Changes to Opening Plans Due to Shopping Center Regulations and Property Shortages
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The Company will reduce the risk that store openings will not proceed as planned by actively pursuing openings not only in new shopping centers but also in existing shopping centers using existing fit-out properties.」
The measure of opening stores not only in new shopping centers but also in existing shopping centers using existing fit-out properties continues. - FY2021MitigatedAnnual report
「The Company will reduce the risk that store openings will not proceed as planned by actively pursuing openings not only in new shopping centers but also in existing shopping centers using existing fit-out properties.」
As a response to the risk of changes to store opening plans due to shopping center regulations and a shortage of suitable properties, the Company identified opening stores in existing shopping centers using existing fit-out properties as a measure. - FY2020RestatedAnnual report
「Shopping center openings are subject to regulations under the Large-Scale Retail Stores Location Act and other laws. If these regulations result in significant changes to the Company's store opening plans, its results may be affected. In addition, the Company may change the planned number of store openings if no properties meet its strict store opening criteria, which may also affect its results.」
The risk of changes to store opening plans due to shopping center regulations and a shortage of suitable properties is reiterated. - FY2019RestatedAnnual report
「Shopping center openings are subject to regulations under the Large-Scale Retail Stores Location Act and other laws. If these regulations result in significant changes to the Company's store opening plans, its results may be affected. In addition, the Company may change the planned number of store openings if no properties meet its strict store opening criteria, which may also affect its results.」
The risk of changes to store opening plans due to shopping center regulations and a shortage of suitable properties is reiterated. - FY2018RestatedAnnual report
「Shopping center openings are subject to regulations under the Large-Scale Retail Stores Location Act and other laws. If these regulations result in significant changes to the Company's store opening plans, its results may be affected.」
The risk of changes to store opening plans due to shopping center regulations and a shortage of suitable properties is reiterated. - FY2017First statedAnnual report
「As part of its future store opening policy, the Company continues to plan openings in shopping centers. Shopping center openings are subject to regulations under the Large-Scale Retail Stores Location Act and other laws. If these regulations result in significant changes to its store opening plans, the Company's results may be affected. In addition, the Company may change the planned number of store openings if no properties meet its strict store opening criteria, which may also affect its results.」
The disclosure identifies as risks regulations governing shopping center openings and changes to the planned number of openings due to a shortage of properties meeting the Company's strict store opening criteria.