Risk of damage to franchise relationships with franchisees and Lawson
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Our group has entered into a corporate franchise agreement with Lawson, Inc. and operates stores under the Lawson Three F brand. The franchise system improves operating performance through a relationship of mutual trust between the parties to the agreement. If that relationship is damaged for reasons attributable to either our group or Lawson, Inc., and the corporate franchise agreement is terminated, this could affect our group's operating results and financial condition.」
It reiterates the risk of damage to the relationship of trust under the corporate franchise agreement with Lawson and termination of the agreement. - FY2019RestatedAnnual report
「Our group has entered into a corporate franchise agreement with Lawson, Inc. and operates stores under the Lawson Three F brand. The franchise system improves operating performance through a relationship of mutual trust between the parties to the agreement. If that relationship is damaged for reasons attributable to either our group or Lawson, Inc., and the corporate franchise agreement is terminated, this could affect our group's operating results and financial condition.」
The risk of damage to the relationship of trust under the corporate franchise agreement with Lawson and termination of the agreement is reiterated. - FY2018RestatedAnnual report
「If the relationship of trust between our group and Lawson, Inc. is damaged for reasons attributable to either party and the corporate franchise agreement is terminated, this could affect our group's operating results and financial condition. In addition, in the convenience store business under the Lawson Three F brand, our group enters into franchise agreements with independent third parties and operates a chain of stores by building ongoing relationships with them.」
In addition to the risk of termination of the corporate franchise agreement with Lawson, it reiterates the potential impact on the brand and operating performance of legal violations, scandals, disputes and litigation involving franchisees. - FY2017First statedAnnual report
「Our group has entered into a corporate franchise agreement with Lawson, Inc. and operates stores under the Lawson Three F brand. The franchise system improves operating performance through a relationship of mutual trust between the parties to the agreement. If that relationship is damaged for reasons attributable to either our group or Lawson, Inc., and the corporate franchise agreement is terminated, this could affect our group's operating results and financial condition.」
In addition to legal violations, scandals and problems involving franchisees, it identifies damage to the relationship of trust with Lawson and termination of the corporate franchise agreement as risks.