Improving operating efficiency by franchising company-operated stores
First written in FY2017-Q3. 5 of 24 entries say "Advanced", first in FY2017. Latest entry: FY2026.
17 other companies' latest entry also says "Other".
- FY2026Reduced portfolio size due to a decline in the number of franchise storesAnnual report
「The number of “Genpin” franchise restaurants at the end of the consolidated fiscal year decreased by 3 to 21.」
The number of franchise stores decreased by 3 from the previous fiscal year to 21, and the company continues to review and reduce the size of its company-owned and franchise store portfolio. - FY2026-H1Reduction in the store portfolio due to closures of franchise stores in ChinaAnnual report
「At the end of the interim consolidated accounting period, the number of franchise restaurants decreased by 2 to 22 because the Ningbo and Shanghai Century Hui restaurants in China were closed.」
As part of its store portfolio review, the number of franchise stores decreased to 22 following the closure of 2 stores in China, reducing the size of the portfolio. - FY2025Store portfolio review through closures and franchise transfersAnnual report
「At the end of the consolidated fiscal year, the number of company-owned Genpin stores decreased by 1 to 41 due to the closure of 1 store and the conversion of 1 store to franchise status.」
The number of company-owned stores decreased to 41 due to a closure and a conversion to franchise status, while the number of franchise stores was 24, and the company continues to review its store portfolio. - FY2025-H1Closures and franchise transfers occurring concurrentlyAnnual report
「At the end of the interim consolidated accounting period, the number of company-owned stores was 42 following the closure of 1 store. In addition, 1 store was transferred from company-owned to franchise status in October 2024 due to a format conversion.」
The company-owned store count fell to 42 following the closure of 1 store, while 1 store was scheduled to be and was transferred from company-owned to franchise status in October 2024, indicating continued review of the store portfolio. - FY2024Reduction in the company-owned and franchise store networks, including closuresAnnual report
「At the end of the consolidated fiscal year, the number of company-owned Genpin stores was 43, reflecting the transfer of 1 franchise store to company-owned status, the conversion of 2 stores to franchise status and the closure of 1 store in March 2024. The number of franchise stores was 24, reflecting the conversion of 1 store to company-owned status, the transfer of 2 stores from company-owned status, the closure of 1 store in March 2024 and the opening of 1 new store in China」
In addition to mutual transfers between company-owned and franchise stores, closures occurred in both categories in March 2024, resulting in 43 company-owned stores and 24 franchise stores. - FY2024-Q3Mutual transfers between company-owned and franchise stores and an increase in franchise storesAnnual report
「At the end of the cumulative third-quarter accounting period, the number of company-owned stores had decreased by 2 from the end of the previous fiscal year to 44, reflecting the transfer of 1 franchise store to company-owned status and the conversion of 2 stores to franchise status」
The transfer of 1 store from franchise to company-owned status and the conversion of 2 stores from company-owned to franchise status occurred simultaneously, indicating a mutual review of the store portfolio. - FY2024-Q2Concurrent conversion to company-owned and franchise statusAnnual report
「At the end of the cumulative second-quarter accounting period, the number of company-owned stores increased by 1 from the end of the previous fiscal year to 46 due to the conversion of a franchise store to company-owned status, while sales at company-owned stores were ¥1,387 million, up 57.8% year on year. In addition, 2 stores were converted from company-owned to franchise status in October.」
Although 1 store was converted from franchise to company-owned status by the end of the period, 2 stores were converted from company-owned to franchise status in October, indicating that the company is reviewing its store portfolio in both directions. - FY2024-Q1Decline in franchise stores due to conversion to company-owned statusAnnual report
「At the end of the cumulative first-quarter accounting period, the number of franchise stores had decreased by 1 to 22 due to the conversion of a store to company-owned status」
The number of franchise stores decreased by 1 to 22 due to the conversion of a store to company-owned status. The company continues to review and reduce the composition of its franchise store network. - FY2023Reduction in the franchise store portfolio through closures and conversion to company-owned statusAnnual report
「As of the end of the fiscal year, the number of Genpin franchise stores was 22, following the closure of 2 stores, the reduction of 1 store through conversion to company-operated status, and the opening of a new store in Ningbo, China.」
Although a store was opened in Ningbo, China, the number of franchise stores decreased to 22 following the closure of 2 stores and the conversion of 1 store to company-owned status. - FY2023-Q1Temporary closure in preparation for relocationAnnual report
「At the end of the cumulative first-quarter accounting period, the number of franchise stores was 23 following the closure of 1 store in preparation for relocation」
One franchise store was closed in preparation for relocation, bringing the franchise store count to 23. - FY2022-Q3Further decline in the number of franchise storesAnnual report
「At the end of the cumulative third-quarter accounting period, the number of franchise stores had decreased by 2 from the end of the previous fiscal year to 24」
The number of franchise stores declined further from 26 at the end of the previous fiscal year to 24, and the company continues to reduce its store portfolio through closures, transfers to company-owned status and other measures. - FY2021Further decline in the number of franchise storesAnnual report
「The number of Genpin franchise stores was 26, down 4 from the end of the previous fiscal year, due to the transfer of 1 store to company-owned status and the closure of 3 stores.」
The number of franchise stores decreased to 26 following the transfer of 1 store to company-owned status and the closure of 3 stores, and the company continued to review its store portfolio. - FY2021-Q2Further decline in the number of franchise stores and portfolio reviewAnnual report
「At the end of the cumulative second-quarter accounting period, the number of franchise stores was 27 following the closure of 2 stores and the transfer of 1 store to company-owned status」
The number of franchise stores decreased to 27 following the closure of 2 stores and the transfer of 1 store to company-owned status, and the company continues to review its store portfolio. - FY2020AdvancedAnnual report
「On the last day of the period, agreements for 10 stores operated by major franchisees were changed, including the transfer of 2 stores to company-owned status and the change in agreements for 12 stores, including the aforementioned 10 stores, from Genpin franchise agreements」
The company changed agreements for 10 stores from franchise agreements and carried out transfers involving 12 stores, including transfers to company-owned status, advancing its review of the store portfolio. - FY2020-Q3RestatedAnnual report
「At the end of the cumulative third-quarter period, the number of franchise stores decreased by 4 from the end of the previous fiscal year to 39, due to the transfer of 2 stores to company-owned status and the change in the agreements for 2 stores from Genpin-brand franchise agreements to agreements covering ingredients supply only.」
Following the transfer of franchise stores to company-owned status and the change to ingredients-supply-only agreements, the number of franchise stores has remained at 39. - FY2020-Q1Change from a franchise agreement to an ingredients-supply agreementAnnual report
「At the end of the first quarter of the current consolidated fiscal period, the number of franchise stores was 39, down 4 from the end of the previous period, due to the transfer of 2 stores to directly operated stores and the conversion of 2 stores from Genpin brand franchise agreements to agreements covering ingredient supply only,」
As part of its store portfolio review, the company transferred 2 stores to company-owned status and changed the agreements for 2 stores from Genpin-brand franchise agreements to agreements covering ingredients supply only. - FY2019-Q3Decline in store count due to franchise transfers and closuresAnnual report
「The number of franchise stores decreased by 2 from the end of the previous fiscal year to 43 due to transfers to company-owned stores and closures」
The number of franchise stores declined due to transfers to company-owned stores and closures, and the company continues to review its store portfolio. - FY2019-Q2AdvancedAnnual report
「At the end of the second quarter, the number of company-owned Genpin stores was 46, up 4 from the end of the same period of the previous year, as Genpin Zenkōji-guchi was transferred from a franchise store to a company-owned store」
Genpin Zenkōji-guchi was transferred from a franchise store to a company-owned store, increasing the number of company-owned stores by 4 from the end of the same period of the previous year to 46. The company is continuing to review its store portfolio. - FY2019-Q1AdvancedAnnual report
「At the end of the cumulative first-quarter period, the number of franchise stores decreased by 5 from the end of the same period of the previous year to 44, down 1 from the end of the previous fiscal year, due to transfers to company-owned stores and closures」
The number of franchise stores decreased by 5 from the end of the same period of the previous year and by 1 from the end of the previous fiscal year due to transfers to company-owned stores and closures. The company is continuing to review its store portfolio, including conversions to company-owned stores. - FY2018-Q3Conversion of franchise stores to company-owned storesAnnual report
「As a result, at the end of the cumulative third-quarter period, the number of company-owned Genpin Fugu and other stores, including the fugu and crab formats, was 46, up 2 from the end of the previous fiscal year, partly due to the conversion of franchise stores to company-owned stores. Meanwhile, although franchise stores were opened during the period, the number of franchise stores at the end of the third quarter was 46, down 2 from the end of the previous fiscal year, mainly because 4 stores were converted to company-owned stores.」
Unlike the previous conversion of company-owned stores to franchise stores, the company reported the conversion of franchise stores, including 4 stores, to company-owned stores. The number of company-owned stores increased by 2 from the end of the previous fiscal year, while the number of franchise stores decreased by 2. - FY2018-Q2AdvancedAnnual report
「During the cumulative second-quarter period, the number of company-owned stores handling tiger pufferfish decreased to 42, down 2 from the end of the previous fiscal year, as the company promoted the conversion of some stores to franchise stores and the closure of low-profitability stores, although」
The company advanced the conversion of some company-owned stores to franchise stores and the closure of low-profitability stores, reducing the number of company-owned stores by 2 from the end of the previous fiscal year to 42. - FY2018-Q1RestatedAnnual report
「The company sought to reduce costs by converting company-owned stores to franchise stores and through other measures, although」
The company continues to reduce costs through the conversion of company-owned stores to franchise stores. - FY2017AdvancedAnnual report
「The number of company-owned Genpin Fugu stores decreased by 1 from the end of the previous fiscal year to 40 stores due to the conversion of company-owned stores to franchise stores」
The company advanced the conversion of company-owned stores to franchise stores as an operating-efficiency measure, reducing the number of company-owned stores by 1 from the end of the previous fiscal year to 40. - FY2017-Q3First statedAnnual report
「Our sales increased by ¥32 million, despite a decline in sales resulting from measures including the conversion of company-owned stores to franchise stores to improve operating efficiency, although」
The company has explicitly stated for the first time its policy and measures to convert company-owned stores to franchise stores in order to improve operating efficiency.