Risks of securing sites for new stores and failing to achieve planned profitability
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2018: 7 of 33 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「As a measure, in addition to external information traditionally obtained from real estate agents and others, we are working to obtain information broadly from our transaction banks and business partners. After opening stores, we will also compare plans with actual results, analyze issues, and implement measures based on that analysis.」
The company specified measures including expanding sources of information on sites for new stores to transaction banks and business partners in addition to real estate agents, comparing plans with actual results after opening stores, and implementing corrective measures. - FY2018RestatedAnnual report
「There is no guarantee that properties meeting the conditions required by our group can always be secured. Moreover, even if properties in line with our group’s plans are secured, planned store earnings may not be achieved.」
The disclosure continues to identify the risks of securing sites for new stores and falling short of planned earnings after securing them. - FY2016First statedAnnual report
「There is no guarantee that properties meeting the conditions required by our group can always be secured. Moreover, even if properties in line with our group’s plans are secured, planned store earnings may not be achieved.」
Both securing properties and store earnings after opening are identified as risks.