Shortage of Store Sites, Construction Delays, and Failure to Meet Store Opening Plans
First written in FY2017. 6 of 10 entries say "Materialised", first in FY2025-H1. Latest entry: FY2026.
Chikaranomoto Holdings moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 6 of 14 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The recognition of initial costs for developing new areas due to changes in new countries or trading areas, as well as increased costs resulting from delays in new store openings included in the plan, also affected operating profit.」
Delays in new store openings included in the plan and initial costs for developing new areas actually occurred and affected operating profit. - FY2026-H1MaterialisedAnnual report
「The recognition of initial costs associated with developing new countries or areas, as well as increased costs resulting from delays in opening new stores included in the plan, also affected operating profit.」
Delays in opening new stores included in the plan actually occurred, and initial costs and costs associated with the delays affected operating profit. - FY2025MaterialisedAnnual report
「Particularly in the United States, new store openings were significantly delayed due to delays in obtaining administrative approvals and permits and delays in construction by contractors.」
For new store openings overseas, delays in obtaining approvals and permits and in construction actually occurred, affecting the failure to meet store opening plans and increasing costs. - FY2025-H1MaterialisedAnnual report
「The recognition of initial costs associated with developing new countries or areas, as well as increased costs resulting from delays in opening new stores included in the plan, also affected operating profit.」
The document states that delays in opening new stores included in the plan actually occurred and that the resulting cost increases affected operating profit. - FY2024RestatedAnnual report
「If the number of properties meeting the Group's store opening requirements falls short of the number planned, or if openings are delayed due to delays in construction or other work, the Group's revenue and operating profit may decline.」
The risk of failing to meet store opening plans due to insufficient properties or construction delays continues to be disclosed. - FY2020RestatedAnnual report
「If the number of properties meeting the Group's store opening requirements falls short of the number planned, or if openings are delayed due to delays in construction or other work, the Group may suspend execution of the plan,」
The possibility of failing to meet store opening plans due to insufficient properties or construction delays continues to be disclosed. - FY2019RestatedAnnual report
「If the number of properties meeting the Group's store opening requirements falls short of the number planned, or if openings are delayed due to delays in construction or other work, the Group may suspend execution of the plan,」
The possibility of failing to meet store opening plans due to insufficient properties or construction delays continues to be disclosed. - FY2017First statedAnnual report
「If the number of properties meeting the Group's store opening requirements falls short of the number planned, or if openings are delayed due to delays in construction or other work, the Group may suspend execution of the plan,」
The document indicates that the policy of actively opening stores may not proceed as planned due to difficulties securing properties and construction delays.