Deterioration in Franchisee Store Operations and Business Performance
First written in FY2016. . Latest entry: FY2026.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Decline in the number of franchisees and franchised storesAnnual report
「As of 31 March 2026, the Group had 90 franchisees and 468 franchised stores」
The number of franchisees decreased from 95 at the end of the previous fiscal year to 90, while the number of franchised stores decreased from 486 to 468. Risks including deterioration in franchisees’ management, an increase in unpaid amounts and withdrawals continue. - FY2026-H1Mid-year update and increase in the number of franchised storesAnnual report
「As a result, at the end of the interim consolidated period, there were 733 stores, comprising 245 company-operated stores and 488 franchise stores, and 368 locations, comprising 100 company-operated locations and 268 franchise locations.」
The number of franchised stores increased from 486 at the end of the previous fiscal year to 488. Regarding risks including deterioration in franchisees’ management and withdrawals, the risk section states that there has been no material change. - FY2025Decline in the number of franchisees and franchised storesAnnual report
「In addition, as of 31 March 2025, the Group had 95 franchisees and 486 franchised stores」
The number of franchisees decreased from 98 at the end of the previous fiscal year to 95, while the number of franchised stores decreased from 503 to 486. Risks including deterioration in franchisees’ management, an increase in unpaid amounts and withdrawals continue. - FY2025-H1Decline in the number of franchised storesAnnual report
「As a result, at the end of the interim consolidated period, there were 742 stores, comprising 248 company-operated stores and 494 franchise stores, and 372 locations, comprising 103 company-operated locations and 269 franchise locations.」
The number of franchised stores decreased from 503 at the end of the previous fiscal year to 494. The company states that there has been no material change in the risks themselves, including deterioration in franchisees’ management and withdrawals. - FY2024Update and increase in the number of franchised storesAnnual report
「In addition, as of 31 March 2024, the Group had 98 franchisees and 503 franchised stores」
The number of franchisees was unchanged at 98 from the end of the previous fiscal year, while the number of franchised stores increased from 490 to 503. Risks including deterioration in franchisees’ management, an increase in unpaid amounts and withdrawals continue. - FY2024-Q1Update and increase in the number of franchised storesAnnual report
「As a result, at the end of the first quarter, there were 772 stores, comprising 280 company-operated stores and 492 franchise stores, and 384 locations, comprising 111 company-operated locations and 273 franchise locations (*).」
The number of franchised stores increased from 490 at the end of the previous fiscal year to 492. The company states that there has been no material change in the risks themselves, including deterioration in franchisees’ management and withdrawals. - FY2023Decline in the number of franchisees and franchised storesAnnual report
「In addition, as of 31 March 2023, the Group had 101 franchisees and 490 franchised stores」
The number of franchisees decreased from 102 to 101, while the number of franchised stores decreased from 493 to 490. Risks including deterioration in franchisees’ management, an increase in unpaid amounts and withdrawals continue. - FY2022Update to the number of franchisees and franchised storesAnnual report
「As of 31 March 2022, the Group had 102 franchisees and 493 franchised stores.」
The number of franchisees increased from 98 in the previous disclosure to 102, while the number of franchised stores increased from 478 to 493. Risks including deterioration in franchisees’ management, an increase in unpaid amounts and brand withdrawals continue. - FY2020Update to the number of franchisees and franchised storesAnnual report
「In addition, as of 31 March 2020, the Group had 98 franchisees and 478 franchised stores」
The number of franchisees declined from 105 to 98, while the number of franchised stores increased from 468 to 478. Risks including deterioration in franchisees’ management, an increase in unpaid amounts and brand withdrawals continue. - FY2019Update to the number of franchisees and franchised storesAnnual report
「As of 31 March 2019, the Group had 105 franchisees and 468 franchised stores」
The company disclosed 105 franchisees and 468 franchised stores, down from 111 franchisees and 500 stores at the end of FY2017. Risks including deterioration in franchisees’ management, an increase in unpaid amounts and brand withdrawals continue. - FY2017Update to the number of franchisees and franchised storesAnnual report
「As of 31 March 2017, the Group had 111 franchisees and 500 franchised stores」
The number of franchisees and franchised stores had declined from 118 franchisees and 509 stores in the previous fiscal year, and the company disclosed risks including deterioration in franchisees’ management and withdrawals from the business. - FY2016First statedAnnual report
「As of 31 March 2016, the Group had 118 franchisees and 509 franchised stores」
The company discloses the possibility that damage to franchisees’ reputations, an increase in unpaid amounts and brand withdrawals could affect performance.