Komori
Japan Craft Holdings (7135) · InitiativeAdvanced

Restructuring the Store Network Based on Regional Strategy

First written in FY2022-Q3. 14 of 16 entries say "Advanced", first in FY2022. Latest entry: FY2026.

16entries
5years
3from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2022 – 2026-05-142022: 320222023: 420232024: 220242025: 220252026: 52026
Same theme, other companies
Store openings focused on location and profitability and rationalization of unprofitable storesA theme 72 companies write about · 2 as a headwind · 78 as a tailwind

47 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 72 companies compared. The sentences above are computed from all 72.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In terms of our store network, we closed 1 store in the Tohoku region, 1 in the Kanto region, 2 in the Kinki region, 1 in the Chugoku region and 1 in Okinawa, while opening 1 new store in Tohoku, 1 in Chubu and 1 in Okinawa. As a result, the number of stores at the end of the consolidated fiscal year was 211.」

    While closing 6 stores, the Company opened 3 new stores and continued reorganizing its store network. The period-end store count changed from 214 to 211.
  3. FY2026-H1AdvancedAnnual report

    「The Company closed 4 stores, 1 each in Tohoku, Kanto, Kinki and Okinawa, while opening 2 new stores, 1 each in Tohoku and Okinawa. The number of stores at the end of the interim consolidated accounting period was 212. It also continued refurbishing some stores to attract new and repeat customers.」

    While closing 4 stores, the Company opened 2 new stores, bringing the period-end store count to 212. Store refurbishments to attract new and repeat customers are also under way.
  4. FY2025AdvancedAnnual report

    「Following a review of individual-store profitability and other factors, the Company closed 12 stores: 1 in Tohoku, 5 in Kanto, 3 in Chubu, 1 in Kinki, 1 in Chugoku and 1 in Kyushu. The number of stores at the end of the consolidated fiscal year was 214.」

    Based on its review of individual-store profitability, the Company closed 12 stores and continued reorganizing its store network. The period-end store count was 214.
  5. FY2025-H1AdvancedAnnual report

    「Following the store-network reorganization achieved by eliminating all unprofitable stores in the previous fiscal year, the Company continued reviewing the profitability of individual stores this fiscal year and closed 5 stores: 2 in Kanto, 2 in Chubu and 1 in Kinki. The number of stores at the end of the interim consolidated accounting period was 221.」

    After eliminating all unprofitable stores, the Company continued reviewing individual-store profitability and closing stores. The number of stores at the end of the interim consolidated accounting period was 221.
  6. FY2024-Q3AdvancedAnnual report

    「The Company further advanced its store reorganization. By rigorously implementing its area strategy, it opened 1 new store in Chugoku and Shikoku and closed 40 unprofitable stores: 9 in Hokkaido and Tohoku, 6 in Kanto, 5 in Chubu, 9 in Kinki, 4 in Chugoku and Shikoku, and 7 in Kyushu and Okinawa. The number of stores at the end of the third quarter of the consolidated accounting period was 279.」

    While opening 1 new store in Chugoku and Shikoku, the Company closed 40 unprofitable stores, bringing the period-end store count to 279.
  7. FY2024-Q2AdvancedAnnual report

    「The Company further advanced its store reorganization. By rigorously implementing its area strategy, it opened 1 new store in Chugoku and Shikoku and closed 8 unprofitable stores: 1 in Hokkaido and Tohoku, 1 in Kanto, 1 in Chubu, 3 in Kinki, and 2 in Kyushu and Okinawa. The number of stores at the end of the second quarter of the consolidated accounting period was 311.」

    While opening 1 new store in Chugoku and Shikoku, the Company closed 8 unprofitable stores and continued reorganizing its store network.
  8. FY2024-Q1AdvancedAnnual report

    「The Company further advanced its store reorganization. By rigorously implementing its area strategy, it closed 7 stores: 1 in Kanto, 1 in Chubu, 3 in Kinki, and 2 in Kyushu and Okinawa. The number of stores at the end of the first quarter of the consolidated accounting period was 311.」

    The Company closed 7 unprofitable stores, bringing the period-end store count to 311.
  9. FY2023AdvancedAnnual report

    「As part of 藤久's store-network reorganization under its area strategy, the Company opened 9 new stores: 1 in Hokkaido and Tohoku, 1 in Kanto, 3 in Chubu, 1 in Kinki, 1 in Chugoku and Shikoku, and 2 in Kyushu and Okinawa. It closed 60 unprofitable stores: 9 in Hokkaido and Tohoku, 17 in Kanto, 16 in Chubu, 7 in Kinki, 7 in Chugoku and Shikoku, and 4 in Kyushu and Okinawa.」

    During the full fiscal year, the Company implemented scrap-and-build measures, opening 9 new stores and closing 60 unprofitable stores.
  10. FY2023-Q3AdvancedAnnual report

    「Through strategic store-network reorganization, the Company opened 8 new stores: 1 in Hokkaido and Tohoku, 1 in Kanto, 3 in Chubu, 1 in Kinki, 1 in Chugoku and Shikoku, and 1 in Kyushu and Okinawa. It also closed 44 unprofitable stores: 7 in Hokkaido and Tohoku, 11 in Kanto, 12 in Chubu, 6 in Kinki, 6 in Chugoku and Shikoku, and 2 in Kyushu and Okinawa. The number of stores at the end of the third quarter of the consolidated accounting period was 333.」

    During the nine months ended the third quarter, the Company implemented scrap-and-build measures, opening 8 new stores and closing 44 stores. The store count was 333.
  11. FY2023-Q2AdvancedAnnual report

    「To strengthen its business, the Company implemented strategic scrap-and-build measures based on its area strategy. It opened 7 new stores: 1 in Hokkaido and Tohoku, 1 in Kanto, 2 in Chubu, 1 in Kinki, 1 in Chugoku and Shikoku, and 1 in Kyushu and Okinawa. It also closed 24 unprofitable stores: 3 in Hokkaido and Tohoku, 6 in Kanto, 8 in Chubu, 4 in Kinki, 1 in Chugoku and Shikoku, and 2 in Kyushu and Okinawa. The number of stores at the end of the second quarter of the consolidated accounting period was 352.」

    As a result of opening 7 new stores and closing 24 stores during the six months ended the second quarter, the store count changed from 357 to 352.
  12. FY2023-Q1AdvancedAnnual report

    「The Company advanced strategic scrap-and-build measures to reorganize its store network under its area strategy. It opened 3 new stores, 1 each in Hokkaido and Tohoku, Kanto, and Kyushu and Okinawa, and closed 15 unprofitable stores, 2 in Hokkaido and Tohoku, 4 in Kanto, 5 in Chubu, 3 in Kinki, and 1 in Kyushu and Okinawa. The number of stores at the end of the first quarter of the consolidated fiscal year was 357.」

    During the first quarter, the Company implemented scrap-and-build measures, opening 3 new stores and closing 15 stores.
  13. FY2022AdvancedAnnual report

    「The Company closed 18 unprofitable stores: 5 in Hokkaido and Tohoku, 7 in Kanto, 3 in Chubu, 2 in Kinki, and 1 in Chugoku and Shikoku. It also opened 3 new stores to reorganize the regional store network: 2 in Kanto and 1 in Kinki. The number of stores at the end of the consolidated fiscal year was 369.」

    Scrap-and-build measures combining the closure of unprofitable stores with new openings were implemented throughout the fiscal year.
  14. FY2022-Q3First statedAnnual report

    「Under its area strategy, the Group opened 2 new Craft Heart Tokai stores and closed 9 Craft Heart Tokai stores and 1 Craft Park store. As a result, the total number of stores at the end of the third quarter of the consolidated fiscal year was 376.」

    Stores were opened and closed concurrently, reorganizing the store network based on the area strategy.
Moved together

"Enhancing customer touchpoints and the customer experience through craft classes and online workshops" moved the same way as this thread, in the same document, in 13 of its 16 moves.

1396655★123456
  1. ★This thread
  2. 1Enhancing customer touchpoints and the customer experience through craft classes and online workshops13×
  3. 2Expanding Classes, Products and Sales Touchpoints Through Business Alliances9×
  4. 3Making Nippon Vogue Co., Ltd. a Wholly Owned Subsidiary and Deepening Collaboration6×
  5. 4Developing New Customer Segments Through the Full-Scale B2B Business6×
  6. 5Going-Concern Risk Associated with Losses and Negative Operating Cash Flow5×
  7. 6Expanding the business through M&A and strategic alliances5×

★ 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 Japan Craft Holdings yet. It last moved in the Results presentation of 2026-08-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Restructuring the Store Network Based on Regional Strategy | JAPAN CRAFT HOLDINGS CO.,LTD. (7135) | Komori