Store Network Restructuring Through Store Openings and Closures, Including the Closure of Unprofitable Stores
First written in FY2017-Q1. 39 of 41 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2027-H1.
47 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Regarding store openings and closures, Gyet Co.,Ltd. closed 25 stores, bringing its store count to 155. Its consolidated subsidiary 株式会社コーエン neither opened nor closed any stores during the interim consolidated accounting period, leaving it with 74 stores. As a result, the group closed 25 stores during the interim consolidated cumulative period, leaving a total of 229 stores.」
We shifted from restructuring individual stores to assessing the store composition of the consolidated group as a whole, resulting in 229 group stores, including 25 closures at Gyet Co.,Ltd. and 74 stores at コーエン. - FY2026AdvancedAnnual report
「At the end of the fiscal year, the number of stores was 180, following the opening of 1 store and closure of 71 stores, a decrease of 70 stores year on year.」
Opened 1 store while closing 71, substantially reducing the store count from 250 in the previous period to 180 at the end of the period. - FY2025AdvancedAnnual report
「The store count at the end of the fiscal year was 250, following the opening of 3 stores and closure of 31 stores, down 28 stores year on year.」
Opened 3 stores while closing 31, restructuring the store network from 278 to 250 stores at the end of the period. The policy of improving profitability by closing or subleasing unprofitable stores is also continuing. - FY2025-H1AdvancedAnnual report
「The store count at the end of the interim accounting period was 270, following the opening of 3 stores and closure of 11 stores, down 27 stores year on year.」
Opened 3 stores while closing 11, restructuring the store network to 270 stores at the end of the period. The store count was down 27 stores year on year. - FY2025-Q1AdvancedAnnual report
「The store count at the end of the cumulative first quarter was 273, following the opening of 1 store and closure of 6 stores, down 41 stores year on year.」
Opened 1 store while closing 6, bringing the store count to 273 at the end of the period, down 41 stores year on year. Store restructuring is continuing. - FY2024AdvancedAnnual report
「The store count at the end of the fiscal year was 278, following the opening of 7 stores and closure of 49 stores, down 42 stores year on year.」
Opened 7 stores while closing 49, reducing the store count to 278 at the end of the period. Store restructuring progressed further from the previous period's 25 closures and 320 stores. - FY2024-Q3AdvancedAnnual report
「The store count at the end of the cumulative third quarter was 288, following the opening of 6 stores and closure of 38 stores, down 48 stores year on year.」
Opened 6 stores while closing 38, reducing the store count to 288 at the end of the period. The store count was also down 48 stores year on year, indicating further progress in store restructuring. - FY2024-Q2AdvancedAnnual report
「The store count at the end of the cumulative second quarter was 297, following the opening of 5 stores and closure of 28 stores, down 35 stores year on year.」
Continued store restructuring, opening 5 stores while closing 28, reducing the store count to 297 at the end of the period. - FY2024-Q1AdvancedAnnual report
「The store count at the end of the cumulative first quarter was 314, following the opening of 4 stores and closure of 10 stores, down 18 stores year on year.」
Continued store restructuring, opening 4 stores during the quarter while closing 10, bringing the store count to 314 at the end of the period. - FY2023AdvancedAnnual report
「The store count at the end of the fiscal year was 320, following the opening of 20 stores and closure of 25 stores, down 5 stores year on year.」
Opened 20 stores while closing 25, restructuring the store network to 320 stores at the end of the period. - FY2023-Q3AdvancedAnnual report
「The store count at the end of the cumulative third quarter was 336, following the opening of 20 stores and closure of 9 stores, up 7 stores year on year.」
Opened 20 stores and closed 9 during the cumulative third quarter, bringing the store count to 336 at the end of the period, an increase of 7 stores year on year. - FY2023-Q2AdvancedAnnual report
「The store count at the end of the cumulative second quarter was 332, following the opening of 11 stores and closure of 4 stores, up 9 stores year on year.」
Opened 11 stores and closed 4 during the cumulative second quarter, bringing the store count to 332 at the end of the period, an increase of 9 stores year on year. - FY2023-Q1AdvancedAnnual report
「The store count at the end of the cumulative first quarter was 332, following the opening of 9 stores and closure of 2 stores, up 7 stores year on year.」
Opened 9 stores and closed 2 during the first quarter, bringing the store count to 332 at the end of the period, an increase of 7 stores year on year. - FY2022AdvancedAnnual report
「The store count at the end of the fiscal year was 325, following the opening of 18 stores and closure of 29 stores, down 11 stores year on year.」
Opened 18 stores while closing 29, bringing the store count to 325 at the end of the period. Store restructuring is continuing. - FY2022-Q3AdvancedAnnual report
「The store count at the end of the cumulative third quarter was 329, following the opening of 16 stores and closure of 23 stores, down 35 stores year on year.」
Continued store restructuring, opening 16 stores while closing 23, bringing the store count to 329 at the end of the period. - FY2022-Q2AdvancedAnnual report
「The store count at the end of the cumulative second quarter was 323, following the opening of 4 stores and closure of 17 stores, down 44 stores year on year.」
Opened 4 stores and closed 17 stores during the cumulative second quarter, reducing the store count to 323 at the end of the period. - FY2022-Q1AdvancedAnnual report
「The store count at the end of the cumulative first quarter was 325, following the opening of 1 store and closure of 12 stores, down 47 stores year on year.」
Opened 1 store and closed 12 stores during the first quarter, reducing the store count to 325 at the end of the period. - FY2021AdvancedAnnual report
「The number of stores at the end of the fiscal year was 336, following the opening of 10 stores and closure of 45 stores, down 35 stores year on year.」
Opened 10 stores while closing 45, reducing the store count to 336 at the end of the period. Store restructuring progressed further than in the previous period. - FY2021-Q3AdvancedAnnual report
「The number of stores at the end of the third quarter was 364, following the opening of 10 stores and closure of 17 stores, down 18 stores year on year.」
During the cumulative third quarter, the company opened 10 stores while closing 17, restructuring the store network to 364 stores at period-end. - FY2021-Q2AdvancedAnnual report
「The number of stores at the end of the second quarter was 367, following the opening of 9 stores and closure of 13 stores, down 14 stores year on year.」
The company opened 9 stores while closing 13, restructuring the store network to 367 stores at period-end. - FY2021-Q1AdvancedAnnual report
「The number of stores at the end of the cumulative first quarter was 372, following the opening of 8 stores and closure of 7 stores, down 18 stores year on year.」
As a result of opening 8 stores and closing 7 during the quarter, the number of stores at period-end was 372. - FY2020AdvancedAnnual report
「The number of stores at the end of the fiscal year was 371, following the opening of 11 stores and closure of 38 stores, down 27 stores year on year.」
The company opened 11 stores while closing 38, restructuring the store network to 371 stores at period-end. - FY2020-Q3AdvancedAnnual report
「The number of stores at the end of the cumulative third quarter was 382, following the opening of 9 stores and closure of 25 stores, down 33 stores year on year.」
During the cumulative third quarter, the company opened 9 stores while closing 25, restructuring the store network to 382 stores at period-end. - FY2020-Q2AdvancedAnnual report
「The number of stores at the end of the cumulative second quarter was 381, following the opening of 3 stores and closure of 20 stores, down 32 stores year on year.」
During the cumulative second quarter, the company opened 3 stores while closing 20, reducing the number of stores at period-end to 381. - FY2020-Q1AdvancedAnnual report
「The number of stores at the end of the cumulative first quarter was 390, following the opening of 2 stores and closure of 10 stores, down 23 stores year on year.」
During the first quarter, the company opened 2 stores while closing 10, reducing the number of stores at period-end to 390. - FY2019AdvancedAnnual report
「Regarding store openings and closures, the company opened 20 new stores, mainly Mac-House Super Store and Mac-House Super Store Future locations, to promote larger store formats, while closing 32 unprofitable stores, mainly small and medium-sized street-front stores. As a result, the number of stores at the end of the fiscal year was 398, down 12 stores year on year.」
The company opened 20 new stores, mainly larger-format locations, while closing 32 unprofitable stores, restructuring the store network to 398 stores at period-end. - FY2019-Q3AdvancedAnnual report
「Regarding store openings and closures, the company opened 17 new stores, mainly Mac-House Super Store and Mac-House Super Store Future locations, to increase sales per store and promote larger store formats. It also closed 12 unprofitable stores, mainly small and medium-sized street-front stores. As a result, the number of stores at the end of the third quarter was 415, up 2 stores year on year.」
During the cumulative third quarter, the company opened 17 stores and closed 12 unprofitable stores, mainly small and medium-sized street-front stores. The number of stores at period-end was 415. - FY2019-Q2AdvancedAnnual report
「The number of stores at the end of the cumulative second quarter was 413, following the opening of 8 stores and closure of 5 stores, down 8 stores year on year.」
During the cumulative second quarter, the company opened 8 stores while closing 5, bringing the number of stores at period-end to 413. - FY2019-Q1AdvancedAnnual report
「The number of stores at the end of the cumulative first quarter was 413, following the opening of 7 stores and closure of 4 stores, down 14 stores year on year.」
The company opened 7 stores and closed 4 during the first quarter, bringing the number of stores at period-end to 413. - FY2018AdvancedAnnual report
「Regarding store openings and closures, the company opened 13 new stores and relocated and expanded 12 stores, while closing 36 stores. The number of stores at the end of the fiscal year was 410, down 23 stores year on year.」
During the fiscal year, the company opened 13 new stores and relocated and expanded 12 stores, while closing 36 stores, restructuring the store network to 410 stores at period-end. - FY2018-Q3AdvancedAnnual report
「Regarding store openings and closures, the company opened 9 new stores and closed 29 stores, bringing the number of stores at the end of the cumulative third quarter to 413, down 31 stores year on year.」
The company opened 9 stores while closing 29, reducing the number of stores to 413. Store restructuring progressed further from the previous quarter. - FY2018-Q2AdvancedAnnual report
「Regarding store openings and closures, the company opened 4 new stores and closed 16 stores, bringing the number of stores at the end of the cumulative second quarter to 421, down 27 stores year on year.」
The company opened 4 new stores while closing 16 stores, reducing the number of stores at period-end to 421. Store restructuring progressed further from the previous quarter. - FY2018-Q1AdvancedAnnual report
「Regarding store openings and closures, the company opened 3 new stores and closed 9 stores, bringing the number of stores at the end of the cumulative first quarter to 427, down 25 stores year on year.」
The company continued opening new stores while increasing the number of closures to 9, reducing the number of stores at period-end to 427. - FY2017AdvancedAnnual report
「The company opened 5 new stores, including the Mac-House Super Store Aeon Style Sasaoka store in Chuo-ku, Fukuoka, Fukuoka Prefecture, and carried out renovations and other work, making capital investments totaling ¥815 million.」
The company opened 5 new stores and made capital investments totaling ¥815 million, including renovations. The number of stores at period-end was 433, down 19 stores year on year. - FY2017-Q3RestatedAnnual report
「In terms of expenses, the company benefited from cost savings through the closure of unprofitable stores. However, increases in selling expenses, mainly advertising and promotion expenses, resulted in expenses being approximately unchanged year on year and tracking in line with the plan.」
Cost savings from closing unprofitable stores continued to be evident, but expenses were approximately unchanged year on year due in part to higher selling expenses. - FY2017-Q2AdvancedAnnual report
「Regarding store openings and closures, the company opened 3 new stores and closed 7 stores, bringing the number of stores at the end of the cumulative second quarter to 448, down 14 stores year on year.」
The company increased the number of store closures while continuing to open new stores, reducing the total number of stores to 448. - FY2017-Q1First statedAnnual report
「Regarding store openings and closures, the company opened 3 new stores and closed 3 stores, bringing the number of stores at the end of the cumulative first quarter to 452, down 18 stores year on year. In terms of expenses, costs declined 1.1% year on year as a result of savings from closing unprofitable stores.」
The company opened new stores while closing others, and linked the closure of unprofitable stores to cost reductions.