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UOGroup (2683) · InitiativeAdvanced

Withdrawal from Unprofitable Stores

First written in FY2017-Q1. 15 of 22 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.

22entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020-Q2 – FY2020AdvancedFY2022 – FY20262016: 220162017: 420172018: 320182019: 420192020: 220202021: 120212022: 120222023: 120232024: 220242025: 120252026: 12026
Same theme, other companies
Store Network and Earnings Structure Reform through Closure of Unprofitable StoresA theme 57 companies write about · 1 as a headwind · 58 as a tailwind

The whole theme swung hardest in 2018: 4 of 36 companies on the "Worse" side.

27 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 57 companies compared. The sentences above are computed from all 57.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Meanwhile, during the fiscal year, the Group closed a total of 2 stores and wrote off the store equipment or redeployed it to other stores. The closed stores were Ikebukuro Seibu and JR Gifu, both of which were fresh fish business stores.」

    During the fiscal year, the company closed 2 fresh fish business stores and wrote off the equipment or redeployed it to other stores.
  2. FY2025AdvancedAnnual report

    「During the fiscal year, the Group closed a total of 3 stores and wrote off the store equipment or redeployed it to other stores. The closed stores were Yoshidagata, Izumi and Alpark, all 3 of which were fresh fish business stores.」

    During the fiscal year, the company closed 3 fresh fish business stores and wrote off the equipment or redeployed it to other stores.
  3. FY2025-H1AdvancedAnnual report

    「Because impairment losses and store closure losses related to stores designated for closure were recognized as extraordinary losses,」

    Impairment losses and store closure losses were recognized for stores designated for closure, indicating that the store withdrawal plans had reached the stage of specific decisions and loss recognition.
  4. FY2024AdvancedAnnual report

    「During the fiscal year, the Group closed a total of 3 stores and wrote off the store equipment or redeployed it to other stores. The closed stores were Shitateya Futamatagawa, Izumigaoka Chuo and Jiyugaoka G, comprising 2 fresh fish business stores and 1 restaurant business store.」

    During the fiscal year, the company closed a total of 3 stores, consisting of 2 fresh fish business stores and 1 restaurant business store, and wrote off the equipment or redeployed it to other stores.
  5. FY2023AdvancedAnnual report

    「During the fiscal year, the Group closed a total of 2 stores and wrote off the store equipment or redeployed it to other stores. The closed stores were Shizuoka Matsuzakaya and Kobe Motomachi, comprising 1 fresh fish business store and 1 restaurant business store.」

    During the fiscal year, the company closed a total of 2 stores, consisting of 1 fresh fish business store and 1 restaurant business store, and wrote off the equipment or redeployed it to other stores. The scope has expanded from the closure of 1 fresh fish business store in the previous fiscal year.
  6. FY2022AdvancedAnnual report

    「Meanwhile, during the fiscal year, the Group closed a total of 1 store and wrote off the store equipment or redeployed it to another store. The closed store was Jiyugaoka, which was 1 fresh fish business store.」

    During the fiscal year, the Group closed the Jiyugaoka store, 1 fresh fish business store, and wrote off the equipment or redeployed it to another store.
  7. FY2021ReframedAnnual report

    「The closed stores were Nakamurabashi, Atre Kameido, Okazaki, Tokushima Sogo and Mishima, comprising 5 fresh fish business stores.」

    During the fiscal year, 5 fresh fish business stores were closed. Compared with the previous fiscal year's disclosure of store closures, which included 1 restaurant business store, the scope of the disclosure has changed to closures of fresh fish business stores this fiscal year.
  8. FY2020AdvancedAnnual report

    「We withdrew from 5 fresh fish stores and 1 restaurant.」

    The company continued to withdraw from unprofitable stores, withdrawing from 5 fresh fish stores and 1 restaurant during the fiscal year. In addition to the 5 fresh fish stores withdrawn in the previous fiscal year, a restaurant was also withdrawn.
  9. FY2020-Q3AdvancedAnnual report

    「We withdrew from 4 fresh fish stores and 1 restaurant.」

    The company continued to withdraw from unprofitable stores, increasing the number of fresh fish stores withdrawn from 3 in the cumulative previous quarter to 4. The withdrawal of 1 restaurant was also reported.
  10. FY2020-Q2AdvancedAnnual report

    「Withdrawal from unprofitable stores and other locations (3 fresh fish stores)」

    As a measure to address unprofitable stores, the number of fresh fish stores withdrawn increased from 2 in the cumulative previous quarter to 3.
  11. FY2020-Q1RestatedAnnual report

    「Withdrawal from unprofitable stores and other locations (2 fresh seafood stores)」

    The company continues to withdraw from unprofitable fresh fish stores and other locations, with 2 stores withdrawn during the cumulative first-quarter period.
  12. FY2019AdvancedAnnual report

    「Withdrawal from unprofitable stores and other locations (5 fresh seafood stores)」

    As a response to unprofitable stores, the number of fresh seafood stores withdrawn during the fiscal year increased from 2 stores in the previous quarter's cumulative results to 5 stores.
  13. FY2019-Q3RestatedAnnual report

    「Withdrawal from unprofitable stores (2 fresh seafood stores)」

    The company continues to describe withdrawing from 2 fresh seafood stores as a response to unprofitable stores.
  14. FY2019-Q2RestatedAnnual report

    「Withdrawal from unprofitable stores and other locations (2 fresh seafood stores)」

    The company continues to withdraw from 2 fresh seafood stores as a response to unprofitable stores. There has been no substantive change in the number of stores from the previous quarter's cumulative results.
  15. FY2019-Q1AdvancedAnnual report

    「We withdrew from unprofitable stores and other locations (2 fresh seafood stores).」

    As a response to unprofitable stores, the company withdrew from 2 fresh seafood stores during the cumulative first-quarter period.
  16. FY2018-Q3AdvancedAnnual report

    「We withdrew from 4 unprofitable stores (fresh seafood).」

    The results for withdrawals from unprofitable stores increased from 1 fresh seafood store in the cumulative second-quarter period to 4 fresh seafood stores in the cumulative third-quarter period.
  17. FY2018-Q2RestatedAnnual report

    「We withdrew from 1 unprofitable fresh seafood store.」

    The company continues to withdraw from 1 unprofitable fresh seafood store.
  18. FY2018-Q1AdvancedAnnual report

    「We withdrew from 1 unprofitable fresh seafood store.」

    It states that the company withdrew from 1 unprofitable fresh seafood store during the first quarter, adding a result for the implementation of the measure.
  19. FY2017AdvancedAnnual report

    「We opened new stores in high-quality properties expected to secure profits (5 fresh seafood stores) and closed unprofitable stores and other locations (3 fresh seafood stores and 1 restaurant).」

    The withdrawal targets expanded from the previous 1 fresh seafood store and 1 restaurant to 3 fresh seafood stores and 1 restaurant in the fiscal-year results.
  20. FY2017-Q3AdvancedAnnual report

    「Withdrawal from unprofitable stores and other locations (1 fresh seafood store and 1 restaurant)」

    The withdrawal targets expanded from 1 restaurant to 1 fresh seafood store and 1 restaurant. In the restaurant business, the segment profit was ¥12 million, up 96.3% year on year, as "the withdrawal from unprofitable stores proved effective."
  21. FY2017-Q2RestatedAnnual report

    「We withdrew from 1 unprofitable restaurant.」

    The company continues to describe withdrawing from 1 restaurant as a response to unprofitable stores.
  22. FY2017-Q1First statedAnnual report

    「Withdrawal from unprofitable stores (1 restaurant)」

    As a response to unprofitable stores, the company withdrew from 1 restaurant.
Moved together

"Improving Profitability through Strengthening Existing Stores and Opening and Closing Stores" moved the same way as this thread, in the same document, in 10 of its 22 moves.

10104433★123456
  1. ★This thread
  2. 1Improving Profitability through Strengthening Existing Stores and Opening and Closing Stores10×
  3. 2New Opening of a Fresh Fish Store with Expected Profitability10×
  4. 3Policy of treating improvement in operating margin on sales as an important metric4×
  5. 4Recruitment and Development of Human Resources by the Personnel System Reform Task Force4×
  6. 5Generating Profit Through New Businesses3×
  7. 6Improving Productivity and Reducing Costs Through Workforce Review3×

★ 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.

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Withdrawal from Unprofitable Stores | UOGroup CO.,LTD. (2683) | Komori