Risks from intensifying competition and rising rents and labor costs in overseas foodservice
First written in FY2016. 13 of 31 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-08-14.
No other company in this theme has enough history to compare yet.
- 2026-08-14MitigatedResults
「海外事業では、日本の国内外食事業と商品開発体制などの連携を強化した新業態の開発と出店、短期間で変化する収益環境に応じて戦略的なスクラップアンドビルドを実行し、増収増益となっております。」
海外事業は出店とスクラップアンドビルドを進めながら増収増益となった。 - FY2026WorsenedAnnual report
「In the overseas business, 18 new restaurants were opened and 7 were closed, bringing the number of restaurants to 81 at the end of the fiscal year. Revenue increased to ¥11,503 million (105.8% of the previous fiscal year's level), while segment profit declined to ¥56 million (40.9% of the previous fiscal year's level).」
The overseas business increased revenue by expanding its store network, but segment profit fell to 40.9% of the previous fiscal year’s level, reflecting the challenging competitive and cost environment in earnings. - 2026-05-13WorsenedResults
「売上高は11,503百万円（前期比105.8％）、セグメント利益は56百万円（前期比40.9％）の増収減益となりました。」
海外事業は増収ながら利益が大きく減少し、収益環境の悪化が実績に表れている。 - FY2024-Q3MitigatedAnnual report
「Revenue from the overseas restaurant business was ¥5,453 million, up 135.7% year on year, while the segment loss was ¥23 million, compared with a loss of ¥697 million in the same period of the previous year.」
Revenue from the overseas restaurant business increased 135.7% year on year, and the segment loss narrowed substantially from ¥697 million to ¥23 million. The business nevertheless remains loss-making. - FY2024-Q2MitigatedAnnual report
「In the overseas restaurant business, 3 new restaurants were opened and 2 were closed, bringing the number of restaurants to 51 at the end of the quarter. Revenue and profit increased as the impact of COVID-19 subsided. As a result, revenue from the overseas restaurant business was ¥3,545 million (153.1% year on year), and the segment posted a profit of ¥10 million (versus a loss of ¥617 million in the same period of the previous year).」
The overseas restaurant business swung from a loss in the same period of the previous year to a profit of ¥10 million, while revenue reached 153.1% of the year-earlier level. This indicates an improvement in performance despite the difficult earnings environment overseas, including the impact of infectious diseases. - FY2024-Q1MitigatedAnnual report
「In the overseas restaurant business, 1 new restaurant was opened, bringing the number of restaurants to 51 at the end of the quarter. Revenue and profit increased as the impact of COVID-19 subsided. As a result, revenue from the overseas restaurant business was ¥1,642 million (191.0% year on year), and the segment posted a profit of ¥19 million (versus a loss of ¥383 million in the same period of the previous year).」
Against a backdrop of the pandemic’s subsiding impact, revenue from the overseas foodservice business reached 191.0% of the prior-year period, and the segment result shifted from a loss to a profit of ¥19 million. An improvement in performance in response to the difficult overseas profitability environment is evident. - FY2023-Q3WorsenedAnnual report
「In the overseas restaurant business, 6 new restaurants were opened and 9 were closed, bringing the number of restaurants to 47 at the end of the quarter. Revenue increased but profit declined due to the spread of COVID-19. As a result, revenue from the overseas restaurant business was ¥4,018 million (108.8% year on year), and the segment loss was ¥697 million (versus a loss of ¥14 million in the same period of the previous year).」
Although overseas foodservice continued to rationalize its store portfolio, the segment loss widened from ¥14 million to ¥697 million due to the spread of the pandemic. The earnings impact of profitability risks in overseas foodservice, including the competitive and cost environment, is evident. - FY2023-Q2WorsenedAnnual report
「In the overseas restaurant business, 4 new restaurants were opened and 8 were closed, bringing the number of restaurants to 46 at the end of the quarter. Revenue and profit declined due to the spread of COVID-19. As a result, revenue from the overseas restaurant business was ¥2,315 million (97.0% year on year), and the segment loss was ¥617 million (versus a loss of ¥64 million in the same period of the previous year).」
Although the overseas foodservice business continued to rationalize its store portfolio, revenue was 97.0% of the prior-year period due to the spread of COVID-19, and the segment loss widened from ¥64 million to ¥617 million. - FY2023-Q1WorsenedAnnual report
「Overseas operations also remained in an uncertain environment due to an economic slowdown caused by lockdowns in Hong Kong and China under their zero-COVID policies.」
The economic slowdown caused by lockdowns in Hong Kong and China added to the difficult profitability environment for overseas foodservice. Revenue from the overseas foodservice business was 71.2% of the prior-year period and the segment loss was ¥383 million. - FY2022-Q3MitigatedAnnual report
「In the overseas restaurant business, 3 new restaurants were opened and 6 were closed, bringing the number of restaurants to 46 at the end of the third quarter. The impact of COVID-19 has declined due to vaccinations and other factors, resulting in higher revenue and profit. As a result, revenue from the overseas restaurant business was ¥3,693 million (120.6% year on year), and the segment loss was ¥14 million (versus a loss of ¥655 million in the same period of the previous year).」
As the impact of the pandemic declined, revenue from the overseas foodservice business increased and the segment loss narrowed from ¥655 million in the prior-year period to ¥14 million. The business nevertheless remained loss-making. - FY2022-Q2MitigatedAnnual report
「In the overseas restaurant business, 2 new restaurants were opened and 2 were closed, bringing the number of restaurants to 49 at the end of the second quarter. The impact of COVID-19 has declined due to vaccinations and other factors, resulting in higher revenue and profit. As a result, revenue from the overseas restaurant business was ¥2,388 million (116.6% year on year), and the segment loss was ¥64 million (versus a loss of ¥483 million in the same period of the previous year).」
Against a backdrop of the declining impact of the pandemic, overseas foodservice revenue reached 116.6% of the prior-year period, while the segment loss narrowed from ¥483 million to ¥64 million. However, the business remained loss-making. - FY2022-Q1MitigatedAnnual report
「The impact of COVID-19 declined due to vaccinations and other factors, resulting in higher revenue and profit. As a result, revenue from the overseas foodservice business was ¥1,207 million, or 113.3% of the prior-year period, and the segment loss was ¥24 million, compared with a loss of ¥323 million in the prior-year period.」
As the impact of the pandemic declined, revenue from the overseas foodservice business increased and the segment loss narrowed substantially from the prior-year period. The business nevertheless remained loss-making. - FY2021WorsenedAnnual report
「In the overseas foodservice business, the company opened 8 new stores and exited 12 stores, bringing the number of stores to 49 at the end of the fiscal year. Customer traffic at directly operated stores was 64.0% of the prior-year level. Revenue and profit declined due to the impact of COVID-19.」
Although overseas foodservice continued to rationalize its store portfolio, customer traffic at directly operated stores was 64.0% of the prior-year level, and revenue and profit declined due to the impact of the pandemic. - FY2021-Q3WorsenedAnnual report
「In the overseas restaurant business, 5 new restaurants were opened and 10 were closed, bringing the number of restaurants to 48 at the end of the quarter. Customer numbers at directly operated restaurants were 59.3% of the prior-year level. Revenue and profit declined due to the impact of COVID-19. As a result, revenue from the overseas restaurant business was ¥3,062 million (60.3% year on year), and the segment loss was ¥655 million (versus a loss of ¥153 million in the same period of the previous year).」
Overseas foodservice customer traffic fell to 59.3% of the prior-year level and revenue to 60.3% of the prior-year period, while the segment loss widened from ¥153 million in the prior-year period to ¥655 million. The impact of reduced demand due to the pandemic, in addition to the competitive and cost environment, is reflected in the results. - FY2021-Q2WorsenedAnnual report
「In the overseas foodservice business, the company opened 3 new stores and exited 8 stores, bringing the number of stores to 48 at the end of the quarter. Customer traffic was 58.3% of the prior-year level. Revenue and profit declined due to the impact of COVID-19.」
Although the company continued to rationalize its store portfolio, overseas foodservice customer traffic fell to 58.3% of the prior-year level, resulting in lower revenue and profit due to the impact of COVID-19. - FY2021-Q1WorsenedAnnual report
「In the overseas foodservice business, the company opened 1 store and exited 2 stores, bringing the number of stores to 52 at the end of the quarter. Customer traffic at directly operated stores was 57.1% of the prior-year level. Revenue and profit declined due to the impact of COVID-19.」
In overseas foodservice, the company continued to rationalize its store portfolio, but customer traffic at directly operated stores fell to 57.1% of the prior-year level, resulting in lower revenue and profit due to the impact of COVID-19. - FY2020WorsenedAnnual report
「Although the Japanese food market is expanding in the overseas foodservice business, competition is intensifying as customer needs become more segmented. In addition, political factors such as demonstrations, together with the expanding impact of COVID-19, could continue to cause unexpected situations in which stores are unable to operate.」
In addition to intensifying competition and rising property-related and labor costs, the company explicitly identified the risk of operating suspensions due to political factors and COVID-19. - FY2020-Q3WorsenedAnnual report
「In the overseas restaurant business, 6 new stores were opened and 11 stores were closed, bringing the number of stores to 49 at the end of the quarter (56 in the same quarter a year earlier). Same-store sales were 98.6% of the previous year, and same-store customer numbers were 96.8%. Sales and profit declined significantly owing to the consolidation of the Shanghai and Shenzhen operations and the effects of demonstrations, particularly in the Hong Kong area. As a result, sales in the overseas restaurant business were ¥5,079 million (94.7% year on year), and the segment loss was ¥153 million (compared with segment profit of ¥139 million in the same quarter a year earlier).」
In overseas foodservice, same-store customer traffic was 96.8% of the prior-year period, and the business shifted from profit in the prior-year period to a loss of ¥153 million due to the consolidation of the Shanghai and Shenzhen operations, demonstrations in the Hong Kong area and other factors. - FY2020-Q2WorsenedAnnual report
「In the overseas foodservice business, the company opened 3 new stores and exited 7 stores, bringing the number of stores to 50 at the end of the quarter, compared with 62 in the prior-year period. Same-store sales were 101.3% of the prior-year level and same-store customer traffic was 98.7%. Profitability improved, primarily in the Hong Kong area, through the exit of unprofitable stores and other measures, but improvement in the Shanghai and Shenzhen areas remained incomplete. As a result, revenue from the overseas foodservice business was ¥3,470 million, or 100.7% of the prior-year period, and the segment loss was ¥108 million, compared with segment profit of ¥43 million in the prior-year period.」
Same-store sales exceeded the prior-year level, but customer traffic remained below it, and improvement in the Shanghai and Shenzhen areas remained incomplete. The overseas foodservice business shifted from profit of ¥43 million in the prior-year period to a loss of ¥108 million. - FY2020-Q1WorsenedAnnual report
「In the overseas foodservice business, the company exited 6 stores, bringing the number of stores to 48 at the end of the quarter, compared with 63 in the prior-year period. Same-store sales were 102.2% of the prior-year level and same-store customer traffic was 99.4%. Profitability improved, primarily in the Hong Kong area, through the exit of unprofitable stores and other measures, but improvement in the Shanghai and Shenzhen areas remained incomplete. As a result, revenue from the overseas foodservice business was ¥1,914 million, or 113.2% of the prior-year period, and the segment loss was ¥35 million, compared with segment profit of ¥21 million in the prior-year period.」
The Hong Kong area continued to improve, and same-store sales exceeded the prior-year level, but improvement in the Shanghai and Shenzhen areas remained incomplete, and the overseas foodservice business shifted from profit in the prior-year period to a loss of ¥35 million. - FY2019-Q3MitigatedAnnual report
「In the overseas restaurant business, 4 new stores were opened, while 18 stores were closed, bringing the number of stores to 56 at the end of the quarter (76 in the same quarter a year earlier). Same-store sales were 98.5% of the previous year, and same-store customer numbers were 97.0%. The Company is working to improve profitability, particularly in the Hong Kong area, by closing unprofitable stores and taking other measures. As a result, sales in the overseas restaurant business were ¥5,360 million (95.7% year on year), and segment profit was ¥139 million (669.6% year on year).」
Although same-store sales and customer traffic remained below the prior-year levels, the company continued exiting unprofitable stores, and segment profit in the overseas foodservice business increased from ¥20 million in the prior-year period to ¥139 million. - FY2019-Q2MitigatedAnnual report
「Same-store sales were 98.8% of the prior-year level and same-store customer traffic was 98.1%. The company is working to improve profitability, primarily in the Hong Kong area, by exiting unprofitable stores and through other measures. As a result, revenue from the overseas foodservice business was ¥3,446 million, or 93.4% of the prior-year period, and segment profit was ¥43 million, compared with a loss of ¥61 million in the prior-year period.」
Although same-store sales and customer traffic remained below the prior-year levels, the decline narrowed, and the overseas foodservice business shifted from a loss in the prior-year period to a profit by exiting unprofitable stores. - FY2019-Q1MitigatedAnnual report
「Same-store sales were 97.6% of the prior-year level and same-store customer traffic was 97.3%. The company is working to improve profitability by exiting unprofitable stores and through other measures. As a result, revenue from the overseas foodservice business was ¥1,690 million, or 93.0% of the prior-year period, and segment profit was ¥21 million, compared with a loss of ¥41 million in the prior-year period.」
Although same-store sales and customer traffic remained below the prior-year levels, the decline narrowed from the prior-year period, and the overseas foodservice business returned to segment profitability. The company also continued responding by exiting unprofitable stores. - FY2018RestatedAnnual report
「Although the Japanese food market is expanding in the overseas foodservice business, competition is intensifying as customer needs become more segmented. There have also been numerous cases in which the profitability environment deteriorated rapidly due to factors such as weaker customer attraction following the opening of competing stores and rising property-related and labor costs, so the company will pursue strategic portfolio optimization through store openings and closures.」
In overseas foodservice, the company continues to recognize the risks of intensifying competition, weaker customer attraction, and rising property-related and labor costs, and plans to respond through portfolio optimization involving store openings and closures. - FY2018-Q3RestatedAnnual report
「Same-store sales were 91.2% of the prior-year level and same-store customer traffic was 93.2%. The company is working to improve profitability by exiting unprofitable stores and through other measures.」
In overseas foodservice, same-store sales and customer traffic continued to remain below the prior-year levels, while the company pursued profitability improvements in parallel by exiting unprofitable stores. - FY2018-Q2RestatedAnnual report
「Same-store sales were 89.4% of the prior-year level and same-store customer traffic was 91.0%. The company is working to improve profitability by exiting unprofitable stores and through other measures.」
In overseas foodservice, same-store sales and customer traffic continued to remain below the prior-year levels, while the company pursued profitability improvements in parallel by exiting unprofitable stores. - FY2018-Q1RestatedAnnual report
「Same-store sales were 88.0% of the prior-year level and same-store customer traffic was 88.6%. The company is working to improve profitability by exiting unprofitable stores and through other measures.」
In overseas foodservice, the company continued exiting unprofitable stores, but both same-store sales and customer traffic remained below the prior-year levels and the difficult profitability environment continued. - FY2017-Q3RestatedAnnual report
「In the overseas foodservice business, the company opened 7 new stores and exited 18 stores, bringing the number of stores to 86 at the end of the third quarter, compared with 97 in the prior-year period. Same-store sales were 92.4% of the prior-year level and same-store customer traffic was 87.5%.」
In overseas foodservice, the company continued opening stores and exiting unprofitable locations in parallel, but both same-store sales and customer traffic remained below the prior-year levels and the difficult profitability environment continued. - FY2017-Q2RestatedAnnual report
「In the overseas foodservice business, the company opened 6 new stores and exited 12 stores, bringing the number of stores to 91 at the end of the second quarter, compared with 104 in the prior-year period. Same-store sales were 92.5% of the prior-year level and same-store customer traffic was 87.9%.」
In overseas foodservice, same-store sales and customer traffic remained below the prior-year levels, while the company continued opening stores and exiting unprofitable locations in parallel. - FY2017-Q1RestatedAnnual report
「Same-store sales were 94.7% of the prior-year level and same-store customer traffic was 90.2%.」
In overseas foodservice, both same-store sales and customer traffic remained below the prior-year levels, while the company continued working to improve profitability by exiting unprofitable stores. - FY2016First statedAnnual report
「Although the Hong Kong area achieved a substantial improvement in performance, continued weak sales in the Shanghai area and other factors resulted in overseas foodservice same-store sales of 92.3% and same-store customer traffic of 90.1% of the prior-year levels.」
Overseas foodservice recorded declines in sales and customer traffic, with regional performance disparities and a deterioration in the profitability environment reported.