Komori
Hotman (3190) · InitiativeUpdated store compositionLatest General Meetings of Shareholders (2026-06-02): "Restated"

Business model primarily based on being a mega-franchisee

First written in FY2016. 10 of 24 entries say "Restated". Latest entry: 2026-06-02.

24entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018RestatedFY2019 – FY2021-Q1AdvancedFY2021-Q3 – FY2023-Q22016: 120162017: 120172018: 220182019: 120192020: 220202021: 420212022: 320222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies
Business model primarily based on being a mega-franchiseeA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2026-H1Updated store compositionAnnual report

    「At the end of the interim period, we had 124 stores in total, down 1 year on year: 90 Yellow Hat stores; 6 TSUTAYA stores, down 2; 8 Up Garage stores; 3 Car Seven stores; 6 Daiso stores; 5 lottery-ticket outlets; 1 Komeda Coffee store; 4 Chateraise stores; and 1 KAITORI DAIKICHI store, up 1.」

    In the business model combining multiple franchise formats, KAITORI DAIKICHI added 1 store, while TSUTAYA declined to 6 stores, bringing the total to 124.
  2. FY2025ReframedAnnual report

    「As of 31 March 2025, we had 124 stores in operation. Our principal business is Yellow Hat, with 90 stores, but we have also entered into franchise agreements for various businesses other than Yellow Hat and aim to become a “mega-franchisee.”」

    Although the total number of stores fell from 125 in the previous interim period to 124, the business model has broadened its mix of franchise formats, including KAITORI DAIKICHI.
  3. FY2025-H1AdvancedAnnual report

    「At the end of the interim period, we had 125 stores in total, up 2 year on year: 90 Yellow Hat stores; 8 TSUTAYA stores; 8 Up Garage stores; 3 Car Seven stores; 6 Daiso stores; 5 lottery-ticket outlets; 1 Komeda Coffee store; and 4 Chateraise stores, up 2 year on year.」

    The number of stores in the multiple-franchise business model reached 125, with Chateraise expanding to 4 stores.
  4. FY2024-Q3RestatedAnnual report

    「At the end of the third quarter, we had 123 stores in total: 90 Yellow Hat stores; 8 TSUTAYA stores, down 1 year on year; 8 Up Garage stores; 3 Car Seven stores; 6 Daiso stores; 5 lottery-ticket outlets; 1 Komeda Coffee store; and 2 Chateraise stores, up 1.」

    Reconfirms the store portfolio combining multiple franchise formats, with 123 stores in total.
  5. FY2024-Q2Updated store compositionAnnual report

    「We held the grand opening of our second Chateraise store, Chateraise Tsukidate, in Kurihara, Miyagi Prefecture, in April 2023, following a pre-opening in March, and closed the TSUTAYA Yamatomachi store in Wakabayashi-ku, Sendai, Miyagi Prefecture, in August 2023. At the end of the second quarter, we had 123 stores in total: 90 Yellow Hat stores; 8 TSUTAYA stores, down 1 year on year; 8 Up Garage stores; 3 Car Seven stores; 6 Daiso stores; 5 lottery-ticket outlets; 1 Komeda Coffee store; and 2 Chateraise stores, up 1.」

    Following the opening of the Chateraise Tsukidate store and the closure of the TSUTAYA Yamatomachi store, the total number of stores fell from 124 to 123 and TSUTAYA stores from 9 to 8, while Chateraise stores reached 2.
  6. FY2024-Q1RestatedAnnual report

    「We held the grand opening of our second Chateraise store, Chateraise Tsukidate, in Kurihara, Miyagi Prefecture, in April 2023; the pre-opening was held in March of the same year. At the end of the first quarter, we had 124 stores in total, up 2 year on year: 90 Yellow Hat stores; 9 TSUTAYA stores; 8 Up Garage stores; 3 Car Seven stores; 6 Daiso stores, up 1; 5 lottery-ticket outlets; 1 Komeda Coffee store; and 2 Chateraise stores, up 1.」

    Reconfirms the portfolio of multiple franchise businesses, including 2 Chateraise stores, and the total scale of 124 stores.
  7. FY2023AdvancedAnnual report

    「As of 31 March 2023, we had 124 stores in operation. Our principal business is Yellow Hat, with 90 stores, but we have also entered into franchise agreements for various businesses other than Yellow Hat and aim to become a “mega-franchisee.”」

    The total number of stores increased from 121 in the previous fiscal year to 124, expanding the multiple-franchise business model, including 2 Chateraise stores.
  8. FY2023-Q3RestatedAnnual report

    「We opened the Chateraise Minami-Sendai store in Taihaku-ku, Sendai, Miyagi Prefecture, in April 2022. In August of the same year, we newly relocated the Yellow Hat Haramachi store in Minamisoma, Fukushima Prefecture, to a newly constructed building across the road and opened a Daiso store on the second floor. At the end of the third quarter, we had 123 stores in total, up 2 year on year: 90 Yellow Hat stores; 9 TSUTAYA stores; 8 Up Garage stores; 3 Car Seven stores; 6 Daiso stores, up 1; 5 lottery-ticket outlets; 1 Komeda Coffee store; and 1 Chateraise store, up 1.」

    Reconfirms the mega-franchisee business model combining multiple franchise formats, with Chateraise, Yellow Hat and Daiso stores and 123 stores in total.
  9. FY2023-Q2AdvancedAnnual report

    「We opened the Chateraise Minami-Sendai store in Taihaku-ku, Sendai, Miyagi Prefecture, in April 2022. In August of the same year, we newly relocated the Yellow Hat Haramachi store in Minamisoma, Fukushima Prefecture, to a newly constructed building across the road and opened a Daiso store on the second floor. At the end of the second quarter, we had 123 stores in total, up 2 year on year: 90 Yellow Hat stores; 9 TSUTAYA stores; 8 Up Garage stores; 3 Car Seven stores; 6 Daiso stores, up 1; 5 lottery-ticket outlets; 1 Komeda Coffee store; and 1 Chateraise store, up 1.」

    The opening of the Chateraise Minami-Sendai store, the newly constructed relocation of the Yellow Hat Haramachi store and the opening of a Daiso store in the same building expanded the multiple-franchise store network to 123 stores in total.
  10. FY2023-Q1AdvancedAnnual report

    「We opened the Chateraise Minami-Sendai store in Taihaku-ku, Sendai, Miyagi Prefecture, in April 2022. At the end of the first quarter, we had 122 stores in total, up 2 year on year: 90 Yellow Hat stores, up 1; 9 TSUTAYA stores; 8 Up Garage stores; 3 Car Seven stores; 5 Daiso stores; 5 lottery-ticket outlets; 1 Komeda Coffee store; and 1 Chateraise store, up 1 year on year.」

    The opening of the Chateraise Minami-Sendai store brought a new franchise format into operation, increasing the total number of stores to 122, up 2 year on year.
  11. FY2022-Q3AdvancedAnnual report

    「Filing company Minamisoma, Fukushima Prefecture, Haramachi-ku Yellow Hat/Daiso Store facilities 380,000 184,279 Internal funds and borrowings April 2022 Undecided」

    A new store facilities plan for a combined Yellow Hat-Daiso store in Minamisoma, Fukushima Prefecture, was finalized, giving concrete form to the expansion plan for the multiple-franchise business model.
  12. FY2022-Q2AdvancedAnnual report

    「We opened the Daiso Tagajo store in Tagajo, Miyagi Prefecture, in June 2021 and the Yellow Hat Kitakami Inter store in Kitakami, Iwate Prefecture, in July of the same year. At the end of the second quarter, we had 121 stores in total, up 4 year on year: 90 Yellow Hat stores, up 2; 9 TSUTAYA stores; 8 Up Garage stores, up 1; 3 Car Seven stores; 5 Daiso stores, up 3; 5 lottery-ticket outlets; and 1 Komeda Coffee store.」

    The number of stores increased from 120 to 121 following new openings by Daiso and Yellow Hat. The franchise model combining multiple businesses was also expanded through the execution of a master franchise agreement with Chateraise.
  13. FY2022-Q1AdvancedAnnual report

    「We opened the Daiso Tagajo store in Tagajo, Miyagi Prefecture, in June 2021. At the end of the first quarter, we had 120 stores in total, up 3 year on year: 89 Yellow Hat stores, up 1; 9 TSUTAYA stores; 8 Up Garage stores, up 1; 3 Car Seven stores; 5 Daiso stores, up 3; 5 lottery-ticket outlets; and 1 Komeda Coffee store.」

    Opened the Daiso Tagajo store, bringing the number of stores in the multiple-franchise operating model to 120, up 3 year on year.
  14. FY2021AdvancedAnnual report

    「As of 31 March 2021, we had 119 stores in operation. Our principal business is Yellow Hat, with 89 stores, but we have also entered into franchise agreements for various businesses other than Yellow Hat and aim to become a “mega-franchisee.”」

    The number of stores in the mega-franchisee model combining multiple franchises increased to 119, including 89 Yellow Hat stores, from 117 in the previous fiscal year.
  15. FY2021-Q3AdvancedAnnual report

    「We closed the Sega World Furukawa store in Osaki, Miyagi Prefecture, in September 2020 and opened the Up Garage Aizu Inter store in Aizuwakamatsu, Fukushima Prefecture, and the Daiso Furukawa Bypass store in Osaki, Miyagi Prefecture, in November of the same year. At the end of the third quarter, we had 118 stores in total, up 1 year on year: 88 Yellow Hat stores; 9 TSUTAYA stores; 8 Up Garage stores, up 1 year on year; 3 Car Seven stores; 3 Daiso stores, up 1 year on year; 1 Jiyu Kukan store; 5 lottery-ticket outlets; and 1 Komeda Coffee store.」

    After closing the Sega World Furukawa store, opened the Up Garage Aizu Inter and Daiso Furukawa Bypass stores, expanding the multiple-franchise store operating model to 118 stores in total.
  16. FY2021-Q1RestatedAnnual report

    「There were no store openings or closures during the first quarter. At the end of the first quarter, we had 117 stores in total: 88 Yellow Hat stores, up 1 year on year; 9 TSUTAYA stores; 7 Up Garage stores, up 1 year on year; 3 Car Seven stores; 2 Daiso stores; 1 Jiyu Kukan store; 5 lottery-ticket outlets; 1 Komeda Coffee store, up 1 year on year; and 1 Sega store.」

    Although there were no store openings or closures, reconfirms the mega-franchisee store portfolio combining multiple franchise businesses, with 117 stores in total.
  17. FY2020-Q3RestatedAnnual report

    「We closed the TSUTAYA Tago store in Miyagino-ku, Sendai, Miyagi Prefecture, in July 2019. In September of the same year, we opened new Yellow Hat Rifu, TSUTAYA Rifu and Komeda Coffee Rifu stores in Rifu, Miyagi District, Miyagi Prefecture. At the end of the third quarter, we had 117 stores in total: 88 Yellow Hat stores, up 1 year on year; 9 TSUTAYA stores; 7 Up Garage stores; 3 Car Seven stores; 2 Daiso stores; 1 Jiyu Kukan store; 5 lottery-ticket outlets; 1 Komeda business store, up 1 year on year; and 1 Sega store.」

    Reconfirms its mega-franchisee business model combining multiple franchise businesses, together with a portfolio of 117 stores.
  18. FY2019RestatedAnnual report

    「As of 31 March 2019, we had 115 stores in operation. Our principal business is Yellow Hat, with 87 stores, but we have also entered into franchise agreements for various businesses other than Yellow Hat and aim to become a “mega-franchisee.”」

    Reconfirms its business model of combining multiple franchises, based on 115 stores, including 87 Yellow Hat stores.
  19. FY2019-Q2AdvancedAnnual report

    「At a meeting of the Board of Directors held on 12 October 2018, we resolved to launch a new business, the Komeda business (coffee shops), and entered into a franchise agreement with 株式会社コメダ, located at 3-12-23 Aoi, Higashi-ku, Nagoya, Aichi Prefecture, effective 30 October 2018.」

    Specifically expanding its business model of combining multiple franchises by resolving to launch a new franchise business and entering into an agreement with 株式会社コメダ.
  20. FY2018RestatedAnnual report

    「As of 31 March 2018, we had 114 stores in operation. Our principal business is Yellow Hat, with 86 stores, but we have also entered into franchise agreements for various businesses other than Yellow Hat and aim to become a “mega-franchisee.”」

    Reconfirms its intention to become a mega-franchisee combining multiple franchise businesses, together with a business portfolio of 114 stores.
  21. FY2017RestatedAnnual report

    「As of 31 March 2017, we had 113 stores in operation. Our principal business is Yellow Hat, with 85 stores, but we have also entered into franchise agreements for various businesses other than Yellow Hat and aim to become a “mega-franchisee.”」

    Reconfirms its intention to become a mega-franchisee combining multiple franchise businesses, together with the number of stores at period-end.
  22. FY2016First statedAnnual report

    「Our group is centered on a mega-franchisee model and operates multiple franchise businesses, including Yellow Hat and TSUTAYA.」

    Clearly sets out its basic model of operating through multiple franchise agreements.
Moved together

"Store Network Expansion and Regional Development" moved the same way as this thread, in the same document, in 10 of its 24 moves.

1054442★123456
  1. ★This thread
  2. 1Store Network Expansion and Regional Development10×
  3. 2Up Garage Store Renovations, Expanded Purchase Operations and New Store Stabilization5×
  4. 3Declining profitability of rental and book sales4×
  5. 4Launch of the Chateraise business4×
  6. 5Risks from Interest Rate Fluctuations, Liquidity and Financing Costs4×
  7. 6Securing Gross Profit and Sales Opportunities through Business-Specific Measures2×

★ 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
Hotman's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-06-02: "Restated".
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