Restructuring the Shoes Business
First written in FY2017. 12 of 28 entries say "Restated". Latest entry: 2026-08-07.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the current consolidated fiscal year, production of shoes manufactured domestically was also discontinued.」
As a measure to improve the profitability of the Shoes Business, the company implemented the business-structure change of ending production of domestically manufactured products. The launch of new products, price revisions, procurement-cost reviews, and expense reductions are also being pursued in parallel. - FY2025AdvancedAnnual report
「As key areas of focus for audit and oversight during the current consolidated fiscal year, in response to deteriorating current profitability and the recognition of impairment losses on fixed assets in multiple businesses, the company addressed the appropriateness of investment projects, including businesses subject to impairment accounting, and the appropriateness of its funding plans. It also carefully monitored whether the plan to sell through related products, work in process and other items, and its progress, in preparation for the end of domestic production in the Shoes Business announced in April 2024, were appropriate, including with consideration for business partners.」
It states that the plan to sell through products and work in process and its progress are being monitored in preparation for the end of domestic production in the Shoes Business, advancing profitability improvement measures to the stage of specific business-structure changes. - FY2024AdvancedAnnual report
「① Improving the profitability of the Shoes Business Concentrating on core products such as “Shunsoku,” “Achilles Sorbo,” and “BROOKS” to generate profit Promoting expanded sales of “Shunsoku” and “Achilles Sorbo” in Asia Improving profitability by transforming the organization into an efficient operating structure following the end of domestic production」
Specific measures to improve the profitability of the Shoes Business include concentrating on core brands, expanding sales in Asia, and organizational transformation following the end of domestic production. - FY2024-Q3RestatedAnnual report
「For the next fiscal year, the company expects demand to recover in its other businesses. It plans to increase sales by strengthening its sales policies, developing new customers, and promoting proposals for new products and services, while pursuing further cost reductions and seeking to restore sales and profit, including through improved margins as price increases take effect.」
The company continues to present recovery measures to improve profitability, including strengthening sales policies, developing new customers, proposing new products and services, reducing costs, and ensuring that price increases take effect, including in the Shoes Business. - FY2024-Q1Lower revenue and narrower lossesAnnual report
「The segment loss was ¥186 million, compared with a segment loss of ¥263 million in the same quarter of the previous year, due to improved margins, including the effect of price revisions, and reduced selling expenses, among other factors.」
To improve the profitability of the Shoes Business, the company reported improved margins through price revisions and reduced selling expenses, and the segment loss narrowed from the previous year. - FY2023Full-Year Revenue Decline and Wider LossAnnual report
「The segment loss was ¥971 million, compared with a segment loss of ¥681 million in the previous consolidated fiscal year, despite the effect of reducing selling expenses, due to higher procurement costs resulting from the weaker yen.」
Although reducing selling expenses helped improve the profitability of the Shoes Business, the full-year loss expanded due to higher procurement costs resulting from the weaker yen. - FY2023-Q3Higher revenue but wider lossesAnnual report
「The segment loss was ¥723 million, compared with a segment loss of ¥494 million in the same quarter of the previous year, despite the effect of reducing selling expenses amid firm sales, due to higher procurement costs resulting from the weaker yen.」
Although reducing selling expenses had an effect, the Shoes Business segment loss expanded from the previous year due to higher procurement costs resulting from the weaker yen. - FY2023-Q2Higher revenue but wider lossesAnnual report
「The segment loss was ¥564 million, compared with a segment loss of ¥425 million in the same quarter of the previous year, despite the effect of reducing selling expenses amid solid sales, due to higher procurement costs resulting from the weaker yen.」
Although reducing selling expenses had an effect, the Shoes Business segment loss expanded from the previous year due to higher procurement costs resulting from the weaker yen. - FY2023-Q1Higher revenue but wider lossesAnnual report
「The segment loss was ¥263 million, compared with a segment loss of ¥254 million in the same quarter of the previous year, despite the effect of reducing selling expenses amid solid sales, due to higher procurement costs resulting from the weaker yen.」
Although reducing selling expenses helped improve the profitability of the Shoes Business, the segment loss expanded due to higher procurement costs resulting from the weaker yen. - FY2022RestatedAnnual report
「① Improving the profitability of the Shoes Business Improving earnings power through category selection」
Improving the profitability of the Shoes Business remains a key issue, with category selection identified as the means. - FY2021RestatedAnnual report
「① Improving the profitability of the Shoes Business Improving earnings power through category selection」
Improving the profitability of the Shoes Business remains a key issue, with category selection identified as the means. - FY2021-Q3AdvancedAnnual report
「Production and purchasing were adjusted and the sales strategy was reviewed to reduce inventories」
It states that production and purchasing were adjusted and the sales strategy was reviewed to reduce inventories and improve the profitability of the Shoes Business. - FY2020-Q3RestatedAnnual report
「1) Improving the profitability of the Shoes Business」
Improving the profitability of the Shoes Business remains a key issue for strengthening the management platform. - FY2020-Q2RestatedAnnual report
「1) Improving the profitability of the Shoes Business」
Improving the profitability of the Shoes Business remains a key issue for strengthening the management platform. - FY2020-Q1RestatedAnnual report
「1) Improving the profitability of the Shoes Business」
Improving the profitability of the Shoes Business remains a key issue for strengthening the management platform. - FY2019-Q3RestatedAnnual report
「① Improving the profitability of the Shoes Business」
Improving the profitability of the Shoes Business remains a key issue for strengthening the management platform. - FY2019-Q2RestatedAnnual report
「① Improving the profitability of the Shoes Business」
Improving the profitability of the Shoes Business remains a key issue for strengthening the management platform. - FY2019-Q1RestatedAnnual report
「① Improving the profitability of the Shoes Business」
Improving the profitability of the Shoes Business remains a key issue for strengthening the management platform. - FY2018ReframedAnnual report
「① Improving the profitability of the Shoes Business」
The wording has changed from “restructuring the Shoes Business” to “improving the profitability of the Shoes Business,” shifting the focus of the issue to profitability. - FY2018-Q3RestatedAnnual report
「① Restructuring the Shoes Business」
Restructuring the Shoes Business remains a key issue for strengthening the management platform. - FY2018-Q2RestatedAnnual report
「① Restructuring the Shoes Business」
Restructuring the Shoes Business remains a key issue for strengthening the management platform. - FY2018-Q1RestatedAnnual report
「① Restructuring the Shoes Business」
Restructuring the Shoes Business remains a key issue for strengthening the management platform. - FY2017First statedAnnual report
「① Restructuring the Shoes Business」
Restructuring the Shoes Business has been newly presented as an independent key issue for strengthening the management platform.