Stable funding for expansion to more than 100 stores
First written in FY2016. 12 of 15 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Although the cost of developing new stores has risen, new stores have increasingly reached profitability after opening. Based on the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund the opening of more than 30 stores each year in the future.」
The Company maintained its outlook that operating cash flow and cash and deposits could stably fund more than 30 store openings annually. Cash and cash equivalents at the end of the fiscal year totaled ¥14,277 million. - FY2026-H1AdvancedAnnual report
「To make effective use of the special gain as growth funding, we made the following business investments and recorded them as selling, general and administrative expenses. ¥90 million: TV programs broadcast from October to December ¥217 million: Dia II KeePer TV commercial ¥20 million: LABO app investment Total: ¥453 million of expenses funded by the special gain.」
The Company allocated ¥453 million of business investment funded by the gain on the sale of investment securities to television advertising, the Dia II KeePer TV commercial and the LABO app. - FY2024RaisedAnnual report
「The cost of developing new stores has risen to approximately ¥83 million per location for a property constructed from a vacant site and approximately ¥62 million per location for a fitted-out property with an existing building. However, new stores have increasingly reached profitability after opening. Based on operating cash flow and current cash and deposits, we believe we can stably fund the opening of more than 30 stores each year in the future.」
While the cost of opening each store rose to approximately ¥83 million for constructed properties and ¥62 million for fitted-out properties, the Company indicated that operating cash flow and cash and deposits could stably fund more than 30 store openings annually going forward. - FY2023AdvancedAnnual report
「The cost of developing new stores has risen to approximately ¥65 million per location for a property constructed from a vacant site and approximately ¥40 million per location for a fitted-out property with an existing building. However, new stores have increasingly reached profitability after opening. Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 106 company-operated stores as of 30 June 2023 to more than 150 stores in the future.」
The number of company-operated stores increased to 106, and the Company updated its outlook that operating cash flow and cash and deposits could stably fund expansion to more than 150 stores. - FY2022RaisedAnnual report
「The cost of developing new stores has risen to approximately ¥65 million per location for a property constructed from a vacant site and approximately ¥40 million per location for a fitted-out property with an existing building. However, new stores have increasingly reached profitability after opening. Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 95 company-operated stores as of 30 June 2022 to more than 150 stores in the future.」
The scale of expansion that could be funded was raised from 95 company-operated stores to more than 150 stores. New-store costs have risen to approximately ¥65 million for constructed properties and ¥40 million for fitted-out properties. - FY2021AdvancedAnnual report
「Building a new store costs approximately ¥45 million per location for a property constructed from a vacant site, and approximately ¥35 million per location for a fitted-out property with an existing building. However, past results show that stores become profitable on a monthly basis no later than 1 year after opening. Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 86 company-operated stores as of 30 June 2021 to more than 100 stores in the future.」
The Company indicated that, even after the number of company-operated stores increased from 82 to 86, operating cash flow and cash and deposits could stably fund expansion to more than 100 stores. - FY2020AdvancedAnnual report
「Building a new store costs approximately ¥45 million per location for a property constructed from a vacant site, and approximately ¥35 million per location for a fitted-out property with an existing building. However, past results show that stores become profitable on a monthly basis no later than 1 year after opening. Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 82 company-operated stores as of 30 June 2020 to more than 100 stores in the future.」
The number of company-operated stores increased from 80 to 82, and the Company updated its outlook that operating cash flow and cash and deposits could stably fund expansion to more than 100 stores. It also disclosed new-store costs of approximately ¥45 million for constructed properties and ¥35 million for fitted-out properties, as well as its track record of reaching monthly profitability within 1 year of opening. - FY2019AdvancedAnnual report
「Building a new store costs approximately ¥45 million per location for a property constructed from a vacant site, and approximately ¥35 million per location for a fitted-out property with an existing building. However, past results show that stores become profitable on a monthly basis no later than 1 year after opening. Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 80 company-operated stores as of 30 June 2019 to more than 100 stores in the future.」
Even after the number of company-operated stores increased to 80, the Company updated its outlook that operating cash flow and cash and deposits could stably fund expansion to more than 100 stores. It also disclosed new-store costs and its track record of reaching monthly profitability within 1 year of opening. - FY2018AdvancedAnnual report
「However, past results show that stores become profitable on a monthly basis no later than 1 year after opening. Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 72 company-operated stores as of 30 June 2018 to more than 100 stores in the future.」
The number of company-operated stores increased to 72, and the Company updated its outlook that operating cash flow and cash and deposits could stably fund expansion to more than 100 stores. It also stated that new stores would become profitable no later than 1 year after opening. - FY2017AdvancedAnnual report
「Building a new store costs approximately ¥45 million per location for a property constructed from a vacant site, and approximately ¥25 million per location for a fitted-out property with an existing building. However, past results show that stores become profitable on a monthly basis no later than 1 year after opening. Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 56 company-operated stores as of 30 June 2017 to more than 100 stores in the future.」
The Company quantified construction and fitted-out costs per new store, its track record of reaching monthly profitability within 1 year of opening, and its funding outlook for expanding from 56 company-operated stores to more than 100. - FY2017-Q3AdvancedAnnual report
「Investment, including new stores, during the 9 months through the third quarter of the accounting period totaled ¥677 million, while operating cash flow during the period was ¥669 million. The Company explained that this demonstrated that, at this pace of new-store openings, investment could be fully funded within operating cash flow.」
Against investment of ¥677 million, including new stores, during the 9-month period, operating cash flow was ¥669 million. The Company explained that this demonstrated that new stores at this pace could be funded within operating cash flow. - FY2017-Q1AdvancedAnnual report
「The increase in borrowings resulted from financing obtained from financial institutions to acquire treasury shares, as described below. Funds raised through the issuance of new shares will be allocated as planned to capital expenditures for new stores and other purposes.」
Borrowings from financial institutions were used to acquire treasury shares, while funds raised through the issuance of new shares were earmarked for capital expenditures for new stores and other purposes. The numerical outlook for funding expansion to more than 100 stores has not been updated. - FY2016First statedAnnual report
「Given the positive contribution from operating cash flow and current cash and deposits, we believe we can stably fund expansion from the 43 company-operated stores as of 5 September 2016 to more than 100 stores in the future.」
The Company indicated that operating cash flow and cash and deposits would be sufficient to fund expansion of its company-operated stores to more than 100 locations.