Continued Capital Investment, Including New Store Openings
First written in FY2016. 37 of 38 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-16.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Total capital expenditures for the consolidated fiscal year were ¥12,188 million, as outlined below. ① Capital expenditures in the automotive and motorcycle products sales business, etc., totaled ¥11,112 million, including mainly ¥3,460 million for 21 new stores, ¥1,511 million for existing stores, ¥4,375 million for the acquisition of the Tohoku Distribution Center building, ¥725 million for computer systems and other capital expenditures.」
In the fiscal year ending March 2026, the company invested a total of ¥12,188 million in 21 new stores, existing stores, the Tohoku Distribution Center, computer systems and other areas. The acquisition cost of the Tohoku Distribution Center building was ¥4,375 million. - FY2026-H1AdvancedAnnual report
「① Business location (address): Hokkaido and Tohoku Branch (including the Tohoku Distribution Center) (Aoba Ward, Sendai, Miyagi Prefecture) ② Segment: Automotive and motorcycle products sales business, etc. ③ Description of facilities: Offices and warehouse ④ Carrying amount: Buildings, structures, etc. ¥4,375 million; total ¥4,375 million」
The company acquired the offices and warehouse of the Hokkaido and Tohoku Branch and the Tohoku Distribution Center, making an investment of ¥4,375 million in its logistics and operating infrastructure based on carrying value. Acquisitions of property, plant and equipment during the interim period totaled ¥6,203 million. - FY2025AdvancedAnnual report
「Total capital expenditures for the consolidated fiscal year were ¥9,326 million, as outlined below. ① Capital expenditures in the automotive and motorcycle products sales business, etc., totaled ¥9,202 million, including mainly ¥3,043 million for 18 new stores, ¥1,509 million for existing stores, ¥2,296 million for the acquisition of land and buildings for the Yellow Hat head office building, ¥247 million for computer systems and other capital expenditures.」
In the fiscal year ending March 2025, the company invested a total of ¥9,326 million in 18 new stores, existing stores, the head office building, computer systems and other areas in the automotive and motorcycle products sales business, etc. - FY2025-H1AdvancedAnnual report
「7 stores were opened: Matsuyama Takaoka store (Ehime Prefecture) in April 2024, Takahagi Inter store (Ibaraki Prefecture) and Tread Niigata Nagaoka store (Niigata Prefecture) in June, Tread Ishikawa Hakui store (Ishikawa Prefecture) and Itabashi Nishidai store (Tokyo) in August, Toyokawa Shimonagayama store (Aichi Prefecture) and Tread Niigata Shibata store (Niigata Prefecture) in September. 2 stores were closed: Takahagi store (Ibaraki Prefecture) in May 2024 and Tread 246 Susono store (Shizuoka Prefecture) in July.」
During the six-month consolidated period, 7 Yellow Hat stores and other stores were opened and 2 stores were closed, as the company continued to expand its store network and adjust its store portfolio. - FY2024AdvancedAnnual report
「Total capital expenditures for the consolidated fiscal year were ¥12,561 million, as outlined below. ① Capital expenditures in the automotive and motorcycle products sales business, etc., totaled ¥12,321 million, including mainly ¥3,777 million for 21 new stores, ¥1,442 million for existing stores, ¥2,159 million for the acquisition of buildings and structures at the Meiwa Town warehouse, ¥2,062 million for the acquisition of land for the Fukuoka City property, ¥1,087 million for computer systems and other capital expenditures.」
In the fiscal year ending March 2024, the company invested a total of ¥12,561 million in 21 new stores, the Meiwa Town warehouse, the Fukuoka City property, computer systems and other areas. - FY2024-Q2AdvancedAnnual report
「① Business location (address): Fukuoka City property (Higashi Ward, Fukuoka, Fukuoka Prefecture) ② Segment: Automotive and motorcycle products sales business, etc. ③ Description of facilities: Store land ④ Carrying amount: Land (area: 5,526.45 m²) ¥2,062 million; total ¥2,062 million」
The company acquired store land at the Fukuoka City property for ¥2,062 million and continued store-related facilities and real estate investment. - FY2024-Q1AdvancedAnnual report
「Selling, general and administrative expenses were ¥11,928 million, up 3.5% year on year, an increase of ¥399 million, due mainly to higher depreciation associated with capital expenditures on the POS system and increases in store operating costs, including personnel expenses and utilities.」
The company made capital expenditures on its POS system and disclosed the resulting increase in depreciation. Additional specific targets for store and facilities investment were identified. - FY2023AdvancedAnnual report
「Total capital expenditures for the consolidated fiscal year were ¥13,244 million, as outlined below. ① Capital expenditures in the automotive and motorcycle products sales business, etc., totaled ¥12,414 million, including mainly ¥3,759 million for 15 new stores, ¥1,496 million for existing stores, ¥979 million for the acquisition of land for the Sendai City property, ¥946 million for the acquisition of land for the Sapporo City property, ¥896 million for the acquisition of land for the Kobe City property, ¥858 million for the acquisition of land for the Koriyama City property, ¥588 million for computer systems and other capital expenditures.」
In the fiscal year ending March 2023, the company made total capital expenditures of ¥13,244 million. In the automotive and motorcycle products sales business, etc., it opened 15 new stores and invested in real estate acquisitions, systems and other areas. - FY2023-Q3AdvancedAnnual report
「9 stores were opened: Tread Sapporo Higashi Naebo store (Hokkaido) in April 2022, Koshu Enzan store (Yamanashi Prefecture) in July, Fuchu Nishihara store (Tokyo), Kitami Miwa store (Hokkaido), Otsu Taishogun store (Shiga Prefecture) and (new) Haramachi store (Fukushima Prefecture) in August, Meike Inter store (Niigata Prefecture) in October, and Shiratsuka store (Mie Prefecture) and Tread Kyoto Fushimi store (Kyoto Prefecture) in November. 9 stores were closed: Tread Sapporo Shiroishi store (Hokkaido) in April 2022, Kusatsu store (Shiga Prefecture) and Suzuka Tamagaki store (Mie Prefecture) in June, Fuchu Shiraito-dai store (Tokyo), Haramachi store (Fukushima Prefecture) and Tread Minami-Iwakuni store (Yamaguchi Prefecture) in August, Aeon Town Iga-Ueno store (Mie Prefecture) in September, Kawanoe store (Ehime Prefecture) in October and Tread Meito Takabari store (Aichi Prefecture) in December.」
From April to December 2022, 9 stores were opened and 9 stores were closed. The company also acquired land for the Sapporo City property for ¥946 million and the building of the Fuchu Nishihara store for ¥1,065 million, and continued to expand and reorganize its store network and invest in facilities. - FY2023-Q2AdvancedAnnual report
「6 stores were opened: Tread Sapporo Higashi Naebo store (Hokkaido) in April 2022, Koshu Enzan store (Yamanashi Prefecture) in July, Fuchu Nishihara store (Tokyo), Kitami Miwa store (Hokkaido), Otsu Taishogun store (Shiga Prefecture) and Shin-Haramachi store (Fukushima Prefecture) in August. 7 stores were closed: Tread Sapporo Shiroishi store (Hokkaido) in April 2022, Kusatsu store (Shiga Prefecture) and Suzuka Tamagaki store (Mie Prefecture) in June, Fuchu Shiraito-dai store (Tokyo), Haramachi store (Fukushima Prefecture) and Tread Minami-Iwakuni store (Yamaguchi Prefecture) in August, and Aeon Town Iga-Ueno store (Mie Prefecture) in September.」
From April to September 2022, 6 stores were opened and 7 stores were closed. In addition, facilities investment progressed, including ¥1,065 million for the building of the Fuchu Nishihara store. - FY2023-Q1AdvancedAnnual report
「① Business location (address): Sapporo City property (Chuo Ward, Sapporo, Hokkaido) ② Segment: Automotive and motorcycle products sales business, etc. ③ Description of facilities: Store facilities ④ Carrying amount: Land (area: 3,138.00 m²) ¥946 million; total ¥946 million」
During the first quarter, land for the Sapporo City property was acquired for ¥946 million, and investment in store-related facilities and real estate continued. - FY2022AdvancedAnnual report
「Total capital expenditures for the consolidated fiscal year were ¥8,347 million, as outlined below. ① Capital expenditures in the automotive and motorcycle products sales business, etc., totaled ¥6,086 million, including mainly ¥1,495 million for 16 new stores, ¥993 million for existing stores, ¥516 million for the acquisition of land and buildings at the Tokitsu Town property, ¥615 million for the acquisition of land at the Suminoe Ward property, ¥826 million for the acquisition of land and buildings at the Meiwa Town property, ¥404 million for computer systems and other capital expenditures.」
In the fiscal year ending March 2022, the company invested a total of ¥8,347 million in 16 new stores, real estate acquisitions, existing stores and systems. - FY2022-Q3AdvancedAnnual report
「In Japan, 4 stores were opened: Tread Okazaki Hanemachi store (Aichi Prefecture) in May 2021, Tread Iwakuni store (Yamaguchi Prefecture) in June, Kitakami Inter store (Iwate Prefecture) in July and Takasaki Kotori store (Gunma Prefecture) in September. 7 stores were closed: Iwakuni store (Yamaguchi Prefecture) and Suminoe store (Osaka Prefecture) in May 2021, Tread Moriyama Omori store (Aichi Prefecture) in July, Takasaki store (Gunma Prefecture) and Tread Tottori Tohaku store (Tottori Prefecture) in August, Tread Hyogo Tamba store (Hyogo Prefecture) in September and Tread Sapporo Kiyota store (Hokkaido) in October.」
From April to December 2021, stores were opened and closed, and format changes and relocations to sites with favorable conditions were also implemented. Ongoing store openings and facilities investment accompanying the reorganization of the store network progressed. - FY2022-Q1AdvancedAnnual report
「① Business location (address): Tokitsu Town property (Tokitsu Town, Nagasaki Prefecture) ② Segment: Automotive and motorcycle products sales business, etc. ③ Description of facilities: Store facilities ④ Carrying amount: Buildings ¥29 million; land (area: 4,326.45 m²) ¥487 million; total ¥516 million」
From April to June 2021, store facilities at the Tokitsu Town property were acquired, representing facilities and real estate investment of ¥29 million for the buildings, ¥487 million for the land and ¥516 million in total. - FY2021-Q3AdvancedAnnual report
「(1) Property name (location): Sumida Ward property (Sumida Ward, Tokyo) (2) Segment: Automotive and two-wheeler products sales business (3) Description of facilities: Store facilities (4) Carrying amount: Land (area: 1,907.59 m²), ¥908 million」
During the cumulative third quarter, land for the Sumida Ward property was acquired for ¥908 million. The company continues to invest in facilities and real estate related to the expansion of its store network. - FY2021-Q2AdvancedAnnual report
「In Japan, 9 stores were opened from April to September 2020: Tread Kasugai in April; Tottori Ekinan and Atsugi Okada in June; Tread Shirakawa Interchange and Hanno Soryu in July; New Minato Ward Jinbeidori, Toyama Iino, Tsuzuki Kawawacho and Hitsujigaoka-dori Nishioka in September.」
From April to September 2020, 9 stores were opened and 11 were closed in Japan. In addition, the company acquired the store facilities and land for the Yokohama Konan store and a property in Fuchu, and payments for the acquisition of property, plant and equipment in the first half totaled ¥5.661 billion, indicating continued investment in stores and facilities. - FY2020AdvancedAnnual report
「Total capital investment for the consolidated fiscal year was ¥9.437 billion, as summarized below. (1) Capital investment in the automotive and two-wheeler products sales business totaled ¥4.283 billion, including ¥1.271 billion for 26 new stores, ¥938 million for existing stores, ¥864 million for the acquisition of land and buildings for the Yellow Hat headquarters building and ¥821 million for the acquisition of land for a property in Ibaraki, as well as ¥48 million for computer systems and other capital investment.」
In the fiscal year ended March 2020, the company invested a total of ¥9.437 billion, including investment in 26 new stores in the automotive and two-wheeler products sales business and the acquisition of the headquarters building and a property in Ibaraki. - FY2020-Q3AdvancedAnnual report
「In Japan, 19 stores were opened from April to November 2019: Aratama Kitamachi in April; Tread Kobe Suzurandai in May; Tread Sapporo Kiyota and Daito Shinden in June; Hamamatsu Morita and Nishi-Tokyo Shinmachi in July; Frespo Inage in August; Rifu, Tread Sapporo Shinkotoni, Joyo Interchange, Sumoto Interchange, Omuta and Niimi Takao in September and October; Tread 246 Susono, Fukui Airport-mae, Tread Yamanashi Kofu, Tsu Takachaya, Nishi-Maizuru and Higashi-Omiya Marugasaki in November.」
From April to November 2019, 19 Yellow Hat stores were opened. 6 stores were also opened outside the Yellow Hat chain, concretely expanding the domestic store network, while 8 Yellow Hat stores and 3 other stores were closed to adjust the network. - FY2020-Q2AdvancedAnnual report
「In Japan, 10 stores were opened from April to September 2019: Aratama Kitamachi in April; Tread Kobe Suzurandai in May; Tread Sapporo Kiyota and Daito Shinden in June; Hamamatsu Morita and Nishi-Tokyo Shinmachi in July; Frespo Inage in August; and Rifu, Tread Sapporo Shinkotoni and Joyo Interchange in September. 5 stores were closed: Suzurandai in May; Gaikan Tondabayashi in June; Kichijoji in July; Iruma Miyadera in August; and Joyo in September.」
From April to September 2019, 10 stores were opened and 5 were closed in Japan. The company continued expanding and adjusting its store network, and recorded ¥3.042 billion in payments for the acquisition of property, plant and equipment during the six months ended the second quarter. - FY2020-Q1AdvancedAnnual report
「In Japan, 4 stores were opened from April to June 2019: Aratama Kitamachi (Shizuoka), Tread Kobe Suzurandai (Hyogo), Tread Sapporo Kiyota (Hokkaido) and Daito Shinden (Osaka). 2 stores were closed: Suzurandai (Hyogo) in May and Gaikan Tondabayashi (Osaka) in June.」
From April to June 2019, 4 stores were opened and 2 were closed in Japan. In addition, the company acquired the buildings, land and other assets of the Yellow Hat headquarters building for a total of ¥864 million, continuing its store expansion and investment in facilities and real estate. - FY2019AdvancedAnnual report
「Total capital investment for the consolidated fiscal year was ¥2.989 billion, as summarized below. (1) Capital investment in the automotive and two-wheeler products sales business totaled ¥2.908 billion, including ¥1.460 billion for 26 new stores, ¥785 million for existing stores, ¥341 million for the acquisition of land for the Chiryu Kamishigehara store, ¥119 million for the acquisition of land and buildings for a property in Nagoya's Minato Ward and ¥160 million for computer systems, as well as other capital investment.」
In fiscal 2018, the company made total capital investments of ¥2.989 billion, including investment in 26 new stores, and proceeded with the acquisition of land and buildings for properties including the Chiryu Kamishigehara store. - FY2019-Q3AdvancedAnnual report
「In Japan, 29 stores were opened from April to December 2018: Tread Dazaifu, Ojiya Interchange and Ibaraki Ota in April; Hiratsuka Tamura in June; Kishiwada Tajime, Tread Kyoto Kizugawa and Nisshin Takenoyama in July; Suzurandai, Tread Nagoya Takinomizu and Akashi Suzuricho in August; Tread Sukagawa, Tread Nasukarasuyama, Tread Hitachiomiya, Tread Otawara, Tread Fukushima-Nishi, Yomitan Oowan, Tread Maebashi-Minami, Kumiyama and Tread Tottori Sakaiminato in September; Tomei Miyoshi Interchange, Tread Hyogo Tamba, Benny Mall Goshogawara and Hashima Takehana in October; Route 10 Hetsugi, Tread Ishikawa Komatsu, Gobo Interchange, Yokosuka Miharu, Tread Chiba Kamagaya and Adachi Hokima in November and December. 7 stores were closed: Kosai Arai in June; Takinomizu in August; Sakaiminato, Goshogawara and Tamba Hikami in September; Kamagaya Hatsutomi and Adachi Rokucho in November.」
From April to December 2018, 29 stores were opened and 7 were closed in Japan. Store openings increased from 19 in the previous nine-month period, while the company continued expanding and adjusting its store network. - FY2019-Q2AdvancedAnnual report
「In Japan, 19 stores were opened from April to September 2018: Tread Dazaifu, Ojiya Interchange and Ibaraki Ota in April; Hiratsuka Tamura in June; Kishiwada Tajime, Tread Kyoto Kizugawa and Nisshin Takenoyama in July; Suzurandai, Tread Nagoya Takinomizu and Akashi Suzuricho in August; Tread Sukagawa, Tread Nasukarasuyama, Tread Hitachiomiya, Tread Otawara, Tread Fukushima-Nishi, Yomitan Oowan, Tread Maebashi-Minami, Kumiyama and Tread Tottori Sakaiminato in September.」
From April to September 2018, 19 stores were opened and 5 were closed in Japan. In addition, payments for the acquisition of property, plant and equipment totaled ¥2.344 billion, indicating continued investment in stores and facilities. - FY2019-Q1AdvancedAnnual report
「In Japan, 4 stores were opened in April and June 2018: Tread Dazaifu (Fukuoka), Ojiya Interchange (Niigata), Ibaraki Ota (Osaka) and Hiratsuka Tamura (Kanagawa). Kosai Arai (Shizuoka) was closed in June.」
From April to June 2018, 4 stores were opened and 1 was closed in Japan. The company continued expanding and adjusting its store network. - FY2018AdvancedAnnual report
「Total capital investment for the consolidated fiscal year was ¥4.746 billion, as summarized below. (1) Capital investment in the automotive and two-wheeler products sales business totaled ¥4.557 billion, including ¥2.963 billion for 45 new stores, ¥690 million for existing stores, ¥502 million for the acquisition of land for the Yokosuka Miharu property, ¥141 million for the acquisition of land for the Tendo property and ¥179 million for computer systems, as well as other capital investment.」
The company provides details of full-year capital investment of ¥4.746 billion, including ¥2.963 billion for 45 new stores and the acquisition of land for the Yokosuka Miharu and Tendo properties, among other ongoing investments. - FY2018-Q3AdvancedAnnual report
「In Japan, 26 stores were opened from April to November 2017: Fukui Owada, Eniwa Eo and Katsuyama Asahimachi in April; Tread Takatsuki, Satte Kamikoya and YMS Satte Kamikoya in May; Fushimi Shimotoba in June; Tokushima Aizumi, Kosai Arai, Saiki Tokiwa, Tread Tottori Tohaku and Atsubetsu-Nishi in July; Tread Yamanashi Ichinomiya in August; New Tread Kusatsu and Tomakomai Sumikawa in September; Tread Moriyama Omori, Tread Meito Takabari, Tread Mie Kawai, Aeon Mall Suzuka and Shari Aoba in October; and New Maki, Takinomizu, New Tread Akita Omagari, Tread Fukui Maruoka, Tread Niigata Maki and Edogawa Osugi in November. 8 stores were closed: YMS Ota in April; Tohaku in June; Yahatanishi in July; Tread Kusatsu in August; Tread Akita Omagari and Kawai in September; Maki in October; and Edogawa Kamishinozaki in November.」
Yellow Hat stores in Japan increased from 15 openings in the six months ended the second quarter to 26 openings. 7 stores were also opened outside the Yellow Hat chain, while the company continued opening and closing stores and adjusting its store network. - FY2018-Q2AdvancedAnnual report
「In Japan, 15 stores were opened from April to September 2017: Fukui Owada, Eniwa Eo and Katsuyama Asahimachi in April; Tread Takatsuki, Satte Kamikoya and YMS Satte Kamikoya in May; Fushimi Shimotoba, Tokushima Aizumi, Kosai Arai, Saiki Tokiwa, Tread Tottori Tohaku and Atsubetsu-Nishi in June and July; Tread Yamanashi Ichinomiya in August; and New Tread Kusatsu and Tomakomai Sumikawa in September. 6 stores were closed: YMS Ota in April; Tohaku in June; Yahatanishi in July; Tread Kusatsu in August; Tread Akita Omagari and Kawai in September.」
From April to September 2017, 15 stores were opened and 6 were closed in Japan. The company also acquired the land for the Yokosuka Miharu property for ¥502 million and continued investing in store and rental facilities. - FY2018-Q1AdvancedAnnual report
「In Japan, 7 stores were opened: Fukui Owada (Fukui), Eniwa Eo (Hokkaido) and Katsuyama Asahimachi (Fukui) in April 2017; Tread Takatsuki (Osaka), Satte Kamikoya (Saitama) and YMS Satte Kamikoya (Saitama) in May; and Fushimi Shimotoba (Kyoto) in June. 2 stores were closed: YMS Ota (Gunma) in April and Tohaku (Tottori) in June.」
From April to June 2017, 7 stores were opened and 2 were closed in Japan. The company is making concrete progress in its ongoing store expansion. - FY2017-Q3AdvancedAnnual report
「In Japan, 18 stores were opened: Hashimotodai (Kanagawa), Usa Karashima (Oita), Tread Shin-Yokohama Morooka (Kanagawa) and Tread Shimotsuma (Ibaraki) in April 2016; Kaga Kamomachi (Ishikawa) and Hyuga Zaikoji (Miyazaki) in June; Kurokawa, Kita Ward (Aichi), Fukui Itagaki (Fukui) and Kanoya Bypass (Kagoshima) in July; Tread Aizuwakamatsu (Fukushima) in August; Abashiri Omagari (Hokkaido), Takashima Adogawa (Shiga) and Yonago Yodoe (Tottori) in September; Yosa Amanohashidate (Kyoto), Vicks Oskuma (Nara) in October; Takamatsu Kokubunji (Kagawa) and Sakaiminato (Tottori) in November; and Funabashi Hanawa Interchange (Chiba) in December. 3 stores were closed: Fukui (Fukui) in April, Teine Akebono (Hokkaido) in May and Kagawa Kokubunji (Kagawa) in October. Recycling Market Yamagata (Yamagata) changed its business format to Tread Yamagata in April 2016. Overseas, Shanghai Jinshan (China) was closed in May. Outside the Yellow Hat stores, 6 stores were opened: SOX Hamamatsu-Minami (Shizuoka) in July, Sagamihara 2 Rinkan (Kanagawa) and SOX 246 Tsukushino (Tokyo) in September, SOX Sagamihara (Kanagawa) in October, Funabashi 2 Rinkan (Chiba) and SOX Funabashi (Chiba) in December. 1 store, Tsukushino 2 Rinkan (Tokyo), was closed in August.」
In the nine months ended the third quarter, 18 Yellow Hat stores and 6 two-wheeler products stores were opened in Japan, while a total of 4 stores were closed in Japan and overseas. The company also acquired the Yachiyo Owada property for ¥410 million and the Adachi Hirano property for ¥646 million, and continued investing in store and rental facilities. - FY2017-Q2AdvancedAnnual report
「In Japan, 13 stores were opened: Hashimotodai (Kanagawa), Usa Karashima (Oita), Tread Shin-Yokohama Morooka (Kanagawa) and Tread Shimotsuma (Ibaraki) in April 2016; Kaga Kamomachi (Ishikawa) and Hyuga Zaikoji (Miyazaki) in June; Kurokawa, Kita Ward (Aichi), Fukui Itagaki (Fukui) and Kanoya Bypass (Kagoshima) in July; Tread Aizuwakamatsu (Fukushima) in August; and Abashiri Omagari (Hokkaido), Takashima Adogawa (Shiga) and Yonago Yodoe (Tottori) in September. 2 stores were closed: Fukui (Fukui) in April and Teine Akebono (Hokkaido) in May. In April 2016, Recycling Market Yamagata (Yamagata) changed its business format to Tread Yamagata. Overseas, Shanghai Jinshan (China) was closed in May. Outside the Yellow Hat stores, 3 stores were opened: SOX Hamamatsu-Minami (Shizuoka) in July, Sagamihara 2 Rinkan (Kanagawa) and SOX 246 Tsukushino (Tokyo) in September. 1 store, Tsukushino 2 Rinkan (Tokyo), was closed in August.」
During the six months ended the second quarter, 13 Yellow Hat stores and 3 two-wheeler products stores were opened in Japan, while a total of 4 stores were closed in Japan and overseas. In addition, the company acquired the land for the Yachiyo Owada property for ¥410 million and continued investing in store and rental facilities. - FY2017-Q1AdvancedAnnual report
「In Japan, 6 stores were opened in April and June 2016: Hashimotodai (Kanagawa), Usa Karashima (Oita), Tread Shin-Yokohama Morooka (Kanagawa), Tread Shimotsuma (Ibaraki), Kaga Kamomachi (Ishikawa) and Hyuga Zaikoji (Miyazaki). 2 stores were closed: Fukui (Fukui) in April and Teine Akebono (Hokkaido) in May.」
During the quarter, 6 stores were opened and 2 were closed in Japan. The company also acquired the land for the Yachiyo Owada property for ¥410 million and continued investing in stores and rental facilities. - FY2016First statedAnnual report
「Total capital investment for the consolidated fiscal year was ¥4.251 billion, as summarized below. (1) Capital investment in the automotive and two-wheeler products sales business totaled ¥2.598 billion, including ¥1.726 billion for 61 new stores, ¥613 million for existing stores and ¥258 million for computer systems, as well as other capital investment.」
To respond to market changes and build a highly profitable business model, the company invested during the year in new stores, existing stores and systems.