Lower revenue and profit in the general merchandise retail business for the second quarter of the fiscal year ending March 2020
First written in FY2020-Q2. . Latest entry: FY2026-H1.
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- FY2026-H1Interim-period general merchandise retailing business results updatedAnnual report
「For this business, revenue was ¥7,770 million (101.0% of the year-earlier level) and segment profit (operating profit) was ¥92 million (47.9%), as sales at existing stores remained at about the previous year's level while costs related to store renovations increased.」
The general merchandise retail business posted higher revenue, while operating profit declined from ¥193 million in the year-earlier period to ¥92 million due mainly to higher store renovation costs. - FY2025Full-year general merchandise retail business results updatedAnnual report
「For this business, revenue was ¥15,113 million (99.2% of the previous fiscal year) and segment profit (operating profit) was ¥141 million (57.6%), as sales at existing stores exceeded the previous fiscal year but store closures and higher costs weighed on results.」
The general merchandise retail business posted lower revenue and profit as store closures and higher costs outweighed higher sales at existing stores than in the previous fiscal year. - FY2025-H1Interim-period general merchandise retailing business results updatedAnnual report
「For this business, revenue was ¥7,694 million (99.7% of the year-earlier level) and segment profit (operating profit) was ¥193 million (113.0%), as lower revenue from the closure of unprofitable stores was more than offset by progress in structural reforms, including personnel cost reductions.」
The general merchandise retail business posted lower revenue due to the closure of unprofitable stores, while operating profit improved to 113.0% of the year-earlier level through structural reforms, including personnel cost reductions. The number of stores at the end of August was 101. - FY2024Full-year general merchandise retail business results updatedAnnual report
「For this business, revenue was ¥15,232 million (96.8% of the previous fiscal year) and segment profit (operating profit) was ¥245 million (105.4%), reflecting the closure of unprofitable stores and efforts to use expenses more efficiently.」
The general merchandise retail business posted lower revenue, while operating profit improved to 105.4% of the previous fiscal year due to the closure of unprofitable stores and more efficient expenses. The number of stores at the end of February 2024 was 102. - FY2024-Q3Third-quarter general merchandise retailing business results updatedAnnual report
「For this business, revenue was ¥11,424 million (96.3% of the year-earlier level) and segment profit (operating profit) was ¥215 million (104.7%), due mainly to the closure of unprofitable stores and efforts to use expenses more efficiently.」
The general merchandise retail business posted lower revenue due to the closure of unprofitable stores and more efficient expenses, while operating profit improved to 104.7% of the year-earlier level. The number of stores at the end of November was 103. - FY2024-Q2Second-quarter general merchandise retail business results updatedAnnual report
「For this business, revenue was ¥7,721 million (96.2% of the year-earlier level) and segment profit (operating profit) was ¥171 million (95.0%), due mainly to the closure of unprofitable stores and a decline in the gross profit margin resulting from higher purchase costs.」
The general merchandise retail business posted lower revenue and profit due to the closure of unprofitable stores and a decline in the gross profit margin resulting from higher purchase costs. The number of stores at the end of August was 109. - FY2024-Q1First-quarter general merchandise retailing business results updatedAnnual report
「For this business, revenue was ¥3,914 million (94.6% of the year-earlier level) and segment profit (operating profit) was ¥124 million (90.5%), due mainly to poor sales at existing stores resulting from the opening of competing stores.」
The general merchandise retail business posted lower revenue and profit due to poor sales at existing stores resulting from the opening of competing stores. - FY2023-Q3Third-quarter general merchandise retailing business results updatedAnnual report
「In this business, revenue was ¥11,863 million (97.5% year on year) and segment profit (operating profit) was ¥205 million (46.2% year on year), owing in part to a decline in stay-at-home demand following the easing of restrictions on activities, as well as higher utilities and cashless payment fees.」
The general merchandise retail business posted lower revenue and profit due to declining stay-at-home demand and higher utility and cashless payment processing costs, with operating profit falling to 46.2% of the year-earlier level. - FY2023-Q1First-quarter general merchandise retailing business results updatedAnnual report
「In this business, revenue was broadly in line with the same period of the previous year, but revenue was ¥4,137 million (99.2% year on year) and segment profit (operating profit) was ¥137 million (55.6% year on year), owing in part to higher expenses, including utilities and cashless payment fees.」
Revenue in the general merchandise retailing business was broadly in line with the same period of the previous year, while operating profit declined due to higher expenses, including utilities and cashless payment fees. - FY2022-Q3Third-Quarter Results UpdateAnnual report
「While the average spend per customer increased due to a higher proportion of products priced at ¥150 or more (¥150–¥500), revenue was ¥12,170 million (compared with ¥12,467 million in the same period of the previous year) and segment profit (operating profit) was ¥445 million (compared with segment profit (operating profit) of ¥670 million in the same period of the previous year), owing to a decrease in customer numbers resulting from the impact of COVID-19.」
The average spend per customer increased due to a higher proportion of products priced at ¥150–¥500, but the general merchandise retailing business reported lower revenue and profit due to a decline in customer numbers resulting from the impact of the pandemic. - FY2022-Q2Second-Quarter Results UpdateAnnual report
「While the average spend per customer increased due to a higher proportion of products priced at ¥150 or more (¥150–¥500), revenue was ¥8,247 million (compared with ¥8,590 million in the same period of the previous year) and segment profit (operating profit) was ¥356 million (compared with segment profit (operating profit) of ¥511 million in the same period of the previous year), owing to a decrease in customer numbers resulting from the impact of COVID-19.」
The general merchandise retailing business reported lower revenue and profit as the average spend per customer increased due to a higher proportion of higher-priced products, while customer numbers declined due to the pandemic. The number of stores at the end of August 2021 was 111. - FY2022-Q1First-Quarter Results UpdateAnnual report
「While the average spend per customer increased due to a higher proportion of products priced at ¥150 or more (¥150–¥500), revenue was ¥4,169 million (compared with ¥4,488 million in the same period of the previous year) and segment profit (operating profit) was ¥246 million (compared with ¥337 million in the same period of the previous year), owing to a decrease in customer numbers resulting from the impact of COVID-19.」
The general merchandise retailing business reported lower revenue and profit: the average spend per customer increased due to a higher proportion of higher-priced products, but customer numbers declined due to the impact of the pandemic. - FY2021-Q1First-Quarter Results UpdateAnnual report
「In this business, revenue was ¥4,488 million (113.6% year on year), and segment profit (operating profit) was ¥337 million (153.0% year on year), owing in part to an increase in customer numbers, mainly due to purchases of sanitary products and daily necessities.」
The general merchandise retailing business saw an increase in customer numbers, mainly due to purchases of sanitary products and daily necessities, and both revenue and operating profit exceeded the previous year's levels. - FY2020-Q3Third-Quarter Results UpdateAnnual report
「In this business, revenue was ¥11,569 million (96.8% year on year), owing in part to store closures, while segment profit (operating profit) was ¥446 million (88.5% year on year). The number of stores at the end of November 2019 was 113, compared with 116 at the end of November 2018.」
The general merchandise retailing business reported lower revenue due to store closures, and operating profit also declined to 88.5% of the previous year's level. The number of stores at the end of November 2019 was 113. - FY2020-Q2First statedAnnual report
「In this business, revenue was ¥7,772 million (97.0% year on year), owing in part to store closures, while segment profit (operating profit) was ¥347 million (97.3% year on year), owing in part to higher expenses, including personnel costs.」
The general merchandise retailing business reported lower revenue due to store closures and operating profit of ¥347 million, down to 97.3% of the previous year's level, partly because of higher personnel and other expenses.