Expansion of library-integrated Tsutaya Bookstores
First written in FY2016. 1 of 4 entries say "Restated". Latest entry: FY2017-Q3.
No other company in this theme has enough history to compare yet.
- FY2017-Q3AdvancedAnnual report
「During the third quarter, the company transferred all shares it held in Tagajo Tsutaya Bookstore Co., Ltd., a joint venture established through joint investment by the company and TSUTAYA Co., Ltd., to TSUTAYA Co., Ltd. on 12 October 2016, and dissolved the joint venture agreement with that company. The company held 66.6% and TSUTAYA Co., Ltd. held 33.4%.」
The transfer of all shares in Tagajo Tsutaya Bookstore and dissolution of the joint venture agreement were completed on 12 October 2016, moving the shift toward concentrating management resources on Sendai Arai into the implementation stage. - FY2017-Q2ReframedAnnual report
「After discussing the need to concentrate management resources on TSUTAYA Sendai Arai, which opened on 21 September 2016 and was the company's largest store, in order to develop the TSUTAYA business going forward, the company decided to dissolve the joint venture agreement as part of a development-oriented restructuring.」
The company transferred all shares of the joint venture operating Tagajo Tsutaya Bookstore to TSUTAYA Co., Ltd. and dissolved the joint venture agreement. Its policy shifted from continuing to operate a library-integrated store to concentrating management resources on its largest store, Sendai Arai. - FY2017-Q1RestatedAnnual report
「The Tsutaya Bookstore operated by the consolidated subsidiary Tagajo Tsutaya Bookstore Co., Ltd., which began operations at the end of March 2016, followed a similar trend.」
The company describes the continued operation of Tagajo Tsutaya Bookstore and a sales trend similar to that of the TSUTAYA business. - FY2016First statedAnnual report
「In December 2015, the company established a joint venture, Tagajo Tsutaya Bookstore Co., Ltd., with TSUTAYA Co., Ltd., and opened the Tsutaya Bookstore Tagajo City Library in Tagajo, Miyagi Prefecture, in March 2016.」
The company describes the launch of a new format, an integrated public-facility store, through the establishment of a joint venture with TSUTAYA.