Twin Turbo Initiative (Revitalizing Existing Stores and Reducing Inventory)
First written in FY2017-Q1. 4 of 10 entries say "Restated". Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021DroppedAnnual report
「In April 2021, the Group announced the Third Medium-Term Management Plan — We Will Always Love Kohnan!! Still the Perfect Fit for You.」
The former medium-term management plan's Twin Turbo Initiative and the references to revitalizing existing stores and reducing inventory are no longer included, and the Group has transitioned to the Third Medium-Term Management Plan. - FY2019DroppedAnnual report
「In April 2018, the Group announced the Second Medium-Term Management Plan (2018-2020) — More Kohnan, More to Love — covering the following three years.」
After explaining in fiscal 2018 that the former medium-term management plan had reached its final year and that the Group's financial position had improved significantly, this filing no longer refers to the Twin Turbo Initiative or the former plan and instead moves to the Second Medium-Term Management Plan. - FY2018AdvancedAnnual report
「The Group continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in the medium-term management plan announced in fiscal 2015. In the current fiscal year, the final year of the medium-term management plan, progress remained solid in line with the original plan, and the Group achieved a significant improvement in its financial position.」
The company explained that the initiatives to revitalize existing stores and reduce inventory progressed as planned in the final year of the former medium-term management plan, resulting in a significant improvement in its financial position. However, it did not provide the achievement status of individual numerical targets. - FY2018-Q3RestatedAnnual report
「We have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in fiscal 2015 as the Twin Turbo Initiative. In the current fiscal year, the final year of the plan, progress has remained solid as initially planned, and the improvement in our financial position has become particularly pronounced.」
The Company reiterates that it continued to pursue the revitalization of existing stores and inventory reduction in line with the original plan in the final year of the plan, and that the improvement in its financial position has become particularly evident. No new measurable milestone is presented. - FY2018-Q2RestatedAnnual report
「We have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in fiscal 2015 as the Twin Turbo Initiative. In the current fiscal year, the final year of the plan, progress has remained solid as initially planned, and the improvement in our financial position has become particularly pronounced.」
The Company reiterates that it continued to revitalize existing stores and reduce inventory in the final year of the plan and that progress remained solid and in line with the original plan. No new measurable milestone is presented. - FY2018-Q1RestatedAnnual report
「We have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in fiscal 2015 as the Twin Turbo Initiative. In the current fiscal year, the final year of the plan, progress has remained solid as initially planned, and the improvement in our financial position has become particularly pronounced.」
The company reiterated that it continued to revitalize existing stores and reduce inventory in the final year of the plan and that progress remained solid in line with the original plan. It described the improvement in its financial position but presented no new numerical target or measurable milestone. - FY2017AdvancedAnnual report
「Against this backdrop, we have continued to advance initiatives to revitalize existing stores and reduce inventory toward achieving the medium-term management plan formulated in the previous fiscal year. In the current fiscal year, the second year of the plan, both profitability and our financial position are improving. Although pretax income was limited to ¥10,117 million, net cash provided by operating activities was ¥22,550 million, down 8.3% year on year, due mainly to depreciation and amortization of ¥9,251 million and a ¥5,782 million decrease in inventories.」
In the second year of the medium-term management plan, the Company continues to revitalize existing stores and reduce inventory and explains that profitability and financial strength are improving. It also reports specific progress in the form of a ¥5,782 million decrease in inventories. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Company disclosed a medium-term management plan in the previous fiscal year and has continued to advance initiatives to revitalize existing stores and reduce inventory toward achieving the plan. In the current fiscal year, the second year of the plan, both profitability and financial strength continue to improve.」
In the second year of the medium-term management plan, the company continued to revitalize existing stores and reduce inventory, reiterating that profitability and its financial position are improving. No new, specifically identified milestone was presented. - FY2017-Q2AdvancedAnnual report
「Against this backdrop, we have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in the previous fiscal year as the Twin Turbo Initiative. In the current fiscal year, the second year of the plan, both profitability and our financial position are improving. As a result of strengthening our inventory-reduction efforts, merchandise and finished goods decreased by ¥3,836 million.」
The company explained that it continued these initiatives in the second year of the plan and that profitability and its financial position are improving. Merchandise and finished goods decreased by ¥3,836 million as inventory-reduction efforts were strengthened. - FY2017-Q1First statedAnnual report
「We have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in the previous fiscal year as the Twin Turbo Initiative. In the current fiscal year, the second year of the plan, progress has remained solid as initially planned, and the improvement in our financial position has become particularly pronounced.」
The company is pursuing the revitalization of existing stores and inventory reduction as an integrated initiative, and explained that progress in the second year of the plan is on track with the original plan.