Royalty income risk from declines in and departures of Camrade-affiliated stores
First written in FY2016. 3 of 6 entries say "Mitigated", first in FY2021. Latest entry: FY2024.
The whole theme swung hardest in 2026: 4 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「Number of franchisee stores 143 stores 86 stores — stores 13 stores 242 stores」
The number of franchisee stores increased from 232 in the previous fiscal year to 242, slightly expanding the base for royalty income. - FY2023MitigatedAnnual report
「Number of franchisee stores 143 stores 86 stores — stores 5 stores 232 stores」
The number of franchisee stores increased slightly from 231 in the previous fiscal year to 232. In addition to Kansai and Kanto, 5 franchisee stores in other regions are listed. - FY2022WorsenedAnnual report
「Number of franchisee stores 145 stores 86 stores — stores 231 stores」
The number of franchisee stores decreased from 232 at the end of the previous fiscal year to 231. The base for royalty income generated by カムレード franchisee stores has contracted slightly further. - FY2021MitigatedAnnual report
「Number of franchisee stores 146 stores 86 stores — stores 232 stores」
The number of franchisee stores decreased from 236 at the end of the previous fiscal year to 232, slightly reducing the franchisee-store base supporting royalty income. - FY2017RestatedAnnual report
「If the number of companies joining our カムレード chain decreases due to a contraction in the food-service market as a whole or deteriorating performance among companies actively joining the カムレード chain, or if stores operated by カムレード chain franchisees close, royalty and other income may decline, which could affect our financial condition or results of operations.」
It reiterates the risk of lower royalty income resulting from a decline in the number of franchisee companies or franchisee store closures. - FY2016First statedAnnual report
「If the number of companies joining our カムレード chain decreases due to a contraction in the food-service market as a whole or deteriorating performance among companies actively joining the カムレード chain, or if stores operated by カムレード chain franchisees close, royalty and other income may decline, which could affect our financial condition or results of operations.」
It identifies lower royalty income resulting from a decline in the number of franchisee companies or franchisee store closures as a risk.