Early Return to Profitability and Establishment of a Stable Profit Model
First written in FY2018. 15 of 31 entries say "Advanced", first in FY2019. Latest entry: 2026-10-15.
0 other companies' latest entry also says "Achieved".
- FY2027-H1Cited as achievedAnnual report
「The group returned to profitability in the fiscal year ended August 2023 for the first time in 9 fiscal years and achieved a V-shaped recovery with profitability for 3 consecutive fiscal years through the fiscal year ended August 2025.」
The company cites its return to profitability for the first time in 9 fiscal years and 3 consecutive profitable fiscal years through the fiscal year ended August 2025 as past achievements. It also recorded operating profit of ¥58 million and ordinary profit of ¥31 million for the interim period under review. - FY2025AdvancedAnnual report
「The company recorded profitability for the third consecutive fiscal year as a result of fundamental reforms to its management structure. On the operating front, "Fashion Plaza Pasios" opened on 25 September 2024 on the third floor of the Yokosuka store, and "Food Supermarket Life" opened on 16 October 2024 in the basement of the Fujisawa store. In addition, the company acquired part of the restaurant area on the eighth floor of the Fujisawa store on 1 November 2024, "POMPADOR" opened on the first floor of the Fujisawa store on 23 May 2025, and "Locust Off-Price Shop" opened on the third floor of the Yokosuka store on 18 July 2025. These measures helped attract new customers and further increased recurring tenant rental income.」
The company continued its fundamental reforms to its management structure and recorded profitability for the third consecutive fiscal year. Stable profitability and increased earnings through store and tenant initiatives and the real estate business remain ongoing targets. - FY2026-H1AdvancedAnnual report
「The company achieved profitability for the second consecutive fiscal year through the expansion of company-operated shops and the attraction of large tenants. In addition, from the interim consolidated accounting period of the fiscal year ending August 2025, it launched a real estate business, including apartment operations, and added a new performance management segment to pursue further business expansion.」
The company confirmed that it achieved profitability for the second consecutive fiscal year through the expansion of company-operated shops and the attraction of large tenants, and that it had also launched a real estate business. For the interim consolidated accounting period, operating profit was ¥59 million, ordinary profit was ¥103 million, and interim net income was ¥99 million. - FY2024AdvancedAnnual report
「As a result of pursuing fundamental reforms to its management structure, the company achieved profitability for the second consecutive fiscal year. However, the reforms are still under way, and the company believes that further progress is necessary to establish a sustained profitable business.」
While achieving full-year profitability for the second consecutive fiscal year following its return to profitability for the first time in 9 fiscal years, the company indicated that it would continue its reforms to establish a sustained profitable business. - FY2025-Q1AdvancedAnnual report
「Following the previous consolidated fiscal year, the group aims to establish sustained profitability by promoting its department store, tenant, and precious-metal bullion purchasing businesses, while also seeking to increase revenue and earnings by leveraging synergies within the AFC-HD Group. As a result, for the nine-month cumulative period under review, revenue was ¥3,873 million (¥3,962 million in the same period of the previous year), operating profit was ¥108 million (¥54 million in the same period of the previous year), ordinary profit was ¥91 million (¥44 million in the same period of the previous year), and net income attributable to owners of the parent was ¥69 million (a net loss of ¥82 million in the same period of the previous year).」
While maintaining sustained profitability as an ongoing target, the nine-month cumulative period resulted in operating profit of ¥108 million, ordinary profit of ¥91 million, and net income attributable to owners of the parent of ¥69 million, representing an improvement in earnings from the same period of the previous year. - FY2024-Q4AdvancedAnnual report
「Following the previous consolidated fiscal year, the group aims to establish sustained profitability by promoting each of its department store, tenant, and precious-metal bullion purchasing businesses, while also seeking to increase revenue and earnings by leveraging synergies within the AFC-HD Group.」
While maintaining its target of establishing sustained profitability, the six-month cumulative period under review resulted in operating profit of ¥66 million, ordinary profit of ¥58 million, and net income attributable to owners of the parent of ¥48 million, improving from operating profit of ¥45 million, ordinary profit of ¥38 million, and a net loss of ¥84 million in the same period of the previous year. - FY2024-Q3Reiteration of the target of establishing sustained profitability and quarterly lossAnnual report
「Following the previous consolidated fiscal year, in which the group returned to profitability for the first time in 9 fiscal years, the group continues to position its department store business, tenant business, and precious-metal bullion purchasing business as its 3 core businesses. It aims to increase revenue and earnings by leveraging synergies within the AFC-HD Group and thereby establish sustained profitability. As a result, for the first-quarter cumulative period under review, revenue was ¥1,222 million (¥1,191 million in the same quarter of the previous year), operating loss was ¥5 million (operating loss of ¥66 million in the same quarter of the previous year), and ordinary loss was ¥9 million (ordinary loss of ¥71 million in the same quarter of the previous year).」
After returning to profitability for the first time in 9 fiscal years in the previous fiscal year, the company reset its target to establishing sustained profitability and set out to expand earnings through its 3 businesses and group synergies. However, the first quarter under review resulted in an operating loss of ¥5 million and an ordinary loss of ¥9 million. - FY2023AchievedAnnual report
「To eliminate the substantial losses recorded for 8 consecutive fiscal years since the 84th fiscal year, the company has aimed from the current fiscal year to quickly establish a profitable business through fundamental reforms to its management structure. Although it recorded expenses for improving its business structure as an investment in the future, business profit exceeded those expenses, resulting in a return to profitability for the first time in 9 fiscal years.」
The company stated that, after 8 consecutive fiscal years of losses, it pursued fundamental reforms to its management structure and returned to profitability for the first time in 9 fiscal years. - FY2024-Q1AdvancedAnnual report
「However, the cumulative nine-month period of the fiscal year ending August 2023 achieved operating profitability, with operating profit of ¥54 million. Factors contributing to the improvement included higher margins resulting from revised transaction terms and cost reductions.」
Operating profit increased from ¥45 million for the six months ended February to ¥54 million for the nine months ended May. The improvement in margins from revised transaction terms and cost reductions was also cited as a contributing factor. - FY2023-Q4AdvancedAnnual report
「However, in the second quarter of the fiscal year ending August 2023, the operating loss improved by ¥175 million from the previous year's ¥130 million operating loss, resulting in cumulative second-quarter profitability of ¥45 million.」
Against its target of returning to profitability early, operating profit for the six months ended February 2023 was ¥45 million, an improvement of ¥175 million from the operating loss in the same period of the previous year. - FY2023-Q3AdvancedAnnual report
「In the first quarter of the fiscal year ending August 2023, the operating loss narrowed by ¥59 million from the previous year's ¥125 million loss to ¥66 million, or ¥20 million before applying the goods-received basis.」
Although the early profitability target was not achieved and the operating loss continued, the operating loss narrowed from ¥125 million in the previous year to ¥66 million. - FY2023-Q1AdvancedAnnual report
「Higher fee income from the purchasing of gold, jewelry and other items, which we strengthened as a new initiative, contributed to improved earnings. Together with lower costs, this resulted in a modest profit for the quarter.」
Against the early profitability target, the Company became profitable in the first quarter through stronger fee income from purchasing gold, jewelry and other items and lower costs. Because it does not state that the establishment of a stable profit model has been completed, this was classified as ADVANCED as a specific step forward. - FY20228 consecutive loss-making periods and a narrower operating lossAnnual report
「The Company has reported losses for 8 consecutive periods and continues to recognize an urgent return to profitability as an immediate challenge. It will work to increase revenue and reduce expenses to achieve an early return to profitability.」
Although the period of reported losses lengthened from 7 consecutive periods to 8, the Company continues to target an early return to profitability through revenue growth and expense reductions. - FY20227 consecutive loss-making periods; failure to achieve full-year profitabilityAnnual report
「Under these circumstances, the Company has reported losses for 7 consecutive periods, making an urgent return to profitability an immediate challenge. To achieve profitability, we will work to increase revenue and reduce expenses.」
Against the early profitability target, the Company stated explicitly that it had reported losses for 7 consecutive periods and identified revenue growth and expense reductions as countermeasures. - FY2022-Q3Failure to achieve third-quarter profitability; narrower lossAnnual 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).」
Against the early profitability target, the Company posted a cumulative third-quarter operating loss of ¥295 million, although the loss narrowed from the same period of the previous year. - FY2022-Q1Failure to achieve first-quarter profitabilityAnnual report
「Operating loss of ¥101 million, compared with an operating loss of ¥343 million in the same period of the previous year」
Although the operating loss narrowed from the same period of the previous year, the Company did not achieve operating profitability in the first quarter. - FY2021Failure to achieve full-year profitabilityAnnual report
「For consolidated results for the consolidated fiscal year, net sales were ¥15,002 million, or 81.4% of the previous consolidated fiscal year, and the operating loss was ¥639 million, compared with an operating loss of ¥18 million in the previous consolidated fiscal year.」
Against the early profitability target, the Company posted a full-year operating loss of ¥639 million, with the loss widening from the previous year's operating loss of ¥18 million. - FY2021-Q3Failure to achieve third-quarter profitabilityAnnual 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).」
For the cumulative third quarter in relation to the early profitability target, the Company posted an operating loss of ¥536 million, an ordinary loss of ¥594 million and a quarterly net loss attributable to owners of the parent of ¥654 million. - FY2021-Q2Failure to achieve second-quarter profitabilityAnnual 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).」
For the cumulative second quarter in relation to the profitability target, the Company posted an operating loss of ¥439 million, an ordinary loss of ¥466 million and a quarterly net loss attributable to owners of the parent of ¥528 million. - FY2021-Q1Failure to achieve first-quarter profitabilityAnnual 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).」
In relation to the profitability target, first-quarter results were an operating loss of ¥343 million, compared with operating income in the same period of the previous year, representing a shift into the red. - FY2020Failure to achieve full-year profitabilityAnnual report
「For the consolidated fiscal year under review, net sales were ¥18,431 million, or 95.1% of the previous consolidated fiscal year, and the operating loss was ¥18 million, compared with an operating loss of ¥34 million in the previous consolidated fiscal year.」
Against the profitability target for the fiscal year ending February 2020, the Company posted an operating loss of ¥18 million and did not achieve full-year profitability. - FY2020-Q3AdvancedAnnual 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.」
Toward the profitability target for the fiscal year ending February 2020, the operating result improved from a ¥38 million loss in the same period of the previous year to breakeven, while the ordinary loss and net loss also improved from the same period of the previous year. However, an ordinary loss and net loss remained. - FY2020-Q1AdvancedAnnual 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).」
In relation to the profitability target for the fiscal year ending February 2020, first-quarter operating income was ¥56 million, ordinary income was ¥21 million and net income attributable to owners of the parent was ¥20 million. - FY2019AdvancedAnnual report
「We will ensure the achievement of profitability in the fiscal year ending February 2020, with operating income of ¥150 million, ordinary income of ¥30 million and net income of ¥20 million.」
The Company translated its previous goal of an “early return to profitability” into specific targets for the fiscal year ending February 2020: operating income of ¥150 million, ordinary income of ¥30 million and net income of ¥20 million. - FY2019-Q3RestatedAnnual report
「By implementing the initiatives described above as one company, we will work toward an early return to profitability.」
The Company continues to maintain its goal of an early return to profitability through the implementation of each basic strategy. - FY2018First statedAnnual report
「By implementing the basic strategies described above, we will aim to return to profitability at an early stage while building a business model capable of generating stable profits.」
Through the implementation of the 3 basic strategies, the Company stated for the first time its goal of returning to profitability at an early stage and building a business model capable of generating stable profits.