Reduction of Rent, Personnel and Other Expenses
First written in FY2020. 5 of 8 entries say "Advanced", first in FY2022. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Expense ratio worsened due to higher personnel expensesAnnual report
「The SG&A ratio increased 1.4 percentage points from the previous fiscal year to 43.4%, due to lower revenue and higher personnel expenses, among other factors.」
While continuing its policy of reducing operating expenses, the company saw its SG&A ratio rise this fiscal year due to higher personnel expenses and other factors. - FY2024-Q2AdvancedAnnual report
「The SG&A expense ratio fell 3.0 percentage points year on year to 43.9% due to higher net sales, expense reductions and other factors.」
Higher revenue and expense reductions resulted in a 3.0-percentage-point year-on-year decline in the SG&A ratio, advancing improvement in the cost structure. - FY2023AdvancedAnnual report
「Along with a substantial increase in revenue, we worked to improve the product gross profit margin and reduce and curtail expenses through a review of operating costs, among other measures, and were able to post operating income of ¥2,484 million (operating loss of ¥903 million in the previous fiscal year)……」
Improved gross profit margins, the review and reduction of operating expenses, and the closure of unprofitable stores resulted in a shift from an operating loss to operating income of ¥2,484 million. - FY2023-Q3AdvancedAnnual report
「The SG&A expense ratio fell 7.7 percentage points year on year to 45.5% due to higher net sales and the effect of expense reductions.」
Expense reductions and higher revenue resulted in a 7.7-percentage-point year-on-year decline in the SG&A ratio, advancing improvement in the cost structure. - FY2023-Q2AdvancedAnnual report
「The SG&A expense ratio fell 10.4 percentage points year on year to 46.9% due to higher net sales and the effect of expense reductions.」
The effect of expense reductions contributed to a 10.4-percentage-point year-on-year decline in the SG&A ratio, advancing improvement in the cost structure. - FY2022AdvancedAnnual report
「We will work to improve the gross profit margin and review and reduce operating expenses,」
The company proceeded with a comprehensive review and reduction of operating expenses, improving the SG&A ratio by 1.8 percentage points from the previous fiscal year. - FY2021RestatedAnnual report
「Although the adverse impact of COVID-19 on business performance is a concern, we will work to improve the gross profit margin by expanding sales of PB and NPB products and improving purchasing terms, and to reduce and curtail costs by reviewing operating expenses.」
The company restated its measures to improve profitability through expansion of PB and NPB products, improved purchasing terms, and the review and reduction of operating expenses. - FY2020First statedAnnual report
「We will take this as an opportunity to reduce operating costs by reviewing rent and personnel expenses and bringing logistics in-house using our own warehouses.」
As a response to the deterioration in business performance caused by COVID-19, the company first presented a coordinated review and reduction of operating costs, including rent, personnel expenses and logistics.