Inadequate Control of Figures Due to Defects in New Core System; Increase in Disposals Following Markdowns
First written in FY2023-Q2. 2 of 3 entries say "Mitigated", first in FY2023-Q3. Latest entry: FY2023.
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- FY2023MitigatedAnnual report
「As defects in the new core system had been largely resolved from the third quarter onward, we pursued improvements aimed at maximizing gross profit while securing market share, by targeting appropriate merchandise volumes that would prevent unnecessary markdowns and disposals, enabling us to secure both net sales and gross profit.」
It states that, while inadequate numerical management and other issues occurred due to defects in the new core system, the defects had been largely resolved from the third quarter onward, enabling the company to secure net sales and gross profit. - FY2023-Q3MitigatedAnnual report
「Compounded by malfunctions in the new core system introduced in March, numerical management became inadequate, markdowns and write-offs increased, and the company was unable to secure sufficient gross profit. The malfunctions in the new core system have now largely been resolved」
It states that, while inadequate numerical management, increased markdowns and disposals, and insufficient gross profit occurred due to defects in the new core system, the defects have now been largely resolved. - FY2023-Q2MaterialisedAnnual report
「In addition to defects in the new core system introduced in March, numerical management became inadequate, resulting in increased markdowns and disposals, and we were unable to secure sufficient gross profit.」
It states that defects in the new core system introduced in March resulted in inadequate numerical management, increased markdowns and disposals, and an inability to secure sufficient gross profit.