Increasing the Mix of High-Margin Products and Improving Margins
First written in FY2017-Q1. 19 of 35 entries say "Worsened", first in FY2018. Latest entry: 2026-10-10.
Ministop moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
4 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「As a result of the change in the sales mix, including a decline in the in-store processed fast food segment, gross profit margin declined 1.2 percentage points from the same period of the previous year to 30.2%.」
The gross profit margin declined 1.2 percentage points year on year due to the lower sales mix of in-store prepared fast food. - FY2026AdvancedAnnual report
「Although gross profit margin was affected by the suspension of sales of high-value-added handmade rice balls and other products, measures such as promoting rice-based and deli products in the convenience-store business and cold desserts and fries among high-value-added in-store processed fast food products resulted in a gross profit margin of 30.4%, up 0.2 percentage points year on year.」
Despite the headwind from discontinuing sales of handmade rice balls and other products, sales of higher-value products such as rice-based meals and deli products, cold desserts and fries were promoted, resulting in a gross profit margin of 30.4%. - FY2026-H1AdvancedAnnual report
「The gross profit margin improved by 0.7 percentage points year on year to 31.4%. In-store-prepared fast-food products, particularly higher-value cold desserts and hot snacks, drove sales, while prepared and sweet breads and noodles among convenience-store products also sold well and contributed to improved profitability.」
The gross profit margin improved by 0.7 percentage points year on year to 31.4%, driven by increased sales of higher-value in-store-prepared products and prepared bread, sweet bread and noodles. - FY2025WorsenedAnnual report
「The gross profit margin also declined by 0.3 percentage points year on year to 30.2%, reflecting the impact of higher raw-material prices and the expanded range of value-priced products, particularly rice balls and sweet buns among convenience-store products.」
The gross profit margin declined from 30.5% to 30.2% as higher raw-material prices and the expansion of value-priced products offset progress in selling higher-value products. - FY2025-H1WorsenedAnnual report
「The gross profit margin declined by 0.1 percentage points year on year to 30.7%, as the range of value-priced rice balls and beverages among convenience-store products was expanded to meet customers’ needs amid heightened cost-consciousness.」
The gross profit margin declined by 0.1 percentage points year on year to 30.7% following the expansion of the value-priced product range. - FY2025-Q1AdvancedAnnual report
「Sales increased, led by handmade rice balls, as higher-value in-store-prepared fast-food products were offered in a selection that met customers’ needs. The gross profit margin improved by 0.1 percentage points year on year to 30.5%.」
The gross profit margin improved by 0.1 percentage points year on year to 30.5%, driven by an MD process that redesigns category roles and a broader selection of higher-value products. - FY2024AdvancedAnnual report
「The gross profit margin improved by 0.9 percentage points year on year to 30.5%. In addition to progress in reforming the MD process to redesign the role of each category based on customers’ purchasing behavior, the use of work schedules advanced to improve store staffing plans and task allocation for in-store-prepared fast-food products. This expanded the sales mix of higher-value products by offering a selection that met customers’ needs.」
The sales mix of higher-value products expanded through MD reforms that redesign category roles and the use of work schedules, improving the gross profit margin by 0.9 percentage points year on year to 30.5%. - FY2024-Q3RestatedAnnual report
「The gross profit margin improved by 0.9 percentage points year on year to 30.7% for the first 3 quarters of the fiscal year, as the company became more proficient in the MD process of redesigning category roles across convenience store products and in-store-prepared fast-food products, while sales of high-value-added products increased.」
Reported a gross profit margin of 30.7%, an improvement of 0.9 percentage points year on year, driven by an MD process that redesigns category roles and sales of higher-value products. - FY2024-Q2AdvancedAnnual report
「The gross profit margin improved by 1.0 percentage points year on year to 30.7%, as the company advanced an MD plan that redesigned the role of each category, centered on beverages, and high-value-added products performed well.」
The gross profit margin improved by 1.0 percentage points year on year to 30.7% through an MD plan that redesigned the role of each category and strong sales of high-value-added products. - FY2024-Q1AdvancedAnnual report
「The gross profit margin improved by 1.0 percentage points from the previous fiscal year to 30.5%.」
The domestic business's gross profit margin improved by 1.0 percentage points from the previous fiscal year to 30.5%, reversing the decline that had continued through the previous fiscal year. - FY2023-Q3WorsenedAnnual report
「The gross profit margin fell 0.4 percentage points from the previous fiscal year to 29.7% due to the impact of rising raw-material prices, which have continued to rise since the previous fiscal year.」
The gross profit margin fell 0.4 percentage points from the previous fiscal year to 29.7% due to the impact of higher raw-material prices. - FY2023-Q2WorsenedAnnual report
「The gross profit margin fell 0.7 percentage points from the previous fiscal year to 29.7% due to the impact of higher procurement prices resulting from rising raw-material costs, which have continued to rise since the previous fiscal year. The company will seek to curb the increase in the cost ratio by combining a range of Topvalu products that leverages the AEON Group's economies of scale with product development focused on new added value.」
The gross profit margin fell 0.7 percentage points from the previous fiscal year to 29.7% due to higher raw-material prices. The company indicated a policy of responding through a range of Topvalu products and the development of value-added products. - FY2023-Q1WorsenedAnnual report
「The gross profit margin fell 0.7 percentage points from the previous fiscal year to 29.5% due to the impact of rising procurement prices resulting from higher raw-material costs, which have continued to rise since the previous fiscal year. The company will continue efforts combining distinctive product value with a range of Topvalu products to provide value that customers find satisfactory.」
The gross profit margin fell 0.7 percentage points from 29.8% in the previous fiscal year to 29.5% due to the impact of higher raw-material prices. The company said it would continue to respond through distinctive products and a range of Topvalu products. - FY2022WorsenedAnnual report
「The gross profit margin fell 0.7 percentage points from the previous fiscal year to 29.8% due to higher procurement prices resulting from rising raw-material costs and a higher sales mix of tobacco.」
The gross profit margin fell 0.7 percentage points from the previous fiscal year to 29.8% due to rising raw-material prices and a higher sales mix of tobacco. - FY2021-Q1AdvancedAnnual report
「The gross profit margin reached 30.76% (up 0.41 percentage points year on year) as sales increased in high-margin categories including desserts, ice cream, frozen foods, paper products and hygiene products.」
The gross profit margin rose 0.41 percentage points year on year to 30.76% due to higher sales in high-margin categories. - FY2020WorsenedAnnual report
「The gross profit margin improved for prepared foods, sweet bread and desserts, which performed well, as well as skewered items among in-store-prepared fast food, for which the company reviewed raw-material procurement. However, the margin was 30.53% (down 0.53 percentage points from the previous fiscal year) due to weak sales of cold desserts in in-store-prepared fast food during the first half and changes in the product mix caused by higher tobacco sales.」
While margins on some products improved and raw-material procurement was reviewed, the gross profit margin fell 0.53 percentage points from the previous fiscal year to 30.53% due to weak cold-dessert sales and a change in the product mix caused by higher tobacco sales. - FY2020-Q1AdvancedAnnual report
「In South Korea, same-store daily sales were 97.1% of the previous year's level due to unfavorable weather. However, thorough improvements to the gross profit margin and expense reductions put first-quarter operating profit on an improving trend compared with the previous year.」
In South Korea, operating profit improved year on year through an improved gross profit margin and expense reductions. - FY2019WorsenedAnnual report
「Although margins on noodles, salads and frozen foods improved, the gross profit margin was 31.1% (down 0.3 percentage points from the previous fiscal year) due to changes in the sales mix caused by the tobacco tax increase and changes to the product mix from the second half.」
Although margins on some products improved, the consolidated gross profit margin fell 0.3 percentage points from the previous fiscal year to 31.1% due to changes in the product mix and other factors. - FY2019-Q3AdvancedAnnual report
「In South Korea, Korea Ministop Co., Ltd. improved its gross profit margin by 0.3 percentage points year on year and contributed to an improvement in operating profit by continuing to expand ready-to-eat products centered on rice-based items and strengthening promotion of staple foods and hot desserts among in-store-prepared fast-food products. In China, Qingdao Ministop Co., Ltd. pursued the conversion of directly operated stores to franchises, increasing the franchise ratio to 85.0%. The gross profit margin also improved by 1.7 percentage points year on year, due in part to the effect of two-temperature delicatessen cases, whose rollout has continued since the first half, contributing to an improvement in operating profit.」
In South Korea, the gross profit margin improved by 0.3 percentage points year on year through stronger ready-to-eat and in-store-prepared products. In China, it improved by 1.7 percentage points through two-temperature delicatessen cases and other measures, demonstrating progress overseas in improving the mix and margins of high-margin products. - FY2019-Q1WorsenedAnnual report
「Although margins on confectionery, processed foods and general merchandise improved, the gross profit margin was 31.3% (down 0.1 percentage points year on year) because the sales mix of fast-food products declined.」
Although margins on some products improved, the gross profit margin fell 0.1 percentage points year on year to 31.3% due to the lower sales mix of fast-food products. - FY2018WorsenedAnnual report
「Although margins on sweet bread, desserts, confectionery and processed foods improved, the gross profit margin was 31.3% (down 0.1 percentage points from the previous fiscal year) because the sales mix of fast-food products declined.」
Although margins on some products improved, the gross profit margin fell 0.1 percentage points to 31.3% due to the lower sales mix of high-margin fast-food products. - FY2017AdvancedAnnual report
「The gross profit margin improved to 31.4% (up 0.1 percentage points from the previous fiscal year) due in part to the higher sales mix of in-store-prepared fast-food products, prepared meals and delicatessen products.」
Improved the gross profit margin to 31.4%, up 0.1 percentage points year on year, mainly through a higher sales mix of high-margin products. - FY2017-Q3RestatedAnnual report
「The gross profit margin improved by 0.2 percentage points from the same period of the previous year to 31.4%, due to the higher sales mix of in-store-prepared fast-food products and prepared meals.」
Improved the gross profit margin by 0.2 percentage points year on year through a higher sales mix of high-margin products. - FY2017-Q2RestatedAnnual report
「The gross profit margin improved by 0.1 percentage points from the same period of the previous year to 31.5%, due to the higher sales mix of high-margin in-store-prepared fast-food products and improved margins on soft drinks and other products.」
Secured a 31.5% gross profit margin through a higher sales mix of in-store-prepared fast-food products and improved product-level margins. - FY2017-Q1First statedAnnual report
「The gross profit margin improved by 0.2 percentage points from the same period of the previous year to 31.5%, due to the higher sales mix of high-margin in-store-prepared fast-food products and improved margins on soft drinks and other products.」
Improving the sales mix of in-store-prepared fast-food products and product-level margins as means of improving profitability.