Risks related to COVID-19 and a decline in customer traffic
First written in FY2021. 3 of 7 entries say "Restated". Latest entry: FY2025.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Although our group is taking preventive measures with the safety of customers, stylists and employees as its highest priority, if the occurrence of infections at stores or elsewhere, or a decline in customer visit frequency resulting in a further decline in customer visits from current levels, were to interfere with the continuation of operations」
The company continues to identify the occurrence of infections and declines in visit frequency and customer visits due to lifestyle changes as infection-related risks. - FY2023ReframedAnnual report
「Although our group is taking preventive measures with the safety of customers, stylists and employees as its highest priority, if the occurrence of infections at stores or elsewhere, or a decline in customer visit frequency resulting in a further decline in customer visits from current levels, were to interfere with the continuation of operations」
The description has shifted from focusing on COVID-19 to a more general risk of infections and declining demand, including the risk of infections occurring and visit frequency declining due to lifestyle changes. - FY2023-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, Japan's economy gradually recovered as society as a whole adapted to the era of living with COVID-19, despite the prolonged impact of the infection.」
The company continues to recognize that the impact of the infection is prolonged, while also citing society's adaptation and the economy's gradual recovery. - FY2022-Q3RestatedAnnual report
「Demand for these services in the hairdressing industry remains firm and customer visits are recovering, but the decline in seasonal events and other activities during the COVID-19 pandemic, together with the establishment of remote work, is expected to mean that it will take time for demand to recover to previous levels.」
The company continues to expect that, although customer visits are recovering, it will take time for demand to return to pre-pandemic levels. - FY2022-Q2MaterialisedAnnual report
「Demand for services in the hairdressing industry remains firm and customer visits are recovering, but the decline in seasonal events and other activities during the COVID-19 pandemic, together with the shift to remote work, is expected to mean that it will take time for demand to recover to previous levels. Although average revenue per store declined due to the impact of the Omicron variant of COVID-19, revenue from the directly operated salon business increased by ¥277 million and franchise business revenue increased by ¥115 million from the second quarter of the previous fiscal year, mainly due to the active opening of new directly operated and franchise stores.」
The company indicated that although customer visits were recovering, it would take time for demand to return to previous levels. The decline in average revenue per store due to the Omicron variant also continued, and operating profit decreased 30.9% year on year. - FY2022-Q1MaterialisedAnnual report
「Although average revenue per store declined due to the impact of the Omicron variant of COVID-19, revenue from the directly operated salon business increased by ¥154 million and franchise business revenue increased by ¥52 million from the first quarter of the previous fiscal year, mainly due to the active opening of new directly operated and franchise stores. Operating profit decreased by ¥161 million from the first quarter of the previous fiscal year to ¥194 million, down 45.3%.」
The company disclosed that the average revenue per store had actually declined due to the impact of the Omicron variant, while operating profit decreased 45.3% year on year. - FY2021First statedAnnual report
「The hair salon industry in which our group operates has also seen a decline in customer visits, apparently due to longer intervals between visits and the spread of self-service coloring and cutting, as a result of the impact of the infection, and the difficult business environment continues.」
The impact of the infection and declines in visit frequency and customer visits are described as an existing business environment.