Tokyu Hands and Restaurant Franchise Store Development
First written in FY2016. 9 of 26 entries say "Restated". Latest entry: FY2026.
Mie Kotsu Group Holdings moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 4 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the household goods retail business, the Hands franchise business will close the Hands Nagoya store while working to improve profitability at existing stores and develop new stores.」
Regarding Hands' store expansion, states that the Hands Nagoya store is scheduled to close, while also citing profitability improvements at existing stores and new store development. - FY2025AdvancedAnnual report
「At the Hands franchise business, the company will work to strengthen customer acquisition by gaining app members and holding events, improve profitability by reviewing sales-floor layouts, and control costs by improving operating and administrative efficiency.」
Regarding Hands' store expansion, identifies app-member acquisition, events, sales-floor layout reviews and management efficiency improvements as specific measures to increase profitability, rather than new store openings. - FY2025-H1Higher revenue from recovering customer traffic and higher average spending per purchaseAnnual report
「In the household goods retail business, operating revenue increased as customer numbers recovered following initiatives to encourage store visits, including Hands Messe, and as average spending per customer also increased.」
Regarding Hands' store expansion, states that customer numbers and operating revenue recovered through customer-attraction measures such as Hands Messe and higher average spending per purchase, rather than through new store openings. - FY2024-Q2RestatedAnnual report
「In the household goods retail business, operating revenue increased due in part to the opening of the Hands Nagoya Matsuzakaya store in November 2022.」
Reconfirms higher revenue from the earnings contribution of the Hands Nagoya Matsuzakaya store, which has already opened, and does not indicate any additional plans for new store development. - FY2024-Q1RestatedAnnual report
「In the household goods retail business, operating revenue increased due in part to the opening of the Hands Nagoya Matsuzakaya store in November 2022.」
Cites higher revenue in the household goods retail business from the effect of the new store opening, but does not indicate any additional plans for new store development. - FY2023RestatedAnnual report
「At the Hands franchise business, the Toba Seaside Hotel, one of the largest inns in the Ise-Shima area, the Meihan Seki Drive-In, which sells regional specialty products as well as operating a restaurant, and Kakkō Parlook travel products such as bus tours, the company will work on planning and selling high-value-added products.」
Continues to cite the expansion of the Hands franchise business and the planning and sale of high-value-added products as measures to strengthen the competitiveness of the distribution and leisure businesses. - FY2023-Q3AdvancedAnnual report
「In the household goods retail business, the Hands franchise business held Hands Messe and Hands Fes to attract customers, while operating revenue also increased due to the opening of the Hands Nagoya Matsuzakaya store in November 2022 and higher average spending per customer.」
Despite a decline in the number of stores, revenue increased following the November 2022 opening of the Hands Nagoya Matsuzakaya store, in addition to the hosting of Hands Messe and Hands Fes. - FY2023-Q2Higher revenue from events and higher average spending despite a decline in the number of storesAnnual report
「In the household goods retail business, operating revenue increased despite a decline in the number of stores, as the company held events including Hands Messe and Hands Fes to attract customers and benefited from higher average spending per customer.」
While the number of stores declined, the household goods retail business, including Tokyu Hands, posted higher revenue due to events including Hands Messe and higher average spending per customer. - FY2023-Q1Recovery in customer traffic and higher revenueAnnual report
「In the household goods retail business, operating revenue increased due to higher customer traffic as foot traffic recovered, as well as higher average spending per customer.」
The business changed from lower revenue due to store closures and the termination of operations cited in the previous period to higher revenue from increased customer traffic as foot traffic recovered and higher average spending per customer. - FY2022-Q3WorsenedAnnual report
「In the household goods retail business, operating revenue declined because the ANNEX store ceased operations following the closure in October 2021 of the building in which it was located.」
Within the Tokyu Hands franchise store network, the ANNEX store ceased operations following the closure of the building in which it was located, resulting in lower operating revenue. - FY2022-Q2Recovery in operating revenueAnnual report
「In the household goods retail business, operating revenue increased at the Tokyu Hands franchise business because the number of operating days increased from the same period of the previous year, when stores were temporarily closed, and because events including Hands Messe were held.」
States that Tokyu Hands' operating revenue increased due to the rebound from store closures in the same period of the previous year and the hosting of events including Hands Messe. - FY2021-Q1WorsenedAnnual report
「In the household goods retail business, operating revenue declined because the Tokyu Hands franchise business shortened store hours and temporarily closed stores in response to the state of emergency and other measures issued in connection with COVID-19.」
Operating revenue at the Tokyu Hands franchise stores declined due to shortened store hours and temporary closures. - FY2020WorsenedAnnual report
「In the household goods retail business, the Tokyu Hands Nagoya Mozo Wonder City store, newly opened in September 2018, contributed earnings throughout the period, but operating revenue declined as customer traffic fell sharply toward the end of the period due to people staying home amid the spread of COVID-19.」
Cites the earnings contribution from the new store, while also noting lower customer traffic and revenue due to COVID-19. - FY2020-Q3RestatedAnnual report
「In the household goods retail business, operating revenue increased as the Tokyu Hands Nagoya Mozo Wonder City store, newly opened in September 2018, contributed to earnings.」
Reconfirms the earnings contribution from the existing Tokyu Hands Nagoya Mozo Wonder City store and does not indicate any new store development. - FY2020-Q1RestatedAnnual report
「In the household goods retail business, operating revenue increased at the Tokyu Hands franchise business following the opening of the Tokyu Hands Nagoya Mozo Wonder City store in September of the previous year.」
Reconfirms the revenue contribution from the Tokyu Hands Nagoya Mozo Wonder City store, which opened in September of the previous year. No additional milestones for new store development are indicated. - FY2019-Q3RestatedAnnual report
「In the household goods retail business, revenue from the Tokyu Hands franchise business increased following the opening of the Tokyu Hands Nagoya Mozo Wonder City store in September 2018, but operating revenue declined at existing stores due in part to reduced sales-floor space.」
While citing higher revenue from the new store opening, notes that the household goods retail business posted lower revenue due to reduced sales-floor space and other factors at existing stores. - FY2019-Q2AdvancedAnnual report
「In September, opened the Tokyu Hands Nagoya Mozo Wonder City store, its 3rd store in Nagoya, in the household goods retail business.」
In the Tokyu Hands franchise business, opened a new store in September, its 3rd store in Nagoya. The distribution segment posted an operating loss due to the recognition of store-opening costs. - FY2019-Q1RestatedAnnual report
「In the household goods retail business, operating revenue decreased as the number of customers at Tokyu Hands stores operated under franchise agreements declined.」
Continues to cite lower operating revenue due to a decline in the number of Tokyu Hands customers. - FY2018-Q3RestatedAnnual report
「In the household goods retail business, operating revenue decreased as the number of customers at Tokyu Hands stores operated under franchise agreements declined.」
The company reiterates the decline in the number of customers at Tokyu Hands stores and the resulting decrease in operating revenue. - FY2018-Q2RestatedAnnual report
「In the household goods retail business, operating revenue decreased as the number of customers at Tokyu Hands stores operated under franchise agreements declined.」
The company reiterates the situation in which a decline in the number of customers at Tokyu Hands stores operated under franchise agreements led to lower operating revenue. - FY2018-Q1WorsenedAnnual report
「In the household goods retail business, operating revenue decreased as the number of customers at Tokyu Hands stores operated under franchise agreements declined.」
The company states that a decline in the number of customers at Tokyu Hands stores operated under franchise agreements led to lower operating revenue in the household goods retail business. - FY2017-Q3AdvancedAnnual report
「The company worked to improve earnings power across its businesses, including by renovating the Tokyu Hands Nagoya store operated under a franchise agreement.」
The company reports specific progress in the form of the renovation of the Tokyu Hands Nagoya store operated under a franchise agreement. - FY2016First statedAnnual report
「In the distribution segment, the company will strengthen the development of Tokyu Hands and restaurant franchise stores, while diversifying its businesses and working to rebuild its earnings structure.」
The company is using stronger franchise-store development and business diversification to rebuild its earnings structure.