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Arclands (9842) · RiskWorsened

Decline in same-store sales following the pullback in stay-at-home consumption

First written in FY2022-Q1. 3 of 7 entries say "Restated". Latest entry: FY2024-Q2.

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ProgressHeldSoftenedWorseMitigatedFY2022-Q3RestatedFY2022 – FY2024-Q12021: 320212022: 220222023: 22023
Same theme, other companies

Arclands moved to the "Worse" side of this theme in 2023.

0 other companies' latest entry also says "Worsened".

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  1. FY2024-Q2WorsenedAnnual report

    「Sales and operating revenue in the Other Retail segment amounted to ¥4,863 million, down 4.2% year on year, reflecting the end of stay-at-home consumption as demand for going out and leisure activities increased.」

    The reversal following the end of stay-at-home consumption continued, and revenue in the Other Retail segment declined 4.2% year on year. The rate of decline widened from the 3.8% decline reported in the previous quarter.
  2. FY2024-Q1RestatedAnnual report

    「Sales and operating revenue in the Other Retail segment amounted to ¥2,434 million, down 3.8% year on year, reflecting the end of stay-at-home consumption as demand for going out and leisure activities increased.」

    The impact of the reversal and end of stay-at-home consumption on same-store sales and the Other Retail segment continued to be disclosed, with revenue in the Other Retail segment down 3.8%.
  3. FY2023-Q1RestatedAnnual report

    「Same-store sales declined because of demand to prevent the spread of COVID-19 and the reversal of stay-at-home consumption」

    The decline in same-store sales caused by the reversal of stay-at-home consumption and other factors continues to be disclosed.
  4. FY2022RestatedAnnual report

    「Same-store sales were affected by the decline in demand to prevent the spread of COVID-19 and the reversal of stay-at-home consumption in the previous year, although the consolidation of Viva Home contributed.」

    The reversal of stay-at-home consumption and other factors continued to be disclosed, but no year-on-year comparison was provided because of the non-standard fiscal period.
  5. FY2022-Q3MitigatedAnnual report

    「Same-store sales declined 5.4% year on year because of the decline in demand to prevent the spread of COVID-19 and the reversal of stay-at-home consumption in the previous year, although the consolidation of Viva Home contributed.」

    The decline in same-store sales caused by the reversal of stay-at-home consumption and other factors narrowed from 7.7% for the cumulative second quarter to 5.4%. The reversal effect continues, but the rate of decline has eased.
  6. FY2022-Q2WorsenedAnnual report

    「Same-store sales declined 7.7% year on year because of the decline in demand to prevent the spread of COVID-19 and the reversal of stay-at-home consumption in the previous year, although the consolidation of Viva Home contributed.」

    The decline in same-store sales caused by the reversal of stay-at-home consumption and other factors widened from 4.4% in the first quarter to 7.7%.
  7. FY2022-Q1First statedAnnual report

    「Same-store sales declined 4.4% year on year because of the decline in demand to prevent the spread of COVID-19 and the reversal of stay-at-home consumption in the previous year.」

    The decline in demand to prevent the spread of infection and the reversal of stay-at-home consumption in the previous year were separately disclosed for the first time as a specific impact on results, namely a 4.4% decline in same-store sales.
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Decline in same-store sales following the pullback in stay-at-home consumption | ARCLANDS CORPORATION (9842) | Komori