Komori
Chiyoda (8185) · FactDropped

Decline in revenue from the apparel business and a shift to an operating loss

First written in FY2017-Q2. 14 of 32 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2026-H1.

32entries
10years
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How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q2 – FY2019-Q1WorsenedFY2019-Q2 – FY2021-Q2MitigatedFY2021-Q3 – FY2023WorsenedFY2024-Q1 – FY2025-H12016: 12017: 420172018: 320182019: 420192020: 320202021: 420212022: 420222023: 420232024: 420242025: 12025
Same theme, other companies
Performance Divergence Across the Functional Solutions, Apparel and Life Create BusinessesA theme 5 companies write about · 2 as a headwind · 0 as a tailwind

Chiyoda moved to the "Worse" side of this theme in 2019.

0 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1DroppedAnnual report

    「On 19 November 2024, the Company transferred all shares of 株式会社マックハウス, which operated the apparel business, to G Future Fund No. 1 Investment Limited Partnership. Accordingly, from the current interim consolidated accounting period, the Group has been a single-segment company engaged solely in the footwear business, and segment information has been omitted.」

    Following the transfer of all shares in the apparel business, the Group has consisted solely of the footwear business since the current interim consolidated accounting period, and the apparel business's results are no longer presented as part of the current business.
  2. FY2025-H1WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥6,561 million, down 19.4% year on year, and the operating loss was ¥505 million, compared with an operating loss of ¥392 million in the same period of the previous year.」

    Revenue from the apparel business fell 19.4% year on year, while the operating loss widened from ¥392 million to ¥505 million.
  3. FY2025-Q1WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥3,316 million, down 22.9% year on year, and the operating loss was ¥173 million, compared with an operating loss of ¥59 million in the same period of the previous year.」

    Revenue from the apparel business fell 22.9% year on year, while the operating loss widened from ¥59 million to ¥173 million.
  4. FY2024WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥15,409 million, down 16.5% year on year, and the operating loss was ¥922 million, compared with an operating loss of ¥726 million in the same period of the previous year.」

    The apparel business's revenue decline widened to 16.5%, and the operating loss also widened from ¥726 million in the previous year to ¥922 million.
  5. FY2024-Q3WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥11,698 million, down 13.8% year on year, and the operating loss was ¥550 million, compared with an operating loss of ¥447 million in the same period of the previous year.」

    Revenue from the apparel business fell 13.8% year on year, while the operating loss widened from ¥447 million to ¥550 million.
  6. FY2024-Q2WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥8,140 million, down 9.4% year on year, and the operating loss was ¥392 million, compared with an operating loss of ¥335 million in the prior-year period.」

    The apparel business continued to report lower revenue, and the operating loss widened from ¥335 million in the prior-year period to ¥392 million.
  7. FY2024-Q1WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥4,301 million, down 8.7% year on year, and the operating loss was ¥59 million, compared with an operating loss of ¥50 million in the prior-year period.」

    Revenue from the apparel business declined 8.7% year on year, and the operating loss widened from ¥50 million in the prior-year period to ¥59 million.
  8. FY2023MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥18,443 million, up 1.6% year on year, and the operating loss was ¥726 million, compared with an operating loss of ¥1,078 million in the prior-year period.」

    The apparel business reported higher revenue, and the operating loss narrowed from the prior year, but it remained in the red on an operating basis.
  9. FY2023-Q3MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥13,577 million, up 0.5% year on year, and the operating loss was ¥447 million, compared with an operating loss of ¥637 million in the prior-year period.」

    Revenue from the apparel business rose 0.5% year on year, and the operating loss narrowed from ¥637 million to ¥447 million.
  10. FY2023-Q2MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥8,982 million, up 2.2% year on year, and the operating loss was ¥335 million, compared with an operating loss of ¥494 million in the prior-year period.」

    Revenue from the apparel business increased year on year, and the operating loss narrowed from ¥494 million to ¥335 million.
  11. FY2023-Q1MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥4,713 million, up 1.7% year on year, and the operating loss was ¥50 million, compared with an operating loss of ¥96 million in the prior-year period.」

    Revenue from the apparel business rose 1.7% year on year, and the operating loss narrowed from ¥96 million to ¥50 million.
  12. FY2022MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥18,155 million, down 7.8% year on year, and the operating loss was ¥1,078 million, compared with an operating loss of ¥1,127 million in the prior-year period.」

    Although the apparel business continued to report lower revenue, the operating loss narrowed from ¥1,127 million in the prior year to ¥1,078 million.
  13. FY2022-Q3MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥13,512 million, down 8.6% year on year, and the operating loss was ¥637 million, compared with an operating loss of ¥648 million in the prior-year period.」

    Revenue from the apparel business declined 8.6% year on year, but the operating loss narrowed from ¥648 million in the prior-year period to ¥637 million.
  14. FY2022-Q2MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥8,788 million, down 5.0% year on year, and the operating loss was ¥494 million, compared with an operating loss of ¥744 million in the prior-year period.」

    While the apparel business continued to report lower revenue, the operating loss narrowed from ¥744 million in the prior-year period to ¥494 million.
  15. FY2022-Q1MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥4,633 million, up 17.9% year on year, and the operating loss was ¥96 million, compared with an operating loss of ¥736 million in the prior-year period.」

    Revenue from the apparel business rose 17.9% year on year, and the operating loss narrowed from ¥736 million to ¥96 million.
  16. FY2021MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥19,684 million, down 23.1% year on year, and the operating loss was ¥1,127 million, compared with an operating loss of ¥1,357 million in the prior-year period.」

    Although the apparel business continued to report a 23.1% year-on-year revenue decline, the operating loss narrowed from ¥1,357 million in the prior year to ¥1,127 million.
  17. FY2021-Q3MitigatedAnnual report

    「As a result, revenue from the apparel business was ¥14,791 million, down 24.5% year on year, and the operating loss was ¥648 million, compared with an operating loss of ¥893 million in the prior-year period.」

    Although the apparel business continued to report lower revenue, the year-on-year decline narrowed from 30.7% to 24.5%, and the operating loss narrowed from ¥893 million to ¥648 million.
  18. FY2021-Q2WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥9,255 million, down 30.7% year on year, and the operating loss was ¥744 million, compared with an operating loss of ¥535 million in the prior-year period.」

    Revenue from the apparel business declined 30.7% year on year, and the operating loss widened from ¥535 million to ¥744 million.
  19. FY2021-Q1WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥3,929 million, down 43.6% year on year, and the operating loss was ¥736 million, compared with an operating loss of ¥105 million in the prior-year period.」

    The apparel business continued to report lower revenue, with the decline reaching 43.6%, and the operating loss widened from ¥105 million in the prior-year period to ¥736 million.
  20. FY2020-Q3WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥19,592 million, down 5.8% year on year, and the operating loss was ¥893 million, compared with an operating loss of ¥313 million in the prior-year period.」

    The apparel business continued to report lower revenue, and the operating loss widened from ¥313 million in the prior-year period to ¥893 million.
  21. FY2020-Q2WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥13,364 million, down 2.5% year on year, and the operating loss was ¥535 million, compared with an operating loss of ¥202 million in the prior-year period.」

    The apparel business continued to report lower revenue, and the operating loss widened from ¥202 million in the prior-year period to ¥535 million.
  22. FY2020-Q1WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥6,967 million, down 2.4% year on year, and the operating loss was ¥105 million, compared with an operating loss of ¥58 million in the prior-year period.」

    The apparel business continued to report lower revenue, and the operating loss widened from ¥58 million in the prior-year period to ¥105 million.
  23. FY2019WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥28,009 million, down 9.2% year on year, and the operating loss was ¥1,238 million, compared with operating profit of ¥216 million in the prior-year period.」

    The apparel business continued to report lower revenue and fell from operating profit in the prior-year period to an operating loss, which widened to ¥1,238 million.
  24. FY2019-Q3WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥20,800 million, down 9.8% year on year, and the operating loss was ¥313 million, compared with operating profit of ¥175 million in the prior-year period.」

    The apparel business continued to report lower revenue, fell from operating profit in the prior-year period to an operating loss, and recorded a cumulative operating loss of ¥313 million.
  25. FY2019-Q2WorsenedAnnual report

    「As a result, revenue from the apparel business was ¥13,707 million, down 9.6% year on year, and the operating loss was ¥202 million, compared with operating profit of ¥15 million in the prior-year period.」

    The apparel business continued to fall from operating profit in the prior-year period to an operating loss, and the cumulative operating loss reached ¥202 million.
  26. FY2019-Q1Fall from operating profit to an operating lossAnnual report

    「As a result, revenue from the apparel business was ¥7,138 million, down 9.4% year on year, and the business posted an operating loss of ¥58 million, compared with operating profit of ¥109 million in the prior-year period.」

    The apparel business shifted from operating profit in the prior-year period to an operating loss, changing from lower revenue and lower profit to lower revenue and an operating deficit.
  27. FY2018RestatedAnnual report

    「As a result, revenue from the apparel business was ¥30,852 million, down 8.5% from the previous fiscal year, and operating profit was ¥216 million, down 64.9%.」

    Although the apparel business secured operating profit, both revenue and operating profit were below the prior year, and the decline in operating profit widened.
  28. FY2018-Q2Shift from an operating loss in the prior-year period to operating profitAnnual report

    「As a result, the gross profit margin rose 5.2 percentage points year on year, mainly reflecting the benefits of procurement reforms. However, the substantial decline in the number of customers had a significant impact, with apparel business revenue at ¥15,163 million, down 9.0% year on year, and operating profit at ¥15 million, compared with an operating loss of ¥26 million in the prior-year period.」

    The apparel business reported lower revenue due to a substantial decline in customer traffic, but its gross profit margin rose 5.2 percentage points year on year, and results shifted from an operating loss to operating profit.
  29. FY2018-Q1RestatedAnnual report

    「As a result, the gross profit margin rose 5.4 percentage points from the previous fiscal year, mainly reflecting the benefits of procurement reforms. However, the substantial decline in the number of customers had a significant impact, with apparel business revenue at ¥7,880 million, down 11.6% year on year, and operating profit at ¥109 million, down 35.0%.」

    The apparel business's gross profit margin rose 5.4 percentage points from the previous fiscal year, but lower customer traffic led to declines in both revenue and operating profit.
  30. FY2017RestatedAnnual report

    「As a result, revenue from the apparel business was ¥33,727 million, down 6.2% year on year, and operating profit was ¥616 million, down 14.3%.」

    Although the apparel business secured operating profit, both revenue and operating profit were below the prior year.
  31. FY2017-Q3Turnaround from operating loss to operating incomeAnnual report

    「As a result, revenue from the apparel business was ¥25,315 million, down 4.9% year on year, and operating profit was ¥349 million, down 50.5%.」

    The apparel business, which recorded an operating loss of ¥26 million on a cumulative second-quarter basis, posted operating profit of ¥349 million on a cumulative third-quarter basis. Meanwhile, revenue and operating profit were below the prior-year period.
  32. FY2017-Q2First statedAnnual report

    「As a result, although the number of customers increased, the average spend per customer remained weak, and revenue declined partly because many unprofitable stores had been closed since the previous consolidated fiscal year. On the profit front, the gross profit margin fell below the prior-year period's level due to increased discounting and other factors. Expenses benefited from the closure of unprofitable stores, but selling expenses, led by advertising and promotional costs, increased. As a result, revenue from the apparel business was ¥16,669 million, down 3.5% year on year, and the business posted an operating loss of ¥26 million, compared with operating profit of ¥297 million in the prior-year period.」

    In the apparel business, the number of customers increased but average spend per customer remained weak, resulting in lower revenue. Operating results shifted from a profit in the prior-year period to an operating loss.
Moved together

"First-Quarter Revenue and Profit Decline" moved the same way as this thread, in the same document, in 14 of its 32 moves.

141212111010★123456
  1. ★This thread
  2. 1First-Quarter Revenue and Profit Decline14×
  3. 2Risk of Additional Impairment Losses on Operating Assets12×
  4. 3Strengthening sales of products that meet actual demand and offer value at low prices12×
  5. 4Stagnant Customer Traffic and Challenging Retail Environment Due to Weaker Consumer Sentiment11×
  6. 5Expanding customer segments by adapting to market conditions and customer needs10×
  7. 6Optimizing the Store Network and Rationalizing Unprofitable Locations Through Store Openings and Closures10×

★ 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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