SG&A Cost Reduction

「Selling, general and administrative expenses 9,545 9,631」

「Selling, general and administrative expenses 9,226 9,545」

「Selling, general and administrative expenses 14,209 13,869」

「Selling, general and administrative expenses 9,696 9,226」

「Selling, general and administrative expenses 4,811 4,472」

「Total selling, general and administrative expenses decreased from ¥21,102 million to ¥18,903 million.」

「Selling, general and administrative expenses 15,817 14,209」

「In addition to continuing measures against COVID-19 from the previous year, we pursued initiatives including promoting delivery and takeout services, strengthening the external sales business, improving our flexible response to the use of stores, including banquets, lowering the break-even point through company-wide cost reductions, and continuing to promote rebranding.」

「To enhance corporate value and achieve a rapid improvement in business performance, the Group continued measures against COVID-19 and pursued initiatives including delivery and takeaway services, strengthening its external sales business, greater flexibility in responding to how stores are used, including for banquets, company-wide cost reductions, and continued rebranding.」

「In addition to reducing the cost ratio through measures such as reducing purchase lot sizes, managing losses and making bulk purchases by leveraging our scale, we will take fundamental steps to reduce various expenses, including ongoing negotiations with the landlords of each store to lower rents and lease payments.」

「Although gross profit declined due to the decrease in net sales, efforts to reduce SG&A costs and other expenses resulted in operating income of ¥406 million, down 9.4% year on year, and ordinary income of ¥393 million, up 3.0% year on year.」

「Although gross profit declined due to the decrease in net sales, the effects of SG&A cost reductions and other factors resulted in operating income of ¥448 million, compared with an operating loss of ¥24 million in the same period of the previous year, and ordinary income of ¥382 million, compared with an ordinary loss of ¥73 million in the same period of the previous year.」

「Meanwhile, in terms of profit, although gross profit declined due to the decrease in net sales, the effects of SG&A cost reductions and other factors resulted in operating income of ¥604 million, up 151.4% year on year, and ordinary income of ¥619 million, up 150.3% year on year.」

「Meanwhile, in terms of profit, although gross profit declined due to the decrease in net sales, the effects of SG&A cost reductions and other factors resulted in operating income of ¥194 million, compared with operating income of ¥66 million in the same period of the previous year, and ordinary income of ¥201 million, compared with ordinary income of ¥60 million in the same period of the previous year.」

「As the effects of SG&A cost reductions and other factors contributed, operating income was ¥240 million, up 145.6% year on year, and ordinary income was ¥247 million, up 141.8% year on year.」