Discount business turns profitable
First written in FY2016. 12 of 34 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-11-05.
No other company in this theme has enough history to compare yet.
- 2026-11-05WorsenedRevisions to earnings forecasts
「セグメント利益は１億５百万円（前年同期比19.6％減）となりました。」
店舗販売事業は黒字を維持したものの、セグメント利益は前年同期比で減少している。 - FY2026From higher revenue and improved gross margin to lower revenue and profitAnnual report
「In the store sales business, daily necessities at general merchandise stores and footwear specialty stores, which opened 5 new locations during the fiscal year, performed steadily. The key product SP-ON also recorded strong growth, with approximately 70,000 pairs sold during the fiscal year. However, sales of autumn and winter seasonal products, mainly apparel, struggled due to the prolonged late-summer heat, and sales in the second half were affected by the opening of competing stores. As a result, revenue was ¥6,535 million, down 1.4% from the previous fiscal year. On the profit side, the decline in revenue and higher costs associated with opening new specialty stores, among other factors, resulted in segment profit of ¥134 million, down 24.0% from the previous fiscal year.」
Although 5 footwear specialty stores were opened and approximately 70,000 pairs of SP-ON were sold, the store sales business recorded lower revenue and lower profit due to the impact of the late-summer heat, competing store openings and new-store costs. - FY2026-H1AdvancedAnnual report
「In the store-based business, sales of food and daily necessities at general-merchandise stores and specialty footwear stores remained firm, allowing sales to hold at the year-earlier level. In addition, the key product SP-ON performed well and supported footwear sales. As a result, sales amounted to ¥3,444 million, up 0.1% year on year. In terms of profit, segment profit rose to ¥131 million, up 12.0% year on year, through expense reductions from more efficient flyer distribution in addition to maintaining sales.」
Steady performance at general merchandise and footwear specialty stores, together with sales of SP-ON, supported revenue, while more efficient flyer distribution also contributed to a 12.0% year-on-year increase in profit in the store sales business. - FY2025AdvancedAnnual report
「Segment profit was ¥176 million, up 204.7% from the previous fiscal year, as higher revenue, improved gross margin and lower expenses, including through more efficient flyer distribution, boosted results.」
Segment profit in the store sales business rose 204.7% from the previous fiscal year to ¥176 million, driven by higher revenue, improved gross margin and more efficient flyer distribution, among other factors. - FY2025-H1AdvancedAnnual report
「In terms of profit, although personnel expenses at the specialty stores and costs related to the food hall renovation increased, higher revenue and an improved gross profit margin lifted segment profit to ¥117 million, up 68.6% year on year.」
The store sales business offset higher labor costs and other expenses at specialty stores through higher revenue and improved gross margin, resulting in a 68.6% year-on-year increase in segment profit. - FY2024AdvancedAnnual report
「Higher revenue offset the increase in SG&A expenses, primarily higher labor costs associated with opening footwear specialty stores, resulting in segment profit of ¥58 million, up 474.5% from the previous fiscal year.」
Labor costs increased due to the opening of footwear specialty stores, but the store sales business offset the increase through higher revenue, lifting profit from ¥10 million to ¥58 million. - FY2024-Q3AdvancedAnnual report
「Higher revenue offset the increase in SG&A expenses, primarily higher labor costs associated with opening footwear specialty stores, resulting in segment profit of ¥55 million, up 52.5% year on year.」
The store sales business offset higher labor costs associated with opening footwear specialty stores through higher revenue, and segment profit rose 52.5% year on year to ¥55 million. - FY2023AchievedAnnual report
「As sales and the sales mix of original products increased, mainly at specialty stores, segment profit was ¥10 million, compared with a ¥25 million loss in the previous fiscal year.」
The store sales business turned profitable for the full fiscal year, moving from a segment loss of ¥25 million in the previous fiscal year to profit of ¥10 million in the current fiscal year. - FY2023-Q3AdvancedAnnual report
「Gross margin increased as sales and the sales mix of original products rose, driven mainly by higher footwear sales at specialty stores. Segment profit was ¥36 million, up 114.8% year on year.」
The store sales business increased profit from ¥16 million in the same period of the previous fiscal year to ¥36 million, driven by higher footwear sales at specialty stores and a higher proportion of original products. - FY2023-Q2Store sales business continues to post higher profitAnnual report
「Sales and the sales mix of original products with high gross profit margins increased. Despite higher electricity charges, reductions in selling, general and administrative expenses, mainly advertising expenses, resulted in segment profit of ¥67 million, up 104.5% year on year.」
The business secured a profit in FY2023-Q1 after reporting a loss for the previous full fiscal year, and segment profit rose 104.5% year on year. - FY2023-Q1Store sales business recovers to quarterly profit growthAnnual report
「Although SG&A expenses, including advertising costs, increased, gross margin improved as original products with high gross margins, mainly at footwear specialty stores, grew. Segment profit was ¥54 million, up 4.6% year on year.」
The store sales business moved from a loss for FY2022 to segment profit of ¥54 million in the first quarter, driven by growth in original products and improved gross margin. - FY2022Store sales business turns unprofitable for the full fiscal yearAnnual report
「Gross margin improved as the proportion of original products with high gross margins increased, mainly due to higher sales at footwear specialty stores. However, lower revenue and higher labor costs from an increase in part-time employees resulted in a segment loss of ¥25 million, compared with profit of ¥124 million in the previous fiscal year.」
Gross margin improved as the proportion of original products increased, but lower revenue and higher labor costs caused the store sales business to move from a ¥124 million profit in the previous fiscal year to a ¥25 million loss. - FY2022-Q3Widening sharp profit decline due to lower store sales revenueAnnual report
「Gross margin improved as the proportion of original products increased, but the significant impact of lower revenue resulted in segment profit of ¥16 million, down 87.8% year on year.」
Gross margin improved as the proportion of original products increased, but the decline in profit widened from 68.7% year on year in the second quarter to 87.8% due to lower revenue in the store sales business. - FY2022-Q2Sharp profit decline due to lower store sales revenueAnnual report
「Gross margin improved as the proportion of original products increased, but the significant impact of lower revenue resulted in segment profit of ¥32 million, down 68.7% year on year.」
Gross margin improved as the proportion of original products increased, but segment profit fell 68.7% year on year due to lower revenue in the store sales business. - FY2021-Q3AdvancedAnnual report
「In terms of profit, the gross profit margin rose as the sales mix shifted toward the company's original products, while selling, general and administrative expenses, primarily advertising expenses, were reduced through more efficient flyer distribution. As a result, segment profit rose to ¥138 million, up 121.0% year on year.」
Segment profit in the store sales business rose 121.0% year on year due to a higher proportion of original products and lower SG&A expenses. - FY2021-Q2AdvancedAnnual report
「In terms of profit, the gross profit margin rose through measures including restraint on discount sales, while selling, general and administrative expenses, primarily advertising expenses, were reduced through more efficient flyer distribution. As a result, segment profit rose to ¥105 million, up 37.9% year on year.」
The store sales business remained profitable, with segment profit rising 37.9% year on year due to higher gross margin and lower SG&A expenses. - FY2021-Q1Maintained profitability and delivered higher profitAnnual report
「Gross margin declined as products in relatively low-margin categories accounted for a larger share of sales. However, SG&A expenses, mainly advertising costs reduced by suspending flyer distribution, declined, and segment profit was ¥62 million, up 10.6% year on year.」
The store sales business remained profitable, offsetting the decline in gross margin from the product mix through lower SG&A expenses, including advertising costs. Operating profit rose 10.6% year on year. - FY2020Profitability maintained, decline in profit narrowedAnnual report
「The company sought to reduce SG&A expenses, mainly advertising costs, through more efficient flyer distribution, but lower gross profit due to the decline in revenue weighed on results. Segment profit (operating profit) was ¥61 million, down 21.3% from the previous fiscal year.」
The store sales business remained profitable on an operating basis, but lower gross profit from the decline in revenue resulted in lower profit. The rate of decline narrowed from 36.4% for the nine months through the third quarter to 21.3% for the full fiscal year. - FY2020-Q3Profitability maintained, decline in profit widenedAnnual report
「Segment profit was ¥62 million, down 36.4% year on year, mainly due to lower revenue and the resulting decline in gross profit as the proportion of internally developed product sales decreased.」
The store sales business remained profitable on an operating basis, but the decline in profit widened from the previous quarter due to lower revenue and a lower proportion of internally developed product sales. - FY2020-Q2Profitability maintained, decline in profit widenedAnnual report
「Segment profit was ¥76 million, down 23.2% year on year, mainly due to lower revenue and the resulting decline in gross margin as the proportion of internally developed product sales decreased.」
The business remained profitable on an operating basis even after being renamed the store sales business, but operating profit fell 23.2% year on year, mainly due to lower revenue and the decline in gross margin resulting from the lower proportion of internally developed product sales. - FY2020-Q1Profitability maintained and profit declined even after the business was renamed the store sales businessAnnual report
「Profitability declined as revenue fell and gross margin was below the same period of the previous fiscal year, mainly because the proportion of internally developed product sales decreased. Segment profit was ¥56 million, down 14.9% year on year.」
The business remained profitable on an operating basis even after being renamed the store sales business, but profit fell 14.9% year on year due to lower revenue and a lower proportion of internally developed product sales. - FY2019Profitability maintained, decline in profit widenedAnnual report
「The company sought to reduce advertising costs through more efficient flyer distribution, but the lower proportion of internally developed products with higher gross margins weighed on results. Segment profit (operating profit) was ¥78 million, down 39.3% from the previous fiscal year.」
The company continued to reduce advertising costs, but the lower proportion of internally developed product sales caused operating profit in the discount business to decline 39.3% while the business remained profitable. - FY2019-Q3Maintaining profitability, but lower profitAnnual report
「Segment profit (operating profit) was ¥98 million, down 21.6% year on year, mainly due to a decline in gross margin.」
The discount business remained profitable, but operating profit fell 21.6% year on year due to the decline in gross margin and other factors. - FY2019-Q2AdvancedAnnual report
「Segment profit (operating profit) was ¥99 million, up 4.8% year on year, resulting in lower revenue but higher profit, as advertising costs declined through more efficient flyer distribution and other expenses were reduced.」
More efficient flyer distribution and lower other expenses lifted operating profit in the discount business by 4.8% year on year despite lower revenue. - FY2019-Q1AdvancedAnnual report
「Segment profit (operating profit) was ¥66 million, up 2.8% year on year, due to lower advertising costs resulting from more efficient flyer distribution and lower other expenses.」
Operating profit in the discount business rose 2.8% year on year due to lower advertising and other expenses. - FY2018AdvancedAnnual report
「Segment profit (operating profit) was ¥128 million, up 65.8% from the previous fiscal year, as gross profit increased with higher private-brand product sales and a higher sales mix, while SG&A expenses, primarily advertising costs, declined.」
Operating profit in the discount business rose 65.8% year on year to ¥128 million, driven by higher private-brand product sales, a higher sales mix and lower SG&A expenses. - FY2018-Q3AdvancedAnnual report
「Segment profit (operating profit) was ¥125 million, up 16.4% year on year, as gross margin improved with the higher proportion of private-brand product sales and SG&A expenses declined.」
In addition to the improvement in gross margin from the higher proportion of private-brand product sales, SG&A expenses declined, driving a 16.4% year-on-year increase in operating profit in the discount business. - FY2018-Q2Maintaining profitability, but lower profitAnnual report
「Gross margin improved as the proportion of private-brand product sales increased, but segment profit (operating profit) was ¥94 million, down 10.1% year on year, due to higher expenses, resulting in lower revenue and lower profit.」
The company continued to improve gross margin by increasing the proportion of private-brand product sales, but operating profit fell 10.1% year on year due to higher expenses and lower revenue. - FY2018-Q1Maintaining profitability, but lower profitAnnual report
「Gross margin improved as the sales mix shifted toward private-brand products, mainly footwear, but segment profit (operating profit) was ¥65 million, down 13.1% year on year, as lower revenue weighed on results.」
The company continued to improve gross margin by increasing the proportion of private-brand product sales, but could not offset the decline in revenue. Operating profit fell 13.1% year on year while the business remained profitable. - FY2017Maintaining profitability, but lower profitAnnual report
「Gross margin improved as sales of private-brand products, mainly footwear, increased and their share of sales rose. The company also worked to reduce SG&A expenses, particularly utilities, but could not fully offset the impact of lower revenue. Segment profit (operating profit) was ¥77 million, down 27.3% from the previous fiscal year, resulting in lower revenue and lower profit.」
The company continued to increase the proportion of private-brand products and reduce expenses, but could not offset the decline in revenue. The business remained profitable, although operating profit fell 27.3% from the previous fiscal year. - FY2017-Q3RestatedAnnual report
「In terms of profit, the gross profit margin improved as private-label footwear and apparel products increased their share of sales, while selling, general and administrative expenses, mainly utilities, were reduced. As a result, segment profit (operating profit) rose to ¥108 million, up 2.2% year on year, despite lower revenue.」
Despite lower revenue, the company secured operating profit of ¥108 million and maintained profitability through a higher proportion of private-brand products and lower expenses. - FY2017-Q2RestatedAnnual report
「In terms of profit, the gross profit margin improved as private-label footwear products increased their share of sales, while selling, general and administrative expenses, including utilities, were reduced through the conversion to LED lighting and other measures. As a result, segment profit (operating profit) rose to ¥105 million, up 39.9% year on year, despite lower revenue.」
Although revenue declined, the discount business maintained profitability and operating profit increased 39.9% year on year, driven by a higher proportion of private-brand products and lower expenses. - FY2017-Q1RestatedAnnual report
「Segment profit (operating profit) was ¥74 million, up 39.9% year on year, resulting in lower revenue but higher profit, as gross margin improved due to stronger supplier initiatives and expanded sales of private-brand products.」
The discount business has maintained profitability by continuing to expand private-brand product sales and improve gross margin through supplier initiatives. - FY2016First statedAnnual report
「Profit was ¥106 million, compared with a ¥7 million loss in the previous fiscal year, as the segment turned profitable and recorded lower revenue but higher profit. This reflected the improvement in gross margin from expanding sales of private-brand products and a significant reduction in SG&A expenses following the decline in large-scale renovation costs incurred in the previous fiscal year.」
The discount business turned profitable against a backdrop of increased private-brand product sales and lower expenses.