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Kintetsu Department Store (8244) · InitiativeRestated

Building the Next-Generation Core System

First written in FY2019-Q2. 5 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2023-Q3.

8entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q2AdvancedFY2019 – FY2020-Q1AdvancedFY2020 – FY20222018: 120182019: 220192020: 220202021: 120212022: 120222023: 1
Same theme, other companies
Investment in Upgrading Core Business SystemsA theme 157 companies write about · 4 as a headwind · 153 as a tailwind

20 other companies' latest entry also says "Restated".

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.
Showing 14 of the 157 companies compared. The sentences above are computed from all 157.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3RestatedAnnual report

    「Depreciation and amortization for the cumulative third quarter consolidated period, including amortization of intangible fixed assets, was as follows.」

    Recorded ¥4,458 million in depreciation and amortization, including for intangible fixed assets associated with updates to the core system and other systems, on a cumulative third-quarter basis.
  2. FY2022AdvancedAnnual report

    「Main additions during the period Related to the next POS system update Tools, fixtures and equipment: ¥604 million Lease assets: ¥661 million Software: ¥1,515 million」

    For the next POS system update, invested ¥604 million in tools, fixtures and equipment, ¥661 million in lease assets and ¥1,515 million in software.
  3. FY2021AdvancedAnnual report

    「The group made capital investments of ¥3,534 million during the consolidated fiscal year. The principal investments were the acquisition of operating land for the department store business, software development and equipment purchases associated with updating POS systems, and store sales-floor remodelling and facility renovation work.」

    As part of rebuilding the core system, carried out software development and equipment purchases associated with updating the POS system.
  4. FY2020AdvancedAnnual report

    「Software Rebuilding of the core system and other items 2,545」

    Disclosed current-period additions of ¥2,545 million related to rebuilding the core system and proceeded具体ely with system updates and rebuilding as full-year capital investment.
  5. FY2020-Q3RestatedAnnual report

    「Operating profit was ¥1,571 million, down 34.9% year on year, due to increased depreciation expenses associated with the update of the core system.」

    The depreciation expense burden associated with updating the core system continues to affect operating profit in the department store business.
  6. FY2020-Q1AdvancedAnnual report

    「Operating profit was ¥928 million, down 9.2% year on year, due to increased depreciation expenses associated with the update of the core system.」

    Described how the update of the core system was reflected in results through increased depreciation expenses, indicating further progress in rebuilding the system.
  7. FY2019AdvancedAnnual report

    「Software under development Acquisition cost of store fixtures and equipment, including the Kusatsu store Acquisition cost of store fixtures and equipment, including the Nara store Rebuilding of the core system and other items 324 266 1,713」

    Recorded ¥1,713 million of additions during the period to software under development associated with rebuilding the core system, indicating that development is progressing具体ely.
  8. FY2019-Q2First statedAnnual report

    「Cash flow from investing activities resulted in an outflow of ¥3,409 million, compared with an outflow of ¥2,349 million in the same period of the previous year, mainly due to expenditures for the acquisition of intangible fixed assets associated with the development of the next core system.」

    Recorded expenditures for the acquisition of intangible fixed assets associated with the development of the next core system as investing activities.
Moved together

"Strengthening the Abeno Harukas Kintetsu Main Store’s Ability to Attract Customers" moved the same way as this thread, in the same document, in 4 of its 8 moves.

444443★123456
  1. ★This thread
  2. 1Strengthening the Abeno Harukas Kintetsu Main Store’s Ability to Attract Customers4×
  3. 2Maximizing the Appeal of the Abeno-Tennoji Area4×
  4. 3Restructuring Regional Core Stores4×
  5. 4Development of New Revenue Sources through the Franchise Convenience Store Business4×
  6. 5Determination of Executive Compensation, Including Performance-Linked Compensation4×
  7. 6Creating Business Models through New Business Areas, E-Commerce and Cross-Border E-Commerce3×

★ 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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No upcoming earnings preview for Kintetsu Department Store yet.
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Building the Next-Generation Core System | Kintetsu Department Store CO.,Ltd. (8244) | Komori