Conversion to 2 segments: the Nitori business and the 島忠 business
First written in FY2022-Q1. 6 of 15 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026The 島忠 business turns profitableAnnual report
「島忠 business Revenue 119,596 110,273 △9,323 △7.8 (Revenue from external customers) (119,143) (108,699) (△10,444) (△8.8) Segment profit △1,288 7,212 8,500 －」
Although the 島忠 business reported lower revenue, it turned a segment loss of ¥1,288 million into a profit of ¥7,212 million. - FY2027-H1Nitori: lower sales, lower profit; 島忠: lower sales, higher profitAnnual report
「Nitori business Revenue 391,687 388,926 △2,761 △0.7 Segment profit 60,141 55,155 △4,985 △8.3 島忠 business Revenue 61,094 56,974 △4,120 △6.7 Segment profit 4,155 4,717 561 13.5」
During the current interim consolidated accounting period, the Nitori business reported lower revenue and lower profit, while the 島忠 business reported lower revenue but a 13.5% increase in segment profit, indicating divergent performance trends between the two businesses. - FY2025Nitori: higher sales, lower profit; 島忠: narrower lossAnnual report
「Nitori business Revenue 786,306 820,886 34,580 4.4 Segment profit 128,638 118,975 △9,663 △7.5 島忠 business Revenue 119,263 119,596 333 0.3 Segment profit △4,376 △1,288 3,088 △70.6」
In the current fiscal year, the Nitori business reported higher revenue but lower profit, while the 島忠 business posted a slight increase in revenue and its segment loss narrowed from ¥4,376 million to ¥1,288 million. - FY2026-H1Nitori: higher sales, higher profit; 島忠: higher sales, lower profitAnnual report
「Nitori business Net sales 361,827 390,201 28,373 7.8 Segment profit 53,141 56,589 3,448 6.5／島忠 business Net sales 59,407 61,094 1,687 2.8 Segment profit 1,722 1,058 △664 △38.6」
During the current interim consolidated accounting period, the Nitori business reported higher sales and higher profit, while the 島忠 business reported higher sales but a 38.6% decline in segment profit, indicating divergent performance trends between the two businesses. - FY2024Lower revenue and profit in both segmentsAnnual report
「Nitori business Net sales 821,782 785,404 △36,377 △4.4 Operating profit 135,329 125,075 △10,254 △7.6 島忠 business Net sales 134,664 119,263 △15,400 △11.4 Operating profit 4,112 2,108 △2,003 △48.7」
In the current consolidated fiscal year, both net sales and operating profit in the Nitori and 島忠 businesses were below the previous consolidated fiscal year, with operating profit in the 島忠 business declining particularly sharply, by 48.7%. - FY2024-Q4Diverging performance by segmentAnnual report
「Nitori business Revenue 544,712 579,571 34,859 6.4 Segment profit 91,112 94,856 3,743 4.1 島忠 business Revenue 92,461 91,169 △1,292 △1.4 Segment profit 3,494 2,600 △894 △25.6」
The Nitori business reported increases in both revenue and segment profit, while the 島忠 business reported declines in both, resulting in divergent performance trends between the 2 segments. - FY2024-Q3Lower profit in both segmentsAnnual report
「Nitori business Revenue 363,980 361,827 △2,152 △0.6 Segment profit 66,214 53,141 △13,073 △19.7 島忠 business Revenue 62,621 59,407 △3,214 △5.1 Segment profit 2,532 1,722 △810 △32.0」
During the first 6 months, both the Nitori business and the 島忠 business reported revenue and segment profit below the comparable period of the previous year, resulting in lower profit in both businesses. - FY2024-Q2AdvancedAnnual report
「Nitori business Revenue 187,348 190,217 2,868 1.5 (Revenue from external customers) (185,560) (188,005) (2,444) (1.3) Segment profit 35,942 31,715 △4,227 △11.8 島忠 business Revenue 31,139 30,576 △563 △1.8 (Revenue from external customers) (31,088) (30,498) (△589) (△1.9) Segment profit 983 1,116 133 13.6」
Under the 2-segment structure, revenue and segment profit for the Nitori business and the 島忠 business in the first quarter are disclosed. The Nitori business reported higher revenue and lower profit, while the 島忠 business reported lower revenue and higher profit. - FY2023-Q3AdvancedAnnual report
「Nitori business Revenue 544,712 Operating profit 91,112 島忠 business Revenue 92,461 Operating profit 3,494」
For the first 3 quarters of the current consolidated fiscal year, revenue of ¥544,712 million and operating profit of ¥91,112 million are disclosed for the Nitori business, and revenue of ¥92,461 million and operating profit of ¥3,494 million for the 島忠 business. - FY2023-Q2AdvancedAnnual report
「Nitori business Revenue 363,980 Operating profit 66,214 島忠 business Revenue 62,621 Operating profit 2,532」
For the first 6 months, revenue of ¥363,980 million and operating profit of ¥66,214 million are disclosed for the Nitori business, and revenue of ¥62,621 million and operating profit of ¥2,532 million for the 島忠 business. - FY2023-Q1AdvancedAnnual report
「Nitori business Revenue 187,348 Operating profit 35,942 島忠 business Revenue 31,139 Operating profit 983」
Under the 2-segment structure, revenue and operating profit for the Nitori business and the 島忠 business in the first quarter are disclosed. The Nitori business reported higher revenue but lower profit, while the 島忠 business reported lower revenue and lower profit. - FY2022AdvancedAnnual report
「The Group comprises segments based on 2 core operating companies, with the Nitori business and the 島忠 business designated as the 2 reportable segments.」
The 2-segment structure of the Nitori business and the 島忠 business has been established in full-year disclosures of revenue and operating profit. - FY2022-Q3RestatedAnnual report
「The Group's reportable segments had previously consisted of one segment, the furniture and interior-goods sales business. Following the consolidation of 株式会社島忠 as a subsidiary in the previous consolidated fiscal year, we changed the reportable segments at the end of that fiscal year to 2 segments: the Nitori business and the 島忠 business.」
The 2-segment structure comprising the Nitori business and the 島忠 business following the consolidation of 島忠 as a subsidiary is reconfirmed. - FY2022-Q2AdvancedAnnual report
「Nitori business Revenue 343,130 Operating profit 75,406 島忠 business Revenue 72,852 Operating profit 2,130」
Under the 2-segment structure, revenue and operating profit for the Nitori business and the 島忠 business during the first 6 months of the current fiscal year are disclosed. - FY2022-Q1First statedAnnual report
「The Group's reportable segments had previously consisted of one segment, the furniture and interior-goods sales business. Following the consolidation of 株式会社島忠 as a subsidiary in the previous consolidated fiscal year, we changed the reportable segments at the end of that fiscal year to 2 segments: the Nitori business and the 島忠 business.」
The company states that, following the consolidation of 島忠 as a subsidiary, it changed the reportable segments from the previous single segment to 2 segments: the Nitori business and the 島忠 business.