Temporary Store Closures and Cancellation of Escorted Overseas Tours
First written in FY2020-Q2. 8 of 13 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 2 of 11 companies on the "Worse" side.
13 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual reportThe FY2023 full-year report does not identify the specific cost-reduction measures previously described, such as temporary store closures, cancellation of escorted overseas tours, shorter business hours and suspensions of operations.
- FY2023-Q3RestatedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company continues to reduce selling, general and administrative expenses by suspending some operations (through 31 March 2023), using public programs (with applications for the primary employment adjustment subsidy covering periods through 31 March 2023), reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. It has also continued to invest some internal resources to secure revenue in the domestic travel division. The company has fully resumed overseas travel operations, including expanding overseas travel products and increasing the circulation of its member magazine.」
The company reconfirmed that it continues to reduce costs, use public programs and invest resources in the domestic travel division, while also fully resuming overseas travel operations, including expanding overseas travel products and increasing the circulation of its member magazine. - FY2023-Q2AdvancedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company continues to reduce selling, general and administrative expenses by suspending some operations (through 31 March 2023), using public programs (with applications for the primary employment adjustment subsidy covering periods through 31 March 2023), reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. It has also continued to invest some internal resources to secure revenue in the domestic travel division. The company has fully resumed overseas travel operations, including expanding overseas travel products and increasing the circulation of its member magazine.」
While continuing cost-reduction measures and investment in the domestic travel division, the company specified 31 March 2023 as the deadline for suspensions of operations and applications for the primary employment adjustment subsidy. It has fully resumed overseas travel operations, including expanding overseas travel products and increasing the circulation of its member magazine. - FY2023-Q1RestatedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company continues to reduce selling, general and administrative expenses by suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. It has also continued to invest some internal resources to secure revenue in the domestic travel division. Following the easing of border-control measures in March 2022, the company fully resumed overseas travel operations, including expanding overseas travel products and increasing the circulation of its member magazine.」
The company continues to reduce costs through suspension of some operations, use of public programs, and restraint of compensation, salaries and advertising expenses, as well as continuing to invest internal resources in the domestic travel division. Following the easing of border-control measures in March 2022, it fully resumed overseas travel operations, including expanding overseas travel products and increasing the circulation of its member magazine. - FY2022AdvancedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company has continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours (through the end of September 2022), suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. It has also continued to invest some internal resources to secure revenue in the domestic travel division. Following the easing of border-control measures in March 2022, the company fully resumed overseas travel operations, including expanding overseas travel products and increasing the circulation of its member magazine.」
The company continued cost reductions and investment in the domestic travel division, and fully resumed overseas travel operations from March 2022, including expanding overseas travel products and increasing the circulation of its member magazine. - FY2022-Q3RestatedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company has continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. In addition, it has continued to invest some internal resources to secure revenue in the domestic travel division, which had not previously been a core business.」
The company has continued since the previous consolidated fiscal year to implement cost reductions through shorter business hours, suspension of some operations, use of public programs, and restraint of compensation, salaries and advertising expenses, as well as continuing to invest internal resources in the domestic travel division. - FY2022-Q2RestatedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company has continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. In addition, it has continued to invest some internal resources to secure revenue in the domestic travel division, which had not previously been a core business.」
The company continues to implement cost reductions through shorter business hours, suspension of some operations, use of public programs, and restraint of compensation, salaries and advertising expenses, as well as continuing to invest internal resources in the domestic travel division. - FY2022-Q1RestatedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company has continued since the previous consolidated fiscal year to reduce selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. In addition, it has continued to invest some internal resources to secure revenue in the domestic travel division, which had not previously been a core business.」
The company continues to implement cost reductions through shorter business hours, suspension of some operations, use of public programs, and restraint of executive compensation, salaries and advertising expenses, as well as continuing to invest internal resources in the domestic travel division. - FY2021-Q3RestatedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company reduced selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. In addition, it invested some internal resources to secure revenue in the domestic travel division, which had not previously been a core business. The company will continue implementing these measures.」
The company states that it continues to implement cost reductions through shorter business hours, suspension of some operations, use of public programs, and restraint of executive compensation, salaries and advertising expenses, as well as continuing to invest resources in the domestic travel division. - FY2021-Q2RestatedAnnual report
「These circumstances have created a situation giving rise to significant doubt about the going-concern assumption. To address this situation, the company reduced selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses. In addition, it invested some internal resources to secure revenue in the domestic travel division, which had not previously been a core business. The company will continue implementing these measures.」
The company states that it continues to implement cost-reduction measures involving shorter business hours, suspension of some operations, use of public programs, and restraint of executive compensation, salaries and advertising expenses. - FY2021-Q1RestatedAnnual report
「These circumstances give rise to conditions that may raise significant doubt about the going concern assumption. To address them, the company sought to reduce selling, general and administrative expenses by shortening operating hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially revising wages and restraining advertising expenses.」
The company continues to describe cost-reduction measures involving shorter business hours, suspension of some operations, use of public programs, and restraint of executive compensation, salaries and advertising expenses. - FY2020ReframedAnnual report
「The company reduced selling, general and administrative expenses by shortening business hours, suspending some operations, using public programs such as employment adjustment subsidies, reducing total executive compensation, partially reviewing salaries and curbing advertising expenses.」
Compared with the previous year's specific measures of temporary store closures and tour cancellations, FY2020 describes a comprehensive cost-reduction program including shorter business hours, partial suspensions, use of public programs, and restraint of executive compensation, salaries and advertising expenses. - FY2020-Q2First statedAnnual report
「Accordingly, the group decided to temporarily close its stores from 13 April and cancel escorted overseas tours departing through 30 June.」
As measures to address the spread of COVID-19 and the inability to operate overseas tours, the company decided to temporarily close its stores from 13 April and cancel escorted overseas tours departing through 30 June.