Constraints on New Store Development under Zoning Regulations and the Large-Scale Retail Stores Location Act
First written in FY2017. 3 of 4 entries say "Worsened", first in FY2020. Latest entry: FY2025.
Aeon moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「In digital and logistics-related investments, particularly in the IT sector, technological innovation is rapid. Changes in the operating environment may result in shortages of personnel needed to adopt new technologies for services, investment projects becoming obsolete faster than expected, or the Group falling behind competitors.」
In addition to restrictions on store openings and construction, shortages of personnel for digital and logistics investments, technological obsolescence, competitive disadvantage and longer investment recovery periods were explicitly identified as risks. - FY2022WorsenedAnnual report
「The development of commercial facilities is subject to the City Planning Act, Building Standards Act and Large-Scale Retail Stores Location Law in Japan, as well as the applicable laws and regulations of each country and region overseas. Depending on the content of city planning, restrictions may be imposed on store openings in suburban areas. In addition, chronic labor shortages in the construction industry resulting from rising real estate prices and reconstruction demand following major disasters, as well as higher construction material prices, may increase real estate acquisition and construction costs and extend construction periods.」
In addition to restrictions on store openings and construction cost increases, the risks of obsolescence of digital and logistics investments, labor shortages and longer investment recovery periods were explicitly identified. - FY2020WorsenedAnnual report
「In addition, chronic labor shortages in the construction industry resulting from rising real estate prices and reconstruction demand following major disasters, as well as higher construction material prices, may increase real estate acquisition and construction costs and extend construction periods.」
In addition to restrictions on store openings, the risks of higher acquisition and construction costs due to shortages of construction workers and higher construction material prices, as well as longer construction periods, were specified. - FY2017First statedAnnual report
「The development of commercial facilities with total floor space exceeding 10,000 m² (large-scale customer-attraction facilities) is restricted under the City Planning Act and the Building Standards Act.」
Regulations governing large-scale customer-attraction facilities exceeding 10,000 m² may constrain store openings and growth strategies.