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Ministop (9946) · InitiativeReframed

Active investment in renovations, advertising and franchisee support

First written in FY2017-Q1. 11 of 17 entries say "Restated". Latest entry: FY2023-Q2.

17entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2017RestatedFY2018-Q2 – FY2020-Q3AdvancedFY2021-Q1 – FY2022-Q12016: 220162017: 420172018: 220182019: 320192020: 320202021: 120212022: 22022
Same theme, other companies
Comprehensive improvement of operating quality and profitability at existing storesA theme 80 companies write about · 0 as a headwind · 91 as a tailwind

1 other company's latest entry also says "Reframed".

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.
Showing 14 of the 80 companies compared. The sentences above are computed from all 80.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q2ReframedAnnual report

    「Advertising expenses shifted from sales promotion centered on television commercials in the previous fiscal year to more extensive promotion using the MINISTOP app this fiscal year, moving to more efficient promotion while keeping expenses down.」

    Investment in advertising and promotions shifted from a television-commercial-led approach to an app-led approach focused on expense efficiency.
  2. FY2022-Q3RestatedAnnual report

    「Regarding selling, general and administrative expenses, the company focused on controlling costs, particularly personnel expenses, by reducing operating labor hours at company-operated stores and streamlining head-office functions through the use of RPA for routine tasks and the active introduction of online meetings.」

    Cost control through reduced operating labor hours at company-operated stores, RPA, online meetings and the streamlining of head-office functions is continuing.
  3. FY2022-Q1AdvancedAnnual report

    「Regarding selling, general and administrative expenses, the company focused on controlling costs, particularly personnel expenses, by reducing operating labor hours at company-operated stores and the number of company-operated stores, and streamlining head-office functions through the use of RPA for routine tasks and the active introduction of online meetings.」

    The company reduced operating labor hours and the number of company-operated stores and streamlined head-office functions through RPA and online meetings.
  4. FY2021-Q2AdvancedAnnual report

    「In response to the spread of COVID-19, the company improved operational efficiency while reducing expenses by introducing an online meeting system, promoting telework and cancelling nonessential business trips.」

    The company simultaneously addressed the spread of COVID-19, reduced expenses and improved operational efficiency through online meetings, telework and the cancellation of business trips.
  5. FY2021-Q1AdvancedAnnual report

    「Selling, general and administrative expenses declined as fixed costs such as store land and building rents were reduced through planned closures in the previous fiscal year. In response to the spread of COVID-19, the company also improved operational efficiency while reducing expenses by introducing an online meeting system, promoting telework and cancelling nonessential business trips.」

    In addition to reducing fixed costs through planned store closures, the company reduced expenses and improved operational efficiency through online meetings, telework and the cancellation of business trips.
  6. FY2020-Q3RestatedAnnual report

    「Regarding the cost-structure reforms being pursued by MINISTOP CO.,LTD., the company will promote the use of RPA and outsourcing for routine tasks and continue reducing costs, particularly in indirect functions.」

    The company has indicated that it will continue reducing costs through the use of RPA for routine tasks, outsourcing and efficiency improvements in indirect functions.
  7. FY2020-Q1RestatedAnnual report

    「While reducing expenses through efficiency improvements, including the digitization of approvals and application documents and the use of RPA for routine tasks, we actively renovated company-operated stores to prepare them for franchising.」

    The policy of combining operational efficiency and cost reductions with store investment to improve sales and the franchise network is continuing.
  8. FY2019RestatedAnnual report

    「While reducing expenses in back-office functions and advancing efficiency measures such as digitizing documents, we incurred expenses to increase sales, including support for franchisees’ product lineups and television advertising for cold desserts among our in-store-prepared fast-food products.」

    Back-office efficiency initiatives are being pursued alongside sales-enhancing investment in franchisee support and product advertising.
  9. FY2019-Q3RestatedAnnual report

    「We concentrated resources on supporting franchisees’ product lineups and worked to increase sales at existing stores.」

    With back-office efficiency as a prerequisite, resources continue to be invested to increase sales at existing stores, including through support for franchisees’ product selections.
  10. FY2019-Q2RestatedAnnual report

    「While reducing costs and improving efficiency in back-office functions, the company incurred expenses to increase sales, including support for franchisees’ product selections.」

    The policy of combining cost reductions and efficiency improvements in back-office functions with sales-enhancing investment in franchisee support is continuing.
  11. FY2019-Q1RestatedAnnual report

    「While reducing and streamlining expenses in back-office functions, we incurred expenses to increase sales, including store renovations to revitalize existing stores and support for franchisees’ product lineups.」

    Cost reductions and efficiency improvements in back-office functions are being pursued alongside sales-enhancing investment in store renovations and franchisee support.
  12. FY2018-Q2RestatedAnnual report

    「Resources were concentrated on strengthening promotions centered on the WAON POINT Card, supporting franchisees’ product selections and replacing stores, with efforts focused on increasing sales at existing stores and improving expense efficiency.」

    Investment in promotions, franchisee support and store replacements is continuing.
  13. FY2018-Q1AdvancedAnnual report

    「The SG&A ratio fell below the previous year’s level as a result of reviewing promotional methods and closing unprofitable stores, among other measures.」

    The SG&A ratio fell below the previous year’s level due to a review of promotional methods and the closure of unprofitable stores.
  14. FY2017RestatedAnnual report

    「Selling, general and administrative expenses included spending to increase sales through store openings, active renovations of existing stores, stronger support for franchisees’ product selections and television advertising, among other measures」

    Investment in new store openings, existing-store renovations, franchisee support and advertising is continuing.
  15. FY2017-Q3RestatedAnnual report

    「Selling, general and administrative expenses increased year on year as the number of stores grew and existing stores were renovated. The renovations improved appearance, and additional refrigerated cases were installed at some stores to strengthen their offering of daily-delivery products. In addition, expanded support for new product selections also contributed to the increase.」

    Investment to increase sales, including store renovations and product-selection support, continued, causing SG&A expenses to rise year on year.
  16. FY2017-Q2RestatedAnnual report

    「Selling, general and administrative expenses increased year on year as the number of stores grew and equipment costs rose due to active renovations of existing stores, while expenses were also incurred to increase sales through greater advertising and stronger support for franchisees’ product selections.」

    Spending on renovations, advertising and franchisee support is continuing.
  17. FY2017-Q1First statedAnnual report

    「Expenses increased year on year due to spending to boost sales, including active renovations of existing stores, advertising and stronger support for franchisees’ product selections.」

    Funds are being invested in existing-store renovations, advertising and franchisee support to increase sales.
Moved together

"Evolution of In-Store-Prepared Fast Food" moved the same way as this thread, in the same document, in 4 of its 17 moves.

433333★123456
  1. ★This thread
  2. 1Evolution of In-Store-Prepared Fast Food4×
  3. 2Enhancing the product assortment to meet everyday needs3×
  4. 3Planned Scrap-and-Build and a Focus on Profitability3×
  5. 4Expansion of services such as in-store pickup and social gifting3×
  6. 5Integrated Operations with Franchisees and Product Assortment Support3×
  7. 6Bad debts on franchisee loan accounts3×

★ 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 Ministop yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Active investment in renovations, advertising and franchisee support | MINISTOP CO.,LTD. (9946) | Komori