Costs and Losses Associated With New Store Openings and Closures
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2026.
Kichiri Holdings & moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2018: 5 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If new store openings overlap, if interior construction is delayed or the completion of the commercial facilities in which the stores are to be located is postponed, causing new store openings to be concentrated near the end of the fiscal year, or if stores are closed because of deteriorating operating results, this may affect the Group's operating results.」
The risks of concentrated store openings, delays in construction and facility completion, and costs and losses associated with store closures continue to be identified. - 2026-08-10MaterialisedRevisions to earnings forecasts
「In addition, operating profit, ordinary profit and net profit attributable to owners of the parent for the fiscal year all fell below the initial forecasts due to higher store operating expenses and the recognition of extraordinary losses associated with revisions to estimates of store closure costs, among other factors.」
The company disclosed the recognition of extraordinary losses associated with revisions to estimates of store closure costs and other factors, resulting in actual expenses and losses related to new store openings and store closures. - FY2024RestatedAnnual report
「If new store openings overlap, if interior construction is delayed or the completion of the commercial facilities in which the stores are to be located is postponed, causing new store openings to be concentrated near the end of the fiscal year, or if stores are closed because of deteriorating operating results, this may affect the Group's operating results.」
The risks of concentrated store openings, delays in construction and facility completion, and costs and losses associated with store closures continue to be identified. - FY2021RestatedAnnual report
「If new store openings overlap, if interior construction is delayed or the completion of the commercial facilities in which the stores are to be located is postponed, causing new store openings to be concentrated near the end of the fiscal year, or if stores are closed because of deteriorating operating results, this may affect the Group's operating results.」
The risks of concentrated store openings, delays in construction and facility completion, and costs and losses associated with store closures continue to be identified. - FY2018RestatedAnnual report
「If new store openings are concentrated, interior construction is delayed, the completion of a commercial facility is postponed, or openings are concentrated near the end of the fiscal year, or if stores are closed because of deteriorating performance, our business performance may be affected.」
The risks of concentrated store openings, delays in construction and facility completion, and costs and losses associated with store closures are disclosed again. - FY2017RestatedAnnual report
「If new store openings are concentrated, interior construction is delayed, the completion of a commercial facility is postponed, or openings are concentrated near the end of the fiscal year, or if stores are closed because of deteriorating performance, our business performance may be affected.」
The risks of concentrated store openings, delays in construction and facility completion, and costs and losses associated with store closures are disclosed again. - FY2016First statedAnnual report
「If new store openings are concentrated, interior construction is delayed, the completion of a commercial facility is postponed, or openings are concentrated near the end of the fiscal year, or if stores are closed because of deteriorating performance, our business performance may be affected.」
The company identifies concentrated openings, construction and facility delays, and closure-related costs and losses as risks.