Securing store locations and exiting unprofitable stores
First written in FY2016. 7 of 14 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 7 of 33 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the company is unable to secure store properties as planned, its operating results may be affected. In addition, if store profitability deteriorates at existing stores due to changes in location or competitive conditions, leaving those locations may affect operating results.」
The company continues to identify risks related to securing store properties and deteriorating profitability and closures at existing stores. - FY2023RestatedAnnual report
「If the company is unable to secure store properties as planned, its operating results may be affected. In addition, if store profitability deteriorates at existing stores due to changes in location or competitive conditions, leaving those locations may affect operating results.」
The company continues to identify risks related to securing store properties and deteriorating profitability and closures at existing stores. - FY2021RestatedAnnual report
「If the company is unable to secure store properties as planned, its operating results may be affected. In addition, if store profitability deteriorates at existing stores due to changes in location or competitive conditions, leaving those locations may affect operating results.」
The company continues to identify risks related to securing store properties and deteriorating profitability and closures at existing stores. - FY2019RestatedAnnual report
「If the company is unable to secure store properties as planned, its operating results may be affected. In addition, if store profitability deteriorates at existing stores due to changes in location or competitive conditions, leaving those locations may affect operating results.」
The company continues to identify risks related to securing store properties and deteriorating profitability and closures at existing stores. - FY2019-Q3RestatedAnnual report
「As in the previous fiscal year, we continued closing unprofitable stores and worked to improve profit.」
The company continued closing unprofitable stores and continued responding to deteriorating store profitability and store-closure risks. Store closures have been implemented as a measure. - FY2019-Q2MitigatedAnnual report
「As in the previous fiscal year, we continued closing unprofitable stores, contributing to improved profit.」
The company continued closing unprofitable stores and states that its response to deteriorating store profitability and store-closure risks has contributed to improved profits. - FY2019-Q1MitigatedAnnual report
「As in the previous fiscal year, we continued closing unprofitable stores, contributing to improved profit.」
The company continued closing unprofitable stores and states that its response to deteriorating store profitability and store-closure risks has contributed to improved profits. - FY2018MitigatedAnnual report
「The company closed stores that it determined would have difficulty becoming profitable quickly.」
The company carried out closures of unprofitable stores, putting into concrete action its response to the risks of deteriorating store profitability and store closures. - FY2018-Q2MitigatedAnnual report
「The objective is to restore performance by concentrating management resources in selected areas where the company can leverage its strengths.」
As a response to unprofitable stores, the company decided to close 15 specialty trading-card stores progressively during the fiscal year ending February 2018, putting the selection and restructuring of its store network into concrete action. - FY2017MitigatedAnnual report
「With respect to its store-opening strategy, the company will rebuild its store network based on a scrap-and-build approach. ... It will also close unprofitable stores to further revitalize the store network.」
The company has specified its response to store-opening and closure risks by combining a scrap-and-build strategy, closures of unprofitable stores, and store openings focused on profitability. - FY2017-Q3RestatedAnnual report
「The company is pursuing profitability improvements, including rent-reduction negotiations, to reduce store fixed costs.」
The company continues to contain store fixed costs and improve profitability through rent-reduction negotiations and other measures. - FY2017-Q2RestatedAnnual report
「To reduce store fixed costs, the company is pursuing profitability improvements, including subletting excess sales-floor space and negotiating rent reductions.」
The company continues to contain store fixed costs by subletting excess sales-floor space and negotiating rent reductions. - FY2017-Q1MitigatedAnnual report
「To reduce store fixed costs, the company is pursuing improvements at unprofitable stores, including subletting excess sales-floor space and negotiating rent reductions.」
The company is pursuing improvements at unprofitable stores and addressing store fixed costs through subletting and rent-reduction negotiations. - FY2016First statedAnnual report
「If the company is unable to secure store properties as planned, the group's operating results may be affected. In addition, if store profitability deteriorates at existing stores due to changes in location or competitive conditions, leaving those locations may affect operating results.」
The company identifies both securing candidate properties for new stores and deteriorating profitability and closures at existing stores as risks.