Measures for Market-Area Exits and Branches with Declining Profitability
First written in FY2018-Q2. 12 of 19 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-06-18.
0 other companies' latest entry also says "Dropped".
- 2026-06-18DroppedShare Issuance and DisposalSuggests it is closing out
「We have discontinued our policy of expanding distribution channels by opening new sales offices and will instead expand distribution channels by strengthening our sales structure within existing trading areas.」
The company discontinued its policy of expanding distribution channels by opening new sales offices and, leaving ¥126 million already spent, reallocated the unspent ¥174 million to core system investment and capital investment aimed at improving efficiency. This event records the discontinuation of the policy without changing the canonical thread. - FY2023AdvancedAnnual report
「All locations; all divisions; investment related to opening new sales offices; 300; 3; proceeds from capital increase; April 2022 to March 2024; April 2022 to March 2024」
In addition to site restructuring and real estate sales, the company is advancing a total investment plan of ¥300 million related to opening new sales offices and has disclosed ¥3 million as the amount already paid. - FY2023-Q3AdvancedAnnual report
「At the end of the third quarter, tangible fixed assets had declined by ¥129 million following the sale of the land and buildings of the Yamashina sales office, among other factors, but total assets increased by ¥382 million from the end of the prior consolidated fiscal year to ¥6,222 million, due in part to increases of ¥189 million in cash and deposits and ¥233 million in accounts receivable.」
As part of the ongoing site restructuring and disposal of idle real estate, the company sold the land and building of the Yamashina Sales Office, reducing property, plant and equipment by ¥129 million. - FY2022ReframedAnnual report
「To acquire new customers, the group opened the Izumiotsu Sales Office, its first new sales office in approximately 11 years」
In addition to efficiency improvements through the closure, relocation, consolidation and closure of existing branches and sales offices, the focus of the site policy has expanded to include expanding distribution channels through the opening of a new sales office for the first time in approximately 11 years. - FY2022-Q1RestatedAnnual report
「Selling, general and administrative expenses increased by ¥13 million from the same quarter of the previous year to ¥628 million, as advertising expenses increased despite decreases in personnel expenses and rent resulting from the consolidation and closure of sales offices.」
While personnel expenses and rent continued to decline as a result of the consolidation and closure of sales offices, total selling, general and administrative expenses increased from the same period of the previous year due to higher advertising expenses. - FY2021AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥3 million from the previous fiscal year to ¥2.516 billion. This was mainly because personnel expenses, rent and other costs declined following the consolidation and closure of sales offices, although marketing expenses in digital areas, including television commercials, flyer distribution and listing advertisements, increased. The company recognized an impairment loss of ¥17 million on certain assets of branches for which it had decided to withdraw from their markets.」
The company reduced personnel expenses, rent and other costs through the consolidation and closure of sales offices, cutting selling, general and administrative expenses by ¥3 million. It also recognized impairment losses on certain assets of branches for which it decided to withdraw from their markets. - FY2021-Q3AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥38 million from the same quarter of the previous year to ¥1,863 million as a result of consolidating and closing sites and reviewing expenses overall and working to reduce costs.」
The company continued consolidating and closing sites and reviewing expenses overall, reducing selling, general and administrative expenses by ¥38 million from the same quarter of the previous year. The effects of improved management efficiency through site restructuring continued to be evident. - FY2021-Q2AdvancedAnnual report
「Selling, general and administrative expenses declined by ¥66 million from the same quarter of the previous year to ¥1.227 billion, as the consolidation of sales offices reduced labor and rent expenses.」
The company proceeded with the consolidation and closure of sales offices and reduced selling, general and administrative expenses by ¥66 million year on year by cutting personnel expenses and rent. The effects of improved management efficiency through site restructuring are evident. - FY2021-Q1AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥64 million from the same quarter of the previous year to ¥615 million as a result of consolidating and closing sales offices, which reduced personnel expenses and rent.」
The company proceeded with the consolidation and closure of sales offices and reduced selling, general and administrative expenses by ¥64 million year on year through lower personnel expenses and rent. - FY2020AdvancedAnnual report
「The number of employees decreased by 101 from the end of the previous consolidated fiscal year, mainly because the company proceeded with the consolidation and closure of sales offices to improve management efficiency.」
The company proceeded with the consolidation and closure of sales offices, reducing the consolidated employee count by 101 from the end of the previous fiscal year. The improvement in management efficiency through site restructuring is also reflected in the workforce structure. - FY2020-Q3RestatedAnnual report
「At the end of the third quarter of the current consolidated accounting period, current assets increased, mainly because cash and deposits increased. However, total assets decreased by ¥362 million from the end of the previous consolidated fiscal year to ¥5.745 billion, mainly because property, plant and equipment decreased following the sale of idle land associated with the consolidation and closure of sites.」
The sale of idle land associated with site consolidation and closure and the decrease in property, plant and equipment continued, reducing total assets by ¥362 million from the end of the previous fiscal year. This reconfirms progress in site restructuring and the disposal of idle real estate. - FY2020-Q2AdvancedAnnual report
「At the end of the second quarter, current assets increased due in part to higher cash and deposits, but total assets were ¥5,756 million, down ¥351 million from the end of the prior consolidated fiscal year, mainly because the company sold unused land associated with the consolidation and closure of operating sites, reducing tangible fixed assets.」
The company has progressed to the stage of selling idle land associated with the consolidation and closure of sales locations, concretely implementing site restructuring and the disposal of idle real estate. - FY2020-Q1AdvancedAnnual report
「At the end of the first quarter of the current consolidated accounting period, total assets increased by ¥2 million from the end of the previous consolidated fiscal year to ¥6.110 billion, mainly because property, plant and equipment increased in connection with the consolidation of sales locations, despite a decline in cash and deposits.」
The company carried out the consolidation of sales locations and explains that property, plant and equipment increased as a result. The policy of relocating, consolidating and closing sales locations announced in the previous fiscal year is progressing in concrete terms. - FY2019AdvancedAnnual report
「The group currently operates 45 sales offices. It will review this established organization from the perspectives of market potential, profitability and efficiency, and seek to improve its business structure through measures ranging from revising delivery routes and staffing allocations to relocating, consolidating and closing sales offices. It will proceed with the sale of real estate rendered idle by consolidation and closure, aiming to improve its financial condition.」
The company has specified its measures for branches and sales offices, including reviewing delivery routes and staffing allocations for the 45 sales offices, relocating and consolidating or closing offices, and selling real estate. - FY2019-Q2RestatedAnnual report
「During the first half of the current consolidated fiscal year, partly due to the effects of divisions closed or downsized in the previous fiscal year, sales of core menu products were ¥3.239 billion (83.8% of the same quarter of the previous year), while sales of promotional products were ¥185 million (123.9% of the same quarter of the previous year).」
The company explains that the effects of divisions closed or downsized in the previous fiscal year continued into the second quarter of the current fiscal year. Sales of core menu products were 83.8% of the same quarter of the previous year. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, partly due to the effects of divisions closed or downsized in the previous fiscal year, sales of products on the core menu were ¥1.650 billion (83.9% of the same quarter of the previous year), while sales of promotional products were ¥102 million (103.7% of the same quarter of the previous year).」
The company explains that the effects of divisions closed or downsized in the previous fiscal year continued to affect core menu sales in the current quarter. - FY2018AdvancedAnnual report
「Selling, general and administrative expenses decreased by ¥390 million from the prior fiscal year to ¥3,016 million. The main reason was the closure of the Tokyo branch to improve the efficiency of management resources.」
Regarding measures for branches withdrawing from their markets and branches with declining profitability, as indicated by the previous quarter, the company explains that it actually closed the Tokyo Branch and reduced selling, general and administrative expenses by ¥390 million year on year. - FY2018-Q3AdvancedAnnual report
「In addition, the Tokyo branch was closed to improve the efficiency of management resources, and an impairment loss of ¥527 million was recognized. As a result, the net loss attributable to owners of the parent was ¥652 million, compared with a net loss attributable to owners of the parent of ¥127 million in the same quarter of the previous year.」
The company has disclosed the actual closure of the Tokyo Branch as a measure addressing market coverage and profitability, moving from the decision to withdraw indicated in the previous quarter to concrete implementation. - FY2018-Q2First statedAnnual report
「For branches where a decision was made to withdraw from their markets and branches whose profitability from business activities had declined significantly, the carrying amounts were reduced to recoverable amounts, and the resulting reductions were recognized as an impairment loss of ¥527.066 million under extraordinary losses.」
For branches from whose markets withdrawal has been decided and branches whose profitability has declined significantly, the company has for the first time explicitly stated that it will reduce their carrying amounts to recoverable amounts.