Securing New Store Opening Opportunities and Unprofitable Stores
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.
Qol Holdings moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2018: 7 of 32 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The expansion of the Group's business has been driven significantly by growth in the number of pharmacy stores and expansion of the product lineup in its pharmaceutical business. However, if the Group cannot secure opportunities meeting the conditions for new store openings or M&A, or cannot obtain pharmaceutical marketing rights as planned, this may affect the Group's business performance and other matters.」
In addition to the previously identified risk of being unable to secure new store opening and M&A opportunities, the Group explicitly identified the risk of being unable to obtain pharmaceutical marketing rights for its pharmaceutical business as planned. - FY2022RestatedAnnual report
「As of the end of the consolidated fiscal year, the Group operated 834 stores. The Group plans to continue expanding its store network, including through M&A, but if it cannot open stores as planned because it is unable to secure new opportunities that meet its store opening criteria, this may affect the Group's business performance and other matters.」
The Group operated 834 stores and continues its expansion policy, including through M&A, while indicating the risk of being unable to secure suitable store opening opportunities. - FY2021RestatedAnnual report
「As of the end of the consolidated fiscal year, the Group operated 811 stores. The Group plans to continue expanding its store network, including through M&A, but if it cannot open stores as planned because it is unable to secure new opportunities that meet its store opening criteria, this may affect the Group's business performance and other matters.」
The Group continues its policy of expanding the store network while indicating the risk of being unable to secure store opening opportunities, including through M&A. - FY2017RestatedAnnual report
「The Group plans to continue expanding its store network, including through acquisitions, but if it cannot open stores as planned because it is unable to secure new opportunities that meet its store opening criteria, this may affect the Group's business performance and other matters.」
The policy of expanding the store network, including through acquisitions, and the risk of being unable to secure new opportunities continue to be indicated. - FY2016First statedAnnual report
「If the Group cannot open stores as planned because it is unable to secure new opportunities that meet its store opening criteria, this may affect the Group's business performance and other matters. If unprofitable stores cannot be closed because of their significant impact on the prescribing medical institutions and regional healthcare, this may affect the Group's business plans and business performance.」
The shortage of opportunities and difficulty closing unprofitable stores are identified as risks to the store expansion policy.