Komori
Saikaya Department Store (8254) · TargetReframed

Maintaining Prior-Year Sales at the Yokosuka Store and Improving Profitability

First written in FY2019. 2 of 4 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020-Q1 – FY2020-Q22019: 320192020: 12020
Same theme, other companies
Store Network and Earnings Structure Reform through Closure of Unprofitable StoresA theme 57 companies write about · 1 as a headwind · 58 as a tailwind

Saikaya Department Store moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2018: 4 of 36 companies on the "Worse" side.

1 other company's latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 57 companies compared. The sentences above are computed from all 57.
Full recordFilings, disclosures and news, newest first
  1. FY2020ReframedAnnual report

    「Regarding the closure of the Yokosuka Store, sales had continued to decline, and the store had been persistently unprofitable since the fiscal year ending February 2017.」

    The policy has shifted from maintaining the Yokosuka Store's previous-year sales and improving profitability to restructuring the business through closure.
  2. FY2020-Q2AdvancedAnnual report

    「At the Fujisawa and Yokosuka Stores, the number of customers entering the stores was roughly in line with the previous year in the second quarter, following the first quarter. The downward trend in customer traffic has been eliminated, and we will increase customer traffic through further initiatives to attract customers.」

    The number of customers entering the stores, including the Yokosuka Store, was roughly in line with the previous year, indicating that the previous downward trend had been eliminated.
  3. FY2020-Q1AdvancedAnnual report

    「At the Yokosuka Store as well, the year-on-year decline in sales improved for 3 consecutive months from March 2019, while the number of customers entering the store exceeded the previous year's results for 2 consecutive months in April and May 2019.」

    At the Yokosuka Store, the year-on-year decline in sales improved for 3 consecutive months, and the number of customers entering the store exceeded the previous year's results for 2 consecutive months in April and May.
  4. FY2019First statedAnnual report

    「Through these measures, we will halt the downward trend in sales and secure stable sales.」

    The company has set a target of maintaining the previous year's sales and improving store profitability at the Yokosuka Store through measures including a sales-floor renovation, an external sales salon, and the establishment of new Food and Web Planning groups.
Moved together

"Opening New Shops and Expanding Sales-Floor Space" moved the same way as this thread, in the same document, in 2 of its 4 moves.

222222★123456
  1. ★This thread
  2. 1Opening New Shops and Expanding Sales-Floor Space2×
  3. 2Earnings Structure Reform Led by the Structural Reform Promotion Department2×
  4. 3Partial realization of the Fujisawa store remodel effects and shortfall for the store as a whole2×
  5. 4¥240 million reduction in fixed costs2×
  6. 5Establishment of the Web Planning Group and Expansion of E-Commerce Site Sales2×
  7. 6Strengthening Product Sourcing and Sales Capabilities2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Saikaya Department Store's next results are scheduled for 2026-10-15. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.