Reduction of packaged-media retail space and discontinuation of the Dancing Bear format
First written in FY2016. 4 of 10 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020DroppedAnnual report
「Media 110,979 85.9」
The measures previously stated, including the reduction and conversion of packaged media sales areas and the discontinuation of the Dancing Bear format, are not explicitly included in the current fiscal year's management policy or issues to be addressed. Sales results show media sales at 85.9% of the year-earlier level. - FY2018AdvancedAnnual report
「It has also introduced consumer electronics and furniture into sales areas for packaged media and other products that had been reduced, leading to an increase in customer numbers.」
It states that introducing consumer electronics and furniture into the reduced sales areas for packaged media and other products led to an increase in customer numbers. - FY2018-Q3RestatedAnnual report
「It has also introduced consumer electronics and furniture into sales areas for packaged media and other products that had been reduced, and has made a strong start.」
It reconfirms the initiative to convert reduced sales areas for packaged media and other products to consumer electronics and furniture, as well as the strong initial results. - FY2018-Q2RestatedAnnual report
「It has introduced consumer electronics and furniture into sales areas for packaged media and other products that had been reduced, and has made a strong start.」
It reconfirms the initiative to convert reduced sales areas for packaged media and other products to consumer electronics and furniture, as well as the strength of the initial results. - FY2018-Q1AdvancedAnnual report
「It has also introduced consumer electronics and furniture into sales areas for packaged media and other products that had been reduced, and has made a strong start.」
It states that sales areas for packaged media and other products were converted to consumer electronics and furniture, and that the initial results following the introduction were confirmed. - FY2017AdvancedAnnual report
「In our product policy, we eliminated sales floor space for CDs, DVDs and books, where the market is shrinking significantly, and reduced sales floor space for TV games, while proceeding to convert the space to fashion, hobby products and consumer electronics, among others.」
It states that, among the packaged media previously targeted for reduction, all CD, DVD and book sales floors were eliminated, while the TV game sales floor was also reduced. - FY2017-Q3AdvancedAnnual report
「In our product policy, we clarified our selectivity and concentration strategy, reduced floor space for CDs, DVDs, books and TV game packaged media, where the market is shrinking significantly, and proceeded to convert that space to fashion and hobby products, which account for a high proportion of sales.」
The Company states that it actually proceeded with reducing packaged-media sales floor space and converting it to fashion and hobby sales floors. - FY2017-Q2RestatedAnnual report
「Regarding revenue, fashion, our core product category, fell below the previous year, and the Company was unable to offset declines in packaged media, including games, for which it is strategically reducing sales floor space, or declines in brands, luxury watches and mobile phones, among others, resulting in revenue below the same period of the previous year.」
The Company continues to pursue the strategic reduction of sales floor space for packaged media, including games. - FY2017-Q1RestatedAnnual report
「Regarding revenue, it fell below the same period of the previous year due to declines in packaged media, including games, for which we are strategically reducing sales floor space, as well as declines in luxury watches and mobile phones.」
The Company states that it continues to pursue the strategic reduction of sales floor space for packaged media, including games. - FY2016First statedAnnual report
「In our product policy, we clarified our selectivity and concentration strategy, discontinued the Dancing Bear format, which primarily handled CDs, DVDs, books and TV games in markets that are shrinking significantly, and reduced packaged-media sales floor space at 買取王国 stores, proceeding to convert it to fashion and hobby products, which account for a high proportion of sales.」
The Company is consolidating products and formats in shrinking markets and converting sales floor space to fashion and hobby products.