Management Plan
The 8th Mid-Term Management Plan（April 1, 2022 – March 31, 2025）
The 8th Mid-Term Management Plan Slogan
“Structural Reform 2024”
Structural Reform 2024: Creating New Services and Value
Through structural reform and business transformation, proactive investment in business and IT infrastructure to achieve growth, building a solid business foundation, creating new services and value, and establishing a competitive advantage, we aim to become the leading comprehensive wholesaler of food products. We see these three years as crucial for achieving sustainable growth by addressing our customers’ needs and challenges, as well as tackling social issues through our core business.
The 8th Mid-Term Management Plan
Basic Management Policies
The 8th Mid-Term Management Plan
Basic Management Policies/Priority Measures
-
Basic Management Policies Priority Measures Building Growth and Competitive Advantage
- ●Expansion of existing business areas (expand in-store market share, strengthen logistics business)
- ●Monetization of new businesses areas (promote information wholesaling and e-commerce businesses)
- ●Differentiation and establishment of competitive advantage (strengthen product development capabilities, implement category and digital marketing strategies, and build platforms)
- ●Business model reform
Create new business models to accommodate a shift to seamless integration (homemade, readymade, and dining out), implement strategies for growth of the fresh food business, expand food delivery, meal delivery, and nursing care businesses
Profit Structure Reform
- ●Promotion of DX (improvement of business processes by utilizing data, development of data infrastructure, HR training for data utilization, attainment of DX accreditation)
- ●Building optimal logistics (optimize overall logistics through efficient base development, promotion of labor and material saving in material handling, and mutual use of CVS logistics business and wholesale logistics)
- ●Management streamlining and cost reduction (strengthening of revenue and expenditure management, thorough control of expenses)
- ●More robust revenue base (establishment of new logistics system and investment in logistics-related facilities)
Management Foundational Reform
- ●Human resources and culture reform (build the strongest human resource base)
- ●Higher level of business management (strengthen governance, enhance front-line management, develop risk management system, improve compliance awareness and know-how)
- ●Promotion of SDGs initiatives (food loss prevention, CO2 reduction, food safety and secure practices, social contribution)
- ●Strengthen public relations and IR activities (promote public relations activities that contribute to the enhancement of corporate value)
