Pilot testing of a new business format service for drugstores
First written in FY2018-Q1. 16 of 31 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-10-01.
No other company in this theme has enough history to compare yet.
- FY2026-H1WorsenedAnnual report
「For the Produce Section Development Support Business, we established an operating subsidiary and transferred operations to it, while preparing the organizational structure for activities aimed at improving daily sales and expanding the number of implementing stores. Although relationships with drugstores progressed, implementation of the service stalled because coordination with partner companies proved difficult, and we were unable to absorb the increase in costs associated with upfront investment.」
While establishing and transferring operations to an operating subsidiary and developing the organizational structure for activities, implementation stalled because coordination with partners proved difficult, and upfront investment costs could not be absorbed. - FY2025-H1AdvancedAnnual report
「The Produce Section Development Support Business worked to improve back-office efficiency, strengthen the sales organization, acquire new customers, and expand the number of implementing stores. In addition, the acquisition of a business from a peer company was completed, significantly expanding the scale of the business.」
Following the business acquisition, the Produce Section Development Support Business advanced back-office efficiency, strengthened the sales organization, acquired new customers, and expanded the number of implementing stores, increasing the scale of the business. - FY2024AdvancedAnnual report
「By acquiring this company's business, the number of stores implementing our services is expected to expand rapidly from the current 429 stores (as of 30 November 2024) to approximately 1,300 stores, generating synergies for us, including securing a new sales channel and increasing the volume of produce distribution.」
The acquisition of Frontier's produce-section development support business on 31 December 2024 was described, with a plan to expand the number of implementing stores from 429 to approximately 1,300. - FY2024-Q2RestatedAnnual report
「The “Fresh Produce Merchandising Support Business” improved back-office efficiency while strengthening its sales organization, pursuing the acquisition of new customers and expanding the number of stores using the service. Service transaction volume remained firm.」
Efforts to improve back-office efficiency, strengthen the sales organization, acquire new customers, and expand the number of implementing stores are continuing. - FY2024-Q1AdvancedAnnual report
「The “Fresh Produce Merchandising Support Business” improved back-office efficiency while developing new partner companies and expanding the number of stores using the service.」
The drugstore produce-section development support business succeeded in developing new partner companies and expanding the number of implementing stores. - FY2023SoftenedAnnual report
「The “Fresh Produce Merchandising Support Business” saw sluggish sales growth because it encountered difficulties coordinating with partner companies in fresh produce wholesaling and securing sales-floor space within drugstore locations. However, it is working to enhance earning power by improving operating efficiency, including through standardization of operations.」
In the drugstore business, coordination with partners and securing sales-floor space proved difficult, slowing revenue growth. As a result, the focus has shifted from store expansion to operating efficiency and improved profitability. - FY2023-Q3RestatedAnnual report
「The “Fresh Produce Merchandising Support Business” continues to improve operating efficiency, including by standardizing operations, to enhance earning power.」
In the produce-section development support business, operational standardization and greater operating efficiency aimed at improving profitability are continuing to take priority over expanding implementation. - FY2023-Q2RestatedAnnual report
「Although growth in the number of stores using the service was modest, the “Fresh Produce Merchandising Support Business” focused on standardizing operations to secure profitability commensurate with the scale of the business and worked to improve operating efficiency.」
With growth in the number of implementing stores remaining modest, efforts to secure profitability through operational standardization and greater operating efficiency are continuing. - FY2022-Q3RestatedAnnual report
「Although the number of stores using the service struggled to grow because activities were restricted by the COVID-19 pandemic, the “Fresh Produce Merchandising Support Business” implemented various measures to improve service capabilities and worked to improve operating efficiency.」
While growth in the number of implementing stores has continued to stagnate due to the COVID-19 pandemic, the focus is on improving service capabilities and operating efficiency. - FY2022-Q2SoftenedAnnual report
「Although growth in the number of stores using the service was modest, the “Fresh Produce Merchandising Support Business” focused on standardizing operations to secure profitability commensurate with the scale of the business and worked to improve operating efficiency.」
As the pace of increase in implementing stores has moderated, the focus has shifted from expanding the store base to standardizing operations and improving operating efficiency to secure profitability. - FY2022-Q1AdvancedAnnual report
「The “Fresh Produce Merchandising Support Business” has increased the number of stores using the service, standardized operations in line with business expansion and worked to improve operating efficiency.」
The drugstore produce-section development support business has progressed from expanding the number of implementing stores to expanding the scale of the business through standardization of operations and greater operating efficiency. - FY2021WorsenedAnnual report
「The number of implementing stores and average daily sales have remained below target for the Produce Section Development Support Business, and because recovery of the investment was no longer expected, the entire carrying amount was recognized as an impairment loss.」
The number of implementing stores and average daily sales remained below target, and an impairment loss was recognized because recovery of the investment was no longer expected. - FY2021-Q3AdvancedAnnual report
「The number of implementing stores increased by 73 from the end of the previous fiscal year, indicating steady implementation progress, and revenue increased.」
The drugstore produce-section development support business added 73 implementing stores from the end of the previous fiscal year, contributing to higher revenue. - FY2021-Q2AdvancedAnnual report
「Revenue increased because the number of implementing stores increased by 36 from the end of the previous fiscal year.」
The drugstore produce-section development support business added 36 implementing stores from the end of the previous fiscal year, contributing to higher revenue. - FY2021-Q1AdvancedAnnual report
「Revenue increased because the number of stores implementing the Produce Section Development Support Business increased.」
Revenue from the drugstore produce-section development support business increased as the number of implementing stores grew. - FY2020Increase in implementing stores and failure to achieve monthly profitability noted togetherAnnual report
「The business supporting the establishment of fresh-produce sections in drugstores, which we have pursued since 2018, did not achieve its initial target of monthly profitability at the end of the fiscal year because of the COVID-19 crisis, but we are preparing for full-scale expansion in the next fiscal year.」
The drugstore business failed to achieve its target of becoming profitable on a monthly basis due to the COVID-19 pandemic, while preparations are under way for a full-scale rollout in the following fiscal year. - FY2020-Q3Implementation delays and improved sales performance noted togetherAnnual report
「In addition, although the number of stores implementing the drugstore produce-section development support service fell behind plan due to the COVID-19 pandemic, average daily sales increased by approximately 30% from the same month of the previous year. The business model of fresh-produce drugstores has also become more widely recognized, and inquiries have increased from small and medium-sized drugstore chains that previously did not handle fresh produce. Going forward, we intend to expand the range of products handled while increasing the pace of implementation.」
Although the number of stores implementing the service fell behind plan due to the COVID-19 pandemic, average daily sales increased by approximately 30% year on year, and inquiries increased from small and medium-sized drugstore chains that did not previously handle fresh produce. Plans to expand the product range and increase the implementation pace going forward were also announced. - FY2020-Q2Implementation progress slowed due to the COVID-19 pandemicAnnual report
「Progress on the development of drugstore produce sections stalled due to the COVID-19 pandemic, and the number of newly implemented stores in the second quarter ended with only a slight increase. In the second half, we intend to accelerate implementation to achieve our full-year plan.」
The drugstore service saw business negotiations stall due to the COVID-19 pandemic, and new implementations in the second quarter increased only slightly, while a policy of accelerating implementation in the second half was announced. - FY2020-Q1AdvancedAnnual report
「We have also established the business model for the service to build fresh-produce sections in drugstores, entered the full-scale expansion phase, and increased the number of stores where it has been introduced as planned.」
The service for building fresh-produce sections in drugstores has entered the full-scale expansion phase after establishing its business model, and the number of stores where it has been introduced is increasing as planned. - FY2019AdvancedAnnual report
「We continued the service pilot for the new service for drugstores at 41 stores as of the end of the fiscal year ending November 2019 and focused on building the business model.」
The service pilot for drugstores expanded to 41 stores by the end of the fiscal year ending November 2019, and the focus shifted to building a business model capable of generating earnings. - FY2019-Q3AdvancedAnnual report
「We also continued the service pilot for establishing fresh-produce sections in drugstores while expanding its coverage area, increasing it to 31 stores as of 31 May 2019.」
The service pilot for drugstores expanded its coverage area, and the number of stores where it had been introduced increased to 31. - FY2019-Q2AdvancedAnnual report
「We also continued the service pilot for establishing fresh-produce sections in drugstores while expanding its coverage area, increasing it to 31 stores as of 31 May 2019.」
The service pilot for drugstores expanded its coverage area, and the number of stores where it had been introduced increased from 30 as of 28 February 2019 to 31 as of 31 May 2019. - FY2019-Q1AdvancedAnnual report
「We also continued the service pilot for establishing fresh-produce sections in drugstores, expanding it to 30 stores as of 28 February 2019.」
The number of stores where the service pilot for drugstores had been introduced increased to 30 as of 28 February 2019. - FY2018AdvancedAnnual report
「We continued the service pilot as part of developing a new-format business for drugstores, operating at 26 stores as of the end of the fiscal year ending November 2018. Although the initial target number of stores was not reached, we are working to build a business model capable of generating profits.」
The number of stores where the service had been introduced increased to 26 as of the end of the fiscal year ending November 2018, but the initial target was not reached, and the company continues to examine a business model capable of generating earnings. - FY2018-Q3AdvancedAnnual report
「The number of stores where the service pilot for drugstores, being pursued as an upfront investment, has been introduced has increased, but we will continue to examine the business model.」
The number of stores where the service pilot for drugstores has been introduced increased, while the business model remains under review. - FY2018-Q2AdvancedAnnual report
「The service pilot being conducted as part of the development of a new-format business for drugstores, which began in the previous fiscal year, is also continuing with a view to expanding the business.」
The company continues the service pilot for drugstores with a view to expanding the business. The segment discussion also states that the number of stores where the service has been introduced has increased and that the business model remains under review. - FY2018-Q1First statedAnnual report
「The company has continued its demonstration tests of a new-format service for drugstores, launched in the previous fiscal year, and the number of stores adopting the service has increased as planned.」
As part of developing a new-format business for drugstores, the company has continued the service pilot launched in the previous fiscal year and increased the number of stores where it has been introduced.