Closure of 3 Unprofitable and Other Stores
First written in FY2016. 8 of 11 entries say "Advanced", first in FY2017. Latest entry: FY2024.
The whole theme swung hardest in 2018: 4 of 36 companies on the "Worse" side.
27 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「During the fiscal year, we closed the Select Minami-Oita store (Oita City, Oita Prefecture).」
The Select Minami-Oita store was closed as part of the store portfolio review. - FY2023-Q1AdvancedAnnual report
「With regard to store expansion, we closed the MrMax Shokuhinkan Tsukiguma store in April 2022. As a result, we operated 57 stores as of the end of May 2022.」
The Shokuhinkan Tsukiguma store closed in April 2022, bringing the number of stores to 57 as of the end of May 2022. - FY2021-Q2AdvancedAnnual report
「The number of stores became 56 after the Rim Fukuyama store in Hiroshima Prefecture closed in August 2020 due to the closure of the shopping center in which it was located.」
The Rim Fukuyama store closed in August 2020 following the closure of the shopping center, bringing the number of stores to 56. - FY2020AdvancedAnnual report
「During the fiscal year, we closed the Ayaragi store (Shimonoseki City, Yamaguchi Prefecture).」
The Ayaragi store was closed as part of the store portfolio review. - FY2020-Q3Store closure-related expenses recordedAnnual report
「Store closure-related expenses - 61」
¥61 million in store closure-related expenses was recorded as a non-operating expense. The main text does not identify the number of newly closed stores. - FY2020-Q2AdvancedAnnual report
「Total store sales were supported by strong performance at existing stores despite unfavorable weather in July and the closure of 1 store following the expiration of its lease,」
1 store was closed following the expiration of its lease. A specific implementation result related to the store portfolio review is indicated. - FY2019AdvancedAnnual report
「During the fiscal year, we closed the Shiramizu store (Kasuga City, Fukuoka Prefecture).」
The closure of the Shiramizu store was added as an actual result of the store portfolio review. - FY2018AdvancedAnnual report
「During the fiscal year, we closed the Tenjin Nishidori store (Fukuoka City, Fukuoka Prefecture).」
The closure of the Tenjin Nishidori store was added as an actual result of the store portfolio review. - FY2017AdvancedAnnual report
「The period was affected by the closure of 4 stores due to aging store facilities and a review of store policy, as well as the temporary closure of 2 stores in the Kumamoto area following the Kumamoto Earthquake of 2016, which occurred in April,」
Following the closure of the 3 stores indicated in the previous filing, 4 stores were closed during the fiscal year. The equipment plan also states that 1 store is scheduled for closure. - FY2017-Q3AchievedAnnual report
「During the cumulative second-quarter period, there were effects from the closure of 3 stores compared with the same period of the previous year, as well as the temporary closure of 2 stores in the Kumamoto area following the Kumamoto Earthquake of 2016, which occurred in April.」
The filing states that the 3 stores whose closure was planned in the previous filing actually closed, indicating that the plan was completed. - FY2016First statedAnnual report
「We plan to close 3 stores and dispose of the associated equipment. However, because impairment accounting is applied, the forecast loss associated with the disposals is immaterial.」
A plan to close 3 stores is indicated as part of a review of the store portfolio.