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Gokurakuyu Holdings (2340) · TargetAdvancedLatest Earnings presentation (2026-11-13): "Restated"

Establishment of a 60-store network in Japan

First written in FY2016. 8 of 24 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-11-13.

24entries
11years
8from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018AdvancedFY2020-Q1 – FY2020-Q2AdvancedFY2025-H1 – FY2026-H12016: 320162017: 120172018: 220182019: 220192020: 020202021: 020212022: 220222023: 120232024: 220242025: 220252026: 92026
Same theme, other companies
Establishing a 400-Store NetworkA theme 11 companies write about · 1 as a headwind · 11 as a tailwind

The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.

0 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The Group's results were higher in both revenue and profit than in the previous consolidated fiscal year, exceeding the record results achieved in the previous fiscal year, which had marked the highest profit since listing, and setting a new record high. For future new stores, we plan to open RAKU SPA Adachi-Kohoku (tentative name) as a company-operated store around spring 2027 at a prime location along Tokyo's Kan-nana-dori and the Nippori-Toneri Liner in Adachi, Tokyo.」

    Toward a 60-store network in Japan, based on the opening of the Musashi-Koganei store on 5 December 2025, the company has presented a plan to open RAKU SPA Adachi-Kohoku as its next company-operated store around spring 2027.
  2. FY2026-H1AdvancedAnnual report

    「For new stores, we plan to open RAKU SPA Station Musashi-Koganei in Koganei, Tokyo, as a company-operated store beneath the elevated tracks in front of JR Musashi-Koganei Station on 5 December 2025. Around December 2026, we also plan to open RAKU SPA Adachi-Kohoku (tentative name) as a company-operated store at a prime location along Tokyo's Kan-nana-dori and the Nippori-Toneri Liner in Adachi, Tokyo. We will continue to actively pursue new store openings to expand sales.」

    Toward a 60-store network in Japan, the company has specified new company-operated store plans: the Musashi-Koganei store in December 2025 and the Adachi-Kohoku store around December 2026.
  3. FY2025AdvancedAnnual report

    「In December 2025, we plan to open RAKU SPA Musashi-Koganei (tentative name) in Koganei, Tokyo, as a company-operated store beneath the elevated tracks in front of JR Musashi-Koganei Station. We will continue to actively pursue various initiatives to expand sales.」

    The company continues its store-opening policy toward a 60-store network in Japan and has newly specified plans to open RAKU SPA Musashi-Koganei as a company-operated store in December 2025. It opened RAKU SPA BAY Yokohama and RAKU SPA Station Fuchu in December 2024 and Gokurakuyu Royal Kawaguchi in March 2025.
  4. FY2025-H1AdvancedAnnual report

    「In the second half of the fiscal year, we plan to open 2 company-operated stores by December: RAKU SPA BAY Yokohama in Yokohama, Kanagawa Prefecture, and RAKU SPA Station Fuchu in Fuchu, Tokyo.」

    Toward a 60-store network in Japan, the company presented a specific plan to open 2 company-operated stores in Yokohama and Fuchu by December.
  5. FY2024RestatedAnnual report

    「We will continue developing stores with a focus on opening company-operated locations in order to establish a 60-store network. At the same time, we will place even greater emphasis on strengthening the collection of information on candidate sites to secure locations and examining opening conditions to further improve investment efficiency.」

    The company reiterates the target of a 60-store network in Japan, its focus on company-operated stores, collection of information on candidate sites, and examination of opening conditions. No change to the deadline or record of achievement is indicated.
  6. FY2023RestatedAnnual report

    「In Japan, toward establishing a 60-store network, we will work on developing new store models in addition to repairing and maintaining existing stores.」

    While maintaining the target of a 60-store network in Japan, the company identifies maintenance of existing stores and development of new store models as the means to achieve it.
  7. FY2023-Q1SoftenedAnnual report

    「We will review, scale back, or implement cautiously new investments, defined as investments aimed at creating added value through new businesses, new store openings, and renovations of existing stores.」

    For new investments, including opening new stores, the company has stated a policy of reviewing investment plans, scaling them back, or implementing them cautiously, indicating that its previous store-expansion policy has weakened.
  8. FY2022RestatedAnnual report

    「In Japan, toward establishing a 60-store network, we will work on developing new store models in addition to repairing and maintaining existing stores. At the same time, we will focus on strengthening the collection of information on candidate sites, franchise opportunities, management-contract opportunities, and other store-opening formats, as well as examining opening conditions to further improve investment efficiency.」

    While reiterating the target of a 60-store network, the company identifies multiple store-opening formats, including maintenance of existing stores, new store models, franchising, and management contracts.
  9. FY2020-Q2AdvancedAnnual report

    「In July, we acquired the bathing-facility business comprising 5 stores from Takachiho Co.,Ltd. and opened them as company-operated Gokurakuyu stores.」

    For domestic store expansion, the company opened the 5 stores acquired from Takachiho Co.,Ltd. as company-operated Gokurakuyu stores in July, in addition to opening new stores.
  10. FY2020-Q1AdvancedAnnual report

    「As part of its efforts to expand the business, the Group had been considering not only opening new bathing facilities but also acquiring existing facilities. Following repeated discussions with Takachiho Co.,Ltd., the parties agreed that the Group would acquire the bathing-facility business owned by Takachiho Co.,Ltd., comprising 5 facilities excluding 1 facility in Nagano Prefecture.」

    For domestic store expansion, the company adopted the acquisition of existing facilities, in addition to opening new stores, as a specific means and acquired the business of 5 facilities.
  11. FY2019-Q1SoftenedAnnual report

    「In Japan, we considered opening company-operated stores and developing various businesses.」

    The company states its policy of opening company-operated stores in Japan, but does not reiterate the previous numerical target of a 60-store network, using more general language about considering store openings.
  12. FY2018RestatedAnnual report

    「In Japan, we will continue developing stores with a focus on opening company-operated locations in order to establish a 60-store network. At the same time, we will place even greater emphasis on strengthening the collection of information on candidate sites to secure locations and examining opening conditions to further improve investment efficiency.」

    The company reiterates its existing domestic store-opening policy: a 60-store network, a focus on company-operated stores, collection of information on candidate sites, and examination of opening conditions.
  13. FY2017RestatedAnnual report

    「In Japan, we will continue developing stores with a focus on opening company-operated locations in order to establish a 60-store network. At the same time, we will place even greater emphasis on strengthening the collection of information on candidate sites to secure locations and examining opening conditions to further improve investment efficiency.」

    The numerical target of a 60-store network, which was not reiterated in the quarterly report, was stated again in the annual report. The focus on company-operated stores, collection of information on candidate sites, and examination of opening conditions also continues.
  14. FY2017-Q2RestatedAnnual report

    「We will continue to actively pursue both new store openings and renovations of existing stores.」

    The policy of opening new stores and renovating existing stores continues, but the numerical target of a 60-store network has not been reiterated this time either.
  15. FY2017-Q1SoftenedAnnual report

    「We will continue to actively pursue both new store openings and renovations of existing stores.」

    Although the policy of opening stores in Japan and expanding the store base continues, the numerical target of a 60-store network stated in the previous fiscal year is not reiterated in this quarterly report, which instead describes a more general policy of opening new stores.
  16. FY2016First statedAnnual report

    「In Japan, we will continue developing stores with a focus on opening company-operated locations in order to establish a 60-store network. At the same time, we will place even greater emphasis on strengthening the collection of information on candidate sites to secure locations and examining opening conditions to further improve investment efficiency.」

    The company presents a quantitative target for the number of domestic stores and identifies a focus on company-operated stores, collection of information on candidate sites, and examination of opening conditions as the means to achieve it.
Moved together

"Development of urban, high-value-added new-format hot spring bathing facilities" moved the same way as this thread, in the same document, in 8 of its 24 moves.

877654★123456
  1. ★This thread
  2. 1Development of urban, high-value-added new-format hot spring bathing facilities8×
  3. 2Risk of breaching financial covenants under syndicated loans7×
  4. 3Improving visitor numbers and net sales through initiatives at existing stores that address customer needs7×
  5. 4Improving customer satisfaction and securing appropriate profits on a stable basis6×
  6. 5Aligning Interests with Shareholders Through Equity-Compensation Stock Options5×
  7. 6Store network of 40 domestic stores and 2 overseas stores4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Gokurakuyu Holdings's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Earnings presentation of 2026-11-13: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Establishment of a 60-store network in Japan | GOKURAKUYU HOLDINGS CO.,LTD. (2340) | Komori