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Zett (8135) · InitiativeDecline in retail revenue due to store consolidation and closures

Sales expansion through the relocation of a retail store to a larger space

First written in FY2020-Q3. 5 of 16 entries say "Advanced", first in FY2022. Latest entry: FY2027-H1.

16entries
7years
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How it moved
ProgressHeldSoftenedWorseOtherFY2020-Q3 – FY2022-Q1AdvancedFY2022 – FY2023OtherFY2024-Q1 – FY2027-H12020: 120202021: 320212022: 320222023: 420232024: 220242025: 120252026: 22026
Same theme, other companies
Store Network Expansion Through New Store Openings and Relocations or ExpansionsA theme 55 companies write about · 0 as a headwind · 57 as a tailwind

4 other companies' latest entry also says "Other".

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 55 companies compared. The sentences above are computed from all 55.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1Decline in retail revenue due to store consolidation and closuresAnnual report

    「The Group worked to improve its specialist product offering and the quality of its customer service, but revenue declined because some stores were consolidated and closed during the previous fiscal year. As a result, revenue was ¥192 million, down 32.7% year on year.」

    While continuing to improve its product offering and customer service, the retail division’s revenue declined by 32.7% year on year because some stores were consolidated and closed during the previous fiscal year.
  2. FY2026Retail revenue declined due to store consolidation and a warm winterAnnual report

    「In addition to consolidating and closing some stores, the Group experienced a slight slowdown in sales of high-priced products because of the warm weather at the beginning of the fall/winter season. …As a result, revenue was ¥474 million, down 10.8% from the previous fiscal year.」

    While improving its specialist product offering and customer service, the retail division recorded lower revenue as store consolidation and closures and the warm winter caused sales of high-priced products to stagnate.
  3. FY2025Retail revenue continued to decline despite stronger specializationAnnual report

    「The retail division worked to improve customer satisfaction by expanding its specialist product lineup and providing high-quality customer service. However, demand for mountaineering and camping equipment remained subdued compared with the previous year. …As a result, revenue was ¥532 million, down 5.8% from the previous fiscal year.」

    While continuing initiatives to enhance the specialization of its product lineup and customer service, the retail division recorded lower revenue as demand leveled off and the warm winter weighed on sales.
  4. FY2025-H1RestatedAnnual report

    「The retail division focused on raising customer satisfaction by enhancing its specialist product offering and customer service. However, as demand for high-priced products leveled off, revenue declined. As a result, revenue was ¥245 million, down 2.7% year on year.」

    While continuing to enhance its specialist product offering and customer service, the retail division’s revenue declined by 2.7% year on year as demand for high-priced products leveled off.
  5. FY2024-Q3Decline in retail revenue due to leveling demand for outdoor equipment and a warm winterAnnual report

    「The retail division focused on raising customer satisfaction by enhancing its specialist product offering and customer service as the number of climbers approached pre-pandemic levels. However, demand for outdoor equipment leveled off, and sales of high-priced products slowed because of the warm winter, resulting in a slight decline in revenue. As a result, revenue was ¥448 million, down 3.5% year on year.」

    While continuing to enhance its specialist product offering and customer service, revenue declined by 3.5% year on year as demand for outdoor equipment leveled off and sales of high-priced products slowed because of the warm winter.
  6. FY2024-Q2RestatedAnnual report

    「The retail division focused on raising customer satisfaction by enhancing its specialist product offering and customer service as the number of climbers approached pre-pandemic levels. However, as demand for high-priced products leveled off, revenue declined slightly. As a result, revenue was ¥252 million, down 0.7% year on year.」

    While continuing to enhance its specialist product offering and customer service, the retail division’s revenue declined by 0.7% year on year as demand for high-priced products leveled off.
  7. FY2024-Q1Decline in retail revenue as demand for high-priced products leveled offAnnual report

    「The retail division focused on raising customer satisfaction by enhancing its specialist product offering and customer service. However, as demand for high-priced products such as tents leveled off, revenue declined slightly. As a result, revenue was ¥122 million, down 4.4% year on year.」

    While continuing to enhance its specialist product offering and customer service, the retail division’s revenue declined by 4.4% year on year as demand for high-priced products leveled off.
  8. FY2023AdvancedAnnual report

    「The Group enhanced its specialist product offering and customer service and raised customer satisfaction, which increased customer visits and traffic to the e-commerce site. Revenue recovered to pre-pandemic levels and remained solid. Further strengthening its specialization also improved the profit margin.」

    The specialist product offering, customer service and e-commerce-site specialization improved customer visits, site traffic, revenue and the profit margin.
  9. FY2023-Q3AdvancedAnnual report

    「The retail division enhanced its product offering and increased the specialization of its in-store sales and e-commerce site, which raised customer visits and site traffic. Revenue recovered to pre-pandemic levels and remained solid. Strengthening its specialization also improved the profit margin.」

    An enhanced product offering and greater specialization in stores and the e-commerce site increased customer visits and site traffic, bringing revenue back to pre-pandemic levels. Greater specialization also improved the profit margin.
  10. FY2023-Q2AdvancedAnnual report

    「The retail division increased revenue as customer visits to its stores rose, while revenue from the mountaineering-equipment e-commerce site increased slightly as its specialist-store positioning was strengthened. Although the retail division’s performance is recovering, conditions remain difficult, and the Group will continue to focus on increasing revenue and restoring profit. As a result, revenue was ¥254 million, up 8.3% year on year.」

    The retail division increased revenue by 8.3% year on year as customer visits rose and the mountaineering-equipment e-commerce site strengthened its specialist-store positioning. However, although performance is on a recovery trend, conditions remain difficult.
  11. FY2023-Q1AdvancedAnnual report

    「In the retail division, the mountaineering-equipment e-commerce site Lodge PREMIUM SHOP remained solid, partly because its specialist-store positioning was further strengthened from the previous fiscal year, while in-store sales were solid as customer visits increased. As a result, revenue was ¥128 million, up 12.2% year on year.」

    Against a backdrop of the e-commerce site’s stronger specialist-store positioning and increased customer visits, the retail division increased revenue by 12.2% year on year.
  12. FY2022AdvancedAnnual report

    「As a result, revenue was ¥549 million, up 19.2% year on year.」

    Against a backdrop of a rebound in in-store sales following the closure, demand for mountaineering equipment for snowy mountains, and the e-commerce site’s stronger specialist-store positioning, the retail division increased revenue by 19.2% year on year.
  13. FY2022-Q1In-store sales increased on a reboundAnnual report

    「The retail division’s mountaineering-equipment e-commerce site, PREMIUM SHOP, remained solid, while in-store sales increased as a result of the rebound from the approximately one-month closure during the state of emergency in the previous fiscal year. As a result, revenue was ¥114 million, up 66.3% year on year.」

    While the e-commerce site continued to perform solidly, in-store sales increased on a rebound from the approximately one-month closure in the same period of the previous year, resulting in a 66.3% increase in revenue.
  14. FY2021E-commerce remained solid, while in-store sales struggledAnnual report

    「The retail division struggled with in-store sales because the store was closed for approximately one month in response to the state of emergency and customer visits declined amid calls to refrain from going out. However, the mountaineering-equipment e-commerce site, Lodge PREMIUM SHOP, remained solid, partly because the Group strengthened its product offering.」

    While in-store sales struggled because of the store closure and calls to refrain from going out, the e-commerce site remained solid as its product offering was enhanced.
  15. FY2021-Q3E-commerce remained solid, while in-store sales struggledAnnual report

    「The retail division’s mountaineering-equipment e-commerce site, Lodge PREMIUM SHOP, remained solid, with the number of online purchasers continuing to trend upward. In-store sales, however, struggled because customer visits did not increase amid calls to refrain from going out and because the store was closed for approximately one month in response to the state of emergency.」

    After the store was relocated to a larger space, e-commerce remained solid as the number of purchasers continued to increase, while in-store sales struggled because of calls to refrain from going out and a closure of approximately one month.
  16. FY2020-Q3First statedAnnual report

    「In December, the retail division relocated its store from the second floor of Osaka Ekimae Dai-4 Building to the first floor of Osaka Ekimae Dai-2 Building, with expanded floor space. The resulting synergies supported steady performance.」

    A new store initiative was described in which the store was relocated to a larger space and the resulting synergies supported steady performance in the retail division.
Moved together

"Establishing a highly profitable business structure and stabilizing management" moved the same way as this thread, in the same document, in 5 of its 16 moves.

554443★123456
  1. ★This thread
  2. 1Establishing a highly profitable business structure and stabilizing management5×
  3. 2First-quarter revenue and earnings growth5×
  4. 3Advancing the wholesale business4×
  5. 4Improving financial strength by reducing interest-bearing debt4×
  6. 5Cash Inflow from Operating Activities and Increase in Cash Balance4×
  7. 6Risk of bad debts due to deterioration in customers' financial condition3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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