Komori
Hiraki (3059) · PolicyReframed

A business policy centered on low prices

First written in FY2016. 19 of 27 entries say "Restated". Latest entry: FY2026.

27entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019RestatedFY2022-Q2 – FY20232016: 320162017: 420172018: 420182019: 220192020: 320202021: 220212022: 220222023: 120232024: 220242025: 220252026: 22026
Same theme, other companies
Shift in business policy from a low-price focus to a value propositionA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「The Group adopted “strengthening product capabilities = from price to value” as its basic strategy for the fiscal year, strengthened its development structure to deliver value exceeding the price to customers, and sought to provide products that achieve high customer satisfaction.」

    The company has reframed its existing policy centered on low prices as “from price to value” and “value exceeding the price,” while emphasizing its development structure and customer satisfaction.
  2. 2026-05-15RestatedRevisions to earnings forecasts

    「The Group adopted “strengthening product capabilities = from price to value” as its basic strategy for the fiscal year, strengthened its development structure to deliver value exceeding the price to customers, and sought to provide products that achieve high customer satisfaction.」

    「価格から価値へ」という基本戦略と、開発体制強化による価格以上の価値の提供を再確認している。
  3. FY2026-H1WorsenedAnnual report

    「However, sales of promotional products intended to drive orders remained sluggish, and the company was unable to clearly communicate the value of its other products, including their prices, to customers. As a result, the number of orders fell below the year-earlier level.」

    While advocating a shift from price to value, the company saw orders fall below the year-earlier level because sales of promotional products remained sluggish and it failed to adequately communicate product value, including pricing.
  4. FY2025WorsenedAnnual report

    「The Group’s original products have earned customer support through their strength in absolute low prices. However, due to a combination of factors, including higher product costs amid the recent depreciation of the yen and efforts to accelerate the clearance of excess inventory, confusion arose in the operation of its pricing policy, and the company believes that customer confidence in the pricing of its original products was consequently shaken.」

    Regarding its existing policy centered on low prices, the company stated that confusion in the operation of its pricing policy arose due to the weak yen, higher costs, and excess inventory, and that customer confidence in its pricing was shaken.
  5. FY2025-H1ReframedAnnual report

    「The Group adopted “enhancing the value of original products” as its basic strategy for the fiscal year and sought to provide customers with value exceeding the price and products with high customer satisfaction by strengthening its development structure and product capabilities.」

    While maintaining its existing direction of low prices and value exceeding the price, the company explicitly defined “enhancing the value of original products” as its basic strategy for the fiscal year, focusing on strengthening its development structure and product capabilities.
  6. FY2024ReframedAnnual report

    「As the impact of global inflation and the weak yen has made it increasingly difficult to develop products at absolutely low prices, developing products that customers perceive as offering more value than their price has become a challenge. In addition to our previous low-price strategy, we will develop products with functionality and other added value and work to enhance the value of our original products.」

    While maintaining its existing low-price strategy, the company is broadening its focus from absolute low prices to “value exceeding the price,” functionality, and added value.
  7. FY2023RestatedAnnual report

    「Customers are the starting point of our business. While maintaining quality, we develop products at prices that make them easy to buy and work together as a company to deliver “surprise,” “enjoyment,” and “satisfaction” to our customers.」

    The company has reaffirmed its policy of providing value through low-priced products while maintaining quality and making them easy to buy.
  8. FY2023-Q2RestatedAnnual report

    「Under the medium-term management plan covering FY2021–FY2023, the company set its management policy for FY2022 as “Becoming a one-of-a-kind company: Dramatically increasing customer numbers through new products and approaches.” To help people lead better lives in the post-pandemic era, it thoroughly pursued the ヒラキ approach in terms of price, quality, and service, and energetically developed its mail-order, store-based, and wholesale businesses centered on original products in order to deliver “surprise,” “enjoyment,” and “satisfaction” to customers.」

    Under the medium-term management plan, the company continues its existing policy centered on low prices by thoroughly implementing the “ヒラキ approach,” encompassing price, quality, and service.
  9. FY2022RestatedAnnual report

    「While maintaining quality, we develop products at prices that make them easy to buy and work together as a company to deliver “surprise,” “enjoyment,” and “satisfaction” to our customers.」

    The company continues its existing policy of offering products at low prices while maintaining quality and enhancing customer value.
  10. FY2022-Q2RestatedAnnual report

    「To help people lead better lives, we pursue the ヒラキ approach in terms of price, quality, and service」

    Under the medium-term management plan, the company has reaffirmed its policy of pursuing value that encompasses quality and service in addition to low prices.
  11. FY2021ReframedAnnual report

    「We will pursue sustainable growth, namely higher sales, and enhanced corporate value, namely stronger earnings power, by developing products that combine low prices with functionality.」

    While maintaining its existing low-price policy, the company has presented product development incorporating functionality and higher sales and earnings power as an integrated policy.
  12. FY2021-Q2RestatedAnnual report

    「As the final year of the Second Medium-Term Management Plan, the company adopted “Delivering quality products to customers quickly and at low prices: From price to value” as its annual policy and used “There is nothing else like it, and no one else can do it. That is ヒラキ.” as its slogan,」

    The company has reaffirmed its annual policy of “from price to value,” delivering quality products quickly and at low prices, along with its existing direction of providing value through low prices.
  13. FY2021-Q1RestatedAnnual report

    「As the final year of the Second Medium-Term Management Plan, the company fulfilled its role as part of the infrastructure supporting daily life by steadily providing essential goods under the annual policy of “Delivering quality products to customers quickly and at low prices: From price to value,” with “There is nothing else like it, and no one else can do it. That is ヒラキ.” as its slogan.」

    The company continues, in the final year of the Second Medium-Term Management Plan, to pursue its existing policy of delivering quality products quickly and at low prices under the banner “from price to value.”
  14. FY2020ReframedAnnual report

    「As the final year of the “2020 Medium-Term Management Plan,” the 44th fiscal year will pursue sustainable growth, namely higher net sales, and enhanced corporate value, namely stronger earnings power, under the annual management policy of “Delivering quality products to customers quickly and at low prices: From price to value.”」

    While maintaining its existing low-price policy, the company has reframed it as “from price to value,” with a policy of delivering quality products quickly and at low prices.
  15. FY2019RestatedAnnual report

    「While maintaining quality, we develop products at prices that make them easy to buy and work together as a company to deliver “surprise,” “enjoyment,” and “satisfaction” to our customers.」

    The company has reaffirmed its policy of offering products at affordable prices while maintaining quality.
  16. FY2019-Q3RestatedAnnual report

    「The company worked to strengthen its ability to attract customers by expanding its product range and selling low-priced products.」

    The company continues its existing policy of strengthening its ability to attract customers by expanding its product range and selling low-priced products.
  17. FY2019-Q2RestatedAnnual report

    「The company worked to expand its product range and sell low-priced products.」

    The company continues its existing business policy of expanding its product range around low-priced products.
  18. FY2019-Q1RestatedAnnual report

    「To provide customers with excitement in their everyday shopping, we worked energetically to expand our product range and promote competitive pricing by sourcing special-offer merchandise, as well as conducting traveling sales over a total of 189 days.」

    The company continues its existing policy of prioritizing affordability by sourcing special-offer merchandise and promoting competitive pricing.
  19. FY2018RestatedAnnual report

    「While maintaining quality, we develop products at prices that make them easy to buy and work together as a company to deliver “surprise,” “enjoyment,” and “satisfaction” to our customers.」

    The company continues to pursue a low-price policy of offering products at affordable prices while maintaining quality.
  20. FY2018-Q3RestatedAnnual report

    「The Group has worked to strengthen its low-cost operating structure in order to establish its position as a comprehensive footwear retailer seeking to become the No. 1 seller by volume of shoes and footwear.」

    To become the No. 1 seller by volume of shoes and footwear, the company continues to pursue a “produce cheaply and sell cheaply” business policy that supports low prices.
  21. FY2018-Q2RestatedAnnual report

    「The Group has worked to strengthen its low-cost operating structure in order to establish its position as a comprehensive footwear retailer seeking to become the No. 1 seller by volume of shoes and footwear.」

    The company continues to pursue a business policy of “produce cheaply and sell cheaply” to support low prices.
  22. FY2018-Q1RestatedAnnual report

    「The Group has worked to strengthen its low-cost operating structure in order to establish its position as a comprehensive footwear retailer seeking to become the No. 1 seller by volume of shoes and footwear.」

    The company continues to explicitly pursue a “produce cheaply and sell cheaply” policy that supports low prices.
  23. FY2017RestatedAnnual report

    「While maintaining quality, we develop products at prices that make them easy to buy and work together as a company to deliver “surprise,” “enjoyment,” and “satisfaction” to our customers.」

    The company continues to explicitly pursue a low-price policy of offering products at affordable prices while maintaining quality.
  24. FY2017-Q3RestatedAnnual report

    「The Group has worked to strengthen its product and marketing capabilities and build a structure that enables it to produce and sell products at low prices, while pursuing its business.」

    The company continues to pursue a “produce cheaply and sell cheaply” policy that supports low prices.
  25. FY2017-Q2RestatedAnnual report

    「The Group has pursued its business while working to further strengthen its product and marketing capabilities and build a structure that enables it to produce and sell products at low prices.」

    The company continues to explicitly pursue a “produce cheaply and sell cheaply” policy that supports low prices.
  26. FY2017-Q1RestatedAnnual report

    「To achieve further growth and strengthen earnings power, the Group has pursued its business while working to build a structure that enables it to produce and sell products at low prices.」

    The company continues to explicitly pursue a “produce cheaply and sell cheaply” policy that supports low prices.
  27. FY2016First statedAnnual report

    「With “Good products at lower prices than anywhere else” as its motto, the Group has developed its business by making its footwear business the core of its operations, thoroughly pursuing low prices, its overwhelming competitive strength unavailable from other companies, and achieving affordability across all price ranges to further enhance its advantage.」

    The company positions low prices as the core of the value it provides through its products and of its competitive strategy.
Moved together

"Improving capital efficiency with a target ROE of 8% or higher" moved the same way as this thread, in the same document, in 6 of its 27 moves.

654333★123456
  1. ★This thread
  2. 1Improving capital efficiency with a target ROE of 8% or higher6×
  3. 2Uncertainty in the Demand Environment Due to Economic Stagnation and a Downturn in the Global Economy5×
  4. 3Business mix of higher revenue, lower operating profit and higher net profit4×
  5. 4Impact of Exchange-Rate Fluctuations on Import Costs and Profit Margins3×
  6. 5Fixed-Asset Impairment Risk from Declining Store Profitability3×
  7. 6Achieving Zero Net Interest-Bearing Debt3×

★ 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
Hiraki's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-05-15: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.