Commercial Facilities' Customer-Attracting Power and Store Opening and Security Deposit Risks
First written in FY2016. 8 of 14 entries say "Restated". Latest entry: FY2026.
Honeys Holdings moved to the "Worse" side of this theme in 2016.
The whole theme swung hardest in 2017: 2 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The group primarily operates shop-in-shop locations and may therefore be affected by changes in customer attraction at the commercial facilities where its stores are located. There is also no guarantee that store expansion will proceed according to plan, and business performance may be affected by trends in new store openings, closures and other factors.」
The group continues to face risks associated with dependence on customer attraction at commercial facilities and store-opening and closure plans. - FY2024RestatedAnnual report
「The group will seek to minimize the impact by accurately assessing the operating conditions of each store, taking appropriate measures on a store-by-store basis, and responding rapidly to changes.」
The group continues to address dependence on customer attraction at commercial facilities and store-opening and closure plans by monitoring each store's operating conditions and taking individual measures. - FY2023RestatedAnnual report
「The group will seek to minimize the impact by accurately assessing the operating conditions of each store, taking appropriate measures on a store-by-store basis, and responding rapidly to changes.」
The group continues to address the risks associated with dependence on customer attraction at commercial facilities and store-opening and closure plans by monitoring each store's operating conditions and taking individual measures. - FY2022RestatedAnnual report
「The group will seek to minimize the impact by accurately assessing the operating conditions of each store, taking appropriate measures on a store-by-store basis, and responding rapidly to changes.」
The group continues to address the risks associated with dependence on customer attraction at commercial facilities and store-opening and closure plans by monitoring conditions at each store and taking individual measures. - FY2021MitigatedAnnual report
「The group will seek to minimize the impact by accurately assessing the operating conditions of each store, taking appropriate measures on a store-by-store basis, and responding rapidly to changes.」
The group explicitly identifies assessing each store's operating conditions and taking individual measures as ways to reduce the risks associated with dependence on customer attraction at commercial facilities and store-opening and closure plans. - FY2021-Q1MaterialisedAnnual report
「Urban stores, where the conditions for the Three Cs are more likely to occur, struggled to attract customers, and the business environment was also one in which performance varied depending on location and store format.」
The company explained that stagnant customer traffic at urban stores and performance differences based on location and store format actually occurred. - FY2020RestatedAnnual report
「The group primarily operates shop-in-shop locations and may therefore be affected by changes in customer attraction at the commercial facilities where its stores are located. There is also no guarantee that store expansion will proceed according to plan, and business performance may be affected by trends in new store openings, closures and other factors.」
The group continues to describe the risk of dependence on customer attraction at commercial facilities and store-opening and closure plans for shop-in-shop locations. - FY2018RestatedAnnual report
「The group primarily operates shop-in-shop locations and may therefore be affected by changes in customer attraction at the commercial facilities where its stores are located. There is also no guarantee that store expansion and operations will proceed according to plan, and business performance may be affected by trends in new store openings and other factors.」
The risks related to customer attraction at commercial facilities, store-opening and store-operation plans, and recovery of security deposits paid continue to be described. - FY2018-Q1MaterialisedAnnual report
「Sales in China were ¥1.931 billion, down 23.3% year on year, and the operating result was an operating loss of ¥50 million, compared with an operating loss of ¥25 million in the same period of the previous year. Sales and profit declined because department stores and other facilities had weak customer traffic and sales remained sluggish.」
Weak customer attraction at department stores and other facilities in China materialized as a factor behind lower revenue and profit during the quarter as well. - FY2017RestatedAnnual report
「The group primarily operates shop-in-shop locations and may therefore be affected by changes in customer attraction at the commercial facilities where its stores are located. There is also no guarantee that store expansion and operations will proceed according to plan, and business performance may be affected by trends in new store openings and other factors.」
The risks related to customer attraction at commercial facilities, store-opening plans, store operations and recovery of security deposits paid continue to be described. - FY2017-Q3RestatedAnnual report
「Revenue and profit declined because department stores and other facilities had weak customer attraction and the competitive environment became increasingly challenging.」
Weak customer attraction at department stores and other facilities in China continues to be cited as a factor behind lower revenue and profit. - FY2017-Q2MaterialisedAnnual report
「Revenue and profit declined because department stores and other facilities had weak customer attraction, the competitive environment became increasingly challenging, and the yuan depreciated against the yen.」
Weak customer attraction at department stores and other facilities in China materialized as a factor behind lower revenue and profit. - FY2017-Q1MaterialisedAnnual report
「Sales in China were ¥2.517 billion, down 32.0% year on year, and the operating result was an operating loss of ¥25 million, compared with operating income of ¥138 million in the same period of the previous year. Sales and profit declined because department stores and other facilities had weak customer traffic and the competitive environment became more challenging.」
Weak customer attraction at department stores and other facilities in China materialized and contributed to lower revenue and profit. - FY2016First statedAnnual report
「The group primarily operates shop-in-shop locations and may therefore be affected by changes in customer attraction at the commercial facilities where its stores are located. There is also no guarantee that store expansion and operations will proceed according to plan, and business performance may be affected by trends in new store openings and other factors.」
The group identifies dependence on customer attraction at shop-in-shop locations, the risk that store openings and operations may not proceed as planned, and the risk that security deposits paid may not be recoverable.