Non-exclusive Gyomu Super franchise agreements and declining customer traffic due to competition
First written in FY2020. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 12 of 31 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the Group's Gyomu Super and fresh meat businesses, the policy is to improve performance by opening stores based on market trends in each region. However, competition with other companies in the same industry and other factors could affect the Group's performance through a decline in customer traffic and lower sales per customer.」
The company continues to identify competition with other companies in the same industry due to its regional store-opening policy, declining customer traffic and lower average sales per customer as risks for its Gyomu Super and meat businesses. - FY2025RestatedAnnual report
「Based on its policy of putting consumers first and not eliminating the principle of fair competition, the company does not grant the right to operate exclusively and independently in areas where contracted stores are located (territorial rights).」
The company continues to describe the structure under which Gyomu Super franchises do not have territorial rights, allowing competition with other companies' stores to arise. - FY2022RestatedAnnual report
「Based on its policy of putting consumers first and not eliminating the principle of fair competition, the company does not grant the right to operate exclusively and independently in areas where contracted stores are located (territorial rights).」
The company continues to describe the structure under which Gyomu Super franchises do not have territorial rights, allowing competition with other companies' stores to arise. - FY2021RestatedAnnual report
「Gyomu Super primarily operates retail businesses selling food ingredients and other products to general consumers and businesses. Gyomu Super does not grant the right to operate exclusively and independently in areas where contracted stores are located (territorial rights).」
The company continues to describe the structure under which Gyomu Super franchise agreements do not grant territorial rights, allowing competition with other companies' stores to arise. - FY2020First statedAnnual report
「Based on its policy of putting consumers first and not eliminating the principle of competition, competition with other companies' stores may arise in some areas.」
The company identifies as a risk the structure under which Gyomu Super franchise agreements do not grant territorial rights, allowing competition with other companies' stores to arise.