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Top Culture (7640) · RiskRestated

Risk of failing to meet store-opening plans due to site selection, landlord negotiations, and franchise constraints

First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2020.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY20202018: 120182019: 120192020: 120202021: 1
Same theme, other companies
Risk of Delays to Store Openings and Expansions under the Large-Scale Retail Store Location ActA theme 45 companies write about · 45 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.

32 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 45 companies compared. The sentences above are computed from all 45.
Full recordFilings, disclosures and news, newest first
  1. FY2020RestatedAnnual report

    「However, because store openings generally involve leasing land and buildings, the speed of expansion is affected by negotiations with landlords and landowners, as well as by procedures under the Large-Scale Retail Stores Location Act described below.」

    The company continues to disclose negotiations with landlords and landowners, procedures under the Large-Scale Retail Stores Location Act, and restrictions due to limited opportunities for new stores caused by other companies' franchise stores as risks of falling short of its store-opening plans.
  2. FY2019RestatedAnnual report

    「However, because store openings generally involve leasing land and buildings, the speed of expansion is affected by negotiations with landlords and landowners, as well as by procedures under the Location Act described below. In addition, franchise stores operated by other companies are also expanding in various areas, and in some regions the company may face restrictions due to limited opportunities for new store openings.」

    The company continues to disclose negotiations with landlords and landowners, procedures under the Large-Scale Retail Stores Location Act, and restrictions due to limited opportunities for new stores caused by other companies' franchise stores as risks of falling short of its store-opening plans.
  3. FY2018RestatedAnnual report

    「However, because store openings generally involve leasing land and buildings, the speed of expansion is affected by negotiations with landlords and landowners, as well as by procedures under the Location Act described below. In addition, franchise stores operated by other companies are also expanding in various areas, and in some regions the company may face restrictions due to limited opportunities for new store openings. If these factors prevent the company from opening stores as planned, this could affect its business performance.」

    The company continues to disclose negotiations with landlords and landowners, procedures under the Large-Scale Retail Stores Location Act, and restrictions due to limited opportunities for new stores caused by other companies' franchise stores as risks of falling short of its plans.
  4. FY2017First statedAnnual report

    「However, because store openings generally involve leasing land and buildings, the speed of expansion is affected by negotiations with landlords and landowners, as well as by procedures under the Location Act described below. In addition, franchise stores operated by other companies are also expanding in various areas, and in some regions the company may face restrictions due to limited opportunities for new store openings.」

    The company indicates that negotiations with landlords and landowners for leased properties, procedures under the Large-Scale Retail Stores Location Act, and limited opportunities for new stores due to other companies' franchise stores may prevent it from opening stores as planned.
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Risk of failing to meet store-opening plans due to site selection, landlord negotiations, and franchise constraints | TOP CULTURE Co.,Ltd. (7640) | Komori