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SLD Entertainment (3223) · RiskMaterialised

Constraints on Store Plans from Site Conditions, Closure Costs and Labor Shortages

First written in FY2016. 7 of 11 entries say "Restated". Latest entry: 2026-10-15.

11entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20252016: 120162017: 120172018: 120182019: 020192020: 120202021: 120212022: 120222023: 020232024: 020242025: 120252026: 42026
Same theme, other companies
Cost and Loss Risks Associated with New Store Openings and Store ClosuresA theme 14 companies write about · 14 as a headwind · 0 as a tailwind

SLD Entertainment moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).

The whole theme swung hardest in 2018: 5 of 11 companies on the "Worse" side.

6 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.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-15MaterialisedRevision of earnings forecasts

    「予定していた店舗運営受託案件の開始時期の遅延、および予期していない店舗の退店等により、前回公表予想を下回る見込みとなりました。」

    店舗運営受託案件の開始遅延と予期していない店舗の退店が、店舗計画上の業績下振れ要因として記載された。
  2. FY2027-H1MaterialisedAnnual report

    「Recorded an impairment loss of ¥3 million following the closure of company-operated stores upon the expiration of their fixed-term building lease agreements.」

    Company-operated stores were actually closed upon the expiration of fixed-term building lease agreements, and impairment losses were recorded. Constraints on planning and the resulting costs associated with store withdrawals and closures have become apparent.
  3. FY2026RestatedAnnual report

    「We may change the format of, or close, underperforming stores and other stores based on monthly profit and loss by store and our store closure criteria. As a result, the disposal of fixed assets, penalties for terminating various contracts and restoration costs at closure may be higher than expected.」

    The Company continues to disclose risks to store development plans, including difficulty securing properties and fixed-asset disposals, penalties and restoration costs associated with format changes and store closures.
  4. 2026-04-14WorsenedRevision of earnings forecasts

    「We were unable to establish an optimal personnel management structure for new store openings, and the labor-cost ratio remained above the previous published forecast.」

    The failure to establish a personnel management structure for new store openings created specific operational constraints in staffing stores under the expansion plan.
  5. FY2025RestatedAnnual report

    「In connection with new store openings, if the recruitment and training of employees for the relevant store cannot keep pace, or if the employee turnover rate rises substantially, the store opening plan may not proceed as planned.」

    The Company continues to disclose constraints on store opening plans arising from difficulty securing properties, closure costs, delays in recruitment and training, and higher employee turnover.
  6. FY2022RestatedAnnual report

    「We may change the format of, or close, underperforming stores and other stores based on monthly profit and loss by store and our store closure criteria. As a result, the disposal of fixed assets, penalties for terminating various contracts and restoration costs at closure may be higher than expected.」

    The Company continues to disclose the risks of fixed-asset disposals, penalties and restoration costs associated with changing the format of or closing unprofitable stores.
  7. FY2021RestatedAnnual report

    「For new store openings, we determine candidate locations after comprehensively considering site conditions, lease terms and the investment recovery period. Accordingly, we may be unable to secure properties that meet our requirements. We may also change the format of, or close, underperforming stores and other stores based on monthly profit and loss by store and our store closure criteria. As a result, the disposal of fixed assets, penalties for terminating various contracts and restoration costs at closure may be higher than expected.」

    The Company continues to disclose constraints on store development plans arising from difficulty securing properties, costs associated with format changes and store closures, and staffing shortages.
  8. FY2020RestatedAnnual report

    「We may change the format of, or close, underperforming stores and other stores based on monthly profit and loss by store and our store closure criteria. As a result, the disposal of fixed assets, penalties for terminating various contracts and restoration costs at closure may be higher than expected.」

    The Company continues to disclose the risks of fixed-asset disposals, penalties and restoration costs associated with format changes and store closures.
  9. FY2018RestatedAnnual report

    「We may change the format of, or close, underperforming stores and other stores based on monthly profit and loss by store and our store closure criteria. As a result, the disposal of fixed assets, penalties for terminating various contracts and restoration costs at closure may be higher than expected.」

    The Company continues to disclose securing properties, staffing shortages and costs associated with format changes and store closures as risks to store development.
  10. FY2017RestatedAnnual report

    「We may change the format of, or close, underperforming stores and other stores based on monthly profit and loss by store and our store closure criteria. As a result, the disposal of fixed assets, penalties for terminating various contracts and restoration costs at closure may be higher than expected.」

    The Company continues to disclose securing properties, staffing shortages and costs associated with format changes and store closures as risks to store development.
  11. FY2016First statedAnnual report

    「For new store openings, we select candidate sites after comprehensively considering location, lease terms and the investment payback period. As a result, we may be unable to secure properties that meet our requirements.」

    Securing properties, changing the format or closing underperforming stores, and delays in recruitment and training are identified as risks to store expansion.
Moved together

"Improving the profitability of existing businesses and securing new sources of revenue" moved the same way as this thread, in the same document, in 3 of its 11 moves.

33322★12345
  1. ★This thread
  2. 1Improving the profitability of existing businesses and securing new sources of revenue3×
  3. 2Rising Raw-Material Prices and Labor Costs3×
  4. 3Impairment Losses Due to Declining Store Profitability3×
  5. 4Expanding the Content-Services Business and Maximizing Corporate Value2×
  6. 5Expansion of Mandatory Social-Insurance Coverage for Part-Time Workers2×

★ 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
SLD Entertainment's next results are scheduled for 2026-10-15. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-10-15: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Constraints on Store Plans from Site Conditions, Closure Costs and Labor Shortages | SLD Entertainment Inc. (3223) | Komori