Komori
Kan-Nanmaru (7585) · RiskWorsened

Year-on-year decline in same-store sales

First written in FY2016. 11 of 23 entries say "Worsened", first in FY2017. Latest entry: FY2026.

23entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017 – FY2021-Q1MitigatedFY2023-Q3 – FY20252016: 12017: 120172018: 120182019: 120192020: 320202021: 320212022: 420222023: 220232024: 220242025: 220252026: 32026
Same theme, other companies
Declining store profitability due to lower same-store salesA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

Kan-Nanmaru moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).

The whole theme swung hardest in 2020: 6 of 7 companies on the "Worse" side.

2 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

    「Although these measures enabled us to offset some of the decline in customer numbers through higher average spend per customer, we did not achieve the planned sales target.」

    Although higher average spend per customer partly offset the decline in customer numbers, sales fell short of the planned target.
  2. FY2025MitigatedAnnual report

    「Net sales for the fiscal year were ¥1,871.516 million, an increase of ¥221.888 million from the previous fiscal year.」

    Regarding the decline in same-store sales and customer traffic, company-wide net sales increased 13.5% year on year, indicating that sales recovery is progressing. However, the operating loss continued.
  3. FY2025-H1MitigatedAnnual report

    「During the interim accounting period, customer traffic to our restaurants also recovered, and our results showed higher revenue and higher earnings year on year, but」

    It reports a recovery in customer traffic to restaurants and higher revenue and earnings year on year, indicating an improvement in conditions relating to same-store sales and declining customer traffic. However, the company had not yet achieved profitability as planned.
  4. FY2024MitigatedAnnual report

    「As a result, for the fiscal year, net sales were ¥1,649.628 million, up 23.5% year on year, gross profit was ¥1,141.045 million, up 26.1%, and the operating loss was ¥180.662 million, compared with an operating loss of ¥343.886 million in the previous fiscal year.」

    Net sales increased 23.5% year on year, and the operating loss narrowed from ¥343.886 million to ¥180.662 million. However, the operating loss continued.
  5. FY2024-Q3MitigatedAnnual report

    「Following the reclassification of COVID-19 as a Category 5 disease, customer traffic showed a pronounced recovery, and sales recovered to a level approaching that before the pandemic.」

    Although sales have not yet reached pre-pandemic levels, it states that customer traffic recovered significantly and sales approached those levels.
  6. FY2023MitigatedAnnual report

    「As the government's classification of COVID-19 was shifted to Category 5 under the Infectious Diseases Control Law, restrictions on people's activities were eased and signs of a gradual recovery toward pre-pandemic levels emerged.」

    Although it also states that sales have not yet reached pre-pandemic levels, it says that the shift to Category 5 and the easing of restrictions on people's activities have brought signs of recovery in customer traffic and sales.
  7. FY2023-Q3MitigatedAnnual report

    「In addition, the decline in demand for dining inside restaurants due to changes in customers' working styles and opportunities to dine together during the COVID-19 pandemic, the reduction in large-group banquets and the sharp decline in use for after-parties have meant that sales have remained at a challenging level, still below the pre-pandemic level.」

    It continues to report a decline in demand for dining inside restaurants due to changes in working styles and opportunities to dine together, and sales remaining below pre-pandemic levels, while separately noting signs of recovery in customer traffic and sales.
  8. FY2023-Q1WorsenedAnnual report

    「However, because recovering from the sales downturn caused by the seventh wave of COVID-19 would take a considerable amount of time, performance for the cumulative first quarter remained extremely challenging.」

    It states that recovering from the sales downturn caused by the seventh wave would take a considerable amount of time and continues to describe the difficulty of sales recovery.
  9. FY2022RestatedAnnual report

    「This was mainly due to lower same-store sales resulting from temporary closures and operations under restrictions in response to government and local authority requests to suspend operations and shorten operating and alcohol-serving hours, as well as the closure of 28 stores.」

    It states that the decline in same-store sales continued, with closures, operating restrictions and the closure of 28 stores cited as factors behind the revenue decline.
  10. FY2022-Q3RestatedAnnual report

    「Even in the izakaya segment, which we operate as our core business, the sharp decline in banquet demand resulting from changes in working styles during the COVID-19 pandemic and from refraining from going out and dining together has meant that sales recovery has remained extremely difficult.」

    It continues to describe the difficulty of sales recovery due to changes in working styles, people refraining from going out and dining together, and the decline in banquet demand.
  11. FY2022-Q2RestatedAnnual report

    「Even in the izakaya segment, which we operate as our core business, the sharp decline in demand for dining inside restaurants resulting from changes in customers' working styles and changes caused by refraining from going out and dining together during the COVID-19 pandemic has meant that sales recovery has remained extremely difficult.」

    It continues to describe the difficult sales recovery resulting from changes in working styles, people refraining from going out and dining together, and the decline in demand for dining inside restaurants.
  12. FY2022-Q1WorsenedAnnual report

    「Net sales: ¥14.393 million (down 94.9% year on year)」

    First-quarter sales declined 94.9% year on year, indicating from an actual-results perspective that sales recovery at existing stores and in the izakaya segment remains difficult.
  13. FY2021WorsenedAnnual report

    「This was mainly due to lower same-store sales resulting from temporary closures and operations under restrictions in response to government and local authority requests to suspend operations and shorten operating and alcohol-serving hours, as well as the closure of 28 stores.」

    It states that lower same-store sales actually occurred as a result of restrictions on closures and operating hours, together with the closure of 28 stores.
  14. FY2021-Q3RestatedAnnual report

    「Even in the izakaya segment, which we operate as our core business, the sharp decline in banquet demand resulting from changes in working styles during the COVID-19 pandemic and from refraining from going out and dining together has meant that sales recovery has remained extremely difficult.」

    It continues to describe the difficulty of sales recovery due to changes in working styles and the decline in banquet demand caused by people refraining from going out and dining together.
  15. FY2021-Q1WorsenedAnnual report

    「Even in the izakaya segment, which we operate as our core business, the sharp decline in banquet demand resulting from changes in working styles, including working from home during the COVID-19 pandemic, and from refraining from going out and dining together has meant that sales recovery has remained extremely difficult.」

    It cites changes in working styles and the sharp decline in banquet demand caused by people refraining from going out and dining together, and states that sales recovery in the izakaya segment is extremely difficult.
  16. FY2020WorsenedAnnual report

    「This was mainly due to lower sales at existing stores and the closure of 2 stores.」

    It cites lower same-store sales as the primary cause of the full-year revenue decline and also notes the closure of 2 stores.
  17. FY2020-Q3WorsenedAnnual report

    「In addition, the nationwide spread of COVID-19 led to requests for people to refrain from going out across society, resulting in lower sales in the izakaya industry due to a substantial decline in customer visits.」

    It states that the decline in sales caused by lower customer traffic actually occurred as a result of the impact of COVID-19 and calls for people to refrain from going out.
  18. FY2019WorsenedAnnual report

    「This was mainly due to lower sales at existing stores and the closure of 13 stores.」

    It explicitly identifies lower same-store sales as a factor behind the full-year revenue decline and also cites the closure of 13 stores.
  19. FY2018WorsenedAnnual report

    「This was mainly due to lower sales at existing stores, the closure of 16 stores and the conversion of 1 store to a different format.」

    It explicitly identifies lower same-store sales as a factor behind the decline in full-year revenue.
  20. FY2017WorsenedAnnual report

    「In the full-service izakaya segment, the trend of sales falling below the previous year has not improved, due to young people drinking less, increasingly diverse consumer preferences and declining customer traffic.」

    It explicitly states that the decline in sales at existing stores and in the full-service izakaya segment has not improved.
  21. FY2016First statedAnnual report

    「Same-store sales in the food service market continued to fall below the previous year, while securing sales became even more difficult due to shorter operating hours and the introduction of scheduled store closures, among other factors.」

    It identifies the continued decline in same-store sales below the previous year as a factor making it difficult to secure sales.
Moved together

"Deterioration in Market Conditions Due to Cost-Consciousness, Diversifying Preferences, and Intensifying Sales Competition" moved the same way as this thread, in the same document, in 8 of its 23 moves.

888777★123456
  1. ★This thread
  2. 1Deterioration in Market Conditions Due to Cost-Consciousness, Diversifying Preferences, and Intensifying Sales Competition8×
  3. 2Building a Robust Financial Foundation with a Target Equity Ratio of 90.0%8×
  4. 3Risk of Declining Customer Traffic and Store Closures Due to COVID-198×
  5. 4Lower Revenue and Earnings and a Decline in Net Income7×
  6. 5Impairment Losses Relating to Stores and Other Operations with Continuing Losses7×
  7. 6Lease Contract Cancellation Losses and Removal Costs Associated with Store Closures7×

★ 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 Kan-Nanmaru yet. It last moved in the General Meetings of Shareholders of 2026-09-04: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Year-on-year decline in same-store sales | KAN-NANMARU CORPORATION (7585) | Komori