Net decrease in directly operated stores from exiting unprofitable locations
First written in FY2016. 22 of 26 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2018: 4 of 36 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Store closures exceeded the planAnnual report
「Directly operated store sales decreased 1.0% from the previous fiscal year, as the accelerated closure of unprofitable stores and a decline in new customers following a review of sales promotions put pressure on earnings in the short term.」
The company accelerated the consolidation of unprofitable stores beyond the initial plan, which reduced sales in the short term. - 2026-05-19AdvancedFinancial Results Presentation
「Because store closures exceeded the original plan, from 5 stores to 13, the number of stores declined both at department stores and specialty stores on a total-store basis」
Closures of directly operated stores exceeded the original plan, resulting in 169 stores as of the end of March 2026. - FY2025AdvancedAnnual report
「Regarding store openings and closures, 9 stores were closed because of the closure of host locations and unprofitable operations, while 4 stores were opened as replacements and for other purposes, bringing the period-end store count to 178.」
The company accelerated the consolidation of unprofitable and closed stores, closing 9 stores and opening 4, bringing the number of stores at the end of the period to 178. - FY2025-H1AdvancedAnnual report
「Because the number of stores decreased by 10 from the end of the same period a year earlier due to the closure of host facilities and unprofitable stores」
The number of stores decreased by 10 from the end of the same period a year earlier due to the closure of host facilities and unprofitable stores. - FY2024AdvancedAnnual report
「Thirteen stores were closed due to facility closures and unprofitability, while 2 stores were opened as replacements for closed stores and for other reasons, bringing the number of stores at the end of the period to 183.」
The directly operated store network saw 13 closures and 2 openings, resulting in a net decrease to 183 stores at the end of the period. - FY2024-Q3AdvancedAnnual report
「As the number of stores at the end of December decreased by 11 from the end of the same period a year earlier because of the closure of unprofitable stores and other factors, cumulative sales declined 2.6% year on year. On an existing-store basis, however, sales were maintained at approximately the same level as in the same period a year earlier.」
The number of directly operated stores decreased by 11 from the end of the same period a year earlier as of the end of December, mainly due to the closure of unprofitable stores. - FY2023AdvancedAnnual report
「Twelve stores were closed due to host-location closures and unprofitable operations, while 4 stores were opened, including replacement locations for closed stores. The number of stores at period-end was 194.」
With 12 stores closed and 4 stores opened, the number of directly operated stores was 194 at the end of the period. - FY2023-Q3AdvancedAnnual report
「With store closures and the closure of unprofitable stores, the number of stores at the end of December was 6 lower than at the end of the same period of the previous year.」
Due to host-location closures and the closure of unprofitable stores, the number of direct-operated stores at the end of December was 6 lower than at the end of the same period of the previous year. - FY2022AdvancedAnnual report
「Regarding openings and closures, 6 stores were closed because of the closure of host locations and unprofitable operations, while a total of 5 stores were opened, including replacement locations. The number of stores at period-end was 202.」
The company proceeded with store rationalization and replacement openings, closing 6 stores and opening 5, bringing the number of stores at period-end to 202. - FY2021AdvancedAnnual report
「Regarding openings and closures, a total of 9 stores were closed, including 7 because host locations shut down. Meanwhile, 5 replacement stores were opened for the closed locations, resulting in a net decrease of 4 stores from the beginning of the period and a period-end store count of 203.」
The company proceeded with store closures and replacement openings, bringing the number of stores at period-end to 203, a net decline of 4 from the beginning of the period. - FY2021-Q2AdvancedAnnual report
「Regarding openings and closures, 7 stores were closed, primarily because host locations such as Sogo and Seibu shut down. Meanwhile, 5 replacement stores were opened for the closed locations, bringing the number of stores at the end of the second quarter to 205, a decrease of 2 from the beginning of the period.」
At direct-operated stores, 7 stores were closed and 5 were opened, resulting in a net decline of 2 from the beginning of the period to 205 stores at the end of the second quarter. - FY2020AdvancedAnnual report
「Regarding openings and closures, 2 new stores were opened, while a total of 12 stores were closed, including 6 because their host locations shut down. The number of stores at period-end was 207, a net decrease of 10 from the beginning of the period.」
With 2 stores opened and 12 closed, the number of direct-operated stores declined net by 10 from the beginning of the period to 207. - FY2020-Q3AdvancedAnnual report
「Regarding openings and closures, 2 stores were opened, while 8 stores were closed because of the closure of host locations and the closure of unprofitable stores.」
At direct-operated stores, 2 stores were opened while 8 were closed, and the company continued to reduce the number of stores net. - FY2020-Q2AdvancedAnnual report
「Regarding openings and closures, 1 store was opened, while 8 stores were closed because of the closure of host locations and the closure of unprofitable stores.」
The company continued to rationalize its store network through the closure of unprofitable stores and stores affected by host-location closures, opening 1 store and closing 8. - FY2020-Q1AdvancedAnnual report
「The number of stores at the end of the quarter was 14 lower than at the end of the same period of the previous year.」
Following the closure of unprofitable stores, the number of stores in the direct-operated store sales business declined by 14 from the end of the same period of the previous year. - FY2019AdvancedAnnual report
「Regarding openings and closures, 16 stores were closed because of unprofitable operations and the closure of host locations, while 3 new stores were opened. As a result, the number of stores at period-end was 217.」
The company proceeded with the closure of unprofitable stores and other locations, opening 3 new stores while closing 16. The number of stores at period-end was 217. - FY2019-Q3AdvancedAnnual report
「Meanwhile, 3 stores were opened and 10 stores were closed due to unprofitable operations and the closure of host locations.」
At direct-operated stores, 3 stores were opened while 10 were closed due to unprofitable operations and host-location closures, resulting in a net reduction in the number of stores. - FY2019-Q2AdvancedAnnual report
「Meanwhile, 1 store was opened, while 6 stores were closed due to unprofitable operations and the closure of host locations.」
At direct-operated stores, 1 store was opened while 6 were closed due to unprofitable operations and host-location closures, resulting in a net reduction in the number of stores. - FY2019-Q1AdvancedAnnual report
「In recent years, the company has been closing unprofitable stores to improve store profitability. As the number of stores was 12 lower than in the same period of the previous year, revenue declined 2.5% year on year and total customer traffic also decreased.」
The company continued closing unprofitable stores, resulting in a 12-store year-on-year decline in the number of direct-operated stores. - FY2018-Q3RestatedAnnual report
「However, revenue declined 6.4% year on year, partly due to the number of stores being 3 lower than in the same period of the previous year.」
The number of stores, particularly relaxation salons, continued to decline year on year, making the decline in store count a factor behind the decrease in revenue. - FY2018-Q2AdvancedAnnual report
「As in the previous fiscal year, the company closed unprofitable stores. Although 2 stores were opened through the second quarter, 3 stores were closed, resulting in a 2-store decline from the end of the same period of the previous year.」
The company continued closing unprofitable stores, opening 2 stores and closing 3 through the second quarter, resulting in a 2-store year-on-year decline in the number of stores. - FY2017AdvancedAnnual report
「Regarding openings and closures of direct-operated stores, 11 stores were closed, including unprofitable specialty stores and stores whose host department stores had closed. Meanwhile, 8 stores were opened, mainly as replacement locations for closed stores, in response in part to requests to open stores. As a result, the number of stores at the end of the period was 240, a net decline of 3 from the beginning of the period.」
Following the closure of 11 unprofitable stores and stores affected by department store closures, and the opening of 8 stores, the number of direct-operated stores was 240, a net decline of 3 from the beginning of the period. - FY2017-Q3RestatedAnnual report
「As the Company closed unprofitable stores and optimized the number of sales staff, average spending per customer and sales per employee increased slightly. However, lower store numbers and the resulting decline in customer numbers contributed to a 2.8% year-on-year decrease in sales.」
The disclosure states that the company continued to optimize the number of sales staff and close unprofitable stores, resulting in declines in both the number of stores and customer traffic. - FY2017-Q2AdvancedAnnual report
「As of the end of the second quarter, the number of stores was 8 lower than in the same period of the previous year.」
The company continued closing unprofitable stores, resulting in an 8-store year-on-year decline in the number of stores. - FY2017-Q1AdvancedAnnual report
「During the quarter, 2 stores were opened and 3 unprofitable stores were closed. As a result, the number of stores at the end of the first quarter was 10 lower than in the same period of the previous year.」
The company continued closing unprofitable stores, opening 2 stores and closing 3, resulting in a 10-store year-on-year decline in the number of stores. - FY2016First statedAnnual report
「While 2 stores were opened, 13 stores were closed, including proactive closures of unprofitable stores and closures resulting from the shutdown of host locations. As a result, the number of stores at the end of the period was 243, a net decline of 11 from the beginning of the period.」
With 2 stores opened and 13 closed, the number of direct-operated stores declined net to 243 at period-end.