Risk of Store Closures Due to the Kumamoto and Oita Earthquakes
First written in FY2016-Q2. 2 of 3 entries say "Dropped", first in FY2016-Q3. Latest entry: FY2016.
6 other companies' latest entry also says "Dropped".
- FY2016DroppedAnnual report
「In the retail industry, the employment and income environment improved moderately and consumer sentiment also began to recover. Despite unsettled weather and the effects of earthquakes, signs of improvement were evident.」
The impact of earthquakes is mentioned as a general factor affecting the business environment, but there is no specific mention of store closures due to the Kumamoto and Oita earthquakes. - FY2016-Q3DroppedAnnual 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 main text for the current quarter does not specifically mention store closures due to the Kumamoto and Oita earthquakes described in the previous quarter. - FY2016-Q2MaterialisedAnnual report
「In April of the first six months of the second quarter of the current consolidated fiscal year, the Kumamoto and Oita earthquakes occurred. Although some stores were forced to close temporarily, the impact on the performance of the Group as a whole was limited.」
Some stores were in fact temporarily closed due to the earthquakes, but the impact on the Group's overall performance was described as limited.