Delays in Store Openings and Higher Opening Costs Due to Laws and Ordinances
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「In response to these risks, the Group aims to develop stores and systems with low break-even points, promote store openings viable within smaller trade areas, revitalize existing stores through renovations and personnel development, and roll out standardized stores across multiple locations.」
Specific measures have been established to address the risks of delays and higher costs for new store openings and store closures due to population decline, including stores serving smaller trade areas, renovations of existing stores, personnel development and store standardization. - FY2021ReframedAnnual report
「In addition, population decline, including a decline in the working-age population due to the declining birthrate and an aging population, may reduce the market size in areas where stores are located and increase costs such as labor costs. If stores can no longer continue operating and are closed as a result, the Group’s operating results and financial condition may be affected.」
In addition to delays and higher costs for new store openings due to laws, ordinances and coordination with local governments, the possibility of market contraction, higher labor costs and store closures due to population decline is identified. - FY2019RestatedAnnual report
「If regulations under laws or ordinances, including the City Planning Act and the Act on the Measures by Large-Scale Retail Stores for Preservation of Living Environment, require extended coordination with residents or local governments, resulting in longer lead times or higher costs for opening stores and preventing openings as originally planned, the Group’s operating results and financial condition may be affected.」
The risks posed by laws and ordinances relating to store openings and coordination with residents and local governments have been reaffirmed. - FY2017RestatedAnnual report
「If regulations under laws or ordinances, including the City Planning Act and the Act on the Measures by Large-Scale Retail Stores for Preservation of Living Environment, require extended coordination with residents or local governments, resulting in longer lead times or higher costs for opening stores and preventing openings as originally planned, the Group’s operating results and financial condition may be affected.」
The risks posed to store-opening plans by laws and ordinances and coordination with residents and local governments have been reaffirmed. - FY2016First statedAnnual report
「If regulations under laws or ordinances, including the City Planning Act and the Act on the Measures by Large-Scale Retail Stores for Preservation of Living Environment, require extended coordination with residents or local governments, resulting in longer lead times or higher costs for opening stores and preventing openings as originally planned, the Group’s operating results and financial condition may be affected.」
Institutional and coordination risks associated with the policy of expanding store openings.