Decrease in consolidated revenue due to business withdrawals
First written in FY2018-Q1. 3 of 15 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2026-H1.
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- FY2026-H1MitigatedAnnual report
「For the consolidated results for the first half of the current fiscal year, revenue increased in both the New Value segment and the Core Value segment, achieving growth of 4.6% year on year.」
The situation has shifted from one centered on a reduction in revenue following past business withdrawals to one in which consolidated revenue increased 4.6% year on year due to higher revenue in both the New Value and Core Value segments. - FY2025-H1Revenue increased on the contribution from the education business, despite delays in kimono deliveriesAnnual report
「In terms of revenue, sales declined in the kimono and jewelry business because deliveries of some products were delayed, but overall revenue increased due in part to the contribution from 灯学舎, which operates preparatory schools and joined the Group in December 2023.」
While delayed deliveries caused a decline in revenue in the kimono and jewelry business, consolidated revenue increased 0.5% year on year due in part to the contribution from 灯学舎. - FY2021Full-year revenue decline and recovery trend after operations resumed describedAnnual report
「For the fiscal year, consolidated revenue was ¥12.701 billion, down 9.7% year on year. Revenue was significantly affected by temporary closures and other measures under the state of emergency issued in April 2020, but followed a recovery trend from the second quarter onward. Although the reissuance of a state of emergency in January 2021 reduced customer traffic, the two companies newly consolidated as subsidiaries in the second half of the previous fiscal year and the stores acquired through the business acquisition contributed for the full year.」
The explanation for the revenue decline has shifted from its previous focus on business withdrawals and the consolidation of locations to the impact of closures and lower customer traffic resulting from the state of emergency, together with the recovery trend from the second quarter onward. - FY2021-Q3Recovery trend after the second quarter described despite lower revenueAnnual report
「For the first nine months of the current fiscal year, consolidated revenue was ¥9.170 billion, down 10.5% year on year. Although temporary closures and other measures under the state of emergency had a substantial negative impact on revenue, revenue followed a recovery trend from the second quarter onward, supported also by contributions from the two companies newly consolidated as subsidiaries in the second half of the previous fiscal year and from the business acquisition.」
While the impact of temporary closures and other measures continued to weigh on cumulative results, revenue followed a recovery trend from the second quarter onward, and the year-on-year decline in revenue was reported at 10.5%. - FY2021-Q2Cumulative impact of temporary store closuresAnnual report
「As a result, for the first six months of the current fiscal year, consolidated revenue was ¥5.778 billion, down 16.8% year on year. Although the two companies newly consolidated as subsidiaries in the previous fiscal year and the business acquisition contributed to higher revenue, the revenue impact of temporary closures in the first quarter was substantial.」
The explanation for the revenue decline has shifted from the previous focus on business withdrawals and the consolidation of locations to the impact of first-quarter temporary closures, which offset higher revenue from newly consolidated subsidiaries and the business acquisition. - FY2021-Q1Factors behind the revenue decline shifted to closures and reduced operating hours due to the infectious diseaseAnnual report
「In response to the declaration of a state of emergency covering all prefectures, the Group temporarily closed many stores or significantly shortened their operating hours.」
The explanation for the revenue decline, previously centered on the transfer of the sports business and the consolidation of DSM locations, now identifies store closures and significant reductions in operating hours following the declaration of a state of emergency as the main factors behind the decline for the quarter. - FY2020-Q3Factors behind the revenue decline shifted to a negative rebound effect and weak DSM performanceAnnual report
「Revenue was ¥10.246 billion, down 1.7% year on year, despite higher revenue from an increase in the number of stores through M&A, due in part to the negative rebound effect following rush demand ahead of the consumption tax increase and weak sales in the DSM business.」
The explanation for the revenue decline has shifted from focusing on the impact of business withdrawals to one combining higher revenue from M&A, the negative rebound effect following rush demand ahead of the consumption tax increase, and weak sales in the DSM business. - FY2019Full-year revenue decline finalized at 5.6%Annual report
「Revenue was ¥14.105 billion, down 5.6% year on year, due to the impact of the transfer of the sports business in the previous fiscal year, as well as lower revenue resulting from the consolidation of locations in the DSM business.」
The impact of the sports business transfer and the consolidation of DSM locations on the decline in consolidated revenue was reflected in full-year results, with revenue down 5.6% year on year. - FY2019-Q3Added the change in the timing of large-scale events as a factor behind the revenue declineAnnual report
「For the first nine months of the current fiscal year, consolidated revenue was ¥10.426 billion, down 7.4% year on year, due to the impact of the transfer of the sports business in the same period of the previous fiscal year, lower revenue resulting from the consolidation of locations in the DSM business, and changes in the timing of large-scale events held by subsidiaries.」
In addition to the sports business transfer and the consolidation of DSM locations, changes in the timing of large-scale events held by subsidiaries were identified as factors behind the decline in consolidated revenue. - FY2019-Q2Added the consolidation of DSM locations as a factor behind the revenue declineAnnual report
「For the first six months of the current fiscal year, consolidated revenue was ¥7.026 billion, down 8.6% year on year, due to the impact of the transfer of the sports business in the same period of the previous fiscal year, as well as lower revenue resulting from the consolidation of locations in the DSM business.」
While the impact of the sports business transfer continues to appear in year-on-year comparisons, the consolidation of DSM locations was also identified as a factor behind the decline in consolidated revenue. - FY2019-Q1RestatedAnnual report
「For the first quarter of the current fiscal year, consolidated revenue was ¥3.315 billion, down 15.2% year on year, due to the impact of the transfer of the sports business in the same quarter of the previous fiscal year, as well as delays in delivering ordered products to customers in the kimono and jewelry business.」
The transfer of the sports business continues to affect year-on-year comparisons of consolidated revenue. - FY2018WorsenedAnnual report
「Revenue was ¥14.947 billion, a decrease of ¥11.380 billion, or 43.2%, from the previous fiscal year, mainly due to the impact of the business withdrawals.」
The decline in consolidated revenue resulting from the withdrawal from the sports and wholesale businesses widened from 42.0% for the cumulative period through the previous quarter to 43.2% for the full fiscal year. - FY2018-Q3WorsenedAnnual report
「For the first nine months of the current fiscal year, consolidated revenue was ¥11.253 billion, down 42.0% year on year, and operating profit was ¥90 million, down 47.3% year on year, due to the impact of the business withdrawals.」
The decline in consolidated revenue resulting from the withdrawal from the sports and wholesale businesses widened to 42.0% year on year, while operating profit also declined 47.3%. - FY2018-Q2WorsenedAnnual report
「For the first six months of the current fiscal year, consolidated revenue was ¥7.690 billion, down 38.7% year on year, due to the impact of the business withdrawals.」
The decline in consolidated revenue resulting from the withdrawal from the sports and wholesale businesses reached 38.7% year on year. The reduction in revenue from the business withdrawals was reflected more clearly in the figures than in the previous quarter. - FY2018-Q1First statedAnnual report
「For the first quarter of the current fiscal year, consolidated revenue was ¥3.908 billion, down 35.7% year on year, due to the impact of the business withdrawals.」
The decline in consolidated revenue following the withdrawal from the sports and wholesale businesses materialized as a 35.7% year-on-year decrease.