Review of core system renewal
First written in FY2017-Q2. 4 of 12 entries say "Restated". Latest entry: FY2023-Q3.
20 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「This change involved revising the valuation method in response to improvements to the core systems, with a view to further globalizing the Group.」
The Company continues to disclose its review of business processes and valuation methods following improvements to the core system. - FY2023-Q1AdvancedAnnual report
「This change involved revising the valuation method in response to improvements to the core systems, with a view to further globalizing the Group.」
The Company is reviewing its inventory valuation method following improvements to the core system. - FY2020MitigatedAnnual report
「Due to a malfunction associated with the system upgrade, the Company's e-commerce site, Dot Esty, was suspended from 8 August to 12 September, but has operated stably since reopening.」
The Company's e-commerce site, which had been suspended due to a malfunction during the system renewal, resumed operations on 12 September and has been operating stably since its resumption. - FY2020-Q3Resolution of the system failure alongside impairment losses arising from changes to the development planAnnual report
「Due to a malfunction in connection with the system renewal, the Company's e-commerce site, "dot ST," was suspended from 8 August onward, but resumed operations on 12 September. The Company recognized special losses, including ¥72 million in impairment losses on stores and ¥1,511 million in impairment losses on software that was no longer expected to be used due to changes to the system development plan.」
The Company's e-commerce site, which had been suspended due to a malfunction during the system renewal, resumed operations on 12 September, while the Company recognized ¥1,511 million in impairment losses on software that was no longer expected to be used due to changes to the system development plan. - FY2020-Q2WorsenedAnnual report
「The in-house EC site 「ドットエスティ」 had been suspended since 8 August due to issues arising during the system renewal, but the increase in sales at physical stores was sufficient to offset the impact.」
A malfunction occurred in connection with the system renewal, resulting in the Company's e-commerce site being suspended from 8 August onward. - FY2019AdvancedAnnual report
「The centralized, real-time management of inventory information and the development of a global e-commerce system are also progressing steadily.」
The development of the core system and e-commerce infrastructure has progressed from the consideration and implementation stages to the stage of advancing centralized, real-time inventory management and global e-commerce system development. - FY2018RestatedAnnual report
「Selling, general and administrative expenses resulted in an SG&A ratio of 52.0% (up 3.0 percentage points year on year) and an operating margin of 2.2% (down 5.1 percentage points year on year), partly because of increased advertising for the core brands, the cost of relocating the Tokyo head office, and costs associated with developing and retiring systems infrastructure for future growth.」
The Company continues to recognize costs related to developing the system infrastructure needed for future growth. - FY2018-Q3RestatedAnnual report
「Selling, general and administrative expenses resulted in an SG&A ratio of 52.2% (up 2.6 percentage points year on year) and an operating margin of 4.2% (down 5.0 percentage points year on year), partly because of increased advertising for the core brands, costs associated with relocating the Tokyo head office and costs related to developing the systems infrastructure for future growth.」
The Company continues to recognize costs related to developing the system infrastructure needed for future growth. - FY2018-Q2RestatedAnnual report
「Selling, general and administrative expenses resulted in an SG&A ratio of 52.0% (up 2.4 percentage points year on year) and an operating margin of 3.7% (down 4.5 percentage points year on year), partly because of increased advertising for the core brands, system development and costs associated with relocating the Tokyo head office.」
The Company continues to recognize costs related to system infrastructure development. - FY2017AdvancedAnnual report
「We actively invested in future growth, including preparations for new brands and new businesses, work to renew the core system, and the launch of initiatives to build a global e-commerce system.」
The renewal of the core system has progressed from the consideration stage to the implementation stage, and the Company has also begun developing a global e-commerce system. - FY2017-Q3ReframedAnnual report
「Preparatory work for launching new brands and new businesses, and for considering the renewal of the core system and value-chain processes, among other activities」
The scope of the initiatives has expanded to include renewal of the value-chain processes in addition to the core system renewal. - FY2017-Q2First statedAnnual report
「Work to renew the core system」
The Company is considering renewing its core system as an investment in future growth.