Risk of Price and Performance Impact from Amendments to the Liquor Tax Act
First written in FY2018-Q1. 2 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2018: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2019DroppedAnnual report
「The number of customers declined and store profitability decreased, following factors including the price revision in October 2017, the first revision in 28 years, against a backdrop of rising costs such as labor expenses.」
Regarding the amendment to the Liquor Tax Act, which had been cited alongside other factors behind the price revision through the previous year, no express reference has been identified in the management policies and risk disclosures in this filing. - FY2018-Q3RestatedAnnual report
「In addition, after comprehensively considering economic conditions, including rising personnel expenses, the risk of surging procurement prices and the impact of amendments to the Liquor Tax Act, we revised the uniform price from ¥280, excluding tax, to ¥298, excluding tax, effective from October 2017.」
The company continues to identify the impact of amendments to the Liquor Tax Act as one of the economic conditions considered when reviewing uniform pricing. - FY2018-Q2RestatedAnnual report
「In addition, after comprehensively considering economic conditions, including rising personnel expenses, the risk of surging procurement prices and the impact of amendments to the Liquor Tax Act, we revised the uniform price from ¥280, excluding tax, to ¥298, excluding tax, effective from October last year.」
The company continues to identify the impact of amendments to the Liquor Tax Act as one of the economic conditions considered when reviewing uniform pricing. - FY2018-Q1First statedAnnual report
「In addition, we comprehensively consider economic conditions, including rising personnel expenses, the risk of surging procurement prices and the impact of amendments to the Liquor Tax Act,」
For the first time, the company expressly identifies the impact of amendments to the Liquor Tax Act as one of the economic conditions considered when reviewing uniform pricing.