Komori
Shimamura (8227) · TargetDropped

Standardizing operations and implementing low-cost management toward a 3,000-store network

First written in FY2017. 5 of 9 entries say "Restated". Latest entry: FY2019.

9entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2018-Q3RestatedFY2019-Q1 – FY2019-Q2SoftenedFY2019-Q32017: 420172018: 420182019: 12019
Same theme, other companies
Expansion of the Nationwide Network of Retail Stores, Buyback Centers and Logistics LocationsA theme 5 companies write about · 0 as a headwind · 6 as a tailwind

1 other company's latest entry also says "Dropped".

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. FY2019DroppedAnnual report

    「Against this backdrop, the Group adopted “Improving Existing-Store Performance” as its common theme for FY2019. With the restoration of the Shimamura brand as the focus, we pursued reforms to customer-focused stores, sales floors and merchandise composition through three forms of dialogue, with the aim of creating stores where customers can enjoy browsing and touching products, make selections easily and shop casually.」

    The management policy for FY2019 contains no direct reference to a domestic 3,000-store network, and the focus shifted to improving existing-store performance and restoring brand strength.
  2. FY2019-Q3SoftenedAnnual report

    「Against this backdrop, and as a prerequisite for expanding scale and strengthening the foundation, the Group adopted “Lifting Existing Stores” as its Group-wide theme across all businesses from the third quarter. We worked to restore the appeal and trust of our stores and the brand strength of our products and assortments, while continuing to educate and develop employees.」

    There is no direct reference to a “domestic 3,000-store network.” On the premise of “expanding scale and strengthening the operating base,” the focus of all businesses has shifted from the third quarter to improving the performance of existing stores.
  3. FY2019-Q2RestatedAnnual report

    「During the fiscal year, toward a domestic network of 3,000 stores, we are pursuing system renewal initiatives and working on employee education and development in order to expand our scale and strengthen our foundation.」

    The targets of expanding scale and strengthening the operating base toward a domestic 3,000-store network were maintained, and system renewal and employee education and development are continuing.
  4. FY2019-Q1RestatedAnnual report

    「During the fiscal year, toward a domestic network of 3,000 stores, we are pursuing system renewal initiatives and working on employee education and development in order to expand our scale and strengthen our foundation.」

    The targets of expanding scale and strengthening the operating base toward a domestic 3,000-store network were maintained, and system renewal and employee education and development are being pursued.
  5. FY2018ReframedAnnual report

    「The Group set “Expanding Scale and Strengthening the Foundation” as its unified theme for fiscal 2018. During the fiscal year, toward a domestic network of 3,000 stores, we will renew our systems and focus on employee education and development in order to expand our scale and strengthen our foundation.」

    The target of a 3,000-store network was maintained, but the framework of the plan was revised from “completing the transformation” to “expanding scale and strengthening the operating base,” with system renewal and employee education and development added as measures.
  6. FY2018-Q3RestatedAnnual report

    「We are promoting further simplification and standardization of operations toward a 3,000-store network, thoroughly pursuing low-cost operations and working to improve performance.」

    Operational simplification and standardization and low-cost operations toward a 3,000-store network were reiterated.
  7. FY2018-Q2RestatedAnnual report

    「We are promoting further simplification and standardization of operations toward a 3,000-store network, thoroughly pursuing low-cost operations and working to improve performance.」

    Operational simplification and standardization and low-cost operations toward a 3,000-store network were reiterated.
  8. FY2018-Q1RestatedAnnual report

    「Against this consumer environment, the Group has adopted “Three Years of Transformation, the Year of Completion” as its unified theme. We are continuing to expand the speed and scope of transformation, boldly changing and evolving all operations to deepen our presence in the domestic market, while promoting further simplification and standardization of operations toward a 3,000-store network, thoroughly pursuing low-cost operations and working to improve performance.」

    The target and means of operational simplification and standardization and low-cost operations toward a 3,000-store network were reiterated.
  9. FY2017First statedAnnual report

    「The Group’s unified theme for FY2017 was “Three Years of Transformation, the Year of Completion.” During the fiscal year, we will expand the speed and scope of transformation, boldly change and evolve all operations to deepen our presence in the domestic market, and pursue further simplification and standardization of operations toward a 3,000-store network, thereby ensuring low-cost operations and working to improve performance.」

    A new scale target of 3,000 stores, along with operational simplification and standardization and low-cost operations as the means to achieve it, was explicitly stated.
Moved together

"Understand the Fundamentals, Transform Boldly: Expanding the Speed and Scope of Transformation" moved the same way as this thread, in the same document, in 2 of its 9 moves.

22★12
  1. ★This thread
  2. 1Understand the Fundamentals, Transform Boldly: Expanding the Speed and Scope of Transformation2×
  3. 2Uncertainty about the outlook due to yen appreciation, economic slowdowns in emerging markets, and U.S. monetary policy2×

★ 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.

When this could move next
No upcoming earnings preview for Shimamura yet.
News
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