Planned Store Openings and Renovations and Format Conversions at Approximately 50 Stores Annually
First written in FY2017. 19 of 30 entries say "Advanced", first in FY2018. Latest entry: FY2026.
2 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「In store development, after carefully considering new openings in light of rising construction costs and other factors, we opened fewer stores than initially planned: 10 directly operated stores, 1 franchise store and 2 subsidiary stores in the food-service business. We also continued to enhance our stores, including through remodeling, format conversions and repairs, to provide customers with comfortable spaces.」
New openings were approached more cautiously in light of rising construction costs, and the number of openings fell below the initial plan. Meanwhile, 10 directly operated stores, 1 franchise store and 2 subsidiary stores were opened, and store enhancements were carried out. - FY2026-H1SoftenedAnnual report
「In store development, after carefully considering new openings in light of rising construction costs and other factors, we opened fewer stores than initially planned: 4 directly operated stores in the food-service business and 1 store through a subsidiary. We also continued to enhance our stores, including through remodeling, format conversions and repairs, to provide customers with comfortable spaces.」
New openings were approached more cautiously in light of rising construction costs, and the number of openings fell below the initial plan. Meanwhile, 4 directly operated stores and 1 subsidiary store were opened in the food-service business, and remodeling, format conversions and repairs were carried out. - FY2025AdvancedAnnual report
「In store development, we opened 6 directly operated stores and 2 franchise stores in the restaurant business and 1 store at a subsidiary, while advancing store improvements, including refurbishments, format conversions and repairs, to provide customers with comfortable spaces. We opened 3 strong-performing Sakanaya Sakaba Uosei stores, bringing the number of Sakanaya Sakaba Uosei stores at the end of the consolidated fiscal year to 17, comprising 16 directly operated stores and 1 franchise store.」
In the food-service business, the Company opened 6 directly operated stores and 2 franchise stores, while a subsidiary opened 1 store. It added 3 Uosei-format stores, bringing the total to 17 at year-end. Remodeling, format conversions and repairs are also continuing. - FY2025-H1AdvancedAnnual report
「In store development, we opened 2 directly operated stores and 1 franchise store, while advancing store improvements, including refurbishments, format conversions and repairs, to provide customers with comfortable spaces.」
During the interim consolidated fiscal period, the Company opened 2 directly operated stores and 1 franchise store and advanced store improvements, including refurbishments, format conversions and repairs. - FY2024AdvancedAnnual report
「In store development, we opened 4 directly operated stores and 2 franchise stores, while advancing store improvements, including refurbishments, format conversions and repairs, to provide customers with comfortable spaces. We also focused on developing and rolling out new formats. At the end of the consolidated fiscal year, there were 3 monjayaki-format stores, and in March we opened the new-format Hokkaido Chimujin Ginza store.」
The Company opened 4 directly operated stores and 2 franchise stores and advanced refurbishments, format conversions and repairs. It shifted from a previous focus centred on store closures toward store development including new openings, and describes 3 monjayaki-format stores and the opening of Hokkaido Chimujin Ginza. - FY2024-Q3AdvancedAnnual report
「In store development, we opened 3 directly operated stores and 1 franchise store, while advancing store improvements, including refurbishments, format conversions and repairs, to provide customers with comfortable spaces.」
During the first 3 quarters, the Company opened 3 directly operated stores and 1 franchise store and advanced store improvements, including refurbishments, format conversions and repairs. - FY2024-Q2AdvancedAnnual report
「In store development, we opened 2 directly operated stores and 1 franchise store, while advancing store improvements, including refurbishments, format conversions and repairs, to provide customers with comfortable spaces.」
The Company opened 2 directly operated stores and 1 franchise store and continued store improvements, including refurbishments, format conversions and repairs. - FY2024-Q1AdvancedAnnual report
「In store development, we resumed opening new directly operated stores, which had been suspended during the COVID-19 pandemic, and opened 1 store during the first quarter of the current consolidated fiscal year, while continuing to improve stores so that customers could enjoy comfortable spaces.」
The Company resumed new directly operated store openings, which had been suspended during the COVID-19 pandemic, and opened 1 store during the first quarter. It also continued to improve its stores. - FY2023RestatedAnnual report
「In store development, in consideration of the COVID-19 pandemic, we did not open any new directly operated stores, but worked to improve our stores so that customers could enjoy comfortable spaces. In format conversions and refresh refurbishments, our fish-focused Uosei format, which draws on the Company's strength in fish, has been well received by customers, and we plan to continue format conversions and refresh refurbishments as needed.」
The Company continues its policy of not opening new directly operated stores while advancing format conversions and refresh refurbishments, including the Uosei format. - FY2023-Q3RestatedAnnual report
「In store development, in consideration of the COVID-19 pandemic, we did not open any new directly operated stores, but carried out format conversions and refresh refurbishments to provide customers with comfortable spaces. Our fish-focused Uosei format, which draws on the Company's strength in fish, has been well received by customers. We plan to continue format conversions and refresh refurbishments as needed.」
The Company continues its policy of improving store comfort through format conversions and refresh refurbishments without opening new directly operated stores. It also refers to the favourable reception of the Uosei format. - FY2023-Q1AdvancedAnnual report
「In store development, in consideration of the COVID-19 pandemic, we did not open any new directly operated stores, but carried out format conversions and refresh refurbishments at 14 stores to provide customers with comfortable spaces. The format conversions included fish-focused formats such as Uosei, which centres on the Company's strength in fish, and the Sakanaya Sakaba Uosei format has been well received by customers. We plan to continue format conversions and refresh refurbishments tailored to individual stores.」
While not opening new stores, the Company carried out format conversions and refresh refurbishments at 14 stores and is advancing format conversions tailored to individual stores, including the Uosei format. - FY2022AdvancedAnnual report
「Regarding store openings and closures, the Group opened 7 new stores in total, while the Company closed 33 directly operated stores, bringing the total number of closures, including franchise stores and consolidated subsidiaries, to 68.」
As the annual result of store-network restructuring, the Group opened 7 new stores while closing 33 directly operated stores and 68 stores in total, including franchise stores and consolidated subsidiaries. - FY2022-Q3AdvancedAnnual report
「The number of stores during the first 3 quarters of the current consolidated fiscal year was as follows. End of previous fiscal year New openings Closures Franchise conversions Directly operated conversions End of third quarter Directly operated stores 276 △26 △4 4 250 Contract stores 90 90 Total directly operated stores 366 － △26 △4 4 340 Franchise stores 201 3 △26 4 △4 178 Total directly operated and franchise stores 567 3 △52 － － 518」
During the third quarter, the Company opened 5 new stores while closing 26 directly operated stores and 26 franchise stores, reducing the total number of directly operated and franchise stores from 567 to 518. Store-network restructuring and downsizing are progressing. - FY2022-Q2AdvancedAnnual report
「Directly operated stores 276 △21 △4 2 253 Contract stores 90 90 Total directly operated stores 366 － △21 △4 2 343 Franchise stores 201 2 △24 4 △2 181 Total directly operated and franchise stores 567 2 △45 － － 524」
As store-network restructuring progressed, the Company opened 3 new stores and closed 45 stores during the second quarter. Directly operated stores decreased by 21 and franchise stores by 24, bringing the total number of directly operated and franchise stores from 567 to 524. - FY2022-Q1AdvancedAnnual report
「Group total 604 2 △14 － － 592」
As a result of store-network restructuring, the Group opened 2 new stores and closed 14 stores during the first quarter, reducing its total number of stores from 604 to 592. - FY2021AdvancedAnnual report
「In addition, we closed 75 directly operated stores, bringing the total number of closures, including franchise stores and consolidated subsidiaries, to 124.」
As a specific result of store-network restructuring, the Company closed 75 directly operated stores and 124 stores in total, including franchise stores and consolidated subsidiaries. It also describes a future assumption of increasing the number of stores through new openings, mainly directly operated stores, from the fiscal year ending March 2023 onward. - FY2021-Q3AdvancedAnnual report
「The number of directly operated stores in the restaurant business at the end of the third quarter of the current consolidated fiscal period was 284, reflecting 6 new directly operated store openings, 68 store closures, 4 build-to-suit stores for franchisees, and 12 conversions from franchise stores to directly operated stores.」
In line with its policy of limiting new openings and restructuring its store network, the Company carried out a large-scale reduction in stores during the quarter, including the closure of 68 directly operated stores. - FY2021-Q2AdvancedAnnual report
「The number of directly operated stores in the restaurant business at the end of the second quarter of the current consolidated fiscal period was 301, reflecting 5 new directly operated store openings, 49 store closures, 2 build-to-suit stores for franchisees, and 9 conversions from franchise stores to directly operated stores.」
In line with the store-network restructuring direction indicated in the previous quarter, the Company describes a substantial reduction in its store base during the quarter, including the closure of 49 directly operated stores and 22 franchise stores. - FY2021-Q1ReframedAnnual report
「As announced in the consolidated results for the fiscal year ended March 2020, we decided to close 72 stores in light of the impact of COVID-19.」
The Company's focus has shifted from its previous policy centred on planned openings, refurbishments and format conversions toward restructuring its store network, including the decision to close 72 stores in light of the impact of COVID-19. - FY2020-Q3RestatedAnnual report
「To address these circumstances, in the restaurant business we have prioritised employee satisfaction based on the belief that it leads to customer satisfaction, while limiting new openings and working to improve service levels at existing stores and provide employee training.」
The Company continues its operating policy of limiting new openings and prioritising improved service levels at existing stores and employee training. - FY2020-Q2RestatedAnnual report
「To address these circumstances, in the restaurant business we have prioritised employee satisfaction based on the belief that it leads to customer satisfaction, while limiting new openings and working to improve service levels at existing stores and provide employee training.」
The Company continues its operating policy of limiting new openings and prioritising improved service levels at existing stores and employee training. - FY2020-Q1RestatedAnnual report
「In the restaurant business, we have prioritised employee satisfaction while working to improve service levels at existing stores and limiting new openings, based on the belief that employee satisfaction leads to customer satisfaction.」
The Company continues its operating policy of limiting new openings and prioritising improved service levels at existing stores. - FY2019AdvancedAnnual report
「During the consolidated fiscal year, we opened 21 directly operated stores, including 7 Sakanaya Dojo stores and 3 Yakitori Gyoza Dojo stores. Total capital expenditure associated with openings and other activities was ¥1,207 million, funded through internal funds and leases.」
Against its policy of planned openings and refurbishments, the Company opened 21 directly operated stores during the fiscal year and incurred ¥1,207 million in capital expenditure. - FY2019-Q3ReframedAnnual report
「Specifically, while limiting new openings, we worked to refurbish and convert existing stores and improve service capabilities. To further strengthen the recruitment of foreign employees, we established a subsidiary in Hanoi, Socialist Republic of Vietnam, for the purpose of opening stores.」
The Company has shifted its focus from its previous emphasis on expanding store openings toward limiting new openings and prioritising the refurbishment and conversion of existing stores and improved service capabilities. - FY2019-Q2AdvancedAnnual report
「The number of directly operated stores in the restaurant business at the end of the second quarter of the current consolidated fiscal period was 344, compared with 348 at the end of the previous fiscal year and 336 at the end of the same quarter of the previous fiscal year. This reflected 10 new directly operated store openings, 10 store closures, 5 build-to-suit stores for franchisees, and 1 conversion from a franchise store to a directly operated store.」
The Company opened 10 new directly operated stores during the second quarter and updated the implementation status of its planned store expansion. - FY2019-Q1AdvancedAnnual report
「The number of directly operated stores in the restaurant business at the end of the first quarter of the current consolidated fiscal period was 348, compared with 348 at the end of the previous fiscal year and 339 at the end of the same quarter of the previous fiscal year. This reflected 5 new directly operated store openings, 4 store closures, 2 build-to-suit stores for franchisees, and 1 conversion from a franchise store to a directly operated store.」
The Company opened 5 new directly operated stores during the first quarter and updated the implementation status of its planned store expansion. - FY2018AdvancedAnnual report
「During the consolidated fiscal year, we opened 37 directly operated stores, including 15 Sakanaya Dojo stores and 7 Hanano Mai stores. Total capital expenditure associated with openings and other activities was ¥1,406 million, funded through internal funds and leases.」
In addition to its policy of refurbishing and converting approximately 50 stores annually, the Company opened 37 directly operated stores during the fiscal year and incurred ¥1,406 million in capital expenditure. - FY2017First statedAnnual report
「We will pursue store designs supported by customers, including a planned opening strategy, highly visible exteriors and interiors incorporating local culture. By refurbishing and converting approximately 50 existing stores annually and operating stores nationwide where customers can always experience cleanliness and comfort, we will continue to achieve stable and sustainable growth.」
The Company identifies planned openings, store design, and the refurbishment and conversion of existing stores as specific measures, and indicates a scale of approximately 50 stores annually.