Reconfiguring Stores and Services Under the "With-COVID Strategy"
First written in FY2022. 4 of 5 entries say "Restated". Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2RestatedAnnual report
「In its domestic food-service business, the Group is responding to changes in lifestyles during the COVID-19 pandemic by opening restaurants, including Gyu-Kaku and its derivative formats, Yakiniku Karubi Taisho and Otoya Gohandokoro, primarily in suburban and roadside locations, with the aim of recovering the net decrease in directly operated stores during the pandemic.」
The Group continues its policy of opening stores in suburban and roadside locations to respond to changes in lifestyles and recover the net decrease in directly operated stores during the COVID-19 pandemic. - FY2023RestatedAnnual report
「In its store initiatives, the Group is optimizing its business portfolio to meet consumer needs by reviewing store locations and proceeding with store openings and closures, in light of the faster recovery in demand for suburban locations and dining than in urban areas and for dining than for alcohol consumption, and by converting izakaya-format stores to restaurant formats.」
The Group continues to reconfigure stores under the With-COVID environment through suburban locations, dining demand, conversions from izakaya to restaurant formats, and portfolio optimization through store openings and closures. - FY2023-Q2RestatedAnnual report
「Specifically, in response to the shift from central urban and building-integrated locations to suburban and roadside locations and from demand for alcohol to demand for meals, we are reviewing store locations and opening and closing stores, while converting izakaya-format stores with slow sales recovery to restaurant formats and pursuing an opening strategy suited to locations and consumer needs.」
The Group continues its With-COVID Strategy and response to change by focusing on suburban and roadside locations, demand for dining, and conversions from izakaya to restaurant formats. - FY2023-Q1RestatedAnnual report
「In response to changes in people's values following the COVID-19 pandemic, the Group has reviewed the role of its stores and pursued measures suited to emerging trends in customer traffic and changing preferences.」
The Group continues to reconfigure stores and services under the With-COVID environment by responding to location, operating hours, demand for dining, individual and small-group dining, and store digital transformation. - FY2022First statedAnnual report
「Amid major changes in the business environment, the Group is pursuing its "With-COVID Strategy" and "Responding to Change."」
The Group first explicitly stated a newly named strategy integrating store openings in residential areas, renovations, takeout and delivery, format conversions, layouts for small groups, changes to operating hours, product development and store digital transformation.