Use of Retained Earnings for New Store Openings, Renovations, New Businesses and M&A
First written in FY2016. 21 of 22 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「To expand its business, the Group opened 19 new stores, including Saks Bar LaLaport Anjo, and refurbished the interiors and other facilities of 29 existing stores. It also acquired a newly built property near its head office in front of Shin-Koiwa Station to establish the Creative Center, which will consolidate and integrate the Product Planning, E-commerce and Digital Marketing Strategy divisions at one location.」
In addition to opening 19 new stores and refurbishing 29 existing stores, the company acquired a building for the Creative Center, resulting in capital expenditures of ¥2,455.430 million. - 2026-05-15AdvancedEarnings
「The main expenditure item was ¥2,048 million in capital expenditures related to new store openings and renovations.」
The Company made capital investments in new store openings, renovations and related activities, with investment increasing from the previous fiscal year. - FY2026-H1AdvancedAnnual report
「Net cash used in investing activities increased by ¥1,564 million from the previous interim consolidated accounting period, resulting in a net outflow of ¥1,808 million. The main expenditure was ¥1,746 million in capital expenditures related to new store openings, refurbishments and the acquisition of a building for the head office.」
The company made ¥1,746 million in capital expenditures during the interim consolidated accounting period for new store openings, refurbishments and the acquisition of a building for the head office. - FY2025AdvancedAnnual report
「The company opened 19 new stores, including Saks Bar Yumegaoka Soratos, and refurbished the interiors and other facilities of 19 existing stores. Capital expenditures during the consolidated fiscal year totaled ¥742.195 million, including lease deposits and guarantee deposits, increases in tangible fixed assets related to asset retirement obligations and other items.」
The company opened 19 new stores and refurbished 19 existing stores, resulting in capital expenditures of ¥742.195 million. It continued efforts to use retained earnings and other funds for new store openings and refurbishments. - FY2025-H1AdvancedAnnual report
「Net cash used in investing activities decreased by ¥53 million from the previous interim consolidated accounting period, resulting in a net outflow of ¥243 million. The main expenditure was ¥189 million in capital expenditures related to new store openings and refurbishments.」
The company spent ¥189 million on capital expenditures for new store openings, refurbishments and other projects during the interim consolidated accounting period. It continued efforts to use retained earnings and other funds to develop its store network. - FY2024AdvancedAnnual report
「To expand its business, the Group opened 13 new stores, including Saks Bar LaLaport Kadoma, and refurbished the interiors and other facilities of 22 existing stores. Capital expenditures during the consolidated fiscal year totaled ¥677.690 million, including lease deposits and guarantee deposits, increases in tangible fixed assets related to asset retirement obligations and other items.」
The company opened 13 new stores and refurbished 22 existing stores, resulting in capital expenditures of ¥677.690 million. - FY2024-Q2AdvancedAnnual report
「Net cash used in investing activities increased by ¥142 million from the same period of the previous year, resulting in a net outflow of ¥296 million. The main expenditure was ¥221 million in capital expenditures related to new store openings and refurbishments.」
The company spent ¥221 million on capital expenditures for new store openings, refurbishments and other projects during the six-month period. - FY2023AdvancedAnnual report
「To expand its business, the Group opened 14 new stores, including Saks Bar Fukuoka LaLaport, and refurbished the interiors and other facilities of 24 existing stores. Capital expenditures during the consolidated fiscal year totaled ¥1,316.433 million...」
The company opened 14 new stores and refurbished 24 existing stores, resulting in capital expenditures of ¥1,316.433 million. It also announced plans to invest ¥397.404 million in new stores and refurbishments in the next fiscal year. - FY2023-Q2AdvancedAnnual report
「Net cash used in investing activities decreased by ¥57 million from the same period of the previous year, resulting in a net outflow of ¥154 million. The main expenditure was ¥146 million in capital expenditures related to new store openings and refurbishments.」
The company spent ¥146 million on capital expenditures for new store openings, refurbishments and other projects during the six-month period. - FY2022AdvancedAnnual report
「To expand its business, the Group opened 14 new stores, including Saks Bar Kawaguchi Aeon Mall, and refurbished the interiors and other facilities of 12 existing stores. Capital expenditures during the consolidated fiscal year totaled ¥542.557 million, including lease deposits and guarantee deposits.」
The company opened 14 new stores and refurbished 12 existing stores, resulting in capital expenditures of ¥542.557 million. - FY2022-Q2AdvancedAnnual report
「Net cash used in investing activities decreased by ¥105 million from the same period of the previous year, resulting in a net outflow of ¥211 million. The main expenditure was ¥166 million in capital expenditures related to new store openings and refurbishments.」
The company spent ¥166 million on capital expenditures for new store openings, refurbishments and other projects during the six-month period ended the second quarter. - FY2021AdvancedAnnual report
「To expand its business, the Group opened 30 new stores, including Saks Bar Yokosuka Coaska Bayside, and refurbished the interiors and other facilities of 32 existing stores. Capital expenditures during the consolidated fiscal year totaled ¥1,100.001 million, including lease deposits and guarantee deposits.」
The company opened 30 new stores and refurbished 32 existing stores, resulting in capital expenditures of ¥1,100.001 million. - FY2021-Q2AdvancedAnnual report
「Net cash used in investing activities increased by ¥53 million from the same period of the previous year, resulting in a net outflow of ¥317 million. The main expenditure was ¥289 million in capital expenditures related to new store openings and refurbishments.」
The company spent ¥289 million on capital expenditures for new store openings, refurbishments and other projects during the six-month period ended the second quarter. - FY2020AdvancedAnnual report
「To expand its business, the Group opened 19 new stores, including Saks Bar Numazu LaLaport, and refurbished the interiors and other facilities of 36 existing stores. Capital expenditures during the consolidated fiscal year totaled ¥1,225.996 million, including lease deposits and guarantee deposits.」
The company opened 19 new stores and refurbished 36 existing stores, resulting in capital expenditures of ¥1,225.996 million. - FY2020-Q2AdvancedAnnual report
「Cash flow from investing activities was negative ¥264 million, as expenditures decreased by ¥1,768 million from the same period of the previous year. The principal expenditures were ¥209 million in capital investment associated with new store openings and renovations and ¥76 million for the acquisition of shares in a subsidiary, which resulted in a change in the scope of consolidation.」
The Company invested ¥209 million in new store openings and renovations and spent ¥76 million to acquire shares in 三香堂, making it a subsidiary. - FY2019AdvancedAnnual report
「To expand its business, the Group opened 22 new stores, including the Sacs Bar Osaka International Airport store, and renovated the interiors and other aspects of 30 additional stores. Capital investment during the consolidated fiscal year totaled ¥1,621.022 million, including leasehold deposits and guarantee deposits.」
The Company opened 22 new stores and renovated 30 stores, bringing capital investment to ¥1,621.022 million. - FY2019-Q2AdvancedAnnual report
「Cash flow from investing activities was negative ¥2,032 million, as expenditures increased by ¥1,751 million from the same period of the previous year. The principal expenditures were ¥1,009 million for the acquisition of investment securities and ¥999 million in capital investment associated with new store openings and renovations.」
During the six months ended Q2, the Company spent ¥999 million on capital investment for new store openings and renovations. Including ¥1,009 million for the acquisition of investment securities, expenditures on investing activities totaled ¥2,032 million. - FY2018AdvancedAnnual report
「The principal expenditure was ¥894 million in capital investment associated with new store openings and renovations.」
The Company invested ¥894 million in new store openings and renovations during the fiscal year. It also opened 31 new stores and renovated 52 stores. - FY2018-Q2AdvancedAnnual report
「Cash flow from investing activities was negative ¥281 million, as expenditures decreased by ¥661 million from the same period of the previous year. The principal expenditure was ¥262 million in capital investment associated with new store openings and renovations.」
During the six months ended Q2, the Company spent ¥262 million on capital investment associated with new store openings and renovations. - FY2017AdvancedAnnual report
「To expand its business, the Company opened 34 new stores, including the Saks Bar Ginza Imabari New Urban Area Aeon Mall store, and renovated the interiors and other aspects of 45 additional stores. Capital investment during the consolidated fiscal year totaled ¥1,838.471 million, including leasehold deposits and guarantee deposits.」
The Company opened 34 new stores and renovated 45 stores, bringing capital investment for the fiscal year to ¥1,838.471 million. - FY2017-Q2AdvancedAnnual report
「The principal expenditure was ¥976 million in capital investment associated with land acquisition, new store openings and renovations.」
The Company spent ¥976 million during the six months ended Q2 on capital investment associated with land acquisition, new store openings and renovations. - FY2016First statedAnnual report
「The Company intends to use retained earnings effectively for capital investment, including new store openings and store renovations in the Group's existing businesses, investment in new businesses, and M&A of promising operating companies, thereby contributing to future growth and supporting steadily increasing dividends.」
The Company lists shareholder returns and investment in stores, new businesses and M&A as uses of retained earnings.