Store Selection Based on Future Profitability and Review of the Business Plan
First written in FY2021-Q1. 4 of 8 entries say "Restated". Latest entry: FY2025.
47 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「To improve the profitability of the relevant business by withdrawing from some of its operating stores, we decided to transfer the fixed assets as described below.」
The policy of selecting stores based on future profitability was implemented through withdrawals from multiple stores and transfers of equipment, explicitly with the aim of improving profitability. - FY2023-Q2RestatedAnnual report
「In addition, we continued to promote cost-efficient operations and implemented profit-focused measures on the business side, including closing unprofitable stores and changing multi-floor stores to businesses within the Group, comprising 1 restaurant store and 2 beauty stores.」
The company continues to improve cost efficiency and select stores by closing unprofitable stores and converting multi-floor stores to restaurant or beauty businesses. - FY2023-Q1AdvancedAnnual report
「The company pursued a profit-focused approach by closing 3 unprofitable stores and changing the business formats of multi-level stores to businesses within the group, comprising 1 food-service store and 2 beauty-service stores.」
Store selection based on future profitability was implemented by closing 3 unprofitable karaoke stores and changing 3 stores to restaurant and beauty formats. - FY2022AdvancedAnnual report
「In this environment, the group actively promoted the closure of karaoke stores whose profitability it judged difficult to recover due to the impact of COVID-19, with the aim of improving future profitability.」
The policy of selecting stores based on future profitability has entered the implementation stage, with the active closure of karaoke stores where a recovery in profitability is difficult. - FY2022-Q2RestatedAnnual report
「Operationally, we promoted cost-efficient operations, while on the business side we implemented profit-focused measures, including closing 1 unprofitable store and reducing its floor space.」
The company continues to implement measures involving the selection of stores based on future profitability and the efficient use of management resources, including closing 1 store and reducing floor space. - FY2022-Q1RestatedAnnual report
「Operationally, we promoted cost-efficient operations, while on the business side we implemented profit-focused measures, including closing 1 unprofitable store and reducing its floor space.」
The company continues to pursue its policy of selecting stores based on future profitability and improving the efficiency of management resources, together with the operating results of closing 1 store and reducing floor space. - FY2021-Q3RestatedAnnual report
「In the store operations business, we will select stores with sufficient future profitability potential, improve the efficiency of management resource allocation, and revise the business plan.」
The company continues to position store selection based on future profitability, efficient use of management resources, and revision of the business plan as response measures. - FY2021-Q1First statedAnnual report
「In the store operations business, we will select stores with sufficient future profitability potential, improve the efficiency of management resource allocation, and revise the business plan.」
As a response to material uncertainty regarding the going concern assumption, the company disclosed for the first time as a separate measure its policy of selecting stores with high future profitability and reviewing the allocation of management resources and the business plan.