Risks of Securing Properties and Deviations from Business Plans for New Store Openings
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2025.
Care Service moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 6 of 15 companies on the "Worse" side.
2 other companies' latest entry also says "Softened".
- FY2025SoftenedAnnual report
「If the company is unable to secure properties in favorable locations due to soaring land prices or other factors, or if changes in the business environment or economic factors result in a significant divergence from its plans for opening new locations, this could affect the group’s earnings forecasts and other matters.」
The stated potential impact of the new-location risk was changed from the previous period’s “three-year plan and other matters” to “earnings forecasts and other matters,” reducing the specificity of the plan. - FY2024RestatedAnnual report
「If the company is unable to secure properties in favorable locations due to soaring land prices or other factors, or if changes in the business environment or economic factors result in a significant divergence from its plans for opening new locations, this could affect the group’s three-year plan and other matters.」
The company continues to identify as a new-location risk the possibility that soaring land prices, difficulty securing properties and divergence from business plans could affect its three-year plan and other matters. - FY2023WorsenedAnnual report
「If the company is unable to secure properties in favorable locations due to soaring land prices or other factors, or if changes in the business environment or economic factors result in a significant divergence from its plans for opening new locations, this could affect the group’s three-year plan and other matters.」
The risk associated with opening new locations has been expanded to specifically include soaring land prices and potential effects on the three-year plan. - FY2018RestatedAnnual report
「For future new locations, however, the company will proceed cautiously after carefully assessing local customer data, tenant rents and construction costs, in addition to developments regarding future revisions to the Long-Term Care Insurance Act.」
The company has reaffirmed its policy of making cautious decisions on new locations after considering customer data, rents, construction costs and revisions to the Long-Term Care Insurance Act. - FY2017First statedAnnual report
「The group conducts detailed market research when opening new locations and proceeds with opening new nursing care facilities and other sites. However, if it is unable to secure properties in favorable locations, or if changes in the business environment or economic factors result in a significant divergence from its plans for opening new locations, this could affect the group’s financial results.」
The company identifies the difficulty of securing properties in favorable locations and divergence from new-location plans due to changes in the business environment and economic factors as risks associated with opening new locations.