Komori
Belluna (9997) · TargetReduced Loss, but Profitability Not Yet Restored

Recovery to Operating Profitability in the Apparel and Household Goods Business

First written in FY2024. 3 of 7 entries say "Advanced", first in 2026-05-07. Latest entry: FY2026.

7entries
3years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2024 – FY2026-H12024: 120242025: 220252026: 42026
Same theme, other companies
Reduction of Unprofitable Products and Cost Structure Reform in the Retail BusinessA theme 8 companies write about · 1 as a headwind · 8 as a tailwind

0 other companies' latest entry also says "Other".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026Reduced Loss, but Profitability Not Yet RestoredAnnual report

    「As a result, revenue was ¥68,910 million, down 7.9% year on year, and the segment loss was ¥408 million, compared with a segment loss of ¥1,696 million in the same period of the previous fiscal year.」

    The loss narrowed from ¥1,696 million to ¥408 million due to the termination of the unprofitable EC service and lower advertising and promotional expenses, but the apparel and general merchandise business did not achieve operating profitability.
  2. FY2026-H1Reduced Loss, but Profitability Not Yet RestoredAnnual report

    「As raw material and supplies prices remained high and DM delivery costs also increased, we sought to improve profitability by curbing advertising and promotional expenses. In addition, the termination of the unprofitable fashion EC mall service led to a decline in revenue, but improved profitability. As a result, revenue was ¥32,262 million, down 8.8% year on year, and the segment loss was ¥930 million, compared with a segment loss of ¥1,543 million in the same period of the previous fiscal year.」

    The segment loss narrowed due to lower advertising and promotional expenses and the termination of the fashion EC mall, but a loss of ¥930 million remained, and the apparel and general merchandise business did not achieve operating profitability.
  3. FY2025Reduced Loss, but Profitability Not Yet RestoredAnnual report

    「The number of new customers increased as customer acquisition efficiency improved, but the number of active customers remained flat because the repeat rate among existing customers fell short of the plan. As a result, net sales were ¥74,836 million, up 0.8% year on year, and the segment loss was ¥1,696 million, compared with a segment loss of ¥2,992 million in the same period of the previous year.」

    Although the company indicated improvements in new customer acquisition efficiency and a reduction in losses, the segment remains loss-making, and operating profitability has not been achieved as stated.
  4. FY2024First statedAnnual report

    「In the Apparel and Miscellaneous Goods Business, we aim to restore operating profitability by returning new-customer acquisition to an appropriate level, restoring the repeat-purchase rate and improving the scale and efficiency of the business.」

    The company first stated its target of restoring operating profitability by normalizing new-customer acquisition and recovering the repeat-purchase rate.
Moved together

"Sluggish Hotel Revenue" moved the same way as this thread, in the same document, in 3 of its 7 moves.

3322★1234
  1. ★This thread
  2. 1Sluggish Hotel Revenue3×
  3. 2Higher Revenue and Operating Profit, but an Ordinary Loss3×
  4. 3Investment in High-Yield Properties in Japan and Overseas and Expansion of the Hotel Business2×
  5. 4Lower Property Business Revenue and Profit following the Decline in Real Estate Sales2×

★ 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
Belluna's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-06-01: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.