Store Expansion Based on New Concepts
First written in FY2016. 13 of 26 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Regarding new store openings, the company is actively gathering information on potential sites, focusing on sales centers. However, it is making careful decisions in light of higher real estate prices and construction costs. It is also considering the scrap-and-build of existing stores and M&A as options while seeking to improve earnings power across the Group.」
The company will continue gathering information on potential sites for new stores but will make decisions cautiously in light of higher real estate and construction costs. Its policy of also considering the reorganization of existing stores and M&A as options remains unchanged. - 2026-06-02RestatedGeneral Meetings of Shareholders
「Taking into account higher real estate prices and construction costs, we are making careful decisions. We will also consider rebuilding existing stores and M&A as options, with the aim of improving earnings across the Group.」
The Company reconfirms its existing approach of making cautious decisions on new store openings while considering rebuilding existing stores and M&A as options. - FY2026-H1SoftenedAnnual report
「Regarding new store openings, the company is actively gathering information on potential sites, focusing on sales centers. However, it is making decisions cautiously in light of higher real estate prices and construction costs. The company also aims to improve earnings power across the Group while considering business development through the scrap-and-build of existing stores and M&A.」
Although the company is continuing to gather information on potential sites for new stores, it is taking a more cautious approach to opening decisions in light of higher real estate prices and construction costs. The scrap-and-build of existing stores and M&A remain options. - FY2025-H1AdvancedAnnual report
「The company has sought to improve performance through active business development, including the scrap-and-build of existing stores and M&A. As part of this effort, 新興自動車株式会社 became a consolidated subsidiary in October 2024.」
The company reports continued business development through the scrap-and-build of existing stores and M&A, including the specific progress of making 新興自動車 a consolidated subsidiary in October 2024. - FY2024-Q3Increase in provision for store closure lossesAnnual report
「Provision for store closure losses 4,140」
The company recognized ¥4.140 million in provision for store closure losses, an increase from the ¥1.996 million reported in the previous quarter. - FY2024-Q2Continued recognition and decrease in provision for store closure lossesAnnual report
「Provision for store closure losses 1,996」
The company recognized ¥1.996 million in provision for store closure losses, a decrease from the amount recognized in the previous quarter. - FY2024-Q1Recognition of Provision for Store Closure LossesAnnual report
「Provision for store closure losses 2,644」
In the first quarter, the company recognized ¥2.644 million in provision for store closure losses, specifically reporting losses associated with store reorganization. - FY2023RaisedAnnual report
「To promote the direct-retail-sales business model for purchased vehicles, the company will seek to increase sales by actively expanding its store count through new store openings, M&A and other measures.」
In addition to the previous scrap-and-build of unprofitable stores, the company explicitly plans to expand its store count through new store openings and M&A, broadening the scope of its store expansion. - FY2023-Q3AdvancedAnnual report
「As a result, improvement in gross profit on vehicle sales has been firmly achieved. Going forward, to further strengthen sales capabilities, the company will carry out a capital-efficiency-focused scrap-and-build program covering 35 operating locations and strengthen earnings power by transforming its business structure, including the active use of its strength, the カーチス倶楽部 wholesale network of 22,000 member stores.」
The company explicitly identifies a capital-efficiency-focused scrap-and-build program covering 35 operating locations, specifying the scale of the store reorganization. - FY2022-Q1RestatedAnnual report
「There were no material changes during the three-month period to the business and financial issues that the Group needs to address as a priority.」
It states that there have been no material changes to the existing issues, including store expansion and the reorganization of operating locations. - FY2021RestatedAnnual report
「カーチス千葉中央販売センター (Chuo Ward, Chiba City) 122,349 7,349 Internal funds December 2020 May 2021」
For カーチス千葉中央販売センター, the company reports a capital investment plan totaling ¥122.349 million, financed with internal funds, commenced in December 2020 and scheduled for completion in May 2021. - FY2021-Q3RestatedAnnual report
「There were no material changes during the nine-month period to the issues that the Group needs to address.」
It states that there have been no material changes to the existing issues requiring attention, including store expansion and the reorganization of operating locations. - FY2021-Q1RestatedAnnual report
「There were no material changes during the three-month period to the issues that the Group needs to address.」
It states that there have been no material changes to the existing issues, including store expansion and the reorganization of operating locations. - FY2020-Q1RestatedAnnual report
「There were no material changes during the three-month period to the issues that the Group needs to address.」
It states that there have been no material changes to the existing issues requiring attention, including store expansion and the reorganization of operating locations. - FY2019RestatedAnnual report
「In addition, the company has sought to improve productivity through the consolidation and closure of unprofitable stores and cost reviews.」
The company continues to improve productivity through the consolidation and closure of unprofitable stores and cost reviews. - FY2019-Q3RestatedAnnual report
「The company recorded an operating loss due to higher costs for closing unprofitable stores, promoting the PicknBuy24.com platform, improving systems and other items.」
The company describes the continued closure of unprofitable stores in terms of the expenses incurred. No milestone, such as completion of a new round of store reorganization, is indicated. - FY2019-Q2RestatedAnnual report
「The company recorded a loss because expenses were incurred as it pursued greater efficiency in store placement.」
It states that the company continues to improve the efficiency of its store network, but incurred related expenses in the second quarter. - FY2019-Q1RestatedAnnual report
「Retail vehicle sales volumes fell below forecast, but the 0.4% increase in margins indicates that the effects are beginning to emerge gradually. However, the company recorded a loss after recognizing seasonal automobile tax payments and expenses associated with the consolidation of unprofitable stores, which had been undertaken since the previous fiscal year.」
The company states that it recognized expenses as a result of continuing to consolidate unprofitable stores, indicating that the store reorganization measures are ongoing. - FY2018ReframedAnnual report
「The company will actively recruit personnel and open new stores nationwide, build a comprehensive sales platform, and pursue renewed growth and expansion.」
The wording has been reorganized as a plan to expand the store and sales network by combining the scrap-and-build of unprofitable stores with new store openings nationwide and the establishment of a comprehensive sales infrastructure. - FY2018-Q3AdvancedAnnual report
「By the end of the third quarter, the company had proceeded with the consolidation and closure of 12 operating locations, including the Yanagawa store in Kyushu. As sales volumes and vehicle purchase volumes consequently fell below expectations, and temporary costs were incurred in connection with the closure of operating locations, sales and each profit item are expected to fall below the earnings forecasts initially announced. Nevertheless, the company will continue to accelerate the scrap-and-build of unprofitable stores and proceed with measures such as opening large stores.」
By the end of the third quarter, the company had consolidated or closed 12 operating locations, including the Yanagawa store, and states that it will accelerate the scrap-and-build of unprofitable stores and open large stores going forward. - FY2018-Q2AdvancedAnnual report
「The effects of consolidating and closing operating locations to improve productivity and pursue efficiency, which began in the first quarter, have gradually emerged since the second quarter. However, sales and gross profit declined and the company recorded an operating loss as sales volumes and vehicle purchase volumes fell and temporary costs were incurred in connection with the closure of operating locations. As of the end of the second quarter, the number of operating locations was 57.」
The company states that the effects of consolidating and closing operating locations, which began in the first quarter, have gradually emerged since the second quarter, and reports 57 operating locations at period-end. - FY2018-Q1ReframedAnnual report
「The Group is reviewing its sales areas with priority given to attractive markets and consolidating or closing stores based on profitability.」
The store expansion measures have been described and reorganized more specifically, shifting from an expansion plan that included opening large stores to selecting attractive markets and consolidating or closing stores based on profitability. - FY2017ReframedAnnual report
「The company is consolidating small stores specializing in vehicle purchases and promoting a medium- to long-term plan to open large stores to expand sales」
The previous general reference to rolling out stores under new concepts has been made more specific as a plan to reorganize and expand the store network by combining the consolidation of small stores with plans to open large stores. - FY2017-Q3RestatedAnnual report
「There were no material changes during the nine-month period to the issues that the Group needs to address.」
It states that there have been no material changes to the existing issues requiring attention, including the rollout of stores under new concepts. - FY2017-Q2RestatedAnnual report
「There have been no material changes to the issues to be addressed by our Group during the six-month period ended 30 September.」
It states that there have been no material changes to the existing issues requiring attention, including store expansion. - FY2016First statedAnnual report
「The company will focus on expanding stores under new concepts, including カーチスメガ仙台, which opened in December 2015, and ガチアウトレット カーチス江戸川, which opened in April 2016, as well as developing its human resources, to establish a structure capable of securing stable earnings.」
The company cites specific store names and opening dates and positions the rollout of stores under new concepts as a means of establishing its earnings base.