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Naigai (8013) · RiskMaterialised

Issues Concerning TV Shopping Sales Development and Sales Efficiency

First written in FY2017-Q1. 7 of 14 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2020-Q3.

14entries
4years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q1 – FY2017-Q2WorsenedFY2017-Q3 – FY2018-Q2OtherFY2018-Q3 – FY2018WorsenedFY2019-Q3 – FY2020-Q32016: 320162017: 420172018: 420182019: 32019
Same theme, other companies
Channel-Specific Performance Fluctuations in the Mail-Order BusinessA theme 5 companies write about · 6 as a headwind · 1 as a tailwind

Naigai moved to the "Worse" side of this theme in 2017, 8 years before the typical company in this theme (2025).

0 other companies' latest entry also says "Materialised".

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. FY2020-Q3MaterialisedAnnual report

    「株式会社ナイガイ・イム, which operated the television shopping business, had underperformed for several years due to intensifying competition from other companies' brands. Although it had taken various measures, it determined that continuing the business would be difficult and terminated it in August 2019.」

    The risks of intensifying competition with other companies’ brands and several years of poor performance led to concrete action in the form of terminating the television-shopping business in August 2019.
  2. FY2020-Q2MaterialisedAnnual report

    「The television shopping business operated by 株式会社ナイガイ・イム had underperformed for several years due to intensifying competition from other companies' brands. Although the company had taken various measures, it determined that continuing the business would be difficult and decided to terminate it at the end of the second quarter.」

    Several years of poor performance caused by intensifying competition with other companies’ brands led to concrete action in the form of a decision to terminate the business.
  3. FY2019WorsenedAnnual report

    「In the mail-order business, 株式会社ナイガイ・イム, which operates television shopping, reported lower revenue and profit due to fewer broadcasts following the rationalization of unprofitable brands and shorter sale-program airtime following changes to the programming schedule.」

    In addition to lower sales resulting from brand reorganisation, shorter sale-program airtime following changes to the programming schedule worsened the challenges in building sales and improving sales efficiency in the television-shopping business, as reflected in the results.
  4. FY2019-Q3WorsenedAnnual report

    「In the mail-order business, Naigai Im Co., Ltd., which operates the television-shopping business, recorded lower revenue after narrowing its brand lineup and reducing prior-period inventory, which resulted in lower sale revenue.」

    Sale revenue declined as a result of narrowing the brand lineup and reducing prior-period inventory, causing television-shopping revenue to decline.
  5. FY2019-Q2Revenue declined as planned; inventory reducedAnnual report

    「In the mail-order business, Naigai Im Co., Ltd., which operates the television-shopping business, saw revenue decline as a result of brand consolidation under its earnings-structure reform since the previous year, but revenue progressed as planned and inventory was reduced substantially.」

    Revenue declined due to brand consolidation, but progressed as planned, while inventory was reduced substantially. The company reported both the challenge of maintaining sales scale and the results of efficiency improvements.
  6. FY2019-Q1WorsenedAnnual report

    「In the mail-order business, Naigai Im Co., Ltd., which operates the television-shopping business, recorded lower revenue and profit year on year as a result of brand consolidation under its earnings-structure reform since the previous year, although」

    Television-shopping revenue and profit declined year on year as a result of brand consolidation under the earnings-structure reform, and the challenge of building sales continued.
  7. FY2018Partial recovery, with challenges remainingAnnual report

    「In the mail-order business, 株式会社ナイガイ・イム worked to improve efficiency by rationalizing its brands and reducing the number of television shopping programs. Although regular-price sales declined, focusing on securing new sale programs and selling prior-year inventory substantially reduced inventory.」

    Regular-price sales and the number of television-shopping programs declined as brands were reorganised, but inventory was reduced substantially through new sale programs and sales of prior-period inventory. While the challenge of building sales remained, the results of efficiency improvements were also reported.
  8. FY2018-Q3Partial recovery, with challenges remainingAnnual report

    「In the mail-order business, 株式会社ナイガイ・イム reported lower regular-price sales as the number of programs in its core television shopping business fell due in part to the discontinuation of unprofitable brands. However, the company focused on securing new sale programs and selling prior-year inventory, resulting in higher revenue in the third quarter and substantial reductions in purchases and inventory.」

    Although regular-price sales declined as unprofitable brands were eliminated, revenue increased in the third quarter due to new sale programs and other initiatives. While the challenge of building sales remained, partial recovery and inventory reduction were reported.
  9. FY2018-Q2WorsenedAnnual report

    「In the mail-order business, Naigai Im Co., Ltd. recorded lower revenue because the number of programs aired for its core television-shopping business declined from the previous year as a result of eliminating underperforming brands, although」

    The number of programs aired for the core television-shopping business declined from the previous year as underperforming brands were eliminated, resulting in lower revenue.
  10. FY2018-Q1WorsenedAnnual report

    「In the mail-order business, Naigai Im Co., Ltd. recorded lower revenue because the number of programs aired for its core television-shopping business declined from the previous year, although」

    The number of programs aired for the core television-shopping business declined from the previous year, resulting in lower revenue and highlighting the worsening challenge of building sales.
  11. FY2017WorsenedAnnual report

    「In the mail-order business, 株式会社ナイガイ・イム reported lower revenue due to weak sales in its core television shopping business. Although it continued to work on improving profitability and reducing expenses, profit declined because it recorded additional valuation losses on prior-year inventory.」

    Weak sales in the core television-shopping business continued, and the company posted lower revenue and profit as additional valuation losses on prior-period inventory were recorded.
  12. FY2017-Q3WorsenedAnnual report

    「株式会社ナイガイ・イム reported lower revenue due to weak sales in its core television shopping business, but improved sales efficiency by selecting and concentrating on the brands it carries, while sales of carried-over inventory reduced inventory levels. Profit was roughly unchanged from the previous year.」

    Although progress was made in improving sales efficiency and inventory management, the decline in revenue caused by weak sales in the core television-shopping business was clearly identified, highlighting the challenge of building sales.
  13. FY2017-Q2RestatedAnnual report

    「In its core television-shopping business, the company worked to improve sales efficiency by selecting and concentrating on brands. Although revenue declined, profit improved substantially from the previous year due to lower valuation losses on prior-period inventory and the effects of expense reductions.」

    Television-shopping sales efficiency and profit improved, but revenue continued to decline, leaving the challenge of building sales unresolved.
  14. FY2017-Q1First statedAnnual report

    「In its core television-shopping business, the company worked to improve sales efficiency and reduce product costs and selling, general and administrative expenses, with the goal of improving profitability as in the previous fiscal year. Although revenue declined, profit improved substantially from the previous year.」

    While profit improved, television-shopping revenue declined, and improving sales efficiency and profitability remained ongoing challenges.
Moved together

"Stagnant Consumer Sentiment and Sluggish Apparel Demand" moved the same way as this thread, in the same document, in 6 of its 14 moves.

654433★123456
  1. ★This thread
  2. 1Stagnant Consumer Sentiment and Sluggish Apparel Demand6×
  3. 2Market Price Risk on Investment Securities5×
  4. 3External environment destabilized by sluggish emerging markets, a stronger yen and weaker stock prices4×
  5. 4Changes in Weather Conditions and Disasters such as Earthquakes and Fires4×
  6. 5Improving the Wholesale Business’s Earnings Structure and Restoring Profitability3×
  7. 6Expanding Sales by Deepening Relationships with Major GMS3×

★ 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.

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Issues Concerning TV Shopping Sales Development and Sales Efficiency | NAIGAI CO.,LTD. (8013) | Komori