Risk of New Store Openings Not Proceeding as Planned
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2018: 7 of 33 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If new store openings cannot proceed as planned, this may affect the earnings outlook.」
We continue to disclose the risk to business performance if new store openings do not proceed as planned because of opening conditions, profitability or other factors. - FY2019RestatedAnnual report
「If new store openings cannot proceed as planned, this may affect the earnings outlook.」
We continue to disclose the risk that store-opening plans may be changed based on the timing, location, scale and profitability of stores, affecting the earnings outlook. - FY2018First statedAnnual report
「We will continue to consider the timing, location and scale of store openings as appropriate from a comprehensive perspective. However, if a proposed opening does not meet our requirements because of opening conditions, profitability or other factors, we may change the region or timing of the opening. If new store openings cannot proceed as planned, this may affect our earnings outlook.」
The disclosure indicates that the timing, location, scale and profitability of store expansion are considered, and that inability to open stores as planned may affect the earnings outlook.