SFL Group Profitability in the Next Fiscal Year
First written in FY2017. 2 of 10 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2020-Q3.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2020-Q3DroppedAnnual report
「The group centred on SPEEDLOAN FINANCE LIMITED in the UK, referred to below as "SFL," is being transferred to Harvey & Thompson Limited, a major UK pawn finance company, and is proceeding with its withdrawal, as previously announced.」
The transfer and withdrawal from the UK business continue in place of SFL's profitability target and the policy of introducing the 大黒屋 model. - FY2020-Q2DroppedAnnual report
「In light of the withdrawal from the UK's pawnshop business and secondhand jewelry purchase and sale business, the company decided to transfer the business in order to use management resources more efficiently.」
Instead of the target of returning SFL to profitability and the policy of introducing the 大黒屋 model, the company indicated a withdrawal from the UK business and an asset transfer. - FY2020-Q1The gap between the profitability target and actual results persistsAnnual report
「At the SFL Group, pawn lending and retail revenue declined as a result of the restructuring accompanying the review of its business portfolio. In addition, the discontinuation of the foreign exchange business and the downsizing of the remittance business reduced gross profit to ¥366 million, down ¥140 million year on year, or 27.8%. Selling, general and administrative expenses were ¥67 million lower year on year as a result of the restructuring, but the company still reported an operating loss of ¥202 million, a deterioration of ¥73 million year on year.」
SFL's policy of returning to profitability remains in place, but it posted an operating loss of ¥202 million in the first quarter under review, with losses worsening year on year and the gap with the profitability target persisting. - FY2019The gap between the profitability target and actual results persistsAnnual report
「In the UK SFL Group, we aim to achieve profitability through lower interest expenses following repayment of a £10 million loan from GBFC (Gordon Brothers Finance Company), further reductions in head-office costs through rationalisation, and higher retail sales from increased pawn loan balances and inventory.」
The policy of returning SFL to profitability through debt repayment, cost reductions and higher pawn loan balances and inventory remains in place, but the current fiscal year resulted in an operating loss of ¥746 million and an ordinary loss of ¥1,008 million. - FY2019-Q3Widening gap between the profitability target and actual resultsAnnual report
「As a result of lower revenue and gross margin following restructuring and a review of the business mix, SFL Group posted an operating loss of ¥538 million for the nine months ended the third quarter, compared with operating income of ¥30 million in the same period of the previous year. To achieve an early return to profitability, we will introduce the business model developed at 大黒屋 and pursue efficient operations.」
The policy of achieving an early return to profitability and introducing the 大黒屋 model remains in place, but SFL posted an operating loss of ¥538 million, widening the gap with its profitability target from operating income of ¥30 million in the same period of the previous year. - FY2019-Q2Widening gap between the profitability target and actual resultsAnnual report
「SFL Group generated operating income through the third quarter of the previous consolidated fiscal year, but operating income for the six months ended the second quarter was a loss of ¥285 million, compared with operating income of ¥1 million in the same period of the previous year, as revenue declined following restructuring and a review of the business mix. We will work to return SFL Group to profitability and introduce and promote the business model developed at 大黒屋.」
SFL's policy of returning to profitability remains in place, but it posted an operating loss of ¥285 million for the six months ended the second quarter, and has still not achieved profitability. - FY2019-Q1RestatedAnnual report
「For the second quarter onward, SFL Group expects to complete its refinancing and reach a position in which it can generate operating income, as it did through the third quarter of the previous consolidated fiscal year.」
Toward SFL's return to profitability, the company reaffirmed its policy of expecting SFL to be in a position to generate operating income from the second quarter onward after completing refinancing. However, it posted an operating loss in the first quarter under review. - FY2018-Q3AdvancedAnnual report
「Although revenue declined, gross margin improved to 63.0% from 55.2% in the same period of the previous year, partly due to the effects of restructuring carried out in the previous consolidated fiscal year. Operating income was ¥30 million, down ¥38 million year on year. In addition, non-operating expenses improved by ¥72 million year on year, resulting in an ordinary loss of ¥223 million, an improvement of ¥33 million year on year.」
Gross margin improved and operating income was a profit of ¥30 million toward SFL's return to profitability. However, SFL posted an ordinary loss of ¥223 million and did not achieve profitability. - FY2018-Q1AdvancedAnnual report
「Partly as a result of the restructuring carried out in the previous fiscal year, the gross profit margin improved to 66.2% from 59.3% in the same period of the previous year, despite lower revenue. Selling, general and administrative expenses declined by less because the head office was relocated to London in May, but the operating profit margin improved substantially to 4.2% from 0.2% in the same period of the previous year. However, the company did not yet generate enough profit to fully cover its interest expense and ultimately reported a slight loss.」
Gross and operating margins improved after restructuring toward SFL's return to profitability. However, the improvement did not fully cover interest expenses, and the company ultimately posted a small loss, missing its profitability target. - FY2017First statedAnnual report
「As restructuring is expected to improve management efficiency, SFL Group's performance is expected to improve significantly, including through an improvement in its gross margin, and the group is expected to return to profitability.」
The company explicitly stated for the first time its target of achieving profitability in the following fiscal year through completion of SFL's restructuring and improved management efficiency.