Improving profit efficiency by closing underperforming stores
First written in FY2022-Q2. 11 of 13 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-11-09.
The whole theme swung hardest in 2018: 4 of 36 companies on the "Worse" side.
25 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In the consolidated fiscal year, the Company pursued a plan to improve profitability by returning to its roots, including through the scrap-and-build of underperforming stores and the refurbishment of existing stores.」
The Company carried out the scrap-and-build of underperforming stores, refurbished existing stores, and closed 22 stores, working to improve its earnings structure. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period, the company opened 10 new stores and closed 11, bringing the number of stores at the end of the interim consolidated accounting period to 187.」
The Company continued to operate by opening new stores and closing stores in parallel, opening 10 stores and closing 11 stores during the interim period. It also recorded a loss on store closures of ¥39,099 thousand and a loss on disposal of fixed assets of ¥98,868 thousand. - FY2024AdvancedAnnual report
「During the fiscal year, the company opened 30 new stores and closed 6, bringing the total to 188 stores at the end of the fiscal year.」
The Company pursued new-store openings and the closure of underperforming stores and other stores simultaneously. It recorded a loss on store closures of ¥14,067 thousand, an impairment loss of ¥6,763 thousand, and a loss on disposal of fixed assets of ¥39,288 thousand. - FY2023AdvancedAnnual report
「The Company continued to pursue expansion in scale and improved profit margins by actively opening new stores and closing underperforming stores.」
In the fiscal year ended September 2023, the Company pursued the closure of underperforming stores and expansion in scale simultaneously by opening 39 stores and closing 9 stores. Loss on disposal of fixed assets was ¥128,261 thousand, and impairment loss was ¥8,260 thousand. - FY2023-Q3AdvancedAnnual report
「During the cumulative third-quarter period, the company opened 30 new stores and closed 6, bringing the total to 160 stores, an increase of 24 from the end of the previous fiscal year.」
The Company is pursuing expansion in scale and improved profit margins by opening new stores and closing underperforming stores. During the nine months ended the current third quarter, it opened 30 stores and closed 6 stores. - FY2023-Q2AdvancedAnnual report
「The Company continued to pursue expansion in scale and improved profit margins by actively opening new stores and closing underperforming stores.」
The Company pursued expansion in scale and improved profit margins simultaneously by opening 16 stores and closing 6 stores during the six months ended the current second quarter. - FY2023-Q1AdvancedAnnual report
「The Company continued to pursue expansion in scale and improved profit margins by actively opening new stores and closing underperforming stores.」
The Company pursued expansion in scale and improved profit margins simultaneously by opening 10 stores and closing 2 stores during the three months ended the current first quarter. - FY2022-Q3AdvancedAnnual report
「At “Wakuwaku Hiroba,” the stores operated by the Company, the Company developed a range of nearby producers, including bakeries, Japanese and Western confectionery shops, and restaurants, in addition to producers of vegetables and fruit, as a regional specialty food shop. It stocked distinctive products while actively opening new stores and closing underperforming stores, thereby pursuing expansion in scale and improved profit margins.」
The Company states that, during the nine months ended the current third quarter, it opened 18 stores and closed 6 stores as part of an initiative to pursue new-store openings and the closure of underperforming stores simultaneously. - FY2022-Q2First statedAnnual report
「The Company pursued expansion in scale and improved profit efficiency by actively opening new stores and closing underperforming stores.」
The Company first explicitly presented new-store openings and the closure of underperforming stores as an integrated initiative to expand its scale and improve profit efficiency. During the six months ended the current second quarter, 5 stores were closed and an impairment loss of ¥13,520 thousand was recorded.