Higher Costs Driven by Aggressive Renovation Investment and Personnel Expenses for New Stores
First written in FY2017-Q2. 2 of 5 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2020: 6 of 21 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual reportThis securities report contains no description explaining higher expenses from aggressive renovation investment and labor costs at new locations as a single factor pattern.
- FY2018-Q1RestatedAnnual report
「Revenue increased due to new restaurant openings and the provision of higher-priced products, but profit declined as personnel expenses and other costs increased as a result of efforts to secure personnel.」
It repeats the pattern of efforts to secure personnel and higher labor costs associated with new openings and other factors weighing on profit. - FY2017RestatedAnnual report
「As a result of pursuing these aggressive investments, expenses exceeded the previous year, although they were in line with expectations.」
It states that higher expenses from aggressive investment continued, but remained within the expected range. - FY2017-Q3SoftenedAnnual report
「As a result of these aggressive investments, expenses exceeded the previous year, although they remained within the planned range.」
The risk of expenses exceeding the previous year due to aggressive investment remains, but the disclosure specifies that they were "within the planned range," making the description more limited than before. - FY2017-Q2First statedAnnual report
「On the cost side, expenses exceeded the previous year due to aggressive renovation investment and higher labor costs associated with new locations, among other factors.」
It states that expenses exceeded the previous year due to renovation investment and higher labor costs associated with new locations, among other factors.