Impact of Typhoons and Rising Electricity Costs on Convenience-Store Profitability
First written in FY2018-Q3. 1 of 2 entries say "Materialised", first in FY2025-H1. Latest entry: FY2025-H1.
CVS Bay Area moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 8 of 10 companies on the "Worse" side.
17 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「In addition, due to the adverse weather caused by the approach of Typhoon No. 7, all stores operated by the company were temporarily closed in stages from the afternoon of 16 August 2024 to ensure the safety of employees and customers, and measures were taken to reopen them early the following morning, 17 August. The impact on business performance was minor.」
As Typhoon No. 7 approached, all stores actually underwent temporary closures. However, the impact on business performance was described as minor. - FY2018-Q3First statedAnnual report
「Since the beginning of October, existing-store customer traffic has struggled, partly due to successive typhoons passing through the Tokyo metropolitan area. In addition, the unit price of electricity has been trending higher than in the previous year, increasing selling, general and administrative expenses, including utility costs. As a result, both segment revenue and profit declined.」
The decline in existing-store customer traffic caused by passing typhoons and the increase in selling, general and administrative expenses caused by higher electricity prices actually resulted in lower revenue and profit in the convenience-store business.