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Seiryo Electric (4341) · InitiativeAdvanced

Responding to New Lifestyles and Behavioral Changes and Redefining the Business Model

First written in FY2021-Q1. 7 of 9 entries say "Restated". Latest entry: FY2023.

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4years
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ProgressHeldSoftenedWorseRestatedFY2021-Q1 – FY20222020: 220202021: 420212022: 220222023: 12023
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1 other company's latest entry also says "Advanced".

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  1. FY2023AdvancedAnnual report

    「Under these conditions, while continuing to pursue higher customer satisfaction and create stores that customers choose, we will promote business-structure reforms to secure profitability in light of the market environment.」

    The response to changes in the market and customer behaviour was given concrete form through efforts to improve customer satisfaction, create stores that customers choose and implement business-structure reforms to secure profitability.
  2. FY2022RestatedAnnual report

    「Under these conditions, while continuing to pursue higher customer satisfaction and create stores that customers choose, we will promote business-structure reforms adapted to changes in the market.」

    The company reaffirmed its policy of pursuing higher customer satisfaction, creating stores that customers choose and implementing business-structure reforms in response to changes in the market and customer trends.
  3. FY2022-Q3RestatedAnnual report

    「In addition, changes in customer trends accompanying the shift to new lifestyles prompted by the spread of COVID-19 have led to changes in the initiatives of domestic carriers, leaving the outlook uncertain.」

    The company indicated that it continued to recognise the need to respond to changes in customer trends and domestic carriers’ initiatives accompanying the shift to new lifestyles.
  4. FY2022-Q2RestatedAnnual report

    「In the information and communications device industry relevant to our group, the market environment has changed significantly with the introduction of low-priced plans by major carriers and the launch of 5G services. In addition, customer trends have changed as the spread of COVID-19 has continued.」

    The company indicated that it continued to recognise the need to respond to low-price plans, 5G services and changes in customer trends prompted by COVID-19.
  5. FY2022-Q1RestatedAnnual report

    「In the information and communications device industry relevant to our group, the market environment has changed significantly with the introduction of low-priced plans by major carriers and the launch of 5G services. In addition, customer trends have changed as the spread of COVID-19 has continued.」

    The company indicated that it continued to recognise the need to respond to low-price plans, 5G services and changes in customer trends prompted by COVID-19.
  6. FY2021RestatedAnnual report

    「Changes in user behaviour and the market based on new lifestyles prompted by the spread of COVID-19 are expected. Responding to these needs and redefining the nature of the existing businesses are required.」

    The company continued to recognise the need to respond to changes in customer behaviour and the market resulting from new lifestyles and to redefine the nature of its businesses.
  7. FY2021-Q3RestatedAnnual report

    「In addition, shortened business hours and closures were implemented following the declaration of a state of emergency associated with the spread of COVID-19, while customer trends also changed as lifestyles shifted, resulting in an impact on business.」

    The company reaffirmed its recognition of the need to respond to changes in customer trends and the market accompanying the shift to new lifestyles.
  8. FY2021-Q2RestatedAnnual report

    「In each business, changes in user behaviour and the market based on new lifestyles prompted by the spread of COVID-19 are expected. Responding to these needs and redefining the nature of the existing businesses are required.」

    The company indicated that it continued to recognise the need to respond to changes in user behaviour and the market prompted by COVID-19 and to redefine the nature of its existing businesses.
  9. FY2021-Q1First statedAnnual report

    「In each business, changes in user behaviour and the market based on new lifestyles prompted by the spread of COVID-19 are expected. Responding to these needs and redefining the nature of the existing businesses are required.」

    The company explicitly identified for the first time the need to respond to changes in user behaviour and the market prompted by COVID-19 and to redefine the nature of its existing businesses.
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Seiryo Electric's next results are scheduled for 2026-11-06. Read the earnings preview
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