Establishing a Stable Earnings Base by Concentrating Management Resources on Core Businesses
First written in FY2016-Q2. 14 of 32 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026-H1.
6 other companies' latest entry also says "Other".
- FY2026-H1Revenue down, profits significantly higher while initiatives continueAnnual report
「Against this backdrop, the Group pursued the three basic policies under its medium-term management plan through 2028: “Further expansion of the earnings base,” “Enhancement of capital policy,” and “Strengthening of ESG strategy.” To build a stable business base, it implemented initiatives including new store openings for flagship brands and events aimed at enhancing brand value. As a result, revenue for the interim consolidated accounting period was ¥24,239 million, down 0.2% year on year, while operating profit was ¥1,139 million, up 39.1%, ordinary profit was ¥1,347 million, up 32.1%, and interim net income attributable to owners of the parent was ¥909 million, up 69.0%.」
The Group continued the three policies under its medium-term management plan through 2028, as well as new store openings for flagship brands and related events. Revenue declined 0.2%, while operating profit, ordinary profit and interim net income increased 39.1%, 32.1% and 69.0%, respectively. - FY2025-H1Revenue and profit declined while initiatives continuedAnnual report
「Against this backdrop, the Group pursued the three basic policies under its medium-term management plan, for which 2028 is the final year: “Further expanding the revenue base,” “Enhancing capital policy,” and “Strengthening ESG strategy.” To build a stable business base, it advanced initiatives including opening new stores for flagship lifestyle brands, holding events to enhance brand value, and pursuing collaborations.」
The Group continued the three policies through 2028, along with flagship-brand store openings, events, and collaboration initiatives. In the interim period, net sales, operating profit, ordinary profit, and interim net profit all fell below the year-earlier period. - FY2024RestatedAnnual report
「Against this backdrop, the Group formulated a medium-term management plan for 2024–2028, with 2024 as the first year, and began work on “Further expanding the revenue base,” “Enhancing capital policy,” and “Strengthening ESG strategy,” while pursuing business strategies aimed at establishing a stable earnings structure.」
Under the 2024–2028 medium-term management plan, the Group continues to establish a stable earnings structure through further expansion of its revenue base and other initiatives. - FY2024-H1RestatedAnnual report
「Against this backdrop, the Group formulated a medium-term management plan for 2024–2028, with 2024 as the first year, and began work on “Further expanding the revenue base,” “Enhancing capital policy,” and “Strengthening ESG strategy.” It is pursuing business strategies aimed at establishing a stable earnings structure. To build a stable business base, it has advanced measures including opening new stores for flagship brands, holding events to enhance brand value, and pursuing customer satisfaction through its EC business.」
The Group continues its 2024–2028 medium-term management plan and the establishment of a stable earnings structure, advancing flagship-brand store openings, brand-value-enhancement events, and EC initiatives. - FY2023RaisedAnnual report
「To further enhance corporate value, the Group will implement these initiatives, advance business strategies and efficient operations aimed at establishing a stable earnings structure, and target consolidated net sales of ¥70 billion and consolidated operating profit of ¥5 billion in 2028, the final year of its medium-term management plan.」
While continuing to establish a stable earnings structure, the Group set new quantitative targets for 2028 of ¥70 billion in consolidated net sales and ¥5 billion in operating profit. - FY2023-Q3Priority policies continued as the decline in profit widenedAnnual report
「Against this backdrop, the Group continued to pursue the priority policies under its medium-term management plan, for which the current fiscal year was the final year, while responding flexibly to changes in the operating environment. It strengthened its EC business and focused on in-store sales as restrictions on activities were eased. It also pursued thorough efficiency-focused management, including ending unprofitable businesses. As a result, net sales for the nine months ended September 30 were ¥39,926 million, up 1.7% year on year, despite weak autumn-wear sales in Japan and South Korea owing to the heat wave that continued through the end of September, partly offset by higher sale sales in South Korea. Profit declined as the cost ratio rose following an increase in procurement prices for imported brands due to sharp exchange-rate movements. Operating profit was ¥2,137 million, down 22.2%; ordinary profit was ¥2,640 million, down 17.5%; and profit attributable to owners of the parent was ¥1,729 million, down 24.9%.」
The Group continued the medium-term plan's priority policies, strengthened EC, focused on in-store sales, and ended unprofitable businesses. Net sales increased, while operating profit, ordinary profit, and net profit all fell below the year-earlier period. - FY2023-Q2Priority policies continued amid higher revenue and lower profitAnnual report
「Against this backdrop, the Group continued to pursue the priority policies under its medium-term management plan, while responding flexibly to changes in the business environment. It further strengthened its e-commerce initiatives and focused on store sales as restrictions on activities were eased. It also pursued rigorous efficiency-focused management, including by ending unprofitable businesses. As a result, revenue for the cumulative second quarter of the fiscal year was ¥27,077 million, up 3.6% year on year, while operating profit was ¥1,379 million, down 20.5% year on year.」
The Group continued its medium-term management plan policies, e-commerce strengthening, store sales and the termination of unprofitable businesses. Revenue increased, but operating profit fell year on year. - FY2023-Q1AdvancedAnnual report
「Against this backdrop, the Group continued to pursue the priority policies under its medium-term management plan, for which the current fiscal year was the final year, while responding flexibly to changes in the operating environment caused by measures to combat COVID-19. It further strengthened its EC business and focused on in-store sales as restrictions on activities were eased. It also pursued thorough efficiency-focused management, including ending unprofitable businesses. As a result, consolidated net sales for the three months ended March 31 were ¥13,954 million, up 6.8% year on year; operating profit was ¥1,183 million, up 10.4%; ordinary profit was ¥1,327 million, up 10.7%; and profit attributable to owners of the parent was ¥871 million, up 3.7%.」
In the final year of its medium-term management plan, the Group strengthened EC, focused on in-store sales, and ended unprofitable businesses. Net sales, operating profit, ordinary profit, and quarterly net profit all exceeded the year-earlier period. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, the Group focused not only on strengthening its EC business but also on in-store sales to respond to changes in the operating environment, and both the apparel and lifestyle businesses grew. At the same time, it pursued thorough efficiency-focused management, including discontinuing unprofitable businesses and closing unprofitable stores.」
The Group strengthened EC, focused on in-store sales, and streamlined unprofitable businesses and stores. For the nine months ended September 30, net sales were ¥39,244 million and operating profit was ¥2,748 million, indicating progress in expanding and improving the revenue base. - FY2022-Q2AdvancedAnnual report
「Against this backdrop, the Group focused not only on strengthening its EC business but also on in-store sales to respond to changes in the operating environment. Sales in both the apparel and lifestyle businesses increased. At the same time, it pursued thorough efficiency-focused management, including discontinuing unprofitable businesses and withdrawing from unprofitable stores. As a result, consolidated net sales for the six months ended June 30 were ¥26,141 million, operating profit was ¥1,734 million, ordinary profit was ¥2,045 million, and profit attributable to owners of the parent was ¥1,354 million.」
In addition to strengthening EC, the Group focused on in-store sales and continued streamlining unprofitable businesses and stores, generating net sales of ¥26,141 million and operating profit of ¥1,734 million, among other results. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, the Group further strengthened its EC business to respond to changes in the operating environment. At the same time, it pursued thorough efficiency-focused management, including discontinuing unprofitable businesses and withdrawing from unprofitable stores. As a result, consolidated net sales for the three months ended March 31 were ¥13,068 million, operating profit was ¥1,071 million, ordinary profit was ¥1,198 million, and profit attributable to owners of the parent was ¥841 million.」
The Group strengthened EC, streamlined unprofitable businesses and stores, and pursued efficiency-focused management, generating net sales of ¥13,068 million, operating profit of ¥1,071 million, ordinary profit of ¥1,198 million, and profit attributable to owners of the parent of ¥841 million in the first quarter. - FY2021AdvancedAnnual report
「Against this backdrop, the Group worked to increase sales by further strengthening its EC business and opening new stores for重点 brands to respond to changes in the operating environment. At the same time, it pursued thorough efficiency-focused management, including discontinuing unprofitable brands and stores, controlling purchases, and reducing expenses. As a result, consolidated net sales for the fiscal year were ¥41,065 million, up 10.9% year on year; operating profit was ¥2,725 million, up 328.1%; ordinary profit was ¥2,973 million, up 250.6%; and profit attributable to owners of the parent was ¥1,991 million, up 361.1%.」
The Group continued strengthening EC, opening stores for重点 brands, streamlining unprofitable brands and stores, and controlling purchases and expenses. Net sales increased, and operating profit, ordinary profit, and profit attributable to owners of the parent substantially exceeded the year-earlier period. - FY2021-Q3AdvancedAnnual report
「Against this backdrop, the Group worked to increase sales by further strengthening its EC business and opening new stores for重点 brands to respond to changes in the operating environment. At the same time, it pursued thorough efficiency-focused management, including discontinuing unprofitable brands, closing unprofitable stores, and reducing expenses. As a result, consolidated net sales for the nine months ended September 30 were ¥28,508 million, up 10.7% year on year; operating profit was ¥969 million, compared with an operating loss of ¥638 million; ordinary profit was ¥1,185 million, compared with an ordinary loss of ¥470 million; and profit attributable to owners of the parent was ¥803 million, compared with a quarterly net loss of ¥706 million.」
The Group continued strengthening EC, opening stores for重点 brands, streamlining unprofitable brands and stores, and reducing expenses. Net sales increased, and operating profit, ordinary profit, and profit attributable to owners of the parent all returned to the black from losses in the year-earlier period. - FY2021-Q2AdvancedAnnual report
「Against this backdrop, the Group worked to increase sales by further strengthening its EC business and opening new stores for重点 brands to respond to changes in the operating environment. At the same time, it pursued thorough efficiency-focused management, including discontinuing unprofitable brands, withdrawing from unprofitable stores, controlling purchases, and reducing expenses.」
The Group continued to strengthen EC, open stores for重点 brands, streamline unprofitable brands and stores, and control purchases and expenses. For the six months ended June 30, net sales increased 15.0% year on year and operating profit improved to ¥800 million from a loss in the year-earlier period. - FY2021-Q1AdvancedAnnual report
「Against this backdrop, the Group further strengthened its EC business to respond to changes in the operating environment. It also worked to increase sales by opening new stores for strong-performing brands even during the pandemic. At the same time, it pursued thorough efficiency-focused management through measures including discontinuing unprofitable brands, withdrawing from unprofitable stores, controlling purchases, and reducing expenses. As a result, consolidated net sales for the three months ended March 31 were ¥10,319 million, up 9.6% year on year, and operating profit was ¥676 million, compared with an operating loss of ¥494 million in the year-earlier period.」
The Group strengthened EC, opened stores for strong-performing brands, streamlined unprofitable brands and stores, and controlled purchases and expenses, improving from an operating loss in the year-earlier period to operating profit. - FY2020ReframedAnnual report
「To respond to these changes in the operating environment, the Group will establish brand value that is not affected by economic fluctuations and seek to further expand sales. At the same time, it will effectively invest management resources in profitable brand businesses capable of generating earnings sustainably even in a challenging operating environment.」
The focus has evolved from establishing a stable revenue base to establishing brand value resilient to economic fluctuations and investing management resources in profitable brand businesses. - FY2020-Q1RestatedAnnual report
「Against this backdrop, under its “Customer First” philosophy, the Group pursued the four basic policies under its medium-term management plan through 2023: “Establishing a revenue base,” “Expanding the EC business,” “Proactive development of new businesses,” and “Building the management base,” but operated in a challenging environment because of the impact of COVID-19.」
The Group continues to pursue the medium-term management plan through 2023 and its four basic policies, including establishing a revenue base. - FY2019AdvancedAnnual report
「In Europe, net sales were ¥2,186 million and operating profit was ¥249 million for the consolidated fiscal year, covering the period from July 1 to December 31 after the acquisition.」
The European business, including the Il Bisonte business for part of the year after its acquisition, generated net sales of ¥2,186 million and operating profit of ¥249 million, providing a concrete earnings-base contribution. - FY2019-Q3AdvancedAnnual report
「In July, the Group acquired all equity interests in Bisonte Italia Holding S.r.l., which owns Il Bisonte S.p.A., the company that globally operates the Italian leather-goods brand “Il Bisonte,” and worked to establish a more stable earnings structure and achieve sustainable growth.」
Progress toward establishing a stable earnings structure included the acquisition of all equity interests in the company that owns the Il Bisonte business. - FY2019-Q2AdvancedAnnual report
「Against this backdrop, the Group formulated a medium-term management plan for which 2023 is the final year and pursued its four basic policies: “Establishing a revenue base,” “Expanding the EC business,” “Proactive development of new businesses,” and “Building the management base.” As a result, consolidated net sales for the six months ended June 30 were ¥21,307 million, down 0.9% year on year; operating profit was ¥645 million, up 61.6%; ordinary profit was ¥759 million, up 53.8%; and profit attributable to owners of the parent was ¥469 million, up 18.8%.」
The Group continued the four basic policies under its medium-term management plan through 2023. Net sales declined year on year, but operating profit, ordinary profit, and profit attributable to owners of the parent exceeded the year-earlier period. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the Group transitioned to a holding company structure in January 2018 and took steps to further improve the efficiency of group management. It also formulated a medium-term management plan beginning in 2019, commenced initiatives under its four policies—“Establishing a revenue base,” “Expanding the EC business,” “Proactive development of new businesses,” and “Building the management base”—and is working to establish a stable earnings structure.」
The Group began implementing a new medium-term management plan in 2019 and continues to target the establishment of a stable earnings structure. - FY2018RestatedAnnual report
「Under “Establishing an Earnings Base,” in our domestic business we will invest management resources effectively to expand our core businesses, centered on items closely aligned with customers’ lifestyles, such as “marimekko,” “IL BISONTE” and “A.P.C.,” based on the business portfolio developed under the previous medium-term management plan.」
The previous goal of establishing a stable earnings base was carried forward as “Establishing an Earnings Base” in the new medium-term management plan through 2023. - FY2018-Q3RestatedAnnual report
「The Group continued to pursue the priority policies set out in its medium-term management plan, for which the current consolidated fiscal year was the final year, namely “improving earnings from existing businesses,” “expanding the e-commerce business,” and “actively developing new businesses,” and worked to establish a stable earnings base.」
In the final year of the medium-term management plan, the Group continued working to establish a stable earnings base through its existing businesses, e-commerce and new businesses. - FY2018-Q2RestatedAnnual report
「The Group continued to pursue the priority policies set out in its medium-term management plan, for which the current consolidated fiscal year was the final year, namely “improving earnings from existing businesses,” “expanding the e-commerce business,” and “actively developing new businesses,” and worked to establish a stable earnings base.」
In the final year of the medium-term management plan, the Group continued working to establish a stable earnings base through its existing businesses, e-commerce and new businesses. - FY2018-Q1RestatedAnnual report
「The Group continued to pursue the priority policies set out in its medium-term management plan, for which the current fiscal year was the final year, namely “improving earnings from existing businesses,” “expanding the e-commerce business,” and “actively developing new businesses,” and worked to establish a stable earnings base.」
The Group continued the priority policies under its medium-term management plan and maintained its goal of establishing a stable earnings base. - FY2017AdvancedAnnual report
「In addition to these initiatives, the effects of business selection and concentration since the previous year resulted in a substantial increase in profit, although net sales declined.」
As a result of business selection and concentration, the Japan business posted an operating profit of ¥821 million, up 284.4% year on year despite lower revenue. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group implemented initiatives under its medium-term management plan and worked to establish a stable earnings base that could adapt flexibly to changes in market conditions.」
The Group continues to pursue a policy of implementing medium-term management plan initiatives and establishing a stable earnings base capable of adapting to changes in market conditions. - FY2017-Q2AdvancedAnnual report
「Against this backdrop, the Group continued to pursue the three priority policies under its medium-term management plan (2016–2018): “Improving the profitability of existing businesses,” “Expanding the e-commerce business,” and “Proactive development of new businesses,” and these initiatives have progressed steadily. In its existing businesses, the Group worked to enhance brand value, including by pursuing its store-opening strategy for imported brands, and improved the precision of merchandising for its original brands. It also worked to establish a stable earnings base by further expanding its e-commerce business and beginning sales of new original brands. In addition, the businesses of consolidated subsidiaries such as Denham Japan Co., Ltd. and A.P.C. Japan Co., Ltd., which became consolidated subsidiaries in April of the previous year, performed well, and the effects of business selection and concentration since the previous year resulted in higher revenue and profit.」
The Group continued the priority policies under its medium-term management plan, and states that revenue and profit increased as a result of business selection and concentration, e-commerce expansion and sales of new brands. - FY2017-Q1AdvancedAnnual report
「Against this backdrop, the Group effectively invested management resources to improve the profitability of its existing businesses, including by pursuing measures to expand its brands through department stores and fashion buildings. In addition, net sales exceeded the same period of the previous year, partly because sales from Denham Japan Co., Ltd., which became a consolidated subsidiary in April 2016, were added. Furthermore, as a result of pursuing business selection and concentration, including the withdrawal from unprofitable businesses carried out last year, operating profit substantially exceeded the same period of the previous year.」
The Group states that, in addition to investing in brand expansion, it withdrew from unprofitable businesses and pursued business selection and concentration during the previous year, resulting in higher net sales and operating profit than in the same period of the previous year. - FY2016RestatedAnnual report
「For its existing businesses in Japan, the Group focused on enhancing brand value, including by pursuing its store-opening policy for brands such as Marimekko and Repetto, and continued working to establish a stable earnings base.」
The Group continues to target the establishment of a stable earnings base through its existing brands’ store-opening strategy and efforts to enhance brand value. - FY2016-Q3RestatedAnnual report
「Against this backdrop, the Group has pursued a selective concentration of its businesses to improve the profitability of its existing businesses, while also working to further expand its e-commerce business.」
The Group continues to concentrate management resources on its core businesses through business selection and concentration aimed at improving the profitability of existing businesses. - FY2016-Q2First statedAnnual report
「The Group has continued to concentrate its management resources on its core businesses, including by pursuing further expansion of its flagship brands, and has worked to establish a stable earnings base.」
The Group has positioned the establishment of a stable earnings base as a goal, to be achieved through expanding its flagship brands and concentrating management resources.