Entry into the prepared-food market and synergies with the delivery business
First written in FY2019-Q1. 4 of 11 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023ReframedAnnual report
「As a result of the share transfer, 株式会社テンフォー ceased to be a consolidated subsidiary of the Company, but the cooperative relationship with the company, including the use of the Company's shareholder benefit vouchers, has been maintained after the share transfer.」
The Company transferred 95% of its shares in テンフォー and removed it from the consolidated subsidiaries, shifting its policy from expanding the delivery business within the Group to concentrating management resources on dine-in businesses. At the same time, it maintained cooperative arrangements, including the use of shareholder benefit vouchers. - FY2023-Q3ReframedAnnual report
「The Company decided to transfer part of its shares in 株式会社テンフォー after determining that focusing on its core yakiniku business and other dine-in businesses would align with the optimisation of the Group's business portfolio and concentration of management resources as COVID-19 was expected to move toward containment. Following the share transfer, 株式会社テンフォー will no longer be a consolidated subsidiary of the Company.」
On 31 January 2023, the Company transferred 950 shares in the pizza-delivery company テンフォー, changing its ownership ratio from 100% to 5% and removing it from the consolidated subsidiaries. The Company shifted its policy from expanding the use of delivery expertise and the prepared-food business throughout the Group to concentrating management resources on dine-in businesses centred on yakiniku. - FY2023-Q2AdvancedAnnual report
「To address major changes in customer needs after COVID-19, we implemented various initiatives, including launching new products and strengthening delivery services.」
To address demand for delivery and prepared food, the Company strengthened its delivery services and launched new products. - FY2022-Q2Steady performance despite a year-on-year declineAnnual report
「Meanwhile, although the home-delivery pizza business operated by subsidiary 株式会社テンフォー slightly underperformed the same period of the previous year amid intensifying competition, including competition from companies in the same industry and the increase in delivery services, it remained firm.」
The pizza-delivery business remained steady, although it was slightly below the same period of the previous year due to intensifying competition. - FY2022-Q1RestatedAnnual report
「Meanwhile, although the home-delivery pizza business operated by subsidiary 株式会社テンフォー underperformed the same period of the previous year amid intensifying competition, including competition from companies in the same industry and the increase in delivery services, it remained firm, supported by demand arising from the spread of new lifestyles and increased time spent at home, as in the previous consolidated fiscal year.」
Although performance was below that of the same period of the previous year due to intensifying competition, the pizza-delivery business continued to perform steadily, supported by demand for delivery arising from new lifestyle patterns and increased time spent at home. - FY2021-Q3RestatedAnnual report
「The pizza-delivery business operated mainly in Hokkaido by the Company's subsidiary 株式会社テンフォー continued to perform steadily, supported by increased demand resulting from the spread of new lifestyle patterns and the increase in time spent at home associated with refraining from going out, and contributed to the performance of the Company Group.」
テンフォー's pizza-delivery business continued to perform steadily and contribute to results, supported by demand arising from new lifestyle patterns and increased time spent at home. - FY2021-Q1AdvancedAnnual report
「The pizza-delivery business operated mainly in Hokkaido by the Company's subsidiary 株式会社テンフォー performed well as demand increased in response to changes in customers' lifestyles associated with refraining from going out, contributing to the performance of the Company Group.」
Changes in lifestyles resulting from refraining from going out increased demand for テンフォー's pizza delivery business, which contributed to Group performance. - FY2020AdvancedAnnual report
「Demand for delivery in the food-service market is expected to increase going forward. In addition to considering proactive expansion through both directly operated and franchised locations, we will actively apply the Company's delivery expertise throughout the Group.」
The Company outlined expansion through directly operated and franchised locations, using テンフォー's network of 84 locations and delivery expertise as the foundation, as well as applying that expertise throughout the Group. - FY2019RestatedAnnual report
「The Group believes these initiatives will generate further synergies within the Group and contribute to improved services and stronger products in the increasingly diverse food service industry.」
The Company reaffirmed its policy of pursuing synergies from a prepared-food and multi-format strategy through acquisitions and business transfers involving pizza delivery, food courts, Italian restaurants and seafood izakaya restaurants. - FY2019-Q3AdvancedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the company opened 1 new store, a delivery sushi-format store, and increased its count by 1 through store purchases from franchisees and others. In addition, 158 directly operated stores of newly consolidated subsidiaries were added. The company sold 2 stores to franchise owners and closed 43 stores due to contract expirations and the disposal of unprofitable stores, mainly izakaya-format stores, bringing the number of directly operated food service stores to 456.」
The Company opened 1 new sushi-delivery location in the prepared-food segment and expanded its delivery business. - FY2019-Q1First statedAnnual report
「On 13 June 2018, the Company made 株式会社オーディンフーズ, which operates 105 pizza delivery and sales locations mainly in Hokkaido and Tohoku, a wholly owned subsidiary by subscribing to a third-party allotment. The Company expects this to generate certain synergies with its sushi-delivery business, which is currently being operated on a trial basis at some locations.」
The Company made a pizza-delivery company operating 105 locations a wholly owned subsidiary and expects synergies from sharing expertise and management functions with its sushi-delivery business under trial operation. This was the first disclosure of the theme.