Improving profitability through the relocation and renovation of directly operated large-format stores and rebuilding the flagship store
First written in FY2017-Q1. 19 of 32 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
M・H・GROUP LTD. moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「On 28 February 2026, the company opened E:terne Omiya, a new-brand salon specializing in hair coloring, as one of its new initiatives under the business alliance agreement with ECLART Co., Ltd. dated November 2025. As described above, the company also established mod's hair Academy as a new facility independent of the head office in connection with the relocation of the head office and began operating it in April 2026.」
A new-brand salon developed in collaboration with ECLART opened in February 2026, and the independent academy began operations in April 2026. - FY2026-H1Revenue rises, but higher raw material and labor costs reduce earningsAnnual report
「During the six-month period, revenue remained solid, but increased raw material prices and higher labor costs resulted in higher revenue and lower earnings year on year.」
Revenue in the company-operated salon operations business increased 0.8% year on year, while segment profit declined 30.6% due to higher raw material prices and labor costs. - FY2025-H1RestatedAnnual report
「Segment profit increased slightly year on year, helped by the effects of closing unprofitable stores in prior years and improving productivity.」
The company continues to benefit from earnings improvement in the company-operated salon operations business through the closure of unprofitable stores and productivity improvements. - FY2024AdvancedAnnual report
「For the fiscal year, the company-operated salon operations business reported revenue of ¥944.224 million, down 0.8% year on year, and segment profit of ¥70.496 million, up 5.9% year on year.」
Revenue at company-operated salons declined due to the effects of store closures, but segment profit increased 5.9% year on year owing to the recovery of existing stores and the effects of closing unprofitable stores. - FY2024-Q2AdvancedAnnual report
「Regarding results for the first half of the current fiscal year, existing salons followed a recovery trend and reported higher revenue than in the same period of the previous fiscal year as socioeconomic activity moved toward normalization. In addition, labor mobility among hairstylists has been increasing year by year, and although costs related to efforts to secure talented staff to enhance competitiveness in the post-COVID era were incurred ahead of the resulting benefits, segment profit increased, partly due to the integration benefits from salons closed at the end of the previous fiscal year.」
In addition to the recovery of existing stores, the benefits of consolidating stores closed at the end of the previous fiscal year emerged, resulting in revenue of ¥481.988 million and segment profit of ¥39.516 million for the company-operated salon operations business, increases in both revenue and earnings year on year. - FY2024-Q1Existing stores recover, but higher personnel recruitment costs lead to lower earningsAnnual report
「During the first three months of the fiscal year, existing-store performance continued to recover compared with the same period of the previous year as socioeconomic activity moved toward normalization, resulting in higher revenue. In addition, the labor turnover rate among hairdressers has been rising year by year, and costs related to efforts to secure talented staff have been incurred ahead of the benefits in order to enhance competitiveness in the post-COVID era, resulting in lower segment earnings.」
Existing stores generated higher revenue as they continued to recover, but the company-operated salon operations business posted lower earnings because costs related to securing hairdressers were incurred ahead of the benefits. - FY2023AdvancedAnnual report
「During the fiscal year, existing-store performance continued to recover compared with the same period of the previous year as socioeconomic activity moved toward normalization, and revenue and earnings increased, helped by the effects of closing unprofitable stores in prior years.」
The recovery of existing stores and the effects of closing unprofitable stores in prior years advanced the restructuring and earnings improvement of the company-operated salon operations business. - FY2023-Q3AdvancedAnnual report
「During the first nine months of the fiscal year, various measures implemented during the COVID-19 pandemic continued, and existing-store performance continued to recover compared with the same period of the previous year. Segment earnings were positive.」
As a result of continuing various measures implemented during the COVID-19 pandemic, existing-store performance at company-operated salons entered a recovery trend, and segment earnings turned positive. - FY2023-Q2AdvancedAnnual report
「During the first six months of the fiscal year, various measures implemented during the COVID-19 pandemic continued, and existing-store performance continued to recover compared with the same period of the previous year. Segment earnings were positive.」
As a result of continuing various measures implemented during the COVID-19 pandemic, existing-store performance at company-operated salons entered a recovery trend, and segment earnings turned positive. - FY2023-Q1AdvancedAnnual report
「During the first three months of the fiscal year, various measures implemented during the COVID-19 pandemic continued, and existing-store performance continued to recover compared with the same period of the previous year. Segment earnings, which had been negative in the same period of the previous year, turned positive.」
As a result of continuing various measures implemented during the COVID-19 pandemic, existing stores entered a recovery trend, and segment earnings in the company-operated salon operations business turned from a loss in the same period of the previous year to a profit. - FY2022AdvancedAnnual report
「During the fiscal year, various measures implemented during the COVID-19 pandemic bore fruit, and existing-store performance continued to recover compared with the same period of the previous year.」
Existing stores entered a recovery trend as a result of various measures implemented during the COVID-19 pandemic, and the company-operated salon operations business returned to a full-year segment profit. - FY2022-Q3RestatedAnnual report
「During the first nine months of the fiscal year, various measures implemented during the COVID-19 pandemic began to bear fruit, and existing-store performance continued to recover compared with the same period of the previous year.」
The company has continued to explain that various measures implemented during the COVID-19 pandemic have begun to bear fruit, putting existing-store performance at company-operated salons on a year-on-year recovery trend. - FY2022-Q2AdvancedAnnual report
「During the first six months of the fiscal year, customer traffic recovered following the lifting of the state of emergency, and existing-store performance continued to recover compared with the same period of the previous year. Meanwhile, revenue declined year on year due to the application of the Accounting Standard for Revenue Recognition and the closure of unprofitable stores. Segment earnings continued to recover year on year, resulting in a segment profit.」
The recovery in customer traffic following the lifting of the state of emergency put existing-store performance at company-operated salons and segment earnings on a recovery trend, turning segment earnings positive. - FY2022-Q1MitigatedAnnual report
「Meanwhile, revenue declined year on year due to the application of the Accounting Standard for Revenue Recognition and the closure of unprofitable stores. Although segment earnings were negative, the loss narrowed year on year.」
Following the application of the Accounting Standard for Revenue Recognition and the closure of unprofitable stores, the loss from the company-operated salon operations business narrowed year on year. - FY2021WorsenedAnnual report
「Despite the difficult conditions caused by the COVID-19 pandemic, the company is optimizing and rolling out initiatives that have produced results at its directly operated salons, including Beauty Salon C'est La Vie.」
While continuing to optimize measures that are producing results at company-operated salons, the company-operated salon operations business posted a full-year segment loss of ¥62.793 million, and the trend toward earnings improvement after the restructuring deteriorated. - FY2021-Q3WorsenedAnnual report
「The company-operated salon business reported revenue of ¥691.472 million for the first 9 months of the current fiscal year, down 17.3% year on year, and a segment loss of ¥50.284 million, compared with a segment loss of ¥13.927 million in the same period of the previous fiscal year.」
Following the improvement from the salon operations business rebuilding measures, revenue decreased 17.3% due to fewer customer visits and other effects of the pandemic, and the segment loss widened to ¥50.284 million. - FY2021-Q2WorsenedAnnual report
「The company-operated salon business reported revenue of ¥477.470 million for the first half of the current fiscal year, down 19.2% year on year, and a segment loss of ¥29.069 million, compared with segment profit of ¥11.199 million in the same period of the previous fiscal year.」
Despite the improvement trend from measures to rebuild large directly operated stores, revenue declined due to fewer customer visits and other effects of the COVID-19 pandemic, and the business turned to a segment loss. - FY2021-Q1WorsenedAnnual report
「The company-operated salon business reported revenue of ¥231.240 million for the first quarter of the current fiscal year, down 22.1% year on year, and a segment loss of ¥18.799 million, compared with segment profit of ¥7.548 million in the same period of the previous fiscal year.」
Despite the profitability improvement from the salon operations business rebuilding measures, revenue declined due to fewer customer visits, and the business turned from a profit in the same period of the previous year to a loss. - FY2020-Q3WorsenedAnnual report
「The company-operated salon business reported revenue of ¥835.693 million for the first 9 months of the current fiscal year, down 6.3% year on year, and a segment loss of ¥13.927 million, compared with segment profit of ¥42.716 million in the same period of the previous fiscal year.」
Despite the improvement trend from the salon operations business rebuilding measures, revenue declined due to the impact of new-store opening costs, the typhoon and a decrease in customer visits, and the business turned to a segment loss. - FY2020-Q2Lower profit due to new-store opening costs and a typhoonAnnual report
「For the first six months of the fiscal year, revenue in the directly operated salon business was ¥590.611 million, down 2.7% year on year, and segment income was ¥11.199 million, down 67.5%.」
The directly operated salon business saw lower revenue and profit due to the costs of opening the Mod's Hair MEN Yokohama Motomachi salon and the impact of temporary closures caused by a major typhoon. - FY2019AdvancedAnnual report
「For the fiscal year, the results of the rebuilding measures for the Mod's Hair salon operations, which had been pursued since the fiscal year before the previous fiscal year, began to show in productivity improvements and other areas, resulting in higher revenue and profit year on year. Revenue in the directly operated salon business was ¥1,195.790 million, up 0.7% year on year, and segment income was ¥48.649 million, up 150.2%.」
The results of productivity improvements from the rebuilding measures for the directly operated salon business emerged, with segment income up 150.2% year on year. - FY2019-Q3AdvancedAnnual report
「During the first nine months of the fiscal year, the results of the rebuilding measures for the Mod's Hair salon operations, which had been pursued since the fiscal year before the previous fiscal year, began to show in productivity improvements and other areas, resulting in higher revenue and profit year on year. Revenue in the directly operated salon business was ¥891.883 million, up 0.7% year on year, and segment income was ¥42.716 million, up 328.6%.」
The results of productivity improvements from the salon operations business rebuilding measures emerged, with segment income up 328.6% year on year. - FY2019-Q2AdvancedAnnual report
「For the first six months of the fiscal year, revenue in the directly operated salon business was ¥606.724 million, up 0.9% year on year, and segment income was ¥34.465 million, up 385.0%.」
The results of the salon operations business rebuilding measures and productivity improvements emerged, with segment income up 385.0% year on year. - FY2019-Q1AdvancedAnnual report
「The company-operated salon business reported revenue of ¥299.136 million for the first quarter of the current fiscal year, up 1.6% year on year, and segment profit of ¥16.154 million, compared with segment profit of ¥0.786 million in the same period of the previous fiscal year.」
The results of the salon operations business rebuilding measures emerged, and segment income increased from ¥0.786 million to ¥16.154 million. - FY2018AdvancedAnnual report
「For the fiscal year, revenue in the directly operated salon business was ¥1,187.236 million, up 8.9% year on year, and segment income was ¥19.447 million, compared with a segment loss of ¥48.114 million in the previous year.」
As a result of closing an unprofitable salon and implementing rebuilding measures, revenue in the directly operated salon business increased 8.9%, and the business turned from a segment loss in the previous fiscal year to income of ¥19.447 million. - FY2018-Q3AdvancedAnnual report
「During the first nine months of the fiscal year, the closure of the unprofitable Mod's Hair Jiyugaoka salon and the rebuilding measures for the Mod's Hair salon operations, which had been pursued since the previous fiscal year, resulted in revenue growth and improved profitability, leading to higher revenue and profit year on year. Revenue in the directly operated salon business was ¥885.604 million, up 9.6% year on year, and segment income was ¥9.966 million, compared with a segment loss of ¥46.433 million in the same period of the previous year.」
As a result of closing an unprofitable salon and implementing rebuilding measures, revenue in the directly operated salon business increased 9.6%, and the business turned from a segment loss in the same period of the previous year to income of ¥9.966 million. - FY2018-Q2AdvancedAnnual report
「During the first six months of the fiscal year, measures to rebuild the Mod's Hair salon operations, which had been pursued since the previous fiscal year, began to show results in revenue growth and improved profitability. Combined with the closure of the unprofitable Mod's Hair Jiyugaoka salon, this resulted in higher revenue and profit year on year. Revenue in the directly operated salon business was ¥601.178 million, up 8.7% year on year, and segment income was ¥7.106 million, compared with a segment loss of ¥19.306 million in the same period of the previous year.」
As a result of the rebuilding measures and the closure of an unprofitable salon, revenue in the directly operated salon business increased 8.7% year on year, and the business turned from a segment loss to segment income of ¥7.106 million. - FY2018-Q1AdvancedAnnual report
「During the first three months of the fiscal year, the company closed the Mod's Hair Jiyugaoka salon. Profitability began to improve gradually during the first three months, partly as a result of closing the unprofitable salon. Revenue in the directly operated salon business was ¥294.310 million, up 7.2% year on year, and segment income was ¥0.786 million, compared with a segment loss of ¥13.222 million in the same period of the previous year.」
After closing an unprofitable salon, the directly operated salon business turned from a segment loss in the same period of the previous year to segment income of ¥0.786 million. - FY2017RestatedAnnual report
「Although costs will temporarily be incurred ahead of the benefits of resolving these issues, the company is pursuing fundamental measures, including the reopening of the Mod's Hair Shinjuku South salon after renovation on 3 February, to strengthen the flagship stores' ability to communicate the brand, while focusing on rebuilding the Mod's Hair salon operations, the core of the Group's business.」
The company continues its policy of using large-store renovations to strengthen the flagship stores' ability to communicate the brand and rebuild the salon operations business. Renovation and relocation costs for the Shinjuku South and Kamiooka salons were incurred ahead of the benefits. - FY2017-Q3AdvancedAnnual report
「The company reopened the Mod's Hair Shinjuku South salon after renovation on 3 February and relocated and reopened the Mod's Hair Kamiooka salon after renovation on 3 March.」
In addition to the renovation of the Shinjuku South salon already completed, the company relocated and reopened the Kamiooka salon after renovation on 3 March 2017. - FY2017-Q2AdvancedAnnual report
「Although costs will temporarily be incurred ahead of the benefits of resolving these issues, the company is pursuing fundamental measures, including the reopening of the Mod's Hair Shinjuku South salon after renovation on 3 February, to strengthen the flagship stores' ability to communicate the brand, while focusing on rebuilding the Mod's Hair salon operations, the core of the Group's business.」
As a measure to improve the profitability of large directly operated stores, the company reopened the Mod's Hair Shinjuku South salon after renovation on 3 February 2017 and is working to strengthen the flagship stores' ability to communicate the brand and rebuild the salon operations business. - FY2017-Q1First statedAnnual report
「Although costs will temporarily be incurred ahead of the benefits of resolving these issues, the company is reviewing its management structure and pursuing fundamental measures, including relocating or renovating large directly operated stores, to strengthen the flagship stores' ability to communicate the brand, while focusing on rebuilding the Mod's Hair salon operations, the core of the Group's business.」
To improve profitability in the directly operated salon business, the company plans to review its management structure, relocate and renovate large stores, and strengthen the flagship stores' ability to communicate the brand.