Risk that Store Concepts May Not Be Accepted by Customers
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2026.
The Monogatari 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 2020: 3 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「We differentiate our brands through concepts based on the Group’s proprietary planning and development. However, these initiatives may affect the Group’s operating results as customer needs change. In particular, a rapid change in consumer preferences for our core businesses could have a significant impact on the Group’s operating results. In addition, if third parties infringe the intellectual property, including the brand concepts and trademarks that the Group has developed independently, this could damage brand value and cause customers to move to similar stores.」
In addition to the previously identified risk that changes in customer needs could affect brand acceptance, the Group explicitly identified the risks of rapid changes in preferences for its core businesses, intellectual-property infringement, damage to brand value and customer outflows. - FY2018RestatedAnnual report
「There is no guarantee that these initiatives will necessarily be accepted by customers, and if they are not, they may affect our group’s business performance.」
The disclosure continues to identify the risk that the group’s unique store concepts and initiatives will not be accepted by customers. - FY2016First statedAnnual report
「There is no guarantee that these initiatives will necessarily be accepted by customers, and if they are not, they may affect our group’s business performance.」
Customer acceptance of the group’s unique store concepts and initiatives is identified as an uncertainty.