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Mbk (3121) · RiskDropped

Risk to store performance from food poisoning and changing consumer preferences

First written in FY2016. 3 of 11 entries say "Restated". Latest entry: FY2024.

11entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018MaterialisedFY2019-Q3 – FY2019WorsenedFY2022-Q1 – FY2023-Q1ReframedFY20232016: 120162017: 120172018: 120182019: 220192020: 120202021: 120212022: 120222023: 220232024: 020242025: 1
Same theme, other companies
Food safety risks, including food poisoningA theme 83 companies write about · 84 as a headwind · 0 as a tailwind

Mbk moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).

0 other companies' latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 83 companies compared. The sentences above are computed from all 83.
Full recordFilings, disclosures and news, newest first
  1. FY2024DroppedAnnual report

    「Accordingly, the company completely withdrew from the operations business.」

    The company completely withdrew from the businesses subject to store performance risks from food poisoning and changes in consumer preferences, including food service, hotels, and store operations.
  2. FY2023ReframedAnnual report

    「Until the fiscal year under review, the Group provided food and beverages through its restaurant and contract catering businesses. At that time, it maintained thorough food hygiene controls to prevent incidents such as food poisoning, but if such an incident occurred or problematic ingredients were used for reasons beyond the company's control, the company's social credibility and that of the affected stores could decline. The Group currently provides entertainment services such as bowling, but changes in consumer preferences may cause store performance to deteriorate.」

    Following the end of the food service and contract catering businesses, food safety risk relates to past operations, while current store performance risk is primarily associated with consumer preferences for bowling and other entertainment.
  3. FY2023-Q3MitigatedAnnual report

    「Meanwhile, in the hotel and leisure market, personal consumption showed slight signs of recovery as no restrictions such as priority preventive measures were imposed in response to COVID-19.」

    In the hotel and leisure market, no restrictions were imposed, and personal consumption showed slight signs of recovery.
  4. FY2023-Q1WorsenedAnnual report

    「Meanwhile, the hotel and leisure market requires close monitoring due to the resurgence of COVID-19 infections.」

    For the hotel and leisure market, caution is indicated regarding demand and store performance due to the resurgence of infections, and the environment surrounding the existing consumption and customer acquisition risks has become more challenging.
  5. FY2022-Q1WorsenedAnnual report

    「The hotel and leisure market remains challenging, with lower consumer sentiment due to declining personal income and competition to attract customers as a result of the state of emergency declaration. However, economic recovery is expected as COVID-19 vaccination coverage increases.」

    Declining personal income and competition to attract customers are identified as factors contributing to continued weakness in the hotel and leisure market.
  6. FY2020RestatedAnnual report

    「Although the company maintains thorough food hygiene controls to prevent incidents such as food poisoning, if such an incident occurs or problematic ingredients are used for reasons beyond the company's control, the company's social credibility and that of the affected stores may decline. In services providing entertainment such as bowling and internet cafés, changes in consumer preferences may cause store performance to deteriorate.」

    Risks to store performance and credibility from food safety incidents and changes in consumer preferences continue to be identified.
  7. FY2019MaterialisedAnnual report

    「Sales decreased 10.4% due to weak sales at 株式会社ケンテン, which operates apparel and accessories stores in a difficult environment marked by the prolonged consumer preference for saving and higher labor costs due to efforts to secure personnel.」

    Against a backdrop of consumers' preference for saving and higher labor costs, weak sales at 株式会社ケンテン have materialized as a decline in revenue from the operations business.
  8. FY2019-Q3MaterialisedAnnual report

    「Sales decreased 15.6% from ¥1,012 million in the same period of the previous year, mainly due to the effect of weak sales at 株式会社ケンテン, which operates apparel and accessories stores in a difficult environment marked by the prolonged consumer preference for saving and higher labor costs due to efforts to secure personnel, as well as the temporary closure of the Group's flagship facility, Kakogawa Plaza Hotel, for major renovation work.」

    The prolonged consumer preference for saving has materialized as store performance risk in the form of weak sales at 株式会社ケンテン's apparel and accessories stores.
  9. FY2018RestatedAnnual report

    「Although the company maintains thorough food hygiene controls to prevent incidents such as food poisoning, if such an incident occurs or problematic ingredients are used for reasons beyond the company's control, the company's social credibility and that of the affected stores may decline.」

    Risks to store performance and credibility from food safety incidents and changes in consumer preferences continue to be identified.
  10. FY2017RestatedAnnual report

    「If, despite the company's thorough food hygiene controls to prevent incidents such as food poisoning, an incident occurs or problematic ingredients are used for reasons beyond the company's control, the company's social credibility and that of the affected stores may decline. In services providing entertainment such as bowling and internet cafés, changes in consumer preferences may cause store performance to deteriorate.」

    The risk to store performance from food safety incidents and changes in consumer preferences continues to be identified.
  11. FY2016First statedAnnual report

    「If an incident such as food poisoning occurs, or if problematic ingredients are used for reasons beyond the company's control, the company's social credibility and that of the affected stores may decline. In services providing entertainment such as bowling and internet cafés, changes in consumer preferences may cause store performance to deteriorate.」

    Food safety incidents and changes in preferences for entertainment services are identified as separate factors affecting the business.
Moved together

"Risk of fluctuations in financial position and operating results" moved the same way as this thread, in the same document, in 3 of its 11 moves.

332222★123456
  1. ★This thread
  2. 1Risk of fluctuations in financial position and operating results3×
  3. 2Earnings volatility due to lodging contract expirations, lower utilization and renovation spending3×
  4. 3Opening a Cryptocurrency Exchange in Hong Kong2×
  5. 4Investment Value and Recoverability Risk from Stock Market Volatility2×
  6. 5Risk of securing core personnel, temporary employees and skilled workers2×
  7. 6Impact of COVID-19 on Hotel and Leisure Operations and Business Performance2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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News
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Risk to store performance from food poisoning and changing consumer preferences | MBK Co.,Ltd. (3121) | Komori