Risk of Store Profitability Falling Short of Plan Due to Changes in Location and Competitive Environment After Opening
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 11 of 30 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「However, if transportation access changes after a Group store opens or new competitors, including companies in the same industry, enter the market, store earnings may fail to reach the level secured in the original plan, potentially affecting the Group's financial condition or business performance.」
The Company has reconfirmed the risk that changes in transportation access after opening or the entry of competitors could cause store earnings to fall short of plan. - FY2021First statedAnnual report
「However, if transportation access changes after a Group store opens or new competitors, including companies in the same industry, enter the market, store earnings may fail to reach the level secured in the original plan, potentially affecting the Group's financial condition or business performance.」
The Company separately disclosed the risk that changes in transportation access after opening or new competitive entrants could prevent store earnings from reaching the level projected in the original plan.