Komori
Hard Off Corporation (2674) · TargetSoftened

Plan for net additions of directly operated and franchise stores in FY2016

First written in FY2016. 5 of 8 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2018.

8entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2017-Q3AdvancedFY2018-Q1 – FY2018-Q32016: 220162017: 420172018: 22018
Same theme, other companies
Plan to Open 24 Stores in the Fiscal Year Ending February 2019A theme 12 companies write about · 0 as a headwind · 26 as a tailwind

The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.

1 other company's latest entry also says "Softened".

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. FY2018SoftenedAnnual report

    「Mode Off Akihabara Store, Chiyoda-ku, Tokyo, new store opening, 39,000, self-financing, May 2018, June 2018」

    The previous annual target of net additions of 15 directly operated stores and 25 FC stores, or 40 stores in total, was not reiterated as the policy for the year. The following year’s capital expenditure plan specifically included the opening of 2 Mode Off stores.
  2. FY2018-Q3AdvancedAnnual report

    「For new store openings, we have set targets of net additions of 15 directly operated stores and 25 franchise-chain stores (hereinafter, “FC stores”). During the third quarter of the current consolidated cumulative period, we opened 8 directly operated stores, including ECO TOWN Iwilei Store in Hawaii, United States, and closed 3, while opening 21 FC stores and closing 1.」

    The annual targets of 15 net additions to directly operated stores and 25 to FC stores were maintained. Cumulatively, 8 directly operated stores were opened and 3 closed, while 21 FC stores were opened and 1 closed.
  3. FY2018-Q2AdvancedAnnual report

    「For new store openings, we have set targets of net additions of 15 directly operated stores and 25 franchise-chain stores (hereinafter, “FC stores”). During the second quarter of the current consolidated cumulative period, we opened 7 directly operated stores, including ECO TOWN Iwilei Store in Hawaii, United States, and closed 2, while opening 16 FC stores and closing 1.」

    The annual targets of 15 net additions to directly operated stores and 25 to FC stores were maintained. Cumulatively, 7 directly operated stores were opened and 2 closed, while 16 FC stores were opened and 1 closed.
  4. FY2018-Q1AdvancedAnnual report

    「For new store openings, we have set targets of net additions of 15 directly operated stores and 25 franchise-chain stores (hereinafter, “FC stores”). During the first quarter of the current consolidated cumulative period, we opened 4 directly operated stores, including ECO TOWN Iwilei Store in Hawaii, United States, and 5 FC stores.」

    The fiscal 2017 targets of 15 net additions to directly operated stores and 25 to FC stores were maintained. During the first quarter, 4 directly operated stores and 5 FC stores were newly opened.
  5. FY2017SoftenedAnnual report

    「For new store openings, we plan net additions of 15 directly operated stores and 25 FC stores, for a total of 40 stores.」

    The fiscal 2017 net-addition plan was reduced to 15 directly operated stores, 25 FC stores and 40 stores in total, compared with the previous year’s plan of 55. In fiscal 2016, actual openings and closures were 16 and 4 for directly operated stores and 33 and 1 for FC stores, with 2 transfers in each direction, resulting in the plan being missed.
  6. FY2017-Q3AdvancedAnnual report

    「For new store openings, we have set targets of net additions of 15 directly operated stores and 40 franchise-chain stores (hereinafter, “FC stores”). During the third quarter of the current consolidated cumulative period, we opened 12 directly operated stores and closed 2, and opened 33 FC stores and closed 1. In addition, 1 Hard Off-format store and 1 Off House-format store were transferred from the FC store network to the directly operated network.」

    The annual targets of 15 net additions to directly operated stores and 40 to FC stores were maintained. Cumulatively through the third quarter, 12 directly operated stores were opened and 2 closed, while 33 FC stores were opened and 1 closed; 2 stores were also transferred to the directly operated network.
  7. FY2017-Q1AdvancedAnnual report

    「For new store openings, we have set targets of net additions of 15 directly operated stores and 40 franchise-chain stores (hereinafter, “FC stores”). During the first quarter of the current consolidated cumulative period, we closed 1 directly operated store and opened 10 FC stores. In addition, 1 Hard Off-format store and 1 Off House-format store were transferred from the FC store network to the directly operated network.」

    The annual targets of 15 net additions to directly operated stores and 40 to FC stores were maintained. During the first quarter, 10 FC stores were newly opened and 2 stores were transferred from the FC network to the directly operated network.
  8. FY2016First statedAnnual report

    「We plan to achieve net additions of 15 directly operated stores and 40 FC stores, for a total of 55 stores.」

    The annual plan called for net additions of 15 directly operated stores, 40 FC stores and 55 stores in total.
Moved together

"Vision for expanding the store network to 1,000 stores in 2020 and 1,500 stores in 2030" moved the same way as this thread, in the same document, in 5 of its 8 moves.

55222★12345
  1. ★This thread
  2. 1Vision for expanding the store network to 1,000 stores in 2020 and 1,500 stores in 20305×
  3. 2Nationwide network of directly operated and franchise stores5×
  4. 3Taking on the challenge of overseas store openings2×
  5. 4Revenue growth driven by existing and new stores, with operating profit pressured by store-opening preparation costs2×
  6. 5Impairment of unprofitable stores and idle assets2×

★ 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
Hard Off Corporation's next results are scheduled for 2026-11-10. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.