Promoting EDLP and a Sell-Through Operating Model
First written in FY2018. 4 of 10 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 1 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「With “better products at lower prices” as its motto, the Company is working to expand private-label products focused on the four themes of materials, functionality, price and sustainability and to establish an operating model that sells through its inventory, while promoting its “Everyday Low Price” strategy.」
The Company continues its private-label expansion, sell-through operating model, four themes and Everyday Low Price strategy. - FY2024RestatedAnnual report
「Under the motto “Better products at lower prices,” we will continue expanding private-label products based on four themes—materials, functionality, price and sustainability—and building a system for selling through our inventory, further advancing our “Everyday Low Price” strategy.」
The Company continues its private-label expansion, sell-through operating model, four themes of materials, functionality, price and sustainability, and Everyday Low Price strategy. - FY2024-Q3AdvancedAnnual report
「In sales, in addition to converting stores to formats suited to local needs, we promoted private-label products at unchanged prices and reviewed the sales-floor layout and product range for professional products, particularly tools, to strengthen the professional business and revitalize existing stores.」
The Company promoted private-label products whose prices had been kept unchanged and is linking its low-price policy to stronger business aimed at professionals and the revitalization of existing stores. - FY2024-Q1AdvancedAnnual report
「We strengthened women's apparel with enhanced design appeal, as well as general-consumer footwear for running, outdoor activities and women's wear. In new categories, we introduced golf wear and women's innerwear to better meet customer needs. Private-label products also benefited from unchanged prices for core products, raising their share of chain-wide sales to 68.1%, up 2.9 percentage points year on year.」
The Company continued its policy of keeping prices unchanged for its core private-label products and increased private-label products’ share of total chain-wide sales to 68.1%. - FY2023AdvancedAnnual report
「By keeping private-label product prices unchanged, we pursued our corporate raison d'être of “setting a new standard for functionality and price.” We also worked to create new demand by responding to customer feedback, including expanding the camping gear and golf-related products for which demand was strong. As a result, private-label products accounted for 65.9% of chain-wide sales, up 3.4 percentage points year on year.」
The Company kept private-label prices unchanged despite higher procurement costs, expanded its camping gear and golf-related product offerings, and increased the private-label ratio to 65.9%. - FY2023-Q3AdvancedAnnual report
「Amid rising procurement costs, we kept private-label product prices unchanged and sought to strengthen our customer base by delivering value through “functionality and price.” This pricing policy also accelerated private-label product sales, raising their share of chain-wide sales to 66.0%, up 3.6 percentage points year on year.」
The Company kept private-label product prices unchanged despite higher procurement costs and increased the sales mix of private-label products to 66.0%. - FY2022RaisedAnnual report
「The Company is working to expand private-label products focused on the four themes of materials, functionality, price and sustainability and to establish an operating model that sells through its inventory, while further advancing its “Everyday Low Price” strategy.」
The scope has expanded from the previous three themes to four with the addition of sustainability, while private-label expansion, the sell-through operating model and the low-price strategy continue. - FY2021RestatedAnnual report
「With “better products at lower prices” as its motto, the Company is working to expand private-label products focused on the three themes of materials, functionality and price and to establish an operating model that sells through its inventory, while further advancing its “Everyday Low Price” strategy.」
The Company continues its private-label expansion, sell-through operating model and Everyday Low Price strategy. - FY2019RestatedAnnual report
「With “better products at lower prices” as its motto, the Company is working to expand private-label products focused on the three themes of “materials, functionality and price” and to establish an operating model that sells through its inventory, while further advancing its “Everyday Low Price” strategy.」
The Company continues its private-label expansion, sell-through operating model and Everyday Low Price strategy. - FY2018First statedAnnual report
「The Company is working to expand private-label products focused on the three themes of “materials, functionality and price” and to establish an operating model that sells through its inventory, while further advancing its “Everyday Low Price” strategy.」
The Company presents private-label expansion, a sell-through operating model and a permanent low-price strategy as separate product policy initiatives.