Reforming Store Profitability Through Low-Cost Expansion of New Business Formats
First written in FY2018-Q3. 6 of 9 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2023.
Kimuratan moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Softened".
- FY2023SoftenedAnnual report
「Going forward, rather than pursuing scale, we will focus on creating unique value and restoring and enhancing brand strength, transforming the business into a compact, profitable operation.」
The policy shifted away from reforming store profitability through expanding low-cost openings in prime locations toward a compact business that does not pursue scale. - FY2021AdvancedAnnual report
「In addition to the existing Baby Plaza and BOBSON stores, we developed n.o.u.s stores for department-store distribution channels. During the fiscal year, we opened 17 new stores—5 Baby Plaza stores, 1 BOBSON store and 11 n.o.u.s stores—bringing the total number of stores to 223 at the end of the fiscal year.」
In addition to conventional low-cost openings in prime locations, the company developed n.o.u.s stores for department-store distribution channels and opened 17 new stores, including 11 in that format. - FY2021-Q3AdvancedAnnual report
「Meanwhile, to improve store operating efficiency and profitability, we promoted openings in prime locations expected to attract customers. During the third quarter, we opened 13 new stores—3 Baby Plaza stores, 1 BOBSON store and 9 n.o.u.s stores—bringing the total number of stores to 226 at the end of the quarter.」
As part of the reform of store profitability through openings in prime locations, the company opened 13 new stores, including 9 n.o.u.s stores. - FY2021-Q2AdvancedAnnual report
「Meanwhile, to improve store operating efficiency and profitability, we promoted openings in prime locations expected to attract customers. During the second quarter, we opened 10 new stores—2 Baby Plaza stores, 1 BOBSON store and 7 n.o.u.s stores—bringing the total number of stores to 223 at the end of the second quarter.」
As part of the reform of store profitability through openings in prime locations, the company opened 10 stores in total: 2 Baby Plaza stores, 1 BOBSON store and 7 n.o.u.s stores. - FY2019-Q3AdvancedAnnual report
「In fiscal 2018, we planned to open 10 tenant stores under newly established conditions and opened 7 of them.」
Of the 10 tenant stores planned for fiscal 2018 under newly established conditions for highly profitable formats, 7 had been opened, up from the previous cumulative total of 5. - FY2019-Q2AdvancedAnnual report
「Under the initiative to “add new sources of profit,” we aim to generate new earnings through highly profitable formats and opened 5 tenant stores under newly established conditions during the cumulative second quarter.」
As part of the development of highly profitable formats, the company opened 5 tenant stores under newly established conditions during the cumulative second quarter. - FY2019-Q1AdvancedAnnual report
「Under the initiative to “add new sources of profit,” we aim to generate new earnings by developing highly profitable formats through tenant openings under newly established conditions, and opened 2 new stores during the quarter.」
The company actually opened 2 stores during the quarter as part of its development of highly profitable formats through tenant openings under low-cost, newly established conditions. - FY2018RestatedAnnual report
「We will shift our store-opening strategy and promote low-cost openings at mid-sized shopping centers. We plan to open 10 to 20 stores from fiscal 2018 to fiscal 2019 and will use the resulting new sources of earnings to improve overall profitability.」
The reform of store profitability through low-cost openings was made concrete in a plan to open 10 to 20 stores from fiscal 2018 to fiscal 2019. - FY2018-Q3First statedAnnual report
「We will shift our store-opening strategy and promote low-cost openings at mid-sized shopping centers under new formats, with the aim of improving profit per store overall.」
As a means of reforming store profitability, the company first explicitly stated its policy of shifting from its previous store-opening strategy and promoting low-cost openings at mid-sized shopping centers under new formats.