Improving Management Efficiency by Transferring the Store Business to Regional Subsidiaries
First written in FY2018. 1 of 3 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2020-Q2.
0 other companies' latest entry also says "Advanced".
- FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 August 2019, the Company resolved to conduct, with 1 October of the same year as the effective date, an absorption-type company split concerning its store retail business, with the Company as the splitting company and its wholly owned subsidiary やまや東日本株式会社 as the successor company in the split. By transferring to やまや東日本株式会社 the business relating to the operation of the 198 stores operated by the Company in eastern Japan, referred to below as やまや stores, the Company aims to promote community-based sales and product initiatives and enhance the Group's overall sales competitiveness.」
A plan was approved to transfer the operating business of 198 stores in eastern Japan to a wholly owned subsidiary through an absorption-type company split, marking the transition to a phase of promoting community-based sales and product initiatives and improving operating efficiency. - FY2019-Q1AchievedAnnual report
「On 1 April 2018, we transferred the operations of 43 stores west of Nara Prefecture to やまや関西株式会社 and the operations of 15 stores in Ishikawa, Toyama and Fukui prefectures to やまや北陸株式会社, respectively, to strengthen the functions of the regional sales companies overseeing store operations in western Japan and Hokuriku.」
The transfer of the operations of 43 stores in western Japan and 15 stores in Hokuriku was completed on 1 April 2018, strengthening the functions of the respective regional sales companies. The store-operation transfers to regional subsidiaries planned for FY2018 were executed. - FY2018First statedAnnual report
「By transferring 43 stores operated by 株式会社やまや in western Japan to やまや関西株式会社 and 15 stores in the Hokuriku region to やまや北陸株式会社, respectively, we will strengthen our ability to respond to diverse customer needs in each region and enhance our competitive position in sales. Through these measures, the Group will further improve operating efficiency and enhance corporate value, while providing customers with more comprehensive services.」
A plan was approved to transfer 43 stores in western Japan and 15 stores in Hokuriku to regional subsidiaries, with the aim of improving responsiveness to regional needs, sales competitiveness and operating efficiency. The transfer date was stated as 1 April 2018.