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Three F (7544) · InitiativeRestated

Product Assortment Measures and Special Support Payments for Franchisees During the COVID-19 Pandemic

First written in FY2021-Q1. 6 of 9 entries say "Restated". Latest entry: FY2024-Q2.

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ProgressHeldSoftenedWorseAdvancedFY2021-Q2 – FY2021RestatedFY2022-Q1 – FY2024-Q22020: 220202021: 320212022: 220222023: 22023
Same theme, other companies

3 other companies' latest entry also says "Restated".

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  1. FY2024-Q2RestatedAnnual report

    「We strengthened support for store- and category-specific product assortments in line with growing demand for ready-to-eat meals and advanced the optimization of individual stores. As a result, the increase in individual-store average daily sales exceeded that of the previous year, while franchisee profits also improved despite the environment of rising store operating costs, supported by an improvement in the gross margin.」

    The company continues to expand and strengthen support for franchisees’ product assortments by individual store and category, leading to improvements in average daily sales per store and franchisee profits.
  2. FY2024-Q1RestatedAnnual report

    「We strengthened support for store- and category-specific product assortments in line with growing demand for ready-to-eat meals and advanced the optimization of individual stores. As a result, the increase in individual-store average daily sales exceeded that of the previous year, while franchisee profits also improved despite the environment of rising store operating costs, supported by an improvement in the gross margin.」

    The company continues efforts to strengthen support for franchisees’ product assortments by individual store and category, thereby improving average daily sales per store and franchisee profits.
  3. FY2023-Q1RestatedAnnual report

    「In terms of operations, in addition to the various initiatives promoted by Lawson, Inc., we provided expense support to franchisees to expand the product assortments at each store in response to customer needs, as an initiative of our own to continuously improve individual-store average daily sales and franchisee profits.」

    The company continues its sales strategy tailored to customer usage patterns at individual stores and its financial support for franchisees’ expanded product assortments.
  4. FY2022-Q3RestatedAnnual report

    「In terms of operations, we pursued sales strategies tailored to changes in usage patterns at individual stores and continued providing expense support to franchisees to expand their product assortments.」

    The company continues its sales strategy tailored to customer usage patterns during the pandemic and its support for franchisees’ expanded product assortments.
  5. FY2022-Q2RestatedAnnual report

    「In terms of operations, we pursued sales strategies tailored to changes in usage patterns at individual stores and continued providing expense support to franchisees to expand their product assortments. As a result, the number of stores that improved their average daily sales increased even during the pandemic.」

    The company continues its sales strategy tailored to customer usage patterns during the pandemic and its support for franchisees’ expanded product assortments, and states that the number of stores with improving average daily sales has increased.
  6. FY2022-Q1RestatedAnnual report

    「In terms of operations, we pursued sales strategies tailored to changes in usage patterns at individual stores and continued providing expense support to franchisees to expand their product assortments. As a result, the number of stores that improved their average daily sales increased even during the pandemic.」

    The company continues to adapt product assortments to franchisee customer usage patterns and provide financial support for expanding product assortments.
  7. FY2021AdvancedAnnual report

    「The stronger support for store assortments introduced in November also proved effective. The same-store growth rate turned positive for 4 consecutive months from November, while average daily sales per store, designated as the most important indicator in the medium- to long-term management plan, declined only minimally compared with the industry average, and average franchisee profits exceeded the previous year.」

    As support for franchisees during COVID-19, the company provided special support payments from March and product assortment support from November, and reported positive same-store sales growth for 4 consecutive months and average franchisee profits above the previous year’s level.
  8. FY2021-Q2AdvancedAnnual report

    「As support measures for franchisees, the company focused on adapting product assortments to changes in customer usage patterns caused by COVID-19 and, from March, promptly provided special support payments tailored to the conditions of individual stores to help them continue operating, as expected of them as part of their social mission. Together, these measures helped minimize the decline in average daily sales compared with the industry average.」

    The company states that, by providing special support payments to individual stores from March and adapting product assortments to usage patterns, it minimized the decline in average daily sales compared with the industry average.
  9. FY2021-Q1First statedAnnual report

    「As support measures for franchisees, the company focused on adapting product assortments to changes in customer usage patterns caused by COVID-19 and provided special support payments tailored to the conditions of individual stores to help them continue operating, as expected of them as part of their social mission.」

    The company adapted product assortments to changes in customer usage patterns caused by COVID-19 and provided special support payments to individual stores to help them continue operating.
Moved together

"Differentiation and Uniqueness of Original Products" moved the same way as this thread, in the same document, in 2 of its 9 moves.

2222★1234
  1. ★This thread
  2. 1Differentiation and Uniqueness of Original Products2×
  3. 2Restructuring the Store Network and Conversion to the Lawson Brand2×
  4. 3Closure of Unprofitable Stores and Expense Reduction2×
  5. 4Recording of extraordinary loss associated with the business transformation2×

★ 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.

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Product Assortment Measures and Special Support Payments for Franchisees During the COVID-19 Pandemic | Three F Co.,Ltd. (7544) | Komori