Komori
Sundrug (9989) · RiskRestated

Risk of shortages of prime properties, rising rents and changes to store-opening plans

First written in FY2018. 12 of 13 entries say "Restated". Latest entry: FY2027-H1.

13entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2027-H12018: 220182019: 320192020: 020202021: 220212022: 220222023: 120232024: 220242025: 020252026: 12026
Same theme, other companies
Risk of Securing Store Sites and Profitability Due to Rising Land Prices and Changes in Land UseA theme 10 companies write about · 10 as a headwind · 0 as a tailwind

5 other companies' latest entry also says "Restated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  2. FY2025-H1RestatedAnnual report

    「No new business or other risks arose during the interim consolidated accounting period. In addition, there were no significant changes to the business and other risks described in the previous fiscal year's Annual Securities Report.」

    It was stated that there had been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  3. FY2024-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  4. FY2023RestatedAnnual report

    「Rents and other costs may rise as companies in the same and other industries compete for properties through aggressive store openings. In selecting locations for new stores under these circumstances, the Group may change the planned number of store openings if no properties meet the Group's strict store-opening criteria.」

    Continues to disclose the risks of rising rents caused by competition for properties and changes to the store-opening plan due to a shortage of properties meeting the store-opening criteria.
  5. FY2023-Q2RestatedAnnual report

    「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  6. FY2022RestatedAnnual report

    「Rents and other costs may rise as companies in the same and other industries compete for properties through aggressive store openings. In selecting locations for new stores under these circumstances, the Group may change the planned number of store openings if no properties meet the Group's strict store-opening criteria.」

    Continues to disclose the risks of rising rents caused by competition for properties and changes to the store-opening plan due to a shortage of properties meeting the store-opening criteria.
  7. FY2022-Q2RestatedAnnual report

    「During the second quarter consolidated cumulative period, there were no newly arising business or other risks. In addition, there were no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  8. FY2022-Q1RestatedAnnual report

    「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  9. FY2020-Q1RestatedAnnual report

    「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  10. FY2019RestatedAnnual report

    「Rents and other costs may rise as the Company competes for properties with aggressive store openings by competitors and companies in other industries. Under these circumstances, the Group may change its planned number of new store openings if no properties meet its strict store-opening criteria, which could affect its earnings outlook.」

    Continues to disclose the risks of property shortages and rising rents caused by competition, and changes in the planned number of store openings when no properties meeting the store-opening criteria are available.
  11. FY2019-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  12. FY2019-Q1RestatedAnnual report

    「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    States that there have been no material changes regarding the shortage of quality properties, rising rents and the risk of changes to the store-opening plan.
  13. FY2018First statedAnnual report

    「Rents and other costs may rise as the Company competes for properties with aggressive store openings by competitors and companies in other industries. Under these circumstances, the Group may change its planned number of new store openings if no properties meet its strict store-opening criteria, which could affect its earnings outlook.」

    Recorded for the first time as a risk specific to the store-opening policy: property shortages and rising rents caused by competition, and changes in the planned number of store openings when properties meeting the strict store-opening criteria cannot be secured.
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