Launch of the supermarket-related business and preparations for store openings
First written in FY2022-Q1. 2 of 8 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025DroppedAnnual report
「The Company operates nickel, real estate, education and Smart DX Solutions businesses.」
The supermarket-related business, which had been treated as part of the Other segment after its suspension, no longer appears in the current fiscal year's business descriptions or list of reportable segments. - FY2024-Q1ReframedAnnual report
「From the consolidated accounting period of the first quarter, the supermarket-related business was presented as the "Other" segment because its quantitative significance had declined following its suspension.」
The suspended supermarket-related business was reclassified from an independent reportable segment to Other because its quantitative significance had declined. - FY2023-Q3RestatedAnnual report
「The supermarket-related business has been suspended since 19 May 2022, but expenses including land and building rent continued to be incurred through the cumulative first-quarter period, resulting in a segment loss (operating loss) of ¥6 million, compared with a segment loss of ¥75 million in the same quarter of the previous year.」
The supermarket-related business has remained suspended since 19 May 2022. No revenue was recorded, and expenses including land and building rent through the cumulative first-quarter period resulted in a segment loss of ¥6 million. - FY2023-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 19 May 2022, it was decided to suspend the supermarket-related business temporarily.」
The temporary suspension of the supermarket-related business was confirmed as a resolution of the Board of Directors dated 19 May 2022. A segment loss of ¥5 million was incurred in the current quarter due to expenses including land and building rent. - FY2023-Q1Suspension of operations and sale of owned fixed assetsAnnual report
「There was no revenue following the suspension of operations in February 2022, but expenses including land and building rent continued to be incurred, resulting in a segment loss (operating loss) of ¥4 million, compared with a segment loss of ¥8 million in the same quarter of the previous year. During the first quarter of the current fiscal year, all fixed assets held by the supermarket-related business were sold.」
The supermarket-related business, which began in November 2021, suspended operations from February 2022, generated no revenue, and sold all of its owned fixed assets. - FY2022-Q3AdvancedAnnual report
「Supermarket-related business The business began operations in late November 2021 and had few operating days, resulting in revenue of ¥43 million. Accordingly, there is no comparison with the previous year. The segment loss (operating loss) was ¥75 million.」
The supermarket-related business actually commenced operations in late November 2021, generating revenue of ¥43 million and a segment loss of ¥75 million. - FY2022-Q2AdvancedAnnual report
「To improve this situation, the Group raised funds through the exercise of the sixth series of stock acquisition rights and is proceeding with plans to open its first supermarket in Kasukabe City on 20 November 2021. As launch costs were incurred in connection with opening the supermarket, the segment loss (operating loss) was ¥19 million.」
The store-opening plan targeted for completion by the end of the current fiscal year was made more concrete, with the first store in Kasukabe City scheduled to open on 20 November 2021. Launch costs of ¥19 million associated with preparations for the opening were recognised. - FY2022-Q1First statedAnnual report
「The Group had divided its segments into the nickel business, real estate business, education business and renovation-related business. However, as it planned to open a supermarket by the end of the current fiscal year, it launched a new business.」
The supermarket store-opening plan, targeted for completion by the end of the fiscal year ending March 2022, was launched as a new business. In the first quarter, a segment loss of ¥8 million was incurred as launch costs associated with opening the store.