Risk of deviations from plan in properties for new stores and the number of store openings and closures
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 7 of 33 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our group has clarified the criteria and processes for opening and closing stores and regularly reviews the store portfolio based on store-by-store profit and loss management. We also seek to limit the impact of fluctuations in individual-store profitability on overall performance by using diverse sales channels, including e-commerce and outlets.」
The explanation was made more specific regarding management of the risk that the number of properties and store sales may differ from plan, through store-opening and closure criteria, store-by-store profit and loss management, and diversification of sales channels. - FY2023RestatedAnnual report
「Accordingly, the number of properties meeting our group's store-opening criteria may differ from the number of properties originally planned for opening.」
The risk that the numbers of properties meeting the store-opening criteria and store closures may differ from the original plan was disclosed again. - FY2022RestatedAnnual report
「Accordingly, the number of properties meeting our group's store-opening criteria may differ from the number of properties originally planned for opening. After opening, we manage profit and loss by store, but the number of stores closed may also differ from the original plan. If the numbers of stores opened and closed differ from the original plan, this may affect our group's business performance.」
The risk that the numbers of store locations and closures may differ from plan was disclosed again. - FY2021RestatedAnnual report
「Accordingly, the number of properties meeting our group's store-opening criteria may differ from the number of properties originally planned for opening.」
The risk that the numbers of store locations and closures may differ from the original plan was disclosed again. - FY2018RestatedAnnual report
「Accordingly, the number of properties meeting our group's store-opening criteria may differ from the number of properties originally planned for opening.」
The risk that the numbers of store locations and closures may differ from plan and affect business performance was disclosed again. - FY2017RestatedAnnual report
「Accordingly, the number of properties meeting our group's store-opening criteria may differ from the number of properties originally planned for opening. After opening, we manage profit and loss by store and close unprofitable stores for which there is no prospect of performance improvement. The number of stores closed may also differ from the original plan, and if the numbers of stores opened and closed differ from the original plan, this may affect our group's business performance.」
The risk that the numbers of store locations and closures may differ from plan, and the response through store-by-store profit and loss management, were disclosed again. - FY2016First statedAnnual report
「Accordingly, the number of properties meeting our group's store-opening criteria may differ from the number of properties originally planned for opening. After opening, we manage profit and loss by store and close unprofitable stores for which there is no prospect of performance improvement. The number of stores closed may also differ from the original plan, and if the numbers of stores opened and closed differ from the original plan, this may affect our group's business performance.」
While selecting store locations after considering trade areas, competition, sales forecasts, rent and store-opening costs, the company indicates that the number of properties and store closures may differ from plan.