Komori
Y's table (2798) · InitiativeAdvanced

Expansion of Franchise Stores and Conversion to Company-Operated Stores

First written in FY2017-Q1. 16 of 31 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-10-15.

31entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseSoftenedFY2020-Q1 – FY2023AdvancedFY2025-Q1 – 2026-10-152016: 220162017: 420172018: 320182019: 320192020: 220202021: 220212022: 220222023: 420232024: 420242025: 220252026: 32026
Same theme, other companies
Maintenance and Management of a Large Store Network and Company-Operated/Franchise MixA theme 32 companies write about · 1 as a headwind · 20 as a tailwind

Y's table moved to the "Worse" side of this theme in 2020.

10 other companies' latest entry also says "Advanced".

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 32 companies compared. The sentences above are computed from all 32.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-15AdvancedEarnings

    「同8月には、直営店「Tavernetta Salvatore 仙川」をFC企業に譲渡いたしました。」

    直営店舗をFC企業へ譲渡し、運営形態の組み替えを進めた。
  2. FY2027-H1AdvancedAnnual report

    「Regarding the status of its stores, the Company newly opened the directly operated restaurant “The TRATTORIA SALVATORE CAFE BASEGATE横浜関内” in March 2026 and the franchised restaurant “Tavernetta Salvatore 新横浜” in June of the same year. In August of the same year, it transferred the directly operated restaurant “Tavernetta Salvatore 仙川” to a franchise operator.」

    In addition to opening new directly operated and franchised stores, the Company transferred the directly operated restaurant “Tavernetta Salvatore 仙川” to a franchise operator, advancing the expansion of its franchise network and the reconfiguration of its operating model.
  3. FY2026AdvancedAnnual report

    「The franchise store “SALVATORE CUOMO & BAR Urayasu” was converted to a company-operated store, renovated, and reopened as “Tavernetta Salvatore Urayasu” in August 2025. The company-operated store “SALVATORE CUOMO & BAR Kashiwa” was sold to a franchise operator.」

    The company converted and renovated a franchise store and sold a company-operated store to a franchise operator, continuing to restructure the operating formats between franchise and company-operated stores.
  4. FY2026-H1AdvancedAnnual report

    「We acquired the franchise store “SALVATORE CUOMO & BAR Urayasu” and reopened it after renovation as the company-operated store “Tavernetta Salvatore Urayasu” in August 2025.」

    A franchise store was acquired and converted to a company-operated store, then reopened after renovation under a different brand. The operating format between franchise and company-operated stores changed in concrete terms.
  5. FY2025AdvancedAnnual report

    「In April 2024, we opened the company-operated store “SALVATORE CUOMO Cafe Terrace Mall Shonan” and the franchise store “La Stagione Karuizawa,” in June the company-operated store “A destra Salvatore,” in September the franchise store “SALVATORE CUOMO Cafe Tokorozawa,” and in February 2025 the franchise store “Tavernetta Salvatore Akita.” In May 2024, we sold the company-operated store “SALVATORE CUOMO & BAR Chiba” to a franchise operator, and in July converted a franchise store to a company-operated store, renovated it, and reopened it as “Tavernetta Salvatore Sengawa.”」

    In addition to new franchise openings, the company converted “Tavernetta Salvatore Sengawa” from a franchise store to a company-operated store and sold a company-operated store to a franchise operator, further restructuring its operating formats.
  6. FY2025-H1AdvancedAnnual report

    「In July of the same year, we converted a franchise store to a company-operated store, renovated it, and reopened it as “Tavernetta Salvatore Sengawa.”」

    A franchise store was converted to a company-operated store and reopened after renovation and a brand change.
  7. FY2025-Q1AdvancedAnnual report

    「In April 2024, we opened the company-operated store “SALVATORE CUOMO Cafe Terrace Mall Shonan” and the franchise store “La Stagione Karuizawa.” In May 2024, we sold the company-operated store “SALVATORE CUOMO & BAR Chiba” to a franchise operator,」

    While new franchise openings progressed, the company also changed the operating format by selling 1 company-operated store to a franchise operator. Expansion of the franchise network coexisted with a restructuring of the company-operated and franchise store mix.
  8. FY2024RestatedAnnual report

    「We converted the former franchise stores “PIZZA SALVATORE CUOMO Center Minami” and “PIZZA SALVATORE CUOMO Tsunashima” to company-operated stores and reopened them after renovation as “PIZZA & PASTA SALVATORE Center Minami” and “SALVATORE CUOMO & BAR Tsunashima,” respectively. The former company-operated store “PIZZA SALVATORE CUOMO Yoyogi” was sold to a franchise operator and reopened after renovation as “SALVATORE CUOMO & BAR Yoyogi.”」

    For the full fiscal year, the company restructured its store portfolio by converting 2 franchise stores to company-operated stores and selling 1 company-operated store to a franchise operator. Expansion coexisted with a review of operating formats.
  9. FY2024-Q3SoftenedAnnual report

    「The former company-operated store “PIZZA SALVATORE CUOMO Yoyogi” was sold to a franchise operator and reopened after renovation as “SALVATORE CUOMO & BAR Yoyogi.”」

    While the disclosure described the conversion of a franchise store to a company-operated store, 1 company-operated store was also sold to a franchise operator, indicating progress in restructuring the store portfolio in the opposite direction from franchise expansion and conversion to company-operated stores.
  10. FY2024-Q2AdvancedAnnual report

    「We converted the former franchise stores “PIZZA SALVATORE CUOMO Center Minami” and “PIZZA SALVATORE CUOMO Tsunashima” to company-operated stores and reopened them after renovation as “PIZZA & PASTA SALVATORE Center Minami” and “SALVATORE CUOMO & BAR Tsunashima,” respectively.」

    2 franchise stores were converted to company-operated stores and reopened after renovation under new brands.
  11. FY2024-Q1AdvancedAnnual report

    「In April 2023, we converted the former franchise store “PIZZA SALVATORE CUOMO Center Minami” to a company-operated store and reopened it after renovation as “PIZZA & PASTA SALVATORE Center Minami.”」

    The disclosure describes the conversion of 1 franchise store to a company-operated store and its reopening after renovation under a different brand.
  12. FY2023SoftenedAnnual report

    「To improve the efficiency of management resource allocation, we transferred “PIZZA SALVATORE CUOMO Sangenjaya” to a franchise operator in October, and closed “SALVATORE CUOMO & BAR Kumamoto” in July, “SALVATORE CUOMO & BAR Niigata” in November, and “PIZZA SALVATORE CUOMO Lalaport TOKYO-BAY” and “PASTA & PIZZA Salvatore Cuomo Aeon Mall Hiroshima Fuchu” in January.」

    Rather than expanding the franchise network or converting stores to company-operated stores, the company progressed with store portfolio restructuring through the transfer of a company-operated store to a franchise operator and the closure of stores, including franchise locations.
  13. FY2023-Q3SoftenedAnnual report

    「To improve the efficiency of management resource allocation, we transferred “PIZZA SALVATORE CUOMO Sangenjaya” to a franchise operator in October, and closed “SALVATORE CUOMO & BAR Kumamoto” in July and “SALVATORE CUOMO & BAR Niigata” in November.」

    Rather than expanding the franchise network or converting stores to company-operated stores, the company transferred Sangenjaya to a franchise operator and closed the Kumamoto and Niigata stores.
  14. FY2023-Q2SoftenedAnnual report

    「SALVATORE CUOMO & BAR Sapporo closed in June because the building in which it was located was being demolished. SALVATORE CUOMO & BAR Kumamoto closed in July to improve the efficiency of resource allocation.」

    The disclosure described the consolidation of the operating network through store closures, rather than new progress in franchise expansion or conversion to company-operated stores.
  15. FY2022-Q3SoftenedAnnual report

    「In response to changes in the business environment, the Group closed the franchised PIZZA SALVATORE CUOMO Kariya store in October 2021, leaving 43 company-operated stores and 30 franchised stores.」

    Within the franchise network, the Kariya store was closed, reducing the number of franchise stores by 1 from the previous quarter. Store consolidation is progressing rather than franchise expansion and conversion to company-operated stores.
  16. FY2021SoftenedAnnual report

    「From the perspective of efficient allocation of management resources, we closed 2 company-operated stores, including “SALVATORE CUOMO & BAR Kanazawa Katamachi,” and 4 franchise stores, including “SALVATORE CUOMO & BAR Tama-Plaza.” In September 2020, we transferred the company-operated store “SALVATORE CUOMO & BAR Nishiarai” to a franchise operator.」

    Rather than expanding the franchise network and converting stores to company-operated stores, the company progressed with portfolio restructuring through the closure of company-operated and franchise stores and the transfer of a company-operated store to a franchise operator.
  17. FY2021-Q3SoftenedAnnual report

    「From the perspective of efficient allocation of management resources, we transferred the company-operated store “SALVATORE CUOMO & BAR Nishiarai” to a franchise operator in September 2020. We also closed the franchise store “SALVATORE CUOMO & BAR Himeji” in October 2020.」

    The disclosure described the transfer of a company-operated store to a franchise operator and the closure of a franchise store, indicating that store portfolio restructuring progressed rather than franchise expansion and conversion to company-operated stores.
  18. FY2020SoftenedAnnual report

    「During the consolidated fiscal year, we closed 2 company-operated stores, including “PIZZA SALVATORE CUOMO Seiseki-Sakuragaoka,” 5 franchise stores in South Korea, including “PIZZA SALVATORE CUOMO Myeongdong,” and 2 domestic franchise stores, as part of efforts to focus the operating store portfolio.」

    2 company-operated stores, 5 Korean franchise stores and 2 domestic franchise stores were closed, prioritizing the selection and concentration of stores over expansion and conversion of the franchise network to company-operated stores.
  19. FY2020-Q3SoftenedAnnual report

    「In addition, between June and November 2019, we closed 2 company-operated stores, including “PIZZA SALVATORE CUOMO Seiseki-Sakuragaoka,” and 5 franchise stores in South Korea, including “PIZZA SALVATORE CUOMO Myeongdong,” as part of efforts to focus the operating store portfolio.」

    2 company-operated stores and 5 franchise stores in South Korea were closed to focus the operating portfolio, further reversing the direction of franchise expansion and conversion to company-operated stores.
  20. FY2020-Q2SoftenedAnnual report

    「In addition, between June and August 2019, we closed 4 franchise stores in South Korea, including “PIZZA SALVATORE CUOMO Myeongdong,” as part of efforts to focus the operating store portfolio.」

    4 franchise stores in South Korea were closed to focus the operating portfolio, representing a move in the opposite direction from expansion and conversion of the franchise network to company-operated stores.
  21. FY2020-Q1SoftenedAnnual 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 franchise business sales remained sluggish, making performance improvement an issue.」

    No new openings or conversions to company-operated stores, including franchise stores, were disclosed, and no progress was indicated for the quarter on measures to expand the store network.
  22. FY2019-Q3AdvancedAnnual report

    「In November of the same year, we converted the franchise store “SALVATORE CUOMO & BAR Kamata” to a company-operated store.」

    A new specific result was disclosed: the conversion of the franchise store “SALVATORE CUOMO & BAR Kamata” to a company-operated store.
  23. FY2019-Q1SoftenedAnnual report

    「For the casual restaurant group, there were no new domestic openings during the cumulative first quarter of the current consolidated fiscal year. The store network consisted of 45 company-operated stores and 48 franchise stores.」

    No new domestic openings or conversions to company-operated stores were disclosed, and the network remained at 45 company-operated stores and 48 franchise stores.
  24. FY2018AdvancedAnnual report

    「In Japan, in June 2017 we converted the franchise store “SALVATORE CUOMO & BAR Kanazawa Katamachi” to a company-operated store, followed by “SALVATORE CUOMO & BAR Tenjin” in October. In January 2018, we opened “SALVATORE CUOMO & BAR Hatchobori” in Hiroshima Prefecture as a franchise store.」

    The annual results confirmed the conversion of the Kanazawa Katamachi and Tenjin stores to company-operated stores, and added the franchise opening of Hatchobori in Hiroshima.
  25. FY2018-Q3AdvancedAnnual report

    「In June 2017, we converted the franchise store “SALVATORE CUOMO & BAR Kanazawa Katamachi” to a company-operated store, followed by “SALVATORE CUOMO & BAR Tenjin” in October. In South Korea, we continued opening new locations, opening the franchise store “SALVATORE CUOMO Shinsegae Gyeonggi” in Yongin, Gyeonggi Province, in July, “PIZZA SALVATORE CUOMO Starfield Goyang” in Goyang, Gyeonggi Province, in August, “PIZZA SALVATORE CUOMO Arario Gallery Cheonan” in September, and “PIZZA SALVATORE CUOMO Myeongdong” in October.」

    Following Kanazawa Katamachi, the Tenjin franchise store was converted to a company-operated store, and 4 franchise openings in South Korea were reported. Conversion to company-operated stores and expansion of the franchise network progressed in concrete terms.
  26. FY2018-Q2AdvancedAnnual report

    「In June 2017, we converted the franchise store “SALVATORE CUOMO & BAR Kanazawa Katamachi” to a company-operated store. In South Korea, we continued opening new locations, opening the franchise store “SALVATORE CUOMO Shinsegae Gyeonggi” in Yongin, Gyeonggi Province, in July 2017 and “PIZZA SALVATORE CUOMO Starfield Goyang” in Goyang, Gyeonggi Province, in August.」

    In addition to converting the Kanazawa Katamachi franchise store to a company-operated store, 2 franchise stores were opened in South Korea. The franchise network expanded and further conversions to company-operated stores were made.
  27. FY2018-Q1AdvancedAnnual report

    「In March 2017, we converted the franchise store “SALVATORE CUOMO & BAR Kumamoto” to a company-operated store, and in April of the same year we closed “SALVATORE CUOMO & BAR Sannomiya.” In May, we opened the franchise store “PIZZA SALVATORE CUOMO Lotte Department Store Busan Main Store” in Busan Metropolitan City, South Korea.」

    The Kumamoto franchise store was converted to a company-operated store, and a franchise opening in Busan, South Korea, was added. The expansion of the franchise network and conversion to company-operated stores were described as specific results.
  28. FY2017AdvancedAnnual report

    「Among the franchise stores, we opened “SALVATORE CUOMO & BAR Matsuyama” and “SALVATORE CUOMO & BAR Kokura” in March 2016, “SALVATORE CUOMO & BAR Himeji” in April, “SALVATORE CUOMO & BAR MANILA” in June, “SALVATORE CUOMO & BAR Hamamatsu” in July, and “SALVATORE CUOMO Shinsegae Daegu” in December, while converting the franchise store “PIZZA SALVATORE CUOMO Sangenjaya” to a company-operated store in March of the same year.」

    “SALVATORE CUOMO Shinsegae Daegu” was added to the franchise openings, and the conversion of the Sangenjaya store to a company-operated store was also reported as an annual result.
  29. FY2017-Q3RestatedAnnual report

    「Among the franchise stores, we opened “SALVATORE CUOMO & BAR Matsuyama” and “SALVATORE CUOMO & BAR Kokura” in March 2016, “SALVATORE CUOMO & BAR Himeji” in April, “SALVATORE CUOMO & BAR MANILA” in June, and “SALVATORE CUOMO & BAR Hamamatsu” in July. We also converted the franchise store “PIZZA SALVATORE CUOMO Sangenjaya” to a company-operated store in March 2016.」

    The franchise openings and the conversion of the Sangenjaya store to a company-operated store were reiterated as the same results as in the previous quarter. No new conversions to company-operated stores were disclosed.
  30. FY2017-Q2AdvancedAnnual report

    「Among the franchise stores, we opened “SALVATORE CUOMO & BAR Matsuyama” and “SALVATORE CUOMO & BAR Kokura” in March 2016, “SALVATORE CUOMO & BAR Himeji” in April, “SALVATORE CUOMO & BAR MANILA” in June, and “SALVATORE CUOMO & BAR Hamamatsu” in July. We also converted the franchise store “PIZZA SALVATORE CUOMO Sangenjaya” to a company-operated store in March 2016.」

    New franchise openings were expanded from Matsuyama, Kokura and Himeji to MANILA and Hamamatsu, and the conversion of the Sangenjaya franchise store to a company-operated store was also disclosed.
  31. FY2017-Q1First statedAnnual report

    「For the casual restaurant group, in addition to strengthening existing stores, we promoted new openings through franchise stores. In March 2016, we converted the franchise store “PIZZA SALVATORE CUOMO Sangenjaya” to a company-operated store, and opened “SALVATORE CUOMO & BAR Matsuyama” and “SALVATORE CUOMO & BAR Kokura,” followed by “SALVATORE CUOMO & BAR Himeji” in April of the same year.」

    The disclosure describes new franchise openings and the conversion of existing franchise stores to company-operated stores as specific operating measures.
Moved together

"Advancing New Store Openings" moved the same way as this thread, in the same document, in 21 of its 31 moves.

21141413128★123456
  1. ★This thread
  2. 1Advancing New Store Openings21×
  3. 2Strong performance from the casual restaurant group14×
  4. 3Closure of Company-Operated Stores and Changes in Store Footprint Composition14×
  5. 4XEX Group Recovery and Profitability Improvement13×
  6. 5Improvement in performance driven by higher sales and profits12×
  7. 6Impairment of Fixed Assets Associated with Store Closures and Continuing Operating Losses8×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Y's table yet. It last moved in the Earnings of 2026-10-15: "Advanced".
News
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