Komori
Wagokoro (9271) · TargetAdvanced

Revenue Diversification Through New and Adjacent Businesses

First written in FY2017. 27 of 36 entries say "Advanced", first in FY2018. Latest entry: 2026-10-01.

36entries
9years
12from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020-Q2 – FY2021AdvancedFY2023 – FY2025-H12018: 320182019: 420192020: 320202021: 320212022: 320222023: 220232024: 320242025: 220252026: 132026
Same theme, other companies
Diversifying Revenue Sources Through New BusinessesA theme 163 companies write about · 0 as a headwind · 168 as a tailwind

88 other companies' latest entry also says "Advanced".

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 163 companies compared. The sentences above are computed from all 163.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AdvancedAnnual report

    「Stores operated by エス・ティー・エヌ伊豆株式会社, which became a consolidated subsidiary during the interim period, at locations including Roadside Station Ito Marine Town in Ito, Shizuoka Prefecture, contributed to earnings. The Company determined that introducing its expertise into the operation of this business would strengthen store development, product composition and sales, thereby further drawing out the target company's earnings capacity.」

    Revenue diversification into new and adjacent areas progressed to the acquisition of a company operating stores at tourist destinations as a subsidiary, followed by efforts to improve its earnings capacity by introducing the Company's expertise.
  2. FY2025-H1AdvancedAnnual report

    「In Other businesses, the Company operates a real estate leasing business using renovated vacant houses, mainly in Shizuoka Prefecture, as well as accommodation facilities. As a result, revenue from Other businesses was ¥108.125 million, up 112.0% year on year, and segment profit was ¥18.773 million, up 57.7% year on year.」

    As part of revenue diversification, first-half revenue and segment profit from the real estate leasing and accommodation facility businesses within Other businesses exceeded the levels of the same period of the previous year.
  3. FY2024RaisedAnnual report

    「Going forward, in addition to Shizuoka Prefecture, the Company will seek to expand revenue by developing accommodation facilities for inbound visitors in major tourist destinations that attract inbound visitors.」

    For the development of accommodation facilities within Other businesses, the Company indicated a policy of expanding the target area from its traditional focus on Shizuoka Prefecture to major tourist destinations that attract inbound visitors.
  4. FY2024-H1AdvancedAnnual report

    「In Other businesses, the Company operates a real estate leasing business using renovated vacant houses, mainly in Shizuoka Prefecture, as well as accommodation facilities. As a result, revenue from Other businesses was ¥49.635 million, up 130.0% year on year, and segment profit was ¥11.902 million, up 1,286.1% year on year.」

    As part of revenue diversification into new and adjacent areas, interim revenue and segment profit from the real estate leasing and accommodation facility businesses were substantially higher than in the same period of the previous year.
  5. FY2024-Q1AdvancedAnnual report

    「In Other businesses, the Company operates a real estate leasing business using renovated vacant houses, mainly in Shizuoka Prefecture, as well as accommodation facilities. As a result, revenue from Other businesses was ¥26.611 million, up 193.3% year on year, and segment profit was ¥7.142 million, compared with a loss of ¥1.519 million in the same period of the previous year.」

    Revenue from the real estate leasing and accommodation facility businesses increased, resulting in a shift from a segment loss in the same period of the previous year to segment profit as part of the Company's new and adjacent businesses.
  6. FY2023AdvancedAnnual report

    「In Other businesses, the Company operates a real estate leasing business using renovated vacant houses, mainly in Shizuoka Prefecture, as well as accommodation facilities. Revenue from Other businesses was ¥64.575 million, up 47.8% year on year, and segment profit was ¥21.564 million, compared with a loss of ¥1.977 million in the same period of the previous year.」

    Revenue from the real estate leasing and accommodation facility businesses increased, resulting in a shift to segment profit as part of revenue diversification into new and adjacent areas.
  7. FY2023-Q3RestatedAnnual report

    「Going forward, the Company will increase the number of properties it operates and focus on this area.」

    The Company has indicated a policy of increasing the number of properties operated in the real estate leasing and accommodation facility businesses within Other businesses and focusing on these areas.
  8. FY2022ReframedAnnual report

    「The Company transferred the experiences business because it needed to concentrate resources on the products and other businesses and reallocate management resources.」

    The composition of revenue diversification shifted from expanding three businesses, including kimono rentals, to reallocating resources to the merchandise business and Other businesses, including real estate leasing and accommodation facilities, following the transfer of the services business.
  9. FY2022-Q3AdvancedAnnual report

    「In Other businesses, the Company operates a real estate leasing business using renovated vacant houses, mainly in Shizuoka Prefecture, as well as accommodation facilities. In addition, it began selling meat wholesale products through an e-commerce site in March. Going forward, the Company will seek to expand revenue.」

    Revenue diversification progressed with the launch of e-commerce sales for the meat wholesale business, in addition to real estate leasing and accommodation facilities.
  10. FY2022-Q1RestatedAnnual report

    「In Other businesses, the Company operates a real estate leasing business using renovated vacant houses, mainly in Shizuoka Prefecture, as well as accommodation facilities. It also launched a meat wholesale business. Going forward, the Company will seek to expand revenue.」

    The Company continues to pursue revenue diversification and revenue growth through real estate leasing, accommodation facilities and the meat wholesale business.
  11. FY2021AdvancedAnnual report

    「Other businesses include real estate leasing and meat wholesaling, among others.」

    The annual report also confirms that the Company had launched a meat wholesale business in addition to real estate leasing as part of its revenue diversification.
  12. FY2021-Q3AdvancedAnnual report

    「In Other businesses, the Company renovates vacant houses, mainly in Shizuoka Prefecture, and leases them as real estate. It also launched a meat wholesale business as a new business.」

    Revenue diversification into new and adjacent areas progressed with the launch of a meat wholesale business, in addition to real estate leasing using vacant houses.
  13. FY2021-Q2AdvancedAnnual report

    「As demand for kimono rentals began to recover, the Company opened stores under contracts with no fixed costs. As a result, the number of [kimono rental wargo] stores stood at 12 at the end of the cumulative second quarter, an increase of 6 from the end of the previous fiscal year.」

    The number of kimono rental stores was expanded to 12 at the end of the period by limiting new openings to contracts that keep fixed costs under control.
  14. FY2021-Q1AdvancedAnnual report

    「As demand for kimono rental began to recover, the company opened stores using only contract structures that do not incur fixed costs. As a result, Kimono Rental wargo had 11 stores at the end of the cumulative first-quarter consolidated period, an increase of 5 stores from the end of the previous consolidated fiscal year.」

    For kimono rental, the company increased the number of stores at period-end by 5 through openings limited to contract structures that keep fixed costs low.
  15. FY2020-Q3AdvancedAnnual report

    「During the cumulative third-quarter accounting period, the company established マイグレ株式会社, a wholly owned subsidiary.」

    Revenue diversification through new and adjacent businesses made concrete progress through the establishment of the wholly owned subsidiary マイグレ株式会社.
  16. FY2020-Q2AdvancedAnnual report

    「The company decided to establish a new company, マイグレ株式会社, to provide solutions to depopulation and vacant-house issues in regional areas and support the shift to teleworking and changes in work styles that have rapidly expanded among urban companies in response to the recent COVID-19 pandemic.」

    Revenue diversification through new and adjacent businesses was given concrete form through the planned establishment of a new company targeting depopulation, vacant-house issues and teleworking in regional areas.
  17. FY2019RestatedAnnual report

    「After thoroughly establishing and operating its risk management framework, the company will continue to actively pursue revenue diversification by launching new and adjacent businesses.」

    The company continues to pursue a revenue diversification policy centered on store development for existing and new brands, kimono rental for weddings, funerals and other ceremonies, and K2K.
  18. FY2019-Q3AdvancedAnnual report

    「In the services business, premium kimono rental for weddings, funerals and other ceremonies stabilized during the cumulative third-quarter period, in addition to the tourism kimono rental business, and sales at existing stores progressed steadily year on year. The company also confirmed high customer retention and a shorter path to profitability for the premium kimono rental business for weddings, funerals and other ceremonies, and will continue opening stores.」

    The company confirmed the stabilization of the premium kimono rental business for weddings, funerals and other ceremonies, high customer retention and a shorter path to profitability, and indicated a policy of continuing to open stores.
  19. FY2019-Q2AdvancedAnnual report

    「In the services business, in addition to kimono rental mainly in tourist destinations, the company focused on developing premium kimono rental stores for weddings, funerals and other ceremonies, mainly in urban areas. 1 store opened during the cumulative second-quarter period, while 2 stores closed during the same period, leaving 18 stores at the end of the second quarter.」

    In addition to the tourist-destination model, the company expanded premium kimono rental for weddings, funerals and other ceremonies in urban areas and opened 1 store.
  20. FY2019-Q1AdvancedAnnual report

    「In the services business, Kimono Rental wargo opened a store on Chuo-dori in Ginza, Tokyo, in February, and monthly sales reached ¥100 million for the first time in March, marking significant growth. In addition to the traditional kimono rental business targeting tourist destinations, kimono rental for weddings, funerals and other ceremonies in urban areas also grew steadily, shortening the time required for stores to become profitable.」

    The company advanced its opening in Ginza, Tokyo, growth in urban rental services for weddings, funerals and other ceremonies, and the shortening of the store profitability cycle.
  21. FY2018AdvancedAnnual report

    「The tourism rental business in the services segment has become an established source of revenue as a result of receiving a certain level of market acceptance. We aim to expand the business further by strengthening kimono rental for weddings, funerals and other ceremonies, which has a larger market.」

    The company explained that tourism kimono rental had become an established source of revenue and expanded its focus to strengthening rental services for weddings, funerals and other ceremonies, which have a larger market.
  22. FY2018-Q3Continued delays in store opening progressAnnual report

    「In the services business, delays in developing kimono rental stores focused on weddings, funerals and other ceremonies meant that only 3 stores opened during the cumulative third-quarter period, bringing the number of stores at the end of the third quarter to 14, an increase of 3 stores year on year.」

    Delays in developing kimono rental stores for weddings, funerals and other ceremonies continued, limiting store openings to 3 stores.
  23. FY2018-Q2Delays in store opening progressAnnual report

    「In the services business, delays in developing kimono rental stores focused on weddings, funerals and other ceremonies meant that only 2 stores opened during the cumulative second-quarter period, bringing the number of stores at the end of the second quarter to 13.」

    Delays in developing kimono rental stores for weddings, funerals and other ceremonies limited store openings in the services business to 2 stores.
  24. FY2017First statedAnnual report

    「After thoroughly establishing and operating its risk management framework, the company will actively pursue revenue diversification by launching new and adjacent businesses.」

    In addition to developing stores for existing brands, the company plans to expand into adjacent markets with substantial market potential, including kimono rental for weddings, funerals and other ceremonies.
Moved together

"Accelerating New Store Openings in Major Cities and Tourist Destinations" moved the same way as this thread, in the same document, in 20 of its 35 moves.

2015131198★123456
  1. ★This thread
  2. 1Accelerating New Store Openings in Major Cities and Tourist Destinations20×
  3. 2“マイグレ” vacant-home revitalization business addressing rural depopulation and vacant homes15×
  4. 3Allocation of Retained Earnings and Funds Raised to New Store Openings, Systems and Additional Floor Space13×
  5. 4Expansion driven by new brands, new experiential services, IT initiatives, and accelerated store openings11×
  6. 5Improvement in earnings capacity and financial strength9×
  7. 6Negative net worth8×

★ 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
No upcoming earnings preview for Wagokoro yet. It last moved in the Monthly of 2026-10-01: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.