Securing Higher Revenue at Stores Undergoing Format Changes and Renovations
First written in FY2017-Q1. 5 of 22 entries say "Restated". Latest entry: 2026-07-15.
2 other companies' latest entry also says "Cited as achieved".
- 2026-07-15Cited as achievedRevision of earnings forecasts
「The new inbound-oriented format, including “KOBE Beef Emperor Steak,” as well as new stores and format-change stores under existing formats, has performed strongly.」
Strong performance was reported for the new inbound-oriented format, new stores under existing formats, and format-change stores. - FY2027-H1Bookings remain solidAnnual report
「In addition, bookings remained firm as a result of stronger efforts to acquire members of the company's own app and LINE members.」
The disclosure stated that bookings remained solid as a result of efforts to increase membership in the company's app and LINE membership program. - FY2025-H1RestatedAnnual report
「We believe that changing these suburban stores to formats designed for family dining has begun to produce certain benefits.」
The company continues to recognize that the initiative to convert suburban stores to formats designed for family dining is producing some benefits. - FY2024-Q1RestatedAnnual report
「We believe that changing these suburban stores to formats designed for family dining has begun to produce certain benefits.」
The company continues to recognize both the initiative to convert suburban stores to formats designed for family dining and the benefits it is producing to some extent. - FY2023-Q2RestatedAnnual report
「We believe that changing these suburban stores to formats designed for family dining has begun to produce certain benefits.」
The company continues to believe that converting suburban stores to formats designed for family dining is producing some benefits. - FY2023-Q1RestatedAnnual report
「We believe that changing these suburban stores to formats designed for family dining has begun to produce certain benefits.」
The company continues to believe that the initiative to convert suburban stores to formats designed for family dining is producing some benefits. - FY2022-Q3RestatedAnnual report
「We believe that changing these suburban stores to formats designed for family dining has begun to produce certain benefits.」
The company reaffirmed its view that the initiative to convert suburban stores to formats designed for family dining was beginning to produce some benefits. - FY2022-Q1Benefits of converting stores to a family-oriented formatAnnual report
「We believe that changing these suburban stores to formats designed for family dining has begun to produce certain benefits.」
The company indicated that converting suburban stores to formats designed for family dining was beginning to produce some benefits, based on its assessment of the results. - FY2020-Q3Revenue growth at existing stores, company-wide declineAnnual report
「Sales at existing stores exceeded the previous fiscal year's level through format changes, stronger advertising and other measures. However, the impact on operations from the typhoons that frequently struck in autumn, in September and October, was extremely significant, and could not offset the decline in revenue from stores closed during the previous fiscal year and the cumulative period of the current quarter. Revenue was ¥4,726,705 thousand, down ¥332,248 thousand, or 6.6%, from the same quarter of the previous year.」
Although sales at existing stores exceeded the previous fiscal year's level, company-wide revenue fell 6.6% due to typhoon damage and the impact of closed stores. The performance gap between existing stores and the company as a whole has continued. - FY2020-Q2Existing-store sales flat, company-wide revenue downAnnual report
「Revenue at existing locations was broadly in line with the previous fiscal year as a result of format conversions and stronger advertising. However, because of lower revenue from locations closed in the previous fiscal year and during the cumulative period of the current quarter, revenue was ¥3,005,270 thousand, a decline of ¥232,881 thousand, or 7.2%, from the same quarter of the previous year.」
Although sales at existing stores were maintained at approximately the previous year's level, company-wide revenue fell 7.2% year on year due to the decline from closed stores. - FY2020-Q1Existing-store sales flat, company-wide revenue downAnnual report
「Sales at existing stores were maintained at a level comparable to the previous fiscal year through format changes, stronger advertising and other measures. However, due to the ¥125,092 thousand decline in revenue from stores closed during the previous fiscal year and the cumulative period of the current quarter, including ¥47,762 thousand from the Steak Mito Senba store, revenue was ¥1,496,813 thousand, down ¥115,385 thousand, or 7.2%, from the same quarter of the previous year.」
Although sales at existing stores were maintained at a level comparable to the previous fiscal year, company-wide revenue fell 7.2% year on year due to the impact of closed stores. - FY2019Revenue growth at existing stores, company-wide declineAnnual report
「Through format conversions, stronger advertising and improved store operating capabilities, among other measures, we secured revenue above the previous fiscal year's level on a comparable operating-days basis.」
Although underlying sales at existing stores improved through format changes, stronger sales promotions and enhanced operating capabilities, company-wide revenue fell 2.3% due to the impact of store closures. - FY2019-Q3Revenue growth at existing stores, slight company-wide declineAnnual report
「Although the number of operating days declined due to the closure of underperforming stores, stronger sales promotions and format changes secured overall revenue growth at existing stores. As a result, revenue was ¥5,058,954 thousand, a modest decline of ¥29,729 thousand, or 0.6%, from the same quarter of the previous year.」
Although existing stores generally secured revenue growth, company-wide revenue declined slightly due to the impact of store closures. - FY2019-Q2Revenue growth at existing stores, slight company-wide growthAnnual report
「Although existing locations generally achieved revenue growth through stronger sales promotion and other measures, the closure of underperforming locations, which has been under way since the previous fiscal year, meant that revenue was limited to ¥3,238,151 thousand, an increase of ¥5,329 thousand, or 0.2%, from the same quarter of the previous year.」
Existing stores generally recorded revenue growth, and consolidated revenue, including the impact of store closures, also rose 0.2% from the same quarter of the previous year. - FY2019-Q1Revenue growth at existing stores, slight company-wide growthAnnual report
「Although existing locations generally achieved revenue growth through stronger sales promotion and format conversions, the closure of underperforming locations, which has been under way since the previous fiscal year, meant that revenue was limited to ¥1,612,199 thousand, an increase of ¥4,749 thousand, or 0.3%, from the same quarter of the previous year.」
Existing stores generally recorded revenue growth, and the company secured a 0.3% year-on-year increase on a consolidated basis, including the decline in revenue from store closures. - FY2018Existing-store sales at 100% of prior-year level, but company-wide revenue downAnnual report
「Although company-wide revenue remains below the previous fiscal year because of store closures, sales promotion and improved store operating capabilities enabled us to achieve 100% of the previous fiscal year's performance on a comparable store-count basis.」
Performance on a same-store-count basis was 100% of the previous fiscal year's level, while company-wide revenue declined due to store closures. - FY2018-Q3Existing stores transitioning to revenue growthAnnual report
「Existing stores are gradually shifting from declining to growing revenue as a result of stronger sales promotions and other measures, but revenue fell ¥481,954 thousand, or 8.7%, year on year to ¥5,088,683 thousand due to the revenue decline from closed stores.」
Although existing stores are increasingly shifting to revenue growth, company-wide revenue fell 8.7% year on year due to the impact of closed stores. - FY2018-Q2Signs of broader improvement at existing storesAnnual report
「Although conditions remain as described above, sales promotion measures, including increased advertising, are having some effect. The company plans to acquire new customers by expanding the number of stores covered. In addition, because most stores are located near train stations and face an overabundance of competing stores, existing stores remain on a declining revenue trend, although signs of bottoming out are emerging in some regions.」
The disclosure cited some effect, or an effect in line with expectations, at stores where sales promotions were implemented. It also indicated signs of bottoming out in some areas of the Tokyo metropolitan region and that the Tohoku region was generally beginning to emerge from its declining revenue trend. - FY2017Limited impact of improvementsAnnual report
「Likewise, the format conversions and store renovations described above did not lead to a significant increase in customer visits, and the revenue growth effect remained limited.」
Although the format changes and renovations at stores had some effect, they did not lead to a significant increase in customer visits or company-wide revenue growth. - FY2017-Q3Individual store improvements but no company-wide recovery from revenue declineAnnual report
「Although the stores that have undergone format changes and renovations as measures to improve the performance of existing stores are showing some improvement, this has not been sufficient to offset the company-wide trend of declining revenue, ultimately resulting in a sharp decline in both revenue and profit.」
Although stores undergoing format changes and renovations continue to show some improvement, their effects have not been sufficient to offset the company-wide decline in revenue. - FY2017-Q2Individual store improvements but no company-wide recovery from revenue declineAnnual report
「Although the stores that have undergone format changes and renovations are showing improvement, this has not been sufficient to offset the company-wide trend of declining revenue and profit, resulting in a sharp decline in both.」
Although improvements have been confirmed at stores undergoing format changes and renovations, their effects have not been sufficient to offset the company-wide declines in revenue and profit. - FY2017-Q1First statedAnnual report
「Almost all stores that have undergone the format changes and renovations currently underway have secured revenue growth.」
The results for the current quarter indicate that almost all stores undergoing format changes and renovations secured revenue growth.