Uncertainty in New Store Opening Plans Due to Site Conditions and Property Availability
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 6 of 14 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「We are promoting sales through e-commerce sites and B2B channels as means of providing a diverse range of products and services to handicraft enthusiasts nationwide, thereby seeking to reduce the risks associated with store expansion. However, the success of our store profitability plan, and consequently business performance, could be affected by whether we can secure properties that meet our store-opening requirements and by measures addressing unprofitable stores.」
The company explicitly stated that it is promoting e-commerce and B2B sales as alternative channels to reduce the risks associated with store expansion. The risks related to securing properties and addressing unprofitable stores continue. - FY2023RestatedAnnual report
「We intend to continue restructuring our store network based on an area strategy. However, business performance could be affected by whether we can secure properties that meet the requirements for low-cost stores when opening new locations, as well as by measures addressing unprofitable stores.」
The company continues to identify the ability to secure properties and measures addressing unprofitable stores as risks to its store network restructuring and new store-opening plans. - FY2022First statedAnnual report
「Although we intend to continue opening new stores, the success of our store-opening plan and store sales plan will depend on whether we can secure properties that meet our requirements, given our aim of developing stores through low-cost operations with a focus on investment efficiency」
The company identified the ability to secure suitable properties as a risk to its store-opening plan, based on its policy of opening new stores and operating on a low-cost basis.