Introduction of Collection Guarantee-Type Shopping Credit
First written in FY2019-Q3. 5 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2023.
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- FY2023AdvancedAnnual report
「In terms of profit, the earnings contribution from increased installment revenue accompanying the promotion of collection-guaranteed shopping credit is progressing steadily.」
The earnings benefit from increased installment revenue accompanying expanded use of collection-guaranteed shopping credit has become an established profit driver for the traditional apparel and jewelry business. - FY2023-Q1AdvancedAnnual report
「Other revenue consists of installment fee revenue generated when installment contracts are entered into with customers.」
Installment fee revenue related to collection-guaranteed shopping credit was recorded as Other revenue of ¥37.511 million in the segment information for the quarter. - FY2020AdvancedAnnual report
「Consolidated results for the fiscal year included higher revenue from M&A, but sales were affected by sluggish sales in the DSM business and the impact of COVID-19, including lower March sales in some businesses. Sales were ¥14,064 million, down 0.3% from the previous fiscal year. In terms of profit, installment revenue from collection-guaranteed shopping credit contributed, but」
Collection-guaranteed shopping credit is reported as having contributed to profit through installment revenue, indicating that the new revenue channel was reflected in results. - FY2020-Q3AdvancedAnnual report
「The impact of increased use of collection-guaranteed shopping credit included a ¥346 million decrease in cash and deposits and a ¥453 million increase in notes and accounts receivable.」
Use of collection-guaranteed shopping credit increased, resulting in a ¥453 million increase in accounts receivable. The broader use of the new revenue channel has also begun to affect the company's financial position. - FY2019AdvancedAnnual report
「In the traditional apparel and jewelry business, collection-guaranteed shopping credit was introduced in November 2018, generating installment fee revenue as a new source of revenue. Although its impact on revenue for the current fiscal year is minor, transaction volume has been progressing steadily, and the company expects it to support revenue growth in the traditional apparel and jewelry business in the future.」
Following its introduction in November 2018, transaction volume was shown to be progressing steadily, and development as a new source of installment fee revenue advanced. - FY2019-Q3First statedAnnual report
「In the traditional apparel and jewelry business, collection-guaranteed shopping credit was introduced from November. The introduction will generate installment fee revenue as a new source of revenue. Although its impact on the current fiscal year's results is minor, the company expects it to contribute to the performance of the traditional apparel and jewelry business in the future.」
Collection-guaranteed shopping credit was introduced from November, launching an initiative to establish installment fees as a new revenue source. Although its impact on the current fiscal year is described as minor, future contributions to the traditional apparel and jewelry business are also noted.