Creating New Earnings Pillars through New Businesses
First written in FY2016. 14 of 21 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2025.
88 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Under another key priority, "expanding the life-ending support business," the Company began selling a new product for older people living alone, "Funerals Without a Chief Mourner." This is a new service combining funeral services with legal services provided by administrative scriveners and judicial scriveners.」
The Company began selling a new product for older people living alone that combines funeral services with legal services provided by administrative scriveners and judicial scriveners. - FY2022-Q3AdvancedAnnual report
「Drawing on the consultation capabilities of end-of-life counselors at the contact center operated by the company, it joined an external senior living support service as a partner company in April and jointly developed funeral insurance with an external company in May, including consultations on end-of-life planning. Since November, the funeral insurance has been sold by 3 Group funeral companies.」
Regarding the end-of-life-related business, a candidate for a new earnings pillar, the Company expanded into lifestyle support for seniors and the joint development of funeral insurance, and proceeded to sales through 3 Group funeral-service companies. - FY2022-Q2AdvancedAnnual report
「The life-ending support business operates an end-of-life planning web platform through Life Forward Co., Ltd. In April, it expanded its service menu and began providing memorial service ceremonies, inheritance, advance planning and personal-effects organization services. Funeral company and cemetery referral services have expanded from the Tokyo metropolitan area to the Kansai region, with nationwide expansion planned during fiscal 2022.」
Regarding ライフフォワード, a candidate for a new earnings pillar, the Company expanded its service offerings and made concrete plans to roll out its referral services across the Kansai region and nationwide during fiscal 2022. - FY2022-Q1AdvancedAnnual report
「Life Forward Co., Ltd., the core company of the life-ending support business, expanded its service menu from April and newly began providing memorial service ceremonies, inheritance, advance planning and the organization of personal effects. In addition, drawing on the consultation capabilities of end-of-life counselors at its contact center, it joined an external senior living support service as a partner company in April and jointly developed funeral insurance with an external company in May, including consultations on end-of-life planning.」
Regarding ライフフォワード, a candidate for a new earnings pillar, the Company made concrete progress in expanding its service offerings to include external partnerships, lifestyle support for seniors, and funeral insurance with end-of-life planning consultations. - FY2021-Q3RestatedAnnual report
「We established Life Forward Co., Ltd. on 1 April 2020 and launched a website in July to support end-of-life planning through highly transparent information. We initially began by providing funeral and cemetery referrals in the Tokyo metropolitan area and promoted partnerships with service providers for this purpose.」
As a candidate for a new earnings pillar, the Company continues to report its end-of-life planning support website, funeral and cemetery referral services, and partnerships with business partners. - FY2021-Q2AdvancedAnnual report
「We established Life Forward Co., Ltd. on 1 April 2020 and launched a website in July to support end-of-life planning through highly transparent information. We initially began by providing funeral and cemetery referrals in the Tokyo metropolitan area and promoted partnerships with service providers for this purpose.」
As a candidate for a new earnings pillar, the Company launched a website supporting end-of-life planning and began partnerships with funeral and cemetery referral service providers. - FY2021-Q1AdvancedAnnual report
「The Company established ライフフォワード株式会社 on 1 April 2020 to provide platform services supporting seniors' lives, centered on the life-ending stage before and after funerals. It began operations in July 2020, initially providing funeral and cemetery referral services.」
Regarding the platform business related to creating a new earnings pillar, the Company progressed through the establishment of a company and the launch of funeral and cemetery referral services. - FY2020AdvancedAnnual report
「As part of expanding the life-ending support business, we decided to provide a platform service aimed at supporting senior living, centered on the life-ending stage before and after funerals. As announced on 20 February 2020, we established Life Forward Co., Ltd. on 1 April to operate a portal site for life-ending services. Services are scheduled to begin in July.」
In connection with its policy of creating a new earnings pillar, the Company developed its life-ending services platform business to the stage of establishing a company and planning to launch services. - FY2020-Q3RestatedAnnual report
「In addition, regarding new businesses, the Company opened its third rehabilitation-focused day-care facility, ポシブル甲東園, in November 2019.」
The opening of the third facility was already reported in the previous quarter, and this filing reiterates the same progress. - FY2020-Q2AdvancedAnnual report
「In addition, regarding new businesses, the Company prepared to open its third rehabilitation-focused day-care facility, ポシブル甲東園, and opened it in November 2019.」
The Company opened its third rehabilitation-focused day-care facility in the nursing-care business, advancing its new business initiatives. - FY2020-Q1ReframedAnnual report
「Strengthening the earnings power of new businesses」
In the new medium-term management plan, the focus has been reframed from creating new businesses to strengthening the earnings power of existing new businesses. - FY2019-Q3AdvancedAnnual report
「Third, as part of its full-scale efforts to create new businesses, the Company opened its second rehabilitation-focused day-care facility, ポシブル池田, in the nursing-care business in July 2018. In the food-service business, it opened its third ramen restaurant, うまい麺には福来たる 天五店, in Kita Ward, Osaka, in December 2018.」
In addition to its second nursing-care facility, the Company opened its third ramen restaurant in the food-service business in December 2018. - FY2019-Q2RestatedAnnual report
「Third, as part of its full-scale efforts to create new businesses, the Company opened its second rehabilitation-focused day-care facility, ポシブル池田, in the nursing-care business in July 2018.」
The Company has reiterated the progress previously reported regarding the opening of its second nursing-care facility. - FY2019-Q1AdvancedAnnual report
「In addition, as part of its full-scale efforts to create new businesses, one of its key priorities, the Company opened its second rehabilitation-focused day-care facility, ポシブル池田, in the nursing-care business in July 2018.」
The Company states that it opened its second rehabilitation-focused day-care facility in the nursing-care business in July 2018. - FY2018RestatedAnnual report
「④ Full-scale efforts to create new businesses To reduce risk in the Group's business portfolio and achieve stable, sustained growth over the medium to long term, the Group will continue to pursue new businesses and ensure the steady development of businesses it has launched.」
The Company has reiterated its policy of continuously pursuing new businesses and steadily developing businesses already launched. - FY2018-Q3AdvancedAnnual report
「In addition, as part of its new business initiatives, the Company opened ポシブル箕面牧落 in Minoh, Osaka, in January 2018 as its first rehabilitation-focused day-care facility.」
For the nursing-care business being developed as a new business, the Company opened its first rehabilitation-focused day-care facility in January 2018. - FY2018-Q2AdvancedAnnual report
「Regarding its efforts in new businesses, the Company plans to open a facility in February 2018 with support and guidance from ポシブル医科学株式会社, headquartered in Higashiosaka, Osaka, a member of the JR West Group that operates rehabilitation-focused day-care services and other nursing-care businesses.」
The Company made concrete plans to enter the nursing-care business as a new business, identifying the organization providing support and guidance and the planned opening of a facility in February 2018. - FY2018-Q1RestatedAnnual report
「Under the Medium-Term Management Plan for fiscal 2016–fiscal 2018, we will work to achieve six priority objectives: ① strengthening the structure and establishing systems to improve service quality, ② proactively expanding the operating area of the funeral business, ③ growing the life-ending support business, ④ making a full-scale effort to create new businesses, ⑤ completing the development of our operating foundation, and ⑥ strengthening risk management.」
The Company continues to identify the creation of new businesses as a key issue in its medium-term management plan, but this filing does not show any concrete progress, such as the opening of a new business. - FY2017-Q3AdvancedAnnual report
「As part of its efforts to create new businesses, the Group opened ramen restaurants operated by エクセル・サポート・サービス㈱ in Nishi Ward, Osaka, in October 2016 and in Yodogawa Ward, Osaka, in December 2016, marking the start of diversification into the Group's culinary and food-service businesses.」
Following the opening of the Nishi Ward restaurant in Osaka in October 2016, the Company opened a restaurant in Yodogawa Ward, Osaka, in December 2016, and is proceeding with diversification into the culinary and food-service businesses. - FY2017-Q2AdvancedAnnual report
「In addition, as part of its efforts to create new businesses, the Group opened a ramen restaurant in Nishi Ward, Osaka, in October 2016, operated by エクセル・サポート・サービス㈱, marking the start of diversification into the Group's culinary and food-service businesses.」
The Company made concrete progress in entering the food-service business by opening a ramen restaurant in Nishi Ward, Osaka, as a new business. - FY2016First statedAnnual report
「To reduce risk in the Group's business portfolio and achieve stable, sustained growth over the medium to long term, we will pursue new businesses that can become additional earnings pillars.」
First disclosed. The company indicated that it intends to achieve lower business portfolio risk and stable, sustained growth through new businesses.