Komori
CVS Bay Area (2687) · InitiativeAdvanced

Head Office Relocation and Expansion of Regionally Focused Operating Sites

First written in FY2017-Q1. 4 of 9 entries say "Restated". Latest entry: FY2023.

9entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2018-Q32016: 220162017: 320172018: 120182019: 020192020: 020202021: 020212022: 120222023: 22023
Same theme, other companies
Strengthening the Organizational Structure Through Head Office and Branch Office RelocationsA theme 26 companies write about · 1 as a headwind · 23 as a tailwind

8 other companies' latest entry also says "Advanced".

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 26 companies compared. The sentences above are computed from all 26.
Full recordFilings, disclosures and news, newest first
  1. FY2023AdvancedAnnual report

    「The Group, consisting of the Company and its affiliated companies (hereinafter the same), comprises the Company and 10 consolidated subsidiaries and operates hotel, condominium front-desk services, cleaning, convenience store, and other businesses.」

    The Group has 10 consolidated subsidiaries, including the regional operating companies, and disclosed a structure under which condominium front-desk services are provided through 8 regional operating companies.
  2. FY2023-Q3AchievedAnnual report

    「Effective 1 September, we newly established 5 regional operating companies through a company split and will continue responding more closely to residents' needs.」

    It was confirmed that the establishment of 5 regional operating companies effective 1 September had been completed as an expansion of the locally focused operating structure.
  3. FY2023-Q2AdvancedAnnual report

    「Effective 1 September, we newly established 5 regional operating companies through a company split and will continue responding to residents' needs in greater detail.」

    The organization progressed from the existing 3 regional operating companies to the establishment of 5 new companies. Although the establishment date was after the reporting period, the company described an expanded structure for locally focused operations and responding to residents' needs.
  4. FY2018-Q3RestatedAnnual report

    「Centered on the 3 regional operating companies, toward realizing front-desk services more closely rooted in local communities」

    The locally focused operating structure centered on the 3 regional operating companies continues.
  5. FY2018-Q1RestatedAnnual report

    「To build an operating structure rooted in local communities, centered on the 3 regional operating companies established last autumn, we will strengthen visits by area managers to properties under contract, identify detailed needs expressed by residents and other stakeholders, and respond promptly to build stronger relationships of trust.」

    The company continued to describe its locally focused operating structure centered on 3 regional operating companies and its increased visits to properties.
  6. FY2017RestatedAnnual report

    「In addition to various expenses arising from the establishment in September 2016 of 3 regional operating companies responsible for condominium front-desk services through a simplified incorporation-type company split, expenses were incurred in connection with the relocation of the head office to Chuo-ku, Tokyo, in June 2016, following the demolition of the building housing the head office as part of a redevelopment project.」

    The company continued to disclose the establishment of 3 regional operating companies and the head office relocation as measures to strengthen local ties and improve operational efficiency.
  7. FY2017-Q3RestatedAnnual report

    「Various expenses have been incurred in connection with the establishment in September 2016 of 3 regional operating companies responsible for condominium front-desk services through a simplified incorporation-type company split, as well as the relocation of the head office to Chuo-ku, Tokyo, in June 2016, to strengthen services more closely tailored to local communities and improve operational efficiency.」

    The company continued to disclose the establishment of 3 regional operating companies and the head office relocation as measures to provide locally focused services and improve operational efficiency.
  8. FY2017-Q2AdvancedAnnual report

    「To strengthen services more closely tailored to local communities and improve operational efficiency, we established 3 regional operating companies responsible for condominium front-desk services through a simplified incorporation-type company split effective 1 September. In addition, following the decision to demolish the building housing our head office as part of a redevelopment project, we relocated the head office to Chuo-ku, Tokyo, in late June, resulting in related expenses.」

    The company implemented a specific organizational expansion by establishing 3 regional operating companies. The head office relocation has also been completed.
  9. FY2017-Q1First statedAnnual report

    「Expenses were incurred as a result of opening a new operating office in an effort to improve operational efficiency through a stronger local presence.」

    Describes the head-office relocation and opening of new offices as measures to improve operational efficiency and strengthen local ties.
Moved together

"Expanding Revenue by Improving Customer Satisfaction and BAY HOTEL Brand Value" moved the same way as this thread, in the same document, in 3 of its 9 moves.

333332★123456
  1. ★This thread
  2. 1Expanding Revenue by Improving Customer Satisfaction and BAY HOTEL Brand Value3×
  3. 2Stable Operating Profit and Establishment of New Business Models3×
  4. 3Store earnings volatility driven by reliance on visitors to large-scale exhibition venues and events3×
  5. 4Opening the Narita Barbecue Facility3×
  6. 5Weak Existing-Store Customer Traffic and the Need to Expand the Customer Base3×
  7. 6Increasing Hotel Supply and Slowing Growth in Accommodation Demand2×

★ 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 CVS Bay Area yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.