Komori
M・H・GROUP LTD. (9439) · InitiativeRestated

Establishment of a Shanghai Subsidiary for Technical Training and Distribution of Proprietary Products

First written in FY2017-Q1. 2 of 7 entries say "Cited as achieved", first in FY2017. Latest entry: FY2019.

7entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q1Cited as achievedFY2017 – FY2018RestatedFY2019-Q2 – FY20192016: 120162017: 220172018: 220182019: 22019
Same theme, other companies
Establishment of a Store-Opening and Operating Model in ChinaA theme 7 companies write about · 0 as a headwind · 8 as a tailwind

0 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.
Full recordFilings, disclosures and news, newest first
  1. FY2019RestatedAnnual report

    「We are steadily expanding our store network by further strengthening cooperation with local master franchisees, supporting training in technology and services, and providing guidance on store operations.」

    The Company continues to pursue its policy of expanding the business through cooperation with local master franchisees, support for technical and service training, and guidance on store operations, even after rationalising its stores in China.
  2. FY2019-Q2RestatedAnnual report

    「We will further strengthen cooperation with local master franchisees, provide support for training in technology and services, offer guidance on store operations, and steadily expand our store network.」

    The Company continues to pursue its policy of expanding the business through cooperation with local master franchisees, support for technical and service training, and guidance on store operations, even after rationalising its stores in China.
  3. FY2019-Q1AdvancedAnnual report

    「We will further strengthen cooperation with local master franchisees, provide support for training in technology and services, offer guidance on store operations, and steadily expand our store network.」

    Following the rationalisation of our stores in China, the Company has stated its policy of expanding the business by strengthening cooperation with local master franchisees, supporting technical and service training, and providing guidance on store operations.
  4. FY2018Cited as achievedAnnual report

    「April 2017: Established 慕姿美髪(上海)有限公司 (currently an equity-method-excluded unconsolidated subsidiary), wholly funded by the Company.」

    The establishment of the Shanghai subsidiary responsible for technical training and the distribution of our proprietary products in China has been restated as a historical milestone.
  5. FY2017Cited as achievedAnnual report

    「Our group is dedicated exclusively to the beauty business. In addition to Japan, we hold the rights to license the mod's hair brand in 9 Asian countries. Our operations include directly operated salons in Japan, BS salons in Japan and 3 Asian countries (South Korea, Taiwan and China), hair and makeup services that represent the origins of mod's hair, and services for general salons, including reduced credit card processing fees that leverage mod's hair's economies of scale.」

    Following the establishment of the Shanghai subsidiary responsible for technical training and the distribution of our proprietary products in China, the position of the China business, including that subsidiary, has been restated under the business description.
  6. FY2017-Q3AchievedAnnual report

    「To provide stable technology and services at our locations in China, where further expansion is expected to accelerate, we established the following wholly owned subsidiary to provide technical training and promote the local distribution of our proprietary products to improve the reproducibility of hairstyles.」

    We established a wholly owned subsidiary responsible for technical training and the distribution of our proprietary products in China. It was established on 1 April 2017, with capital of 3 million yuan.
  7. FY2017-Q1First statedAnnual report

    「The company decided to establish a subsidiary to provide technical training to ensure stable skills and service at salons opened in China, where openings are expected to accelerate further, and to promote the local distribution of its products in China to improve the reproducibility of hairstyles. Capital: CNY 3,000,000 (approximately ¥46.5 million; CNY 1 approximately ¥15.5). Establishment date: January 2017 (scheduled). Business activities: importing mod's hair private-brand products from Japan into China and distributing them in China, and providing technical training to local mod's hair salon staff.」

    To support the acceleration of new store openings in China, the company plans to establish a wholly owned subsidiary in Shanghai in January 2017, as scheduled, to handle technical training and the import and local distribution of its products.
Moved together

"Supporting Hair Salons by Leveraging the Group’s Economies of Scale" moved the same way as this thread, in the same document, in 2 of its 7 moves.

22★12
  1. ★This thread
  2. 1Supporting Hair Salons by Leveraging the Group’s Economies of Scale2×
  3. 2Improving profitability through the relocation and renovation of directly operated large-format stores and rebuilding the flagship store2×

★ 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 M・H・GROUP LTD. yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Establishment of a Shanghai Subsidiary for Technical Training and Distribution of Proprietary Products | M・H・GROUP LTD. (9439) | Komori