MINISTOP CO., LTD.
Transcription
MINISTOP CO., LTD.
MINISTOP CO., LTD. ÆON Tower 6F 1-5-1 Nakase, Mihama-ku Chiba City, Chiba 261-8540 Tel: 043-212-6471 FAX: 043-212-6476 URL: http://www.ministop.co.jp/ ©2013 MINISTOP Co., Ltd. 01.25 President’ s Message Since its foundation in 1980, MINISTOP has established an original business format known as the “Combo-Store,” which integrates the conventional convenience store and in-store prepared fast food retailing models, creating stores rooted in local communities. In addition to their trademark convenience, our stores feature genuine kitchens where customers can enjoy delicious foods aroundthe-clock at the Eat-in corner. We are in the business of realizing a society full of beaming smiles with “deliciousness” and “convenience.” This mission is the basis of our vision to become No. 1 for convenience store customer satisfaction by the end of fiscal 2013. To this end, we are engaged in the branding of three mainstay categories of products: fresh coffee, original sweets, and handmade rice balls—value added products unique to MINISTOP. The past decade has witnessed a progressively aging society accompanied by increasing numbers of single-person households and two-income families in Japan. The lifestyle changes associated with these trends have formed the backdrop for major changes in convenience store usage by customers. Going forward, we will implement a full, broad product lineup that will enable customers to purchase products for daily needs just by going practically next door to a nearby MINISTOP. Crucial to providing such service will be the enhancement of product assortment and reasonable pricing in perishable items, frozen foods, fruits and vegetables, daily necessities, and other items sold under ÆON’s brand TOPVALU. Continuously evolving to meet diversifying customer needs is what makes a convenience store. MINISTOP will continue to innovate by taking on new challenges based on constant evaluation of changing customer needs. Creating stores that bond with customers and form an essential part of their daily lives connects directly to our mission of realizing a society full of beaming smiles with “deliciousness” and “convenience.” The Combo-Store business format welcomes the patronage of a broad customer range. I am convinced that now is the time when this format, MINISTOP’s greatest advantage, will demonstrate its superiority. Nobuyuki Abe President and Representative Director Mission of This mission expresses our duties. We realize a society full of beaming smiles with “deliciousness” and “convenience.” Vision of Our vision is to be No. 1. We aim to have the best stores and employees to ensure that our customers continue to choose us. Our vision is to become No. 1 for convenience store customer satisfaction by the end of fiscal 2013. To achieve this, we aim to become MINISTOP, the place for coffee MINISTOP, the place for sweets MINISTOP, the place for rice balls in people’s minds. “Appeals” MINISTOP’ s Three Support for Confident Store Operation The convenience store industry faces increasingly severe competition not only among the convenience chains, but also from other retail formats. That our customers continue to choose MINISTOP in this fierce environment is attributable to our three “appeals” of 1) the original Combo-Store* business format, 2) Support for Confident Store Operation that provides the backing for franchise store success, and 3) the ÆON Group Synergies. The Combo-Store Our support approach incorporates all aspects needed for owners to confidently operate their franchise stores, which are our business forefront. We established an original system to ÆON Group Synergies train store employees that makes them an indispensable part of creating a store favored by the community. ➡P.13 — As a member of the ÆON Group, Japan’s leading retail group, we benefit from a wide range of synergies. These include handling MINISTOP attracts customer support with its Combo-Store format, a unique business style that integrates convenience with in-store prepared fast food. To enhance Combo-Store appeal, we MINISTOP’s Three “Appeals”..............3 The Combo-Store................................5 Support for Confident Store Operation...............................13 ÆON Group Synergies......................24 Overview of ÆON..............................25 Corporate Data..................................27 Message from a Senior Owner..........29 Personal Information Protection Policy.............................30 are in the process of branding coffee, sweets, and rice balls. * “ Combo-Store” is a term coined by MINISTOP to express the business format obtained by integrating the convenience store and the fast food shop. ➡P.5 — 3 ÆON Group private brands and joint C O N T E N T S procurement of raw materials that facilitates development of cost-competitive products. ➡P.24 — 4 The Combo-Store, a unique business style of convenience store plus fast food. The Combo-Store—the integration of the convenience store with the fast food shop— distinguishes MINISTOP from other convenience store chains. This format goes Open case chiller beyond traditional convenience store products and services by providing original fast foods made in an in-store kitchen space. Moreover, the in-store “Eat-in corner” provides the further advantage letting customers to sit down and eat freshly prepared foods and purchased products at the store. Coffee server Displays boxed lunches, delicatessen, and dairy products Counter services Allows the adjustment of amount to suit customer preference Soft serve ice cream machine Eat-in corner Providing the following services: ◦Credit Card ◦YU-Pack (Transport service) ◦Payment service ◦Advance orders and sales at the shop ◦Electronic money Easy operation Kitchen space Various types available Bank ATM (automated teller machine) Copy service Uniquely designed for the Combo-Store Customers can immediately enjoy foods purchased on-site. FAX service The Combo-Store MINISTOP products, bringing a smile to every situation Convenience stores have become essential to daily living, At the Office and the needs of their customers are diversifying. They want something to eat right away, something to take back to the office, something more on their table in the evening. Our aim is to provide a product assortment that brings a smile to these customers’ faces. Assortments of such offerings as seasonal pasta dishes and boxed lunches for every budget bring a spontaneous bloom of smiles to the office lunch hour. We are bolstering our rice ball lineup of traditional hand-rolled rice balls with “Grownup’s Faithful Musubi Rice Balls” that contain select ingredients, handmade rice balls using rice cooked instore, and other attractive products. At the Eat-in Corner At Home Addressing modern lifestyle changes, we are enhancing our lineup of convenience products for use at home. We provide prepared dishes of the taste which can be enjoyed every day without tiring the palate, and of the size which The Eat-in corner, a MINISTOP innovation, is a place for can finished in one meal, as the ÆON Group’s private customers to enjoy food products bought at the store. brand, and also offer perishables, frozen foods, and other Products include G-DOG (grilled hot dogs) that is grilled products that contribute to customers daily lives. quickly in a special oven, fried potatoes, and other foods, delivering freshly-prepared taste. The Combo-Store Product development focused on differentiation Monde Selection Gold Quality Award 2012 1 2 3 To differentiate MINISTOP from other Vanilla Soft Serve Ice Cream Belgian Chocolate Soft Serve Ice Cream Belgian Chocolate and Vanilla Soft Serve Ice Cream convenience store chains, we are implementing a strategy of branding three “vision” categories: coffee, sweets, and rice balls. This approach will be instrumental to realizing our vision to be valued as No. 1 by 2 customers. 3 1 Monde Selection Grand Gold Quality Award 2012 Coffee 4 Belgian Chocolate Cream A drip coffee served in-store, M’s STYLE COFFEE We are enhancing our already large lineup in the sweets culminates from in-store food preparation expertise gained Iced coffee Soft-deco (Coffee with vanilla ice cream) Hot coffee 4 from extensive experience. We adjust our blends and HAPPYRICH series roasting to bring out the most flavor, using beans selected from a wide assortment for their suitability to hot or iced coffee. Customers can enjoy the advantages of a slow drip performed meticulously and immediate availability in Sweets category, where soft serve ice cream, a symbol of MINISTOP, holds a cherished place. Our product development of soft serve ice cream and of parfaits that follow seasonal trends is perfectly complemented by our HAPPYRICH SWEETS brand, a cup dessert displayed in open cases. A highly Parfaits regarded brand, its Belgian Chocolate Cream is the first whatever amounts desired with our self-service style. chilled convenience store dessert to receive the coveted 2012 Monde Selection Grand Gold Quality Award. What makes MINISTOP’ s coffee different What makes MINISTOP’ s sweets different ◎ Vanilla Soft Serve Ice Cream procured ◎ Specially prepared blends for hot and iced coffees only from Hokkaido, an area known ◎ U se of soft water that helps bring out coffee flavor for quality dairy products ◎ Parfaits using seasonal ingredients and fruit ◎ S pecial self-service coffee servers so that ◎ The delicious HAPPYRICH series presents customers don’t have to wait a beautiful appearance as well as great taste Halo-Halo The Combo-Store A product lineup that adds to the dinner table Handmade Rice Balls When the dinner table needs one more dish, customers can find it at MINISTOP. Our shelves are stocked with Grownup’ s Faithful Musubi Rice Balls value products unique to MINISTOP, such as a lineup of pre-made dishes offered by TOPVALU READY MeaL, a private foods brand brings together confidence, simple preparation, and flavor. In addition to strengthening the TOPVALU lineup, we meet the needs of seniors and housewives with an assortment of dishes prepared in-store and fresh foods. Hand-rolled Rice Balls Japanese Musubi Rice Balls Rice Balls Rice balls are representative products of convenience stores. As such, they face the What makes MINISTOP’ s rice balls different ◎ H andmade rice balls featuring the greatest competition among the product categories of convenience store chains. MINISTOP cooks rice at its in-store kitchen fresh flavor of rice cooked in-store ◎ H uge variety of hand-rolled rice balls and Japanese musubi and uses it to make handmade rice balls. By expanding our lineup with such products as hand-rolled rice balls and high grade rice balls rice balls ◎ O nly well-selected ingredients are used in all rice ball products containing select ingredients, we are making MINISTOP the place to go for rice balls. MINISTOP’ s unique handmade rice balls Insistence on rice cooked in-store and on handmade quality The key to providing fresh flavor is handling all preparations for handmade rice balls, starting with cooking rice in the store’s own kitchen space. Selective about rice Selective about fillings We use special select “Koshihikari” rice, Japanese domestic rice well suited to rice balls. To ensure that no taste is lost from the rice, we cook it only using soft water from which contaminants have been removed. Each rice ball is packed full of ingredients, delivering great taste to customers, bite after bite. Our aim is to provide flavor that can be enjoyed every day without tiring the palate. Home Deli Along with the launch of handmade rice balls, we are expanding the “Home Deli” stores in Tokyo metropolitan area and Kanagawa Prefecture stores that prepare fresh foods in-store. Home Deli products include handmade rice balls, single prepared dishes, prepared foods sold by measure, handmade boxed lunches, rice, and others. Prepared dishes are available chilled or at room temperature to match seasonal temperatures. Location, market sector, and day of the week are all taken into account when changing food lineups in order to create stores favored by people in the community. Prepared dishes processed in-store are highly appreciated by senior and female customers, and are a factor contributing to differentiation. Support for Confident Store Operation that leads to stores popular with the community MINISTOP aims for a mutually beneficial relationship with franchised (FC) store owners under a franchising system. We provide powerful support for franchised store management through such activities as thorough advance surveys, owner training, product development, service introduction, management advice, and accounting service. Our Satisfaction is Derived from the Satisfaction of Our FC Owners. The Fundamentals of Creating a Store Selected by Customers QSC + Merchandise Assortment In current times, a good merchandise assortment is not enough for a convenience store to win against the competition. We must provide superior We hope to share the satisfaction and joy of managing MINISTOP stores with every single franchised (FC) store owner. Toward a common goal, we will progress together to take the next step forward. MINISTOP’s purpose is to deliver original products and and putting it into practice—that is the role we play as we services that satisfy our customers through the convenience walk hand in hand with FC owners. MINISTOP values this store business. However, before reaching that point, partnership approach. We do not force our corporate logic we consider it a major precondition that FC owners feel on anyone, but hope instead to maintain a relationship in satisfied and happy managing MINISTOP. Giving serious which we share the same goals as our FC owners and work consideration to building a system for making that happen, together by giving our best to each other toward that goal. FC stores Role of the Franchised Store Co-existence and co-prosperity Role of Headquarters ◦Management advice by store adviser Store creation based on strict ◦Product development and service introduction principles (QSC and assortment) ◦Employee management Recruitment, training, and management of employees to the fundamentals of sustaining a store selected and supported by customers. This means being the best franchise not only in the givens of quality and merchandise assortment, but also in service and cleanliness. Quality Service In order to always provide our customers with safe and reassuring products, quality control to manage temperature, freshness, and production processes and hygiene control to manage hygiene of staff, facilities, and equipment is important. In order to provide the services that our customers expect, it is important to always focus on gratitude, courtesy, and remember that everything we do is for our customers. Cleanliness Merchandise Assortment Maintain a clean and tidy store so that our customers can always shop in comfort. Products that customers want should be assorted and available at the time and in the quantity they want, in an easy-to-buy condition. Headquarters ◦Store management implementation of four fundamental customer interaction and an easy atmosphere for shopping. We are committed ◦Sales promotion activities ◦Configuration of information systems ◦Accounting service ◦Support of employee training through Yellowtail program ◦Administration management ◦Implementation of various training courses Management of sales and expenses ◦Support systems such as mutual aid systems Support for Confident Store Operation Original Education Program We have an original and complete education program for owners, and also for store employees, whose support is crucial to success. Flow of Owner Training Store Employee Training Store Employee Education Program―Yellowtail Program Besides the required pre-opening training, we provide a full program of various training courses and educational Employee competitiveness, developed MINISTOP follows an original educational program to enable all opportunities after the store opens. through appropriate training programs, is employees to remain highly motivated in their work and steadily essential not only to enhancing the quality of improve their skills. We call it the Yellowtail Program (YP). customer interaction and service, but also to The yellowtail is a type of fish commonly associated with gradual enabling owners to devote themselves to success. We provide a system in which store staff can advance management without being weighed down their careers by learning the required skills in a step-by-step with daily operation. MINISTOP has the know- process and having their progress assessed. This system nurtures ◎ Operation Training how to back up owners concerning training of even part-time staff into an adequate workforce with abilities and a Step 1: Training center seminars (5 days) Step 2: 5-day training at a directly-managed training store and 1-day training at the training center all store employees, who support store sense of management. operations. Training classes with the support of headquarters are conducted Before Store Opening ◎ On-site Training (1 day) Before concluding the franchise contract, prospective FC owners attend a trial experience. in each locale for store employees above the level of S staff. ◎ Practice Training Step 3: Training at a Flagship Store, directly-managed store (19 days including holiday) Owners master basic operation at an actual shop Accreditation of Completion: Last Friday of Step 3 Post-opening Education ◎ Build up Seminar (2 days) Comment from an HQ staff member Kazunori Otsuka customers come back to stores by consistently responding to customer time from store-opening to present, ascertaining of current conditions, and future expectations. Fortunately, MINISTOP floor arrangement is provided and a strategy for the store’s sales floor is considered. ◎ Contract Renewal Seminar (3 days) This seminar can be attended from 12 months before contract renewal. Reflecting on the time of store opening, group work is implemented based on the results of self-analysis and multifaceted assessment. Based on these, issues program, called the Yellowtail Program, which gives employees in-depth A Staff Members who have achieved independence knowledge about store operations and B Staff otherwise raises awareness. Thanks to this New members program, store employees are motivated and willing to work to improve customer C Staff satisfaction. In fact, we have many employees who have finished this training program management vision announced. and are now active in stores. Clear cut Advancement Members undergoing training division of store responsibilities leads to functioning as an organization, enabling This is a valuable seminar open to all store employees. In addition to information about seasonal products and new fast food and other operations to be products, expertise regarding seasonal sales floor arrangement, methods of enhancing employee competitiveness, carried out with considerable efficiency. success stories collected from around the country, and other items of interest are presented. In addition, the The Yellowtail Program is a key strategic seminar supplies guidance for security measures and sanitary management and promotes a general awareness of factor in achieving this. MINISTOP’s environmental measures. S Staff Time slot manager has an original store employee education relating to what the owner should do are identified and a new seven year ◎ Exhibition of Merchandise and Selling Floor Arrangement: twice a year (spring & fall) Store Leader Store manager representative Employee training is critical to have This seminar is attended one-half to 2 years after store opening. Review of the issues are discussed. In addition, information on merchandise policy and sales Owner, Store Manager Operations Planning / QSC Team, Operations Planning Dept., Operations Div. YP badge YP manual Support for Confident Store Operation Headquarters Support for Increasing Repeat Customers Support by Store System To encourage repeat customers, MINISTOP maintains a website The store system has evolved into an advantage indispensable to that provides sales promotion information and coupons for registered members. convenience store management. Our fifth store system provides a variety of systems MINISTOP shopping news can also be found on the for satisfying diversifying needs: store operation streamlining, MINISTOP Facebook page and the MINISTOP blog. support for product assortment to suit the store location and customer type, support Social Media MINISTOP Mobile Website for Customer Savings MINISTOP has established a Facebook page and the Providing information about new MINISTOP blog for delivering information through social products and coupons media. redeemable at MINISTOP to registered mobile website members increases customer convenience, building a loyal for store QSC level enhancement, and provision of training videos. We will continue to develop systems that enhance store competitiveness. POS Register The speed of checkout operations is increased by employing such technologies as scanners and touch panels. Electronic money, credit cards, and other payment methods are supported. customer base of MINISTOP fans. mimip Joining WAON and Mobile Coupons The MINISTOP company name is derived from the idea MINISTOP has initiated WAON Coupon, a collaborative of a place “to drop in just for a moment.” From this service joining WAON, ÆON’s electronic money, and comes “quick break,” which “mimip,” our mascot mobile coupons. Customers enter their WAON card character, promotes through social media. In the number during mobile member registration. Customers future, the character will appear in the store to enhance can then use WAON to pay for products at the coupon communication with customers. price without presenting the coupon display. Customers who have registered with this collaborative service further benefit from special discount products mimip Profile available only to members, encouraging MINISTOP fans to repeatedly visit the store. Job: M INISTOP public relations Dream: To help everyone in the world take a quick break. Personality: I like to spend time relaxing. Special traits: I’m ready to sit down anytime. Note: N ot available at some MINISTOP satellite and RECODS stores. Handy Terminal (Receiving inspection terminal) The handy terminal is an easy-to-use, lightweight device for checking received goods and checking returns and freshness. In the event of a power outage, it even serves as a simple checkout register. Graphic Terminal The graphic terminal supports the management of the store’s unit control system by letting the user place orders, analyze sales, and look up information while referencing the selling floor. The result is a product assortment suited to customers’ needs. Store Controller The store controller is the store’s main computer, which integrates peripheral equipment, including the graphic terminal, handy terminal, and POS checkout, into a unified system. Its role is to support a broad range of store operations including product ordering, verification of delivery, sales analysis, business management analysis, attendance management, and information referencing. The touch panel display and simply configured keyboard facilitate easy use for both experienced personnel and novices. Hobbies: Taking a quick break. Label Printer Catchphrases: Q uick break for me-me, goodnight to me-me. The label printer allows printing labels for handmade rice balls, price POP (price tags), and others on the go in the store. Comment from an HQ staff member Store Systems Team, Systems Dept., Systems Support Div. Hiroyuki Nemoto We are constantly thinking about what issues occur on-site at stores and what can be done, in terms of systems, to remedy them. This is the basis of our development of systems for solving store issues. System development may sound difficult, but we share the same basic goals with the owner and the employees who work at the store, as well as the store advisor: the creation of a store that will please customers and determining how to expand sales. It is my job to do what I can to help in achieving these goals. My approach is to take into full account the opinions of those working at the store, and based on that, carry out prioritized system improvement. I receive tremendous motivation and enthusiasm from the praise of franchise store owners and from seeing the results of improved sales and operational improvements. Together with my superiors and co-workers who share this awareness, I intend to keep providing store support based on this philosophy. Support for Confident Store Operation Support from Store Advisors Process of Store Opening The store advisor’ s job is to join with the owner in making sales plans and Complete pre-opening support, including preliminary trial experience selling floor arrangement plans to create a franchised store that is popular and comprehensive owner training. among customers in the community. In their capacity as advisor to the owner, store advisors comprehend business conditions from financial statements and offer support for employee training and selling floor arrangement. Comment from an HQ staff member Daisuke Kikuchi Shinjuku-Chiyoda Area, East Tokyo Operations Dept., Operations Div. The mission of store advisors is, for the stores in their charge, to make proposals utilizing information from headquarters so that the stores can be rooted in the community and win the favor of customers. 1 Inquiries 6 Property recommendations 11 Owner training To request informational materials or to make an appointment for an explanatory meeting, we accept inquiries through our website or via our toll-free telephone line. Taking into consideration your own ideas, we propose a possible store plan based on our detailed examination of the location conditions and other factors. Owners must participate in training. For details, please refer to explanations provided in the Flow of Owner Training on page 16. 2 Guidance for management 7 Secondary interview We will provide an outline of the MINISTOP franchise system and the MINISTOP store. An interview will be conducted with the individual in charge of franchising and a final confirmation will be sought. Job interviews and staff hiring, staff training, preparations for store opening (settings, making working shifts and other), and registration with relevant authorities. 8 On-site training 13 Z Strategy Prospective owners will gain first-hand experience at an actual MINISTOP store before signing the contract (one day). Visit customers in the neighborhood door-todoor, prior to the store opening. 3 Discussion meeting Stores are now facing changes in business conditions at a rapid rate. I try to keep updated with the In responding to inquiries from interested parties, we also make certain inquiries regarding preferred locations, family situation (such as helpers), and personal preparations (including financial plans). situation by visiting stores during various time periods. I greet all employees working during my visit. One cannot build trust by overlooking basics like this. I feel great satisfaction when proposals based on my observations during store visits and information from headquarters are approved by owners and subsequently yield sales increases. Store advisors are all the more motivated for being able to share both the good and the bad with store owners. 4 Primary interview We will seek confirmation on any problems or questions that may have arisen in the course of the discussion meeting (including reconfirmation of prospective owners’ wish to open a FC store). Support by Logistics System MINISTOP employs an efficient logistics system by which products from wholesalers and manufacturers are gathered at Distribution Centers (DC) and then delivered to stores. 5 (FC reservation contract system) This is a system that provides preferential introduction to available properties. Products requiring temperature control are put in temperature controlled centers and 9 Explanation of the contract We provide explanations of our statutory disclosure documents, and we will read through the contract together with prospective owners so they can fully understand the contract. 12 Preparation for opening 14 Opening The successful completion of all preparations: a fully prepared store, in which the owner confidently greets customers with a smile. 10 Conclusion of the franchise contract Prospective owners will sign and stamp the contract and pay the joining fee within the following three days. We will follow this up with an explanation on preparations to be made leading up to the store opening. processed foods and general merchandise in room temperature centers, from which they are delivered to stores. Systems for Focusing Management Resources Headquarters MINISTOP provides many systems to ensure that FC owners can feel secure and focus on 3 times daily managing their business after opening. From accounting support services to mutual aid •Boxed lunches and rice balls •Chilled beverages •Desserts, Delicatessen Stores 2–5 times weekly Room temperature center •Alcohol and soft drinks •Confectionary •Processed foods and non-food 1–2 times daily provisions, we have a full array of structural support systems for our franchisees. Temperature controlled center Direct delivery service •Certain breads •Ice cream •Frozen foods •Newspapers and magazines DC Suppliers Accounting support ◦Bookkeeping and accounting ◦Preparation of income statements and balance sheets ◦Salary calculation for employees ◦Payments for purchasing ◦Inventory taking every quarter Mutual aid system MINISTOP will pay all condolence insurance fees in the case of death of FC owners or managers. ◦Condolence money system for FC owners ◦Condolence money system for managers ◦Accident survivor insurance system ◦Medical insurance system ◦Income guarantee system ◦Pension program ◦Injury insurance system ◦Comprehensive life medical insurance system ◦Cancer insurance system ◦Comprehensive life insurance Support for Confident Store Operation Franchise Package Assistance for Multiple Stores Management Choose from four different types of packages to suit your specific plans and circumstances. S Standard-type Owner manages the store SL Standard lease-type Owner manages the CL Creative lease-type Owner pays for the interior ML Master lease-type Owner manages the in a building and property store, which is rented by and exterior construction store, which is rented by owned or rented by the MINISTOP and sub-leased cost and manages the MINISTOP. owner. to the owner. store rented by MINISTOP. Specific requirements Owner intends to convert an existing retail store to MINISTOP, or to manage a MINISTOP store on his/her own property. Specific requirements Owner intends to manage the MINISTOP store and can put up the required capital funding. Specific requirements Main Support Systems Over 20 years old Building ▶ (Security deposit paid) Owner Building ▶ Owner (Rent) Interior/exterior ▶ construction cost Owner Building ▶ (Security deposit paid) MINISTOP Building ▶ MINISTOP (Rent) Interior/exterior ▶ construction cost Owner Building ▶ (Security deposit paid) MINISTOP Building ▶ MINISTOP (Rent) Interior/exterior ▶ construction cost MINISTOP Major equipment ▶ MINISTOP Major equipment ▶ MINISTOP Major equipment ▶ MINISTOP Royalty > > > 30% of gross profit on sales (monthly basis) 30% of gross profit on sales (monthly basis) Variable gross profit on sales (monthly basis) method (for 24-hour operations) (for 24-hour operations) Portion of ¥3.6 million and less: 36% Portion of more than ¥3.6 million: 58% Multiple Stores Management Incentive System MINISTOP facilitates multiple Ownership and cost burden > > > Major equipment ▶ MINISTOP training system for developing store managers. Owner intends to manage the MINISTOP store but cannot put up the required capital money. (This contract is limited to a married couple, or cohabitating parent/child or siblings.) two full-time store employees over 20 years old are required. Interior/exterior ▶ construction cost Owner enable store expansion in a short time, including an incentive system for managing three or more stores and a Specific requirements Owner intends to manage the MINISTOP store and can put up the costs of interior and exterior construction. There is no age limit for contractors. However, ▶ Owner MINISTOP actively promotes multiple stores management FC owners. We have support systems in place that Monthly FC Gross Income Guarantee System for Multiple Stores Owners (CL, ML) Age Requirements > > > Building We support stable management and business expansion by owners. Variable gross profit on sales (monthly basis) method stores management (%) 40 Multiple stores management holds numerous advantages, from the profitability aspects of 30 increased earnings and risk dispersion to 20 the operational aspects of encouraging the competitive spirit of individual stores and sharing ideas. Due to our solid incentive system and manager training assistance 10 0 ’05 ’06 ’07 ’08 programs, the number of owners managing Ratio of multiple stores multiple stores is increasing. Ratio of multiple stores owners ’09 ’10 ’11 Portion of ¥3.6 million and less: 36% Portion of more than ¥3.6 million and 4.5 million and less: 70% Portion of more than ¥4.5 million: 73% Advantages of MINISTOP Franchise Package Advantageous royalty for the FC store............... The royalty in S-type and SL-type contracts is 30% (for 24-hour operations) of gross profit on sales, reflecting MINISTOP’s desire to motivate FC owners. A short-term contract for seven years............... A short-term contract of just seven years provides flexibility for any potential change in circumstances after entering into the agreement. Upgrades from ML to CL / SL and from CL to SL are possible. Encouragement of contract upgrades and multiple stores management................................ Possibility of business expansion through operation of multiple stores. ◎Required joining fee will be ¥2,550,000 (¥1,500,000 for deposit and ¥1,050,000 for opening preparation expense), including tax. In addition to the above, you will be required to prepare an amount that covers living and transportation expenses for a two- to three-month period including pre-opening training and after the opening. Guarantee System Kanagawa Area, South-Kanto Store Development Dept., Store Development Div. Takuya Kitada The development manager’s job is to coordinate all phases related to opening a store, starting from making presentations to prospective convenience store managers to showing properties and concluding contracts. The opening of a store requires the cooperation of the training dept., the store construction dept., and other diverse departments. For this reason, the development manager must always appreciate the help of others, be open to the ideas of others, and be willing to adapt. Every time I attend a store opening, I feel moved because it is the culmination of everything we have done to make it happen. It is especially gratifying to hear owners say things such as “I’m glad I chose MINISTOP,” and “I’m so fortunate to have met you.” FC gross income guarantee In today’s rapidly changing society, the convenience store represents the most familiar retailer closely involved in daily life. We guarantee the amount of 21 million yen a year to the FC store as minimum FC gross income (for 24-hour operations). (The headquarters makes up the difference when the FC gross income does not reach the guaranteed amount in a given year.) of critical importance to create new demand through appealing products and services. In this respect, MINISTOP has many Net profit guarantee (Limited to the new store opening under ML-type and CL-type) strategic assets, among them product advantages as represented by our soft serve ice cream and training advantages For the month of opening and the following two months, the headquarters makes up the difference when FC’s net profit is less than ¥380,000 a month (calculated on a pro-rate basis during the month of opening). Monthly FC gross income guarantee (Limited to the new store opening under ML-type and CL-type) For eight months after the month that the net profit guarantee expires, we guarantee the FC store a monthly gross income of ¥1,800,000 excluding disposal, the maximum amount of such disposal is ¥400,000. This will expire when gross profit on sales exceeds ¥3,400,000 for two successive months after the net income guarantee expires. The 150 square meters we have is what grants us the agility to satisfy customer demand. At the same time, it has become from our Yellowtail Program. MINISTOP also embraces a corporate culture that prioritizes people. Caring about customers, employees, and the owner, we can utilize these strategic advantages to their maximum potential and together fulfill our hopes and dreams. ÆON Group Synergies: Support for Confident Store Operation we take full advantage of Japan’ s leading retail group. MINISTOP is a member of the ÆON Group, which holds a leading position in Japan’s retail Stores in Special Locations industry. Leveraging Group advantages yields a broad array of synergies, including unique private brands and cost reductions resulting from joint procurement. Breaking the confines of convention, MINISTOP is opening stores in novel locations. ÆON’ S Group Private Brand“TOPVALU” TOPVALU is an ÆON private brand that helps We are setting up stores in rest areas on high-speed expressways. The Eat-in corner will serve as a place to take a break from the fatigue of driving. A full selection of fresh bread and pastry products and a corner for local souvenirs will also be available. customers satisfy their basic daily needs. Providing value and savings for our customers is a given. These products also incorporate safety and consideration for the environment in the form of five special advantages. MINISTOP selects from the TOPVALU product lineup suited for placement on convenience store shelves. Pasar Makuhari Outbound Store ISM Kusu Service Area Outbound Store SHIN-TOMEI EXPRESSWAY: Surugawan-Numazu Service Area Inbound Store WAON We are locating stores in hospitals where they can assist in making the clinical environment a more comfortable place for both patients and healthcare workers. There are abundant cases of stores effectively using the confined spaces and parking lots of hospitals. ÆON’s WAON is electronic money that allows payment with a single touch, offering a pleasant shopping experience to customers. In addition to our point system, which awards shoppers based on their purchase amount, bonus points are added for products being promoted. We believe this will not only give customers a sense of bargain shopping, but also lead to customer retention. Kyushu Central Hospital Store Isesaki Municipal Hospital Store Japanese Red Cross Kyoto Daini Hospital Store RECODS RECODS. Co., Ltd. was established in 2010 along We are locating stores on university campuses where they can serve as a spot for students and educators to eat, relax, and talk. with two other ÆON Group companies. It is opening RECODS stores, a new type of store that integrates the specialization of the drug store and the benefits of a convenience store. After launch of the first store in October 2010, seventeen stores were in business by February 2012. Going forward under the slogan “FOR WELLNESS LIFE,” we will Aichi University Store Utsunomiya University Store Mie University Store conduct multiple stores expansion with the aim of becoming a community health care station. WAON card Overview of ÆON Major Group Companies In 1970, JUSCO Co., Ltd., was formed through a business tie-up of three local companies: Okadaya, Futagi, and Shiro. At that time, submissions were taken from all employees for a new company name, and Japan United Stores Company was chosen, with the abbreviation JUSCO becoming the official new company name. On August 21, 2001, JUSCO Co., Ltd., changed its company name to ÆON CO., LTD. On August 21, 2008, ÆON made the transition to a pure holding company structure with ÆON CO., LTD. as its core, and the retail business divisions of ÆON were spun off via business succession to ÆON Retail Co. Ltd. As of February 29, 2012, ÆON and its Group companies form a total of about 200 companies. As one way in which we constantly seek improvement, we hold tight to the “customer first” principle, and will continue to offer an abundance of services to our customers. Maxvalu Chubu Co., Ltd. The Maruetsu, Inc. Belc CO., LTD. Registered on the OTC market in 1994. SM chain based in Saitama and Gunma pref. Became an equity method affiliate company of ÆON in May 2009 at the general meeting of shareholders. ÆON Basic Principles ÆON Basic Principles Listed on TSE second section in 1993 (moved to first section in 1996). Convenience store chain combining CVS goods and fastfood services. 1. ÆON people are always grateful to the many other individuals who provide support and help, never forgetting to act with humility. 2. ÆON people value the trust of others more than anything else, always acting with integrity and sincerity in all situations. 3. Æ ON people actively seek out ways to exceed customer expectations. 4. Æ ON people continually challenge themselves to find new ways to accomplish the ÆON ideals. 5. Æ ON people support local community growth, acting as good corporate citizens in serving society. ÆON CO., LTD. Scope of business: Date established:September 1926 Listed on Nagoya Stock Exchange second section in 1988. Listed on TSE second section in 1996 (moved to first section in 1997). JapanÃs leading regional chain developing food and drug businesses in the Shizuoka and Kanto area. Pure holding company Website address: http://www.aeon.info/en/ TSURUHA HOLDINGS Inc. Registered on the OTC market in 1998. Listed on TSE second section in 2001 (moved to first section in 2002). Converted to a stock corporation in November 2005. A drugstore centered on Hokkaido pref. Group data No. of Shops: 12,211 (Describes the number of stores included overseas as of 2011 fiscal year end) Supermarkets 1,537 Super centers 29 Convenience stores 4,138 Home centers 124 Discount stores 105 Specialty stores 3,424 Finance 460 Services 1,384 Other sales products 419 Department stores 1 Consolidated Financial Highlights (As of February 29, 2012) Revenues Operating Income (Millions of yen) Ordinary Income (Millions of yen) (Millions of yen) 172,360 0 ’11 ’07 3,785,288 3,774,628 3,591,406 3,741,447 6000 ’08 ’09 4,048,937 126,030 130,198 130,193 3000 ’10 (Millions of yen) 182,080 166,326 156,040 124,373 Total Assets 212,260 195,690 5,167,366 5,230,786 5,054,394 5,096,569 5,206,132 ’09 KASUMI CO., LTD. Listed on TSE second section in 1982 (moved to first section in 1984). SM chain based in the Northern Kanto area centered on Ibaraki pref. Maxvalu Tokai Co., Ltd. Taka:Q Co., Ltd. Listed on TSE second section in 2004. SM chain based in Chubu and Western Kanto area centered on Shizuoka pref. Maxvalu Hokkaido Co., Ltd. Registered on the OTC market in 1995. Leading SM chain based in Hokkaido area. Maxvalu Kyushu Co., Ltd. Listed on Osaka Securities Exchange JASDAQ market in 2012. SM chain based in Kyushu area. COX CO., LTD. SUNDAY CO., LTD. Registered on the OTC market in 1990. A casual fashion chain. Registered on the OTC market in 1995. Home center chain in the Tohoku region centered on Aomori pref. Registered on the OTC market in 1984. Listed in TSE second section in 1986 (moved to first section in 1989). A specialty store chain with the planning and retail sales of men's apparel as its primary business. ÆON Co. (M) Bhd. Company headquarters:1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba 261-8515 ¥199 billion ’08 Listed on TSE second section in 1978 (moved to first section in 1984). SM chain centered in the Tama area of western Tokyo with the Kanto region as its base. KUSURI NO AOKI CO., LTD. (As of February 29, 2012) ’07 Inageya Co., Ltd. Listed simultaneously on Tokyo, Osaka, and Nagoya Exchange second sections in 1974 (listing moved to first section of each exchange in 1976). Made the transition to a pure holding company structure in August 2008. Corporate Profile General merchandise stores 590 Listed on TSE second section in 2000. SM chain based in Tohoku area. ÆON KYUSHU CO., LTD. Registered on the OTC market in 2000. Leading general retailer based in Kyushu area. GFOOT CO., LTD. Listed on Nagoya Stock Exchange in 2000. Integration of NUSTEP Co., Ltd., with TURUYA SHOE STORE CO., LTD. A chain of foot wear specialist shops that focuses on style starting from the ground up. ÆON CO., LTD. CFS Corporation No. of Shops Listed on Osaka Securities Exchange second section in 1997. SM chain based in Western Japan. ÆON Hokkaido Corporation Registered on the OTC market in 1996. Simultaneously listed on TSE second section and Sapporo Securities Exchange in 1998 (moved to TSE first section in 2000). General retailer based in Hokkaido area. ÆON Code of Conduct— The Customer Capital: Maxvalu Nishinihon Co., Ltd. Maxvalu Tohoku Co., Ltd. MINISTOP CO., LTD. The customers’ beliefs and desires comprise the central core of our philosophy. At ÆON, our eternal mission as a corporate group is to benefit our customers, and our operations are thus customer-focused to the highest degree. Name: Listed on TSE second section in 1977 (moved to first section in 1984). SM chain based in Kanto area. Listed on Nagoya Stock Exchange second section in 1987. SM chain based in Chubu area. ’10 ’11 9000 ’07 ’08 ’09 ’10 12000 ’11 ’07 ’08 ’09 15000 ’10 ’11 l Pure holding company *ÆON CO., LTD. lG eneral Merchandise Store (GMS) Business ÆON Retail Co., Ltd. *ÆON Hokkaido Corporation *SUNDAY CO., LTD. *ÆON KYUSHU CO., LTD. ÆON RYUKYU CO., LTD. Joy Co., Ltd. Bon Belta Co., Ltd. TOPVALU COLLECTION CO., LTD. l Supermarket (SM) Business *Maxvalu Chubu Co., Ltd. *Maxvalu Nishinihon Co., Ltd. *Maxvalu Tohoku Co., Ltd. *Maxvalu Tokai Co., Ltd. *Maxvalu Hokkaido Co., Ltd. *Maxvalu Kyushu Co., Ltd. *The Maruetsu, Inc. *Inageya Co., Ltd. *KASUMI CO., LTD. *Belc CO., LTD. ÆON KIMISAWA CO., LTD. KOHYO CO., LTD. Listed on TSE second section in 2006 (moved to first section in 2011). A drugstore chain based in four prefectures in the Hokuriku and Joetsu regions centered on Ishikawa pref. GROWELL HOLDINGS CO., LTD. Listed on TSE second section in 2008. Joint holding company through stock transfer of Takada Pharmacy Co., Ltd., and WELCIA KANTO Co., Ltd. Medical Ikkou Co., Ltd. Listed on the JASDAQ market in 2004. Pharmacy chain in the Chubu and Kinki areas centered on Mie pref. ÆON Fantasy Co., Ltd. ÆON CREDIT SERVICE CO., LTD. Listed on TSE second section in 1996 (moved to first section in 1998). Financial services firm with more than 27 million members. ÆON Mall Co., Ltd. Listed on TSE first section in 2002. A specialized SC developer of multi-purpose commercial complexes. Registered on the OTC market in 2002. Listed on TSE second section in 2003 (moved to first section in 2005). An in-door amusement facilities operator based within shopping centers. Listed on main board of Kuala Lumpur Exchange in 1996. A leading general retailer in Malaysia. ÆON Stores (Hong Kong) Co., Ltd. Listed on Hong Kong Exchange in 1994. A leading general retailer in the Hong Kong district. ÆON CREDIT SERVICE (ASIA) CO., LTD. Listed on Hong Kong Exchange in 1995. Local subsidiary of ÆON CREDIT SERVICE. ÆON THANA SINSAP (THAILAND) PLC. Listed on Thailand Exchange in 2001. Local subsidiary of ÆON CREDIT SERVICE. ÆON CREDIT SERVICE (M) BERHAD Listed on Malaysia Exchange in 2007. Local subsidiary of ÆON CREDIT SERVICE. SANYO MARUNAKA CO., LTD. MAXVALU KANTO CO., LTD. MAXVALU KITA TOHOKU CO., LTD. MAXVALU CHUKYO CO., LTD. MAXVALU NAGANO CO., LTD. MAXVALU HOKURIKU CO., LTD. MAXVALU MINAMI TOHOKU CO., LTD. marunaka CO., LTD. l Discount Store (DS) Business ÆON SUPERCENTER Co., Ltd. ÆON BIG CO., LTD. l Strategic Small Size Store Business *MINISTOP CO., LTD. ORIGIN TOSHU CO., LTD. My Basket CO., LTD. RECODS. Co., Ltd. l Drugstore & Pharmacy Business *CFS Corporation *TSURUHA HOLDINGS Inc. *KUSURI NO AOKI CO., LTD. *GROWELL HOLDINGS CO., LTD. *Medical Ikkou Co., Ltd. Cosmeme Co., Ltd. TAKIYA Co., Ltd. Welpark Co., Ltd. ZWEI CO., LTD. ÆON DELIGHT CO., LTD. Listed on Osaka Securities Exchange second section in 1995. Listed on TSE second section in 1999 (moved to first section in 2000). An enterprise with national reach providing comprehensive maintenance services including facilities management, security and cleaning services. Shimizu Drug Co., Ltd. l Financial Service Business *ÆON CREDIT SERVICE CO., LTD. *ÆON CREDIT SERVICE (ASIA) CO., LTD. *ÆON THANA SINSAP (THAILAND) PLC. *ÆON CREDIT SERVICE (M) BERHAD ÆON BANK, LTD. ÆON INSURANCE SERVICE CO., LTD. l Shopping Center Development Business *ÆON Mall Co., Ltd. ÆON TOWN Co., Ltd. l Service Business *ÆON DELIGHT CO., LTD. *ÆON Fantasy Co., Ltd. *ZWEI CO., LTD. ÆON Eaheart Co., LTD. ÆON CINEMAS CO., LTD. KAJITAKU Co., Ltd. JUSVEL CO., LTD. Reform Studio Co., Ltd. Warner Mycal Corporation l Specialty Store Business *GFOOT CO., LTD. *COX CO., LTD. *Taka:Q Co., Ltd. Listed on the JASDAQ market in 2004. Match-making service that creates happy marriage opportunities. Listed on TSE second section in 2007. Abilities JUSCO CO., Ltd. ÆON FOREST CO., LTD. ÆON PET CO., LTD. ÆON BODY Co., Ltd. Claire’s Nippon Co., Ltd. Talbots Japan Co., Ltd. Branshes Co., Ltd. MIRAIYA SHOTEN CO., LTD. Mega Sports Co., Ltd. MEGA PETRO Co., Ltd. LAURA ASHLEY JAPAN CO., LTD. AT Japan Co., Ltd. l E-commerce Business ÆON VISTY CO., LTD Digital Direct Corporation l ASEAN Business * ÆON Co. (M) Bhd. ÆON (Thailand) CO., LTD. ÆON VIETNAM CO., LTD. l China Business ÆON (CHINA) CO., LTD. * ÆON Stores (Hong Kong) Co., Ltd. ÆON South China Co., Ltd. Beijing AEON Co., Ltd. Guangdong JUSCO Teem Stores Co., Ltd. YAMAYA CORPORATION Registered on the OTC market in 1994. Listed on TSE second section in 2002 (moved to first section in 2004). A leading liquor store. Qingdao AEON Dongtai Co., Ltd. erchandise Procurement and lM Food Processing Operations *YAMAYA CORPORATION AIC Inc. ÆON Integrated Business Service Co., Ltd. ÆON AGRI CREATE Co., Ltd. ÆON GLOBAL SCM CO., LTD. ÆON GLOBAL MERCHANDISING CO., LTD. ÆON TOPVALU CO., LTD. ÆON FOOD SUPPLY Co., Ltd. ÆON Bakery Co., Ltd. ÆON MARKETING CO., LTD. Cordon Vert CO., LTD. Research Institute For Quality Living Co., Ltd. Tasmania Feedlot Pty. Ltd. *enterprises offering public stock •ÆON 1% Club •ÆON Environmental Foundation •The Cultural Foundation of Okada (As of March 2012) Corporate Data Corporate Profile Corporate Timeline (As of February 29, 2012) Store Expansion (As of February 29, 2012) Name: MINISTOP CO., LTD. Date established: May 21, 1980 Capital: ¥7,491,533,000 No. of stores: 4,177 (including area FCs) No. of employees: 864 Company registered address 1-1 Kanda-nishikicho, Chiyoda-ku, Tokyo 101-0054 Headquarters 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba 261-8540 Offices Makuhari Office NTT Makuhari Building 18F 1-6 Nakase, Mihama-ku, Chiba-shi, Chiba 261-0023 Tokai District Office Nagoya Daiwa Building, 3rd floor 16-16 Tsubaki-cho, Nakamura-ku, Nagoya-shi, Aichi 453-0015 Tohoku District Office 90-2 Higashinanabancho, Miyagino-ku, Sendai-shi, Miyagi 983-0854 Kinki District Office Azuchi-cho Building, 2nd floor 3-4-10 Azuchi-cho, Chuo-ku, Osaka-shi, Osaka 541-0052 Kyushu District Office 2-1-70 Enokida, Hakata-ku, Fukuoka-shi, Fukuoka 812-0004 Business Description Develops the convenience store MINISTOP as ÆON’s strategic small size store business. Signs a franchise contract with people who want to manage a MINISTOP store and provides product information and management know-how. MINISTOP sells fast food, processed food, perishable items, household goods, miscellaneous goods, and so on, as well as providing services such as utility bill collection. Website address: http://www.ministop.co.jp/ May 1980MINISTOP was established as a wholly-owned subsidiary of Jusco Co., Ltd. Initially capitalized at ¥30,000,000. Jul. 1980 MINISTOP Okurayama in Yokohama is the first store to open its doors. MINISTOP KOREA CO., LTD. Bar code order books and online ordering from mainframe computers was introduced from this very first opening. Korea ................... 1,713 Apr. 1981 Held first public bidding for franchises in the Tokyo metropolitan area. Nov. 1982 Store development begins in the Tokai area. Mar. 1986 Set up MINISTOP Maintenance Center. Feb. 1987Completed installation of first-generation POS system in all stores. Shifted over to EOB terminals and a display screen-based order placement system. Total ........................ 42 Feb. 1990 Started collection service for public utility fees. G7-MINISTOP SERVICE & TRADING JOINT STOCK COMPANY Jun. 1990Sealed convenience store business-related Technical License Agreement with Miwon Trading & Shipping Co., Ltd. (currently MINISTOP KOREA CO., LTD.) of South Korea. (First store opened in November.) Jul. 1993Listed on the second section of the Tokyo Stock Exchange. Increased capital to ¥4,157,533,000. Feb. 1994 Store network reached 500 stores. Aug.1995Sealed MINISTOP area franchise agreement for the northern Tohoku district with Nakano Business Group based in Hachinohe City, Aomori Prefecture. Aug.1996 Listing moved to the first section of the Tokyo Stock Exchange. Gunma .................... 43 Saitama................ 159 ■ Overseas Stores ■ Stores in Japan Gifu........................ 101 Fukui ........................ 11 Sealed Country Franchise Agreement with Gokongwei Group of the Philippines. Sep.2001 Introduced the industry’s first real-time integrated transport and delivery control system. 3,514 Dec.2001 Revised package for master franchise contract. 3,816 3,082 Mar. 2003 Merged MINISTOP Kinki Co., Ltd. Jun. 2003Turned Daesang Distribution & Services Co. Ltd. (currently MINISTOP KOREA CO., LTD.) of South Korea into a consolidated subsidiary. Sep.2003 Introduced Soft Serve Ice Cream Meister system. 1,493 1,331 1,187 Shizuoka .............. 140 4,177 Aichi...................... 211 Mie ........................... 93 3,270 May 2002 Decided to donate 1% of soft serve ice cream sales to Circle of Flowers program. 1,774 Shiga ...........................6 2,072 Kyoto ....................... 38 Osaka...................... 83 Hyogo...................... 41 Feb. 2004 Store network reached 1,500 stores. Mar. 2004 Launched new CL-type FC package. Undertook MINI Day campaign in a realization of MINISTOP 21 proposal. 2,021 1,939 1,895 2,042 2,105 ’07 ’08 ’09 ’10 ’11 Debuted in Tokushima Prefecture Expanded nationwide into 1 metropolitan area, 2 urban prefectures and 23 prefectures. Director, Managing Executive Officer Akihiro Fujimoto Mar. 2008Debut of ÆON’s electronic money “WAON.” Completion of food recycle system. Director, Executive Officer Satoshi Ozeki Oct. 2008Ueno Imperial Park cleaning activity reaches 200th time. Corporate Auditor Nobuo Tonogai Corporate Auditor Hiroyuki Hamasaki Mar. 2009Presented with a letter of appreciation from the Minister of Agriculture, Forestry and Fisheries for the kidukai campaign. Corporate Auditor Shozo Matsunaga Dec.2009Opened the first receiving FSC certification store for a domestic business facility. Domestic stores increased to 2,000. Corporate Auditor Takahisa Yamakawa Apr. 2010 Set up “Otokuna keitai site” to promote sales by using cell phones. Dec.2006Received certification for Privacy Mark. Jan. 2009Installed LED illuminated signs at stores in Kyoto City. Executive Officer Hisashi Asano Executive Officer Morihiko Konishi Sep.2010 Amalgamated with MS Kyushu. Executive Officer Hiroshi Yahata Shigeru Moriyama Nara ......................... 11 Tokyo ..................... 3 Tokushima ............. 13 Kanagawa ............. 5 Kagawa................... 34 Kyoto ...................... 1 Ehime..........................7 Osaka ..................... 2 Fukuoka............... 122 Hyogo..................... 5 Saga ......................... 20 Nara ........................ 1 Oita .............................2 Total .....................17 Total ..................2,046 Non-consolidated Financial Highlights (As of February 29, 2012) Sales (Including FC stores) 355,525 282,240 302,911 300,442 Ordinary Income (Millions of yen) 8,345 322,043 7,432 7,152 Net Assets / Total Assets (Millions of yen) (Millions of yen) May 2009 MINISTOP Satellite store, combined Drags stores opened as the first store of its own. Aug.2010Established a joint-venture company between MINISTOP, CFS Corporation, and Takiya Co. Ltd., called RECODS (first store opened in October). Yasuhiro Uchigasaki RECODS. Co., Ltd. Sep.2006Began the national expansion for “Go yen no kizukai,” disposable chopsticks made from domestic timber. May 2007First store in Ehime Prefecture; raised store presence to 24 prefectures. Including area franchises, store count reaches 3,000. Executive Officer Tokyo ................... 299 Mar. 2000Established MMH-EC Service Inc. as joint venture with Mitsubishi Corp. and Hitachi Transport System Ltd. Akihiko Maeda Takeharu Takahashi Chiba .................... 193 Kanagawa ........... 140 Director, Managing Executive Officer Executive Officer Tochigi .................... 32 Number of Stores Shigeru Tanaka Junichi Furukawa Ibaraki ..................... 95 Store network reached 1,000 stores. Mar. 1998Installed dual soft serve ice cream server, paving way for sales of flavors other than vanilla. Director, Managing Executive Officer Executive Officer Fukushima ............. 57 Philippines ...........327 Jan. 1996Sealed MINISTOP area franchise agreement with Lumax Co., Ltd. of Nagasaki, Nagasaki Prefecture Jun. 2005 Began handling Japan Post’s Yu-Pack. Executive Officer Miyagi...................... 95 ROBINSONS CONVENIENCE STORES, INC. Sep.1994 Increased capital to ¥7,491,533,000. Feb. 2005Began accepting online applications for Child Internship Program—an educational working experience for elementary school and junior high school students. President and Representative Director Nobuyuki Abe MINISTOP Co., Ltd. Vietnam ......................2 Dec. 1991 Set up the MINISTOP Green Environment Promotion Club. Cleaning activities at Ueno Onshi Park (Taito-ku, Tokyo) entered its 15th year. Hiroshi Yokoo Iwate...........................5 Apr. 1988Set up Network Service Inc., a wholly-owned subsidiary devoted to the task of strengthening the Company’s physical distribution business. Aug.2004 Absorbed Shikoku MS Networks Co., Ltd. Chairman Aomori .................... 37 China ......................... 30 Apr. 2004 Turned JR Shikoku MS Networks Co., Ltd. into a consolidated subsidiary. Board of Directors N.B.G. MS Network Co., Ltd. Qingdao MINISTOP Co., Ltd May 1985 Store network reached 100 stores. 7,844 99,379 97,215 (Millions of yen) 96,176 (%) 53,703 53,619 54,012 56,360 57,886 92,447 85,161 63.1 Feb. 2011Started the development of environmentally friendly stores that purchase solar power systems, straight tube LED lamps, and energy management systems, while using 100% International FSC certified materials. Shareholders’ Equity Ratio 3,990 60.9 53.9 55.5 ’08 ’09 60.1 Sealed Area Franchise Agreement with G7-MINISTOP Service & Trading JSC of Vietnam. Concluded area franchise agreement with G7 MINISTOP Service & Trading Joint Stock Company of the Socialist Republic of Vietnam (first store opened in December). Sep.2011 Stores in Japan and overseas number 4,000. May 2012 Number of overseas stores exceeds that of stores in Japan. ’07 ’08 ’09 ’10 ’11 ’07 ’08 ’09 ’10 ’11 ’07 ’08 ’09 ’10 ’11 ’07 ’10 ’11 Messages from Senior Owners Owner of Shizuoka Shimogawara Store (Suruga-ku, Shizuoka-shi, Shizuoka Prefecture) and four other stores Kotaro Goto, CEO AK Shizuoka Co., Ltd. Multiple Stores Management Promotes Competition as an Organization Twelve years have passed since I became a MINISTOP store owner. My reason for choosing MINISTOP at that time was the Combo-Store business format. Even now, I don’t feel that MINISTOP has changed. It remains committed to leading the industry through such initiatives as M’s STYLE COFFEE and handmade rice balls. Another major reason I selected a MINISTOP franchise was the ease of managing multiple stores. Managing one store means being a shopkeeper who operates the store by working hard during their shift. Managing multiple stores is essential to effectively utilizing human resources to compete as an organization. Achieving Initial Goal of Operating Five Stores When I opened my first store, I set a goal of running five stores to show my determination. I have now achieved this. A system was put in place that allows store operation without either the manager or I having to work shifts, so I can devote myself solely to business management. It is important for me to visit each store daily. Owners and managers inevitably see things from different perspectives. If product ordering is left completely to employees, there is always a tendency to avoid excessive waste. Daily visits to each store let me direct proper ordering. They also lead to increased motivation at the store. Singling Out Employee Good Points When training personnel, it is important to differentiate between entrusting them to do something and simply leaving them alone. Employees can be made to understand their contribution to their store by carefully watching them work, singling out their good points, and then telling them what they are, giving rise to a sense of community within the store. Going forward, while correcting differences in store level, I intend to work towards creating a foundation for further expansion. Shizuoka Shimogawara Store employees, working together to build a productive store. Owner of Kamisu Shitte-chuo Store (Kamisu-shi, Ibaraki Prefecture) and another store Koichiro Natsui, Owner Personal Information Protection Policy Basic Policy Under our principle of “placing the customer at the starting point in pursuing peace, respecting human dignity and contributing to the community,” we are aware of the importance of information capable of identifying individuals (hereafter “personal information”). Through secure management of personal information, the Company protects the rights and interests of individuals. Measures for personal information protection In order to fully carry out the basic policy for personal information protection, the company enforces the following measures: 1. All executives and employees are required to comply with the guidelines established by the government, laws and regulations concerning personal information. 2. Establish and enforce internal regulations and operational rules concerning personal information. 3. We have established safety measures so that such issues as unauthorized access, loss, falsification, leaks, and corruption of data do not occur and strive to prevent and correct these issues. 4. Appoint a person responsible for personal information management to accept responsibility and authority in attending to practices and operations concerning personal information protection, and engage in the strict supervision of personal information. 5. Appoint a person responsible for auditing personal information and have audits concerning personal information performed. 6. Using the results of these audits, we are continually improving operating procedures and internal regulations. 7. Require cooperation regarding personal information protection from MINISTOP FC stores, each of the area FC companies, business partners, and other associated entities. 8. This policy will be maintained, by publication on the Company website and in the corporate profile, in a manner where it is always available for review. Treatment of personal information 1. At the time of acquisition of personal information, expressly state the purpose of acquisition and clearly identify the contact person. Acquire personal information only within the scope to which it is necessary to operate our business. 2. Make use of the acquired personal information within the scope of the purpose for which it was acquired, with appropriate oversight. 3. Make quick and sincere responses to complaints and requests for consultation regarding personal information. 4. We will respond to any requests for disclosure, correction, deletion, or service cancellation in a reasonable amount of time and in an appropriate manner. Established November 2, 2004 Revised May 21, 2008 The Deciding Factor: a System that Allows Going Independent At the age of 35, twelve years after entering the transport industry, I realized that if I was going to go independent, it had to be now. Ever since I had helped out at a convenience store run by my relatives, I had always thought it was an interesting business, so I started attending the presentations of various franchise chains, including MINISTOP. The deciding factor in going with MINISTOP was the intern system. This system allowed me to go independent without having to draw on the help of my spouse. The Vision: Highest Ranking in Customer Interactions Since launching my store in January 2010, I have stayed faithful to my vision of achieving the highest level of satisfaction in customer interactions, and worked towards creating a store that leaves a smile on customer faces. The success of store operation depends on the employees and on whether they are as motivated as someone who believes the store is their own. In the first year, knowing I would have to be patient, I kept telling the importance 29 of customer interaction to the employees. Thanks to campaigns, efforts began to yield results, and the overall store atmosphere changed. With regard to M’s STYLE COFFEE sales, employees actively suggested coffee to customers, and moreover they set their own goals as a team. Under the direction of the leader of employees in charge of managing rice balls, product waste was decreased, which contributed to store profitability. MINISTOP, a Rewarding Career At present, I manage two stores, but I hope to manage at least one or two more. MINISTOP operation is no easy task, as in addition to existing fast foods items, MINISTOP has increased its product lineup by adding such items as M’s STYLE COFFEE and rice balls. Yet despite this, the challenges and rewards make me glad I chose MINISTOP. Owner Koichiro Natsui communicates with employees until satisfied of their understanding. Revised November 14, 2008 Revised February 18, 2011 Nobuyuki Abe President and Representative Director MINISTOP CO., LTD. Enquiry reception: Enquiries regarding our personal information protection policy are received by the Company’s customer service center. TEL: 0120-865-132 (toll free) Hours of Operation: 9:00am to 5:30pm, closed Sundays. 30