Decline in royalty and food ingredient sales due to a sharp drop in the number of franchised locations
First written in FY2024. 1 of 5 entries say "Worsened", first in 2026-06-10. Latest entry: FY2026.
Chimney moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Other".
- FY2026Updated franchise store count and salesAnnual report
「Sales at franchise stores in the food and beverage business were as follows. Fiscal year Sales (thousand yen) Franchise store sales 11,787,753 99.1」
The number of franchise stores declined from 144 at the end of the previous fiscal year to 140, while franchise store sales were ¥11,787 million, or 99.1% year on year. - 2026-06-10WorsenedMonthly
「Franchise stores － △3 － △7 128」
The number of franchise stores declined by 3 during the month and by 5 cumulatively in the fiscal year ending March 2027, updating the Group’s exposure to royalties and food sales through the decline in franchise locations. - FY2026-H1Updated franchise store countAnnual report
「Franchise stores 144 −1 1 −2 142」
The number of franchise stores declined from 144 at the end of the previous fiscal year to 142. The company updated its exposure to royalty and food ingredient sales through the decline in franchise stores. - FY2025Updated franchise store count and salesAnnual report
「Sales at franchise stores in the Group's food and beverage business were ¥11,897 million, or 99.6% year on year.」
The number of franchise stores declined from 148 to 144, and franchise store sales were 99.6% year on year. The risk of lower royalty income and food ingredient sales due to a sharp decline in franchise stores remains. - FY2024First statedAnnual report
「If the number of franchised stores declines sharply due to market contraction in the izakaya industry or deteriorating performance at franchise stores, royalty income and food ingredient sales may decline, potentially affecting the Group's operating results and financial position.」
The company has, for the first time, separately identified the risk of lower royalty income and food ingredient sales resulting from a sharp decline in the number of franchise stores, distinct from the risk of collecting franchise receivables.