Declining Sales at Existing Stores and Lower Profit Levels
First written in FY2016. 1 of 38 entries say "Advanced", first in FY2024-Q3. Latest entry: 2026-09-20.
The whole theme swung hardest in 2020: 6 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- 2026-09-20Cited as achieveds.kabutan.jp
「同時に８月度の月次売上速報を開示。」
既存店売上高の前年同月比6.3％増という月次実績が報じられ、既存店の増収基調を示す新たな数値が加わった。 - 2026-07-15OtherEarnings
「As a result, for the current interim consolidated accounting period, net sales were ¥3,056,457 thousand, operating income was ¥345,271 thousand, ordinary income was ¥340,008 thousand, and interim net income attributable to owners of the parent was ¥286,056 thousand.」
Revenue and profit increased for the interim period, with operating income, ordinary income, and interim net income attributable to owners of the parent recorded. - FY2027-H1Higher sales and profit in the six-month interim consolidated periodAnnual report
「As a result, for the interim consolidated accounting period, net sales were ¥3,056.457 million, up 28.5% year on year; operating income was ¥345.271 million, up 232.6%; ordinary income was ¥340.008 million, up 235.8%; and interim net income attributable to owners of the parent was ¥286.056 million, up 281.0%.」
Interim consolidated net sales increased 28.5% year on year, while operating income was ¥345.271 million, ordinary income was ¥340.008 million and interim net income attributable to owners of the parent was ¥286.056 million, marking continued revenue and profit growth. - 2026-04-14OtherFinancial Results Presentation
「Operating income ¥213,523 thousand, up 136.1% year on year」
For the first quarter of the fiscal year ending November 2026, net sales were ¥1,584,123 thousand, operating income was ¥213,523 thousand, ordinary income was ¥209,732 thousand, and quarterly net income was ¥172,142 thousand. - FY2026-H1Interim consolidated return to profitability and revenue growthAnnual report
「As a result, for the interim consolidated accounting period, net sales were ¥2,378.619 million, up 9.6% from the same interim period of the previous year; operating income was ¥103.802 million, compared with an operating loss of ¥24.296 million; ordinary income was ¥101.262 million, compared with an ordinary loss of ¥33.761 million; and interim net income attributable to owners of the parent was ¥75.075 million, compared with an interim net loss attributable to owners of the parent of ¥40.611 million.」
Interim consolidated net sales increased 9.6% from the same interim period of the previous year, and the company moved from an operating loss to operating income of ¥103.802 million, from an ordinary loss to ordinary income of ¥101.262 million, and from an interim net loss attributable to owners of the parent to interim net income of ¥75.075 million. - FY2025Return to full-year profitability in the first year of consolidationAnnual report
「Net sales were ¥4,770.191 million and selling, general and administrative expenses were ¥3,301.090 million. As a result, operating income was ¥199.677 million and ordinary income was ¥180.500 million.」
In the first year of consolidation, the company recorded net sales of ¥4,770.191 million, operating income of ¥199.677 million, ordinary income of ¥180.500 million and net income attributable to owners of the parent of ¥175.313 million. - FY2025-H1Interim consolidated operating and net lossesAnnual report
「As a result of these initiatives, net sales were ¥2,169.307 million, operating loss was ¥24.296 million, ordinary loss was ¥33.761 million and interim net loss attributable to owners of the parent was ¥40.611 million.」
In the interim consolidated results following the transition to consolidated accounting, the company recorded net sales of ¥2,169.307 million, an operating loss of ¥24.296 million, an ordinary loss of ¥33.761 million and an interim net loss attributable to owners of the parent of ¥40.611 million. - FY2024Full-year revenue growth and return to profitabilityAnnual report
「Net sales increased by ¥602.352 million (14.9%) from the previous fiscal year to ¥4,656.144 million. As a result, operating income was ¥69.517 million.」
Full-year net sales increased 14.9%, and the company moved from an operating loss in the previous fiscal year to operating income of ¥69.517 million. - FY2024-Q3AdvancedAnnual report
「Net sales increased by ¥507.212 million (17.1%) from the same quarter of the previous year to ¥3,467.202 million. As a result, operating income was ¥19.492 million, ordinary income was ¥29.832 million and quarterly net income was ¥5.939 million.」
In the first 3 quarters, revenue increased and the company moved from an operating loss to operating income of ¥19.492 million, ordinary income of ¥29.832 million and quarterly net income of ¥5.939 million. - FY2024-Q2Revenue growth and narrower operating lossAnnual report
「Net sales increased by ¥354.511 million (19.9%) from the same quarter of the previous year to ¥2,134.851 million. Selling, general and administrative expenses increased by ¥31.020 million (2.0%) to ¥1,601.134 million. As a result, the operating loss was ¥94.283 million.」
In the first half, net sales increased 19.9% year on year, and the operating loss narrowed from ¥309.147 million in the same period of the previous year to ¥94.283 million. Meanwhile, an ordinary loss of ¥93.984 million and a quarterly net loss of ¥104.336 million remained. - FY2024-Q1Revenue growth and narrower operating loss, but swing to ordinary and net lossesAnnual report
「Net sales increased by ¥115.427 million (12.5%) from the same quarter of the previous year to ¥1,041.756 million. Selling, general and administrative expenses increased by ¥11.260 million (1.4%) to ¥794.274 million. As a result, the operating loss was ¥58.533 million. The ordinary loss was ¥59.633 million, compared with ordinary income of ¥800,000 in the same quarter of the previous year. As a result, the quarterly net loss was ¥61.591 million.」
Net sales increased 12.5% year on year and the operating loss narrowed from ¥127.672 million to ¥58.533 million. However, the company swung from ordinary income and quarterly net income in the same period of the previous year to an ordinary loss of ¥59.633 million and a quarterly net loss of ¥61.591 million. - FY2023Full-year revenue growth and narrower lossesAnnual report
「Net sales increased by ¥1,893.075 million (87.6%) from the previous fiscal year to ¥4,053.791 million. As a result, the operating loss was ¥354.826 million. However, the loss was reduced by the recognition of ¥127.574 million in government subsidies for cooperation in measures against COVID-19 as non-operating income, resulting in an ordinary loss of ¥226.022 million. Net loss for the year was ¥278.689 million.」
Full-year net sales increased 87.6%, and the operating loss narrowed from ¥1,121.601 million in the previous fiscal year to ¥354.826 million. The ordinary loss narrowed from ¥289.571 million to ¥226.022 million, and the net loss for the year narrowed from ¥391.020 million to ¥278.689 million. - FY2023-Q3Substantial sales growth and narrower operating loss, but wider ordinary and net lossesAnnual report
「Net sales increased by ¥1,231.434 million (71.2%) from the same quarter of the previous year to ¥2,959.989 million. Selling, general and administrative expenses increased by ¥383.336 million (19.2%) to ¥2,382.022 million. As a result, the operating loss was ¥299.719 million. However, the loss was reduced by the recognition of ¥127.574 million in government subsidies for cooperation in measures against COVID-19 as non-operating income, resulting in an ordinary loss of ¥171.077 million.」
For the first 3 quarters, net sales increased 71.2% year on year and the operating loss narrowed from ¥775.079 million to ¥299.719 million. Meanwhile, the ordinary loss was ¥171.077 million and the quarterly net loss was ¥199.040 million, with losses widening from the same period of the previous year. - FY2023-Q2Substantial revenue growth and narrower lossesAnnual report
「Net sales increased by ¥1,170.126 million (191.8%) from the same quarter of the previous year to ¥1,780.340 million. Selling, general and administrative expenses increased by ¥379.426 million (31.9%) to ¥1,570.114 million. As a result, the operating loss was ¥309.147 million. However, the loss was reduced by the recognition of ¥127.574 million in government subsidies for cooperation in measures against COVID-19 as non-operating income, resulting in an ordinary loss of ¥181.338 million.」
In the first half, net sales increased 191.8% year on year, while the operating, ordinary and quarterly net losses all narrowed from the same period of the previous year. However, the operating loss continued. - FY2023-Q1Quarterly revenue growth and return to profitabilityAnnual report
「As a result, the operating loss was ¥127.672 million. However, the loss was reduced by the recognition of ¥127.574 million in government subsidies for cooperation in measures against COVID-19 as non-operating income, resulting in ordinary income of ¥800,000. In addition, ¥34.155 million in employment adjustment subsidies applied for to offset leave allowances arising from store closures was recorded as an extraordinary gain. An impairment loss of ¥1.268 million was recorded for underperforming stores, and ¥3.501 million was recorded as a provision for store closure losses for losses expected to arise from decisions to close stores. As a result, quarterly net income was ¥28.793 million.」
From substantial operating, ordinary and net losses in the same period of the previous year, the company recorded a 132.0% increase in net sales in the first quarter, ordinary income of ¥800,000 and quarterly net income of ¥28.793 million. However, the operating loss continued. - FY2022Full-year revenue decline and wider operating loss, narrower ordinary and net lossesAnnual report
「Net sales decreased by ¥606.719 million (21.9%) from the previous fiscal year to ¥2,160.716 million. Selling, general and administrative expenses decreased by ¥349.532 million (11.6%) to ¥2,658.883 million, owing to lower variable costs associated with store closures and reductions in fixed costs, including temporary rent reductions. As a result, the operating loss was ¥1,121.601 million. However, the loss was reduced by the recognition of ¥828.107 million in government subsidies for cooperation in measures against COVID-19 as non-operating income, resulting in an ordinary loss of ¥289.571 million.」
Full-year net sales declined 21.9%, and the operating loss widened from ¥989.721 million to ¥1,121.601 million. Meanwhile, government subsidies narrowed the ordinary loss from ¥775.462 million to ¥289.571 million and the net loss from ¥1,054.926 million to ¥391.020 million. - FY2022-Q3Continued revenue decline and wider operating loss, narrower ordinary lossAnnual report
「Net sales decreased by ¥664.147 million (27.8%) from the same quarter of the previous year to ¥1,728.555 million. Selling, general and administrative expenses decreased by ¥382.031 million (16.0%) to ¥1,998.686 million, owing to lower variable costs associated with store closures and reductions in fixed costs, including temporary rent reductions. As a result, the operating loss widened to ¥775.079 million. However, the loss was reduced by the recognition of ¥677.892 million in government subsidies for cooperation in measures against COVID-19 as non-operating income, resulting in an ordinary loss of ¥91.769 million.」
Net sales declined 27.8% year on year and the operating loss widened to ¥775.079 million. Meanwhile, government subsidies resulted in an ordinary loss of ¥91.769 million and a quarterly net loss of ¥125.239 million, both narrower than in the same period of the previous year. - FY2022-Q2Significantly lower revenue, wider operating lossAnnual report
「Net sales decreased by ¥605.539 million (49.8%) from the same quarter of the previous year to ¥610.214 million. Selling, general and administrative expenses decreased by ¥303.649 million (20.3%) to ¥1,190.687 million, owing to lower variable costs associated with store closures and reductions in fixed costs, including temporary rent reductions. As a result, the operating loss was ¥758.002 million.」
In the first half, net sales decreased 49.8% year on year and the operating loss widened to ¥758.002 million. Meanwhile, the ordinary and net losses narrowed from the same period of the previous year due mainly to public subsidies and other factors. - FY2022-Q1Quarterly revenue growth and narrower lossesAnnual report
「Net sales increased by ¥52.511 million (15.1%) from the same quarter of the previous year to ¥399.321 million. Selling, general and administrative expenses decreased by ¥12.799 million (1.9%) to ¥647.044 million, owing to lower variable costs associated with store closures and reductions in fixed costs, including temporary rent reductions. However, the decline in net sales resulted in an operating loss of ¥363.971 million and an ordinary loss of ¥205.565 million.」
Although net sales increased 15.1% year on year and the operating, ordinary and net losses narrowed from the same period of the previous year, the company continued to post substantial losses. - FY2021-Q3Sharp revenue decline; widening lossesAnnual report
「Net sales amounted to ¥2,392.702 million, a decrease of ¥2,334.003 million (49.4%) from the same quarter of the previous year, indicating extremely difficult conditions. Selling, general and administrative expenses decreased by ¥940.989 million (28.3%) to ¥2,380.717 million, owing to lower variable costs associated with store closures and reductions in fixed costs, including rent reductions. However, the company posted substantial losses, with an operating loss of ¥621.482 million and an ordinary loss of ¥604.415 million. In addition, ¥147.060 million in leave allowances arising from store closures was recorded as an extraordinary loss, while ¥143.781 million in employment adjustment subsidies applied for to offset this loss was recorded as an extraordinary gain.」
In the first 3 quarters, net sales decreased 49.4% year on year, resulting in an operating loss of ¥621.482 million and an ordinary loss of ¥604.415 million. Leave allowances and impairment and closure-related losses were also incurred, causing losses to widen. - FY2021-Q2Sharp revenue decline; widening lossesAnnual report
「Net sales amounted to ¥1,215.753 million, a decrease of ¥1,789.516 million (59.5%) from the same quarter of the previous year. Although conditions remained difficult, the overall trend was toward recovery despite regional disparities. Selling, general and administrative expenses decreased by ¥707.971 million (32.1%) to ¥1,494.336 million, owing to lower variable costs associated with store closures and reductions in fixed costs, including temporary rent reductions. However, the company posted substantial losses, with an operating loss of ¥580.966 million and an ordinary loss of ¥565.212 million.」
Net sales amounted to ¥1,215.753 million, down 59.5% from the same quarter of the previous year. Although the overall trend was toward recovery, the company posted an operating loss of ¥580.966 million, an ordinary loss of ¥565.212 million and a quarterly net loss of ¥629.292 million. - FY2021-Q1Substantial revenue and profit declines and widening losses due to COVID-19Annual report
「Net sales amounted to ¥346.809 million, a substantial decrease of ¥1,150.003 million (76.8%) from the same quarter of the previous year. Selling, general and administrative expenses decreased by ¥459.210 million (41.0%) to ¥659.843 million, owing to lower variable costs associated with store closures and reductions in fixed costs, including temporary rent reductions. However, the company posted substantial losses, with an operating loss of ¥390.942 million, compared with operating income of ¥13.950 million in the same quarter of the previous year, and an ordinary loss of ¥382.919 million, compared with ordinary income of ¥11.636 million.」
Due mainly to the closure of all stores, net sales declined 76.8% year on year to ¥346.809 million, resulting in an operating loss of ¥390.942 million, an ordinary loss of ¥382.919 million and a quarterly net loss of ¥409.659 million. - FY2020-Q3Revenue decline, lower profit and substantial decrease in net incomeAnnual report
「Net sales amounted to ¥4,726.705 million, a decrease of ¥332.248 million (6.6%) from the same quarter of the previous year. Operating income decreased by ¥98.722 million (36.2%) to ¥174.286 million. Ordinary income decreased by ¥96.582 million (35.0%) to ¥179.305 million. Quarterly net income was ¥54.358 million, down ¥111.935 million (67.3%) from the same quarter of the previous year.」
For the first 3 quarters, net sales decreased 6.6%, operating income decreased 36.2%, ordinary income decreased 35.0% and quarterly net income decreased 67.3%. Although revenue and profit declined year on year, quarterly net income remained positive. - FY2020-Q2Revenue decline and swing to a quarterly net lossAnnual report
「In terms of performance, net sales amounted to ¥3,005.270 million, a decrease of ¥232.881 million (7.2%) from the same quarter of the previous year, despite maintaining sales at existing stores at the same level as in the previous fiscal year through format changes and intensified advertising. Gross profit decreased by ¥158.333 million (6.7%) to ¥2,222.439 million. Selling, general and administrative expenses decreased by ¥103.027 million (4.5%) owing to lower fixed costs at closed stores, despite higher expenses for intensified advertising and sales promotion and increased one-off costs related to new store openings and format changes. As a result, operating income decreased by ¥55.306 million (73.3%) to ¥20.130 million. Ordinary income decreased by ¥53.229 million (69.4%) to ¥23.437 million. The quarterly net loss was ¥32.740 million, compared with quarterly net income of ¥36.517 million in the same quarter of the previous year, a decrease of ¥69.257 million, due to the recognition of ¥60.704 million in extraordinary losses, including a ¥16.725 million loss on the sale of fixed assets related to store equipment, a ¥26.476 million impairment loss related to stores scheduled for closure and other stores, and a ¥14.245 million provision for store closure losses.」
Although sales at existing stores were at the same level as in the previous fiscal year, net sales declined 7.2% due to store closures. Operating and ordinary income fell substantially, and the company swung to a quarterly net loss. - FY2020-Q1Quarterly revenue decline and swing to a lossAnnual report
「In terms of profit, gross profit was ¥1,105.103 million, down ¥86,741 (7.3%) from the same quarter of the previous year. Selling, general and administrative expenses decreased by ¥43.783 million (3.8%), reflecting lower fixed costs at closed stores despite higher expenses for intensified advertising and sales promotion and increased one-off costs related to new store openings and format changes. However, operating loss was ¥13.950 million, compared with operating income of ¥29.006 million in the same quarter of the previous year, a decrease of ¥42.957 million.」
Although sales at existing stores were at the same level as in the previous fiscal year, lower revenue from store closures and costs related to new store openings and format changes resulted in a shift from operating income in the same period of the previous year to an operating loss. - FY2019Full-year return to profitability and improved profitAnnual report
「As a result, net sales for the fiscal year amounted to ¥6,660.159 million, a decrease of ¥155.044 million (2.3%) from the previous fiscal year. In terms of profit, operating income improved to ¥304.331 million and ordinary income to ¥309.109 million. Net income also improved substantially to ¥249.489 million, an increase of ¥657.914 million from the previous fiscal year.」
Full-year net sales declined 2.3%, while operating income was ¥304.331 million, ordinary income was ¥309.109 million and net income was ¥249.489 million, resulting in a return to full-year profitability from the previous year's net loss. - FY2019-Q3Improved profit, return to net profitability and a slight decline in revenueAnnual report
「Revenue declined slightly by ¥29.729 million, or 0.6%, from the same quarter of the previous year to ¥5,058.954 million. In terms of profit, gross profit increased by ¥30.334 million, or 0.8%, to ¥3,726.939 million owing to optimisation of the cost structure. Although expenses for strengthening sales promotion and store operations increased, selling, general and administrative expenses declined by ¥115.397 million, or 3.2%, owing to lower personnel costs following a review of operating hours and lower fixed costs following store closures, resulting in operating income of ¥273.009 million, an increase of ¥145.732 million, or 114.5%, from the same quarter of the previous year. Ordinary income was ¥275.888 million, an increase of ¥242.431 million, or 724.6%, from the same quarter of the previous year. Quarterly net income was ¥166.293 million, an increase of ¥569.536 million from the same quarter of the previous year.」
Revenue declined 0.6%, but operating income and ordinary income increased 114.5% and 724.6%, respectively, and quarterly net income of ¥166.293 million was recorded, marking a return to profitability from a net loss in the same period of the previous year. - FY2019-Q2Profitability and higher revenue continuedAnnual report
「Existing stores generally achieved higher revenue owing to strengthened sales promotions and other measures, but revenue increased only ¥5.329 million, or 0.2%, from the same quarter of the previous year to ¥3,238.151 million owing to the closure of underperforming stores, which had been pursued since the previous fiscal year. In terms of profit, gross profit increased by ¥40.245 million, or 1.7%, to ¥2,380.772 million. Although expenses for strengthening store operations increased, selling, general and administrative expenses declined by ¥22.343 million, or 1.0%, owing to lower fixed costs following store closures, resulting in operating income of ¥75.437 million, an increase of ¥62.589 million from the same quarter of the previous year. Ordinary income was ¥76.666 million, an increase of ¥159.662 million from the same quarter of the previous year. Quarterly net income was ¥36.517 million, an increase of ¥439.570 million from the same quarter of the previous year, when substantial extraordinary losses were recorded.」
Revenue increased 0.2% from the same quarter of the previous year, while operating income, ordinary income and quarterly net income were ¥75.437 million, ¥76.666 million and ¥36.517 million, respectively, continuing the return to profitability from losses in the previous year. - FY2019-Q1Quarterly return to profitability and higher revenueAnnual report
「Existing stores generally achieved higher revenue owing to strengthened sales promotions and other measures, but revenue increased only ¥4.749 million, or 0.3%, from the same quarter of the previous year to ¥1,612.199 million owing to the closure of underperforming stores, which had been pursued since the previous fiscal year. In terms of profit, gross profit increased by ¥28.827 million, or 2.5%, to ¥1,191.844 million. Although expenses for sales promotion and strengthening store operations increased, selling, general and administrative expenses declined by ¥13.578 million, or 1.2%, owing to lower fixed costs following store closures, resulting in operating income of ¥29.006 million, an increase of ¥42.405 million from the same quarter of the previous year.」
Total revenue increased 0.3% year on year owing to higher sales at existing stores, and operating income, ordinary income and quarterly net income all returned to profitability. - FY2018Revenue continued to decline; operating and ordinary income improved, but net loss continuedAnnual report
「As a result, revenue for the fiscal year was ¥6,815.203 million, a decrease of ¥477.567 million, or 6.5%, from the previous fiscal year. In terms of profit, gross profit declined by ¥356.597 million, or 6.7%, to ¥4,966.648 million owing to the decline in revenue, but selling, general and administrative expenses declined by ¥483.569 million to ¥4,778.111 million, resulting in operating income of ¥188.536 million, an increase of ¥126.972 million from the previous fiscal year. Ordinary income was ¥93.485 million, an increase of ¥49.149 million, owing to non-operating expenses totalling ¥105.841 million, including ¥80.609 million in commission fees.」
Full-year revenue declined 6.5%, while operating income and ordinary income improved to ¥188.536 million and ¥93.485 million, respectively. However, net loss of ¥408.424 million for the fiscal year continued. - FY2018-Q3Revenue continued to decline; operating income improved substantially, but net loss continuedAnnual report
「Existing stores were moving from declining to rising revenue as a result of strengthened sales promotions and other measures, but revenue declined by ¥481.954 million, or 8.7%, to ¥5,088.683 million owing to lost revenue from closed stores. In terms of profit, gross profit declined by ¥364.805 million, or 9.0%, from the same quarter of the previous year, but selling, general and administrative expenses declined by ¥472.024 million, or 11.7%, to ¥3,569.327 million owing to cost reductions and the closure of underperforming stores, resulting in operating income of ¥127.276 million, an increase of ¥107.219 million, or 534.6%, from the same quarter of the previous year.」
Revenue declined 8.7%, while operating income improved substantially to ¥127.276 million owing to cost reductions and the closure of underperforming stores. Quarterly net loss of ¥403.242 million continued owing to the impact of extraordinary losses. - FY2018-Q2Revenue continued to decline and operating income turned positive, but ordinary loss widenedAnnual report
「Existing stores were beginning to emerge from their declining revenue trend, but revenue declined by ¥380.314 million, or 10.5%, to ¥3,232.822 million owing to lost revenue from closed stores. In terms of profit, gross profit declined by ¥315.276 million from the same quarter of the previous year, but selling, general and administrative expenses declined by ¥400.810 million, or 14.7%, to ¥2,327.679 million owing to the closure of underperforming stores and other factors, resulting in operating income of ¥12.847 million, an increase of ¥85.534 million from the same quarter of the previous year. However, ordinary loss increased by ¥10.488 million to ¥82.995 million owing to the recording of ¥80.609 million in commission fees under non-operating expenses and other factors.」
Existing stores were said to be emerging from their declining revenue trend, but total revenue declined 10.5%. Operating results turned from a loss in the same quarter of the previous year to a profit of ¥12.847 million, while ordinary loss widened to ¥82.995 million. - FY2018-Q1Declining revenue, ordinary loss and widening net lossAnnual report
「Existing stores continued to experience declining revenue, and store closures also progressed, resulting in revenue of ¥1,607.450 million, down ¥216.233 million, or 11.9%, from the same quarter of the previous year. In terms of profit, selling, general and administrative expenses declined by ¥193.957 million, or 14.2%, to ¥1,176.416 million owing to the closure of underperforming stores and other factors, improving operating loss by ¥23.802 million to ¥13.399 million. However, ordinary loss increased by ¥56.416 million to ¥93.901 million owing to the recording of ¥80.609 million in commission fees under non-operating expenses.」
Revenue declined 11.9% year on year. Operating loss improved, while ordinary loss widened owing to the recording of commission fees, and quarterly net loss was ¥324.200 million. - FY2017Substantial full-year declines in revenue and profit, with net loss wideningAnnual report
「As a result, revenue for the fiscal year was ¥7,292.771 million, a decrease of ¥931.658 million, or 11.3%, from the previous fiscal year. In terms of profit, operating income was ¥61.563 million, down ¥272.939 million from the previous fiscal year, and ordinary income was ¥44.335 million, down ¥290.282 million, both substantially below the previous fiscal year's levels. Net loss for the fiscal year was ¥502.840 million.」
Full-year revenue declined 11.3% and operating income and ordinary income declined 81.6% and 86.8%, respectively, while net loss for the fiscal year widened to ¥502.840 million. - FY2017-Q3Substantial declines in revenue and profit, with net loss continuingAnnual report
「Business performance has not improved from its company-wide declining revenue trend, owing to weaker consumption of alcoholic beverages, increased sales of alcoholic beverages by businesses in other sectors and the continuing shift toward lower prices. In response to lower prices, we are also seeking to increase customer numbers at our core Shinaya format by adjusting the average spend per customer, namely encouraging lower spending per customer, but customer numbers have not yet increased, resulting in a further decline in revenue.」
Third-quarter cumulative revenue was ¥5,570.637 million, down 11.4% year on year, operating income was ¥20.057 million, down 93.6%, and quarterly net loss was ¥434.989 million. - FY2017-Q2Turned to a loss and loss widenedAnnual report
「In terms of profit, selling, general and administrative expenses declined to ¥2,728.489 million from the same quarter of the previous year, but this was insufficient to offset the decline in gross profit. Operating loss was ¥72.686 million and ordinary loss was ¥72.506 million, both below the levels recorded in the same quarter of the previous year. In addition, we recorded total extraordinary losses of ¥280.375 million, including ¥40.326 million in provisions for store-closing losses related to the previously mentioned closed stores and ¥225.487 million in impairment losses on underperforming stores and other assets. In light of a quarterly net loss before tax of ¥352.872 million and a downward revision to the full-year earnings forecast, we reversed deferred tax assets, resulting in a quarterly net loss of ¥448.120 million and a substantial decline in profit.」
Operating income and ordinary income in the same quarter of the previous year turned into operating and ordinary losses, while quarterly net loss widened to ¥448.120 million. Store-closure-related losses, impairment losses and the reversal of deferred tax assets also reduced profit. - FY2017-Q1Deterioration in resultsAnnual report
「Selling, general and administrative expenses declined to ¥1,370.374 million from the same quarter of the previous year, but this was insufficient to offset the decline in gross profit. Operating loss was ¥37.201 million, ordinary loss was ¥37.485 million and quarterly net loss was ¥33.975 million, all below the levels recorded in the same quarter of the previous year.」
Operating income, ordinary income and quarterly net income in the same quarter of the previous year turned into losses in the current quarter. Revenue was ¥1,823.683 million, down 8.8% year on year. - FY2016First statedAnnual report
「Existing stores are experiencing an increasingly pronounced decline in revenue. In terms of profit, we worked to reduce expenses, including through appropriate personnel-cost management following a review of operating hours, but this was insufficient to offset the decline in gross profit, and both operating income and ordinary income remained below the previous fiscal year's levels.」
The decline in sales at existing stores and operating income and ordinary income below the previous year's levels are described as the current period's operating conditions.