Restructuring the store network through relocations and closures
First written in FY2023-Q1. 1 of 3 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025.
5 other companies' latest entry also says "Other".
- FY2025Progress in store consolidation and relocationsAnnual report
「Other operating expenses increased by 163,466 thousand yen, or 11.3%, year on year. The main factors were a 67,828 thousand yen, or 34.5%, increase in advertising and promotional expenses resulting from strengthened promotional activities, as well as increases in consumables and repair expenses included in other expenses associated with the consolidation and relocation of stores.」
The company disclosed increases in consumables and repair expenses associated with store consolidation and relocations, indicating that spending related to site restructuring continues. - FY2023-Q2AdvancedAnnual report
「This was primarily due to an increase in deferred tax assets, while property, plant and equipment and lease deposits decreased in connection with store relocations and closures, as well as decreases resulting from depreciation, among other factors.」
The decrease in property, plant and equipment and lease deposits associated with store relocations and closures was confirmed, indicating that site restructuring is progressing. - FY2023-Q1First statedAnnual report
「This was primarily due to decreases resulting from depreciation and the write-off of assets associated with store relocations and closures, among other factors.」
The write-off of fixed assets associated with store relocations and closures was identified for the first time as a factor behind the decrease in fixed assets.