Reorganizing Overseas Operations for Expansion in ASEAN
First written in FY2016. 2 of 3 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2021: 8 of 55 companies on the "Worse" side.
46 other companies' latest entry also says "Advanced".
- FY2024-Q3AdvancedAnnual report
「⑥ Significant store renovations and advertising investment to increase sales and market share in the overseas business, resulting in upfront expenses」
In the overseas business, large-scale store renovations and advertising investments were undertaken to increase sales and market share. Upfront costs are affecting performance. - FY2022-Q3AdvancedAnnual report
「During the third quarter of the consolidated accounting period, PT. BEST ELECTRIC INDONESIA was established, and 株式会社桧家住宅名古屋 was included in the scope of consolidation following the acquisition of all its issued shares.」
For expansion in the ASEAN region, an Indonesian corporation was established and included in the scope of consolidation. - FY2016First statedAnnual report
「Singapore was positioned as the base for the overseas business, and the transaction was carried out to enable the Group to conduct business operations rapidly and flexibly in its future expansion across the ASEAN region by making the company a wholly owned subsidiary.」
The Singapore subsidiary was made a wholly owned subsidiary, while the Indonesian business was shifted to a joint venture with local capital and a franchise business.