Watts (2735) · RiskMitigated
Increase in Related Costs and Decline in Profit Associated with Bringing Forward the Opening of Tenant-Format Stores
First written in FY2019-Q1. 1 of 2 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2020-Q1.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Store Expansion and Store Profitability Deterioration RiskA theme 53 companies write about · 55 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2018: 8 of 34 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
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 53 companies compared. The sentences above are computed from all 53.Full recordFilings, disclosures and news, newest first
- FY2020-Q1MitigatedAnnual report
「前年同四半期に比べテナント型店舗の出店が少なく、出店コストが減少したこと等もあり、利益面では増益となりました。」
前年同四半期に比べテナント型店舗の出店が少なく、出店コストが減少したことで、前回記載された関連コスト増の影響が低減した。 - FY2019-Q1MaterialisedAnnual report
「Costs related to shop-in-shop openings increased substantially because openings were brought forward, among other factors. As a result, operating profit was ¥137 million, down 45.0%, ordinary profit was ¥157 million, down 40.6%, and profit attributable to owners of the parent was ¥87 million, down 49.2%.」
The substantial increase in costs associated with accelerated shop-in-shop openings was an actual factor behind lower operating profit, ordinary profit and profit attributable to owners of the parent.