Komori
Sundrug (9989) · FactRestated

Existing-store sales exceeded the year-earlier period

First written in FY2017-Q1. 9 of 19 entries say "Restated". Latest entry: FY2024-Q3.

19entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseSoftenedFY2018-Q3 – FY2018RestatedFY2019 – FY2024-Q32016: 220162017: 320172018: 220182019: 120192020: 120202021: 320212022: 420222023: 220232024: 1
Same theme, other companies
Trends in Existing-Store Sales versus the Previous YearA theme 66 companies write about · 13 as a headwind · 51 as a tailwind

The whole theme swung hardest in 2020: 17 of 49 companies on the "Worse" side.

3 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 66 companies compared. The sentences above are computed from all 66.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3RestatedAnnual report

    「In addition to the gradual recovery of inbound demand to approximately 60% of pre-COVID levels, existing-store sales remained firm, supported by recovering demand for cosmetics and cold medicines as opportunities to go out increased. In addition to continued strong sales of food and pet products, existing-store sales remained firm and revenue exceeded the year-earlier period, owing in part to the recovery in demand for cold medicines.」

    Existing-store sales remained firm and exceeded the year-earlier period in both the drugstore and discount store businesses.
  2. FY2024-Q2RestatedAnnual report

    「Existing-store sales remained firm, supported by recovering cosmetics demand as opportunities to go out increased and by the recovery in demand for cold medicines. In addition to continued strong food sales, existing-store sales remained firm and revenue exceeded the year-earlier period, owing in part to increased demand for pet products and cold medicines.」

    Existing-store sales remained firm and exceeded the year-earlier period in both the drugstore and discount store businesses.
  3. FY2024-Q1Both businesses reported increases in revenue and profitAnnual report

    「Revenue in the drugstore business was ¥119.343 billion, up 10.0% year on year, and operating profit was ¥6.012 billion, up 6.7%, resulting in increases in both revenue and profit. Revenue in the discount store business was ¥75.928 billion, up 7.9% year on year, and operating profit was ¥3.887 billion, up 13.6%, also resulting in increases in both revenue and profit.」

    Revenue and operating profit exceeded the year-earlier period in both the drugstore and discount store businesses. In contrast to the divergence in profit trends by business segment seen in the previous fiscal year, both businesses reported increases in revenue and profit.
  4. FY2023-Q2Both businesses reported higher revenue, but profit trends divergedAnnual report

    「Revenue in the drugstore business was ¥219.953 billion, up 2.1% year on year, and operating profit was ¥11.806 billion, down 0.5%. Revenue in the discount store business was ¥143.931 billion, up 7.3% year on year, and operating profit was ¥6.705 billion, up 10.5%, resulting in increases in both revenue and profit.」

    Revenue exceeded the year-earlier period in both businesses, but the drugstore business reported lower operating profit, while the discount store business reported increases in both revenue and profit.
  5. FY2023-Q1Divergence by business segment into revenue declines and increasesAnnual report

    「Revenue in the drugstore business was ¥108.490 billion, down 0.5% year on year, and operating profit was ¥5.636 billion, down 8.7%. Revenue in the discount store business was ¥70.354 billion, up 5.5% year on year, and operating profit was ¥3.422 billion, down 0.0%.」

    The drugstore business reported lower revenue and profit, while the discount store business reported higher revenue but flat operating profit, confirming a performance disparity by business segment.
  6. FY2022RestatedAnnual report

    「On the other hand, revenue exceeded the previous fiscal year, owing in part to active store remodeling, including the introduction of fresh food, and the completion of declines in inbound and cosmetics demand.」

    Although factors suppressing demand remained in the drugstore business, revenue exceeded the previous fiscal year due to store remodeling and the completion of the decline in demand.
  7. FY2022-Q3RestatedAnnual report

    「The drugstore business remained weak due to unsettled weather, sluggish cold medicine sales as masks became commonplace, the temporary reactionary decline in demand for infection-prevention products and food, daily necessities and other products associated with stay-at-home consumption in the year-earlier period, the continued loss of inbound demand at station-front stores, and lower cosmetics demand during the COVID-19 pandemic. On the other hand, revenue exceeded the year-earlier period, owing in part to active store remodeling, including the introduction of fresh food, and the completion of declines in inbound and cosmetics demand.」

    Although factors suppressing demand continued in the drugstore business, revenue exceeded the year-earlier period due to store remodeling and the completion of the decline in demand.
  8. FY2022-Q2RestatedAnnual report

    「Revenue in the drugstore business was ¥215.523 billion, up 2.5% year on year, and operating profit was ¥11.860 billion, down 12.4%. Revenue in the discount store business was ¥134.129 billion, up 5.2% year on year, and operating profit was ¥6.068 billion, down 1.1%.」

    Revenue exceeded the year-earlier period in both the drugstore and discount store businesses, while operating profit declined in both.
  9. FY2021Divergence by business segmentAnnual report

    「Revenue in the drugstore business was ¥422.251 billion, down 1.2% year on year, and operating profit was ¥25.043 billion, down 9.4%. Revenue in the discount store business was ¥255.714 billion, up 11.2% year on year, and operating profit was ¥12.312 billion, up 37.4%, resulting in increases in both revenue and profit.」

    The business-segment disparity was also evident for the full year, with the drugstore business reporting lower revenue and profit while the discount store business reported higher revenue and profit.
  10. FY2021-Q3RestatedAnnual report

    「In the drugstore business, suburban stores performed steadily as the spread of COVID-19 increased demand for infection-prevention products such as masks and disinfectant, as well as for food, daily necessities and other products associated with stay-at-home consumption. However, sales fell below the year-earlier period at station-front stores, particularly those in urban entertainment districts, due to the loss of inbound demand, lower cosmetics sales resulting from telework and working from home, and fewer customers because of restrictions on going out. In the discount store business, as in the drugstore business, sales of food, fresh food and other products performed well as the spread of COVID-19 increased demand for infection-prevention products such as masks and disinfectant, as well as for stay-at-home consumption, and sales exceeded the year-earlier period.」

    The business-segment disparity has continued, with the drugstore business below the year-earlier period and the discount store business above it.
  11. FY2021-Q2Divergence by business segmentAnnual report

    「In the drugstore business, suburban stores performed steadily as the spread of COVID-19 increased demand for infection-prevention products such as masks and disinfectant, as well as for food, daily necessities and other products associated with stay-at-home consumption. However, sales fell below the year-earlier period due to the loss of inbound demand, fewer customers at station-front stores as lifestyles changed with the shift to working from home and restrictions on going out, weak seasonal products due to unsettled summer weather, and the reactionary decline following the rush in demand before last year's consumption tax increase. In the discount store business, although there was a reactionary decline following the rush in demand before last year's consumption tax increase, demand for infection-prevention products such as masks and disinfectant, as well as for food, daily necessities and other products associated with stay-at-home consumption, increased substantially, as in the drugstore business. Sales performed well, particularly at large stores handling fresh food, and exceeded the year-earlier period.」

    The sales trend by existing stores and business segment diverged, with the drugstore business below the year-earlier period and the discount store business above it.
  12. FY2019RestatedAnnual report

    「Although sales were negatively affected by weak seasonal products and a decline in bulk purchases by businesses, we actively remodeled existing stores and focused on strengthening sales.」

    Existing-store remodeling and sales-enhancement efforts continued, but the effects of weak seasonal products and a decline in bulk purchases were also noted. An increase in existing-store sales over the previous year was not explicitly stated.
  13. FY2018SoftenedAnnual report

    「Although sales were negatively affected by weather and other factors, we focused on actively remodeling existing stores and strengthening sales of food and other products.」

    For the full year, efforts to remodel existing stores and strengthen food sales were described, but it was not explicitly stated that existing-store sales in both businesses exceeded the previous year. Negative effects from weather and other factors were noted.
  14. FY2018-Q3SoftenedAnnual report

    「In the drugstore business, we addressed inbound demand, actively remodeled stores and focused on sales of food and other products. However, some seasonal merchandise remained weak, due in part to repeated periods of unsettled weather, including prolonged rain and typhoons. In the discount store business, existing-store sales exceeded the previous year, owing in part to continued efforts to strengthen pharmaceutical sales, active remodeling and a focus on sales of food and other products.」

    Until the previous quarter, the disclosures stated that existing-store sales exceeded the previous year in both businesses. This time, however, an increase over the previous year was explicitly stated only for the discount store business, while weak performance by seasonal merchandise was noted for the drugstore business.
  15. FY2018-Q2RestatedAnnual report

    「In the drugstore business, some summer seasonal merchandise remained weak due to the effects of unsettled weather this summer. However, existing-store sales exceeded the previous year, owing in part to measures addressing inbound demand, active remodeling and a focus on sales of food and other products. In the discount store business, existing-store sales exceeded the previous year, owing in part to continued efforts to strengthen pharmaceutical sales, active remodeling and a focus on sales of food and other products.」

    Existing-store sales have continued to exceed the previous year in both the drugstore and discount store businesses.
  16. FY2018-Q1AdvancedAnnual report

    「In the drugstore business, although sales were affected by slower sales of inbound-related products, existing-store sales exceeded the year-earlier period, owing in part to continued active store remodeling and a focus on sales of food and other products. In the discount store business, existing-store sales exceeded the year-earlier period, owing in part to our continued focus on sales of pharmaceuticals, food and other products.」

    Although existing-store sales in the drugstore business were below the year-earlier period for the full previous fiscal year, they exceeded the year-earlier period in the current quarter, resulting in both businesses exceeding the year-earlier period.
  17. FY2017RestatedAnnual report

    「In the drugstore business, we actively remodeled stores, including conversions to different formats, and continued to focus on sales of food and other products. However, existing-store sales were slightly below the year-earlier period, due in part to the effects of unsettled weather and slower sales of inbound-related products. In the discount store business, existing-store sales exceeded the year-earlier period, owing in part to our continued focus on sales of pharmaceuticals, food and other products.」

    The business-segment disparity continued, with existing-store sales below the year-earlier period in the drugstore business and above it in the discount store business.
  18. FY2017-Q2Divergence by business segmentAnnual report

    「In the drugstore business, we actively remodeled stores and focused on sales of food and other products. However, existing-store sales were slightly below the year-earlier period, due in part to the effects of unsettled weather and slower sales of inbound-related products. In the discount store business, seasonal merchandise, including summer-related products, performed well, partly due to the prolonged midsummer conditions in western Japan. In addition, existing-store sales exceeded the year-earlier period, owing in part to our continued focus on sales of pharmaceuticals, food and other products.」

    Existing-store sales diverged in the second quarter: the drugstore business fell below the year-earlier period, while the discount store business exceeded it, compared with an overall year-on-year increase in the first quarter.
  19. FY2017-Q1First statedAnnual report

    「Existing-store sales exceeded the year-earlier period, owing in part to the active remodeling of stores and the focus on sales of food and other products.」

    Record that existing-store sales exceeded the year-earlier period in connection with store remodeling and the focus on food sales.
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