Selection and concentration of areas and business formats, and concentration of resources on key stores in the Tokyo metropolitan area
First written in FY2017. 9 of 18 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-04-09.
4 other companies' latest entry also says "Cited as achieved".
- 2026-04-09Cited as achievedEarnings
「As of 1 September 2025, subsidiaries under York Holdings Co., Ltd. were excluded from the scope of consolidation.」
The company recorded the deconsolidation of the subsidiaries following completion of the transfer of the superstore business and other operations to external partners. - FY2026-H1AchievedAnnual report
「The procedures for this absorption-type company split were completed on 1 September 2025. As a result, the subsidiaries under York HD were excluded from the scope of consolidation, and this SPC ① became an equity-method affiliate.」
The business-portfolio selectivity and concentration strategy culminated in the completion of the transfer of the SST business group, including food supermarkets and specialty stores, to an external partner. - FY2025AdvancedAnnual report
「The execution of this transaction is positioned as part of the initiatives aligned with this management policy.」
The business-portfolio selectivity and concentration strategy progressed into the specific transaction of transferring the SST business group to an external partner while the Company retained a partial interest. - FY2024-Q2AchievedAnnual report
「Following satisfaction of the prescribed conditions set out in the transfer agreement and this memorandum, we completed the share transfer on 1 September 2023.」
As part of the selectivity and concentration strategy for the business portfolio, completed the transfer of all shares in 株式会社そごう・西武. - FY2023AchievedAnnual report
「The Company executed an agreement on 6 April 2023 to transfer all of its shares in 株式会社バーニーズジャパン to Laox Holdings CO.,LTD. and completed the share transfer on 1 May 2023.」
As part of the review of the business portfolio, completed the transfer of all shares in Barneys Japan. - FY2023-Q3AdvancedAnnual report
「The Company executed an agreement to transfer all of its shares in 株式会社そごう・西武 to 杉合同会社, a special-purpose company affiliated with Fortress Investment Group LLC, and is holding repeated discussions toward completion of the transfer.」
The business-portfolio selectivity and concentration strategy took concrete form in the execution of an agreement to transfer all shares in 株式会社そごう・西武 to a Fortress affiliate. Certain conditions remain outstanding before completion of the transfer. - FY2022AchievedAnnual report
「Based on the approach to the business portfolio set out in the “Medium-Term Management Plan 2021–2025,” the Company transferred all of its shares in 株式会社オッシュマンズ・ジャパン to ABC-MART,INC. effective 1 March 2022.」
Completed the transfer of all shares in Oshman’s Japan as a specific measure to review the business portfolio. - FY2021AdvancedAnnual report
「Like 株式会社イトーヨーカ堂, 株式会社そごう・西武 continues to pursue business and store-structure reforms, and closed 5 underperforming stores during the period to concentrate management resources in the Tokyo metropolitan area.」
Implemented the concentration of resources in core stores in the Tokyo metropolitan area by closing 5 underperforming stores. - FY2021-Q2AdvancedAnnual report
「To concentrate management resources in the Tokyo metropolitan area, closed 4 underperforming stores on 31 August.」
Implemented the resource-concentration strategy in the Tokyo metropolitan area by closing 4 underperforming stores on 31 August. - FY2020-Q1AdvancedAnnual report
「株式会社そごう・西武 advanced a strategy of concentrating management resources in large stores in the Tokyo metropolitan area as part of its business-structure reforms, while beginning renovations at Seibu Tokorozawa to achieve low-cost operations by converting the store to a tenant-based model.」
Continued to concentrate resources in large stores in the Tokyo metropolitan area and began renovating Seibu Tokorozawa to achieve low-cost operations by converting the store to a tenant-based model. - FY2019RestatedAnnual report
「株式会社そごう・西武 continues to concentrate management resources in profitable core stores in the Tokyo metropolitan area, while pursuing store layouts tailored to the characteristics of each area and efficient operations at other stores.」
Reaffirming the policy of continuing to concentrate resources in core stores in the Tokyo metropolitan area while adapting other stores to local characteristics and operating them efficiently. - FY2019-Q3RestatedAnnual report
「株式会社そごう・西武 advanced a strategy of concentrating management resources in large stores in the Tokyo metropolitan area as part of its business-structure reforms, including the renovation of the beauty section at Sogo Yokohama, where cosmetics and related products are a strength.」
Renovated the beauty section at Sogo Yokohama and continued the strategy of concentrating resources in large stores in the Tokyo metropolitan area. - FY2019-Q2AdvancedAnnual report
「株式会社そごう・西武 advanced a strategy of concentrating management resources in large stores in the Tokyo metropolitan area as part of its business-structure reforms, including the renovation of the beauty section at Sogo Yokohama, where cosmetics and related products are a strength.」
Renovated the beauty section at Sogo Yokohama and advanced the strategy of concentrating resources in large stores in the Tokyo metropolitan area. - FY2019-Q1AdvancedAnnual report
「Sogo & Seibu Co., Ltd. advanced a strategy of concentrating management resources on large stores in the Tokyo metropolitan area as part of its business structural reforms, including beginning a sales-floor renovation in the beauty segment at Sogo Yokohama, where cosmetics and related products are strengths.」
Initiated the renovation of the beauty section at Sogo Yokohama as a measure to give concrete form to selectivity and concentration in large stores in the Tokyo metropolitan area. - FY2018AdvancedAnnual report
「On 1 October 2017, the company transferred the Sogo Kobe and Seibu Takatsuki businesses to H2O Retailing Co., Ltd., and Seibu Funabashi and Seibu Odawara closed on 28 February 2018.」
As part of the selectivity and concentration measures, completed the transfer of the businesses of 2 Kansai stores and the closure of an additional 2 stores during the fiscal year. - FY2018-Q3AchievedAnnual report
「Based on the final agreement concerning the transfer of the businesses of Sogo Kobe and Seibu Takatsuki executed with エイチ・ツー・オー リテイリング株式会社 in August 2017, the Company completed the business transfers on 1 October of this year.」
Completed the transfer of the Sogo Kobe and Seibu Takatsuki businesses on 1 October under the final agreement with H2O Retailing, completing a specific transaction under the selectivity and concentration strategy. - FY2018-Q1AdvancedAnnual report
「In May of this year, based on the “Basic Agreement on a Capital and Business Alliance” with エイチ・ツー・オー リテイリング株式会社 announced in October 2016, the Company executed a basic agreement on the transfer of the businesses of Sogo Kobe and Seibu Takatsuki.」
Based on the basic agreement with H2O Retailing, executed a basic agreement on the transfer of the businesses of Sogo Kobe and Seibu Takatsuki. - FY2017First statedAnnual report
「② Pursue “selectivity and concentration” by area and business format (a) Execution of a basic agreement on a capital and business alliance with エイチ・ツー・オー リテイリング株式会社, consideration of the succession of Kansai stores operated by 株式会社そごう・西武, and concentration of management resources in core stores in the Tokyo metropolitan area, the largest consumer market (b) 株式会社イトーヨーカ堂: commencement of consideration of a focus on the Tokyo metropolitan area and the food business」
Presented the alliance with H2O Retailing, consideration of the succession of Kansai stores, and concentration on core stores in the Tokyo metropolitan area and the food business of 株式会社イトーヨーカ堂 as an integrated set of measures.