Keeping Fixed Costs Down Through Regional and Upper-Floor Store Expansion
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「Agu. Group primarily opens single-story stores on large sites with parking in suburban areas and above-street-floor locations with low rents in city centers. By allocating savings in fixed costs such as rent to stylist compensation and web advertising expenses, the Group believes it achieves strong competitiveness and customer attraction, enabling stores to become profitable within a short period after opening.」
The company continues to explain its containment of fixed costs through suburban-format and above-street-floor locations and its reallocation of savings to compensation and web advertising. - FY2023RestatedAnnual report
「Agu. Group primarily opens single-story stores on large sites with parking in suburban areas and above-street-floor locations with low rents in city centers. By allocating savings in fixed costs such as rent to stylist compensation and web advertising expenses, the Group believes it achieves strong competitiveness and customer attraction, enabling stores to become profitable within a short period after opening.」
The company continues to make fixed-cost containment through suburban-format and above-street-floor locations, together with reallocating savings to compensation and web advertising, a feature of its store expansion. - FY2021First statedAnnual report
「In suburban areas, the Group primarily opens single-story stores on large sites with parking, while in city centers it focuses on above-street-floor locations with low rents. Savings in fixed costs such as rent are allocated to stylist compensation and web advertising expenses.」
The company describes this as a measure to achieve both pricing competitiveness and customer attraction by leveraging regional property information and low-rent properties in urban areas.