Growth disparities in the restaurant, izakaya and karaoke markets
First written in FY2017. . Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025Additional disclosure on recovery in the izakaya and karaoke marketsAnnual report
「The izakaya market had recorded sales below the previous year's level for 13 consecutive years since fiscal 2009, and average spending per customer had also declined. On the other hand, sales have exceeded the previous year's level for 3 consecutive years since 2022.」
The company noted the izakaya market's long-term contraction, while stating that sales had exceeded the previous year's level for 3 consecutive years since 2022. The karaoke market also grew for the second consecutive year in fiscal 2023, recovering to nearly 80% of its pre-COVID level. - FY202011 consecutive years of declining izakaya sales, with a difficult outlook for the karaoke marketAnnual report
「The izakaya market has recorded sales below the previous year's level for 11 consecutive years since fiscal 2009, and average spending per customer has also declined.」
The company analyzed the izakaya market's sales shortfall as having extended from 9 consecutive years to 11, while the karaoke business remained difficult due to smaller group sizes and lower demand for food and beverages. - FY2018Widening market disparity and 9 consecutive years of declining izakaya salesAnnual report
「The izakaya market has recorded sales below the previous year's level for 9 consecutive years since fiscal 2009, and average spending per customer has also declined.」
The company stated that the restaurant market had grown for 6 consecutive years, while the izakaya market had recorded declining sales for 9 consecutive years and the karaoke market's participant population had begun to decline in 2016. - FY2017First statedAnnual report
「The izakaya market has recorded sales below the previous year's level for 8 consecutive years, and average spending per customer has also declined.」
The company stated its market view by format: it analyzed growth in the restaurant market, while sales in the izakaya market had fallen below the previous year's level for 8 consecutive years and the karaoke market had seen a gradual increase in its participant population.