Maintaining same-store sales at 98–100% of the previous year
First written in FY2017-Q1. 1 of 10 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2020: 16 of 44 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual report
「The key components of this medium-term management plan are as follows: a. Improve profitability at existing stores and develop the new Kourakuen model; b. Expand the new Kourakuen model overseas and organize new business formats into the group; c. Expand the external sales business in connection with the construction of a new factory; d. Strengthen the financial position; e. Management with an emphasis on corporate governance.」
The previous specific target of maintaining same-store sales at 98–100% of the previous year is not included among the key components of the medium-term management plan in this filing, and has been replaced with the wording “improve profitability at existing stores.” - FY2020-Q3Actual results below targetAnnual report
「The company also held the “Kourakuen Revival Celebration: Customer Appreciation Festival” twice, in November and December, with sales and customer numbers both ending at 95.6% of the previous period.」
Against the target of maintaining same-store sales at 98–100% of the previous year, cumulative third-quarter sales were 95.6% of the previous period, below the target range. - FY2020-Q2Above the target rangeAnnual report
「For the cumulative period from April to September 2019, existing-store sales were 105.6% and customer numbers were 102.6% compared with the previous period.」
Against the previous target of maintaining same-store sales at 98–100% of the previous year, sales for the cumulative period from April to September 2019 were 105.6%, exceeding the target range. - FY2020-Q1Above the target rangeAnnual report
「In addition, as a customer-focused measure, the company changed its price displays to make them easier for customers to understand by standardizing all products at tax-inclusive prices. Year-on-year results for existing stores were 107.6% for sales and 105.8% for customer numbers.」
Against the previous target of maintaining same-store sales at 98–100% of the previous year, same-store sales in the first quarter were 107.6%, exceeding the target range. - FY2019-Q3RestatedAnnual report
「(b) Measures to Revitalize Existing Stores (Maintain same-store sales at 98–100% of the previous year)」
The medium-term management plan reiterates the target of maintaining same-store sales at 98–100% of the previous year. - FY2019-Q1Actual results below targetAnnual report
「Year-on-year results for existing stores were 96.4% for sales and 97.0% for customer numbers.」
Against the medium-term management plan target of maintaining same-store sales at 98–100% of the previous year, sales in the first quarter were 96.4%, below the target range. - FY2018Within the target rangeAnnual report
「Same-store sales at 99.7% of the previous period」
Against the target of maintaining same-store sales at 98–100% of the previous year, full-year results were 99.7%, within the target range. - FY2018-Q3Above the target rangeAnnual report
「The company progressively introduced region-specific products such as Miso Vegetable Ramen and renovated the exteriors and interiors of 84 stores in line with the product image (293 stores as of the end of the third quarter; same-store sales at 101.9% of the previous period).」
Against the target of maintaining same-store sales at 98–100% of the previous year, same-store sales for the cumulative third quarter were 101.9% of the previous period, exceeding the upper end of the target range. - FY2017-Q3Actual results below targetAnnual report
「Due to this issue, same-store sales in the third quarter decreased by 9.4% (October: 6.4%, November: 15.6%, December: 6.6%), and net sales amounted to ¥28,481 million, down 1.4% year on year.」
Against the plan’s target of maintaining same-store sales at 98–100% of the previous year, third-quarter same-store sales decreased by 9.4% year on year. - FY2017-Q1First statedAnnual report
「(b) Measures to Revitalize Existing Stores (Maintain same-store sales at 98–100% of the previous year)」
Under the new 3-year medium-term management plan, the company has set a target of maintaining same-store sales at 98–100% of the previous year’s level.