Transformation into “Beyond Supermarket” under the Third Medium-Term Management Plan
First written in FY2023. 1 of 4 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025ReframedAnnual report
「Based on the policy of “achieving true growth by continuing to challenge ourselves to transform our management structure, with the customer as our absolute point of reference,” our Group formulated the Fourth Medium-Term Management Plan jointly with its operating companies, covering the 3-year period from fiscal 2025 (the fiscal year ending February 2026) through fiscal 2027 (the fiscal year ending February 2028), and」
The focus of the plan shifted from the Third Medium-Term Management Plan’s “Beyond Supermarket” to the Fourth Medium-Term Management Plan, which challenges the Group to transform its customer-oriented management structure jointly with its operating companies. - FY2024-Q2RestatedAnnual report
「We began initiatives under the three pillars of the Third Medium-Term Management Plan launched this fiscal year: ① transformation of products and stores, ② expansion of non-store revenue through the realization of OMO, and ③ development of businesses in new areas, and stepped up activities toward the annual targets.」
It was reconfirmed that activities toward the annual targets under the three pillars of the Third Medium-Term Management Plan have been intensified since the initiatives began. - FY2024-Q1AdvancedAnnual report
「Our Group views these changes in the business environment as an excellent opportunity to take a step into new areas. Accordingly, we launched the Third Medium-Term Management Plan, covering the 3-year period from the fiscal year ending February 2024 through the fiscal year ending February 2026, and will pursue the realization of: ① the redefinition and revitalization of the existing supermarket business through transformation of products and stores; ② expansion of non-store revenue through the realization of OMO; and ③ the development of businesses in new areas by leveraging accumulated digital intellectual property and other assets, with the aim of achieving “Beyond Supermarket (a business structure that goes beyond supermarkets).”」
The Third Medium-Term Management Plan moved from the formulation stage to the launch and implementation stage, and the Group is working to achieve “Beyond Supermarket” through three engines. - FY2023First statedAnnual report
「Our group formulated the Third Medium-Term Management Plan covering 3 years from fiscal 2023, or the fiscal years ending February 2024 to February 2026: (1) redefine and revitalize the existing supermarket business through transformation of products and stores (Engine 1); (2) expand revenue outside stores through the realization of OMO (Engine 2); and (3) develop businesses in new areas by leveraging accumulated digital intellectual property and other assets (Engine 3). We will advance these 3 engines in parallel to achieve “Beyond Supermarket,” the business structure beyond supermarkets targeted under the Third Medium-Term Management Plan.」
For the 3-year period from the fiscal year ended February 2024 through the fiscal year ending February 2026, the new plan was presented for the first time, aiming to build a business structure that goes beyond supermarkets by advancing in parallel three engines: the existing supermarket business, non-store revenue through OMO, and new businesses leveraging digital intellectual property.