Securing Store Locations and Renewing Lease Agreements
First written in FY2016. 2 of 7 entries say "Restated". Latest entry: FY2024.
create restaurants holdings moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2024: 3 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「In light of partial changes in the conditions for prime locations since the COVID-19 pandemic and the trend toward higher investment amounts due to inflation, we are reviewing our investment criteria.」
It has reframed the risks relating to securing store sites and lease agreements as a review of investment criteria in light of changes in location conditions after COVID-19 and higher investment amounts due to inflation. - FY2022MitigatedAnnual report
「However, as COVID-19 has changed the conditions for prime locations, we are reviewing store locations and negotiating rent reductions.」
It recognizes the risk that infectious diseases may change the conditions for prime locations and is responding by reviewing store locations and negotiating rent reductions. - FY2020WorsenedAnnual report
「Furthermore, in view of the impact of COVID-19, the initially expected profitability may not be maintained due to requirements to ensure social distancing and requests to shorten operating hours.」
In addition to the risks relating to securing sites and continuing lease agreements, it adds the possibility that store profitability may not be maintained due to social-distancing requirements and requests to shorten operating hours resulting from infectious diseases. - FY2019RestatedAnnual report
「Among our lease agreements, fixed-term lease agreements in particular may not be renewed after expiration.」
It continues to identify securing prime locations, the composition of business formats, and renewing fixed-term lease agreements as risks. - FY2018-Q3MaterialisedAnnual report
「As there were cases including withdrawals following the expiration of fixed-term lease agreements for food courts operated under comprehensive contracts,」
Following the expiration of fixed-term lease agreements, the Group actually withdrew from food courts it had operated under contract. The risk relating to the renewal and continuation of lease agreements materialized as actual store closures. - FY2017RestatedAnnual report
「Accordingly, it may not be possible to secure sufficient sites for the planned number of new stores, which could affect our Group's earnings outlook.」
It continues to identify securing prime locations, the composition of business formats, and renewing fixed-term lease agreements as risks in its store-opening policy. - FY2016First statedAnnual report
「It may not be possible to secure sufficient sites for the planned number of new stores, which could affect our Group's earnings outlook.」
It identifies securing prime locations, the composition of business formats, and renewing fixed-term lease agreements as risks in its store-opening policy.