Concentration of management resources on the jewelry business through the transfer of the eyewear business
First written in FY2016. 2 of 4 entries say "Cited as achieved", first in FY2017-Q3. Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017Cited as achievedAnnual report
「Business separation dates: 1 December 2016 and 1 January 2017 (implemented in 2 stages)」
The transfer of the eyewear business is reiterated as a result of business portfolio optimization and the concentration of resources on the jewelry business. - FY2017-Q3Cited as achievedAnnual report
「In addition to transferring the eyewear business, the company closed unprofitable stores and pursued initiatives to improve store efficiency through business portfolio optimization. As a result, sales at existing domestic stores increased 2.3% year on year.」
The transfer of the eyewear business and the closure of unprofitable stores are cited as results of business portfolio optimization. - FY2017-Q1AchievedAnnual report
「The initial announcement stated that the entire business would be transferred effective 1 December 2016, but some portions were transferred effective 1 December 2016 and others effective 1 January 2017.」
The eyewear business was transferred in stages, with portions transferred on 1 December 2016 and 1 January 2017. - FY2016First statedAnnual report
「As the company pursued its growth strategy, it considered optimizing its business portfolio in light of its future outlook and decided to transfer the eyewear business in order to concentrate management resources on its core jewelry business.」
The company plans to transfer the eyewear business to 株式会社ヨネザワ on 1 December 2016 and concentrate management resources on its core jewelry business.