Downsizing and Optimization of BtoC and E-Commerce Businesses
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020.
13 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「We executed a business transfer agreement for the BtoC business in order to concentrate resources on the core BtoB business and focus on expanding the matching platform, and completed the transfer procedures on 31 March.」
Following the narrowing of the range of products handled and the discontinuation of unprofitable products, the transfer of the BtoC business was completed, bringing the downsizing and optimization measures to the completion stage. - FY2020-Q3AdvancedAnnual report
「During the third quarter accounting period, we resolved to transfer the BtoC business and executed a business transfer agreement in order to concentrate resources on the core BtoB business and focus on expanding the matching platform.」
In addition to narrowing the range of products handled in the BtoC business and discontinuing unprofitable products, the company proceeded to execute a business transfer agreement, giving concrete form to its downsizing and optimization measures. - FY2020-Q2AdvancedAnnual report
「However, as a continuation of the previous fiscal year, we expect the competitive environment to remain challenging. We are therefore significantly narrowing the range of products handled and discontinuing unprofitable products, thereby downsizing the business and substantially improving profitability.」
In the BtoC business, the company has significantly narrowed the range of products handled and discontinued unprofitable products, while working to improve profitability by downsizing the business. - FY2020-Q1AdvancedAnnual report
「As a continuation of the previous fiscal year, we expect the competitive environment to remain challenging. We are therefore significantly narrowing the range of products handled and discontinuing unprofitable products in an effort to substantially reduce the loss.」
In the BtoC business, the company is significantly narrowing the range of products handled and discontinuing unprofitable products. - FY2019First statedAnnual report
「Meanwhile, given expectations of continued intense competition in the BtoC e-commerce business, which handles nursing-care products and health equipment, we plan to significantly narrow the range of products handled and downsize and optimize the business.」
The company plans to significantly narrow the range of products handled in the BtoC business and reduce the business scale and loss by discontinuing products that are unprofitable.