Increased Dependence on Revenue from Directly Operated Stores
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
0 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「From the time of our establishment, we focused on developing stores through franchise locations, but in recent years the proportion of directly operated stores has increased. As a result, our dependence on revenue from directly operated stores has grown.」
The emphasis has shifted from franchise locations to directly operated stores, and the company continues to explain that it is highly dependent on revenue from directly operated stores. - FY2017First statedAnnual report
「From the time of our establishment, we focused on developing stores through franchising in order to establish infrastructure at an early stage. In recent years, as the infrastructure has become more established, the proportion of directly operated stores has consequently increased. As a result, our dependence on revenue from directly operated stores has grown significantly.」
The company explains that, as the proportion of directly operated stores has increased from a franchise-focused model, dependence on revenue from directly operated stores has grown.