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Platz (7813) · InitiativeAchieved

Launch of the Fitness Business and Classification as a Reportable Segment

First written in FY2019-Q3. 1 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2020.

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ProgressHeldSoftenedWorseFirst statedFY2019-Q3OtherFY2020-Q1 – FY2020-Q32019: 320192020: 32020
Same theme, other companies
Entry into the fitness, relaxation and sports facilities businessA theme 6 companies write about · 2 as a headwind · 4 as a tailwind

1 other company's latest entry also says "Achieved".

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Full recordFilings, disclosures and news, newest first
  1. FY2020AchievedAnnual report

    「Fitness Business (¥ thousand) Previous consolidated fiscal year 1,013 Current consolidated fiscal year 7,410 In view of the significant impact on operations from the spread of COVID-19 and the resulting state of emergency declaration, the company withdrew from the Fitness Business in June 2020.」

    The company withdrew from the Fitness Business in June 2020. Full-year sales amounted to ¥7.410 million, while an impairment loss of ¥16.749 million was also recorded in connection with the withdrawal.
  2. FY2020-Q3Third-quarter revenue recognition and widening lossAnnual report

    「Fitness Business (¥ thousand) — 6,904 —」

    The Fitness Business recorded cumulative third-quarter sales of ¥6.904 million. Meanwhile, the segment loss widened to ¥22.322 million from ¥15.285 million in the previous quarter.
  3. FY2020-Q2Second-quarter revenue recognition and widening lossAnnual report

    「Fitness Business (¥ thousand) — 4,544 —」

    The Fitness Business recorded cumulative second-quarter sales of ¥4.544 million, while the segment loss was ¥15.285 million. Both sales and the loss increased from cumulative sales of ¥1.878 million and a loss of ¥8.229 million in the previous quarter.
  4. FY2020-Q1Quarterly revenue recognition and continuing lossesAnnual report

    「Fitness Business (¥ thousand) — 1,878 —」

    The Fitness Business recorded sales of ¥1.878 million in the first quarter. Meanwhile, the segment loss was ¥8.229 million.
  5. FY2019AdvancedAnnual report

    「Sales from the Fitness Business for the current consolidated fiscal year amounted to ¥1.013 million. The first fitness gym under the business opened in March 2019, so sales for the previous consolidated fiscal year are not disclosed.」

    The first location of the Fitness Business’s “Playsa” fitness gym opened in March 2019, and full-year sales amounted to ¥1.013 million. The Fitness Business continued to be reported as a segment.
  6. FY2019-Q3First statedAnnual report

    「Accordingly, the company’s segments are based on the products and services it handles, and comprise 2 reportable segments: “Electric Beds for Medical and Nursing Care” and “Fitness Business.” The Fitness Business operates fitness gyms.」

    Through the establishment of 株式会社プレイス, the company began operating fitness gyms. From the third quarter, as the business became more significant, the company changed its reportable segments to 2 segments: the Electric Beds for Medical and Nursing Care Business and the Fitness Business. The Fitness Business recorded revenue of ¥49 thousand and a segment loss of ¥21.060 million.
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Launch of the Fitness Business and Classification as a Reportable Segment | PLATZ Co.,Ltd. (7813) | Komori