Second Year of the Medium-Term Management Plan: Same-Store Sales at Least 102% of the Previous Year’s Level
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2019.
The whole theme swung hardest in 2020: 16 of 44 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「Under "improving existing stores," we will promote format changes centered on Hakken Sakaba」
The numerical target of same-store sales at least 102% of the prior-year level, set through the prior fiscal year, is not repeated in this filing. Measures for existing stores are described as format changes and strengthened operation of the meister system. - FY2018AdvancedAnnual report
「Having secured same-store sales of at least 100% of the prior-year level during the fiscal year and seen improvements in sales and earnings capacity, we will continue working to maximize the realization of our core competence (a core competitive advantage). We will advance initiatives including a store manager training program aimed at leveraging the inherent strengths of existing formats and the introduction of a meister system to improve cooking standards across the 3 core formats, while pursuing operating initiatives targeting same-store sales of at least 102% of the prior-year level.」
Based on the track record of securing same-store sales at least 100% of the prior-year level, the company is maintaining its target of at least 102% for the final year and has identified store manager training and the meister system as the means to achieve it. - FY2017First statedAnnual report
「In Year 2 of the three-year medium-term management plan, while taking into account the results and lessons learned from the first year, we will work to enhance each store's sales and earnings capacity by creating menus that capitalize on the inherent strengths of our existing formats and further improving our stores to provide greater satisfaction to each customer. We will pursue operating initiatives targeting same-store sales of at least 102% of the prior-year level.」
As an operating initiative for Year 2 of the medium-term management plan, the company for the first time explicitly set a numerical target of same-store sales at least 102% of the prior-year level.