Komori
Pietro (2818) · TargetAdvanced

Restaurant business turnaround

First written in FY2016. 16 of 36 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-11-13.

36entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2022-Q1 – FY2024-Q22016: 320162017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 320232024: 220242025: 120252026: 42026
Same theme, other companies
Food and Beverage Business: Return to Operating Profit and Profit GrowthA theme 8 companies write about · 0 as a headwind · 8 as a tailwind

3 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In terms of profit, although the company incurred higher raw-material and labor costs and recorded store-closing expenses, it improved profitability by closing unprofitable stores in addition to benefiting from strong sales. As a result, segment revenue was ¥4,871 million, up 13.4% from the previous fiscal year, and segment profit was ¥147 million, up 47.7% from the previous fiscal year.」

    Through measures including the closure of unprofitable stores, the store business posted full-year segment profit of ¥147 million, increasing profit from the previous fiscal year.
  2. 2026-05-15RestatedResults

    「この結果、セグメント売上高は48億71百万円(前期比13.4%増)、セグメント利益は1億47百万円(前期比47.7%増)となりました。」

    店舗事業の黒字状態を維持し、利益が前年同期を上回った。
  3. FY2026-H1RestatedAnnual report

    「As a result, segment revenue was ¥2,413 million, up 15.5% year on year, and segment profit was ¥46 million, down 5.0% year on year.」

    The store business maintained year-on-year revenue growth and remained profitable. Although profit was below that of the same period of the previous year, it remained in positive territory.
  4. FY2024AchievedAnnual report

    「In addition to strong sales at both existing and new restaurant locations, the company benefited from menu revisions and price increases in response to rising raw-material and other costs. It also closed unprofitable stores in Japan and overseas, improved store operating productivity and efficiency through the introduction of communication tools, and optimized staff allocation. As a result, segment revenue was ¥3,859 million, up 25.4% from the previous fiscal year, and segment profit was ¥24 million, compared with a ¥119 million loss in the previous fiscal year, marking a return to profitability.」

    Through menu revisions and price increases, the closure of unprofitable stores, productivity improvements and optimized staff allocation, the store business posted full-year segment profit of ¥24 million, explicitly marking a return to profitability.
  5. FY2024-Q3RestatedAnnual report

    「As a result, segment revenue was ¥2,825 million, up 23.5% year on year, and segment profit was ¥33 million, compared with a ¥127 million loss in the same period of the previous year, resulting in higher revenue and profit and a return to profitability.」

    The company continued to report a return to profitability in the store business through measures including menu revisions, price increases and more efficient staff allocation.
  6. FY2024-Q2AchievedAnnual report

    「In terms of profit, in addition to strong sales at restaurant locations, the company worked on menu revisions and price increases in response to rising raw-material and other costs, as well as more efficient staff allocation. As a result, segment revenue was ¥1,883 million, up 26.5% year on year, and segment profit was ¥34 million, compared with a ¥87 million loss in the same period of the previous year, resulting in higher revenue and profit and a return to profitability.」

    During the cumulative second-quarter period under review, the store business posted segment profit of ¥34 million through measures including menu revisions, price increases and more efficient staff allocation, explicitly marking a return to profitability.
  7. FY2024-Q1AdvancedAnnual report

    「In terms of profit, in addition to strong sales at restaurant locations, the company benefited from menu revisions and price increases in response to rising raw-material and other costs, as well as more efficient staff allocation, enabling it to return to profitability. As a result, segment revenue was ¥908 million, up 22.6% year on year, and segment profit was ¥8 million, compared with a ¥36 million loss in the same period of the previous year, resulting in higher revenue and profit.」

    Through menu revisions, price increases and more efficient staff allocation, the store business swung from a ¥36 million loss in the same period of the previous year to a ¥8 million profit, returning to profitability. This was reported as an achievement for the cumulative period under review, separate from establishing full-year profitability.
  8. FY2023-Q3AdvancedAnnual report

    「As a result, segment revenue was ¥2,143 million, up 47.1% year on year, and the segment loss was ¥52 million, compared with a ¥167 million loss in the same period of the previous year.」

    The restaurant business increased revenue 47.1% year on year, while the segment loss narrowed from ¥167 million to ¥52 million. However, it had not yet returned to profitability.
  9. FY2023-Q2AdvancedAnnual report

    「In terms of profit, the company revised prices to address surging raw-material costs, which improved the cost ratio and substantially reduced the loss. However, the resurgence of infections during the seventh wave of COVID-19 depressed dinner-time revenue, among other factors, preventing a return to profitability. As a result, segment revenue was ¥1,405 million, up 61.2% year on year, and the segment loss was ¥33 million, compared with a ¥147 million loss in the same period of the previous year.」

    The restaurant business's loss narrowed from ¥147 million to ¥33 million through measures including cost-ratio improvements from price revisions, but it had not yet returned to profitability.
  10. FY2023-Q1AdvancedAnnual report

    「As a result, segment revenue was ¥699 million, up 70.9% year on year, and the segment loss was ¥8 million, compared with a ¥91 million loss in the same period of the previous year.」

    Restaurant business revenue increased 70.9% year on year, while the segment loss narrowed substantially from ¥91 million to ¥8 million. The business nevertheless remained loss-making on a cumulative basis for the quarter.
  11. FY2022AdvancedAnnual report

    「As a result, segment revenue was ¥1,984 million, up 31.4% from the previous fiscal year, and the segment loss was ¥217 million, compared with a ¥329 million loss in the previous fiscal year.」

    The restaurant business increased revenue, and the segment loss narrowed from ¥329 million to ¥217 million. However, it had not yet established sustained profitability.
  12. FY2022-Q3AdvancedAnnual report

    「Through these measures, sales at existing stores recovered to approximately pre-pandemic levels, and the company achieved profitability for the single month of December, when restrictions were eased. As a result, segment revenue was ¥1,457 million, up 31.0% year on year, and the segment loss was ¥167 million, compared with a ¥242 million loss in the same period of the previous year.」

    The restaurant business posted 31.0% year-on-year revenue growth, while the segment loss narrowed from ¥242 million to ¥167 million and the business was profitable in December alone. However, it remained in the red on a cumulative third-quarter basis.
  13. FY2022-Q2AdvancedAnnual report

    「Amid continued conditions including renewed requests for shorter operating hours due to the resurgence of infections, the company implemented measures to improve customer satisfaction, including promoting high-value-added menus and further strengthening service training for staff. It also expanded its takeout menu and worked on delivery services and stronger in-store merchandise sales, resulting in revenue exceeding that of the same period of the previous year. As a result, segment revenue was ¥871 million, up 38.5% year on year, and the segment loss was ¥147 million, compared with a ¥196 million loss in the same period of the previous year.」

    Revenue exceeded that of the same period of the previous year through high-value-added menus, service training and takeout services, while the restaurant business's cumulative loss narrowed from ¥196 million to ¥147 million. However, it remained in the red.
  14. FY2022-Q1AdvancedAnnual report

    「Revenue was recovering from the previous fiscal year, but amid continued conditions including renewed requests for shorter operating hours due to the resurgence of infections, the company implemented measures to improve customer satisfaction, including promoting high-value-added menus and further strengthening service training for staff. It also expanded its takeout menu, worked on delivery services and strengthened in-store sales of merchandise. As a result, segment revenue was ¥409 million, up 89.6% year on year, and the segment loss was ¥91 million, compared with a ¥114 million loss in the same period of the previous year.」

    The restaurant business's loss narrowed from ¥114 million in the same period of the previous year to ¥91 million through measures including high-value-added menus, service training and takeout services. However, it remained in the red.
  15. FY2021WorsenedAnnual report

    「The restaurant business, which was significantly negatively affected by the COVID-19 pandemic, will seek to improve customer satisfaction by strengthening its high-value-added and dinner menus and enhancing hospitality, with the aim of returning to profitability in the fiscal year ending March 2023.」

    While resetting the target for returning to profitability to the fiscal year ending March 2023, the segment posted a ¥329 million loss for the current fiscal year, widening the loss from ¥28.4 million in the previous fiscal year.
  16. FY2021-Q3WorsenedAnnual report

    「As a result, segment revenue was ¥1,219 million, down 35.8% year on year, and the segment loss was ¥242 million, compared with a ¥18 million profit in the same period of the previous year.」

    The restaurant business swung from a ¥18 million profit in the same period of the previous year to a ¥242 million loss, and performance deteriorated further after returning to profitability.
  17. FY2021-Q2WorsenedAnnual report

    「The first-quarter consolidated accounting period, from April 2020 to June 2020, was significantly affected by the spread of COVID-19, resulting in substantial declines in both revenue and profit. During the second-quarter consolidated accounting period, from July 2020 to September 2020, revenue began to recover gradually after the state of emergency was lifted, reaching approximately 70% of the year-earlier level as of September. As a result, segment revenue was ¥726 million, down 43.6% year on year, and the segment loss was ¥196 million, compared with a ¥9 million profit in the same period of the previous year.」

    Although revenue had recovered to approximately 70% of the year-earlier level as of September, cumulative first-half results swung from a profit in the same period of the previous year to a segment loss of ¥196 million, indicating deterioration in the restaurant business's return to profitability.
  18. FY2021-Q1WorsenedAnnual report

    「As a result, segment revenue was ¥220 million, down 63.3% year on year, and the segment loss was ¥114 million, compared with a ¥7 million loss in the same period of the previous year.」

    The restaurant business's loss widened from ¥7 million in the same period of the previous year to ¥114 million, and performance deteriorated significantly in the first quarter after returning to profitability.
  19. FY2020WorsenedAnnual report

    「The restaurant business benefited from improved profitability through the closure of unprofitable stores, but faced negative factors including lower revenue from store closures, lower revenue due to the spread of COVID-19, lower revenue from its contracted menu business, and higher labor costs resulting from changes in employment arrangements. As a result, segment revenue was ¥2.431 billion, down 5.9% year on year, and the segment posted a loss of ¥28 million, compared with a profit of ¥32 million in the previous fiscal year.」

    Although closing unprofitable stores was a factor behind the improvement, for the full year the segment swung from a ¥32 million profit in the previous fiscal year to a ¥28 million loss, and performance deteriorated after returning to profitability.
  20. FY2020-Q3RestatedAnnual report

    「The restaurant business was affected by lower revenue from store closures, higher labor costs, and lower sales of products for commercial use. However, profitability improved as a result of closing unprofitable stores, and the menu revisions showed positive results. The company will continue working to further improve customer satisfaction and generate profit. As a result, revenue was ¥1.899 billion, down 3.6% year on year, and segment profit was ¥18 million, down 24.8% year on year.」

    The company continued to improve profitability by closing unprofitable stores and revising its menus, securing cumulative segment profit of ¥18 million, although profit declined year on year.
  21. FY2020-Q2AdvancedAnnual report

    「Under this fiscal year's management policy of further revitalizing existing stores and taking on the challenge of new formats, the company worked to increase sales and improve profitability. It revised its core menu and actively developed fair menus, which have been well received. It also strengthened dinner service at existing stores, expanded higher-priced lunch menu items, and enhanced service training, resulting in customer numbers and average spend both exceeding the same period of the previous year. As a result, revenue was ¥1.287 billion, down 5.4% year on year, and segment profit was ¥9 million, down 77.0% year on year.」

    The restaurant business reported lower revenue and a significant decline in profit year on year, but posted segment profit of ¥9 million for the cumulative second-quarter period. On a cumulative basis, it recorded a profit, compared with the segment loss reported in the previous quarterly report.
  22. FY2020-Q1WorsenedAnnual report

    「Under this fiscal year's management policy of further revitalizing existing stores and taking on the challenge of new formats, the company worked to increase sales and improve profitability. It expanded its dinner menu, including appetizers served before pasta, enhanced staff training, and worked to improve service. As a result, both sales and profit at existing stores exceeded the same period of the previous year. However, sales declined due to store closures, as did sales and profit from sales of products for commercial use. As a result, revenue was ¥599 million, down 8.9% year on year, and the segment loss was ¥7 million, compared with a segment profit of ¥9 million in the same period of the previous year.」

    Although existing stores improved, the restaurant business as a whole shifted from a profit in the same period of the previous year to a segment loss of ¥7 million due to store closures and other factors. First-quarter performance deteriorated after the business achieved full-year profitability.
  23. FY2019AchievedAnnual report

    「Gross profit increased alongside higher sales at existing directly operated stores. Together with detailed store-level expense management, including costs, and the effects of closing unprofitable stores, this improved profitability and enabled the business to return to profitability.」

    The restaurant business posted a segment profit of ¥32 million in the current fiscal year, compared with a segment loss of ¥72 million in the previous fiscal year, explicitly indicating a return to profitability for the full fiscal year.
  24. FY2019-Q3RestatedAnnual report

    「Gross profit increased alongside higher sales at existing directly operated stores. Together with detailed store-level expense management, including costs, and the effects of closing unprofitable stores, this improved profitability and enabled the business to return to profitability. As a result, revenue was ¥1.969 billion, up 4.0% year on year, and the segment posted a profit of ¥24 million, compared with a segment loss of ¥69 million in the same period of the previous year.」

    The company continues to report that the restaurant business has returned to profitability through store-level cost and expense management and the effects of closing unprofitable stores.
  25. FY2019-Q2AchievedAnnual report

    「Gross profit increased alongside higher sales at directly operated stores. Together with detailed store-level expense management, including costs, and the effects of closing unprofitable stores, this improved profitability and enabled the business to return to profitability. As a result, revenue was ¥1.36 billion, up 5.1% year on year, and the segment posted a profit of ¥41 million, compared with a segment loss of ¥36 million in the same period of the previous year.」

    Through store-level expense management, including costs, and the effects of closing unprofitable stores, the company explicitly reported that the restaurant business had returned to profitability for the cumulative second-quarter period.
  26. FY2019-Q1AdvancedAnnual report

    「During the first quarter of the current consolidated cumulative period, the company worked to increase sales and improve profitability under the policy of returning the restaurant business to profitability. Earnings improved as a result of detailed store-level cost management and the effects of closing unprofitable stores. As a result, revenue was ¥657 million, up 4.4% year on year, and the segment posted a profit of ¥9 million, compared with a segment loss of ¥21 million in the same period of the previous year.」

    Detailed store-level cost management and the effects of closing unprofitable stores resulted in a shift from a ¥21 million loss in the same period of the previous year to a segment profit of ¥9 million. The business returned to profitability on a quarterly basis, but this is not treated as completion of the full-year target.
  27. FY2018AdvancedAnnual report

    「During the consolidated fiscal year, the company worked to increase sales and improve profitability under the policies of revitalizing existing stores, strengthening new-format stores, and reinforcing partnership businesses. As a result, revenue was ¥2.543 billion, up 0.3% year on year, while the segment loss was ¥72 million, compared with a segment loss of ¥110 million in the previous fiscal year.」

    Although the restaurant business has not yet returned to profitability, its loss narrowed from ¥110 million to ¥72 million. The company continues to revitalize existing stores, strengthen new-format stores, and reinforce partnership businesses.
  28. FY2018-Q3AdvancedAnnual report

    「As a result, revenue was ¥1.894 billion, down 0.8% year on year, while the segment loss was ¥69 million, compared with a segment loss of ¥80 million in the same period of the previous year.」

    Although the restaurant business remained loss-making, its segment loss narrowed from ¥80 million in the same period of the previous year to ¥69 million, indicating progress toward the target of returning to profitability.
  29. FY2018-Q2WorsenedAnnual report

    「As a result, revenue was ¥1.295 billion, down 2.0% year on year, while the segment loss was ¥36 million, compared with a segment loss of ¥27 million in the same period of the previous year.」

    The restaurant business's segment loss widened from ¥27 million in the same period of the previous year to ¥36 million, indicating a deterioration in performance relative to the target of returning to profitability.
  30. FY2018-Q1AdvancedAnnual report

    「Specifically, as a profit improvement measure, the company worked to reduce the cost of sales, improving it by 0.7% year on year. Going forward, it will seek further profit improvement by introducing a new menu from July. As a result, revenue was ¥629 million, down 0.3% year on year, while the segment loss was ¥21 million, compared with a segment loss of ¥25 million in the same period of the previous year.」

    The cost of sales improved by 0.7% year on year, and the segment loss narrowed from ¥25 million to ¥21 million. Although the business has not yet returned to profitability, specific measures were presented, including cost reduction and the introduction of a new menu from July.
  31. FY2017-Q3WorsenedAnnual report

    「As a result, revenue was ¥1.91 billion, up 4.7% year on year, but the segment loss was ¥80 million, compared with a segment loss of ¥34 million in the same period of the previous year, due in part to the cost of opening new stores.」

    The restaurant business posted higher revenue, while its segment loss widened from ¥34 million in the same period of the previous year to ¥80 million.
  32. FY2017-Q2WorsenedAnnual report

    「The segment loss was ¥27 million, compared with a segment loss of ¥19 million in the same period of the previous year.」

    Restaurant business revenue increased 4.9% year on year, while the segment loss widened from ¥19 million in the same period of the previous year to ¥27 million.
  33. FY2017-Q1Losses expandedAnnual report

    「As a result, revenue was ¥631 million, up 2.8% year on year, while the segment loss was ¥25 million, compared with a segment loss of ¥11 million in the same period of the previous year.」

    While targeting a return to profitability, the restaurant business saw its loss widen from the same period of the previous year in the first quarter.
  34. FY2016First statedAnnual report

    「Amid major changes in the operating environment surrounding its restaurant stores, the company will analyze each store and implement sales and profit measures to achieve a turnaround.」

    The company is targeting a return to profitability through store-by-store analysis and sales and profit measures.
Moved together

"Restaurant expansion suited to new formats and locations" moved the same way as this thread, in the same document, in 16 of its 36 moves.

161413121211★123456
  1. ★This thread
  2. 1Restaurant expansion suited to new formats and locations16×
  3. 2Capital expenditure on factories and repayment of borrowings using equity-financing proceeds14×
  4. 3Improving customer satisfaction and service in the restaurant business13×
  5. 4Strengthening the manufacture and sale of frozen foods as the third core business12×
  6. 5Developing New Sales Channels12×
  7. 6Strengthening solution-based sales that communicate product value11×

★ 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
Pietro's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Results of 2026-11-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Restaurant business turnaround | PIETRO Co.,Ltd. (2818) | Komori