Everyday Low Prices and a Review of Price Points
First written in FY2016. 6 of 14 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Merchandising response to alcohol tax revisionsAnnual report
「In the October 2026 revision of the liquor tax, tax rates on beer and beer-like beverages will be unified. In both the tax-increase and tax-decrease categories, we will expand our product range and services to meet customer needs and respond to market changes.」
Looking ahead to the unification of tax rates on beer and beer-like beverages, the company plans to expand its product range and services for the tax-increase and tax-decrease categories. - 2026-05-15AdvancedEarnings
「増税、減税それぞれのカテゴリーにおいて、お客様のニーズに合わせた最適な品揃えとサービスを拡充して市場の変化に対応するとともに、トータルコストの低減に努め、経営基盤の強化と経営効率の向上に取組み続けてまいります。」
酒税改正に対応し、カテゴリー別の品揃え・サービス拡充とトータルコスト低減を進める方針を示している。 - FY2026-H1The backlash from price increases and weaker demand for high-priced productsAnnual report
「In the liquor retailing business, manufacturers raised prices for alcoholic beverages and food products one after another in April. Sales and gross profit were below the previous year, affected by the backlash from last year's stockpiling before the price increase for large-volume whisky products and by lower sales of high-priced imported liquor to inbound tourists.」
The backlash from stockpiling before manufacturers' price increases and lower sales of high-priced imported liquor weighed on sales and gross profit in the liquor retailing business. - FY2024-Q2AdvancedAnnual report
「Price revisions in response to higher product procurement costs proved effective, and sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the consolidated earnings forecasts.」
It states that price revisions were implemented in response to higher product procurement costs, resulting in performance exceeding the consolidated earnings forecasts. - FY2023-Q3AdvancedAnnual report
「Manufacturers raised prices in October, triggering substantial stock-up demand in September. However, by keeping prices unchanged for some time after October, we were able to mitigate the subsequent decline in forward demand.」
It states that prices were kept unchanged for a certain period after manufacturers raised prices, mitigating the subsequent decline in forward demand. - FY2020-Q1RestatedAnnual report
「We continue to pursue comprehensive improvements and reforms in order to further implement EDLC (Everyday Low Cost), work to reduce selling expenses and other costs, and continue to achieve EDLP (Everyday Low Price).」
The company continues to lower costs and pursue improvements and reforms aimed at reducing selling expenses and achieving EDLP. - FY2019RestatedAnnual report
「In addition to active sales promotions to compete with rival stores, we will review regular prices and establish new price lines with the aim of achieving everyday low prices, enabling customers to shop with confidence every day, and work to increase new customers and retain repeat customers.」
The company continues to promote low prices and retain customers by reviewing regular prices and price lines. - FY2019-Q3RestatedAnnual report
「We continue to pursue comprehensive improvements and reforms in order to further implement EDLC (Everyday Low Cost), work to reduce selling expenses and other costs, and continue to achieve EDLP (Everyday Low Price).」
The company continues to reduce selling expenses through lower costs and pursue EDLP. No new numerical targets or deadlines have been provided. - FY2018RestatedAnnual report
「In addition to active sales promotions to compete with rival stores, we will review regular prices and establish new price lines with the aim of achieving everyday low prices, enabling customers to shop with confidence every day, and work to increase new customers and retain repeat customers.」
The company continues to promote low prices and retain customers by reviewing regular prices and price lines. - FY2018-Q3RestatedAnnual report
「Ahead of the National Tax Agency's New Transaction Standards, which prohibit the sale of alcoholic beverages at prices below total cost of sales and took effect on 1 June, stockpiling demand and speculative demand emerged. After the standards took effect, we were forced to raise the prices of some products, but this did not lead to a sharp reversal of speculative demand.」
It states that some products were repriced even after the new trading standards took effect, but this did not result in a significant pullback in forward demand. - FY2018-Q2Partial price increases due to regulatory complianceAnnual report
「Ahead of the National Tax Agency's New Transaction Standards, which prohibit the sale of alcoholic beverages at prices below total cost of sales and took effect on 1 June, stockpiling demand and speculative demand emerged. After the standards took effect, we were forced to raise the prices of some products, but this did not lead to a sharp reversal of speculative demand.」
The company states that it was forced to raise the prices of some products following the implementation of the New Transaction Standards. - FY2018-Q1AdvancedAnnual report
「We have changed operations so that inventory counts previously conducted after closing can be performed during business hours.」
As part of efforts to reduce costs through EDLC and EDLP, the company changed its operations so that inventory counts could be conducted during business hours. - FY2017RestatedAnnual report
「In addition to active sales promotions to compete with rival stores, we will review regular prices and establish new price lines with the aim of achieving everyday low prices, enabling customers to shop with confidence every day, and work to increase new customers and retain repeat customers.」
The company continues to promote low prices and retain customers by reviewing regular prices and price lines. - FY2016First statedAnnual report
「In addition to active sales promotions to compete with rival stores, we will review regular prices and establish new price lines with the aim of achieving everyday low prices, enabling customers to shop with confidence every day, and work to increase new customers and retain repeat customers.」
The company plans to review regular prices and price ranges to attract and retain new and repeat customers.