Expanding Market Share Through New Store Openings and Relocations
First written in FY2016. 20 of 34 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
29 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Store openings [including relocations] (April–March) 6 [4] 1 [1] 0 7 [5] 0 3 [1] Store closures (April–March) 7 7 2 16 6 0 Stores at period-end (end of March) 673 36 11 720 0 29」
The business-wear business opened 7 stores (including 5 relocations) and closed 16 stores. AOYAMA TRADING Co.,Ltd.’s domestic store network continues to be reorganised with a focus on efficiency. - 2026-05-20SoftenedEarnings presentation
「In fiscal 2025, given the increase in store opening costs resulting from the weaker yen and higher raw material costs, we took a cautious approach to new store openings.」
The company is prioritizing the disposal of unprofitable stores over expansion through new openings and has become more cautious in deciding whether to open stores. - FY2026-H1AdvancedAnnual report
「In addition, the Company opened “AO＋ (Aoyama Plus),” a new-concept store in Tokyo that uses digital technology for Generation Z customers.」
While improving the efficiency of its store network, the Company opened “AO＋,” a new-concept store in Tokyo that uses digital technology for Generation Z customers. - FY2025AdvancedAnnual report
「Store openings [including relocations] (April–March) 4 [2] 6 [2] 0 10 [4] 1 1 [1] Store closures (April–March) 9 4 1 14 3 0 Stores at period-end (end of March) 678 43 13 734 6 27」
In the fiscal year ended March 2025, the business-wear business opened 10 stores (including 4 relocations) and closed 14 stores, bringing AOYAMA TRADING Co.,Ltd.’s number of stores at period-end to 734. Store efficiency improvements through a combination of new openings, relocations and closures are continuing. - FY2024ReframedAnnual report
「(2) Business-wear business: Expanding market share through new store openings ① Store openings using new formats and low-investment models ② “Build and scrap” for unprofitable stores」
The store-opening policy had been shifting toward a focus on existing stores and store efficiency. Under the plan for the fiscal years ending March 2025 through March 2027, the policy has been reorganised to combine new store openings using new formats and low-investment models with the build-and-scrap approach for unprofitable stores. - FY2024-Q3Update on store openings and closures in the third quarterAnnual report
「Store openings [including relocations] (April–December) 1 [1] 4 [1] 0 5 [2] 0 2 [1] Store closures (April–December) 7 1 1 9 7 0 Stores at period-end (end of December) 688 44 14 746 8 27」
From April through December, the business-wear business opened 5 stores (including 2 relocations) and closed 9 stores, bringing the number of stores at period-end to 746. - FY2024-Q2Update on store openings and closures in the second quarterAnnual report
「Store openings [including relocations] (April–September) 1 [1] 3 [1] 0 4 [2] 0 1 Store closures (April–September) 7 1 1 9 5 0 Stores at period-end (end of September) 688 43 14 745 10 27」
From April through September, the business-wear business opened 4 stores (including 2 relocations) and closed 9 stores, bringing AOYAMA TRADING Co.,Ltd.’s number of stores at period-end to 745. Store efficiency improvements through a combination of openings, relocations and closures are continuing. - FY2024-Q1Update on store openings and closures in the first quarterAnnual report
「Store openings [including relocations] (April–June) 1 [1] 3 [1] 0 4 [2] 0 0 Store closures (April–June) 5 1 0 6 1 0」
In the first quarter, the business-wear business opened 4 stores (including 2 relocations) and closed 6 stores. Store efficiency improvements through a combination of relocations and closures, rather than new expansion, are continuing. - FY2023SoftenedAnnual report
「Store openings [including relocations and rebuilds] (April–March) 2 [1] 6 [5] 0 3 0 11 [6] 0 Store closures (April–March) 78 4 2 0 2 86 5 Stores at period-end (end of March) 704 47 6 9 2 768 22」
For the full fiscal year, the business-wear business opened 6 stores and closed 19 stores, bringing AOYAMA TRADING Co.,Ltd.’s number of stores at period-end to 752. Store efficiency improvements through relocations, rebuilds and closures are being prioritised over simply expanding the store network through new openings. - FY2023-Q3Update on store openings and closures in the third quarterAnnual report
「Store openings [including relocations and rebuilds] (April–December) 2 [2] 1 [1] 0 1 0 4 [3] 0 0 Store closures (April–December) 8 3 1 1 1 14 7 5 Stores at period-end (end of December) 696 44 5 9 1 755 15 27」
From April through December, the business-wear business opened 4 stores (including 3 relocations and rebuilds) and closed 14 stores, bringing the number of stores at period-end to 755. Store efficiency improvements, with greater emphasis on closures than openings, are continuing. - FY2023-Q2AdvancedAnnual report
「Store openings [including relocations and rebuilds] (April–September) 2 [2] 0 0 1 0 3 [2] 0 Store closures (April–September) 5 2 1 1 1 10 7 5 Stores at period-end (end of September) 699 45 5 9 1 759 15 27」
From April through September, the business-wear business opened 3 stores (including 2 relocations and rebuilds) and closed 10 stores, bringing AOYAMA TRADING Co.,Ltd.’s number of stores at period-end to 759. Store efficiency improvements through a combination of openings, relocations and closures are continuing. - FY2023-Q1Update on store openings and closures in the first quarterAnnual report
「Store openings [including rebuilds] (April–June) 1 [1] 0 0 0 0 1 [1] 0 Store closures (April–June) 3 0 1 1 0 5 1 Stores at period-end (end of June) 701 47 5 8 2 763 21」
In the first quarter, the business-wear business opened 1 rebuilt store and closed 5 stores. AOYAMA TRADING Co.,Ltd. had 763 stores at period-end. - FY2022AdvancedAnnual report
「Store openings [including relocations] (April–March) 2 [1] 6 [5] 0 3 0 11 [6] 0 Store closures (April–March) 78 4 2 0 2 86 5 Stores at period-end (end of March) 704 47 6 9 2 768 22」
For the full fiscal year, the business-wear business opened 11 stores (including 6 relocations) and closed 86 stores, bringing the number of stores at period-end to 768. Store efficiency improvements through a combination of relocations and closures are progressing, rather than through new store openings. - FY2022-Q3AdvancedAnnual report
「Store openings [including relocations] (April–September) 1 [1] 3 [2] 0 2 0 6 [3] 0 Store closures (April–September) 76 3 1 0 0 80 4 Stores at period-end (end of September) 705 48 7 8 4 772」
From April through December, the business-wear business opened 10 stores (including 5 relocations) and closed 81 stores, bringing the number of stores at the end of December to 773. The elimination of inefficient stores is progressing as the Company shifts toward a focus on existing stores. - FY2022-Q2AdvancedAnnual report
「Store openings [including relocations] (April–September) 1 [1] 3 [2] 0 2 0 6 [3] 0 Store closures (April–September) 76 3 1 0 0 80 4 Stores at period-end (end of September) 705 48 7 8 4 772 23」
From April through September, the business-wear business opened 6 stores (including 3 relocations) and closed 80 stores, bringing the number of stores at the end of September to 772. Operations are increasingly combining the elimination of unprofitable and inefficient stores with relocations, rather than pursuing new expansion. - FY2022-Q1AdvancedAnnual report
「Store closures (April–June) 74 2 0 0 0 76 4 Stores at period-end (end of June) 707 49 8 8 4 776 23」
In the first quarter, the business-wear business closed 76 stores, bringing the number of stores at the end of June to 776. Operations are shifting further from a focus on new store openings toward eliminating unprofitable and inefficient stores. - FY2021AdvancedAnnual report
「Store openings [including relocations and rebuilds] (April–March) 1 [1] 4 [2] 1 [1] 1 0 7 [4] 0 Store closures (April–March) 28 8 1 0 4 41 3 Stores at period-end (end of March) 781 50 8 6 4 849 27」
For the full fiscal year, the business-wear business opened 7 stores (including 4 relocations and rebuilds) and closed 41 stores, bringing the number of stores at period-end to 849. Operations are increasingly combining relocations and rebuilds with the elimination of unprofitable and inefficient stores, rather than simply expanding through new store openings. - FY2021-Q3AdvancedAnnual report
「Store openings [including relocations and rebuilds] (April–December) 1 [1] 4 [2] 1 [1] 1 0 7 [4] 0 Store closures (April–December) 24 6 0 0 3 33 3 Stores at period-end (end of December) 785 52 9 6 5 857 27」
From April through December, the business-wear business opened 7 stores (including 4 relocations and rebuilds) and closed 33 stores, including inefficient stores, bringing the number of stores at the end of December to 857. - FY2021-Q2AdvancedAnnual report
「In addition, to optimise its cost structure, the Company closed 33 inefficient stores.」
After shifting toward generating stable earnings primarily from existing stores, the Company closed 33 inefficient stores as part of its cost-structure optimisation measures. - FY2021-Q1ReframedAnnual report
「This change reflects the Company’s shift from its past management strategy centred on aggressive new store openings toward a strategy aimed at generating stable earnings primarily from existing stores, as it reassesses store efficiency in response to changes in the operating environment in recent years,」
The Company has clearly stated that it has revised its strategy centred on aggressive new store openings and shifted toward generating stable earnings primarily from existing stores. - FY2020-Q3AdvancedAnnual report
「Store openings [including relocations and rebuilds] (April–December) 4 [2] 0 0 2 0 6 [2] 1 Store closures (April–December) 1 2 0 0 0 3 4 Stores at period-end (end of December) 810 58 9 5 10 892 28」
From April through December, the business-wear business opened 6 stores and closed 3 stores, bringing the number of stores at the end of December to 892. - FY2020-Q2Update on store openings and closures in the second quarterAnnual report
「Store openings (April–September) 1 0 0 2 0 3 1 Store closures (April–September) 1 1 0 0 0 2 3 Stores at period-end (end of September) 809 59 9 5 10 892 29」
From April through September, the business-wear business opened 3 stores and closed 2 stores, bringing the number of stores at the end of September to 892. The Shanghai subsidiary had 29 stores. - FY2020-Q1Update on store openings and closures in the first quarterAnnual report
「Store openings (April–June) 0 0 0 1 0 1 0 Store closures (April–June) 1 0 0 0 0 1 1 Stores at period-end (end of June) 808 60 9 4 10 891 30」
From April through June, the business-wear business opened 1 store and closed 1 store. At period-end, AOYAMA TRADING Co.,Ltd.’s business-wear business had 891 stores and the Shanghai subsidiary had 30 stores. - FY2019AdvancedAnnual report
「The Company opened 14 “洋服の青山” stores (including 6 relocations and 1 rebuilt store) and 5 “ザ・スーツカンパニー” stores (including 1 relocation), and closed 16 inefficient stores (10 “洋服の青山” stores, 2 “ザ・スーツカンパニー” stores, 3 “ユニバーサル ランゲージ” stores and 1 “UL OUTLET” store).」
For the full fiscal year, the Company opened 19 stores and closed 16 stores. Operations are shifting toward combining relocations and rebuilds with the elimination of inefficient stores. - FY2019-Q3AdvancedAnnual report
「The Company opened 11 “洋服の青山” stores (including 4 relocations and 1 rebuilt store) and 5 “ザ・スーツカンパニー” stores (including 1 relocation), and closed 11 inefficient stores (6 “洋服の青山” stores, 1 “ザ・スーツカンパニー” store, 3 “ユニバーサル ランゲージ” stores and 1 “UL OUTLET” store).」
From April through December, the business-wear business opened 16 stores and closed 11 inefficient stores. The Company is combining relocations and rebuilds with the elimination of inefficient stores, rather than simply expanding the number of stores. - FY2019-Q2SoftenedAnnual report
「The Company opened 1 “洋服の青山” store (a rebuilt store) and 1 “ザ・スーツカンパニー” store, and closed 11 inefficient stores (6 “洋服の青山” stores, 1 “ザ・スーツカンパニー” store, 3 “ユニバーサル ランゲージ” stores and 1 “UL OUTLET” store).」
While store openings were limited to 2, including 1 rebuilt store, the Company closed 11 inefficient stores. The focus is shifting from simply increasing the number of stores toward opening and closing stores with an emphasis on store efficiency. - FY2019-Q1SoftenedAnnual report
「With regard to the business-wear business of AOYAMA TRADING Co.,Ltd., the core division of this business, the Company opened 1 “ザ・スーツカンパニー” store and closed 8 inefficient stores (6 “洋服の青山” stores, 1 “ザ・スーツカンパニー” store and 1 “UL OUTLET” store).」
The Company opened only 1 store while closing 8 inefficient stores. The focus is shifting from continuing to open stores to expand market share toward opening and closing stores with an emphasis on store efficiency. - FY2018-Q3AdvancedAnnual report
「The Company steadily opened stores, including 13 “洋服の青山” stores (including 4 relocations), 8 “ザ・スーツカンパニー” stores (including 5 converted from “ネクストブルー” stores) and 2 women’s specialty stores under the “ホワイト ザ・スーツカンパニー” brand, while」
From April through December, the business-wear business opened 23 stores and closed 8 stores, bringing the number of stores at the end of December to 900. - FY2018-Q2AdvancedAnnual report
「With regard to the business-wear business of AOYAMA TRADING Co.,Ltd., the core division of this business, the Company steadily opened stores, including 5 “洋服の青山” stores, 3 “ザ・スーツカンパニー” stores and 2 women’s specialty stores under the “ホワイト ザ・スーツカンパニー” brand, while」
By the end of the second quarter, the business-wear business had opened 10 stores and closed 3 stores, bringing the number of stores at the end of September to 896. - FY2017AdvancedAnnual report
「The Company steadily opened stores, including 18 “洋服の青山” stores (including 7 relocations), 3 “ザ・スーツカンパニー” stores, 6 new-format women’s specialty stores under the “ホワイト ザ・スーツカンパニー” brand and 2 custom-order stores under the “ユニバーサル ランゲージ メジャーズ” brand.」
During the period, the business-wear business opened 29 stores and closed 7 stores, bringing the number of stores at period-end to 889. - FY2017-Q3AdvancedAnnual report
「The Company steadily opened stores, including 13 “洋服の青山” stores (including 4 relocations), 2 “ザ・スーツカンパニー” stores, 6 new-format women’s specialty stores under the “ホワイト ザ・スーツカンパニー” brand and 2 custom-order stores under the “ユニバーサル ランゲージ メジャーズ” brand, while」
From April through December, the business-wear business opened 23 stores and closed 5 stores, bringing the number of stores at the end of December to 888. - FY2017-Q2AdvancedAnnual report
「With regard to the business-wear business of AOYAMA TRADING Co.,Ltd., the core division of this business, the Company steadily opened stores, including 4 “洋服の青山” stores, 2 stores each under the new-format women’s specialty store brand “ホワイト ザ・スーツカンパニー” and the custom-order store brand “ユニバーサル ランゲージ メジャーズ”, while」
From April through September, the Company opened a total of 9 stores and closed 4 stores. The number of business-wear stores at the end of September 2016 was 878. - FY2017-Q1AdvancedAnnual report
「The Company steadily opened stores, including 1 store each under the “洋服の青山” and new-format women’s specialty store “ホワイト ザ・スーツカンパニー” brands, and 1 custom-order store under the “ユニバーサル ランゲージ メジャーズ” brand, while」
In the first quarter, the business-wear business opened 3 stores and closed 4. The number of stores at the end of June was 873, and the store-opening initiative is continuing. - FY2016First statedAnnual report
「The Company aims to expand market share by steadily opening and relocating stores, primarily in shopping centres.」
The Company’s strategy is to expand market share through store openings and relocations, primarily in shopping centres. During the period, the business-wear business opened 34 stores, bringing the number of stores at period-end to 874.