Overseas store expansion, centered on China
First written in FY2016. 14 of 21 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Overseas affiliated-store network outside the scope of consolidationAnnual report
「(Number of locations as of June 2026) Gokurakuyu and RAKU SPA: Japan: company-operated, 30 locations; franchise, 10 locations; overseas: affiliated locations, 11 locations」
This indicates that an overseas store network, including 11 affiliated locations, remains after the Chinese group was excluded from consolidation. The company describes an overseas structure that includes affiliated locations rather than expansion through its former consolidated subsidiaries. - FY2024ReframedAnnual report
「Following the sale by the company of shares in its Chinese consolidated subsidiaries effective 1 November 2023, the Chinese group, comprising 11 consolidated subsidiaries, was excluded from the scope of consolidation at the end of December 2023.」
The annual report confirms that the company shifted from its previous China expansion centered on increasing company-operated and franchise locations to a structure in which the Chinese group is outside the scope of consolidation. - FY2023AdvancedAnnual report
「Regarding new openings, all were operated under a partnership model (franchise format): Beidahu Onsen in Jilin City, Jilin Province, opened in November 2022, while Lingang Onsen and Hatago Onsen Hotel in Shanghai opened in January 2023 and March 2023, respectively.」
The company opened 3 locations in China under a partnership operating model (franchise format), adding to its opening track record. - FY2023-Q3AdvancedAnnual report
「Regarding new openings, Beidahu Onsen in Jilin City, Jilin Province, opened in November 2022 under a partnership operating model (franchise format). In the fourth quarter (January 2023), Lingang Onsen in Shanghai also opened under a partnership operating model (franchise format).」
The company opened Beidahu Onsen in Jilin City, China, under a partnership operating model (franchise format), and also recorded the opening of Lingang Onsen in Shanghai in January 2023. - FY2022RestatedAnnual report
「In China, the company will advance sales activities and negotiations for new franchise openings, while working to operate existing company-operated locations stably and improve their profitability in order to establish the Gokurakuyu brand.」
The company continues to negotiate new franchise openings in China and pursue stable operations and improved profitability at existing company-operated locations. - FY2022-Q1AdvancedAnnual report
「In Japan, in addition to closing Gokurakuyu Nara, the company converted Gokurakuyu Miyazaki to a franchise. In China, it converted Gokurakuyu Jinyin Tan Onsen, in Wuhan, Hubei Province, whose reopening had been put on hold, to a franchise, thereby reducing assets and liabilities.」
For its store expansion in China, the company converted Jinyin Tan Onsen in Wuhan to a franchise and proceeded with the reduction of assets and liabilities. - FY2021-Q2ReframedAnnual report
「In addition, after comprehensively considering the expected investment recovery and operating environment of company-operated locations in Japan and China, the company worked to convert some locations to franchises, while」
For overseas expansion, particularly in China, the company stated a policy of converting some locations to franchises based on expected investment recovery and the operating environment, rather than relying solely on expanding company-operated locations. - FY2020-Q2AdvancedAnnual report
「In China, the company prepared to open company-operated and franchise locations. As a result, it opened Gokurakuyu Baoshan Onsen, a franchise location in Baoshan District, Shanghai, in October. The facility has the largest floor area in Shanghai among its franchise locations.」
The company advanced preparations for both company-operated and franchise openings in China and opened the franchise location Gokurakuyu Baoshan Onsen in Baoshan District, Shanghai, in October. - FY2020-Q1RestatedAnnual report
「In China, the company prepared to open company-operated and franchise locations, while also working on group restructuring through a company split and developing franchise partners.」
The company continues to prepare for both company-operated and franchise openings in China, while restructuring the group and developing franchise partners. - FY2019-Q3AdvancedAnnual report
「In China, we worked on the company-operated Gokurakuyu Oya Hot Spring Hall, which opened in Changchun, Jilin Province, in January 2019, preparations to open new stores under development, and discussions with prospective new locations and franchise partners. During the third quarter (October to December), Gokurakuyu Boda Hot Spring Hall in Wuxi, Jiangsu Province, opened in October 2018 as an overseas franchise store.」
The company opened a company-operated store in Changchun, China, and an overseas franchise store in Wuxi in October 2018. Preparations for new stores under development and discussions with prospective partners also continued. - FY2019-Q2AdvancedAnnual report
「To open company-operated stores, we established Jilin Gokurakuyu Hotel Management Co., Ltd. in March 2018 and Gokurakuyu (Hangzhou) Hotel Management Co., Ltd. in August 2018.」
To expand company-operated stores in China, the company established an operating company in Hangzhou in August 2018 following Jilin, expanding the regions where store-opening preparations were under way. - FY2019-Q1AdvancedAnnual report
「Amid these circumstances, the Group opened RAKU SPA GARDEN Nagoya in Nagoya, Aichi Prefecture, in June 2018 and its fourth overseas company-operated store, Gokurakuyu Jiading Hot Spring Hall in Shanghai, China, in February 2018. In China, as one measure to improve profitability during the summer, when customer traffic declines, the Group began offering accommodation services that it expects to meet customer needs at Gokurakuyu Biyun Hot Spring Hall in Shanghai and Gokurakuyu Jinyintan Hot Spring Hall in Wuhan, Hubei Province. In addition, it selected sites for company-operated and franchise stores in various parts of China and worked on personnel development to facilitate active store openings.」
The company opened its fourth overseas company-operated store in China, began accommodation services at existing stores, and proceeded with selecting sites for new company-operated and franchise stores. - FY2018AdvancedAnnual report
「As a result, Gokurakuyu Qingdao Hongshulin Hall in Qingdao, Shandong Province, opened in November 2017 as the first overseas franchise store; Gokurakuyu Chuansha Hot Spring Hall in Shanghai opened in December 2017 as the second overseas franchise store; and Gokurakuyu Jiading Hot Spring Hall in Shanghai opened in February 2018 as the fourth overseas company-operated store.」
The company opened its first and second overseas franchise stores and its fourth overseas company-operated store in China, advancing overseas store expansion from the planning stage in the previous fiscal year to the execution stage. - FY2018-Q3AdvancedAnnual report
「Our Group's first overseas franchise store, Gokurakuyu Qingdao Hongshulin Hall in Qingdao, Shandong Province, opened in November 2017, followed by our second franchise store, Gokurakuyu Chuansha Hot Spring Hall in Shanghai, in December.」
China's first and second overseas franchise stores opened in succession. Plans were also presented for a company-operated bathing facility in Changchun and an overseas hot-spring inn in Shanghai, including their scheduled 2018 openings, floor areas, subsidiary establishments, and investment plans, making expansion through both company-operated and franchise stores more concrete. - FY2018-Q2AdvancedAnnual report
「At a board meeting held on 13 October 2017, the company resolved to open its fifth overseas company-operated store in Suzhou, Jiangsu Province, China, and establish a subsidiary to prepare for and operate the store. Format: company-operated; floor area: approximately 11,000 m² (4 floors above ground and 2 basement floors); scheduled opening: the second half of fiscal 2019.」
The company resolved to open its fifth overseas company-operated store in Suzhou, Jiangsu Province, China, advancing the plan to the point of specifying approximately 11,000 m² of floor area and an opening scheduled for the second half of fiscal 2019. - FY2018-Q1AdvancedAnnual report
「At a board meeting held on 10 August 2017, the company resolved to open its fourth overseas company-operated store in Shanghai, China, and establish a subsidiary to prepare for and operate the store. Scheduled opening: the first half of fiscal 2018.」
The company formalized plans to open its fourth overseas company-operated store in Jiading District, Shanghai, China, and establish an operating subsidiary. The plan specified a floor area of approximately 5,000 m², an opening scheduled for the first half of fiscal 2018, and investment by a local partner. - FY2017AdvancedAnnual report
「In China, we proceeded with business expansion by opening Gokurakuyu Jinyintan Hot Spring Hall, our third company-operated store in China, in Wuhan, Hubei Province, in November 2016, and entering into 4 franchise store-opening agreements in Qingdao, Wuxi, and Shanghai.」
The company opened its third company-operated store in China in Wuhan and entered into 4 franchise store-opening agreements in Qingdao, Wuxi, and Shanghai. Expansion in China is progressing through both company-operated and franchise stores. - FY2017-Q3RaisedAnnual report
「In China, we plan to open 3 new franchise stores in the next fiscal year and 1 in the fiscal year after that, and will work to open additional stores.」
For expansion in China, the plan grew from 2 franchise stores in the next fiscal year to 3 in the next fiscal year and 1 in the following fiscal year. The third overseas company-operated store in Wuhan also opened in November. - FY2017-Q2AdvancedAnnual report
「In November, we opened our third overseas store, a company-operated location in Wuhan, China. In addition, we plan to open 2 new franchise stores in China in the next fiscal year and are working to open more.」
The company presented plans to open its third overseas company-operated store in Wuhan and 2 Chinese franchise stores in the next fiscal year, making its China expansion more concrete. - FY2017-Q1AdvancedAnnual report
「This resulted from a ¥786 million increase in long-term borrowings to finance equipment for the third overseas store.」
For the third overseas store in Wuhan, preparations for opening progressed alongside financing for equipment. The company also described preparations for franchising in China, indicating an expansion in its development channels. - FY2016First statedAnnual report
「In February 2015, we opened Gokurakuyu Jinshajiang Hot Spring Hall, our second overseas store and a company-operated store, in Shanghai, China. In November 2015, we established Gokurakuyu (Wuhan) Bathing Co., Ltd. and proceeded with preparations to open our third overseas store as a company-operated location.」
The company opened its second overseas store in Shanghai and proceeded with preparations for its third overseas store in Wuhan.