Komori
Plaza Holdings (7502) · InitiativeAdvanced

Scrap-and-build of unprofitable stores and store format conversions

First written in FY2016. 24 of 33 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-10.

33entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2021-Q1 – 2026-08-102016: 120162017: 420172018: 420182019: 320192020: 420202021: 320212022: 420222023: 420232024: 220242025: 020252026: 42026
Same theme, other companies
Store Network Reconfiguration through New Openings, Renovations and ClosuresA theme 57 companies write about · 0 as a headwind · 60 as a tailwind

45 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 57 companies compared. The sentences above are computed from all 57.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-10AdvancedEarnings presentation

    「Franchised stores declined following the consolidation and closure of low-profit stores」

    The consolidation and closure of low-profit stores was identified as a specific factor in store restructuring, updating the progress of the scrap-and-build approach.
  2. FY2026AdvancedAnnual report

    「3 stores in Eastern Japan, 35 stores in the Kanto region, 30 stores in Western Japan, and headquarters and other assets, totaling ¥99.924 million.」

    The company continued impairment testing for stores with continuing operating losses and other similar conditions, recognizing impairment losses of ¥99.924 million, including 68 stores across Eastern Japan, the Kanto region and Western Japan, as well as other assets.
  3. FY2024AdvancedAnnual report

    「During the consolidated fiscal year, our Group recognized impairment losses on the following asset groups: 14 stores in Eastern Japan, 34 stores in the Kanto region, 28 stores in Western Japan, and headquarters and other assets, totaling ¥196.744 million.」

    The company continued impairment testing for unprofitable stores and other assets and recognized annual impairment losses of ¥196.744 million.
  4. FY2024-Q3AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets slated for disposal or closure to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the nine-month consolidated cumulative period under review, impairment losses totaled ¥20.358 million in the Imaging Business and ¥57.882 million in the Mobile Business.」

    The company continued impairment testing on fixed assets slated for disposal or closure. During the nine-month cumulative period under review, impairment losses totaled ¥20.358 million in the Imaging Business and ¥57.882 million in the Mobile Business, for a total of ¥78.241 million.
  5. FY2024-Q2AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets slated for disposal or closure to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the six-month consolidated cumulative period under review, impairment losses totaled ¥14.184 million in the Imaging Business and ¥26.796 million in the Mobile Business.」

    The company continued impairment testing on fixed assets slated for disposal or closure and recognized ¥14.184 million in the Imaging Business and ¥26.796 million in the Mobile Business, totaling ¥40.980 million, during the six-month cumulative period under review.
  6. FY2024-Q1AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets at stores and other sites slated for disposal or closure to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the three-month consolidated cumulative period under review, impairment losses totaled ¥5.181 million in the Imaging Business and ¥26.429 million in the Mobile Business.」

    The company continued impairment testing on fixed assets at stores and other sites slated for disposal or closure and recognized ¥5.181 million in the Imaging Business and ¥26.429 million in the Mobile Business during the cumulative period under review.
  7. FY2023AdvancedAnnual report

    「For stores, our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses.」

    The company continued impairment testing for unprofitable stores and other assets and recognized annual impairment losses of ¥249.563 million. In addition to 12 stores in Eastern Japan, 36 in the Kanto region and 26 in Western Japan, impairment losses on goodwill were also recognized.
  8. FY2023-Q3AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets slated for disposal or closure to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the nine-month consolidated cumulative period under review, impairment losses totaled ¥23.754 million in the Imaging Business and ¥43.964 million in the Mobile Business.」

    The company continued impairment testing on fixed assets slated for disposal or closure. During the nine-month cumulative period under review, impairment losses totaled ¥23.754 million in the Imaging Business and ¥43.964 million in the Mobile Business.
  9. FY2023-Q2AdvancedAnnual report

    「In the six-month consolidated cumulative period under review, impairment losses totaled ¥19.122 million in the Imaging Business and ¥16.654 million in the Mobile Business.」

    The company continued impairment testing on fixed assets slated for disposal or closure and recognized ¥19.122 million in the Imaging Business and ¥16.654 million in the Mobile Business during the six-month cumulative period under review.
  10. FY2023-Q1AdvancedAnnual report

    「In the three-month consolidated cumulative period under review, impairment losses totaled ¥9.978 million in the Imaging Business and ¥6.861 million in the Mobile Business.」

    The company continued impairment testing on fixed assets at stores and other sites slated for disposal or closure and recognized ¥9.978 million in the Imaging Business and ¥6.861 million in the Mobile Business during the three-month cumulative period under review.
  11. FY2022AdvancedAnnual report

    「During the consolidated fiscal year, our Group recognized impairment losses on the following asset groups: 14 stores in Eastern Japan, 49 stores in the Kanto region, 23 stores in Western Japan, and headquarters and other assets, totaling ¥127.370 million.」

    The company continued impairment testing for unprofitable stores and other assets and recognized annual impairment losses of ¥127.370 million. Although this was down from ¥517.719 million in the previous year, impairment charges associated with store selection and closures continued.
  12. FY2022-Q3AdvancedAnnual report

    「In the nine-month consolidated cumulative period under review, impairment losses totaled ¥12.301 million in the Imaging Business and ¥22.544 million in the Mobile Business.」

    The company continued impairment testing on fixed assets slated for disposal and recognized ¥12.301 million in the Imaging Business and ¥22.544 million in the Mobile Business during the nine-month cumulative period under review.
  13. FY2022-Q1AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets at stores and other sites slated for disposal or closure to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the three-month consolidated cumulative period under review, impairment losses totaled ¥2.735 million in the Imaging Business and ¥16.566 million in the Mobile Business.」

    The company conducted impairment testing on stores and other sites slated for disposal or closure and recognized ¥2.735 million in the Imaging Business and ¥16.566 million in the Mobile Business during the three-month cumulative period under review.
  14. FY2021AdvancedAnnual report

    「During the consolidated fiscal year, our Group recognized impairment losses on the following asset groups: 9 stores in Eastern Japan, 46 stores in the Kanto region, 36 stores in Western Japan, and headquarters and other assets, totaling ¥517.719 million.」

    Annual impairment losses of ¥517.719 million were recognized, including shared assets at headquarters and elsewhere slated for disposal in addition to unprofitable stores.
  15. FY2021-Q3AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets slated for disposal to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the nine-month consolidated cumulative period under review, impairment losses totaled ¥122.200 million in the Print Business, ¥28.334 million in the Mobile Business and ¥9.407 million in corporate expenses.」

    The company continued impairment testing on fixed assets slated for disposal. During the nine-month cumulative period under review, impairment losses totaled ¥122.200 million in the Print Business, ¥28.334 million in the Mobile Business and ¥9.407 million in corporate expenses.
  16. FY2021-Q2AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets slated for disposal to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the six-month consolidated cumulative period under review, impairment losses totaled ¥110.459 million in the Print Business, ¥19.902 million in the Mobile Business and ¥9.834 million in corporate expenses.」

    The company conducted impairment testing on fixed assets slated for disposal and recognized total impairment losses of ¥140.196 million during the six-month cumulative period under review.
  17. FY2021-Q1AdvancedAnnual report

    「Our Group writes down the carrying amount of fixed assets slated for disposal to their recoverable amount and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the three-month consolidated cumulative period under review, impairment losses totaled ¥102.601 million in the Print Business, ¥6.782 million in the Mobile Business and ¥9.834 million in corporate expenses.」

    The company conducted impairment testing on fixed assets slated for disposal and recognized total impairment losses of ¥119.218 million during the three-month cumulative period under review.
  18. FY2020RestatedAnnual report

    「In response to changes in economic conditions and other changes in the store-location environment, we will continue closing unprofitable stores through store scrap-and-build initiatives, while proceeding with relocations to new, well-positioned sites and opening stores following format conversions.」

    The company plans to continue closing unprofitable stores, relocating them to well-positioned sites and opening stores following format conversions.
  19. FY2020-Q3RestatedAnnual report

    「Our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the nine-month consolidated cumulative period under review, impairment losses totaled ¥57.731 million in the Print Business and ¥5.401 million in the Mobile Business.」

    The company continued impairment testing for stores with continuing operating losses. In the nine-month cumulative period under review, impairment losses totaled ¥57.731 million in the Print Business and ¥5.401 million in the Mobile Business.
  20. FY2020-Q2RestatedAnnual report

    「Our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the six-month consolidated cumulative period under review, impairment losses totaled ¥21.012 million in the Print Business and ¥5.631 million in the Mobile Business.」

    The company continued impairment testing for stores with continuing operating losses and recognized ¥21.012 million in the Print Business and ¥5.631 million in the Mobile Business during the six-month cumulative period under review.
  21. FY2019AdvancedAnnual report

    「During the consolidated fiscal year, our Group recognized impairment losses on the following asset groups: 102 stores in Eastern Japan, 19 stores in the Kanto region, 47 stores in Western Japan, and headquarters and other assets, totaling ¥185.877 million.」

    Impairment losses exceeding ¥185 million were recognized for approximately 168 stores and other assets that continued to post operating losses.
  22. FY2019-Q3RestatedAnnual report

    「Our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the nine-month consolidated cumulative period under review, impairment losses totaled ¥65.097 million in the Print Business and ¥37.056 million in the Mobile Business.」

    The company continued impairment testing for stores with continuing operating losses and recognized ¥65.097 million in the Print Business and ¥37.056 million in the Mobile Business during the nine-month cumulative period under review.
  23. FY2019-Q2RestatedAnnual report

    「Our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the six-month consolidated cumulative period under review, impairment losses totaled ¥24.630 million in the Print Business and ¥25.263 million in the Mobile Business.」

    The company continued impairment testing for stores with continuing operating losses and recognized ¥24.630 million in the Print Business and ¥25.263 million in the Mobile Business during the six-month cumulative period under review.
  24. FY2019-Q1RestatedAnnual report

    「In the three-month consolidated cumulative period under review, impairment losses totaled ¥3.456 million in the Print Business and ¥10.896 million in the Mobile Business.」

    The company continued impairment testing for stores with continuing operating losses and disclosed the amounts recognized by business segment for the quarter.
  25. FY2018AdvancedAnnual report

    「The conversion of company-operated stores to franchises, which we had actively promoted since the previous fiscal year, reached 64 stores at the end of the current fiscal year. Although revenue declined as we shifted our policy from operating company-owned stores to a wholesale business, selling, general and administrative expenses were significantly reduced through business-structure reform.」

    The company advanced structural reforms, including converting directly operated stores to franchises and reorganizing unprofitable stores, achieving fixed-cost reductions in exchange for lower revenue.
  26. FY2018-Q3AdvancedAnnual report

    「Revenue from the Anything Dubbing Service had recovered to approximately the prior-year level by the third quarter through campaigns. In addition, the conversion of directly operated stores to franchises, pursued during the consolidated accounting period of the previous fourth quarter, and the closure of unprofitable stores enabled a substantial reduction in fixed selling, general and administrative expenses even as revenue declined.」

    The company substantially reduced selling, general and administrative expenses while revenue declined as a result of converting directly operated stores to franchises and closing unprofitable stores.
  27. FY2018-Q2RestatedAnnual report

    「Our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the six-month consolidated cumulative period under review, impairment losses totaled ¥14.730 million in the Print Business.」

    The company continued impairment testing for stores with continuing operating losses and disclosed ¥14.730 million recognized in the Print Business during the six-month cumulative period under review.
  28. FY2018-Q1RestatedAnnual report

    「Our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the three-month consolidated cumulative period under review, impairment losses totaled ¥8.819 million in the Print Business and ¥1.134 million in the Mobile Business.」

    The company continued to conduct impairment testing for stores that continued to post operating losses and disclosed the amount recognized in the quarter.
  29. FY2017AdvancedAnnual report

    「Eastern Japan 10 stores Stores Buildings, etc. ¥13.100 million Kanto region 41 stores Stores Buildings, etc. ¥56.885 million Western Japan 40 stores Stores Buildings, etc. ¥50.716 million」

    Impairment losses totaling more than ¥120 million were recognized for 91 stores that continued to post operating losses.
  30. FY2017-Q3AdvancedAnnual report

    「Our Group reduces the carrying amount of stores with continuing operating losses and other similar conditions to their recoverable amount, and recognizes the resulting reduction as an impairment loss under extraordinary losses. In the nine-month consolidated cumulative period under review, impairment losses totaled ¥41.496 million in the Print Business and ¥7.142 million in the Mobile Business.」

    The company conducted impairment testing for stores that continued to post operating losses and disclosed specific accounting progress relating to store selection and restructuring.
  31. FY2016First statedAnnual report

    「We will continue closing unprofitable stores through store scrap-and-build initiatives, while proceeding with relocations to new, well-positioned sites and opening stores following format conversions.」

    The company continues to close unprofitable stores, relocate them to well-positioned sites and convert store formats.
Moved together

"Creating New Products and Services and Expanding into New Business Areas" moved the same way as this thread, in the same document, in 14 of its 33 moves.

14149987★123456
  1. ★This thread
  2. 1Creating New Products and Services and Expanding into New Business Areas14×
  3. 2Store Synergies from High-Value-Added Products and the Vistaprint Brand14×
  4. 3Securing and Retaining Store Employees and Developing Talent9×
  5. 4Share Repurchases as a Flexible Capital Policy9×
  6. 5Converting Existing Print Shops to “Photo & More”8×
  7. 6Capital Investment in Print Systems, New Store Openings and Expansion of Existing Stores7×

★ 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 Plaza Holdings yet. It last moved in the Earnings 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.
Scrap-and-build of unprofitable stores and store format conversions | PLAZA HOLDINGS CO.,LTD. (7502) | Komori