Improving Madame Joy's earnings capacity and financial position
First written in FY2016. 4 of 11 entries say "Restated". Latest entry: FY2019.
Hiroshima Electric Railway moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
19 other companies' latest entry also says "Reframed".
- FY2019ReframedAnnual report
「In October 2018, the supermarket and mobile sales businesses of Hiroden Store Co., Ltd. were transferred to another company to eliminate unprofitable operations, after which the company was dissolved and liquidated.」
The response shifted from the previous measures of improving earnings capacity through sales targets and inventory management to restructuring the business through the transfer of unprofitable operations and the dissolution and liquidation of the company. - FY2019-Q3RestatedAnnual report
「In the distribution business, the supermarket and mobile sales businesses of Hiroden Store Co., Ltd. were transferred to another company in October, thereby eliminating unprofitable operations. At Madame Joy stores, the Koi store closed at the end of March, and operations at the other 5 stores and the mobile sales business ended in September, resulting in lower revenue.」
The decline in revenue resulting from the closure of Madame Joy's Koi store and the end of operations at the other 5 stores and the mobile sales business continues to be reported. - FY2019-Q2WorsenedAnnual report
「At Madame Joy stores, the Koi store closed at the end of March, and operations at the other 5 stores and the mobile sales business ended on 26 September, resulting in lower revenue.」
Following the closure of the Koi store, operations at the other 5 stores and the mobile sales business ended on 26 September, contributing to the decline in distribution business revenue. - FY2019-Q1WorsenedAnnual report
「In the distribution business, revenue from Madame Joy stores declined following the closure of the Koi store at the end of March.」
The Koi store closed at the end of March, contributing to the decline in revenue from Madame Joy stores. - FY2018WorsenedAnnual report
「In the distribution business, revenue from Madame Joy stores declined due to intensifying competition across formats, including drugstores, worsening vegetable market conditions caused by adverse weather and tenant departures ahead of the closure of the Koi store at Hiroden Kaikan.」
Madame Joy store revenue declined due to intensifying competition, adverse weather and tenant departures ahead of store closures. - FY2018-Q3RestatedAnnual report
「In the distribution business, sales in the trading business at Madame Joy stores increased due to higher per-litre prices for diesel fuel, but revenue declined because sales in the directly operated business and tenant sales decreased.」
Although sales in the trading business increased, sales in the directly operated business and tenant sales declined, resulting in lower distribution business revenue. - FY2018-Q2WorsenedAnnual report
「In the distribution business, sales in the trading business at Madame Joy stores increased due to higher per-litre prices for diesel fuel, but revenue declined because sales in the directly operated business and tenant sales decreased.」
At Madame Joy, the trading business increased, while sales in the directly operated business and tenant sales declined, resulting in lower distribution business revenue. - FY2017RestatedAnnual report
「In addition, we will seek to improve earnings capacity and fundamentally strengthen our financial position by setting sales targets and tightening inventory management.」
Efforts to improve Madame Joy's earnings capacity and financial position continue through the setting of sales targets and tighter inventory management. - FY2017-Q3RestatedAnnual report
「In the distribution business, the directly operated business at Madame Joy stores saw increases in both customer numbers and sales, but revenue declined due to lower sales in the trading business resulting from lower per-litre prices for diesel fuel and lower tenant sales.」
Although customer numbers and sales increased in Madame Joy's directly operated business, distribution business revenue declined due to decreases in the trading business and tenant sales. - FY2017-Q2AdvancedAnnual report
「At Madame Joy stores, the directly operated business saw increases in both customer numbers and sales, but revenue declined due to lower sales in the trading business resulting from lower per-litre prices for diesel fuel and lower tenant sales.」
Although customer numbers and sales increased in Madame Joy's directly operated business, total distribution business revenue declined due to decreases in the trading business and tenant sales. - FY2016First statedAnnual report
「We will seek to improve earnings capacity and fundamentally strengthen our financial position by continuing to set sales targets and improve productivity.」
The Company has set out plans to improve the distribution business through sales targets and higher productivity.