Komori
Round One (4680) · PolicyLower store openings and revenue growth, alongside a higher operating margin

Managing year-on-year growth in total sales, the ordinary profit margin on sales and the number of new store openings in the United States as key metrics

First written in FY2017. 13 of 20 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.

20entries
10years
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q1 – FY2021-Q3AdvancedFY2022-Q1 – FY2023OtherFY2024 – FY20262017: 120172018: 320182019: 320192020: 220202021: 320212022: 420222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Store Expansion and Profit Growth Targets under the “2019 Mid-Term Management Plan”A theme 7 companies write about · 0 as a headwind · 7 as a tailwind

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

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. FY2026Lower store openings and revenue growth, alongside a higher operating marginAnnual report

    「The number of new overseas openings during the fiscal year was 3 (8 in the same period of the previous year), revenue increased 7.1% year on year (up 11.2% in the same period of the previous year), and the operating margin on revenue was 15.2% (14.8% in the same period of the previous year).」

    The number of new overseas openings declined from 8 to 3 and year-on-year revenue growth declined from 11.2% to 7.1%, while the operating margin on revenue rose from 14.8% to 15.2%.
  2. FY2025An increase in the number of openings coincided with declines in the revenue growth rate and operating marginAnnual report

    「The number of new overseas openings during the fiscal year was 8 (2 in the same period of the previous year), revenue increased 11.2% year on year (up 12.1% in the same period of the previous year), and the operating margin on revenue was 14.8% (15.5% in the same period of the previous year).」

    The number of new overseas openings increased from 2 to 8, while year-on-year revenue growth declined from 12.1% to 11.2% and the operating margin declined from 15.5% to 14.8%.
  3. FY2024A decline in the number of openings and revenue growth rate coincided with an increase in the profit marginAnnual report

    「The number of new overseas openings during the fiscal year was 2 (5 in the same period of the previous year), total sales increased 12.1% year on year (up 47.3% in the same period of the previous year), and the ordinary profit margin on sales was 15.3% (11.7% in the same period of the previous year).」

    Among the key metrics, the number of new overseas openings and the year-on-year change in total sales declined from the previous year, while the ordinary profit margin on sales rose from 11.7% to 15.3%.
  4. FY2023AdvancedAnnual report

    「The number of new overseas openings during the fiscal year was 5 (5 in the same period of the previous year), total sales increased 47.3% year on year (up 58.2% in the same period of the previous year), and the ordinary profit margin on sales was 11.7% (5.6% in the same period of the previous year).」

    The number of new overseas openings was 5, unchanged from the same period of the previous year, while total sales increased 47.3% year on year and the ordinary profit margin on sales rose to 11.7%.
  5. FY2023-Q2AdvancedAnnual report

    「In the United States, to expand our operating base, we newly opened the Roseville location (California) and South Hill location (Washington) in August 2022. In the People's Republic of China, we newly opened the Nanjing Jiangning Jinying location (Nanjing, Jiangsu) in July 2022 to expand our operating base.」

    While managing the number of new overseas openings as a key metric, we added 2 locations in the United States and 1 in China.
  6. FY2023-Q1AdvancedAnnual report

    「To expand our operating base, we newly opened the Pembroke Lakes store (Florida) in June 2022.」

    While managing the number of overseas openings as a key metric, we opened 1 additional location in the United States in June 2022.
  7. FY2022AdvancedAnnual report

    「The number of new overseas openings during the fiscal year was 5 (6 in the same period of the previous year), total sales increased 58.2% year on year (down 41.8% in the same period of the previous year), and the ordinary profit margin on sales was 5.6%.」

    The Company recorded 5 new overseas openings, a 58.2% year-on-year increase in total sales, and a 5.6% ordinary profit margin on sales.
  8. FY2022-Q3AdvancedAnnual report

    「In the People's Republic of China, we also opened the Shenzhen Longhua Yifang Tiandi location (Shenzhen, Guangdong) in October 2021 and the Shanghai Baoshan Riyueguang location (Shanghai) in December of the same year. These locations were opened by 朗玩(中国)文化娯楽有限公司, the Group's local consolidated subsidiary in the People's Republic of China.」

    As new overseas openings, we opened 2 additional locations in China in October and December 2021.
  9. FY2022-Q1AdvancedAnnual report

    「In the United States, to expand its operating base, we opened the Vancouver location (Washington) in April 2021 and the Quail Springs location (Oklahoma) in June of the same year. In addition, seeking further overseas expansion, we opened our first location in the People's Republic of China, the Guangzhou Xintang AEON Mall location, in May 2021.」

    As new overseas openings, we opened 2 locations in the United States and our first location in China.
  10. FY2021ReframedAnnual report

    「To expand its revenue base, the Group uses the number of overseas openings as an important metric. In addition, continued earnings are necessary to fund overseas investments with equity capital when opening new overseas locations. Accordingly, the Group identifies new overseas openings and improvements to its business earnings structure as important issues, and uses the number of new overseas openings, year-on-year change in total sales, and ordinary profit margin on sales as key metrics.」

    The scope of the metrics was expanded from new U.S. openings to overseas openings as a whole. During the fiscal year, there were 6 new overseas openings and total sales declined 41.8% year on year; the ordinary profit margin on sales was not stated because the Company recorded an ordinary loss.
  11. FY2021-Q3AdvancedAnnual report

    「To expand our operating base in the United States, we newly opened the Deptford store (New Jersey).」

    While managing the number of new U.S. openings as a key metric, we opened 1 additional Deptford location during the third quarter.
  12. FY2021-Q2AdvancedAnnual report

    「To expand our operating base, we newly opened two stores, the Towne East Square store (Kansas) and the Potomac Mills store (Virginia).」

    While managing the number of new U.S. openings as a key metric, we opened 2 additional locations during the second quarter.
  13. FY2020-Q3AdvancedAnnual report

    「To expand our operating base in the United States, we opened the Park Place store (Arizona) in October 2019, the Meadows store (Nevada), Fairfield Commons store (Ohio) in November of the same year, and the Towson Town Center store (Maryland) and Fashion District store (Pennsylvania) in December of the same year.」

    While managing the number of new stores opened in the United States as a key metric, the company opened 5 additional stores during the third quarter.
  14. FY2020-Q2AdvancedAnnual report

    「To expand our operating base in the United States, we opened the Southland store (California) in July 2019 and the Meadowood store (Nevada) in August of the same year.」

    The company opened 2 additional stores in the United States, recording new store openings under management that uses the number of new stores opened in the United States as a key metric.
  15. FY2019AchievedAnnual report

    「To expand its earnings base in the United States, the Group targets opening at least 10 stores annually. Opening new stores in the United States requires continuous earnings in Japan and the United States to fund investment with internal capital. Accordingly, the Group identifies opening new stores in the United States and improving its business earnings structure as key issues, and uses the number of new stores opened in the United States, year-on-year total revenue, and ordinary profit margin on revenue as key management metrics. In the consolidated fiscal year, the number of new stores opened in the United States was 11 (6 in the previous year), total revenue was up 5.6% year on year (up 9.3% in the previous year), and the ordinary profit margin on revenue was 11.1% (10.7% in the previous year).」

    The company opened 11 stores against its target of at least 10 new stores annually in the United States, achieving the target. Total revenue was up 5.6% year on year, and the ordinary profit margin on revenue was 11.1%.
  16. FY2019-Q3AdvancedAnnual report

    「To expand our operating base, during the third quarter we opened the Jefferson store (Kentucky) in November 2018, the Gateway store (Nebraska) in December of the same year, and the North Riverside Park store (Illinois).」

    While targeting the opening of at least 10 stores annually in the United States, the company opened 3 stores in the third quarter.
  17. FY2019-Q2AdvancedAnnual report

    「To expand our operating base, during the second quarter we opened the Nara Mi-Nara store (Nara, Nara Prefecture) in Japan in July 2018, the South Town Center store (Utah) in the United States in August 2018, and the Millcreek store (Pennsylvania) in September of the same year.」

    While targeting the opening of at least 10 stores annually in the United States, the company opened 2 stores in the United States during the second quarter.
  18. FY2019-Q1AdvancedAnnual report

    「To expand our operating base, we opened two stores in June 2018: the Maine store (Maine) and the Coronado store (New Mexico).」

    While targeting the opening of at least 10 stores annually in the United States, the company opened 2 stores in June 2018.
  19. FY2018Annual store-opening target specifiedAnnual report

    「To expand its earnings base in the United States, the Group targets opening at least 10 stores annually.」

    In addition to its existing key metrics, the company specified a target of opening at least 10 stores annually in the United States. It opened 6 stores during the year, total revenue was up 9.3% year on year, and the ordinary profit margin on revenue was 10.7%.
  20. FY2017First statedAnnual report

    「The Group identifies improving its business earnings structure and opening new stores in the United States as key issues, and uses year-on-year total revenue, ordinary profit margin on revenue, and the number of new stores opened in the United States as key metrics.」

    The company specified management metrics for measuring improvements in its earnings structure and store openings in the United States. For the period, it reported total revenue up 5.1% year on year, an ordinary profit margin on revenue of 6.7%, and 6 new stores opened in the United States.
Moved together

"Positioning U.S. store openings as the next growth driver and building a profit structure comparable to that in Japan" moved the same way as this thread, in the same document, in 15 of its 20 moves.

15131212109★123456
  1. ★This thread
  2. 1Positioning U.S. store openings as the next growth driver and building a profit structure comparable to that in Japan15×
  3. 2Accelerating New Store Openings in the United States13×
  4. 3Expanding the Bowling and Amusement Fan Base and Retaining Core Users12×
  5. 4Proven track record of stable U.S. store operations12×
  6. 5Strengthening the Financial Position Through Interest-Bearing Debt Reduction, Efficient Financing and the Use of Leases10×
  7. 6Driving customer traffic by introducing the latest game consoles and upgrading popular models9×

★ 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 Round One yet.
News
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