Komori
2nd RETAILING (2681) · TargetDropped

Expand the number of reuse stores to 700 by the end of March 2018

First written in FY2016. 7 of 9 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2019-Q1.

9entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2018-Q32016: 320162017: 420172018: 22018
Same theme, other companies
Expansion of the Nationwide Network of Retail Stores, Buyback Centers and Logistics LocationsA theme 5 companies write about · 0 as a headwind · 6 as a tailwind

1 other company's latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2019-Q1DroppedAnnual report

    「Reuse-related stores 547 (+12) 50 (+1) 597 (+13)」

    The previous target of 700 stores by the end of March 2018 is not restated in this filing. Current reuse-related stores total 597, and there is no statement indicating that 700 stores has been achieved. This is treated as the disappearance of the target disclosure after its deadline.
  2. FY2018-Q3AdvancedAnnual report

    「The status of the Group's store network during the nine-month consolidated period was as follows. Reuse-related stores 530 (+24) 49 (0) 579 (+24)」

    Reuse-related stores totaled 579 at the end of the third quarter, an increase of 24 from the end of the previous consolidated fiscal year. Specific progress toward the target of 700 stores by the end of March 2018 was shown.
  3. FY2018-Q2AdvancedAnnual report

    「In store development, we sought to expand our share of the reuse market and enhance the value of the brand by opening 19 new "2nd STREET" comprehensive reuse shops, including franchise stores, which buy and sell reused clothing, fashion accessories, furniture, home appliances and other products. Reuse-related stores 520 (+14) 49 (0) 569 (+14)」

    Reuse-related stores totaled 569 at the end of the second quarter, an increase of 14 from the end of the previous consolidated fiscal year. Specific progress toward the target of 700 stores by the end of March 2018 was shown.
  4. FY2018-Q1AdvancedAnnual report

    「We sought to expand our share of the reuse market and enhance the value of the brand by opening 11 new "2nd STREET" stores, including franchise stores. Reuse-related stores 516 (+10) 49 (0) 565 (+10)」

    Reuse-related stores totaled 565 at the end of the first quarter, an increase of 10 from the end of the previous consolidated fiscal year. Specific progress toward the previously stated target of 700 stores by the end of March 2018 was shown.
  5. FY2017AdvancedAnnual report

    「Reuse-related stores 506 (+41) 49 (+2) 555 (+43)」

    Reuse-related stores totaled 555 at the end of the fiscal year ended March 2017, an increase of 43 from the end of the previous fiscal year. Specific progress toward the previously stated target of 700 stores by the end of March 2018 was shown.
  6. FY2017-Q3AdvancedAnnual report

    「Reuse-related 375 (+32) 46 (+2) 421 (+34)」

    Reuse-related store facilities totaled 421 at the end of the third quarter, an increase of 34 from the end of the previous consolidated fiscal year. Specific progress toward the target of 700 stores by the end of March 2018 was disclosed.
  7. FY2017-Q2AdvancedAnnual report

    「We opened 32 new reuse-related stores, including franchise stores. Reuse-related 364 (+21) 47 (+3) 411 (+24)」

    Reuse-related stores totaled 411 at the end of the second quarter, an increase of 24 from the end of the previous consolidated fiscal year. The filing discloses a specific store count showing progress toward the 700-store target, but does not restate the target deadline.
  8. FY2017-Q1AdvancedAnnual report

    「Reuse-related 352 (+9) 46 (+2) 398 (+11)」

    The company disclosed 398 reuse-related store facilities, an increase of 11 from the end of the previous consolidated fiscal year. Comparability with the 500-store figure from prior years cannot be determined from the main text alone, and achievement of the 700-store target is not asserted.
  9. FY2016First statedAnnual report

    「In the reuse segment, including franchise stores, we opened our 400th store in December 2014 and added 100 stores in the approximately 15 months through March 2016, achieving 500 stores. Going forward, we will increase the allocation of management resources to the reuse business, where the overall market is expected to grow, accelerate openings to approximately 100 stores annually, and work to expand our scale and raise awareness, targeting 700 stores by the end of March 2018.」

    Following the achievement of 500 stores, the company is targeting approximately 100 new stores annually and 700 stores by the end of March 2018.
Moved together

"Transformation of the Business Portfolio from Media to Reuse" moved the same way as this thread, in the same document, in 7 of its 9 moves.

765522★123456
  1. ★This thread
  2. 1Transformation of the Business Portfolio from Media to Reuse7×
  3. 2Diversification of Business Formats, Private Brands and Overseas Expansion in the Reuse Business6×
  4. 3Strengthening the Mobile Product and Used Mobile Phone Market Offering5×
  5. 4Aligning interests with shareholders through stock-price-linked stock options5×
  6. 5Expanding Market Share in the Reuse Market and Enhancing the Brand Value of 2nd STREET2×
  7. 6Improving Profitability Through Energy Conservation and More Efficient Store Operations2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
2nd RETAILING's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expand the number of reuse stores to 700 by the end of March 2018 | 2nd RETAILING Co.,Ltd. (2681) | Komori