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and ST HD (2685) · InitiativeRestated

Expanding Sales by Improving Product Development and Sales Capabilities

First written in FY2017-Q1. 16 of 45 entries say "Restated". Latest entry: FY2027-H1.

45entries
11years
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How it moved
ProgressHeldSoftenedWorseOtherFY2022-Q2 – FY2023-Q3RestatedFY2024 – FY2026-H12016: 220162017: 420172018: 420182019: 420192020: 320202021: 320212022: 320222023: 320232024: 420242025: 220252026: 132026
Same theme, other companies
Comprehensive Enhancement of Manufacturing and Sales CapabilitiesA theme 75 companies write about · 1 as a headwind · 79 as a tailwind

The whole theme swung hardest in 2025: 8 of 49 companies on the "Worse" side.

25 other companies' latest entry also says "Restated".

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.
Showing 14 of the 75 companies compared. The sentences above are computed from all 75.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「Domestic sales in the apparel and general merchandise businesses increased 3.2% year on year. Demand for casual fashion remained firm, while agile deployment of trend-responsive products, diverse product offerings under the multi-brand, multi-company strategy, and promotional measures including TV commercials and loyalty-point rewards proved effective.」

    The domestic apparel and general merchandise businesses continued the agile rollout of trend-responsive products, the multi-brand, multi-company strategy, and promotional measures, resulting in a 3.2% year-on-year increase in sales.
  2. 2026-09-30AdvancedEarnings

    「Based on the Medium-Term Management Plan 2030, our group has worked to create synergies among group companies centered on our proprietary e-commerce platform, and ST, and strengthen collaboration with external partners, with the aim of evolving it into a “Play fashion! platformer.”」

    中期経営計画2030に基づくグループ間シナジーと外部パートナー連携が、当中間期の取り組みとして再確認された。
  3. FY2026AdvancedAnnual report

    「Sales increased 4.0% year on year as a result of the diverse product offering under the multi-brand, multi-company strategy and promotions including TV commercials and point rewards. The four-month contribution from the net addition of the Today's Special and GEORGE'S brands, which joined the Group through M&A in July 2024, and the net contribution from Karrimor International Co., Ltd., which joined the Group in April 2025, also supported growth.」

    Domestic sales increased 4.0% year on year, supported by the multi-brand, multi-company strategy, promotional activities, and the addition of brands through M&A.
  4. FY2026-H1RestatedAnnual report

    「In the apparel and general merchandise businesses, domestic sales increased 2.9% year on year. Although cool temperatures in April delayed the start of summer apparel sales, demand for casual fashion remained firm. Results also benefited from diverse product offerings under the multi-brand, multi-company strategy, promotions including TV commercials and loyalty-point rewards, and the net addition of the Today's Special and GEORGE'S brands, which joined the Group through M&A in July of the previous year.」

    Domestic sales increased 2.9% year on year, supported by product offerings under the multi-brand, multi-company strategy, promotional activities, and contributions from brands added through M&A.
  5. FY2025RestatedAnnual report

    「Domestic sales in the apparel and miscellaneous goods business were affected by weather throughout the year, including low temperatures in early spring, extreme heat in summer, and late-summer heat and heavy snow in autumn and winter. However, demand for going out and consumption of casual fashion remained solid, and the rollout of trend-responsive products, development of hit products and promotions including TV commercials and point rewards resulted in a 6.1% year-on-year increase in sales.」

    Despite weather-related factors, the company continued to respond to trends, develop hit products, and use TV commercials and loyalty-point rewards, resulting in a 6.1% year-on-year increase in domestic sales.
  6. FY2025-H1RestatedAnnual report

    「Domestic sales in the apparel and general merchandise business were affected by low temperatures in March and typhoons during the summer, but weather conditions were generally favorable. In addition to firm demand for going out and casual fashion, trend-responsive product offerings, the development of hit products, and promotions including TV commercials and point rewards resulted in an 8.0% year-on-year increase in sales.」

    The company continued to offer trend-responsive products, develop hit products, and use TV commercials and loyalty-point rewards, resulting in an 8.0% year-on-year increase in domestic sales.
  7. FY2025-Q1RestatedAnnual report

    「Domestic sales in the apparel and miscellaneous goods business increased 7.1% year on year. Although sales temporarily slowed because of low temperatures in March, favorable weather thereafter, solid demand for going out and casual fashion, trend-responsive product launches, development of hit products, and promotions including TV commercials and point rewards supported growth.」

    The company continued to offer products that captured trends, develop hit products, and use TV commercials and loyalty-point rewards, resulting in a 7.1% year-on-year increase in domestic sales.
  8. FY2024RestatedAnnual report

    「Domestic sales in the apparel and general merchandise businesses increased 11.5% year on year, supported by favorable external conditions, adaptation to climate changes including extreme heat and warm winters, trend-responsive product offerings, the development of hit products, price reviews through enhanced value-added features, and promotions including TV commercials and loyalty-point rewards.」

    By combining adaptation to climate changes, responsiveness to trends, the development of hit products, enhanced value-added features, and promotional activities, domestic sales increased 11.5% year on year.
  9. FY2024-Q3AdvancedAnnual report

    「Domestic sales in the apparel and miscellaneous goods business increased 12.7% year on year, supported by the continued increase in opportunities to go out and the shift toward casual fashion, as well as adaptation to weather changes such as late summer heat and warm winters, the rollout of trend-responsive products, development of hit products, and efforts to increase added value and review product prices.」

    The company adapted to climate changes including late-summer heat and warm winters, while responding to trends, developing hit products, and enhancing value-added features. As a result, domestic sales increased 12.7% year on year.
  10. FY2024-Q2RestatedAnnual report

    「Domestic sales in the apparel and miscellaneous goods business increased 16.0% year on year, supported by the continued increase in opportunities to go out and the shift toward casual fashion, as well as the rollout of products aligned with seasonal trends, development of hit products, and efforts to increase added value and review product prices.」

    The company continued to respond to seasonal and fashion trends, develop hit products, enhance value-added features, and review prices, resulting in a 16.0% year-on-year increase in domestic sales.
  11. FY2024-Q1AdvancedAnnual report

    「Domestic sales in the apparel and miscellaneous goods business increased 16.9% year on year, supported by solid demand for casual fashion, rising temperatures and increased demand for going out, as well as the rollout of products aligned with trends, development of hit products, and promotions including TV commercials and point rewards.」

    The company offered products responding to trends, developed hit products, and used TV commercials and loyalty-point rewards, resulting in a 16.9% year-on-year increase in domestic sales.
  12. FY2023-Q3RestatedAnnual report

    「Domestic sales in the apparel and general merchandise businesses increased 14.3% year on year as a result of the easing of store operating restrictions compared with the previous fiscal year, favorable weather during the spring/summer season, product offerings responding to increased demand for outings, the development of hit products, and promotional measures including TV commercials and loyalty-point rewards.」

    The company continued to offer products responding to demand for outings, develop hit products, and use TV commercials and loyalty-point rewards, resulting in a 14.3% year-on-year increase in domestic sales.
  13. FY2023-Q2RestatedAnnual report

    「Domestic sales in the apparel and general merchandise businesses increased 15.7% year on year, supported by the continued easing of operating restrictions at stores, favorable weather and strong sales of spring/summer merchandise, product offerings responding to increased demand for outings, and promotional measures including TV commercials and loyalty-point rewards. As part of its digital strategy, the company conducted customer-acquisition initiatives including TV commercials to raise awareness of its own e-commerce site, Dot ST. The number of members increased by 900,000 from the end of the previous fiscal year to 14.5 million. E-commerce sales growth moderated to 3.3% year on year as demand at physical stores recovered.」

    Domestic sales increased 15.7% year on year because of the easing of store operating restrictions, strong spring/summer merchandise sales, product offerings for increased demand for outings, and promotional measures. Although e-commerce membership increased to 14.5 million, e-commerce sales growth remained at 3.3%, with the pattern of a physical-store-led recovery and slowing e-commerce growth continuing.
  14. FY2023-Q1Physical-store-led recovery and slowing e-commerce growthAnnual report

    「Domestic sales in the apparel and general merchandise businesses increased 20.2% year on year, supported by an improved store operating environment as the impact of COVID-19 diminished, strong sales of spring/summer merchandise as temperatures rose, product offerings responding to increased demand for outings after restrictions were eased, and promotional measures including TV commercials and loyalty-point rewards. As part of its digital strategy, the company conducted customer-acquisition initiatives including TV commercials to raise awareness of its own e-commerce site, Dot ST. The number of members of the company's own e-commerce site increased by 500,000 from the end of the previous fiscal year to 14.1 million, but e-commerce sales increased only 0.9% year on year as demand at physical stores recovered.」

    Domestic sales increased 20.2% year on year as the store operating environment improved and product offerings and promotions responded to increased demand for outings. Although the number of e-commerce members increased to 14.1 million, e-commerce sales increased only 0.9% as demand at physical stores recovered.
  15. FY2022-Q3Recovery in domestic sales alongside continued e-commerce growthAnnual report

    「In the third quarter, sales struggled in the first half because the state of emergency remained in effect and temperatures were higher than usual, but sales of autumn/winter merchandise recovered in the second half as temperatures fell and demand for outings recovered. Compared with the third quarter of the previous year, sales remained at a slightly higher level, partly because the previous year's period was one in which the impact of COVID-19 had subsided. E-commerce sales continued to grow, increasing 8.1% year on year following active promotional measures, including TV commercials, to strengthen efforts to attract customers to the company's own e-commerce site, Dot ST.」

    Although domestic sales struggled in the first half of the third quarter, sales of autumn/winter merchandise and demand for outings recovered in the second half, resulting in a slight year-on-year increase. E-commerce sales continued to increase 8.1% year on year, supported by stronger customer-acquisition efforts and promotions including TV commercials.
  16. FY2022-Q2Slowing recovery in domestic sales alongside continued e-commerce growthAnnual report

    「Domestic sales for the cumulative first 2 quarters were ¥86,673 million, an increase of 15.6% year on year. However, second-quarter sales were slightly below the year-earlier level because of the expansion and prolongation of the areas subject to the state of emergency and priority preventive measures, unstable weather including prolonged rain, and the absence of the “revenge spending” seen in the previous year. E-commerce sales continued to grow, increasing 8.3% year on year, supported by continued efforts to attract customers to the company's own e-commerce site, Dot ST, and the continued firm performance of BUZZWIT Co., a subsidiary operating e-commerce-only brands.」

    Domestic sales increased 15.6% year on year on a cumulative basis, but slowed to a slight year-on-year decline in the second quarter. Meanwhile, e-commerce sales continued to increase, rising 8.3% on stronger customer-acquisition efforts and the continued firm performance of BUZZWIT Co.
  17. FY2022-Q1AdvancedAnnual report

    「Unlike the previous year, when all 1,248 domestic physical stores were closed for approximately 2 weeks from 25 April, only 345 stores were closed as of 25 April this year. As the operating environment for stores improved, domestic sales increased 41.2% year on year, driven mainly by the recovery in store sales. Meanwhile, e-commerce sales increased 5.6% year on year, supported by continued efforts to attract customers to the company's own e-commerce site, Dot ST, and the continued firm performance of BUZZWIT Co., a subsidiary operating e-commerce-only brands.」

    The scale of physical-store closures was smaller than in the previous year, and the recovery in store sales resulted in a 41.2% year-on-year increase in domestic sales. E-commerce sales also increased 5.6% on stronger efforts to attract customers to the company's own e-commerce site and the continued firm performance of BUZZWIT Co.
  18. FY2021-Q3Recovery in physical stores alongside continued e-commerce growthAnnual report

    「Domestic sales declined 19.0% year on year as the spread of COVID-19 led to calls for people to refrain from going out, while store closures and reduced operating hours at commercial facilities caused a substantial decline in store traffic. All domestic physical stores were closed for approximately 2 weeks from late April, after which they gradually resumed operations by region following the lifting of the state of emergency. Although the impact of reduced demand for outings continued, domestic physical-store sales improved month by month and recovered significantly in the third quarter as temperatures fell and demand for outings recovered. However, consumer spending remained uncertain, with store traffic again declining in late November as concerns about a resurgence of infections grew. Meanwhile, e-commerce sales increased sharply by 23.8% year on year, supported by stronger efforts to attract customers to the company's own e-commerce site, Dot ST, in response to reduced demand for outings and the continued firm performance of BUZZWIT Co., a subsidiary operating e-commerce-only brands.」

    Domestic physical-store sales declined 19.0% year on year but recovered significantly in the third quarter. It also notes another decline in store traffic accompanying the resurgence of infections, while e-commerce sales increased 23.8% on stronger customer-acquisition efforts and the continued firm performance of BUZZWIT Co.
  19. FY2021-Q2WorsenedAnnual report

    「Domestic sales declined 27.1% year on year as the spread of COVID-19 led to calls for people to refrain from going out, while store closures and reduced operating hours at commercial facilities caused a substantial decline in store traffic. E-commerce sales increased sharply by 25.2% year on year, partly reflecting the rebound from the suspension of the company's own e-commerce site, Dot ST, after 8 August of the previous year, as well as stronger efforts to attract customers to the site in response to reduced demand for outings and the continued firm performance of BUZZWIT Co., a subsidiary operating e-commerce-only brands.」

    Domestic sales declined 27.1% year on year and consolidated sales also declined 26.9% because of the impact of COVID-19. Meanwhile, e-commerce sales increased 25.2% year on year, supported by stronger efforts to attract customers to the company's own e-commerce site and the continued firm performance of BUZZWIT Co.
  20. FY2021-Q1WorsenedAnnual report

    「Domestic sales declined 42.2% year on year as the spread of COVID-19 led to calls for people to refrain from going out, while store closures and reduced operating hours at commercial facilities caused a substantial decline in store traffic. Meanwhile, e-commerce sales increased sharply by 25.7% year on year.」

    Domestic sales declined 42.2% year on year because of the decline in store traffic caused by COVID-19. Meanwhile, e-commerce sales increased 25.7%, showing a divergence in performance between sales channels.
  21. FY2020-Q3RestatedAnnual report

    「Domestic sales increased 2.5% year on year, as sales recovered firmly at core brands such as Global Work and Lowrys Farm, which had struggled in the previous fiscal year, while other brands including niko and ... and Bayflow also generally remained stable, despite some adverse weather conditions.」

    The recovery of the core brands that struggled in the previous fiscal year became firmly established, while other brands also remained stable, resulting in a 2.5% year-on-year increase in domestic sales.
  22. FY2020-Q2AdvancedAnnual report

    「Domestic revenue increased 5.1% year on year as the recovery of core brands such as GLOBAL WORK and LOWRYS FARM, which had struggled in the previous fiscal year, became firmly established, while other brands including niko and ... and BAYFLOW generally performed well.」

    The recovery of the core brands that struggled in the previous fiscal year became firmly established, and domestic sales increased 5.1% year on year. Although the company's own e-commerce site was temporarily suspended, growth in physical-store sales made up the difference.
  23. FY2020-Q1AdvancedAnnual report

    「Domestic sales increased 11.7% year on year, as sales recovered at core brands such as Global Work and Lowrys Farm, which had struggled in the previous fiscal year, while niko and ... and the other brands also generally performed well. The recovery of the core brands was attributable to measures including clarifying the core target customer segments, including through rebranding, and reviewing the product lineups.」

    The core brands that struggled in the previous fiscal year recovered, and domestic sales increased 11.7% year on year. It also identifies specific measures, including rebranding, clarifying the target customer base, and reviewing the product lineup.
  24. FY2019RestatedAnnual report

    「Although domestic sales struggled from April to May because of weak summer merchandise sales, measures including bringing forward the summer sale and the launch of late-summer merchandise, as well as strengthening product capabilities by improving the environment for decision-making and information sharing, proved effective. As a result, sales recovered broadly from June onward and full-year sales were approximately at the previous fiscal year's level. By brand, niko and... remained strong throughout the year, while Global Work and LOWRYS FARM recovered from the autumn/winter season onward, with these core brands driving overall sales.」

    After summer merchandise sales struggled, domestic sales recovered to approximately the previous fiscal year's level for the full year through the earlier sale, adjustment of merchandise launch timing, and improvements to the decision-making and information-sharing environment.
  25. FY2019-Q3Recovery in domestic sales alongside the impact of overseas restructuringAnnual report

    「Overseas sales increased 11.6% year on year, but domestic sales declined 1.4%, resulting in a slight 0.6% year-on-year decline in consolidated sales. Overseas sales benefited from the contribution of U.S.-based Velvet, LLC, which was consolidated as a subsidiary in the previous fiscal year, while sales in Hong Kong and China declined because of restructuring in those businesses. In Japan, although summer merchandise sold poorly from April to May at brands other than niko and..., cumulative sales recovered to approximately the year-earlier level as a result of bringing forward the summer sale in June and the recovery of core brands Global Work and LOWRYS FARM during the autumn/winter season.」

    Overseas sales increased with a contribution from Velvet, LLC, while restructuring in the Hong Kong and China businesses reduced sales in those regions. Domestic sales recovered to approximately the year-earlier level on a cumulative basis as core brands recovered.
  26. FY2019-Q2WorsenedAnnual report

    「The generally weak domestic sales were attributable in part to poor sales of summer merchandise from April to May at brands other than niko and.... Although sales recovered from June onward after measures including bringing forward the summer sale and the launch of late-summer merchandise, performance also suffered from the midsummer heat in July and unsettled weather caused by torrential rain, leaving the company unable to offset the decline in the first quarter.」

    Domestic sales remained weak because of poor performance by summer merchandise and unsettled weather, and the decline in the first quarter could not be offset. It states that sales began to recover from June onward following the earlier summer sale and the accelerated launch of late-summer merchandise.
  27. FY2019-Q1WorsenedAnnual report

    「Overseas revenue increased 44.8%, helped by the contribution from the consolidation of U.S. Velvet, LLC as a subsidiary in the previous fiscal year and the effect of niko and ...'s entry into Taiwan. However, consolidated revenue declined 4.9% year on year as domestic revenue fell 7.5% due to weak performance by brands other than niko and ....」

    Although overseas sales increased as a result of Velvet, LLC and the expansion into Taiwan, brands other than niko and... struggled in Japan, resulting in a decline in consolidated sales.
  28. FY2018ReframedAnnual report

    「To continue creating products selected by customers, we believe it is necessary to improve our product planning capabilities by establishing a system to consolidate and analyze information including not only fashion and materials trends, but also consumer posts on social media, our member data, and consumption trends in stores and through e-commerce.」

    The improvement of product development capabilities has been developed from a general policy into a specific proprietary SPA framework that consolidates and analyzes social media, member data, in-store purchasing information, and e-commerce purchasing information.
  29. FY2018-Q3RestatedAnnual report

    「In addition to domestic sales increasing 3.6% year on year on a non-consolidated basis, consolidated sales increased 9.6% year on year, supported by the contribution from the transfer of brand businesses, including PAGEBOY, to Alicia Co., Ltd. in the first quarter and the consolidation of U.S.-based Velvet, LLC as a subsidiary. By brand, domestic sales for niko and..., studio CLIP, and BAYFLOW performed well.」

    In addition to the increase in domestic sales, the transfer of Alicia's brand businesses and the consolidation of Velvet, LLC as a subsidiary contributed to a 9.6% year-on-year increase in consolidated sales.
  30. FY2018-Q2RestatedAnnual report

    「In addition to a 4.4% year-on-year increase in domestic sales on a non-consolidated basis, consolidated sales increased 10.3% year on year, supported by the contribution from the transfer of brand businesses, including PAGEBOY, to Alicia Co., Ltd. in the first quarter and the consolidation of U.S.-based Velvet, LLC as a subsidiary. By brand, domestic sales for niko and..., studio CLIP, and BAYFLOW performed well.」

    Including contributions from the transfer of Alicia's brand businesses and the consolidation of Velvet, LLC as a subsidiary, consolidated sales increased 10.3% year on year. Among existing brands, niko and..., studio CLIP, and BAYFLOW performed well.
  31. FY2018-Q1AdvancedAnnual report

    「Sales increased 11.4% year on year for the Group as a whole, partly due to the transfer of the brand businesses, including PAGEBOY, to Alicia Co., Ltd., a consolidated subsidiary. Among the existing brands, Global Work, niko and..., studio CLIP, and BAYFLOW performed well.」

    The transfer of Alicia Co., Ltd.'s brand businesses contributed to the increase in sales, with Group sales rising 11.4% year on year. It also specifically identifies the strong performance of existing brands.
  32. FY2017RestatedAnnual report

    「Sales remained firm, with domestic same-store sales increasing 2.5% year on year and sales for the Group as a whole increasing 1.8%, supported by strong growth in the WEB business. Global Work, niko and..., studio CLIP, and LEPSIM were the main driving brands.」

    It states that same-store and Group sales exceeded the year-earlier period, driven by growth in the WEB business and contributions from multiple brands.
  33. FY2017-Q3RestatedAnnual report

    「Although sales were affected by unsettled weather, including a succession of typhoons, domestic same-store sales increased 2.5% year on year and sales for the Group as a whole increased 1.4%, both remaining firm. Global Work, niko and..., and studio CLIP were the main driving brands.」

    Although it does not explicitly state that product development and sales capabilities were improved, it identifies increases in same-store and Group sales, as well as the driving brands, and continues to describe measures and results related to sales expansion.
  34. FY2017-Q2RestatedAnnual report

    「Although sales were affected by the unsettled weather this summer, domestic same-store sales increased 2.3% year on year and sales for the Group as a whole increased 0.7%, both remaining firm. Global Work, niko and..., and LEPSIM were the main driving brands.」

    Despite the impact of unsettled weather, domestic same-store sales and Group-wide sales exceeded the year-earlier period, with the specific driving brands also identified.
  35. FY2017-Q1First statedAnnual report

    「Sales increased 2.4% year on year, as sales of spring/summer apparel progressed steadily, supported by improvements in product development and sales capabilities as well as favorable weather.」

    It states that improving product development and sales capabilities is a means of expanding sales.
Moved together

"Improvement in gross profit margin due to a lower markdown rate" moved the same way as this thread, in the same document, in 12 of its 45 moves.

12129776★123456
  1. ★This thread
  2. 1Improvement in gross profit margin due to a lower markdown rate12×
  3. 2Higher sales and profit, with improved profit metrics12×
  4. 3Restructuring the Overseas Business9×
  5. 4Store network expansion and overseas openings7×
  6. 5Impairment Losses on Stores7×
  7. 6Aggressive advertising, including television commercials6×

★ 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
No upcoming earnings preview for and ST HD yet. It last moved in the Earnings of 2026-09-30: "Advanced".
Expanding Sales by Improving Product Development and Sales Capabilities | and ST HD Co.,Ltd. (2685) | Komori