Promoting Franchising in the Overseas Business and Expanding into Third Countries
First written in FY2024. 2 of 5 entries say "Reframed", first in 2026-05-26. Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026-H1ReframedAnnual report
「In Singapore, we changed from franchising to directly operated stores and began establishing an operating structure that makes use of the Group’s management resources and expertise.」
In contrast to the previous franchise-based operating model, the company changed its policy in Singapore to directly operate the business and use its management resources and expertise directly. Hong Kong continues to have 17 franchise stores. - FY2025-H1RestatedAnnual report
「Regarding store expansion, as of the end of the six-month interim consolidated accounting period, we had 316 stores in Japan, all operated by Zoff Co., Ltd., a subsidiary, and 21 overseas stores, all operated by franchisees, comprising 16 stores in Hong Kong and 5 in Singapore.」
The company continues to operate all 21 overseas stores through franchisees, with no change in the breakdown of 16 stores in Hong Kong and 5 in Singapore. - FY2024First statedAnnual report
「In Hong Kong and Singapore, we operate franchise businesses and will promote active support for store development by franchisees, while also focusing on initiatives to enter third-country markets.」
All 21 overseas stores are franchise stores, comprising 16 in Hong Kong and 5 in Singapore.