Delayed monetization of new and converted company-operated salons
First written in FY2016. 12 of 31 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「The company-operated salon business reported revenue of ¥958.229 million for the current fiscal year, up 3.3% from the previous fiscal year, and segment profit of ¥32.925 million, down 42.5%.」
Although company-operated salons maintained higher revenue, segment profit declined 42.5% due to raw material prices, labor costs, and the costs of opening new salons and an academy. - FY2025RestatedAnnual report
「Regarding results for the current fiscal year, existing salons performed steadily, but revenue and profit declined due to lower revenue from closed salons and the impact of a decrease in the number of operating stylists resulting from maternity leave, resignations and other factors.」
Although unprofitable salons were closed and existing salons performed steadily, the improvement in company-operated salon profitability has paused due to the impact of closed salons and the decline in staffing. - FY2025-H1RestatedAnnual report
「The company-operated salon business reported revenue of ¥474.310 million for the first half of the current fiscal year, down 1.6% year on year, and segment profit of ¥39.635 million, up 0.3% year on year.」
Although revenue declined due to closed salons and a decrease in the number of operating stylists, segment profit increased slightly as a result of the effects of closing unprofitable salons in prior fiscal years and improving productivity. - FY2024-Q3MitigatedAnnual report
「As socioeconomic activity moved toward normalization, existing salons followed a recovery trend and reported higher revenue than in the same period of the previous fiscal year. 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.」
The profitability of the company-operated salon business improved as a result of the recovery of existing salons and the integration benefits from salons closed at the end of the previous fiscal year, despite the upfront costs of securing talented staff. - 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.」
Existing-salon recovery and the integration benefits from salons closed at the end of the previous fiscal year resulted in higher segment profit despite the upfront costs of securing talented staff. - FY2023AdvancedAnnual report
「The company-operated salon business reported revenue of ¥952.061 million for the current fiscal year, up 8.3% year on year, and segment profit of ¥66.575 million, up 231.3% year on year.」
The company-operated salon business reported higher revenue and profit as a result of closing unprofitable salons and the recovery of existing salons, with segment profit up 231.3% year on year. - FY2023-Q3AdvancedAnnual report
「The company-operated salon business reported revenue of ¥703.650 million for the first 9 months of the current fiscal year, up 9.1% year on year, and segment profit of ¥47.079 million, up 777.0% year on year.」
The company-operated salon business reported higher revenue, and segment profit rose to ¥47.079 million, up 777.0% year on year. Profitability, including at new and converted company-operated salons, continues to improve. - FY2023-Q2AdvancedAnnual report
「The company-operated salon business reported revenue of ¥478.072 million for the first half of the current fiscal year, up 7.3% year on year, and segment profit of ¥35.628 million, up 338.3% year on year.」
The company-operated salon business reported a 7.3% year-on-year increase in revenue, while segment profit rose to ¥35.628 million, up 338.3% year on year. Profitability, including at new and converted company-operated salons, continues to improve. - FY2023-Q1AdvancedAnnual report
「The company-operated salon business reported revenue of ¥230.206 million for the first quarter of the current fiscal year, up 8.3% year on year, and segment profit of ¥17.176 million, compared with a segment loss of ¥8.146 million in the same period of the previous fiscal year.」
The company-operated salon business swung from a loss in the same period of the previous fiscal year to profit of ¥17.176 million, while revenue also increased 8.3%. Profitability associated with achieving profitability at new and converted company-operated salons improved. - FY2022AdvancedAnnual report
「The company-operated salon business reported revenue of ¥879.227 million for the current fiscal year, down 5.1% year on year, and segment profit of ¥20.096 million, compared with a segment loss of ¥62.793 million in the previous fiscal year.」
The company-operated salon business swung from a loss of ¥62.793 million in the previous fiscal year to profit of ¥20.096 million, and profitability improved. - FY2022-Q3RestatedAnnual report
「The company-operated salon business reported revenue of ¥644.919 million for the first 9 months of the current fiscal year, down 6.7% year on year, and segment profit of ¥5.368 million, compared with a segment loss of ¥50.284 million in the same period of the previous fiscal year.」
The company-operated salon business maintained its return to profit from a loss in the same period of the previous fiscal year, and profitability continues to improve. - FY2022-Q2MitigatedAnnual report
「The company-operated salon business reported revenue of ¥445.418 million for the first half of the current fiscal year, down 6.7% year on year, and segment profit of ¥8.127 million, compared with a segment loss of ¥29.069 million in the same period of the previous fiscal year.」
Although revenue declined due to the application of the revenue recognition accounting standard and the closure of unprofitable salons, the company-operated salon business swung from a loss of ¥29.069 million in the same period of the previous fiscal year to profit of ¥8.127 million. - FY2022-Q1MitigatedAnnual report
「The company-operated salon business reported revenue of ¥212.610 million for the first quarter of the current fiscal year, down 8.1% year on year, and a segment loss of ¥8.146 million, compared with a segment loss of ¥18.799 million in the same period of the previous fiscal year.」
Although the company-operated salon business reported lower revenue, the segment loss narrowed from ¥18.799 million to ¥8.146 million, indicating improved profitability compared with the same period of the previous fiscal year. - FY2021WorsenedAnnual report
「The company-operated salon business reported revenue of ¥926.565 million for the current fiscal year, down 9.9% year on year, and a segment loss of ¥62.793 million, compared with a segment loss of ¥35.253 million in the previous fiscal year.」
The company-operated salon business reported lower revenue, and the segment loss widened from ¥35.253 million to ¥62.793 million. - 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.」
The company-operated salon business saw both the decline in revenue and the segment loss widen compared with the same period of the previous fiscal year, further worsening the profitability and achievement-of-profitability issues, including at new and converted company-operated salons. - 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.」
The company-operated salon business swung from profit in the same period of the previous fiscal year to a loss of ¥29.069 million, and the trend toward improved profitability, including at new and converted company-operated salons, deteriorated. - 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.」
The company-operated salon business swung from segment profit in the same period of the previous fiscal year to a loss of ¥18.799 million, and the trend toward improved profitability and achievement of profitability deteriorated. - 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.」
The business swung from segment profit in the same period of the previous fiscal year to a loss of ¥13.927 million, and the trend toward improved profitability and achievement of profitability deteriorated. - FY2019MitigatedAnnual report
「The company-operated salon business reported revenue of ¥1,195.790 million for the current fiscal year, up 0.7% year on year, and segment profit of ¥48.649 million, up 150.2% year on year.」
As a result of the turnaround measures for the salon business and improved productivity, segment profit increased 150.2% year on year, and profitability continues to improve. Meanwhile, an impairment loss of ¥14.820 million was recognized for 1 company-operated salon with low profitability. - FY2019-Q3MitigatedAnnual report
「The company-operated salon business reported revenue of ¥891.883 million for the first 9 months of the current fiscal year, up 0.7% year on year, and segment profit of ¥42.716 million, up 328.6% year on year.」
As a result of the turnaround measures for the salon business and improved productivity, segment profit increased 328.6% year on year, and profitability continues to improve. - FY2019-Q2MitigatedAnnual report
「The results of the turnaround measures for the Mods Hair salon business implemented since the fiscal year before last have also contributed to improved productivity, resulting in higher revenue and profit compared with the same period of the previous fiscal year.」
The turnaround measures for the salon business and improved productivity have sustained the improvement in profitability associated with the delay in achieving profitability at company-operated salons. - FY2019-Q1MitigatedAnnual 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 company-operated salon business reported higher revenue and profit, and profitability associated with the delay in achieving profitability at new and converted company-operated salons continues to improve. - FY2018MitigatedAnnual report
「During the current fiscal year, revenue and profit increased compared with the previous fiscal year, as the closure of the unprofitable Mods Hair Jiyugaoka salon and the turnaround measures for the Mods Hair salon business implemented since the previous fiscal year contributed to sales growth and improved profitability.」
The profitability of the company-operated salon business associated with the delay in achieving profitability improved as a result of closing unprofitable salons and implementing turnaround measures for the salon business. - FY2018-Q3MitigatedAnnual report
「During the first 9 months of the current fiscal year, revenue and profit increased compared with the same period of the previous fiscal year, as the closure of the unprofitable Mods Hair Jiyugaoka salon and the turnaround measures for the Mods Hair salon business implemented since the previous fiscal year contributed to sales growth and improved profitability.」
The profitability of the company-operated salon business associated with the delay in achieving profitability improved as a result of closing unprofitable salons and implementing turnaround measures for the salon business. - FY2018-Q2MitigatedAnnual report
「During the first half of the current fiscal year, the turnaround measures for the Mods Hair salon business implemented since the previous fiscal year began to contribute to sales growth and improved profitability. As a result of closing the unprofitable Mods Hair Jiyugaoka salon, revenue and profit increased compared with the same period of the previous fiscal year.」
The turnaround measures for the salon business and the closure of unprofitable salons have contributed to sales growth and improved profitability. - FY2018-Q1MitigatedAnnual report
「Regarding results for the first quarter of the current fiscal year, profitability has begun to improve gradually, in part because the unprofitable Mods Hair Jiyugaoka salon was closed.」
Profitability in the company-operated salon business has gradually improved, partly as a result of closing unprofitable salons. - FY2017RestatedAnnual report
「The profitability of the 4 stores in total, comprising the 2 stores converted from BS salons to company-operated salons during the previous fiscal year and the 2 newly opened stores, improved compared with the previous fiscal year, but all of them reported operating losses.」
Although the profitability of the 4 new and converted stores improved, all stores were still reporting operating losses at the end of the fiscal year, and the delay in achieving profitability had not been resolved. - FY2017-Q3RestatedAnnual report
「Although the profitability of these 4 stores improved from the previous fiscal year, all of them continued to post operating losses. In addition, profitability at existing stores temporarily declined because of stylist departures and other factors, with the impact particularly pronounced at large stores, and the losses from these stores could not be offset, resulting in a segment operating loss.」
Although the profitability of the 4 newly opened or converted stores improved, all continued to post operating losses, and the delay in monetization remains unresolved. - FY2017-Q2RestatedAnnual report
「Although the profitability of these 4 salons improved from the previous fiscal year, all recorded operating losses. In addition, profitability at existing salons temporarily declined due to the departure of stylists and other factors, with the impact particularly pronounced at large salons. As a result, the segment recorded an operating loss because this was insufficient to offset those operating losses.」
Although the profitability of the 4 newly opened or converted stores improved from the previous fiscal year, all continued to post operating losses, and the delay in monetization remains unresolved. - FY2017-Q1MitigatedAnnual report
「Although the profitability of these 4 stores improved from the previous fiscal year, all of them continued to post operating losses. In addition, the temporary decline in profitability at existing stores due to stylist departures and other factors meant that the losses from the aforementioned 4 stores could not be offset, and the segment recorded an operating loss.」
Although the profitability of the 4 newly opened or converted stores improved from the previous fiscal year, all continued to post operating losses, and the delay in monetization has not been resolved. - FY2016First statedAnnual report
「In the company-operated salon business, the monetization of newly opened salons and salons converted from BS salons was significantly delayed, causing profitability to deteriorate and placing a substantial burden on Group-wide earnings.」
A delay in monetizing 4 newly opened or converted stores actually occurred, and the company-operated salon business recorded a segment loss of ¥26,026 thousand.