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Handsman (7636) · FactDropped

Higher selling, general and administrative expenses due to preparations for the Matsubara store opening

First written in FY2023-Q3. 1 of 7 entries say "Dropped", first in FY2026. Latest entry: FY2026.

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How it moved
ProgressHeldSoftenedWorseOtherFY2023-Q3 – FY20262023: 220232024: 320242025: 120252026: 12026
Same theme, other companies
Earnings pressure from subsidy loss and new store openingsA theme 28 companies write about · 29 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.

7 other companies' latest entry also says "Dropped".

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.
Showing 14 of the 28 companies compared. The sentences above are computed from all 28.
Full recordFilings, disclosures and news, newest first
  1. FY2026DroppedAnnual report

    「Selling, general and administrative expenses were 99.5% of the previous fiscal year's level due to decreases in depreciation and amortization, utilities expenses and other costs,」

    Costs associated with the opening of the Matsubara store, which had been disclosed through the previous fiscal year, were not specifically identified as a major factor in changes in selling, general and administrative expenses for the current fiscal year. Instead, decreases in depreciation and amortization and water, electricity, gas and heating expenses were disclosed.
  2. FY2025Impact of store-opening costs reflectedAnnual report

    「Selling, general and administrative expenses decreased to ¥9,777 million, or 98.1% of the previous fiscal year's level, due in part to the impact of costs associated with the opening of the Matsubara store,」

    It states that costs associated with the opening of the Matsubara store affected selling, general and administrative expenses in the current fiscal year. Selling, general and administrative expenses, including costs incurred after the store opened, decreased to 98.1% of the previous fiscal year's level.
  3. FY2024Full-year store-opening costs recordedAnnual report

    「SG&A expenses increased to 117.8% of the previous fiscal year due to expenses associated with the opening of the Matsubara store and higher personnel costs, among other factors,」

    After the Matsubara store opened in October 2023, store-opening-related costs were recorded as a factor contributing to higher selling, general and administrative expenses for the full year.
  4. FY2024-Q3Third-quarter store-opening costs recordedAnnual report

    「SG&A expenses increased to 120.7% of the year-earlier period due to expenses associated with the opening of the Matsubara store and higher personnel costs, among other factors,」

    After the Matsubara store opened in October 2023, costs associated with the opening continued to be recorded as a factor contributing to higher selling, general and administrative expenses for the nine months ended the third quarter.
  5. FY2024-Q2Matsubara store-related costs recorded after openingAnnual report

    「SG&A expenses increased to 120.8% of the year-earlier period due to expenses associated with the opening of the Matsubara store and higher personnel costs, among other factors,」

    After the Matsubara store opened in October 2023, costs associated with the opening continued to be recorded as a factor contributing to higher selling, general and administrative expenses for the six months ended the second quarter.
  6. FY2024-Q1Preparation costs recorded immediately before store openingAnnual report

    「SG&A expenses increased to 109.3% of the year-earlier period due to preparations for the opening of the Matsubara store and higher personnel costs, among other factors,」

    In the first quarter immediately preceding the opening of the Matsubara store in October 2023, costs associated with preparations for the opening were also recorded as a factor contributing to higher selling, general and administrative expenses.
  7. FY2023-Q3First statedAnnual report

    「SG&A expenses rose to ¥6,139 million, or 106.3% of the year-earlier period, due to preparations for the opening of the Matsubara store and higher personnel costs, among other factors,」

    Costs associated with preparations for the opening of the Matsubara store in Osaka Prefecture can be identified independently for the first time as a factor contributing to higher selling, general and administrative expenses for the nine months ended the third quarter.
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Higher selling, general and administrative expenses due to preparations for the Matsubara store opening | HANDSMAN CO.,LTD (7636) | Komori