Advancement of the Medium-Term Management Plan "Project -NANA-"
First written in FY2016. 8 of 17 entries say "Advanced", first in FY2018. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020ReframedAnnual report
「The Medium-Term Management Plan was launched in April 2015, with particular emphasis placed on "reaccelerating growth." …The Company intends to incorporate the results into the next Medium-Term Management Plan and advance them further.」
After concluding the 2015 fiscal-year "PROJECT -NANA-" with an assessment of its results in the final year, the Company moved into the phase of carrying those results forward 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」
For the 3 sales initiatives in the Medium-Term Management Plan, cumulative third-quarter results and performance against plan for the same period were updated. The total for the 3 initiatives was ¥14,585 million, or 95.1% of plan. - FY2020-Q2AdvancedAnnual report
「The 3 sales initiatives set out in the Medium-Term Management Plan were as follows. E-commerce 4,970 5,995 120.6 105.4 Overseas business 1,779 1,750 98.3 85.3 New products 1,307 1,714 131.1 96.9 Total for 3 initiatives 8,058 9,460 117.4 99.5」
For the 3 sales initiatives in the Medium-Term Management Plan, cumulative second-quarter results and performance against plan were disclosed. E-commerce was ¥5,995 million, or 105.4% of plan; overseas business was ¥1,750 million, or 85.3%; new products were ¥1,714 million, or 96.9%; and the total for the 3 initiatives was ¥9,460 million, or 99.5%. - 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」
For the 3 sales promotion initiatives in the Medium-Term Management Plan, first-quarter results and performance against the full-year plan were disclosed. E-commerce was ¥2,880 million, or 105.8% of plan; overseas business was ¥824 million, or 90.3%; new products were ¥792 million, or 91.5%; and the total for the 3 initiatives was ¥4,497 million, or 99.9%. - FY2019AdvancedAnnual report
「As a result of concentrating management resources on the 3 growth strategies, sales were ¥10,795 million for the e-commerce business, up 27.9% year on year, ¥3,973 million for the overseas business, up 25.4%, and ¥2,997 million for new products, up 40.2%, for a combined ¥17,766 million, up 29.2%, making these businesses major drivers of overall growth.」
Full-year results for the 3 initiatives of e-commerce, overseas business and new products were disclosed. Combined sales were ¥17,766 million, up 29.2% year on year. - 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」
For the sales initiatives in the Medium-Term Management Plan, cumulative third-quarter results and performance against plan were disclosed. E-commerce was ¥7,810 million, overseas business was ¥2,817 million and new products were ¥2,049 million, representing 100.4%, 100.3% and 95.7% of plan, respectively. - FY2019-Q2AdvancedAnnual report
「The 3 sales promotion initiatives set out in the Medium-Term Management Plan grew as follows.」
For the 3 sales promotion initiatives in the Medium-Term Management Plan, cumulative second-quarter results and performance against plan were disclosed. E-commerce was ¥4,970 million, overseas business was ¥1,779 million and new products were ¥1,307 million, representing 103.3%, 108.7% and 102.0% of plan, respectively, for the period. - FY2019-Q1AdvancedAnnual report
「The 3 sales initiatives set out in the Medium-Term Management Plan grew as follows.」
For the 3 sales initiatives in the Medium-Term Management Plan, first-quarter results were disclosed as e-commerce at ¥2,428 million, overseas business at ¥784 million and new products at ¥599 million, together with each initiative's performance against plan. - 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.」
It stated that the results of the Project-NANA2.0 initiatives had become visible and indicated a policy of pursuing target achievement and business expansion over 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.」
Investment in personnel to support the growth strategies has increased, while freight and storage costs and expenses associated with expanding inventory storage space have also risen. - 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.」
Investment in personnel for the growth strategies related to the Medium-Term Management Plan is continuing. No new plan name or milestones for achieving the plan are presented. - FY2018-Q1RestatedAnnual report
「Selling, general and administrative expenses were ¥2,803 million. Total expenses increased by ¥311 million, due mainly to higher advertising expenses following the updating of the Chinese- and English-language catalogs for the first time in 2 years, higher personnel expenses due to increased staffing for execution of the Medium-Term Management Plan, and higher freight and storage costs accompanying sales growth.」
The Group continues to invest in personnel to execute the Medium-Term Management Plan. No new plan name or explicit milestones are stated. - FY2017ReframedAnnual report
「As the Company enters the midpoint year of the five-year plan "Project -NANA-," it has restructured further initiatives to support achievement of the plan as "Project -NANA2.0-," taking into account aspects that are progressing as expected and those requiring review.」
At the midpoint of the five-year plan, the original plan was restructured as Project-NANA2.0. - FY2017-Q3RestatedAnnual report
「In addition, the Group strengthened its workforce and invested in logistics facilities and systems as part of its growth strategies, increasing logistics costs, including personnel expenses and property rents.」
Workforce expansion and investment in logistics facilities and systems under the growth strategies are continuing, but no new plan name or specific milestones are presented. - FY2017-Q2RestatedAnnual report
「Logistics costs, including personnel expenses and property rents, as well as research and development expenses, increased as a result of executing growth strategies under the Medium-Term Management Plan.」
Execution of the growth strategies under the Medium-Term Management Plan is continuing, but no new plan name or specific milestones are presented. - FY2017-Q1RestatedAnnual report
「At the same time, logistics costs, including personnel expenses and property rents, increased as a result of executing growth strategies under the Medium-Term Management Plan, including the appointment of personnel and enhancement of logistics center functions.」
It states that execution of the growth strategies under the Medium-Term Management Plan is continuing, but does not present any specific new milestones. - FY2016First statedAnnual report
「Against this backdrop, the Group focused on proactive sales activities, including expanding the market through the publication of various catalogs and the enhancement of various services, with the initiatives under the Medium-Term Management Plan "Project -NANA-," launched in fiscal 2015, as its central focus.」
The medium-term plan launched in fiscal 2015 is positioned around catalog publication, service expansion and market expansion.