Reduction of selling, general and administrative expenses
First written in FY2017. 17 of 26 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2027-H1.
Takihyo moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2026: 9 of 31 companies on the "Worse" side.
16 other companies' latest entry also says "Other".
- FY2027-H1Selling, general and administrative expenses and personnel expenses increasedAnnual report
「Selling, general and administrative expenses 5,770 million yen 6,016 million yen」
Despite initiatives to reduce selling, general and administrative expenses, selling, general and administrative expenses increased from ¥5,770 million in the same period of the previous year to ¥6,016 million. It also states that personnel expenses increased due to improvements in employee compensation. - 2026-10-09MaterialisedEarnings
「In terms of profit, the gross profit margin declined as procurement costs rose due to the yen's depreciation and higher raw material prices, as well as increased use of alternative transportation such as ferries and air freight to avoid delays in ocean shipments caused by natural disasters.」
自然災害に伴う船便遅延と代替輸送の増加が、調達コスト上昇として実際の業績に影響したと記載している。 - FY2026-H1SG&A expenses increased year on yearAnnual report
「Selling, general and administrative expenses 5,699 5,770」
Selling, general and administrative expenses increased from ¥5,699 million in the same period of the previous year to ¥5,770 million, and expenses for the interim period increased even as structural reforms such as store closures and a shift to e-commerce progressed. - FY2025AdvancedAnnual report
「Against this backdrop, the group implemented its three-year “Revitalize Plan,” streamlining its workforce and locations, exiting unprofitable businesses and implementing structural reforms, while pursuing a thoroughly earnings-focused sales approach in its core wholesale business.」
Initiatives to reduce fixed costs and selling, general and administrative expenses have been summarized as streamlining personnel and operating bases, withdrawing from unprofitable businesses and implementing structural reforms. - FY2025-H1AdvancedAnnual report
「As a result of these initiatives, the effects of reductions in property-related expenses and inventory are beginning to appear.」
Regarding initiatives to reduce fixed costs and selling, general and administrative expenses, it states that the effects of reductions in property-related expenses and inventory are beginning to appear. - FY2025-Q1AdvancedAnnual report
「In addition, through a project aimed at rebuilding businesses where monetization has been delayed, we are improving inventory turnover and reducing property-related expenses associated with retail operations, including e-commerce and stores, and these measures are beginning to produce earnings benefits.」
Regarding reductions in selling, general and administrative expenses, it states that reductions in property-related expenses associated with the retail business are being pursued as a project together with improvements in inventory turnover, with effects beginning to appear in earnings. - FY2024AdvancedAnnual report
「In addition, the fixed-cost reduction benefits of measures implemented in fiscal 2022, including the voluntary retirement program, reductions in office space and the consolidation and integration of overseas bases, contributed throughout the year」
Regarding reductions in selling, general and administrative expenses and fixed costs, it states that the effects of voluntary retirement, office reductions and the consolidation and integration of overseas operations contributed over the full fiscal year. Selling, general and administrative expenses amounted to ¥11,508 million. - FY2023Selling, general and administrative expenses increased despite continued cost-cutting measuresAnnual report
「Total selling, general and administrative expenses 11,174 11,694」
While fixed-cost reduction measures progressed, selling, general and administrative expenses increased from ¥11,174 million in the previous fiscal year to ¥11,694 million in the current fiscal year. - FY2023-Q3AdvancedAnnual report
「In addition, we launched the Revitalize Plan (Plan to Restore Profitability) at the beginning of the current fiscal year. Alongside recruiting applicants for voluntary retirement, downsizing the headquarters office and relocating the Tokyo branch, we have decided to consolidate and close overseas offices and are advancing initiatives to reduce fixed costs.」
Regarding reductions in selling, general and administrative expenses and fixed costs, the company decided on voluntary retirement, the reorganization of its head office and Tokyo branch, and the consolidation and integration of its overseas operations. - FY2023-Q2AdvancedAnnual report
「In addition, during the current fiscal year we have already recruited voluntary retirees, reduced the head-office office space and changed the location of the Tokyo branch. We are also proceeding with fixed-cost reductions, including by deciding to close the local subsidiaries in South Korea and Hong Kong and the representative offices in Qingdao and Ho Chi Minh City.」
Regarding reductions in selling, general and administrative expenses and fixed costs, the company implemented voluntary retirement, reduced its head-office office space and relocated the Tokyo branch, and has also decided to close overseas subsidiaries and representative offices. - FY2023-Q1AdvancedAnnual report
「In addition, we accelerated efforts to reduce fixed costs. Starting on 30 May, alongside the launch of recruitment for voluntary retirees, we reduced the head-office office space to half its previous size and changed the location of the Tokyo branch, thereby further reducing space rental costs.」
Regarding reductions in selling, general and administrative expenses and fixed costs, it states that the company implemented concrete measures to reduce the head-office office area to half its previous size and relocate the Tokyo branch. - FY2022WorsenedAnnual report
「In line with the increase in net sales, selling, general and administrative expenses, including logistics and property-related expenses, increased by 12,007 million yen, or 8.4% year on year.」
While targeting reductions in fixed costs and selling, general and administrative expenses, annual selling, general and administrative expenses increased 8.4% from the previous fiscal year. - FY2022-Q3AdvancedAnnual report
「In light of these circumstances, we will work to reduce fixed costs, including by further reducing head-office space and cutting rent through the relocation of the Tokyo branch, while accelerating priority initiatives and working to restore our earnings base.」
Regarding reductions in selling, general and administrative expenses and fixed costs, the company has made concrete plans to further reduce head-office space and cut rent by relocating the Tokyo branch. - FY2022-Q2SG&A expenses increased year on yearAnnual report
「Selling, general and administrative expenses 5,375 5,768」
Selling, general and administrative expenses increased from ¥5,375 million in the same period of the previous year to ¥5,768 million, resulting in figures that differed from the previous downward trend. - FY2022-Q1SG&A expenses increased year on yearAnnual report
「Selling, general and administrative expenses 2,745 2,963」
Selling, general and administrative expenses increased from ¥2,745 million in the same period of the previous year to ¥2,963 million, showing figures that differ from the previous downward trend. - FY2021-Q3AdvancedAnnual report
「At the same time, during the current fiscal year we will return one floor of the head-office workspace, approximately 600 tsubo, move the Osaka branch to a serviced office, reduce the workspace of タキヒヨー（上海）貿易有限公司, and further reduce fixed costs and promote more efficient ways of working, including by having employees work from home on a regular basis.」
Regarding reductions in selling, general and administrative expenses and fixed costs, the company has made concrete plans for this fiscal year to return approximately 600 tsubo of head-office office space, move branches to shared offices, scale down its Shanghai operations and make remote work standard practice. - FY2021-Q2AdvancedAnnual report
「Second, as company-wide telework becomes established, we will reduce office space and reallocate personnel through organisational streamlining, thereby accelerating reductions in fixed costs.」
Regarding reductions in selling, general and administrative expenses, the company has outlined measures to accelerate fixed-cost reductions through reducing office space, streamlining the organization and reallocating personnel. Selling, general and administrative expenses for the six months ended the second quarter were ¥5,375 million, down ¥523 million from ¥5,898 million in the same period of the previous year. - FY2021-Q1AdvancedAnnual report
「In terms of earnings, selling, general and administrative expenses decreased by 9.1% year on year, due to reductions in logistics expenses, travel expenses resulting from company-wide teleworking initiatives, and other costs.」
It states that selling, general and administrative expenses were reduced by 9.1% year on year due to decreases in logistics expenses, travel expenses associated with teleworking, and other costs. - FY2020-Q2AdvancedAnnual report
「In terms of profitability, improvements in product margins and reductions in selling, general and administrative expenses progressed. Operating profit was ¥3 million (an operating loss of ¥121 million in the same period of the previous year), ordinary profit was ¥45 million (an ordinary loss of ¥40 million), and net profit for the quarter attributable to owners of the parent was ¥80 million (a net loss of ¥64 million).」
Selling, general and administrative expenses decreased from ¥6,299 million in the same period of the previous year to ¥5,898 million, while operating profit, ordinary profit and net profit for the quarter returned to profitability alongside the improvement in profitability. - FY2020-Q1AdvancedAnnual report
「As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥15,863 million, down 11.3% year on year. Although the company improved product margins and reduced selling, general and administrative expenses, these measures did not offset the impact of lower revenue. Operating profit was ¥262 million, down 40.8% year on year, ordinary profit was ¥274 million, down 41.9%, and profit attributable to owners of the parent was ¥215 million, down 32.7%.」
Selling, general and administrative expenses decreased by ¥233 million to ¥3,019 million in the first quarter, from ¥3,252 million in the same quarter of the previous year, as expense reduction progressed. Although this was insufficient to offset the impact of lower revenue, the progress in reductions can be confirmed numerically. - FY2019AdvancedAnnual report
「On the other hand, through efforts to improve the gross profit margin by reviewing low-margin products and reduce selling, general and administrative expenses, operating profit increased by ¥1,250 million from the previous fiscal year to ¥101 million (the previous fiscal year recorded an operating loss of ¥1,148 million), while ordinary profit increased by ¥1,309 million to ¥209 million (the previous fiscal year recorded an ordinary loss of ¥1,099 million).」
It states that selling, general and administrative expenses decreased from ¥13,420 million to ¥12,387 million, contributing, together with the review of low-margin products, to the return to profitability for operating profit and ordinary profit. - FY2019-Q3AdvancedAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥50,842 million, down 9.5% year on year. However, owing to an improvement in the gross profit margin and reductions in selling, general and administrative expenses, operating profit was ¥384 million, an increase of ¥752 million from the same period of the previous year, when the company recorded an operating loss of ¥368 million. Ordinary profit was ¥481 million, an increase of ¥764 million from the same period of the previous year, when the company recorded an ordinary loss of ¥282 million.」
Selling, general and administrative expenses declined from ¥10,138 million in the same period of the previous year to ¥9,430 million, contributing, together with the improved gross profit margin, to the return to operating and ordinary profitability, according to the filing. - FY2019-Q2AdvancedAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥32,319 million, down 7.1% year on year. Although the company worked to strengthen its earnings structure by improving the gross profit margin and reducing selling, general and administrative expenses, operating loss was ¥121 million, compared with a loss of ¥817 million in the same period of the previous year, and ordinary loss was ¥40 million, compared with a loss of ¥734 million. Losses narrowed, but the company did not return to profitability.」
Selling, general and administrative expenses declined from ¥6,779 million in the same period of the previous year to ¥6,299 million, while the company worked to strengthen its earnings structure alongside an improved gross profit margin. - FY2019-Q1AdvancedAnnual report
「As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥17,886 million, down 4.1% year on year. However, owing to an improvement in the gross profit margin and reductions in selling, general and administrative expenses, operating profit was ¥443 million, compared with an operating loss of ¥93 million in the same period of the previous year, and ordinary profit was ¥472 million, compared with an ordinary loss of ¥45 million in the same period of the previous year.」
Selling, general and administrative expenses declined to ¥3,252 million from ¥3,399 million in the same period of the previous year, contributing to the return to operating and ordinary profitability, according to the filing. - FY2018DroppedAnnual reportThis filing does not explicitly describe measures to reduce selling, general and administrative expenses, which amounted to ¥13,420 million in the fiscal year.
- FY2017First statedAnnual report
「As a result of these efforts, the Company reduced selling, general and administrative expenses by ¥743 million, a 5.3% decrease from the previous fiscal year.」
The company reports that it reduced selling, general and administrative expenses by ¥743 million, or 5.3%, from the previous fiscal year.