Creating B2C bicycle-related businesses and adjacent businesses
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual report
「Although the opening of large bicycle-parking facilities has recently declined, we expect demand to replace equipment at existing facilities as the bicycle-parking equipment ages.」
Individual descriptions of the existing bicycle-related B2C businesses, including CODEO, B-SPACE, LIFE-B and STYLE-B, were not repeated in this filing. - FY2021-Q1AdvancedAnnual report
「At the bicycle shop STYLE-B, bicycle unit sales are increasing, and sales of smart trainers for indoor cycling are also performing well, providing other positive factors.」
In the bicycle-related B2C and ancillary businesses, STYLE-B's bicycle unit sales increased, and sales of smart trainers for bicycles were also strong. - FY2020-Q3RestatedAnnual report
「We had been selling the bone-conduction headphones DenDen since December 2017. However, as demand increased for a product combining a sound amplifier and bone-conduction headphones that could serve as an alternative to a hearing aid, and other companies began selling products with the same specifications, we began developing the upgraded new product DenDen2 from the first quarter of the current consolidated cumulative period.」
The policy of enhancing DenDen2's functions continued to be described in the third quarter. - FY2020-Q2RestatedAnnual report
「We had been selling the bone-conduction headphones DenDen since December 2017. However, as demand increased for a product combining a sound amplifier and bone-conduction headphones that could serve as an alternative to a hearing aid, and other companies began selling products with the same specifications, we began developing the upgraded new product DenDen2 from the first quarter of the current consolidated cumulative period.」
The policy of beginning development to enhance DenDen2 was reiterated in the second quarter as an ancillary and new bicycle-related business. - FY2020-Q1AdvancedAnnual report
「We had been selling the bone-conduction headphones DenDen since December 2017. However, as demand increased for a product combining a sound amplifier and bone-conduction headphones that could serve as an alternative to a hearing aid, and other companies began selling products with the same specifications, we began developing the upgraded new product DenDen2 from the first quarter of the current consolidated cumulative period.」
Against the backdrop of customer needs and the emergence of competing products, development of the upgraded new product DenDen2 began as a successor to the DenDen headphones previously sold. - FY2019SoftenedAnnual report
「As part of our efforts to take on new B2C businesses, we opened STYLE-B, a cycle shop offering new lifestyle propositions centered on bicycles. However, the store was not profitable, and we recorded an impairment loss together with bicycle-parking facilities whose expected revenue had fallen below projections.」
The company continues to pursue B2C businesses, but STYLE-B was not profitable, resulting in lower earnings expectations and the recognition of an impairment loss. - FY2018AdvancedAnnual report
「In March this year, we opened STYLE-B, a cycle shop offering new lifestyle propositions centered on bicycles, beneath the elevated Tokyu Ikegami Line tracks at Osaki-Hirokoji. We aim to secure stable profitability at the store while actively taking on new B2C businesses.」
As a specific initiative for the new B2C business, the cycle shop STYLE-B opened in March this year. - FY2017AdvancedAnnual report
「LIFE-B, newly launched as a media site about bicycles, will become an independent division in the next fiscal year, and we will pursue further business development. Following the opening of B-SPACE, a store created to support a comfortable cycling lifestyle, and the launch of CODEO sales, we are also actively taking on new B2C businesses and will steadily develop them.」
LIFE-B will become an independent division in the next fiscal year, marking specific organizational progress, while the policy of expanding the B2C business remains in place. - FY2017-Q3RestatedAnnual report
「② Establishing an unassailable position in the bicycle parking business and promoting bicycle-related B2C businesses」
Promoting bicycle-related B2C businesses remains a basic policy toward the company's 50th anniversary. - FY2017-Q2RestatedAnnual report
「② Establishing an unassailable position in the bicycle parking business and promoting bicycle-related B2C businesses」
The policy of promoting bicycle-related B2C businesses remains one of the basic policies toward the company's 50th anniversary. - FY2017-Q1RestatedAnnual report
「② Establishing an unassailable position in the bicycle parking business and promoting bicycle-related B2C businesses」
The policy of promoting bicycle-related B2C businesses has been reiterated alongside the basic policy for the bicycle-parking business. - FY2016First statedAnnual report
「We are also actively pursuing new B2C businesses, including sales of CODEO, a newly launched bone-conduction wireless headset, and STYLE-B, a store opened to support a comfortable cycling lifestyle. We will steadily develop these businesses while continuing to create and promote a broad range of bicycle-related businesses.」
The Company is pursuing a broad bicycle-related B2C strategy, beginning with CODEO sales and the opening of B-SPACE.