Store Closures and Declining Customer Traffic Due to a Novel Infectious Disease Outbreak
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Group operates izakaya and other stores nationwide. If a novel infectious disease emerges and becomes widespread, disruptions to domestic and overseas supply chains, requests to refrain from going out and restrictions on activity may result in store closures and declines in customer traffic and users.」
The company continues to identify as risks the possibility of supply chain disruptions, store closures, declining customer traffic, deteriorating profitability and impairment losses resulting from a pandemic of a novel infectious disease. - FY2024First statedAnnual report
「The Group operates izakaya and other stores nationwide. If a novel infectious disease such as COVID-19 emerges and becomes widespread, disruptions to domestic and overseas supply chains, requests to refrain from going out and restrictions on activity may result in store closures and declines in customer traffic and users. This could reduce sales and weaken profitability, while impairment losses on fixed assets and goodwill could be recorded, potentially affecting the Group's operating results and financial position.」
The company identifies as a new risk the possibility of supply chain disruptions, store closures, declining customer traffic and impairment losses resulting from a future pandemic of a novel infectious disease, separate from COVID-19.