Komori
Nagahori (8139) · InitiativeRestated

Downsizing and restructuring unprofitable businesses and concentrating management resources on areas of strength

First written in FY2016. 24 of 33 entries say "Restated". Latest entry: 2026-08-07.

33entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q3 – FY20232016: 320162017: 420172018: 320182019: 420192020: 320202021: 320212022: 420222023: 420232024: 120242025: 120252026: 32026
Same theme, other companies
Portfolio restructuring through concentration on priority businesses and exit from non-priority businessesA theme 21 companies write about · 0 as a headwind · 22 as a tailwind

The whole theme swung hardest in 2018: 1 of 11 companies on the "Worse" side.

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

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 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「Against this backdrop, the Group engaged in sales activities at its own and customer events, among others, under its policy of “selection and concentration,” selectively investing management resources in sales channels and product brands centered on the affluent market.」

    The company continues to concentrate resources on channels and brands centered on the affluent market and conduct sales activities through events.
  2. FY2025-H1AdvancedAnnual report

    「Under its policy of “selection and concentration,” selectively investing management resources in sales channels and product brands centered on the affluent market, the company engaged in sales activities at its own and customer events, among others, while also opening a department-store location in Ginza, entering into an exclusive agency agreement with a leading overseas brand, and pursuing further measures to strengthen its product offering.」

    While continuing to concentrate resources on channels and brands targeting affluent customers, the company took concrete steps by opening a department-store location in Ginza and entering into an exclusive agency agreement with a leading overseas brand.
  3. FY2024-Q2RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market, we engaged in sales activities at company-sponsored and customer-sponsored events, among others.」

    The company continues to concentrate resources on channels and brands centered on affluent customers and conduct sales activities through its own and customer events.
  4. FY2024-Q1AdvancedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market, we engaged in sales activities at company-sponsored and customer-sponsored events, among others.」

    The company continued to concentrate resources on channels and brands targeting affluent customers and took concrete steps, including opening stores, acquiring a department-store retail business, and holding its own and customer events.
  5. FY2023RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of focused investment in sales channels and product brands centered on affluent customers, together with “selection and concentration.”
  6. FY2023-Q3RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of focused investment in sales channels and product brands centered on affluent customers, together with “selection and concentration.”
  7. FY2023-Q2RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    There has been no material change to the company’s focused investment in sales channels and product brands centered on affluent customers or to its policy of “selection and concentration.”
  8. FY2023-Q1RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of “selection and concentration,” focused on investing in sales channels and product brands centered on affluent customers.
  9. FY2022RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of concentrating management resources on sales channels and product brands centered on affluent customers.
  10. FY2022-Q3RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    There has been no material change to the company’s policy of focused investment in sales channels and product brands centered on affluent customers, together with “selection and concentration,” and the policy remains in place.
  11. FY2022-Q1RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of focused investment in sales channels and product brands centered on affluent customers, together with “selection and concentration.”
  12. FY2021RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of “selection and concentration,” focused on investing in sales channels and product brands centered on affluent customers.
  13. FY2021-Q3RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of concentrating management resources on sales channels and product brands centered on affluent customers.
  14. FY2021-Q2RestatedAnnual report

    「Under our policy of selective investment and concentration, whereby management resources are focused on sales channels and product brands centered on the affluent market」

    The company continues its policy of “selection and concentration,” focused on investing in sales channels and product brands centered on affluent customers.
  15. FY2020RestatedAnnual report

    「The company continues to maintain its “selection and concentration” policy of selectively investing management resources in promising sales channels and product brands.」

    The company continues to pursue focused investment in promising sales channels and product brands, together with its policy of “selection and concentration.”
  16. FY2020-Q3RestatedAnnual report

    「Under its policy of “selection and concentration,” selectively investing management resources in sales channels and product brands centered on the affluent market, the company carried out advertising campaigns for the Christmas shopping season and proactive sales activities at its own and customer events, among other initiatives.」

    The company continues to concentrate resources on sales channels and product brands centered on affluent customers and to conduct sales activities through advertising and events.
  17. FY2020-Q2AdvancedAnnual report

    「Against this backdrop, the Group engaged in proactive sales activities, including holding its own events and participating in customer events, under its policy of “selection and concentration,” selectively investing management resources in sales channels and product brands centered on the affluent market.」

    In addition to concentrating resources on sales channels and product brands centered on affluent customers, the company held its own events and participated in customer events.
  18. FY2020-Q1RestatedAnnual report

    「The company continues its policy of “selection and concentration,” selectively investing management resources in sales channels and product brands centered on the affluent market.」

    The company continues its policy of focused investment in sales channels and product brands centered on affluent customers, together with “selection and concentration.”
  19. FY2019RestatedAnnual report

    「The company continues to maintain its “selection and concentration” policy of selectively investing management resources in promising sales channels and product brands.」

    The company continues to pursue focused investment in promising sales channels and product brands, together with its policy of “selection and concentration.”
  20. FY2019-Q3AdvancedAnnual report

    「In addition, progress in structural reform led to more efficient expenses year on year and enabled a substantial improvement in earnings. As a result, revenue for the nine months ended December 31 was ¥15,455 million, down 5.4% year on year, while operating profit was ¥51 million, up 189.9%.」

    Expense efficiency and earnings improvement resulting from structural reform continued, with operating profit increasing from ¥17 million in the same period of the previous year to ¥51 million. The jewelry business also turned from a segment loss of ¥14 million in the same period of the previous year to segment profit of ¥12 million.
  21. FY2019-Q2AdvancedAnnual report

    「Progress in structural reform led to more efficient expenses year on year and enabled a substantial improvement in earnings.」

    The company stated that progress in structural reform led to greater expense efficiency and improved earnings. The operating loss narrowed from ¥136 million in the same period of the previous year to ¥48 million.
  22. FY2018RestatedAnnual report

    「The company continues to maintain its “selection and concentration” policy of selectively investing management resources in promising sales channels and product brands.」

    The company continues to maintain as a basic management policy the concentration of resources on promising sales channels and product brands and the reorganization of unprofitable businesses.
  23. FY2018-Q3RestatedAnnual report

    「In its directly operated retail business, the company saw improvements in both its wholesale and directly operated retail businesses through the effects of closing unprofitable stores as part of “selection and concentration” through the second quarter, together with proactive sales activities for the Christmas shopping season.」

    The company described the effects of “selection and concentration,” including the closure of unprofitable stores, and improvements in its wholesale and directly operated retail businesses.
  24. FY2018-Q2AdvancedAnnual report

    「In its directly operated retail business, the company closed unprofitable stores as originally planned, under the theme of “selection and concentration.”」

    The company carried out the planned closure of unprofitable stores and made concrete progress on selection and concentration.
  25. FY2018-Q1RestatedAnnual report

    「The company also continued to reorganize and downsize unprofitable businesses and other operations, advancing “selection and concentration.”」

    The company continues to advance the reorganization and downsizing of unprofitable businesses and other operations, together with “selection and concentration.”
  26. FY2017RestatedAnnual report

    「We will promote the downsizing and reorganization of unprofitable businesses and operations, selectively allocate management resources, and work to strengthen and develop profitable businesses and enhance earnings power.」

    The company continues to maintain as its basic policy the downsizing and reorganization of unprofitable businesses and the concentration of resources on divisions with growth and earnings potential.
  27. FY2017-Q3AdvancedAnnual report

    「During the 9-month period ended in the third quarter, the Company advanced its policy of selection and concentration by closing 7 unprofitable directly operated retail stores by the second quarter and opening 2 new stores in department stores during the third quarter as a selective investment of management resources in its department-store wholesale business,」

    In addition to closing 7 unprofitable stores, the company opened 2 stores in the wholesale business for department stores during the third quarter, making concrete progress in downsizing unprofitable businesses and concentrating resources on priority areas.
  28. FY2017-Q2AdvancedAnnual report

    「While closing 7 unprofitable stores in its directly operated retail business, the company pursued “selection and concentration,” including opening 2 new department-store locations as part of its focused investment of management resources in the wholesale business for department stores.」

    The company advanced the closure of unprofitable stores and focused investment in the wholesale business for department stores, where stable business scale and earnings growth are expected, specifically by closing 7 stores and opening 2.
  29. FY2017-Q1RestatedAnnual report

    「The company pursued a strategy of selection and concentration by downsizing and restructuring stores in unprofitable business divisions while concentrating management resources on the department-store wholesale business, where it has greater strength and expects stable earnings growth.」

    The company continues to pursue a portfolio policy of downsizing and reorganizing unprofitable businesses and concentrating resources on its wholesale business for department stores.
  30. FY2016First statedAnnual report

    「The company will pursue a strategy of selection and concentration by downsizing and restructuring unprofitable businesses while concentrating management resources on areas in which it has stronger expertise.」

    A business portfolio policy of downsizing and restructuring unprofitable businesses and concentrating resources on relatively stronger business areas.
Moved together

"Enhancing the Growth Potential and Profitability of Existing Sales Channels" moved the same way as this thread, in the same document, in 6 of its 33 moves.

65332★12345
  1. ★This thread
  2. 1Enhancing the Growth Potential and Profitability of Existing Sales Channels6×
  3. 2Closure of Unprofitable Stores and Shift of Resources to Highly Profitable Stores5×
  4. 3Material uncertainty regarding going concern due to continued operating losses3×
  5. 4Improving Profit Margins by Reducing SG&A Expenses3×
  6. 5Supplying products by customer target and developing core brands2×

★ 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.

When this could move next
Nagahori's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Results of 2026-08-07: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.