Hikari Food Service (138A) · RiskRestated
Brand Damage Caused by Franchisees
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Brand damage caused by franchisee conductA theme 33 companies write about · 34 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2025: 4 of 12 companies on the "Worse" side.
18 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.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.Full recordFilings, disclosures and news, newest first
- FY2025RestatedAnnual report
「Under franchise agreements, we provide franchisees with guidance on store operations.」
The company continues to provide operational guidance to franchisees and disclose the risk of brand damage caused by them. - FY2024First statedAnnual report
「In addition to company-operated stores, we expand our network through franchise agreements with franchisees. Under these agreements, we provide franchisees with guidance on store operations. However, if an incident occurs at a franchise store that adversely affects our brand, this could affect our financial position, operating results and cash flows.」
The company provides operational guidance to franchisees while identifying the impact of franchisee conduct on the brand and performance as a risk.