Komori
Chimney (3178) · RiskRestated

Decline in Customer Traffic Due to the Amended Health Promotion Act

First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2023.

4entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018ReframedFY2019RestatedFY2021 – FY20232018: 120182019: 120192020: 020202021: 120212022: 020222023: 12023
Same theme, other companies
The burden of addressing work-style reforms and measures to prevent passive smokingA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

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

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  1. FY2023RestatedAnnual report

    「The amended Health Promotion Act came into force on 1 April 2020. The Group is proceeding with a complete smoking ban and the installation of smoking booths. These measures are important to ensure that nonsmoking customers can dine with peace of mind and to protect the health of employees working at its restaurants. However, the Group's operating results and financial position could be affected if customers who enjoy smoking shift from the Group's restaurants to restaurants exempt from the regulations.」

    The Group continues to implement a complete smoking ban and install smoking booths following the enforcement of the amended Health Promotion Act, and describes the risk of an impact on results from smoking customers shifting to restaurants exempt from the regulations.
  2. FY2021RestatedAnnual report

    「The amended Health Promotion Act came into force on 1 April 2020. The Group is proceeding with a complete smoking ban and the installation of smoking booths. These measures are important to ensure that nonsmoking customers can dine with peace of mind and to protect the health of employees working at its restaurants.」

    Following the enforcement of the amended Health Promotion Act, the Group continues to implement a complete smoking ban and install smoking booths. The company also describes the risk of an impact on results from smoking customers shifting to other restaurants.
  3. FY2019ReframedAnnual report

    「In accordance with the amended Health Promotion Act, the Group is proceeding with a complete smoking ban and the installation of smoking booths.」

    The disclosure has shifted from the planned secondhand-smoking restrictions to the implementation of a complete smoking ban and smoking booths under the amended Health Promotion Act. Meanwhile, the risk of an impact on results from both smokers and nonsmokers avoiding the Group's restaurants continues.
  4. FY2018First statedAnnual report

    「An amendment to the Health Promotion Act is scheduled to prevent unwanted exposure to secondhand smoke. Although certain small restaurants will be exempt from the regulations as a transitional measure, the Group's izakaya restaurants will be subject to them. If smoking customers begin to avoid the Group's restaurants, the Group's operating results and financial position could be affected.」

    The company states that the planned secondhand-smoking restrictions under the amended Health Promotion Act could affect results by causing smoking customers to avoid its restaurants.
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