Securing Properties, Leasehold Deposits and Store Impairment
First written in FY2019. 5 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 6 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If store performance deteriorates due to changes in the population of the trading area, traffic volume, or the status of competing stores, or if idle assets arise in connection with store closures, impairment losses will be recognized.」
The company continues to address store-related risks concerning the securing of store properties, security deposits, and store closures and impairment. - FY2024RestatedAnnual report
「If store performance deteriorates due to changes in the population of the trading area, traffic volume, or the status of competing stores, or if idle assets arise in connection with store closures, impairment losses will be recognized.」
The company continues to disclose store-related risks concerning store properties, security deposits, and store closures and impairment. - FY2023RestatedAnnual report
「If store performance deteriorates in the future due to changes in the population within the trading area, traffic volume or the status of competing stores, or if idle assets arise following store closures, impairment losses would be recognized, potentially affecting our group’s operating results and financial position.」
The company continues to disclose store-related risks concerning store properties, security deposits, and store closures and impairment. - FY2022RestatedAnnual report
「If store performance deteriorates in the future due to changes in the population within the trading area, traffic volume or the status of competing stores, or if idle assets arise following store closures, impairment losses would be recognized, potentially affecting our group’s operating results and financial position.」
The company continues to disclose store-related risks concerning the securing of store properties, security deposits, and store closures and impairment. - FY2021RestatedAnnual report
「If store performance deteriorates in the future due to changes in the population within the trading area, traffic volume or the status of competing stores, or if idle assets arise following store closures, impairment losses would be recognized, potentially affecting our group’s operating results and financial position.」
The company continues to disclose a range of store-related risks, including store properties, security deposits, and store closures and impairment. - FY2020MaterialisedAnnual report
「Because we were unable to secure properties meeting our store-opening criteria, investment was limited to 6 stores.」
Unable to secure properties meeting its store-opening criteria, the company opened only 6 new stores instead of the planned 8. The risk of securing properties has affected the store-opening plan. - FY2019First statedAnnual report
「If store performance deteriorates in the future due to changes in the population within the trading area, traffic volume or the status of competing stores, or if idle assets arise following store closures, impairment losses would be recognized, potentially affecting our group’s operating results and financial position.」
The company identifies securing properties for new stores, the creditworthiness of landlords, recovery of security deposits and impairment resulting from deteriorating store performance as a series of store-related risks.