Komori
Kourakuen (7554) · InitiativeAdvanced

Opening Stores in New Trade Areas and Expanding the Store Network

First written in FY2016. 19 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-05.

40entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2018-Q3AdvancedFY2019-Q1 – FY2020-Q3SoftenedFY2020 – FY20252016: 220162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 220242025: 220252026: 62026
Same theme, other companies
Store Network Reconfiguration through New Openings, Renovations and ClosuresA theme 57 companies write about · 0 as a headwind · 60 as a tailwind

Kourakuen moved to the "Worse" side of this theme in 2021.

45 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 57 companies compared. The sentences above are computed from all 57.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「During the fiscal year, we renovated 23 stores and opened 2 new stores.」

    As a re-growth initiative following the contraction and streamlining of the store network, the company renovated 23 stores during the year and opened 2 new stores.
  2. FY2026-H1AdvancedAnnual report

    「We are working to enhance the value of our stores by renovating existing locations. We had completed the reopening of 11 renovated stores by the end of September. At the end of July, we opened our first new store in 7 years, the Michi-no-Eki Kunimi Atsukashinokyo store.」

    After a period of prioritizing contraction and streamlining of the store network, the company renovated 11 stores and opened its first new store in 7 years, giving concrete form to the resumption of store openings.
  3. FY2025SoftenedAnnual report

    「Store expansion mainly involved closures due to the expiration of lease agreements. As a result, the number of company-operated stores was 344, down 15 year on year,」

    Closures preceded expansion through new openings, leaving 344 company-operated stores, down 15 year on year.
  4. FY2025-H1SoftenedAnnual report

    「Regarding store development, we did not open new stores and closed unprofitable locations. As a result, the number of company-operated stores was 347, down 31 stores year on year, while the group had 373 stores at the end of the interim consolidated accounting period, down 49 stores year on year.」

    The company prioritized closing unprofitable stores over openings in new trade areas and expansion of the store network, resulting in a 49-store year-on-year decline in group stores and a 31-store decline in company-operated stores.
  5. FY2024-Q3SoftenedAnnual report

    「In addition, at the end of the third quarter of the current consolidated fiscal period, the group had 404 stores, down 29 year on year.」

    The company continued to prioritize withdrawals from unprofitable stores over openings in new trade areas and expansion of the store network, leaving 404 group stores, down 29 year on year.
  6. FY2024-Q2SoftenedAnnual report

    「The company prioritized profitability in its store expansion strategy and withdrew from unprofitable stores. As a result, the number of company-operated stores was 378, down 13 year on year,」

    The company continued to prioritize profitability and withdraw from unprofitable stores rather than expand the store network, leaving 422 group stores, down 16 year on year, and 378 company-operated stores.
  7. FY2024-Q1SoftenedAnnual report

    「Regarding store development, we did not open new stores and closed unprofitable locations. As a result, the number of company-operated stores was 379, down 16 stores year on year,」

    Prioritizing withdrawals from unprofitable stores over openings in new trade areas and expansion of the store network, the group store count fell to 424 and the company-operated store count to 379.
  8. FY2023SoftenedAnnual report

    「We will generally refrain from opening new stores and focus on further cost reductions by closing unprofitable stores and converting them to franchise operations.」

    The policy of prioritizing withdrawals from unprofitable stores, franchising and a reduction in the number of stores over openings in new trade areas and expansion of the store network has become clear.
  9. FY2023-Q3SoftenedAnnual report

    「In addition, at the end of the third quarter of the current consolidated fiscal period, the group had 433 stores, down 10 year on year.」

    The group had 433 stores, down 10 year on year, as store streamlining and contraction continued rather than expansion through new openings.
  10. FY2023-Q2SoftenedAnnual report

    「In addition, at the end of the second quarter of the current consolidated fiscal period, the group had 438 stores, down 11 year on year. In terms of store expansion, 4 stores were converted to 「幸楽苑 since1954+幸楽苑のからあげ家」. The number of company-operated stores was 391, down 15 year on year,」

    Format conversions and store streamlining continued rather than expansion through new openings. The group had 438 stores, down 11 year on year, and 391 company-operated stores.
  11. FY2023-Q1SoftenedAnnual report

    「In terms of store expansion, 4 stores were converted to 「幸楽苑 since1954+幸楽苑のからあげ家」. The number of company-operated stores was 395, down 13 year on year,」

    The company pursued format conversions rather than expansion through new openings, leaving 395 company-operated stores, down 13 year on year. The trend of prioritizing the streamlining and conversion of existing stores over expansion of the store network continued.
  12. FY2022SoftenedAnnual report

    「At the end of the current consolidated fiscal year, the group had 440 stores, down 14 year on year.」

    The store network stood at 440 stores, down 14 year on year, and the company continued to prioritize format conversions and store streamlining over expansion through new openings.
  13. FY2022-Q3SoftenedAnnual report

    「In addition, at the end of the third quarter of the current consolidated fiscal period, the group had 443 stores, down 17 year on year. In terms of store expansion, 2 stores were converted to 「幸楽苑 since1954+幸楽苑のからあげ家」 and 2 stores to 「幸楽苑の家系らーめんトラック野郎 since2021」. The number of company-operated stores was 403, down 12 year on year,」

    Format conversions and a reduction in the number of stores progressed rather than expansion of the store network through new openings, leaving 443 group stores and 403 company-operated stores.
  14. FY2022-Q2SoftenedAnnual report

    「In addition, at the end of the second quarter of the current consolidated fiscal period, the group had 449 stores, down 13 year on year. In terms of store expansion, 2 stores were converted to the hybrid ramen-and-fried-chicken format 「幸楽苑 since1954+幸楽苑のからあげ家」. The number of company-operated stores was 406, down 10 year on year,」

    The group had 449 stores and 406 company-operated stores, down 13 and 10 stores, respectively, from the same period a year earlier. The company is progressing with store closures and format conversions rather than expansion through new openings.
  15. FY2022-Q1SoftenedAnnual report

    「In addition, in terms of store expansion, to strengthen existing dominant areas and improve margins, we closed 3 stores as part of fundamental structural reforms. The number of company-operated stores fell to 408, down 9 year on year,」

    While emphasizing the strengthening of existing dominant areas and margin improvement, the company closed 3 stores, leaving 408 company-operated stores, down 9 year on year. The trend of prioritizing streamlining and profitability improvement over expanding the store network continued.
  16. FY2021SoftenedAnnual report

    「In addition, in terms of store expansion, to strengthen existing dominant areas and improve margins, we closed 16 stores as part of fundamental structural reforms. The number of company-operated stores fell to 411, down 16 year on year,」

    Prioritized structural reforms and margin improvement over expansion, closing 16 company-operated ramen stores. The number of company-operated stores fell to 411.
  17. FY2021-Q3SoftenedAnnual report

    「At the end of the third quarter of the current consolidated fiscal period, the group had 460 stores, down 32 year on year. In terms of store expansion, the number of company-operated stores was 415, down 30 year on year,」

    The store network continued to contract and be streamlined, with group stores declining from 462 in the previous quarter to 460 and company-operated stores from 416 to 415.
  18. FY2021-Q2SoftenedAnnual report

    「At the end of the second quarter of the current consolidated fiscal period, the group had 462 stores, down 60 year on year. In terms of store expansion, the number of company-operated stores was 416, down 68 year on year,」

    The contraction and streamlining of the store network continued, with 462 group stores and 416 company-operated stores.
  19. FY2021-Q1SoftenedAnnual report

    「At the end of the first quarter of the current consolidated fiscal period, the group had 463 stores, down 66 year on year. In terms of store expansion, the number of company-operated stores was 417, down 77 year on year,」

    The store network continued to contract and be streamlined rather than expand, with 463 group stores and 417 company-operated stores.
  20. FY2020SoftenedAnnual report

    「In addition, in terms of store expansion, to strengthen existing dominant areas and improve margins, we converted 1 franchise store into a company-operated store; carried out 1 scrap-and-build project, closing the store in March 2019 and reopening it in November 2019; closed 21 stores with conversion to other formats in mind, 45 stores as part of fundamental structural reforms and 7 other stores. The number of company-operated stores fell to 427,」

    While emphasizing the strengthening of existing dominant areas, the company significantly accelerated closures associated with format conversions and structural reforms, leaving 71 fewer company-operated stores year on year. The strategy is shifting away from expanding the store network and toward improving profitability and withdrawing from stores.
  21. FY2020-Q3AdvancedAnnual report

    「In terms of store expansion, to strengthen existing dominant areas and improve margins, we closed 18 stores with conversion to other formats in mind, 30 stores as part of fundamental structural reforms and 7 other stores. As a result, the number of company-operated stores fell to 445,」

    Closed a total of 55 stores: 18 in preparation for conversion to other formats, 30 as part of structural reforms and 7 for other reasons. The number of company-operated stores fell to 445. Overall, the store network is moving toward prioritizing the disposal of low-profit stores and margin improvement.
  22. FY2020-Q2AdvancedAnnual report

    「In terms of store expansion, to strengthen existing dominant areas and improve margins, we closed 9 stores with conversion to other formats in mind and closed a further 5 stores. As a result, the number of company-operated stores was 484, down 21 year on year.」

    Focused on existing dominant areas and margin improvement, and closed 9 stores with conversion to other formats in mind, as well as 5 other stores. The number of company-operated stores was 484.
  23. FY2020-Q1AdvancedAnnual report

    「In terms of store expansion, to strengthen existing dominant areas and improve margins, we closed 4 stores. The number of company-operated stores was 494, down 22 year on year.」

    Focused on existing dominant areas and margin improvement, and closed 4 stores. There were 494 company-operated stores, down 22 year on year.
  24. FY2019AdvancedAnnual report

    「To strengthen existing dominant areas, we opened 10 「幸楽苑」 locations, comprising 7 roadside stores and 3 food-court stores in shopping centers; converted 2 franchise stores into company-operated stores; closed 26 stores, including 10 converted to steak restaurants and 1 converted to a yakiniku restaurant; and carried out 2 scrap-and-build projects.」

    Opened 10 stores in existing dominant areas while closing 26 stores and progressing with conversions to steak and yakiniku restaurants.
  25. FY2019-Q3AdvancedAnnual report

    「In terms of store expansion, to strengthen existing dominant areas, we opened 10 「幸楽苑」 locations, comprising 7 roadside stores and 3 food-court stores in shopping centers; converted 2 franchise stores into company-operated stores; closed 21 stores, including 10 converted to steak restaurants; and carried out 1 scrap-and-build project. The number of company-operated stores was 504, down 32 year on year.」

    Opened 10 stores while closing 21 stores, 10 of which were converted to steak restaurants. The number of company-operated stores was 504.
  26. FY2019-Q2AdvancedAnnual report

    「In terms of store expansion, we opened 10 「幸楽苑」 locations, including 7 compact roadside stores aimed at strengthening existing dominant areas and improving margins: 7 roadside stores and 3 food-court stores in shopping centers. We also closed 17 stores, including 10 converted to steak restaurants, and carried out 1 scrap-and-build project, which opened in October. The number of company-operated stores was 505, down 36 year on year.」

    Opened 10 stores in existing dominant areas while closing 17 stores, 10 of which were converted to steak restaurants. The number of company-operated stores was 505.
  27. FY2019-Q1AdvancedAnnual report

    「In terms of store expansion, we opened 10 「幸楽苑」 locations, including 7 compact roadside stores aimed at strengthening existing dominant areas and improving margins: 7 roadside stores and 3 food-court stores in shopping centers. We also closed 7 stores, including 4 converted to steak restaurants and 2 converted during the second quarter. The number of company-operated stores was 516, down 25 year on year.」

    Opened 10 stores, mainly in existing dominant areas, and closed 7 stores. Of these, 4 were converted to steak restaurants, leaving 516 company-operated stores.
  28. FY2018SoftenedAnnual report

    「We will fundamentally review our investment criteria, limit new openings to existing dominant areas, review store operating hours, and undertake reforms including store-layout changes aimed at reducing staffing requirements and improving operating efficiency.」

    The policy on expanding store openings changed from broad expansion to a focus on existing dominant areas for the time being. In practice, 35 stores were opened while 49 were closed, leaving 513 company-operated stores.
  29. FY2018-Q3AdvancedAnnual report

    「In terms of store expansion, we opened 35 「幸楽苑」 locations, including 12 compact roadside stores aimed at strengthening our dominant areas and improving margins: 18 roadside stores, 16 food-court stores in shopping centers and 1 hospital-based store. We also carried out 2 scrap-and-build projects and closed 26 stores. The number of company-operated stores increased to 536, up 9 year on year.」

    Opened 35 stores to strengthen dominant areas and improve margins, and carried out 2 scrap-and-build projects and closed 26 stores. The number of company-operated stores reached 536.
  30. FY2018-Q2AdvancedAnnual report

    「In terms of store expansion, we opened 24 「幸楽苑」 locations, including 8 compact roadside stores aimed at strengthening our dominant areas and improving margins: 11 roadside stores, 12 food-court stores in shopping centers and 1 hospital-based store. We also carried out 2 scrap-and-build projects and closed 10 stores.」

    Opened 24 stores to strengthen dominant areas and improve margins, and carried out 2 scrap-and-build projects and closed 10 stores.
  31. FY2018-Q1AdvancedAnnual report

    「In terms of store expansion, we opened 15 「幸楽苑」 locations, including 3 compact roadside stores aimed at strengthening our dominant areas and improving margins: 5 roadside stores, 9 food-court stores in shopping centers and 1 hospital-based store. We also carried out 1 scrap-and-build project.」

    Opened 15 stores, including 3 compact roadside stores, to strengthen dominant areas and improve margins, and carried out 1 scrap-and-build project.
  32. FY2017AdvancedAnnual report

    「To strengthen its dominant market areas, the company opened 30 "幸楽苑" stores, including 13 in Tohoku and 10 in Kanto, comprising 14 roadside stores, 15 food-court stores in shopping centers and 1 street-front store. It also carried out 3 scrap-and-build projects and closed 13 stores, comprising 10 domestic stores and 3 overseas stores.」

    To strengthen its dominant market areas, the company opened 30 stores, carried out 3 scrap-and-build projects and closed 13 stores.
  33. FY2017-Q3AdvancedAnnual report

    「To strengthen its dominant market areas, the company opened 29 "幸楽苑" stores, including 12 in Tohoku and 10 in Kanto, comprising 13 roadside stores, 15 food-court stores in shopping centers and 1 street-front store. It also carried out 2 scrap-and-build projects and closed 12 stores, comprising 9 domestic stores and 3 overseas stores.」

    To strengthen its dominant market areas, the company opened 29 stores, carried out 2 scrap-and-build projects and closed 12 stores.
  34. FY2017-Q1AdvancedAnnual report

    「Regarding store expansion, the company opened 10 "幸楽苑" stores in Japan, including 1 in Hiroshima Prefecture, a new market, comprising 3 roadside stores, 6 food-court stores in shopping centers and 1 street-front store. It also carried out 1 scrap-and-build project and closed 7 stores, comprising 5 domestic stores and 2 overseas stores.」

    The company opened 10 stores, including its entry into Hiroshima Prefecture, carried out 1 scrap-and-build project and closed 7 stores.
  35. FY2016First statedAnnual report

    「In Japan, the company opened 27 stores, including 7 in Hokkaido, a new market, comprising 15 roadside stores and 12 food-court stores in shopping centers. It also closed 18 stores and carried out 4 scrap-and-build projects.」

    The company opened stores in new markets, including Hokkaido, and carried out store closures and scrap-and-build projects.
Moved together

"Product Policy Prioritizing Value Over Price" moved the same way as this thread, in the same document, in 17 of its 40 moves.

171413131211★123456
  1. ★This thread
  2. 1Product Policy Prioritizing Value Over Price17×
  3. 2New Formats and Product Development to Offset Reliance on a Single Brand14×
  4. 31,000-Store Network in Japan13×
  5. 4Achieved operating and ordinary profitability in the first quarter13×
  6. 5Unprofitable Stores and Impairment Losses12×
  7. 6Higher and more stable dividend levels11×

★ 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.

When this could move next
No upcoming earnings preview for Kourakuen yet. It last moved in the Monthly of 2026-10-05: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Opening Stores in New Trade Areas and Expanding the Store Network | KOURAKUEN CORPORATION (7554) | Komori