Decline in Segment Profit Due to Temporary Costs Associated with Store Openings and Closures
First written in FY2018-Q3. 2 of 4 entries say "Dropped", first in FY2019. Latest entry: FY2020.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual report
「In the home improvement business, net sales declined slightly from the previous fiscal year, while segment profit increased, mainly due to reductions in personnel expenses, utilities expenses and depreciation.」
The one-time costs related to store openings and closures mentioned in the previous fiscal year are not listed as a factor behind the decline in segment profit for the current fiscal year. - FY2019DroppedAnnual report
「In the home improvement business, sales decreased year on year, while segment profit increased mainly due to reductions in selling, general and administrative expenses, including personnel expenses.」
The one-time expenses related to store openings and closures, which had been reported through the previous fiscal year, are not directly identified as a factor behind the decline in segment profit in the current fiscal year. - FY2018AdvancedAnnual report
「Operating profit, ordinary profit and net profit decreased significantly, mainly due to one-time expenses related to the closure of 1 store and the opening of 3 stores.」
The one-time expenses related to store openings and closures are described as a factor behind the full-year decline in profit, with the affected stores specified as 1 closure and 3 openings. - FY2018-Q3First statedAnnual report
「Segment profit decreased significantly, mainly due to one-time expenses related to store openings and closures.」
One-time expenses associated with store openings and closures are identified for the first time as a factor behind the significant decline in segment profit in the home improvement business.