A slight recovery in companies’ willingness to open new stores
First written in FY2017-Q1. 3 of 19 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025Concerns About Weaker Consumer Spending Alongside External RisksAnnual report
「In Japan, conditions remain stagnant due to concerns that rising prices will weigh on personal consumption and the impact of trade issues.」
In addition to the previous assessment concerning service demand and the recovery in inbound visitors, the disclosure cites concerns that rising prices will weigh on personal consumption and the impact of trade issues. - FY2024Strong service demand and recovery in inbound visitors alongside concerns over interest rates and other factorsAnnual report
「As expectations build for stronger personal consumption following price increases and the realisation of wage growth, demand for services such as accommodation and dining remains strong, the number of inbound visitors has exceeded pre-COVID levels, and economic expansion continues.」
The disclosure describes the recovery in service demand and inbound visitors, while also citing concerns about the US economy, interest rates, foreign exchange rates and geopolitical risks, among other factors. - FY2024-Q2Recovery in passenger traffic alongside rising costsAnnual report
「In the station-front retail sector, consumer spending is showing signs of recovery as passenger traffic rebounds on increased inbound demand and the normalisation of economic activity. However, businesses continue to operate in a challenging environment due to rising costs, including labour, raw materials and utilities.」
While indicating a rebound in consumer spending driven by inbound demand, the normalisation of economic activity and recovering passenger traffic, the disclosure states that a challenging business environment continues due to rising labour, raw-material and utility costs. - FY2023RestatedAnnual report
「Domestic consumption is also showing a recovery trend, including a recovery in inbound demand.」
The market environment continues to be described as showing a recovery trend in domestic consumption, supported by regulatory easing and a recovery in inbound demand. - FY2023-Q3Recovery in demand for station-front stores amid regulatory easingAnnual report
「In Japan's station-front retail sector, passenger traffic gradually recovered as COVID-19 restrictions were eased, while signs also emerged of a recovery in personal consumption and an increase in inbound visitors.」
The assessment has been updated from references to the spread of COVID-19, store closures and restrictions on new store openings to a recovery trend in the station-front retail sector, driven by regulatory easing, the recovery in passenger traffic, a rebound in personal consumption and an increase in inbound visitors. - FY2022Recovery trend at customer stores alongside continued uncertaintyAnnual report
「For our customers that operate stores, including retailers and restaurants, the lifting nationwide of priority preventive measures and the resulting Golden Week without restrictions on activity led to a recovery trend, centered on family customers. However, uncertainty regarding COVID-19 continues, with Tokyo announcing 35,339 new infections and the nationwide total reaching 238,735 on Thursday, 4 August.」
While indicating that customer stores entered a recovery trend after restrictions on activity were lifted, the disclosure states that uncertainty continues against the backdrop of rising infection numbers. - FY2021-Q3Continued increase in companies opening new storesAnnual report
「Under these conditions, from mid-May 2020, store withdrawals remained elevated, while the number of companies opening new stores also increased.」
The market environment assessment states that store withdrawals remained elevated while the number of companies opening new stores increased. The wording has changed from the previous quarter's reference to an increase followed by another decline to once again indicate an increase in new store openings. - FY2021-Q2New store openings declining againAnnual report
「Under these conditions, store withdrawals remained elevated, while the number of companies opening new stores increased and then declined again.」
The market environment assessment has been updated to reflect that store withdrawals remained elevated, while the number of companies opening new stores increased once and then declined again. - FY2021-Q1Fewer store withdrawals and more new store openingsAnnual report
「In the station-front retail property sector to which we belong, store withdrawals gradually decreased, while the number of companies opening new stores also gradually increased.」
The market environment assessment has been updated from the coexistence of elevated store withdrawals and an increase in companies opening new stores in the previous period to a view that, in the current quarter, store withdrawals gradually decreased while the number of companies opening new stores gradually increased. - FY2020High levels of closures coexisting with an increase in new store openingsAnnual report
「Under these conditions, from mid-May, store closures remained at a high level, while the number of companies opening new locations also increased.」
While the spread of COVID-19 led to widespread cancellations of new store openings and closures, store withdrawals remained elevated from mid-May onward, and the number of companies opening new stores also increased. The market environment assessment has been updated accordingly. - FY2020-Q3Sharp decline in demand for new store openingsAnnual report
「As a result, restaurants, including karaoke venues and izakaya operated by the company’s customers, sports clubs and internet cafés stopped opening new locations and most existing locations were temporarily closed, with some operating only for takeout, leaving the outlook for recovery unclear.」
The market view changed from a recovery in companies’ willingness to open new locations to a situation in which customer companies stopped opening new locations and temporarily closed most existing locations against the backdrop of the COVID-19 pandemic. - FY2019Polarized changes in the market environmentAnnual report
「In the real estate industry in which the group operates, building owners’ bullish stance has remained high against a backdrop of rising land prices, making the process of closing transactions somewhat more difficult. In real estate brokerage, companies’ willingness to open new locations has remained high against a backdrop of strong inbound demand.」
The company notes both the difficulty of closing transactions due to building owners’ bullish stance and the high willingness to open new locations against a backdrop of strong inbound demand. - FY2018RestatedAnnual report
「Against this backdrop, in the station-front retail property industry surrounding the company, companies showed a strong willingness to open new locations, while property owners’ bullish stance toward station-front retail properties made it increasingly difficult to secure sublease agreements.」
The company continues to note both companies’ strong willingness to open new locations and the difficulty of securing sublease agreements due to property owners’ bullish stance. - FY2018-Q2Updated wording on the recovery in willingness to open new locationsAnnual report
「Even in the real estate industry, companies’ willingness to open new locations has shown a recovery.」
Regarding companies’ willingness to open new locations, the market environment is described as having changed from “a slight recovery” to “a recovery has been seen.” - FY2018-Q1Change in wording on lower vacancy rates and recovery in willingness to open new locationsAnnual report
「In the real estate industry, vacancy rates have been declining, and companies’ willingness to open new locations has shown a recovery.」
In addition to the previous view regarding companies’ willingness to open new locations, the company explicitly notes declining vacancy rates and states that willingness to open new locations has shown a recovery. - FY2017Change in market-environment wording, with constraints also notedAnnual report
「Against this backdrop, in the station-front retail property industry surrounding the company, companies showed a strong willingness to open new locations, while property owners’ bullish stance toward station-front retail properties made it increasingly difficult to secure sublease agreements.」
While companies’ willingness to open new locations is described more strongly as “strong,” the company also notes the constraint that property owners’ bullish stance made it difficult to secure sublease agreements. - FY2017-Q3Strengthening view of the market environmentAnnual report
「In the real estate industry, companies’ willingness to open stores continues to be solid.」
The wording has changed from “a slight recovery” to “continues to be solid” regarding companies’ willingness to open stores, presenting a more positive view of the market environment. - FY2017-Q2RestatedAnnual report
「In the real estate industry, there has been a slight recovery in companies’ willingness to open new locations.」
The company has restated its view of the market environment, noting a slight recovery in companies’ willingness to open new locations. - FY2017-Q1First statedAnnual report
「In the real estate industry, there has been a slight recovery in companies’ willingness to open new locations.」
The company states that, in the real estate industry’s market environment, companies’ willingness to open new locations has shown a slight recovery.