Deterioration in Credibility and Business Performance Due to Online Reputational Damage
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2023: 4 of 27 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If malicious rumors are disseminated and circulated online, the Kura Sushi Group's brand and social reputation may be damaged regardless of whether the content is true, potentially adversely affecting the group's business performance and financial position.」
The risk of adverse effects on the brand, reputation and business performance from the spread of rumors online continues to be disclosed. - FY2023-Q3MaterialisedAnnual report
「From the beginning of the period, the company was affected by reduced foot traffic due to the eighth wave of COVID-19 infections and by the impact of disruptive behavior at restaurants, but business entered a recovery trend as the COVID-19 situation subsided.」
The company states that disruptive behavior at restaurants in fact affected foot traffic and business operations. - FY2023-Q2MaterialisedAnnual report
「In addition, prank videos circulated on social media at restaurant chains, becoming a social issue.」
Regarding the existing reputational risk associated with the dissemination of information online, the company states that prank videos at restaurant chains were in fact circulated on social media and became a social issue. - FY2020RestatedAnnual report
「If malicious rumors are disseminated and circulated online, the Kura Sushi Group's brand and social reputation may be damaged regardless of whether the content is true, potentially adversely affecting the group's business performance and financial position.」
The risk of adverse effects on the brand, reputation and business performance from rumors circulated online continues to be disclosed. - FY2019First statedAnnual report
「If malicious rumors are disseminated and circulated online, the Kura Sushi Group's brand and social reputation may be damaged regardless of whether the content is true, potentially adversely affecting the group's business performance and financial position.」
The company has explicitly identified the impact of malicious rumors disseminated and circulated online on its brand, social reputation and business performance as a new business risk.