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Verite (9904) · InitiativeSoftened

Expansion of the “Velicia” shop-in-shop format

First written in FY2016. 5 of 12 entries say "Softened", first in FY2018. Latest entry: FY2026.

12entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2017SoftenedFY2018 – FY2021AdvancedFY2022SoftenedFY20242016: 320162017: 220172018: 120182019: 020192020: 020202021: 120212022: 120222023: 020232024: 120242025: 020252026: 32026
Same theme, other companies
Expansion of the “Velicia” shop-in-shop formatA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「Verite: 90 stores (up 7); Maharaja Diamond: 3 stores; MIMIKAZARI: 2 stores (up 1); verite: 1 store; Velicia: 12 stores (up 1).」

    The number of Velicia stores decreased to 12, from the 14 stores confirmed in the most recent annual disclosure.
  2. FY2024SoftenedAnnual report

    「Verite: 85 stores (up 5); Maharaja Diamond: 3 stores; MIMKAZARI: 1 store; Velicia: 14 stores (down 1).」

    The number of Velicia stores decreased by 1 to 14, from the previously confirmed 15 stores.
  3. FY2022AdvancedAnnual report

    「Verite: 76 stores (up 5); Maharaja Diamond: 3 stores (up 1); MiMiKaZaRi: 1 store; Velicia: 15 stores (up 1).」

    The number of Velicia stores increased by 1, from 14 stores in the previous fiscal year to 15.
  4. FY2021SoftenedAnnual report

    「Velicia: 14 stores (down 1).」

    “Velicia” continues to operate, but the number of stores decreased by 1, from 15 stores in the previous fiscal year to 14.
  5. FY2018SoftenedAnnual report

    「Verite: 69 stores (down 1); Maharaja Diamond: 5 stores; MiMiKaZaRi: 1 store; Velicia: 15 stores (down 1).」

    The company continues to develop “Velicia,” but had 15 stores at the end of the fiscal year, a decrease of 1 store.
  6. FY2017RestatedAnnual report

    「We have responded to customers’ diverse requests through the development of “Velicia,” a shop-in-shop format operated in collaboration with major general merchandise stores.」

    The company continues to develop “Velicia,” but no new progress, such as the number of stores in the current fiscal year, is reported.
  7. FY2017-Q3RestatedAnnual report

    「In terms of store operations, we have responded to customers’ diverse requests by strengthening information dissemination through social media, including Facebook, renovating existing stores, holding regional exhibitions hosted by individual stores, participating in various external events, and developing “Velicia,” a shop-in-shop format operated in collaboration with major general merchandise stores.」

    The company continues to develop “Velicia” in the shop-in-shop format in collaboration with major general merchandise stores, but no progress such as the addition of stores is reported.
  8. FY2017-Q2RestatedAnnual report

    「We have responded to customers’ diverse requests through the development of “Velicia,” a shop-in-shop format operated in collaboration with major general merchandise stores.」

    The company continues to develop “Velicia” in collaboration with major general merchandise stores, but no progress such as the addition of stores is reported.
  9. FY2017-Q1RestatedAnnual report

    「We have responded to customers’ diverse requests through the development of “Velicia,” a shop-in-shop format operated in collaboration with major general merchandise stores.」

    The company continues to develop “Velicia” in collaboration with major general merchandise stores, but no progress such as the addition of stores is reported.
  10. FY2016First statedAnnual report

    「We had been conducting test marketing of a new store format in the “Shop in Shop” model in collaboration with major general merchandise stores. On 1 December 2015, we began rolling out stores under the new shop brand name “Velicia” and operated 17 stores.」

    The company changed from test marketing through collaboration to the formal rollout in December 2015 and operation of 17 stores.
Moved together

"Impairment and Closure Risks at Unprofitable Stores" moved the same way as this thread, in the same document, in 4 of its 12 moves.

4322★1234
  1. ★This thread
  2. 1Impairment and Closure Risks at Unprofitable Stores4×
  3. 2Shareholder returns with a focus on stable dividends and balance-sheet strengthening3×
  4. 3Adjusting the Store Network Through Renovations, New Openings, and Closures2×
  5. 4Repayment Risk from Financial Covenants in Commitment Lines2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Verite yet. It last moved in the Earnings of 2026-05-13: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expansion of the “Velicia” shop-in-shop format | Verite Co.,Ltd. (9904) | Komori