Weak sales at suburban roadside stores
First written in FY2018-Q2. 1 of 3 entries say "Reframed", first in FY2018. Latest entry: FY2019-Q1.
The whole theme swung hardest in 2026: 8 of 10 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2019-Q1RestatedAnnual report
「However, conventional street-front stores remained weak, and same-store sales for the cumulative first quarter fell 8.7% year on year, resulting in gross profit falling significantly below the previous year.」
Weak performance at conventional street-front stores in the apparel business and declining same-store sales have continued to be reported. - FY2018ReframedAnnual report
「However, sales at aging street-front stores, which account for more than 30% of the store base, remained weak, and same-store sales fell 5.2% from the previous period.」
The scope has expanded, with weak performance at aging street-front stores in the apparel business explicitly identified in addition to suburban street-front stores in the traditional footwear business. - FY2018-Q2First statedAnnual report
「However, customer numbers remained sluggish owing to intensifying competition and adverse summer weather, while sales at suburban roadside stores, which account for more than half of the stores by number, remained weak.」
This describes the structural fact that sales at suburban street-front stores, which account for more than half of the store base, remained weak due to the competitive environment and unsettled summer weather.