Converting Existing Print Shops to “Photo & More”
First written in FY2016. 13 of 34 entries say "Advanced", first in FY2017. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Changes in store compositionAnnual report
「At the end of the consolidated fiscal year, Palette Plaza had 126 franchised stores and 17 company-operated stores, compared with 157 franchised stores and 12 company-operated stores at the end of the previous consolidated fiscal year.」
Palette Plaza's franchise stores decreased from 157 at the end of the previous fiscal year to 126, while its company-operated stores increased from 12 to 17. - FY2026-H1Changes in store compositionAnnual report
「As of the end of the current interim consolidated accounting period, Palette Plaza had 147 franchise stores and 15 company-operated stores (157 franchise stores and 12 company-operated stores at the end of the previous consolidated fiscal year, and 161 franchise stores and 12 company-operated stores at the end of the previous interim consolidated accounting period).」
Palette Plaza's franchise stores decreased from 157 to 147 and its company-operated stores increased from 12 to 15, compared with the end of the previous fiscal year. Compared with the end of the same period of the previous year, franchise stores decreased from 161 to 147. - FY2025-H1Changes in store compositionAnnual report
「Palette Plaza had 161 franchise stores and 12 company-operated stores at the end of the interim period of the current consolidated fiscal year, compared with 172 franchise stores and 14 company-operated stores at the end of the previous consolidated fiscal year and 181 franchise stores and 16 company-operated stores at the end of the previous interim period.」
Palette Plaza's franchise stores decreased from 172 to 161 and its company-operated stores from 14 to 12, compared with the end of the previous fiscal year. Compared with the end of the same period of the previous year, franchise stores decreased from 181 to 161 and company-operated stores from 16 to 12. - FY2024Changes in store compositionAnnual report
「Palette Plaza had 172 franchise stores and 14 company-operated stores at the end of the current consolidated fiscal year, compared with 190 franchise stores and 22 company-operated stores at the end of the previous consolidated fiscal year.」
Compared with the end of the previous fiscal year, Palette Plaza's franchise stores decreased from 190 to 172 and company-operated stores from 22 to 14. - FY2024-Q3Changes in store compositionAnnual report
「Palette Plaza had 177 franchise stores and 16 company-operated stores at the end of the nine months of the current consolidated fiscal year, compared with 190 franchise stores and 22 company-operated stores at the end of the previous consolidated fiscal year and 222 franchise stores and 15 company-operated stores at the end of the nine months of the previous fiscal year.」
Palette Plaza's franchise stores decreased from 181 at the end of the previous quarter to 177, while company-operated stores remained flat at 16. Compared with the end of the same period of the previous year, franchise stores decreased from 222 to 177, while company-operated stores increased from 15 to 16. - FY2024-Q2Changes in store compositionAnnual report
「Palette Plaza had 181 franchise stores and 16 company-operated stores at the end of the six months of the current consolidated fiscal year, compared with 190 franchise stores and 22 company-operated stores at the end of the previous consolidated fiscal year and 225 franchise stores and 13 company-operated stores at the end of the six months of the previous fiscal year.」
Compared with the end of the previous consolidated fiscal year, Palette Plaza's franchise stores decreased from 190 to 181 and company-operated stores from 22 to 16. Compared with the end of the same period of the previous year, franchise stores decreased from 225 to 181, while company-operated stores increased from 13 to 16. - FY2024-Q1Changes in store compositionAnnual report
「Palette Plaza had 182 franchise stores and 20 company-operated stores at the end of the first quarter of the current consolidated fiscal year, compared with 190 franchise stores and 22 company-operated stores at the end of the previous consolidated fiscal year and 234 franchise stores and 10 company-operated stores at the end of the first quarter of the previous fiscal year.」
Compared with the end of the previous fiscal year, Palette Plaza's franchise stores decreased from 190 to 182 and company-operated stores from 22 to 20. Compared with the end of the same period of the previous year, franchise stores decreased from 234 to 182, while company-operated stores increased from 10 to 20. - FY2023Changes in store compositionAnnual report
「Palette Plaza had 190 franchise stores and 22 company-operated stores at the end of the current consolidated fiscal year, compared with 239 franchise stores and 8 company-operated stores at the end of the previous consolidated fiscal year.」
Compared with the end of the previous fiscal year, franchise stores decreased from 239 to 190, while company-operated stores increased from 8 to 22. The store composition continued to change after the franchise conversion had largely run its course. - FY2023-Q3Changes in store compositionAnnual report
「Palette Plaza had 222 franchise stores and 15 company-operated stores at the end of the nine months of the current consolidated fiscal year, compared with 239 franchise stores and 8 company-operated stores at the end of the previous consolidated fiscal year and 250 franchise stores and 9 company-operated stores at the end of the nine months of the previous fiscal year.」
Palette Plaza's franchise stores decreased from 225 at the end of the previous quarter to 222, while company-operated stores increased from 13 to 15. Compared with the end of the same period of the previous year, franchise stores decreased from 250 to 222. - FY2023-Q2Changes in store compositionAnnual report
「Palette Plaza had 225 franchise stores and 13 company-operated stores at the end of the six months of the current consolidated fiscal year, compared with 239 franchise stores and 8 company-operated stores at the end of the previous consolidated fiscal year and 258 franchise stores and 8 company-operated stores at the end of the six months of the previous consolidated fiscal year.」
The number of franchise stores decreased from 239 at the end of the previous fiscal year and 258 at the end of the same period of the previous year to 225, while company-operated stores increased from 8 at both comparison points to 13. - FY2022AdvancedAnnual report
「In the Imaging business, Palette Plaza had 239 franchise stores and 8 company-operated stores at the end of the current consolidated fiscal year, compared with 214 franchise stores and 68 company-operated stores at the end of the previous consolidated fiscal year.」
At the end of the fiscal year, franchise stores increased from 214 at the end of the previous fiscal year to 239, while company-operated stores decreased from 68 to 8. - FY2022-Q3Changes in store compositionAnnual report
「In the Imaging business, Palette Plaza had 250 franchise stores and 9 company-operated stores at the end of the nine months of the current consolidated fiscal year, compared with 214 franchise stores and 68 company-operated stores at the end of the previous consolidated fiscal year.」
Compared with the end of the previous fiscal year, franchise stores increased from 214 to 250 and company-operated stores decreased from 68 to 9. Compared with the end of the previous quarter, franchise stores changed from 258 to 250 and company-operated stores from 8 to 9. - FY2022-Q2AdvancedAnnual report
「In the Imaging business, the conversion of Palette Plaza stores to franchise operations reached a plateau. At the end of the six months of the current consolidated fiscal year, there were 258 franchise stores and 8 company-operated stores, compared with 214 franchise stores and 68 company-operated stores at the end of the previous consolidated fiscal year.」
The number of franchise stores increased from 214 at the end of the previous fiscal year to 258, while the number of company-operated stores declined from 68 to 8. The Company described the store conversion as having reached a plateau. - FY2022-Q1AdvancedAnnual report
「In the Imaging business, we continued to promote the conversion of Palette Plaza stores from company-operated to franchise operations. At the end of the first quarter of the current consolidated fiscal year, there were 258 franchise stores and 13 company-operated stores, with franchise stores accounting for 95% of the total, up from 76% at the end of the previous consolidated fiscal year. This enabled us to make further progress in improving the earnings structure.」
The number of franchise stores increased from 214 at the end of the previous fiscal year to 258, and their share rose from 76% to 95%, while there were 13 company-operated stores. - FY2021AdvancedAnnual report
「In the Print business, we accelerated the shift in business format at the Palette Plaza business from company-operated retail operations to wholesale operations. At the end of the current consolidated fiscal year, there were 214 franchise stores and 68 company-operated stores, with franchise stores accounting for 76% of the total, up from 59% at the end of the previous consolidated fiscal year. This enabled us to make further progress in improving the earnings structure.」
There were 214 franchise stores and 68 company-operated stores, and the franchise-store ratio rose from 59% at the end of the previous fiscal year to 76%. - FY2021-Q3AdvancedAnnual report
「In the Print business, we continued to promote the conversion of stores from company-operated to franchise operations. At the end of the nine months of the current consolidated fiscal year, there were 197 franchise stores and 105 company-operated stores.」
The conversion from company-operated stores to franchise stores continued, resulting in 197 franchise stores and 105 company-operated stores at the end of the nine months. - FY2021-Q2AdvancedAnnual report
「As a result of continuing to focus on converting the operating format of Palette Plaza stores to franchises, there were 184 franchise stores at the end of the six months of the current consolidated fiscal year, compared with 121 stores at the end of the six months of the previous consolidated fiscal year.」
The conversion to franchises continued, and the number of stores increased from 121 at the end of the same period of the previous year to 184. - FY2021-Q1RestatedAnnual report
「In the Print business, we continued to promote the conversion of Palette Plaza stores from company-operated to franchise operations. At the end of the first quarter of the current consolidated fiscal year, there were 185 franchise stores and 126 company-operated stores.」
The conversion from company-operated stores to franchise stores continued. At the end of the first quarter, the store composition was 185 franchise stores and 126 company-operated stores. - FY2020AdvancedAnnual report
「As part of structural reform, the number of stores converted from company-operated to franchise stores, which we had actively promoted, increased by 111 from the end of the previous consolidated fiscal year. Palette Plaza had 186 franchise stores and 129 company-operated stores.」
The conversion from company-operated stores to franchises increased by 111 stores from the end of the previous fiscal year, resulting in 186 franchise stores and 129 company-operated stores. - FY2020-Q3AdvancedAnnual report
「At the end of the nine months of the current consolidated fiscal year, there were 182 franchise stores and 159 company-operated stores. While businesses with different profit margins, namely the retail business at company-operated stores and the wholesale business supplying franchise stores, coexist, operating profit for the nine months of the current consolidated fiscal year diverged significantly from the corresponding period of the previous fiscal year, as planned at the beginning of the fiscal year. This resulted from the increase in franchise stores being treated as one stage in the shift in business format, together with a careful review of the optimal allocation of resources such as personnel and funds and a fundamental review of the cost structure. As a result, performance exceeded plan and remained firm.」
The conversion from company-operated stores to franchise stores progressed, and the store composition at the end of the nine months of the current consolidated fiscal year was disclosed as 182 franchise stores and 159 company-operated stores. Based on the shift in business format, the Company also reviewed resource allocation and the cost structure. - FY2020-Q2AdvancedAnnual report
「In the Print business, as part of structural reform, the conversion of Palette Plaza company-operated stores to franchises reached 121 stores during the six months of the current consolidated fiscal year, enabling further productivity improvements and organizational streamlining.」
The conversion of company-operated stores to franchises expanded from 112 stores at the end of the first quarter to 121 stores, while the Company proceeded with productivity improvements and organizational streamlining. - FY2020-Q1AdvancedAnnual report
「The conversion of Palette Plaza company-operated stores to franchises reached 112 stores during the first quarter of the current consolidated fiscal year. We worked to improve productivity and streamline the organization by shifting from a company-operated retail business to a wholesale business.」
The conversion of company-operated stores to franchises expanded to 112 stores, as the Company proceeded with the shift to a wholesale business and streamlined its organization. - FY2019AdvancedAnnual report
「The conversion of company-operated stores to franchises, which we had actively promoted since the previous consolidated fiscal year, reached 75 stores at the end of the current consolidated fiscal year. Although revenue declined as we shifted our policy from operating company-owned stores to a wholesale business, selling, general and administrative expenses were reduced through business-structure reform.」
The conversion of company-operated stores to franchises progressed from 64 stores at the end of the previous fiscal year to 75 stores at the end of the current fiscal year, with the operating model shift and cost reductions reported. - FY2019-Q2RestatedAnnual report
「We continued to focus on converting company-operated stores to franchises.」
The Company continues to promote the conversion of company-operated stores to franchises. - FY2019-Q1RestatedAnnual report
「We will continue to focus on converting company-operated stores to franchises.」
The Company reiterated its policy of continuing to promote the conversion of company-operated stores to franchises. - FY2018AdvancedAnnual report
「The conversion of company-operated stores to franchises, which we had actively promoted since the previous fiscal year, reached 64 stores at the end of the current fiscal year. Although revenue declined as we shifted our policy from operating company-owned stores to a wholesale business, selling, general and administrative expenses were significantly reduced through business-structure reform.」
The conversion of company-operated stores, including Photo & More stores, to franchises progressed to 64 stores at the end of the current fiscal year, with the operating model shift and cost reductions reported as results. - FY2018-Q3RestatedAnnual report
「In addition, the Group continued developing new products and services, providing ongoing management support to owners who joined the franchise network during the fourth quarter of the previous fiscal year, and preparing for this fiscal year's franchise rollout as scheduled.」
The Company has continued supporting franchise owners and preparing to expand the franchise business during the current fiscal year. - FY2018-Q2RestatedAnnual report
「We continued providing management support to owners who joined the franchise network in the previous fourth quarter and proceeded with preparations for expanding the franchise business during the current fiscal year.」
The Company has continued supporting franchise owners and proceeded with preparations for expanding the franchise business during the current fiscal year. - FY2018-Q1RestatedAnnual report
「In addition to providing management support to owners who joined the franchise network in the fourth quarter of the previous fiscal year, the Group will continue developing new products and services, including portrait photography services and panel printing.」
Management support for franchise owners has continued. - FY2017AdvancedAnnual report
「As part of efforts to strengthen the operating capabilities of Photo & More stores, we began transitioning company-operated stores to a franchise model in February this year.」
The conversion of Photo & More company-operated stores to the franchise model has entered the implementation phase. - FY2017-Q3RestatedAnnual report
「During the nine months of the current consolidated fiscal year, we continued to focus on converting print shops into Photo & More stores and opening carrier shops at mobile stores, as we had in the previous fiscal year.」
The conversion to Photo & More stores has continued from the previous fiscal year. - FY2017-Q2RestatedAnnual report
「We continued to focus on converting print shops into Photo & More stores and opening carrier shops at mobile stores, as we had in the previous fiscal year.」
The conversion to Photo & More stores has continued from the previous fiscal year. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, we continued to focus on converting print shops into Photo & More stores and opening carrier shops at mobile stores, as we had in the previous fiscal year.」
The Company stated that it continued to focus on converting stores into Photo & More stores from the previous fiscal year. - FY2016First statedAnnual report
「For the core photo-printing services, we adopted the concept and slogan of creating a new type of store and worked to convert all existing stores into Photo & More stores as soon as possible, while actively pursuing renovations and conducting verification.」
The full-store renovation program has been positioned as a measure to restore growth in the core business.