Risk of disruptions to store operations and declines in customer traffic due to disasters, infectious diseases and weather
First written in FY2017. 9 of 24 entries say "Restated". Latest entry: FY2026.
Hub moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2020: 3 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We have concentrated our store openings in major metropolitan areas (Kanto, Chubu, and Kinki). If a major earthquake or other disaster or a power outage occurs in these areas, or if an infectious disease such as a novel influenza virus causes a large number of our employees to be absent, store closures could reduce sales and affect our business performance.」
The risks associated with the concentration of stores in major metropolitan areas and operational suspensions or declines in customer visits due to disasters, power outages, infectious diseases, weather, and other factors continue. - FY2024-Q2MitigatedAnnual report
「As the effects of COVID-19 subsided, a gradual recovery continued, supported by the recovery in inbound consumption and a recovery in consumer sentiment led by domestic demand.」
It states that the effects of the infectious disease were subsiding and that the operating environment was gradually recovering due to the recovery in inbound consumption, domestic demand, and consumer sentiment. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter period, Japan’s economy moved further toward the normalization of economic and social activity as the effects of COVID-19 subsided and the disease’s legal classification changed from Category 2 to Category 5.」
It states that the effects of COVID-19 were subsiding and that the normalization of economic and social activity progressed further following the change to Category 5. - FY2023MitigatedAnnual report
「During the fiscal year, Japan’s economy gradually showed signs of recovering to pre-COVID-19 levels, supported by the nationwide lifting of priority preventive measures, the spread of vaccinations, the easing of entry restrictions on foreign tourists, and government-led measures to stimulate consumption, despite the subsequent impact of the seventh wave.」
Although the effects of the seventh wave remained, the operating environment related to infection and business restrictions showed signs of recovery due to the lifting of the measures, vaccinations, and the easing of entry restrictions. - FY2023-Q3MitigatedAnnual report
「During the cumulative third quarter period, Japan’s economy was affected by the seventh wave of COVID-19 infections. However, as social conditions changed toward living with COVID-19, the government and local authorities did not issue strong requests for businesses to restrict operations, and the decline in the number of infections led to a gradual recovery trend.」
Although the effects of the seventh wave of infections remained, no strong requests to restrict operations were issued, and a decline in infections and a gradual recovery trend were observed. - FY2023-Q1MitigatedAnnual report
「Third-dose vaccinations progressed nationwide, and the “priority preventive measures” were lifted in late March, with normal economic conditions beginning to return.」
Although economic and operational restrictions related to the infectious disease continued, progress in vaccinations and the lifting of the measures in late March indicated a move toward normalization. - FY2022MaterialisedAnnual report
「Regarding store operations, partial and intermittent operations continued in response to requests from the Japanese government and local authorities to suspend operations and shorten business hours due to the spread of COVID-19.」
The effects of infection-related closures and reduced business hours continued throughout the fiscal year, resulting in partial and intermittent store operations. - FY2022-Q3MitigatedAnnual report
「Regarding store operations, in response to requests from the Japanese government and local authorities to suspend operations and shorten business hours due to the spread of COVID-19, we suspended operations at all stores except certain locations in September. From October onward, we resumed operations in line with the phased lifting of various restrictions, and resumed operations at all stores in November.」
Although all stores except certain locations were closed in September, operations gradually resumed from October onward, and all stores had resumed operations by November. The impact of the risk of operational suspensions was partially alleviated, but restrictions resulting from official requests occurred during the period. - FY2022-Q2MaterialisedAnnual report
「Regarding store operations, in response to repeated requests from the Japanese government and local authorities to suspend operations and shorten business hours due to the spread of COVID-19, we suspended operations at all stores except certain locations for most of the cumulative second quarter period.」
The effects of infection-related closures and reduced business hours continued, and all stores except certain locations were closed for most of the cumulative second quarter period. - FY2021MaterialisedAnnual report
「However, in view of the social situation in which the spread of the novel coronavirus could not be contained and there were no signs of it subsiding, the Company closed all stores for more than 4 months in total, excluding some stores, in connection with the government's 2 declarations of a state of emergency to help prevent the spread of infection, and also responded to multiple requests from local governments to shorten operating hours,」
Operating constraints due to infectious diseases expanded from the closure of all stores and reduced operating hours through the previous quarter to more than 4 months of company-wide closures and responses to multiple requests to shorten operating hours in connection with the government's 2 declarations of a state of emergency. - FY2021-Q3MaterialisedAnnual report
「However, in view of the social situation in which the spread of the novel coronavirus could not be contained and there were no signs of it subsiding, the Company closed all stores for approximately 2 months around the government's declaration of a state of emergency to help prevent the spread of infection, and also responded to multiple requests from local governments to shorten operating hours,」
The Company continued to close all stores due to the novel coronavirus and respond to multiple requests from local governments to shorten operating hours. The risk of store closures and reduced operating hours due to infectious diseases continued to materialize as an actual operating constraint. - FY2021-Q2MaterialisedAnnual report
「In view of the social situation in which the spread of the novel coronavirus could not be contained and there were no signs of it subsiding, the Company closed all stores for approximately 2 months from 4 April until the government's state of emergency was lifted to help prevent the spread of infection, and subsequently responded to further requests from local governments to shorten operating hours,」
Regarding the risk of store closures and reduced operating hours due to infectious diseases, all stores were actually closed for approximately 2 months, followed by reduced operating hours in response to requests from local governments. - FY2021-Q1MaterialisedAnnual report
「Subsequently, in view of the social situation in which the spread of the novel coronavirus could not be contained and there were no signs of it subsiding, the Company closed all stores from 4 April to help prevent the spread of infection, while also」
Regarding the risk of store closures due to infectious diseases, all stores were actually closed from 4 April, significantly affecting sales and profit in the first quarter accounting period. - FY2020MaterialisedAnnual report
「During the fiscal year, the Company was significantly affected by higher operating costs at newly opened stores, closures due to a typhoon during the rugby event period (96 stores were closed, excluding 15 stores in Kansai and Kyushu), lower demand for year-end parties in the fourth quarter accounting period, and reservation cancellations resulting from heightened concern about preventing the spread of the novel coronavirus,」
In addition to the closure of 96 stores due to Typhoon No. 19, reservation cancellations and other effects resulting from heightened concern about preventing the spread of the novel coronavirus were disclosed as actual impacts on results of operations. - FY2020-Q3MaterialisedAnnual report
「In October, the impact of the closure on Saturday, 12 October, which had the highest sales index and on which multiple rugby matches were scheduled, due to Typhoon No. 19 was particularly significant. A total of 96 stores were closed, excluding 15 stores in Kansai and Kyushu, and sales remained below plan.」
The Company states that 96 stores were closed due to Typhoon No. 19, resulting in sales below plan. The risk of store closures and lower sales due to natural disasters and weather materialized as an actual event. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to the impact of natural disasters, infectious diseases and weather on store operations and customer traffic. - FY2019RestatedAnnual report
「The Company has concentrated its stores in major metropolitan areas (Kanto, Chubu and Kansai). If a major earthquake or other disaster or a power outage occurs in these regions, or if infectious diseases such as novel influenza cause a large number of employees to be absent, store closures could reduce sales and affect the Company's results of operations.」
The Company continues to identify the risks of store concentration in major metropolitan areas, natural disasters, power outages, infectious diseases and weather causing store closures and declines in customer traffic. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to the impact of natural disasters, infectious diseases and weather on store operations and customer traffic. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes in the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to the impact of natural disasters, infectious diseases and weather on store operations and customer traffic. - FY2018RestatedAnnual report
「The Company has concentrated its stores in major metropolitan areas (Kanto, Chubu and Kansai). If a major earthquake or other disaster or a power outage occurs in these regions, or if infectious diseases such as novel influenza cause a large number of employees to be absent, store closures could reduce sales and affect the Company's results of operations.」
The Company continues to identify the risks of store concentration in major metropolitan areas, natural disasters, power outages, infectious diseases and weather causing store closures and declines in customer traffic. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to the impact of natural disasters, infectious diseases and weather on store operations and customer traffic. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to the impact of natural disasters, infectious diseases and weather on store operations and customer traffic. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to the impact of natural disasters, infectious diseases and weather on store operations and customer traffic. - FY2017First statedAnnual report
「The Company has concentrated its stores in major metropolitan areas (Kanto, Chubu and Kansai). If a major earthquake or other disaster or a power outage occurs in these regions, or if infectious diseases such as novel influenza cause a large number of employees to be absent, store closures could reduce sales and affect the Company's results of operations. The Company's sales could also decline due to the impact of global economic trends and weather conditions on customer traffic, which could affect its results of operations.」
The Company identifies as risks the effects of natural disasters, power outages and infectious diseases associated with its concentration of stores in major metropolitan areas, as well as declines in customer traffic due to the global economy and weather.