Declining Profitability at Operating Stores and the Risk of Recovering Lease and Security Deposits
First written in FY2016. 21 of 24 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026-H1.
Konaka moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 4 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「The Group opened a total of 13 new stores, including the Samantha Thavasa Group, while closing 78 stores, bringing the total to 392 stores for the Company and 542 stores for the Group as a whole.」
The closure of 78 stores actually occurred, and the effects associated with the restructuring and downsizing of the store network continue. Store closures include lease expirations and the consolidation or integration of nearby stores. - FY2025MaterialisedAnnual report
「The Group opened a total of 7 new stores, including the Samantha Thavasa Group, while closing 44 stores, bringing the total to 411 stores for the Company and 607 stores for the Group as a whole.」
The closure of 44 stores actually occurred, and the effects associated with declining store profitability and the restructuring of the store network continue. - FY2025-H1MaterialisedAnnual report
「The Group opened a total of 5 new stores, including the Samantha Thavasa Group, while closing 22 stores, bringing the total to 416 stores for the Company and 627 stores for the Group as a whole.」
The closure of 22 stores actually occurred, and the effects associated with declining store profitability and the restructuring of the store network continue. - FY2024WorsenedAnnual report
「The Group opened a total of 34 new stores, including the Samantha Thavasa Group, while closing 87 stores, bringing the total to 416 stores for the Company and 669 stores for the Group as a whole.」
The closure of 87 stores occurred, up from 77 stores in the previous fiscal year. The effects of declining store profitability and the restructuring of the store network continue. - FY2024-Q2MaterialisedAnnual report
「株式会社サマンサタバサジャパンリミテッド, which continues to struggle to recover sales and proceeded with the closure of 30 unprofitable stores」
STJ describes sluggish sales recovery and the closure of 30 unprofitable stores, making the risks associated with declining store profitability and store exits more concrete. - FY2024-Q1MaterialisedAnnual report
「Store closure losses 12」
In the first quarter of the current consolidated cumulative period, the Company recorded ¥12 million in store closure losses, with losses associated with declining store profitability and store exits continuing to arise. - FY2023MaterialisedAnnual report
「The Group opened a total of 37 new stores, including the Samantha Thavasa Group, while closing 77 stores, bringing the total number of Group stores to 721.」
The closure of 77 stores actually occurred, and the effects associated with declining store profitability and the restructuring of the store network continue. - FY2023-Q3WorsenedAnnual report
「Store closure losses 68」
In the first three quarters of the current consolidated cumulative period, the Company recorded ¥68 million in store closure losses, up from ¥31 million in the same period of the previous year. Losses associated with declining store profitability and store exits actually arose, and their impact increased. - FY2023-Q2MaterialisedAnnual report
「The Group closed 39 stores, including 8 each of Konaka, Futata and SUIT SELECT, while opening 21 new stores, including 10 DIFFERENCE stores and 5 SUIT SELECT stores, bringing the total to 743 stores.」
The closure of 39 stores actually occurred, and the effects associated with declining store profitability and the restructuring of the store network continue. - FY2023-Q1MaterialisedAnnual report
「Store closure losses 5 64」
In the first quarter of the current consolidated cumulative period, the Company recorded ¥64 million in store closure losses, up from ¥5 million in the first quarter of the previous year. Losses associated with declining store profitability and store exits continue to arise. - FY2022MaterialisedAnnual report
「Meanwhile, 37 stores were closed due to lease expirations, relocations and other factors, leaving 761 stores.」
The closure of 37 stores actually occurred, and the effects associated with declining store profitability and the restructuring of the store network continue. - FY2022-Q3MaterialisedAnnual report
「Store closure losses 31」
In the first three quarters of the current consolidated cumulative period, the Company recorded ¥31 million in store closure losses, with losses associated with declining store profitability and store exits continuing to arise. - FY2022-Q1MaterialisedAnnual report
「Store closure losses 5」
In the first quarter of the current consolidated cumulative period, the Company recorded ¥5 million in store closure losses, with losses associated with declining store profitability and store exits continuing to arise. - FY2021MaterialisedAnnual report
「Meanwhile, 50 stores were closed due to lease expirations, relocations and other factors, leaving 779 stores.」
The closure of 50 stores actually occurred, and the effects associated with declining store profitability and the restructuring of the store network continue. - FY2021-Q1MaterialisedAnnual report
「Loss on store closures 13 19」
In the first quarter, the Company recorded ¥19 million in store closure losses, with losses associated with declining store profitability and store exits continuing to arise. - FY2020MaterialisedAnnual report
「Meanwhile, 33 stores were closed due to lease expirations, relocations and other factors, leaving 803 stores.」
Store closures have actually occurred, and the effects of declining store profitability and the reorganization of the store network continue. - FY2020-Q3MaterialisedAnnual report
「Loss on store closures 111 40」
The company recorded a ¥40 million loss on store closures in the nine-month period of the current fiscal year, indicating that losses associated with declining store profitability and store closures continue to occur. - FY2020-Q1MaterialisedAnnual report
「Loss on store closures 29 13」
The company recorded a ¥13 million loss on store closures in the first quarter, indicating that losses associated with declining store profitability and store closures continue to occur. - FY2019MaterialisedAnnual report
「Loss on store closures 107」
The company recorded a ¥107 million loss on store closures and also closed 39 stores. Losses associated with declining store profitability and store closures have actually occurred. - FY2019-Q3MaterialisedAnnual report
「Loss on store closures 141 111」
The company recorded a ¥111 million loss on store closures in the nine-month period of the current fiscal year, indicating that the impact associated with closures due to declining store profitability continues to occur. - FY2019-Q1MaterialisedAnnual report
「Loss on store closures 29」
The company recorded a ¥29 million loss on store closures in the first quarter, indicating that the impact associated with closures due to declining store profitability continues to occur. - FY2018-Q3MaterialisedAnnual report
「At the same time as opening new stores under the custom-order format “DIFFERENCE,” the company closed unprofitable suburban stores.」
Unprofitable suburban stores continue to arise and be closed, indicating that the risk of declining store profitability has materialized. - FY2017-Q3MaterialisedAnnual report
「In addition to closing unprofitable stores, the Group actively opened new stores under the custom-order format, DIFFERENCE.」
The company states that unprofitable stores actually arose and were closed, indicating that the risk of declining store profitability has materialized. - FY2016First statedAnnual report
「If profitability declines due to changes in the surrounding location environment or other factors, making a change in business format or store closure necessary, the group may incur losses or other costs.」
The company describes the risk of declining profitability due to changes in the location environment, losses associated with changing business formats or closing stores, difficulty continuing to use stores or recovering receivables due to the bankruptcy of landowners and other factors, and the possibility of forfeiting security and guarantee deposits.