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Brass (2424) · RiskRestated

Shortage of Candidate Properties for New Stores and Upfront Cost Burden from Concentrated Store Openings

First written in FY2016. 13 of 14 entries say "Restated". Latest entry: FY2026-H1.

14entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2026-H12016: 22017: 320172018: 220182019: 220192020: 120202021: 020212022: 020222023: 120232024: 120242025: 120252026: 1
Same theme, other companies
Risks related to securing sites and properties for new stores and the progress of new constructionA theme 45 companies write about · 45 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 6 of 14 companies on the "Worse" side.

30 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 45 companies compared. The sentences above are computed from all 45.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes to the shortage of candidate properties and upfront costs from concentrated openings.
  2. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes to the shortage of candidate properties and upfront costs from concentrated openings.
  3. FY2024-Q3RestatedAnnual report

    「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」

    The company states that there have been no material changes to the shortage of candidate properties and upfront costs from concentrated openings.
  4. FY2023-Q3RestatedAnnual report

    「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」

    The company states that there have been no material changes to the shortage of candidate properties and upfront costs from concentrated openings.
  5. FY2020RestatedAnnual report

    「If properties meeting the conditions for opening new locations cannot be found, planned openings may not proceed and this could affect the company’s performance. In addition, as upfront costs are incurred when opening a new location, concentrated openings could affect the company’s performance and financial position in the short term.」

    The company continues to identify delays in opening locations due to a shortage of suitable properties and upfront costs when openings are concentrated as risks.
  6. FY2020-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The shortage of candidate properties and upfront costs from concentrated openings are treated as having undergone no material change.
  7. FY2019RestatedAnnual report

    「If properties meeting the conditions for opening new locations cannot be found, planned openings may not proceed and this could affect the company’s performance. In addition, as upfront costs are incurred when opening a new location, concentrated openings could affect the company’s performance and financial position in the short term.」

    The company continues to identify delays in opening locations due to a shortage of suitable properties and upfront costs when openings are concentrated as risks.
  8. FY2018-Q3RestatedAnnual report

    「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The shortage of candidate properties and upfront costs from concentrated openings are treated as having undergone no material change.
  9. FY2018-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The shortage of candidate properties and upfront costs from concentrated openings are treated as having undergone no material change.
  10. FY2017RestatedAnnual report

    「If properties meeting the conditions for opening new locations cannot be found, planned openings may not proceed and this could affect the company’s performance. In addition, as upfront costs are incurred when opening a new location, concentrated openings could affect the company’s performance and financial position in the short term.」

    The company continues to identify delays in opening locations due to a shortage of suitable properties and upfront costs when openings are concentrated as risks.
  11. FY2017-Q3RestatedAnnual report

    「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The shortage of candidate properties and upfront costs from concentrated openings are treated as having undergone no material change.
  12. FY2017-Q2RestatedAnnual report

    「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」

    The shortage of candidate properties and upfront costs from concentrated openings are treated as having undergone no material change.
  13. FY2017-Q1RestatedAnnual report

    「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    The shortage of candidate properties and upfront costs from concentrated openings are treated as having undergone no material change.
  14. FY2016First statedAnnual report

    「If properties meeting the conditions for opening new locations cannot be found, planned openings may not proceed and this could affect the company’s performance. In addition, as upfront costs are incurred when opening a new location, concentrated openings could affect the company’s performance and financial position in the short term.」

    The company identifies delays in opening locations due to a shortage of suitable properties and upfront costs when openings are concentrated as separate risks related to new openings.
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Shortage of Candidate Properties for New Stores and Upfront Cost Burden from Concentrated Store Openings | Brass Corporation (2424) | Komori