Changes to Store Opening Plans Due to Unprofitable Sites and Failure to Meet Requirements
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 6 of 14 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In selecting store locations, the company places the greatest emphasis on the business viability and profitability of stores and considers the initial investment, store-opening conditions such as deposits and rent, site area, store area and the population in the trade area. It collects information mainly on fitted-out properties, but risks such as a decline in the number of fitted-out properties due to real estate market conditions have emerged.」
The company continues its policy of opening stores mainly in fitted-out properties after considering profitability and other factors, and continues to recognise that the risk of a decline in such properties has emerged. - FY2024RestatedAnnual report
「In selecting store locations, the company places the greatest emphasis on the business viability and profitability of stores and considers the initial investment, store-opening conditions such as deposits and rent, site area, store area and the population in the trade area. It collects information mainly on fitted-out properties, but risks such as a decline in the number of fitted-out properties due to real estate market conditions have emerged.」
The company continues its policy of opening stores mainly in fitted-out properties after considering profitability and other factors, and continues to recognise that the risk of a decline in such properties has emerged. - FY2023RestatedAnnual report
「In selecting store locations, the company places the greatest emphasis on the business viability and profitability of stores and considers the initial investment, store-opening conditions such as deposits and rent, site area, store area and the population in the trade area. It collects information mainly on fitted-out properties, but risks such as a decline in the number of fitted-out properties due to real estate market conditions have emerged.」
While continuing its policy of opening stores mainly in fitted-out properties after considering profitability and other factors, the company continues to recognise that the risk of a decline in such properties has emerged. - FY2022MaterialisedAnnual report
「In selecting store locations, the company places the greatest emphasis on store profitability and considers the initial investment, store-opening conditions such as deposits and rent, site area, store area and the population in the trade area. It collects information mainly on fitted-out properties, but risks such as a decline in the number of fitted-out properties due to real estate market conditions have emerged.」
The company states that the risk of a decline in fitted-out properties due to real estate market conditions has emerged. - FY2021RestatedAnnual report
「In selecting store locations, the company places the greatest emphasis on store profitability and considers the initial investment, store-opening conditions such as deposits and rent, site area, store area and the population in the trade area. It collects information mainly on fitted-out properties, but risks such as a decline in the number of fitted-out properties due to real estate market conditions are always present.」
The company continues to identify the risk of securing store properties after considering profitability, initial investment, rent, property area and the population in the trade area. - FY2019MaterialisedAnnual report
「Regarding sales for the fiscal year, the company continued to collect property information, mainly for fitted-out properties, as in previous years. However, few properties met its requirements, and some were close to existing stores and would have competed with them, so the company was unable to open stores as planned and new openings remained at 2 stores.」
Because of a shortage of suitable properties and cannibalisation with existing stores, store openings did not progress as planned and remained at 2 stores. The risk of securing store properties and failing to meet required conditions affected the actual store-opening plans. - FY2018RestatedAnnual report
「In selecting store locations, the company places the greatest emphasis on store profitability and considers the initial investment, store-opening conditions such as security deposits and rent, site area, store area and the population in the trade area. However, if no property meets these conditions, the company may change its store-opening plans, which could affect the operating results and other matters of the group.」
The company continues to identify the risk of changing its plans if it cannot secure store properties meeting conditions such as profitability, investment, rent, area and the population in the trade area. - FY2017First statedAnnual report
「In selecting store locations, the company places the greatest emphasis on store profitability and considers the initial investment, store-opening conditions such as security deposits and rent, site area, store area and the population in the trade area. However, if no property meets these conditions, the company may change its store-opening plans, which could affect its operating results and other matters.」
The company identifies for the first time the risk of changing store-opening plans if it cannot secure properties meeting conditions such as profitability, initial investment, deposits, rent, area and the population in the trade area.