Komori
Happiness and D (3174) · InitiativeAdvanced

Store portfolio restructuring through new openings and closure of underperforming stores

First written in FY2016-Q3. 37 of 44 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-15.

44entries
11years
7from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2018-Q1 – FY2022-Q1AdvancedFY2022-Q3 – FY2026-H12016: 220162017: 420172018: 420182019: 220192020: 420202021: 420212022: 420222023: 420232024: 420242025: 320252026: 92026
Same theme, other companies
Location- and profitability-focused store openings and the streamlining of unprofitable storesA theme 72 companies write about · 2 as a headwind · 78 as a tailwind

47 other companies' latest entry also says "Advanced".

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. 2026-10-15AdvancedEarnings

    「また、店舗の出退店につきましては、新規出店はございませんが、定期賃貸借契約満了店舗3店舗及び中途解約店舗2店舗を閉店といたしました。これによりAbHeri直営店3店舗を加えますと、当連結会計年度末現在の当社グループ店舗数は55店舗となっております。」

    新規出店を行わず、5店舗を閉店し、グループ店舗数を55店舗とした実績を記載している。
  2. 2026-10-03Advancedwww.nikkei.com

    「ハピネス&D: Notice of the closure of the Company's Kumamoto store」

    As the closure of the Kumamoto store was newly announced, the replacement and downsizing of the store network has moved forward in concrete terms.
  3. FY2026-H1AdvancedAnnual report

    「Regarding store openings and closures, we opened no new stores but closed 2 stores whose fixed-term lease agreements had expired. Including 3 directly operated AbHeri stores, the Group store count was 58 as of the end of February 2026.」

    Opened no new stores, closed 2 stores whose fixed-term lease agreements had expired, and reduced the Group store count, including 3 directly operated AbHeri stores, from 74 at the end of the previous interim period to 58.
  4. FY2025AdvancedAnnual report

    「Regarding store openings and closures, we restrained new store openings while closing 14 unprofitable stores. As a result, the standalone store count was 57 as of the end of the fiscal year ending August 2025, or 64 including stores whose final business day was the end of August. Including 3 directly operated AbHeri stores, the Group store count was 60.」

    Following the closure of 17 stores in the previous fiscal year, closed 14 unprofitable stores during the current fiscal year, reducing the store network to 57 Happiness stores on a standalone basis and 60 stores for the Group.
  5. FY2025-H1AdvancedAnnual report

    「There were no new store openings or consolidations. Including 3 directly operated AbHeri stores, the Group store count was 74 as of the end of February 2025, unchanged from the end of the previous fiscal year.」

    Made no new store openings or consolidations during the interim period, leaving the Group store count, including 3 directly operated AbHeri stores, unchanged at 74 from the end of the previous fiscal year.
  6. FY2025-H1AdvancedAnnual report

    「We also decided to close additional unprofitable stores in the second half of the fiscal year ending August 2025. Including closures due to the expiration of lease terms, we will close 5 stores.」

    Following the closure of 17 stores in the previous fiscal year, decided to close an additional 5 stores in the second half of the fiscal year ending August 2025, advancing the rationalization of the store portfolio.
  7. FY2024AdvancedAnnual report

    「We also closed 17 unprofitable stores and proceeded with the rationalization and consolidation of our store network to improve profitability. As part of the consolidation and renovation of stores, we closed Hiroshima Fuchu store in September; Toyama Favore store in October; Kisogawa, Kashima, Wakayama, Nobeoka, Fukuoka and Sakai-Kitahanada stores in November; Shin-Misato and Kusatsu stores in January; Makuhari Shintoshin store in February; Onoda store in April; Zama store in May; Hamamatsu store in July; and Chiba New Town, Sapporo and Ayagawa stores, with the end of August as their final business day.」

    Closed 17 unprofitable stores during the full fiscal year, advancing the rationalization and consolidation of the store network beyond the previous fiscal year. The year-end Happiness and Day store count was 71.
  8. FY2024-Q3AdvancedAnnual report

    「We also closed 13 unprofitable stores and proceeded with the rationalization and consolidation of our store network to improve profitability. As part of the consolidation and renovation of stores, we closed Hiroshima Fuchu store in September; Toyama Favore store in October; Kisogawa, Kashima, Wakayama, Nobeoka, Fukuoka and Sakai-Kitahanada stores in November; Shin-Misato and Kusatsu stores in January; Makuhari Shintoshin store in February; Onoda store in April; and Zama store in May. Including 3 directly operated AbHeri stores, the Group store count was 78 as of the end of May 2024.」

    Advanced the closure of unprofitable stores from 11 in the previous quarter to 13, additionally closing Onoda store in April and Zama store in May. The Group store count fell from 80 to 78.
  9. FY2024-Q2AdvancedAnnual report

    「We also closed 11 unprofitable stores and proceeded with the rationalization and consolidation of our store network to improve profitability. As part of the consolidation and renovation of stores, we closed Hiroshima Fuchu store in September; Toyama Favore store in October; Kisogawa, Kashima, Wakayama, Nobeoka, Fukuoka and Sakai-Kitahanada stores in November; Shin-Misato and Kusatsu stores in January; and Makuhari Shintoshin store in February. Including 3 directly operated AbHeri stores, the Group store count was 80 as of the end of February 2024.」

    Advanced the closure of unprofitable stores from the plan and implementation through the previous quarter to 11 stores, and identified the specific stores targeted for closure. The Group store count fell from 83 to 80.
  10. FY2024-Q1AdvancedAnnual report

    「We also closed the planned 8 unprofitable stores and proceeded with the rationalization and consolidation of our store network to improve profitability. As part of the consolidation and renovation of stores, we closed Hiroshima Fuchu store in September; Toyama Favore store in October; and Kisogawa, Kashima, Wakayama, Nobeoka, Fukuoka and Sakai-Kitahanada stores in November. Including 3 directly operated AbHeri stores, the Group store count was 83 as of the end of November.」

    Carried out the planned closure of 8 unprofitable stores and identified the stores targeted for closure. The Group store count, including 3 directly operated AbHeri stores, was 83.
  11. FY2023AdvancedAnnual report

    「As part of our store expansion, we opened Toki store in Gifu Prefecture in October and Toyokawa store in Aichi Prefecture and Kashihara store in Nara Prefecture in April, and closed Nagakute store in January. …We also decided to close 10 unprofitable stores in the fiscal year ending August 2024 and strengthened initiatives to improve profitability.」

    Opened 3 stores, Toki, Toyokawa and Kashihara, and closed Nagakute store. In addition, decided to close 10 unprofitable stores in the fiscal year ending August 2024, giving concrete form to the store portfolio rationalization.
  12. FY2023-Q3AdvancedAnnual report

    「As part of our store expansion, we opened Toki store in Gifu Prefecture in October and Toyokawa store in Aichi Prefecture and Kashihara store in Nara Prefecture in April, and closed Nagakute store in Aichi Prefecture in January. To revitalize existing stores, we relocated and renovated Kitami store in October and renovated Yamato-Koriyama, Hanyu, Niihama, Akita and Kurashiki stores. Including 3 directly operated AbHeri stores, the Group store count was 91 as of the end of May.」

    Opened 3 stores, Toki, Toyokawa and Kashihara, and closed Nagakute store. Also relocated and renovated Kitami store and renovated 5 stores, bringing the Group store count, including 3 directly operated AbHeri stores, to 91.
  13. FY2023-Q2AdvancedAnnual report

    「As part of our store expansion, we opened Toki store in Gifu Prefecture in October and closed Nagakute store in Aichi Prefecture in January. To revitalize existing stores, we relocated and renovated Kitami store in October. Including 3 directly operated AbHeri stores, the store count for the Group was 89 as of the end of February.」

    Opened Toki store, closed Nagakute store, relocated and renovated Kitami store, and, including 3 directly operated AbHeri stores, brought the Group store count to 89.
  14. FY2023-Q1AdvancedAnnual report

    「As part of our store expansion, we opened Toki store in Gifu Prefecture in October. To revitalize existing stores, we relocated and renovated Kitami store in October. As a result, the store count was 87 as of the end of November.」

    Opened Toki store and relocated and renovated Kitami store, bringing the store count from 86 at the end of the previous fiscal year to 87.
  15. FY2022AdvancedAnnual report

    「As part of our store expansion, we opened 4 stores: Sapporo Naebo store in Hokkaido, Tottori Kita store and Hiezu store in Tottori Prefecture in November, and Shijonawate store in Osaka Prefecture in April. As a result, the store count was 86 at the end of the fiscal year.」

    Opened 4 new stores, bringing the year-end store count to 86.
  16. FY2022-Q3AdvancedAnnual report

    「As part of our store expansion, we opened 4 stores: Sapporo Naebo store in Hokkaido, Tottori Kita store and Hiezu store in Tottori Prefecture in November, and Shijonawate store in Osaka Prefecture in April. To revitalize existing stores, we expanded and renovated Natori store and relocated and renovated Tendo store in October, relocated and renovated Kushiro store in April, and renovated Yahatahigashi store. As a result, the store count was 86 as of the end of May.」

    Expanded from opening 3 stores through the previous quarter to opening 4 stores, Sapporo Naebo, Tottori Kita, Hiezu and Shijonawate, and additionally carried out renovations and relocations, bringing the store count to 86.
  17. FY2022-Q2RestatedAnnual report

    「As part of our store expansion, we opened 3 stores in November: Sapporo Naebo store in Hokkaido, Tottori Kita store in Tottori Prefecture and Hiezu store in Tottori Prefecture.」

    Opened 3 stores, Sapporo Naebo, Tottori Kita and Hiezu, and reconfirmed the store count of 85 as of the end of February.
  18. FY2022-Q1AdvancedAnnual report

    「As part of our store expansion, we opened 3 stores in November: Sapporo Naebo store in Hokkaido, Tottori Kita store in Tottori Prefecture and Hiezu store in Tottori Prefecture.」

    Opened 3 stores, Sapporo Naebo, Tottori Kita and Hiezu, bringing the store count at the end of November to 85.
  19. FY2021AdvancedAnnual report

    「As part of our store expansion, we opened Kamiso store in Hokuto, Hokkaido, in December 2020; Shin-Rifu store in Miyagi Prefecture in March 2021; Kawaguchi store in Saitama Prefecture in May; and Asahikawa Nishi store in Hokkaido and Hakusan store in Ishikawa Prefecture in July of the same year. Kawaguchi store is a flagship store based on the concept of “the best customer service, the latest facilities and the widest product selection,” carrying products in new categories, including tableware, and is also positioned as a training and education store. …We closed a total of 7 stores. In addition, we closed AEON Mall Kawaguchi Maekawa store in May in conjunction with the opening of Kawaguchi store. As a result, the store count stood at 82 at the end of the fiscal year.」

    Opened 5 stores while closing 7 stores, including Parfait stores, and the former Kawaguchi Maekawa store, increasing the store count from 80 to 82. Store portfolio management is taking shape, including the positioning of the flagship store as a training and education store.
  20. FY2021-Q3AdvancedAnnual report

    「In December 2020, we opened Kamiso store in Hokuto, Hokkaido; in March 2021, Shin-Rifu store in Miyagi Prefecture; and in May of the same year, Kawaguchi store in Saitama Prefecture. Kawaguchi store is positioned as our flagship store, based on the concept of “the best customer service, the latest facilities and the widest product selection,” and carries products in new categories, including tableware. …We closed a total of 7 stores. In addition, we closed the store at AEON Mall Kawaguchi Maekawa in May in conjunction with the opening of Kawaguchi store. As a result, the store count stood at 80 at the end of the cumulative third quarter.」

    Opened 3 stores, Kamiso, Shin-Rifu and Kawaguchi, while closing 8 underperforming stores, including 5 Parfait stores, reducing the store count from 82 to 80. The rollout of the flagship store and new product categories is also taking shape.
  21. FY2021-Q2AdvancedAnnual report

    「Regarding store expansion, we opened Kamiso in Hokuto, Hokkaido, in December 2020. To revitalize existing stores, we relocated and renovated Nagoya Chaya in September and Okazaki and Kyoto Katsuragawa in October within the same facilities. Meanwhile, based on the decision made at the end of the previous fiscal year to close underperforming stores, we closed 4 stores: Le Bonheur Parfait Aeon LakeTown mori and Kasukabe in January 2021, and Natori and Chatan in February. As a result, the number of stores at the end of the cumulative second-quarter period was 82.」

    Opened Kamiso store, relocated and renovated 3 stores, and closed 4 underperforming stores, bringing the store count to 82.
  22. FY2021-Q1AdvancedAnnual report

    「Regarding store expansion, there were no openings or closures during the cumulative first-quarter period, so the number of stores as of the end of November was 85. However, we opened Kamiso in Hokuto, Hokkaido, in early December. To revitalize existing stores, we also carried out relocation and renovation within the same facilities at Nagoya Chaya in September and Okazaki and Kyoto Katsuragawa in October.」

    There were no store openings or closures during the first quarter, but we opened Kamiso in early December and also carried out relocation and renovation work at 3 stores.
  23. FY2020AdvancedAnnual report

    「Regarding store expansion, we opened 7 stores in total: Le Bonheur Parfait Tsudanuma Parco and Kisogawa in September 2019, Chatan and Toyama Favore in October 2019, Akishima Moritown in December 2019, and Niigata Minami and Sakai-Kitahanada in March 2020. We also renovated Takaoka and Tsunan to revitalize existing stores. In addition, we decided to relocate Ibaraki to Sakai-Kitahanada, which opened in March 2020, and closed Ibaraki at the end of February 2020. We also closed Hiroshima Gion in August 2020, bringing the number of stores at the end of the fiscal year to 85.」

    While opening 7 new stores during the fiscal year, we closed Ibaraki and Hiroshima Gion, leaving 85 stores at year-end. Store portfolio management combining new openings with closures of underperforming and relocated stores continues.
  24. FY2020-Q3AdvancedAnnual report

    「Regarding store expansion, we opened 7 stores in total: Le Bonheur Parfait Tsudanuma Parco and Kisogawa in September, Chatan and Toyama Favore in October, Akishima Moritown in December, and Niigata Minami and Sakai-Kitahanada in March. This was our first opening in a Parco facility. We also renovated Takaoka and Tsunan to revitalize existing stores. In addition, we decided to relocate Ibaraki to Sakai-Kitahanada, which opened in March, and closed Ibaraki at the end of February. As a result, the number of stores at the end of the cumulative third-quarter period was 86.」

    New openings increased from 5 in the previous quarter to 7 cumulatively. We also renovated 2 existing stores and relocated and closed Ibaraki in favor of Sakai-Kitahanada, bringing the year-end store count to 86.
  25. FY2020-Q2AdvancedAnnual report

    「Regarding store expansion, we opened 5 stores in total: Le Bonheur Parfait Tsudanuma Parco and Kisogawa in September, Chatan and Toyama Favore in October, and Akishima Moritown in December. This was our first opening in a Parco facility. We also renovated Takaoka and Tsunan to revitalize existing stores. In addition, we decided to relocate Ibaraki to Sakai-Kitahanada, which opened in March, and closed Ibaraki at the end of February. As a result, the number of stores at the end of the second quarter was 84.」

    We opened 5 new stores and renovated 2 stores, while advancing the store portfolio rotation by closing Ibaraki and relocating it to Sakai-Kitahanada, bringing the total to 84.
  26. FY2020-Q1AdvancedAnnual report

    「Regarding store expansion, we opened 4 stores in total: Le Bonheur Parfait Tsudanuma Parco and Kisogawa in September, and Chatan and Toyama Favore in October. This was our first opening in a Parco facility. We also renovated Takaoka to revitalize the existing store network.」

    We opened 4 new stores, achieved our first opening in a Parco facility, and also renovated Takaoka.
  27. FY2019-Q3AdvancedAnnual report

    「Regarding store expansion, we opened Tsunan in November, Le Bonheur Parfait Tressa Yokohama in March, and Le Bonheur Parfait Natori and Kasukabe in April. We also decided to open a store at Tsudanuma Parco this September, our first opening in a fashion building.」

    We opened Tsunan and 3 stores under the new format, and also decided to open at Tsudanuma Parco in September.
  28. FY2019-Q2AdvancedAnnual report

    「Regarding store expansion, we opened Tsunan in November and renovated 6 existing stores—Shimozuma, Nagaoka, Kofu Showa, Matsumoto, Shin-Komatsu, and Nagakute—to revitalize the existing store network.」

    We opened Tsunan in November while also advancing the revitalization of existing stores.
  29. FY2018AdvancedAnnual report

    「Regarding store expansion, we opened Matsumoto (Nagano Prefecture), Okayama (Okayama Prefecture), Tsugaru Kashiwa (Aomori Prefecture), and Kofu Showa (Yamanashi Prefecture) in the first half, and Zama (Kanagawa Prefecture), Fujimi (Saitama Prefecture), and Iwaki Onahama (Fukushima Prefecture) in the second half. These were our first store openings in Nagano, Yamanashi, Kanagawa, and Fukushima prefectures. We also opened Le Bonheur Parfait Aeon LakeTown mori, the first store under our new format centered on bags and accessories. As a result, we opened 8 new stores during the fiscal year, bringing the number of stores at year-end to 77.」

    During the fiscal year, we opened 8 new stores, entered Nagano, Yamanashi, Kanagawa, and Fukushima prefectures for the first time, opened the first store under a new format, and increased the year-end store count to 77.
  30. FY2018-Q3AdvancedAnnual report

    「Regarding store expansion, we opened 4 stores in the first half: Matsumoto, Okayama, Tsugaru Kashiwa, and Kofu Showa. In the second half, we opened Zama in March. We also opened Le Bonheur Parfait Aeon LakeTown mori in March, the first store under our new format centered on bags and accessories.」

    We opened 4 stores in the first half, followed by Zama and the first store under the new format in the second half, advancing the rotation and expansion of the store portfolio.
  31. FY2018-Q2AdvancedAnnual report

    「Regarding store expansion, we made proactive investments ahead of the year-end and New Year shopping season, opening 4 new stores: Matsumoto, Okayama, Tsugaru Kashiwa, and Kofu Showa. To revitalize existing stores, we renovated a total of 12 stores, including the expansion of Makuhari Shintoshin, the relocation and renovation of Miyazaki and Paruna, and the installation of open display fixtures and creation of watch sections at Kagoshima, Fukuoka, and other stores.」

    Ahead of the year-end and New Year shopping season, we opened 4 new stores and renovated 12 existing stores, including through expansions, relocation and renovation, fixture installation, and the creation of watch sections.
  32. FY2018-Q1AdvancedAnnual report

    「Regarding store expansion, we made proactive investments ahead of the year-end and New Year shopping season, opening 4 new stores: Matsumoto, Okayama, Tsugaru Kashiwa, and Kofu Showa. We also renovated 6 existing stores, including by expanding Makuhari Shintoshin and relocating Miyazaki.」

    Ahead of the year-end and New Year shopping season, we opened 4 new stores and renovated 6 existing stores.
  33. FY2017RestatedAnnual report

    「Regarding store expansion, we opened 7 new stores: Fujinomiya (Shizuoka Prefecture) and Tsuchiura (Ibaraki Prefecture) in September, Hiroshima Fuchu (Hiroshima Prefecture) in November, Nagakute (Aichi Prefecture) in December, and Shin-Komatsu (Ishikawa Prefecture), Kumamoto (Kumamoto Prefecture), and Tokushima (Tokushima Prefecture) in March and April. All were opened in the large-scale Aeon Mall shopping center chain. Meanwhile, as a measure for underperforming stores, we closed 4 stores: Ageo (Saitama Prefecture), Yono (Saitama Prefecture), Izumi (Osaka Prefecture), and Toin (Mie Prefecture). As a result, the number of stores at the end of the fiscal year was 69.」

    The full-year results confirm 7 new store openings and 4 closures of underperforming stores, leaving 69 stores.
  34. FY2017-Q3AdvancedAnnual report

    「Regarding store expansion, we opened 7 new stores: Fujinomiya (Shizuoka Prefecture), Tsuchiura (Ibaraki Prefecture), Hiroshima Fuchu (Hiroshima Prefecture), Nagakute (Aichi Prefecture), Shin-Komatsu (Ishikawa Prefecture), Kumamoto (Kumamoto Prefecture), and Tokushima (Tokushima Prefecture), all in the large-scale Aeon Mall shopping center chain. Meanwhile, as a measure for underperforming stores, we closed 4 stores: Ageo (Saitama Prefecture), Yono (Saitama Prefecture), Izumi (Osaka Prefecture), and Toin (Mie Prefecture). As a result, the number of stores at the end of the third quarter was 69.」

    During the first 3 quarters, we opened 7 new stores and closed 4 underperforming stores, leaving 69 stores.
  35. FY2017-Q2AdvancedAnnual report

    「Regarding store expansion, we opened 4 new stores: Fujinomiya (Shizuoka Prefecture), Tsuchiura (Ibaraki Prefecture), Hiroshima Fuchu (Hiroshima Prefecture), and Nagakute (Aichi Prefecture), all in the large-scale Aeon Mall shopping center chain. Meanwhile, as a measure for underperforming stores, we closed Ageo (Saitama Prefecture) and Yono (Saitama Prefecture). As a result, the number of stores at the end of the second quarter was 68.」

    We opened 4 new stores and closed 2 underperforming stores, reducing the total from 69 at the end of the first quarter to 68.
  36. FY2017-Q1AdvancedAnnual report

    「During the fiscal year, we focused on selectively opening new stores, strengthening measures for existing stores, enhancing our corporate image and establishing our proprietary product brands, and expanding our e-commerce business. Regarding store expansion, we opened 3 new stores: Fujinomiya (Shizuoka Prefecture), Tsuchiura (Ibaraki Prefecture), and Hiroshima Fuchu (Hiroshima Prefecture). As a result, the number of stores at the end of the first quarter was 69.」

    Selective new openings and measures for existing stores were key priorities. We opened 3 new stores during the quarter, bringing the total to 69.
  37. FY2016SoftenedAnnual report

    「However, for the time being, in light of the operating environment, we will prioritize revitalizing existing stores and selectively pursue new openings.」

    While maintaining its policy of expanding the store network through new openings, the company states that it will prioritize revitalizing existing stores and be selective about new openings for the time being.
  38. FY2016-Q3First statedAnnual report

    「Regarding store expansion, we opened 4 new stores: Hiroshima Gion and Iwata in September, Shin-Misato in November, and Tokoname in April. Tokoname is located in AEON Mall Tokoname, adjacent to Chubu Centrair International Airport, where inbound demand is expected. As part of our measures for underperforming stores, we closed 3 stores: Futtsu in January, and Okegawa and Washinomiya in March. As a result, we had 66 stores at the end of the third quarter.」

    New store openings and closures of underperforming stores were carried out concurrently, leaving 66 stores at the end of the quarter.
Moved together

"Reconfiguring sales floors through store renovations, relocations and expansions" moved the same way as this thread, in the same document, in 26 of its 43 moves.

2614121099★123456
  1. ★This thread
  2. 1Reconfiguring sales floors through store renovations, relocations and expansions26×
  3. 2Strengthening recruitment and employee development14×
  4. 3Strengthening the product range around affordable products and strong-performing brands12×
  5. 4Developing diverse store formats and new business formats10×
  6. 5Full-scale launch of e-commerce and expansion of sales channels9×
  7. 6Collection risk for deposits placed with shopping-center operators9×

★ 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
Happiness and D's next results are scheduled for 2026-10-15. Read the earnings preview It last moved in the Earnings of 2026-10-15: "Advanced".