Focused Investment Through Strategic Concentration
First written in FY2016. 1 of 5 entries say "Reframed", first in FY2017. Latest entry: FY2018.
2 other companies' latest entry also says "Achieved".
- FY2018AchievedAnnual report
「During the fiscal year, the Group withdrew from the sports and wholesale businesses, absorbed and merged its beauty business subsidiary, and temporarily concentrated the Group on the beauty and kimono and jewelry businesses through “selection and concentration,” implementing a major business reorganization aimed at accelerating new growth.」
The Group withdrew from the sports and wholesale businesses and absorbed and merged its beauty business subsidiary, confirming the implementation of business reorganization through selection and concentration over the full fiscal year. - FY2018-Q3RestatedAnnual report
「Against this backdrop, we transferred the sports business and sold shares in a subsidiary engaged in the wholesale business, implementing a large-scale “selection and concentration” strategy to consolidate the business portfolio into the beauty and traditional Japanese clothing and jewelry businesses, and began restructuring the businesses to accelerate new growth.」
The implementation of “selection and concentration,” involving withdrawal from the sports and wholesale businesses and concentration on the beauty and kimono and jewelry businesses, and its positioning as a means of accelerating growth have been reiterated. - FY2018-Q1AdvancedAnnual report
「Against this backdrop, we transferred the sports business and sold shares in a subsidiary engaged in the wholesale business, implementing a large-scale “selection and concentration” strategy to consolidate the business portfolio into the beauty and traditional Japanese clothing and jewelry businesses, and began restructuring the businesses to accelerate new growth.」
The previous business reorganization policy was implemented as a large-scale business consolidation involving the transfer of the sports business and the sale of shares in the wholesale subsidiary. - FY2017ReframedAnnual report
「These business reorganizations involve temporarily concentrating the Group primarily on the beauty and kimono and jewelry businesses through a policy of “selection and concentration.”」
“Selection and concentration” evolved from an investment focus into a specific reorganization policy involving withdrawal from the sports and wholesale businesses and concentration on the beauty and kimono and jewelry businesses. - FY2016First statedAnnual report
「Focused Investment Through Strategic Concentration」
The focus of investment is on establishing and strengthening the business and store business models and maintaining and improving the quality of services provided.