Strengthening Earnings Power Through Capital Investment and Cost Reduction

「Capital expenditures for the consolidated fiscal year totaled ¥5,327 million. Of this, ¥4,880 million was invested in property, plant and equipment, primarily for the acquisition of the site for the Yachiyo store and the renewal of store equipment. Investment in intangible assets totaled ¥447 million, primarily for the development of DX systems.」

「Total capital investment during the fiscal year was ¥2,136 million. Of this amount, ¥1,705 million was invested in tangible fixed assets, mainly the renewal of store facilities. Investment in intangible fixed assets totaled ¥431 million, mainly for constructing DX systems.」

「Total capital investment during the fiscal year was ¥8,830 million. Of this amount, ¥8,649 million was invested in tangible fixed assets, mainly the construction of the Joyful Park Yoshioka store, which opened in April 2023, and the renewal of store facilities.」

「Total capital investment during the fiscal year was ¥5,898 million. Of this amount, ¥5,557 million was invested in tangible fixed assets, mainly the construction of stores for openings in spring 2023 and the renovation of the company's first previously fitted-out property, excluding standalone specialty stores. Investment in intangible fixed assets totaled ¥341 million, mainly for software customization to support d-point payments and the replacement of POS systems.」

「The company also developed infrastructure for digital utilization by introducing new internal communication tools and implementing IT systems for electronic data storage and management of construction ledgers for extensions and renovations.」

「In addition to actively investing in infrastructure, including store development, repairs and renovations at existing stores, the introduction of new internal communication tools, and IT implementation such as electronic data storage systems and a construction ledger system for extensions and renovations, the company also introduced measures to improve employee motivation, including an incentive program.」

「During the fiscal year, the company made total capital investments of ¥2,188 million, mainly in store facilities to strengthen sales capabilities. Major investments included acquiring land for the head office and warehouse, constructing a new external tenant building, and renovating services related to its e-commerce site.」

「The company promoted decisive earnings-structure reform and investments contributing to future growth, including strengthening merchandising initiatives, optimizing cost controls, and actively investing in new and existing stores」

「Following a review of staffing allocations and the sales operating structure, the company reduced personnel expenses and store-related utility costs, contributing to lower selling, general and administrative expenses.」

「During the fiscal year, the company made total capital investments of ¥2,367 million, mainly in store facilities to strengthen sales capabilities. Major investments included rebuilding leased assets, establishing a cut-flower processing center, adapting cash registers to the invoice system, and replacing the accounting system package.」

「Total capital investment for the consolidated fiscal year was ¥5,142 million, and the company continued capital investment aimed at strengthening sales capabilities and regularly renewing facilities.」

「Total capital investment for the consolidated fiscal year was ¥20,196 million. The company continued to invest in strengthening sales capabilities and regularly renewing facilities. As part of its energy-saving, expense-reduction and earnings-strengthening initiatives, it began upgrading store air-conditioning equipment in the previous consolidated fiscal year and had completed upgrades at a total of 9 stores by the end of the consolidated fiscal year.」

「As part of its initiatives to strengthen earnings power through expense reductions, the company upgraded store air-conditioning equipment at 5 stores: Moriya, Arakawaoki, Kimitsu, Tomisato and Nitta.」

「In July 2016, to provide customers with a comfortable dining space, the company completely renovated the seating, interior, flooring and lighting of the food court (Food Park) at its Home Center Chiba New Town store in Inzai, Chiba Prefecture. In September 2016, it also renovated the greenhouse at Garden Center Nitta, including replacing the wooden floor with a concrete floor and replacing and repairing the roof, to improve the store-floor environment.」

「At existing stores, the company will invest in facilities to improve sales capabilities and the store-floor environment, creating stores that appeal to customers. At the same time, it will continue efforts to reduce costs, including utility expenses.」