Normalization of the TV Shopping Business and Improvement in Profitability
First written in FY2017-Q1. 5 of 15 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2020-Q3.
No other company in this theme has enough history to compare yet.
- FY2020-Q3DroppedAnnual 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 decision to terminate the business made in the previous quarter was confirmed as having been implemented in August 2019. The previous objective of normalizing television shopping and improving profitability is no longer being pursued. - FY2020-Q2DroppedAnnual 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.」
The company decided to terminate the television shopping business at the end of the second quarter after determining that continuing it would be difficult, moving away from its previous policy of normalizing the business and improving profitability. - FY2020-Q1RestatedAnnual report
「Television shopping and the other wholesale businesses performed broadly in line with plan.」
The company states that television shopping and the other wholesale businesses performed broadly in line with plan. - 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.」
Television shopping reported lower revenue and profit as rationalization of unprofitable brands and changes to the programming schedule reduced broadcasts and sale-program airtime. - FY2019-Q3RestatedAnnual report
「In the mail-order business, the company worked in television shopping to improve profitability and secure programs by selecting and concentrating on brands,」
The company continues to pursue a policy of selecting and concentrating on brands, improving profitability, and securing programs in television shopping. - FY2019-Q2RestatedAnnual report
「In the mail-order business, the company worked to improve profitability and secure programs in television shopping by selecting and concentrating on brands,」
The company continues to pursue a policy of selecting and concentrating on brands, improving profitability, and securing programs in television shopping. - FY2019-Q1RestatedAnnual report
「In the mail-order business, the company worked to secure programs for continuing brands and improve sell-through rates in television shopping, while focusing on sock sales online.」
In television shopping, the company continues to secure programs for continuing brands and improve sell-through rates, while online it continues to focus on sock sales. - FY2018RestatedAnnual 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.」
The company continues to improve efficiency and reduce inventory by rationalizing brands, reducing the number of programs, securing new sale programs, and selling prior-year inventory. - FY2018-Q3AdvancedAnnual 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.」
Regular-price sales declined as unprofitable brands were rationalized, while securing new sale programs and selling prior-year inventory resulted in higher revenue in the third quarter and substantial reductions in purchases and inventory. - FY2018-Q2AdvancedAnnual report
「In the mail-order business, 株式会社ナイガイ・イム reported lower revenue because the number of programs aired in its core television shopping business fell from the previous year following the discontinuation of underperforming brands, but substantially reduced inventory by focusing on securing new sale programs and selling prior-year inventory.」
The number of programs declined as underperforming brands were rationalized, but securing new sale programs and selling prior-year inventory substantially reduced inventory. - FY2018-Q1AdvancedAnnual report
「In the mail-order business, 株式会社ナイガイ・イム reported lower revenue because the number of programs aired in its core television shopping business fell from the previous year, but substantially reduced inventory by focusing on securing new sale programs and selling prior-year inventory.」
Television shopping generated lower revenue due to a reduction in the number of programs, while securing new sale programs and selling prior-year inventory substantially reduced inventory. - 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.」
In addition to lower revenue caused by weak television shopping sales, additional valuation losses on prior-year inventory led to lower profit, indicating a setback in the improvement of profitability. - FY2017-Q3AdvancedAnnual 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.」
Television shopping generated lower revenue, while selecting and concentrating on brands and selling carried-over inventory reduced inventory levels. Profit was roughly unchanged from the previous year. - FY2017-Q2AdvancedAnnual report
「In the mail-order business, 株式会社ナイガイ・イム continued to pursue profitability improvement measures toward achieving stable profitability. In its core television shopping business, it worked to improve sales efficiency by concentrating on selected brands. Although revenue declined, profit improved substantially year on year due to a decrease in valuation losses on prior-year inventory and the effects of expense reductions.」
Toward achieving stable profitability, the company newly identified selecting and concentrating on brands as a priority, and profit improved substantially from the previous year. - FY2017-Q1First statedAnnual report
「株式会社ナイガイ・イム worked to improve profitability in its core television shopping business, as it had in the previous fiscal year, by improving sales efficiency and reducing product costs and selling, general and administrative expenses. Although revenue declined, profit improved substantially from the previous year.」
For television shopping, the company states that it improved sales efficiency and reduced product costs and selling, general and administrative expenses with the aim of improving profitability.