Japan's Governance: Kusuri No Aoki Holdings (3549): 2QFY5/2022 Financial Results Briefing
ESG121 Views, 19 Jan 2022 10:35
EXECUTIVE SUMMARY
- There was no supplementary explanation from financial perspectives regarding the details of plans to open new stores in each region, plans for supermarket M&As, or the amount of these investments.
- Aoki has yet to come up with effective pricing policies and sales promotion to boost SSSG. Its higher prices are leading to a decline in the frequency of store visits.
- Its goal of "providing customers with one-stop shopping" is based on the assumption that consumers will not "buy separately" at discount drugs and discount supermarkets.