Risk of financing new store openings due to borrowing conditions
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「The Group plans to continue opening stores. The policy is to fund the portion of the cost of these capital investments not covered by retained earnings, mainly through borrowings from financial institutions. However, depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
The policy of funding store openings through retained earnings and borrowings from financial institutions, and the risk of failing to meet financing and store-opening plans due to financial conditions, continue. - FY2025RestatedAnnual report
「The Group plans to continue opening stores. The policy is to fund the portion of the cost of these capital investments not covered by retained earnings, mainly through borrowings from financial institutions. However, depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
The policy of funding store openings through retained earnings and borrowings from financial institutions, and the risk of failing to meet financing and store-opening plans due to financial conditions, continue. - FY2023SoftenedAnnual report
「The Group plans to continue opening stores. The policy is to fund the portion of the cost of these capital investments not covered by retained earnings, mainly through borrowings from financial institutions. However, depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
The risk of funding store openings through borrowings from financial institutions continues, but the previously disclosed annual target of 1–2 stores has been removed. - FY2021RestatedAnnual report
「The Group plans to open 1–2 stores annually. The policy is to fund the portion of the cost of these capital investments not covered by retained earnings, mainly through borrowings from financial institutions. However, depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
The funding risk associated with the policy of mainly using borrowings from financial institutions to fund store openings continues. - FY2019RestatedAnnual report
「Depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
The risk of difficulty in raising funds and failing to meet store-opening plans due to financial conditions continues. - FY2018RestatedAnnual report
「However, depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
The risk of difficulty in raising funds and failing to meet store-opening plans due to financial conditions continues. - FY2017RestatedAnnual report
「The Group plans to open 1–2 stores annually. The policy is to fund the portion of the cost of these capital investments not covered by retained earnings, mainly through borrowings from financial institutions. However, depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
The funding risk associated with the policy of mainly using borrowings from financial institutions to fund store openings continues. - FY2016First statedAnnual report
「The policy is to fund the portion of the cost of these capital investments not covered by retained earnings, mainly through borrowings from financial institutions. However, depending on future financial conditions, the Group may be unable to obtain new financing and may be unable to open stores as planned.」
Risk associated with the policy of mainly using borrowings from financial institutions to fund the opening of 1–2 stores annually.