Risk of store-opening plans falling short due to unsuitable conditions
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2025.
HIDAY HIDAKA Corp. moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 6 of 14 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The Company mainly operates a chain of restaurants serving ramen, gyoza and Chinese cuisine, primarily through directly operated stores in the Tokyo metropolitan area. It operates stores in busy commercial areas in front of stations and, by format, mainly under the Hidakaya brand. In addition to its traditional policy of opening stores in busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures, the Company intends to open stores along suburban roadside locations. However, it decides where to open stores after considering the trade area, location and lease conditions and store profitability. If it cannot find properties that meet its desired conditions and is unable to open stores as planned, the Company's performance may be affected.」
The scope of the risk of failing to meet store-opening plans has been expanded from a focus on busy commercial areas in front of stations to include trade areas, locations, lease conditions and profitability, including suburban roadside locations. - FY2021RestatedAnnual report
「The Company intends to continue focusing on opening stores in the traditional locations, such as busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures. However, it decides where to open stores after considering the location and lease conditions and store profitability. If it cannot find properties that meet its desired conditions and is unable to open stores as planned, the Company's performance may be affected.」
The disclosure continues to describe the risk of being unable to open stores as planned because properties meeting the location, lease and profitability requirements cannot be found. - FY2019RestatedAnnual report
「The Company intends to continue focusing on opening stores in the traditional locations, such as busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures. However, it decides where to open stores after considering the location and lease conditions and store profitability. If it cannot find properties that meet its desired conditions and is unable to open stores as planned, the Company's performance may be affected.」
The policy of opening stores in busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures, and the risk of failing to meet plans if suitable properties cannot be found continue to be disclosed. - FY2018RestatedAnnual report
「The Company intends to continue focusing on opening stores in the traditional locations, such as busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures. However, it decides where to open stores after considering the location and lease conditions and store profitability. If it cannot find properties that meet its desired conditions and is unable to open stores as planned, the Company's performance may be affected.」
The disclosure continues to describe the policy of opening stores in busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures, and the risk of failing to meet plans if suitable properties cannot be found. - FY2017First statedAnnual report
「The Company intends to continue focusing on opening stores in the traditional locations, such as busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures. However, it decides where to open stores after considering the location and lease conditions and store profitability. If it cannot find properties that meet its desired conditions and is unable to open stores as planned, the Company's performance may be affected.」
While stating its policy of opening stores in busy commercial areas in front of stations across the Tokyo metropolitan area, including Tokyo and the three surrounding prefectures, the Company described the risk of failing to meet its plans if suitable properties cannot be found.