Overseas Expansion Focused on Southeast Asia and North America
First written in FY2016. 8 of 27 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-14.
Ap Holdings moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
0 other companies' latest entry also says "Mitigated".
- FY2026AdvancedAnnual report
「In Hong Kong, we completed the withdrawal from unprofitable stores and fundamentally reviewed our cost structure by bringing administrative functions in-house, achieving a return to profitability on a standalone basis for the first time in 37 months. We also made significant progress in enhancing brand value, including with our Kicho Hong Kong restaurant being selected for the Michelin Guide. In Singapore and the United States, we changed the heads of the businesses and are working to restructure operations. In Indonesia, customer traffic has remained solid at all existing stores, while new stores have also made a strong start. We will continue to open stores proactively, with Indonesia as the central pillar of future overseas growth.」
In Hong Kong, the business returned to standalone profitability for the first time in 37 months following the withdrawal from unprofitable stores and the bringing of administrative functions in-house. The Company also indicated a policy of continuing proactive store openings, with Indonesia as the central pillar of overseas growth. - FY2026-H1WorsenedAnnual report
「In response to these challenging conditions, we have completed the withdrawal in Hong Kong from the unprofitable first store, Tsukada Nojo Harbour City, and fifth store, Tsukada Shokudo East Point City. As the number of stores declined, we are pursuing greater efficiency and reducing administrative costs by bringing administrative functions in-house in Japan. Meanwhile, in Indonesia, the fifth store, Bijin nabe Aeon BSD, which opened at the end of the previous fiscal year, has made a smooth start, and the business as a whole has continued to perform solidly.」
In Hong Kong, the Company completed the withdrawal from 2 unprofitable stores and shifted toward reducing costs by bringing administrative functions in-house in Japan. Meanwhile, the fifth store in Indonesia has made a smooth start, and performance continues to diverge by country. - FY2025-H1WorsenedAnnual report
「In the overseas food-service business, many countries have been affected by declining food-service demand. In Hong Kong in particular, personal consumption has fallen sharply due to rising prices and uncertainty in the economic environment, as well as changes in consumer behavior. Meanwhile, Indonesia, where we operate 4 stores, has maintained strong performance.」
In the overseas business, the Company disclosed that Hong Kong has been affected by rising prices and other factors, changes in consumer behavior and a sharp decline in personal consumption, while Indonesia has maintained strong performance across its 4 stores. - FY2024-Q3Hong Kong bottoms out while Indonesia remains solidAnnual report
「In the overseas food-service business, customer traffic in Hong Kong recovered toward year-end, suggesting that performance had bottomed out, but the effects of the sluggish Chinese economy continue and the outlook remains uncertain. In Indonesia, operations have continued to perform solidly, including at the fourth store opened at a shopping mall in Jakarta.」
In Hong Kong, the year-end recovery in customer traffic coexisted with the effects of the sluggish Chinese economy, while Indonesia remained solid, including at its fourth store near Jakarta. - FY2024-Q2AdvancedAnnual report
「In Indonesia, which continues to perform well, we opened our fourth store in September at a shopping mall near Jakarta, and operations have remained solid.」
In September 2023, the fourth store in Indonesia was opened at a shopping mall near Jakarta. Store expansion in Indonesia is progressing amid divergent performance by country. - FY2024-Q1Performance diverged by countryAnnual report
「In the overseas food-service business, while many countries, including Hong Kong, Singapore and the United States, have been affected by declining food-service demand in their respective markets, Indonesia has continued to perform well, including at stores opened last year.」
Performance trends in the overseas business have diverged by country: demand has declined in Hong Kong, Singapore and the United States, while Indonesia has performed well, including at its new stores. - FY2023AdvancedAnnual report
「In the food-service business, we operate more than 40 brands across 160 stores in Japan and 19 overseas stores.」
The annual business description specifically states that there are 19 overseas stores. - FY2021RestatedAnnual report
「We will also promote earnings growth by selecting the formats and markets for our new and overseas businesses and boldly pursuing a strategy of selectivity and concentration.」
The overseas business continues to pursue a policy of selecting business formats and markets and concentrating resources, rather than expanding uniformly. - FY2020SoftenedAnnual report
「We will also promote earnings growth by selecting the formats and markets for our new and overseas businesses and boldly pursuing a strategy of selectivity and concentration.」
The policy of selecting business formats and markets and concentrating resources, rather than pursuing uniform overseas expansion, remains in place. - FY2020-Q1SoftenedAnnual report
「Beijing Jiannong Food and Beverage Management Co., Ltd., formerly a consolidated subsidiary of the Company, was excluded from the scope of consolidation from the first quarter of the current fiscal year because a consolidated subsidiary of the Company sold all of its shares in the company.」
The sale of all shares in the Chinese subsidiary and its exclusion from the scope of consolidation were disclosed, indicating a shift in the overseas business toward streamlining and selectivity rather than expansion. - FY2019SoftenedAnnual report
「We will also promote earnings growth by selecting the formats and markets for our new and overseas businesses and boldly pursuing a strategy of selectivity and concentration.」
The overseas business is moving away from simply expanding into more markets and toward selecting business formats and markets and concentrating resources accordingly. - FY2018ReframedAnnual report
「The Marketing Headquarters and Sales Headquarters will work together to focus in the near term on improving sales at existing stores in Japan, while selecting the overseas markets in which to operate.」
The Group is shifting its focus from simply expanding overseas stores to selecting the markets in which to operate. - FY2018-Q3SoftenedAnnual report
「The Group did not open any new stores during the quarter.」
Regarding store expansion, including overseas, the Group as a whole did not open any new stores during the quarter and is moderating the pace of expansion. - FY2018-Q2RestatedAnnual report
「The company opened 9 new stores, closed 2 and changed the format of 1, bringing the number of directly operated stores to 215 at the end of the second quarter.」
Continued store openings, including overseas stores, were confirmed, but no specific progress was provided regarding the number of overseas stores or new expansion regions. - FY2018-Q1RestatedAnnual report
「Meanwhile, the company has continued opening food service stores, including overseas stores, and plans to continue increasing their number.」
The company reaffirmed its policy of continuing to open and increase food service stores, including overseas stores, but provided no new specific progress regarding the number of overseas stores or new regions. - FY2017AdvancedAnnual report
「As a result, the number of directly operated stores stood at 208 at the end of the consolidated fiscal year, including 15 overseas stores.」
The number of overseas stores increased from 12 in the immediately preceding third quarter to 15. The company identified Southeast Asia and China as its primary overseas targets and also disclosed the establishment of an Indonesian subsidiary. - FY2017-Q3AdvancedAnnual report
「During the third-quarter consolidated accounting period, the company restricted openings in Japan, opening only 1 store under the Tsukada Nojo brand and 2 stores under the Yonnahachiba brand. As a result, the number of directly operated stores at the end of the period was 205, including 12 overseas stores.」
Although the company restrained domestic store openings, the number of overseas stores, including those in Asia, reached 12, indicating progress in overseas expansion. - FY2017-Q2AdvancedAnnual report
「As the format for commercial facilities launched overseas, including in Singapore, has been performing well, the company is expanding its store locations into China, bringing the number of overseas stores to 11.」
Regarding overseas expansion, the company reported that its commercial-facility format was performing well, with expansion into China and progress to 11 overseas stores. - FY2017-Q1RestatedAnnual report
「During the first quarter, the company continued opening food service stores, including overseas stores」
The company reported continued openings of food service stores, including overseas stores, reaffirming the direction of its overseas expansion. - FY2016First statedAnnual report
「Going forward, we will step up openings in regional cities outside the Kanto region, while expanding primarily into Southeast Asia and North America.」
Following its expansion in Singapore and the United States, the company is focusing its overseas expansion primarily on Southeast Asia and North America.