Franchisee Contract Disputes and Brand Damage
First written in FY2020-Q2. 6 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 12 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the massage franchise business, the Group complies with laws and regulations and provides training and operational guidance concerning the services provided under contracts concluded with franchise owners (franchisees). At present, no major litigation or other legal proceedings have arisen.」
The Company provides training and operational guidance to franchisees and states that there are no major legal proceedings, while reiterating the risks of franchisee disputes, litigation and brand damage. - FY2024RestatedAnnual report
「In the massage franchise business, the Group complies with laws and regulations and provides training and operational guidance concerning the services provided under contracts concluded with franchise owners (franchisees). At present, no major litigation or other legal proceedings have arisen.」
The Company provides training and operational guidance to franchisees and states that there are no major legal proceedings, while reiterating the risks of franchisee disputes, litigation and brand damage. - FY2023RestatedAnnual report
「In the massage franchise business, the Group complies with laws and regulations and provides training and operational guidance concerning the services provided under contracts concluded with franchise owners (franchisees). At present, no major litigation or other legal proceedings have arisen.」
The Company provides training and operational guidance to franchisees and states that there are no major legal proceedings, while reiterating the risks of franchisee disputes, litigation and brand damage. - FY2022RestatedAnnual report
「In the massage franchise business, the Group complies with laws and regulations and provides training and operational guidance concerning the services provided under contracts concluded with franchise owners (franchisees). At present, no major litigation or other legal proceedings have arisen.」
The Company provides training and operational guidance to franchisees and states that there are no major legal proceedings, while reiterating the risks of franchisee disputes, litigation and brand damage. - FY2020RestatedAnnual report
「The Company complies with laws and regulations and provides training and operational guidance concerning the services provided under contracts concluded with franchise owners (franchisees). At present, no major litigation or other legal proceedings have arisen.」
The Company provides training and operational guidance to franchisees and states that there are no major legal proceedings, while reiterating the risks of franchisee disputes, litigation and brand damage. - FY2020-Q3RestatedAnnual report
「The Company complies with laws and regulations and provides training and operational guidance concerning the services provided under contracts concluded with franchise owners (franchisees). At present, no major litigation or other legal proceedings have arisen. However, if any problems or other issues arise with franchisees for any reason in the future, the Company’s business results and financial position could be adversely affected by the termination of franchise agreements, litigation and other consequences. In addition, because franchisees operate under brand names owned by the Company, misconduct or other incidents at a franchisee could adversely affect the Company’s brand and, consequently, the Company’s business results and financial position.」
The Company provides training and operational guidance to franchisees and states that there are currently no major legal proceedings, while reiterating the risks of franchisee disputes, contract termination, litigation and brand damage. - FY2020-Q2First statedAnnual report
「However, if any problems or other issues arise with franchisees for any reason in the future, the Company’s business results and financial position could be adversely affected by the termination of franchise agreements, litigation and other consequences. In addition, because franchisees operate under brand names owned by the Company, misconduct or other incidents at a franchisee could adversely affect the Company’s brand and, consequently, the Company’s business results and financial position.」
For the franchise business, which has begun a full-scale rollout, the Company has identified as new risks disputes with franchisees, termination of contracts and litigation, as well as adverse effects on the brand resulting from franchisee misconduct.