Improvement in the performance of the franchise business and management of personnel-related costs
First written in FY2020-Q3. 1 of 4 entries say "Restated". Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022DroppedAnnual reportThe current year’s management policy and performance discussion does not identify improved franchise business performance and strengthened management of personnel-related costs as separate issues.
- FY2021SoftenedAnnual report
「From the perspective of efficiently allocating management resources, we closed 2 directly operated stores, including SALVATORE CUOMO & BAR Kanazawa Katamachi, and 4 franchise stores, including SALVATORE CUOMO & BAR Tama-Plaza.」
The focus shifted from explicitly identifying improved FC business performance and management of personnel-related costs as issues to selecting and concentrating stores, including the closure of 4 FC stores. - FY2020RestatedAnnual report
「Improving the performance of the underperforming franchise business and strengthening the management of personnel-related costs are issues facing the group.」
Improving franchise business performance and strengthening the management of personnel-related costs continued to be identified as issues. - FY2020-Q3First statedAnnual report
「In the casual restaurant group, there were no new openings. Existing-store sales and operating profit remained strong as the Group focused on improving service and food quality at existing stores, while improving the performance of the sluggish franchise business and strengthening management of personnel-related costs remained issues.」
Improving the performance of the underperforming franchise business and strengthening the management of personnel-related costs were identified explicitly for the first time as new issues for the casual restaurant group.