Formulation and Disclosure of a Medium-Term Management Plan
First written in FY2021-Q3. 4 of 14 entries say "Advanced", first in FY2021. Latest entry: FY2026-H1.
13 other companies' latest entry also says "Other".
- FY2026-H1Interim net profit target achieved, but sales, operating profit and ordinary profit targets missedAnnual report
「Under these circumstances, results for the current interim consolidated accounting period were consolidated sales of ¥9,398 million, consolidated operating profit of ¥142 million, consolidated ordinary profit of ¥113 million and interim net profit attributable to owners of the parent of ¥812 million. The interim net profit attributable to owners of the parent target in the medium-term management plan was achieved, but the targets of consolidated sales of ¥9,626 million, consolidated operating profit of ¥273 million and consolidated ordinary profit of ¥227 million were missed.」
For the interim results under the medium-term management plan, the target for interim net profit attributable to owners of the parent was achieved, while the targets for sales, operating profit and ordinary profit were missed. - 2026-06-11RestatedEarnings
「As the final year of the medium-term management plan (fiscal years ending October 2024 to October 2026), we will continue aiming to create bookstores that carry forward into the future the irreplaceable culture of reading for people.」
In the final year of the medium-term management plan, the company continues to build bookstores that carry reading culture into the future. - FY2025Sales target achieved, but operating profit target missed and operating losses recorded for 4 consecutive periodsAnnual report
「Although the consolidated sales target of ¥16.3 billion set in the medium-term management plan was achieved, the consolidated operating profit target of ¥200 million was missed. As the consolidated operating profit target in the medium-term management plan was not achieved and the Company recorded an operating loss for the 4th consecutive period, it recognizes that events or circumstances exist that raise significant doubt about the going concern assumption.」
The sales target for the current period under the medium-term management plan was achieved, while the operating profit target was missed, resulting in an operating loss for the 4th consecutive period. - FY2025-H1Progress on initiatives also fell short of the interim earnings forecastAnnual report
「Under these circumstances, results for the current interim consolidated accounting period were sales of ¥9,302 million, an operating loss of ¥111 million and an interim net loss attributable to owners of the parent of ¥262 million. The interim consolidated earnings forecasts prepared based on the medium-term management plan, consisting of sales of ¥9,876 million, operating profit of ¥113 million and an interim net loss attributable to owners of the parent of ¥57 million, were not achieved. The main reasons were the previously described changes to and delays in the rollout method for the fitness business and delays in withdrawing from unprofitable stores.」
While DAISO, Furuchi, Gashapon and other initiatives under the medium-term plan progressed generally as planned, interim sales, operating profit and net loss forecasts were missed due to changes to and delays in the rollout of the fitness business and delays in withdrawing from unprofitable stores. - FY2024Sales target achieved, but operating loss target missedAnnual report
「For the current consolidated fiscal year, results were consolidated sales of ¥18,414 million, a consolidated operating loss of ¥501 million and a consolidated net loss of ¥717 million. The consolidated sales target of ¥17.8 billion set in the medium-term management plan was achieved, but the consolidated operating loss target of ¥400 million was missed.」
In the first year of the new medium-term management plan, the sales target of ¥17.8 billion was achieved, while the operating loss target of ¥400 million was missed, with an operating loss of ¥501 million. - FY2024-Q2AdvancedAnnual report
「In the current fiscal year, the first year of the new medium-term management plan for the fiscal years ending October 2024 through October 2026, the Company adopted “Taking on the Challenge of Creating Sustainable Bookstores” as its management policy, worked to rebuild highly profitable store models, and continued to promote the expansion of reading culture.」
In the first year of the new medium-term management plan, the Company continued to pursue the rebuilding of highly profitable store models and the expansion of reading culture as execution-stage policies. - FY2024-Q1AdvancedAnnual report
「In the first year of the medium-term management plan for the fiscal years ending October 2024 through October 2026, the Group adopted “Taking on the Challenge of Creating Sustainable Bookstores” as its management policy, with the aim of preserving reading culture. It worked to improve customer satisfaction by providing opportunities for as many people as possible to engage with reading and proposing new experiential value in reading.」
The next 3-year medium-term management plan entered its first year, with the Company stating that it was moving into the execution stage for creating sustainable bookstores, proposing experiential value in reading, and improving customer satisfaction. - FY2023ReframedAnnual report
「The target of the medium-term management plan was missed because the creation of new sales deviated from assumptions, book sales at existing stores also fell short of assumptions, the number of loss-making stores increased and the response was delayed, and only 1 new store was opened. On 17 August 2023, the Company announced a new 3-year medium-term management plan for the fiscal years ending October 2024 through October 2026. With the book business as its focus, the Company will preserve reading culture, make the impact of reading visible, increase the added value of reading, and pursue its management policy of “Taking on the Challenge of Creating Sustainable Bookstores.”」
The Company explicitly stated that it missed the targets of the medium-term management plan for the fiscal years ending October 2021 through October 2023 and transitioned to the next 3-year plan for the fiscal years ending October 2024 through October 2026. - FY2023-Q3RestatedAnnual report
「As the Company entered the final year of its medium-term management plan, it promoted the remodeling of “Tsutaya Bookstore” and the enhancement of its earnings power based on the plan, providing everyday entertainment that combines “clothing, food and housing,” the basics of daily life, with the concept of “enjoyment, learning and play.”」
In the final year of the medium-term management plan, the Company continued to pursue the remodeling of Tsutaya Bookstore and the enhancement of its earnings power by combining “clothing, food and housing” with “enjoyment, learning and play.” - FY2023-Q2AdvancedAnnual report
「As the Company entered the final year of its medium-term management plan, it promoted the remodeling of “Tsutaya Bookstore” and the enhancement of its earnings power based on the plan, providing everyday entertainment that combines “clothing, food and housing,” the basics of daily life, with the concept of “enjoyment, learning and play.”」
The medium-term management plan entered its final year, and the Company continued to promote the remodeling of Tsutaya Bookstore and the enhancement of its earnings power by combining “clothing, food and housing” with “enjoyment, learning and play.” - FY2022-Q3RestatedAnnual report
「In this environment, based on the medium-term management plan, the Group actively pursued the remodeling and earnings enhancement of a new “Tsutaya Bookstore/TSUTAYA” concept that brings everyday entertainment and lifestyle offerings to local communities.」
The remodeling and earnings enhancement of Tsutaya Bookstore and TSUTAYA based on the medium-term management plan remain the core of business operations. - FY2022-Q1RestatedAnnual report
「In this environment, based on the medium-term management plan, the Group actively pursued the remodeling and earnings enhancement of a new “Tsutaya Bookstore/TSUTAYA” concept that brings everyday entertainment and lifestyle offerings to local communities.」
The remodeling and earnings enhancement of Tsutaya Bookstore and TSUTAYA based on the medium-term management plan remain the core of business operations. - FY2021AdvancedAnnual report
「The Group will actively pursue the remodeling and earnings enhancement of a new “Tsutaya Bookstore/TSUTAYA” concept that brings everyday entertainment and lifestyle offerings to local communities. It will withdraw from the rental business, where sales have continued to decline amid the growth of video streaming services, and enter the coworking space business, developing “SHARE LOUNGE,” a new TSUTAYA business format.」
The previous report only covered the formulation and announcement of the medium-term management plan, whereas this annual report discloses specific details, including the withdrawal from the rental business, the rollout of coworking spaces and SHARE LOUNGE, earnings improvement in the book business, and store reorganization. - FY2021-Q3First statedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the Group formulated and announced a medium-term management plan.」
The filing states that a medium-term management plan was formulated and announced during the cumulative third quarter of the current consolidated fiscal year, but does not provide details of the plan in the body of the filing.