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Can Do (2698) · RiskMaterialised

Risk of impact on performance from aggressive new store openings and closures of existing stores

First written in FY2016. 28 of 29 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-10-09.

29entries
10years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q1 – 2026-10-092017: 220172018: 120182019: 320192020: 420202021: 420212022: 120222023: 320232024: 420242025: 120252026: 62026
Same theme, other companies
Cost and Loss Risks Associated with New Store Openings and Store ClosuresA theme 14 companies write about · 14 as a headwind · 0 as a tailwind

Can Do moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).

The whole theme swung hardest in 2018: 5 of 11 companies on the "Worse" side.

6 other companies' latest entry also says "Materialised".

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. FY2026MaterialisedAnnual report

    「The number of new stores was 113 (79 company-operated stores, including consignment stores, and 34 franchise stores, including alliance stores). Meanwhile, 98 stores were closed, more than initially expected, resulting in a net increase of 15 stores.」

    In connection with aggressive store openings and closures of existing stores, 98 store closures actually occurred during the current fiscal year. New store openings exceeded closures, resulting in a net increase of 15 stores.
  2. FY2026-H1MaterialisedAnnual report

    「There were 69 new store openings, comprising 49 company-operated stores, including commissioned stores, and 20 franchised stores, including alliance stores, and 37 store closures, resulting in an increase of 32 stores.」

    In connection with aggressive store openings and closures of existing stores, 37 store closures actually occurred during the current interim consolidated fiscal period. Meanwhile, new store openings exceeded closures, resulting in a net increase of 32 stores.
  3. FY2025-H1MaterialisedAnnual report

    「There were 61 new store openings during the current interim consolidated fiscal period, comprising 46 company-operated stores, including commissioned stores, and 15 franchised stores, and 39 store closures, resulting in an increase of 22 stores.」

    In connection with the risk associated with store openings and closures, 39 store closures actually occurred during the current interim consolidated fiscal period. Meanwhile, new store openings exceeded closures, resulting in a net increase of 22 stores.
  4. FY2024-Q2MaterialisedAnnual report

    「There were 31 new store openings, comprising 21 company-operated stores, including commissioned stores, and 10 franchised stores, and 21 store closures, resulting in an increase of 10 stores.」

    While 21 store closures actually occurred against 31 new store openings, new store openings exceeded closures, resulting in a net increase of 10 stores.
  5. FY2024MaterialisedAnnual report

    「There were 95 new store openings, comprising 77 company-operated stores, including commissioned stores, and 18 franchised stores, and 82 store closures, resulting in an increase of 13 stores.」

    In connection with aggressive store openings and closures of existing stores, 82 store closures actually occurred during the current fiscal year. Meanwhile, new store openings exceeded closures, resulting in a net increase of 13 stores.
  6. FY2023-Q4MaterialisedAnnual report

    「As a result, there were 75 new store openings, comprising 61 company-operated stores, including commissioned stores, and 14 franchised stores, and 48 store closures, resulting in an increase of 27 stores.」

    During the first 9 months of the current fiscal year, 48 store closures actually occurred. Meanwhile, new store openings exceeded closures, resulting in a net increase of 27 stores.
  7. FY2023-Q2MaterialisedAnnual report

    「As a result, there were 24 new store openings, comprising 19 company-operated stores, including commissioned stores, and 5 franchised stores, and 12 store closures, resulting in an increase of 12 stores.」

    In connection with aggressive store openings and closures of existing stores, 12 store closures actually occurred. Meanwhile, new store openings exceeded closures, resulting in a net increase of 12 stores.
  8. FY2023MaterialisedAnnual report

    「There were 158 new store openings, comprising 110 company-operated stores, including commissioned stores, and 48 franchised stores, and 93 store closures, resulting in an increase of 65 stores.」

    In connection with aggressive store openings and closures of existing stores, 93 store closures actually occurred during the 15-month period. Meanwhile, new store openings exceeded closures, resulting in a net increase of 65 stores.
  9. FY2022-Q4MaterialisedAnnual report

    「There were 142 new store openings, comprising 99 company-operated stores, including commissioned stores, and 43 franchised stores, and 70 store closures, resulting in an increase of 72 stores.」

    In connection with the risk associated with aggressive store openings and closures of existing stores, 70 store closures actually occurred during the full fiscal year. Meanwhile, new store openings exceeded closures, resulting in a net increase of 72 stores.
  10. FY2022-Q2MaterialisedAnnual report

    「There were 76 new store openings, comprising 54 company-operated stores, including commissioned stores, and 22 franchised stores, and 42 store closures, resulting in an increase of 34 stores.」

    In connection with aggressive store openings and closures of existing stores, 42 store closures actually occurred. Meanwhile, new store openings exceeded closures, resulting in a net increase of 34 stores.
  11. FY2021-Q3MaterialisedAnnual report

    「As a result, there were 85 new store openings, comprising 43 company-operated stores, including commissioned stores, and 42 franchised stores, and 43 store closures, resulting in an increase of 42 stores.」

    In connection with aggressive store openings and closures of existing stores, 43 store closures actually occurred. Meanwhile, new store openings exceeded closures, resulting in a net increase in the number of stores.
  12. FY2021-Q2MaterialisedAnnual report

    「As a result, there were 58 new store openings, comprising 23 company-operated stores, including commissioned stores, and 35 franchised stores, and 29 store closures, resulting in an increase of 29 stores.」

    In connection with aggressive store openings and closures of existing stores, 29 store closures actually occurred. Meanwhile, new store openings exceeded closures, resulting in a net increase in the number of stores.
  13. FY2021-Q1MaterialisedAnnual report

    「There were 29 new store openings, comprising 10 company-operated stores and 19 franchised stores, and 15 store closures, resulting in an increase of 14 stores.」

    In connection with the risk associated with aggressive store openings and closures of existing stores, 15 store closures actually occurred during the first quarter.
  14. FY2020MaterialisedAnnual report

    「There were 66 new store openings, comprising 23 company-operated stores and 43 franchised stores, and 51 store closures, resulting in an increase of 15 stores.」

    A total of 51 store closures actually occurred during the full fiscal year. A loss on disposal of fixed assets of ¥108 million associated with store closures and other measures was also recorded.
  15. FY2020-Q3MaterialisedAnnual report

    「There were 42 new store openings, comprising 16 company-operated stores and 26 franchised stores, and 46 store closures, resulting in a decrease of 4 stores.」

    The 46 store closures exceeded the 42 new store openings, resulting in an actual reduction of 4 stores.
  16. FY2020-Q2MaterialisedAnnual report

    「Partly due to the impact of delayed store openings resulting from the spread of COVID-19, there were 28 new store openings during the first 6 months of the current consolidated fiscal year, comprising 12 company-operated stores and 16 franchised stores, while 34 stores closed, resulting in a decrease of 6 stores.」

    The impact of delayed store openings arose, and the 34 store closures exceeded the 28 new store openings, resulting in an actual net reduction of 6 stores.
  17. FY2020-Q1MaterialisedAnnual report

    「There were 13 new store openings, comprising 7 company-operated stores and 6 franchised stores, and 13 store closures, leaving the total number of stores unchanged.」

    During the first quarter of the current fiscal year, 13 store closures actually occurred, equal to the number of new store openings.
  18. FY2019MaterialisedAnnual report

    「There were 97 new store openings, comprising 60 company-operated stores and 37 franchised stores, and 55 store closures, resulting in a net increase of 42 stores.」

    In connection with aggressive store openings and closures of existing stores, 55 store closures actually occurred during the full fiscal year.
  19. FY2019-Q3MaterialisedAnnual report

    「There were 68 new store openings, comprising 46 company-operated stores and 22 franchised stores, and 42 store closures, resulting in a net increase of 26 stores.」

    A total of 42 store closures, including closures of unprofitable stores, actually occurred, and events related to the risk of an impact on performance from store openings and closures have continued.
  20. FY2019-Q2MaterialisedAnnual report

    「There were 39 new store openings, comprising 28 company-operated stores and 11 franchised stores, and 31 store closures, resulting in a net increase of 8 stores.」

    In connection with the risk of an impact on performance from aggressive store openings and closures of existing stores, 31 store closures actually occurred during the first 6 months of the current fiscal year.
  21. FY2019-Q1MaterialisedAnnual report

    「There were 10 new store openings, comprising 9 company-operated stores and 1 franchised store, but the number of closures was higher at 16, resulting in a net decrease.」

    Closures of 16 stores exceeded the 10 new store openings, resulting in an actual net reduction in the store network.
  22. FY2017MaterialisedAnnual report

    「Asset disposals associated with store closures and refurbishments of existing stores, among other measures (128 stores)」

    Disposals of fixed assets associated with store closures and other measures occurred at 128 stores, and a loss on disposal of fixed assets of ¥179.226 million was recorded.
  23. FY2017-Q1MaterialisedAnnual report

    「Increases in closure-related costs, including costs associated with withdrawing from OHO!HO!, were concentrated in the first quarter of the current consolidated cumulative period.」

    Costs associated with closing existing stores and other locations actually arose and were disclosed as a factor contributing to the decrease in operating income.
  24. FY2016First statedAnnual report

    「Costs arising from aggressive store openings may affect performance. In addition, where existing stores are closed at the company’s discretion to improve operating efficiency, the expenses and losses associated with those closures may affect performance.」

    The company identifies the costs associated with aggressive store openings and the expenses and losses associated with closing existing stores as risks under its store opening and closure policy.
Moved together

"Risk of impairment of fixed assets related to unprofitable stores" moved the same way as this thread, in the same document, in 18 of its 29 moves.

181413121010★123456
  1. ★This thread
  2. 1Risk of impairment of fixed assets related to unprofitable stores18×
  3. 2Lack of a clear recovery in personal consumption14×
  4. 3Cost Inflationary Pressure13×
  5. 4Year-on-Year Change in Sales, Operating Profit and Net Profit12×
  6. 5Uncertain Business Outlook Due to Overseas Economic Instability and Financial Market Volatility10×
  7. 6Risk of damage to stores and facilities from earthquakes, infectious diseases, riots and terrorism10×

★ 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
No upcoming earnings preview for Can Do yet. It last moved in the Financial Results Presentation of 2026-10-09: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of impact on performance from aggressive new store openings and closures of existing stores | CAN DO CO.,LTD. (2698) | Komori