Exit from the food-service business
CLIP Corporation (the Company)
Food-service business providing bento delivery, and stores (individual store names and locations not stated)
The business environment remains challenging due to rising raw material prices, labor costs and other expenses, as well as higher store operating costs, and even with profitability improvement measures implemented, it would still take time to secure stable profitability. The Company also judged that allocating management resources preferentially to businesses with high profitability and growth potential would contribute to improving corporate value over the medium to long term.
Expected annual improvement effect of approximately ¥20 million in consolidated operating profit. For reference, the food-service business segment recorded a loss of ¥46 million in the fiscal year ended March 2026.
From the following consolidated fiscal year onward. The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review.
The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review. The Company will promptly announce any revision if one becomes necessary.
Company response
Discontinuation of the food-service business (bento delivery business) and closure of the stores (scheduled for the end of March 2027)
The food-service business will be discontinued at the end of March 2027. For employees, the Company will consider reassignments and other measures within the Company group based on their individual preferences and other factors. The Company plans to take the necessary measures regarding store equipment and other fixed assets in connection with the store closures. It will allocate management resources preferentially to businesses with high profitability and growth potential and work to improve profitability and corporate value.
The Company will promptly announce any revision if one becomes necessary to the earnings forecast for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Event name | Exit from the food-service business |
| Date of occurrence | 10 October 2026 (board resolution date; withdrawal decision date) |
| Subject Entity | CLIP Corporation (the Company) |
| Target Locations / Products | Food-service business providing bento delivery, and stores (individual store names and locations not stated) |
| Cause | The business environment remains challenging due to rising raw material prices, labor costs and other expenses, as well as higher store operating costs, and even with profitability improvement measures implemented, it would still take time to secure stable profitability. The Company also judged that allocating management resources preferentially to businesses with high profitability and growth potential would contribute to improving corporate value over the medium to long term. |
| Amount of Impact on Business Performance | Expected annual improvement effect of approximately ¥20 million in consolidated operating profit. For reference, the food-service business segment recorded a loss of ¥46 million in the fiscal year ended March 2026. |
| Accounting period in which recognized | From the following consolidated fiscal year onward. The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review. |
| Impact on Earnings Forecast | The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review. The Company will promptly announce any revision if one becomes necessary. |
| Suspended operations | Discontinuation of the food-service business (bento delivery business) and closure of the stores (scheduled for the end of March 2027) |
| Outlook | The food-service business will be discontinued at the end of March 2027. For employees, the Company will consider reassignments and other measures within the Company group based on their individual preferences and other factors. The Company plans to take the necessary measures regarding store equipment and other fixed assets in connection with the store closures. It will allocate management resources preferentially to businesses with high profitability and growth potential and work to improve profitability and corporate value. |
| Planned follow-up disclosure | The Company will promptly announce any revision if one becomes necessary to the earnings forecast for the fiscal year ending March 2027. |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Raw material prices, labor costs and store operating costs continue to rise, and even with measures implemented, it would take time to secure stable profitability. The Company therefore judged that allocating management resources preferentially to businesses with high profitability and growth potential, such as its cram-school and sports businesses, would contribute to improving corporate value over the medium to long term.