Pressure on Profits from Store-Opening Costs and Earthquake Response Costs
First written in FY2017-Q1. 5 of 6 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2018-Q3.
Arigatou Services moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2018-Q3MaterialisedAnnual report
「During the cumulative third quarter under review, opening two stores in Matsuyama, Ehime Prefecture, Ore no French Matsuyama and Pelta Lecran, made a significant contribution. As a result, revenue increased to ¥2,119,730 thousand, up 11.9% year on year, but segment profit (operating profit) was ¥65,629 thousand, down 4.9%, due to the higher costs of opening the new stores.」
The costs of opening the new stores were incurred, and while revenue in the food service business increased 11.9% year on year, segment profit declined 4.9%. - FY2018-Q2MaterialisedAnnual report
「(Food service business) During the cumulative second quarter under review, opening two stores in Matsuyama, Ehime Prefecture, Ore no French Matsuyama and Pelta Lecran, made a significant contribution to sales. As a result, revenue increased to ¥1,460,490 thousand, up 11.0% year on year, but segment profit (operating profit) was ¥69,130 thousand, down 15.0%, due to the higher costs of opening the new stores.」
The costs of opening the new stores were incurred, and while revenue in the food service business increased 11.0% year on year, segment profit declined 15.0%. - FY2018-Q1MaterialisedAnnual report
「(Food service business) During the cumulative first quarter, the opening of 2 stores, Ore no French Matsuyama and Pelta Lecran, in Matsuyama, Ehime Prefecture, made a significant contribution. As a result, revenue rose 7.4% year on year to ¥707.954 million, but higher costs associated with opening the new stores resulted in segment profit (operating profit) of ¥23.018 million, down 34.5%.」
Costs associated with opening new stores increased, resulting in a 34.5% year-on-year decline in segment profit for the food service business. - FY2017-Q3MaterialisedAnnual report
「As a result, although revenue from contract services for leisure facilities disappeared, the new business format proved successful and cumulative third-quarter revenue rose to ¥1,894.316 million, up 3.2% year on year. However, higher initial investment costs resulted in segment profit (operating profit) of ¥69.003 million, down 27.0%.」
Higher initial investment costs for the new business format caused segment profit in the food service business to fall 27.0% year on year. The company also recorded a disaster loss of ¥28.753 million for earthquake-response costs. - FY2017-Q2MaterialisedAnnual report
「Losses from natural disasters」
The company recorded a disaster loss of ¥28.753 million for repair costs and other expenses related to store facilities damaged in the Kumamoto earthquake, with the cost burden of earthquake response continuing to be reflected in the actual results. - FY2017-Q1First statedAnnual report
「Cumulative first-quarter revenue increased 5.5% year on year to ¥2,159.636 million. However, higher expenses associated with store openings and earthquake response resulted in operating profit of ¥107.712 million, down 16.0%, ordinary profit of ¥116.936 million, down 9.4%, and net profit for the quarter of ¥68.908 million, down 20.4%.」
Higher expenses associated with store openings and earthquake response were reflected in the actual results as factors behind declines in operating profit, ordinary profit and net profit for the quarter.