Komori
Zoa (3375) · InitiativeRestated

Early Improvement and Recovery of the Motorcycle Business Through Organizational Strengthening

First written in FY2017-Q1. 9 of 30 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-13.

30entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2024 – 2026-08-132016: 220162017: 320172018: 420182019: 320192020: 420202021: 220212022: 320222023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Renewed Growth and Earnings-Profile Improvement in the Motorcycle BusinessA theme 3 companies write about · 0 as a headwind · 3 as a tailwind

Zoa moved to the "Worse" side of this theme in 2023.

0 other companies' latest entry also says "Restated".

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. 2026-08-13RestatedEarnings

    「In the motorcycle business, in-store sales have been trending downward because we are shifting sales from stores to online channels.」

    The company continued to explain the shift from in-store sales to online sales and the resulting decline in in-store sales.
  2. FY2026RestatedAnnual report

    「In the motorcycle business, because there are limits to the range of products that can be carried in stores, customers are being directed to online sales. As a result, although online sales of motorcycle accessories increased, in-store sales of motorcycle accessories have been trending downward.」

    The company continues to operate the motorcycle business on the assumption that customers will be directed to online sales and that in-store sales will decline.
  3. FY2026-H1RestatedAnnual report

    「In the motorcycle business, because there are limits to the range of products that can be carried in stores, customers are being directed to online sales. As a result, sales of motorcycle accessories in stores have been trending downward.」

    The company continues to operate the business on the assumption that in-store sales will decline, while directing customers to online sales in view of the limitations of the in-store product lineup.
  4. FY2025-H1RestatedAnnual report

    「In the motorcycle business, there are limits to the range of products that can be carried in stores, and the shift to online sales, which has fewer constraints on product offerings, has continued. As a result, in-store sales have been trending downward. However, because having physical stores provides reassurance when customers make purchases online, we will continue operating physical stores.」

    On the assumption that in-store sales will continue to decline as customers shift to online sales, the company continues its policy of maintaining in-store sales and seeking synergies with online sales.
  5. FY2024RestatedAnnual report

    「Customers feel reassured that we offer in-store sales as well as online sales, so while continuing in-store sales, we will work to further increase online sales by generating synergies between the two channels.」

    The company continues its policy of maintaining physical stores in view of customers' desire to try on and check products in-store, while seeking synergies with online sales.
  6. FY2024-Q3WorsenedAnnual report

    「Revenue from the motorcycle business was ¥185.252 million, down 20.1% year on year, and gross profit was ¥78.013 million, down 14.7% year on year. In the motorcycle business, in addition to the continuing shift to online sales, the unstable weather is believed to have reduced opportunities to use motorcycles, and in-store sales have been trending downward.」

    While initiatives to improve and restore the motorcycle business are being pursued, the shift to online sales and weather factors resulted in a 20.1% year-on-year decline in sales.
  7. FY2024-Q1WorsenedAnnual report

    「Revenue from the motorcycle business was ¥72.010 million, down 23.7% year on year, and gross profit was ¥30.698 million, down 16.5% year on year. In the motorcycle business, in addition to the continuing shift to online sales, the unstable weather is believed to have reduced opportunities to use motorcycles, and in-store sales have been trending downward.」

    While initiatives to improve and restore the motorcycle business continue, in-store sales declined due to the shift to online sales and weather factors, resulting in a 23.7% year-on-year decline in business sales.
  8. FY2023RestatedAnnual report

    「In the motorcycle business, sales declined due in part to sluggish sales of helmets, which had performed well in the previous fiscal year, and unstable supply of high-priced motorcycle intercoms that allow riders to talk with companions while touring. In addition, in-store sales declined as sales shifted to online retail. As a result, motorcycle business sales were ¥286.594 million, down 13.3% from the previous fiscal year.」

    While initiatives to promote sales and expand the product lineup were pursued, the motorcycle business declined 13.3% from the previous fiscal year due to sluggish helmet sales, unstable intercom supply and the shift to online sales.
  9. FY2023-Q3WorsenedAnnual report

    「In the motorcycle business, revenue was significantly affected by sluggish sales of winter products that had performed well in the previous fiscal year and unstable supplies of high-priced products such as intercoms. As a result, revenue from the motorcycle business as a whole was ¥231.994 million, down 13.6% year on year.」

    While initiatives to improve and restore the motorcycle business are being pursued, weak sales of winter products and unstable supply of high-priced products resulted in a 13.6% year-on-year decline in total business sales.
  10. FY2023-Q2WorsenedAnnual report

    「In the motorcycle business, the shift from stores to online sales progressed, while unstable supplies of high-priced products such as intercoms had a significant impact on revenue. As a result, revenue from the motorcycle business as a whole was ¥170.341 million, down 12.0% year on year.」

    While initiatives to improve and restore the motorcycle business are being pursued, the shift to online sales and unstable supply of high-priced products resulted in a 12.0% year-on-year decline in total business sales.
  11. FY2022RestatedAnnual report

    「There is still a certain level of demand for specialty stores where customers can try on and purchase helmets and jackets and buy oil and chemical products, but in-store sales declined as the shift to online sales progressed.」

    The company continues to explain the ongoing decline in in-store sales due to the shift to online sales, while acknowledging the remaining demand for trying on and checking products in physical stores.
  12. FY2022-Q3Pursuing synergies between brick-and-mortar stores and online salesAnnual report

    「However, many customers continue to value being able to try on and check helmets and jackets in-store before purchasing, so we will continue to highlight the need for physical stores and work to generate greater synergies with online sales. As a result, total motorcycle business sales were ¥268.655 million, down 9.3% year on year.」

    As in-store sales decline amid the shift to online sales, the company has indicated a policy of highlighting the need for physical stores based on customers' desire to try on and check helmets and jackets, with the aim of generating synergies with online sales.
  13. FY2021AdvancedAnnual report

    「In the motorcycle business, demand for motorcycles as a means of transportation has been increasing amid the spread of COVID-19, and business remained strong, led by the core categories of helmets, jackets and gloves. In addition, strong sales of maintenance products such as oil and cleaners boosted results. As a result, revenue from the motorcycle business as a whole was ¥365.654 million, up 4.7% from the previous fiscal year.」

    Strong sales of major categories and maintenance products led total motorcycle business sales to turn to a 4.7% increase from the previous fiscal year.
  14. FY2021-Q3AdvancedAnnual report

    「In the motorcycle business, demand for motorcycles as a means of transportation has been increasing amid the spread of COVID-19, and business remained strong, led by the core categories of helmets, jackets and gloves. In addition, strong sales of maintenance products such as oil and cleaners boosted results. As a result, revenue from the motorcycle business as a whole increased 3.9% year on year.」

    Against a backdrop of increased demand for motorcycles as a means of transportation, strong sales of major categories and maintenance products led total motorcycle business sales to turn to a 3.9% year-on-year increase.
  15. FY2021-Q2AdvancedAnnual report

    「In the motorcycle business, demand for motorcycles as a means of transportation has been increasing amid the spread of COVID-19, and business has generally remained strong, led by helmets. In addition, strong sales of maintenance products such as oil and cleaners have boosted results. As a result, revenue from the motorcycle business as a whole increased 0.7% year on year.」

    Demand for motorcycles as a means of transportation increased amid COVID-19, and strong sales of helmets and maintenance products led total business sales to turn to a 0.7% year-on-year increase.
  16. FY2021-Q1Overall sales declined under COVID-19, but the decline narrowedAnnual report

    「In the motorcycle business, sales stagnated due to the impact of requests to refrain from going out amid the spread of COVID-19. However, many customers performed motorcycle maintenance while refraining from going out, and sales of oil and other products remained firm. As a result, total motorcycle business sales decreased 3.4% year on year.」

    Although total motorcycle business sales declined as people refrained from going out, maintenance products such as oil remained firm, limiting the year-on-year decline in sales to 3.4%.
  17. FY2020WorsenedAnnual report

    「In the motorcycle business, we worked to increase revenue by holding deep-discount sales in core categories such as helmets, jackets and gloves. However, overall revenue declined partly because unsettled weather, including major typhoons and heavy rain in summer, was concentrated on weekends. As a result, revenue from the motorcycle business as a whole declined 17.8% from the previous fiscal year.」

    Although heavily discounted sales campaigns were held, unsettled weather caused total motorcycle business sales to decline 17.8% from the previous fiscal year.
  18. FY2020-Q3WorsenedAnnual report

    「In the motorcycle business, we sought to increase sales by holding heavily discounted sales campaigns for core categories such as helmets, jackets and gloves. However, overall sales declined, partly because unsettled weather, including major typhoons and heavy rain during the summer, was concentrated on weekends. As a result, total motorcycle business sales decreased 16.5% year on year.」

    Although heavily discounted sales campaigns were held for core categories, unsettled weather, including typhoons and heavy rain, caused overall sales to decline 16.5% year on year, continuing the decline from the previous quarter.
  19. FY2020-Q2Discount promotions implemented, but weather-related sales decline continuedAnnual report

    「In the motorcycle business, we sought to increase sales by holding heavily discounted sales campaigns for core categories such as helmets, jackets and gloves. However, overall sales declined, partly because unsettled weather, including major typhoons and heavy rain, was concentrated on weekends. As a result, total motorcycle business sales decreased 14.6% year on year.」

    Although heavily discounted sales campaigns were held for core categories, unsettled weather, including major typhoons and heavy rain, caused total motorcycle business sales to decline 14.6% year on year.
  20. FY2020-Q1Promotional activities could not offset weather-related sales declineAnnual report

    「In the motorcycle business, we sought to increase sales through promotional activities such as flyer sales and gift campaigns. However, sales of major items such as helmets, jackets and gloves stagnated due in part to unsettled weather and low temperatures, resulting in a decline in total motorcycle equipment sales. As a result, total motorcycle business sales decreased 15.2% year on year.」

    Although flyer sales and gift campaigns were conducted, major categories stagnated due to unsettled weather and low temperatures, resulting in a 15.2% year-on-year decline in total motorcycle business sales.
  21. FY2019-Q3AdvancedAnnual report

    「In the motorcycle business, sales of core categories, including helmets, jackets and gloves, exceeded the previous year, but sales of dashcams stagnated as the product category entered its diffusion phase. As a result, total motorcycle business sales decreased 3.8% year on year. However, results for the third quarter accounting period (October to December) exceeded the year-earlier period, indicating an improving trend.」

    Sales of core categories exceeded the previous year, and third-quarter accounting period results also surpassed the year-earlier period, but cumulative total motorcycle business sales were down 3.8% year on year.
  22. FY2019-Q2Improvement in core categories alongside an overall decline in salesAnnual report

    「In the motorcycle business, sales of core categories such as helmets, jackets and gloves increased as a result of sales promotions and merchandising campaigns. Although recent results have been strong and exceeded the year-earlier period, they were not enough to make up for the decline in sales caused by unsettled weather from early spring through early summer. As a result, total motorcycle business sales decreased 6.8% year on year.」

    Core categories increased on the back of sales promotions and merchandising campaigns, but could not fully offset the impact of unsettled weather, resulting in a 6.8% year-on-year decline in total motorcycle business sales.
  23. FY2019-Q1AdvancedAnnual report

    「In the Motorcycle Business, sales of core items such as helmets, jackets and gloves increased following sales events and coupon promotions. Focusing on high-performance, high-priced products also contributed to the improvement in sales. However, overall sales were slightly below the year-earlier level because sales of maintenance products such as oil and cleaners declined. As a result, total sales in the Motorcycle Business declined 6.0% year on year.」

    Sales of core items increased on sales promotions and coupons, as well as sales of high-performance, high-priced products. However, the decline in maintenance products resulted in a 6.0% year-on-year decrease for the business as a whole.
  24. FY2018WorsenedAnnual report

    「In the Motorcycle Business, the company worked to attract customers by improving its product lineup, holding 50%-off sales and hosting a Yamaha motorcycle accessories event at the Kanazawa store. However, sales remained sluggish because prolonged rains in August reduced motorcycle usage and a warm winter depressed sales of winter jackets and gloves. As a result, total sales in the Motorcycle Business declined 17.9% year on year.」

    Although the company improved its product lineup and held sales events and other promotions, Motorcycle Business sales declined 17.9% year on year due to weather-related and other factors.
  25. FY2018-Q3WorsenedAnnual report

    「In the Motorcycle Business, sales of dashcams grew, but sales of high-priced products such as helmets and motorcycle apparel declined, resulting in an 18.1% year-on-year decline in total sales in the business.」

    While dashcam sales grew, total sales in the Motorcycle Business declined 18.1% year on year due to lower sales of high-priced products, indicating that the improvement measures had not yet benefited the business as a whole.
  26. FY2018-Q2AdvancedAnnual report

    「In the Motorcycle Business, the company expanded sales of strong-performing dashcams in an effort to increase sales. However, sales of helmets and apparel remained sluggish due to prolonged summer rains and unfavorable weather. As a result, total sales in the Motorcycle Business declined 12.9% year on year.」

    As an improvement measure for the Motorcycle Business, the company has newly begun expanding sales of strong-performing dashcams. Meanwhile, total sales in the business declined 12.9% year on year due to unfavorable weather.
  27. FY2017AdvancedAnnual report

    「In the Motorcycle Business, the company renovated the sales floors of its main stores with the cooperation of its business partners. At the Kanazawa store, it also launched an in-store Y's Gear shop, operated by the Yamaha Motor group, which is being used by many Yamaha enthusiast customers. These initiatives have led to signs of a recovery at some stores, but overall sales remain sluggish as the number of riders declines.」

    In addition to renovating its main stores, the company launched an in-store Y's Gear shop at the Kanazawa store. It reported a recovery at individual stores alongside an overall slump.
  28. FY2017-Q3AdvancedAnnual report

    「In the motorcycle business, sales remained sluggish as we promoted the disposal of helmets, jackets and other inventory. However, inventory disposal has reached a lull, and sales are showing signs of bottoming out. We will therefore work to expand sales by refreshing our product assortment ahead of the peak demand season in spring.」

    Following the end of inventory clearance and signs that sales have bottomed out, the company has indicated the next stage of improvement: refreshing its product lineup ahead of the peak demand season in spring.
  29. FY2017-Q2AdvancedAnnual report

    「In the motorcycle business, sales were sluggish during the transition period involving the reduction of inactive inventory and product replacement. However, product replacement and store renovations have been completed at each store, and renovated stores will reopen sequentially from October onward. We will also refresh sales areas through collaboration with manufacturers, which we believe will enable us to attract and retain more core riders.」

    The company is pursuing the completion of store renovations, reopening after renovations and sales-floor improvements through collaboration with manufacturers as specific improvement measures.
  30. FY2017-Q1First statedAnnual report

    「In the Motorcycle Business, there are signs that overall sales have bottomed out, and the company is working to achieve an early improvement and recovery by strengthening its organizational structure.」

    The company has newly identified organizational strengthening as a measure to improve and recover the Motorcycle Business.
Moved together

"Improving Inventory Turnover through POS Data and Inter-Store Transfers" moved the same way as this thread, in the same document, in 12 of its 30 moves.

121111987★123456
  1. ★This thread
  2. 1Improving Inventory Turnover through POS Data and Inter-Store Transfers12×
  3. 2Significant Decrease in Cash and Cash Equivalents11×
  4. 3Contraction of the Motorcycle Accessories Market and Price Competition in Online Retail11×
  5. 4Prioritizing Profitability in Mail-Order Sales and Diversifying Sales Channels9×
  6. 5Making Services & Support a Core Revenue Pillar8×
  7. 6Risk of Slow-Moving Inventory and Valuation Losses Due to Changes in Demand7×

★ 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
No upcoming earnings preview for Zoa yet. It last moved in the Earnings of 2026-08-13: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Early Improvement and Recovery of the Motorcycle Business Through Organizational Strengthening | ZOA CORPORATION (3375) | Komori