Higher New Store Opening Costs and Longer Construction Periods
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2022.
0 other companies' latest entry also says "Other".
- FY2022Land price and rent risk addedAnnual report
「As material prices rise and labor shortages persist, construction costs may increase, construction periods may lengthen, and rents may rise due to soaring land prices in the two major metropolitan areas.」
The company has added the risk of higher rents due to soaring land prices in the two major metropolitan areas to the existing risks of rising construction costs and longer construction periods associated with opening new stores. - FY2020RestatedAnnual report
「As construction costs rise and labor shortages persist, higher costs for opening new stores and longer construction periods may affect the group’s operating results and financial condition.」
The company continues to disclose the risks of higher new-store opening costs and longer construction periods resulting from rising construction costs and labor shortages. - FY2018First statedAnnual report
「While construction costs are rising and labor shortages persist due to preparations for the Olympics and other factors, higher new store opening costs and longer construction periods could affect the Group's business performance and financial condition.」
First describes higher construction and opening costs, labor shortages and longer construction periods as specific risks for new stores.