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Asulina (3647) · FactLoss narrowed during the irregular period before the transfer

Operating loss due to upfront initial store-opening costs for the FATBURGER business

First written in FY2018-Q3. 2 of 7 entries say "Restated". Latest entry: FY2020-Q3.

7entries
3years
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ProgressHeldSoftenedWorseFirst statedFY2018-Q3 – FY2018WorsenedFY2019-Q3DroppedFY2020-Q1 – FY2020-Q32018: 220182019: 320192020: 22020
Same theme, other companies
Operating losses caused by upfront costs of opening new restaurantsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020-Q3Loss narrowed during the irregular period before the transferAnnual report

    「As GMF was transferred to a third party on 1 January 2020, the cumulative third-quarter period covered an irregular period from 1 September 2019 to 31 December 2019. Revenue from the FATBURGER business was ¥29 million, down 55.8% from the previous third quarter, while the segment loss (operating loss) was ¥9 million, compared with a loss of ¥32 million in the previous third quarter.」

    During the irregular period before the transfer of GMF, revenue declined year on year, while the operating loss narrowed from ¥32 million in the previous year to ¥9 million.
  2. FY2020-Q1DroppedAnnual report

    「Following this share transfer, SBY and its subsidiary 株式会社Green Micro Factory will be excluded from the Company’s consolidated subsidiaries and other consolidated entities.」

    The FATBURGER business’s operating loss narrowed to ¥8 million in the quarter, but the business was excluded from the scope of consolidation of the Company’s group following the transfer of GMF.
  3. FY2019-Q3WorsenedAnnual report

    「During the cumulative third quarter, the business operated only one location, the Shibuya store, resulting in a heavier allocation of head-office expenses. Revenue from the FATBURGER business was ¥66 million, up 261.9% year on year, and the segment loss (operating loss) was ¥32 million, compared with a segment loss of ¥13 million in the same quarter of the previous year.」

    The FATBURGER business’s operating loss widened from ¥13 million in the same period of the previous year to ¥32 million, partly due to the allocation of head-office expenses associated with operating only one location, the Shibuya store.
  4. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter, the business operated only one location, the Shibuya store, resulting in a heavier allocation of head-office expenses. Revenue from the FATBURGER business was ¥38 million and the segment loss (operating loss) was ¥26 million.」

    The FATBURGER business continued to operate only one location, the Shibuya store, and recorded cumulative revenue of ¥38 million and a segment operating loss of ¥26 million, partly due to the allocation of head-office expenses.
  5. FY2019-Q1ReframedAnnual report

    「During the cumulative first quarter, the business operated only one location, the Shibuya store, resulting in a heavier allocation of head-office expenses. Revenue from the FATBURGER business was ¥17 million and the segment loss (operating loss) was ¥14 million.」

    In addition to the initial opening costs recorded previously, the disclosure identifies the allocation of head-office expenses associated with operating only one location, the Shibuya store, as a factor behind the FATBURGER business’s operating loss.
  6. FY2018RestatedAnnual report

    「As initial opening costs were recorded during the consolidated fiscal year, revenue from the FATBURGER business was ¥42 million and the segment loss (operating loss) was ¥37 million.」

    The FATBURGER business incurred an operating loss for the full year as a result of recording initial opening costs for its first location in Japan.
  7. FY2018-Q3First statedAnnual report

    「As initial opening costs were recorded during the cumulative third quarter, revenue from the FATBURGER business was ¥18 million and the segment loss (operating loss) was ¥13 million.」

    The FATBURGER business recorded initial opening costs for its first location in Japan, resulting in cumulative third-quarter revenue of ¥18 million and a segment operating loss of ¥13 million.
Moved together

"Growing Earnings Contribution from the Environment-Related Business" moved the same way as this thread, in the same document, in 2 of its 7 moves.

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  1. ★This thread
  2. 1Growing Earnings Contribution from the Environment-Related Business2×
  3. 2Lower Revenue and Profit in SBY's Business Alliance and Store Businesses2×

★ 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.

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Operating loss due to upfront initial store-opening costs for the FATBURGER business | ASULINA Co.,Ltd. (3647) | Komori