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Nichiryoku (7578) · TargetWorsened

Making the funeral services business a core business in the future

First written in FY2016. 6 of 16 entries say "Restated". Latest entry: FY2026.

16entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2021OtherFY2024-Q3 – FY2026-H12016: 120162017: 120172018: 120182019: 020192020: 020202021: 220212022: 420222023: 320232024: 220242025: 120252026: 12026
Same theme, other companies
Making the funeral services business a core businessA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

Nichiryoku moved to the "Worse" side of this theme in 2026.

0 other companies' latest entry also says "Worsened".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「In addition to the negative impact on revenue from the sale of Rastel Shin-Yokohama, a large funeral hall owned by the company, both the average service price and the number of services declined due to an increase in direct cremation services and intensifying price competition with other companies in the industry.」

    While maintaining its direction of making funeral services a core source of earnings, the company saw both the average service price and the number of services decline due to the sale of a large funeral hall, an increase in direct cremation services, and price competition. Revenue from funeral services fell 26.5% year on year.
  2. FY2026-H1Lower revenue due to steady volume and lower average pricesAnnual report

    「However, during the six-month period, the number of services remained steady, but the average service price declined as the proportion of orders for one-day funerals and similar services increased. Revenue was ¥584 million, down 12.3% from the same interim period a year earlier.」

    While continuing its direction of making funeral services a core source of earnings, the company saw its average service price decline as the proportion of orders for one-day funerals and similar services increased, resulting in a 12.3% year-on-year decrease in revenue for the six-month period.
  3. FY2025-H1Continuing to make funeral services a core business despite lower revenue and earningsAnnual report

    「In the funeral services business, as the number of deaths continues to increase each year, we are developing attractive plans with the aim of providing bereaved families with funeral ceremonies they will not regret, moving away from price competition, and working to increase revenue and the number of orders.」

    While continuing to develop attractive funeral plans and move away from price competition, the funeral services business posted a 17.6% year-on-year decline in revenue for the six-month period.
  4. FY2024-Q3Earnings growth despite sluggish revenueAnnual report

    「In the funeral services business, as the number of deaths continues to increase each year, we are developing attractive plans with the aim of providing bereaved families with funeral ceremonies they will not regret, moving away from price competition, and working to increase revenue and the number of orders. Although revenue was sluggish in the third quarter, earnings are trending upward.」

    While continuing to develop attractive plans and move away from price competition, the company explains that revenue was sluggish in the third quarter, while earnings are trending upward.
  5. FY2024-Q2AdvancedAnnual report

    「In the funeral services business, as the number of deaths continues to increase each year, we are developing attractive plans with the aim of providing bereaved families with funeral ceremonies they will not regret, moving away from price competition, and working to increase revenue and the number of orders. Revenue is growing steadily. Revenue was ¥808 million, up 6.9% year on year.」

    The company states that it is continuing its direction of making funeral services a core source of earnings by developing attractive plans and moving away from price competition, with revenue up 6.9% year on year and earnings growing steadily.
  6. FY2023ReframedAnnual report

    「We are a rare company in the memorial market with a structure capable of providing all services other than cremation, giving us the advantage of being able to develop a diverse range of businesses. Centered on our cemetery and funeral services businesses, we aim to develop into a comprehensive senior-life support company that provides comprehensive assistance with end-of-life planning and various procedures following a funeral.」

    The company is broadening its ambitions from its previous direction of making funeral services its future core business to becoming a comprehensive senior-life support company centered on cemetery and funeral services and covering end-of-life planning and post-funeral procedures.
  7. FY2023-Q3RestatedAnnual report

    「We aim to develop into a comprehensive senior-life support company that not only provides funerals and other services to Sakura and Aoi Club members at member prices, but also offers comprehensive assistance with end-of-life planning and various procedures following a funeral.」

    Continuing the direction of making the funeral services business a core source of earnings and a core component of senior-life support, in addition to providing funerals to members and assisting with end-of-life planning and post-funeral procedures.
  8. FY2023-Q2RestatedAnnual report

    「We are also developing attractive funeral plans and seeking to expand orders from general customers by collaborating with funeral-specialist portal sites and elsewhere, focusing on making this a core source of the Company’s earnings.」

    Continuing the direction of making the funeral services business a core source of earnings by developing funeral plans and expanding orders through collaboration with portal sites.
  9. FY2023-Q1RestatedAnnual report

    「We will also develop attractive funeral plans and seek to expand orders from general customers by collaborating with funeral-specialist portal sites and elsewhere, focusing on making this a core source of the Company’s earnings.」

    Continuing the direction of making the funeral services business a core source of earnings by developing funeral plans and expanding orders from general customers through collaboration with portal sites.
  10. FY2022AdvancedAnnual report

    「As a result of focusing on fundamentally reviewing expenses while expanding orders in collaboration with funeral-specialist portal sites and elsewhere, the number of orders reached a record high and earnings improved substantially, although the decline in funeral attendees due to the COVID-19 pandemic could still not be avoided.」

    Expanding orders from general customers and reviewing expenses brought the number of orders in the funeral services business to a record high, and earnings improved substantially.
  11. FY2022-Q3AdvancedAnnual report

    「As a result of focusing on fundamentally reviewing expenses while expanding orders in collaboration with funeral-specialist portal sites and elsewhere, the number of orders reached a record high for a cumulative third-quarter period and earnings improved substantially, although the decline in funeral attendees could still not be avoided.」

    Collaboration with portal sites and a review of expenses brought the number of orders in the funeral services business to a record high for a cumulative third-quarter period, and earnings also improved substantially.
  12. FY2022-Q2AdvancedAnnual report

    「As a result of focusing on fundamentally reviewing expenses while expanding orders in collaboration with funeral-specialist portal sites and elsewhere, the number of orders reached a record high for a cumulative second-quarter period and earnings improved substantially, although the decline in funeral attendees could not be avoided.」

    Collaboration with funeral-specialist portal sites and a review of expenses brought the number of orders in the funeral services business to a record high for a cumulative second-quarter period, and earnings also improved substantially.
  13. FY2021RestatedAnnual report

    「We will also seek to expand orders from general customers who are not members of the Aisai Hana Club by offering more attractive funeral plans and collaborating with funeral-specialist portal sites, and work to make this a core business of the Company.」

    Reaffirming the direction of expanding funeral orders from general customers and making the funeral services business a core business, including through the provision of funeral plans and collaboration with portal sites.
  14. FY2018RestatedAnnual report

    「We will also seek to expand orders for family funerals and direct cremations for general customers who are not members of the Aisai Hana Club, centered on ラステル, and work to make this a core business of the Company.」

    Maintaining the direction of expanding family funerals and direct cremations for general customers who are not members, centered on ラステル, and making the funeral services business a core business.
  15. FY2017RestatedAnnual report

    「We will also seek to expand orders for family funerals and direct cremations for general customers who are not members of the Aisai Hana Club, centered on ラステル, and work to make this a core business of the Company in the future.」

    Maintaining the direction of expanding family funerals and direct cremations for general customers who are not members, centered on ラステル, and making them a core business in the future.
  16. FY2016First statedAnnual report

    「We will also seek to expand orders for family funerals and direct cremations for general customers who are not members of the Aisai Hana Club, centered on ラステル, and work to make this a core business of the Company in the future.」

    Indicating the direction of making the funeral services business a core business in the future.
Moved together

"Decline in Demand for Gravestones in Outdoor and High-Priced Cemeteries" moved the same way as this thread, in the same document, in 5 of its 16 moves.

555544★123456
  1. ★This thread
  2. 1Decline in Demand for Gravestones in Outdoor and High-Priced Cemeteries5×
  3. 2All cemetery, indoor mausoleum, and funeral service segments turned profitable5×
  4. 3Management That Treats Securing Ordinary Income and Net Income as Its Overriding Imperative5×
  5. 4Earnings Recovery Driven by New Development and Indoor Mausoleum Sales5×
  6. 5Review of Advertising and Sales Strategies and Focus on Mid- to Long-Term Advertising Strategy4×
  7. 6Declining average revenue per funeral due to smaller funerals and low-price competition4×

★ 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 Nichiryoku yet.
News
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Making the funeral services business a core business in the future | NICHIRYOKU CO.,LTD. (7578) | Komori