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Forlife (3477) · InitiativeAdvanced

Transformation to a sales model responsive to both procurement and sales

First written in FY2020-Q1. 3 of 4 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2020.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020-Q1AdvancedFY2020-Q2 – FY20202019: 220192020: 22020
Same theme, other companies
Shift to a sales approach that emphasizes both acquisition and salesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020AdvancedAnnual report

    「We are pursuing thorough, careful order-taking activities to avoid missing prospective customers. Orders received during the fiscal year totaled 100 homes and ¥2,003,034 thousand, up 21.9% year on year in terms of the number of homes and 20.2% in value.」

    In connection with the shift from a procurement-focused sales model to one that also emphasizes sales, orders for custom-built housing increased to 100 homes through careful order-taking activities.
  2. FY2020-Q3AdvancedAnnual report

    「To respond flexibly to market conditions with a large amount of completed inventory, we continue to set sales prices in detail. We will continue to thoroughly manage profit margins for each project.」

    In connection with the shift to a sales model that is responsive to sales as well as procurement, pricing and margin management for each project have continued to be implemented.
  3. FY2020-Q2AdvancedAnnual report

    「Reflecting on the sharp deterioration in profit in the first quarter of the fiscal year ended March 2019, the company implemented 3 measures: 1. Detailed and flexible sales-price setting; 2. Changes to standard specifications based on CS surveys; and 3. Establishment of planning meetings. These measures enabled the company to make proposals that were more market-oriented and offered a broader range of options, and performance recovered steadily.」

    In connection with the shift from procurement-focused operations to sales operations that also emphasize sales, the company explains that sales-side processes combining pricing, customer needs and planning were implemented, leading to a recovery in performance.
  4. FY2020-Q1First statedAnnual report

    「Under our business model, we sought to transform our sales model so that, whereas our operations had traditionally focused more on procurement, the model would place a high level of emphasis on both procurement and sales.」

    The initiative to transform operations from a procurement-focused model to a sales model emphasizing both procurement and sales was explicitly described for the first time.
Moved together

"Pre-Completion Contracts and Improved Inventory Turnover" moved the same way as this thread, in the same document, in 3 of its 4 moves.

333333★123456
  1. ★This thread
  2. 1Pre-Completion Contracts and Improved Inventory Turnover3×
  3. 2Making the Custom-Built Homes Business a Core Business3×
  4. 3Expansion into the reuse, renovation and remodeling sectors3×
  5. 4Recruitment of Specialized Personnel and Development of Mid-Level Personnel3×
  6. 5Reducing completed inventory through plans and pricing tailored to regional characteristics3×
  7. 6Raising Working Capital Through Corporate Bonds3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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Transformation to a sales model responsive to both procurement and sales | FORLIFE Co.,Ltd. (3477) | Komori