Struggles at upscale izakaya and low-priced conveyor-belt sushi restaurants
First written in FY2017-Q1. 19 of 36 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「ATOM CORPORATION reported revenue of ¥30.434 billion (¥35.504 billion in the previous year), business profit of ¥24 million (a business loss of ¥56 million in the previous year) and an operating loss of ¥828 million (operating profit of ¥1.748 billion in the previous year).」
ATOM CORPORATION reported lower revenue and secured business profit, but moved from operating profit to an operating loss. Differences in performance among the major formats continue. - FY2025ReframedAnnual report
「To concentrate management resources on its restaurant business, ATOM CORPORATION transferred its karaoke business to 株式会社シン・コーポレーション in March 2025.」
In addition to the previous disclosures on struggles by format, ATOM CORPORATION carried out a business restructuring by transferring its karaoke business and concentrating management resources on its restaurant business. - FY2024MitigatedAnnual report
「For the fiscal year, consolidated revenue was ¥241.284 billion, business profit was ¥8.712 billion, net profit was ¥4.064 billion and net profit attributable to owners of the parent was ¥2.905 billion, as the performance of consolidated subsidiaries other than ATOM CORPORATION, particularly Reins International Co., Ltd., recovered substantially, although ATOM CORPORATION's recovery remained delayed.」
The struggles of the major formats eased as Reins, KAPPA・CREATE CO.,LTD. and OOTOYA Holdings Co.,Ltd. improved, although ATOM CORPORATION's recovery remains delayed. - FY2024-Q3MitigatedAnnual report
「Reins International Co., Ltd. reported revenue of ¥73.914 billion (¥64.051 billion in the same quarter of the previous year), business profit of ¥4.756 billion (¥1.336 billion in the same quarter of the previous year) and operating profit of ¥5.154 billion (¥668 million in the same quarter of the previous year). KAPPA・CREATE CO.,LTD. reported revenue of ¥54.149 billion (¥52.591 billion in the same quarter of the previous year), business profit of ¥1.027 billion (a business loss of ¥1.161 billion in the same quarter of the previous year) and operating profit of ¥1.099 billion (an operating loss of ¥1.170 billion in the same quarter of the previous year).」
Profit improved at both Reins, which includes the izakaya and restaurant formats, and KAPPA・CREATE CO.,LTD., which operates low-priced conveyor-belt sushi restaurants, easing the struggles of specific formats in terms of earnings. - FY2024-Q2MitigatedAnnual report
「For KAPPA・CREATE CO.,LTD., revenue was ¥36,242 million (¥34,820 million in the same quarter of the previous year), business profit was ¥618 million (business loss of ¥785 million), and operating profit was ¥643 million (operating loss of ¥890 million).」
The low-priced conveyor-belt sushi format moved from a business loss and operating loss in the same period of the previous year to business profit and operating profit, indicating that the struggles in specific formats had eased to some extent. - FY2024-Q1MitigatedAnnual report
「Reins International Co., Ltd. reported revenue of ¥23.204 billion (¥19.958 billion in the same quarter of the previous year), business profit of ¥1.593 billion (¥251 million in the same quarter of the previous year) and operating profit of ¥2.160 billion (¥136 million in the same quarter of the previous year). KAPPA・CREATE CO.,LTD. reported revenue of ¥17.562 billion (¥16.812 billion in the same quarter of the previous year), business profit of ¥213 million (a business loss of ¥227 million in the same quarter of the previous year) and operating profit of ¥222 million (an operating loss of ¥291 million in the same quarter of the previous year).」
Reins International Co., Ltd.'s profit exceeded the same period of the previous year, while KAPPA・CREATE CO.,LTD. also moved from a loss in the previous year to profit. The struggles of the major formats eased to some extent. - FY2023WorsenedAnnual report
「For the fiscal year, ATOM CORPORATION reported revenue of ¥35.266 billion, a business loss of ¥939 million and an operating loss of ¥1.560 billion. Reins International Co., Ltd. reported revenue of ¥87.592 billion, business profit of ¥2.791 billion and an operating loss of ¥1.501 billion. KAPPA・CREATE CO.,LTD. reported revenue of ¥70.438 billion, a business loss of ¥734 million and an operating loss of ¥2.017 billion.」
The major food-service segments, ATOM CORPORATION, Reins and KAPPA・CREATE CO.,LTD., all recorded operating losses, while Reins moved from operating profit in the previous year to an operating loss despite higher revenue. - FY2023-Q3WorsenedAnnual report
「Reins International Co., Ltd. reported revenue of ¥64.051 billion (¥40.900 billion in the same quarter of the previous year), business profit of ¥1.336 billion (¥3.862 billion in the same quarter of the previous year) and operating profit of ¥668 million (¥4.009 billion in the same quarter of the previous year). KAPPA・CREATE CO.,LTD. reported revenue of ¥52.591 billion (¥50.809 billion in the same quarter of the previous year), a business loss of ¥1.161 billion (business profit of ¥270 million in the same quarter of the previous year) and an operating loss of ¥1.170 billion (operating profit of ¥640 million in the same quarter of the previous year).」
Despite higher revenue, Reins saw profit decline substantially, while KAPPA・CREATE CO.,LTD. moved from profit to loss, and the struggles of the major formats again broadened in terms of earnings. - FY2023-Q2WorsenedAnnual report
「Reins International Co., Ltd. reported revenue of ¥40.499 billion (¥22.545 billion in the same quarter of the previous year), business profit of ¥163 million (¥2.898 billion in the same quarter of the previous year) and an operating loss of ¥341 million (operating profit of ¥3.100 billion in the same quarter of the previous year). KAPPA・CREATE CO.,LTD. reported revenue of ¥34.820 billion (¥33.093 billion in the same quarter of the previous year), a business loss of ¥785 million (business profit of ¥45 million in the same quarter of the previous year) and an operating loss of ¥890 million (operating profit of ¥355 million in the same quarter of the previous year).」
Despite higher revenue, Reins International Co., Ltd. moved from operating profit to an operating loss, while KAPPA・CREATE CO.,LTD. also moved from profit to loss. The struggles in specific formats have again become apparent. - FY2023-Q1WorsenedAnnual report
「For KAPPA・CREATE CO.,LTD., revenue was ¥16,812 million (¥16,535 million in the same quarter of the previous year), business loss was ¥227 million (¥160 million in the same quarter of the previous year), and operating loss was ¥291 million (operating profit of ¥49 million in the same quarter of the previous year).」
The low-priced conveyor-belt sushi format moved from operating profit in the same period of the previous year to an operating loss, and the struggles in specific formats have again become evident in earnings. - FY2022MitigatedAnnual report
「Reins International Co., Ltd. reported revenue of ¥56.630 billion (¥60.195 billion in the previous year), business profit of ¥4.858 billion (a business loss of ¥4.196 billion in the previous year) and operating profit of ¥3.545 billion (an operating loss of ¥7.768 billion in the previous year). KAPPA・CREATE CO.,LTD. reported revenue of ¥67.207 billion (¥64.881 billion in the previous year), business profit of ¥829 million (a business loss of ¥354 million in the previous year) and operating profit of ¥1.304 billion (an operating loss of ¥1.193 billion in the previous year).」
Reins, which includes the izakaya and restaurant formats, and KAPPA・CREATE CO.,LTD., which operates low-priced conveyor-belt sushi restaurants, both moved from losses in the previous year to full-year profit, indicating that the struggles in specific formats had eased. - FY2022-Q3MitigatedAnnual report
「Reins International Co., Ltd. reported revenue of ¥40.900 billion (¥46.431 billion in the same quarter of the previous year), business profit of ¥3.861 billion (a business loss of ¥5.105 billion in the same quarter of the previous year) and operating profit of ¥4.009 billion (an operating loss of ¥6.115 billion in the same quarter of the previous year). KAPPA・CREATE CO.,LTD. reported revenue of ¥50.809 billion (¥48.368 billion in the same quarter of the previous year), business profit of ¥270 million (a business loss of ¥1.044 billion in the same quarter of the previous year) and operating profit of ¥640 million (an operating loss of ¥1.128 billion in the same quarter of the previous year).」
Both Reins International Co., Ltd. and KAPPA・CREATE CO.,LTD. moved from business and operating losses in the same period of the previous year to profit, indicating an easing of specific formats' struggles in terms of earnings. - FY2022-Q2MitigatedAnnual report
「For KAPPA・CREATE CO.,LTD., revenue was ¥33,093 million (¥30,769 million in the same quarter of the previous year), business profit was ¥45 million (business loss of ¥1,465 million), and operating profit was ¥355 million (operating loss of ¥1,515 million).」
The low-priced conveyor-belt sushi format moved from a loss in the same period of the previous year to business profit and operating profit, indicating that its previous format-level struggles had eased. - FY2022-Q1MitigatedAnnual report
「Reins International Co., Ltd. reported revenue of ¥11.801 billion (¥10.570 billion in the same quarter of the previous year), business profit of ¥1.166 billion (a business loss of ¥2.602 billion in the previous year) and operating profit of ¥1.339 billion (an operating loss of ¥3.530 billion in the same quarter of the previous year).」
Reins International Co., Ltd., which includes the izakaya and restaurant formats, moved from a business loss and operating loss in the same period of the previous year to profit, indicating a substantial easing of its format-level struggles. - FY2021WorsenedAnnual report
「As a result, consolidated revenue for the fiscal year was ¥168.181 billion, business loss (Note) was ¥8.146 billion, operating loss was ¥13.163 billion, net loss was ¥10.769 billion and net loss attributable to owners of the parent was ¥9.728 billion.」
The impact of the spread of the infection and operating restrictions was quantified as a full-year consolidated loss, indicating that the format-level struggles became more severe on an annual basis. - FY2021-Q3WorsenedAnnual report
「When the third wave of COVID-19 became apparent, local governments across Japan, beginning with Tokyo, requested further reductions in operating hours for restaurants serving alcoholic beverages. In addition, year-end banquet demand evaporated, leaving the business in an extremely difficult situation, particularly in the izakaya format.」
Additional requests to reduce operating hours during the third wave and the disappearance of year-end banquet demand made the izakaya format's struggles even more severe. KAPPA・CREATE CO.,LTD. also moved into an operating loss. - FY2021-Q2WorsenedAnnual report
「Reins International Co., Ltd. reported revenue of ¥26.690 billion (¥56.584 billion in the same quarter of the previous year), a business loss of ¥4.662 billion (business profit of ¥2.650 billion in the previous year) and an operating loss of ¥5.423 billion (operating profit of ¥2.587 billion in the same quarter of the previous year).」
Reins International Co., Ltd., which includes the izakaya and restaurant formats, moved from business profit and operating profit in the same period of the previous year to substantial losses, indicating that its format-level struggles deteriorated further. - FY2021-Q1WorsenedAnnual report
「Reins International Co., Ltd. reported revenue of ¥10.570 billion (¥28.551 billion in the same quarter of the previous year), a business loss of ¥2.602 billion (business profit of ¥1.565 billion in the previous year) and an operating loss of ¥3.530 billion (operating profit of ¥1.549 billion in the same quarter of the previous year).」
Reins International Co., Ltd., which includes the izakaya and restaurant formats, moved from operating profit in the same quarter of the previous year to an operating loss of ¥3.530 billion, indicating a substantial deterioration in its format-level struggles. - FY2020WorsenedAnnual report
「Temporary closures and reduced operating hours were implemented to curb the spread of COVID-19. As a result, not only did conditions in the izakaya format, which had been struggling due to sluggish banquet demand, deteriorate further, but same-store sales at restaurants, which had been performing steadily, also fell significantly below the previous year in March.」
The izakaya format, which had already been struggling, deteriorated further as the infection spread, and the resulting decline in March same-store sales also affected the restaurant format. - FY2020-Q3WorsenedAnnual report
「In addition, the izakaya format was affected by Typhoon Hagibis, and could not avoid the impact of sluggish banquet demand, a trend across the izakaya industry, resulting in inadequate performance.」
The text states that the izakaya format produced inadequate performance due to sluggish banquet demand, in addition to the impact of Typhoon Hagibis. - FY2020-Q2WorsenedAnnual report
「However, the izakaya format struggled after late August, when the business was affected by heavy rain and typhoons. In addition, Steak Miya, operated by ATOM CORPORATION, saw growth stall due to the impact of price cuts and other measures by competitors' upscale specialty restaurants.」
The izakaya format's longstanding struggles continued, and the impact of natural disasters was also noted. The stagnation in Steak Miya's growth due to price cuts and other measures by upscale specialty restaurants was also explicitly identified. - FY2020-Q1MitigatedAnnual report
「As a result of proceeding with the measures described above, the restaurant and izakaya formats both performed steadily during the cumulative first-quarter period, although」
The restaurant and izakaya formats were both reported to have performed steadily, indicating that the previous struggles in these formats had eased to some extent. KAPPA・CREATE CO.,LTD.'s operating profit also increased from ¥398 million to ¥620 million year on year. - FY2019WorsenedAnnual report
「In addition to the overall shortfall in the store opening plan and the impact of successive natural disasters, the struggles in the izakaya and steak formats and the delayed recovery of the conveyor-belt sushi format also resulted in the recognition of an impairment loss of ¥4.890 billion, among other factors.」
In addition to the previous struggles in the izakaya and conveyor-belt sushi formats, struggles in the steak format and the delayed recovery of the conveyor-belt sushi format became factors affecting full-year performance, and an impairment loss of ¥4.890 billion was recognized. - FY2019-Q3RestatedAnnual report
「Although we proceeded with the measures described above, the shortfall in the store opening plan, struggles in the izakaya format and the impact of successive natural disasters resulted in consolidated revenue of ¥183.280 billion, operating profit of ¥6.733 billion, profit before tax for the quarter of ¥5.354 billion and profit for the quarter of ¥3.109 billion for the cumulative third-quarter period.」
The shortfall in the store opening plan and the struggles in the izakaya format continued to be cited as factors affecting consolidated performance. Meanwhile, KAPPA・CREATE CO.,LTD.'s operating profit improved year on year. - FY2019-Q2MitigatedAnnual report
「KAPPA・CREATE CO.,LTD. reported revenue of ¥39.518 billion (¥40.109 billion in the same quarter of the previous year) and operating profit of ¥703 million (¥211 million in the same quarter of the previous year).」
While revenue at KAPPA・CREATE CO.,LTD. fell below the same period of the previous year, operating profit increased from ¥211 million to ¥703 million, indicating a further easing of the low-priced conveyor-belt sushi format's performance-related struggles. - FY2018MitigatedAnnual report
「KAPPA・CREATE CO.,LTD. reported revenue of ¥78.729 billion (¥79.423 billion in the same period of the previous year) and operating profit of ¥548 million (an operating loss of ¥1.757 billion in the same period of the previous year).」
While revenue at KAPPA・CREATE CO.,LTD. declined slightly, it moved from an operating loss of ¥1.757 billion to operating profit of ¥548 million, indicating that the low-priced conveyor-belt sushi format's performance-related struggles had eased. - FY2018-Q3MitigatedAnnual report
「KAPPA・CREATE CO.,LTD. reported revenue of ¥59.533 billion (¥59.920 billion in the same quarter of the previous year) and operating profit of ¥468 million (an operating loss of ¥1.106 billion in the same quarter of the previous year).」
KAPPA・CREATE CO.,LTD., which operates low-priced conveyor-belt sushi restaurants, improved from an operating loss of ¥1.106 billion to operating profit of ¥468 million. The text also notes that some formats struggled due to adverse weather and higher food ingredient prices. - FY2018-Q2WorsenedAnnual report
「KAPPA・CREATE CO.,LTD. reported revenue of ¥40.109 billion (¥39.871 billion in the same quarter of the previous year) and operating profit of ¥211 million (¥849 million in the same quarter of the previous year).」
KAPPA・CREATE CO.,LTD., which operates low-priced conveyor-belt sushi restaurants, saw operating profit decline from ¥849 million in the same quarter of the previous year to ¥211 million, quantitatively demonstrating its struggle. - FY2018-Q1WorsenedAnnual report
「④ KAPPA・CREATE CO.,LTD. For the cumulative first-quarter period, revenue was ¥19.421 billion (¥19.006 billion in the same quarter of the previous year), and operating profit was ¥82 million (¥562 million in the same quarter of the previous year).」
KAPPA・CREATE CO.,LTD., which operates low-priced conveyor-belt sushi restaurants, saw operating profit decline from ¥562 million in the same quarter of the previous year to ¥82 million, quantitatively demonstrating its struggle. - FY2017-Q3WorsenedAnnual report
「Although we implemented the measures described above, new store openings fell significantly short of the plan. In addition, the inadequate implementation of sales strategies and insufficient improvement in operating skills at KAPPA・CREATE CO.,LTD., difficulty attracting walk-in customers in the izakaya format, and delays in the Group's response to changes in social conditions, among other factors, resulted in」
As the shortfall in the new store opening plan continued, specific factors emerged, including KAPPA・CREATE CO.,LTD.'s sales strategy and operating skills deficiencies, difficulty attracting walk-in customers to izakaya restaurants, and delays in the Group's response. - FY2017-Q2WorsenedAnnual report
「In addition to the significant shortfall in new store openings against the plan, the upscale izakaya format struggled due to the resurgence of consumers' deflationary mindset and the shift in inbound consumption toward experiences. The low-priced conveyor-belt sushi format was affected by insufficient improvement in brand image and operating skills, while the Group as a whole was slow to respond to changes in social conditions, among other factors, resulting in」
The upscale izakaya format continued to struggle, while the low-priced conveyor-belt sushi format was affected by insufficient brand image and operating skills and delays in the Group's response. The cumulative loss for the second quarter was ¥134 million, indicating that the impact of these format-level struggles continued. - FY2017-Q1First statedAnnual report
「In addition to the significant shortfall in new store openings against the plan, the Company struggled mainly in the upscale izakaya and low-priced conveyor-belt sushi formats, due to」
The struggles in specific formats and the shortfall in the new store opening plan are explicitly identified as factors behind performance for the quarter.