Komori
Ap Holdings (3175) · InitiativeAdvanced

Diversification of Sales Channels through Delivered Boxed Meals and Private Labels

First written in FY2016. 25 of 29 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-09-10.

29entries
11years
5from disclosures
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ProgressHeldSoftenedWorseAdvancedFY2017-Q2 – FY2021-Q1AdvancedFY2022-Q1 – 2026-09-102016: 220162017: 120172018: 120182019: 120192020: 320202021: 420212022: 320222023: 420232024: 320242025: 120252026: 62026
Same theme, other companies
Expansion of Food Sales Through External Sales and E-commerce ChannelsA theme 11 companies write about · 0 as a headwind · 11 as a tailwind

5 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In the prepared-foods business, “Tsukada Nojo Obento Lab,” the delivered bento business operated by 株式会社塚田農場プラス, is establishing a firm position as the Company’s second earnings pillar. Revenue in the delivery and in-station businesses increased substantially as the Company steadily captured demand for leisure and special events, as well as corporate events, throughout the year.」

    The Company positioned the prepared-foods business as its second earnings pillar, while the delivery and in-station businesses grew by capturing demand for leisure and special events and corporate events. Revenue in the prepared-foods business totaled ¥3,680 million.
  2. FY2026-H1AdvancedAnnual report

    「In the prepared-foods business, “Tsukada Nojo Obento Lab,” the delivered bento business operated by 株式会社塚田農場プラス, a Group subsidiary that sells bento meals and prepared foods at in-station and department-store basement locations, has continued to grow steadily. Revenue has continued to perform well, led by the delivery and in-station businesses. The business also contributed to greater awareness of the Tsukada Nojo brand, including through “Zepin! Tsukadama Tartar Young Chicken Nanban Bento” receiving the Grand Prize at the 2nd Japan Location Bento Awards, following its award at the 1st event. As a result, revenue for the current interim consolidated accounting period was ¥1,770 million, up 15.9% year on year, and segment profit was ¥64 million, compared with a loss of ¥5 million in the prior-year period.」

    The prepared-foods business, led by delivery and in-station operations, expanded, generating revenue of ¥1,770 million and segment profit of ¥64 million. The Company also reported that its bento product received the Grand Prize at the 2nd Japan Location Bento Awards.
  3. FY2025-H1AdvancedAnnual report

    「In the prepared-foods business, revenue has continued to perform well, led by the delivery and in-station businesses, following the record profit achieved in the previous fiscal year. The business has also helped expand awareness of the Tsukada Nojo brand, including through the bento product “Zepin! Tsukadama Tartar Young Chicken Nanban Bento” receiving the Grand Prize at the 1st Japan Location Bento Awards.」

    Following the record profit achieved in the previous fiscal year, prepared-foods sales continued to perform well, led by delivery and in-station operations. The Company also disclosed an external award for a bento product.
  4. FY2024AdvancedAnnual report

    「The prepared-foods business operated by a consolidated subsidiary also continued to perform solidly, with delivered bento meals and bento sales at in-station and commercial-facility stores, achieving record-high revenue and operating profit for the fiscal year.」

    Delivered bento meals and bento sales at in-station and commercial-facility stores remained solid, enabling the prepared-foods business to achieve record-high revenue and operating profit. Prepared-foods sales totaled ¥2,507.527 million.
  5. FY2024-Q3AdvancedAnnual report

    「Prepared-foods sales 1,888,546」

    Cumulative prepared-foods sales for the third quarter totaled ¥1,888.546 million, up from ¥1,526.221 million in the prior-year period.
  6. FY2024-Q2AdvancedAnnual report

    「In the prepared-foods business, the revision of the delivered bento lineup and expansion of sales outlets implemented in the previous fiscal year have paid off, and performance has progressed smoothly.」

    The Company reported that revisions to the delivered bento lineup and the expansion of sales outlets produced results and that the prepared-foods business continued to perform smoothly. Cumulative prepared-foods sales for the second quarter totaled ¥1,238.683 million.
  7. FY2024-Q1AdvancedAnnual report

    「In the prepared-foods business, the revision of the delivered bento lineup and expansion of sales outlets implemented in the previous fiscal year have paid off, and performance has progressed smoothly.」

    The revision of the delivered bento lineup and expansion of sales outlets paid off, with prepared-foods sales increasing to ¥570.139 million from ¥450.413 million in the prior-year period.
  8. FY2023AdvancedAnnual report

    「In addition, for businesses outside food service, including the expansion of the delivered bento business, platform-based delivery and the launch of new delivery businesses, we plan to consider expanding our prepared-foods, retail and e-commerce businesses as medium-term initiatives.」

    The Company has added delivered bento meals, platform-based delivery and new delivery businesses as specific measures to diversify sales channels. Prepared-foods sales have also increased to ¥2,040.633 million.
  9. FY2023-Q3AdvancedAnnual report

    「Prepared-foods sales 1,526,221」

    Cumulative prepared-foods sales for the third quarter totaled ¥1,526.221 million, up from ¥1,264.930 million in the prior-year period.
  10. FY2023-Q2AdvancedAnnual report

    「Prepared-foods sales 975,038」

    Cumulative prepared-foods sales for the second quarter totaled ¥975.038 million, up from ¥766.008 million in the prior-year period. Performance in the prepared-foods channel is becoming increasingly concrete.
  11. FY2023-Q1AdvancedAnnual report

    「Prepared-foods sales 450,413」

    Prepared-foods sales for the cumulative first quarter totaled ¥450.413 million, up from ¥361.591 million in the prior-year period.
  12. FY2022-Q3AdvancedAnnual report

    「Food-service stores 4,350,075 Prepared-foods sales 1,264,930」

    The revenue breakdown for the cumulative third quarter showed performance by sales channel, including prepared-foods sales of ¥1,264.930 million, providing a specific indication of the development of the prepared-foods channel.
  13. FY2022-Q2AdvancedAnnual report

    「Prepared-foods sales 766,008」

    The post-revenue-recognition breakdown of sales showed prepared-foods sales of ¥766.008 million, providing a specific indication of performance in the prepared-foods channel.
  14. FY2022-Q1AdvancedAnnual report

    「Prepared-foods sales 361,591」

    Under the revenue-recognition classification, prepared-foods sales were reported at ¥361.591 million, providing a specific indication of performance in the prepared-foods channel.
  15. FY2021RestatedAnnual report

    「In addition, for businesses outside food service, including the delivered bento business and the development and sale of private-label products for retail, we will continue to consider diversifying our sales formats, including prepared foods, retail and e-commerce, as a medium-term initiative.」

    The policy of diversifying sales channels, including delivered bento meals, private-label products, prepared foods, retail and e-commerce, remains in place.
  16. FY2021-Q3AdvancedAnnual report

    「In addition to improving efficiency throughout the manufacturing, distribution and sales processes for products provided to consumers, we concluded that it was necessary to further diversify our sales and procurement channels. Because we believed that business alliances with companies whose sales and procurement functions complemented ours would enable us to diversify these channels quickly, we carefully considered potential partners with whom we could form alliances that would enhance our corporate value.」

    The Company is pursuing specific channel-diversification measures, including e-commerce and takeout and delivery, as well as business alliances with companies whose sales and procurement functions are complementary.
  17. FY2021-Q2RestatedAnnual report

    「The company is pursuing new businesses in areas including e-commerce, takeout and delivery, centered on its product offering built on ongoing, close relationships with producers.」

    The Company continues to pursue e-commerce, takeout and delivery as new sales channels in addition to its existing delivered bento and prepared-foods businesses.
  18. FY2021-Q1AdvancedAnnual report

    「The company is pursuing new businesses, including e-commerce, takeout and delivery, centered on its product offering built on ongoing, close relationships with producers.」

    In addition to the existing delivered bento and private-label businesses, the Company disclosed initiatives involving specific sales channels, including e-commerce, takeout and delivery.
  19. FY2020AdvancedAnnual report

    「Prepared-foods model (bento meals, etc.): ¥1,632.097 million (108.5% year on year)」

    Sales under the prepared-foods model increased to ¥1,632.097 million, or 108.5% of the prior-year period.
  20. FY2019AdvancedAnnual report

    「Prepared-foods model (bento meals, etc.): ¥1,504.173 million (113.0% year on year)」

    Sales under the prepared-foods model increased to ¥1,504.173 million, or 113.0% of the prior-year period.
  21. FY2018AdvancedAnnual report

    「Prepared-foods model (bento meals, etc.): ¥1,331.544 million (107.1% year on year)」

    Sales under the prepared-foods model increased to ¥1,331.544 million, or 107.1% of the prior-year period.
  22. FY2017AdvancedAnnual report

    「Revenue in the sales business increased substantially as food-service stores opened in the previous fiscal year contributed sales throughout the current fiscal year and new businesses, including the bento and overseas businesses, expanded.」

    The Company explained that new businesses, including the bento business, had expanded, and reported prepared-foods model sales of ¥1,243.679 million.
  23. FY2017-Q2AdvancedAnnual report

    「Although Group-wide revenue has increased as the number of stores grew and the bento business and other operations got off the ground, profit declined from the previous fiscal year due to lower same-store sales, changes in the formats of domestic food-service stores and higher preparation costs associated with continuing to open overseas food-service stores.」

    The launch of the bento business and other operations contributed to the increase in Group revenue alongside the growth in the number of stores.
  24. FY2016First statedAnnual report

    「We have also begun developing and selling delivered bento meals and private-label products for retail, and plan to diversify our sales formats, including prepared foods, retail and e-commerce.」

    The Company is pursuing delivered bento meals, private-label products, prepared foods, retail and e-commerce as new sales formats.
Moved together

"Expanding Initiatives for Jidori Chicken, Fresh Fish and Produce and Improving Quality and Freshness" moved the same way as this thread, in the same document, in 12 of its 29 moves.

121211111010★123456
  1. ★This thread
  2. 1Expanding Initiatives for Jidori Chicken, Fresh Fish and Produce and Improving Quality and Freshness12×
  3. 2Decline in same-store sales and lower store profitability12×
  4. 3Deterioration in the profitability of the production and distribution business due to lower operating rates at processing facilities and other sites11×
  5. 4Management of Liquidity Risk Related to Financing11×
  6. 5Reliance on Interest-Bearing Debt and Interest Rate Risk10×
  7. 6Expansion of wholesale sales to external restaurants and retailers10×

★ 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 Ap Holdings yet. It last moved in the Monthly of 2026-09-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Diversification of Sales Channels through Delivered Boxed Meals and Private Labels | AP HOLDINGS CO.,LTD. (3175) | Komori