatedAnnual report
「The group worked to reduce selling, general and administrative expenses (SG&A expenses) in the current fiscal year and will work to achieve further reductions in SG&A expenses through its own efforts.」
The company reconfirms its policy of continuing to reduce SG&A expenses and pursue further reductions through its own efforts. - FY2022-Q1RestatedAnnual report
「The group worked to reduce selling, general and administrative expenses (SG&A expenses) in the current fiscal year and will work to achieve further reductions in SG&A expenses through its own efforts.」
The company reconfirms its policy of continuing to reduce SG&A expenses and pursue further reductions through its own efforts. - FY2021-Q3RestatedAnnual report
「The group worked to reduce selling, general and administrative expenses (SG&A expenses) in the previous fiscal year and will work to achieve further reductions in SG&A expenses through its own efforts.」
The company reconfirms its policy of continuing to pursue further reductions in SG&A expenses through its own efforts, as it did in the previous fiscal year. - FY2021-Q2RestatedAnnual report
「The group worked to reduce selling, general and administrative expenses (SG&A expenses) in the previous fiscal year and will work to achieve further reductions in SG&A expenses through its own efforts.」
The company reconfirms its policy of continuing to pursue further reductions in SG&A expenses through its own efforts, as it did in the previous fiscal year. - FY2021-Q1RestatedAnnual report
「The group worked to reduce selling, general and administrative expenses (SG&A expenses) in the previous fiscal year and will work to achieve further reductions in SG&A expenses through its own efforts.」
The company reconfirms its policy of continuing to pursue further reductions in SG&A expenses through its own efforts, as it did in the previous fiscal year. - FY2020-Q3RestatedAnnual report
「The company will thoroughly review the administrative expenses of each group company, which have become excessive, and will optimize personnel allocation, including personnel reductions, by consolidating and closing locations and changing the organizational structure, with the aim of improving and upgrading operational efficiency. It will also work to further reduce fixed costs by cutting executive compensation, reducing employee salaries and bonuses, and cutting controllable expenses, including advertising and promotional costs.」
The company reconfirms measures to reduce fixed costs through consolidating and closing locations, optimizing personnel allocation, and reducing labor and advertising and promotional costs. - FY2020-Q2RestatedAnnual report
「The company will thoroughly review the administrative expenses of each group company, which have become excessive, and will optimize personnel allocation, including personnel reductions, by consolidating and closing locations and changing the organizational structure, with the aim of improving and upgrading operational efficiency. It will also work to further reduce fixed costs by cutting executive compensation, reducing employee salaries and bonuses, and cutting controllable expenses, including advertising and promotional costs.」
The company reiterates measures to reduce fixed costs through reviewing administrative expenses, consolidating and closing locations, optimizing personnel allocation, and reducing labor and advertising and promotional costs. - FY2020-Q1First statedAnnual report
「The company will thoroughly review the administrative expenses of each group company, which have become excessive, and will optimize personnel allocation, including personnel reductions, by consolidating and closing locations and changing the organizational structure, with the aim of improving and upgrading operational efficiency. It will also work to further reduce fixed costs by cutting executive compensation, reducing employee salaries and bonuses, and cutting controllable expenses, including advertising and promotional costs.」
The company lists the review of administrative expenses, consolidation and closure of locations, optimization of personnel allocation, reductions in executive compensation and employee salaries, and cuts in advertising and promotional costs as measures to reduce fixed costs.