Shortfalls against retail store-opening plans and unprofitable stores
First written in FY2017. 3 of 6 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2023.
The whole theme swung hardest in 2018: 11 of 30 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「Regarding store development, 10 stores had opened and 1 store opened in December of the following fiscal year, resulting in achievement of the planned 11 stores. (Number of stores: 78 as of 27 February 2024)」
It states that the store development plan for 11 stores was achieved, mitigating the previously disclosed risk of failing to meet the plan for the current fiscal year. - FY2023-Q3MitigatedAnnual report
「Regarding store development, 10 stores have opened and development of 1 store is expected, indicating steady progress toward achieving the planned 11 stores. (Number of stores: 78 as of 4 October 2023)」
With 10 stores opened against the plan for 11 and development of 1 additional store expected, the likelihood of achieving the plan has increased from the previous quarter. - FY2023-Q2MitigatedAnnual report
「Regarding store development, 4 stores have opened and development of 6 stores is expected. The plan for 11 stores is expected to be largely achieved, and progress has been steady.」
Progress has been made from the previous quarter's expectation of 9 stores against the plan for 11. Four stores have opened and development of 6 stores is expected, with the plan expected to be largely achieved. - FY2023-Q1Store development plan: 9 stores expected against a target of 11Annual report
「Regarding store development, 9 stores are expected to be developed against a plan for 11 stores, and progress has been steady.」
Store development is expected to reach 9 stores against a plan for 11, but the Company states that progress has been steady. - FY2019RestatedAnnual report
「The Company will continue to develop stores effectively to expand retail sales based on area marketing. However, an increase in unprofitable stores or failure to open stores as planned could affect the Company's business performance and financial condition.」
It continues to disclose the potential impact of an increase in unprofitable stores and failure to meet plans on business performance and financial condition. - FY2017MaterialisedAnnual report
「However, due in part to the failure to meet store-opening plans for expanding the retail sales channel, the Company was unable to eliminate its operating loss through the cumulative second quarter.」
It reports the failure to meet its store-opening plan as an actual result. It also identifies an increase in unprofitable stores and the impact of failing to open stores as planned as risks.