Store Expansion in China
First written in FY2016. 10 of 30 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「China opened 1 store and closed 4. As of the end of the current consolidated fiscal year, we had 33 domestic stores, 7 in South Korea, 4 in Taiwan and 2 in China, for a total of 46 stores.」
China opened 1 store but closed 4, reducing the number of stores from 5 at the end of the previous fiscal year to 2. - FY2026-H1SoftenedAnnual report
「During the interim consolidated accounting period, store movements comprised 2 domestic closures, 2 closures in South Korea, 1 opening in Taiwan, 1 opening and 4 closures in China. As of the end of the interim consolidated accounting period, we had 36 domestic stores, 7 in South Korea, 4 in Taiwan and 2 in China, for a total of 49 stores.」
China opened 1 store but closed 4, reducing the number of stores from 5 at the end of the previous fiscal year to 2. - FY2025RestatedAnnual report
「We had 38 domestic stores, 9 in South Korea, 3 in Taiwan and 5 in China, for a total of 55 stores.」
The number of stores in China remained unchanged at 5 from the previous disclosure, maintaining the post-restructuring scale. - FY2024-Q3New store openings, but the number of stores in China remained unchangedAnnual report
「We opened 2 new domestic BS salons, 1 new store in China and 2 new stores in Taiwan, while 3 stores closed in South Korea. As of the end of the third quarter of the current consolidated accounting period, we had 41 domestic stores, 10 in South Korea, 4 in Taiwan and 5 in China, for a total of 60 stores.」
China opened 1 new store, but the number of stores remained at 5, unchanged from the end of the previous quarter. - FY2024-Q2AdvancedAnnual report
「During the first 2 quarters of the current consolidated fiscal year, store movements comprised 1 new domestic BS salon, 1 new store in China, 1 new store in Taiwan and 2 closures in South Korea. As of the end of the second quarter of the current consolidated accounting period, we had 40 domestic stores, 10 in South Korea, 3 in Taiwan and 5 in China, for a total of 58 stores.」
The number of stores in China increased from 4 at both the end of the previous fiscal year and the previous quarter to 5, indicating progress in the China store rollout. - FY2023RestatedAnnual report
「As a result, as of the end of the current consolidated fiscal year, we had 39 domestic stores, 13 in South Korea, 2 in Taiwan and 4 in China, for a total of 58 stores.」
The number of stores in China remains at 4, unchanged from the end of the previous quarter. - FY2023-Q3AdvancedAnnual report
「As of the end of the third quarter of the current consolidated accounting period, we had 40 domestic stores, 14 in South Korea, 2 in Taiwan and 4 in China, for a total of 60 stores.」
China opened 1 new store during the quarter, increasing the number of stores from 3 at the end of the previous fiscal year to 4. - FY2023-Q1RestatedAnnual report
「As of the end of the first quarter of the current consolidated accounting period, we had 42 domestic stores, 16 in South Korea, 2 in Taiwan and 3 in China, for a total of 63 stores.」
The number of stores in China remains at 3, unchanged from the end of the previous fiscal year. - FY2022RestatedAnnual report
「As a result, as of the end of the current consolidated fiscal year, we had 43 domestic stores, 17 in South Korea, 2 in Taiwan and 3 in China, for a total of 65 stores.」
The number of stores in China remains at 3, unchanged from the end of the previous quarter. The company continues to maintain the post-restructuring scale rather than pursue large-scale expansion in China. - FY2022-Q3RestatedAnnual report
「As a result, as of the end of the third quarter of the current consolidated accounting period, we had 44 domestic stores, 18 in South Korea, 2 in Taiwan and 3 in China, for a total of 67 stores.」
The number of stores in China remains at 3, unchanged from the end of the previous quarter. - FY2022-Q1RestatedAnnual report
「As of the end of the first quarter of the current consolidated accounting period, we had 44 domestic stores, 22 in South Korea, 2 in Taiwan and 3 in China, for a total of 71 stores.」
The number of stores in China remains at 3, maintaining the level at the end of the previous fiscal year. - FY2021RestatedAnnual report
「As a result, as of the end of the current consolidated fiscal year, we had 45 domestic stores, 22 in South Korea, 2 in Taiwan and 3 in China, for a total of 72 stores.」
The number of stores in China remains at 3, unchanged from the end of the previous quarter. The company continues to maintain the post-restructuring scale rather than pursue large-scale expansion in China. - FY2021-Q2RestatedAnnual report
「As a result, as of the end of the second quarter of the current consolidated accounting period, we had 46 domestic stores, 25 in South Korea, 2 in Taiwan and 3 in China, for a total of 76 stores.」
The number of stores in China remained at 3, unchanged from the end of the previous quarter, maintaining the post-restructuring scale. - FY2021-Q1SoftenedAnnual report
「As a result, as of the end of the first quarter of the current consolidated accounting period, we had 46 domestic stores, 31 in South Korea, 3 in Taiwan and 3 in China, for a total of 83 stores.」
The number of stores in China fell from 5 at the end of the previous fiscal year to 3, leaving the China store expansion initiative at an even smaller scale after the restructuring. - FY2020-Q3RestatedAnnual report
「As a result, as of the end of the third quarter of the current consolidated accounting period, we had 46 domestic stores, 33 in South Korea, 3 in Taiwan and 5 in China, for a total of 87 stores.」
The number of stores in China remains at 5, maintaining the level reached after the restructuring since the end of the previous fiscal year. - FY2019SoftenedAnnual report
「In expanding our overseas BS salon business in China, we closed 18 stores during the current consolidated fiscal year, following discussions with the local master franchisee, and consolidated our management resources with the aim of improving service quality and profitability. This reduced the number of stores in China to 5, but we are strengthening our cooperation with the local master franchisee and pursuing steady store expansion, including support for technical and service training and guidance on store operations.」
China closed 18 stores during the year, leaving 5, with the focus shifting further from store expansion toward concentrating management resources on service quality and profitability. - FY2019-Q3AdvancedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, Japan opened 1 store, MEN Minami-Koshigaya in Saitama Prefecture, and closed 1. Overseas, 8 stores opened, comprising 6 in South Korea, 1 in Taiwan and 1 in China, while 19 closed, comprising 2 in South Korea and 17 in China. As a result, as of the end of the third quarter of the current consolidated accounting period, we had 49 domestic stores, 29 in South Korea, 4 in Taiwan and 6 in China, for a total of 88 stores.」
China closed 17 stores and consolidated its management resources, while opening 1 store during the period, increasing the number of stores from 5 at the end of the previous quarter to 6. - FY2019-Q2SoftenedAnnual report
「In expanding our overseas BS salon business in China, we closed 17 stores during the first 2 quarters of the current consolidated fiscal year, following discussions with the local master franchisee, and consolidated our management resources with the aim of improving service quality and profitability. This reduced the number of stores in China to 5, but we will strengthen our cooperation with the local master franchisee and pursue steady store expansion by supporting technical and service training and providing guidance on store operations.」
China closed 17 stores, reducing the number from 9 to 5. The focus has shifted further from aggressive store expansion toward concentrating management resources on service quality and profitability. - FY2019-Q1SoftenedAnnual report
「In expanding our overseas BS salon business in China, we closed 13 stores as of the end of September, following discussions with the local master franchisee, and consolidated our management resources with the aim of improving service quality and profitability. This reduced the number of stores in China to 9, but we will strengthen our cooperation with the local master franchisee and pursue steady store expansion by supporting technical and service training and providing guidance on store operations.」
The number of stores in China fell to 9 after 13 closures, with management resources shifting away from expansion and toward a focus on service quality and profitability. - FY2018Store count remained at 22 after 17 openings and 9 closuresAnnual report
「During the current consolidated fiscal year, Japan closed 3 stores. Overseas, South Korea opened 5 stores and closed 3, while China opened 17 and closed 9. As a result, as of the end of the consolidated fiscal year, we had 49 domestic stores, 25 in South Korea, 3 in Taiwan and 22 in China, for a total of 99 stores.」
China opened 17 stores but closed 9, leaving the number of stores at 22, unchanged from the end of the third quarter of the 29th fiscal year. Store-opening activity continued, but did not result in a net increase. - FY2018-Q3Store openings continued, but the number of stores in China remained unchangedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, Japan closed 3 stores. Overseas, South Korea opened 2 stores and closed 2, while China opened 9 and closed 1. As a result, as of the end of the third quarter of the current consolidated accounting period, we had 49 domestic stores, 23 in South Korea, 3 in Taiwan and 22 in China, for a total of 97 stores.」
China opened 9 stores but closed 1, leaving the number of stores unchanged at 22 from the end of the previous quarter. Store-opening activity in China continued, but did not result in a net increase. - FY2018-Q2AdvancedAnnual report
「During the second quarter of the current consolidated accounting period, 1 domestic store closed. Overseas, South Korea opened 1 store and closed 2, while China opened 4 stores. As a result, as of the end of the second quarter of the current consolidated accounting period, we had 51 domestic stores, 22 in South Korea, 3 in Taiwan and 22 in China, for a total of 98 stores.」
China opened 4 stores, increasing the number of stores from 18 at the end of the previous quarter to 22. - FY2018-Q1AdvancedAnnual report
「During the first quarter of the current consolidated accounting period, overseas operations saw South Korea open 1 store and close 1, while China opened 4 stores. As a result, as of the end of the first quarter of the current consolidated accounting period, we had 52 domestic stores, 23 in South Korea, 3 in Taiwan and 18 in China, for a total of 96 stores.」
China opened 4 stores during the quarter, increasing the number of stores from 14 at the end of June 2017 to 18. - FY2017AdvancedAnnual report
「During the current consolidated fiscal year, Japan opened 1 new store, Mod's Hair Sendai Nagamachi, and closed 14 stores. Overseas, South Korea opened 6 stores and closed 2, Taiwan opened 1 and closed 1, and China opened 14 and closed 1. As a result, as of the end of the consolidated fiscal year, we had 52 domestic stores, 23 in South Korea, 3 in Taiwan and 14 in China, for a total of 92 stores. As of the date of submission of this annual securities report, the number of stores in China was 18.」
The number of stores in China increased from 11 at the end of the third quarter to 14 at fiscal year-end and 18 as of the submission date. During the year, 14 stores opened and 1 closed. - FY2017-Q3AdvancedAnnual report
「In Japan, 14 stores closed. Overseas, South Korea opened 3 stores and closed 2, Taiwan opened 1 and closed 1, and China opened 10 stores. As a result, as of the end of the third quarter of the current consolidated accounting period, we had 51 domestic stores, 20 in South Korea, 3 in Taiwan and 11 in China, for a total of 85 stores.」
China opened 10 stores during the cumulative period, bringing the number of stores at the end of the quarter to 11. While the China business progressed, 14 domestic stores closed. - FY2017-Q2AdvancedAnnual report
「In China, as of the date of submission of this quarterly report, we operated a total of 11 stores, comprising 1 existing store in Beijing, 1 in Dalian, Liaoning Province, 2 in Shanghai, 2 in Chengdu, Sichuan Province, and 1 in Jinan, Shandong Province, plus 2 stores opened in Shanghai, 1 in Dalian and 1 in Chengdu in January this year.」
The number of stores in China increased from 7 at the end of the quarter to 11 as of the submission date, as store openings progressed toward the target of 100 stores in China set in the previous quarter. - FY2017-Q1RaisedAnnual report
「In China, as of the date of submission of this quarterly report, in addition to the existing Beijing Sanlitun store, we had opened 1 store in Dalian, Liaoning Province, and 2 stores in Shanghai, bringing the total to 4 stores. From later this year through early next year, we plan to open a further 7 stores: 2 in Shanghai, 1 in Dalian, 3 in Chengdu, Sichuan Province, and 1 in Jinan, Shandong Province. In China, we are working toward our goal of opening 100 stores domestically.」
The number of stores in China increased from the first store to 4, with a further 7 planned. In addition, the company has set an explicit target of 100 stores in China. - FY2016First statedAnnual report
「Overseas, in April 2016 we opened Mod's Hair Beijing Sanlitun, our first store in China. Using this opening as a foothold, we plan to pursue an active store rollout in China.」
We plan to actively expand our store network in China, starting with the opening of our first Chinese store in April 2016.