Delays to or Abandonment of Accommodation Facility Opening Plans
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 9 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The period normally required to open an accommodation facility, including proposing and negotiating the opening plan and holding briefing sessions for local residents, is approximately 1 to 1.5 years.」
The risks of prolonged development or failure to open accommodation facilities, and the parallel selection of multiple candidate sites, continue to be disclosed. - FY2025-H1RestatedAnnual report
「During the interim accounting period, no new business risks arose. There were also no material changes to the business risks described in the securities report for the previous fiscal year.」
The company explicitly states that there were no material changes to the risk of delays or failure in accommodation-facility opening plans. - FY2024First statedAnnual report
「The period normally required to open an accommodation facility, including proposing and negotiating the opening plan and holding briefing sessions for local residents, is approximately 1 to 1.5 years.」
The company identifies the risk that negotiations with municipalities and briefing sessions for residents could delay or derail openings and describes the parallel selection of multiple candidate sites as a response.