Securing Properties for New Store Openings and Shortfalls in Projected Earnings
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 7 of 32 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Even if suitable properties can be secured, the planned store earnings may not be achieved, and new stores may not open as planned.」
The impact on the new store-opening plan from uncertainty over securing properties and failure to achieve planned earnings continues. - FY2022RestatedAnnual report
「There is no guarantee that properties meeting the conditions required by the Group can always be secured. Even if suitable properties can be secured, the planned store earnings may not be achieved, and new stores may not open as planned.」
The impact on the new store-opening plan from uncertainty over securing properties and failure to achieve planned earnings continues to be disclosed. - FY2021RestatedAnnual report
「There is no guarantee that properties meeting the conditions required by the Group can always be secured. Even if suitable properties can be secured, the planned store earnings may not be achieved, and new stores may not open as planned.」
The impact on the new store-opening plan from uncertainty over securing properties and failure to achieve planned earnings continues to be disclosed. - FY2020MaterialisedAnnual report
「The difficult operating environment continues, with stores being forced to shorten their operating hours or close in response to requests from the government and local authorities to refrain from going out due to the spread of COVID-19. In addition, personal consumption is expected to remain sluggish and customer traffic to decline.」
It states that reduced operating hours and temporary closures resulting from the spread of infectious diseases affected the store-opening plan. The planned openings for the fiscal year ending March 2021 were also not included in the capital investment plan because reasonable estimates were difficult. - FY2019RestatedAnnual report
「There is no guarantee that properties meeting the conditions required by the company can always be secured. Moreover, even if a suitable property can be secured, the planned store earnings may not be achieved, and new locations may not be opened as planned.」
The company continues to describe the uncertainty of securing properties and the impact of falling short of planned earnings on the new-location opening plan. - FY2018RestatedAnnual report
「There is no guarantee that properties meeting the conditions required by the company can always be secured. Moreover, even if a suitable property can be secured, the planned store earnings may not be achieved, and new locations may not be opened as planned.」
The company continues to describe the uncertainty of securing properties and the impact of falling short of planned earnings on the opening plan. - FY2017RestatedAnnual report
「There is no guarantee that properties meeting the conditions required by the company can always be secured. Moreover, even if a suitable property can be secured, the planned store earnings may not be achieved, and new locations may not be opened as planned.」
The risks that securing properties and falling short of planned earnings may affect the new-location opening plan are reiterated. - FY2016First statedAnnual report
「There is no guarantee that properties meeting the conditions required by the company can always be secured. Moreover, even if a suitable property can be secured, the planned store earnings may not be achieved, and」
The impact on performance if new locations cannot be opened as planned is identified as a risk.