Risk of Failing to Meet Medium-Term Management and Development Plans
First written in FY2018. 1 of 4 entries say "Reframed", first in FY2021. Latest entry: FY2023-Q2.
The whole theme swung hardest in 2025: 11 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2023-Q2MitigatedAnnual report
「On 30 September 2022, we transferred 4 properties, including The Prince Park Tower Tokyo. 株式会社西武・プリンスホテルズワールドワイド, a consolidated subsidiary, has been entrusted with operating the 4 properties and is scheduled to be entrusted with operating the remaining hotel and leisure assets as well.」
The transfer of assets to GIC affiliates was completed for 4 properties, and the remaining asset transfers are under way. - FY2023-Q1WorsenedAnnual report
「The Group is proceeding with the transfer of assets under the relevant agreement. If the asset transfer cannot be completed due to the occurrence of an unforeseen event or for another reason, the execution of the management strategies and targets under the Group's medium-term management plan or other development plans could be adversely affected, which could in turn affect the Group's operating performance and financial condition.」
Regarding the risk of failing to achieve the medium-term management plan, specific impacts were added for cases in which the agreement to transfer hotel and leisure assets to GIC affiliates cannot be completed. - FY2021ReframedAnnual report
「The Group has formulated the Seibu Group Medium-term Management Plan (FY2021–FY2023), themed “Looking ahead to the society we aspire to see after COVID-19, overcoming the COVID shock and laying the groundwork for a leap forward,” using a 3-year fixed-plan approach. If the Group is unable to achieve the management strategies and targets or other development plans under this plan, the Group's operating performance and financial condition could be affected.」
The risk of failing to achieve the medium-term management plan was changed from the plan before its withdrawal to the new medium-term management plan for FY2021–FY2023. - FY2018First statedAnnual report
「If the Group is unable to achieve the management strategies and targets or other development plans under this plan, the Group's operating performance and financial condition could be affected.」
The possibility of failing to achieve the management strategies and targets or development plans under the medium-term management plan is identified as a separate risk.