Reformulation of the Medium-Term Management Plan "Project-NANA2.0-"
First written in FY2017. 8 of 13 entries say "Advanced", first in FY2018. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020Medium-term plan completed; transition to the next planAnnual report
「This demonstrates that the initiatives set out in the 5-year medium-term plan are beginning to produce results. We intend to incorporate those results into the next medium-term plan and pursue new initiatives.」
The company moved into a phase of reviewing the 5-year plan, including Project-NANA2.0, in its final year and incorporating the results into the next medium-term management plan. - FY2020-Q3AdvancedAnnual report
「E-commerce 7,810 9,226 118.1 101.7 Overseas business 2,817 2,741 97.3 81.4 New products 2,049 2,617 127.7 90.6 Total for 3 initiatives 12,677 14,585 115.1 95.1」
The company disclosed cumulative results for the first 3 quarters and achievement against plan for the 3 sales initiatives related to Project-NANA2.0. E-commerce and overseas business exceeded plan, while new products achieved 90.6% of plan and the 3 initiatives combined achieved 95.1%. - FY2020-Q2AdvancedAnnual report
「The 3 sales initiatives set out in the medium-term management plan were as follows. Cumulative consolidated period for the first 2 quarters of the previous fiscal year (From 1 April 2018 To 30 September 2018) (¥ million) Cumulative consolidated period for the first 2 quarters of the current fiscal year (From 1 April 2019 To 30 September 2019) (¥ million) Year-on-year comparison (%) Comparison with plan for the same period (%)」
The company disclosed cumulative results for the first 2 quarters and achievement against plan for the 3 sales initiatives related to Project-NANA2.0. The 3 initiatives totaled ¥9,460 million, or 99.5% of plan for the same period. - FY2020-Q1AdvancedAnnual report
「The 3 sales promotion initiatives set out in the Medium-Term Management Plan grew as follows. E-commerce 2,428 2,880 118.6 105.8 Overseas business 784 824 105.0 90.3 New products 599 792 132.1 91.5 Total for 3 initiatives 3,813 4,497 117.9 99.9」
The company disclosed first-quarter results and achievement against the full-year plan for the 3 sales initiatives related to Project-NANA2.0. The combined achievement rate for the 3 initiatives was 99.9% of plan. - FY2019AdvancedAnnual report
「Business and financial issues to be addressed: To reach the final target of PROJECT-NANA- for fiscal 2019, its final year, we will make maximum use of the resources of our Group during the remaining 1 year and work diligently to achieve the target, while also preparing for the next medium-term management plan.」
Based on the results of Project-NANA2.0, the company entered a phase in which it is simultaneously pursuing the plan's targets, with 1 year remaining until the final year, and preparing the next medium-term plan. - FY2019-Q3AdvancedAnnual report
「<Progress of Sales Initiatives under the Medium-Term Management Plan> E-commerce 6,023 7,810 129.7 100.4 Overseas business 2,186 2,817 128.9 100.3 New products 1,332 2,049 153.8 95.7」
The company disclosed cumulative results for the first 3 quarters and plan achievement rates for the sales initiatives related to Project-NANA2.0. E-commerce and overseas business exceeded plan, while new products achieved 95.7% of plan. - FY2019-Q2AdvancedAnnual report
「The 3 sales promotion initiatives set out in the Medium-Term Management Plan grew as follows.」
For the 3 sales initiatives related to Project-NANA2.0, cumulative results for the first 2 quarters exceeded the plan. The plan achievement rates for e-commerce, overseas business and new products were 103.3%, 108.7% and 102.0%, respectively. - FY2019-Q1AdvancedAnnual report
「The 3 sales initiatives set out in the Medium-Term Management Plan grew as follows.」
For the 3 revenue initiatives related to Project-NANA2.0, the company disclosed first-quarter results and performance against plan. E-commerce was 100.6% of plan, the overseas business was 105.0%, and new products were 95.8%. - FY2018AdvancedAnnual report
「The initiatives undertaken under the upgraded Medium-Term Management Plan "Project-NANA2.0-," launched in fiscal 2017, have produced visible results, and "reaccelerating growth" is becoming a reality. Over the remaining 2 years, the Group will make maximum use of its resources to achieve its targets while expanding the scope of its business with a view to the future.」
The company assessed that renewed acceleration of growth under Project-NANA2.0 is becoming a reality and indicated that initiatives will continue for the remaining 2 years. - FY2018-Q3RestatedAnnual report
「Selling, general and administrative expenses were ¥8,689 million, up 8.5% year on year. This was due mainly to higher freight and storage costs accompanying sales growth, higher personnel expenses associated with increased investment in personnel to support the growth strategies, and higher property rents accompanying the expansion of inventory storage space.」
The company confirmed from the cost perspective that it is increasing investment in human resources to support the growth strategy under the medium-term management plan. No new milestones for achieving the plan are stated. - FY2018-Q2RestatedAnnual report
「Selling, general and administrative expenses were ¥5,623 million, up 10.3% year on year. This was due mainly to higher freight and storage costs accompanying sales growth, higher advertising expenses following updates to the English- and Chinese-language catalogs and the three catalogs including the aforementioned "Navi-Suke," and higher personnel expenses associated with personnel investment to support the growth strategies.」
From the cost perspective, the company continues to invest in human resources for the growth strategy related to Project-NANA2.0. No new achievement milestones are stated. - FY2018-Q1RestatedAnnual report
「An increase in advertising expenses due to updating the Chinese-language and English-language catalogs for the first time in 2 years, and an increase in personnel expenses due to increasing staffing to execute the medium-term management plan.」
The company confirmed from the cost perspective that it is increasing staffing to execute the restructured medium-term management plan. No new achievement milestones for Project-NANA2.0 are stated. - FY2017First statedAnnual report
「As the company reaches the midpoint year of the five-year “Project -NANA-” plan, it has restructured additional measures to support achievement of the plan as “Project -NANA2.0-,” taking into account areas that are progressing as expected and areas requiring review. The company will move forward by fully unlocking the resources of the group, which had been constrained by conventional assumptions, and by pursuing ideas unconstrained by existing frameworks.」
In the midpoint year of the original Project-NANA plan, the company restructured the measures supporting achievement of the plan as Project-NANA2.0.