Strengthening Core Businesses Through Talent Development and the Establishment of Internal Controls
First written in FY2016. 12 of 20 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Our Group has identified 3 pillars of its human resources strategy: (1) investment in younger generations, (2) support for working parents, and (3) promoting the active participation of senior employees. We are advancing various initiatives with the aim of securing and developing talent and improving retention. We will also actively invest in human resources based on the view that people are our most important management resource for enhancing corporate value.」
In addition to the previous explanation that human capital is a source of value creation, the company explicitly identified 3 pillars of its human resources strategy targeting younger generations, working parents and senior employees. It also disclosed actual figures, including the proportion of women in management and the gender pay gap, for the filing company and its major consolidated subsidiaries. - FY2025SoftenedAnnual report
「Although we have formulated policies on talent development, including ensuring diversity, and improving the internal work environment, our Group is in an environment where its organizational and staffing structures are likely to change significantly as a result of the portfolio restructuring underway. To enable flexible organizational management in response to these changes, we have not yet established measurable targets at this time. We will continue considering specific metrics and targets.」
While policies on human capital and diversity have been formulated, measurable metrics and targets have not yet been established, and their formulation will be considered going forward. - FY2024ReframedAnnual report
「We position human capital as a source of value creation in our business activities and will achieve our management and business strategies and the Group's sustainable growth by continuously investing in talent development and capability building and improving the internal work environment. To promote diversity, we will also work to implement recruitment practices that do not discriminate based on employment status, age or gender.」
The explanation has been reorganized from the previous focus on talent development and organizational efficiency to cover the view of human capital as a source of value creation, capability building, improvement of the internal work environment and promotion of diversity. - FY2024-Q3AdvancedAnnual report
「Against this backdrop, the Group sought to reduce costs by reviewing its Group management structure, including downsizing administrative functions, and improved business productivity by focusing on its core businesses. As a result, for the cumulative third-quarter consolidated period, it reported operating income of ¥253 million, up 76.5% year on year, and ordinary income of ¥182 million, up 660.4%, showing an improvement in profitability.」
The disclosure reports the improvement in cumulative third-quarter results from downsizing administrative functions, reviewing the Group management structure and focusing on core businesses: operating income of ¥253 million and ordinary income of ¥182 million. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, the Group sought to reduce costs by reviewing its Group management structure, including downsizing administrative functions, and improved business productivity by focusing on its core businesses. As a result, for the cumulative second-quarter consolidated period, it reported operating income of ¥265 million, up 48.9% year on year, and ordinary income of ¥219 million, up 134.2%, showing an improvement in profitability.」
The disclosure reports cumulative second-quarter results following the downsizing of administrative functions, the review of the Group management structure and the focus on core businesses: operating income of ¥265 million and ordinary income of ¥219 million. - FY2024-Q1AdvancedAnnual report
「Against this backdrop, the Group sought to reduce costs by reviewing its Group management structure, including downsizing administrative functions, and improved business productivity by focusing on its core businesses. As a result, for the cumulative first-quarter consolidated period, it reported operating income of ¥161 million, up 217.7% year on year, ordinary income of ¥138 million, up 3,515.1%, and quarterly net income attributable to owners of the parent of ¥159 million, compared with a loss of ¥23 million in the same period of the previous year, showing an improvement in profitability.」
The disclosure reports the results of downsizing administrative functions, reviewing the Group management structure and improving productivity by focusing on core businesses: operating income of ¥161 million, ordinary income of ¥138 million and quarterly net income attributable to owners of the parent of ¥159 million. - FY2023-Q2RestatedAnnual report
「The Group will review the approach to Group management and control under the holding company structure, downsize the administrative functions of the Group as a whole and reassign surplus personnel to sales divisions.」
The downsizing of administrative functions, the review of Group management and control, and the reassignment of surplus personnel to sales divisions are reconfirmed as measures addressing the going-concern assumption. - FY2023-Q1RestatedAnnual report
「The Group will review the approach to Group management and control under the holding company structure, downsize the administrative functions of the Group as a whole and reassign surplus personnel to sales divisions.」
The downsizing of administrative functions, the review of Group management and control, and the reassignment of surplus personnel to sales divisions are being continued as measures to improve profitability. - FY2022-Q3RestatedAnnual report
「Under the holding company structure, the Group will reorganize and consolidate the administrative functions for optimal management of the Group as a whole, reduce administrative functions and reassign surplus personnel to the sales divisions.」
The reorganization, consolidation and downsizing of administrative functions and the reassignment of surplus personnel to sales divisions are being continued as measures for structural reform. - FY2022-Q1RestatedAnnual report
「The Group will review the approach to Group management and control under the holding company structure, downsize the administrative functions of the Group as a whole and reassign surplus personnel to sales divisions.」
The downsizing of administrative functions and the reassignment of surplus personnel to sales divisions are reconfirmed as measures for structural reform. - FY2021-Q3RestatedAnnual report
「Under the holding company structure, the Group will reorganize and consolidate the administrative functions for optimal management of the Group as a whole, reduce administrative functions and reassign surplus personnel to the sales divisions.」
The Group reconfirms its policy of continuing to reorganize and downsize administrative functions and reassign personnel to sales divisions. - FY2021-Q2RestatedAnnual report
「Under the holding company structure, the Group will reorganize and consolidate the administrative functions for optimal management of the Group as a whole, reduce administrative functions and reassign surplus personnel to the sales divisions.」
The Group reconfirms its policy of continuing to reorganize, consolidate and downsize administrative functions and reassign surplus personnel to sales divisions. - FY2021-Q1RestatedAnnual report
「Under the holding company structure, the Group will reorganize and consolidate the administrative functions for optimal management of the Group as a whole, reduce administrative functions and reassign surplus personnel to the sales divisions.」
The reorganization, consolidation and downsizing of administrative functions, together with the reassignment of surplus personnel to sales divisions, are reconfirmed as measures for optimizing personnel allocation and organizational efficiency. - FY2020-Q3RestatedAnnual report
「The Group will clarify management accountability based on the performance of each operating company and appoint personnel capable of leading the management turnaround and demonstrating leadership. It will also pursue a younger organization and practice diversity management by making use of personnel with diverse values.」
Management accountability by operating company, personnel appointments, organizational rejuvenation and diversity management are reconfirmed as measures for the management turnaround. - FY2020-Q2RestatedAnnual report
「The Group will clarify management accountability based on the performance of each operating company and appoint personnel capable of leading the management turnaround and demonstrating leadership. It will also pursue a younger organization and practice diversity management by making use of personnel with diverse values.」
Management accountability by operating company, personnel appointments, organizational rejuvenation and diversity management are reiterated as response measures. - FY2020-Q1RestatedAnnual report
「The Group will clarify management accountability based on the performance of each operating company and appoint personnel capable of leading the management turnaround and demonstrating leadership. It will also pursue a younger organization and practice diversity management by making use of personnel with diverse values.」
The appointment of personnel, organizational rejuvenation and diversity management are presented as specific measures for the management turnaround and human resources development. - FY2017-Q3RestatedAnnual report
「From the first-quarter consolidated accounting period, the Company changed the lower-of-cost-or-market method to the retail-price method. This change resulted from a review of the efficiency of operational management and internal control execution across the distribution business, prompted by the update of the core system used in part of that business. For products subject to the individual-item method, whose relative importance had declined, the operational management system was integrated with that for products subject to the retail-price method, such as DIY supplies, which represent a larger business scale. The new product management system went live from the first-quarter consolidated accounting period.」
The disclosure reiterates the previously described implementation of the new product management system and the integration of the operational management systems. - FY2017-Q2RestatedAnnual report
「This change resulted from a review of the efficiency of operational management and internal control execution across the distribution business, prompted by the update of the core system used in part of that business. For products subject to the individual-item method, whose relative importance had declined, the operational management system was integrated with that for products subject to the retail-price method, such as DIY supplies, which represent a larger business scale. The new product management system went live from the first-quarter consolidated accounting period.」
The disclosure details the background to bringing the new product management system fully online from the first quarter, with the aim of integrating operational management systems and improving efficiency in terms of internal controls. It does not describe the achievement of a new operational stage. - FY2017-Q1AdvancedAnnual report
「Because the new product management system went live at the beginning of the first-quarter consolidated accounting period」
The disclosure describes the concrete progress of bringing the new product management system fully online to improve the efficiency of operational management and internal controls in the distribution business. - FY2016First statedAnnual report
「Strengthening core businesses, including human resources development and the establishment of internal controls」
Human resources development and the establishment of internal controls are specifically identified as means of strengthening the core businesses.