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Workman (7564) · InitiativeAdvanced

Developing New Customer Segments through the Workman Plus Project

First written in FY2016. 34 of 42 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-03.

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ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2019-Q1AdvancedFY2019-Q2 – 2026-05-112016: 220162017: 320172018: 420182019: 420192020: 320202021: 420212022: 320222023: 320232024: 220242025: 220252026: 122026
Same theme, other companies
Multi-pronged growth strategy spanning new brands, experiential services, IT and store openingsA theme 7 companies write about · 0 as a headwind · 7 as a tailwind

The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.

3 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In expanding the store network, we accelerated the rollout of Workman Colors and strengthened openings in shopping centers by introducing a new corporate franchise system, seeking to further broaden the customer base. As a result, we opened 38 Workman Colors stores and 10 Workman Plus stores, for a total of 48 new stores, carried out 7 scrap-and-build projects, converted 87 stores, and closed 5 stores, bringing the total to 1,094 stores, comprising 255 Workman stores, 711 Plus stores, 31 #女子 stores, 87 Colors stores and 10 Pro stores.」

    Advanced the rollout of Workman Colors and strengthened shopping-center openings through the corporate franchise system, bringing the store network to 1,094 locations.
  2. FY2026-H1AdvancedAnnual report

    「In expanding the store network, we strengthened openings of Workman Plus stores in major urban areas and small trade areas, seeking deeper market penetration through greater concentration. For Workman Colors, we accelerated openings in commercial hubs expected to attract a broad range of customers, expanding the customer base. As a result, we opened 17 Workman Colors stores and 5 Workman Plus stores, for a total of 22 new stores, carried out 3 scrap-and-build projects, converted 37 stores, and closed 2 stores, bringing the total to 1,071 stores, comprising 283 Workman stores, 682 Plus stores, 56 #女子 stores, 40 Colors stores and 10 Pro stores.」

    Advanced the concentration of Workman Plus stores in major urban areas and small trade areas and accelerated Workman Colors openings in commercial hubs. The total reached 1,071 stores, including 682 Workman Plus stores.
  3. FY2025AdvancedAnnual report

    「In expanding the store network, we worked to strengthen our customer base by expanding the Workman Colors network and increasing the concentration of Workman Plus stores. As a result, we opened 40 roadside stores and 6 shopping-center stores, for a total of 46 new stores, carried out 13 scrap-and-build projects, converted 75 stores, and closed 6 stores, bringing the total to 1,051 stores, comprising 317 Workman stores, 645 Plus stores, 62 #女子 stores, 17 Colors stores and 10 Pro stores.」

    Advanced the rollout and concentration of formats including Workman Plus, #ワークマン女子 and Workman Colors, expanding the store network to 1,051 locations.
  4. FY2025-H1AdvancedAnnual report

    「In expanding the store network, we expanded the #ワークマン女子 network and promoted conversions to formats suited to local needs to improve convenience. As a result, we opened 9 roadside stores and 4 shopping-center stores, for a total of 13 new stores, carried out 6 scrap-and-build projects, converted 31 stores, and closed 3 stores, bringing the total to 1,021 stores, comprising 363 Workman stores, 591 Workman Plus stores, 57 #ワークマン女子 stores and 10 Workman Pro stores.」

    Expanded Workman Plus to 591 stores and #ワークマン女子 to 57 stores, while advancing business-format conversions in response to local needs. The total number of stores reached 1,021.
  5. FY2024AdvancedAnnual report

    「In expanding the store network, we accelerated street-front openings on sites within shopping centers and open-air shopping centers, mainly in urban areas. Through active scrap-and-build initiatives, we secured store areas appropriate to sales potential and sought to improve convenience. As a result, we opened 20 roadside stores and 13 shopping-center stores, for a total of 33 new stores, carried out 16 scrap-and-build projects, converted 66 stores, and closed 3 stores, bringing the total to 1,011 stores, comprising 401 Workman stores, 552 Workman Plus stores, 48 #ワークマン女子 stores and 10 Workman Pro stores.」

    Advanced openings in urban shopping centers and open-air shopping centers and business-format conversions, expanding the store network to 1,011 locations.
  6. FY2024-Q1AdvancedAnnual report

    「In expanding the store network, we accelerated openings in high-traffic shopping centers and open-air shopping centers to improve convenience by expanding our general-consumer store network. During the cumulative first quarter, we opened 10 roadside stores and 5 shopping-center stores, for a total of 15 new stores, carried out 5 scrap-and-build projects, converted 41 stores to Workman Plus and Workman Pro formats, and closed 1 store, bringing the total to 995 stores, comprising 433 Workman stores, 516 Workman Plus stores, 37 #ワークマン女子 stores and 9 Workman Pro stores.」

    Accelerated openings in shopping centers and open-air shopping centers, expanding the store network, including general-consumer formats, to 995 locations.
  7. FY2023AdvancedAnnual report

    「In expanding the store network, we accelerated openings in previously untapped areas such as urban locations and open-air shopping centers and pursued greater market concentration. We also converted existing stores to formats suited to local customer needs, working to build a business-format portfolio for sustainable growth. As a result, we opened 35 roadside stores and 4 shopping-center stores, carried out 11 scrap-and-build projects, converted 67 stores to Workman Plus and Workman Pro formats, and closed 2 stores, bringing the total to 981 stores, including 473 Workman Plus stores, 26 #ワークマン女子 stores and 3 Workman Pro stores.」

    Advanced openings in urban areas and open-air shopping centers and business-format conversions, bringing the total to 981 stores, including 473 Workman Plus stores, 26 #ワークマン女子 stores and 3 Workman Pro stores.
  8. FY2023-Q3AdvancedAnnual report

    「In expanding the store network, we opened our first department-store location at Tokyu Department Store Kichijoji to strengthen our presence in urban areas. We also accelerated openings in new locations such as open-air shopping centers and promoted renovations of existing stores, working to build a business-format portfolio for sustainable growth. During the cumulative first 3 quarters, we opened 32 roadside stores and 3 shopping-center stores, carried out 11 scrap-and-build projects, converted 67 stores to Workman Plus and Workman Pro formats, and closed 2 stores, bringing the total to 977 stores, including 470 Workman Plus stores, 25 #ワークマン女子 stores and 3 Workman Pro stores.」

    Accelerated openings in urban department stores and open-air shopping centers and renovations of existing stores, expanding the store network to 977 locations, including 470 Workman Plus stores.
  9. FY2023-Q2AdvancedAnnual report

    「In store expansion, we opened stores in new markets, including city centers and open-air shopping malls, to achieve sustainable growth, while pursuing openings tailored to customer needs through new-format development and expansions of sales-floor space and parking facilities. As a result, we opened 16 roadside stores and 2 shopping-center stores, carried out 8 scrap-and-build projects, converted 38 stores to Workman Plus through renovations and closed 1 store, bringing the total to 961 stores, including 426 Workman Plus stores, 22 # Workman Joshi stores and 1 Workman Pro store.」

    Expanded store development, including openings in new markets such as city centers and open-air shopping malls, new-format development, and expansions of sales-floor space and parking facilities, including for general consumers.
  10. FY2023-Q1AdvancedAnnual report

    「For # Workman Joshi, we accelerated the opening of flagship stores in Tokyo, including Exit Melsa Ginza and Ikebukuro Sunshine City Alpa, as well as the roadside rollout. We also opened Workman Shoes, a new format operated alongside # Workman Joshi, expanding the store network for general consumers. For Workman Plus, we carried out active openings, scrap-and-build projects and conversions through renovations. As a result, we opened 10 roadside stores and 2 shopping-center stores, carried out 3 scrap-and-build projects and converted 38 stores to Workman Plus through renovations, bringing the total to 956 stores, including 418 Workman Plus stores, 19 # Workman Joshi stores and 1 Workman Pro store.」

    In addition to expanding Workman Plus, advanced the opening of a Tokyo flagship # Workman Joshi store and its roadside rollout, as well as the opening of Workman Shoes, expanding the store network for general consumers.
  11. FY2022AdvancedAnnual report

    「In store expansion, we opened Workman Pro, developed by listening to professional tradespeople, while accelerating the roadside rollout of # Workman Joshi and working to create an environment in which all customers can shop comfortably. As a result, we opened 35 roadside stores and 5 shopping-center stores, carried out 12 scrap-and-build projects and converted 59 stores to Workman Plus through renovations, bringing the total to 944 stores, including 372 Workman Plus stores, 12 # Workman Joshi stores and 1 Workman Pro store.」

    Expanded the store formats to include Workman Plus, # Workman Joshi and Workman Pro, bringing the network to 944 stores, including 372 Workman Plus stores and 12 # Workman Joshi stores.
  12. FY2022-Q2AdvancedAnnual report

    「In store expansion, as part of our efforts to achieve sustainable growth, we established a new format with expanded sales-floor space and parking capacity and rolled out the new-format # Workman Joshi at roadside locations, strengthening our density-based expansion strategy. As a result, we opened 17 roadside stores and 3 shopping-center stores, carried out 3 scrap-and-build projects and converted 39 stores to Workman Plus through renovations, bringing the total to 924 stores, including 329 Workman Plus stores and 7 # Workman Joshi stores.」

    Advanced establishment of the new format and the roadside rollout of # Workman Joshi, bringing the network to 329 Workman Plus stores, 7 # Workman Joshi stores and 924 stores overall.
  13. FY2022-Q1AdvancedAnnual report

    「In store expansion, we accelerated Workman Plus openings in areas with low store density, while # Workman Joshi opened its first roadside store and began a new rollout aimed at expanding to multiple locations. As a result, we opened 8 roadside stores and 3 shopping-center stores and converted 39 stores to Workman Plus through renovations, bringing the total to 916 stores, including 318 Workman Plus stores and 6 # Workman Joshi stores.」

    Accelerated Workman Plus openings in low-density areas, opened new roadside and shopping-center stores, and converted 39 stores through renovations. The network reached 916 stores, including 318 Workman Plus stores.
  14. FY2021AdvancedAnnual report

    「In store expansion, in addition to increasing Workman Plus locations, we developed the new-format # Workman Joshi as a store format supporting sustainable growth. As a result, we opened 34 roadside stores and 5 in-store locations, carried out 8 scrap-and-build projects and converted 53 stores to Workman Plus through renovations, bringing the total to 906 stores, including 272 Workman Plus stores and 2 # Workman Joshi stores.」

    Expanded the Workman Plus network to 272 stores, while the new-format # Workman Joshi reached 2 stores.
  15. FY2021-Q3AdvancedAnnual report

    「In store expansion, as part of standardizing a “next-generation store format,” we began expanding sales-floor space and parking capacity and rolling out pilotis-type stores, with parking on the first floor and the sales floor on the second. We also pursued store expansion supporting sustainable growth, including opening “# Workman Joshi” stores to ease congestion at existing stores, improve satisfaction among both professional and general customers, and further broaden the customer base. As a result, we opened 31 roadside stores and 4 in-store locations, carried out 8 scrap-and-build projects and converted 53 stores to Workman Plus through renovations. Following our first opening in Miyazaki Prefecture, we achieved coverage of all 47 prefectures, with a total of 902 stores, including 269 Workman Plus stores and 1 # Workman Joshi store.」

    Continued expanding Workman Plus and opened # Workman Joshi, bringing the network to 902 stores across all 47 prefectures, including 269 Workman Plus stores.
  16. FY2021-Q2AdvancedAnnual report

    「In store expansion, all new openings were Workman Plus locations: 15 roadside stores and 2 in-store locations, along with 1 scrap-and-build project and 29 conversions to Workman Plus through renovations. The network totaled 885 stores across 46 prefectures, including 222 Workman Plus stores.」

    Made all new openings Workman Plus locations, opening 15 roadside stores and 2 in-store locations and converting 29 stores through renovations. The number of Workman Plus stores reached 222.
  17. FY2020AdvancedAnnual report

    「At our stores, we accelerated the nationwide rollout of Workman Plus to raise brand recognition. All new stores opened during the fiscal year were Workman Plus locations: 30 roadside stores and 6 in-store locations, along with 6 scrap-and-build projects and 121 conversions to Workman Plus through renovations.」

    Focused all new openings on Workman Plus, opening 30 roadside stores and 6 in-store locations and converting 121 stores through renovations.
  18. FY2020-Q3AdvancedAnnual report

    「In store expansion, we worked to refresh the store image and improve brand recognition by actively converting existing stores to Workman Plus. During the cumulative third quarter, we opened 19 roadside stores and 4 in-store locations, carried out 5 scrap-and-build projects, converted 114 stores to Workman Plus through renovations and closed 2 stores. As of 31 December 2019, there were 813 franchise stores (stores under Franchisee A agreements), an increase of 79 from the end of the previous fiscal year, and 45 directly operated stores (stores under Franchisee B agreements, training stores and shopping-center stores), a decrease of 58. The network totaled 858 stores across 46 prefectures, including 154 Workman Plus stores.」

    Expanded conversions to Workman Plus to 114 stores, bringing the number of Workman Plus stores to 154 and the total network to 858 stores as of 31 December 2019.
  19. FY2020-Q2AdvancedAnnual report

    「In store expansion, we sought to increase the number of Workman Plus locations. During the cumulative second quarter, we opened 9 roadside stores and 2 shopping-center stores, carried out 3 scrap-and-build projects and converted 43 existing stores through renovations. As of 30 September 2019, there were 795 franchise stores (stores under Franchisee A agreements), an increase of 61 from the end of the previous fiscal year, and 53 directly operated stores (stores under Franchisee B agreements and training stores), a decrease of 50. The network totaled 848 stores across 46 prefectures, including 69 Workman Plus stores.」

    Expanded Workman Plus, opening 9 roadside stores and 2 shopping-center stores. Converted 43 existing stores through renovations, bringing the number of Workman Plus stores to 69 and the total number of operating stores across 46 prefectures to 848.
  20. FY2020-Q1AdvancedAnnual report

    「In store expansion, we sought to increase the number of Workman Plus locations, opening 5 roadside stores and 1 shopping-center store, carrying out 3 scrap-and-build projects and converting 8 existing stores through renovations. As of 30 June 2019, the number of operating stores was 780 franchise stores (stores under Franchisee A agreements), an increase of 46 from the end of the previous fiscal year, and 63 directly operated stores (stores under Franchisee B agreements and training stores), a decrease of 40. Following our first opening in Kagoshima Prefecture, we had a total of 843 stores across 46 prefectures, including 29 Workman Plus stores.」

    Expanded Workman Plus, opening 5 roadside stores and 1 shopping-center store. Following the first opening in Kagoshima Prefecture, the network reached 843 stores across 46 prefectures, including 29 Workman Plus stores.
  21. FY2019AdvancedAnnual report

    「Against this backdrop, we opened Workman Plus stores, a new format targeting general customers as well as outdoor and sports users under the concept of “high functionality × low prices,” to discover potential customers. The format received extensive media coverage and had a significant positive effect on customer traffic and sales at existing stores.」

    States that opening Workman Plus stores helped develop general and potential customers and had a spillover effect on customer traffic and sales at existing stores.
  22. FY2019-Q3AdvancedAnnual report

    「In sales, we carried out large-scale opening publicity through nationwide TV commercials and full-color front-page advertisements in national newspapers for the new-format Workman Plus LaLaport Tachikawa Tachihi store and the roadside Workman Plus Kawasaki Nakanojima store, which opened in November. We also held briefings for bloggers, resulting in extensive coverage on TV information programs and nearly three times the customer traffic and sales of a standard opening. The share of general users, including first-time and female customers, increased. Particularly notable was the strong spillover effect on existing Workman stores nationwide, which made a significant contribution to sales growth.」

    Expanded Workman Plus through new-format and roadside stores, achieving nearly three times the customer traffic and sales of a standard opening, a higher share of general users and a spillover effect on existing stores through opening publicity and blogger briefings.
  23. FY2019-Q2AdvancedAnnual report

    「In sales, we opened the first Workman Plus store, a new format specializing in high-functionality casual wear for general consumers, at LaLaport Tachikawa Tachihi. We publicized the opening on an unprecedented scale through nationwide TV commercials and full-color front-page advertisements in national newspapers. The store recorded unprecedented sales, with customers forming long queues at the registers on opening day. Its success received extensive coverage on nationwide television, in national newspapers and in major business magazines. This media strategy produced significant results in expanding sales at existing stores and acquiring new customer segments.」

    States that the first Workman Plus store, a new format offering high-functionality casual wear for general consumers, led to the acquisition of new customer segments and higher existing-store sales through opening-day traffic and sales and media coverage.
  24. FY2019-Q1RestatedAnnual report

    「We developed private-label products such as the lightweight, easy-to-move Aero STRETCH series and the WM Stretch Series of workwear for corporate customers, focusing on low prices, durability, ease of movement and design, and advanced customer-base expansion.」

    Continues to broaden the customer base through private-label products that appeal to general and corporate customers in addition to workwear users.
  25. FY2018RestatedAnnual report

    「We will also develop stylish products with a strong focus on design, seeking to increase sales at individual stores by expanding our customer base and increasing the number of items purchased.」

    Reaffirming the direction of expanding the customer base and increasing sales at individual stores through stylish product development.
  26. FY2018-Q3RestatedAnnual report

    「We sought to broaden our customer base by developing private-label products that pursue casual design and low prices while retaining workwear functionality.」

    Continues to broaden the customer base by developing private-label products that combine workwear with casual styling and low prices.
  27. FY2018-Q2RestatedAnnual report

    「Against this backdrop, we developed high-functionality apparel such as STRETCH Jackets and Pants, which combine the casual design and low prices sought in workwear with light weight and excellent freedom of movement, further strengthening our product offering and broadening our customer base.」

    Continues to broaden the customer base by developing high-functionality products that combine workwear with casual styling and low prices.
  28. FY2018-Q1RestatedAnnual report

    「We strengthened our product offering and expanded our customer base to include general consumers by developing private-label products that combine workwear functionality with casual styling.」

    Continues to expand the customer base to general consumers by developing private-label products that combine workwear applications with casual styling.
  29. FY2017-Q3RestatedAnnual report

    「We advanced differentiation from competitors by strengthening the newly launched outdoor-oriented FieldCore brand.」

    Strengthened the outdoor-oriented FieldCore brand, reaffirming the direction of expanding the customer base through product offerings beyond traditional workwear applications.
  30. FY2017-Q2AdvancedAnnual report

    「We launched three new brands under the concept of “professional quality in casual wear”: FieldCore, with an outdoor aesthetic suitable for city wear; Find-Out, with a sports aesthetic; and AEGIS, featuring waterproof functionality effective for motorcycling and fishing. We advanced differentiation from competitors and broadened our customer base.」

    Launched new brands for casual, outdoor, sports, motorcycling and fishing uses, concretely expanding the customer base beyond traditional workwear applications.
  31. FY2016First statedAnnual report

    「We will promote the Workman Plus Project and work to further broaden our customer base and increase sales at individual stores by offering products for working women in addition to outdoor and sports products, and by creating store environments that reflect local characteristics.」

    Identifies outdoor and sports products, products for working women, and store environments reflecting local characteristics as means of expanding the customer base and sales at individual stores.
Moved together

"Differentiation from competitors through the development of private-brand products" moved the same way as this thread, in the same document, in 31 of its 39 moves.

313126252014★123456
  1. ★This thread
  2. 1Differentiation from competitors through the development of private-brand products31×
  3. 2Expansion of the store network and strengthening of the dominant position in Kanto and Kinki31×
  4. 3Revitalizing Existing Stores through Scrap-and-Build Projects26×
  5. 4Revitalizing Individual Stores Through Store Exterior, Sales-Floor and Media Strategies25×
  6. 5Sales and profit growth accompanied by store network expansion20×
  7. 6High Equity Ratios and a Financial Base Built Through Internal Accumulation14×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Workman yet. It last moved in the Earnings presentation of 2026-08-03: "Advanced".
News
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