Komori
AB&Company (9251) · RiskMitigated

Risk to Store Expansion from Deteriorating Relationships with Landlords

First written in FY2022. 2 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2025.

3entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2022MitigatedFY2023 – FY20252023: 120232024: 120242025: 020252026: 1
Same theme, other companies
Unplanned Store Closures Due to Non-Renewal or Early Termination of Store LeasesA theme 30 companies write about · 30 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 3 of 12 companies on the "Worse" side.

0 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2025MitigatedAnnual report

    「At present, relationships with landlords are good and the Company is operating stores on a stable basis. In addition, the Company has consolidated real estate information at 建.LABO, its consolidated subsidiary, and is developing new landlords and developers.」

    The Company continues to cite good relationships with landlords and the development of new landlords and developers through 建.LABO as measures to address the risk.
  2. FY2023MitigatedAnnual report

    「At present, relationships with landlords are good and the Company is operating stores on a stable basis. In addition, the Company has consolidated real estate information at 建.LABO, its consolidated subsidiary, and is developing new landlords and developers.」

    In addition to noting good relationships with landlords, the Company identified the consolidation of real estate information at 建.LABO and the development of new landlords as measures to address the risk.
  3. FY2022First statedAnnual report

    「However, deterioration in relationships with landlords could affect the Group's results of operations.」

    The Company identified deterioration in relationships with landlords supporting its suburban and upper-floor store expansion policy as a standalone risk.
Moved together

"Expansion of Store Openings Through Franchising" moved the same way as this thread, in the same document, in 2 of its 3 moves.

22222★12345
  1. ★This thread
  2. 1Expansion of Store Openings Through Franchising2×
  3. 2Management by store count, productivity, average spend per customer and ROE2×
  4. 3Increasing average spend per customer through higher-priced menu proposals2×
  5. 4Initiation of dividends from the fiscal year ending October 2022 and a 30% payout ratio2×
  6. 5In-House-Trained Franchise Owner Program and Regional Expansion2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for AB&Company yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.