Connecting Inspiring Experiences, Diverse Brands, and Local Buddies through the KANDO Trade-On Strategy
First written in FY2022. 7 of 10 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026SoftenedAnnual report
「⑪ Strengthening store-opening capabilities Strengthen the framework for site and format development supporting 2,340 stores」
The company retained the 4 priority themes and 11 initiatives of the KANDO Trade-On Strategy, but revised the number of stores covered by the strengthened store-opening capabilities from the previously stated 2,600 to 2,340. - 2026-05-27AdvancedGeneral Meetings of Shareholders
「前期および今期の2期間においては、特に海外事業の「選択」と「集中」を通じたポートフォリオの再編を推進してまいりました。」
海外事業の選択と集中を、中長期経営計画の実行内容として位置付けている。 - FY2025AdvancedAnnual report
「The Group defines itself as “KANDO Creators” and will make the deliberately Romanized “KANDO Trade-On Strategy” a strategy under its medium- to long-term management plan in order to instill globally, both inside and outside the company, the belief that KANDO is the source of our growth. “② Four priority themes and initiatives to achieve them” “④ Acquiring new business formats through M&A Expand our business formats, with a ¥100 billion M&A budget targeting Europe and North America, Greater China and Southeast Asia” “⑪ Strengthening store-opening capabilities Strengthen the framework for site and format development supporting 2,600 stores”」
The company organized the KANDO Trade-On Strategy into 4 priority themes and 11 initiatives, specifying execution items including a ¥100 billion M&A budget, local buddies and a platform for new store openings. - FY2025-H1AdvancedAnnual report
「In the Marugame Seimen segment, the company is pursuing a marketing strategy that combines a brand strategy to shape the perception needed to remain customers’ choice with a product strategy that creates impulse, thereby enhancing brand value, customer experience (CX) and employee experience (EX) simultaneously in a virtuous cycle.」
As an execution initiative related to the KANDO Trade-On Strategy, the company explicitly set out a marketing strategy combining brand and product strategies to enhance customer and employee experiences simultaneously. - FY2024AdvancedAnnual report
「“Creating and refining memorable experiences” “Developing and retaining human resources” “Creating the settings that generate memorable experiences” “Expand our business formats, with a ¥100 billion M&A budget targeting Europe and North America, Greater China and Southeast Asia” “Strengthen the framework for site and format development supporting 4,900 stores”」
The company broke the KANDO Trade-On Strategy down into 4 priority themes and 11 initiatives, specifying execution items including a ¥100 billion M&A budget, selective concentration on winning business formats, local buddies and a platform for new store openings. - FY2024-Q2Continued discussions on the terms of the joint investment in FulhamAnnual report
「After considering the possibility of developing a business with Fulham Shore together with Capdesia Group Limited, a European local buddy※2 and a private equity fund based in London and Brussels that makes growth investments focused on the restaurant industries in the United Kingdom and Europe (hereinafter, “Capdesia”), the company reached an agreement with Fulham Shore to make it a subsidiary through its UK subsidiary Great Sea Kitchens Limited and began the acquisition procedures under a Scheme of Arrangement pursuant to UK law. The company continues to discuss with Capdesia the terms of Capdesia’s joint investment in Fulham Shore.」
The company stated that it was advancing business development through Capdesia, its European local buddy, and Fulham Shore, while continuing discussions on the terms of Capdesia’s joint investment. - FY2024-Q1AdvancedAnnual report
「The company identified “Expanding the scale and quality of the business portfolio” as one of the priority themes in its “Medium-Term Management Plan for the Fiscal Years Ending March 2023-2028,” formulated in May 2022, and has been exploring M&A opportunities as one means of achieving this goal. “Together with Capdesia, a European local buddy with specialized knowledge and expertise and a private equity fund based in London and Brussels that makes growth investments focused on the restaurant industries in the United Kingdom and Europe, the company will advance Fulham’s business development.”」
As an example of M&A aimed at “expanding the scale and quality of the business portfolio” under the medium-term management plan, the company stated its policy of advancing the businesses of Capdesia, its European local buddy, and Fulham. - FY2023-Q3AdvancedAnnual report
「Outside Japan, in addition to actively opening restaurants, mainly in Asia, Europe and North America, we pursued rebranding with a view to global expansion and identified new business partners (Local Buddies (Note 1)).」
As initiatives related to the KANDO Trade-On Strategy, the company advanced store openings, rebranding and the development of local buddies in Asia, Europe and North America. - FY2023-Q2AdvancedAnnual report
「Outside Japan, in addition to actively opening restaurants, mainly in Asia, we began rebranding with a view to global expansion and identifying new business partners (Local Buddies (Note 1)).」
In connection with the KANDO Trade-On Strategy, the company began opening stores in Asia, rebranding with a view to global expansion and developing local buddies. - FY2022First statedAnnual report
「The Group defines itself as the “Drivers of KANDO Evolution” and will make the deliberately Romanized “KANDO Trade-On Strategy” a strategy under its medium- to long-term management plan in order to instill globally, both inside and outside the company, the belief that KANDO is the source of our growth. “Expand our business formats, with a ¥100 billion M&A budget targeting Europe and North America, Greater China and Southeast Asia” “Strengthen the framework for site and format development supporting 5,500 stores”」
For the first time, the company explicitly set out a new medium- to long-term strategy combining memorable food experiences, diverse brands, local buddies, M&A, selective concentration, brand incubation and global collaboration, together with stronger store-opening capabilities.