Relocation and reallocation of stores, including unprofitable stores
First written in FY2016. 11 of 12 entries say "Advanced", first in FY2017. Latest entry: FY2026.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Store 1 kimono store closed (Himeji, Hyogo) Closure June 2026」
The document describes a plan to continue reviewing the store network and close 1 kimono store in Himeji, Hyogo, in June 2026. - FY2025AdvancedAnnual report
「The Company also worked to reduce fixed store costs by closing unprofitable stores and reducing store size, closing a total of 7 stores from the fiscal year ended March 2024 through the fiscal year ended March 2025.」
The Company proceeded with the closure of unprofitable stores and reductions in store size, closing a total of 7 stores from the fiscal year ended March 2024 through the fiscal year ended March 2025. - FY2024AdvancedAnnual report
「The Company has been considering this issue since the fiscal year ended March 2024 and has implemented some measures, including closing 4 stores and reducing the sales floor area of 1 store during the fiscal year ended March 2024.」
To improve store profitability, the Company closed 4 stores and reduced the sales floor area of 1 store in the fiscal year ended March 2024. The selection and reallocation of stores has progressed to the implementation stage. - FY2023AdvancedAnnual report
「Capital expenditures during the current fiscal year primarily related to the Kimono Store Operations and Other businesses and totaled ¥166 million, including lease deposits and guarantee deposits. The main capital expenditures were costs associated with opening, refurbishing and relocating stores.」
The Company made ¥166 million in capital expenditures, opening Nail Salon Takamatsu Store, Premium Photo Studio Kurane Kokura Store and Kyoto Kimono Yuzen Takatsuki Store, and relocating Hamamatsu Store and Osaka Chuo Store. - FY2022AdvancedAnnual report
「Capital expenditures during the current fiscal year primarily related to the Kimono Store Operations and Other businesses and totaled ¥166 million, including lease deposits and guarantee deposits. The main capital expenditures were costs associated with opening, refurbishing and relocating stores.」
The Company invested ¥166 million in capital expenditures, including the opening, refurbishment and relocation of stores in the Kimono Store Operations and Other businesses, and proceeded with the reallocation and expansion of its store network. - FY2021AdvancedAnnual report
「Category Store name Location Opening date Relocation Ginza Store 3-3-13 Ginza, Chuo-ku, Tokyo Hankyu Hanshin Ginza Building, 5F July 2020」
The planned relocation of Ginza Store was completed in July 2020. - FY2020AdvancedAnnual report
「Store relocations and other measures are as follows: relocation—Hiroshima Store, 6-30 Nakamachi, Naka-ku, Hiroshima, Hiroshima Tele Plaza, 5F, May 2019. Store: Ginza Store (Chuo-ku, Tokyo); kimono-related business; relocation (leased); 83,881; 40,231; internally funded; June 2020; July 2020.」
Hiroshima Store was relocated in May 2019, and the document describes a relocation plan for Ginza Store, scheduled to begin in June 2020 and be completed in July, at a total cost of ¥83.881 million. - FY2019-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 May 2018, the Company resolved to transfer the property, plant and equipment as described below, entered into a transfer agreement dated 31 May 2018, and completed the transfer on 1 October 2018.」
Tokyo Main Store was relocated on 29 September 2018, and the land and building at the former store was transferred on 1 October 2018. The relocation of Tokyo Main Store and the improvement of the efficiency of held assets have been completed at the implementation stage. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 May 2018, the Company resolved to transfer the property, plant and equipment as described below, entered into a transfer agreement dated 31 May 2018, and completed the transfer on 1 October 2018.」
Tokyo Main Store was relocated on 29 September 2018, and the property, plant and equipment at the former store was transferred on 1 October 2018. The plan to relocate stores and improve the efficiency of held assets has progressed to concrete implementation. - FY2018AdvancedAnnual report
「Because the Company decided to relocate its Tokyo Main Store to another location within Chuo-ku, Tokyo, where the current store is located, around October 2018, it will sell the property to improve the efficiency of its asset holdings.」
During the current fiscal year, Tenjin Store was relocated, while Matsuyama Store, Nagasaki Store and Kagoshima Store ceased operations. The Company also decided to relocate and sell Tokyo Main Store and described a relocation plan for Mito Store. - FY2017AdvancedAnnual report
「Store relocations and other measures are as follows: relocation—Kashiwa Store, 1-2-38 Kashi, Kashiwa, Chiba, Sakura Kashiwa Building, 6F, October 2016; refurbishment—Matsudo Store, 1307-1 Matsudo, Matsudo, Matsudo Building, 1F, October 2016; refurbishment—Kyoto Store, 717-2 Higashishiokoji-cho, Shimogyo-ku, Kyoto, Kikuokaya Building, 4F, October 2016; relocation—Atsugi Store, 3-11-20 Nakacho, Atsugi, Kanagawa, Hon-Atsugi K Building, 5F, November 2016; relocation—Kanazawa Store, 2-1-45 Hikozan-cho, Kanazawa, Musashi Building, 6F, January 2017.」
Kashiwa Store, Atsugi Store and Kanazawa Store were relocated, and Matsudo Store and Kyoto Store were refurbished. The policy of relocating and selling Tokyo Main Store remains in place, but the timing and other details have not been determined. - FY2016First statedAnnual report
「Store: Kashiwa Store (Kashiwa, Chiba); kimono-related business; relocation (leased); 32,431; internally funded; September 2016; Store: Atsugi Store (Atsugi, Kanagawa); kimono-related business; relocation (leased); 21,066; 3,566; internally funded; October 2016.」
In addition to the relocations of Yokkaichi Store and Machida Store, the document describes relocation plans for Kashiwa Store and Atsugi Store and plans to sell and relocate Tokyo Main Store.