Network Risks from Franchisee Service Quality, Attrition and Illegal Conduct
First written in FY2016. 18 of 19 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 4 of 12 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2020RestatedAnnual report
「If some franchisees provide low-quality services or engage in illegal activities, causing damage to the image of the Group's franchise business as a whole」
The Company continues to disclose the risks of network contraction arising from franchisee service quality issues, illegal activities, migration to other brands and independent business operations. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2019RestatedAnnual report
「If some franchisees provide low-quality services or engage in illegal activities, causing damage to the image of the Group's franchise business as a whole」
The Company continues to disclose the risks of network contraction arising from franchisee service quality issues, illegal activities, migration to other brands and independent business operations. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2018RestatedAnnual report
「If some franchisees provide low-quality services or engage in illegal activities, causing damage to the image of the Group's franchise business as a whole, or if franchise companies collectively seek to pursue independent business operations, among other circumstances」
The Company continues to disclose the risks of network contraction arising from franchisee service quality issues, illegal activities, migration to other brands and independent business operations. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
A comprehensive statement says that there have been no new occurrences or material changes regarding network risks arising from franchisee service quality, franchisee departures or illegal activities. - FY2017RestatedAnnual report
「If some franchisees provide low-quality services or engage in illegal activities, causing damage to the image of the Group's franchise business as a whole, or if franchise companies collectively seek to pursue independent business operations, this may result in a decline or stagnation in the number of franchised outlets, among other effects」
The Company continues to disclose the risks of network contraction arising from franchisee service quality issues, illegal activities, migration to other brands and independent business operations. - FY2016First statedAnnual report
「If some franchisees provide low-quality services or engage in illegal activities, causing damage to the image of the Group's franchise business as a whole」
The Company identifies declining or stagnant franchisee numbers, franchisees moving to other brands, and franchise companies pursuing independent business operations as risks inherent in the franchise model.