Expansion of the general merchandise and interior business through the acquisition of WTW as a wholly owned subsidiary
First written in FY2017-Q1. 3 of 15 entries say "Restated". Latest entry: FY2026.
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- FY2026AchievedAnnual report
「In the course of optimizing our business portfolio from the perspective of return on capital, we dissolved WTW Co., Ltd. effective 31 March 2026.」
WTW was dissolved on 31 March 2026 as part of the optimization of the business portfolio. - FY2025Full-year store count and business results updateAnnual report
「As of the end of March 2025, Double T had 8 stores.」
WTW had 8 stores as of the end of March 2025, while the other businesses generated net sales of ¥1,110 million and an operating loss of ¥284 million. - FY2024Ownership ratio and full-year store count updateAnnual report
「The Company acquired all shares of WTW, which operates home goods and interior stores, from BALS (now Francfranc), making it a consolidated subsidiary wholly funded by the Company. (The Company's ownership ratio became 80% in April 2023.)」
The Company's ownership ratio in WTW became 80% in April 2023. Double T had 6 stores as of the end of March 2024, and the other businesses recorded an operating loss of ¥254 million. - FY2024-Q3Third-quarter store count and results updateAnnual report
「As of the end of December 2023, Double T had 6 stores.」
Double T had 6 stores as of the end of December 2023. - FY2023Full-year store count and results updateAnnual report
「In the other businesses, net sales were ¥1,654 million, or 100.7% of the previous fiscal year, and the segment loss (operating loss) was ¥316 million, compared with a segment loss (operating loss) of ¥230 million in the previous fiscal year. As of the end of March 2023, Double T had 7 stores.」
The other businesses, including WTW, generated net sales of ¥1,654 million and an operating loss of ¥316 million, with the loss widening from the previous fiscal year. Double T ended the fiscal year with 7 stores. - FY2022Full-year store count and results updateAnnual report
「In the other businesses, net sales were ¥1,642 million, compared with ¥2,411 million in the previous fiscal year, and the segment loss (operating loss) was ¥230 million, compared with a segment loss (operating loss) of ¥418 million in the previous fiscal year. As of the end of March 2022, Double T had 7 stores.」
The other businesses, including WTW, generated full-year net sales of ¥1,642 million and an operating loss of ¥230 million, narrowing from ¥418 million in the previous year. Double T ended the fiscal year with 7 stores. - FY2019WorsenedAnnual report
「In addition, because the business assets of WTW and the goodwill recorded when its shares were acquired deviated from the business plan at the time of the acquisition and were not expected to be recoverable, we recorded an impairment loss of ¥1,051 million as an extraordinary loss.」
Due to the divergence from WTW's business plan, the Company recorded an impairment loss of ¥1,051 million on its business assets and goodwill combined. - FY2018-Q2AdvancedAnnual report
「In the other businesses, we opened 1 Second Street store, 3 Yakiniku King stores, 2 Yuzu-an stores and 1 Double T store, among other developments.」
Opened 1 Double T store in WTW's home goods and interior business and continued expanding the business after making WTW a wholly owned subsidiary. - FY2017RestatedAnnual report
「We believe this will contribute to the future profits of the Group by combining WTW's strong brand and product development capabilities in home goods and interior retail with the Company's store development capabilities and apparel retail expertise, thereby further expanding WTW's business.」
Reiterates the policy of expanding the business by combining WTW's brand and product development capabilities with the Company's store development capabilities and apparel retail expertise. - FY2017-Q3RestatedAnnual report
「On 1 April 2016, the Company acquired all shares of WTW, which operates home goods and interior stores, from BALS, making WTW a wholly owned subsidiary. We believe this will contribute to the future profits of the Group by combining WTW's strong brand and product development capabilities in home goods and interior retail with the Company's store development capabilities and apparel retail expertise, thereby further expanding WTW's business.」
Reiterates the policy of expanding the business by making WTW a wholly owned subsidiary on 1 April 2016 and combining the brand, product development and store development capabilities of both companies. - FY2017-Q2RestatedAnnual report
「On 1 April 2016, the Company acquired all shares of WTW, which operates home goods and interior stores, from BALS, making WTW a wholly owned subsidiary. We believe this will contribute to the future profits of the Group by combining WTW's strong brand and product development capabilities in home goods and interior retail with the Company's store development capabilities and apparel retail expertise, thereby further expanding WTW's business.」
Reiterates the policy of making WTW a wholly owned subsidiary and combining its brand and product development capabilities with the Company's store development capabilities and other strengths. As of the end of September, WTW operated 5 stores. - FY2017-Q1First statedAnnual report
「On 1 April 2016, the Company acquired all shares of WTW, which operates home goods and interior stores, from BALS, making WTW a wholly owned subsidiary. We believe this will contribute to the future profits of the Group by combining WTW's strong brand and product development capabilities in home goods and interior retail with the Company's store development capabilities and apparel retail expertise, thereby further expanding WTW's business.」
On 1 April 2016, the Company acquired all shares of WTW and made it a wholly owned subsidiary. WTW operated 5 home goods and interior stores, and the Company aims to further expand the business by combining WTW's brand and product development capabilities with the Company's store development capabilities and apparel retail expertise.