Review of Store Hours and Rationalisation of Unprofitable Stores
First written in FY2016. 6 of 9 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2018: 4 of 36 companies on the "Worse" side.
27 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「In Japan, we closed 高津店 in Kanagawa Prefecture in April 2025 and 枚方店 in Osaka Prefecture in August 2025. In China, we closed 上海宝山日月光店 in Shanghai in August 2025 and reduced the operating area of 広州新塘イオンモール店 in Guangzhou, Guangdong Province.」
Closed 2 domestic stores and 1 store in China, while reducing the operating area of 1 other store. The store portfolio was specifically rationalized. - FY2024AdvancedAnnual report
「In Japan, we closed 山梨・石和店 in March 2024 to vacate the site for land acquisition, and in the United States we closed the Northwood store in Illinois in May 2023.」
Closed 1 domestic store and 1 U.S. store. The domestic closure was due to vacating the site for land acquisition, while the U.S. store was closed in May 2023. - FY2023RestatedAnnual report
「We will consider closing stores with low profitability and otherwise work to improve capital efficiency (ROE).」
Continued considering the closure of stores with low profitability as a means of improving capital efficiency (ROE). No completed store closures were reported. - FY2022RestatedAnnual report
「We will consider closing stores with low profitability and continue strengthening our earnings structure.」
Continued considering the closure of stores with low profitability as a means of strengthening the domestic earnings structure. - FY2017AdvancedAnnual report
「In Japan, we opened アリオ柏店 in Kashiwa, Chiba Prefecture, in April 2016 and ららぽーと湘南平塚店 in Hiratsuka, Kanagawa Prefecture, in October of the same year, while closing 8 stores because their lease terms had expired and to eliminate cannibalization among our own stores.」
Closed 8 domestic stores during the year because their lease terms had expired and to eliminate cannibalization among our own stores. - FY2017-Q3AdvancedAnnual report
「Losses on store closures 286」
Losses on store closures during the cumulative third quarter amounted to ¥286 million, up from ¥232 million in the cumulative previous quarter. Additional progress in rationalizing unprofitable stores was reported. - FY2017-Q2AdvancedAnnual report
「Losses on store closures 232」
Recorded ¥232 million in losses on store closures during the cumulative second quarter, demonstrating progress in rationalizing unprofitable stores. - FY2017-Q1AdvancedAnnual report
「Losses on store closures 48」
Recorded ¥48 million in losses on store closures during the quarter, demonstrating progress in rationalizing unprofitable stores. - FY2016First statedAnnual report
「In addition to the measures described above, we will improve and strengthen the earnings structure of our domestic business by reviewing operating hours and rationalizing unprofitable stores.」
Identified the review of operating hours and the store portfolio as measures to improve the domestic earnings structure.