Failure to meet sales targets and recording of an operating loss
First written in FY2017-Q1. . Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 28 of 87 companies on the "Worse" side.
50 other companies' latest entry also says "Other".
- FY2027-H1Interim Performance UpdatedAnnual report
「As a result, the consolidated results for the current interim consolidated accounting period of the group were net sales of ¥2,371 million (100.5% of the previous year), operating income of ¥58 million (97.8% of the previous year), and ordinary income of ¥31 million (30.2% of the previous year).」
The current interim consolidated accounting period recorded net sales of ¥2,371 million, operating income of ¥58 million, and ordinary income of ¥31 million. - FY2025Update to Full-Year ResultsAnnual report
「For the current consolidated fiscal year, consolidated net sales were ¥4,632 million (93.6% of the previous 12-month period, 1 September 2023 to 31 August 2024), operating income was ¥114 million (103.8% of the previous 12-month period), ordinary income was ¥135 million (135.0% of the previous 12-month period), and net income attributable to owners of the parent was ¥110 million (151.7% of the previous 12-month period), achieving full-year profitability for the third consecutive fiscal year.」
The full-year results were updated to net sales of ¥4,632 million, operating income of ¥114 million, ordinary income of ¥135 million, and net income attributable to owners of the parent of ¥110 million. - FY2026-H1Interim Performance UpdatedAnnual report
「As a result, for the current interim consolidated accounting period, net sales were ¥2,360 million (89.3% of the previous year), operating income was ¥59 million (89.6% of the previous year), and ordinary income was ¥103 million (178.5% of the previous year).」
Interim consolidated results were net sales of ¥2,360 million, operating income of ¥59 million, and ordinary income of ¥103 million. Interim net income was ¥99 million. - FY2024Update to Full-Year ResultsAnnual report
「As a result, consolidated net sales for the current consolidated fiscal year were ¥49.5 million (95.1% of the previous 12-month period, 1 September 2022 to 31 August 2023), operating income was ¥110 million (76.7% of the previous 12-month period), ordinary income was ¥100 million (75.9% of the previous 12-month period), and net income attributable to owners of the parent was ¥72 million (an improvement of ¥62 million from the previous 12-month period), achieving full-year profitability for the second consecutive fiscal year.」
The full-year results were updated to net sales of ¥4,950.143 million, operating income of ¥110.544 million, ordinary income of ¥100.422 million, and net income attributable to owners of the parent of ¥72.701 million. - FY2024-Q4Update to cumulative second-quarter resultsAnnual report
「For the cumulative second quarter of the current consolidated fiscal year, net sales were ¥2,641 million (¥2,817 million in the same quarter of the previous year), operating income was ¥66 million (¥45 million in the same quarter of the previous year), ordinary income was ¥58 million (¥38 million in the same quarter of the previous year), and quarterly net income attributable to owners of the parent was ¥48 million (a quarterly net loss attributable to owners of the parent of ¥84 million in the same quarter of the previous year).」
Cumulative second-quarter net sales were below the previous year, while operating income and ordinary income increased, and quarterly net income attributable to owners of the parent turned positive from a loss. - FY2024-Q3Update to first-quarter resultsAnnual report
「As a result, for the cumulative first quarter of the current consolidated fiscal year, net sales were ¥1,222 million (¥1,191 million in the same quarter of the previous year), operating loss was ¥5 million (an operating loss of ¥66 million in the same quarter of the previous year), ordinary loss was ¥9 million (an ordinary loss of ¥71 million in the same quarter of the previous year), and the quarterly net loss attributable to owners of the parent was ¥17 million (a quarterly net loss attributable to owners of the parent of ¥73 million in the same quarter of the previous year).」
First-quarter net sales were ¥1,222 million, exceeding the same period of the previous year. The operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed from the previous year, but the company remained in the red. - FY2023Update to Full-Year ResultsAnnual report
「Net sales were ¥5,204 million (109.9% of the previous 12-month period), operating income was ¥144 million (an improvement of ¥343 million from the previous 12-month period), ordinary income was ¥132 million (an improvement of ¥358 million from the previous 12-month period), and net income attributable to owners of the parent was ¥9 million (an improvement of ¥280 million from the previous 12-month period), resulting in a return to full-year profitability.」
The full-year results were updated to net sales of ¥5,204 million, operating income of ¥144 million, ordinary income of ¥132 million, and net income attributable to owners of the parent of ¥9 million, achieving full-year profitability. - FY2024-Q1Update to cumulative third-quarter resultsAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, net sales were ¥3,962 million, operating income was ¥54 million, ordinary income was ¥44 million, and the quarterly net loss attributable to owners of the parent was ¥82 million.」
The cumulative third-quarter results were net sales of ¥3,962 million, operating income of ¥54 million, ordinary income of ¥44 million, and a quarterly net loss attributable to owners of the parent of ¥82 million. - FY2023-Q4Update to cumulative second-quarter resultsAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, net sales were ¥2,817 million (¥2,416 million in the same quarter of the previous year), operating income was ¥45 million (an operating loss of ¥42 million in the same quarter of the previous year), ordinary income was ¥38 million (an ordinary loss of ¥52 million in the same quarter of the previous year), and the quarterly net loss attributable to owners of the parent was ¥84 million (a quarterly net loss attributable to owners of the parent of ¥55 million in the same quarter of the previous year).」
Cumulative second-quarter net sales were ¥2,817 million, operating income was ¥45 million, ordinary income was ¥38 million, and the quarterly net loss attributable to owners of the parent was ¥84 million. Operating and ordinary income turned positive from losses in the same period of the previous year, while the net loss continued. - FY2023-Q3Update to first-quarter resultsAnnual report
「As a result, cumulative first-quarter sales were ¥1,191 million (compared with ¥1,236 million in the same quarter of the previous year), operating loss was ¥66 million (compared with operating profit of ¥20 million), ordinary loss was ¥71 million (compared with ordinary profit of ¥14 million), and net loss attributable to owners of the parent was ¥73 million (compared with net income attributable to owners of the parent of ¥12 million).」
The new cumulative first-quarter results show net sales of ¥1,191 million, an operating loss of ¥66 million, an ordinary loss of ¥71 million, and a quarterly net loss attributable to owners of the parent of ¥73 million. - FY2023-Q1Update to first-quarter resultsAnnual report
「As a result, cumulative first-quarter sales were ¥1,236 million (compared with ¥3,366 million in the same quarter of the previous year), operating profit was ¥20 million (compared with operating loss of ¥101 million), ordinary profit was ¥14 million (compared with ordinary loss of ¥154 million), and net income attributable to owners of the parent was ¥12 million (compared with net loss attributable to owners of the parent of ¥155 million).」
Cumulative first-quarter sales were ¥1,236 million, operating profit was ¥20 million, ordinary profit was ¥14 million, and net income attributable to owners of the parent was ¥12 million, turning profitable from the losses recorded in the same period of the previous year. Sales were affected by the revenue recognition accounting standard. - FY2022Full-year results for the six-month fiscal period updatedAnnual report
「For the six-month consolidated fiscal year, sales were ¥2,416 million (compared with ¥13,814 million in the previous consolidated fiscal year), operating loss was ¥42 million (compared with operating loss of ¥348 million), ordinary loss was ¥52 million (compared with ordinary loss of ¥464 million), and net loss attributable to owners of the parent was ¥55 million (compared with net loss attributable to owners of the parent of ¥509 million).」
The filing reports full-year results for the six-month fiscal period following the change in the fiscal year-end: sales were ¥2,416 million, operating loss was ¥42 million, ordinary loss was ¥52 million, and net loss attributable to owners of the parent was ¥55 million. - FY2022Update to Full-Year ResultsAnnual report
「For the consolidated fiscal year, sales were ¥13,814 million (92.1% of the previous consolidated fiscal year), operating loss was ¥348 million (compared with operating loss of ¥639 million), ordinary loss was ¥464 million (compared with ordinary loss of ¥732 million), and net loss attributable to owners of the parent was ¥509 million (compared with net loss attributable to owners of the parent of ¥846 million).」
Full-year results were updated: sales were ¥13,814 million, operating loss was ¥348 million, ordinary loss was ¥464 million, and net loss attributable to owners of the parent was ¥509 million. The loss narrowed from the previous fiscal year, but the company remained in the red. - FY2022-Q3Update to cumulative third-quarter resultsAnnual report
「For the cumulative third quarter, sales were ¥10,070 million, a decline of ¥565 million from the same period of the previous year; operating loss was ¥295 million (compared with operating loss of ¥536 million); ordinary loss was ¥400 million (compared with ordinary loss of ¥594 million); and net loss attributable to owners of the parent was ¥405 million (compared with net loss attributable to owners of the parent of ¥660 million).」
The update covers cumulative third-quarter sales, operating loss, ordinary loss, and net loss attributable to owners of the parent. Sales were below the same period of the previous year, but all losses narrowed. - FY2022-Q2Update to cumulative second-quarter resultsAnnual report
「For the cumulative second quarter, sales were ¥6,572 million, an increase of ¥50 million from the same period of the previous year; operating loss was ¥218 million (compared with operating loss of ¥439 million); ordinary loss was ¥318 million (compared with ordinary loss of ¥466 million); and net loss attributable to owners of the parent was ¥321 million (compared with net loss attributable to owners of the parent of ¥531 million).」
Cumulative second-quarter sales were ¥6,572 million, an increase of ¥50 million year on year. Operating loss was ¥218 million, ordinary loss was ¥318 million, and net loss attributable to owners of the parent was ¥321 million. - FY2022-Q1Update to first-quarter resultsAnnual report
「As a result, cumulative first-quarter sales were ¥3,366 million, an increase of ¥729 million from the same quarter of the previous year; operating loss was ¥101 million (compared with operating loss of ¥343 million); ordinary loss was ¥154 million (compared with ordinary loss of ¥374 million); and net loss attributable to owners of the parent was ¥155 million (compared with net loss attributable to owners of the parent of ¥376 million).」
First-quarter sales were ¥3,366 million, an increase year on year. Operating loss, ordinary loss, and net loss attributable to owners of the parent all narrowed from the same period of the previous year. - FY2021Update to Full-Year ResultsAnnual report
「For the consolidated fiscal year, sales were ¥15,002 million (81.4% of the previous consolidated fiscal year), operating loss was ¥639 million (compared with operating loss of ¥18 million), ordinary loss was ¥732 million (compared with ordinary loss of ¥130 million), and net loss attributable to owners of the parent was ¥837 million (compared with net loss attributable to owners of the parent of ¥130 million).」
Full-year results were updated: sales were ¥15,002 million, operating loss was ¥639 million, ordinary loss was ¥732 million, and net loss attributable to owners of the parent was ¥837 million. - FY2021-Q3Update to cumulative third-quarter resultsAnnual report
「As a result, cumulative third-quarter sales were ¥10,636 million, a decline of ¥3,039 million from the same period of the previous year; operating loss was ¥536 million (compared with operating profit of ¥0 million); ordinary loss was ¥594 million (compared with ordinary loss of ¥95 million); and net loss attributable to owners of the parent was ¥654 million (compared with net loss attributable to owners of the parent of ¥96 million).」
The update covers cumulative third-quarter results: sales were ¥10,636 million, operating loss was ¥536 million, ordinary loss was ¥594 million, and net loss attributable to owners of the parent was ¥654 million. - FY2021-Q2Update to cumulative second-quarter resultsAnnual report
「As a result, cumulative second-quarter sales were ¥6,521 million, a decline of ¥2,655 million from the same period of the previous year; operating loss was ¥439 million (compared with operating loss of ¥1 million); ordinary loss was ¥466 million (compared with ordinary loss of ¥65 million); and net loss attributable to owners of the parent was ¥528 million (compared with net loss attributable to owners of the parent of ¥66 million).」
Cumulative second-quarter sales were ¥6,521 million, operating loss was ¥439 million, ordinary loss was ¥466 million, and net loss attributable to owners of the parent was ¥528 million. - FY2021-Q1Update to first-quarter resultsAnnual report
「As a result, cumulative first-quarter sales were ¥2,636 million, a decline of ¥2,079 million from the same quarter of the previous year; operating loss was ¥343 million (compared with operating profit of ¥56 million); ordinary loss was ¥374 million (compared with ordinary profit of ¥21 million); and net loss attributable to owners of the parent was ¥373 million (compared with net income attributable to owners of the parent of ¥20 million).」
First-quarter sales were ¥2,636 million, with operating loss of ¥343 million, ordinary loss of ¥374 million, and net loss attributable to owners of the parent of ¥373 million. - FY2020Update to Full-Year ResultsAnnual report
「For the consolidated fiscal year, sales were ¥18,431 million (95.1% of the previous consolidated fiscal year), operating loss was ¥18 million (compared with operating loss of ¥34 million), ordinary loss was ¥130 million (compared with ordinary loss of ¥157 million), and net loss attributable to owners of the parent was ¥130 million (compared with net loss attributable to owners of the parent of ¥145 million).」
Full-year results were updated: sales were ¥18,431 million, operating loss was ¥18 million, ordinary loss was ¥130 million, and net loss attributable to owners of the parent was ¥130 million. - FY2020-Q3Update to cumulative third-quarter resultsAnnual report
「As a result, cumulative third-quarter sales were ¥13,675 million, a decline of ¥679 million from the same period of the previous year; operating profit was ¥0 million (compared with operating loss of ¥38 million); ordinary loss was ¥95 million, an improvement of ¥37 million; and net loss attributable to owners of the parent was ¥96 million, an improvement of ¥22 million.」
Cumulative third-quarter sales were ¥13,675 million, operating profit was ¥0 million, ordinary loss was ¥95 million, and net loss attributable to owners of the parent was ¥96 million. Sales were below the same period of the previous year, but profit and loss improved. - FY2020-Q2Update to cumulative second-quarter resultsAnnual report
「As a result, cumulative second-quarter sales were ¥9,176 million, a decline of ¥442 million from the same period of the previous year; operating loss was ¥1 million (compared with operating loss of ¥20 million); ordinary loss was ¥65 million (compared with ordinary loss of ¥88 million); and net loss attributable to owners of the parent was ¥66 million (compared with net loss attributable to owners of the parent of ¥98 million).」
Cumulative second-quarter sales were ¥9,176 million, operating loss was ¥1 million, ordinary loss was ¥65 million, and net loss attributable to owners of the parent was ¥66 million. Sales and all losses improved from the same period of the previous year, although an operating loss continued. - FY2020-Q1Update to first-quarter resultsAnnual report
「As a result, cumulative first-quarter sales were ¥4,716 million, a decline of ¥72 million from the same quarter of the previous year; operating profit was ¥56 million, an increase of ¥42 million; ordinary profit was ¥21 million (compared with ordinary loss of ¥22 million); and net income attributable to owners of the parent was ¥20 million (compared with net loss attributable to owners of the parent of ¥31 million).」
First-quarter results were updated: sales declined by ¥72 million year on year, while operating profit was ¥56 million, ordinary profit was ¥21 million, and net income attributable to owners of the parent was ¥20 million. - FY2019Update to Full-Year ResultsAnnual report
「For the consolidated fiscal year, sales were ¥19,384 million (97.6% of the previous consolidated fiscal year), operating loss was ¥34 million (compared with operating loss of ¥13 million), ordinary loss was ¥157 million (compared with ordinary loss of ¥124 million), and net loss attributable to owners of the parent was ¥145 million (compared with net loss attributable to owners of the parent of ¥125 million).」
Full-year results were updated: sales were ¥19,384 million, operating loss was ¥34 million, ordinary loss was ¥157 million, and net loss attributable to owners of the parent was ¥145 million. - FY2019-Q3Update to cumulative third-quarter resultsAnnual report
「For the cumulative third quarter, we implemented the measures described above but were unable to offset the shortfall in planned sales revenue across the company. Sales were ¥14,355 million (97.9% of the same period of the previous year), operating loss was ¥38 million (compared with operating loss of ¥5 million), ordinary loss was ¥133 million (compared with ordinary loss of ¥86 million), and net loss attributable to owners of the parent was ¥118 million (compared with net loss attributable to owners of the parent of ¥88 million).」
Cumulative third-quarter sales were ¥14,355 million, operating loss was ¥38 million, ordinary loss was ¥133 million, and net loss attributable to owners of the parent was ¥118 million. Sales revenue fell short of plan. - FY2019-Q2Update to cumulative second-quarter resultsAnnual report
「For the cumulative second quarter, we implemented the measures described above but were unable to offset the shortfall in planned sales revenue. Sales were ¥9,619 million (97.5% of the same period of the previous year), operating loss was ¥20 million (compared with operating loss of ¥6 million), ordinary loss was ¥88 million (compared with ordinary loss of ¥64 million), and net loss attributable to owners of the parent was ¥98 million (compared with net loss attributable to owners of the parent of ¥67 million), below the initial forecast.」
Cumulative second-quarter sales were ¥9,619 million, operating loss was ¥20 million, ordinary loss was ¥88 million, and net loss attributable to owners of the parent was ¥98 million, below the initial forecast. - FY2019-Q1Update to first-quarter resultsAnnual report
「For the cumulative first quarter, sales were ¥4,789 million (96.8% of the same quarter of the previous year), operating profit was ¥13 million (78.3%), ordinary loss was ¥22 million (compared with ordinary loss of ¥12 million), and net loss attributable to owners of the parent was ¥31 million (compared with net loss attributable to owners of the parent of ¥14 million), due to the impact of the reopening of neighboring commercial facilities, closing sales associated with renovations at a nearby department store, and renovation work for a new shop scheduled to open in June.」
First-quarter sales were ¥4,789 million, operating profit was ¥13 million, ordinary loss was ¥22 million, and net loss attributable to owners of the parent was ¥31 million. - FY2018Update to Full-Year ResultsAnnual report
「Sales were ¥19,855 million (94.3% of the previous consolidated fiscal year), operating loss was ¥13 million (compared with operating loss of ¥105 million in the previous consolidated fiscal year), ordinary loss was ¥124 million (compared with ordinary loss of ¥202 million), and net loss attributable to owners of the parent was ¥125 million (compared with net loss attributable to owners of the parent of ¥185 million).」
The update covers full-year results: sales were ¥19,855 million, operating loss was ¥13 million, ordinary loss was ¥124 million, and net loss attributable to owners of the parent was ¥125 million. - FY2018-Q3Update to cumulative third-quarter resultsAnnual report
「Although we actively implemented the measures described above and some effects have begun to emerge, consolidated results for the cumulative third quarter were sales of ¥14,662 million (93.9% of the same period of the previous year), operating loss of ¥5 million (compared with an operating loss of ¥2 million), ordinary loss of ¥86 million (compared with ordinary loss of ¥62 million), and net loss attributable to owners of the parent of ¥88 million (compared with net loss attributable to owners of the parent of ¥29 million).」
The update covers cumulative third-quarter results: sales were ¥14,662 million, operating loss was ¥5 million, ordinary loss was ¥86 million, and net loss attributable to owners of the parent was ¥88 million. - FY2018-Q2Update to cumulative second-quarter resultsAnnual report
「Although we actively implemented the measures described above, consolidated results for the cumulative second quarter declined year on year in both revenue and profit. Sales were ¥9,867 million (93.1% of the same period of the previous year), operating loss was ¥6 million (compared with operating profit of ¥20 million), ordinary loss was ¥64 million (compared with ordinary loss of ¥31 million), and net loss attributable to owners of the parent was ¥67 million (compared with net income attributable to owners of the parent of ¥0 million).」
The update covers cumulative second-quarter sales, operating results, ordinary results, and net income or loss attributable to owners of the parent. - FY2018-Q1Update to first-quarter resultsAnnual report
「As a result of actively implementing the measures described above, sales were ¥4,946 million (92.9% of the same quarter of the previous year), operating profit was ¥17 million (compared with an operating loss of ¥9 million), ordinary loss was ¥12 million (compared with an ordinary loss of ¥49 million), and net loss attributable to owners of the parent was ¥14 million (compared with a net loss attributable to owners of the parent of ¥46 million), partly because the Fujisawa store reopened after renovations after the midpoint of the cumulative first quarter.」
First-quarter sales were ¥4,946 million, below the same period of the previous year, while operating results changed from a loss of ¥9 million in the previous year to profit of ¥17 million. The ordinary loss and net loss attributable to owners of the parent also narrowed. - FY2017Update to Full-Year ResultsAnnual report
「Sales were ¥21,060 million (79.6% of the previous consolidated fiscal year). As for profit, operating loss was ¥105 million (compared with operating profit of ¥394 million in the previous consolidated fiscal year), ordinary loss was ¥202 million (compared with ordinary profit of ¥329 million), and net loss attributable to owners of the parent was ¥185 million (compared with net loss attributable to owners of the parent of ¥4,578 million), partly due to the recognition of upfront costs for the remodeling described above and costs related to earthquake-resistance work at the Fujisawa store.」
The update changed from cumulative third-quarter results to full-year results: sales were ¥21,060 million, operating loss was ¥105 million, ordinary loss was ¥202 million, and net loss attributable to owners of the parent was ¥185 million. - FY2017-Q3Update to cumulative third-quarter resultsAnnual report
「Although we actively implemented the measures described above, consolidated results for the cumulative third quarter declined year on year in both revenue and profit due to the impact of costs recognized for earthquake-resistance work at the Fujisawa store and the closing sale held at the former Kawasaki store in the first quarter of the previous year. Sales were ¥15,610 million (76.1% of the previous-year period), operating loss was ¥2 million (compared with operating profit of ¥376 million in the same period of the previous year), ordinary loss was ¥62 million (compared with ordinary profit of ¥350 million), and net loss attributable to owners of the parent was ¥29 million (compared with net income attributable to owners of the parent of ¥337 million).」
For the cumulative third quarter, sales were ¥15,610 million, operating loss was ¥2 million, ordinary loss was ¥62 million, and net loss attributable to owners of the parent was ¥29 million. - FY2017-Q2Performance indicator updateAnnual report
「Although we actively implemented the measures described above, consolidated results for the cumulative second quarter declined year on year in both revenue and profit due to continued weakness in apparel, the impact of costs recognized for earthquake-resistance work at the Fujisawa store, and the fact that a closing sale was held at the former Kawasaki store in the first quarter of the previous year. Sales were ¥10,596 million (70.2% of the previous-year period), operating profit was ¥20 million (5.6%), ordinary loss was ¥31 million (compared with ordinary profit of ¥364 million in the same period of the previous year), and net income attributable to owners of the parent was ¥0 million (0.0% year on year).」
The performance update changed from an operating loss in the first quarter to operating profit of ¥20 million for the cumulative period, while results reflected lower revenue and profit year on year and the recognition of an ordinary loss. - FY2017-Q1First statedAnnual report
「Although we actively implemented the measures described above, sales for the cumulative first quarter fell short of the target due to weakness in apparel, our core product category. In addition, costs related to the earthquake-resistance work at the Fujisawa store, completed in March, were recognized, resulting, regrettably, in the recognition of an operating loss.」
The company itself explains that sales fell short of the target in the quarter and that it recognized an operating loss.