Store Closures and Losses Caused by the Kumamoto Earthquake
First written in FY2017-Q1. 2 of 3 entries say "Restated". Latest entry: FY2017.
0 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Revenue in the franchise business was ¥748 million, down 16.1% year on year. While the brand as a whole struggled throughout the year, sales at our existing stores declined year on year, and the closure of Aeon Mall Kumamoto, a major store, for approximately 3 months following the Kumamoto Earthquake also affected results.」
The company explains that the closure of Aeon Mall Kumamoto for approximately 3 months due to the Kumamoto Earthquake affected the annual decline in revenue in the franchise business. - FY2017-Q2RestatedAnnual report
「In the franchise business, the number of existing stores continued to decline, while the closure of Aeon Mall Kumamoto, a high-profit store, following the earthquake resulted in revenue of ¥357 million, down 14.6% year on year, and operating profit of ¥28 million, down 59.7%.」
The closure of a major franchise store due to the Kumamoto Earthquake and its impact on profit and loss in the franchise business continued. The quarterly income statement also included ¥22.553 million in disaster-related losses. - FY2017-Q1First statedAnnual report
「In the franchise business, sales at existing stores declined, while the closure of Aeon Mall Kumamoto, a major store, following the Kumamoto Earthquake also affected results. Revenue was ¥171 million, down 15.7% year on year, and operating profit was ¥6 million, down 78.5%.」
The closure of a major franchise store due to the Kumamoto Earthquake affected revenue and operating profit in the franchise business. The income statement also included ¥9.568 million in disaster-related losses.