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St.Cousair (2937) · RiskMaterialised

Upfront Investment in New Businesses and Risk of Falling Short of Plan

First written in FY2023. 2 of 3 entries say "Materialised", first in FY2025-H1. Latest entry: FY2025.

3entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023MaterialisedFY2025-H1 – FY20252023: 120232024: 120242025: 12025
Same theme, other companies
Uncertainty over Recovering Upfront Investments and Realizing Future ProfitsA theme 72 companies write about · 73 as a headwind · 0 as a tailwind

St.Cousair moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).

The whole theme swung hardest in 2019: 6 of 25 companies on the "Worse" side.

9 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.
Showing 14 of the 72 companies compared. The sentences above are computed from all 72.
Full recordFilings, disclosures and news, newest first
  1. FY2025MaterialisedAnnual report

    「The company recorded special losses of ¥121,712 thousand in impairment losses associated with the closure of MeKEL Nagano Wakasato and other stores, and ¥71,865 thousand in valuation losses on investment securities due to a decline in the fair value of some investment securities it held, for the consolidated fiscal year under review.」

    Impairment losses of ¥121,712 thousand associated with new-business underperformance and store closures were incurred for the full fiscal year, demonstrating that the risk of upfront investment continued to materialize as an actual loss.
  2. FY2025-H1MaterialisedAnnual report

    「MeKEL Nagano Wakasato, which opened in September 2023 as the first directly operated store, closed in September 2024 due to poor performance.」

    The risk of upfront investment and failure to meet plans for new businesses actually materialized in the poor performance and closure of the first directly operated MeKEL store and a ¥115,253 thousand impairment loss.
  3. FY2023First statedAnnual report

    「These new businesses may require substantial upfront investment, including capital investment and human capital investment.」

    The company identifies capital and human capital investment required to launch new businesses, as well as the possibility of performance falling short of expectations, as risks.
Moved together

"Expansion of business with major retail chains" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222222★123456
  1. ★This thread
  2. 1Expansion of business with major retail chains2×
  3. 2Declining profitability due to soaring resource and raw material prices, yen depreciation, logistics disruptions and labor shortages2×
  4. 3Concerns over weak consumption and economic deterioration2×
  5. 4Risk of Valuation and Impairment Losses from M&A and Portfolio Companies Falling Short of Expectations2×
  6. 5Dilution of Existing Shareholdings Due to Stock Option Exercise2×
  7. 6Establish MeKEL as the third pillar of the domestic business2×

★ 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 St.Cousair yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Upfront Investment in New Businesses and Risk of Falling Short of Plan | St.Cousair CO.,LTD. (2937) | Komori