Immature Overseas Management Foundation
First written in FY2017-Q1. 7 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In mainland China, where the business environment has changed significantly, including due to the property market downturn, structural reforms focused primarily on closing unprofitable stores were largely completed by the fiscal year ending March 2026.」
Regarding the previous issue of an immature overseas management foundation, it states that structural reforms centered on closing unprofitable stores in mainland China have largely been completed. - FY2022SoftenedAnnual report
「In our overseas business, we have strategically created a period of consolidation and focused on building the necessary structures, systems and training framework. Going forward, we will again accelerate store openings, primarily in China and the ASEAN region.」
Instead of the previous description of the issue as an immature overseas foundation, it describes the company as having reached the stage of reaccelerating store openings after building the necessary structures, systems and training framework. - FY2019RestatedAnnual report
「In addition, although the management foundation in Japan is being established, the overseas management foundation cannot yet be described as solid,」
It reiterates the recognition that the overseas management foundation remains insufficiently established compared with that in Japan. - FY2018RestatedAnnual report
「In addition, although the management foundation in Japan is being established, the overseas management foundation cannot yet be described as solid,」
It reiterates the recognition that the overseas management foundation remains insufficiently established compared with that in Japan. - FY2018-Q3RestatedAnnual report
「In addition, although the management foundation in Japan is being established, the overseas management foundation cannot yet be described as solid,」
It reiterates the recognition that the overseas management foundation remains insufficiently established compared with that in Japan. - FY2018-Q2RestatedAnnual report
「Although the group's domestic management foundation is being established, its overseas management foundation cannot yet be considered solid.」
It reiterates the recognition that the overseas management foundation remains insufficiently established compared with that in Japan. - FY2018-Q1RestatedAnnual report
「Although the group's domestic management foundation is being established, its overseas management foundation cannot yet be considered solid.」
It reiterates the recognition that the overseas management foundation remains insufficiently established compared with that in Japan. - FY2017-Q3RestatedAnnual report
「Although the group's domestic management foundation is being established, its overseas management foundation cannot yet be considered solid.」
It reiterates the recognition that the overseas management foundation remains insufficiently established compared with that in Japan. - FY2017-Q2RestatedAnnual report
「Although the group's domestic management foundation is being established, its overseas management foundation cannot yet be considered solid.」
It reiterates the recognition that the overseas management foundation remains insufficiently established. - FY2017-Q1First statedAnnual report
「Although the group's domestic management foundation is being established, its overseas management foundation cannot yet be considered solid.」
The company explicitly identifies the fact that its overseas management foundation is not yet sufficiently established compared with its domestic foundation as a risk and challenge.