Risk of changes in sites and surrounding conditions for new store openings
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2018: 12 of 31 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「If suitable sites for new stores cannot be secured as planned, or if significant changes occur in the surrounding conditions due to unforeseen changes in roads or development around a store site, the opening of competing stores, or other factors,」
The company continues to disclose location risks arising from site acquisition, changes in the surrounding environment, and competing store openings. - FY2021RestatedAnnual report
「Since 2017, the company has invited multiple experts in location development and worked to secure sites for new stores at an early stage. However, if suitable sites for new stores cannot be secured as planned, or if significant changes occur in the surrounding conditions due to unforeseen changes in roads or development around a store site, the opening of competing stores, or other factors, this could affect operating results and financial condition.」
The company continues to disclose its efforts to secure sites for new stores by inviting location development experts, as well as the risk of changes in surrounding conditions. - FY2017RestatedAnnual report
「If suitable sites for new stores cannot be secured as planned, or if significant changes occur in the surrounding conditions due to unforeseen changes in roads or development around a store site, the opening of competing stores, or other factors, this could affect operating results and financial condition.」
The company reiterates location risks arising from site acquisition, changes in the surrounding environment, and competing store openings. - FY2016First statedAnnual report
「If suitable sites for new stores cannot be secured as planned, or if significant changes occur in the surrounding conditions due to unforeseen changes in roads or development around a store site, the opening of competing stores, or other factors, this could affect operating results and financial condition.」
The company identifies site acquisition, surrounding development, and competing store openings as risks associated with its domestic store-opening strategy.