Profit Pressure from New Restaurant Opening Costs
First written in FY2019-Q2. 3 of 5 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2020-Q2.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2020-Q2MitigatedAnnual report
「As a result, total revenue from the leisure business was ¥1,364 million, down 2.9% year on year, while segment profit was ¥63 million, up 13.2% year on year, due to a decrease in expenses including restaurant opening costs.」
States that the decrease in expenses including restaurant opening costs reduced the impact of profit pressure from opening costs, as segment profit in the leisure business rose 13.2% year on year. - FY2020-Q1MitigatedAnnual report
「As a result, total revenue from the leisure business was ¥664 million, up 1.7% year on year, while segment profit was ¥32 million, up 227.8% year on year, due to a decrease in expenses including restaurant opening costs.」
States that the decrease in expenses including restaurant opening costs reduced the impact of profit pressure from opening costs, as segment profit in the leisure business rose 227.8% year on year. - FY2019MaterialisedAnnual report
「As a result, total revenue from the leisure business was ¥2,755 million, up 5.4% year on year, but segment profit was ¥141 million, down 25.2% year on year, partly because costs associated with opening new restaurants were recorded during the period.」
States, as full-year results, that costs associated with opening new restaurants were actually recorded and segment profit in the leisure business fell 25.2% year on year. - FY2019-Q3MaterialisedAnnual report
「As a result, revenue was ¥2,130 million, up 6.0% year on year, while segment profit was ¥113 million, down 26.6% year on year, partly because expenses associated with opening a new food-service outlet were recorded during the period.」
States that costs associated with opening new restaurants were actually recorded, resulting in a 26.6% year-on-year decline in segment profit in the leisure business. - FY2019-Q2MaterialisedAnnual report
「As a result, revenue was ¥1,405 million, up 4.6% year on year, while segment profit was ¥56 million, down 43.9% year on year, due in part to expenses associated with opening a new food-service outlet in April during the period.」
States that costs associated with opening new restaurants were actually incurred, resulting in a 43.9% year-on-year decline in segment profit in the leisure business.