Natural disaster risk associated with store concentration in the Tokai region
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 7 of 16 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company's stores are concentrated in the Tokai region. If a natural disaster such as a major earthquake, typhoon, adverse weather or extreme weather occurs in the Tokai region, the number of customers could temporarily decline significantly, potentially affecting the Company's financial position and operating results through lower sales and other effects.」
The Company continues to describe the possibility that the concentration of stores in the Tokai region and natural disasters could reduce customer numbers and sales. - FY2020-Q2RestatedAnnual report
「The food-service industry continued to face a challenging operating environment due to rising labor and logistics costs, soaring raw material prices and the effects of a series of natural disasters.」
The Company has reconfirmed that a succession of natural disasters affected the operating environment of the eating-out industry. - FY2020-Q1RestatedAnnual report
「The food-service industry continued to face a challenging operating environment due to rising labor and logistics costs, soaring raw material prices and the effects of a series of natural disasters.」
The Company has reconfirmed that a succession of natural disasters affected the operating environment of the eating-out industry. - FY2019First statedAnnual report
「The Company's stores are concentrated in the Tokai region. If a natural disaster such as a major earthquake, typhoon, adverse weather or extreme weather occurs in the Tokai region, the number of customers could temporarily decline significantly, potentially affecting the Company's financial position and operating results through lower sales and other effects.」
The Company states that same-store sales fell 1.0% year on year in the fiscal year ended July 2019 due to natural disasters such as typhoons.