End of operations at the Takaoka store and concentration of management resources on the Korinbo and Toyama stores
First written in FY2019. 5 of 11 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2018: 4 of 36 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Going forward, the company will concentrate its management resources on the department-store business and work to establish a stable earnings base for the company group.」
The company continues to emphasize concentrating management resources on the department-store business and establishing a stable earnings base. The transfer of the hotel subsidiary will be tracked in a separate thread. - FY2026AdvancedAnnual report
「㈱大和 Kanazawa, Ishikawa Prefecture Department store business Renovation of sales floors and facilities Planned investment: ¥450 million Internal funds Start: March 2026 Completion: February 2027」
The company plans to renovate the sales floors and facilities of its department store business, centred on the Korinbo and Toyama stores, from March 2026 to February 2027, using ¥450 million in internal funds. - FY2025RestatedAnnual report
「As a corporate group, in its core department store business, the company seeks to understand customers' increasingly diverse and individualised needs and strives to conduct well-balanced operations combining high-quality, specialised products with everyday goods」
The company continues to pursue the strengthening of the earnings base of the Korinbo and Toyama stores, centred on a combination of premium and everyday products and on product and event development. - FY2024RestatedAnnual report
「• Integration of planning at the Korinbo and Toyama stores and expansion of sales opportunities through integrated operations」
The company continues to pursue integrated operations at the Korinbo and Toyama stores following the Takaoka store's closure and to expand sales opportunities by integrating the planning functions of both stores. - FY2024-Q1RestatedAnnual report
「Going forward, the Company will continue to strengthen initiatives involving "new products and planning" through integrated operation of the Korinbo and Toyama stores, and advance "products found only at 大和" and "initiatives only 大和 can deliver," while working to further deepen relationships with priority customer segments and acquire next-generation customers.」
The company continues to pursue integrated operations at the Korinbo and Toyama stores following the Takaoka store's closure, with a focus on strengthening the earnings base of both stores. - FY2020RestatedAnnual report
「During this period, in its core department store business, the Group ended operations at its Takaoka store in August of the previous year to fundamentally improve its earnings structure, concentrated management resources at its Korinbo and Toyama stores, and worked to improve earnings power while also improving management efficiency across the Group and business performance.」
Even after the Takaoka store's closure, the company continues to identify concentrating management resources on the Korinbo and Toyama stores and improving earnings power as ongoing issues. - FY2020-Q2AchievedAnnual report
「Because the store was closed, the asset group recognized an impairment loss on the ¥26.8 million carrying amount at the time of closure, as recovery was not expected.」
The Takaoka store has now closed, and an impairment loss of ¥26.8 million was recognized on its carrying amount in connection with the closure. Concentrating management resources on the Korinbo and Toyama stores remains an ongoing issue. - FY2020-Q1AdvancedAnnual report
「The company decided to close the Takaoka store on 25 August this year. Going forward, it will concentrate management resources on the Korinbo and Toyama stores and work to establish a stable earnings base for the future.」
The company confirmed 25 August 2019 as the Takaoka store's closing date and specified plans to establish a stable earnings base by concentrating management resources on the Korinbo and Toyama stores. - FY2019First statedAnnual report
「Accordingly, in order to fundamentally improve its earnings structure, the company decided to close the Takaoka store and concentrate management resources on the Korinbo and Toyama stores, which have shifted to a revenue growth trend, while working to establish a stable earnings base for the future and lay the foundation for its next growth strategy. (3) Closure date 25 August 2019 (Sunday) (予定)」
The company newly disclosed its policy of closing the Takaoka store on 25 August 2019 and fundamentally improving its earnings structure by concentrating management resources on the Korinbo and Toyama stores.