Improving profitability and operating efficiency by revising the contractual terms of existing licensed territories
First written in FY2017. 8 of 12 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022AdvancedAnnual report
「As a result, I&P RUNWAY JAPAN was excluded from the scope of consolidation, and I&P RUNWAY became a wholly owned subsidiary of our company.」
In the Japanese business of PANDA EXPRESS, the joint venture was dissolved, and the US-based I&P RUNWAY became a wholly owned subsidiary. The review of the operating model for the overseas business is nearing completion. - FY2020AdvancedAnnual report
「In addition, during the current consolidated fiscal year, 12 stores changed from direct operation to licensing.」
At domestic stores, 12 stores changed from direct operation to licensing, and as of the end of March 2020, 22 domestic IPPUDO-format stores were operated under a licensing model. - FY2020-Q3AdvancedAnnual report
「(Note) The 2 domestic IPPUDO stores changed from a directly operated store model to a licensing model.」
The operating model of 2 domestic IPPUDO stores changed from direct operation to licensing. - FY2020-Q2AdvancedAnnual report
「(Note) The 2 domestic IPPUDO stores changed from a directly operated store model to a licensing model.」
The operating model of 2 domestic IPPUDO stores changed from directly operated stores to licensed stores. - FY2019RestatedAnnual report
「During the current consolidated fiscal year, we changed the Taiwan business from a licensing model to direct operation and worked to strengthen management and improve productivity.」
The transition of the Taiwan business from a licensing model to direct operation has been reconfirmed as an initiative implemented during the fiscal year. - FY2019-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD., our consolidated subsidiary, acquired all shares of Taiwan Ippudo Co., Ltd., and the company became a consolidated subsidiary.」
The acquisition of all shares of the Taiwan IPPUDO business and its conversion into a subsidiary, followed by the transition from a licensing model to directly operated stores, has been confirmed again. - FY2019-Q2AdvancedAnnual report
「At meetings of the Board of Directors held on 9 August 2018 and 14 September 2018, our company resolved to acquire all shares of the local entity Kanpai Ramen Co., Ltd., held by the Taiwanese corporation Kanpai Co., Ltd., through our subsidiary CHIKARANOMOTO GLOBAL HOLDINGS PTE. LTD., and make it a consolidated subsidiary. We entered into a share transfer agreement dated 14 September 2018 and acquired the shares on 3 October 2018.」
In response to the partner's intention to withdraw from the Taiwan IPPUDO business, we acquired all shares of the target company and completed its conversion into a subsidiary on 3 October. - FY2019-Q1AdvancedAnnual report
「As a result, CGHD acquired all shares of Taiwan Ippudo and made it a subsidiary. As part of the capital and business alliance, CGHD also sold 1,000,000 of the 1,486,000 shares of Kanpai it held as cross-shareholdings, with the aim of improving operating efficiency.」
Regarding the licensee in Taiwan, a basic agreement was reached to acquire all shares of the company and change the IPPUDO business in Taiwan to direct operation. The acquisition was scheduled for 28 September 2018, and the share sale for September of the same year. - FY2018-Q3RestatedAnnual report
「In addition, in China and Hong Kong, we changed the operating model from joint ventures with partner companies to licensing and entered into licensing agreements on new terms. In Malaysia, we also changed from operation through a joint venture to a new licensing arrangement with a new partner, while making the Indonesian entity a subsidiary and changing the business to direct operation.」
The change in operating models in China, Hong Kong, Malaysia and Indonesia is described in the same terms as in the previous quarter. - FY2018-Q2AdvancedAnnual report
「In China and Hong Kong, we changed the operating model from joint ventures with partner companies to licensing and entered into licensing agreements on new terms. In Malaysia, we also changed from operation through a joint venture to a new licensing arrangement with a new partner, while making the Indonesian entity a subsidiary and changing the business to direct operation.」
The transition to licensing in China, Hong Kong and Malaysia, and the acquisition of the Indonesian entity as a subsidiary and transition to direct operation, are described as having reached the implementation stage. - FY2018-Q1AdvancedAnnual report
「In China and Hong Kong, we changed the operating model from joint ventures with partner companies to licensing agreements and entered into licensing agreements on new terms. In Malaysia, we also changed the operating model from operation through a joint venture to a new licensing agreement with a new partner. In Indonesia, we dissolved the joint venture with the partner company and decided to change the business to direct operation by making the Indonesian entity a subsidiary of our company.」
We advanced a specific restructuring of the operating model, changing from joint ventures to licensing agreements in China, Hong Kong and Malaysia, and dissolving the joint venture in Indonesia and moving to direct operation. - FY2017First statedAnnual report
「In existing licensed territories, we will negotiate revisions to the contractual terms and work to improve profitability and operating efficiency.」
Improving profitability and efficiency through negotiations on the terms of licensing agreements has been identified as a strategic initiative.