Expansion of the VAPE Store Network
First written in FY2016-Q3. 7 of 16 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2020-Q3.
Transaction moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
1 other company's latest entry also says "Softened".
- FY2020-Q3SoftenedAnnual report
「In the next-generation tobacco business, sales declined year on year as 6 stores ceased operations during the period, but we pursued various initiatives to improve profitability across the business.」
The shift away from expanding the store network progressed, with 6 stores ceasing operations during the period. Priority was placed on improving profitability despite the resulting decline in sales. - FY2020-Q2SoftenedAnnual report
「In Wellness Products, we closed 1 directly operated next-generation tobacco store and undertook initiatives to improve profitability across the business, including continuing to strengthen web and wholesale sales.」
Despite the policy of expanding the directly operated store network, 1 additional store was closed and the focus shifted to web and wholesale sales. - FY2020-Q1SoftenedAnnual report
「In Wellness Products, we closed the two directly operated vape studio stores selling next-generation tobacco products and worked to strengthen profitability by focusing on web and wholesale sales.」
Despite the policy of expanding the directly operated store network, the 2 vape studio stores were closed and the focus shifted from store sales to web and wholesale sales. - FY2019-Q3RestatedAnnual report
「We continued to enhance synergies across the three-channel structure of store sales, wholesale sales and web sales, including by reviewing the store strategy for the directly operated vape studio stores.」
Continued reviewing the directly operated store strategy and enhancing synergies among the store, wholesale and web sales channels. - FY2019-Q2RestatedAnnual report
「For next-generation tobacco products, we continued to enhance synergies across the 3-channel structure of store-based, wholesale and online sales.」
Continued the three-channel structure for next-generation tobacco—stores, wholesale and web sales—and efforts to enhance synergies among the channels. - FY2019-Q1RestatedAnnual report
「For next-generation tobacco products, we expanded the lineup by launching a new model of the heated-tobacco-compatible iBuddy device, the STLTH pod-type VAPE, which is popular in Europe and North America, leading VAPE markets, and the new myblu™ product from Imperial Tobacco Group. We also worked to enhance synergies across the 3-channel structure of store-based, wholesale and online sales.」
Continued enhancing synergies across the 3-channel structure for next-generation tobacco products. The launch of new models and brands is also linked to the new-product development thread. - FY2018AdvancedAnnual report
「Because the store, wholesale and online channels for the next-generation tobacco business offer substantial synergies, we strengthened measures to further enhance those synergies across the 3-channel structure and expand sales across the business. Specifically, we implemented more effective measures in each channel, including opening 4 new stores, expanding the range of wholesale products, and strengthening each e-commerce site.」
Advanced the 3-channel operation by opening 4 new stores, expanding the wholesale product lineup and strengthening e-commerce sites. - FY2018-Q3RestatedAnnual report
「In store-based sales for the VAPE business, 15 of the 16 existing stores in the Tokyo metropolitan area were opened as smoking lounges exclusively for next-generation tobacco products, including VAPE and heated tobacco products, and we worked to promote their adoption and expand sales.」
The network comprised 16 existing stores. Rather than opening new stores, 15 stores in the Tokyo metropolitan area were repurposed as smoking lounges exclusively for next-generation tobacco products. - FY2018-Q2AdvancedAnnual report
「In store-based sales for the VAPE business, the opening of Omiya Station East Exit, the first store in Saitama Prefecture, brought the number of stores opened in the first half to 4 and the number of existing stores to 16.」
The opening of 4 stores in the first half, including Omiya Station East Exit, increased the number of existing stores from 15 to 16. - FY2018-Q1AdvancedAnnual report
「In store-based sales for the VAPE business, we opened 3 stores, Ginza, Ueno Chuo-dori and Yokohama Station West Exit, the first store in Kanagawa Prefecture, bringing the number of existing stores to 15.」
Opened 3 stores, Ginza, Ueno Chuo-dori and Yokohama Station West Exit, bringing the number of existing stores to 15. - FY2017AdvancedAnnual report
「In store-based sales for the VAPE business, the consolidated fiscal year plan called for 6 new stores, but the opening of Whity Umeda and Machida in August brought the total to 8, exceeding the plan. As a result, the number of existing stores at the end of the consolidated fiscal year was 12.」
Opened 8 new stores during the fiscal year versus a plan for 6, expanding the number of existing stores to 12 at period-end. - FY2017-Q3AdvancedAnnual report
「In store-based sales for the new VAPE business, we opened 3 new stores, Ikebukuro Station North Exit, Ikebukuro Station East Exit and Shibuya Meiji-dori, bringing the number of existing stores to 10. In addition, preparations began for 3 stores, including Whity Umeda, the first store in the Kansai region, bringing the planned network to 13 stores.」
Added 3 VAPE stores, bringing the network to 13 stores, including 10 existing stores and stores in preparation. Preparations also began for the first store in the Kansai region. - FY2017-Q2AdvancedAnnual report
「In store-based sales for the new VAPE business, we opened Kanda Station West Exit, bringing the number of existing stores to 7. In addition, we began preparations to open 3 stores, Ikebukuro Station North Exit, Ikebukuro Station East Exit and Shibuya Meiji-dori, bringing the planned network to 10 stores. This achieved the fiscal year's target of opening 6 new stores. In wholesale sales, efforts to expand sales channels increased the number of stores carrying VAPE products to more than 200, including major consumer electronics retailers and variety stores. We continue to focus on expanding the VAPE business through 3 sales channels: online, stores and wholesale.」
Opened Kanda Station West Exit, bringing the network to 10 stores, including 7 existing stores and 3 in preparation, and achieved the fiscal year's target of opening 6 new stores. The number of wholesale outlets expanded to more than 200. - FY2017-Q1AdvancedAnnual report
「In store-based sales for the new VAPE business, we opened 2 new stores, Shinjuku Station West Exit and Akasaka-mitsuke Station. This brought the number of existing stores to 6, and including the 3 stores for which preparations had begun, Ikebukuro Station East Exit, Kanda Station West Exit and Ikebukuro Station North Exit, the network will comprise 9 stores. We also worked to expand the number of wholesale outlets carrying our products.」
Opened 2 new stores, bringing the network to 9 stores, comprising 6 existing stores and 3 stores in preparation. The number of wholesale outlets also increased. - FY2016RaisedAnnual report
「On 1 July 2016, we opened our fourth store, Kichijoji Station Park Exit (South Exit), in Musashino, Tokyo, and worked to strengthen store-based sales, including by opening 3 new stores during the consolidated fiscal year.」
Opened the fourth store and 3 new stores during the fiscal year. The store development plan also called for 10 stores by August 2018 and 15 stores by October 2019. - FY2016-Q3First statedAnnual report
「In the VAPE (electronic cigarette) business, we opened our third store, Yurakucho Station Ginza Exit, in Chiyoda-ku, Tokyo, on 14 May 2016, and worked to further strengthen store-based sales.」
Reported the opening of the third store as a specific development in the expansion of the store network.