Komori
Up Garage Group (7134) · InitiativeAdvanced

Expansion of the reuse business model (company-owned stores, franchising and e-commerce)

First written in FY2022-Q3. 24 of 29 entries say "Advanced", first in FY2022. Latest entry: 2026-10-13.

29entries
5years
15from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2023-Q2 – 2026-08-202022: 420222023: 420232024: 320242025: 220252026: 162026
Same theme, other companies
Store expansion through multiple reuse business formatsA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

2 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「At company-operated stores, we focused on opening new stores against a backdrop of rising demand for reused products, opening 10 stores during the fiscal year, well above the annual plan for 5 openings.」

    直営店は年間計画5店舗に対して10店舗を出店し、期末の直営・FC・海外を含むブランド別店舗数は281店舗、拠点数は196拠点となった。
  2. FY2026-H1AdvancedAnnual report

    「この結果、リユース業態(直営店舗運営、フランチャイズシステムの運営、ECサイト運営)による収入は4,131百万円(前年同期比11.6%増)となりました。当中間連結会計期間末時点の直営店及びフランチャイズ店の業態別の合計店舗数は、265店舗となり」

    リユース業態の収入が前年同期比11.6%増の4,131百万円となり、店舗数は前期末の255店舗から265店舗、拠点数は179拠点から185拠点へ増加した。
  3. FY2025AdvancedAnnual report

    「当連結会計年度末時点の直営店及びフランチャイズ店の業態別の合計店舗数は、255店舗となり、その内訳は、「アップガレージ」142店舗、「アップガレージ ライダース」84店舗、「アップガレージ ホイールズ」12店舗、「アップガレージ ツールズ」2店舗、「パーツまるごとクルマ&バイク買取団」5店舗、「アップガレージ サイクルズ」9店舗、「アップガレージ カーズ」1店舗となっております。なお、直営店及びフランチャイズ店の拠点数の合計は179拠点となっております。」

    店舗数は前期末の237店舗から255店舗、拠点数は172拠点から179拠点へ増加した。2025年1月にはアップガレージの直営・FC店舗数が250店舗に到達している。
  4. FY2025-H1AdvancedAnnual report

    「この結果、リユース業態(直営店舗運営、フランチャイズシステムの運営、ECサイト運営)による収入は3,702百万円(前年同期比7.2%増)となりました。」「当中間連結会計期間末時点の直営店及びフランチャイズ店の業態別の合計店舗数は、246店舗となり」「なお、直営店及びフランチャイズ店の拠点数の合計は176拠点となっております。」

    リユース業態の収入が前年同期比7.2%増の3,702百万円となり、店舗数は前期末の237店舗から246店舗、拠点数は172拠点から176拠点へ増加した。サイクルズでは中古チャイルドシート及びベビーカーの取扱いも開始した。
  5. FY2024RaisedAnnual report

    「Regarding store openings, we will accelerate the domestic annual opening plan from 15 stores (locations) to 20 stores (locations) from the fiscal year ending March 2027 onward. Overseas, we plan to open 1 new store annually in the United States, while seeking to accelerate the pace of openings by establishing an early cycle of purchasing and selling used products in the United States. For Cycles, we plan to open 5 new stores annually.」

    The domestic opening plan was raised from 15 locations per year to 20 locations per year from the fiscal year ending March 2027 onward. The company also specified plans for 1 US store per year and 5 Cycles stores per year. At the end of the fiscal year, the number of stores by brand was 237 and the number of locations was 172.
  6. FY2024-Q3AdvancedAnnual report

    「As a result, revenue from the reuse business model, comprising company-owned store operations, franchise system operations and EC site operations, amounted to ¥5,693 million, up 9.6% year on year. As of the end of the third-quarter consolidated accounting period, the total number of company-owned and franchised stores by business format was 232, and the total number of locations operated by company-owned and franchised stores was 172.」

    Revenue from the reuse business model increased 9.6% year on year to ¥5,693 million. The number of stores increased from 230 in the previous quarter to 232, while the number of locations rose from 171 to 172.
  7. FY2024-Q2AdvancedAnnual report

    「The new used-bicycle purchase and sales brand Up Garage Cycles and the used custom-car sales brand Up Garage Cars also contributed to the development of new customer segments. As a result, revenue from the reuse business model, comprising company-owned store operations, franchise system operations and EC site operations, amounted to ¥3,454 million, up 7.3% year on year. As of the end of the second-quarter consolidated accounting period, the total number of company-owned and franchised stores by business format was 230, and the total number of locations operated by company-owned and franchised stores was 171.」

    Revenue from the reuse business model increased 7.3% year on year to ¥3,454 million. The number of stores rose from 225 in the previous quarter to 230, and the number of locations reached 171. Cycles and Cars contributed to the development of new customer segments.
  8. FY2024-Q1AdvancedAnnual report

    「As a result, revenue from the reuse business model, comprising company-owned store operations, franchise system operations and EC site operations, amounted to ¥1,754 million, up 11.2% year on year. As of the end of the first-quarter consolidated accounting period, the total number of company-owned and franchised stores by business format was 225.」

    Revenue from the reuse business model increased 11.2% year on year to ¥1,754 million, while the number of stores increased from 224 at the end of the previous fiscal year to 225.
  9. FY2023AdvancedAnnual report

    「As a result, revenue from the reuse business model, comprising company-owned store operations, franchise system operations and EC site operations, amounted to ¥6,865 million, up 7.2% year on year. In addition, in March 2023 the company launched Up Garage Cars, a new business format selling used custom cars.」

    Revenue from the reuse business model increased 7.2% year on year, and the store network expanded to 224 stores. Up Garage Cars, a new business format selling used custom cars, was also launched.
  10. FY2023-Q3AdvancedAnnual report

    「As a result, revenue from the reuse business model, comprising company-owned store operations, franchise system operations and EC site operations, amounted to ¥5,195 million, up 7.4% year on year. As of the end of the third-quarter consolidated accounting period, the total number of company-owned and franchised stores by business format was 220, and the total number of locations operated by company-owned and franchised stores was 167.」

    Revenue from the reuse business model increased 7.4% year on year to ¥5,195 million. The number of stores rose from 217 in the previous quarter to 220, while the number of locations reached 167.
  11. FY2023-Q2AdvancedAnnual report

    「As a result, revenue from the reuse business model, comprising company-owned store operations, franchise system operations and EC site operations, amounted to ¥3,219 million, up 5.9% year on year. As of the end of the second-quarter consolidated accounting period, the total number of company-owned and franchised stores by business format was 217, and the total number of locations operated by company-owned and franchised stores was 165.」

    Revenue from the reuse business model increased 5.9% year on year to ¥3,219 million, while the number of stores reached 217. In the used-bicycle business, Up Garage Cycles Kitatoda was opened, bringing the number of stores to 2.
  12. FY2023-Q1RestatedAnnual report

    「In addition, inquiries and requests to purchase used bicycles steadily increased for Up Garage Cycles, the new business format launched in March 2022 for the purchase and sale of used bicycles. The format was also used by many women and customers with children, supporting the steady development of new customer segments.」

    The company describes an increase in used-bicycle purchase requests and inquiries, as well as the development of new customer segments comprising women and customers with children. The store network was shown as 214 stores following brand consolidation and restructuring, although the number of store locations was stated to be unchanged.
  13. FY2022AdvancedAnnual report

    「As of the end of the consolidated fiscal year, the total number of company-owned and franchised stores by business format was 242. This comprised 127 Up Garage stores, 60 Up Garage Riders stores, 12 Up Garage Wheels stores, 25 Up Garage Tools stores, 17 Parts Marugoto Kuruma & Bike Kaitai-dan stores and 1 Up Garage Cycles store.」

    The store network increased from 241 to 242 stores, and the new used-bicycle business format, Up Garage Cycles, was launched in March 2022. The combination of company-owned stores, franchises and multiple specialist-store formats is taking shape.
  14. FY2022-Q3First statedAnnual report

    「As a result, revenue from the reuse business model, comprising company-owned store operations, franchise system operations and EC site operations, amounted to ¥4,836 million.」

    The reuse business model, combining company-owned stores, franchises and EC, is the core source of revenue.
Moved together

"Expansion of the franchise network and royalty revenue" moved the same way as this thread, in the same document, in 23 of its 29 moves.

231312121010★123456
  1. ★This thread
  2. 1Expansion of the franchise network and royalty revenue23×
  3. 2Expansion of the franchise network of 東京タイヤ流通センター (Tokyo Tire Distribution Center)13×
  4. 3Strong store and e-commerce sales and growth in same-store sales12×
  5. 4Conversion of the core system to an ASP model and continued investment in e-commerce and ordering systems12×
  6. 5Expansion of business partners and orders through the IT platform10×
  7. 6Recruiting, retaining and developing human resources10×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Up Garage Group's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Other Disclosures of 2026-10-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.