Improving underperforming businesses and deciding whether to change direction or withdraw
First written in FY2016. 15 of 24 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-09.
14 other companies' latest entry also says "Achieved".
- FY2025-H1AdvancedAnnual report
「In the Service Areas segment, revenue declined after the company withdrew from operating the restaurant at Ichikawa Service Area in May. In the Food Service segment, 豚小家高槻店, which opened in October 2023, contributed to higher revenue. In the TSUTAYA franchise segment, the company reduced the space allocated to rentals as the rental market contracted, while focusing on new initiatives such as opening a nail salon and expanding its stationery and miscellaneous goods sales areas.」
The company withdrew from operating restaurants at service areas in response to underperforming and downsized businesses, and reduced rental floor space while proceeding with conversions to new stores, different business formats, and stationery and miscellaneous goods. - FY2024-Q3AdvancedAnnual report
「As a result, revenue increased by ¥348 million, or 11.4%, year on year to ¥3,395 million, and operating income was ¥44 million, compared with an operating loss of ¥30 million in the same period of the previous year.」
Under measures including reviewing the store portfolio and opening new stores, Leisure Services turned profitable, from an operating loss of ¥30 million in the same period of the previous year to operating income of ¥44 million. - FY2023-Q1AdvancedAnnual report
「The Food Service segment closed 4 underperforming stores from the previous fiscal year, while customer traffic increased at its other existing stores.」
As a response to underperforming businesses, the Food Service segment closed 4 stores in the previous fiscal year. Leisure Services' operating loss improved by ¥47 million from the same period of the previous year. - FY2022-Q3AdvancedAnnual report
「As a result, revenue decreased by ¥143 million, or 4.8%, year on year to ¥2,841 million, while the operating loss was ¥151 million, an improvement of ¥81 million from the same period of the previous year, due to the closure of underperforming stores.」
Leisure Services' operating loss improved by ¥81 million year on year due to the benefits of closing underperforming stores. However, an operating loss of ¥151 million remained. - FY2022-Q1RestatedAnnual report
「As a result, revenue increased by ¥23 million, or 2.9%, year on year to ¥843 million, while the operating loss improved to ¥70 million, an improvement of ¥83 million from the same period of the previous year, due in part to the closure of underperforming stores in the Food Service segment last year.」
Leisure Services' operating loss improved by ¥83 million year on year due in part to the benefits of closing underperforming stores, but the segment still posted an operating loss of ¥70 million. - FY2021AdvancedAnnual report
「The Food Service segment closed 2 unprofitable stores, while revenue from existing stores declined significantly due to temporary closures and reduced operating hours.」
As a response to underperforming businesses, the Food Service segment closed 2 stores. - FY2021-Q2AdvancedAnnual report
「In the Agriculture segment, we withdrew from the production business, while in the sales business we opened 2 new Bus no Yaoya stores in Nishinomiya in July.」
In the Agriculture segment, the company withdrew from the production business and opened 2 Bus no Yaoya stores, a mobile greengrocer business, in Nishinomiya. The text does not state that the withdrawal was due to the business being unprofitable. - FY2020-Q3AdvancedAnnual report
「As a result, revenue decreased by ¥301 million, or 6.5%, year on year to ¥4,321 million, due to lower revenue at 冨士屋かまぼこ, while operating income increased by ¥31 million, or 59.7%, year on year to ¥85 million.」
After the share transfer of 冨士屋かまぼこ, Leisure Services reported lower revenue, while operating income increased by ¥31 million year on year. - FY2020-Q1AdvancedAnnual report
「As a result, revenue decreased by ¥78 million, or 5.4%, year on year to ¥1,388 million, while operating income increased by ¥9 million, or 491.7%, year on year to ¥11 million.」
Although Leisure Services reported lower revenue, operating income increased from ¥2 million in the same period of the previous year to ¥11 million, and earnings improvement continued. Contract charter travel also improved its operating loss by ¥30 million year on year. - FY2019AdvancedAnnual report
「We invested in the business expecting synergies with our existing businesses, including food service, but the expected Group synergies have not materialised. After comprehensively considering the optimal allocation of management resources and other factors, we decided to transfer the shares.」
The company transferred its shares in 冨士屋かまぼこ on 28 March 2019 because the expected Group synergies had not materialised. - FY2019-Q3AdvancedAnnual report
「As a result, revenue decreased by ¥194 million, or 4.0%, year on year to ¥4,623 million, while operating income increased by ¥50 million year on year to ¥53 million, due mainly to higher revenue at existing stores and lower personnel expenses resulting from more efficient store operations in the TSUTAYA FC segment.」
Although Leisure Services reported lower revenue, operating income increased by ¥50 million year on year to ¥53 million due to more efficient store operations and higher revenue at existing stores. - FY2019-Q2AdvancedAnnual report
「The Food Service segment benefited from higher revenue at the FC store Kushiya Monogatari, which opened in the previous fiscal year. The Food Manufacturing and Sales segment benefited from the Tamagomaru store, which opened in June 2018 in Snack Park at the Hanshin Department Store Umeda Main Store, helping secure earnings, but reported lower revenue due in part to the discontinuation of production of some wholesale products. Although book sales in the TSUTAYA FC segment remained strong, revenue declined due to the impact of the TSUTAYA Aioi store, which closed in the previous fiscal year. As a result, revenue decreased by ¥139 million, or 4.3%, year on year to ¥3,083 million, while operating income turned positive at ¥52 million, compared with an operating loss of ¥4 million in the same period of the previous year, due mainly to increased revenue at existing stores, lower personnel expenses resulting from more efficient store operations and other factors in the TSUTAYA FC segment.」
Against a backdrop of closing underperforming stores and improving store operating efficiency, Leisure Services' operating income turned positive at ¥52 million, compared with an operating loss in the same period of the previous year. - FY2019-Q1AdvancedAnnual report
「The Food Service segment benefited from the FC store Kushiya Monogatari, which opened in the previous fiscal year, helping secure earnings, but reported lower revenue due in part to the closure of underperforming stores in the previous fiscal year. The Food Manufacturing and Sales segment reported lower revenue due in part to the closure of underperforming stores in the previous fiscal year. Although book sales in the TSUTAYA FC segment remained strong, revenue declined due in part to the impact of the TSUTAYA Aioi store, which closed in the previous fiscal year. As a result, revenue decreased by ¥91 million, or 5.9%, year on year to ¥1,467 million, while operating income turned positive at ¥2 million, compared with an operating loss of ¥20 million in the same period of the previous year, due mainly to store closures and other factors in the TSUTAYA FC segment during the previous consolidated fiscal year.」
Leisure Services reported lower revenue due to the closure of underperforming stores and the TSUTAYA Aioi store, among other factors, but operating income turned positive, from an operating loss of ¥20 million to operating income of ¥2 million, mainly due to store closures and other factors in the TSUTAYA FC segment. - FY2018AdvancedAnnual report
「The Food Manufacturing and Sales segment closed underperforming stores while renovating some existing stores and working to improve profitability. As a result, revenue decreased by ¥211 million, or 3.3%, year on year to ¥6,257 million, while operating loss improved by ¥193 million to ¥27 million, mainly due to the closure of underperforming stores in the Food Manufacturing and Sales segment and lower new-store opening expenses in the TSUTAYA FC segment compared with the previous consolidated fiscal year.」
The company closed underperforming stores and renovated existing stores, improving Leisure Services' operating loss by ¥193 million from the previous year. However, the segment still posted an operating loss of ¥27 million for the full year. - FY2018-Q3AdvancedAnnual report
「The Food Manufacturing and Sales segment withdrew from underperforming stores while renovating some existing stores and working to improve profitability.」
The company continued to withdraw from underperforming stores and renovate existing stores. Across Leisure Services, operating income turned positive, from an operating loss of ¥119 million to operating income of ¥3 million, mainly due to the closure of underperforming stores and other factors. - FY2018-Q2RestatedAnnual report
「The food manufacturing and sales segment withdrew from unprofitable stores while renovating some existing stores to improve profitability.」
The company withdrew from unprofitable stores and renovated existing stores in parallel to improve profitability. - FY2018-Q1RestatedAnnual report
「The food manufacturing and sales segment withdrew from unprofitable stores while renovating some existing stores to improve profitability.」
While continuing to make decisions to withdraw from underperforming stores, the company is also working to improve profitability by renovating existing stores. - FY2017RestatedAnnual report
「For underperforming businesses as well, we will execute plans to put them on a sound footing, and if they cannot be improved, we will make a decision that may include changing direction or withdrawing.」
The company continues to maintain a policy of deciding whether to change direction or withdraw after implementing improvement plans for underperforming businesses. - FY2017-Q3RestatedAnnual report
「The Food Manufacturing and Sales segment reported lower revenue due in part to its withdrawal from underperforming stores.」
The company continues to cite its withdrawal from underperforming stores as a specific example of its policy of withdrawing from businesses that cannot be improved. - FY2017-Q2RestatedAnnual report
「Although wholesale sales increased due to product campaigns at customer stores, the Food Manufacturing and Sales segment reported lower revenue due in part to its withdrawal from underperforming stores.」
The company continues to cite its withdrawal from underperforming stores as a specific example of improving businesses and deciding whether to withdraw. - FY2017-Q1AdvancedAnnual report
「The Food Manufacturing and Sales segment reported lower revenue because it withdrew from underperforming stores.」
In line with the policy of withdrawing from businesses that cannot be improved, the company carried out the specific withdrawal from underperforming stores. - FY2016First statedAnnual report
「For underperforming businesses as well, we will execute plans to put them on a sound footing, and if they cannot be improved, we will make a decision that may include changing direction or withdrawing.」
The company will not treat continuation of the business as a foregone conclusion, and will consider changing direction or withdrawing after implementing the improvement plan.