Losses on Store Closures Associated with the Scrap-and-Build of Unprofitable Stores
First written in FY2019. 9 of 21 entries say "Mitigated", first in FY2020-Q2. Latest entry: 2026-05-15.
Art Vivant moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2023: 7 of 20 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- 2026-05-15WorsenedRevision of earnings forecasts
「Store closure losses 4,940 21,574」
The amount of store closure losses increased from the previous fiscal year as the company proceeded with closing unprofitable stores. - FY2026-H1WorsenedAnnual report
「Store closure losses 136 14,092」
Store closure losses associated with closing unprofitable stores and other factors increased from ¥136 thousand in the same period of the previous year to ¥14.092 million. - FY2025MitigatedAnnual report
「Store closure losses 57,280 4,940」
Store closure losses associated with closing unprofitable stores declined from ¥57.280 million in the previous period to ¥4.940 million. - FY2025-H1MitigatedAnnual report
「Store closure losses 5,326 136」
Store closure losses declined from ¥5.326 million in the same period of the previous year to ¥136 thousand, reducing the exposure to losses associated with closing unprofitable stores. - FY2024MitigatedAnnual report
「Store closure losses 106,207 57,280」
Losses associated with closing unprofitable stores declined from ¥106.207 million in the previous period to ¥57.280 million. However, losses associated with store closures and the termination of businesses continued to arise. - FY2024-Q3WorsenedAnnual report
「Store closure losses 14,271 57,130」
Store closure losses associated with store policy and closures increased from ¥14.271 million in the same period of the previous year to ¥57.130 million. - FY2023MitigatedAnnual report
「Provision for store closure losses 1,028 －」
The provision for store closure losses declined from ¥1.028 million at the end of the previous period to nil at the end of the current period. However, store closure losses themselves increased during the period. - FY2023-Q1WorsenedAnnual report
「Provision for store closure losses 1,028 1,632」
The provision for store closure losses increased from ¥1.028 million at the end of the previous consolidated fiscal year to ¥1.632 million. - FY2022MitigatedAnnual report
「Provision for store closure losses 4,732 1,028」
The provision for store closure losses declined from ¥4.732 million at the end of the previous period to ¥1.028 million, reducing the exposure to losses associated with closing unprofitable stores. - FY2022-Q3WorsenedAnnual report
「Provision for store closure losses 4,732 8,315」
The provision for store closure losses increased from ¥4.732 million at the end of the previous consolidated fiscal year to ¥8.315 million, increasing the exposure to losses associated with closing unprofitable stores. - FY2022-Q2WorsenedAnnual report
「Provision for store closure losses 4,732 9,614」
The provision for store closure losses increased from ¥4.732 million at the end of the previous consolidated fiscal year to ¥9.614 million, increasing the exposure to losses associated with closing unprofitable stores. - FY2022-Q1MitigatedAnnual report
「Provision for store closure losses 4,732 3,980」
The provision for store closure losses declined from ¥4.732 million at the end of the previous consolidated fiscal year to ¥3.980 million. - FY2021WorsenedAnnual report
「Provision for store closure losses 2,478 4,732」
The provision for store closure losses increased from ¥2.478 million at the end of the previous period to ¥4.732 million. - FY2021-Q3MitigatedAnnual report
「Provision for store closure losses 2,478 5,546」
The provision for store closure losses increased from the period-end balance of ¥2.478 million to ¥5.546 million, but declined from ¥32.398 million reported in the previous quarterly report, indicating that the latest provision balance had decreased. - FY2021-Q2WorsenedAnnual report
「Provision for store closure losses 2,478 32,398」
The provision for store closure losses increased from ¥2.478 million at the end of the previous consolidated fiscal year to ¥32.398 million, increasing the exposure to losses associated with closing unprofitable stores. - FY2021-Q1WorsenedAnnual report
「Provision for store closure losses 2,478 46,207」
The provision for store closure losses increased from ¥2.478 million at the end of the previous consolidated fiscal year to ¥46.207 million, increasing the exposure to losses associated with closing unprofitable stores. - FY2020MitigatedAnnual report
「Provision for store closure losses － 2,478」
The provision for store closure losses increased from nil at the end of the previous period to ¥2.478 million. Although the risk of closure losses remains, the provision declined from ¥3.690 million in the latest quarter. - FY2020-Q3RestatedAnnual report
「Provision for store closure losses － 3,690」
The company recognized a ¥3.690 million provision for store closure losses and continued to disclose the risk of losses associated with closing unprofitable stores. - FY2020-Q2MitigatedAnnual report
「Provision for store closure losses － 3,690」
The provision for store closure losses was ¥3.690 million, down from ¥9.554 million reported in the previous quarter. However, the company also recognized ¥3.474 million in store closure losses during the quarter. - FY2020-Q1MaterialisedAnnual report
「Provision for store closure losses － 9,554」
The company recognized a ¥9.554 million provision for store closure losses, indicating that losses associated with closing unprofitable stores had materialized during the quarter. - FY2019First statedAnnual report
「The Group carries out store portfolio restructuring to improve store profitability under its store policy, and losses arising from the closure of unprofitable stores may therefore affect the Group's results.」
The company explicitly stated for the first time its policy of restructuring its store portfolio to improve store profitability and the possibility of losses from closing unprofitable stores. It recorded ¥687 thousand in store closure losses during the period.