Virtuous Cycle of Customer Referrals Through a Referral Program
First written in FY2016-Q2. 9 of 12 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 1 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2020DroppedAnnual report
「Going forward, we will seek to create customers by formulating and implementing strategies based on our management philosophy,」
Customer creation is described in the medium- to long-term strategy for the current consolidated fiscal year, but no explicit reference to the previous customer referral program or virtuous cycle can be confirmed. - FY2020-Q1RestatedAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues its policy of utilizing a customer referral program. No performance figures, such as the number of referrals, are presented. - FY2019-Q2RestatedAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues its policy of utilizing a customer referral program. No performance figures, such as the number of referrals, are presented. - FY2019-Q1RestatedAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues its policy of utilizing a customer referral program. No performance figures, such as the number of referrals, are presented. - FY2018RestatedAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues its policy of utilizing a customer referral program. No performance figures, such as the number of referrals, are presented. - FY2018-Q2RestatedAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues to describe its policy of utilizing a customer referral program. No performance figures, such as the number of referrals, are presented. - FY2018-Q1RestatedAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues to describe its policy of utilizing a customer referral program. No performance figures, such as the number of referrals, are presented. - FY2017RestatedAnnual report
「The Company intends to contribute to society through customer delight.」
The policy of customer creation, including a virtuous cycle of customer referrals, continues, but no new performance figures, such as the number of referrals, are presented. - FY2017-Q3RestatedAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues to describe its policy of utilizing a customer referral program. No performance figures, such as the number of referrals, are presented. - FY2017-Q2Change in wording from establishment to utilizationAnnual report
「The Company utilized a referral program designed to create a virtuous cycle in which customers refer other customers,」
The wording changed from the previous "newly established" to "utilized," indicating that the referral program had reached the operational stage. No performance figures, such as the number of referrals, are presented. - FY2016-Q3RestatedAnnual report
「We newly established a referral program designed to create a virtuous cycle in which customers refer other customers,」
The Company continues to describe a program that generates customer referrals. No new progress or numerical figures are presented. - FY2016-Q2First statedAnnual report
「We newly established a referral program designed to create a virtuous cycle in which customers refer other customers,」
States that the Group newly established a program designed to generate a cycle of customer referrals.