Acquiring Suburban Properties to Meet Store Opening Demand in the COVID-19 Era
First written in FY2021-Q3. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2026.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our policy is to focus on acquiring store properties with strong marketability.」
The policy of acquiring store properties with strong marketability continued. This filing does not explicitly state any new progress in acquiring suburban properties. - FY2021AdvancedAnnual report
「After the declaration was lifted, the Company first responded to food-service tenants' recovering appetite for new store openings and focused on attracting tenants to subleased properties for which cancellation notices had been received. It then resumed acquiring suburban store properties, in addition to properties in central Tokyo, to address demand for new store openings in the post-pandemic era.」
The acquisition of suburban store properties progressed from merely being initiated to the stage of resuming acquisitions that included suburban properties in addition to central Tokyo properties. - FY2021-Q3First statedAnnual report
「Following the lifting of the state of emergency, we first focused on attracting tenants to subleased properties for which cancellation notices had been submitted, in response to the recovery in restaurant tenants' appetite for opening new locations, and then began acquiring suburban retail properties to address demand for new locations in the era of living with COVID-19.」
The Company first explicitly stated that it had begun acquiring suburban store properties as a measure to address new demand for store openings during the infection.