Lower Revenue and Profit in SBY's Business Alliance and Store Businesses
First written in FY2017-Q2. 6 of 11 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2020-Q3.
No other company in this theme has enough history to compare yet.
- FY2020-Q3Loss narrowed during the irregular period before the transferAnnual report
「During the first nine months of the current consolidated fiscal year, because SBY was transferred to a third party effective 1 January 2020, the accounting period was an irregular period from 1 September 2019 to 31 December 2019. Revenue from the SBY business was ¥256 million, down 64.2% from the third quarter of the previous year, and segment loss (operating loss) was ¥12 million, compared with a loss of ¥56 million in the third quarter of the previous year.」
During the four months before the transfer of SBY, revenue declined year on year, while the operating loss narrowed from ¥56 million to ¥12 million. - FY2020-Q1ReframedAnnual 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.」
Although the SBY business narrowed its loss despite lower revenue during the quarter, it was removed from the group's business portfolio following the transfer of all its shares. - FY2019-Q3WorsenedAnnual report
「During the first nine months of the current consolidated fiscal year, sales at the Shibuya store, the flagship store of the entertainment shop business, and sales of cosmetics and miscellaneous goods from new overseas brands in the business alliance business were progressing steadily. However, in addition to higher personnel expenses and office rent accompanying the expansion of the business, the company recorded inventory write-downs on some of its inventory. As a result, revenue from the SBY business increased to ¥715 million, up 39.1% year on year, while segment loss (operating loss) was ¥56 million, compared with a segment loss of ¥47 million in the same period of the previous year.」
Although sales at the Shibuya store and of new overseas brands were steady, the operating loss widened from ¥47 million to ¥56 million despite higher revenue, due to higher personnel expenses and rent and inventory write-downs. - FY2019-Q2WorsenedAnnual report
「During the first six months of the current consolidated fiscal year, sales at the Shibuya store, the flagship store of the entertainment shop business, and sales of cosmetics and miscellaneous goods from new overseas brands in the business alliance business were progressing steadily. However, in addition to higher personnel expenses and office rent accompanying the expansion of the business, the company recorded inventory write-downs on some of its inventory. As a result, revenue from the SBY business increased to ¥445 million, up 31.5% year on year, while segment loss (operating loss) was ¥60 million, compared with a segment loss of ¥53 million in the same period of the previous year.」
Although sales at the Shibuya store and of new overseas brands were steady, the operating loss widened from ¥53 million to ¥60 million despite higher revenue, due to higher personnel expenses and office rent and inventory write-downs. - FY2019-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, sales at the Shibuya store, the flagship store of the concept marketing shop business, and sales of cosmetics and miscellaneous goods from new overseas brands in the business alliance business were progressing steadily. However, although Diamond Lash, the company's flagship private-brand product, maintained its industry-leading market share, volumes handled stagnated because of the overall contraction in market size. As a result, revenue from the SBY business was ¥210 million, up 22.3% year on year, while segment loss (operating loss) was ¥28 million, compared with a segment loss of ¥7 million in the same period of the previous year.」
Although sales at the Shibuya store and of new overseas brands were steady, the SBY business reported higher revenue while its operating loss widened from ¥7 million to ¥28 million because of stagnant Diamond Lash volumes. - FY2018RestatedAnnual report
「As a result, full-year revenue from the SBY business was ¥841 million, down 3.4% year on year, and segment profit (operating profit) was ¥15 million, down 32.9% year on year.」
The SBY business reported lower revenue and profit for the full year, but maintained segment profitability. - FY2018-Q3RestatedAnnual report
「As a result, revenue from the SBY business was ¥514 million, down 21.0% year on year, and segment loss (operating loss) was ¥47 million, compared with segment profit of ¥9 million in the same period of the previous year.」
The SBY business reported lower revenue year on year, and the situation of an operating loss following profit in the same period of the previous year continued. - FY2018-Q2WorsenedAnnual report
「As a result, revenue from the SBY business was ¥338 million, down 25.9% year on year, and segment loss (operating loss) was ¥53 million, compared with segment profit of ¥3 million in the same period of the previous year.」
The SBY business continued to report lower revenue and swung from segment profit in the same period of the previous year to an operating loss of ¥53 million. - FY2018-Q1WorsenedAnnual report
「As a result, revenue from the SBY business was ¥172 million, down 26.3% year on year, and segment loss (operating loss) was ¥7 million, compared with segment profit of ¥5 million in the same period of the previous year.」
The SBY business reported lower revenue year on year and swung from segment profit to an operating loss. - FY2017-Q3WorsenedAnnual report
「As a result, revenue from the business alliance business was ¥201 million, down 57.6% year on year, and segment profit (operating profit) was ¥17 million, down 5.2% year on year. As a result, revenue from the concept marketing shop business was ¥450 million, down 6.1% year on year, and segment loss (operating loss) was ¥7 million, compared with segment profit of ¥26 million in the same period of the previous year.」
The business alliance business continued to report lower revenue and profit, while the concept marketing shop business reported lower revenue and swung from profit in the same period of the previous year to an operating loss. - FY2017-Q2First statedAnnual report
「As a result, revenue from the business alliance business was ¥153 million, down 55.1% year on year, and segment profit (operating profit) was ¥0.6 million, down 94.2% year on year. As a result, revenue from the concept marketing shop business was ¥302 million, down 5.2% year on year, and segment profit (operating profit) was ¥2 million, down 83.8% year on year.」
Both SBY's business alliance business and concept marketing shop business reported year-on-year declines in revenue and segment profit.