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Eternal Hospitality Group (3193) · RiskDropped

Impact of prolonged rain and typhoons on same-store sales

First written in FY2018-Q1. 6 of 9 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2021.

9entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2018-Q1 – FY2019-Q1RestatedFY2019-Q2 – FY2019-Q3MaterialisedFY2020-Q12017: 12018: 420182019: 320192020: 020202021: 12021
Same theme, other companies
Decline in same-store sales due to a record-breaking typhoonA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

Eternal Hospitality Group moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).

1 other company's 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.
Full recordFilings, disclosures and news, newest first
  1. FY2021DroppedAnnual report
    This filing does not separately identify prolonged rains, typhoons or other adverse weather as a specific factor affecting same-store sales.
  2. FY2020-Q1MaterialisedAnnual report

    「As the number of stores declined by a net 10 following the closure of 20 underperforming stores in the previous fiscal year, and due to adverse weather including Typhoon Hagibis in October 2019, sales were ¥8,509,743 thousand, down 4.6% year on year.」

    Adverse weather, including Typhoon Hagibis in October 2019, occurred and is cited, together with the net decline in the number of stores, as a factor behind the 4.6% year-on-year decline in sales.
  3. FY2019-Q3RestatedAnnual report

    「Even excluding temporary factors such as adverse weather and natural disasters, the industry as a whole remains somewhat lacking in strength.」

    Adverse weather and natural disasters are included in the assessment of the operating environment for the food-service business as temporary factors, but no new specific damage is described.
  4. FY2019-Q2RestatedAnnual report

    「Even excluding temporary factors such as adverse weather and natural disasters, the industry as a whole remains somewhat lacking in strength.」

    Adverse weather and natural disasters continue to be included in the assessment of the operating environment for the food-service business as temporary factors, but no new specific damage is described for the current quarter.
  5. FY2019-Q1MaterialisedAnnual report

    「Partly due to the impact of all stores being closed because of a typhoon, same-store sales remained at 91.7% of the year-earlier level, and conditions remain challenging.」

    The closure of all stores due to a typhoon actually occurred and is cited as a factor behind same-store sales remaining at 91.7% of the year-earlier level.
  6. FY2018MaterialisedAnnual report

    「In addition, intensifying competition as competitors changed their business formats to chicken-focused operations, record-breaking prolonged rains and typhoons, natural disasters, and the impact of the enthusiasm surrounding the FIFA World Cup, among other factors, resulted in a 5.7% year-on-year decline in customer traffic at existing stores, while same-store sales remained at 96.3% of the prior-year level.」

    Prolonged rains, typhoons and other adverse weather conditions, along with natural disasters and other factors such as intensifying competition, are cited as causes of the 5.7% decline in customer traffic at existing stores and same-store sales of 96.3% of the prior-year level.
  7. FY2018-Q3MaterialisedAnnual report

    「During the cumulative third quarter of the current fiscal year, same-store sales were limited to 98.4% of the year-earlier period due to the effects of record-long rainfall in the Kanto region, typhoons making landfall on weekends for 2 consecutive weeks in October 2017, heavy snowfall in the Kanto region in January, price revisions and other factors.」

    Prolonged rain, weekend typhoons and heavy snowfall in the Kanto region actually occurred and, together with price revisions and other factors, were identified as factors contributing to same-store sales being limited to 98.4% of the year-earlier period.
  8. FY2018-Q2MaterialisedAnnual report

    「During the cumulative second quarter of the current fiscal year, same-store sales were limited to 99.9% of the year-earlier period due to the effects of record-long rainfall in the Kanto region, typhoons making landfall on weekends for 2 consecutive weeks in October last year, heavy snowfall in the Kanto region in January, price revisions and other factors.」

    In addition to the previously identified prolonged rain and typhoons, heavy snowfall in the Kanto region actually occurred and, together with price revisions and other factors, was identified as a factor contributing to same-store sales being limited to 99.9% of the year-earlier period.
  9. FY2018-Q1MaterialisedAnnual report

    「Due to the effects of record-long rainfall in the Kanto region and typhoons making landfall on weekends for 2 consecutive weeks in October, among other factors, same-store sales were limited to 99.2% of the year-earlier period.」

    The company identifies record-long rainfall and weekend typhoons as events that actually occurred and as factors contributing to same-store sales being limited to 99.2% of the year-earlier period.
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Impact of prolonged rain and typhoons on same-store sales | Eternal Hospitality Group Co.,Ltd. (3193) | Komori